AB CASA
ActiveAB CASA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €422k and a net result of €12k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 2172 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-10
Solvency60▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.72 in 2024; short-term debt: 25% and cash: 6.4% of total assets), and 64.9% 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
35.1%
Return on assets
1%
Age of the figures
12 mo
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
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 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
37 d early
2023
32 d early
2022
30 d early
2021
31 d early
2020
39 d early
2019
on the day
← 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
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€422k▲ 3.0%
2024 · €410k
2018: €211k
2019: €260k
2020: €283k
2021: €391k
2022: €481k
2023: €458k
2024: €410k
2018 → 2025
Total assets
€1.20M▼ 10.4%
2024 · €1.34M
2018: €389k
2019: €926k
2020: €777k
2021: €988k
2022: €927k
2023: €830k
2024: €1.34M
2018 → 2025
Net result
€12k▲ 144%
2024 · €5k
2018: €41k
2019: €49k
2020: €47k
2021: €170k
2022: €124k
2023: €29k
2024: €5k
2018 → 2025
Working capital
€-96k▲ 20.6%
2024 · €-121k
2018: €217k
2019: €138k
2020: €144k
2021: €256k
2022: €353k
2023: €155k
2024: €-121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€391k-€481k▲ 23.0%€458k▼ 4.8%€410k▼ 10.6%€422k▲ 3.0%
Operating result€250k-€183k▼ 27.0%€46k▼ 75.1%€19k▼ 59.3%€45k▲ 143%
Net result€170k-€124k▼ 27.3%€29k▼ 76.2%€5k▼ 82.9%€12k▲ 144%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 143% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€999k▼ 2.3%
Current assets
€204k▼ 36.1%
Equity and liabilities €1.20M
Equity
€422k▲ 3.0%
Debt
€781k▼ 16.2%
The debt ratio falls from 69.5% to 64.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€125k▲
2024 · €80k
Cash flow
€92k▲
2024 · €67k
Solvency
35.1%▲
2024 · 30.5%
Current ratio
0.68▼
2024 · 0.72
Quick ratio
0.50▲
2024 · 0.35
Debt / equity
1.85▼
2024 · 2.28
ROE
2.9%▲
2024 · 1.2%
ROA
1.0%▲
2024 · 0.4%
Interest coverage
4.69▼
2024 · 8.35
Debt
€781k▼
2024 · €932k
Debt ≤ 1 year
€300k▼
2024 · €440k
Debt > 1 year
€428k▼
2024 · €439k
Income taxes
€6k▲
2024 · €4k
Staff costs
€46k▼
2024 · €81k
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€1.34M€1.20M▼
Fixed assets21/28€1.02M€999k▼
Tangible fixed assets22/27€1.02M€998k▼
Land and buildings22€964k€959k▼
Furniture and vehicles24€58k€39k▼
Financial fixed assets28€250€250=
Current assets29/58€319k€204k▼
Stocks and contracts in progress3€163k€54k▼
Contracts in progress37€163k€54k▼
Amounts receivable within one year40/41€38k€61k▲
Trade receivables40€22k€57k▲
Other amounts receivable41€16k€4k▼
Cash at bank and in hand54/58€105k€77k▼
Deferred charges and accrued income490/1€13k€12k▼
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.20M▼
Equity10/15€410k€422k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€18k€18k=
Reserves13€373k€385k▲
Distributable reserves133€373k€385k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€932k€781k▼
Amounts payable after more than one year17€439k€428k▼
Financial debts170/4€439k€428k▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€440k€300k▼
Current portion of amounts payable after more than one year42€55k€54k▼
Trade debts44€216k€87k▼
Suppliers440/4€216k€87k▼
Taxes, remuneration and social security45€33k€29k▼
Taxes450/3€15k€16k▲
Remuneration and social security454/9€18k€13k▼
Other amounts payable47/48€136k€130k▼
Accrued charges and deferred income492/3€53k€52k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€81k€46k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€79k▲
Other operating charges640/8€10k€7k▼
Gross operating margin9900€172k€178k▲
Operating profit (loss)9901€19k€45k▲
Financial income75/76B€234€109▼
Recurring financial income75€234€109▼
Financial charges65/66B€10k€27k▲
Recurring financial charges65€10k€27k▲
Profit (loss) for the period before taxes9903€9k€19k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€5k€12k▲
Profit (loss) for the period to be appropriated9905€5k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€12k▲
Transfer from equity791/2€53k€0▼
Transfer to equity691/2€5k€12k▲
To other reserves6921€5k€12k▲
Profit to be distributed694/7€53k€0▼
Return on contributions (dividend)694€53k€0▼
Social balance
Average headcount (FTE)90871.80.8▼
The notes to these accounts (19 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
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €5k ▼82.9%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €170k ▲260%
Operating result €250k, net result €170k, both a record.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-03
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
1 act for this company is 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, Waregem · 1 establishment unit since 2009
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.
Zilverbergstraat 748792 WaregemGround area
1,806 m²
Building footprint
584 m²
Volume, LiDAR
6,588 m³
2 parcels, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AB CASA
since 20092.179.617.219
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010A0396/00K000 | Flanders | 943 m² | 1 · 155 m² | 7.3 m · 2 fl. |
| 34010A0065/00R000 | Flanders | 864 m² | 1 · 429 m² | 17.8 m · 5 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,126 EUR awarded · 940 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 226 EUR | 78 EUR |
| 2023 | 1 | 190 EUR | 152 EUR |
| 2022 | 1 | 710 EUR | 710 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
2 categoriesAB CASA BV31704
Similar companies · same sector, comparable size
PLAN 21
BE 0551.864.474
Dilsen-Stokkem · Eq €422k
BOUWWERKEN LINSKENS
BE 0693.971.355
Ichtegem · Eq €422k
Algemene Bouwwerken Jorrit Heeren
BE 0607.980.558
Essen · Eq €422k
COOREMANS B.
BE 0473.160.456
Dendermonde · Eq €421k
A. VAN DAMME ALGEMENE BOUWWERKEN
BE 0441.635.060
Gent · Eq €422k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 9,884 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2009
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
46831Wholesale of construction materials, general range
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
82400Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.