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CAUSA SUI

Active
Private limited companyfounded 2021active for 5 yearsKrugerstraat 232, 2660 Antwerpen, BelgiumKBO/BCE: BE 0774.580.929
Summary

The annual accounts of CAUSA SUI for financial year 2025 show a net loss of 534% of the equity at the start of that year. The 2025 annual accounts show equity of €25,994 and a net result of -€29,533. Equity has been shrinking by about 10% per year since 2022. Its solvency ranks better than 16% of 199 sector peers (NACE 13, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-09-2021 Normal situation
Registered office
26 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Finishing of textiles NACE 13300and 1 other
Establishment unit
2.322.188.710 2660 Antwerpen, since 24-09-2021
Financial year end
31 December
Peppol
Reachable since 11-12-2025

Board and ownership

Board
  • BV Verlicht KapitaalDirector · permanent representative Maarten Tak
  • Wainui BVDirector
Shareholders

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
-€10,474
Loss
€29,533
▲ 585%
Equity
€25,994
▲ 370%
Total assets
€193,624
▲ 69.4%
Turnover not published (abbreviated or micro format)
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €29,533, the second in a row (financial year 2025)lowers riskSector: Manufacture of textiles (NACE 13)Liquidity: current ratio 0.75, cash €49,423Size: total assets €193,624Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 37% of micro companies in textiles (NACE 13)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 38+8
equity 13.4% of total assets
Liquidity 34+28
short-term debt 86.6% · cash 25.5%
Profitability 0-26
return on assets -15.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.5%▼ -0.1 percentage points vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.6%▼ -0.3 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.75 (0.26 in 2024), below 1. Short-term debt is 86.6% and cash 25.5% of total assets. 86.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 13, micro). It does better than 20% of them on solvency, 23% on liquidity, 6% on profitability and 98% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
lowers risk · Liquidity: current ratio 0.75, cash €49,423
NBB · annual accounts
lowers risk · Size: total assets €193,624
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €29,533, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 199 sector peers (2025).
NBB · sector comparison
Position among 199 sector peers
Solvency
better than 16%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year €25,994
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
1 day early
2024
27 days late
2023
29 days late
2022
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 29 days after the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€29,533 View
  • Caution: Less equity than 86% of companies in textilessector median €463,028 · 199 companies €25,994 View

Recent changes

  1. · Gazette deed Capital increase of €49,999.60 to €56,499.60
  2. · Gazette deed 1 director appointed, 1 director resigningAppointment: BV Verlicht Kapitaal (director) · Permanent representative: Maarten Tak · Resignation: Maarten Tak (director)
  3. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as CAUSA SUI: finishing of textiles (NACE 13300). They are comparable in size and age: total assets between €36,800 and €208,000, founded between 2013 and 2023.

CompanyTotal assetsGross margin
CAUSA SUI Antwerpen€193,624-€10,474
Group Arrivista Hasselt€208,092€2,340
SQUALE-LINE Beloeil€84,481-€19,355
Graffiti 3D Bornem€36,754-€7,147
Coopérative d'impression textile Liège€52,247€5,281
Apparel and skate art printing Vorst€78,034€7,044
BFE GROUP Etterbeek€49,517-
Full comparison

Key facts about CAUSA SUI

What is the company number of CAUSA SUI?
The company number of CAUSA SUI is 0774.580.929. The VAT number is the same number with BE in front: BE 0774.580.929.
Where is CAUSA SUI based?
The registered office is at Krugerstraat 232, 2660 Antwerpen.Company details
What does CAUSA SUI do?
According to the KBO register, the main activity is finishing of textiles (NACE 13300).
What is the legal form of CAUSA SUI?
The legal form of CAUSA SUI is Private limited company (BV).
When was CAUSA SUI founded?
CAUSA SUI was founded on 24-09-2021.
Is CAUSA SUI still active?
Yes, CAUSA SUI is an active enterprise in the KBO register.
What is the turnover of CAUSA SUI?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is CAUSA SUI profitable?
In financial year 2025, CAUSA SUI made a loss of €29,533.
Where can I find the annual accounts of CAUSA SUI?
CAUSA SUI filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CAUSA SUI due?
CAUSA SUI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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