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De Christelijke Sociale Werken van het Arrondissement Brussel

Active
Public limited companyfounded 195769 yrs activePletinckxstraat 19, 1000 Brussel, BelgiumKBO/BCE: BE 0403.314.815
Summary

De Christelijke Sociale Werken van het Arrondissement Brussel has been active since 1957 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.3m and a net result of €100,094. Equity is growing by ~3.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

De Christelijke Sociale Werken van het Arrondissement BrusselActiveChecked score 85/100

Checked score

Score 2024
Axes · tick = 2023
Profitability71▲+24
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 21.93 against 14.52 in 2023; short-term debt: 2.2% and cash: 17.5% of total assets), and 2.4% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 69 years 0 70 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
97.6%
Return on assets
1.6%
Age of the figures
21 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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
43 d early
2023
19 d early
2022
3 d early
2021
24 d early
2020
32 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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. Usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

De Christelijke Sociale Werken van het Arrondissement Brussel was incorporated on 8 March 1957.1 The board currently has 2 members; DESTREBECQ Anne-Thérèse has served longest, since 2026.2 Total assets rose from EUR 5.4 million in 2018 to EUR 6.4 million in 2024 and headcount from 10.6 to 10.6 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 10-09-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet

Equity
€6.3m▲ 1.6%
2023 · €6.2m
Total assets
€6.4m▲ 0.3%
2023 · €6.4m
Net result
€100,094▼ 58.3%
2023 · €240,160
Working capital
€3.0m▲ 3.1%
2023 · €2.9m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€224,671▲ 8.8%€250,620▲ 11.5%€307,794▲ 22.8%€215,418▼ 30.0%€122,092▼ 43.3%
Net result€189,009above the sector's middle half▼ 11.4%€191,834above the sector's middle half▲ 1.5%€159,558above the sector's middle half▼ 16.8%€240,160above the sector's middle half▲ 50.5%€100,094above the sector's middle half▼ 58.3%
Equity€5.6mabove the sector's middle half▲ 3.5%€5.8mabove the sector's middle half▲ 3.4%€5.9mabove the sector's middle half▲ 2.8%€6.2mabove the sector's middle half▲ 4.0%€6.3mabove the sector's middle half▲ 1.6%
Total assets€5.9mabove the sector's middle half▲ 4.9%€5.9mabove the sector's middle half▲ 0.2%€6.1mabove the sector's middle half▲ 2.7%€6.4mabove the sector's middle half▲ 5.3%€6.4mabove the sector's middle half▲ 0.3%
Debt€333,697▲ 35.1%€152,191▼ 54.4%€150,294▼ 1.2%€235,462▲ 56.7%€152,846▼ 35.1%
Working capital€2.6mabove the sector's middle half▼ 5.7%€2.9mabove the sector's middle half▲ 10.3%€3.2mabove the sector's middle half▲ 12.0%€2.9mabove the sector's middle half▼ 8.9%€3.0mabove the sector's middle half▲ 3.1%
Solvency94.4%above the sector's middle half▼ 1.3pp97.4%above the sector's middle half▲ 3.1pp97.5%above the sector's middle half▲ 0.1pp96.3%above the sector's middle half▼ 1.2pp97.6%above the sector's middle half▲ 1.3pp
Current ratio8.95above the sector's middle half▼ 12.8823.50above the sector's middle half▲ 14.5524.64above the sector's middle half▲ 1.1414.52above the sector's middle half▼ 10.1221.93above the sector's middle half▲ 7.40
Return on assets (ROA)3.2%within the sector's middle half▼ 0.6pp3.2%within the sector's middle half=2.6%within the sector's middle half▼ 0.6pp3.7%within the sector's middle half▲ 1.1pp1.6%within the sector's middle half▼ 2.2pp
Staff (FTE)9.7above the sector's middle half▼ 9.3%9.4above the sector's middle half▼ 3.1%9.6above the sector's middle half▲ 2.1%9.2above the sector's middle half▼ 4.2%10.6above the sector's middle half▲ 15.2%
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2020: €224,671€224,671Net result 2020: €189,009€189,009Operating result 2021: €250,620€250,620Net result 2021: €191,834€191,834Operating result 2022: €307,794€307,794Net result 2022: €159,558€159,558Operating result 2023: €215,418€215,418Net result 2023: €240,160€240,160Operating result 2024: €122,092€122,092Net result 2024: €100,094€100,09420202021202220232024€0€100,000€200,000€300,000Operating result 2022: €307,794€308,000Net result 2022: €159,558€160,000Operating result 2023: €215,418€215,000Net result 2023: €240,160€240,000Operating result 2024: €122,092€122,000Net result 2024: €100,094202220232024
The operating result has fallen two years in a row; 2024 is 43% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.4m
Fixed assets €3.3m ▼ 0.1%
Current assets €3.1m ▲ 0.6%
Equity and liabilities €6.4m
Equity €6.3m ▲ 1.6%
Debt €152,846 ▼ 35.1%
Debt's share of the balance-sheet total falls from 3.7% to 2.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€393,806▼
2023 · €458,672
Cash flow
€371,807▼
2023 · €483,415
Debt to equity
0.02▼
2023 · 0.04
ROE
1.6%▼
2023 · 3.9%
Interest coverage
46.03▲
2023 · -7.67
Debt ≤ 1 year
€143,623▼
2023 · €215,539
Income taxes
€33,749▼
2023 · €47,316
Staff costs
€646,547▲
2023 · €562,991
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€6.4m€6.4m▲
Fixed assets21/28€3.3m€3.3m▼
Tangible fixed assets22/27€3.3m€3.3m▼
Land and buildings22€3.2m€3.2m▲
Plant, machinery and equipment23€7,011-
Furniture and vehicles24€80,943€69,183▼
Financial fixed assets28€240€198▼
Current assets29/58€3.1m€3.1m▲
Amounts receivable within one year40/41€559,561€556,695▼
Trade receivables40€485,765€430,377▼
Other amounts receivable41€73,796€126,318▲
Current investments50/53€1.6m€1.4m▼
Cash at bank and in hand54/58€960,085€1.1m▲
Deferred charges and accrued income490/1€30,091€38,921▲
Equity and liabilities
Total equity and liabilities10/49€6.4m€6.4m▲
Equity10/15€6.2m€6.3m▲
Contributions10/11€6.2m€6.2m=
Capital10€6.2m€6.2m=
Issued capital100€6.2m€6.2m=
Reserves13-€5,005
Non-distributable reserves130/1-€5,005
Legal reserve130-€5,005
