CVdA Management
ActiveSummary
CVdA Management has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,000 and a net result of €357,306. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 11% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency27▼-1
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.04 in 2024; short-term debt: 97.6% and cash: 88.6% of total assets), and 97.7% of the assets are financed with debt.
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Signals
Five 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
2.3%
Return on assets
83.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 32023 sector peers (2025).
NBB · sector comparisonPosition among 32023 sector peers
Solvency
better than 11%
← weakest
strongest →
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 06-01-2026, 25 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
25 d early
2024
29 d early
2023
43 d early
2022
43 d early
2021
42 d early
← 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 36 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 20 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€10,000=
2024 · €10,000
Total assets
€427,006▲ 46.0%
2024 · €292,390
Net result
€357,306▲ 41.9%
2024 · €251,769
Working capital
€10,386▲ 1.3%
2024 · €10,257
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€1,888--€2,389▼ 26.5%-€2,074▲ 13.2%€327,443€477,005▲ 45.7%
Net result-€1,976below the sector's middle half--€2,577below the sector's middle half▼ 30.4%-€2,186below the sector's middle half▲ 15.2%€251,769above the sector's middle half€357,306above the sector's middle half▲ 41.9%
Equity€8,024below the sector's middle half-€5,447below the sector's middle half▼ 32.1%€3,262below the sector's middle half▼ 40.1%€10,000below the sector's middle half▲ 207%€10,000below the sector's middle half=
Total assets€9,424below the sector's middle half-€5,447below the sector's middle half▼ 42.2%€3,272below the sector's middle half▼ 39.9%€292,390within the sector's middle half▲ 8,837%€427,006within the sector's middle half▲ 46.0%
Debt€1,400-€0▼ 100%€10€282,390▲ 2,855,208%€417,006▲ 47.7%
Working capital€8,024within the sector's middle half-€5,447within the sector's middle half▼ 32.1%€3,262within the sector's middle half▼ 40.1%€10,257within the sector's middle half▲ 214%€10,386within the sector's middle half▲ 1.3%
Solvency85.1%above the sector's middle half-100.0%above the sector's middle half▲ 14.9pp3.4%below the sector's middle half2.3%below the sector's middle half▼ 1.1pp
Current ratio6.73above the sector's middle half-1.04below the sector's middle half1.02within the sector's middle half▼ 0.01
Return on assets (ROA)-21.0%below the sector's middle half--47.3%below the sector's middle half▼ 26.3pp86.1%above the sector's middle half83.7%above the sector's middle half▼ 2.4pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 46% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €427,006
Equity
€10,000 =
Debt
€417,006 ▲ 47.7%
Debt's share of the balance-sheet total rises from 96.6% to 97.7%. Debt is higher.
Key figures and ratios
Debt to equity
41.70▲
2024 · 28.24
Debt ≤ 1 year
€416,620▲
2024 · €282,133
Income taxes
€119,102▲
2024 · €75,267
A ratio outside any meaningful range has been withheld (balance sheet total €427,006, equity €10,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,153 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €654 | €460 | €504 | €513 | ▲ 1.8% |
| Gross operating margin9900 | -€1,716 | -€1,735 | -€1,614 | €327,948 | €477,518 | ▲ 45.6% |
| Operating profit (loss)9901 | -€1,888 | -€2,389 | -€2,074 | €327,443 | €477,005 | ▲ 45.7% |
| Financial income75/76B | - | €0 | €1 | €0 | - | - |
| Recurring financial income75 | - | €0 | €1 | €0 | - | - |
| Financial charges65/66B | - | €188 | €113 | €407 | €596 | ▲ 46.5% |
| Recurring financial charges65 | €88 | €188 | €113 | €407 | €596 | ▲ 46.5% |
| Profit (loss) for the period before taxes9903 | -€1,976 | -€2,577 | -€2,186 | €327,036 | €476,409 | ▲ 45.7% |
| Income taxes67/77 | - | - | - | €75,267 | €119,102 | ▲ 58.2% |
| Profit (loss) for the period9904 | -€1,976 | -€2,577 | -€2,186 | €251,769 | €357,306 | ▲ 41.9% |
| Profit (loss) for the period to be appropriated9905 | -€1,976 | -€2,577 | -€2,186 | €251,769 | €357,306 | ▲ 41.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9,424 | €5,447 | €3,272 | €292,390 | €427,006 | ▲ 46.0% |
| Current assets29/58 | €9,424 | €5,447 | €3,272 | €292,390 | €427,006 | ▲ 46.0% |
| Amounts receivable within one year40/41 | €319 | €65 | €79 | €42,350 | €48,400 | ▲ 14.3% |
| Trade receivables40 | - | - | - | €42,350 | €48,400 | ▲ 14.3% |
| Other amounts receivable41 | - | €65 | €79 | €0 | - | - |
| Cash at bank and in hand54/58 | €8,687 | €5,139 | €2,929 | €249,776 | €378,282 | ▲ 51.4% |
| Deferred charges and accrued income490/1 | - | €243 | €264 | €264 | €324 | ▲ 23.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9,424 | €5,447 | €3,272 | €292,390 | €427,006 | ▲ 46.0% |
| Equity10/15 | €8,024 | €5,447 | €3,262 | €10,000 | €10,000 | = |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€1,976 | -€4,553 | -€6,738 | €0 | €0 | - |
| Amounts payable17/49 | €1,400 | €0 | €10 | €282,390 | €417,006 | ▲ 47.7% |
| Amounts payable within one year42/48 | €1,400 | €0 | €10 | €282,133 | €416,620 | ▲ 47.7% |
| Taxes, remuneration and social security45 | - | - | €10 | €32,102 | €54,133 | ▲ 68.6% |
| Taxes450/3 | - | - | €10 | €32,102 | €54,133 | ▲ 68.6% |
| Other amounts payable47/48 | - | €0 | - | €250,031 | €362,486 | ▲ 45.0% |
| Accrued charges and deferred income492/3 | - | - | - | €257 | €386 | ▲ 50.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,976 | -€2,577 | -€2,186 | €251,769 | €357,306 | ▲ 41.9% |
| Operating cash flow (approximation) | -€1,976 | -€2,577 | -€2,186 | €251,769 | €357,306 | ▲ 41.9% |
| Change in cash | - | -€3,547 | -€2,211 | €246,848 | €128,505 | ▼ 47.9% |
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
06-05
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2021net €357,306 ▲41.9%
Operating result €477,005, net result €357,306, both a record.
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €251,769
Net result €251,769 after 3 loss-making years.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet -€2,577
Net result drops to -€2,577, the lowest in the series; recovery starts the following year.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB 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, Waregem · 1 establishment unit since 2020
Ground area
1.4 ha
Building footprint
614 m²
Volume, LiDAR
4,492 m³
Parcel 34006A0449/00N000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
CVdA Management
since 20202.308.900.995
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006A0449/00N000 | Flanders | 1.4 ha | 1 · 614 m² | 9.2 m · 2 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 82,641 companies in sector 70200 we hold annual accounts for 52,636. 22,984 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
Founded07-10-2020
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0755845378
Registered
17-11-2025
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.