CVD-AL
ActiveCVD-AL 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 €202k and a net result of €119k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 16% of 5495 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 5495 sector peers (2025).
NBB · sector comparisonPosition among 5495 sector peers
Solvency
better than 16%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €202k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
60 d early
2024
52 d early
2023
48 d early
2022
47 d early
2021
46 d early
2020
48 d early
2019
59 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€202k▲ 143%
2024 · €83k
2019: €129k
2020: €182k
2021: €233k
2022: €254k
2023: €93k
2024: €83k
2019 → 2025
Net result
€119k▼ 65.5%
2024 · €345k
2019: €82k
2020: €78k
2021: €151k
2022: €241k
2023: €312k
2024: €345k
2019 → 2025
Total assets
€1.43M▼ 5.5%
2024 · €1.52M
2019: €1.22M
2020: €1.21M
2021: €1.23M
2022: €1.41M
2023: €1.40M
2024: €1.52M
2019 → 2025
Solvency
14.1%▲ 8.6pp
2024 · 5.5%
2019: 10.6%
2020: 15.1%
2021: 18.9%
2022: 18.1%
2023: 6.6%
2024: 5.5%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€233k-€254k▲ 9.1%€93k▼ 63.5%€83k▼ 10.5%€202k▲ 143%
Operating result€210k-€333k▲ 58.1%€427k▲ 28.3%€471k▲ 10.5%€160k▼ 66.0%
Net result€151k-€241k▲ 60.3%€312k▲ 29.2%€345k▲ 10.8%€119k▼ 65.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€1.18M=
Current assets
€259k▼ 24.3%
Equity and liabilities €1.43M
Equity
€202k▲ 143%
Debt
€1.23M▼ 14.1%
The debt ratio falls from 94.5% to 85.9%: equity grows while debt is paid down.
Key figures and ratios
Solvency
14.1%▲
2024 · 5.5%
ROE
58.9%▼
2024 · 415.3%
ROA
8.3%▼
2024 · 22.8%
Debt
€1.23M▼
2024 · €1.43M
Debt ≤ 1 year
€1.23M▼
2024 · €1.43M
Income taxes
€40k▼
2024 · €126k
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€1.52M€1.43M▼
Fixed assets21/28€1.18M€1.18M=
Financial fixed assets28€1.18M€1.18M=
Current assets29/58€342k€259k▼
Amounts receivable within one year40/41€339k€251k▼
Trade receivables40€339k€166k▼
Other amounts receivable41-€85k
Cash at bank and in hand54/58€3k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.43M▼
Equity10/15€83k€202k▲
Contributions10/11€20k€20k=
Reserves13€63k€63k=
Distributable reserves133€63k€63k=
Profit (loss) carried forward14-€119k
Amounts payable17/49€1.43M€1.23M▼
Amounts payable within one year42/48€1.43M€1.23M▼
Financial debts43-€52k
Credit institutions430/8-€52k
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€150k€3k▼
Taxes450/3€150k€3k▼
Other amounts payable47/48€1.28M€1.17M▼
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€473k€161k▼
Operating profit (loss)9901€471k€160k▼
Financial charges65/66B€522€1k▲
Recurring financial charges65€522€1k▲
Profit (loss) for the period before taxes9903€471k€159k▼
Income taxes67/77€126k€40k▼
Profit (loss) for the period9904€345k€119k▼
Profit (loss) for the period to be appropriated9905€345k€119k▼
Appropriation of the result
Profit (loss) to be appropriated9906€357k€119k▼
Profit (loss) brought forward from the previous period14P€12k-
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7€355k-
Return on contributions (dividend)694€355k-
The notes to these accounts (2 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
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Equity above €200kEq €202k ▲143%
7 profitable years in a row build equity to €202k.
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Highest result since 2019net €345k ▲10.8%
Operating result €471k, net result €345k, both a record.
2023
14-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Equity above €200kEq €233k ▲27.7%
3 profitable years in a row build equity to €233k.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €78k ▼4.5%
Net result drops to €78k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €150kEq €182k ▲41%
2 profitable years in a row build equity to €182k.
2019
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herentals · 1 establishment unit since 2017
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.
Grensstraat (HRT) 6-82200 HerentalsGround area
1.7 ha
Building footprint
3,260 m²
Parcel 13027A0006/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
CVD-AL
since 20172.262.581.715
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0006/00E000 | Flanders | 1.7 ha | 1 · 3,260 m² | - |
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.
Similar companies · same sector, comparable size
Ulmus Minor
BE 0564.775.867
Maldegem · Eq €202k
CONCORDE BELGIUM COMPANY
BE 0431.620.009
Charleroi · Eq €202k
OHIM
BE 1019.028.946
Ath · Eq €202k
Duversa
BE 0754.683.061
Wervik · Eq €202k
LEXIUS MANAGEMENT
BE 0890.448.914
Pelt · Eq €202k
Of 24,637 companies in sector 64210 we hold annual accounts for 19,690. 13,487 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2017
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.