BANCASS
ActiveSummary
BANCASS has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €322,860 and a net result of €16,105. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Activity not known1 site
How big
€571,594total assets 2025
- Equity
- €322,860
- Profit
- €16,105
Turnover not published (abridged schema)
Who decides
Accounts 7 d early0 of 2 deeds read
Why 75- No NACE activity registered+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+2
Solvency81▲+15
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 4.86 against 0.81 in 2024; short-term debt: 3% and cash: 11.7% of total assets), and 43.5% 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
Four 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 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
56.5%
Return on assets
2.8%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
7 d early
2023
43 d late
2022
30 d late
2021
13 d early
2020
36 d early
2019
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 10 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 24 July (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Liquidity times 6current ratio 4.86
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €571,594Profit €16,105Solvency 56.5%Liquidity 4.86
Total assets
€571,594▼ 24.1%
2018 - 2025
Net result
€16,105▲ 86.0%
2018 - 2025
Equity
€322,860▲ 5.3%
2018 - 2025
Staff (FTE)
0.1▼ 93.8%
2018 - 2020
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€0.2m▼ 155%-€0.04m▲ 82.1%€0.07m€0.008m▼ 88.1%€0.02m▲ 79.7%
Net result-€0.2m▼ 177%-€0.03m▲ 83.2%€0.07m€0.009m▼ 88.2%€0.02m▲ 86.0%
Equity€0.3m▼ 39.6%€0.3m▼ 11.0%€0.3m▲ 24.5%€0.3m▼ 8.7%€0.3m▲ 5.3%
Total assets€1.0m▼ 13.4%€0.9m▼ 9.1%€0.8m▼ 6.5%€0.8m▼ 7.4%€0.6m▼ 24.1%
Debt€0.5m▲ 12.4%€0.5m▼ 8.5%€0.4m▼ 23.4%€0.3m▼ 7.1%€0.2m▼ 40.4%
Working capital€0.1m▼ 66.7%-€0.01m€0.02m-€0.007m€0.07m
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 80% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €571,594
Fixed assets
€489,072 ▼ 32.4%
Current assets
€82,522 ▲ 179%
Equity and liabilities €571,594
Equity
€322,860 ▲ 5.3%
Provisions
€41,199 ▼ 58.2%
Debt
€207,535 ▼ 40.4%
Debt's share of the balance-sheet total falls from 46.2% to 36.3%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€39,540▼
2024 · €51,159
Cash flow
€40,471▼
2024 · €51,374
Current ratio
4.86▲
2024 · 0.81
Debt to equity
0.64▼
2024 · 1.14
ROE
5.0%▲
2024 · 2.8%
ROA
2.8%▲
2024 · 1.1%
Interest coverage
9.21▼
2024 · 13.37
Debt ≤ 1 year
€16,973▼
2024 · €36,491
Debt > 1 year
€190,562▼
2024 · €310,569
Income taxes
€52,198▲
2024 · €339
Staff costs
€2,491▼
2024 · €2,516
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf 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 higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €71,029 | - | €29,141 | - |
| Remuneration, social security and pensions62 | €2,024 | €2,277 | €2,472 | €2,516 | €2,491 | ▼ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,927 | €63,584 | €42,060 | €42,714 | €24,366 | ▼ 43.0% |
| Other operating charges640/8 | €3,297 | €4,640 | €3,474 | €5,128 | €3,400 | ▼ 33.7% |
| Non-recurring operating charges66A | €46,603 | - | - | - | €563 | - |
| Gross operating margin9900 | -€97,959 | €35,176 | €118,717 | €58,803 | €45,994 | ▼ 21.8% |
| Operating profit (loss)9901 | -€197,810 | -€35,325 | €70,711 | €8,445 | €15,174 | ▲ 79.7% |
| Financial income75/76B | €9 | - | - | €187 | €168 | ▼ 10.2% |
| Recurring financial income75 | €9 | - | - | €187 | €168 | ▼ 10.2% |
| Financial charges65/66B | €7,143 | €7,129 | €5,811 | €3,828 | €4,295 | ▲ 12.2% |
| Recurring financial charges65 | €7,143 | €7,129 | €5,811 | €3,828 | €4,295 | ▲ 12.2% |
| Profit (loss) for the period before taxes9903 | -€204,945 | -€42,454 | €64,900 | €4,805 | €11,047 | ▲ 130% |
| Transfer from deferred taxes780 | €7,623 | €8,157 | €8,129 | €4,194 | €57,255 | ▲ 1,265% |
| Income taxes67/77 | €1,845 | -€873 | -€82 | €339 | €52,198 | ▲ 15,297% |
| Profit (loss) for the period9904 | -€199,167 | -€33,424 | €73,111 | €8,660 | €16,105 | ▲ 86.0% |
| Transfer from tax-exempt reserves789 | €30,491 | €32,627 | €32,516 | €16,777 | €229,021 | ▲ 1,265% |
| Profit (loss) for the period to be appropriated9905 | -€168,676 | -€797 | €105,627 | €25,437 | €245,126 | ▲ 864% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €957,438 | €870,148 | €813,490 | €753,469 | €571,594 | ▼ 24.1% |
| Fixed assets21/28 | €795,721 | €819,137 | €764,976 | €723,859 | €489,072 | ▼ 32.4% |
| Tangible fixed assets22/27 | €795,221 | €818,637 | €764,476 | €723,859 | €489,072 | ▼ 32.4% |
| Land and buildings22 | €744,312 | €721,127 | €708,127 | €684,929 | €417,458 | ▼ 39.1% |
| Plant, machinery and equipment23 | - | - | - | €1,422 | €722 | ▼ 49.2% |
| Furniture and vehicles24 | €50,909 | €97,510 | €56,349 | €37,509 | €70,892 | ▲ 89.0% |
| Financial fixed assets28 | €500 | €500 | €500 | - | - | - |
