CVD CONSULT
ActiveSummary
CVD CONSULT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €389k and a net result of €106k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 52% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+11
Solvency83▼-6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 2.7 in 2024; short-term debt: 42.2% and cash: 90.8% of total assets), and 42.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
57.8%
Return on assets
15.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
13 d early
2023
12 d early
2022
40 d early
2021
27 d early
2020
2 d early
2019
10 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€389k▲ 8.8%
2024 · €358k
Total assets
€674k▲ 19.6%
2024 · €564k
Net result
€106k▲ 175%
2024 · €38k
Working capital
€382k▲ 9.5%
2024 · €349k
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€132k▲ 16.8%€155k▲ 17.2%€57k▼ 63.3%€58k▲ 2.1%€148k▲ 154%
Net result€90k▲ 19.3%€103k▲ 15.0%€37k▼ 64.1%€38k▲ 3.8%€106k▲ 175%
Equity€363k▲ 13.8%€417k▲ 14.8%€393k▼ 5.6%€358k▼ 9.0%€389k▲ 8.8%
Total assets€434k▲ 17.3%€571k▲ 31.5%€539k▼ 5.7%€564k▲ 4.6%€674k▲ 19.6%
Debt€71k▲ 39.6%€154k▲ 117%€145k▼ 5.7%€206k▲ 41.5%€285k▲ 38.5%
Working capital€354k▲ 12.2%€409k▲ 15.6%€387k▼ 5.3%€349k▼ 9.8%€382k▲ 9.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 154% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €674k
Fixed assets
€7k ▼ 20.6%
Current assets
€667k ▲ 20.3%
Equity and liabilities €674k
Equity
€389k ▲ 8.8%
Debt
€285k ▲ 38.5%
Debt's share of the balance-sheet total rises from 36.5% to 42.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€149k▲
2024 · €60k
Cash flow
€108k▲
2024 · €40k
Current ratio
2.34▼
2024 · 2.70
Debt to equity
0.73▲
2024 · 0.57
ROE
27.2%▲
2024 · 10.7%
ROA
15.7%▲
2024 · 6.8%
Interest coverage
54.01▼
2024 · 100.58
Debt ≤ 1 year
€285k▲
2024 · €206k
Income taxes
€39k▲
2024 · €19k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €559 | €2k | €2k | €2k | €2k | ▲ 6.5% |
| Other operating charges640/8 | - | €869 | €1k | €1k | €1k | ▼ 14.5% |
| Gross operating margin9900 | €133k | €157k | €60k | €61k | €150k | ▲ 147% |
| Operating profit (loss)9901 | €132k | €155k | €57k | €58k | €148k | ▲ 154% |
| Financial income75/76B | - | - | €1 | - | - | - |
| Recurring financial income75 | €0 | - | €1 | - | - | - |
| Financial charges65/66B | - | €1k | €903 | €595 | €3k | ▲ 365% |
| Recurring financial charges65 | €3k | €1k | €903 | €595 | €3k | ▲ 365% |
| Profit (loss) for the period before taxes9903 | €129k | €154k | €56k | €57k | €145k | ▲ 152% |
| Income taxes67/77 | €39k | €50k | €19k | €19k | €39k | ▲ 105% |
| Profit (loss) for the period9904 | €90k | €103k | €37k | €38k | €106k | ▲ 175% |
| Profit (loss) for the period to be appropriated9905 | €90k | €103k | €37k | €38k | €106k | ▲ 175% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €434k | €571k | €539k | €564k | €674k | ▲ 19.6% |
| Fixed assets21/28 | €10k | €9k | €7k | €9k | €7k | ▼ 20.6% |
| Tangible fixed assets22/27 | €9k | €8k | €6k | €8k | €6k | ▼ 22.5% |
| Plant, machinery and equipment23 | - | €499 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €3k | €2k | ▼ 24.1% |
| Other tangible fixed assets26 | - | €7k | €6k | €5k | €4k | ▼ 21.5% |
| Financial fixed assets28 | €750 | €750 | €750 | €750 | €750 | = |
| Current assets29/58 | €424k | €562k | €532k | €555k | €667k | ▲ 20.3% |
| Amounts receivable within one year40/41 | €55k | €50k | €59k | €28k | €55k | ▲ 93.7% |
| Trade receivables40 | - | €50k | €45k | €27k | €55k | ▲ 101% |
| Other amounts receivable41 | - | - | €14k | €1k | - | - |
| Cash at bank and in hand54/58 | €369k | €512k | €473k | €526k | €612k | ▲ 16.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €434k | €571k | €539k | €564k | €674k | ▲ 19.6% |
| Equity10/15 | €363k | €417k | €393k | €358k | €389k | ▲ 8.8% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €350k | €404k | €380k | €345k | €376k | ▲ 9.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €402k | €378k | €345k | €376k | ▲ 9.1% |
| Profit (loss) carried forward14 | €606 | €608 | €623 | €627 | €630 | ▲ 0.3% |
| Amounts payable17/49 | €71k | €154k | €145k | €206k | €285k | ▲ 38.5% |
| Amounts payable within one year42/48 | €71k | €154k | €145k | €206k | €285k | ▲ 38.5% |
| Trade debts44 | €5k | €1k | €4k | €5k | €5k | ▲ 3.8% |
| Suppliers440/4 | - | €1k | €4k | €5k | €5k | ▲ 3.8% |
| Taxes, remuneration and social security45 | - | €61k | €6k | €7k | €22k | ▲ 228% |
| Taxes450/3 | - | €61k | €6k | €7k | €22k | ▲ 228% |
| Other amounts payable47/48 | - | €91k | €135k | €194k | €258k | ▲ 32.7% |
| Accrued charges and deferred income492/3 | - | €600 | €600 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €90k | €103k | €37k | €38k | €106k | ▲ 175% |
| + Depreciation and write-downs630 | €559 | €2k | €2k | €2k | €2k | ▲ 6.5% |
| Operating cash flow (approximation) | €90k | €105k | €39k | €40k | €108k | ▲ 168% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-4k | €0 | ▲ 100% |
| Change in cash | - | €143k | €-39k | €54k | €86k | ▲ 60.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €106k ▲175%
Net result €106k, the highest in the series.
18-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €37k ▼64.1%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2005
Ground area
111 m²
Building footprint
59 m²
Volume, LiDAR
684 m³
Parcel 11303B0435/00Z004, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CVD Consult
since 20052.153.425.734
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0435/00Z004 | Flanders | 111 m² | 1 · 59 m² | 13.9 m · 4 fl. |
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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 36,561 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
Founded02-11-2005
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.