Profit (loss) carried forward14-€65,440€29,648▲
Investment grants15€5,794€5,518▼
Amounts payable17/49€235,462€152,846▼
Amounts payable within one year42/48€215,539€143,623▼
Trade debts44€130,894€73,061▼
Suppliers440/4€130,894€73,061▼
Taxes, remuneration and social security45€84,645€70,562▼
Remuneration and social security454/9€84,645€70,562▼
Accrued charges and deferred income492/3€19,923€9,223▼
Income statement Code20232024
Remuneration, social security and pensions62€562,991€646,547▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€243,254€271,714▲
Other operating charges640/8€155,449€162,241▲
Gross operating margin9900€1.2m€1.2m▲
Operating profit (loss)9901€215,418€122,092▼
Financial income75/76B€12,932€20,348▲
Recurring financial income75€12,932€20,348▲
Financial charges65/66B-€59,126€8,597▲
Recurring financial charges65-€59,786€8,555▲
Non-recurring financial charges66B€660€42▼
Profit (loss) for the period before taxes9903€287,476€133,843▼
Income taxes67/77€47,316€33,749▼
Profit (loss) for the period9904€240,160€100,094▼
Profit (loss) for the period to be appropriated9905€240,160€100,094▼
Appropriation of the result
Profit (loss) to be appropriated9906-€65,440€34,653▲
Profit (loss) brought forward from the previous period14P-€305,600-€65,440▲
Transfer to equity691/2-€5,005
To the legal reserve6920-€5,005
Social balance
Average headcount (FTE)90879.210.6▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€514,354€536,450€562,991€646,547▲ 14.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€205,438€226,964€224,978€243,254€271,714▲ 11.7%
Other operating charges640/8-€116,833€142,552€155,449€162,241▲ 4.4%
Gross operating margin9900€1.1m€1.1m€1.2m€1.2m€1.2m▲ 2.2%
Operating profit (loss)9901€224,671€250,620€307,794€215,418€122,092▼ 43.3%
Financial income75/76B-€5,969€4,357€12,932€20,348▲ 57.3%
Recurring financial income75€5,318€4,929€4,357€12,932€20,348▲ 57.3%
Non-recurring financial income76B-€1,040----
Financial charges65/66B-€6,969€71,977-€59,126€8,597▲ 115%
Recurring financial charges65€6,044€6,969€71,617-€59,786€8,555▲ 114%
Non-recurring financial charges66B--€360€660€42▼ 93.6%
Profit (loss) for the period before taxes9903€223,425€249,620€240,174€287,476€133,843▼ 53.4%
Income taxes67/77€34,416€57,787€80,616€47,316€33,749▼ 28.7%
Profit (loss) for the period9904€189,009€191,834€159,558€240,160€100,094▼ 58.3%
Profit (loss) for the period to be appropriated9905€189,009€191,834€159,558€240,160€100,094▼ 58.3%
Line20202021202220232024Change
Assets
Total assets20/58€5.9m€5.9m€6.1m€6.4m€6.4m▲ 0.3%
Fixed assets21/28€3.0m€2.9m€2.8m€3.3m€3.3m▼ 0.1%
Tangible fixed assets22/27€3.0m€2.9m€2.8m€3.3m€3.3m▼ 0.1%
Land and buildings22-€2.9m€2.7m€3.2m€3.2m▲ 0.5%
Plant, machinery and equipment23-€24,618€15,524€7,011--
Furniture and vehicles24-€1,902€1,244€80,943€69,183▼ 14.5%
Financial fixed assets28€220€1,260€900€240€198▼ 17.5%
Current assets29/58€2.9m€3.0m€3.3m€3.1m€3.1m▲ 0.6%
Amounts receivable within one year40/41€157,554€183,040€265,381€559,561€556,695▼ 0.5%
Trade receivables40-€161,807€252,420€485,765€430,377▼ 11.4%
Other amounts receivable41-€21,234€12,961€73,796€126,318▲ 71.2%
Current investments50/53€1.1m€966,663€1.0m€1.6m€1.4m▼ 9.5%
Cash at bank and in hand54/58€1.7m€1.8m€2.0m€960,085€1.1m▲ 17.0%
Deferred charges and accrued income490/1-€12,015€26,827€30,091€38,921▲ 29.3%
Equity and liabilities
Total equity and liabilities10/49€5.9m€5.9m€6.1m€6.4m€6.4m▲ 0.3%
Equity10/15€5.6m€5.8m€5.9m€6.2m€6.3m▲ 1.6%
Contributions10/11€6.2m€6.2m€6.2m€6.2m€6.2m=
Capital10-€6.2m€6.2m€6.2m€6.2m=
Issued capital100-€6.2m€6.2m€6.2m€6.2m=
Reserves13----€5,005-
Non-distributable reserves130/1----€5,005-
Legal reserve130----€5,005-
Profit (loss) carried forward14-€656,992-€465,158-€305,600-€65,440€29,648▲ 145%
Investment grants15-€6,346€6,070€5,794€5,518▼ 4.8%
Amounts payable17/49€333,697€152,191€150,294€235,462€152,846▼ 35.1%
Amounts payable after more than one year17€675€675€675---
Other amounts payable178/9-€675€675---
Amounts payable within one year42/48€325,651€126,913€135,317€215,539€143,623▼ 33.4%
Trade debts44€202,053€24,755€37,282€130,894€73,061▼ 44.2%
Suppliers440/4-€24,755€37,282€130,894€73,061▼ 44.2%
Taxes, remuneration and social security45-€102,158€98,036€84,645€70,562▼ 16.6%
Remuneration and social security454/9-€102,158€98,036€84,645€70,562▼ 16.6%
Accrued charges and deferred income492/3-€24,602€14,302€19,923€9,223▼ 53.7%
Line20202021202220232024Change
Profit (loss) for the period9904€189,009€191,834€159,558€240,160€100,094▼ 58.3%
+ Depreciation and write-downs630€205,438€226,964€224,978€243,254€271,714▲ 11.7%
Operating cash flow (approximation)€394,447€418,798€384,536€483,415€371,807▼ 23.1%
Investment in fixed assets (approximation)--€168,864-€30,860-€773,101-€269,651▲ 65.1%
Change in cash-€124,771€187,568-€1.0m€163,300▲ 116%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-09
State Gazette act Appointments: Anne-Thérèse Destrebecq (director) and Kaat Wouters (director)
Resignations: Daniel Fastenakel (director) and Arnaud Gorgemans (director) · Power of attorney9 facts ▸
  • General meeting, 22-05-2026
  • Director appointment, Anne-Thérèse Destrebecq (director)
  • Director appointment, Kaat Wouters (director)
  • Director resignation, Daniel Fastenakel (director)
  • Director resignation, Arnaud Gorgemans (director)
  • Power of attorney, Van Den Neste & Partners BV
  • Power of attorney, Ledermann Tom
  • Power of attorney, Reygaerts Carine
  • Power of attorney, Cerulus Célia
22-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €100,094 ▼58.3%
Net result drops to €100,094, the lowest in the series.
12-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €240,160 ▲50.5%
Net result €240,160, the highest in the series.
28-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Liquidity triplescurrent ratio 23.50
Current ratio from 8.95 to 23.50; short-term debt falls from €325,651 to €126,913.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 14 acts read
About the unread acts

Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 directors, last change in 2026
DESTREBECQ Anne-Thérèse
Director · since 10-09-2026
Current
Kaat Wouters
Director · since 10-09-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
13 of this company's 14 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1957
seat establishment The establishment unit on the map
Ground area
1,453 m²
Building footprint
1,223 m²
Volume, LiDAR
18,624 m³
Parcel 21811M1251/00N000, Brussels · tallest building 25.0 m, ±6 floors. Linked by address, not a title deed.
33 companies at this address See who is registered here
1 establishment unit
CSW-OCS
Pletinckxstraat 19, 1000 BrusselNACE 70120
since 19572.231.527.263
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21811M1251/00N000 Brussels 1,453 m² 1 · 1,223 m² 25.0 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

4 people since 2026, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
DESTREBECQ Anne-Thérèse
  • Director, from 10-09-2026 to date
Kaat Wouters
  • Director, from 10-09-2026 to date
FASTENAKEL Daniel
  • Director, until 10-09-2026
GORGEMANS Arnaud
  • Director, until 10-09-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

5 connected companies

Similar companies · same sector, comparable size

Of 9,141 companies in this sector we hold annual accounts for 6,773. 2,823 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded08-03-1957
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
E-mail ivan.dehaes@skynet.beBrussel
Phone 025578726Brussel
E-invoicing
Reachable via Peppol
Peppol ID 0208:0403314815
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.