KASIBEL
ActiveSummary
KASIBEL has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €347. Equity is growing by ~52.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-27
Solvency99▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 3.36 against 4.33 in 2024; short-term debt: 25.9% and cash: 38.1% of total assets), and 25.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
74.1%
Return on assets
1.7%
Age of the figures
9 mo
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
49 d early
2023
44 d early
2022
38 d early
2021
49 d early
2020
16 d late
2019
39 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▲ 2.3%
2024 · €15k
2018: €-1k
2019: €1k
2020: €1k
2021: €4k
2022: €5k
2023: €11k
2024: €15k
2018 → 2025
Total assets
€21k▲ 14.3%
2024 · €18k
2018: €2k
2019: €6k
2020: €6k
2021: €10k
2022: €12k
2023: €19k
2024: €18k
2018 → 2025
Net result
€347▼ 91.8%
2024 · €4k
2018: €-7k
2019: €2k
2020: €148
2021: €3k
2022: €3k
2023: €5k
2024: €4k
2018 → 2025
Working capital
€13k▲ 21.6%
2024 · €10k
2018: €-2k
2019: €691
2020: €-2k
2021: €-25
2022: €-1k
2023: €3k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€5k▲ 45.1%€11k▲ 95.5%€15k▲ 39.3%€15k▲ 2.3%
Operating result€3k-€7k▲ 103%€8k▲ 22.3%€7k▼ 22.7%€2k▼ 70.9%
Net result€3k-€3k▲ 3.1%€5k▲ 102%€4k▼ 19.6%€347▼ 91.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 71% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€3k ▼ 41.4%
Current assets
€18k ▲ 33.2%
Equity and liabilities €21k
Equity
€15k ▲ 2.3%
Debt
€5k ▲ 71.8%
Debt's share of the balance-sheet total rises from 17.2% to 25.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €10k
Cash flow
€2k▼
2024 · €7k
Current ratio
3.36▼
2024 · 4.33
Debt to equity
0.35▲
2024 · 0.21
ROE
2.3%▼
2024 · 28.2%
ROA
1.7%▼
2024 · 23.3%
Interest coverage
18.89▼
2024 · 72.28
Debt ≤ 1 year
€5k▲
2024 · €3k
Income taxes
€1k▼
2024 · €2k
Staff costs
€163▲
2024 · €0
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18k€21k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€13k€18k▲
Amounts receivable after more than one year29€13k€10k▼
Trade receivables290€13k€10k▼
Amounts receivable within one year40/41€297€91▼
Trade receivables40€206€0▼
Other amounts receivable41€91€91=
Cash at bank and in hand54/58€280€8k▲
Equity and liabilities
Total equity and liabilities10/49€18k€21k▲
Equity10/15€15k€15k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€7k€7k▲
Amounts payable17/49€3k€5k▲
Amounts payable within one year42/48€3k€5k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48-€428
Income statement
Code20242025
Remuneration, social security and pensions62€0€163▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€1k€645▼
Gross operating margin9900€11k€5k▼
Operating profit (loss)9901€7k€2k▼
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€135€201▲
Recurring financial charges65€135€201▲
Profit (loss) for the period before taxes9903€6k€2k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€4k€347▼
Profit (loss) for the period to be appropriated9905€4k€347▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€7k▲
Profit (loss) brought forward from the previous period14P€3k€7k▲
The notes to these accounts (13 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 4.33
Current ratio from 1.37 to 4.33; short-term debt falls from €8k to €3k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €5k ▲102%
Operating result €8k, net result €5k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.14
Current ratio from 0.34 to 1.14.
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial 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, Ukkel · 1 establishment unit since 2012
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.
Prins de Lignelaan 891180 UkkelGround area
1.1 ha
Building footprint
1,362 m²
Volume, LiDAR
15,065 m³
2 parcels, Brussels · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KASIBEL
since 20122.207.416.726
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0529/00A000 | Brussels | 7,555 m² | 1 · 1,209 m² | 14.1 m · 4 fl. |
| 21612C0163/00Y002 | Brussels | 3,843 m² | 1 · 153 m² | 16.1 m · 4 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
APOTHEKER BUYSE CHARLOTTE
BE 0777.770.744
Aalter · Eq €15,316
Prometheus HealthCare
BE 0777.579.615
Incourt · Eq €15,229
BE 'O NATUREL
BE 0888.246.618
Bastogne · Eq €15,223
PHARMACIE SAIDI
BE 0764.814.910
Sint-Gillis (bij-Brussel) · Eq €15,500
PERPHARM
BE 0478.611.658
Péruwelz · Eq €15,509
Of 5,220 companies in sector 47730 we hold annual accounts for 3,861. 1,187 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
Founded17-02-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.