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CASAMAX

Active
Private limited companyfounded 201511 yrs activeLouizalaan 32, 1050 Elsene, BelgiumKBO/BCE: BE 0629.762.503
Summary

The computed 12-month bankruptcy probability of CASAMAX is 1.9% (moderate). The 2024 annual accounts show equity of €6.8m and a net result of -€7,934. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 3561 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
CASAMAXActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Other specialised construction activities
NACE 43990NACE 43999
#3 company by equity in Elsene, Construction sector1 site
Size
€7.4mtotal assets 2024
Equity
€6.8m
Loss
-€7,934
Financial health
54 Fair Checked score 2024
Bankruptcy chance 12 m
1.9%
Structure
Parent
PROWINKO BELGIE HOLDING · 70%
Holdings
1
Accounts 66 d overdue0 of 5 deeds read
Why 54- Liquidity: current ratio 272.20, cash €23,250- Figures for FY 2024 (filed 02-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 60 days late; 1 of the last 3 late+ Size: total assets €7.4mShow the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 49% of its sector peers (NACE 43, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 100+4
equity 92.2% of total assets
Liquidity 50+1
short-term debt 0.1% · cash 0.3%
Profitability 37=
return on assets -0.1%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,633 companies)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● 0.0% vs 11-2024lowest value 01-2025: 0.4%● 0.0% vs 12-2024lowest value 02-2025: 0.4%● 0.0% vs 01-2025lowest value 03-2025: 0.4%▲ +1.8% vs 02-2025 04-2025: 0.4%▲ +6.4% vs 03-2025 05-2025: 0.4%▲ +2.2% vs 04-2025 06-2025: 0.5%▲ +15.0% vs 05-2025 07-2025: 0.5%▲ +5.7% vs 06-2025 08-2025: 0.7%▲ +33.7% vs 07-2025 09-2025: 0.9%▲ +23.1% vs 08-2025 10-2025: 1.5%▲ +76.5% vs 09-2025 11-2025: 0.7%▼ -55.0% vs 10-2025 12-2025: 0.7%● 0.0% vs 11-2025 01-2026: 0.7%● 0.0% vs 12-2025 02-2026: 0.7%● 0.0% vs 01-2026 03-2026: 0.7%▲ +1.8% vs 02-2026 04-2026: 0.7%▼ -2.0% vs 03-2026 05-2026: 0.7%▲ +0.6% vs 04-2026 06-2026: 0.7%▲ +6.8% vs 05-2026 07-2026: 0.7%▲ +2.3% vs 06-2026 08-2026: 1.0%▲ +40.8% vs 07-2026 09-2026: 1.2%▲ +18.8% vs 08-2026 10-2026: 1.9%▲ +54.9% vs 09-2026highest value
  • Liquidity: current ratio 272.20, cash €23,250 raises the probability
  • Figures for FY 2024 (filed 02-10-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 60 days late; 1 of the last 3 late raises the probability
  • Size: total assets €7.4m lowers the probability for this profile
Credit up to €360,000 at 30 days acceptable
short-term debt: 0.1% and cash: 0.3% of total assets, and 7.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, small). Better than this share of them on solvency 95%, liquidity 60%, profitability 14%, growth against the median 28%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 272.20, cash €23,250
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 02-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 60 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €7.4m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
on the day
2022
6 d early
2021
24 d early
2020
9 d early
2019
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Liquidity times 69current ratio 272.20
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Risk: 7 loss-making years in a rowloss fiscal year 2024 -€7,934 View
  • Positive: Among the best 5% on solvencysector median 40.0% · 3,561 companies 92.2% View
  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
  • Controlled by PROWINKO BELGIE HOLDINGitself parent of 2 companies 70% View

By topic

Financials

Fiscal year
2024
Total assets
€7.4m
Loss
-€7,934
Solvency
92.2%
Total assets▼ 23.2%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 29-09-2025Annual accounts filed
  2. 31-12-2024Liquidity times 69
  3. 31-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
04-05-2015
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

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