CASCADA
ActiveSummary
CASCADA has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-528k) and a net result of €21k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 5% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
59
/ 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
Profitability100=
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.01 in 2024; cash: 28.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 2025Solvency, return and age of the figures
Return on assets
332.5%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 11322 sector peers (2025).
NBB · sector comparisonPosition among 11322 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
4 d early
2022
4 d early
2021
3 d late
2020
30 d late
2019
2 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21k▼ 35.7%
2024 · €32k
2019: €-1k
2020: €-1k
2021: €4k
2022: €-1k
2023: €-8k
2024: €32k
2019 → 2025
Working capital
€-528k▲ 3.8%
2024 · €-548k
2019: €-574k
2020: €-576k
2021: €-572k
2022: €-573k
2023: €-581k
2024: €-548k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-572k-€-573k▼ 0.2%€-581k▼ 1.3%€-548k▲ 5.5%€-528k▲ 3.8%
Operating result€4k-€-1k€-7k▼ 541%€33k€21k▼ 35.3%
Net result€4k-€-1k€-8k▼ 481%€32k€21k▼ 35.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Key figures and ratios
Current ratio
0.01▲
2024 · 0.01
Quick ratio
0.00▲
2024 · 0.00
Debt to equity
-1.01▼
2024 · -1.01
ROA
332.5%▼
2024 · 556.0%
Debt
€534k▼
2024 · €554k
Debt ≤ 1 year
€534k▼
2024 · €554k
A ratio outside any meaningful range has been withheld (balance sheet total €6k, equity €-528k).
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 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6k€6k▲
Current assets29/58€6k€6k▲
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€889€642▼
Trade receivables40-€634
Other amounts receivable41€889€7▼
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€86€88▲
Equity and liabilities
Total equity and liabilities10/49€6k€6k▲
Equity10/15€-548k€-528k▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Profit (loss) carried forward14€-623k€-602k▲
Amounts payable17/49€554k€534k▼
Amounts payable within one year42/48€554k€534k▼
Trade debts44€3k€530▼
Suppliers440/4€3k€530▼
Other amounts payable47/48€551k€533k▼
Income statement
Code20242025
Other operating charges640/8€593€526▼
Gross operating margin9900€33k€22k▼
Operating profit (loss)9901€33k€21k▼
Financial income75/76B-€35
Recurring financial income75-€35
Financial charges65/66B€556€521▼
Recurring financial charges65€556€521▼
Profit (loss) for the period before taxes9903€32k€21k▼
Profit (loss) for the period9904€32k€21k▼
Profit (loss) for the period to be appropriated9905€32k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-623k€-602k▲
Profit (loss) brought forward from the previous period14P€-655k€-623k▲
The notes to these accounts (4 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €32k
Net result €32k after 2 loss-making years.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
31-03
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Deinze · 1 establishment unit since 2000
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.
E 3 laan 219800 DeinzeGround area
4,251 m²
Building footprint
1,400 m²
Volume, LiDAR
7,596 m³
Parcel 44054B0806/00N000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CASCADA COATINGS
since 20002.099.429.101
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44054B0806/00N000 | Flanders | 4,251 m² | 1 · 1,400 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
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BE 0454.894.069
Gent
Avient S.à r.l., Belgium Branch
BE 0700.822.426
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BIO-RAD LABORATORIES
BE 0430.505.794
Lokeren
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,228 companies in sector 46851 we hold annual accounts for 516. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-10-1997
Fiscal year end31-03
Activities, NACEBEL 2025
46851Wholesale of industrial chemicals
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.