Financials
- Financial year
- 2025
- Total assets
- €61,896
- Loss
- -€3,620
- Solvency
- -2.6%
CAWNI MICHAEL
ActiveSummary
CAWNI MICHAEL has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,620) and a net result of -€3,620. Its solvency ranks better than 14% of 116 sector peers (NACE 29, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Manufacture of motor vehicles, trailers and semi-trailers
NACE 29201
1 site
Size
€61,896total assets 2025
- Equity
- -€1,620
- Loss
- -€3,620
Turnover not published (micro format)
Structure
Accounts 17 days early
Why 53raises riskCapped at 59: negative equityNegative equity -€1,620Founded in 2025lowers riskSector: Manufacture of motor vehicles, trailers and semi-trailers (NACE 29)Size: total assets €61,896Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 18% of its sector peers (NACE 29, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency
22
equity -2.6% of total assets
Liquidity
25
short-term debt 81.5% · cash 16.0%
Profitability
25
return on assets -5.8%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 1.0%lowest value
08-2026: 1.0%● unchanged vs 07-2026
09-2026: 1.0%● unchanged vs 08-2026
10-2026: 1.1%▲ +0.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.31, below 1; short-term debt: 81.5% and cash: 16% of total assets), and equity is negative.
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 29, micro): better than 14% on solvency, 19% on liquidity and 22% on profitability.
The bankruptcy probability was computed on 14-10-2026 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
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 · 1 filingDeviation from the deadline
2025
17 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: CAWNI Michaël (administrateur non…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of motor vehicles, trailers and semi-trailersNACE 29201
- Founded
- 23-06-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 28
- Annual meeting
- Third Thursday of June at 18:00
- Purpose
- “Les activités relatives au teintage de vitres de maison, véhicule comprenant : protection…” (deed in French)
- Statutory auditor
- No statutory auditor
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