CAVDAR

Active

Private limited companyfounded 1997active for 29 yearsKerkeveldstraat 119, 1020 Brussel, BelgiumKBO/BCE: BE 0460.770.190

Summary

CAVDAR has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137,889 and a net result of €22,135. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 17% of 2,434 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow Report Compare

CAVDARActiveChecked score 69/100

Risk analysis Report Compare

Activity

General electrical installation work

NACE 43211

1 site

Size

€1.8mturnover 2025

Staff: 24.3 FTE
Equity: €137,889
Profit: €22,135

Financial health

69 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.6%

Structure

2025 accounts 46 days early1 of 8 deeds summarised

Why 69raises riskSector: Specialised construction activities (NACE 43)1 of the last 3 latelowers riskSize: turnover €1.8m, total assets €813,212Founded in 1997Show the evidence

Checked score

Score 2025

69 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 30% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 42+1

equity 17.0% of total assets

Liquidity 14+4

short-term debt 76.7% · cash 4.3%

Profitability 41-20

return on assets 2.7%

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.7%▼ -0.5 percentage points vs 09-2025 11-2025: 0.8%▲ +0.1 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026 07-2026: 0.6%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value

Credit of up to €9,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.27, compared with 1.22 in 2024, below the usual 1.5; short-term debt: 76.7% and cash: 4.3% of total assets), and 83% 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 43, micro): better than 19% on solvency, 8% on liquidity, 20% on profitability and 73% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.

lowers riskraises riskneutral

Size: turnover €1.8m, total assets €813,212

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

1 of the last 3 late

NBB · filings

Founded in 1997

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2434 sector peers (2025).

NBB · sector comparison

Position among 2434 sector peers

Solvency

better than 17%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

46 days early

2024

37 days late

2023

30 days late

2022

16 days late

2021

166 days late

2020

17 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 25 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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 31 August (4 of the last 5 filed years within 77 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-06-2026 Annual accounts filedfinancial year 2025 · full…
15-04-2026 Resignation: TEMIZ Tahir (manager)Appointment: TEMIZ Tahir (director) ·…
06-09-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Caution: Among the weakest 18% on solvencysector median 42.5% · 2,434 companies 17.0% View
Positive: 8 profitable years in a rowprofit 2025: €22,135 8 years View
Positive: Turnover rose in 2025from €1.4m to €1.8m ▲ 29.5% View
A director leftlatest change 15-04-2026 · 0 in office 1 left View

By topic

Financials

Financial year: 2025
Turnover: €1.8m
Profit: €22,135
Solvency: 17.0%

Turnover▲ 29.5%

Net result

20182025

Go to Financials

Timeline

Events: 33
Since: 1998
Next accounts: by 31-07-2027

31-12-2024Highest result from 2018 to 2025
31-12-2024Equity above €100,000
30-08-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General electrical installation workNACE 43211
Founded: 02-06-1997
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 26

Who signs: Each director alone
Annual meeting: Last Friday of May at 18:00
Purpose: “L’importation, l’exportation, le courtage, la vente et l’achat, en gros ou au détail, la…” (deed in French)

Go to Articles of association

Key facts about CAVDAR

What is the company number of CAVDAR?: 0460.770.190. In Belgium the VAT number is the company number with BE in front: BE 0460.770.190.
Where is CAVDAR based?: The registered office is at Kerkeveldstraat 119, 1020 Brussel.Company details
What does CAVDAR do?: According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of CAVDAR?: Private limited company (BV).
When was CAVDAR founded?: On 02-06-1997.
Is CAVDAR still active?: Yes, CAVDAR is an active enterprise in the KBO register.
How many employees does CAVDAR have?: On average 24.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CAVDAR?: €1.8m in financial year 2025, according to the filed annual accounts.
Is CAVDAR profitable?: In financial year 2025, CAVDAR made a profit of €22,135.
Where can I find the annual accounts of CAVDAR?: CAVDAR filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CAVDAR due?: By 31-07-2027, for financial year 2026.Timeline