CASCADING & SYNERGIE MANAGEMENT
ActiveSummary
CASCADING & SYNERGIE MANAGEMENT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-57k) and a net result of €-4k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.18 in 2024; short-term debt: 773.5% and cash: 3.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-673.5%
Return on assets
-46.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-57k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
24 d early
2023
29 d early
2022
21 d late
2021
31 d early
2020
26 d late
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-57k▼ 7.5%
2024 · €-53k
2018: €-91k
2019: €-93k
2020: €-91k
2021: €-59k
2022: €-53k
2023: €-49k
2024: €-53k
2018 → 2025
Total assets
€8k▼ 31.3%
2024 · €12k
2018: €13k
2019: €18k
2020: €27k
2021: €24k
2022: €14k
2023: €14k
2024: €12k
2018 → 2025
Net result
€-4k▼ 0.1%
2024 · €-4k
2018: €-1k
2019: €-1k
2020: €2k
2021: €32k
2022: €6k
2023: €4k
2024: €-4k
2018 → 2025
Working capital
€-58k▼ 6.8%
2024 · €-54k
2018: €-92k
2019: €-93k
2020: €-97k
2021: €-62k
2022: €-55k
2023: €-50k
2024: €-54k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-59k-€-53k▲ 10.2%€-49k▲ 7.5%€-53k▼ 8.0%€-57k▼ 7.5%
Operating result€19k-€6k▼ 67.6%€4k▼ 33.3%€-4k€-4k▼ 0.2%
Net result€32k-€6k▼ 81.1%€4k▼ 33.7%€-4k€-4k▼ 0.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8k
Fixed assets
€397 ▼ 43.2%
Current assets
€8k ▼ 30.6%
Key figures and ratios
EBITDA
€-4k▼
2024 · €-3k
Cash flow
€-4k▼
2024 · €-4k
Solvency
-673.5%▼
2024 · -430.5%
Current ratio
0.12▼
2024 · 0.18
Debt to equity
-1.15▲
2024 · -1.23
ROA
-46.7%▼
2024 · -32.0%
Interest coverage
-46.02▼
2024 · -42.31
Debt
€66k▲
2024 · €66k
Debt ≤ 1 year
€66k▲
2024 · €66k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12k€8k▼
Fixed assets21/28€698€397▼
Tangible fixed assets22/27€302€0▼
Furniture and vehicles24€302€0▼
Financial fixed assets28€397€397=
Current assets29/58€12k€8k▼
Amounts receivable within one year40/41€11k€7k▼
Trade receivables40€11k€7k▼
Other amounts receivable41€175€63▼
Cash at bank and in hand54/58€78€266▲
Deferred charges and accrued income490/1€525€493▼
Equity and liabilities
Total equity and liabilities10/49€12k€8k▼
Equity10/15€-53k€-57k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-115k€-119k▼
Amounts payable17/49€66k€66k▲
Amounts payable within one year42/48€66k€66k▲
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Other amounts payable47/48€59k€60k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€385€302▼
Other operating charges640/8€752€710▼
Gross operating margin9900€-3k€-3k▼
Operating profit (loss)9901€-4k€-4k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€83€78▼
Recurring financial charges65€83€78▼
Profit (loss) for the period before taxes9903€-4k€-4k▼
Profit (loss) for the period9904€-4k€-4k▼
Profit (loss) for the period to be appropriated9905€-4k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-115k€-119k▼
Profit (loss) brought forward from the previous period14P€-111k€-115k▼
The notes to these accounts (9 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
04-09
State Gazette act
Appointment: Zoë De Paepe (director)2 facts ▸
State Gazette act
Appointment: Zoë De Paepe (director)
2 facts ▸
- General meeting, 30-06-2026
- Director appointment, Zoë De Paepe (director)
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €32k ▲1935%
Operating result €19k, net result €32k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Zoë De Paepe
CurrentDirector · since 30-06-2026
30-06-2026
Appointed as Director
Location & real-estate footprint
Registered office, Malle · 1 establishment unit since 1995
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.
Antwerpsesteenweg 1152390 MalleGround area
4,385 m²
Building footprint
2,082 m²
Volume, LiDAR
11,782 m³
Parcel 11032D0006/00G000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cascading & Synergie Management
since 19952.071.453.113
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11032D0006/00G000 | Flanders | 4,385 m² | 1 · 2,082 m² | 8.2 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.
Similar companies · same sector and region
A&S Electriciteitswerken
BE 0722.672.962
Malle
All Electrix
BE 0637.762.429
Malle
AVE-Projects
BE 0800.233.568
Malle
B.E.ST ELECTRONICS BELGIUM
BE 0883.322.382
Malle
BENNY EMBRECHTS
BE 0897.775.877
Malle
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-03-1995
Fiscal year end31-12
Abbreviation NL
C.S.M.
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.