ACTIVE

CVIAS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

15,5 k €

-33.1% YoY

Gross margin

95,4 k €

+30.0% YoY

Equity

327,1 k €

+5.0% YoY

What does CVIAS do?

CVIAS is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Leuven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0867.683.608

Incorporation

30/09/2004

Legal form

Private limited company

Registered office

Brusselsestraat 92
3000 Leuven · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 63100Data processing, hosting and related activities; web portals 63110Data processing, hosting and related activities 64200Activities of holding companies+3

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	95,4 k €	+30.0%	73,4 k €	-18.2%	89,8 k €	+56.4%	57,4 k €	-40.4%	96,3 k €	+3.7%	92,9 k €	+96.1%	47,4 k €	-21.9%	60,7 k €	+7.6%	56,4 k €	+50.8%	37,4 k €	-46.2%	69,4 k €	-22.2%	89,3 k €	+15.9%	77,1 k €	+1.3%	76,1 k €	+115%	35,4 k €	-37.8%	57 k €	+19.5%	47,7 k €	+54.6%	30,9 k €	-46.6%	57,8 k €	+17.5%	49,2 k €
EBITDA	59,2 k €	-15.4%	70 k €	-19.7%	87,1 k €	+58.4%	55 k €	-42.0%	94,9 k €	+2.5%	92,5 k €	+98.4%	46,6 k €	-17.3%	56,4 k €	+0.9%	55,9 k €	+59.8%	34,9 k €	-47.2%	66,1 k €	-25.4%	88,6 k €	+20.8%	73,3 k €	-0.3%	73,5 k €	+121%	33,3 k €	+132%	14,4 k €	-69.6%	47,3 k €	+58.9%	29,8 k €	-47.7%	56,9 k €	+15.8%	49,2 k €
Operating result	25,8 k €	-29.0%	36,4 k €	-30.9%	52,6 k €	+133%	22,6 k €	-65.5%	65,4 k €	-1.3%	66,2 k €	+161%	25,3 k €	-27.7%	35 k €	+8.6%	32,3 k €	+182%	11,5 k €	-74.0%	44,1 k €	-22.3%	56,7 k €	-1.3%	57,4 k €	-3.4%	59,5 k €	+228%	18,1 k €	+1821%	-1,1 k €	-112%	9,1 k €	+201%	-9 k €	-149%	18,2 k €	+29.0%	14,1 k €
Net result	15,5 k €	-33.1%	23,1 k €	-31.2%	33,6 k €	+216%	10,6 k €	-73.7%	40,4 k €	-3.9%	42,1 k €	+277%	11,2 k €	-34.9%	17,2 k €	+28.8%	13,3 k €	+51.4%	8,8 k €	+91.2%	4,6 k €	-84.9%	30,4 k €	-8.0%	33,1 k €	-12.7%	37,9 k €	+701%	4,7 k €	+226%	-3,8 k €	-157%	-1,5 k €	+78.5%	-6,8 k €	-468%	1,9 k €	+153%	-3,5 k €
Balance sheet
Equity	327,1 k €	+5.0%	311,6 k €	+8.0%	288,5 k €	+13.2%	254,9 k €	+4.4%	244,2 k €	+19.8%	203,8 k €	+26.0%	161,8 k €	+7.4%	150,6 k €	+12.9%	133,4 k €	+11.1%	120,1 k €	+7.9%	111,3 k €	+4.3%	106,7 k €	+39.9%	76,3 k €	+76.5%	43,2 k €	+712%	5,3 k €	+794%	595,9 €	-86.3%	4,4 k €	-25.1%	5,8 k €	-53.9%	12,6 k €	+17.2%	10,8 k €
Total assets	584 k €	+20.3%	485,4 k €	-0.6%	488,1 k €	+3.9%	469,7 k €	-0.4%	471,5 k €	+5.2%	448 k €	+4.6%	428,4 k €	-1.3%	433,9 k €	-3.5%	449,6 k €	-1.2%	455 k €	-6.1%	484,7 k €	-23.5%	633,3 k €	+149%	254,6 k €	-5.6%	269,8 k €	+8.3%	249,1 k €	-7.1%	268,3 k €	-48.1%	516,4 k €	-8.0%	561,5 k €	-0.2%	562,4 k €	-2.4%	576,3 k €
Cash	34,5 k €	-74.1%	133,1 k €	+22.3%	108,8 k €	+6.6%	102,1 k €	+7.1%	95,3 k €	+3.7%	91,9 k €	+36.6%	67,3 k €	+132%	29 k €	-34.9%	44,6 k €	+62.4%	27,5 k €	-62.8%	73,8 k €	+17.6%	62,8 k €	+99.4%	31,5 k €	+341%	7,1 k €	-36.7%	11,3 k €	-48.0%	21,7 k €	+122%	9,8 k €		–		1 k €	-93.2%	14,9 k €
Debts	256,9 k €	+47.8%	173,8 k €	-13.0%	199,7 k €	-7.1%	214,9 k €	-5.5%	227,3 k €	-6.9%	244,2 k €	-8.4%	266,7 k €	-5.9%	283,3 k €	-10.4%	316,1 k €	-5.6%	334,9 k €	-10.3%	373,4 k €	-29.1%	526,6 k €	+199%	176,3 k €	-21.5%	224,6 k €	-7.9%	243,8 k €	-8.9%	267,7 k €	-47.7%	512 k €	-7.9%	555,7 k €	+1.1%	549,8 k €	-2.8%	565,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Carl Vanschoenwinkel

Director · since 30 septembre 2004

Active

Ended mandates

Carl Van Schoenwinkel

Manager

Ended

Carl Vanschoenwinkel

Director

Ended

Carl Vanschoenwinkel

Administrator - manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/06/2026	02/06/2025	14/06/2024	15/06/2023	27/06/2022	23/06/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	01/06/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	02/06/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	14/06/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	15/06/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	27/06/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	23/06/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	26/06/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	20/06/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	23/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	15/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	14/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	15/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	19/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	08/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	20/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Carl Vanschoenwinkel

Director · since 30 septembre 2004

Active

Ended mandates

Carl Van Schoenwinkel

Manager

Ended

Carl Vanschoenwinkel

Director

Ended

Carl Vanschoenwinkel

Administrator - manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/05/2018
MAATSCHAPPELIJKE ZETEL
PDF
Registered office12/02/2016
MAATSCHAPPELIJKE ZETEL
PDF
Other17/06/2010
DOEL - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office23/10/2006
MAATSCHAPPELIJKE ZETEL
PDF
Other15/10/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202515,5 k €↓
2024
Annual accounts 202423,1 k €↓
2023
Annual accounts 202333,6 k €↑
2022
Annual accounts 202210,6 k €↓
2021
Annual accounts 202140,4 k €↓
2020
Annual accounts 202042,1 k €↑
2019
Annual accounts 201911,2 k €↓
2018
Annual accounts 201817,2 k €↑
2017
Annual accounts 201713,3 k €↑
2016
Annual accounts 20168,8 k €↑
2015
Annual accounts 20154,6 k €↓
2014
Annual accounts 201430,4 k €↓
2013
Annual accounts 201333,1 k €↓
2012
Annual accounts 201237,9 k €↑
2011
Annual accounts 20114,7 k €↑
2010
Annual accounts 2010-3,8 k €↓
2009
Annual accounts 2009-1,5 k €↑
2008
Annual accounts 2008-6,8 k €↓
2007
Annual accounts 20071,9 k €↑
2006
Annual accounts 2006-3,5 k €
30/09/2004
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CVIAS

Overview

What does CVIAS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline