CATIVI
ActiveSummary
CATIVI has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22k and a net result of €39k. Equity is shrinking by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 49% of 4604 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency72▼-23
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 3.15 in 2023; short-term debt: 52.7% and cash: 87.8% of total assets), but 52.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 2024Solvency, return and age of the figures
Solvency
47.3%
Return on assets
84%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
57 d early
2023
51 d early
2022
38 d early
2021
60 d early
2020
46 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€39k▲ 5.2%
2023 · €37k
2018: €2k
2019: €-60▼ -103% vs 2018
2020: €10k▲ +16722% vs 2019
2021: €15k▲ +52.0% vs 2020
2022: €-26k▼ -270% vs 2021lowest in 7 years
2023: €37k▲ +244% vs 2022
2024: €39k▲ +5.2% vs 2023highest in 7 years
2018 → 2024
Working capital
€22k▲ 40.7%
2023 · €16k
2018: €-10k
2019: €-40k▼ -308% vs 2018lowest in 7 years
2020: €-34k▲ +14.0% vs 2019
2021: €-18k▲ +47.3% vs 2020
2022: €7k▲ +140% vs 2021
2023: €16k▲ +117% vs 2022
2024: €22k▲ +40.7% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€50k-€65k▲ 30.4%€40k▼ 39.7%€17k▼ 57.4%€22k▲ 31.3%
2020: €50k
2021: €65k▲ +30.4% vs 2020highest in 5 years
2022: €40k▼ -39.7% vs 2021
2023: €17k▼ -57.4% vs 2022lowest in 5 years
2024: €22k▲ +31.3% vs 2023
Operating result€13k-€21k▲ 58.2%€31k▲ 45.7%€70k▲ 129%€57k▼ 19.1%
2020: €13klowest in 5 years
2021: €21k▲ +58.2% vs 2020
2022: €31k▲ +45.7% vs 2021
2023: €70k▲ +129% vs 2022highest in 5 years
2024: €57k▼ -19.1% vs 2023
Net result€10k-€15k▲ 52.0%€-26k€37k€39k▲ 5.2%
2020: €10k
2021: €15k▲ +52.0% vs 2020
2022: €-26k▼ -270% vs 2021lowest in 5 years
2023: €37k▲ +244% vs 2022
2024: €39k▲ +5.2% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €47k
Fixed assets
€227 ▼ 82.4%
Current assets
€47k ▲ 104%
Equity and liabilities €47k
Equity
€22k ▲ 31.3%
Debt
€25k ▲ 241%
Debt's share of the balance-sheet total rises from 30.0% to 52.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58k▼
2023 · €71k
Cash flow
€40k▲
2023 · €38k
Current ratio
1.89▼
2023 · 3.15
Debt to equity
1.12▲
2023 · 0.43
ROE
177.7%▼
2023 · 221.7%
ROA
84.0%▼
2023 · 155.1%
Interest coverage
1285.63▼
2023 · 1584.56
Debt ≤ 1 year
€25k▲
2023 · €7k
Income taxes
€15k▼
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€24k€47k▲
Fixed assets21/28€1k€227▼
Tangible fixed assets22/27€1k€227▼
Furniture and vehicles24€1k€227▼
Current assets29/58€23k€47k▲
Amounts receivable within one year40/41€6k€440▼
Trade receivables40€3k-
Other amounts receivable41€3k€440▼
Current investments50/53-€5k
Cash at bank and in hand54/58€17k€41k▲
Equity and liabilities
Total equity and liabilities10/49€24k€47k▲
Equity10/15€17k€22k▲
Contributions10/11€31k€18k▼
Reserves13€3k-
Non-distributable reserves130/1€3k-
Reserves not available under the articles1311€3k-
Profit (loss) carried forward14€-17k€4k▲
Amounts payable17/49€7k€25k▲
Amounts payable within one year42/48€7k€25k▲
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€4k€22k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€384€387▲
Gross operating margin9900€72k€58k▼
Operating profit (loss)9901€70k€57k▼
Financial income75/76B-€26
Recurring financial income75-€26
Financial charges65/66B€15k€3k▼
Recurring financial charges65€45€45=
Non-recurring financial charges66B€15k€3k▼
Profit (loss) for the period before taxes9903€55k€54k▼
Income taxes67/77€18k€15k▼
Profit (loss) for the period9904€37k€39k▲
Profit (loss) for the period to be appropriated9905€37k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€43k€22k▼
Profit (loss) brought forward from the previous period14P€5k€-17k▼
Profit to be distributed694/7€60k€18k▼
Return on contributions (dividend)694€60k€18k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €833 | €1k | €1k | €1k | €1k | = |
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €14k | €22k | €32k | €72k | €58k | ▼ 18.8% |
| Operating profit (loss)9901 | €13k | €21k | €31k | €70k | €57k | ▼ 19.1% |
| Financial income75/76B | - | - | - | - | €26 | - |
| Recurring financial income75 | - | - | - | - | €26 | - |
| Financial charges65/66B | - | €59 | €50k | €15k | €3k | ▼ 79.9% |
| Recurring financial charges65 | €56 | €59 | €49 | €45 | €45 | = |
