CVS GROUP
ActiveSummary
The computed 12-month bankruptcy probability of CVS GROUP is 3.0% (moderate). The 2024 annual accounts show negative equity (€-29k) and a net result of €-18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 5893 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 0.43 in 2023; short-term debt: 132.8% and cash: 6.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-32.8%
Return on assets
-20.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-29k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 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
not confirmed
2024
81 d late
2023
163 d late
2022
129 d late
2021
269 d late
2020
326 d late
2019
333 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-29k▼ 175%
2023 · €-10k
2018: €-960
2019: €4k▲ +527% vs 2018highest in 7 years
2020: €4k● 0.0% vs 2019highest in 7 years
2021: €-999▼ -124% vs 2020
2022: €1k▲ +241% vs 2021
2023: €-10k▼ -835% vs 2022
2024: €-29k▼ -175% vs 2023lowest in 7 years
2018 → 2024
Total assets
€87k▲ 807%
2023 · €10k
2018: €36k
2019: €90k▲ +148% vs 2018
2020: €289k▲ +221% vs 2019highest in 7 years
2021: €277k▼ -3.9% vs 2020
2022: €40k▼ -85.5% vs 2021
2023: €10k▼ -76.2% vs 2022lowest in 7 years
2024: €87k▲ +807% vs 2023
2018 → 2024
Net result
€-18k▼ 54.0%
2023 · €-12k
2018: €-20klowest value
2019: €5k▲ +126% vs 2018highest value
2021: €-5k
2022: €2k▲ +147% vs 2021
2023: €-12k▼ -589% vs 2022
2024: €-18k▼ -54.0% vs 2023
2018 → 2024
Working capital
€-29k▼ 155%
2023 · €-11k
2018: €-19k
2019: €68k▲ +463% vs 2018
2020: €201k▲ +194% vs 2019highest in 7 years
2021: €197k▼ -1.6% vs 2020
2022: €-335▼ -100% vs 2021
2023: €-11k▼ -3277% vs 2022
2024: €-29k▼ -155% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4k-€-999€1k€-10k€-29k▼ 175%
2020: €4khighest in 5 years
2021: €-999▼ -124% vs 2020
2022: €1k▲ +241% vs 2021
2023: €-10k▼ -835% vs 2022
2024: €-29k▼ -175% vs 2023lowest in 5 years
Operating result€-2k-€-9k▼ 370%€4k€-12k€-4k▲ 65.9%
2020: €-2k
2021: €-9k▼ -370% vs 2020
2022: €4k▲ +150% vs 2021highest in 5 years
2023: €-12k▼ -360% vs 2022lowest in 5 years
2024: €-4k▲ +65.9% vs 2023
Net result€-5k€2k€-12k€-18k▼ 54.0%
2021: €-5k
2022: €2k▲ +147% vs 2021highest in 4 years
2023: €-12k▼ -589% vs 2022
2024: €-18k▼ -54.0% vs 2023lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €12k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €87k
Fixed assets
€284 ▼ 69.8%
Current assets
€87k ▲ 902%
Key figures and ratios
EBITDA
€-3k▲
2023 · €-11k
Cash flow
€-17k▼
2023 · €-11k
Solvency
-32.8%▲
2023 · -108.3%
Current ratio
0.75▲
2023 · 0.43
Debt to equity
-4.04▼
2023 · -1.92
ROA
-20.9%▲
2023 · -123.1%
Interest coverage
-56.67▲
2023 · -79.89
Debt
€115k▲
2023 · €20k
Debt ≤ 1 year
€115k▲
2023 · €20k
Income taxes
€14k
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€10k€87k▲
Fixed assets21/28€939€284▼
Tangible fixed assets22/27€939€284▼
Furniture and vehicles24€939€284▼
Current assets29/58€9k€87k▲
Amounts receivable within one year40/41€2k€81k▲
Trade receivables40€824€81k▲
Other amounts receivable41€1k€10▼
Cash at bank and in hand54/58€5k€5k▲
Deferred charges and accrued income490/1€1k€224▼
Equity and liabilities
Total equity and liabilities10/49€10k€87k▲
Equity10/15€-10k€-29k▼
Contributions10/11€19k€20k▲
Reserves13€2k-
Non-distributable reserves130/1€2k-
Other1319€2k-
Profit (loss) carried forward14€-31k€-49k▼
Amounts payable17/49€20k€115k▲
Amounts payable within one year42/48€20k€115k▲
Financial debts43€6€6=
Credit institutions430/8€6€6=
Trade debts44€820€99k▲
Suppliers440/4€820€99k▲
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€18k€16k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€808€655▼
Other operating charges640/8€2k€113▼
Gross operating margin9900€-8k€-3k▲
Operating profit (loss)9901€-12k€-4k▲
Financial charges65/66B€136€59▼
Recurring financial charges65€136€59▼
Profit (loss) for the period before taxes9903€-12k€-4k▲
Income taxes67/77-€14k
Profit (loss) for the period9904€-12k€-18k▼
Profit (loss) for the period to be appropriated9905€-12k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-49k▼
Profit (loss) brought forward from the previous period14P€-19k€-31k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €209 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €78 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €416 | €641 | €990 | €808 | €655 | ▼ 18.9% |
| Other operating charges640/8 | €1k | €4k | €1k | €2k | €113 | ▼ 95.2% |
| Gross operating margin9900 | €-438 | €-4k | €7k | €-8k | €-3k | ▲ 62.3% |
| Operating profit (loss)9901 | €-2k | €-9k | €4k | €-12k | €-4k | ▲ 65.9% |
| Financial income75/76B | €9k | €6k | €60 | - | - | - |
| Recurring financial income75 | €2 | €6k | €60 | - | - | - |
