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C&V ENGINEERING

Open bankruptcy
Private limited companyfounded 1987Puursesteenweg(BOR) 376, 2880 Bornem, BelgiumKBO/BCE: BE 0432.680.673

A bankruptcy procedure is open for C&V ENGINEERING according to publications in the Belgian State Gazette; curator: YVES DESUTTER.

Summary

The 2024 annual accounts show equity of €75k and a net result of €20k.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Mechelen division
Declared bankrupt
3 April 2026
Supervising judge
Marc Van Robays
Official Gazette
10-04-2026 (pdf) ↗search the document for 2026/115869

Curator

  • Yves DesutterBoonhof 24, 2890 Puurs-Sint- Amandsyves@advocaatdesutter.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1936 sector peers (2024).
NBB · sector comparison
Position among 1936 sector peers
Solvency
better than 22%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
30 d late
2022
18 d early
2021
4 d early
2020
2 d early
2019
66 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

C&V ENGINEERING was incorporated on 30 November 1987.1 Total assets rose from EUR 325,973 in 2018 to EUR 409,733 in 2024 and headcount from 1 to 1 full-time equivalents.2 On 3 April 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian State Gazette, 10-04-2026

Financials · fiscal year 2024, abbreviated schema

Equity
€75k▼ 19.0%
2023 · €92k
Total assets
€410k▼ 32.7%
2023 · €609k
Net result
€20k
2023 · €-33k
Working capital
€60k▼ 32.8%
2023 · €90k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€74k▲ 174%€48k▼ 35.3%€39k▼ 17.8%€-22k€41k
Net result€49k▲ 277%€29k▼ 40.5%€32k▲ 11.5%€-33k€20k
Equity€113k▲ 71.9%€127k▲ 12.4%€125k▼ 1.6%€92k▼ 26.3%€75k▼ 19.0%
Total assets€271k▼ 3.1%€377k▲ 39.2%€561k▲ 48.6%€609k▲ 8.6%€410k▼ 32.7%
Debt€158k▼ 26.2%€250k▲ 58.4%€436k▲ 74.2%€517k▲ 18.6%€335k▼ 35.2%
Working capital€81k▲ 89.6%€177k▲ 118%€135k▼ 24.0%€90k▼ 33.5%€60k▼ 32.8%
Staff (FTE)1.2=1.1▼ 8.3%1▼ 9.1%1=1=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50kOperating result 2020: €74k€74kNet result 2020: €49k€49kOperating result 2021: €48k€48kNet result 2021: €29k€29kOperating result 2022: €39k€39kNet result 2022: €32k€32kOperating result 2023: €-22k€-22kNet result 2023: €-33k€-33kOperating result 2024: €41k€41kNet result 2024: €20k€20k20202021202220232024€-40k€-20k€0€20k€40kOperating result 2022: €39k€39kNet result 2022: €32k€32kOperating result 2023: €-22k€-22kNet result 2023: €-33k€-33kOperating result 2024: €41k€41kNet result 2024: €20k€20k202220232024
The operating result returns to profit in 2024: €41k after a loss of €22k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €410k
Fixed assets €71k ▼ 26.3%
Current assets €339k ▼ 33.9%
Equity and liabilities €410k
Equity €75k ▼ 19.0%
Debt €335k ▼ 35.2%
