CAS TUBIZE
ActiveSummary
CAS TUBIZE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €349k and a net result of €116k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▼-14
Solvency66▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 11.19 against 7.65 in 2023; short-term debt: 4.2% and cash: 0.5% of total assets), but 59.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
28 d late
2022
29 d late
2021
29 d late
2020
30 d late
2019
74 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€116k▼ 60.0%
2023 · €290k
2018: €-19k
2019: €-28k
2020: €9k
2021: €-6k
2022: €-38k
2023: €290k
2018 → 2024
Working capital
€371k▲ 2.8%
2023 · €361k
2018: €-67k
2019: €-140k
2020: €-166k
2021: €-151k
2022: €-49k
2023: €361k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-13k-€-19k▼ 42.2%€-56k▼ 202%€233k€349k▲ 49.7%
Operating result€3k-€11k▲ 349%€-25k€425k€120k▼ 71.8%
Net result€9k-€-6k€-38k▼ 580%€290k€116k▼ 60.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 72% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €856k
Fixed assets
€449k ▼ 17.9%
Current assets
€407k ▼ 1.9%
Equity and liabilities €856k
Equity
€349k ▲ 49.7%
Provisions
€116k =
Debt
€391k ▼ 36.2%
Debt's share of the balance-sheet total falls from 63.7% to 45.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€182k▼
2023 · €489k
Cash flow
€178k▼
2023 · €353k
Current ratio
11.19▲
2023 · 7.65
Debt to equity
1.12▼
2023 · 2.63
ROE
33.2%▼
2023 · 124.2%
ROA
13.5%▼
2023 · 30.1%
Interest coverage
18.94▼
2023 · 25.24
Debt ≤ 1 year
€36k▼
2023 · €54k
Debt > 1 year
€353k▼
2023 · €557k
Income taxes
€-157▼
2023 · €157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€962k€856k▼
Fixed assets21/28€547k€449k▼
Tangible fixed assets22/27€547k€449k▼
Land and buildings22€199k€158k▼
Plant, machinery and equipment23€349k€291k▼
Current assets29/58€415k€407k▼
Amounts receivable after more than one year29-€319k
Other amounts receivable291-€319k
Amounts receivable within one year40/41-€84k
Trade receivables40-€84k
Cash at bank and in hand54/58€415k€4k▼
Equity and liabilities
Total equity and liabilities10/49€962k€856k▼
Equity10/15€233k€349k▲
Contributions10/11€62k€62k=
Outside capital11€62k€62k=
Other1109/19€62k€62k=
Reserves13€381k€381k=
Tax-exempt reserves132€348k€348k=
Distributable reserves133€33k€33k=
Profit (loss) carried forward14€-210k€-94k▲
Provisions and deferred taxes16€116k€116k=
Deferred taxes168€116k€116k=
Amounts payable17/49€613k€391k▼
Amounts payable after more than one year17€557k€353k▼
Financial debts170/4€380k€348k▼
Other amounts payable178/9€177k€5k▼
Amounts payable within one year42/48€54k€36k▼
Current portion of amounts payable after more than one year42€31k€32k▲
Trade debts44€21k€1k▼
Suppliers440/4€21k€1k▼
Other amounts payable47/48€3k€3k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€63k▼
Other operating charges640/8€13k€7k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€501k€190k▼
Operating profit (loss)9901€425k€120k▼
Financial income75/76B-€6k
Recurring financial income75-€6k
Financial charges65/66B€19k€10k▼
Recurring financial charges65€19k€10k▼
Profit (loss) for the period before taxes9903€406k€116k▼
Transfer to deferred taxes680€116k-
Income taxes67/77€157€-157▼
Profit (loss) for the period9904€290k€116k▼
Transfer to tax-exempt reserves689€348k-
Profit (loss) for the period to be appropriated9905€-58k€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-210k€-94k▲
Profit (loss) brought forward from the previous period14P€-152k€-210k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €290k
Net result €290k after 2 loss-making years.
31-12
Financial
Liquidity times 77current ratio 7.65
Current ratio from 0.10 to 7.65.
31-12
Financial
Equity above €200kEq €233k
Equity rises from €-56k to €233k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 74 days late
Show earlier events
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Tubize · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Mons 71480 TubizeGround area
295 m²
Building footprint
102 m²
Volume, LiDAR
1,297 m³
Parcel 25105A0084/00M002, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
IL QUADRIFOGLIO
since 19942.067.265.285
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105A0084/00M002 | Wallonia | 295 m² | 1 · 102 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
IMNOSEN
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ORANJE-VRIJSTAAT
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PATRIMO J.B.
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MONY HOUSING
BE 0461.393.465
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MOSA INVEST
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Sint-Pieters-Woluwe · Eq €316,212
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,992 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-11-1993
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.