Summary
CVVC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €362,169 and a net result of €103,295. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 2460 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
31 d early
2024
28 d early
2023
5 d early
2022
29 d late
2021
13 d early
2020
10 d late
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€362,169▲ 22.0%
2024 · €296,874
Net result
€103,295▲ 25.2%
2024 · €82,513
Total assets
€426,327▲ 17.2%
2024 · €363,800
Solvency
85.0%▲ 3.3pp
2024 · 81.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€60,984▲ 14.6%€90,633▲ 48.6%€105,641▲ 16.6%€113,327▲ 7.3%€139,756▲ 23.3%
Net result€43,517within the sector's middle half▲ 12.2%€64,861within the sector's middle half▲ 49.0%€76,153above the sector's middle half▲ 17.4%€82,513above the sector's middle half▲ 8.4%€103,295above the sector's middle half▲ 25.2%
Equity€185,000within the sector's middle half▲ 30.8%€221,361within the sector's middle half▲ 19.7%€286,361within the sector's middle half▲ 29.4%€296,874within the sector's middle half▲ 3.7%€362,169above the sector's middle half▲ 22.0%
Total assets€198,279within the sector's middle half▲ 28.9%€261,276within the sector's middle half▲ 31.8%€308,544within the sector's middle half▲ 18.1%€363,800within the sector's middle half▲ 17.9%€426,327within the sector's middle half▲ 17.2%
Debt€13,279▲ 7.6%€39,915▲ 201%€22,183▼ 44.4%€66,926▲ 202%€64,158▼ 4.1%
Working capital€164,982▲ 47.0%€197,490▲ 19.7%€199,632▲ 1.1%€210,492▲ 5.4%€260,804▲ 23.9%
Solvency93.3%above the sector's middle half▲ 1.3pp84.7%above the sector's middle half▼ 8.6pp92.8%above the sector's middle half▲ 8.1pp81.6%above the sector's middle half▼ 11.2pp85.0%above the sector's middle half▲ 3.3pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €426,327
Fixed assets
€101,934 ▲ 15.9%
Current assets
€324,392 ▲ 17.6%
Equity and liabilities €426,327
Equity
€362,169 ▲ 22.0%
Debt
€64,158 ▼ 4.1%
Debt's share of the balance-sheet total falls from 18.4% to 15.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
28.5%▲
2024 · 27.8%
ROA
24.2%▲
2024 · 22.7%
Debt ≤ 1 year
€63,589▼
2024 · €65,329
Income taxes
€42,835▲
2024 · €33,294
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €11,434 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,184 | €9,486 | €7,617 | €11,346 | €11,044 | ▼ 2.7% |
| Other operating charges640/8 | €593 | €596 | €786 | €803 | €551 | ▼ 31.4% |
| Gross operating margin9900 | €70,762 | €100,716 | €114,044 | €125,476 | €151,351 | ▲ 20.6% |
| Operating profit (loss)9901 | €60,984 | €90,633 | €105,641 | €113,327 | €139,756 | ▲ 23.3% |
| Financial income75/76B | - | €1 | €494 | €3,202 | €6,622 | ▲ 107% |
| Recurring financial income75 | - | €1 | €494 | €3,202 | €6,622 | ▲ 107% |
| Financial charges65/66B | €120 | €120 | €1,341 | €723 | €248 | ▼ 65.7% |
| Recurring financial charges65 | €120 | €120 | €1,341 | €723 | €248 | ▼ 65.7% |
| Profit (loss) for the period before taxes9903 | €60,864 | €90,514 | €104,795 | €115,807 | €146,130 | ▲ 26.2% |
| Income taxes67/77 | €17,347 | €25,653 | €28,642 | €33,294 | €42,835 | ▲ 28.7% |
| Profit (loss) for the period9904 | €43,517 | €64,861 | €76,153 | €82,513 | €103,295 | ▲ 25.2% |
| Profit (loss) for the period to be appropriated9905 | €43,517 | €64,861 | €76,153 | €82,513 | €103,295 | ▲ 25.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €198,279 | €261,276 | €308,544 | €363,800 | €426,327 | ▲ 17.2% |
| Fixed assets21/28 | €20,154 | €24,885 | €86,825 | €87,979 | €101,934 | ▲ 15.9% |
| Tangible fixed assets22/27 | €20,154 | €12,385 | €49,325 | €37,979 | €26,934 | ▼ 29.1% |
| Furniture and vehicles24 | €7,847 | €1,706 | €40,273 | €30,555 | €21,138 | ▼ 30.8% |
| Other tangible fixed assets26 | €12,307 | €10,679 | €9,052 | €7,424 | €5,796 | ▼ 21.9% |
| Financial fixed assets28 | - | €12,500 | €37,500 | €50,000 | €75,000 | ▲ 50.0% |
| Current assets29/58 | €178,126 | €236,391 | €221,720 | €275,821 | €324,392 | ▲ 17.6% |
