Equity
€322,860 from €574,374 in 2019
Equity fell by 44% in 6 years.
BANCASS
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak of €686,826 in 2019
€45,994▼ 21.8%
lowest -€199,167 in 2021
€16,105▲ 86.0%
peak of €574,374 in 2019
€322,860▲ 5.3%
€207,535▼ 40.4%
peak of 4.5 FTE in 2015
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from €58,803 to €45,994Result from €8,660 to €16,105Debts from €348,259 to €207,535Cash from €29,609 to €67,110
Key points
from the 2025 annual accountsInvestments
€76,000 3.1 times depreciation
Green is investment, beige is depreciation.
Liquidity
4.86 was 0.81 in 2024
Short-term debts fell from €36,491 to €16,973.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as BANCASS has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,768 companies, not a prediction for BANCASS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered office moved within Brecht
The registered office moved from Brugstraat 112 te 2960 Brecht to Kruisbooglaan 47 te 2960 Brecht · General meeting of 23-05-2024 · Gazette deed
Change of role: , from manager to director
General meeting of 08-09-2022 · Gazette deed
First establishment
Kruisbooglaan 47, Brecht
Incorporation
published on 31-12-1987 · Gazette deed
Official details
Source: KBO- Status
- Active since 04-12-1987Normal situation
- Activity
- “Alle verzekeringsactiviteiten te bewerkstelligen, zoals het afsluiten van polissen van verzekeringen in alle takken…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Joint committee
- 307Insurance brokers and agencies · annual accounts 2021
- Establishment unit
- 2.032.331.0332960 Brecht, since 29-12-1987
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- ≈ €180,000estimated
- €571,594▼ 24.1%
- ≈ 0.1 FTEestimated
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on BANCASS
BANCASS files the micro format. That format states no turnover. The gross margin fell from €295,364 in 2006 to €45,994 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BANCASS
- What is the company number of BANCASS?
- The company number of BANCASS is 0432.743.922. The VAT number is the same number with BE in front: BE 0432.743.922.
- Where is BANCASS based?
- The registered office is at Kruisbooglaan 47, 2960 Brecht.Company details
- What is the legal form of BANCASS?
- BANCASS is a private limited company (BV).
- When was BANCASS founded?
- BANCASS was founded on 04-12-1987.
- Is BANCASS still active?
- Yes, BANCASS is an active enterprise in the KBO register.
- How many employees does BANCASS have?
- BANCASS had an average of 0.1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- Which joint committee does BANCASS fall under?
- In its 2021 annual accounts, BANCASS states joint committee 307 (Insurance brokers and agencies).
- What is the turnover of BANCASS?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €45,994 and 3,270 comparable companies of the same size. It probably lies between €110,000 and €320,000. It is a rough estimate.
- Is BANCASS profitable?
- In financial year 2025, BANCASS made a profit of €16,105.
- Where can I find the annual accounts of BANCASS?
- BANCASS filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BANCASS due?
- BANCASS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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