CASARES
Open bankruptcySummary
A bankruptcy procedure is open for CASARES according to publications in the Belgian State Gazette. The 2017 annual accounts show negative equity (-€46,233) and a net result of -€92,013.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 27 March 2025
- Supervising judge
- Ivo Van Genechten
- Official Gazette
- 02-04-2025 (pdf) ↗search the document for 2025/113861
Curators
- Theo MacoursEersels 56, 3980 Tessenderlo- Hamtheo.macours@legalis.be
- Sebastiaan MeeuwensEersels 56, 3980 Tessenderlo-Hamsebastiaan.meeuwens@legalis.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, micro schema
Equity
-€46,233
2016 · €45,781
Total assets
€344,481▼ 26.6%
2016 · €469,234
Net result
-€92,013
2016 · €359,144
Working capital
€190,328▼ 31.4%
2016 · €277,637
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
Line2014201520162017
Operating result-€70,986--€58,005▲ 18.3%€359,344-€91,757
Net result-€71,130--€58,135▲ 18.3%€359,144-€92,013
Equity-€255,229--€313,364▼ 22.8%€45,781-€46,233
Total assets€218,498-€169,636▼ 22.4%€469,234▲ 177%€344,481▼ 26.6%
Debt€173,727-€183,000▲ 5.3%€123,454▼ 32.5%€90,714▼ 26.5%
Working capital-€72,782--€126,212▼ 73.4%€277,637€190,328▼ 31.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2017: a loss of €91,757 after €359,344 in 2016, the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €344,481
Fixed assets
€67,939 ▼ 6.5%
Current assets
€276,542 ▼ 30.3%
Key figures and ratios
EBITDA
-€87,052▼
2016 · €364,049
Cash flow
-€87,309▼
2016 · €363,849
Solvency
-13.4%▼
2016 · 9.8%
Current ratio
3.21▼
2016 · 3.33
ROA
-26.7%▼
2016 · 76.5%
Debt ≤ 1 year
€86,214▼
2016 · €118,954
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,705 | €4,705 | €4,705 | €4,705 | = |
| Gross operating margin9900 | -€66,281 | -€17,003 | €399,950 | -€86,833 | ▼ 122% |
| Operating profit (loss)9901 | -€70,986 | -€58,005 | €359,344 | -€91,757 | ▼ 126% |
| Recurring financial income75 | - | - | - | €0 | - |
| Recurring financial charges65 | €144 | €130 | €200 | €256 | ▲ 28.2% |
| Profit (loss) for the period before taxes9903 | -€71,130 | -€58,135 | €359,144 | -€92,013 | ▼ 126% |
| Profit (loss) for the period9904 | -€71,130 | -€58,135 | €359,144 | -€92,013 | ▼ 126% |
| Profit (loss) for the period to be appropriated9905 | -€71,130 | -€58,135 | €359,144 | -€92,013 | ▼ 126% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €218,498 | €169,636 | €469,234 | €344,481 | ▼ 26.6% |
| Fixed assets21/28 | €122,053 | €117,348 | €72,644 | €67,939 | ▼ 6.5% |
| Tangible fixed assets22/27 | €122,053 | €117,348 | €72,644 | €67,939 | ▼ 6.5% |
| Current assets29/58 | €96,445 | €52,288 | €396,591 | €276,542 | ▼ 30.3% |
| Amounts receivable within one year40/41 | €94,236 | €50,448 | €160,237 | €245,314 | ▲ 53.1% |
| Cash at bank and in hand54/58 | €2,209 | €1,839 | €236,353 | €27,321 | ▼ 88.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €218,498 | €169,636 | €469,234 | €344,481 | ▼ 26.6% |
| Equity10/15 | -€255,229 | -€313,364 | €45,781 | -€46,233 | ▼ 201% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €13,927 | €13,927 | €13,927 | €13,927 | = |
| Profit (loss) carried forward14 | -€319,156 | -€377,291 | -€18,146 | -€110,160 | ▼ 507% |
| Provisions and deferred taxes16 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Amounts payable17/49 | €173,727 | €183,000 | €123,454 | €90,714 | ▼ 26.5% |
| Amounts payable within one year42/48 | €169,227 | €178,500 | €118,954 | €86,214 | ▼ 27.5% |
| Trade debts44 | €42,964 | €39,814 | €54,023 | €37,073 | ▼ 31.4% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€71,130 | -€58,135 | €359,144 | -€92,013 | ▼ 126% |
| + Depreciation and write-downs630 | €4,705 | €4,705 | €4,705 | €4,705 | = |
| Operating cash flow (approximation) | -€66,425 | -€53,430 | €363,849 | -€87,309 | ▼ 124% |
| Investment in fixed assets (approximation) | - | €0 | €40,000 | €0 | ▼ 100% |
| Change in cash | - | -€369 | €234,514 | -€209,032 | ▼ 189% |
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
2025
02-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 27-03-2025
2023
18-01
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Antwerpen, afdeling Hasselt
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 678 days late
2017
31-12
Financial
Weakest financial yearnet -€92,013
Net result drops to -€92,013, the lowest in the series.
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 64 days late
2016
31-12
Financial
Back to profitnet €359,144
Net result €359,144 after 2 loss-making years.
31-12
Financial
Liquidity times 11current ratio 3.33
Current ratio from 0.29 to 3.33; short-term debt falls from €178,500 to €118,954.
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
11-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
10-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 10 days late
Show earlier events
2010
05-07
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
25-06
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
06-08
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 6 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Lommel
Ground area
2.1 ha
Parcel 72342A1225/00E002, Flanders. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72342A1225/00E002 | Flanders | 2.1 ha | - | - |
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | THEO MACOURS EERSELS 56, 3980 TESSENDERLO-
HAM |
27-03-2025 → present |
| Curator | SEBASTIAAN MEEUWENS EERSELS 56, 3980 TESSENDERLO-HAM- |
27-03-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-02-2005
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0871887864
Registered
08-07-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.