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CASEAU

Active
Private limited company (pre-2019)founded 198936 yrs activeNoville 485, 6600 Bastogne, BelgiumKBO/BCE: BE 0439.184.623
Summary

The computed 12-month bankruptcy probability of CASEAU is 2.4% (moderate). The 2024 annual accounts show negative equity (-€11,653) and a net result of €13,299. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 26040 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+17
Solvency3▲+3
Growth58=
Track record84
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63 against 0.5 in 2023; short-term debt: 121.7% and cash: 0% of total assets), and equity is negative.
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Signals

Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 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
-21.7%
Return on assets
24.8%
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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 26040 sector peers (2024).
NBB · sector comparison
Position among 26040 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
71 d late
2023
436 d late
2022
802 d late
2021
1167 d late
2020
47 d late
2019
110 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 439 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingStrikeout withdrawn

History

On 6 December 1989, CASEAU was incorporated.1 Total assets went from EUR 134,432 in 2018 to EUR 53,725 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€0
2023 · €0
Total assets
€53,725▼ 17.8%
2023 · €65,335
Net result
€13,299▲ 74.2%
2023 · €7,635
Working capital
-€24,285▲ 46.7%
2023 · -€45,578
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€0€0€0
Operating result-€11,837▲ 66.2%€3,002-€49,501€9,977€13,501▲ 35.3%
Net result-€13,649below the sector's middle half▲ 62.9%€0within the sector's middle half-€51,265below the sector's middle half€7,635within the sector's middle half€13,299within the sector's middle half▲ 74.2%
Equity€18,678within the sector's middle half▼ 42.2%€18,678within the sector's middle half=-€32,588below the sector's middle half-€24,952below the sector's middle half▲ 23.4%-€11,653below the sector's middle half▲ 53.3%
Total assets€99,995within the sector's middle half▲ 33.4%€140,903within the sector's middle half▲ 40.9%€53,663below the sector's middle half▼ 61.9%€65,335within the sector's middle half▲ 21.8%€53,725below the sector's middle half▼ 17.8%
Debt€81,317▲ 90.9%€122,225▲ 50.3%€86,250▼ 29.4%€90,287▲ 4.7%€65,378▼ 27.6%
Working capital€8,472▼ 69.0%€3,467▼ 59.1%-€84,504-€45,578▲ 46.1%-€24,285▲ 46.7%
Solvency18.7%within the sector's middle half▼ 24.5pp13.3%within the sector's middle half▼ 5.4pp-60.7%below the sector's middle half▼ 74.0pp-38.2%below the sector's middle half▲ 22.5pp-21.7%below the sector's middle half▲ 16.5pp
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2020: -€11,837-€11,837Net result 2020: -€13,649-€13,649Operating result 2021: €3,002€3,002Net result 2021: €0€0Operating result 2022: -€49,501-€49,501Net result 2022: -€51,265-€51,265Operating result 2023: €9,977€9,977Net result 2023: €7,635€7,635Operating result 2024: €13,501€13,501Net result 2024: €13,299€13,29920202021202220232024-€60,000-€40,000-€20,000€0€20,000Operating result 2022: -€49,501-€49,500Net result 2022: -€51,265-€51,300Operating result 2023: €9,977€9,980Net result 2023: €7,635€7,640Operating result 2024: €13,501€13,500Net result 2024: €13,299€13,300202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 35% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €53,725
Fixed assets €12,632 ▼ 38.8%
Current assets €41,093 ▼ 8.1%
Key figures and ratios
2024 value · change against 2023
EBITDA
€18,484▲
2023 · €15,986
Cash flow
€18,283▲
2023 · €13,644
Current ratio
0.63▲
2023 · 0.50
Quick ratio
0.60▲
2023 · 0.48
Debt to equity
-5.61▼
2023 · -3.62
ROA
24.8%▲
2023 · 11.7%
Interest coverage
91.67▲
2023 · 35.89
Debt ≤ 1 year
€65,378▼
2023 · €90,287
Income taxes
€0▼
2023 · €2,140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
5.3% stopped otherwise
91% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.4% 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 497,058 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% 1.6%
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 74% 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 3,799 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 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€65,335€53,725▼
Formation expenses20€0€0=
Fixed assets21/28€20,626€12,632▼
Tangible fixed assets22/27€20,573€12,580▼
Land and buildings22€4,433€4,433=
Plant, machinery and equipment23€13,131€8,148▼
Furniture and vehicles24€3,010€0▼
Financial fixed assets28€52€52=
Current assets29/58€44,709€41,093▼
Stocks and contracts in progress3€1,000€1,700▲
Stocks30/36€1,000€1,700▲
Amounts receivable within one year40/41€25,300€39,392▲
Trade receivables40€25,300€39,392▲
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€18,409€1▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€65,335€53,725▼
