CVS CARGO GROUP
ActiveSummary
The computed 12-month bankruptcy probability of CVS CARGO GROUP is 2.6% (moderate). The 2025 annual accounts show equity of €281k and a net result of €96k. Equity is growing by ~83.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 4603 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-13
Solvency46▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.89 against 1.19 in 2024; short-term debt: 42.6% of total assets), and 78.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
21.4%
Return on assets
7.3%
Age of the figures
15 mo
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
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 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 · 7 filingsDeviation from the deadline
2025
11 d late
2024
on the day
2023
15 d early
2022
41 d late
2021
26 d early
2020
60 d late
2019
27 d late
← 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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€281k▲ 52.2%
2024 · €185k
2019: €4k
2020: €16k
2021: €33k
2022: €81k
2023: €101k
2024: €185k
2019 → 2025
Total assets
€1.31M▲ 97.0%
2024 · €667k
2019: €263k
2020: €310k
2021: €414k
2022: €540k
2023: €512k
2024: €667k
2019 → 2025
Net result
€96k▼ 3.2%
2024 · €100k
2019: €-15k
2020: €13k
2021: €42k
2022: €65k
2023: €20k
2024: €100k
2019 → 2025
Working capital
€-59k
2024 · €59k
2019: €-50k
2020: €-47k
2021: €-74k
2022: €-70k
2023: €-32k
2024: €59k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€81k▲ 145%€101k▲ 25.4%€185k▲ 82.8%€281k▲ 52.2%
Operating result€57k-€88k▲ 53.5%€49k▼ 44.8%€146k▲ 201%€201k▲ 37.5%
Net result€42k-€65k▲ 55.7%€20k▼ 68.3%€100k▲ 387%€96k▼ 3.2%
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 38% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31M
Fixed assets
€814k ▲ 176%
Current assets
€500k ▲ 34.4%
Equity and liabilities €1.31M
Equity
€281k ▲ 52.2%
Debt
€1.03M ▲ 114%
Debt's share of the balance-sheet total rises from 72.3% to 78.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€323k▲
2024 · €206k
Cash flow
€218k▲
2024 · €159k
Current ratio
0.89▼
2024 · 1.19
Debt to equity
3.67▲
2024 · 2.61
ROE
34.3%▼
2024 · 53.9%
ROA
7.3%▼
2024 · 15.0%
Interest coverage
5.54▼
2024 · 11.79
Debt ≤ 1 year
€559k▲
2024 · €313k
Debt > 1 year
€473k▲
2024 · €169k
Income taxes
€54k▲
2024 · €33k
Staff costs
€418k▲
2024 · €172k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€667k€1.31M▲
Fixed assets21/28€294k€814k▲
Tangible fixed assets22/27€292k€808k▲
Land and buildings22€7k€6k▼
Furniture and vehicles24€45k€53k▲
Leasing and similar rights25€240k€750k▲
Financial fixed assets28€3k€6k▲
Current assets29/58€372k€500k▲
Amounts receivable within one year40/41€372k€499k▲
Trade receivables40€244k€378k▲
Other amounts receivable41€128k€121k▼
Deferred charges and accrued income490/1€159€903▲
Equity and liabilities
Total equity and liabilities10/49€667k€1.31M▲
Equity10/15€185k€281k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€72k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133-€70k
Profit (loss) carried forward14€164k€191k▲
Amounts payable17/49€482k€1.03M▲
Amounts payable after more than one year17€169k€473k▲
Financial debts170/4€169k€473k▲
Amounts payable within one year42/48€313k€559k▲
Current portion of amounts payable after more than one year42€92k€247k▲
Financial debts43€101k€60k▼
Credit institutions430/8€56k€60k▲
Other loans439€45k-
Trade debts44-€118k
Suppliers440/4-€118k
Taxes, remuneration and social security45€105k€135k▲
Taxes450/3€85k€112k▲
Remuneration and social security454/9€20k€22k▲
Other amounts payable47/48€16k-
Income statement
Code20242025
Remuneration, social security and pensions62€172k€418k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€122k▲
Other operating charges640/8€41k€80k▲
Non-recurring operating charges66A€5k-
Gross operating margin9900€425k€821k▲
Operating profit (loss)9901€146k€201k▲
Financial income75/76B€3k€7k▲
Recurring financial income75€3k€7k▲
Financial charges65/66B€17k€58k▲
Recurring financial charges65€17k€58k▲
Profit (loss) for the period before taxes9903€132k€150k▲
Income taxes67/77€33k€54k▲
Profit (loss) for the period9904€100k€96k▼
Profit (loss) for the period to be appropriated9905€100k€96k▼
Appropriation of the result
Profit (loss) to be appropriated9906€180k€261k▲
Profit (loss) brought forward from the previous period14P€81k€164k▲
Transfer to equity691/2-€70k
To other reserves6921-€70k
Profit to be distributed694/7€16k-
Directors or managers695€16k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
30-06
Financial
Equity above €200kEq €281k ▲52.2%
6 profitable years in a row build equity to €281k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €100k ▲387%
Net result €100k, the highest in the series.
30-06
Financial
Equity above €150kEq €185k ▲82.8%
5 profitable years in a row build equity to €185k.
16-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €100kEq €101k ▲25.4%
4 profitable years in a row build equity to €101k.
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 41 days late
2022
05-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
30-06
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Asse · 4 establishment units since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Z. 3 Doornveld 1911731 AsseGround area
8,066 m²
Building footprint
3,895 m²
Volume, LiDAR
16,314 m³
5 parcels, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
4 establishment units
CVS CARGO GROUP
since 20182.281.182.454
CVS 1
since 20262.386.890.876
CVS 2
since 20262.386.891.668
CVS 3
since 20262.386.892.658
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24130C0342/00A000 | Flanders | 4,428 m² | 1 · 432 m² | - |
| 46005A0012/00M049 | Flanders | 2,791 m² | 1 · 1,579 m² | 14.3 m · 2 fl. |
| 23095B0237/00A000 | Flanders | 483 m² | 1 · 1,650 m² | 5.7 m · 1 fl. |
| 73049B0443/00S000 | Flanders | 246 m² | 1 · 117 m² | 9.4 m · 2 fl. |
| 71053H0955/00F000 | Flanders | 118 m² | 1 · 118 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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PETROMA TRANSPORTS
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Seneffe · Eq €281,450
MEUWISSEN TRANSPORT
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VRD BENELUX
BE 0875.947.513
Bornem · Eq €280,877
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,907 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-03-2018
Fiscal year end30-06
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.