CSVL
ActiveSummary
The computed 12-month bankruptcy probability of CSVL is 2.2% (moderate). For CSVL, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€78,653) and a net result of €8,233. Equity is shrinking by ~49.1% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability85▲+85
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023Solvency, return and age of the figures
Solvency
-171.3%
Return on assets
17.9%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-03-2026, 608 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
not filed
2023
608 d late
2022
31 d late
2021
310 d late
2020
2 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 196 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€78,653▲ 9.5%
2022 · -€86,886
Total assets
€45,916▼ 7.2%
2022 · €49,497
Net result
€8,233
2022 · -€32,290
Working capital
-€83,744▲ 9.2%
2022 · -€92,276
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€4,376▲ 9.0%-€10,361▼ 137%-€33,688▼ 225%-€28,969▲ 14.0%€10,390
Net result-€4,956▼ 3.0%-€12,297▼ 148%-€35,786▼ 191%-€32,290▲ 9.8%€8,233
Equity-€6,513▼ 318%-€18,810▼ 189%-€54,596▼ 190%-€86,886▼ 59.1%-€78,653▲ 9.5%
Total assets€27,834▲ 265%€22,843▼ 17.9%€32,991▲ 44.4%€49,497▲ 50.0%€45,916▼ 7.2%
Debt€34,348▲ 274%€41,653▲ 21.3%€87,587▲ 110%€136,383▲ 55.7%€124,568▼ 8.7%
Working capital-€11,793▼ 313%-€25,803▼ 119%-€61,656▼ 139%-€92,276▼ 49.7%-€83,744▲ 9.2%
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 2023: €10,390 after a loss of €28,969 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €45,916
Fixed assets
€5,091 ▼ 5.6%
Current assets
€40,825 ▼ 7.4%
Equity and liabilities
Equity-€78,653
Debt€124,568
Equity is negative: debt (€124,568) exceeds the balance-sheet total (€45,916).
Key figures and ratios
EBITDA
€12,143▲
2022 · -€27,300
Cash flow
€9,987▲
2022 · -€30,621
Solvency
-171.3%▲
2022 · -175.5%
Current ratio
0.33▲
2022 · 0.32
Quick ratio
0.09▼
2022 · 0.24
ROA
17.9%▲
2022 · -65.2%
Interest coverage
5.23▲
2022 · -8.18
Debt ≤ 1 year
€124,568▼
2022 · €136,383
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,044 | €1,321 | €2,131 | €1,669 | €1,754 | ▲ 5.1% |
| Other operating charges640/8 | - | - | €826 | €243 | €5,824 | ▲ 2,297% |
| Gross operating margin9900 | -€1,348 | -€6,689 | -€30,732 | -€27,057 | €17,967 | ▲ 166% |
| Operating profit (loss)9901 | -€4,376 | -€10,361 | -€33,688 | -€28,969 | €10,390 | ▲ 136% |
| Financial income75/76B | - | - | €0 | €15 | €168 | ▲ 1,021% |
| Recurring financial income75 | €173 | €6 | €0 | €15 | €168 | ▲ 1,021% |
| Financial charges65/66B | - | - | €2,097 | €3,336 | €2,324 | ▼ 30.3% |
| Recurring financial charges65 | €296 | €1,157 | €2,097 | €3,336 | €2,324 | ▼ 30.3% |
| Profit (loss) for the period before taxes9903 | -€4,498 | -€11,512 | -€35,786 | -€32,290 | €8,233 | ▲ 125% |
| Income taxes67/77 | €458 | €785 | - | - | - | - |
| Profit (loss) for the period9904 | -€4,956 | -€12,297 | -€35,786 | -€32,290 | €8,233 | ▲ 125% |
| Profit (loss) for the period to be appropriated9905 | -€4,956 | -€12,297 | -€35,786 | -€32,290 | €8,233 | ▲ 125% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,834 | €22,843 | €32,991 | €49,497 | €45,916 | ▼ 7.2% |
| Fixed assets21/28 | €5,916 | €6,993 | €7,060 | €5,390 | €5,091 | ▼ 5.6% |
| Intangible fixed assets21 | €2,250 | €2,000 | €1,750 | €1,500 | €1,250 | ▼ 16.7% |
| Tangible fixed assets22/27 | €3,666 | €4,993 | €4,460 | €3,040 | €2,991 | ▼ 1.6% |