| Current assets29/58 | €161,717 | €51,011 | €48,514 | €29,609 | €82,522 | ▲ 179% |
| Amounts receivable within one year40/41 | €67,771 | €13,000 | - | - | €15,412 | - |
| Trade receivables40 | €54,771 | - | - | - | - | - |
| Other amounts receivable41 | €13,000 | €13,000 | - | - | €15,412 | - |
| Cash at bank and in hand54/58 | €93,946 | €35,952 | €48,514 | €29,609 | €67,110 | ▲ 127% |
| Deferred charges and accrued income490/1 | - | €2,059 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €957,438 | €870,148 | €813,490 | €753,469 | €571,594 | ▼ 24.1% |
| Equity10/15 | €303,400 | €269,976 | €335,995 | €306,755 | €322,860 | ▲ 5.3% |
| Contributions10/11 | €18,592 | €18,592 | €11,500 | €10,500 | €10,500 | = |
| Capital10 | €18,592 | - | - | - | - | - |
| Issued capital100 | €18,592 | - | - | - | - | - |
| Reserves13 | €684,334 | €651,707 | €611,119 | €557,442 | €328,421 | ▼ 41.1% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Legal reserve130 | €1,859 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | - | - | - | - |
| Tax-exempt reserves132 | €475,737 | €443,110 | €410,595 | €393,818 | €164,797 | ▼ 58.2% |
| Distributable reserves133 | €206,737 | €206,737 | €200,524 | €163,624 | €163,624 | = |
| Profit (loss) carried forward14 | -€399,526 | -€400,323 | -€286,623 | -€261,186 | -€16,061 | ▲ 93.9% |
| Provisions and deferred taxes16 | €118,934 | €110,778 | €102,649 | €98,454 | €41,199 | ▼ 58.2% |
| Deferred taxes168 | €118,934 | €110,778 | €102,649 | €98,454 | €41,199 | ▼ 58.2% |
| Amounts payable17/49 | €535,104 | €489,395 | €374,846 | €348,259 | €207,535 | ▼ 40.4% |
| Amounts payable after more than one year17 | €468,897 | €426,786 | €341,848 | €310,569 | €190,562 | ▼ 38.6% |
| Financial debts170/4 | €468,897 | €426,786 | €341,848 | €310,569 | €190,562 | ▼ 38.6% |
| Amounts payable within one year42/48 | €66,207 | €62,609 | €32,998 | €36,491 | €16,973 | ▼ 53.5% |
| Current portion of amounts payable after more than one year42 | €51,902 | €42,110 | €19,302 | €19,499 | €12,727 | ▼ 34.7% |
| Trade debts44 | €4,644 | €6,794 | €3,394 | €1,714 | €3,772 | ▲ 120% |
| Suppliers440/4 | €4,644 | €6,794 | €3,394 | €1,714 | €3,772 | ▲ 120% |
| Taxes, remuneration and social security45 | €6,545 | €1,425 | €296 | €283 | €474 | ▲ 67.4% |
| Taxes450/3 | €6,545 | €1,425 | €296 | €283 | €474 | ▲ 67.4% |
| Other amounts payable47/48 | €3,117 | €12,280 | €10,005 | €14,995 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,200 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€199,167 | -€33,424 | €73,111 | €8,660 | €16,105 | ▲ 86.0% |
| + Depreciation and write-downs630 | €47,927 | €63,584 | €42,060 | €42,714 | €24,366 | ▼ 43.0% |
| Operating cash flow (approximation) | -€151,240 | €30,160 | €115,171 | €51,374 | €40,471 | ▼ 21.2% |
| Investment in fixed assets (approximation) | - | -€87,000 | €12,102 | -€1,598 | €210,422 | ▲ 13,269% |
| Change in cash | - | -€57,994 | €12,562 | -€18,905 | €37,501 | ▲ 298% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline
16 eventsLatest 24-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 6current ratio 4.86
Current ratio from 0.81 to 4.86; short-term debt falls from €36,491 to €16,973.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
31-12
Financial
Back to profitnet €73,111
Net result €73,111 after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€199,167
Net result drops to -€199,167, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Highest result since 2018net €347,186 ▲203%
Operating result €488,438, net result €347,186, both a record.
31-12
Financial
Liquidity doublescurrent ratio 5.03
Current ratio from 2.34 to 5.03; short-term debt falls from €141,134 to €132,560.
Show earlier events
31-12
Financial
Equity above €500,000Eq €574,374 ▲153%
2 profitable years in a row build equity to €574,374.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 funding sourceFlanders €202
Flemish government
€202
awarded · 2022 - 2023
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €202 awarded · €202 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | €51 | €51 |
| 2022 | 1 | €151 | €151 |
Company details
Private limited company · founded 04-12-1987Year ends 31-12Peppol not found1 site
Register details
Identification
Legal formPrivate limited company
Founded04-12-1987
Fiscal year end31-12
Contact
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 1987
Ground area
1,189 m²
Building footprint
151 m²
Volume, LiDAR
901 m³
Parcel 11042A0027/00E000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kruisbooglaan 47, 2960 Brecht
since 1987unit no. 2.032.331.033
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042A0027/00E000 | Flanders | 1,189 m² | 1 · 151 m² | 8.7 m · 2 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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