CVS Projects
ActiveSummary
The computed 12-month bankruptcy probability of CVS Projects is 3.2% (moderate). The 2025 annual accounts show equity of €33,592 and a net result of -€15,948. Its solvency ranks better than 59% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency80▼-5
Growth32
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.94 against 1.55 in 2024; short-term debt: 44.8% and cash: 14.8% of total assets), and 44.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
55.2%
Return on assets
-26.2%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
60 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€33,592▼ 32.2%
2024 · €49,540
Total assets
€60,878▼ 26.0%
2024 · €82,284
Net result
-€15,948
2024 · €46,540
Working capital
-€1,557
2024 · €15,045
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
Line20242025
Operating result€59,260--€15,279
Net result€46,540--€15,948
Equity€49,540-€33,592▼ 32.2%
Total assets€82,284-€60,878▼ 26.0%
Debt€32,744-€27,286▼ 16.7%
Working capital€15,045--€1,557
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15,279 after €59,260 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60,878
Fixed assets
€35,149 ▼ 12.0%
Current assets
€25,729 ▼ 39.2%
Equity and liabilities €60,878
Equity
€33,592 ▼ 32.2%
Debt
€27,286 ▼ 16.7%
Debt's share of the balance-sheet total rises from 39.8% to 44.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€5,319▼
2024 · €65,549
Cash flow
-€5,988▼
2024 · €52,829
Current ratio
0.94▼
2024 · 1.55
Debt to equity
0.81▲
2024 · 0.66
ROE
-47.5%▼
2024 · 93.9%
ROA
-26.2%▼
2024 · 56.6%
Interest coverage
-7.95▼
2024 · 90.77
Debt ≤ 1 year
€27,286=
2024 · €27,288
Staff costs
€264▼
2024 · €986
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €986 | €264 | ▼ 73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,289 | €9,960 | ▲ 58.4% |
| Other operating charges640/8 | €2,161 | €6,661 | ▲ 208% |
| Gross operating margin9900 | €68,696 | €1,606 | ▼ 97.7% |
| Operating profit (loss)9901 | €59,260 | -€15,279 | ▼ 126% |
| Financial charges65/66B | €722 | €669 | ▼ 7.3% |
| Recurring financial charges65 | €722 | €669 | ▼ 7.3% |
| Profit (loss) for the period before taxes9903 | €58,538 | -€15,948 | ▼ 127% |
| Income taxes67/77 | €11,998 | - | - |
| Profit (loss) for the period9904 | €46,540 | -€15,948 | ▼ 134% |
| Profit (loss) for the period to be appropriated9905 | €46,540 | -€15,948 | ▼ 134% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €82,284 | €60,878 | ▼ 26.0% |
| Fixed assets21/28 | €39,950 | €35,149 | ▼ 12.0% |
| Tangible fixed assets22/27 | €39,950 | €35,149 | ▼ 12.0% |
| Plant, machinery and equipment23 | €782 | €1,173 | ▲ 50.0% |
| Furniture and vehicles24 | €39,168 | €33,975 | ▼ 13.3% |
| Current assets29/58 | €42,333 | €25,729 | ▼ 39.2% |
| Amounts receivable within one year40/41 | €3,408 | €16,203 | ▲ 375% |
| Other amounts receivable41 | €3,408 | €16,203 | ▲ 375% |
| Cash at bank and in hand54/58 | €38,925 | €9,029 | ▼ 76.8% |
| Deferred charges and accrued income490/1 | - | €497 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €82,284 | €60,878 | ▼ 26.0% |
| Equity10/15 | €49,540 | €33,592 | ▼ 32.2% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €46,540 | €30,592 | ▼ 34.3% |
| Amounts payable17/49 | €32,744 | €27,286 | ▼ 16.7% |
| Amounts payable after more than one year17 | €5,456 | - | - |
| Financial debts170/4 | €5,456 | - | - |
| Amounts payable within one year42/48 | €27,288 | €27,286 | = |
| Current portion of amounts payable after more than one year42 | €11,164 | €5,009 | ▼ 55.1% |
| Trade debts44 | €2,621 | €1,374 | ▼ 47.6% |
| Suppliers440/4 | €2,621 | €1,374 | ▼ 47.6% |
| Taxes, remuneration and social security45 | €13,503 | €20,903 | ▲ 54.8% |
| Taxes450/3 | €12,103 | €12,103 | = |
| Remuneration and social security454/9 | €1,400 | €8,800 | ▲ 529% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €46,540 | -€15,948 | ▼ 134% |
| + Depreciation and write-downs630 | €6,289 | €9,960 | ▲ 58.4% |
| Operating cash flow (approximation) | €52,829 | -€5,988 | ▼ 111% |
| Investment in fixed assets (approximation) | - | -€5,159 | - |
| Change in cash | - | -€29,896 | - |
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
05-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 09/06/2026
- Registered-office move, Wilgendaal 17 b16, 1731 Zellik
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
State Gazette actNBB filing
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 2023
Ground area
3,589 m²
Building footprint
693 m²
Volume, LiDAR
6,880 m³
2 parcels, Flanders · tallest building 23.8 m, ±7 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
CVS projects
since 20232.350.008.310
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095C0183/00V004 | Flanders | 3,016 m² | 1 · 536 m² | 23.8 m · 7 fl. |
| 23095C0073/00A051 | Flanders | 572 m² | 1 · 158 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 751 companies in sector 43422 we hold annual accounts for 424. 327 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
Founded20-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
Scores and ratios are computed by Checked and are not a credit decision.