| Plant, machinery and equipment23 | - | - | €2,724 | €1,760 | €2,114 | ▲ 20.1% |
| Furniture and vehicles24 | - | - | €1,736 | €1,280 | €876 | ▼ 31.5% |
| Financial fixed assets28 | - | - | €850 | €850 | €850 | = |
| Current assets29/58 | €21,918 | €15,850 | €25,931 | €44,106 | €40,825 | ▼ 7.4% |
| Stocks and contracts in progress3 | €3,790 | €5,105 | €13,630 | €10,805 | €30,186 | ▲ 179% |
| Stocks30/36 | - | - | €13,630 | €10,805 | €30,186 | ▲ 179% |
| Amounts receivable within one year40/41 | €16,924 | €6,317 | €10,542 | €31,925 | €6,181 | ▼ 80.6% |
| Trade receivables40 | - | - | €10,531 | €31,925 | €6,181 | ▼ 80.6% |
| Other amounts receivable41 | - | - | €11 | - | - | - |
| Cash at bank and in hand54/58 | €441 | €3,105 | €1,324 | €944 | €4,458 | ▲ 372% |
| Deferred charges and accrued income490/1 | - | - | €435 | €433 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,834 | €22,843 | €32,991 | €49,497 | €45,916 | ▼ 7.2% |
| Equity10/15 | -€6,513 | -€18,810 | -€54,596 | -€86,886 | -€78,653 | ▲ 9.5% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€25,113 | -€37,410 | -€73,196 | -€105,486 | -€97,253 | ▲ 7.8% |
| Amounts payable17/49 | €34,348 | €41,653 | €87,587 | €136,383 | €124,568 | ▼ 8.7% |
| Amounts payable within one year42/48 | €33,711 | €41,653 | €87,587 | €136,383 | €124,568 | ▼ 8.7% |
| Trade debts44 | €23,490 | €24,287 | €51,112 | €66,686 | €40,269 | ▼ 39.6% |
| Suppliers440/4 | - | - | €51,112 | €66,686 | €40,269 | ▼ 39.6% |
| Taxes, remuneration and social security45 | - | - | - | €6,344 | €28,152 | ▲ 344% |
| Taxes450/3 | - | - | - | €6,344 | €14,839 | ▲ 134% |
| Remuneration and social security454/9 | - | - | - | - | €13,312 | - |
| Other amounts payable47/48 | - | - | €36,475 | €63,353 | €56,148 | ▼ 11.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,956 | -€12,297 | -€35,786 | -€32,290 | €8,233 | ▲ 125% |
| + Depreciation and write-downs630 | €2,044 | €1,321 | €2,131 | €1,669 | €1,754 | ▲ 5.1% |
| Operating cash flow (approximation) | -€2,912 | -€10,976 | -€33,655 | -€30,621 | €9,987 | ▲ 133% |
| Investment in fixed assets (approximation) | - | -€2,398 | -€2,198 | €0 | -€1,454 | - |
| Change in cash | - | €2,664 | -€1,780 | -€380 | €3,513 | ▲ 1,025% |
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
31-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 608 days late
2023
31-12
Financial
Back to profitnet €8,233
Net result €8,233 after 5 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 310 days late
2021
31-12
Financial
Weakest financial yearnet -€35,786
Net result drops to -€35,786, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 395 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 760 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Beerse · 1 establishment unit since 2009
Ground area
7,792 m²
Building footprint
3,971 m²
Parcel 13004E0169/00V000, Flanders. Linked by address, not a title deed.
1 establishment unit
CSVL
since 20092.284.342.872
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004E0169/00V000 | Flanders | 7,792 m² | 1 · 3,971 m² | - |
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.
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded09-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809696711
Also
9925:BE0809696711
Registered
02-09-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.