Active BE 0680.659.094Private limited companyOpen bankruptcy

CIVANKI

Damwegel 5 ·8810 Lichtervelde, Belgium· 8 yrs active

Sector: Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment) (47716)

Conclusion Checked

A bankruptcy procedure is open for CIVANKI according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-37k) and a net result of €-18k.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€-37k
Net result	€-18k
Better than sector	5%
Active	8 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

33 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 33

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 22-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-433.7%	20.4%	better than 5% of 6698 sector peers
Net result	€-18k	€4k	better than 13% of 6678 sector peers
Equity	€-37k	€16k	better than 9% of 6712 sector peers
Gross operating margin	€-17k	€24k	better than 6% of 6657 sector peers
Total assets	€9k	€94k	better than 7% of 6702 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-17k

-179.2% 18-24

Net profit

€-18k

-173.0% 18-24

Cash flow

€-18k

-173.9% 18-24

Total assets

€9k

-48.2% 18-24

Equity

€-37k

-92.6% 18-24

Working capital

€-37k

-110.1% 18-24

Employees (FTE)

1

- 18-24

Staff costs

€0

- 18-24

Income taxes

€0

-100.0% 18-24

Dividends

€800

0.0% 18-24

Debt

€45k

+27.6% 18-24

Debt ≤ 1y

€45k

+35.5% 18-24

Debt > 1y

€918

-66.5% 18-24

Current ratio

0.16

-64.9% 18-24

Quick ratio

0.03

+8.5% 18-24

Solvency

-433.7%

-271.6% 18-24

Debt / equity

-1.23

+33.7% 18-24

ROE

48.1%

+41.8% 18-24

ROA

-208.5%

-426.9% 18-24

Interest coverage

-20.27

-4.3% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€-17k
Net profit	€-18k
Cash flow	€-18k
Staff costs	-
Income taxes	€0
Dividends	-
Total assets	€9k
Equity	€-37k
Debt	€45k
of which ≤ 1y	€45k
of which > 1y	€918
Working capital	€-37k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.16
Quick ratio	0.03
Working capital ratio	-438.8%
Solvency	-433.7%
Debt / equity	-1.23
Long-term debt ratio	-0.02
Interest coverage	-20.27
Gross margin	-
Net margin	-
ROA	-208.5%
ROE	48.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €1k · 15.9% Current assets €7k · 84.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€9k
Fixed assets	21/28	€1k
Financial fixed assets	28	€1k
Current assets	29/58	€7k
Stocks & contracts in progress	3	€6k
Amounts receivable within one year	40/41	€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€9k
Equity	10/15	€-37k
Contributions / capital	10/11	€6k
Reserves	13	€17k
Accumulated profits (losses)	14	€-60k
Amounts payable	17/49	€45k
Amounts payable after one year	17	€918
Amounts payable within one year	42/48	€45k
Trade debts payable within one year	44	€7k
Income statement
Gross operating margin	9900	€-17k
Operating result	9901	€-17k
Financial charges	65	€835
Result before taxes	9903	€-18k
Income taxes	67/77	€0
Net result for the period	9904	€-18k
Result to be appropriated	9905	€-18k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	BRECHT DAWYNDT KUIPWEG 6, 8400 OOSTENDE- ↔ Also on 38 other cases	26-03-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)(47716)
Legal form	Private limited company(610)
Incorporation	01-09-2017
Status	Active
Postal code	8810
First BS signal	01-04-2026
Latest BS signal	01-04-2026

Establishment units 1 location

Civanki

Ezelstraat 106, 8000 BruggeHandelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer

since 20172.267.378.760

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36011F0350/00A007	Flanders	1.0 ha	1 · 186 m²	13.5 m · 3 fl.
31805E0876/00G002	Flanders	327 m²	1 · 128 m²	11.8 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

01-04-2026

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Oostende · CIVANKI BV DAMWEGEL 5/41, 8810 LICHTERVELDE · event 26-03-2026

2025

22-07-2025