CASAGRANDE
ActiveCASAGRANDE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €-4k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66=
Solvency48▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.04 in 2024; short-term debt: 72.2% and cash: 7.2% of total assets), and 77.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
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 2025Solvency, return and age of the figures
Solvency
22.7%
Return on assets
-2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
6 d early
2021
4 d early
2020
5 d early
2019
8 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▼ 8.3%
2024 · €47k
2018: €36k
2019: €20k
2020: €33k
2021: €37k
2022: €40k
2023: €53k
2024: €47k
2018 → 2025
Total assets
€189k▼ 23.8%
2024 · €248k
2018: €131k
2019: €207k
2020: €155k
2021: €314k
2022: €271k
2023: €267k
2024: €248k
2018 → 2025
Net result
€-4k▲ 39.4%
2024 · €-6k
2018: €4k
2019: €16k
2020: €16k
2021: €4k
2022: €2k
2023: €14k
2024: €-6k
2018 → 2025
Working capital
€7k▲ 3.5%
2024 · €7k
2018: €40k
2019: €20k
2020: €50k
2021: €-11k
2022: €-25k
2023: €1k
2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€40k▲ 5.8%€53k▲ 34.7%€47k▼ 12.0%€43k▼ 8.3%
Operating result€10k-€11k▲ 13.3%€21k▲ 83.9%€936▼ 95.5%€3k▲ 269%
Net result€4k-€2k▼ 45.6%€14k▲ 529%€-6k€-4k▲ 39.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 269% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189k
Fixed assets
€45k▼ 34.0%
Current assets
€144k▼ 20.0%
Equity and liabilities €189k
Equity
€43k▼ 8.3%
Debt
€146k▼ 27.4%
The debt ratio falls from 81.1% to 77.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€40k▲
2024 · €39k
Cash flow
€33k▲
2024 · €32k
Solvency
22.7%▲
2024 · 18.9%
Current ratio
1.05▲
2024 · 1.04
Quick ratio
0.57▼
2024 · 0.75
Debt / equity
3.40▼
2024 · 4.30
ROE
-9.0%▲
2024 · -13.6%
ROA
-2.0%▲
2024 · -2.6%
Interest coverage
7.41▲
2024 · 6.13
Debt
€146k▼
2024 · €201k
Debt ≤ 1 year
€137k▼
2024 · €173k
Debt > 1 year
€7k▼
2024 · €23k
Income taxes
€2k▲
2024 · €943
Staff costs
€270k▼
2024 · €290k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€248k€189k▼
Fixed assets21/28€68k€45k▼
Intangible fixed assets21€5k€0▼
Tangible fixed assets22/27€63k€39k▼
Land and buildings22€0€2k▲
Plant, machinery and equipment23€9k€14k▲
Furniture and vehicles24€6k€4k▼
Leasing and similar rights25€48k€19k▼
Financial fixed assets28€1k€6k▲
Current assets29/58€180k€144k▼
Stocks and contracts in progress3€51k€66k▲
Stocks30/36€51k€24k▼
Contracts in progress37-€42k
Amounts receivable within one year40/41€82k€61k▼
Trade receivables40€56k€42k▼
Other amounts receivable41€26k€19k▼
Cash at bank and in hand54/58€43k€14k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€248k€189k▼
Equity10/15€47k€43k▼
Contributions10/11€19k€19k=
Reserves13€28k€24k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€26k€23k▼
Amounts payable17/49€201k€146k▼
Amounts payable after more than one year17€23k€7k▼
Financial debts170/4€23k€7k▼
Amounts payable within one year42/48€173k€137k▼
Current portion of amounts payable after more than one year42€26k€16k▼
Financial debts43€3k€5k▲
Credit institutions430/8€3k€5k▲
Trade debts44€114k€87k▼
Suppliers440/4€114k€87k▼
Taxes, remuneration and social security45€30k€28k▼
Taxes450/3€3k€7k▲
Remuneration and social security454/9€27k€21k▼
Accrued charges and deferred income492/3€5k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€290k€270k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€37k▼
Other operating charges640/8€4k€6k▲
Non-recurring operating charges66A€6k€5k▼
Gross operating margin9900€339k€321k▼
Operating profit (loss)9901€936€3k▲
Financial income75/76B€27€192▲
Recurring financial income75€27€192▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-5k€-2k▲
Income taxes67/77€943€2k▲
Profit (loss) for the period9904€-6k€-4k▲
Profit (loss) for the period to be appropriated9905€-6k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-4k▲
Transfer from equity791/2€6k€4k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-6k ▼147%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €16k ▲0.3%
Net result €16k, the highest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, La Louvière · 1 establishment unit since 2015
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 du Marais (H-A) 1037110 La LouvièreGround area
577 m²
Building footprint
118 m²
Volume, LiDAR
360 m³
2 parcels, Wallonia · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Casagrande
since 20152.248.446.934
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55019B0959/00G004 | Wallonia | 505 m² | 1 · 47 m² | 8.8 m · 3 fl. |
| 55035B0315/00E004 | Wallonia | 72 m² | 1 · 71 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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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DEMCO INVEST
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L&R Bouw
BE 0750.732.290
Moorslede · Eq €43k
VIVRE LES ARDENNES
BE 0883.668.713
Sprimont · Eq €43k
MAISONS ENVI
BE 0678.873.504
Binche · Eq €43k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,888 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
43110Demolition
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:direction@srlcasagrande.be