CVBL
ActiveSummary
The computed 12-month bankruptcy probability of CVBL is 5.9% (elevated). The 2025 annual accounts show equity of €44,281 and a net result of €58,648. Equity is growing by ~38.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 13484 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+15
Solvency37▼-8
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.47 against 0.57 in 2024; short-term debt: 87% and cash: 9.1% of total assets), and 88% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12%
Return on assets
15.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
40 d late
2024
86 d late
2023
76 d late
2022
149 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 76 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€44,281▼ 46.3%
2024 · €82,420
Total assets
€368,496▼ 12.4%
2024 · €420,674
Net result
€58,648▲ 209%
2024 · €18,959
Working capital
-€171,428▼ 23.4%
2024 · -€138,943
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€30,761-€19,791▼ 35.7%€35,260▲ 78.2%€32,533▼ 7.7%€89,286▲ 174%
Net result€20,809-€15,465▼ 25.7%€21,196▲ 37.1%€18,959▼ 10.6%€58,648▲ 209%
Equity€26,809-€42,265▲ 57.7%€63,461▲ 50.1%€82,420▲ 29.9%€44,281▼ 46.3%
Total assets€94,872-€133,909▲ 41.1%€177,178▲ 32.3%€420,674▲ 137%€368,496▼ 12.4%
Debt€68,063-€91,644▲ 34.6%€113,717▲ 24.1%€338,254▲ 197%€324,215▼ 4.2%
Working capital€1,083-€2,330▲ 115%-€2,511-€138,943▼ 5,433%-€171,428▼ 23.4%
Staff (FTE)7.67.7▲ 1.3%7.8▲ 1.3%14▲ 79.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 174% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €368,496
Fixed assets
€219,200 ▼ 7.4%
Current assets
€149,296 ▼ 18.7%
Equity and liabilities €368,496
Equity
€44,281 ▼ 46.3%
Debt
€324,215 ▼ 4.2%
Debt's share of the balance-sheet total rises from 80.4% to 88.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€144,732▲
2024 · €55,503
Cash flow
€114,093▲
2024 · €41,930
Current ratio
0.47▼
2024 · 0.57
Quick ratio
0.46▼
2024 · 0.55
Debt to equity
7.32▲
2024 · 4.10
ROE
132.4%▲
2024 · 23.0%
ROA
15.9%▲
2024 · 4.5%
Interest coverage
23.34▲
2024 · 13.99
Debt ≤ 1 year
€320,725▼
2024 · €322,684
Income taxes
€24,448▲
2024 · €9,605
Staff costs
€270,566▲
2024 · €139,494
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,264 | - |
| Remuneration, social security and pensions62 | €85,060 | €107,129 | €116,788 | €139,494 | €270,566 | ▲ 94.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,687 | €11,734 | €16,468 | €22,971 | €55,445 | ▲ 141% |
| Other operating charges640/8 | €2,324 | €1,164 | €1,312 | €11,822 | €7,454 | ▼ 36.9% |
| Non-recurring operating charges66A | - | - | €5,219 | €8,195 | €11,630 | ▲ 41.9% |
| Gross operating margin9900 | €126,831 | €139,817 | €175,047 | €215,015 | €434,381 | ▲ 102% |
| Operating profit (loss)9901 | €30,761 | €19,791 | €35,260 | €32,533 | €89,286 | ▲ 174% |
| Financial income75/76B | €198 | €125 | €202 | €0 | €10 | ▲ 12,988% |
| Recurring financial income75 | €198 | €125 | €202 | €0 | €10 | ▲ 12,988% |
| Financial charges65/66B | €2,649 | €1,536 | €6,497 | €3,969 | €6,201 | ▲ 56.2% |
| Recurring financial charges65 | €2,649 | €1,536 | €6,497 | €3,969 | €6,201 | ▲ 56.2% |
| Profit (loss) for the period before taxes9903 | €28,309 | €18,380 | €28,965 | €28,564 | €83,096 | ▲ 191% |
| Income taxes67/77 | €7,500 | €2,915 | €7,769 | €9,605 | €24,448 | ▲ 155% |
| Profit (loss) for the period9904 | €20,809 | €15,465 | €21,196 | €18,959 | €58,648 | ▲ 209% |
| Profit (loss) for the period to be appropriated9905 | €20,809 | €15,465 | €21,196 | €18,959 | €58,648 | ▲ 209% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94,872 | €133,909 | €177,178 | €420,674 | €368,496 | ▼ 12.4% |
| Formation expenses20 | €931 | €688 | €445 | €202 | - | - |
| Fixed assets21/28 | €44,666 | €53,514 | €73,575 | €236,731 | €219,200 | ▼ 7.4% |
| Intangible fixed assets21 | - | - | - | €149,941 | €128,513 | ▼ 14.3% |
| Tangible fixed assets22/27 | €44,666 | €53,514 | €73,575 | €86,789 | €90,687 | ▲ 4.5% |
| Land and buildings22 | - | €5,373 | - | - | - | - |
| Plant, machinery and equipment23 | €520 | €4,562 | €13,363 | €42,559 | €61,188 | ▲ 43.8% |
| Furniture and vehicles24 | €41,247 | €41,004 | €53,130 | €38,013 | €24,148 | ▼ 36.5% |
| Other tangible fixed assets26 | €2,900 | €2,575 | €7,082 | €6,217 | €5,351 | ▼ 13.9% |
| Current assets29/58 | €49,275 | €79,707 | €103,158 | €183,741 | €149,296 | ▼ 18.7% |
