CV-K
ActiveSummary
CV-K has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.34M and a net result of €3k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 5.39 against 2.7 in 2024; short-term debt: 4.3% and cash: 11.8% of total assets), and 4.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
95.7%
Return on assets
0.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 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
54 d late
2024
59 d late
2023
61 d late
2022
56 d late
2021
78 d late
2020
61 d late
2019
39 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.34M▲ 0.2%
2024 · €1.34M
2018: €1.73M
2019: €1.63M
2020: €1.68M
2021: €1.28M
2022: €1.34M
2023: €1.41M
2024: €1.34M
2018 → 2025
Total assets
€1.40M▼ 4.2%
2024 · €1.47M
2018: €1.78M
2019: €1.85M
2020: €1.77M
2021: €1.71M
2022: €1.41M
2023: €1.48M
2024: €1.47M
2018 → 2025
Net result
€3k▼ 70.0%
2024 · €10k
2018: €133k
2019: €61k
2020: €47k
2021: €-52k
2022: €63k
2023: €69k
2024: €10k
2018 → 2025
Working capital
€263k▲ 23.8%
2024 · €213k
2018: €1.67M
2019: €1.12M
2020: €981k
2021: €132k
2022: €260k
2023: €329k
2024: €213k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.28M-€1.34M▲ 5.0%€1.41M▲ 5.2%€1.34M▼ 5.0%€1.34M▲ 0.2%
Operating result€-68k-€57k€91k▲ 58.7%€12k▼ 86.2%€4k▼ 68.9%
Net result€-52k-€63k€69k▲ 9.1%€10k▼ 85.7%€3k▼ 70.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.40M
Fixed assets
€1.08M ▼ 4.2%
Current assets
€323k ▼ 4.3%
Equity and liabilities €1.40M
Equity
€1.34M ▲ 0.2%
Debt
€60k ▼ 52.0%
Debt's share of the balance-sheet total falls from 8.5% to 4.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▼
2024 · €96k
Cash flow
€79k▼
2024 · €93k
Current ratio
5.39▲
2024 · 2.70
Debt to equity
0.04▼
2024 · 0.09
ROE
0.2%▼
2024 · 0.7%
ROA
0.2%▼
2024 · 0.7%
Interest coverage
275.45▲
2024 · 199.73
Debt ≤ 1 year
€60k▼
2024 · €125k
Income taxes
€2k▼
2024 · €5k
Staff costs
€84k▲
2024 · €73k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.47M€1.40M▼
Fixed assets21/28€1.13M€1.08M▼
Tangible fixed assets22/27€1.13M€1.08M▼
Land and buildings22€1.05M€996k▼
Plant, machinery and equipment23€25k€50k▲
Furniture and vehicles24€49k€34k▼
Financial fixed assets28€165€165=
Current assets29/58€338k€323k▼
Amounts receivable within one year40/41€139k€71k▼
Trade receivables40€74k€17k▼
Other amounts receivable41€65k€54k▼
Current investments50/53€77k€77k=
Cash at bank and in hand54/58€112k€166k▲
Deferred charges and accrued income490/1€10k€11k▲
Equity and liabilities
Total equity and liabilities10/49€1.47M€1.40M▼
Equity10/15€1.34M€1.34M▲
Contributions10/11€6k€6k=
Reserves13€463k€466k▲
Distributable reserves133€463k€466k▲
Profit (loss) carried forward14€871k€871k=
Amounts payable17/49€125k€60k▼
Amounts payable within one year42/48€125k€60k▼
Trade debts44€13k€34k▲
Suppliers440/4€13k€34k▲
Taxes, remuneration and social security45€32k€26k▼
Taxes450/3€24k€9k▼
Remuneration and social security454/9€8k€18k▲
Other amounts payable47/48€80k-
Income statement
Code20242025
Remuneration, social security and pensions62€73k€84k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€76k▼
Other operating charges640/8€8k€8k▲
Gross operating margin9900€177k€172k▼
Operating profit (loss)9901€12k€4k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€481€288▼
Recurring financial charges65€481€288▼
Profit (loss) for the period before taxes9903€14k€5k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€10k€3k▼
Profit (loss) for the period to be appropriated9905€10k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€881k€874k▼
Profit (loss) brought forward from the previous period14P€871k€871k=
Transfer from equity791/2€80k-
Transfer to equity691/2€10k€3k▼
To other reserves6921€10k€3k▼
Profit to be distributed694/7€80k-
Return on contributions (dividend)694€80k-
The notes to these accounts (7 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
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 54 days late
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.64
Current ratio from 1.30 to 4.64; short-term debt falls from €436k to €71k.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Weakest financial yearnet €-52k ▼211%
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Châtelet · 2 establishment units since 2000
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 de la Sarte 127A6200 ChâteletGround area
5,865 m²
Building footprint
91 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
CV-K
since 20002.076.305.487
La Petite Ecurie Rose
since 20252.377.281.443
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52025F0024/00A000indicative | Wallonia | 5,284 m² | - | - |
| 52012C0125/00K005 | Wallonia | 581 m² | 1 · 90 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
875500O38PD9R1EBNP70
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Of 9,860 companies in sector 73110 we hold annual accounts for 3,753. 1,342 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-1996
Fiscal year end31-12
Trade name FR
CV-K.be
Activities, NACEBEL 2025
73110Advertising agencies
18120Other printing
93110Operation of sports facilities
93127Equestrian clubs
96995Pet boarding
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.