CCVS
ActiveSummary
CCVS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €57k and a net result of €11k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+74
Solvency51▲+5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.81 against 0.76 in 2023; short-term debt: 46.9% and cash: 5.7% of total assets), and 73.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
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 2024Solvency, return and age of the figures
Solvency
26.5%
Return on assets
5.2%
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 03-02-2026, 187 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
187 d late
2023
91 d late
2022
122 d late
2021
74 d late
2020
27 d late
2019
133 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€57k▲ 24.4%
2023 · €46k
Total assets
€215k▼ 0.9%
2023 · €217k
Net result
€11k
2023 · €-31k
Working capital
€-19k▲ 20.5%
2023 · €-24k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€10k€7k▼ 28.4%€37k▲ 441%€-25k€14k
Net result€4k€-2k€22k€-31k€11k
Equity€57k▲ 7.2%€54k▼ 4.0%€76k▲ 40.8%€46k▼ 40.1%€57k▲ 24.4%
Total assets€305k▼ 2.4%€276k▼ 9.6%€265k▼ 4.0%€217k▼ 18.1%€215k▼ 0.9%
Debt€237k▼ 4.5%€210k▼ 11.4%€177k▼ 15.9%€159k▼ 9.8%€146k▼ 8.3%
Working capital€-9k▲ 53.1%€-13k▼ 36.1%€8k€-24k€-19k▲ 20.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €14k after a loss of €25k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €215k
Fixed assets
€133k ▼ 6.4%
Current assets
€82k ▲ 9.5%
Equity and liabilities €215k
Equity
€57k ▲ 24.4%
Provisions
€12k =
Debt
€146k ▼ 8.3%
Debt's share of the balance-sheet total falls from 73.4% to 67.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▲
2023 · €-12k
Cash flow
€20k▲
2023 · €-18k
Current ratio
0.81▲
2023 · 0.76
Quick ratio
0.59▲
2023 · 0.59
Debt to equity
2.56▼
2023 · 3.48
ROE
19.6%▲
2023 · -66.8%
ROA
5.2%▲
2023 · -14.1%
Interest coverage
7.95▲
2023 · -2.37
Debt ≤ 1 year
€101k▲
2023 · €99k
Debt > 1 year
€45k▼
2023 · €61k
Income taxes
€270▼
2023 · €283
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29k | €15k | €13k | €13k | €9k | ▼ 30.7% |
| Other operating charges640/8 | - | €502 | €2k | €2k | €3k | ▲ 55.6% |
| Gross operating margin9900 | €39k | €22k | €53k | €-11k | €26k | ▲ 346% |
| Operating profit (loss)9901 | €10k | €7k | €37k | €-25k | €14k | ▲ 156% |
| Financial income75/76B | - | €313 | - | €26 | €114 | ▲ 341% |
| Recurring financial income75 | €241 | €313 | - | €26 | €114 | ▲ 341% |
| Financial charges65/66B | - | €9k | €8k | €5k | €3k | ▼ 42.7% |
| Recurring financial charges65 | €6k | €9k | €8k | €5k | €3k | ▼ 42.7% |
| Profit (loss) for the period before taxes9903 | €4k | €-2k | €29k | €-30k | €11k | ▲ 138% |
| Income taxes67/77 | €260 | €262 | €7k | €283 | €270 | ▼ 4.6% |
| Profit (loss) for the period9904 | €4k | €-2k | €22k | €-31k | €11k | ▲ 136% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-2k | €22k | €-31k | €11k | ▲ 136% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €305k | €276k | €265k | €217k | €215k | ▼ 0.9% |
| Fixed assets21/28 | €184k | €169k | €155k | €142k | €133k | ▼ 6.4% |
| Tangible fixed assets22/27 | €184k | €169k | €155k | €142k | €133k | ▼ 6.4% |
| Land and buildings22 | - | €168k | €155k | €142k | €133k | ▼ 6.4% |
| Furniture and vehicles24 | - | €759 | €230 | - | - | - |
| Current assets29/58 | €122k | €107k | €110k | €75k | €82k | ▲ 9.5% |
| Stocks and contracts in progress3 | €29k | €22k | €20k | €16k | €22k | ▲ 35.3% |
| Stocks30/36 | - | €22k | €20k | €16k | €22k | ▲ 35.3% |
| Amounts receivable within one year40/41 | €52k | €46k | €58k | €57k | €46k | ▼ 18.7% |
| Trade receivables40 | - | €46k | €58k | €55k | €40k | ▼ 26.6% |
| Other amounts receivable41 | - | €338 | €300 | €2k | €6k | ▲ 268% |
| Cash at bank and in hand54/58 | €41k | €38k | €30k | €641 | €12k | ▲ 1,830% |
| Deferred charges and accrued income490/1 | - | €800 | €907 | €1k | €2k | ▲ 14.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €305k | €276k | €265k | €217k | €215k | ▼ 0.9% |
| Equity10/15 | €57k | €54k | €76k | €46k | €57k | ▲ 24.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €11k | €36k | €58k | €27k | €38k | ▲ 41.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €9k | €9k | €9k | €9k | = |
| Distributable reserves133 | - | €25k | €47k | €16k | €27k | ▲ 69.1% |
| Profit (loss) carried forward14 | €27k | - | - | - | - | - |
| Provisions and deferred taxes16 | €12k | €12k | €12k | €12k | €12k | = |
| Provisions for liabilities and charges160/5 | - | €12k | €12k | €12k | €12k | = |
| Other liabilities and charges164/5 | - | €12k | €12k | €12k | €12k | = |
| Amounts payable17/49 | €237k | €210k | €177k | €159k | €146k | ▼ 8.3% |
| Amounts payable after more than one year17 | €106k | €90k | €75k | €61k | €45k | ▼ 25.4% |
| Financial debts170/4 | - | €90k | €75k | €61k | €45k | ▼ 25.4% |
| Amounts payable within one year42/48 | €131k | €120k | €101k | €99k | €101k | ▲ 2.2% |
| Current portion of amounts payable after more than one year42 | - | €16k | €14k | €15k | €15k | ▲ 3.7% |
| Trade debts44 | €7k | €4k | €5k | €8k | €5k | ▼ 39.0% |
| Suppliers440/4 | - | €4k | €5k | €8k | €5k | ▼ 39.0% |
| Taxes, remuneration and social security45 | - | €9k | €12k | €12k | €2k | ▼ 85.5% |
| Taxes450/3 | - | €9k | €12k | €12k | €2k | ▼ 85.5% |
| Other amounts payable47/48 | - | €92k | €70k | €64k | €79k | ▲ 22.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-2k | €22k | €-31k | €11k | ▲ 136% |
| + Depreciation and write-downs630 | €29k | €15k | €13k | €13k | €9k | ▼ 30.7% |
| Operating cash flow (approximation) | €32k | €13k | €36k | €-18k | €20k | ▲ 216% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-3k | €-7k | €-30k | €12k | ▲ 140% |
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
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 187 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
11-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 133 days late
2019
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 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.
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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, Leuven · 1 establishment unit since 2010
Ground area
549 m²
Building footprint
86 m²
Volume, LiDAR
567 m³
Parcel 24482F0207/00G005, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CCVS
since 20102.189.923.666
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24482F0207/00G005 | Flanders | 549 m² | 1 · 86 m² | 10.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 75 EUR | 75 EUR |
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Of 979 companies in sector 46431 we hold annual accounts for 705. 422 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 (pre-2019)
Founded01-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
46643Wholesale of electrical equipment, including installation materials
46836Wholesale trade
46842Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.