C.V.R.
ActiveC.V.R. has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.07M and a net result of €3.12M. Equity is growing by ~29.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 434 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+2
Solvency98▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €800k at 30 days acceptable
Liquidity ample (current ratio 3.56 against 6.17 in 2024; short-term debt: 25.2% and cash: 2% of total assets), and 26.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.3%
Return on assets
22.7%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
11 d early
2023
13 d early
2022
28 d early
2021
21 d early
2020
27 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€13.51M
EBIT margin
22.9%
Net result
€3.12M▲ 65.8%
2024 · €1.88M
2019: €537k
2020: €671k
2021: €603k
2022: €858k
2023: €1.60M
2024: €1.88M
2019 → 2025
Working capital
€8.84M▲ 41.2%
2024 · €6.26M
2019: €1.72M
2020: €1.79M
2021: €2.17M
2022: €3.10M
2023: €4.30M
2024: €6.26M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.51M
Equity€3.01M-€3.87M▲ 28.5%€5.07M▲ 31.1%€6.95M▲ 37.1%€10.07M▲ 44.9%
Operating result€918k-€1.15M▲ 25.8%€2.26M▲ 95.5%€2.54M▲ 12.6%€3.09M▲ 21.6%
Net result€603k-€858k▲ 42.3%€1.60M▲ 87.0%€1.88M▲ 17.3%€3.12M▲ 65.8%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 22% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.73M
Fixed assets
€1.43M▲ 38.9%
Current assets
€12.30M▲ 64.6%
Equity and liabilities €13.73M
Equity
€10.07M▲ 44.9%
Debt
€3.66M▲ 136%
The debt ratio rises from 18.2% to 26.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.92M▲
2024 · €2.96M
Cash flow
€3.95M▲
2024 · €2.30M
Solvency
73.3%▼
2024 · 81.8%
Current ratio
3.56▼
2024 · 6.17
Quick ratio
3.56▼
2024 · 6.17
Debt / equity
0.36▲
2024 · 0.22
ROE
31.0%▲
2024 · 27.1%
ROA
22.7%▲
2024 · 22.1%
Interest coverage
89.74▲
2024 · 84.30
Debt
€3.66M▲
2024 · €1.55M
Debt ≤ 1 year
€3.46M▲
2024 · €1.21M
Debt > 1 year
€158k▼
2024 · €337k
Income taxes
€787k▲
2024 · €642k
Staff costs
€329▼
2024 · €393
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8.50M€13.73M▲
Fixed assets21/28€1.03M€1.43M▲
Tangible fixed assets22/27€1.00M€1.43M▲
Plant, machinery and equipment23€566k€1.03M▲
Furniture and vehicles24€438k€401k▼
Financial fixed assets28€24k€0▼
Affiliated companies280/1-€0
Participating interests280-€0
Current assets29/58€7.47M€12.30M▲
Amounts receivable after more than one year29€11k€12k▲
Other amounts receivable291€11k€12k▲
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€7.22M€11.98M▲
Trade receivables40€6.88M€11.16M▲
Other amounts receivable41€340k€817k▲
Cash at bank and in hand54/58€81k€268k▲
Deferred charges and accrued income490/1€163k€47k▼
Equity and liabilities
Total equity and liabilities10/49€8.50M€13.73M▲
Equity10/15€6.95M€10.07M▲
Contributions10/11€6k€6k=
Reserves13€6.95M€10.06M▲
Distributable reserves133€6.95M€10.06M▲
Profit (loss) carried forward14€0-
Amounts payable17/49€1.55M€3.66M▲
Amounts payable after more than one year17€337k€158k▼
Financial debts170/4€337k€158k▼
Credit institutions173-€158k
Amounts payable within one year42/48€1.21M€3.46M▲
Current portion of amounts payable after more than one year42€241k€370k▲
Financial debts43-€30k
Credit institutions430/8-€30k
Trade debts44€754k€2.49M▲
Suppliers440/4€754k€2.49M▲
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€217k€569k▲
Taxes450/3€217k€569k▲
Accrued charges and deferred income492/3-€41k
Income statement
Code20242025
Operating income70/76A-€13.84M
Turnover70-€13.51M
Other operating income74-€330k
Operating charges60/66A-€10.75M
Goods for resale, raw materials and consumables60-€8.64M
Purchases600/8-€8.64M
Services and other goods61-€1.24M
Remuneration, social security and pensions62€393€329▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€419k€830k▲
Other operating charges640/8€31k€43k▲
Gross operating margin9900€2.99M-
Operating profit (loss)9901€2.54M€3.09M▲
Financial income75/76B€16k€862k▲
Recurring financial income75€16k€34k▲
Income from current assets751-€34k
Other financial income752/9-€0
Non-recurring financial income76B-€828k
Financial charges65/66B€35k€48k▲
Recurring financial charges65€35k€48k▲
Debt charges650-€44k
Other financial charges652/9-€4k
Profit (loss) for the period before taxes9903€2.52M€3.91M▲
Income taxes67/77€642k€787k▲
Taxes670/3-€787k
Profit (loss) for the period9904€1.88M€3.12M▲
Profit (loss) for the period to be appropriated9905€1.88M€3.12M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.88M€3.12M▲
Profit (loss) brought forward from the previous period14P€12€0▼
Transfer from equity791/2€0-
Transfer to equity691/2€1.88M€3.12M▲
To other reserves6921€1.88M€3.12M▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.10.4▲
The notes to these accounts (44 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Highest result since 2019net €3.12M ▲65.8%
Operating result €3.09M, net result €3.12M, both a record.
30-06
Financial
Equity above €10MEq €10.07M ▲44.9%
7 profitable years in a row build equity to €10.07M.
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €5MEq €5.07M ▲31.1%
5 profitable years in a row build equity to €5.07M.
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Sint-Niklaas · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Europark-Oost 269100 Sint-NiklaasGround area
8,157 m²
Building footprint
2,077 m²
Volume, LiDAR
14,534 m³
Parcel 46442C0428/00G000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
C.V.R.
since 20112.213.195.154
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0428/00G000 | Flanders | 8,157 m² | 1 · 2,077 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MEGAMAX
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Coussée Project
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NEREMAT SERVICES
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Of 667 companies in sector 77320 we hold annual accounts for 492. 127 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2007
Fiscal year end30-06
Activities, NACEBEL
77320Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.