CSVL
ActiveSummary
The computed 12-month bankruptcy probability of CSVL is 10.6% (high). For CSVL, at least two annual filings are missing. The 2023 annual accounts show negative equity (-€78,653) and a net result of €8,233. Equity has been shrinking by about 49% per year since 2018. The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-02-2009 Normal situation
- Activity
- NACE 45113 and 1 other
- Establishment unit
- 2.284.342.872 2340 Beerse, since 09-02-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 10.6%
2023 figures too old to score
Annual accounts 2023
- Gross margin
- €17,967
- Turnover
- ≈ €140,000
- estimated
- Profit
- €8,233
- Equity
- -€78,653
- ▲ 9.5%
- Total assets
- €45,916
- ▼ 7.2%
- Negative equity on 31-12-2023
- 2024 accounts not filed, 459 days past the deadline
Filed on 31-03-2026
Signalsraises riskFigures for financial year 2023 (filed on 31-03-2026)2 financial years not filed after the legal deadline; last filed accounts filed 608 days late; 3 of the last 3 accounts lateTwo or more financial years not filed2023 accounts filed 608 days latelowers riskSize: total assets €45,916Founded in 2009Show the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Weak
Solvency
0=
equity -171.3% of total assets
Liquidity
12+10
short-term debt 271.3% · cash 9.7%
Profitability
85+85
return on assets 17.9%
Bankruptcy probability within 12 months
10.6%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.4%lowest value
01-2025: 8.0%▲ +2.6 percentage points vs 12-2024
02-2025: 8.0%● unchanged vs 01-2025
03-2025: 8.2%▲ +0.2 percentage points vs 02-2025
04-2025: 7.8%▼ -0.4 percentage points vs 03-2025
05-2025: 7.7%▼ -0.1 percentage points vs 04-2025
06-2025: 7.7%● unchanged vs 05-2025
07-2025: 7.7%● unchanged vs 06-2025
08-2025: 8.3%▲ +0.6 percentage points vs 07-2025
09-2025: 8.3%● unchanged vs 08-2025
10-2025: 10.4%▲ +2.1 percentage points vs 09-2025
11-2025: 10.4%● unchanged vs 10-2025
12-2025: 10.4%● unchanged vs 11-2025
01-2026: 10.4%● unchanged vs 12-2025
02-2026: 10.4%● unchanged vs 01-2026
03-2026: 10.4%● unchanged vs 02-2026
04-2026: 9.8%▼ -0.6 percentage points vs 03-2026
05-2026: 9.8%● unchanged vs 04-2026
06-2026: 9.8%● unchanged vs 05-2026
07-2026: 9.8%● unchanged vs 06-2026
08-2026: 10.6%▲ +0.8 percentage points vs 07-2026highest value
09-2026: 10.6%● unchanged vs 08-2026highest value
10-2026: 10.6%● unchanged vs 09-2026highest value
11-2026: 10.6%● unchanged vs 10-2026highest value
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Signals
Six signals.
lowers riskraises risk
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 year end31-07-2025 deadline02-11-2026 today
raises risk · 2023 accounts filed 608 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
608 days late
2022
31 days late
2021
310 days late
2020
2 days early
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 5 accounts on average 196 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Financials
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 2 November 2026.
Annual accounts 2023 filed on 31-03-2026 PDF all 14 filings
Turnover
≈ €140,000
Estimated: probably between €63,000 and €330,000
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
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result for 2023 is a profit of €10,390, after a loss of €28,969 in 2022. It is the highest result since 2019.
Operating result€10,390
2023
Net result€8,233
2023
Total assets€45,916
2023
Equity-€78,653
2023
Debt€124,568
2023
Working capital-€83,744
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€4,808--€4,376▲ 9.0%-€10,361▼ 137%-€33,688▼ 225%-€28,969▲ 14.0%€10,390
Net result-€4,811--€4,956▼ 3.0%-€12,297▼ 148%-€35,786▼ 191%-€32,290▲ 9.8%€8,233
Equity-€1,557--€6,513▼ 318%-€18,810▼ 189%-€54,596▼ 190%-€86,886▼ 59.1%-€78,653▲ 9.5%
Total assets€7,630-€27,834▲ 265%€22,843▼ 17.9%€32,991▲ 44.4%€49,497▲ 50.0%€45,916▼ 7.2%
Debt€9,187-€34,348▲ 274%€41,653▲ 21.3%€87,587▲ 110%€136,383▲ 55.7%€124,568▼ 8.7%
Working capital-€2,856--€11,793▼ 313%-€25,803▼ 119%-€61,656▼ 139%-€92,276▼ 49.7%-€83,744▲ 9.2%
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
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
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,348 | - | €1,454 |
| Financial fixed assets | €850 | - | - |
| Depreciation and write-downs of the year | €2,131 | €1,669 | €1,754 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €519 | €2,044 | €1,321 | €2,131 | €1,669 | €1,754 | ▲ 5.1% |
| Other operating charges640/8 | - | - | - | €826 | €243 | €5,824 | ▲ 24× |
