CAVACO
ActiveCAVACO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €74k and a net result of €-4k. Equity is shrinking by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability13▲+6
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity ample (current ratio 5.54 against 4.98 in 2023; short-term debt: 16% and cash: 40.9% of total assets), and 16% 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 · 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84%
Return on assets
-4.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
1819222324
2018 to 2024 · latest year €-4k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
118 d late
2023
321 d late
2022
270 d late
2019
22 d early
2018
5 d early
2017
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€74k▼ 5.3%
2023 · €78k
2018: €151k
2019: €144k
2022: €86k
2023: €78k
2018 → 2024
Total assets
€88k▼ 7.0%
2023 · €94k
2018: €215k
2019: €170k
2022: €90k
2023: €94k
2018 → 2024
Net result
€-4k▲ 53.2%
2023 · €-9k
2018: €20k
2019: €-7k
2022: €-5k
2023: €-9k
2018 → 2024
Working capital
€64k▼ 3.3%
2023 · €66k
2018: €110k
2019: €114k
2022: €76k
2023: €66k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202220232024Trend
Equity€151k-€144k▼ 4.9%€86k▼ 39.8%€78k▼ 10.1%€74k▼ 5.3%
Operating result€29k-€-9k€-5k▲ 49.6%€-8k▼ 84.3%€-4k▲ 52.6%
Net result€20k-€-7k€-5k▲ 34.2%€-9k▼ 80.3%€-4k▲ 53.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €8k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88k
Fixed assets
€10k▼ 16.4%
Current assets
€78k▼ 5.7%
Equity and liabilities €88k
Equity
€74k▼ 5.3%
Debt
€14k▼ 15.2%
The debt ratio falls from 17.6% to 16.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▲
2023 · €-6k
Cash flow
€-2k▲
2023 · €-7k
Solvency
84.0%▲
2023 · 82.4%
Current ratio
5.54▲
2023 · 4.98
Quick ratio
3.43▲
2023 · 3.14
Debt / equity
0.19▼
2023 · 0.21
ROE
-5.6%▲
2023 · -11.3%
ROA
-4.7%▲
2023 · -9.3%
Interest coverage
-7.34▲
2023 · -17.28
Debt
€14k▼
2023 · €17k
Debt ≤ 1 year
€14k▼
2023 · €17k
Income taxes
€-36
Staff costs
€12k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€94k€88k▼
Fixed assets21/28€12k€10k▼
Tangible fixed assets22/27€8k€6k▼
Land and buildings22€5k€3k▼
Plant, machinery and equipment23€1k€942▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€4k€4k=
Current assets29/58€82k€78k▼
Stocks and contracts in progress3€30k€30k▼
Stocks30/36€30k€30k▼
Amounts receivable within one year40/41€18k€11k▼
Trade receivables40€6k€1k▼
Other amounts receivable41€12k€10k▼
Cash at bank and in hand54/58€33k€36k▲
Deferred charges and accrued income490/1€435€1k▲
Equity and liabilities
Total equity and liabilities10/49€94k€88k▼
Equity10/15€78k€74k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€59k€55k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€57k€53k▼
Amounts payable17/49€17k€14k▼
Amounts payable within one year42/48€17k€14k▼
Trade debts44€7k€7k▲
Suppliers440/4€7k€7k▲
Taxes, remuneration and social security45€10k€7k▼
Taxes450/3€10k€7k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€12k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€13k€15k▲
Gross operating margin9900€6k€25k▲
Operating profit (loss)9901€-8k€-4k▲
Financial income75/76B€5€120▲
Recurring financial income75€5€120▲
Financial charges65/66B€374€277▼
Recurring financial charges65€374€277▼
Profit (loss) for the period before taxes9903€-9k€-4k▲
Income taxes67/77-€-36
Profit (loss) for the period9904€-9k€-4k▲
Profit (loss) for the period to be appropriated9905€-9k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-4k▲
Transfer from equity791/2€9k€4k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 118 days late
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 321 days late
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 270 days late
2023
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2022
31-12
Financial
Liquidity quadruplescurrent ratio 20.99
Current ratio from 5.33 to 20.99; short-term debt falls from €26k to €4k.
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
02-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ranst · 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.
Oudstrijdersstraat 92520 RanstGround area
181 m²
Building footprint
162 m²
Volume, LiDAR
1,122 m³
2 parcels, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CAVACO
since 20062.152.261.041
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031A0500/00K000 | Flanders | 137 m² | 1 · 115 m² | 6.4 m · 2 fl. |
| 11804D0196/00C000 | Flanders | 44 m² | 1 · 46 m² | 15.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.152.261.041
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GRYSON
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Of 1,581 companies in sector 46349 we hold annual accounts for 987. 660 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-03-2006
Fiscal year end31-12
Activities, NACEBEL
46349Wholesale of beverages, general range
51340
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.