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Cassco

Active
Private limited companyfounded 1992active for 33 yearsBrandekensweg 9, 2627 Schelle, BelgiumKBO/BCE: BE 0448.769.906
Summary

Cassco has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€28,359) and a net result of €976. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 14% of 2,816 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
CasscoActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 26-11-1992 Normal situation
Registered office
12 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Other business support services NACE 82990
Establishment unit
2.060.245.158 2627 Schelle, since 11-01-1993
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Board and ownership

Board
  • Casselman JohanDirector
  • Casselman MatthijsDirector
Holdings
Shares in 3 companies including Het Zegel and Media Park Development
Board & ownership

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€231,971
▼ 33.3%
Turnover
≈ €350,000
estimated
Profit
€976
▼ 99.3%
Equity
-€28,359
▲ 3.3%
Total assets
€7.7m
▲ 69.3%
  • Negative equity on 31-12-2025
Financials
Score breakdownraises riskCapped at 59: negative equityNegative equity -€28,359lowers riskSize: total assets €7.7mFigures for financial year 2025 (filed on 06-08-2026)Liquidity: current ratio 0.77, cash €1.8mShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 35% of small companies in office administrative support (NACE 82)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 25+1
equity -0.4% of total assets
Liquidity 57+15
short-term debt 45.8% · cash 23.9%
Profitability 28-10
return on assets 0.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,121 companies, NACE 82, small)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.7 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.77 (0.27 in 2024), below 1. Short-term debt is 45.8% and cash 23.9% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, small). It does better than 7% of them on solvency, 73% on liquidity, 15% on profitability and 46% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €7.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€28,359
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 06-08-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.77, cash €1.8m
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2816 sector peers (2025).
NBB · sector comparison
Position among 2816 sector peers
Solvency
better than 14%
← weakest strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
on the day
2022
4 days early
2021
1 day early
2020
31 days late
2019
93 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€28,359 View
  • Caution: Result fell in 2025from €138,911 to €976 ▼ 99.3% View
  • Caution: Less equity than 90% of companies in office administrative supportsector median €199,971 · 2,817 companies -€28,359 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Incorporation · Founder
  2. · Gazette deed Incorporation
All 15 events

Companies linked to Cassco

Comparable companies

These companies have the same main activity as Cassco: other business support services (NACE 82990). They are comparable in size and age: total assets between €5.5m and €9.1m, founded between 1987 and 1999.

CompanyTotal assetsGross margin
Cassco Schelle€7.7m€0.2m
PRODEL Lasne€6.7m€0.2m
P.O. INVEST Antwerpen€8.7m€0.2m
ALFAM Wevelgem€9.1m€0.3m
HASPIE Gent€6.1m€0.2m
SILOGOS BEHEER Kruisem€5.5m€0.2m
TT CAPITAL GROUP Ukkel€6.6m€0.3m
Full comparison

Key facts about Cassco
What is the company number of Cassco?
The company number of Cassco is 0448.769.906. The VAT number is the same number with BE in front: BE 0448.769.906.
Where is Cassco based?
The registered office is at Brandekensweg 9, 2627 Schelle.Company details
What does Cassco do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of Cassco?
The legal form of Cassco is Private limited company (BV).
When was Cassco founded?
Cassco was founded on 26-11-1992.
Is Cassco still active?
Yes, Cassco is an active enterprise in the KBO register.
What is the turnover of Cassco?
The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €231,971 and 31 comparable companies (NACE 82990). It probably lies between €280,000 and €480,000.Financials
Is Cassco profitable?
In financial year 2025, Cassco made a profit of €976.
Where can I find the annual accounts of Cassco?
Cassco filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Cassco due?
Cassco must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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