Equity
-€481,978
Debts exceed assets in financial year 2025.
CVV MANAGEMENT
Lifetime
8 annual accounts with figures on one time axispeak €39,624 (2022)
-€124,773▲ €41,377
lowest -€215,600 (2024)
-€137,658▲ €77,941
peak €25,509 (2022)
-€481,978▼ €126,118
€960,033▲ 12.4%
Board1 name since 2021
1 directorCastagné Camille
Documentsfilings and deeds
04-11-202696 days late
2025micro format
Gross margin from -€166,150 to -€124,773Loss of €137,658Equity from -€355,860 to -€481,978Cash from €12 to €172
Key points
from the 2025 annual accountsLosses
-€519,287 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€960,033 201% of the balance sheet
Financial debts 20%Suppliers 2%Taxes and wages 0%Other 78%
Of this, €771,712 falls due within a year.
Payment terms
58 days to suppliers
CVV MANAGEMENT pays its suppliers 39 days earlier than in 2024.
Filings
8 annual accounts 96 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-100.8%
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 39,364 companies.
Turnover not published (micro format)
Checked score
32
Weak
Financially stronger than 6% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.8% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%
01-2025: 2.0%● unchanged vs 12-2024
02-2025: 2.0%● unchanged vs 01-2025
03-2025: 2.0%● unchanged vs 02-2025
04-2025: 2.0%● unchanged vs 03-2025
05-2025: 2.0%● unchanged vs 04-2025lowest value
06-2025: 2.0%● unchanged vs 05-2025
07-2025: 2.0%● unchanged vs 06-2025
08-2025: 2.5%▲ +0.5 percentage points vs 07-2025
09-2025: 2.8%▲ +0.3 percentage points vs 08-2025
10-2025: 3.5%▲ +0.7 percentage points vs 09-2025
11-2025: 3.6%▲ +0.1 percentage points vs 10-2025
12-2025: 3.8%▲ +0.2 percentage points vs 11-2025
01-2026: 4.8%▲ +1.0 percentage point vs 12-2025
02-2026: 4.8%● unchanged vs 01-2026
03-2026: 5.0%▲ +0.2 percentage points vs 02-2026
04-2026: 4.6%▼ -0.4 percentage points vs 03-2026
05-2026: 4.6%● unchanged vs 04-2026
06-2026: 4.5%▼ -0.1 percentage points vs 05-2026
07-2026: 4.5%● unchanged vs 06-2026
08-2026: 8.8%▲ +4.3 percentage points vs 07-2026
09-2026: 8.3%▼ -0.5 percentage points vs 08-2026
10-2026: 9.7%▲ +1.4 percentage points vs 09-2026highest value
11-2026: 6.8%▼ -2.9 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 96 days late; 3 of the last 3 accounts late
1 change of registered office in 24 months
Liquidity: current ratio 0.17, cash €172
Negative equity -€481,978
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 3% of them on solvency, 1% on liquidity, 4% on profitability and 16% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 562 companies had the same profile as CVV MANAGEMENT has now. Each dot stands for 2 companies, two years later.
86.7%
were still trading
4.8%
stopped another way
7.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CVV MANAGEMENT itself: 6.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 562 companies, not a prediction for CVV MANAGEMENT. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.17 (0.18 in 2024), below 1. Short-term debt is 161.4% and cash 0% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€481,978
raises risk · 2025 accounts filed 96 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-11-2026, 96 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filingsDeviation from the deadline
2025
96 days late
2024
367 days late
2023
75 days late
2022
91 days late
2021
166 days late
2020
9 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 119 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 November (4 of the last 5 accounts filed within 70 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Brussels to Ixelles
New registered office: Avenue Louise 231, 1050 Ixelles · Previous registered office: Avenue Louise 523, 1050 Bruxelles (Ixelles) · Board meeting of 29-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0684749922
Registered office moved within Brussels
New registered office: avenue Louise 523, 1050 Bruxelles · Previous registered office: Avenue Louise 406 à 1050 Bruxelles · Board meeting of 30-06-2021 · Gazette deed
First establishment
Louizalaan 523, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CVV MANAGEMENT Ixelles | - | - | -100.8% | - |
| DEVARCH Ixelles | - | - | 30.3% | - |
| LM ADVISORY Ixelles | - | - | 58.2% | - |
| Brussels Belliard 40 Centre Brussels | €2.2m | -14.1% | -732.1% | - |
| CITIZENFUND Watermael-Boitsfort | - | - | 94.4% | - |
| GABINVEST Jette | €0.4m | -77.5% | -62.8% | - |
| The Bridge Ventures Uccle | - | - | 48.1% | - |
These companies have the same main activity as CVV MANAGEMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €392,000 and €548,000, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 16-11-2017Normal situation
- Registered office
- 582 active companies are registered at this address52 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.307.431.4461050 Brussels, since 01-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 27-09-2025
Insights on CVV MANAGEMENT
CVV MANAGEMENT files the micro format. That format states no turnover. The gross margin fell from -€3,358 in 2018 to -€124,773 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CVV MANAGEMENT
- What is the company number of CVV MANAGEMENT?
- The company number of CVV MANAGEMENT is 0684.749.922. The VAT number is the same number with BE in front: BE 0684.749.922.
- Where is CVV MANAGEMENT based?
- The registered office is at Louizalaan 231, 1050 Ixelles.Company details
- What does CVV MANAGEMENT do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of CVV MANAGEMENT?
- CVV MANAGEMENT is a private limited company (pre-2019) (BVBA).
- When was CVV MANAGEMENT founded?
- CVV MANAGEMENT was founded on 16-11-2017.
- Is CVV MANAGEMENT still active?
- Yes, CVV MANAGEMENT is an active enterprise in the KBO register.
- What is the turnover of CVV MANAGEMENT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2024 turnover was €12,250.Financials
- Is CVV MANAGEMENT profitable?
- In financial year 2025, CVV MANAGEMENT made a loss of €137,658.
- Where can I find the annual accounts of CVV MANAGEMENT?
- CVV MANAGEMENT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CVV MANAGEMENT due?
- CVV MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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