Summary
CVDD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €96,421 and a net result of €177,384. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 8074 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 8074 sector peers (2025).
NBB · sector comparisonPosition among 8074 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-03-2026, 127 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
127 d early
2024
16 d early
2023
20 d early
2022
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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
27-09-2026 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 Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
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
€96,421▼ 80.7%
2024 · €499,036
Net result
€177,384▲ 2.7%
2024 · €172,778
Total assets
€579,172▼ 7.3%
2024 · €625,033
Solvency
16.6%▼ 63.2pp
2024 · 79.8%
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
Line2022202320242025
Operating result€215,115-€209,842▼ 2.5%€219,663▲ 4.7%€213,026▼ 3.0%
Net result€164,637-€161,613▼ 1.8%€172,778▲ 6.9%€177,384▲ 2.7%
Equity€166,337-€327,117▲ 96.7%€499,036▲ 52.6%€96,421▼ 80.7%
Total assets€232,230-€395,286▲ 70.2%€625,033▲ 58.1%€579,172▼ 7.3%
Debt€65,893-€68,169▲ 3.5%€125,996▲ 84.8%€482,751▲ 283%
Working capital€162,352-€241,379▲ 48.7%€408,294▲ 69.2%€4,832▼ 98.8%
Solvency71.6%-82.8%▲ 11.1pp79.8%▼ 2.9pp16.6%▼ 63.2pp
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Equity -81% on 2024. Cause not known from the registers.
- 2024 Equity +53%, Total assets +58% on 2023. Cause not known from the registers.
- 2023 Equity +97%, Total assets +70% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €579,172
Fixed assets
€91,589 ▲ 0.9%
Current assets
€487,583 ▼ 8.7%
Equity and liabilities €579,172
Equity
€96,421 ▼ 80.7%
Debt
€482,751 ▲ 283%
Debt's share of the balance-sheet total rises from 20.2% to 83.4%. Equity is lower and debt is higher.
Key figures and ratios
ROE
184.0%▲
2024 · 34.6%
ROA
30.6%▲
2024 · 27.6%
Debt ≤ 1 year
€482,751▲
2024 · €125,996
Income taxes
€56,724▲
2024 · €54,005
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63 | €1,264 | €2,068 | €3,069 | ▲ 48.4% |
| Other operating charges640/8 | €50 | €62 | €62 | €462 | ▲ 645% |
| Gross operating margin9900 | €215,228 | €211,167 | €221,793 | €216,556 | ▼ 2.4% |
| Operating profit (loss)9901 | €215,115 | €209,842 | €219,663 | €213,026 | ▼ 3.0% |
| Financial income75/76B | €0 | €2,569 | €7,801 | €24,369 | ▲ 212% |
| Recurring financial income75 | €0 | €2,569 | €7,801 | €24,369 | ▲ 212% |
| Financial charges65/66B | €56 | €121 | €681 | €3,286 | ▲ 383% |
| Recurring financial charges65 | €56 | €121 | €681 | €3,286 | ▲ 383% |
| Profit (loss) for the period before taxes9903 | €215,059 | €212,289 | €226,783 | €234,109 | ▲ 3.2% |
| Income taxes67/77 | €50,422 | €50,676 | €54,005 | €56,724 | ▲ 5.0% |
| Profit (loss) for the period9904 | €164,637 | €161,613 | €172,778 | €177,384 | ▲ 2.7% |
| Profit (loss) for the period to be appropriated9905 | €164,637 | €161,613 | €172,778 | €177,384 | ▲ 2.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €232,230 | €395,286 | €625,033 | €579,172 | ▼ 7.3% |
| Fixed assets21/28 | €3,985 | €85,738 | €90,743 | €91,589 | ▲ 0.9% |
| Tangible fixed assets22/27 | €3,985 | €10,738 | €15,743 | €16,589 | ▲ 5.4% |
| Furniture and vehicles24 | €1,310 | €8,332 | €9,948 | €11,456 | ▲ 15.2% |
| Other tangible fixed assets26 | €2,676 | €2,406 | €5,795 | €5,133 | ▼ 11.4% |
| Financial fixed assets28 | - | €75,000 | €75,000 | €75,000 | = |
