CAVA
ActiveSummary
CAVA has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of €267,603. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 56% of 11,213 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €4.5m
- Profit
- €267,603
- Parent
- RIDO · 99.95%
- CARTON DominiqueDirector
- RIDODirector · permanent representative VAN RENTERGHEM Rik
Why 95raises riskLiquidity: current ratio 0.09, cash €126,300lowers riskSize: total assets €11.7mFigures for financial year 2025 (filed 29-06-2026)Founded in 2006Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, medium-sized): better than 60% on solvency, 36% on liquidity, 75% on profitability and 66% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 7 accounts on average 28 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2018 to 2025net €267,603 ▲43.2%
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 1,887 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97.9% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,887 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €334,062 | €287,159 | €287,159 | €287,159 | €287,159 | €287,159 | €287,159 | €306,745 | ▲ 6.8% |
| Other operating charges640/8 | - | - | - | €44,382 | €45,465 | €49,839 | €51,818 | €53,789 | ▲ 3.8% |
| Gross operating margin9900 | €552,195 | €624,393 | €535,148 | €641,928 | €713,855 | €711,798 | €729,407 | €808,418 | ▲ 10.8% |
| Operating profit (loss)9901 | €177,090 | €295,910 | €203,995 | €310,388 | €381,231 | €374,800 | €390,431 | €447,883 | ▲ 14.7% |
| Financial income75/76B | - | - | - | - | €4,011 | €0 | - | €9 | - |
| Recurring financial income75 | €7,669 | €431 | €0 | - | €4,011 | €0 | - | €9 | - |
| Financial charges65/66B | - | - | - | €181,431 | €166,288 | €156,135 | €144,203 | €135,868 | ▼ 5.8% |
| Recurring financial charges65 | €207,391 | €199,922 | €190,285 | €181,431 | €166,288 | €156,135 | €144,203 | €135,868 | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | -€22,632 | €96,420 | €13,710 | €128,956 | €218,953 | €218,665 | €246,228 | €312,025 | ▲ 26.7% |
| Transfer from deferred taxes780 | - | - | - | €8,405 | €8,405 | €8,405 | €8,405 | €8,405 | = |
| Income taxes67/77 | - | - | - | - | €62,173 | €60,846 | €67,737 | €52,826 | ▼ 22.0% |
| Profit (loss) for the period9904 | -€14,227 | €104,825 | €22,115 | €137,361 | €165,185 | €166,223 | €186,896 | €267,603 | ▲ 43.2% |
| Profit (loss) for the period to be appropriated9905 | -€14,227 | €104,825 | €22,115 | €137,361 | €165,185 | €166,223 | €186,896 | €267,603 | ▲ 43.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €15.5m | €13.1m | €13.0m | €12.4m | €12.2m | €12.0m | €11.6m | €11.7m | ▲ 1.5% |
| Fixed assets21/28 | €13.2m | €12.9m | €12.6m | €12.3m | €12.0m | €11.7m | €11.5m | €11.5m | ▲ 0.5% |
| Tangible fixed assets22/27 | €13.2m | €12.9m | €12.6m | €12.3m | €12.0m | €11.7m | €11.5m | €11.5m | ▲ 0.5% |
| Land and buildings22 | - | - | - | €12.3m | €12.0m | €11.7m | €11.4m | €11.5m | ▲ 0.5% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▼ 11.8% |
| Current assets29/58 | €2.3m | €0.2m | €0.4m | €0.09m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 101% |
| Amounts receivable within one year40/41 | €2.3m | €0.07m | €0.05m | €0.06m | €0.2m | €0.08m | €0.1m | €0.1m | ▲ 4.8% |
| Trade receivables40 | - | - | - | €0.06m | €0.2m | €0.07m | €0.09m | €0.07m | ▼ 26.0% |
| Other amounts receivable41 | - | - | - | €0 | - | €0.009m | €0.01m | €0.04m | ▲ 283% |
| Cash at bank and in hand54/58 | - | €0.2m | €0.3m | €0.03m | €0.01m | €0.1m | €0.01m | €0.1m | ▲ 860% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.006m | €0.006m | €0.006m | €0.007m | ▲ 10.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €15.5m | €13.1m | €13.0m | €12.4m | €12.2m | €12.0m | €11.6m | €11.7m | ▲ 1.5% |
| Equity10/15 | €3.4m | €3.5m | €3.6m | €3.7m | €3.9m | €4.0m | €4.2m | €4.5m | ▲ 6.4% |
| Contributions10/11 | €2.3m | €2.3m | - | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €1.7m | €1.9m | €2.1m | ▲ 14.4% |
| Non-distributable reserves130/1 | - | - | - | €0.2m | €0.2m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.2m | €0.2m | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | - | - | €1.7m | €1.8m | €2.1m | ▲ 14.5% |
| Profit (loss) carried forward14 | €0.8m | €0.9m | €1.0m | €1.1m | €1.3m | €0 | - | - | - |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.2% |
| Deferred taxes168 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.2% |
| Amounts payable17/49 | €11.8m | €9.4m | €9.2m | €8.5m | €8.2m | €7.8m | €7.2m | €7.1m | ▼ 1.2% |
| Amounts payable after more than one year17 | €5.2m | €4.9m | €6.2m | €5.8m | €5.5m | €5.0m | €4.6m | €4.5m | ▼ 3.4% |
| Financial debts170/4 | - | - | - | €4.0m | €3.6m | €3.2m | €2.8m | €2.7m | ▼ 5.6% |
| Other amounts payable178/9 | - | - | - | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Amounts payable within one year42/48 | €6.7m | €4.5m | €2.9m | €2.7m | €2.7m | €2.7m | €2.6m | €2.6m | ▲ 3.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 7.8% |