| Gross operating margin9900 | -€4,289 | -€1,348 | -€6,689 | -€30,732 | -€27,057 | €17,967 | - |
| Operating profit (loss)9901 | -€4,808 | -€4,376 | -€10,361 | -€33,688 | -€28,969 | €10,390 | - |
| Financial income75/76B | - | - | - | €0 | €15 | €168 | ▲ 11× |
| Recurring financial income75 | - | €173 | €6 | €0 | €15 | €168 | ▲ 11× |
| Financial charges65/66B | - | - | - | €2,097 | €3,336 | €2,324 | ▼ 30.3% |
| Recurring financial charges65 | €2 | €296 | €1,157 | €2,097 | €3,336 | €2,324 | ▼ 30.3% |
| Profit (loss) for the period before taxes9903 | -€4,811 | -€4,498 | -€11,512 | -€35,786 | -€32,290 | €8,233 | - |
| Income taxes67/77 | - | €458 | €785 | - | - | - | - |
| Profit (loss) for the period9904 | -€4,811 | -€4,956 | -€12,297 | -€35,786 | -€32,290 | €8,233 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,811 | -€4,956 | -€12,297 | -€35,786 | -€32,290 | €8,233 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €7,630 | €27,834 | €22,843 | €32,991 | €49,497 | €45,916 | ▼ 7.2% |
| Fixed assets21/28 | €1,299 | €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 | €1,299 | €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 | €6,331 | €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 | €6,290 | €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 | €41 | €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 | €7,630 | €27,834 | €22,843 | €32,991 | €49,497 | €45,916 | ▼ 7.2% |
| Equity10/15 | -€1,557 | -€6,513 | -€18,810 | -€54,596 | -€86,886 | -€78,653 | ▲ 9.5% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€20,157 | -€25,113 | -€37,410 | -€73,196 | -€105,486 | -€97,253 | ▲ 7.8% |
| Amounts payable17/49 | €9,187 | €34,348 | €41,653 | €87,587 | €136,383 | €124,568 | ▼ 8.7% |
| Amounts payable within one year42/48 | €9,187 | €33,711 | €41,653 | €87,587 | €136,383 | €124,568 | ▼ 8.7% |
| Trade debts44 | €9,187 | €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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,811 | -€4,956 | -€12,297 | -€35,786 | -€32,290 | €8,233 | - |
| + Depreciation and write-downs630 | €519 | €2,044 | €1,321 | €2,131 | €1,669 | €1,754 | ▲ 5.1% |
| Operating cash flow (approximation) | -€4,291 | -€2,912 | -€10,976 | -€33,655 | -€30,621 | €9,987 | - |
| Investment in fixed assets (approximation) | - | -€6,661 | -€2,398 | -€2,198 | €0 | -€1,454 | - |
| Change in cash | - | €400 | €2,664 | -€1,780 | -€380 | €3,513 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 31-03-2026 | 2026-00067331 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00416175 | |
| 31-12-2021 | micro format | 06-06-2023 | 2023-00120686 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-45000282 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-47900398 | |
| 31-12-2018 | micro format | 14-06-2019 | 2019-18800397 | |
| 31-12-2017 | abbreviated format | 30-08-2018 | 2018-56300128 | |
| 31-12-2016 | abbreviated format | 30-08-2018 | 2018-56300126 | |
| 31-12-2015 | abbreviated format | 30-08-2018 | 2018-56300125 | |
| 31-12-2014 | abbreviated format | 30-09-2015 | 2015-63000335 |
Board & ownership
Directors
Directors
1 director
Bauwens Ruben
Current
Director · listed in the 2023 annual accounts, filed on 31-03-2026
Owners and capital
Owners
Network & group
CSVL shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of CSVL. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2026
31-03
micro format · 608 days late
2023
2021
31-12
Financial
Weakest financial yearnet -€35,786
The net result drops to -€35,786, the lowest from 2018 to 2023. It recovers the following year.
29-07
micro format · 2 days before the deadline
2020
31-08
micro format · 31 days late
2019
14-06
micro format · 47 days before the deadline
2018
2015
30-09
abbreviated format · 61 days late
2009
11-02
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
CSVL in Dutch
Enterprise number
0809.696.711
Legal form
Private limited company (pre-2019)
Status
Active, normale toestand
Founded
09-02-2009
Entity type
Legal entity
Registered office and establishments
Registered office
Ketelaarstraat 3, 2340 Beerse, Belgium
Establishment unit
CSVL, Ketelaarstraat 3, 2340 Beerse since 09-02-2009 · unit number 2.284.342.8723312003 Repair and maintenance of machinery
Activities
NACEBEL 202547811
Retail sale of cars and light vans (up to 3.5 tonnes)
Codes under NACEBEL 2008
45113
Invoicing and payment
VAT number
BE 0809.696.711
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
7,792 m²
Building footprint
3,971 m²
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13004E0169/00V000 | Flanders | 7,792 m² | 1 · 3,971 m² | - |