CASEO
ActiveCASEO has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417k and a net result of €43k. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-2
Solvency94▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.09 against 2.34 in 2024; short-term debt: 28.4% and cash: 1.3% of total assets), and 31.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
68.5%
Return on assets
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
50 d early
2023
37 d early
2022
35 d early
2021
43 d early
2020
32 d early
2019
92 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€43k▼ 22.3%
2024 · €55k
2018: €-14k
2019: €-8k
2020: €1k
2021: €67k
2022: €9k
2023: €93k
2024: €55k
2018 → 2025
Working capital
€362k▲ 12.9%
2024 · €321k
2018: €93k
2019: €89k
2020: €91k
2021: €160k
2022: €170k
2023: €263k
2024: €321k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€217k-€226k▲ 4.1%€319k▲ 41.2%€374k▲ 17.3%€417k▲ 11.4%
Operating result€100k-€13k▼ 86.5%€125k▲ 837%€84k▼ 33.0%€69k▼ 17.5%
Net result€67k-€9k▼ 86.7%€93k▲ 949%€55k▼ 40.8%€43k▼ 22.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €609k
Fixed assets
€74k▲ 37.6%
Current assets
€535k▼ 4.3%
Equity and liabilities €609k
Equity
€417k▲ 11.4%
Debt
€192k▼ 19.6%
The debt ratio falls from 38.9% to 31.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€75k▼
2024 · €87k
Cash flow
€48k▼
2024 · €58k
Solvency
68.5%▲
2024 · 61.1%
Current ratio
3.09▲
2024 · 2.34
Quick ratio
2.40▲
2024 · 1.80
Debt / equity
0.46▼
2024 · 0.64
ROE
10.3%▼
2024 · 14.7%
ROA
7.0%▼
2024 · 9.0%
Interest coverage
10.26▼
2024 · 39.36
Debt
€192k▼
2024 · €239k
Debt ≤ 1 year
€173k▼
2024 · €239k
Debt > 1 year
€19k
Income taxes
€22k▼
2024 · €27k
Staff costs
€137k▲
2024 · €90k
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€613k€609k▼
Fixed assets21/28€54k€74k▲
Intangible fixed assets21€649-
Tangible fixed assets22/27€53k€74k▲
Land and buildings22€50k€50k▼
Plant, machinery and equipment23-€667
Furniture and vehicles24€3k€23k▲
Current assets29/58€559k€535k▼
Stocks and contracts in progress3€129k€120k▼
Stocks30/36€129k€120k▼
Amounts receivable within one year40/41€426k€403k▼
Trade receivables40€191k€168k▼
Other amounts receivable41€235k€236k▲
Cash at bank and in hand54/58€3k€8k▲
Deferred charges and accrued income490/1€885€4k▲
Equity and liabilities
Total equity and liabilities10/49€613k€609k▼
Equity10/15€374k€417k▲
Contributions10/11€105k€105k=
Capital10€105k€105k=
Issued capital100€105k€105k=
Reserves13€13k€13k=
Non-distributable reserves130/1€11k-
Legal reserve130€11k-
Distributable reserves133€2k€13k▲
Profit (loss) carried forward14€256k€299k▲
Amounts payable17/49€239k€192k▼
Amounts payable after more than one year17-€19k
Financial debts170/4-€19k
Amounts payable within one year42/48€239k€173k▼
Current portion of amounts payable after more than one year42€32k€37k▲
Trade debts44€173k€91k▼
Suppliers440/4€173k€91k▼
Taxes, remuneration and social security45€22k€35k▲
Taxes450/3€11k€27k▲
Remuneration and social security454/9€10k€8k▼
Other amounts payable47/48€12k€10k▼
Income statement
Code20242025
Remuneration, social security and pensions62€90k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€10k€16k▲
Non-recurring operating charges66A-€36
Gross operating margin9900€187k€227k▲
Operating profit (loss)9901€84k€69k▼
Financial income75/76B€588€3k▲
Recurring financial income75€588€3k▲
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€82k€65k▼
Income taxes67/77€27k€22k▼
Profit (loss) for the period9904€55k€43k▼
Profit (loss) for the period to be appropriated9905€55k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€256k€299k▲
Profit (loss) brought forward from the previous period14P€201k€256k▲
Social balance
Average headcount (FTE)90872.33.4▲
The notes to these accounts (12 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €93k ▲949%
Operating result €125k, net result €93k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €217k ▲44.4%
2 profitable years in a row build equity to €217k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €150k ▲1%
Equity rises from €149k to €150k.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
19-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1976
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.
Elsenstraat 2A2170 AntwerpenGround area
1,311 m²
Building footprint
734 m²
Volume, LiDAR
4,573 m³
Parcel 11422C0010/00P003, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Elsenstraat 2A, 2170 Antwerpen
since 19762.012.710.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0010/00P003 | Flanders | 1,311 m² | 1 · 734 m² | 7.7 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
2023 to 2025 · 2 entries · 796 EUR awarded · 511 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 285 EUR | 0 EUR |
| 2023 | 1 | 511 EUR | 511 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
6488SZCQ59Y4420L4D50
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GLOBACIER
BE 0865.209.019
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YUCON SOLUTIONS
BE 0508.855.070
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RMIG
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Of 732 companies in sector 46820 we hold annual accounts for 387. 266 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-04-1976
Fiscal year end31-12
Activities, NACEBEL
46820Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.