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Caesar 25

Active
Private limited companyfounded 2024active for 1 yearLeopoldstraat 2A, 2300 Turnhout, Belgium12 active companies are registered at this addressKBO/BCE: BE 1017.761.414
Summary

Caesar 25 has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,250 and a net result of -€6,750. Its solvency ranks better than 21% of 17,093 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€3.2mtotal assets 2025
Equity
€13,250
Loss
-€6,750
Turnover not published (micro format)
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 15 days early
Why 90raises riskEquity €13,250 (0.4% of total assets)lowers riskSize: total assets €3.2mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 16-07-2026)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 68, small)
Financial strength
Weak
Solvency 25
equity 0.4% of total assets
Liquidity 53
short-term debt 1.3% · cash 2.0%
Profitability 37
return on assets -0.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (6,987 companies, NACE 68, small)
Last 24 months 01-2026: 0.7% 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.9%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.8 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 78.79, above the usual 1.5; short-term debt: 1.3% and cash: 2% of total assets), but 99.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 16% on solvency, 73% on liquidity and 33% on profitability.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €3.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed 16-07-2026)
NBB · annual accounts
raises risk · Equity €13,250 (0.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 17093 sector peers (2025).
NBB · sector comparison
Position among 17093 sector peers
Solvency
better than 21%
← weakest strongest →
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
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 16-07-2026, 15 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
15 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointments: GLENISSON, John Ghislenus Margaretha…

Financials · financial year 2025, micro format

Equity
€13,250
Total assets
€3.2m
Net result
-€6,750
Working capital
€3.1m

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €3.2m
Equity €13,250
Debt €3.1m
Debt finances 99.6% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
78.79
Quick ratio
4.34
ROE
-50.9%
ROA
-0.2%
Debt ≤ 1 year
€40,022
Debt > 1 year
€3.1m
A ratio outside any meaningful range has been withheld (balance sheet total €3.2m, equity €13,250).

Peer companies

Historical observation

Of the 120 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95.8% are still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a small loss
2.5% went bankrupt
1.7% stopped otherwise
95.8% still going

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 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 74.5% 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 120 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
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€3.2m
Current assets29/58€3.2m
Stocks and contracts in progress3€3.0m
Stocks30/36€3.0m
Amounts receivable within one year40/41€0.009m
Trade receivables40€0.008m
Other amounts receivable41€0.001m
Current investments50/53€0.1m
Cash at bank and in hand54/58€0.06m
Deferred charges and accrued income490/1€0.001m
Equity and liabilities
Total equity and liabilities10/49€3.2m
Equity10/15€0.01m
Contributions10/11€0.02m
Profit (loss) carried forward14-€0.007m
Amounts payable17/49€3.1m
Amounts payable after more than one year17€3.1m
Financial debts170/4€3.1m
Amounts payable within one year42/48€0.04m
Trade debts44€0.01m
Suppliers440/4€0.01m
Other amounts payable47/48€0.03m
Income statement Code2025
Other operating charges640/8€0.001m
Gross operating margin9900-€0.006m
Operating profit (loss)9901-€0.007m
Financial income75/76B€189
Recurring financial income75€189
Financial charges65/66B€84
Recurring financial charges65€84
Profit (loss) for the period before taxes9903-€0.007m
Profit (loss) for the period9904-€0.007m
Profit (loss) for the period to be appropriated9905-€0.007m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.007m

