CA.SA
ActiveSummary
CA.SA has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30,024 and a net result of €7,164. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 19% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability49▲+39
Solvency42▲+1
Growth32=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.62 against 0.84 in 2023; short-term debt: 40.8% and cash: 1.3% of total assets), and 83.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
16.9%
Return on assets
4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 37948 sector peers (2024).
NBB · sector comparisonPosition among 37948 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-11-2025, 112 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
112 d late
2023
31 d late
2022
50 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 64 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€30,024▲ 32.4%
2023 · €22,683
Total assets
€177,680▲ 22.7%
2023 · €144,859
Net result
€7,164
2023 · -€9,883
Working capital
-€27,757▼ 310%
2023 · -€6,771
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€39,895--€4,631€12,859
Net result€31,565within the sector's middle half--€9,883below the sector's middle half€7,164within the sector's middle half
Equity€32,565within the sector's middle half-€22,683below the sector's middle half▼ 30.3%€30,024within the sector's middle half▲ 32.4%
Total assets€131,531within the sector's middle half-€144,859within the sector's middle half▲ 10.1%€177,680within the sector's middle half▲ 22.7%
Debt€98,966-€122,177▲ 23.5%€147,656▲ 20.9%
Working capital-€78,580--€6,771▲ 91.4%-€27,757▼ 310%
Solvency24.8%below the sector's middle half-15.7%below the sector's middle half▼ 9.1pp16.9%below the sector's middle half▲ 1.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €12,859 after a loss of €4,631 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €177,680
Fixed assets
€132,955 ▲ 21.7%
Current assets
€44,725 ▲ 25.5%
Equity and liabilities €177,680
Equity
€30,024 ▲ 32.4%
Debt
€147,656 ▲ 20.9%
Debt's share of the balance-sheet total falls from 84.3% to 83.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17,626▲
2023 · -€396
Cash flow
€11,932▲
2023 · -€5,648
Current ratio
0.62▼
2023 · 0.84
Debt to equity
4.92▼
2023 · 5.39
ROE
23.9%▲
2023 · -43.6%
ROA
4.0%▲
2023 · -6.8%
Interest coverage
2.97▲
2023 · -0.08
Debt ≤ 1 year
€72,483▲
2023 · €42,416
Debt > 1 year
€75,174▼
2023 · €79,761
Income taxes
€2,093▲
2023 · €177
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
3.3%
went bankrupt
1.1%
stopped otherwise
95%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,541 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
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €967 | €4,234 | €4,767 | ▲ 12.6% |
| Other operating charges640/8 | €15,838 | €910 | €1,114 | ▲ 22.4% |
| Non-recurring operating charges66A | - | €58 | - | - |
| Gross operating margin9900 | €56,699 | €572 | €18,740 | ▲ 3,176% |
| Operating profit (loss)9901 | €39,895 | -€4,631 | €12,859 | ▲ 378% |
| Financial income75/76B | - | - | €2,331 | - |
| Recurring financial income75 | - | - | €2,331 | - |
| Financial charges65/66B | €438 | €5,075 | €5,932 | ▲ 16.9% |
| Recurring financial charges65 | €438 | €5,075 | €5,932 | ▲ 16.9% |
| Profit (loss) for the period before taxes9903 | €39,457 | -€9,706 | €9,258 | ▲ 195% |
| Income taxes67/77 | €7,891 | €177 | €2,093 | ▲ 1,083% |
| Profit (loss) for the period9904 | €31,565 | -€9,883 | €7,164 | ▲ 172% |
| Profit (loss) for the period to be appropriated9905 | €31,565 | -€9,883 | €7,164 | ▲ 172% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €131,531 | €144,859 | €177,680 | ▲ 22.7% |
| Formation expenses20 | €0 | €0 | - | - |
| Fixed assets21/28 | €111,145 | €109,215 | €132,955 | ▲ 21.7% |
| Tangible fixed assets22/27 | €111,145 | €108,415 | €106,155 | ▼ 2.1% |
| Land and buildings22 | €109,890 | €106,223 | €104,894 | ▼ 1.3% |
| Furniture and vehicles24 | €1,255 | €2,191 | €1,261 | ▼ 42.4% |
| Financial fixed assets28 | - | €800 | €26,800 | ▲ 3,250% |
| Current assets29/58 | €20,387 | €35,645 | €44,725 | ▲ 25.5% |
| Amounts receivable within one year40/41 | €10,021 | €35,645 | €42,500 | ▲ 19.2% |
| Trade receivables40 | €9,680 | €640 | €1,363 | ▲ 113% |
| Other amounts receivable41 | €341 | €35,005 | €41,137 | ▲ 17.5% |
| Cash at bank and in hand54/58 | €10,365 | - | €2,226 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €131,531 | €144,859 | €177,680 | ▲ 22.7% |
| Equity10/15 | €32,565 | €22,683 | €30,024 | ▲ 32.4% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €31,565 | €21,683 | €29,024 | ▲ 33.9% |
| Amounts payable17/49 | €98,966 | €122,177 | €147,656 | ▲ 20.9% |
| Amounts payable after more than one year17 | - | €79,761 | €75,174 | ▼ 5.8% |
| Financial debts170/4 | - | €79,761 | €75,174 | ▼ 5.8% |
| Amounts payable within one year42/48 | €98,966 | €42,416 | €72,483 | ▲ 70.9% |
| Current portion of amounts payable after more than one year42 | - | €26,568 | €18,420 | ▼ 30.7% |
| Trade debts44 | €87,070 | €1,003 | €25,344 | ▲ 2,426% |
| Suppliers440/4 | €87,070 | €1,003 | €25,344 | ▲ 2,426% |
| Advances received on contracts in progress46 | - | - | €850 | - |
| Taxes, remuneration and social security45 | €11,896 | €14,308 | €27,869 | ▲ 94.8% |
| Taxes450/3 | €11,896 | €14,308 | €27,869 | ▲ 94.8% |
| Other amounts payable47/48 | - | €537 | €0 | ▼ 100% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,565 | -€9,883 | €7,164 | ▲ 172% |
| + Depreciation and write-downs630 | €967 | €4,234 | €4,767 | ▲ 12.6% |
| Operating cash flow (approximation) | €32,532 | -€5,648 | €11,932 | ▲ 311% |
| Investment in fixed assets (approximation) | - | -€2,304 | -€28,508 | ▼ 1,137% |
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 · acts, filings and financial milestones
2026
15-07
State Gazette act
Director resignation · Director discharge
Permanent representative · Director appointment
2025
20-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 112 days late
2024
31-12
Financial
Back to profitnet €7,164
Net result €7,164 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet -€9,883
Net result drops to -€9,883, the lowest in the series; recovery starts the following year.
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
Financial milestoneState Gazette actNBB 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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Directors · office · real estate
Directors
2 acts for this company are 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, Elsene · 1 establishment unit since 2022
Ground area
211 m²
Building footprint
124 m²
Volume, LiDAR
3,071 m³
Parcel 21447B0314/00P003, Brussels · tallest building 27.9 m, ±8 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CA.SA
since 20222.333.251.361
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0314/00P003 | Brussels | 211 m² | 1 · 124 m² | 27.9 m · 8 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.
Similar companies · same sector, comparable size
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BE 0473.111.659
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MEL Consult
BE 0800.514.769
Asse · Eq €30,031
COLPHEN & PARTNERS
BE 0568.620.631
Edegem · Eq €30,033
VAGO CONSULTING
BE 0656.717.912
Antwerpen · Eq €30,038
Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 34,380 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47761Retail sale of flowers, plants, seeds and fertilisers
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0784675956
Registered
29-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.