Summary
Casaver is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €41k and a net result of €89k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 8048 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 8048 sector peers (2025).
NBB · sector comparisonPosition among 8048 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
23 d early
2024
121 d early
2023
68 d late
2022
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€41k▼ 91.5%
2024 · €487k
2022: €130k
2023: €302k▲ +132% vs 2022
2024: €487k▲ +61.0% vs 2023highest in 4 years
2025: €41k▼ -91.5% vs 2024lowest in 4 years
2022 → 2025
Net result
€89k▼ 51.5%
2024 · €184k
2022: €125k
2023: €172k▲ +37.0% vs 2022
2024: €184k▲ +7.2% vs 2023highest in 4 years
2025: €89k▼ -51.5% vs 2024lowest in 4 years
2022 → 2025
Total assets
€375k▼ 39.1%
2024 · €616k
2022: €262klowest in 4 years
2023: €429k▲ +63.5% vs 2022
2024: €616k▲ +43.8% vs 2023highest in 4 years
2025: €375k▼ -39.1% vs 2024
2022 → 2025
Solvency
11.0%▼ 68.0pp
2024 · 79.0%
2022: 49.8%
2023: 70.5%▲ +41.7% vs 2022
2024: 79.0%▲ +11.9% vs 2023highest in 4 years
2025: 11.0%▼ -86.1% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€130k-€302k▲ 132%€487k▲ 61.0%€41k▼ 91.5%
2022: €130k
2023: €302k▲ +132% vs 2022
2024: €487k▲ +61.0% vs 2023highest in 4 years
2025: €41k▼ -91.5% vs 2024lowest in 4 years
Operating result€164k-€231k▲ 40.6%€249k▲ 7.7%€140k▼ 43.6%
2022: €164k
2023: €231k▲ +40.6% vs 2022
2024: €249k▲ +7.7% vs 2023highest in 4 years
2025: €140k▼ -43.6% vs 2024lowest in 4 years
Net result€125k-€172k▲ 37.0%€184k▲ 7.2%€89k▼ 51.5%
2022: €125k
2023: €172k▲ +37.0% vs 2022
2024: €184k▲ +7.2% vs 2023highest in 4 years
2025: €89k▼ -51.5% vs 2024lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €375k
Fixed assets
€179k ▲ 125%
Current assets
€196k ▼ 63.4%
Equity and liabilities €375k
Equity
€41k ▼ 91.5%
Debt
€334k ▲ 158%
Debt's share of the balance-sheet total rises from 21.0% to 89.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
217.4%▲
2024 · 37.9%
ROA
23.8%▼
2024 · 29.9%
Debt ≤ 1 year
€280k▲
2024 · €130k
Debt > 1 year
€55k
Income taxes
€41k▼
2024 · €68k
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 · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€616k€375k▼
Fixed assets21/28€79k€179k▲
Tangible fixed assets22/27€79k€179k▲
Furniture and vehicles24€79k€176k▲
Other tangible fixed assets26-€3k
Current assets29/58€537k€196k▼
Amounts receivable within one year40/41€281k€53k▼
Trade receivables40€278k€52k▼
Other amounts receivable41€3k€1k▼
Current investments50/53-€135k
Cash at bank and in hand54/58€255k€2k▼
Deferred charges and accrued income490/1€777€6k▲
Equity and liabilities
Total equity and liabilities10/49€616k€375k▼
Equity10/15€487k€41k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€482k€36k▼
Amounts payable17/49€130k€334k▲
Amounts payable after more than one year17-€55k
Financial debts170/4-€55k
Amounts payable within one year42/48€130k€280k▲
Current portion of amounts payable after more than one year42-€19k
Trade debts44€14k€12k▼
Suppliers440/4€14k€12k▼
Taxes, remuneration and social security45€115k€65k▼
Taxes450/3€115k€65k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€0€183k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€32k▲
Other operating charges640/8€5k€3k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€275k€175k▼
Operating profit (loss)9901€249k€140k▼
Financial income75/76B€4k€0▼
Recurring financial income75€4k€0▼
Financial charges65/66B€220€10k▲
Recurring financial charges65€220€10k▲
Profit (loss) for the period before taxes9903€253k€130k▼
Income taxes67/77€68k€41k▼
Profit (loss) for the period9904€184k€89k▼
Profit (loss) for the period to be appropriated9905€184k€89k▼
Appropriation of the result
Profit (loss) to be appropriated9906€482k€91k▼
Profit (loss) brought forward from the previous period14P€297k€2k▼
Transfer from equity791/2-€480k
Profit to be distributed694/7-€535k
Return on contributions (dividend)694-€535k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €14k | €21k | €32k | ▲ 50.5% |
| Other operating charges640/8 | €3k | €3k | €5k | €3k | ▼ 43.6% |
| Non-recurring operating charges66A | - | €17k | €0 | - | - |
| Gross operating margin9900 | €174k | €266k | €275k | €175k | ▼ 36.2% |
| Operating profit (loss)9901 | €164k | €231k | €249k | €140k | ▼ 43.6% |
| Financial income75/76B | €7 | €2 | €4k | €0 | ▼ 100.0% |
| Recurring financial income75 | €7 | €2 | €4k | €0 | ▼ 100.0% |
| Financial charges65/66B | €1k | €2k | €220 | €10k | ▲ 4,493% |
| Recurring financial charges65 | €1k | €2k | €220 | €10k | ▲ 4,493% |
| Profit (loss) for the period before taxes9903 | €163k | €229k | €253k | €130k | ▼ 48.4% |
| Income taxes67/77 | €37k | €57k | €68k | €41k | ▼ 40.0% |
| Profit (loss) for the period9904 | €125k | €172k | €184k | €89k | ▼ 51.5% |
| Profit (loss) for the period to be appropriated9905 | €125k | €172k | €184k | €89k | ▼ 51.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €262k | €429k | €616k | €375k | ▼ 39.1% |
| Fixed assets21/28 | €54k | €97k | €79k | €179k | ▲ 125% |
| Tangible fixed assets22/27 | €54k | €97k | €79k | €179k | ▲ 125% |
| Furniture and vehicles24 | €5k | €97k | €79k | €176k | ▲ 122% |
| Leasing and similar rights25 | €49k | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | - | €3k | - |
| Current assets29/58 | €208k | €331k | €537k | €196k | ▼ 63.4% |
| Amounts receivable within one year40/41 | €22k | €205k | €281k | €53k | ▼ 81.1% |
| Trade receivables40 | €22k | €205k | €278k | €52k | ▼ 81.3% |
| Other amounts receivable41 | - | - | €3k | €1k | ▼ 67.5% |
| Current investments50/53 | - | - | - | €135k | - |
| Cash at bank and in hand54/58 | €186k | €122k | €255k | €2k | ▼ 99.1% |
| Deferred charges and accrued income490/1 | - | €4k | €777 | €6k | ▲ 644% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €262k | €429k | €616k | €375k | ▼ 39.1% |
| Equity10/15 | €130k | €302k | €487k | €41k | ▼ 91.5% |
| Contributions10/11 | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €125k | €297k | €482k | €36k | ▼ 92.5% |
| Amounts payable17/49 | €132k | €126k | €130k | €334k | ▲ 158% |
| Amounts payable after more than one year17 | €32k | €0 | - | €55k | - |
| Financial debts170/4 | €32k | €0 | - | €55k | - |
| Amounts payable within one year42/48 | €100k | €126k | €130k | €280k | ▲ 116% |
| Current portion of amounts payable after more than one year42 | €12k | €0 | - | €19k | - |
| Trade debts44 | €4k | €4k | €14k | €12k | ▼ 15.2% |
| Suppliers440/4 | €4k | €4k | €14k | €12k | ▼ 15.2% |
| Taxes, remuneration and social security45 | €75k | €116k | €115k | €65k | ▼ 43.7% |
| Taxes450/3 | €75k | €113k | €115k | €65k | ▼ 43.7% |
| Remuneration and social security454/9 | - | €3k | €0 | - | - |
| Other amounts payable47/48 | €8k | €7k | €0 | €183k | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €125k | €172k | €184k | €89k | ▼ 51.5% |
| + Depreciation and write-downs630 | €6k | €14k | €21k | €32k | ▲ 50.5% |
| Operating cash flow (approximation) | €132k | €186k | €206k | €122k | ▼ 40.9% |
| Investment in fixed assets (approximation) | - | €-58k | €-3k | €-132k | ▼ 3,693% |
| Change in cash | - | €-64k | €133k | €-253k | ▼ 290% |
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
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €89k ▼51.5%
Net result drops to €89k, the lowest in the series.
28-04
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €184k ▲7.2%
Operating result €249k, net result €184k, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
15-04
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
2023
31-12
Financial
Equity above €200kEq €302k ▲132%
2 profitable years in a row build equity to €302k.
07-08
State Gazette act
Board meeting · General meeting
Power of attorney · Director appointment
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Overijse · 1 establishment unit since 2022
Ground area
1.3 ha
Building footprint
553 m²
Volume, LiDAR
3,415 m³
2 parcels, Flanders, Wallonia · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Casaver
since 20222.331.795.569
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23542H0307/00B000 | Flanders | 1.2 ha | 1 · 471 m² | 13.6 m · 2 fl. |
| 25112B0080/00X000 | Wallonia | 1,138 m² | 1 · 82 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared director
→
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Identification & contact
Identification
Legal formPrivate limited company
Founded28-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.