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cascon management

Active
Private limited companyfounded 20233 yrs activeTijmlaan 29, 8790 Waregem, BelgiumKBO/BCE: BE 0803.680.137
Summary

The computed 12-month bankruptcy probability of cascon management is 1.9% (moderate). The 2024 annual accounts show equity of €14,615 and a net result of €14,474. Its solvency ranks better than 47% of 241 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency58
Growth-
Track record79
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.47; short-term debt: 62.8% and cash: 61.6% of total assets), and 67.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
32.9%
Return on assets
32.5%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 45 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 32% 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

History

On 6 July 2023, cascon management was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€14,615
Total assets
€44,489
Net result
€14,474
Working capital
€13,236

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €44,489
Fixed assets €3,299
Current assets €41,190
Equity and liabilities €44,489
Equity €14,615
Debt €29,874
Debt finances 67.1% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€19,021
Cash flow
€15,251
Current ratio
1.47
Debt to equity
2.04
ROE
99.0%
ROA
32.5%
Interest coverage
185.74
Debt ≤ 1 year
€27,954
Income taxes
€3,668

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 44 lines
Balance sheet Code2024
Assets
Total assets20/58€44,489
Fixed assets21/28€3,299
Intangible fixed assets21€605
Tangible fixed assets22/27€2,694
Plant, machinery and equipment23€2,344
Furniture and vehicles24€350
Current assets29/58€41,190
Amounts receivable within one year40/41€4,852
Trade receivables40€4,852
Current investments50/53€1,951
Cash at bank and in hand54/58€27,409
Deferred charges and accrued income490/1€6,978
Equity and liabilities
Total equity and liabilities10/49€44,489
Equity10/15€14,615
Contributions10/11€1,000
Reserves13€13,615
Distributable reserves133€13,615
Profit (loss) carried forward14€0
Amounts payable17/49€29,874
Amounts payable within one year42/48€27,954
Trade debts44€126
Suppliers440/4€126
Taxes, remuneration and social security45€8,556
Taxes450/3€6,556
Remuneration and social security454/9€2,000
Other amounts payable47/48€19,271
Accrued charges and deferred income492/3€1,920
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€777
Other operating charges640/8€929
Gross operating margin9900€19,951
Operating profit (loss)9901€18,244
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€102
Recurring financial charges65€102
Profit (loss) for the period before taxes9903€18,142
Income taxes67/77€3,668
Profit (loss) for the period9904€14,474
Profit (loss) for the period to be appropriated9905€14,474
Appropriation of the result
Profit (loss) to be appropriated9906€14,474
Transfer to equity691/2€13,615
To other reserves6921€13,615
Profit to be distributed694/7€859
Return on contributions (dividend)694€859

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€777
Other operating charges640/8€929
Gross operating margin9900€19,951
Operating profit (loss)9901€18,244
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€102
Recurring financial charges65€102
Profit (loss) for the period before taxes9903€18,142
Income taxes67/77€3,668
Profit (loss) for the period9904€14,474
Profit (loss) for the period to be appropriated9905€14,474
Line2024
Assets
Total assets20/58€44,489
Fixed assets21/28€3,299
Intangible fixed assets21€605
Tangible fixed assets22/27€2,694
Plant, machinery and equipment23€2,344
Furniture and vehicles24€350
Current assets29/58€41,190
Amounts receivable within one year40/41€4,852
Trade receivables40€4,852
Current investments50/53€1,951
Cash at bank and in hand54/58€27,409
Deferred charges and accrued income490/1€6,978
Equity and liabilities
Total equity and liabilities10/49€44,489
Equity10/15€14,615
Contributions10/11€1,000
Reserves13€13,615
Distributable reserves133€13,615
Profit (loss) carried forward14€0
Amounts payable17/49€29,874
Amounts payable within one year42/48€27,954
Trade debts44€126
Suppliers440/4€126
Taxes, remuneration and social security45€8,556
Taxes450/3€6,556
Remuneration and social security454/9€2,000
Other amounts payable47/48€19,271
Accrued charges and deferred income492/3€1,920
Line2024
Profit (loss) for the period9904€14,474
+ Depreciation and write-downs630€777
Operating cash flow (approximation)€15,251

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Waregem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
692 m²
Building footprint
188 m²
Volume, LiDAR
870 m³
Parcel 34040C0105/00A002, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
cascon management
Tijmlaan 29, 8790 WaregemWaste collection, recovery and disposal activities
since 20232.347.054.263
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34040C0105/00A002 Flanders 692 m² 1 · 188 m² 6.4 m · 2 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.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 7,740 EUR awarded · 7,740 EUR paid
Year Entries awardedpaid
2025 1 3,105 EUR3,105 EUR
2024 1 4,515 EUR4,635 EUR
2023 1 120 EUR0 EUR
Schemes
3 entries · 7,740 EUR · 7,740 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 61 companies in sector 38320 we hold annual accounts for 47. 11 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
Founded06-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
38320Waste collection, recovery and disposal activities
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803680137
Also 9925:BE0803680137
Registered 30-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.