ACTIVE

CFS Brussels

Financial year 2025 · closed on 31/12/2025
Net result
76,3 k €
+101.5% YoY
Gross margin
721,7 k €
-13.3% YoY
Equity
38,3 k €
+0.5% YoY
Workforce
5,3 ETP
-41.8% YoY

What does CFS Brussels do?

CFS Brussels is a Private limited company incorporated in 2016. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Zaventem. It employs on average 5,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0649.749.055
Incorporation
09/03/2016
Legal form
Private limited company
Registered office
Lozenberg 4
1932 Zaventem · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2025
Average workforce
5,3 ETP
Joint committees (1)
  • 336
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin721,7 k €832,1 k €901 k €957,2 k €992,5 k €988,7 k €1 M €990,7 k €1,9 M €
EBITDA162,6 k €117 k €180,7 k €139,7 k €174,1 k €136 k €119,9 k €104,2 k €206,7 k €
Operating result134,1 k €89,8 k €157 k €113,2 k €147,8 k €113 k €99,8 k €79,5 k €177,8 k €
Net result76,3 k €37,9 k €95,3 k €67,7 k €73,7 k €52,4 k €58 k €40,9 k €90,3 k €
Balance sheet
Equity38,3 k €38,1 k €74,3 k €80,2 k €86,6 k €102,3 k €155,4 k €117,2 k €97,5 k €
Total assets903,8 k €936,2 k €837,3 k €718,7 k €780,4 k €919,2 k €733,5 k €598,9 k €564,2 k €
Cash43,7 k €7,8 k €57,7 k €109,2 k €117,5 k €215,7 k €95,7 k €91,8 k €255 k €
Debts696,3 k €768,4 k €683,9 k €604,7 k €621,6 k €761,5 k €574 k €470,9 k €426,9 k €
Other
Workforce5,3 ETP9,1 ETP11,1 ETP10,6 ETP10,4 ETP11,5 ETP11,1 ETP12,3 ETP12,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Wilfried Baeb

Director · since 15 mars 2020

Active

Ended mandates

Guido Boonen

Manager · since 04 mars 2016

Ended
Jean-Michel Stich

Manager · since 04 mars 2016

Ended
Guido Boonen

Manager

Ended
Jean-Michel Stich

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
NATHAN PROJECTSActive
0832.529.125
NATHAN SYSTEMSActive
0450.269.149
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202631/07/202530/08/202431/08/202326/08/202223/08/2021
General meeting08/06/202610/06/202510/06/202412/06/202313/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202631/07/2026DutchPDF
Abridged model31/12/202410/06/202531/07/2025DutchPDF
Abridged model31/12/202310/06/202430/08/2024DutchPDF
Abridged model31/12/202212/06/202331/08/2023DutchPDF
Abridged model31/12/202113/06/202226/08/2022DutchPDF
Abridged model31/12/202014/06/202123/08/2021DutchPDF
Abridged model31/12/201908/06/202031/07/2020DutchPDF
Abridged model31/12/201811/06/201929/07/2019DutchPDF
Abridged model31/12/201711/06/201810/07/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Wilfried Baeb

Director · since 15 mars 2020

Active

Ended mandates

Guido Boonen

Manager · since 04 mars 2016

Ended
Jean-Michel Stich

Manager · since 04 mars 2016

Ended
Guido Boonen

Manager

Ended
Jean-Michel Stich

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/04/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Other18/03/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202576,3 k €
  2. 2024
    Annual accounts 202437,9 k €
  3. 2023
    Annual accounts 202395,3 k €
  4. 2022
    Annual accounts 202267,7 k €
  5. 2021
    Annual accounts 202173,7 k €
  6. 2020
    Annual accounts 202052,4 k €
  7. 2019
    Annual accounts 201958 k €
  8. 2018
    Annual accounts 201840,9 k €
  9. 2017
    Annual accounts 201790,3 k €
  10. 09/03/2016
    IncorporationPrivate limited company