Financials
Financial year 2025
C.V.O. INTERNATIONAL from Bilzen-Hoeselt, company number BE0438461378, closed financial year 2025 with a result of € -181,550 after tax. For that financial year C.V.O. INTERNATIONAL recorded revenue of € 10.7 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 20,224 to € -181,550. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 3 million
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -181,550
▼ still € 20,224 profit in 2024
Profit after tax over the fiscal year.
€ 575,979
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.3 million.
People and assets in 2025
34.5
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 11% vs 2024
€ 58,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 195,821
▼ 33% vs 2024
Of which on lease € 16,285.
Debts at end 2025
€ 973,291
▼ 13% vs 2024
€ 178,567 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.5 million
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 71 days on average.
€ 327,348
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,597,487 | € 8,831,903 | € 9,114,168 | € 10,683,128 | ▲ 17% |
| Profit after taxes | € 625,897 | € -191,389 | € 20,224 | € -181,550 | ▼ € 201,774 |
| Equity | € 5,314,682 | € 5,123,292 | € 5,143,516 | € 2,961,966 | ▼ 42% |
| Total debts | € 3,910,956 | € 2,913,588 | € 2,892,120 | € 4,360,070 | ▲ 51% |
| Cash | € 2,810,732 | € 2,214,190 | € 717,328 | € 575,979 | ▼ 20% |
| Land & buildings | € 436,492 | € 417,609 | € 407,348 | € 396,027 | ▼ 3% |
| Retained profit | € 4,682,482 | € 4,491,092 | € 4,511,316 | € 2,329,766 | ▼ 48% |
| Dividend | € 0 | € 0 | € 0 | € 2,000,000 | |
| Bank debt | € 1,681,798 | € 1,344,496 | € 1,120,576 | € 973,291 | ▼ 13% |
| Balance sheet total | € 9,225,638 | € 8,036,881 | € 8,035,636 | € 7,322,035 | ▼ 9% |
| Employees (FTE) | 31.8 | 32.5 | 34.4 | 34.5 | ▲ 0.1 |
Key figures of C.V.O. INTERNATIONAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to C.V.O. INTERNATIONAL?
What happened at C.V.O. INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- EXIT BV stepped down as director. NBB
- Ludo Geukens stepped down as director. NBB
- C.V.O. NV stepped down as director. NBB
- Rogier Hoek stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 181,550 (▼ € 201,774 vs 2024). Source: NBB ↗
- EXIT BV became a director. NBB
- Ludo Geukens became a director. NBB
- C.V.O. NV became a director. NBB
In short
From € 625,897 profit in 2022 to € 181,550 loss in 2025.
Paid € 181,051 in corporate taxes since 2022.
Best year ever: 2022, with € 625,897 profit.
Paid out € 2 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Confiserie Vangertruyden Ondernemingen comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
C.V.O. INTERNATIONALThe shares are held by Confiserie Vangertruyden Ondernemingen (99%).
Directors
According to the 2025 annual accounts
Ludo Geukens
Director
since 2021 · until 2027
Managing director · represented by Miet Vangertruyden
Also active at: Jans Carrosserie Constructie, PRALIWEB
since 2021 · until 2027
Director · represented by Alfons Martens
since 2025 · until 2031
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 26
3730 Bilzen-Hoeselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.461.378
- VAT number
- BE 0438.461.378
- Registered office
- Industrielaan 26, 3730 Bilzen-Hoeselt
- Names & denominations
- C.V.O. INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 1989
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
Vervaardiging van cacao, chocolade en suikerwerk