CAVIM
ActiveSummary
CAVIM has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €-3k. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-14
Solvency33▼-8
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.2 in 2024; short-term debt: 7.3% and cash: 3.3% of total assets), and 92.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
7.9%
Return on assets
-0.9%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
17 d early
2024
82 d late
2023
131 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
Total assets
€369k▲ 83.2%
2024 · €201k
2023: €184klowest in 3 years
2024: €201k▲ +9.7% vs 2023
2025: €369k▲ +83.2% vs 2024highest in 3 years
2023 → 2025
Net result
€-3k
2024 · €21k
2023: €3k
2024: €21k▲ +732% vs 2023highest in 3 years
2025: €-3k▼ -115% vs 2024lowest in 3 years
2023 → 2025
Working capital
€5k▲ 40.2%
2024 · €4k
2023: €-11klowest in 3 years
2024: €4k▲ +134% vs 2023
2025: €5k▲ +40.2% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€0
Equity€11k-€32k▲ 202%€29k▼ 9.8%
2023: €11klowest in 3 years
2024: €32k▲ +202% vs 2023highest in 3 years
2025: €29k▼ -9.8% vs 2024
Operating result€3k-€22k▲ 720%€6k▼ 71.3%
2023: €3klowest in 3 years
2024: €22k▲ +720% vs 2023highest in 3 years
2025: €6k▼ -71.3% vs 2024
Net result€3k-€21k▲ 732%€-3k
2023: €3k
2024: €21k▲ +732% vs 2023highest in 3 years
2025: €-3k▼ -115% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €369k
Fixed assets
€336k ▲ 88.3%
Current assets
€32k ▲ 42.3%
Equity and liabilities €369k
Equity
€29k ▼ 9.8%
Debt
€340k ▲ 101%
Debt's share of the balance-sheet total rises from 84.0% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22k▼
2024 · €32k
Cash flow
€13k▼
2024 · €32k
Current ratio
1.20▼
2024 · 1.20
Debt to equity
11.72▲
2024 · 5.26
ROE
-10.9%▼
2024 · 66.9%
ROA
-0.9%▼
2024 · 10.7%
Interest coverage
6.59▼
2024 · 473.94
Debt ≤ 1 year
€27k▲
2024 · €19k
Debt > 1 year
€313k▲
2024 · €150k
Income taxes
€6k
Staff costs
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€201k€369k▲
Fixed assets21/28€179k€336k▲
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€176k€334k▲
Land and buildings22€173k€331k▲
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€500€500=
Current assets29/58€23k€32k▲
Amounts receivable within one year40/41€1k€20k▲
Trade receivables40€1k€20k▲
Other amounts receivable41-€0
Cash at bank and in hand54/58€20k€12k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€201k€369k▲
Equity10/15€32k€29k▼
Contributions10/11€20k€20k=
Outside capital11€20k-
Other1109/19€20k-
Profit (loss) carried forward14€12k€9k▼
Amounts payable17/49€169k€340k▲
Amounts payable after more than one year17€150k€313k▲
Financial debts170/4€150k€313k▲
Amounts payable within one year42/48€19k€27k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€18k€21k▲
Suppliers440/4€18k€21k▲
Taxes, remuneration and social security45€1k€729▼
Taxes450/3€1k€729▼
Other amounts payable47/48-€0
Income statement
Code20242025
Turnover70-€0
Non-recurring operating income76A-€1k
Goods, raw materials, services and sundry goods60/61-€0
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€16k▲
Other operating charges640/8€437€52▼
Gross operating margin9900€32k€22k▼
Operating profit (loss)9901€22k€6k▼
Financial charges65/66B€67€3k▲
Recurring financial charges65€67€3k▲
Profit (loss) for the period before taxes9903€21k€3k▼
Income taxes67/77-€6k
Profit (loss) for the period9904€21k€-3k▼
Profit (loss) for the period to be appropriated9905€21k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€9k▼
Profit (loss) brought forward from the previous period14P€-9k€12k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | - | - | €0 | - |
| Non-recurring operating income76A | - | - | €1k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €0 | - |
| Remuneration, social security and pensions62 | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81 | €10k | €16k | ▲ 57.2% |
| Other operating charges640/8 | €384 | €437 | €52 | ▼ 88.1% |
| Gross operating margin9900 | €3k | €32k | €22k | ▼ 31.3% |
| Operating profit (loss)9901 | €3k | €22k | €6k | ▼ 71.3% |
| Financial charges65/66B | €46 | €67 | €3k | ▲ 4,896% |
| Recurring financial charges65 | €46 | €67 | €3k | ▲ 4,896% |
| Profit (loss) for the period before taxes9903 | €3k | €21k | €3k | ▼ 86.6% |
| Income taxes67/77 | - | - | €6k | - |
| Profit (loss) for the period9904 | €3k | €21k | €-3k | ▼ 115% |
| Profit (loss) for the period to be appropriated9905 | €3k | €21k | €-3k | ▼ 115% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €184k | €201k | €369k | ▲ 83.2% |
| Fixed assets21/28 | €178k | €179k | €336k | ▲ 88.3% |
| Intangible fixed assets21 | €3k | €3k | €2k | ▼ 7.4% |
| Tangible fixed assets22/27 | €175k | €176k | €334k | ▲ 90.0% |
| Land and buildings22 | €175k | €173k | €331k | ▲ 91.9% |
| Furniture and vehicles24 | - | €3k | €2k | ▼ 22.5% |
| Financial fixed assets28 | €500 | €500 | €500 | = |
| Current assets29/58 | €6k | €23k | €32k | ▲ 42.3% |
| Amounts receivable within one year40/41 | - | €1k | €20k | ▲ 1,807% |
| Trade receivables40 | - | €1k | €20k | ▲ 1,807% |
| Other amounts receivable41 | - | - | €0 | - |
| Cash at bank and in hand54/58 | €6k | €20k | €12k | ▼ 40.5% |
| Deferred charges and accrued income490/1 | - | €1k | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €184k | €201k | €369k | ▲ 83.2% |
| Equity10/15 | €11k | €32k | €29k | ▼ 9.8% |
| Contributions10/11 | €20k | €20k | €20k | = |
| Outside capital11 | €20k | €20k | - | - |
| Other1109/19 | €20k | €20k | - | - |
| Profit (loss) carried forward14 | €-9k | €12k | €9k | ▼ 26.0% |
| Amounts payable17/49 | €173k | €169k | €340k | ▲ 101% |
| Amounts payable after more than one year17 | €156k | €150k | €313k | ▲ 108% |
| Financial debts170/4 | €156k | €150k | €313k | ▲ 108% |
| Amounts payable within one year42/48 | €17k | €19k | €27k | ▲ 42.7% |
| Current portion of amounts payable after more than one year42 | - | - | €5k | - |
| Trade debts44 | €16k | €18k | €21k | ▲ 18.5% |
| Suppliers440/4 | €16k | €18k | €21k | ▲ 18.5% |
| Taxes, remuneration and social security45 | €696 | €1k | €729 | ▼ 36.7% |
| Taxes450/3 | €696 | €1k | €729 | ▼ 36.7% |
| Other amounts payable47/48 | - | - | €0 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €21k | €-3k | ▼ 115% |
| + Depreciation and write-downs630 | €81 | €10k | €16k | ▲ 57.2% |
| Operating cash flow (approximation) | €3k | €32k | €13k | ▼ 60.1% |
| Investment in fixed assets (approximation) | - | €-11k | €-174k | ▼ 1,518% |
| Change in cash | - | €15k | €-8k | ▼ 156% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
19-03
State Gazette act
Purpose · Statutes amendmentPurpose change2 facts ▸
State Gazette act
Purpose · Statutes amendment
Purpose change2 facts ▸
- General meeting, 17 mars 2026
- Purpose change, La société a pour objet, pour compte propre, pour compte de tiers ou en participation, tant en Belgique qu’à l’étranger, directement ou indirectement, dans la m…
2025
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series.
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 82 days late
2024
31-12
Financial
Highest result since 2023net €21k ▲732%
Operating result €22k, net result €21k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.20
Current ratio from 0.33 to 1.20.
09-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 131 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Esneux · 1 establishment unit since 2021
Ground area
814 m²
Building footprint
112 m²
Volume, LiDAR
454 m³
Parcel 62101A0489/00H009, Wallonia · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CAVIM
since 20212.320.210.009
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62101A0489/00H009 | Wallonia | 814 m² | 1 · 112 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,490 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
73300Public relations and communication consultancy
81220Other building cleaning and industrial cleaning
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.