CASTEL
Open bankruptcyA bankruptcy procedure is open for CASTEL according to publications in the Belgian State Gazette; curator: AN NOTELTEIRS.
Summary
The 2025 annual accounts show equity of €371k and a net result of €57k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
79 d early
2023
7 d early
2022
6 d early
2021
22 d late
2020
22 d early
2019
51 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€371k▲ 18.1%
2024 · €314k
2019: €468k
2020: €431k
2021: €358k
2022: €351k
2023: €336k
2024: €314k
2019 → 2025
Total assets
€535k▼ 21.3%
2024 · €680k
2019: €697k
2020: €589k
2021: €769k
2022: €656k
2023: €566k
2024: €680k
2019 → 2025
Net result
€57k
2024 · €-22k
2019: €1k
2020: €-37k
2021: €-73k
2022: €-7k
2023: €-15k
2024: €-22k
2019 → 2025
Working capital
€362k▲ 38.2%
2024 · €262k
2019: €315k
2020: €310k
2021: €329k
2022: €259k
2023: €247k
2024: €262k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€358k-€351k▼ 1.9%€336k▼ 4.2%€314k▼ 6.5%€371k▲ 18.1%
Operating result€-75k-€-7k▲ 90.5%€-16k▼ 120%€-16k=€162k
Net result€-73k-€-7k▲ 90.5%€-15k▼ 112%€-22k▼ 47.0%€57k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €162k after a loss of €16k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €535k
Fixed assets
€9k ▼ 88.6%
Current assets
€526k ▼ 12.1%
Equity and liabilities €535k
Equity
€371k ▲ 18.1%
Debt
€164k ▼ 55.1%
Debt's share of the balance-sheet total falls from 53.8% to 30.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€165k▲
2024 · €-314
Cash flow
€60k▲
2024 · €-6k
Current ratio
3.20▲
2024 · 1.78
Debt to equity
0.44▼
2024 · 1.17
ROE
15.3%▲
2024 · -6.9%
ROA
10.6%▲
2024 · -3.2%
Interest coverage
8.84▲
2024 · -0.03
Debt ≤ 1 year
€164k▼
2024 · €336k
Income taxes
€21k▲
2024 · €400
Staff costs
€270k▼
2024 · €318k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€680k€535k▼
Fixed assets21/28€82k€9k▼
Tangible fixed assets22/27€75k€2k▼
Land and buildings22€59k-
Plant, machinery and equipment23€643-
Furniture and vehicles24€15k€2k▼
Financial fixed assets28€7k€7k=
Current assets29/58€598k€526k▼
Amounts receivable within one year40/41€588k€493k▼
Trade receivables40€254k€61k▼
Other amounts receivable41€334k€431k▲
Current investments50/53€169€169=
Cash at bank and in hand54/58€4k€20k▲
Deferred charges and accrued income490/1€6k€13k▲
Equity and liabilities
Total equity and liabilities10/49€680k€535k▼
Equity10/15€314k€371k▲
Contributions10/11€200k€200k=
Reserves13€114k€171k▲
Non-distributable reserves130/1€20k€20k=
Reserves not available under the articles1311€20k€20k=
Tax-exempt reserves132€27k€27k=
Distributable reserves133€67k€124k▲
Amounts payable17/49€366k€164k▼
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€336k€164k▼
Current portion of amounts payable after more than one year42€5k€4k▼
Financial debts43€181k€4k▼
Credit institutions430/8€181k€4k▼
Trade debts44€84k€121k▲
Suppliers440/4€84k€121k▲
Taxes, remuneration and social security45€66k€34k▼
Taxes450/3€17k€22k▲
Remuneration and social security454/9€49k€12k▼
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3€26k-
Income statement
Code20242025
Remuneration, social security and pensions62€318k€270k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€3k▼
Other operating charges640/8€7k€10k▲
Gross operating margin9900€325k€444k▲
Operating profit (loss)9901€-16k€162k▲
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€10k€89k▲
Recurring financial charges65€10k€19k▲
Non-recurring financial charges66B-€70k
Profit (loss) for the period before taxes9903€-21k€78k▲
Income taxes67/77€400€21k▲
Profit (loss) for the period9904€-22k€57k▲
Profit (loss) for the period to be appropriated9905€-22k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€57k▲
Transfer from equity791/2€22k-
Transfer to equity691/2-€57k
To other reserves6921-€57k
Social balance
Average headcount (FTE)90874.33.6▼
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
18-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · CASTEL BV DIAMANTSTRAAT (HRT) 8/299, 2200 HERENTALS · event 08-09-2026
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €57k
Net result €57k after 5 loss-making years.
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
31-03
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series.
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Herentals · 1 establishment unit since 1994
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.
Diamantstraat (HRT) 82200 HerentalsGround area
1.2 ha
Building footprint
3,044 m²
Volume, LiDAR
52,510 m³
Parcel 13027A0065/00F002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
CASTEL
since 19942.065.594.313
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0065/00F002 | Flanders | 1.2 ha | 1 · 3,044 m² | 24.1 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | AN NOTELTEIRS VIERSELSE BAAN 14 A/101,
2280 GROBBENDONK |
08-09-2026 → present |
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Of 9,860 companies in sector 73110 we hold annual accounts for 3,753. 2,387 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-1994
Fiscal year end31-03
Activities, NACEBEL 2025
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.