CARVA
ActiveCARVA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208k and a net result of €129k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
64
/ 100
Healthy▲ +20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+80
Solvency54▲+46
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.04 in 2024), and 57.6% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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
42.4%
Return on assets
26.3%
Age of the figures
14 mo
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 25-01-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 d early
2024
10 d early
2023
21 d early
2022
35 d early
2021
on the day
2020
38 d early
2019
11 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 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€208k▲ 163%
2024 · €79k
2019: €39k
2020: €52k
2021: €58k
2022: €107k
2023: €76k
2024: €79k
2019 → 2025
Total assets
€491k▼ 28.3%
2024 · €684k
2019: €389k
2020: €407k
2021: €772k
2022: €745k
2023: €698k
2024: €684k
2019 → 2025
Net result
€129k▲ 4,068%
2024 · €3k
2019: €-14k
2020: €22k
2021: €6k
2022: €49k
2023: €-31k
2024: €3k
2019 → 2025
Working capital
€-117k▲ 63.1%
2024 · €-317k
2019: €-90k
2020: €-98k
2021: €-170k
2022: €-190k
2023: €-272k
2024: €-317k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€107k▲ 85.1%€76k▼ 29.2%€79k▲ 4.1%€208k▲ 163%
Operating result€14k-€76k▲ 430%€-23k€10k€173k▲ 1,588%
Net result€6k-€49k▲ 682%€-31k€3k€129k▲ 4,068%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,588% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €491k
Fixed assets
€362k▼ 46.1%
Current assets
€129k▲ 895%
Equity and liabilities €491k
Equity
€208k▲ 163%
Debt
€283k▼ 53.3%
The debt ratio falls from 88.5% to 57.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€184k▲
2024 · €29k
Cash flow
€140k▲
2024 · €22k
Solvency
42.4%▲
2024 · 11.5%
Current ratio
0.52▲
2024 · 0.04
Quick ratio
0.52▲
2024 · 0.04
Debt / equity
1.36▼
2024 · 7.66
ROE
62.0%▲
2024 · 3.9%
ROA
26.3%▲
2024 · 0.5%
Interest coverage
25.71▲
2024 · 4.05
Debt
€283k▼
2024 · €605k
Debt ≤ 1 year
€246k▼
2024 · €330k
Debt > 1 year
€36k▼
2024 · €275k
Income taxes
€37k▲
2024 · €59
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€684k€491k▼
Fixed assets21/28€672k€362k▼
Tangible fixed assets22/27€672k€362k▼
Land and buildings22€669k€360k▼
Plant, machinery and equipment23€977€693▼
Furniture and vehicles24€1k€514▼
Current assets29/58€13k€129k▲
Amounts receivable within one year40/41€630€7k▲
Trade receivables40-€5k
Other amounts receivable41€630€3k▲
Cash at bank and in hand54/58€11k€121k▲
Deferred charges and accrued income490/1€1k€964▼
Equity and liabilities
Total equity and liabilities10/49€684k€491k▼
Equity10/15€79k€208k▲
Contributions10/11€19k€19k=
Reserves13€60k€189k▲
Distributable reserves133€60k€189k▲
Amounts payable17/49€605k€283k▼
Amounts payable after more than one year17€275k€36k▼
Financial debts170/4€275k€36k▼
Amounts payable within one year42/48€330k€246k▼
Current portion of amounts payable after more than one year42€67k€35k▼
Trade debts44€495€10k▲
Suppliers440/4€495€10k▲
Taxes, remuneration and social security45€2k€40k▲
Taxes450/3€2k€40k▲
Other amounts payable47/48€261k€160k▼
Income statement
Code20242025
Non-recurring operating income76A€11k€159k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€11k▼
Other operating charges640/8€4k€6k▲
Gross operating margin9900€32k€190k▲
Operating profit (loss)9901€10k€173k▲
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€3k€166k▲
Income taxes67/77€59€37k▲
Profit (loss) for the period9904€3k€129k▲
Profit (loss) for the period to be appropriated9905€3k€129k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€129k▲
Transfer to equity691/2€3k€129k▲
To other reserves6921€3k€129k▲
The notes to these accounts (7 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
25-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €129k ▲4068%
Operating result €173k, net result €129k, both a record.
30-06
Financial
Equity above €200kEq €208k ▲163%
2 profitable years in a row build equity to €208k.
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-31k ▼164%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Equity above €100kEq €107k ▲85.1%
3 profitable years in a row build equity to €107k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
24-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kapellen · 1 establishment unit since 2006
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.
Dorpsplein 52950 KapellenGround area
4,761 m²
Building footprint
1,202 m²
Volume, LiDAR
13,768 m³
Parcel 11902F0132/00A010, Flanders · tallest building 18.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Dorpsplein 5, 2950 Kapellen
since 20062.152.410.895
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11902F0132/00A010 | Flanders | 4,761 m² | 1 · 1,202 m² | 18.5 m · 4 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.
Similar companies · same sector, comparable size
P.H. FINANCE
BE 0863.636.827
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PTOLEMUS
BE 0820.589.316
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EUREKA - INSPIRING INNOVATION
BE 0525.799.980
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Florence Aulit Management
BE 0802.923.042
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In-Vest
BE 0736.959.082
Wingene · Eq €208k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 39,581 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-03-2006
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.