| Amounts receivable within one year40/41 | €15,653 | €17,419 | €20,064 | €20,816 | €22,098 | ▲ 6.2% |
| Trade receivables40 | €14,000 | €17,419 | €18,400 | €18,899 | €20,181 | ▲ 6.8% |
| Other amounts receivable41 | €1,653 | €0 | €1,664 | €1,917 | €1,917 | = |
| Current investments50/53 | - | - | €48,778 | €72,193 | €96,093 | ▲ 33.1% |
| Cash at bank and in hand54/58 | €161,555 | €215,375 | €147,926 | €175,910 | €199,265 | ▲ 13.3% |
| Deferred charges and accrued income490/1 | €918 | €3,597 | €4,951 | €6,901 | €6,937 | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €198,279 | €261,276 | €308,544 | €363,800 | €426,327 | ▲ 17.2% |
| Equity10/15 | €185,000 | €221,361 | €286,361 | €296,874 | €362,169 | ▲ 22.0% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €2,550 | €2,550 | = |
| Reserves13 | €137,855 | €202,715 | €267,715 | €294,215 | €359,510 | ▲ 22.2% |
| Non-distributable reserves130/1 | €1,855 | €1,855 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,855 | €1,855 | €0 | - | - | - |
| Distributable reserves133 | €136,000 | €200,860 | €267,715 | €294,215 | €359,510 | ▲ 22.2% |
| Profit (loss) carried forward14 | €28,595 | €96 | €96 | €109 | €109 | = |
| Amounts payable17/49 | €13,279 | €39,915 | €22,183 | €66,926 | €64,158 | ▼ 4.1% |
| Amounts payable within one year42/48 | €13,143 | €38,901 | €22,088 | €65,329 | €63,589 | ▼ 2.7% |
| Trade debts44 | €0 | €77 | €1,428 | €1,079 | €312 | ▼ 71.1% |
| Suppliers440/4 | €0 | €77 | €1,428 | €1,079 | €312 | ▼ 71.1% |
| Taxes, remuneration and social security45 | €0 | €6,653 | €9,507 | €11,050 | €27,177 | ▲ 146% |
| Taxes450/3 | €0 | €6,653 | €9,507 | €11,050 | €26,999 | ▲ 144% |
| Remuneration and social security454/9 | - | - | - | - | €178 | - |
| Other amounts payable47/48 | €13,143 | €32,171 | €11,153 | €53,200 | €36,100 | ▼ 32.1% |
| Accrued charges and deferred income492/3 | €136 | €1,014 | €95 | €1,597 | €569 | ▼ 64.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,517 | €64,861 | €76,153 | €82,513 | €103,295 | ▲ 25.2% |
| + Depreciation and write-downs630 | €9,184 | €9,486 | €7,617 | €11,346 | €11,044 | ▼ 2.7% |
| Operating cash flow (approximation) | €52,701 | €74,347 | €83,769 | €93,859 | €114,340 | ▲ 21.8% |
| Investment in fixed assets (approximation) | - | -€14,218 | -€69,556 | -€12,500 | -€25,000 | ▼ 100% |
| Change in cash | - | €53,820 | -€67,449 | €27,984 | €23,355 | ▼ 16.5% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €103,295 ▲25.2%
Operating result €139,756, net result €103,295, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Equity above €200,000Eq €221,361 ▲19.7%
5 profitable years in a row build equity to €221,361.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150,000Eq €185,000 ▲30.8%
4 profitable years in a row build equity to €185,000.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 10.13
Current ratio from 4.41 to 10.13; short-term debt falls from €21,540 to €12,290.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 4.41
Current ratio from 1.59 to 4.41; short-term debt falls from €31,916 to €21,540.
Show earlier events
31-12
Financial
Equity above €100,000Eq €102,707 ▲120%
2 profitable years in a row build equity to €102,707.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Grez-Doiceau · 1 establishment unit since 2017
Ground area
1,082 m²
Building footprint
83 m²
Volume, LiDAR
739 m³
Parcel 25037A0204/00Z000, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CVVC
since 20172.270.326.966
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037A0204/00Z000 | Wallonia | 1,082 m² | 1 · 83 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,507 companies in sector 66199 we hold annual accounts for 921. 625 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
Founded21-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
66199Other activities auxiliary to financial services, excluding insurance and pension funding
E-invoicing
Reachable via Peppol
Peppol ID
0208:0684872755
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.