CAA
ActiveSummary
CAA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227,209 and a net result of €5,633. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 16666 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-14
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 18.15 against 5.56 in 2024; short-term debt: 4.6% and cash: 8.5% of total assets), and 4.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← 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
95.4%
Return on assets
2.4%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 12-07-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
35 d early
2023
19 d early
2022
14 d early
2021
17 d early
2020
11 d early
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€227,209▲ 2.5%
2024 · €221,576
Total assets
€238,149▼ 11.6%
2024 · €269,302
Net result
€5,633▼ 84.5%
2024 · €36,451
Working capital
€187,627▼ 13.8%
2024 · €217,586
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€67,717▲ 466%€92,979▲ 37.3%€41,627▼ 55.2%€50,172▲ 20.5%€12,435▼ 75.2%
Net result€35,823▲ 381%€61,767▲ 72.4%€27,191▼ 56.0%€36,451▲ 34.1%€5,633▼ 84.5%
Equity€127,666▲ 39.0%€189,433▲ 48.4%€216,625▲ 14.4%€221,576▲ 2.3%€227,209▲ 2.5%
Total assets€132,492▲ 38.8%€207,570▲ 56.7%€218,144▲ 5.1%€269,302▲ 23.5%€238,149▼ 11.6%
Debt€4,826▲ 32.7%€18,136▲ 276%€1,519▼ 91.6%€47,726▲ 3,042%€10,940▼ 77.1%
Working capital€127,898▲ 79.5%€187,799▲ 46.8%€216,841▲ 15.5%€217,586▲ 0.3%€187,627▼ 13.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238,149
Fixed assets
€39,582 ▲ 892%
Current assets
€198,567 ▼ 25.2%
Equity and liabilities €238,149
Equity
€227,209 ▲ 2.5%
Debt
€10,940 ▼ 77.1%
Debt's share of the balance-sheet total falls from 17.7% to 4.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20,331▼
2024 · €51,601
Cash flow
€13,530▼
2024 · €37,881
Current ratio
18.15▲
2024 · 5.56
Debt to equity
0.05▼
2024 · 0.22
ROE
2.5%▼
2024 · 16.5%
ROA
2.4%▼
2024 · 13.5%
Interest coverage
8.18▼
2024 · 373.65
Debt ≤ 1 year
€10,940▼
2024 · €47,726
Income taxes
€6,715▼
2024 · €17,933
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,950 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €594 | €811 | €1,430 | €7,896 | ▲ 452% |
| Other operating charges640/8 | €698 | €985 | €1,076 | €303 | €1,175 | ▲ 288% |
| Gross operating margin9900 | €68,415 | €94,558 | €43,515 | €51,904 | €21,506 | ▼ 58.6% |
| Operating profit (loss)9901 | €67,717 | €92,979 | €41,627 | €50,172 | €12,435 | ▼ 75.2% |
| Financial income75/76B | - | €1,137 | €600 | €4,351 | €2,399 | ▼ 44.9% |
| Recurring financial income75 | - | €1,137 | €600 | €4,351 | €2,399 | ▼ 44.9% |
| Financial charges65/66B | €11,644 | €48 | €55 | €138 | €2,486 | ▲ 1,700% |
| Recurring financial charges65 | €44 | €48 | €55 | €138 | €2,486 | ▲ 1,700% |
| Non-recurring financial charges66B | €11,600 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €56,073 | €94,068 | €42,173 | €54,384 | €12,348 | ▼ 77.3% |
| Income taxes67/77 | €20,251 | €32,301 | €14,981 | €17,933 | €6,715 | ▼ 62.6% |
| Profit (loss) for the period9904 | €35,823 | €61,767 | €27,191 | €36,451 | €5,633 | ▼ 84.5% |
| Profit (loss) for the period to be appropriated9905 | €35,823 | €61,767 | €27,191 | €36,451 | €5,633 | ▼ 84.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €132,492 | €207,570 | €218,144 | €269,302 | €238,149 | ▼ 11.6% |
| Fixed assets21/28 | - | €1,840 | €1,029 | €3,989 | €39,582 | ▲ 892% |
| Tangible fixed assets22/27 | - | €1,840 | €1,029 | €3,989 | €39,582 | ▲ 892% |
| Plant, machinery and equipment23 | - | €1,840 | €1,029 | €2,594 | €4,568 | ▲ 76.1% |
| Furniture and vehicles24 | - | - | - | €1,395 | €35,014 | ▲ 2,410% |
| Current assets29/58 | €132,492 | €205,730 | €217,115 | €265,313 | €198,567 | ▼ 25.2% |