Debt's share of the balance-sheet total falls from 84.9% to 81.8%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€67k▲
2023 · €6k
Cash flow
€47k▲
2023 · €-5k
Current ratio
1.22▲
2023 · 1.21
Quick ratio
0.57▲
2023 · 0.56
Debt to equity
4.49▼
2023 · 5.61
ROE
27.2%▲
2023 · -35.7%
ROA
5.0%▲
2023 · -5.4%
Interest coverage
5.33▲
2023 · 0.47
Debt ≤ 1 year
€279k▼
2023 · €424k
Debt > 1 year
€43k▼
2023 · €85k
Income taxes
€11k▲
2023 · €326
Staff costs
€108k▲
2023 · €103k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 59 lines
Balance sheet Code20232024
Assets
Total assets20/58€609k€410k▼
Fixed assets21/28€96k€71k▼
Tangible fixed assets22/27€89k€64k▼
Land and buildings22€6k€5k▼
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24€5k€1k▼
Leasing and similar rights25€70k€50k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€6k€6k=
Current assets29/58€513k€339k▼
Stocks and contracts in progress3€276k€179k▼
Stocks30/36€89k€67k▼
Contracts in progress37€187k€112k▼
Amounts receivable within one year40/41€230k€143k▼
Trade receivables40€185k€66k▼
Other amounts receivable41€45k€77k▲
Cash at bank and in hand54/58-€10k
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€609k€410k▼
Equity10/15€92k€75k▼
Contributions10/11€25k€789▼
Reserves13€100k€86k▼
Tax-exempt reserves132€6k€6k=
Distributable reserves133€95k€81k▼
Profit (loss) carried forward14€-33k€-13k▲
Amounts payable17/49€517k€335k▼
Amounts payable after more than one year17€85k€43k▼
Financial debts170/4€85k€43k▼
Amounts payable within one year42/48€424k€279k▼
Current portion of amounts payable after more than one year42€42k€42k▲
Financial debts43€22k€0▼
Credit institutions430/8€22k€0▼
Trade debts44€275k€91k▼
Suppliers440/4€275k€91k▼
Taxes, remuneration and social security45€85k€108k▲
Taxes450/3€59k€80k▲
Remuneration and social security454/9€26k€27k▲
Other amounts payable47/48-€38k
Accrued charges and deferred income492/3€8k€13k▲
Income statement Code20232024
Remuneration, social security and pensions62€103k€108k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€27k▼
Other operating charges640/8€4k€12k▲
Non-recurring operating charges66A€5k€0▼
Gross operating margin9900€118k€187k▲
Operating profit (loss)9901€-22k€41k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€13k€13k▼
Recurring financial charges65€13k€13k▼
Profit (loss) for the period before taxes9903€-33k€31k▲
Income taxes67/77€326€11k▲
Profit (loss) for the period9904€-33k€20k▲
Profit (loss) for the period to be appropriated9905€-33k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-13k▲
Profit (loss) brought forward from the previous period14P-€-33k
Transfer from equity791/2-€14k
Profit to be distributed694/7-€14k
Return on contributions (dividend)694-€14k
Social balance
Average headcount (FTE)9087-1.0