Equity10/15-€24,952-€11,653▲
Contributions10/11€20,000€20,000=
Capital10€20,000€20,000=
Issued capital100€20,000€20,000=
Reserves13€87,994€87,994=
Non-distributable reserves130/1€2,000€2,000=
Legal reserve130€2,000€2,000=
Distributable reserves133€85,994€85,994=
Profit (loss) carried forward14-€132,946-€119,647▲
Amounts payable17/49€90,287€65,378▼
Amounts payable within one year42/48€90,287€65,378▼
Trade debts44€35,762€34,366▼
Suppliers440/4€35,762€34,366▼
Taxes, remuneration and social security45€6,862€10,423▲
Taxes450/3€6,862€10,423▲
Remuneration and social security454/9€0€0=
Other amounts payable47/48€47,663€20,589▼
Income statement Code20232024
Turnover70€0€0=
Goods, raw materials, services and sundry goods60/61€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,009€4,983▼
Other operating charges640/8€145€1,467▲
Gross operating margin9900€16,131€19,951▲
Operating profit (loss)9901€9,977€13,501▲
Financial income75/76B€244€0▼
Recurring financial income75€244€0▼
Financial charges65/66B€445€202▼
Recurring financial charges65€445€202▼
Profit (loss) for the period before taxes9903€9,775€13,299▲
Income taxes67/77€2,140€0▼
Profit (loss) for the period9904€7,635€13,299▲
Profit (loss) for the period to be appropriated9905€7,635€13,299▲
Appropriation of the result
Profit (loss) to be appropriated9906-€132,946-€119,647▲
Profit (loss) brought forward from the previous period14P-€140,582-€132,946▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70--€0€0€0-
Goods, raw materials, services and sundry goods60/61--€0€0€0-
Remuneration, social security and pensions62-€7,378€3,001---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,066€9,526€8,662€6,009€4,983▼ 17.1%
Other operating charges640/8-€18,526€21,244€145€1,467▲ 912%
Non-recurring operating charges66A-€424----
Gross operating margin9900€66,430€38,856-€16,594€16,131€19,951▲ 23.7%
Operating profit (loss)9901-€11,837€3,002-€49,501€9,977€13,501▲ 35.3%
Financial income75/76B-€200€0€244€0▼ 99.8%
Recurring financial income75€27€200€0€244€0▼ 99.8%
Financial charges65/66B-€3,202€1,764€445€202▼ 54.7%
Recurring financial charges65€1,838€3,202€1,764€445€202▼ 54.7%
Profit (loss) for the period before taxes9903-€13,649€0-€51,265€9,775€13,299▲ 36.1%
Income taxes67/77---€2,140€0▼ 100%
Profit (loss) for the period9904-€13,649€0-€51,265€7,635€13,299▲ 74.2%
Profit (loss) for the period to be appropriated9905-€13,649€0-€51,265€7,635€13,299▲ 74.2%
Line20202021202220232024Change
Assets
Total assets20/58€99,995€140,903€53,663€65,335€53,725▼ 17.8%
Formation expenses20-€0€0€0€0-
Fixed assets21/28€12,248€17,116€51,917€20,626€12,632▼ 38.8%
Tangible fixed assets22/27€12,196€17,064€51,865€20,573€12,580▼ 38.9%
Land and buildings22-€4,433€4,433€4,433€4,433=
Plant, machinery and equipment23-€10,356€16,620€13,131€8,148▼ 38.0%
Furniture and vehicles24-€2,275€30,812€3,010€0▼ 100%
Financial fixed assets28€52€52€52€52€52=
Current assets29/58€87,747€123,787€1,746€44,709€41,093▼ 8.1%
Stocks and contracts in progress3€21,970€20,425€0€1,000€1,700▲ 70.0%
Stocks30/36-€20,425€0€1,000€1,700▲ 70.0%
Amounts receivable within one year40/41€60,351€103,362€1,091€25,300€39,392▲ 55.7%
Trade receivables40-€39,782€0€25,300€39,392▲ 55.7%
Other amounts receivable41-€63,580€1,091€0€0-
Cash at bank and in hand54/58€3,494€0€136€18,409€1▼ 100.0%
Deferred charges and accrued income490/1--€518€0--
Equity and liabilities
Total equity and liabilities10/49€99,995€140,903€53,663€65,335€53,725▼ 17.8%
Equity10/15€18,678€18,678-€32,588-€24,952-€11,653▲ 53.3%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Capital10-€20,000€20,000€20,000€20,000=
Issued capital100-€20,000€20,000€20,000€20,000=
Reserves13€87,994€87,994€87,994€87,994€87,994=
Non-distributable reserves130/1-€2,000€2,000€2,000€2,000=
Legal reserve130-€2,000€2,000€2,000€2,000=
Distributable reserves133-€85,994€85,994€85,994€85,994=
Profit (loss) carried forward14-€89,316-€89,316-€140,582-€132,946-€119,647▲ 10.0%
Amounts payable17/49€81,317€122,225€86,250€90,287€65,378▼ 27.6%
Amounts payable after more than one year17€2,041€1,905€0---
Financial debts170/4-€1,905€0---
Amounts payable within one year42/48€79,276€120,320€86,250€90,287€65,378▼ 27.6%
Current portion of amounts payable after more than one year42--€0---
Financial debts43-€42,330----
Other loans439-€42,330----
Trade debts44€60,595€29,416€79,012€35,762€34,366▼ 3.9%
Suppliers440/4-€29,416€79,012€35,762€34,366▼ 3.9%
Taxes, remuneration and social security45-€48,575€0€6,862€10,423▲ 51.9%
Taxes450/3-€45,873€0€6,862€10,423▲ 51.9%
Remuneration and social security454/9-€2,701€0€0€0-
Other amounts payable47/48--€7,238€47,663€20,589▼ 56.8%
Line20202021202220232024Change
Profit (loss) for the period9904-€13,649€0-€51,265€7,635€13,299▲ 74.2%
+ Depreciation and write-downs630€4,066€9,526€8,662€6,009€4,983▼ 17.1%
Operating cash flow (approximation)-€9,583€9,526-€42,604€13,644€18,283▲ 34.0%
Investment in fixed assets (approximation)--€14,395-€43,462€25,283€3,010▼ 88.1%
Change in cash--€3,494€136€18,273-€18,408▼ 201%

