Cass
ActiveCass has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241k and a net result of €144k. Equity is growing by ~36.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 31220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency61▲+12
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.38 in 2024), and 67.9% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
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
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
32.1%
Return on assets
19.2%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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
11 d late
2024
9 d early
2023
44 d early
2022
28 d late
2021
26 d late
2020
25 d late
2019
24 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
09-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€241k▲ 22.6%
2024 · €196k
2018: €25k
2019: €25k
2020: €69k
2021: €79k
2022: €65k
2023: €88k
2024: €196k
2018 → 2025
Total assets
€750k▲ 2.4%
2024 · €733k
2018: €152k
2019: €218k
2020: €280k
2021: €367k
2022: €360k
2023: €505k
2024: €733k
2018 → 2025
Net result
€144k▲ 33.5%
2024 · €108k
2018: €205
2019: €15k
2020: €44k
2021: €45k
2022: €36k
2023: €68k
2024: €108k
2018 → 2025
Working capital
€242k▲ 23.8%
2024 · €196k
2018: €19k
2019: €23k
2020: €81k
2021: €78k
2022: €58k
2023: €87k
2024: €196k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€65k▼ 17.8%€88k▲ 36.7%€196k▲ 123%€241k▲ 22.6%
Operating result€64k-€52k▼ 19.5%€89k▲ 72.6%€142k▲ 58.5%€187k▲ 31.7%
Net result€45k-€36k▼ 19.7%€68k▲ 87.9%€108k▲ 59.8%€144k▲ 33.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 32% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €750k
Fixed assets
€9k▼ 41.7%
Current assets
€741k▲ 3.4%
Equity and liabilities €750k
Equity
€241k▲ 22.6%
Debt
€510k▼ 5.0%
The debt ratio falls from 73.2% to 67.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€193k▲
2024 · €150k
Cash flow
€151k▲
2024 · €116k
Solvency
32.1%▲
2024 · 26.8%
Current ratio
1.49▲
2024 · 1.38
Quick ratio
1.49▲
2024 · 1.38
Debt / equity
2.12▼
2024 · 2.73
ROE
60.0%▲
2024 · 55.1%
ROA
19.2%▲
2024 · 14.8%
Interest coverage
19.21▲
2024 · 13.07
Debt
€510k▼
2024 · €536k
Debt ≤ 1 year
€499k▼
2024 · €522k
Debt > 1 year
€10k▼
2024 · €15k
Income taxes
€45k▲
2024 · €34k
Staff costs
€352k▲
2024 · €351k
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€733k€750k▲
Fixed assets21/28€15k€9k▼
Tangible fixed assets22/27€15k€9k▼
Plant, machinery and equipment23€14k€9k▼
Furniture and vehicles24€700€312▼
Leasing and similar rights25€387-
Current assets29/58€717k€741k▲
Amounts receivable after more than one year29€160k€170k▲
Other amounts receivable291€160k€170k▲
Amounts receivable within one year40/41€405k€224k▼
Trade receivables40€336k€187k▼
Other amounts receivable41€69k€37k▼
Cash at bank and in hand54/58€121k€304k▲
Deferred charges and accrued income490/1€31k€43k▲
Equity and liabilities
Total equity and liabilities10/49€733k€750k▲
Equity10/15€196k€241k▲
Contributions10/11€19k€19k=
Reserves13€178k€222k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€176k€220k▲
Amounts payable17/49€536k€510k▼
Amounts payable after more than one year17€15k€10k▼
Financial debts170/4€15k€10k▼
Amounts payable within one year42/48€522k€499k▼
Current portion of amounts payable after more than one year42€5k€4k▼
Financial debts43€68k€87k▲
Credit institutions430/8€68k€87k▲
Trade debts44€258k€257k▼
Suppliers440/4€258k€257k▼
Taxes, remuneration and social security45€191k€151k▼
Taxes450/3€117k€126k▲
Remuneration and social security454/9€75k€25k▼
Income statement
Code20242025
Non-recurring operating income76A€7k-
Remuneration, social security and pensions62€351k€352k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€21k€7k▼
Gross operating margin9900€522k€552k▲
Operating profit (loss)9901€142k€187k▲
Financial income75/76B€12k€13k▲
Recurring financial income75€12k€13k▲
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€142k€190k▲
Income taxes67/77€34k€45k▲
Profit (loss) for the period9904€108k€144k▲
Profit (loss) for the period to be appropriated9905€108k€144k▲
Appropriation of the result
Profit (loss) to be appropriated9906€108k€144k▲
Transfer from equity791/2-€100k
Transfer to equity691/2€108k€144k▲
To other reserves6921€108k€144k▲
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
The notes to these accounts (6 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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Highest result since 2018net €144k ▲33.5%
Operating result €187k, net result €144k, both a record.
31-12
Financial
Equity above €200kEq €241k ▲22.6%
8 profitable years in a row build equity to €241k.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €196k ▲123%
7 profitable years in a row build equity to €196k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
09-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 70 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
no sitting director, last change in 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-12-2025
Resigned as Manager
Not every act has been read: a resignation may be missing here
3 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Keerbergen · 1 establishment unit since 2006
Ground area
748 m²
Building footprint
111 m²
Volume, LiDAR
543 m³
Parcel 24048C0274/00M000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Schrieksebaan 66, 3140 Keerbergen
since 20062.152.001.220
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048C0274/00M000 | Flanders | 748 m² | 1 · 111 m² | 7.8 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, comparable size
XAVIER ETIENNE
BE 0476.934.449
Modave · Eq €241k
V en H TRA GEEL
BE 0439.525.806
Geel · Eq €241k
Vervoer Markatrans
BE 0412.905.541
Oudenaarde · Eq €241k
HILTRANS ROAD SERVICES
BE 0871.066.928
Knokke-Heist · Eq €241k
de Vreese containertransport
BE 0423.349.372
Antwerpen · Eq €241k
Of 12,434 companies in sector 49410 we hold annual accounts for 8,074. 5,976 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2006
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
70200Business and other management consultancy
70220Business consulting
74142
52230Warehousing and support activities for transportation
52740
63230
71340
77399Renting and leasing of other machinery, equipment and tangible goods
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.