Result
-€15,948 -€15,948
From profit to loss in 2025, after a profit of €46,540 in 2024.
CVS Projects
Overview
Lifetime
2 annual accounts with figures on one time axispeak €68,696 (2024)
€1,606▼ 97.7%
lowest -€15,948 (2025)
-€15,948▼ €62,488
peak €49,540 (2024)
€33,592▼ 32.2%
€27,286▼ 16.7%
Board1 name since 2023
1 director
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €68,696 to €1,606Loss of €15,948Equity from €49,540 to €33,592Debts from €32,744 to €27,286Cash from €38,925 to €9,029
Key points
from the 2025 annual accountsTurnover
≈ €19,000 estimated
The micro format states no turnover.
Liquidity
0.94 was 1.55 in 2024
Short-term debts fell from €27,288 to €27,286.
Starting capital
€3,000 100 shares
At the same address
9 companies
Position in the sector
-€15,948
Lower net result than 91% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,223 companies had the same profile as CVS Projects has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for CVS Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Asse to Zellik
New registered office: Wilgendaal 17 b16, 1731 Zellik · Previous registered office: Jan Dekinderstraat 18 bus 3, 1731 Asse · Board meeting of 09-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1000082866
Incorporation
Founding capital of €3,000, 100 shares · Founder: (oprichter verschijner) · Appointment: (director) · published on 22-09-2023 · Gazette deed
First establishment
Jan Dekinderstraat 18, Asse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CVS Projects Asse | €60,878 | €1,606 | 55.2% | - |
| ATLASTIC Bilzen-Hoeselt | €61,030 | -€6,485 | 29.3% | - |
| ALIANA CONSTRUCT Haaltert | €41,388 | €2,371 | 1.7% | - |
| MISTER BETON Sint-Genesius-Rode | €25,929 | €887 | 42.5% | - |
| SV COMPANY Sint-Pieters-Leeuw | €52,974 | €5,207 | 25.9% | - |
| CETEC Wetteren | €198,288 | €3,995 | 6.4% | - |
| CTL GROUP Asse | €64,049 | €8,067 | 16.1% | - |
These companies have the same main activity as CVS Projects: screed work (NACE 43422). They are comparable in size and age: total assets between €25,900 and €198,000, founded between 2022 and 2025.
Official details
Source: KBO- Status
- Active since 20-09-2023Normal situation
- Registered office
- 11 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Screed workNACE 43422
- Establishment unit
- 2.350.008.3101731 Asse, since 20-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 27-01-2026
Annual accounts 2025
- €1,606▼ 97.7%
- €15,948
- €33,592▼ 32.2%
- €60,878▼ 26.0%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on CVS Projects
The 2025 annual accounts show equity of €33,592 and a net result of -€15,948. Its solvency ranks better than 60% of 35,156 sector peers (NACE 43, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadline€1,606
▼ 97.7%
-€15,279
▼ €74,539
-€15,948
▼ €62,488
-€1,557
▼ €16,602
55.2%
▼ 5.0 percentage points
0.94
▼ 0.61
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €19,000. Estimated: probably between €11,000 and €32,000.
Balance sheet
balance sheet total €60,878 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
55.2%
Higher than 60% of 35,156 companies in 2025.
0.94
Higher than 19% of 34,529 companies in 2025.
-26.2%
Higher than 6% of 34,730 companies in 2025.
CVS Projects
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
60,878 | 82,284 | |
21/28 |
35,149 | 39,950 | |
22/27 |
35,149 | 39,950 | |
23 |
1,173 | 782 | |
24 |
33,975 | 39,168 | |
29/58 |
25,729 | 42,333 | |
40/41 |
16,203 | 3,408 | |
41 |
16,203 | 3,408 | |
54/58 |
9,029 | 38,925 | |
490/1 |
497 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
60,878 | 82,284 | |
10/15 |
33,592 | 49,540 | |
10/11 |
3,000 | 3,000 | |
14 |
30,592 | 46,540 | |
17/49 |
27,286 | 32,744 | |
17 |
- | 5,456 | |
170/4 |
- | 5,456 | |
42/48 |
27,286 | 27,288 | |
42 |
5,009 | 11,164 | |
44 |
1,374 | 2,621 | |
440/4 |
1,374 | 2,621 | |
45 |
20,903 | 13,503 | |
450/3 |
12,103 | 12,103 | |
454/9 |
8,800 | 1,400 | |
| Income statement | |||
9900 |
1,606 | 68,696 | |
62 |
264 | 986 | |
630 |
9,960 | 6,289 | |
640/8 |
6,661 | 2,161 | |
9901 |
-15,279 | 59,260 | |
65/66B |
669 | 722 | |
65 |
669 | 722 | |
9903 |
-15,948 | 58,538 | |
67/77 |
- | 11,998 | |
9904 |
-15,948 | 46,540 | |
9905 |
-15,948 | 46,540 | |
| Appropriation of the result | |||
9906 |
30,592 | 46,540 | |
14P |
46,540 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -5,319 | 65,549 | ||
| -5,988 | 52,829 | ||
| 5,159 | 46,240 | ||
| -29,896 | - | ||
| -1,557 | 15,045 | ||
| 55.2% | 60.2% | ||
| 0.94 | 1.55 | ||
| 0.81 | 0.66 | ||
| -47.5% | 93.9% | ||
| -26.2% | 56.6% | ||
| -7.95 | 90.77 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €5,159 | €46,240 |
| €9,960 | €6,289 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on CVS Projects
The operating result for 2025 is a loss of €15,279, after a profit of €59,260 in 2024.