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
24-10
KBO administration Strikeout withdrawn
10-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
10-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 436 days late
10-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 802 days late
10-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1167 days late
08-09
KBO administration Late accounts filing
2024
31-12
Financial Highest result since 2018net €13,299 ▲74.2%
Operating result €13,501, net result €13,299, both a record.
2023
31-12
Financial Back to profitnet €7,635
Net result €7,635 after 5 loss-making years.
2022
31-12
Financial Weakest financial yearnet -€51,265
Net result drops to -€51,265, the lowest in the series; recovery starts the following year.
2021
16-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
18-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
2019
05-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
18-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Bastogne · 1 establishment unit since 1990
seat establishment approximate The establishment unit on the map
Ground area
1,367 m²
Building footprint
187 m²
Volume, LiDAR
1,543 m³
Parcel 82024D0149/00C004, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Noville 485, 6600 Bastogne
NACE 29322
since 19902.046.699.010
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
82024D0149/00C004indicative Wallonia 1,367 m² 1 · 187 m² 9.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
0 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, comparable size

Of 10,664 companies in sector 47811 we hold annual accounts for 5,221. 2,629 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 (pre-2019)
Founded06-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46610Wholesale trade
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0439184623
Registered 23-12-2025

Register as of 27 September 2026 · Peppol Directory

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