CNVCO
ActiveCNVCO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4 and a net result of €22k. Equity is shrinking by ~85.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency5▼-4
Growth32▼-26
Stability94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.86 in 2024), and 100% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31523 sector peers (2025).
NBB · sector comparisonPosition among 31523 sector peers
Solvency
better than 10%
← weakest
strongest →
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 30-04-2026, 92 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
92 d early
2024
49 d early
2023
68 d early
2022
30 d late
2021
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4▼ 99.8%
2024 · €2k
2021: €24k
2022: €67k
2023: €110k
2024: €2k
2021 → 2025
Total assets
€54k▼ 61.0%
2024 · €138k
2021: €53k
2022: €93k
2023: €141k
2024: €138k
2021 → 2025
Net result
€22k▼ 49.1%
2024 · €43k
2021: €24k
2022: €42k
2023: €43k
2024: €43k
2021 → 2025
Working capital
€-16k▲ 15.7%
2024 · €-18k
2021: €24k
2022: €67k
2023: €86k
2024: €-18k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€67k▲ 175%€110k▲ 64.8%€2k▼ 98.0%€4▼ 99.8%
Operating result€30k-€53k▲ 75.5%€53k▲ 0.3%€54k▲ 2.2%€28k▼ 48.3%
Net result€24k-€42k▲ 75.0%€43k▲ 1.9%€43k▼ 1.4%€22k▼ 49.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€16k▼ 24.8%
Current assets
€38k▼ 67.4%
Equity and liabilities €54k
Equity
€4▼ 99.8%
Debt
€54k▼ 60.4%
The debt ratio rises from 98.4% to 100.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€33k▼
2024 · €59k
Cash flow
€27k▼
2024 · €47k
Solvency
0.0%▼
2024 · 1.6%
Current ratio
0.71▼
2024 · 0.86
Quick ratio
0.71▼
2024 · 0.86
ROA
40.2%▲
2024 · 30.8%
Interest coverage
164.59▲
2024 · 86.00
Debt
€54k▼
2024 · €136k
Debt ≤ 1 year
€54k▼
2024 · €136k
Income taxes
€6k▼
2024 · €12k
Equity ratios withheld: equity of €4 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€138k€54k▼
Fixed assets21/28€21k€16k▼
Tangible fixed assets22/27€21k€16k▼
Furniture and vehicles24€21k€16k▼
Current assets29/58€117k€38k▼
Amounts receivable within one year40/41€20k€13k▼
Trade receivables40€19k€10k▼
Other amounts receivable41€617€3k▲
Cash at bank and in hand54/58€97k€24k▼
Deferred charges and accrued income490/1€857€916▲
Equity and liabilities
Total equity and liabilities10/49€138k€54k▼
Equity10/15€2k€4▼
Contributions10/11€1€1=
Profit (loss) carried forward14€2k€3▼
Amounts payable17/49€136k€54k▼
Amounts payable within one year42/48€136k€54k▼
Trade debts44€973€44▼
Suppliers440/4€973€44▼
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Other amounts payable47/48€128k€44k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€937€1k▲
Gross operating margin9900€60k€35k▼
Operating profit (loss)9901€54k€28k▼
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€689€202▼
Recurring financial charges65€689€202▼
Profit (loss) for the period before taxes9903€55k€28k▼
Income taxes67/77€12k€6k▼
Profit (loss) for the period9904€43k€22k▼
Profit (loss) for the period to be appropriated9905€43k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€152k€24k▼
Profit (loss) brought forward from the previous period14P€110k€2k▼
Profit to be distributed694/7€150k€24k▼
Return on contributions (dividend)694€150k€24k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €22k ▼49.1%
Net result drops to €22k, the lowest in the series.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €43k ▲1.9%
Net result €43k, the highest in the series.
31-12
Financial
Equity above €100kEq €110k ▲64.8%
3 profitable years in a row build equity to €110k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Ukkel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marie Depagestraat 371180 UkkelGround area
386 m²
Building footprint
225 m²
Volume, LiDAR
3,253 m³
2 parcels, Brussels · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CNVCO
since 20212.323.791.287
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0003/00D017 | Brussels | 223 m² | 1 · 134 m² | 18.9 m · 5 fl. |
| 21443A0118/00V011 | Brussels | 163 m² | 1 · 91 m² | 18.7 m · 5 fl. |
Linked by address, not proof of ownership
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.
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VEVD
BE 1014.965.735
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MAGNOLYA CONSULTING
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 35 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.