| Non-recurring financial income76B | €9k | €6k | - | - | - | - |
| Financial charges65/66B | €7k | €2k | €376 | €136 | €59 | ▼ 56.8% |
| Recurring financial charges65 | €7k | €323 | €376 | €136 | €59 | ▼ 56.8% |
| Non-recurring financial charges66B | - | €1k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | - | €-5k | €4k | €-12k | €-4k | ▲ 65.8% |
| Income taxes67/77 | - | - | €2k | - | €14k | - |
| Profit (loss) for the period9904 | - | €-5k | €2k | €-12k | €-18k | ▼ 54.0% |
| Profit (loss) for the period to be appropriated9905 | €0 | €-5k | €2k | €-12k | €-18k | ▼ 54.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €289k | €277k | €40k | €10k | €87k | ▲ 807% |
| Fixed assets21/28 | €3k | €2k | €2k | €939 | €284 | ▼ 69.8% |
| Tangible fixed assets22/27 | €3k | €2k | €2k | €939 | €284 | ▼ 69.8% |
| Land and buildings22 | €1k | - | - | - | - | - |
| Furniture and vehicles24 | €2k | €2k | €2k | €939 | €284 | ▼ 69.8% |
| Current assets29/58 | €285k | €276k | €38k | €9k | €87k | ▲ 902% |
| Stocks and contracts in progress3 | €74k | €80k | - | - | - | - |
| Stocks30/36 | €74k | €80k | - | - | - | - |
| Amounts receivable within one year40/41 | €36k | €50k | €24k | €2k | €81k | ▲ 4,211% |
| Trade receivables40 | €35k | €37k | €24k | €824 | €81k | ▲ 9,727% |
| Other amounts receivable41 | €420 | €13k | - | €1k | €10 | ▼ 99.1% |
| Cash at bank and in hand54/58 | €175k | €145k | €13k | €5k | €5k | ▲ 0.8% |
| Deferred charges and accrued income490/1 | €678 | €198 | €1k | €1k | €224 | ▼ 84.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €289k | €277k | €40k | €10k | €87k | ▲ 807% |
| Equity10/15 | €4k | €-999 | €1k | €-10k | €-29k | ▼ 175% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €20k | ▲ 10.0% |
| Reserves13 | €2k | €2k | €2k | €2k | - | - |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Other1319 | - | €2k | €2k | €2k | - | - |
| Profit (loss) carried forward14 | €-16k | €-21k | €-19k | €-31k | €-49k | ▼ 58.9% |
| Amounts payable17/49 | €285k | €278k | €39k | €20k | €115k | ▲ 478% |
| Amounts payable after more than one year17 | €200k | €200k | - | - | - | - |
| Financial debts170/4 | €200k | €200k | - | - | - | - |
| Amounts payable within one year42/48 | €85k | €78k | €39k | €20k | €115k | ▲ 478% |
| Financial debts43 | - | €7 | €6 | €6 | €6 | = |
| Credit institutions430/8 | - | €7 | €6 | €6 | €6 | = |
| Trade debts44 | €37k | €71k | €23k | €820 | €99k | ▲ 12,020% |
| Suppliers440/4 | €37k | €71k | €23k | €820 | €99k | ▲ 12,020% |
| Taxes, remuneration and social security45 | €29k | €7k | €12k | €2k | - | - |
| Taxes450/3 | €29k | €7k | €12k | €2k | - | - |
| Other amounts payable47/48 | €19k | €424 | €3k | €18k | €16k | ▼ 8.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | - | €-5k | €2k | €-12k | €-18k | ▼ 54.0% |
| + Depreciation and write-downs630 | €416 | €641 | €990 | €808 | €655 | ▼ 18.9% |
| Operating cash flow (approximation) | €416 | €-4k | €3k | €-11k | €-17k | ▼ 59.4% |
| Investment in fixed assets (approximation) | - | €1k | €-1k | €0 | €0 | - |
| Change in cash | - | €-29k | €-133k | €-7k | €43 | ▲ 101% |
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
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 81 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 163 days late
2023
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 129 days late
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 269 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 326 days late
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 333 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 4.38
Current ratio from 0.48 to 4.38; short-term debt falls from €36k to €20k.
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 126 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, La Louvière · 2 establishment units since 2017
Ground area
259 m²
Building footprint
170 m²
Volume, LiDAR
1,152 m³
2 parcels, Wallonia · tallest building 11.5 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
CVS Group
since 20172.268.869.392
Vr-46 Pro Clean
since 20172.268.869.491
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55373B0029/00S041 | Wallonia | 138 m² | 1 · 107 m² | 11.5 m · 4 fl. |
| 55373B0095/00N005 | Wallonia | 120 m² | 1 · 63 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,352 companies in sector 81210 we hold annual accounts for 2,733. 590 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
Founded13-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
62900Other information technology and computer services
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Contact
Phone
0497700078La Louvière
Scores and ratios are computed by Checked and are not a credit decision.