Equity
€50,033 from €95,791 in 2016
Equity fell by 48% in 9 years.
CCVS
Lifetime
15 annual accounts with figures on one time axispeak €94,933 (2016)
€4,825▼ 81.3%
lowest -€33,298 (2019)
-€6,935▼ €18,095
peak €95,791 (2016)
€50,033▼ 12.2%
€128,784▼ 11.9%
Board1 name since 2021
1 directorCuyvers Lode
Documentsfilings and deeds
26-09-202657 days late
2025micro format
Gross margin from €25,846 to €4,825Loss of €6,935Equity from €56,969 to €50,033Cash from €12,365 to €7,622
Key points
from the 2025 annual accountsChecked score
64
Healthy
Financially stronger than 28% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.9%
01-2025: 3.9%● unchanged vs 12-2024
02-2025: 3.9%● unchanged vs 01-2025
03-2025: 3.9%● unchanged vs 02-2025
04-2025: 3.8%▼ -0.1 percentage points vs 03-2025
05-2025: 3.6%▼ -0.2 percentage points vs 04-2025
06-2025: 3.5%▼ -0.1 percentage points vs 05-2025
07-2025: 3.6%▲ +0.1 percentage points vs 06-2025
08-2025: 4.1%▲ +0.5 percentage points vs 07-2025
09-2025: 4.0%▼ -0.1 percentage points vs 08-2025
10-2025: 4.5%▲ +0.5 percentage points vs 09-2025
11-2025: 4.7%▲ +0.2 percentage points vs 10-2025
12-2025: 6.0%▲ +1.3 percentage points vs 11-2025
01-2026: 9.0%▲ +3.0 percentage points vs 12-2025highest value
02-2026: 9.0%● unchanged vs 01-2026
03-2026: 1.9%▼ -7.1 percentage points vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 1.8%▼ -0.1 percentage points vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 1.7%▼ -0.1 percentage points vs 06-2026
08-2026: 2.7%▲ +1.0 percentage point vs 07-2026
09-2026: 3.1%▲ +0.4 percentage points vs 08-2026
10-2026: 1.1%▼ -2.0 percentage points vs 09-2026lowest value
11-2026: 1.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 57 days late; 3 of the last 3 accounts late
Loss of €6,935 (financial year 2025)
Liquidity: current ratio 0.65, cash €7,622
lowers risk
Founded in 2010
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 37% of them on solvency, 26% on liquidity, 24% on profitability and 24% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,166 companies had the same profile as CCVS has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
3.0%
stopped another way
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CCVS itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,166 companies, not a prediction for CCVS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.65 (0.81 in 2024), below 1. Short-term debt is 52.2% and cash 4% of total assets. 73.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 57 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-09-2026, 57 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
57 days late
2024
187 days late
2023
91 days late
2022
122 days late
2021
74 days late
2020
27 days late
2019
133 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 99 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 October (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0827501555
First establishment
Kortrijksestraat 101, Leuven
Incorporation
published on 14-07-2010 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CCVS Leuven | €190,817 | €4,825 | 26.2% | - |
| MEGA-T Antwerp | €222,954 | €4,028 | 97.9% | - |
| SOLMACO Aalst | €130,671 | €4,477 | 95.4% | - |
| Build Evolution Brussels | €401,846 | €3,007 | 10.5% | - |
| Licht aan Zee De Haan | €87,824 | €8,731 | 54.3% | - |
| COMPURETAIL Bruges | €137,463 | €15,699 | 96.2% | - |
| EDIPE Comines-Warneton | €292,805 | €4,779 | 73.8% | 0 |
These companies have the same main activity as CCVS: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €87,800 and €402,000, founded between 2003 and 2011.
Official details
Source: KBO- Status
- Active since 01-07-2010Normal situation
- Activity
- Wholesale of electrical household appliances and audio-video equipmentNACE 46431and 3 others
- Establishment unit
- 2.189.923.6663010 Leuven, since 05-07-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 27-12-2025
Insights on CCVS
CCVS files the micro format. That format states no turnover. The gross margin fell from €63,481 in 2011 to €4,825 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CCVS
- What is the company number of CCVS?
- The company number of CCVS is 0827.501.555. The VAT number is the same number with BE in front: BE 0827.501.555.
- Where is CCVS based?
- The registered office is at Kortrijksestraat 101, 3010 Leuven.Company details
- What does CCVS do?
- According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
- What is the legal form of CCVS?
- CCVS is a private limited company (pre-2019) (BVBA).
- When was CCVS founded?
- CCVS was founded on 01-07-2010.
- Is CCVS still active?
- Yes, CCVS is an active enterprise in the KBO register.
- What is the turnover of CCVS?
- The turnover in financial year 2025 is ≈ €47,000. This figure is estimated from the gross margin of €4,825 and 41 comparable companies (NACE 464). It probably lies between €24,000 and €190,000. It is a rough estimate.Financials
- Is CCVS profitable?
- In financial year 2025, CCVS made a loss of €6,935.
- Where can I find the annual accounts of CCVS?
- CCVS filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CCVS due?
- CCVS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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