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C.S.V.D.C.

Active
Private limited companyfounded 2020active for 5 yearsChaussée de Fleurus 426, 6060 Charleroi, BelgiumKBO/BCE: BE 0756.978.694
Summary

The computed 12-month bankruptcy probability of C.S.V.D.C. is 4.0% (moderate). The 2024 annual accounts show equity of €11,526 and a net result of €7,444. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 23% of 35,978 sector peers (NACE 43, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Plumbing work
NACE 43221
1 site
Size
€54,277total assets 2024
Equity
€11,526
Profit
€7,444
Turnover not published (micro format)
Financial health
47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.0%
Structure
Accounts 74 days overdue0 of 1 deed read
Why 47raises riskFigures for financial year 2024 (filed 06-08-2025)Founded in 20201 financial year not filed after the legal deadline; latest accounts 6 days lateSize: total assets €54,277Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 28% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 46-37
equity 21.2% of total assets
Liquidity 21-31
short-term debt 71.5% · cash 7.8%
Profitability 86-4
return on assets 13.7%
Bankruptcy probability, 12 months
4.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025lowest value 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.4%▲ +0.4 percentage points vs 07-2025 09-2025: 1.8%▲ +0.4 percentage points vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.7%▼ -0.1 percentage points vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.6%▼ -0.1 percentage points vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.8%▲ +0.2 percentage points vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 2.5%▲ +0.7 percentage points vs 07-2026 09-2026: 2.7%▲ +0.2 percentage points vs 08-2026 10-2026: 4.0%▲ +1.3 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.13, compared with 1.94 in 2023, below the usual 1.5; short-term debt: 71.5% and cash: 7.8% of total assets), and 78.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 23% on solvency, 12% on liquidity, 70% on profitability and 6% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed 06-08-2025)
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 6 days late
NBB · filings
raises risk · Size: total assets €54,277
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 35978 sector peers (2024).
NBB · sector comparison
Position among 35978 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
6 days late
2023
26 days late
2022
35 days early
2021
16 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 3 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View
  • Caution: Among the weakest 18% on equitysector median €58,303 · 35,995 companies €11,526 View
  • Total assets 20244 financial years filed €54,277 View

By topic

Financials

Financial year
2024
Total assets
€54,277
Profit
€7,444
Solvency
21.2%
Total assets▼ 8.1%
Net result
20212024
Go to Financials

Timeline

Events
5
Since
2022
  1. 31-12-2022Weakest financial year
  2. 16-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plumbing workNACE 43221
Founded
26-10-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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