CVZ
ActiveCVZ has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €-8k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
65
/ 100
Healthy▼ -35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency99▼-1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 2.8 in 2024), and 36.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
63.9%
Return on assets
-5.5%
Age of the figures
11 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-05-2026, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
22 d late
2024
on the day
2023
63 d late
2022
2 d late
2021
1 d early
2020
5 d late
2019
53 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-8k
2024 · €41k
2018: €4k
2019: €-4k
2020: €9k
2021: €4k
2022: €10k
2023: €4k
2024: €41k
2018 → 2025
Working capital
€49k▼ 38.3%
2024 · €79k
2018: €33k
2019: €37k
2020: €45k
2021: €35k
2022: €33k
2023: €38k
2024: €79k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€47k▼ 2.7%€51k▲ 9.3%€92k▲ 80.8%€87k▼ 5.6%
Operating result€10k-€15k▲ 43.8%€6k▼ 56.5%€43k▲ 571%€-4k
Net result€4k-€10k▲ 123%€4k▼ 55.2%€41k▲ 846%€-8k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €43k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€39k▲ 127%
Current assets
€98k▼ 20.2%
Equity and liabilities €136k
Equity
€87k▼ 5.6%
Debt
€49k▲ 4.0%
The debt ratio rises from 33.9% to 36.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€6k▼
2024 · €52k
Cash flow
€3k▼
2024 · €50k
Solvency
63.9%▼
2024 · 66.1%
Current ratio
1.99▼
2024 · 2.80
Quick ratio
0.83▼
2024 · 1.67
Debt / equity
0.56▲
2024 · 0.51
ROE
-8.6%▼
2024 · 44.7%
ROA
-5.5%▼
2024 · 29.6%
Interest coverage
8.72▼
2024 · 60.56
Debt
€49k▲
2024 · €47k
Debt ≤ 1 year
€49k▲
2024 · €44k
Debt > 1 year
€0▼
2024 · €3k
Income taxes
€3k▲
2024 · €675
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€139k€136k▼
Fixed assets21/28€17k€39k▲
Tangible fixed assets22/27€10k€32k▲
Plant, machinery and equipment23€791€342▼
Furniture and vehicles24€9k€401▼
Other tangible fixed assets26-€31k
Financial fixed assets28€7k€7k=
Current assets29/58€122k€98k▼
Stocks and contracts in progress3€50k€57k▲
Stocks30/36€50k€57k▲
Amounts receivable within one year40/41€15k€21k▲
Other amounts receivable41€15k€21k▲
Cash at bank and in hand54/58€58k€20k▼
Equity and liabilities
Total equity and liabilities10/49€139k€136k▼
Equity10/15€92k€87k▼
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€67k€62k▼
Amounts payable17/49€47k€49k▲
Amounts payable after more than one year17€3k€0▼
Financial debts170/4€3k€0▼
Amounts payable within one year42/48€44k€49k▲
Current portion of amounts payable after more than one year42€8k€3k▼
Trade debts44€26k€34k▲
Suppliers440/4€26k€34k▲
Taxes, remuneration and social security45€344€2k▲
Taxes450/3€344€2k▲
Remuneration and social security454/9-€40
Other amounts payable47/48€9k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€554€6k▲
Gross operating margin9900€52k€12k▼
Operating profit (loss)9901€43k€-4k▼
Financial income75/76B€48€360▲
Recurring financial income75€48€360▲
Financial charges65/66B€857€668▼
Recurring financial charges65€857€668▼
Profit (loss) for the period before taxes9903€42k€-5k▼
Income taxes67/77€675€3k▲
Profit (loss) for the period9904€41k€-8k▼
Profit (loss) for the period to be appropriated9905€41k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€67k€62k▼
Profit (loss) brought forward from the previous period14P€26k€70k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
30-09
Financial
Weakest financial yearnet €-8k ▼118%
Net result drops to €-8k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €41k ▲846%
Operating result €43k, net result €41k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
30-09
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 53 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 53 days late
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Jans-Molenbeek · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Scheutboschlaan 221080 Sint-Jans-MolenbeekGround area
1,421 m²
Building footprint
775 m²
Volume, LiDAR
16,134 m³
Parcel 21524C0237/00K000, Brussels · tallest building 24.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
CVZ
since 20112.205.552.940
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0237/00K000 | Brussels | 1,421 m² | 1 · 775 m² | 24.4 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.205.552.940
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OPINIE
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Of 2,318 companies in sector 47621 we hold annual accounts for 1,235. 1,086 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-2011
Fiscal year end30-09
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.