Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2023
CQFD Europe from Brussel, company number BE0640970951, closed financial year 2023 with a result of € 29 after tax. For that financial year CQFD Europe recorded a gross margin of € 29 and equity of € -111,248. Compared with financial year 2022, the result moved from € -21,295 to € 29. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2024.
€ -111,248
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29
▲ still € 21,295 loss in 2022
Profit after tax over the fiscal year.
€ 940
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -133,162.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 6,374
▼ 1% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 1,988
▲ € 1,619 vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -12,216 | € -10,544 | € 29 | ▲ € 10,573 |
| Profit after taxes | € -59,996 | € -21,295 | € 29 | ▲ € 21,324 |
| Equity | € -68,836 | € -111,277 | € -111,248 | |
| Total debts | € 238,876 | € 115,126 | € 116,709 | ▲ 1% |
| Cash | € 15,478 | € 940 | € 940 | |
| Retained profit | € -94,062 | € -133,191 | € -133,162 | |
| Bank debt | € 48,252 | € 0 | € 0 | |
| Balance sheet total | € 170,040 | € 3,849 | € 5,462 | ▲ 42% |
Key figures of CQFD Europe, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to CQFD Europe?
What happened at CQFD Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 29. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,996 loss in 2021 to € 29 profit in 2023.
Best year ever: 2023, with € 29 profit.
A new publication or filing at CQFD Europe? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CQFD Europe is Patrice VALSCHAERTS. Patrice VALSCHAERTS is also behind GOODBYE.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Aarlenstraat 80
1040 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0640.970.951
- VAT number
- BE 0640.970.951
- Registered office
- Aarlenstraat 80, 1040 Brussel
- Names & denominations
- CQFD Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2015
- Peppol
- Not registered
- Activities · NACE
Exploitatie van schouwburgen, concertzalen en dergelijke
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Catering van evenementen
Eetgelegenheden met beperkte bediening