Summary
CAVM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €659,807 and a net result of €90,820. Equity is growing by ~27.9% per year across the filed fiscal years. Its solvency ranks better than 84% of 8091 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
25 d early
2024
31 d late
2023
26 d late
2022
30 d late
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€659,807▲ 16.0%
2024 · €568,987
Net result
€90,820▼ 18.5%
2024 · €111,452
Total assets
€768,249▼ 4.7%
2024 · €805,923
Solvency
85.9%▲ 15.3pp
2024 · 70.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€209,882-€189,200▼ 9.9%€486,401▲ 157%€149,261▼ 69.3%€127,595▼ 14.5%
Net result€154,535above the sector's middle half-€138,174above the sector's middle half▼ 10.6%€424,549above the sector's middle half▲ 207%€111,452above the sector's middle half▼ 73.7%€90,820above the sector's middle half▼ 18.5%
Equity€167,035within the sector's middle half-€305,209within the sector's middle half▲ 82.7%€457,534above the sector's middle half▲ 49.9%€568,987above the sector's middle half▲ 24.4%€659,807above the sector's middle half▲ 16.0%
Total assets€283,201within the sector's middle half-€448,069within the sector's middle half▲ 58.2%€864,229within the sector's middle half▲ 92.9%€805,923within the sector's middle half▼ 6.7%€768,249within the sector's middle half▼ 4.7%
Debt€116,166-€142,860▲ 23.0%€406,695▲ 185%€236,936▼ 41.7%€108,443▼ 54.2%
Working capital€144,332above the sector's middle half-€271,219above the sector's middle half▲ 87.9%€420,790above the sector's middle half▲ 55.1%€525,971above the sector's middle half▲ 25.0%€609,557above the sector's middle half▲ 15.9%
Solvency59.0%within the sector's middle half-68.1%within the sector's middle half▲ 9.1pp52.9%within the sector's middle half▼ 15.2pp70.6%within the sector's middle half▲ 17.7pp85.9%above the sector's middle half▲ 15.3pp
Current ratio2.24within the sector's middle half-2.90within the sector's middle half▲ 0.662.03within the sector's middle half▼ 0.863.22within the sector's middle half▲ 1.196.62above the sector's middle half▲ 3.40
Return on assets (ROA)54.6%above the sector's middle half-30.8%above the sector's middle half▼ 23.7pp49.1%above the sector's middle half▲ 18.3pp13.8%within the sector's middle half▼ 35.3pp11.8%within the sector's middle half▼ 2.0pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €768,249
Fixed assets
€50,250 ▲ 16.8%
Current assets
€718,000 ▼ 5.9%
Equity and liabilities €768,249
Equity
€659,807 ▲ 16.0%
Debt
€108,443 ▼ 54.2%
Debt's share of the balance-sheet total falls from 29.4% to 14.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
13.8%▼
2024 · 19.6%
Debt ≤ 1 year
€108,443▼
2024 · €236,936
Income taxes
€36,190▼
2024 · €37,370
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €797 | €3,851 | €5,196 | €6,179 | €6,392 | ▲ 3.4% |
| Other operating charges640/8 | €875 | €805 | €516 | €528 | €544 | ▲ 3.0% |
| Gross operating margin9900 | €211,554 | €193,855 | €492,113 | €155,968 | €134,530 | ▼ 13.7% |
| Operating profit (loss)9901 | €209,882 | €189,200 | €486,401 | €149,261 | €127,595 | ▼ 14.5% |
| Financial charges65/66B | €347 | €326 | €437 | €438 | €585 | ▲ 33.4% |
| Recurring financial charges65 | €347 | €326 | €437 | €438 | €585 | ▲ 33.4% |
| Profit (loss) for the period before taxes9903 | €209,535 | €188,874 | €485,964 | €148,823 | €127,010 | ▼ 14.7% |
| Income taxes67/77 | €55,000 | €50,700 | €61,415 | €37,370 | €36,190 | ▼ 3.2% |
| Profit (loss) for the period9904 | €154,535 | €138,174 | €424,549 | €111,452 | €90,820 | ▼ 18.5% |
| Profit (loss) for the period to be appropriated9905 | €154,535 | €138,174 | €424,549 | €111,452 | €90,820 | ▼ 18.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €283,201 | €448,069 | €864,229 | €805,923 | €768,249 | ▼ 4.7% |
| Fixed assets21/28 | €22,703 | €33,991 | €36,744 | €43,015 | €50,250 | ▲ 16.8% |
| Tangible fixed assets22/27 | €22,703 | €33,991 | €36,744 | €43,015 | €50,250 | ▲ 16.8% |
| Furniture and vehicles24 | €18,303 | €20,111 | €19,664 | €15,935 | €9,544 | ▼ 40.1% |
| Other tangible fixed assets26 | €4,400 | €13,880 | €17,080 | €27,080 | €40,706 | ▲ 50.3% |
