Castilaw · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Castilaw is 0.5% (low). The 2025 annual accounts show equity of €202k and a net result of €88k. Equity is growing by ~63.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 1943 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

3 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 88% of 1943 peers (2025). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	12-01-2026	19 d early	2026-00005738
30-06-2024	31-01-2025	29-11-2024	63 d early	2024-00607884
30-06-2023	31-01-2024	31-01-2024	on the day	2024-00015042

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.5% Low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€88k+50.9%

Working capital€131k+298.3%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 12-01-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~63.8%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 69, Legal & accounting · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	87.3%	53.8%	better than 88% of 1943 sector peers
Net result	€88k	€43k	better than 78% of 1943 sector peers
Equity	€202k	€56k	better than 85% of 1944 sector peers
Gross operating margin	€122k	€68k	better than 76% of 1942 sector peers
Total assets	€232k	€133k	better than 71% of 1943 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P88

Improving position over 2023-2025 · n=1943-4818

Net result P78

Stable position over 2023-2025 · n=1943-4815

Equity P85

Improving position over 2023-2025 · n=1944-4818

Gross operating margin P76

Stable position over 2023-2025 · n=1942-4813

Describes the position versus peers, not a forecast.

EBITDA

€122k

+39.7% 23-25

Net profit

€88k

+50.9% 23-25

Cash flow

€98k

+43.6% 23-25

Total assets

€232k

+29.8% 23-25

Equity

€202k

+76.8% 23-25

Working capital

€131k

+298.3% 23-25

Income taxes

€24k

+53.4% 23-25

Debt

€29k

-54.1% 23-25

Debt ≤ 1y

€29k

-54.1% 23-25

Current ratio

5.47

+261.0% 23-25

Quick ratio

5.47

+261.0% 23-25

Solvency

87.3%

+36.2% 23-25

Debt / equity

0.15

-74.1% 23-25

ROE

43.4%

-14.7% 23-25

ROA

37.9%

+16.2% 23-25

Interest coverage

583.16

+2287.0% 23-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€122k
Net profit	€88k
Cash flow	€98k
Staff costs	-
Income taxes	€24k
Dividends	-
Total assets	€232k
Equity	€202k
Debt	€29k
of which ≤ 1y	€29k
of which > 1y	-
Working capital	€131k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	5.47
Quick ratio	5.47
Working capital ratio	56.6%
Solvency	87.3%
Debt / equity	0.15
Long-term debt ratio	-
Interest coverage	583.16
Gross margin	-
Net margin	-
ROA	37.9%
ROE	43.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €71k · 30.7% Current assets €161k · 69.3%

Equity & liabilities

Equity €202k · 87.3% Debt €29k · 12.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€232k
Fixed assets	21/28	€71k
Intangible fixed assets	21	€67k
Tangible fixed assets	22/27	€4k
Current assets	29/58	€161k
Amounts receivable within one year	40/41	€1k
Cash & bank	54/58	€158k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€232k
Equity	10/15	€202k
Contributions / capital	10/11	€2k
Accumulated profits (losses)	14	€200k
Amounts payable	17/49	€29k
Amounts payable within one year	42/48	€29k
Trade debts payable within one year	44	€616
Income statement
Gross operating margin	9900	€122k
Operating result	9901	€112k
Financial income	75	€0
Financial charges	65	€209
Result before taxes	9903	€111k
Income taxes	67/77	€24k
Net result for the period	9904	€88k
Result to be appropriated	9905	€88k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Tervurenlaan 36-381040 Etterbeek

Establishment units

1 location

Bloemenlaan 31, 1950 Kraainem

Activiteiten van advocaten

since 20222.341.055.408

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area4,125 m²

Buildings2

Building footprint2,019 m²

Volume (LiDAR)25,338 m³

Tallest building27.9 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21005A0576/00G002 ProtectedArchitectural ensembleGeheel van eclectische huizenSource ↗	Brussels	3,287 m²	1 · 1,858 m²	27.9 m · 2 fl.
22002B0153/00V004	Flanders	838 m²	1 · 161 m²	10.1 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

2 acts

Address history · 1

26-02-2026

Registered-office move

All acts · 2 updated 5 months ago

2026

26-02-2026 Registered office moved from WOLUWE-SAINT-PIERRE to Bruxelles Registered-office change

AVENUE DU PILOTE 25 à 1150 WOLUWE-SAINT-PIERRE → Avenue de Tervueren 36-38 à 1040 Bruxelles

Original publication ↗

2022

28-12-2022 Incorporation of a new SRL Incorporation

Summary: oprichting

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

94 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 100

Growth 78

Stability 94

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