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CVDH Estate

Active
Private limited companyfounded 2020active for 6 yearsWesterlaan 36, 8790 Waregem, BelgiumKBO/BCE: BE 0745.530.023
Summary

CVDH Estate has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€36,152) and a net result of €49,894. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-03-2020 Normal situation
Activity
Development of residential building projects NACE 68121and 5 others
Establishment unit
2.300.376.378 8790 Waregem, since 19-03-2020
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • TFP VOFDirector · since 19-03-2020
  • VROMAN ALEXANDER CommVDirector · since 19-03-2020

Financial position

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€66,258
▲ 122%
Turnover
≈ €170,000
estimated
Profit
€49,894
Equity
-€36,152
▲ 58.0%
Total assets
€19,263
▼ 95.4%
  • Negative equity on 31-12-2025
Filed on 16-07-2026, 15 days before the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€36,152lowers riskSector: Real estate activities (NACE 68)Liquidity: current ratio 0.35, cash €17,750Size: total assets €19,263Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 59% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 0-4
equity -187.7% of total assets
Liquidity 50+41
short-term debt 287.7% · cash 92.1%
Profitability 100+66
return on assets 259.0%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 2.8% 01-2025: 2.8%● unchanged vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.8%● unchanged vs 02-2025 04-2025: 2.8%● unchanged vs 03-2025 05-2025: 2.6%▼ -0.2 percentage points vs 04-2025 06-2025: 2.6%● unchanged vs 05-2025 07-2025: 2.6%● unchanged vs 06-2025 08-2025: 3.3%▲ +0.7 percentage points vs 07-2025 09-2025: 4.0%▲ +0.7 percentage points vs 08-2025 10-2025: 5.7%▲ +1.7 percentage points vs 09-2025highest value 11-2025: 1.7%▼ -4.0 percentage points vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.8%▲ +0.1 percentage points vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.0%▼ -0.8 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 0.5%▼ -0.5 percentage points vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.35 (0.83 in 2024), below 1. Short-term debt is 287.7% and cash 92.1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 5% of them on solvency, 49% on liquidity, 95% on profitability and 87% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€36,152
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 0.35, cash €17,750
NBB · annual accounts
lowers risk · Size: total assets €19,263
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 17119 sector peers (2025).
NBB · sector comparison
Position among 17119 sector peers
Solvency
better than 5%
← 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 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
15 days early
2024
61 days late
2023
30 days late
2022
31 days late
2021
31 days late
2020
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 21 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€36,152 View
  • Caution: Lower solvency than 95% of companies in real estatesector median 29.0% · 17,119 companies -187.7% View
  • Positive: Back in profit in 2025after a loss of €5,906 in 2024 €49,894 View

Comparable companies

These companies have the same main activity as CVDH Estate: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €15,500 and €29,300, founded between 2017 and 2021.

CompanyTotal assetsGross margin
CVDH Estate Waregem€19,263€66,258
Group IMMOVISION Sprimont€22,210€50,062
STIMMOB Neupré€21,665€78,880
BIGr Antwerpen€25,307€28,060
TKR Zandhoven€16,315€136,458
A2 PROJECTS Ninove€15,452€56,188
SAFIR BOUW Asse€29,310€125,952
Full comparison

Key facts about CVDH Estate

What is the company number of CVDH Estate?
The company number of CVDH Estate is 0745.530.023. The VAT number is the same number with BE in front: BE 0745.530.023.
Where is CVDH Estate based?
The registered office is at Westerlaan 36, 8790 Waregem.Company details
What does CVDH Estate do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of CVDH Estate?
The legal form of CVDH Estate is Private limited company (BV).
When was CVDH Estate founded?
CVDH Estate was founded on 19-03-2020.
Is CVDH Estate still active?
Yes, CVDH Estate is an active enterprise in the KBO register.
What is the turnover of CVDH Estate?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €66,258 and 47 comparable companies (NACE 681). It probably lies between €89,000 and €360,000.Financials
Is CVDH Estate profitable?
In financial year 2025, CVDH Estate made a profit of €49,894.
Where can I find the annual accounts of CVDH Estate?
CVDH Estate filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CVDH Estate due?
CVDH Estate must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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