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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
CF-Traffic Belgium from Sint-Jans-Molenbeek, company number BE0669693245, closed financial year 2024 with a result of € -131,190 after tax. For that financial year CF-Traffic Belgium recorded a gross margin of € 31,960 and equity of € -107,940. Compared with financial year 2023, the result moved from € -78,691 to € -131,190. The company made a loss. 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 October 1, 2025.
€ -107,940
▼ € 131,190 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -131,190
▼ 67 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -120,340.
People and assets in 2024
€ 64,579
▲ 65% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 201,846
▼ 27% vs 2023
Of which on lease € 188,321.
Debts at end 2024
€ 247,261
▼ 8% vs 2023
€ 159,441 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 352,964
▲ 59% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 27,879
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 420,975 | - | - | - | |
| Gross margin | € 79,034 | € 194,539 | € 59,735 | € 31,960 | ▼ 46% |
| Profit after taxes | € -35,379 | € 92,752 | € -78,691 | € -131,190 | ▼ € 52,499 |
| Equity | € 9,190 | € 101,941 | € 23,250 | € -107,940 | ▼ € 131,190 |
| Total debts | € 206,393 | € 380,840 | € 676,465 | € 663,839 | ▼ 2% |
| Cash | € 2,910 | € 2,410 | € 6,548 | - | |
| Retained profit | € -3,210 | € 89,541 | € 10,850 | € -120,340 | ▼ € 131,190 |
| Bank debt | € 91,487 | € 254,625 | € 267,874 | € 247,261 | ▼ 8% |
| Balance sheet total | € 215,583 | € 482,781 | € 699,716 | € 555,899 | ▼ 21% |
Key figures of CF-Traffic Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CF-Traffic Belgium?
What happened at CF-Traffic Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 131,190. filed late Source: NBB ↗
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,379 loss in 2021 to € 131,190 loss in 2024.
Paid € 23,130 in corporate taxes since 2021.
Best year ever: 2022, with € 92,752 profit.
Management
Behind CF-Traffic Belgium is Ahmed Erdzhan.
Directors
According to the 2024 annual accounts
Ahmed Erdzhan
Manager
Establishments
Establishment units
Physical locations of this company
Louis Mettewielaan 89 box 54
1080 Sint-Jans-Molenbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →+44 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
- 0669.693.245
- VAT number
- BE 0669.693.245
- Registered office
- Louis Mettewielaan 89 bus 54, 1080 Sint-Jans-Molenbeek
- Names & denominations
- CF-Traffic Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2017
- Peppol
- Active · Active since 19 Sept 2023
- Activities · NACE
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