Annual report 2023
CFE is an integrated multidisciplinary group with an attractive growth market position in Belgium, Luxembourg and Poland. Thanks to leading companies and innovative projects, the Group focuses on four segments: Real Estate Development, Multitechnics, Construction & Renovation and Investments. From acquisition to maintenance: with complementary expertise, CFE offers complete solutions to its customers. The Group is developing the world of tomorrow through its pioneering role in sustainable development, its capacity for innovation and its desire to have an impact on society. CFE makes this ambition a reality thanks to passionate employees and strong partnerships. For 2023, we publish an integrated Annual Report, covering our strategy, management report, sustainability report and our financial results.
"We are moving ahead with confidence. CFE is well positioned in the net-zero transition and we have built strong partnerships with our clients, helping them with total solutions for complex challenges."
- Raymund Trost - CEO of CFE
"We have built a solid strategy for CFE over the years with an ambitious ESG roadmap, diversified revenue streams, and leadership positions in three core markets."
- Luc Bertrand - Chairman of the Board of Directors
" In 2023, we showed the strength and resilience of our Group in a challenging context. Our multidisciplinary model allowed us to maintain a double digit Return on Equity and keep our debt ratio low despite significant investments for our future growth such as the Kronos project in Luxembourg."
- Fabien De Jonge - CFO CFE
“For the second year in a row, CFE was named Top ESG Company by independent auditor Sustainalytics. Needless to say, we are very proud of this. It is basically a recognition that we are doing exactly what needs to be done as a responsible company.”
“Throughout 2023, a red thread was the audit process to obtain our Top Employer certification. The process was tough but receiving the certificate was a real recognition of our hard work as an organization to be a great place for people to work. We’re very proud of this certification."
- Valérie Van Brabant - Chief People Officer
“We continuously improve our IT infrastructure to make it more secure, increase our operational efficiency and reduce technical debt. This is foundational for our digital transformation that will allow us to leverage our data for better decision making. We also explore innovative methodologies and technologies in all our business segments.”
Download our annual report 2023
Full annual report 2023 - pdf
Full annual report 2023 - IXBRL ZIP
Full annual report 2023 - IXBRL Viewer
Activity report
Management report of the Board of Directors
Statement of non-financial information