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çavaria

Active
Non-profit associationfounded 1975active for 50 yearsKammerstraat 22, 9000 Gent, BelgiumKBO/BCE: BE 0415.652.423
Summary

çavaria has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.9m and a net result of -€259,172. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 80% of 742 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Other membership organisations
NACE 94999
4th fastest staff growth in Ghent, Other services sector1 site
Size
€5.5mtotal assets 2025
Staff
22.9 FTE
Equity
€4.9m
Deficit
-€259,172
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
21 members
Accounts 50 days early5 of 24 deeds read
Why 95raises riskLoss of €259,172 (financial year 2025)lowers riskLegal form: non-profit associationSector: Activities of membership organisations (NACE 94)Equity €4.9m (89.6% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 94, small)
Financial strength · tick = 2024
Average
Solvency 100+5
equity 89.6% of total assets
Liquidity 61+13
short-term debt 3.9% · cash 8.5%
Profitability 13-69
return on assets -4.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (510 companies, NACE 94, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged 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 09-2025 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: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €460,000 on 30-day terms is acceptable
Liquidity ample (current ratio 25.25, compared with 4.26 in 2024, above the usual 1.5; short-term debt: 3.9% and cash: 8.5% of total assets), and 10.4% of the assets are financed with debt and provisions.
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 94, small): better than 85% on solvency, 31% on liquidity, 14% on profitability and 99% on growth.

The bankruptcy probability was computed on 16-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Activities of membership organisations (NACE 94)
KBO
raises risk · Loss of €259,172 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €4.9m (89.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 days early
2024
77 days early
2023
29 days early
2022
32 days early
2021
24 days early
2020
8 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days before the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Dzjamaldaeva Chava Khamidovna (director)Appointment: Moore Rachael Agnes M…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignations: De Baerdemaeker Fleur, Beckers Henri…Reappointments: Gilis Steven, Van Winghe…

Key points

  • Caution: From profit to loss in 2025after €121,018 in 2024 -€259,172 View
  • Caution: Among the weakest 8% on net resultsector median €13,018 · 746 companies -€259,172 View
  • Board changedlatest change 11-05-2026 · 21 in office 11 joined · 10 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €5.5m View
  • Active since 1975founded 06-12-1975 50 years View

By topic

Financials

Financial year
2025
Total assets
€5.5m
Loss
-€259,172
Solvency
89.6%
Turnover▲ 34.0%
Net result
20182021
Go to Financials

Board & ownership

Board
21 members
  • Chava Khamidovna DzjamaldaevaDirector
  • Moore Rachael Agnes MDirector
  • De Bolle Daneels Elio August HDirector
  • Decan Lozano ManolitoDirector
  • Groenendaal MontanaDirector

and 16 other directors

Go to Board & ownership

Timeline

Events
32
Since
2007
Next accounts
by 31-07-2027
  1. 06-05-2026Amendment of the articles
  2. 31-12-2025Weakest financial year
  3. 31-12-2025Liquidity more than 5 times
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Other membership organisationsNACE 94999
Founded
06-12-1975
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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