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€88k€92k€103k€108k▲ 4.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€10k€20k€28k€27k▼ 6.1%
Other operating charges640/8-€3k€2k€4k€12k▲ 202%
Non-recurring operating charges66A--€4k€5k€0▼ 100%
Gross operating margin9900€197k€149k€157k€118k€187k▲ 58.8%
Operating profit (loss)9901€74k€48k€39k€-22k€41k▲ 284%
Financial income75/76B-€253€9k€3k€3k▲ 25.3%
Recurring financial income75€270€253€516€3k€3k▲ 25.3%
Non-recurring financial income76B--€8k---
Financial charges65/66B-€3k€4k€13k€13k▼ 5.2%
Recurring financial charges65€4k€3k€4k€13k€13k▼ 5.2%
Profit (loss) for the period before taxes9903€70k€45k€44k€-33k€31k▲ 196%
Income taxes67/77€21k€16k€12k€326€11k▲ 3,278%
Profit (loss) for the period9904€49k€29k€32k€-33k€20k▲ 162%
Profit (loss) for the period to be appropriated9905€49k€29k€32k€-33k€20k▲ 162%
Line20202021202220232024Change
Assets
Total assets20/58€271k€377k€561k€609k€410k▼ 32.7%
Fixed assets21/28€34k€26k€117k€96k€71k▼ 26.3%
Tangible fixed assets22/27€27k€20k€111k€89k€64k▼ 28.2%
Land and buildings22-€2k€1k€6k€5k▼ 10.6%
Plant, machinery and equipment23-€5k€6k€5k€5k▼ 4.1%
Furniture and vehicles24-€13k€9k€5k€1k▼ 77.1%
Leasing and similar rights25--€90k€70k€50k▼ 28.7%
Other tangible fixed assets26--€4k€4k€3k▼ 13.5%
Financial fixed assets28€6k€6k€6k€6k€6k=
Current assets29/58€237k€351k€444k€513k€339k▼ 33.9%
Stocks and contracts in progress3€40k€110k€202k€276k€179k▼ 35.2%
Stocks30/36-€84k€125k€89k€67k▼ 25.1%
Contracts in progress37-€26k€77k€187k€112k▼ 40.0%
Amounts receivable within one year40/41€194k€237k€237k€230k€143k▼ 37.9%
Trade receivables40-€170k€171k€185k€66k▼ 64.4%
Other amounts receivable41-€67k€66k€45k€77k▲ 71.3%
Cash at bank and in hand54/58----€10k-
Deferred charges and accrued income490/1-€4k€5k€7k€8k▲ 4.6%
Equity and liabilities
Total equity and liabilities10/49€271k€377k€561k€609k€410k▼ 32.7%
Equity10/15€113k€127k€125k€92k€75k▼ 19.0%
Contributions10/11-€25k€25k€25k€789▼ 96.8%
Reserves13€88k€102k€100k€100k€86k▼ 13.8%
Non-distributable reserves130/1-€2k€2k---
Reserves not available under the articles1311-€2k€2k---
Tax-exempt reserves132-€6k€6k€6k€6k=
Distributable reserves133-€94k€92k€95k€81k▼ 14.6%
Profit (loss) carried forward14€0--€-33k€-13k▲ 61.7%
Amounts payable17/49€158k€250k€436k€517k€335k▼ 35.2%
Amounts payable after more than one year17€2k€77k€127k€85k€43k▼ 49.5%
Financial debts170/4-€77k€127k€85k€43k▼ 49.5%
Amounts payable within one year42/48€156k€174k€309k€424k€279k▼ 34.2%
Current portion of amounts payable after more than one year42-€13k€43k€42k€42k▲ 1.1%
Financial debts43-€36k€31k€22k€0▼ 100%
Credit institutions430/8-€36k€31k€22k€0▼ 100%
Trade debts44€46k€69k€153k€275k€91k▼ 66.8%
Suppliers440/4-€69k€153k€275k€91k▼ 66.8%
Taxes, remuneration and social security45-€40k€47k€85k€108k▲ 27.0%
Taxes450/3-€25k€31k€59k€80k▲ 36.7%
Remuneration and social security454/9-€15k€16k€26k€27k▲ 5.1%
Other amounts payable47/48-€15k€35k-€38k-
Accrued charges and deferred income492/3---€8k€13k▲ 60.8%
Line20202021202220232024Change
Profit (loss) for the period9904€49k€29k€32k€-33k€20k▲ 162%
+ Depreciation and write-downs630€34k€10k€20k€28k€27k▼ 6.1%
Operating cash flow (approximation)€83k€40k€52k€-5k€47k▲ 1,118%
Investment in fixed assets (approximation)-€-3k€-110k€-7k€-1k▲ 80.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

2026
10-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 03-04-2026
2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €20k
Net result €20k after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series.
13-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €49k ▲277%
Operating result €74k, net result €49k, both a record.
31-12
Financial Equity above €100kEq €113k ▲71.9%
3 profitable years in a row build equity to €113k.
05-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
30-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bornem · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
4,016 m²
Building footprint
1,696 m²
Volume, LiDAR
5,522 m³
Parcel 12007D0605/00X000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
C&V ENGINEERING
Puursesteenweg(BOR) 376, 2880 BornemAgents specialised in the wholesale of other particular products
since 19882.033.861.950
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12007D0605/00X000 Flanders 4,016 m² 1 · 1,696 m² 8.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator YVES DESUTTER
BOONHOF 24, 2890 PUURS-SINT- AMANDS
03-04-2026 → present

Similar companies · same sector, comparable size

Of 11,571 companies in sector 71121 we hold annual accounts for 6,561. 5,147 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-11-1987
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors

Scores and ratios are computed by Checked and are not a credit decision.