Debt's share of the balance-sheet total rises from 39.8% to 44.8%. Equity and debt are lower.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 22-09-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 31-07-2026
Mandates through the years
1 name, the dashed line is todayDirector
Board
Mandates as a list
-
- Director, appointed by deed of 22-09-2023, still in office
Control
Founder
This company
CVS Projects
Equity €33,592
Loss €15,948 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €336 in 2025
- Source
- deed of 22-09-2023
Articles of association
deed of 22-09-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meer kopers, overdracht van aandelen”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 22-09-2023 ↗
- 100 shares (100%) · €3,000
Network & group
No group
CVS Projects has no parent and no holdings in its annual accounts. is the only director. CVS Projects shares no director with another company.
At the same address
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founded in 1976 0830.444.615 |
Timeline
Timeline
6 events since 2023Filings
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered office moved from Asse to ZellikNew registered office: Wilgendaal 17 b16, 1731 Zellik · Previous registered office: Jan Dekinderstraat 18 bus 3, 1731 Asse · Board meeting of 09-06-20262 points ▸
- Board meeting, 09-06-2026
- Registered-office move, Wilgendaal 17 b16, 1731 Zellik
Annual accounts 2025 filed NBBmicro format · on the deadline day
Registered in the Peppol Directory Reachable for e-invoices through 0208:1000082866
2025
Annual accounts 2024 filed PDFmicro format · 60 days late
2023
IncorporationFounding capital of €3,000, 100 shares · Founder: (oprichter verschijner) · Appointment: (director) · published on 22-09-20236 points ▸
- Founder, (oprichter verschijner)
- Founding capital, €3,000, 100 shares
- Capital contribution, €3,000
- Registered office clause, Jan Dekinderstraat 18/3, 1731 Asse
- Director appointment,
- Board rule, 1
- The deed holds 10 more points.
First establishment Jan Dekinderstraat 18, Asse
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1000.082.866
- VAT number
- BE 1000.082.866
- Peppol ID
- 0208:1000082866
- Other Peppol ID
- 9925:BE1000082866
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 20-09-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 18:00deed of 22-09-2023 (in Dutch)
- Peppol
- Reachable since 27-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CVS Projects in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-09-2023 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- CVS Projectsdeed of 22-09-2023 (in Dutch)
Activities
NACEBEL 202543422
Screed work main activity
Codes under NACEBEL 2008
43996
Specialised construction activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het beheren van haar roerend en onroerend patrimonium; De aankoop en verkoop van onroerende goederen en onroerende rechten; Het in huur…”deed of 22-09-2023 (in Dutch)
34 activities
- Het beheren van haar roerend en onroerend patrimonium
- De aankoop en verkoop van onroerende goederen en onroerende rechten
- Het in huur nemen en geven,ok onder de vorm van leasing
- Het in erfpacht of in opstal geven en nemen
- Het uitbaten en beheren
- Het in waarde brengen en het verhandelen
- Het verkavelen
- De uitoefening van toezicht
- Het uitvoeren van alle studies betreffende onroerend goed
- Het laten oprichten van alle hoegenaamde gebouwen of bouwwerken
- Het onderhouden
- Het laten afbreken
- Het laten uitvoeren van alle aannemingen van werken
- Het instaan voor de coördinatie van alle aannemingen en onderaannemingen
- De ontwikkeling en bemiddeling en de promotie van vastgoedprojecten
- Groot en kleinhandel in bouwmaterialen
- Groot en kleinhandel in elektrische materialen
- Handelsbemiddeling in bouwmaterialen
- Aannemer ruwbouw,stukadoor,schrijnwerker,elektrische en sanitaire werken
- Installateur-Frigorist
- Algemeen aannemer
- Ruwbouwactiviteiten
- Dakdekkers- en waterdichtingsactiviteiten
- Installatieactiviteiten(CV,gas,sanitair,...)
- Tegel-,marmer- en natuursteenactiviteiten
- Stukadoor-,cementeer- en dekvloeractiviteiten
- Algemeen schrijnwerker
- Schrijnwerker plaatsen en herstellen
- Eindafwerkingsactiviteiten
- Elektrotechnische activiteiten
- Optreden als aannemer of onderaannemer in plaatsing vloerisolatie en chape werken,bemiddeling inzake.
- Bemiddeling bij onroerend goed transacties.
- Het zelf realiseren van bouwopdrachten zowel als het coördineren van onroerend goed projecten als het optreden als hoofdaannemer zowel voor private als industriële bouw.
- Goederenvervoer over de weg
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Wilgendaal 17 registered office 1731 Asse | ||
| Jan Dekinderstraat 18 1731 Asse 41001 General construction of residential buildings | 20-09-2023 | 2.350.008.310 |
1 former office
- Jan Dekinderstraat 18 bus 3, 1731 Asse until 09-06-2026 · deed of 05-08-2026
Buildings and parcels at the addresses
- Ground area
- 3,589 m²
- Buildings
- 693 m²
- Volume, LiDAR
- 8,275 m³
- Tallest building
- 23.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23095C0183/00V004 | 3,016 m² | 1 · 536 m² | 23.8 m · 7 |
| 23095C0073/00A051 | 572 m² | 1 · 158 m² | 10.8 m · 3 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1000.082.866