| Amounts receivable within one year40/41 | €9,866 | €10,957 | €33,114 | €6,242 | €9,381 | ▲ 50.3% |
| Trade receivables40 | €9,866 | €10,957 | €6,532 | €6,242 | €5,434 | ▼ 13.0% |
| Other amounts receivable41 | - | - | €26,583 | €0 | €3,947 | - |
| Current investments50/53 | €100,000 | €61,137 | €182,510 | €199,510 | €168,000 | ▼ 15.8% |
| Cash at bank and in hand54/58 | €22,626 | €133,636 | €1,196 | €57,921 | €20,285 | ▼ 65.0% |
| Deferred charges and accrued income490/1 | - | - | €295 | €1,640 | €901 | ▼ 45.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €132,492 | €207,570 | €218,144 | €269,302 | €238,149 | ▼ 11.6% |
| Equity10/15 | €127,666 | €189,433 | €216,625 | €221,576 | €227,209 | ▲ 2.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €75,183 | €136,950 | €164,141 | €202,976 | €208,609 | ▲ 2.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | €73,323 | €135,090 | €162,281 | €202,976 | €208,609 | ▲ 2.8% |
| Profit (loss) carried forward14 | €33,883 | €33,883 | €33,883 | €0 | - | - |
| Amounts payable17/49 | €4,826 | €18,136 | €1,519 | €47,726 | €10,940 | ▼ 77.1% |
| Amounts payable within one year42/48 | €4,595 | €17,931 | €274 | €47,726 | €10,940 | ▼ 77.1% |
| Trade debts44 | - | - | - | €96 | €306 | ▲ 217% |
| Suppliers440/4 | - | - | - | €96 | €306 | ▲ 217% |
| Taxes, remuneration and social security45 | €1,864 | €15,165 | - | €8,227 | €211 | ▼ 97.4% |
| Taxes450/3 | €1,864 | €15,165 | - | €8,227 | €211 | ▼ 97.4% |
| Other amounts payable47/48 | €2,731 | €2,766 | €274 | €39,402 | €10,424 | ▼ 73.5% |
| Accrued charges and deferred income492/3 | €232 | €206 | €1,245 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,823 | €61,767 | €27,191 | €36,451 | €5,633 | ▼ 84.5% |
| + Depreciation and write-downs630 | - | €594 | €811 | €1,430 | €7,896 | ▲ 452% |
| Operating cash flow (approximation) | €35,823 | €62,361 | €28,003 | €37,881 | €13,530 | ▼ 64.3% |
| Investment in fixed assets (approximation) | - | - | €0 | -€4,391 | -€43,489 | ▼ 891% |
| Change in cash | - | €111,010 | -€132,440 | €56,725 | -€37,636 | ▼ 166% |
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
Next filing, fiscal year 2026, expected by
2026
12-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 18.15
Current ratio from 5.56 to 18.15; short-term debt falls from €47,726 to €10,940.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 69current ratio 792.10
Current ratio from 11.47 to 792.10; short-term debt falls from €17,931 to €274.
31-12
Financial
Equity above €200,000Eq €216,625 ▲14.4%
6 profitable years in a row build equity to €216,625.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €61,767 ▲72.4%
Operating result €92,979, net result €61,767, both a record.
31-12
Financial
Equity above €150,000Eq €189,433 ▲48.4%
5 profitable years in a row build equity to €189,433.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €127,666 ▲39%
4 profitable years in a row build equity to €127,666.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Schoten · 1 establishment unit since 2010
Ground area
2,034 m²
Building footprint
233 m²
Volume, LiDAR
1,353 m³
Parcel 11040D0189/00X002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gerda De Coster
since 20102.184.997.848
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0189/00X002 | Flanders | 2,034 m² | 1 · 233 m² | 9.5 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.
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Of 6,945 companies in sector 86230 we hold annual accounts for 4,293. 3,745 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
Founded14-01-2010
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
Scores and ratios are computed by Checked and are not a credit decision.