Result
-€33,830 -€33,830
From profit to loss in 2025, after a profit of €205,288 in 2024.
CAVAHOLD
Lifetime
19 annual accounts with figures on one time axispeak €2.6m (2019)
€272,241▲ 109%
lowest -€8.7m (2014)
-€33,830▼ €239,118
peak €35.0m (2024)
€34.9m▼ 0.2%
€24.9m▲ 52.3%
peak 0 FTE (2017)
0 FTE
Board1 name since 2013
1 directorCaroline VANBIERVLIET
Owners
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Gross margin from €130,012 to €272,241Loss of €33,830Algemene Vergadering - Boekjaar 06-10Debts from €16.3m to €24.9mCash from €660,041 to €1.5m
Key points
from the 2025 annual accountsTurnover
≈ €480,000 estimated
The abbreviated format states no turnover.
Debts
€24.9m ▲ 52.3%
Debts rose by €8.6m in 2025.
Filings
19 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Group
23 companies controlled
Heads a group.
Position in the sector
€34.9m
More equity than 95% of companies in real estate. Sector median €300,201 · 11,304 companies.
Checked score
89
Excellent
Financially stronger than 43% of large companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 317 companies (NACE 68, large).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%▼ -0.3 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%▲ +0.1 percentage points vs 04-2026
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.6%▲ +0.2 percentage points vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.8%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.2%▼ -0.6 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 61 days late; 2 of the last 3 accounts late
Liquidity: current ratio 0.76, cash €1.5m
lowers risk
Size: total assets €59.8m
Figures for financial year 2025 (filed on 01-10-2026)
Calculation
The band follows from the bankruptcy probability. 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, large). It does better than 73% of them on solvency, 20% on liquidity and 35% on profitability.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €3,100,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.76 (1.01 in 2024), below 1. Short-term debt is 41% and cash 2.6% of total assets. 41.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
15 days late
2023
55 days late
2022
2 days early
2021
30 days early
2020
14 days early
2019
44 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0886325622
Algemene Vergadering - Boekjaar
General meeting of 29-09-2025 · Gazette deed
Reappointment: Caroline VANBIERVLIET (statutory director)
Director discharge: Caroline VANBIERVLIET · General meeting of 30-01-2024 · Gazette deed
First establishment
Deken Degryselaan 23, Kortrijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CAVAHOLD Kortrijk | €59.8m | €0.3m | 58.4% | 0 |
| Ooms & Partners Antwerp | €40.4m | €0.4m | 21.5% | 0 |
| UTB INVESTMENTS Knokke-Heist | €16.0m | €0.2m | -31.6% | 0 |
| GLOBAL LIFE 4 Oostkamp | €33.1m | €1.3m | 14.0% | 0 |
| TROONBEECKX BEHEER BERINGEN Beringen | €16.5m | €0.2m | 58.8% | 0 |
| GML ESTATE Nazareth-De Pinte | €45.0m | €1.1m | 31.0% | 0 |
| CASELIA DEVELOPMENT Saint-Georges-sur-Meuse | €16.4m | €0.5m | 6.1% | 0 |
These companies have the same main activity as CAVAHOLD: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €16m and €45m, founded between 1990 and 2016.
Official details
Source: KBO- Status
- Active since 11-01-2007Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.160.986.9828500 Kortrijk, since 01-04-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Companies linked to CAVAHOLD
Subsidiaries and holdings
- BC Luiker100%
- BC1100%
- Be Yourself Participaties100%
- BIVERMA100%
- ENTOFACT100%
- FABRICE INTERNATIONAL100%
- Gifar100%
- MARMAD100%
Insights on CAVAHOLD
CAVAHOLD files the abbreviated format. That format states no turnover. The gross margin rose from -€141 in 2009 to €272,241 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CAVAHOLD
- What is the company number of CAVAHOLD?
- The company number of CAVAHOLD is 0886.325.622. The VAT number is the same number with BE in front: BE 0886.325.622.
- Where is CAVAHOLD based?
- The registered office is at Deken Degryselaan 23, 8500 Kortrijk.Company details
- What does CAVAHOLD do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of CAVAHOLD?
- CAVAHOLD is a private limited company (BV).
- When was CAVAHOLD founded?
- CAVAHOLD was founded on 11-01-2007.
- Is CAVAHOLD still active?
- Yes, CAVAHOLD is an active enterprise in the KBO register.
- What is the turnover of CAVAHOLD?
- The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €272,241 and 40 comparable companies (NACE 681). It probably lies between €360,000 and €790,000.Financials
- Is CAVAHOLD profitable?
- In financial year 2025, CAVAHOLD made a loss of €33,830.
- Where can I find the annual accounts of CAVAHOLD?
- CAVAHOLD filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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