Kaas & Zo
ActiveKaas & Zo has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €14k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 87% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+13
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 5.02 against 4.94 in 2024; short-term debt: 19% and cash: 50.6% of total assets), and 19.4% 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 47
Relative position
BE, all sectors
reference
Sector 47
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
80.6%
Return on assets
13.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
43 d early
2023
21 d early
2022
39 d early
2021
38 d early
2020
30 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€85k▲ 19.8%
2024 · €71k
2018: €46k
2019: €41k
2020: €43k
2021: €50k
2022: €54k
2023: €69k
2024: €71k
2018 → 2025
Total assets
€106k▲ 19.2%
2024 · €89k
2018: €58k
2019: €60k
2020: €65k
2021: €71k
2022: €75k
2023: €91k
2024: €89k
2018 → 2025
Net result
€14k▲ 521%
2024 · €2k
2018: €4k
2019: €-5k
2020: €2k
2021: €8k
2022: €4k
2023: €15k
2024: €2k
2018 → 2025
Working capital
€81k▲ 27.5%
2024 · €63k
2018: €33k
2019: €25k
2020: €34k
2021: €43k
2022: €47k
2023: €62k
2024: €63k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€54k▲ 7.4%€69k▲ 27.5%€71k▲ 3.3%€85k▲ 19.8%
Operating result€11k-€7k▼ 40.3%€21k▲ 222%€4k▼ 81.8%€19k▲ 377%
Net result€8k-€4k▼ 50.9%€15k▲ 300%€2k▼ 84.8%€14k▲ 521%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 377% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €106k
Fixed assets
€5k▼ 47.2%
Current assets
€101k▲ 27.0%
Equity and liabilities €106k
Equity
€85k▲ 19.8%
Debt
€20k▲ 16.7%
The debt ratio falls from 19.8% to 19.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▲
2024 · €6k
Cash flow
€16k▲
2024 · €4k
Solvency
80.6%▲
2024 · 80.2%
Current ratio
5.02▲
2024 · 4.94
Quick ratio
4.50▲
2024 · 4.13
Debt / equity
0.24▼
2024 · 0.25
ROE
16.5%▲
2024 · 3.2%
ROA
13.3%▲
2024 · 2.6%
Interest coverage
56.46▲
2024 · 21.04
Debt
€20k▲
2024 · €18k
Debt ≤ 1 year
€20k▲
2024 · €16k
Income taxes
€5k▲
2024 · €1k
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€89k€106k▲
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€7k€5k▼
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€2k€0▼
Current assets29/58€79k€101k▲
Stocks and contracts in progress3€13k€10k▼
Stocks30/36€13k€10k▼
Amounts receivable within one year40/41€6k€36k▲
Trade receivables40€895€7k▲
Other amounts receivable41€5k€29k▲
Cash at bank and in hand54/58€60k€53k▼
Deferred charges and accrued income490/1€765€538▼
Equity and liabilities
Total equity and liabilities10/49€89k€106k▲
Equity10/15€71k€85k▲
Contributions10/11€25k€25k=
Reserves13€46k€60k▲
Tax-exempt reserves132€459€459=
Distributable reserves133€46k€60k▲
Amounts payable17/49€18k€20k▲
Amounts payable within one year42/48€16k€20k▲
Trade debts44€10k€15k▲
Suppliers440/4€10k€15k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€542€4k▲
Remuneration and social security454/9€2k€1k▼
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3€1k€377▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€897▼
Gross operating margin9900€7k€22k▲
Operating profit (loss)9901€4k€19k▲
Financial income75/76B€52€1k▲
Recurring financial income75€52€1k▲
Financial charges65/66B€279€368▲
Recurring financial charges65€279€368▲
Profit (loss) for the period before taxes9903€4k€20k▲
Income taxes67/77€1k€5k▲
Profit (loss) for the period9904€2k€14k▲
Profit (loss) for the period to be appropriated9905€2k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€14k▲
Transfer to equity691/2€2k€14k▲
To other reserves6921€2k€14k▲
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €15k ▲300%
Operating result €21k, net result €15k, both a record.
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-5k ▼232%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
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
3 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, Roeselare · 1 establishment unit since 2005
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.
Manestraat 158800 RoeselareGround area
78 m²
Building footprint
96 m²
Volume, LiDAR
664 m³
Parcel 36503C1625/00B000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kaas & Zo
since 20052.145.470.942
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36503C1625/00B000 | Flanders | 78 m² | 1 · 96 m² | 11.9 m · 3 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
Beveren Broecke
BE 0473.906.366
Beveren-Kruibeke-Zwijndrecht · Eq €84k
ST MICHEL
BE 0430.903.890
Waterloo · Eq €83k
KEURKAAS DICKERS
BE 0421.266.842
Antwerpen · Eq €82k
AGLAVE-MEURIN
BE 0775.525.094
Sint-Lambrechts-Woluwe · Eq €81k
TOMMISSEN-COOPMAN
BE 0844.002.047
Diksmuide · Eq €79k
Of 395 companies in sector 47271 we hold annual accounts for 154. 122 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2005
Fiscal year end30-09
Activities, NACEBEL
47271Retail trade
47291Retail trade
47279Other retail sale of food
47299Retail trade
52272
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.