| Stocks and contracts in progress3 | €4,000 | €4,046 | €2,227 | €5,561 | €1,537 | ▼ 72.4% |
| Stocks30/36 | €4,000 | €4,046 | €2,227 | €5,561 | €1,537 | ▼ 72.4% |
| Amounts receivable within one year40/41 | €11,806 | €57,838 | €74,544 | €125,546 | €106,758 | ▼ 15.0% |
| Trade receivables40 | €8,575 | €44,425 | €70,734 | €121,144 | €102,668 | ▼ 15.3% |
| Other amounts receivable41 | €3,231 | €13,413 | €3,810 | €4,402 | €4,090 | ▼ 7.1% |
| Cash at bank and in hand54/58 | €32,366 | €15,485 | €23,352 | €47,082 | €33,394 | ▼ 29.1% |
| Deferred charges and accrued income490/1 | €1,103 | €2,338 | €3,035 | €5,552 | €7,607 | ▲ 37.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94,872 | €133,909 | €177,178 | €420,674 | €368,496 | ▼ 12.4% |
| Equity10/15 | €26,809 | €42,265 | €63,461 | €82,420 | €44,281 | ▼ 46.3% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | €20,809 | €36,265 | €57,461 | €76,420 | €38,281 | ▼ 49.9% |
| Amounts payable17/49 | €68,063 | €91,644 | €113,717 | €338,254 | €324,215 | ▼ 4.2% |
| Amounts payable after more than one year17 | €19,871 | €13,997 | €8,048 | €2,025 | - | - |
| Financial debts170/4 | €19,871 | €13,997 | €8,048 | €2,025 | - | - |
| Amounts payable within one year42/48 | €48,192 | €77,377 | €105,669 | €322,684 | €320,725 | ▼ 0.6% |
| Current portion of amounts payable after more than one year42 | €5,801 | €5,875 | €5,949 | €6,024 | €2,025 | ▼ 66.4% |
| Trade debts44 | €21,875 | €58,466 | €76,865 | €291,076 | €162,973 | ▼ 44.0% |
| Suppliers440/4 | €21,875 | €58,466 | €76,865 | €291,076 | €162,973 | ▼ 44.0% |
| Taxes, remuneration and social security45 | €18,642 | €13,036 | €22,855 | €25,417 | €58,346 | ▲ 130% |
| Taxes450/3 | €8,002 | €6,192 | €11,159 | €18,875 | €30,954 | ▲ 64.0% |
| Remuneration and social security454/9 | €10,639 | €6,844 | €11,696 | €6,542 | €27,392 | ▲ 319% |
| Other amounts payable47/48 | €1,874 | - | - | €167 | €97,381 | ▲ 58,236% |
| Accrued charges and deferred income492/3 | - | €270 | - | €13,546 | €3,491 | ▼ 74.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,809 | €15,465 | €21,196 | €18,959 | €58,648 | ▲ 209% |
| + Depreciation and write-downs630 | €8,687 | €11,734 | €16,468 | €22,971 | €55,445 | ▲ 141% |
| Operating cash flow (approximation) | €29,496 | €27,199 | €37,663 | €41,930 | €114,093 | ▲ 172% |
| Investment in fixed assets (approximation) | - | -€20,581 | -€36,529 | -€186,126 | -€37,915 | ▲ 79.6% |
| Change in cash | - | -€16,881 | €7,867 | €23,730 | -€13,687 | ▼ 158% |
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
Next filing, fiscal year 2026, expected by
2026
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 40 days late
2025
31-12
Financial
Highest result since 2021net €58,648 ▲209%
Operating result €89,286, net result €58,648, both a record.
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 86 days late
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 76 days late
2023
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 149 days late
2022
31-12
Financial
Weakest financial yearnet €15,465 ▼25.7%
Net result drops to €15,465, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Soumagne · 3 establishment units since 2020
Ground area
1,292 m²
Building footprint
237 m²
Volume, LiDAR
1,380 m³
4 parcels, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Bar à pâtes de Carmelo et fille
since 20202.311.833.464
Avenue de la Résistance(MIC) 307, 4630 Soumagne
since 20222.333.623.822
bar a pates carmelo herstak
since 20252.367.691.608
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62051C0240/00Z002indicative | Wallonia | 674 m² | 1 · 22 m² | 11.2 m · 1 fl. |
| 62099A0033/00S002indicative | Wallonia | 273 m² | 1 · 44 m² | 10.0 m · 3 fl. |
| 62099A0044/00E003 | Wallonia | 244 m² | 1 · 135 m² | 6.9 m · 2 fl. |
| 63036A0351/00E000 | Wallonia | 101 m² | 1 · 36 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesHerstal2.367.691.608
Soumagne2.333.623.822
Verviers2.311.833.464
Similar companies · same sector, comparable size
LA CROISETTE
BE 0716.800.702
Dinant · Eq €44,281
LI & WENG
BE 0508.470.733
Turnhout · Eq €44,279
ROJDEM
BE 0505.998.916
Seraing · Eq €44,275
D & V ACTIVITY
BE 0808.541.025
Waterloo · Eq €44,269
STRANDCAFE
BE 0878.516.132
Blankenberge · Eq €44,297
Of 21,861 companies in sector 56112 we hold annual accounts for 9,778. 8,430 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
carmeloheusy@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.