| Current assets29/58 | €260,498 | €414,078 | €827,485 | €762,907 | €718,000 | ▼ 5.9% |
| Stocks and contracts in progress3 | €2,700 | €19,100 | €28,050 | €31,320 | €32,160 | ▲ 2.7% |
| Stocks30/36 | €2,700 | €19,100 | €28,050 | €31,320 | €32,160 | ▲ 2.7% |
| Amounts receivable within one year40/41 | €1,600 | €0 | €161,172 | €362,918 | €191,119 | ▼ 47.3% |
| Trade receivables40 | €1,600 | €0 | €161,172 | €362,918 | €158,514 | ▼ 56.3% |
| Other amounts receivable41 | - | - | - | - | €32,605 | - |
| Cash at bank and in hand54/58 | €256,198 | €394,739 | €638,084 | €368,580 | €494,720 | ▲ 34.2% |
| Deferred charges and accrued income490/1 | - | €239 | €180 | €90 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €283,201 | €448,069 | €864,229 | €805,923 | €768,249 | ▼ 4.7% |
| Equity10/15 | €167,035 | €305,209 | €457,534 | €568,987 | €659,807 | ▲ 16.0% |
| Contributions10/11 | €12,500 | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Reserves13 | €154,535 | €292,709 | €445,034 | €556,487 | €647,307 | ▲ 16.3% |
| Distributable reserves133 | €154,535 | €292,709 | €445,034 | €556,487 | €647,307 | ▲ 16.3% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | - | - |
| Amounts payable17/49 | €116,166 | €142,860 | €406,695 | €236,936 | €108,443 | ▼ 54.2% |
| Amounts payable within one year42/48 | €116,166 | €142,860 | €406,695 | €236,936 | €108,443 | ▼ 54.2% |
| Trade debts44 | €4,391 | €0 | €4,310 | €34,382 | €5,410 | ▼ 84.3% |
| Suppliers440/4 | €4,391 | €0 | €4,310 | €34,382 | €5,410 | ▼ 84.3% |
| Taxes, remuneration and social security45 | €105,773 | €136,057 | €152,386 | €202,555 | €103,033 | ▼ 49.1% |
| Taxes450/3 | €90,773 | €136,057 | €152,386 | €86,464 | €103,033 | ▲ 19.2% |
| Remuneration and social security454/9 | €15,000 | €0 | - | €116,091 | €0 | ▼ 100% |
| Other amounts payable47/48 | €6,003 | €6,803 | €250,000 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €154,535 | €138,174 | €424,549 | €111,452 | €90,820 | ▼ 18.5% |
| + Depreciation and write-downs630 | €797 | €3,851 | €5,196 | €6,179 | €6,392 | ▲ 3.4% |
| Operating cash flow (approximation) | €155,332 | €142,025 | €429,745 | €117,631 | €97,212 | ▼ 17.4% |
| Investment in fixed assets (approximation) | - | -€15,139 | -€7,950 | -€12,450 | -€13,626 | ▼ 9.4% |
| Change in cash | - | €138,541 | €243,345 | -€269,504 | €126,141 | ▲ 147% |
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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €90,820 ▼18.5%
Net result drops to €90,820, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 6.62
Current ratio from 3.22 to 6.62; short-term debt falls from €236,936 to €108,443.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Equity above €500,000Eq €568,987 ▲24.4%
4 profitable years in a row build equity to €568,987.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2021net €424,549 ▲207%
Operating result €486,401, net result €424,549, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €200,000Eq €305,209 ▲82.7%
2 profitable years in a row build equity to €305,209.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Kruisem · 1 establishment unit since 2020
Ground area
4,741 m²
Building footprint
364 m²
Volume, LiDAR
2,513 m³
Parcel 45017B0210/00G000, Flanders · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CAVM
since 20202.308.347.996
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017B0210/00G000 | Flanders | 4,741 m² | 1 · 364 m² | 12.0 m · 2 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
GARE
BE 0832.303.055
Houthalen-Helchteren · Eq €659,866
MARIFI
BE 0515.991.203
Knokke-Heist · Eq €659,628
J. Pepermans
BE 0648.917.726
Lint · Eq €659,580
KLC PROJECTS
BE 0699.904.686
Menen · Eq €660,125
BAST HOLDING
BE 0716.817.132
Hasselt · Eq €660,322
Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,390 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
Founded30-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
70200Business and other management consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0755411056
Also
9925:BE0755411056
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.