CAVALLINI
ActiveCAVALLINI has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €489k and a net result of €4k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 15% of 1731 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-1
Solvency38=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.61 in 2024; short-term debt: 66.1% and cash: 0.7% of total assets), and 87.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
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
12.6%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1731 sector peers (2025).
NBB · sector comparisonPosition among 1731 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
13 d early
2023
1 d early
2022
1 d late
2021
11 d late
2020
23 d late
2019
18 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€489k▲ 0.8%
2024 · €486k
2018: €194k
2019: €230k
2020: €239k
2021: €408k
2022: €436k
2023: €461k
2024: €486k
2018 → 2025
Total assets
€3.90M▲ 1.6%
2024 · €3.84M
2018: €796k
2019: €752k
2020: €808k
2021: €2.12M
2022: €2.22M
2023: €3.60M
2024: €3.84M
2018 → 2025
Net result
€4k▼ 84.6%
2024 · €25k
2018: €49k
2019: €36k
2020: €9k
2021: €170k
2022: €28k
2023: €25k
2024: €25k
2018 → 2025
Working capital
€-1.06M▼ 8.0%
2024 · €-985k
2018: €-89k
2019: €-24k
2020: €25k
2021: €-67k
2022: €-27k
2023: €-1.12M
2024: €-985k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€408k-€436k▲ 6.7%€461k▲ 5.7%€486k▲ 5.4%€489k▲ 0.8%
Operating result€174k-€40k▼ 77.1%€49k▲ 22.6%€38k▼ 22.8%€14k▼ 62.5%
Net result€170k-€28k▼ 83.8%€25k▼ 9.0%€25k▼ 0.5%€4k▼ 84.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 62% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.90M
Fixed assets
€2.39M▲ 3.3%
Current assets
€1.51M▼ 1.0%
Equity and liabilities €3.90M
Equity
€489k▲ 0.8%
Debt
€3.41M▲ 1.7%
The debt ratio rises from 87.3% to 87.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€162k▼
2024 · €218k
Cash flow
€152k▼
2024 · €206k
Solvency
12.6%▼
2024 · 12.7%
Current ratio
0.59▼
2024 · 0.61
Quick ratio
0.02▼
2024 · 0.04
Debt / equity
6.96▲
2024 · 6.90
ROE
0.8%▼
2024 · 5.1%
ROA
0.1%▼
2024 · 0.6%
Interest coverage
15.72▼
2024 · 21.41
Debt
€3.41M▲
2024 · €3.35M
Debt ≤ 1 year
€2.57M▲
2024 · €2.51M
Debt > 1 year
€833k=
2024 · €833k
Staff costs
€32k▼
2024 · €44k
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€3.84M€3.90M▲
Fixed assets21/28€2.31M€2.39M▲
Tangible fixed assets22/27€2.31M€2.39M▲
Land and buildings22€2.13M€2.15M▲
Plant, machinery and equipment23€160k€230k▲
Furniture and vehicles24€20k€11k▼
Current assets29/58€1.53M€1.51M▼
Stocks and contracts in progress3€1.43M€1.45M▲
Stocks30/36€1.43M€1.45M▲
Amounts receivable within one year40/41€65k€27k▼
Trade receivables40€63k€24k▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€21k€27k▲
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€3.84M€3.90M▲
Equity10/15€486k€489k▲
Contributions10/11€362k€362k=
Reserves13€124k€124k=
Tax-exempt reserves132€75k€75k=
Distributable reserves133€49k€49k=
Profit (loss) carried forward14-€4k
Amounts payable17/49€3.35M€3.41M▲
Amounts payable after more than one year17€833k€833k=
Financial debts170/4€833k€833k=
Amounts payable within one year42/48€2.51M€2.57M▲
Trade debts44€161k€190k▲
Suppliers440/4€161k€190k▲
Taxes, remuneration and social security45€27k€21k▼
Taxes450/3€21k€18k▼
Remuneration and social security454/9€6k€3k▼
Other amounts payable47/48€2.32M€2.36M▲
Accrued charges and deferred income492/3€7k-
Income statement
Code20242025
Non-recurring operating income76A-€105k
Remuneration, social security and pensions62€44k€32k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€181k€148k▼
Other operating charges640/8€31k€30k▼
Non-recurring operating charges66A-€155
Gross operating margin9900€293k€224k▼
Operating profit (loss)9901€38k€14k▼
Financial income75/76B-€11
Recurring financial income75-€11
Financial charges65/66B€10k€10k▲
Recurring financial charges65€10k€10k▲
Profit (loss) for the period before taxes9903€27k€4k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€25k€4k▼
Profit (loss) for the period to be appropriated9905€25k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€4k▼
Transfer to equity691/2€25k-
To other reserves6921€25k-
Social balance
Average headcount (FTE)90871.11.1=
The notes to these accounts (13 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €4k ▼84.6%
Net result drops to €4k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
31-12
Financial
Highest result since 2018net €170k ▲1816%
Operating result €174k, net result €170k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
31-12
Financial
Equity above €200kEq €230k ▲18.6%
2 profitable years in a row build equity to €230k.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
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, Laakdal · 1 establishment unit since 2002
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.
Tessenderloseweg 1622431 LaakdalGround area
1,137 m²
Parcel 13042B0253/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
Tessenderloseweg 162, 2431 Laakdal
since 20022.101.697.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13042B0253/00G000 | Flanders | 1,137 m² | - | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLaakdal2.101.697.317
Dual-learning approval
2 live approvals · 1 endedHippisch assistent duaal (so)
Paardenhouderij duaal (so)
Similar companies · same sector, comparable size
STUDFARM OVERIS
BE 0414.861.872
Peer · Eq €492k
AT REINING DREAM
BE 0691.881.895
Genappe · Eq €492k
OUD STEENOVEN
BE 0463.807.280
Beernem · Eq €487k
METTA
BE 0823.923.245
Lokeren · Eq €483k
TKX EQUISERVICES
BE 0537.426.124
Bree · Eq €480k
Of 1,957 companies in sector 01430 we hold annual accounts for 743. 457 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-2001
Fiscal year end31-12
Activities, NACEBEL
01220
01430Raising of horses and other equines
46130Agents in the wholesale of timber and building materials
46630Wholesale trade
46872Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.