| Current assets29/58 | €228,245 | €309,548 | €534,290 | €487,583 | ▼ 8.7% |
| Amounts receivable within one year40/41 | €93,503 | €92,594 | €59,167 | €34,739 | ▼ 41.3% |
| Trade receivables40 | €88,597 | €84,903 | €51,563 | €34,739 | ▼ 32.6% |
| Other amounts receivable41 | €4,906 | €7,691 | €7,604 | - | - |
| Current investments50/53 | - | €194,084 | €407,655 | €415,784 | ▲ 2.0% |
| Cash at bank and in hand54/58 | €134,414 | €22,513 | €67,433 | €37,017 | ▼ 45.1% |
| Deferred charges and accrued income490/1 | €328 | €357 | €34 | €43 | ▲ 25.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €232,230 | €395,286 | €625,033 | €579,172 | ▼ 7.3% |
| Equity10/15 | €166,337 | €327,117 | €499,036 | €96,421 | ▼ 80.7% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €163,837 | €324,617 | €496,536 | €93,921 | ▼ 81.1% |
| Distributable reserves133 | €163,837 | €324,617 | €496,536 | €93,921 | ▼ 81.1% |
| Amounts payable17/49 | €65,893 | €68,169 | €125,996 | €482,751 | ▲ 283% |
| Amounts payable within one year42/48 | €65,893 | €68,169 | €125,996 | €482,751 | ▲ 283% |
| Trade debts44 | €1,899 | €1,947 | €4,322 | €2,369 | ▼ 45.2% |
| Suppliers440/4 | €1,899 | €1,947 | €4,322 | €2,369 | ▼ 45.2% |
| Taxes, remuneration and social security45 | €63,194 | €65,389 | €120,815 | €79,948 | ▼ 33.8% |
| Taxes450/3 | €63,194 | €65,389 | €120,815 | €79,948 | ▼ 33.8% |
| Other amounts payable47/48 | €800 | €833 | €859 | €400,434 | ▲ 46,516% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €164,637 | €161,613 | €172,778 | €177,384 | ▲ 2.7% |
| + Depreciation and write-downs630 | €63 | €1,264 | €2,068 | €3,069 | ▲ 48.4% |
| Operating cash flow (approximation) | €164,700 | €162,877 | €174,846 | €180,453 | ▲ 3.2% |
| Investment in fixed assets (approximation) | - | -€83,017 | -€7,073 | -€3,914 | ▲ 44.7% |
| Change in cash | - | -€111,902 | €44,921 | -€30,417 | ▼ 168% |
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
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €177,384 ▲2.7%
Net result €177,384, the highest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €161,613 ▼1.8%
Net result drops to €161,613, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200,000Eq €327,117 ▲96.7%
2 profitable years in a row build equity to €327,117.
04-10
State Gazette act
Board meeting · Director appointment
Permanent representative
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
State Gazette act
Board meeting · Director resignation
Permanent representative · Director appointment
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Hasselt · 1 establishment unit since 2022
Ground area
219 m²
Building footprint
77 m²
Volume, LiDAR
721 m³
Parcel 71327G0510/00Y000, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CVDD
since 20222.330.960.973
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0510/00Y000 | Flanders | 219 m² | 1 · 77 m² | 12.6 m · 3 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
10.34%
According to the 2025 annual accounts of CVDD and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Magnolia
BE 1015.273.165
Antwerpen · Eq €96,415
S.C. PROJECTS
BE 0821.945.336
Nieuwerkerken (Limb.) · Eq €96,455
PANEAU
BE 0746.600.585
Ieper · Eq €96,469
Axibeton
BE 0885.310.486
Bilzen-Hoeselt · Eq €96,367
Busybee
BE 0835.925.313
Zaventem · Eq €96,363
Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 12,238 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
Founded29-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0785576472
Also
9925:BE0785576472
Registered
16-07-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.