Civesil · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

Civesil 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 €37k and a net result of €50k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 498 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-04-2026, 98 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

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.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	24-04-2026	98 d early	2026-00087002
31-12-2024	31-07-2025	21-03-2025	132 d early	2025-00054003
31-12-2023	31-07-2024	05-07-2024	26 d early	2024-00223454
31-12-2022	31-07-2023	05-06-2023	56 d early	2023-00112288

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Financials

Equity€37k-55.0%

Net result€50k+10.6%

Total assets€62k-32.7%

Solvency60.2%-29.7pp

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 24-04-2026 with the NBB · fiscal year 2025 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~39% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	60.2%	43.2%	better than 65% of 498 sector peers
Net result	€50k	€68k	better than 45% of 498 sector peers
Equity	€37k	€492k	better than 12% of 498 sector peers
Gross operating margin	€65k	€83k	better than 42% of 497 sector peers
Employees (FTE)	0.0	0.0	better than 35% of 150 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P65

Weakening position over 2022-2025 · n=498-1407

Net result P45

Stable position over 2022-2025 · n=498-1406

Equity P12

Stable position over 2022-2025 · n=498-1407

Gross operating margin P42

Stable position over 2022-2025 · n=497-1405

Describes the position versus peers, not a forecast.

Net profit

€50k

+10.6% 22-25

Total assets

€62k

-32.7% 22-25

Equity

€37k

-55.0% 22-25

Employees (FTE)

0

- 22-25

Income taxes

€14k

+12.6% 22-25

Dividends

€96k

- 22-25

Debt

€25k

+163.6% 22-25

Debt ≤ 1y

€25k

+163.6% 22-25

Solvency

60.2%

-33.0% 22-25

ROE

135.0%

+145.6% 22-25

ROA

81.2%

+64.5% 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	verkort
Revenue	n/a
EBITDA	n/a
Net profit	€50k
Cash flow	n/a
Staff costs	-
Income taxes	€14k
Dividends	€96k
Total assets	€62k
Equity	€37k
Debt	€25k
of which ≤ 1y	€25k
of which > 1y	-
Working capital	n/a
Employees (FTE)	0.0

Ratios (computed)

	2025
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	60.2%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	81.2%
ROE	135.0%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2025

Assets

Fixed assets €21k · 33.6% Current assets €41k · 66.4%

Equity & liabilities

Equity €37k · 60.2% Debt €25k · 39.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€62k
Fixed assets	21/28	€21k
Tangible fixed assets	22/27	€21k
Current assets	29/58	€41k
Amounts receivable within one year	40/41	€14k
Investments	50/53	€0
Cash & bank	54/58	€25k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€62k
Equity	10/15	€37k
Contributions / capital	10/11	€2k
Reserves	13	€35k
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€25k
Amounts payable within one year	42/48	€25k
Trade debts payable within one year	44	€1k
Income statement
Gross operating margin	9900	€65k
Operating result	9901	€63k
Financial income	75	€2k
Financial charges	65	€72
Result before taxes	9903	€64k
Income taxes	67/77	€14k
Net result for the period	9904	€50k
Result to be appropriated	9905	€50k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

Model not applicable to financial institutions

The health 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.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Kleine-Markweg 72310 Rijkevorsel

Establishment units

1 location

Civesil

Kleine-Markweg 7, 2310 RijkevorselManagementsactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.

since 20222.331.093.211

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area976 m²

Buildings1

Building footprint140 m²

Volume (LiDAR)969 m³

Tallest building9.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13037H0321/00H000	Flanders	976 m²	1 · 140 m²	9.8 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

91 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 100

Solvency 91

Growth 78

Stability 94

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers

Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Similar

Similar companies

Comparable size, same sector

Annelies Van Laerhoven

BE 0762.801.565 · Pajottegem

Eq €37k→

Indaver Kosovo

BE 0804.328.552 · Beveren-Kruibeke-Zwijndrecht

Eq €37k→

RPI Solutions

BE 1008.232.945 · Lommel

Eq €37k→

Beltraco

BE 0797.887.059 · Hasselt

Eq €37k→

GENESIS MEDICAL GROUP

BE 0782.653.507 · Anderlecht

Eq €38k→

We hold annual accounts for 5,518 of the 24,678 companies in this sector. 3,472 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Holdings64200Activiteiten van holdings64210Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990

Primary activity highlighted.

Names & trade names

Legal nameNL

Civesil

Registered office

Kleine-Markweg 7

2310 Rijkevorsel, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.