CASARO
ActiveSummary
CASARO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €-2k. Its solvency ranks better than 25% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2022
Profitability47▼-24
Solvency32▼-1
Growth32
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.03 against 1.02 in 2022; short-term debt: 93.4% and cash: 4% of total assets), and 93.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
6.6%
Return on assets
-0.6%
Age of the figures
24 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 148 days later.
NBB · 2 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 28-07-2025, 89 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
89 d late
2022
569 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€19k▼ 25.6%
2022 · €25k
2022: €25k
2024: €19k
2022 → 2024
Total assets
€286k▼ 4.9%
2022 · €301k
2022: €301k
2024: €286k
2022 → 2024
Net result
€-2k
2022 · €5k
2022: €5k
2024: €-2k
2022 → 2024
Working capital
€7k▲ 49.6%
2022 · €5k
2022: €5k
2024: €7k
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222024Trend
Equity€25k-€19k▼ 25.6%
2022: €25k
2024: €19k
Operating result€7k-€296▼ 95.7%
2022: €7k
2024: €296
Net result€5k-€-2k
2022: €5k
2024: €-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €296 in 2024, compared with €7k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €286k
Fixed assets
€12k ▼ 43.2%
Current assets
€274k ▼ 2.1%
Equity and liabilities €286k
Equity
€19k ▼ 25.6%
Debt
€267k ▼ 3.0%
Debt's share of the balance-sheet total rises from 91.6% to 93.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2022 · €13k
Cash flow
€4k▼
2022 · €12k
Current ratio
1.03▲
2022 · 1.02
Quick ratio
0.87▼
2022 · 0.95
Debt to equity
14.14▲
2022 · 10.86
ROE
-9.5%▼
2022 · 19.6%
ROA
-0.6%▼
2022 · 1.7%
Interest coverage
3.48▼
2022 · 6.98
Debt ≤ 1 year
€267k▼
2022 · €275k
Income taxes
€240
Staff costs
€10k▼
2022 · €26k
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 2022 · 46 lines
Balance sheet
Code20222024
Assets
Total assets20/58€301k€286k▼
Fixed assets21/28€21k€12k▼
Tangible fixed assets22/27€18k€9k▼
Plant, machinery and equipment23€3k€798▼
Furniture and vehicles24€6k€5k▼
Other tangible fixed assets26€9k€3k▼
Financial fixed assets28€2k€2k=
Current assets29/58€280k€274k▼
Stocks and contracts in progress3€19k€41k▲
Stocks30/36€19k€41k▲
Amounts receivable within one year40/41€226k€213k▼
Trade receivables40€220k€200k▼
Other amounts receivable41€6k€13k▲
Cash at bank and in hand54/58€21k€11k▼
Deferred charges and accrued income490/1€13k€8k▼
Equity and liabilities
Total equity and liabilities10/49€301k€286k▼
Equity10/15€25k€19k▼
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€3k€-3k▼
Amounts payable17/49€275k€267k▼
Amounts payable within one year42/48€275k€267k▼
Trade debts44€50k€2k▼
Suppliers440/4€50k€2k▼
Advances received on contracts in progress46€168k€189k▲
Taxes, remuneration and social security45€12k€240▼
Taxes450/3-€240
Remuneration and social security454/9€12k-
Other amounts payable47/48€45k€76k▲
Income statement
Code20222024
Remuneration, social security and pensions62€26k€10k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€531€1k▲
Gross operating margin9900€40k€18k▼
Operating profit (loss)9901€7k€296▼
Financial income75/76B€31-
Recurring financial income75€31-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€5k€-2k▼
Income taxes67/77-€240
Profit (loss) for the period9904€5k€-2k▼
Profit (loss) for the period to be appropriated9905€5k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-3k▼
Profit (loss) brought forward from the previous period14P€-2k€-1k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €26k | €10k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €6k | - |
| Other operating charges640/8 | €531 | €1k | - |
| Gross operating margin9900 | €40k | €18k | - |
| Operating profit (loss)9901 | €7k | €296 | - |
| Financial income75/76B | €31 | - | - |
| Recurring financial income75 | €31 | - | - |
| Financial charges65/66B | €2k | €2k | - |
| Recurring financial charges65 | €2k | €2k | - |
| Profit (loss) for the period before taxes9903 | €5k | €-2k | - |
| Income taxes67/77 | - | €240 | - |
| Profit (loss) for the period9904 | €5k | €-2k | - |
| Profit (loss) for the period to be appropriated9905 | €5k | €-2k | - |
| Line | 2022 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €301k | €286k | - |
| Fixed assets21/28 | €21k | €12k | - |
| Tangible fixed assets22/27 | €18k | €9k | - |
| Plant, machinery and equipment23 | €3k | €798 | - |
| Furniture and vehicles24 | €6k | €5k | - |
| Other tangible fixed assets26 | €9k | €3k | - |
| Financial fixed assets28 | €2k | €2k | - |
| Current assets29/58 | €280k | €274k | - |
| Stocks and contracts in progress3 | €19k | €41k | - |
| Stocks30/36 | €19k | €41k | - |
| Amounts receivable within one year40/41 | €226k | €213k | - |
| Trade receivables40 | €220k | €200k | - |
| Other amounts receivable41 | €6k | €13k | - |
| Cash at bank and in hand54/58 | €21k | €11k | - |
| Deferred charges and accrued income490/1 | €13k | €8k | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €301k | €286k | - |
| Equity10/15 | €25k | €19k | - |
| Contributions10/11 | €20k | €20k | - |
| Reserves13 | €2k | €2k | - |
| Non-distributable reserves130/1 | €2k | €2k | - |
| Reserves not available under the articles1311 | €2k | €2k | - |
| Profit (loss) carried forward14 | €3k | €-3k | - |
| Amounts payable17/49 | €275k | €267k | - |
| Amounts payable within one year42/48 | €275k | €267k | - |
| Trade debts44 | €50k | €2k | - |
| Suppliers440/4 | €50k | €2k | - |
| Advances received on contracts in progress46 | €168k | €189k | - |
| Taxes, remuneration and social security45 | €12k | €240 | - |
| Taxes450/3 | - | €240 | - |
| Remuneration and social security454/9 | €12k | - | - |
| Other amounts payable47/48 | €45k | €76k | - |
| Line | 2022 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-2k | - |
| + Depreciation and write-downs630 | €7k | €6k | - |
| Operating cash flow (approximation) | €12k | €4k | - |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
19-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 569 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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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, Gent · 1 establishment unit since 2015
Ground area
686 m²
Building footprint
323 m²
Volume, LiDAR
5,838 m³
Parcel 44803C0665/00D000, Flanders · tallest building 23.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
CASARO
since 20152.249.741.784
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0665/00D000 | Flanders | 685 m² | 1 · 323 m² | 23.2 m · 6 fl. |
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.249.741.784
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Of 393 companies in sector 46331 we hold annual accounts for 228. 63 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-11-2015
Fiscal year end30-09
Activities, NACEBEL 2025
46331Wholesale trade
47221Retail sale of meat and meat products, excluding game and poultry
Scores and ratios are computed by Checked and are not a credit decision.