CASC8
ActiveCASC8 has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €612k and a net result of €117k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+18
Solvency99▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 11.14 against 8.68 in 2024; short-term debt: 7.3% and cash: 81% of total assets), and 25.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
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
74.4%
Return on assets
14.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €612k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
28 d late
2023
6 d early
2022
7 d early
2021
31 d late
2020
24 d late
2019
91 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€612k▲ 98.4%
2024 · €308k
2018: €-2k
2019: €-10k
2020: €-15k
2021: €17k
2022: €23k
2023: €32k
2024: €308k
2018 → 2025
Total assets
€822k▲ 65.1%
2024 · €498k
2018: €3k
2019: €873
2020: €128
2021: €85k
2022: €95k
2023: €160k
2024: €498k
2018 → 2025
Net result
€117k▲ 10,317%
2024 · €1k
2018: €-5k
2019: €-7k
2020: €-6k
2021: €-18k
2022: €6k
2023: €10k
2024: €1k
2018 → 2025
Working capital
€610k▲ 101%
2024 · €304k
2018: €-2k
2019: €-10k
2020: €-15k
2021: €57k
2022: €63k
2023: €24k
2024: €304k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€23k▲ 36.9%€32k▲ 42.5%€308k▲ 855%€612k▲ 98.4%
Operating result€-18k-€6k€10k▲ 57.5%€1k▼ 87.4%€117k▲ 9,512%
Net result€-18k-€6k€10k▲ 57.9%€1k▼ 88.3%€117k▲ 10,317%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 9,512% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €822k
Fixed assets
€152k▼ 1.8%
Current assets
€670k▲ 95.3%
Equity and liabilities €822k
Equity
€612k▲ 98.4%
Debt
€210k▲ 10.9%
The debt ratio falls from 38.1% to 25.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€166k▲
2024 · €37k
Cash flow
€165k▲
2024 · €37k
Solvency
74.4%▲
2024 · 61.9%
Current ratio
11.14▲
2024 · 8.68
Quick ratio
11.14▲
2024 · 8.68
Debt / equity
0.34▼
2024 · 0.61
ROE
19.1%▲
2024 · 0.4%
ROA
14.2%▲
2024 · 0.2%
Interest coverage
1063.34▲
2024 · 383.38
Debt
€210k▲
2024 · €190k
Debt ≤ 1 year
€60k▲
2024 · €40k
Debt > 1 year
€150k=
2024 · €150k
Staff costs
€41k▲
2024 · €190
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€498k€822k▲
Fixed assets21/28€155k€152k▼
Intangible fixed assets21€155k€152k▼
Current assets29/58€343k€670k▲
Amounts receivable within one year40/41€285k€4k▼
Other amounts receivable41€285k€4k▼
Cash at bank and in hand54/58€58k€666k▲
Equity and liabilities
Total equity and liabilities10/49€498k€822k▲
Equity10/15€308k€612k▲
Contributions10/11€344k€530k▲
Reserves13-€82k
Distributable reserves133-€82k
Profit (loss) carried forward14€-35k€0▲
Amounts payable17/49€190k€210k▲
Amounts payable after more than one year17€150k€150k=
Financial debts170/4€150k€150k=
Amounts payable within one year42/48€40k€60k▲
Trade debts44€2k€11k▲
Suppliers440/4€2k€11k▲
Taxes, remuneration and social security45€3k€15k▲
Taxes450/3€3k€0▼
Remuneration and social security454/9-€15k
Other amounts payable47/48€35k€33k▼
Income statement
Code20242025
Remuneration, social security and pensions62€190€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€48k▲
Other operating charges640/8-€400
Gross operating margin9900€37k€207k▲
Operating profit (loss)9901€1k€117k▲
Financial charges65/66B€96€156▲
Recurring financial charges65€96€156▲
Profit (loss) for the period before taxes9903€1k€117k▲
Profit (loss) for the period9904€1k€117k▲
Profit (loss) for the period to be appropriated9905€1k€117k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€82k▲
Profit (loss) brought forward from the previous period14P€-36k€-35k▲
Transfer from equity791/2-€0
Transfer to equity691/2-€82k
To other reserves6921-€82k
The notes to these accounts (11 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
07-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Mandate compensation8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Mandate compensation8 facts ▸
- General meeting, 2026-08-27
- Director appointment, Dirk DENS (bestuurder)
- Director appointment, Emilio DE LA GUARDIA (bestuurder)
- Director appointment, Rolf H. SPRUNK-JANSEN (bestuurder)
- Mandate compensation, Dirk DENS
- Mandate compensation, Emilio DE LA GUARDIA
- Mandate compensation, Rolf H. SPRUNK-JANSEN
- Statutes amendment
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €117k ▲10317%
Operating result €117k, net result €117k, both a record.
31-12
Financial
Equity above €500kEq €612k ▲98.4%
4 profitable years in a row build equity to €612k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Liquidity times 5current ratio 8.68
Current ratio from 1.74 to 8.68.
31-12
Financial
Equity above €200kEq €308k ▲855%
3 profitable years in a row build equity to €308k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 4 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 366current ratio 3.01
Current ratio from 0.01 to 3.01.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26112469). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Dirk DENS
CurrentDirector · since 27-08-2026
Emilio DE LA GUARDIA
CurrentDirector · since 27-08-2026
Rolf H. SPRUNK-JANSEN
CurrentDirector · since 27-08-2026
27-08-2026
Dirk DENS: Appointed as Director
27-08-2026
Emilio DE LA GUARDIA: Appointed as Director
27-08-2026
Rolf H. SPRUNK-JANSEN: Appointed as Director
Location & real-estate footprint
Registered office, Keerbergen · 1 establishment unit since 2016
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.
Dijlestraat 33140 KeerbergenGround area
1,704 m²
Building footprint
244 m²
Volume, LiDAR
1,152 m³
Parcel 24472G0446/00S000, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CASC8
since 20162.329.148.954
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24472G0446/00S000 | Flanders | 1,704 m² | 1 · 244 m² | 12.5 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 484,142 EUR awarded · 193,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 484,142 EUR | 193,000 EUR |
Schemes
Ontwikkelingsproject
Similar companies · same sector, comparable size
ANEUROTECH
BE 0785.263.993
Alken · Eq €611k
San'Up
BE 0693.818.729
Aywaille · Eq €609k
CellCarta Biosciences
BE 0661.567.021
Charleroi · Eq €607k
RHUMAT-OS
BE 0470.737.436
Waterloo · Eq €599k
PERJUSTINAGE
BE 0466.819.527
Péruwelz · Eq €599k
Of 761 companies in sector 72101 we hold annual accounts for 481. 314 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-06-2016
Fiscal year end31-12
Activities, NACEBEL
72101Research and development on biotechnology
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.