CAUWELIER & C°
ActiveCAUWELIER & C° has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320k and a net result of €15k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 15% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▲+14
Solvency39▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.26 in 2024; short-term debt: 65.6% and cash: 3.1% of total assets), and 86.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
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
13.6%
Return on assets
0.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7760 sector peers (2025).
NBB · sector comparisonPosition among 7760 sector peers
Solvency
better than 15%
← weakest
strongest →
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 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
3 d late
2023
41 d early
2022
on the day
2021
14 d early
2020
2 d early
2018
1 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 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€320k▲ 5.0%
2024 · €304k
2018: €213k
2020: €251k
2021: €290k
2022: €307k
2023: €311k
2024: €304k
2018 → 2025
Total assets
€2.34M▼ 36.5%
2024 · €3.69M
2018: €1.52M
2020: €1.66M
2021: €2.11M
2022: €2.54M
2023: €2.28M
2024: €3.69M
2018 → 2025
Net result
€15k
2024 · €-7k
2018: €-9k
2020: €38k
2021: €39k
2022: €17k
2023: €4k
2024: €-7k
2018 → 2025
Working capital
€167k▼ 72.7%
2024 · €612k
2018: €132k
2020: €4k
2021: €91k
2022: €201k
2023: €41k
2024: €612k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€290k-€307k▲ 5.8%€311k▲ 1.4%€304k▼ 2.1%€320k▲ 5.0%
Operating result€70k-€62k▼ 11.8%€72k▲ 16.3%€95k▲ 32.7%€67k▼ 29.4%
Net result€39k-€17k▼ 56.8%€4k▼ 74.7%€-7k€15k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.34M
Fixed assets
€638k▼ 10.3%
Current assets
€1.70M▼ 42.8%
Equity and liabilities €2.34M
Equity
€320k▲ 5.0%
Debt
€2.02M▼ 40.3%
The debt ratio falls from 91.8% to 86.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€262k▼
2024 · €345k
Cash flow
€210k▼
2024 · €243k
Solvency
13.6%▲
2024 · 8.2%
Current ratio
1.11▼
2024 · 1.26
Quick ratio
0.76▼
2024 · 1.09
Debt / equity
6.33▼
2024 · 11.12
ROE
4.8%▲
2024 · -2.2%
ROA
0.7%▲
2024 · -0.2%
Interest coverage
4.92▲
2024 · 3.42
Debt
€2.02M▼
2024 · €3.38M
Debt ≤ 1 year
€1.54M▼
2024 · €2.37M
Debt > 1 year
€472k▼
2024 · €513k
Income taxes
€18k▲
2024 · €3k
Staff costs
€1.72M▲
2024 · €1.63M
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€3.69M€2.34M▼
Fixed assets21/28€711k€638k▼
Intangible fixed assets21€728€28k▲
Tangible fixed assets22/27€710k€609k▼
Land and buildings22€27k€54k▲
Plant, machinery and equipment23€50k€62k▲
Furniture and vehicles24€151k€124k▼
Leasing and similar rights25€373k€273k▼
Other tangible fixed assets26€110k€96k▼
Current assets29/58€2.98M€1.70M▼
Stocks and contracts in progress3€395k€532k▲
Stocks30/36€314k€323k▲
Contracts in progress37€81k€209k▲
Amounts receivable within one year40/41€2.38M€1.06M▼
Trade receivables40€2.14M€954k▼
Other amounts receivable41€235k€106k▼
Cash at bank and in hand54/58€188k€73k▼
Deferred charges and accrued income490/1€16k€39k▲
Equity and liabilities
Total equity and liabilities10/49€3.69M€2.34M▼
Equity10/15€304k€320k▲
Contributions10/11€150k€150k=
Reserves13€154k€170k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€39k€39k=
Distributable reserves133€114k€129k▲
Amounts payable17/49€3.38M€2.02M▼
Amounts payable after more than one year17€513k€472k▼
Financial debts170/4€513k€472k▼
Amounts payable within one year42/48€2.37M€1.54M▼
Current portion of amounts payable after more than one year42€176k€208k▲
Financial debts43€575k€402k▼
Credit institutions430/8€375k€402k▲
Other loans439€200k€0▼
Trade debts44€1.35M€564k▼
Suppliers440/4€1.35M€564k▼
Taxes, remuneration and social security45€197k€189k▼
Taxes450/3€9k€30k▲
Remuneration and social security454/9€189k€160k▼
Other amounts payable47/48€68k€173k▲
Accrued charges and deferred income492/3€506k€13k▼
Income statement
Code20242025
Non-recurring operating income76A€1k€21k▲
Remuneration, social security and pensions62€1.63M€1.72M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€250k€195k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-14k€0▲
Other operating charges640/8€67k€39k▼
Non-recurring operating charges66A€28k€2k▼
Gross operating margin9900€2.06M€2.02M▼
Operating profit (loss)9901€95k€67k▼
Financial income75/76B€2k€19k▲
Recurring financial income75€2k€19k▲
Financial charges65/66B€101k€53k▼
Recurring financial charges65€101k€53k▼
Profit (loss) for the period before taxes9903€-4k€33k▲
Income taxes67/77€3k€18k▲
Profit (loss) for the period9904€-7k€15k▲
Profit (loss) for the period to be appropriated9905€-7k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€15k▲
Transfer from equity791/2€7k€0▼
Transfer to equity691/2€0€15k▲
To other reserves6921€0€15k▲
Social balance
Average headcount (FTE)908724.026.1▲
The notes to these accounts (23 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2018net €39k ▲1.1%
Net result €39k, the highest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Staden · 4 establishment units since 1993
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.
Grote Veldstraat(STA) 808840 StadenGround area
6.5 ha
Building footprint
1.1 ha
Volume, LiDAR
60,795 m³
4 parcels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
CAUWELIER -MOSMONSTER
since 19932.063.817.827
CAUWELIER -MOSMONSTER
since 20192.306.639.115
CAUWELIER -MOSMONSTER
since 20212.319.942.466
CAUWELIER -MOSMONSTER
since 20212.319.942.565
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0077/00M000 | Flanders | 5.2 ha | 1 · 5,358 m² | 11.5 m · 3 fl. |
| 44062A0081/00T000 | Flanders | 6,539 m² | 1 · 3,397 m² | - |
| 36505A0190/00N000 | Flanders | 4,982 m² | 1 · 1,659 m² | 9.9 m · 3 fl. |
| 36019A1050/00V000 | Flanders | 813 m² | 1 · 207 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 109,237 EUR awarded · 83,178 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 5,839 EUR | 3,666 EUR |
| 2024 | 2 | 3,897 EUR | 28,510 EUR |
| 2023 | 4 | 89,418 EUR | 48,450 EUR |
| 2022 | 2 | 10,083 EUR | 2,552 EUR |
Schemes
O&O-haalbaarheidsstudie
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Werkbaarheidscheque (stopgezet)
Recognitions · licences · registrations
Recognised contractor
5 categoriesCAUWELIER & C° BV41196
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VAN DER BAAN MONTAGE
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Of 11,137 companies in sector 43910 we hold annual accounts for 5,487. 4,111 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-1993
Fiscal year end30-06
Activities, NACEBEL
43410Roofing work
43910Bricklaying and masonry work
45220
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 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.