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€907
Gross operating margin9900-€5,948
Operating profit (loss)9901-€6,855
Financial income75/76B€189
Recurring financial income75€189
Financial charges65/66B€84
Recurring financial charges65€84
Profit (loss) for the period before taxes9903-€6,750
Profit (loss) for the period9904-€6,750
Profit (loss) for the period to be appropriated9905-€6,750
Line2025
Assets
Total assets20/58€3.2m
Current assets29/58€3.2m
Stocks and contracts in progress3€3.0m
Stocks30/36€3.0m
Amounts receivable within one year40/41€0.009m
Trade receivables40€0.008m
Other amounts receivable41€0.001m
Current investments50/53€0.1m
Cash at bank and in hand54/58€0.06m
Deferred charges and accrued income490/1€0.001m
Equity and liabilities
Total equity and liabilities10/49€3.2m
Equity10/15€0.01m
Contributions10/11€0.02m
Profit (loss) carried forward14-€0.007m
Amounts payable17/49€3.1m
Amounts payable after more than one year17€3.1m
Financial debts170/4€3.1m
Amounts payable within one year42/48€0.04m
Trade debts44€0.01m
Suppliers440/4€0.01m
Other amounts payable47/48€0.03m
Line2025
Profit (loss) for the period9904-€6,750
Operating cash flow (approximation)-€6,750

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 16-07-2026 2026-00306969

Similar companies · same sector, comparable size

Of the 9,525 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,538. 3,612 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2024
BAKERMANS LE BON, Kristel
Director (not named in the articles) · since 24-12-2024
Current
GLENISSON, John Ghislenus Margaretha Judoca
Director (not named in the articles) · since 24-12-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BAKERMANS LE BON, Kristel
  • Director (not named in the articles), from 24-12-2024 to date
GLENISSON, John Ghislenus Margaretha Judoca
  • Director (not named in the articles), from 24-12-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 24-12-2024 Incorporation · 1,000 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 20 December 2024, Caesar 25 was incorporated as a private limited company by two natural persons.12 Of the 2 current board members, 2 have served since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-12-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
16-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
24-12
Gazette deed Incorporation
Appointments: GLENISSON, John Ghislenus Margaretha Judoca (director) and BAKERMANS LE BON, Kristel (director) · Founder · Pre-incorporation commitments7 facts ▸
  • Incorporation, “Caesar 25” (deed in Dutch)
  • Founder, GLENISSON, John Ghislenus Margaretha Judoca
  • Founder, BAKERMANS LE BON, Kristel
  • Director appointment, GLENISSON, John Ghislenus Margaretha Judoca (director (not named in the articles))
  • Director appointment, BAKERMANS LE BON, Kristel (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Founding capital
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded20-12-2024
Financial year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017761414
Also 9925:BE1017761414
Registered 14-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1017.761.414

Environmental permits

2 applications in Flanders since 2026 · 1 under review
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden
Under reviewsubmitted 15-06-2026authority: Antwerpenproject 2026056106
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen; Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden
Discontinued on 28-04-2026submitted 07-04-2026authority: Antwerpenproject 2024064180

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Turnhout · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
121 m²
Building footprint
121 m²
Building volume
1,400 m³
Parcel 13454Q0440/00P000, Flanders · tallest building 14.3 m. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
Caesar 25
Leopoldstraat 2A, 2300 TurnhoutDevelopment of residential building projects
since 2024unit no. 2.368.781.966
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13454Q0440/00P000 Flanders 120 m² 1 · 120 m² 14.3 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 2300 Turnhout,Leopoldstraat 2A bus 1” (deed in Dutch)

deed of 24-12-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Indien de vennootschap door meer dan één bestuurder wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
“Niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene vergadering, algemene vergadering bepaalt aantal,duur opdracht en bij…” (deed in Dutch)

deed of 24-12-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“1” (deed in Dutch)

deed of 24-12-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 20:00

deed of 24-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Individueel, dagelijks bestuur” (deed in Dutch)
Other provision: “Houder effecten op naam ingeschreven in register naar categorie, rechten niet geschorst;bij enkel geschorste stemrechten nog deelnemen…” (deed in Dutch)
Other provision: “Winst lopende boekjaar of winst voorgaande boekjaar zolang jaarrekening nog niet goedgekeurd,in voorkomend geval verminderd met overgedragen…” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten,kosten of consignatie en bij niet-volgestorte aandelen herstel evenwicht via bijkomende volstorting of…” (deed in Dutch)
1 more provision in the deed, see the deed of 24-12-2024

deed of 24-12-2024