| Non-recurring financial charges66B | - | - | €50k | €15k | €3k | ▼ 80.1% |
| Profit (loss) for the period before taxes9903 | €13k | €21k | €-20k | €55k | €54k | ▼ 2.5% |
| Income taxes67/77 | €3k | €6k | €6k | €18k | €15k | ▼ 18.8% |
| Profit (loss) for the period9904 | €10k | €15k | €-26k | €37k | €39k | ▲ 5.2% |
| Profit (loss) for the period to be appropriated9905 | €10k | €15k | €-26k | €37k | €39k | ▲ 5.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99k | €98k | €46k | €24k | €47k | ▲ 94.4% |
| Fixed assets21/28 | €84k | €84k | €32k | €1k | €227 | ▼ 82.4% |
| Tangible fixed assets22/27 | €4k | €3k | €2k | €1k | €227 | ▼ 82.4% |
| Furniture and vehicles24 | - | €3k | €2k | €1k | €227 | ▼ 82.4% |
| Financial fixed assets28 | €80k | €80k | €30k | - | - | - |
| Current assets29/58 | €14k | €15k | €13k | €23k | €47k | ▲ 104% |
| Amounts receivable within one year40/41 | €6k | €6k | - | €6k | €440 | ▼ 92.8% |
| Trade receivables40 | - | - | - | €3k | - | - |
| Other amounts receivable41 | - | €6k | - | €3k | €440 | ▼ 85.9% |
| Current investments50/53 | - | - | - | - | €5k | - |
| Cash at bank and in hand54/58 | €8k | €8k | €13k | €17k | €41k | ▲ 147% |
| Deferred charges and accrued income490/1 | - | - | €458 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99k | €98k | €46k | €24k | €47k | ▲ 94.4% |
| Equity10/15 | €50k | €65k | €40k | €17k | €22k | ▲ 31.3% |
| Contributions10/11 | €31k | €31k | €31k | €31k | €18k | ▼ 41.6% |
| Capital10 | - | €31k | €31k | - | - | - |
| Issued capital100 | - | €31k | €31k | - | - | - |
| Reserves13 | €3k | €3k | €3k | €3k | - | - |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | - | - |
| Legal reserve130 | - | €3k | €3k | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €3k | - | - |
| Profit (loss) carried forward14 | €16k | €31k | €5k | €-17k | €4k | ▲ 123% |
| Amounts payable17/49 | €49k | €33k | €6k | €7k | €25k | ▲ 241% |
| Amounts payable within one year42/48 | €49k | €33k | €6k | €7k | €25k | ▲ 241% |
| Trade debts44 | €900 | €1k | - | - | - | - |
| Suppliers440/4 | - | €1k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €1k | €3k | €3k | €3k | ▼ 5.9% |
| Taxes450/3 | - | €1k | €3k | €3k | €3k | ▼ 5.9% |
| Other amounts payable47/48 | - | €30k | €4k | €4k | €22k | ▲ 409% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €15k | €-26k | €37k | €39k | ▲ 5.2% |
| + Depreciation and write-downs630 | €833 | €1k | €1k | €1k | €1k | = |
| Operating cash flow (approximation) | €11k | €16k | €-25k | €38k | €40k | ▲ 5.1% |
| Investment in fixed assets (approximation) | - | €-125 | €50k | €30k | €0 | ▼ 100% |
| Change in cash | - | €280 | €5k | €4k | €24k | ▲ 557% |
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
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €39k ▲5.2%
Net result €39k, the highest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
24-10
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 2.16
Current ratio from 0.45 to 2.16; short-term debt falls from €33k to €6k.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
03-01
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
Show earlier events
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-06
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
07-06
State Gazette act
Board meeting · Director appointment
Director resignation · Power of attorney
Financial milestoneState Gazette actNBB 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, Blégny · 1 establishment unit since 2016
Ground area
5,253 m²
Building footprint
279 m²
Volume, LiDAR
1,257 m³
Parcel 62095B0421/00D000, Wallonia · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Cativi
since 20162.258.849.490
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62095B0421/00D000 | Wallonia | 5,253 m² | 1 · 279 m² | 7.2 m · 1 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.
Structure & network
Connections & network
7 connected companiesThis company
Company
Director
Shareholding
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Ownership & control
3 board mandatesBoard mandates of this companythis company sits on their board3
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 31,652 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
Founded22-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.