CVS Projects
ActiveSummary
The computed 12-month bankruptcy probability of CVS Projects is 3.2% (moderate). The 2025 annual accounts show equity of €34k and a net result of €-16k. 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 €1k 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.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
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
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 trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, micro schema
Equity
€34k▼ 32.2%
2024 · €50k
Total assets
€61k▼ 26.0%
2024 · €82k
Net result
€-16k
2024 · €47k
Working capital
€-2k
2024 · €15k
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€59k-€-15k
Net result€47k-€-16k
Equity€50k-€34k▼ 32.2%
Total assets€82k-€61k▼ 26.0%
Debt€33k-€27k▼ 16.7%
Working capital€15k-€-2k
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 €15k after €59k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€35k ▼ 12.0%
Current assets
€26k ▼ 39.2%
Equity and liabilities €61k
Equity
€34k ▼ 32.2%
Debt
€27k ▼ 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
€-5k▼
2024 · €66k
Cash flow
€-6k▼
2024 · €53k
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
€27k=
2024 · €27k
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 | €6k | €10k | ▲ 58.4% |
| Other operating charges640/8 | €2k | €7k | ▲ 208% |
| Gross operating margin9900 | €69k | €2k | ▼ 97.7% |
| Operating profit (loss)9901 | €59k | €-15k | ▼ 126% |
| Financial charges65/66B | €722 | €669 | ▼ 7.3% |
| Recurring financial charges65 | €722 | €669 | ▼ 7.3% |
| Profit (loss) for the period before taxes9903 | €59k | €-16k | ▼ 127% |
| Income taxes67/77 | €12k | - | - |
| Profit (loss) for the period9904 | €47k | €-16k | ▼ 134% |
| Profit (loss) for the period to be appropriated9905 | €47k | €-16k | ▼ 134% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €82k | €61k | ▼ 26.0% |
| Fixed assets21/28 | €40k | €35k | ▼ 12.0% |
| Tangible fixed assets22/27 | €40k | €35k | ▼ 12.0% |
| Plant, machinery and equipment23 | €782 | €1k | ▲ 50.0% |
| Furniture and vehicles24 | €39k | €34k | ▼ 13.3% |
| Current assets29/58 | €42k | €26k | ▼ 39.2% |
| Amounts receivable within one year40/41 | €3k | €16k | ▲ 375% |
| Other amounts receivable41 | €3k | €16k | ▲ 375% |
| Cash at bank and in hand54/58 | €39k | €9k | ▼ 76.8% |
| Deferred charges and accrued income490/1 | - | €497 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €82k | €61k | ▼ 26.0% |
| Equity10/15 | €50k | €34k | ▼ 32.2% |
| Contributions10/11 | €3k | €3k | = |
| Profit (loss) carried forward14 | €47k | €31k | ▼ 34.3% |
| Amounts payable17/49 | €33k | €27k | ▼ 16.7% |
| Amounts payable after more than one year17 | €5k | - | - |
| Financial debts170/4 | €5k | - | - |
| Amounts payable within one year42/48 | €27k | €27k | = |
| Current portion of amounts payable after more than one year42 | €11k | €5k | ▼ 55.1% |
| Trade debts44 | €3k | €1k | ▼ 47.6% |
| Suppliers440/4 | €3k | €1k | ▼ 47.6% |
| Taxes, remuneration and social security45 | €14k | €21k | ▲ 54.8% |
| Taxes450/3 | €12k | €12k | = |
| Remuneration and social security454/9 | €1k | €9k | ▲ 529% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €47k | €-16k | ▼ 134% |
| + Depreciation and write-downs630 | €6k | €10k | ▲ 58.4% |
| Operating cash flow (approximation) | €53k | €-6k | ▼ 111% |
| Investment in fixed assets (approximation) | - | €-5k | - |
| Change in cash | - | €-30k | - |
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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.
Similar companies · same sector, comparable size
BATI CHAPE
BE 0544.877.209
Anderlues · Eq €33,505
VIBO
BE 0735.566.836
Herk-de-Stad · Eq €33,885
Jean-Claude FRANCOIS
BE 0679.577.842
Waremme · Eq €33,253
OREVA
BE 0785.732.563
Courcelles · Eq €33,001
ALFA BETONVLOEREN
BE 1003.246.947
Heusden-Zolder · Eq €34,937
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.