| Financial debts43 | - | - | - | €0 | - | - | - | €0.03m | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | - | €0.03m | - |
| Trade debts44 | €0.02m | €0.03m | €0.01m | €0.007m | €0.003m | €0.001m | €0.001m | €0.06m | ▲ 42× |
| Suppliers440/4 | - | - | - | €0.007m | €0.003m | €0.001m | €0.001m | €0.06m | ▲ 42× |
| Taxes, remuneration and social security45 | - | - | - | €0 | €0.03m | €0.04m | €0.006m | €0.003m | ▼ 44.9% |
| Taxes450/3 | - | - | - | €0 | €0.03m | €0.04m | €0.006m | €0.003m | ▼ 44.9% |
| Other amounts payable47/48 | - | - | - | €2.3m | €2.3m | €2.3m | €2.1m | €2.1m | ▼ 1.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.008m | €0.01m | €0.009m | €0.009m | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,227 | €104,825 | €22,115 | €137,361 | €165,185 | €166,223 | €186,896 | €267,603 | ▲ 43.2% |
| + Depreciation and write-downs630 | €334,062 | €287,159 | €287,159 | €287,159 | €287,159 | €287,159 | €287,159 | €306,745 | ▲ 6.8% |
| Operating cash flow (approximation) | €319,834 | €391,983 | €309,273 | €424,520 | €452,343 | €453,382 | €474,054 | €574,348 | ▲ 21.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | -€360,292 | - |
| Change in cash | - | - | €151,478 | -€287,963 | -€19,312 | €134,384 | -€130,924 | €113,147 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-06-2026 | 2026-00211109 |
| 31-12-2024 | abbreviated format | 01-07-2025 | 2025-00206107 |
| 31-12-2023 | abbreviated format | 01-07-2024 | 2024-00185640 |
| 31-12-2022 | abbreviated format | 10-07-2023 | 2023-00218938 |
| 31-12-2021 | abbreviated format | 21-06-2022 | 2022-20076188 |
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-42400038 |
| 31-12-2019 | abbreviated format | 22-06-2020 | 2020-18500489 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-61100389 |
| 31-12-2017 | abbreviated format | 16-07-2018 | 2018-34500347 |
| 31-12-2016 | abbreviated format | 12-07-2017 | 2017-31000365 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CARTON Dominique |
|
| RIDO |
|
Owners and capital
Owners
1 ownerOwners 1
- RIDOparentSourceaccounts RIDO 30-09-202599.95%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 25-07-2023 Converted to unavailable equity
- 25-07-2023 Converted to available equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
25-07
Gazette deed
Resignations: CARTON Dominique (manager) and RIDO (manager)Appointments: CARTON Dominique (director) and RIDO (director) · Permanent representative: VAN RENTERGHEM Rik · Legal-form conversion20 facts ▸
- General meeting, 14-07-2023
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital, €2,349,000
- Capital conversion, “onbeschikbaar eigen vermogen” (deed in Dutch)
- Capital conversion, “beschikbaar eigen vermogen” (deed in Dutch)
- Capital
- Registered office clause, “9880 Aalter, Kestelstraat 176” (deed in Dutch)
- Director resignation, CARTON Dominique (manager)
- Director resignation, RIDO (manager)
- Director discharge, CARTON Dominique
- Director discharge, RIDO
- +8 further facts in this act
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44502C0773/00G000 | Flanders | 6,443 m² | 1 · 410 m² | 8.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CAVA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, openbaarmaking door neerlegging verklaring ondertekend door bevoegde orgaan van vertegenwoordiging samen met afschrift ter…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De bestuurders kunnen de uitoefening van een deel van hun bevoegdheid ten titel van bijzondere volmacht opdragen aan een derde aangestelde…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Door haar vast te stellen, bestuursorgaan” (deed in Dutch)“Interne bestuursbevoegdheid, deel bij bijzondere volmacht aan derde aangestelde indien meerdere gezamenlijk te geven” (deed in Dutch)“Enige aandeelhouder als derde kunnen tot bestuurder benoemd worden, indien geen bestuurder benoemd heeft enige aandeelhouder van rechtswege…” (deed in Dutch)“Derde tot bestuurder benoemd zelfs in statuten en zonder beperking van duur kan te allen tijde ontslagen worden door enige aandeelhouder…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht onder levenden van geheel of gedeelte van zijn aandelen, enige aandeelhouder alleen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Rechterlijke beslissing, onverminderd wettelijke bepalingen ter zake” (deed in Dutch)“Voorstel tot ontbinding, verslagen en staat verzonden aan aandeelhouders” (deed in Dutch)“Beslissing tot ontbinding, alleen algemene vergadering volgens artikel 23.2 onverminderd gerechtelijke ontbinding” (deed in Dutch)“Overlijden enige aandeelhouder zonder dat aandelen op gerechtigde overgaan, vennootschap van rechtswege ontbonden” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed