CAVIRAN
ActiveCAVIRAN has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €560k and a net result of €26k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 83% of 19358 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+12
Solvency100▲+10
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days only on tighter terms
Liquidity short (current ratio 0.73 against 0.51 in 2023; short-term debt: 22.9% and cash: 2.9% of total assets), and 22.9% 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 68
Relative position
BE, all sectors
reference
Sector 68
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 2024Solvency, return and age of the figures
Solvency
77.1%
Return on assets
3.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-11-2025, 112 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
112 d late
2023
65 d late
2022
60 d late
2021
88 d late
2020
108 d late
2019
115 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€26k▲ 95.0%
2023 · €13k
2018: €1k
2019: €-17k
2020: €-18k
2021: €8k
2022: €6k
2023: €13k
2018 → 2024
Working capital
€-45k▲ 67.0%
2023 · €-138k
2018: €-305k
2019: €-307k
2020: €-313k
2021: €-266k
2022: €-198k
2023: €-138k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€507k-€514k▲ 1.5%€520k▲ 1.2%€534k▲ 2.6%€560k▲ 4.9%
Operating result€16k-€30k▲ 81.7%€-2k€29k€49k▲ 73.0%
Net result€-18k-€8k€6k▼ 21.5%€13k▲ 125%€26k▲ 95.0%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 73% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €726k
Fixed assets
€605k▼ 10.3%
Current assets
€121k▼ 15.4%
Equity and liabilities €726k
Equity
€560k▲ 4.9%
Debt
€166k▼ 41.5%
The debt ratio falls from 34.7% to 22.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▲
2023 · €72k
Cash flow
€68k▲
2023 · €57k
Solvency
77.1%▲
2023 · 65.3%
Current ratio
0.73▲
2023 · 0.51
Quick ratio
0.73▲
2023 · 0.51
Debt / equity
0.30▼
2023 · 0.53
ROE
4.7%▲
2023 · 2.5%
ROA
3.6%▲
2023 · 1.6%
Interest coverage
7.59▲
2023 · 4.78
Debt
€166k▼
2023 · €284k
Debt ≤ 1 year
€166k▼
2023 · €281k
Income taxes
€7k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€818k€726k▼
Fixed assets21/28€675k€605k▼
Tangible fixed assets22/27€675k€605k▼
Land and buildings22€672k€603k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€143k€121k▼
Amounts receivable within one year40/41€129k€100k▼
Trade receivables40€50k€22k▼
Other amounts receivable41€80k€78k▼
Cash at bank and in hand54/58€13k€21k▲
Deferred charges and accrued income490/1€326€354▲
Equity and liabilities
Total equity and liabilities10/49€818k€726k▼
Equity10/15€534k€560k▲
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€463k€489k▲
Amounts payable17/49€284k€166k▼
Amounts payable within one year42/48€281k€166k▼
Trade debts44€20k€30k▲
Suppliers440/4€20k€30k▲
Taxes, remuneration and social security45€5k€15k▲
Taxes450/3€5k€15k▲
Other amounts payable47/48€255k€121k▼
Accrued charges and deferred income492/3€3k-
Income statement
Code20232024
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€42k▼
Other operating charges640/8€19k€19k▲
Non-recurring operating charges66A-€504
Gross operating margin9900€91k€111k▲
Operating profit (loss)9901€29k€49k▲
Financial income75/76B-€0
Recurring financial income75-€0
Non-recurring financial income76B-€0
Financial charges65/66B€15k€16k▲
Recurring financial charges65€15k€12k▼
Non-recurring financial charges66B-€4k
Profit (loss) for the period before taxes9903€13k€33k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€13k€26k▲
Profit (loss) for the period to be appropriated9905€13k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€463k€489k▲
Profit (loss) brought forward from the previous period14P€449k€463k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 112 days late
2024
31-12
Financial
Highest result since 2018net €26k ▲95%
Operating result €49k, net result €26k, both a record.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 88 days late
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 108 days late
2020
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 115 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2013
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-07-2013
Resigned as Director
31-07-2013
Resigned as Managing director
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 1986
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.
Ter Kamerenstraat 22D1200 Sint-Lambrechts-WoluweGround area
1,947 m²
Building footprint
357 m²
Volume, LiDAR
4,677 m³
Parcel 21674C0222/00H002, Brussels · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Ter Kamerenstraat 22d, 1200 Sint-Lambrechts-Woluwe
since 19862.034.418.711
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21674C0222/00H002 | Brussels | 1,947 m² | 1 · 357 m² | 16.6 m · 5 fl. |
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.
Similar companies · same sector, comparable size
IMMO LVT
BE 0878.174.454
Lasne · Eq €560k
GURU NANAK
BE 0568.750.689
Antwerpen · Eq €561k
RUBELIS
BE 0751.970.130
Brasschaat · Eq €560k
BEHEERSMAATSCHAPPIJ COOLS-ELEN
BE 0447.856.027
Mol · Eq €559k
CENTRAL VIANDES
BE 0429.993.773
Charleroi · Eq €559k
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 5,015 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-10-1986
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.