Equity
-€93,124
Debts exceed assets in financial year 2025.
CIVASE
Lifetime
19 annual accounts with figures on one time axispeak €49,634 (2012)
-€64
lowest -€47,778 (2007)
-€64▲ €1,259
peak -€29,228 (2007)
-€93,124▼ €64
€113,879▲ 0.1%
peak 1.7 FTE (2007)
-not published
Board1 name since 2006
1 director
Documentsfilings and deeds
05-11-202697 days late
2025micro format
Loss of €64
Key points
from the 2025 annual accountsDebts
€113,879 549% of the balance sheet
After one year 98%Within one year 2%
Of this, €1,754 falls due within a year.
Filings
19 annual accounts 97 days
Latest accounts filed late: after the legal deadline.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,795 companies had the same profile as CIVASE has now. Each dot stands for 7 companies, two years later.
90.3%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,795 companies, not a prediction for CIVASE. 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
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Signals
Official details
Source: KBO- Status
- Active since 15-02-2006Normal situation
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on CIVASE
CIVASE files the micro format. That format states no turnover. The gross margin fell from €29,550 in 2007 to -€64 in 2025.
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 CIVASE
- What is the company number of CIVASE?
- The company number of CIVASE is 0879.580.855. The VAT number is the same number with BE in front: BE 0879.580.855.
- Where is CIVASE based?
- The registered office is at Andreas Vesaliusstraat 54, 3000 Leuven.Company details
- What is the legal form of CIVASE?
- CIVASE is a private limited company (pre-2019) (BVBA).
- When was CIVASE founded?
- CIVASE was founded on 15-02-2006.
- Is CIVASE still active?
- Yes, CIVASE is an active enterprise in the KBO register.
- What is the turnover of CIVASE?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is CIVASE profitable?
- In financial year 2025, CIVASE made a loss of €64.
- Where can I find the annual accounts of CIVASE?
- CIVASE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CIVASE due?
- CIVASE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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