Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CAVALLINO from Ieper, company number BE0439318542, closed financial year 2025 with a result of € 42,986 after tax. For that financial year CAVALLINO recorded a gross margin of € 330,467 and equity of € 596,004. Compared with financial year 2024, the result moved from € 10,934 to € 42,986. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 15, 2025.
€ 596,004
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,986
▲ 293% vs 2024
Profit after tax over the fiscal year.
€ 82,904
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 496,004.
People and assets in 2025
2.4
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 148,349
▲ 19% vs 2024
€ 61,800 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.
Debts at end 2025
€ 1.2 million
▼ 4% vs 2024
€ 83,792 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 302,715
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,701
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 293,841 | € 380,728 | € 276,709 | € 330,467 | ▲ 19% |
| Profit after taxes | € 39,041 | € 99,788 | € 10,934 | € 42,986 | ▲ 293% |
| Equity | € 442,297 | € 542,085 | € 553,018 | € 596,004 | ▲ 8% |
| Total debts | € 2,022,246 | € 1,808,040 | € 1,754,988 | € 1,581,997 | ▼ 10% |
| Cash | € 78,479 | € 59,351 | € 104,742 | € 82,904 | ▼ 21% |
| Land & buildings | € 715,154 | € 652,909 | € 590,664 | € 528,888 | ▼ 10% |
| Retained profit | € 342,297 | € 442,085 | € 453,018 | € 496,004 | ▲ 9% |
| Bank debt | € 1,349,668 | € 1,201,298 | € 1,211,870 | € 1,162,514 | ▼ 4% |
| Balance sheet total | € 2,464,543 | € 2,350,125 | € 2,308,006 | € 2,178,001 | ▼ 6% |
| Employees (FTE) | 3.4 | 2.7 | 3.6 | 2.4 | ▼ 1.2 |
Key figures of CAVALLINO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to CAVALLINO?
What happened at CAVALLINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,986 (▲ 293% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- New establishment in Ieper. KBO
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,041 profit in 2022 to € 42,986 profit in 2025.
Paid € 2,623 in corporate taxes since 2022.
Best year ever: 2023, with € 99,788 profit.
On average € 137,700 of value added per employee in 2025.
Management
The stake of Saelens-Vanhove comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CAVALLINOBehind CAVALLINO are Bram SAELENS and SAELENS VANHOVE BV. The shares are held by Saelens-Vanhove (99.5%).
Directors
According to the 2025 annual accounts
Director · represented by Annick VANHOVE
Shareholders
99.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Menenstraat 30
8900 Ieper
Menenstraat 28
8900 Ieper
Active since 6 February 2001
Menenstraat 38
8900 Ieper
Active since 14 March 2025
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
- 0439.318.542
- VAT number
- BE 0439.318.542
- Registered office
- Menenstraat 30, 8900 Ieper
- Names & denominations
- CAVALLINO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1989
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Detailhandel in huishoudtextiel en beddengoed
Detailhandel in textiel
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)