CAVELIN
ActiveCAVELIN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €33k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 1268 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+44
Solvency78▼-4
Growth83▲+16
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.72 in 2024; short-term debt: 47.3% and cash: 41% of total assets), and 47.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 75
Relative position
BE, all sectors
reference
Sector 75
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.7%
Return on assets
20.9%
Age of the figures
9 mo
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
1 d early
2023
16 d early
2022
75 d early
2021
28 d early
2020
2 d late
2019
106 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€521k▲ 23.1%
2023 · €424k
2018: €189k
2019: €200k
2020: €233k
2021: €294k
2022: €347k
2023: €424k
2018 → 2024
EBIT margin
-0.1%▼ 2.9pp
2023 · 2.8%
2018: 8.5%
2019: 1.4%
2020: 4.2%
2021: 10.4%
2022: 0.3%
2023: 2.8%
2018 → 2024
Net result
€33k
2024 · €-5k
2018: €12k
2019: €1k
2020: €6k
2021: €20k
2022: €-4k
2023: €4k
2024: €-5k
2018 → 2025
Working capital
€60k▲ 82.2%
2024 · €33k
2018: €35k
2019: €37k
2020: €45k
2021: €54k
2022: €25k
2023: €30k
2024: €33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€294k-€347k▲ 18.1%€424k▲ 22.1%€521k▲ 23.1%
Equity€80k-€62k▼ 22.5%€66k▲ 5.7%€61k▼ 7.4%€84k▲ 38.4%
Operating result€31k-€1k▼ 96.1%€12k▲ 886%€-530€58k
Net result€20k-€-4k€4k€-5k€33k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €58k after a loss of €530 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €160k
Fixed assets
€24k▼ 14.2%
Current assets
€136k▲ 71.7%
Equity and liabilities €160k
Equity
€84k▲ 38.4%
Debt
€75k▲ 64.1%
The debt ratio rises from 43.0% to 47.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66k▲
2024 · €9k
Cash flow
€41k▲
2024 · €4k
Solvency
52.7%▼
2024 · 57.0%
Current ratio
1.80▲
2024 · 1.72
Quick ratio
1.28▲
2024 · 1.07
Debt / equity
0.90▲
2024 · 0.76
ROE
39.6%▲
2024 · -8.0%
ROA
20.9%▲
2024 · -4.5%
Interest coverage
10.94▲
2024 · 7.15
Debt
€75k▲
2024 · €46k
Debt ≤ 1 year
€75k▲
2024 · €46k
Income taxes
€19k▲
2024 · €3k
Staff costs
€105k▼
2024 · €107k
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€107k€160k▲
Fixed assets21/28€28k€24k▼
Tangible fixed assets22/27€28k€24k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€11k€8k▼
Other tangible fixed assets26€11k€11k=
Financial fixed assets28€50€50=
Current assets29/58€79k€136k▲
Stocks and contracts in progress3€30k€39k▲
Stocks30/36€30k€39k▲
Amounts receivable within one year40/41€10k€28k▲
Trade receivables40€3k€21k▲
Other amounts receivable41€7k€7k▲
Cash at bank and in hand54/58€39k€65k▲
Deferred charges and accrued income490/1€184€3k▲
Equity and liabilities
Total equity and liabilities10/49€107k€160k▲
Equity10/15€61k€84k▲
Contributions10/11€12k€12k=
Reserves13€2k€16k▲
Distributable reserves133€2k€16k▲
Profit (loss) carried forward14€47k€56k▲
Amounts payable17/49€46k€75k▲
Amounts payable within one year42/48€46k€75k▲
Current portion of amounts payable after more than one year42-€250
Financial debts43€250-
Credit institutions430/8€250-
Trade debts44€30k€40k▲
Suppliers440/4€30k€40k▲
Taxes, remuneration and social security45€16k€25k▲
Taxes450/3€2k€7k▲
Remuneration and social security454/9€14k€18k▲
Other amounts payable47/48-€10k
Income statement
Code20242025
Turnover70€521k-
Goods, raw materials, services and sundry goods60/61€404k-
Remuneration, social security and pensions62€107k€105k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€117k€173k▲
Operating profit (loss)9901€-530€58k▲
Financial income75/76B€107€55▼
Recurring financial income75€107€55▼
Financial charges65/66B€1k€6k▲
Recurring financial charges65€1k€6k▲
Profit (loss) for the period before taxes9903€-2k€52k▲
Income taxes67/77€3k€19k▲
Profit (loss) for the period9904€-5k€33k▲
Profit (loss) for the period to be appropriated9905€-5k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€80k▲
Profit (loss) brought forward from the previous period14P€51k€47k▼
Transfer to equity691/2-€14k
To other reserves6921-€14k
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (8 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-5k ▼236%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
16-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Lobbes · 1 establishment unit since 2010
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.
Rue des Bonniers 186540 LobbesGround area
1,308 m²
Building footprint
116 m²
Volume, LiDAR
665 m³
Parcel 56044B0025/02F000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CAVELIN
since 20102.194.066.061
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56044B0025/02F000 | Wallonia | 1,308 m² | 1 · 116 m² | 8.0 m · 2 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.
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Of 6,078 companies in sector 75000 we hold annual accounts for 1,950. 1,718 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2010
Fiscal year end31-12
Activities, NACEBEL
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.