CASELLI
ActiveSummary
CASELLI has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €493,023 and a net result of €27,044. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 4.49 against 4.28 in 2024; short-term debt: 19.4% and cash: 15.8% of total assets), and 19.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.6%
Return on assets
4.4%
Age of the figures
18 mo
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 02-09-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
37 d early
2023
34 d early
2022
42 d early
2021
45 d early
2020
47 d early
2019
57 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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. Usually files around 19 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€493,023▲ 1.9%
2024 · €483,979
Total assets
€611,496▲ 1.3%
2024 · €603,660
Net result
€27,044▲ 30.5%
2024 · €20,716
Working capital
€413,119▲ 5.3%
2024 · €392,438
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
Line20212022202320242025
Operating result€15,448€39,239▲ 154%€24,634▼ 37.2%€21,344▼ 13.4%€29,309▲ 37.3%
Net result€19,251within the sector's middle half▲ 133%€34,961above the sector's middle half▲ 81.6%€23,415above the sector's middle half▼ 33.0%€20,716within the sector's middle half▼ 11.5%€27,044above the sector's middle half▲ 30.5%
Equity€434,887above the sector's middle half▲ 4.6%€469,847above the sector's middle half▲ 8.0%€463,263above the sector's middle half▼ 1.4%€483,979above the sector's middle half▲ 4.5%€493,023above the sector's middle half▲ 1.9%
Total assets€614,811above the sector's middle half▼ 3.9%€636,108above the sector's middle half▲ 3.5%€581,353above the sector's middle half▼ 8.6%€603,660above the sector's middle half▲ 3.8%€611,496above the sector's middle half▲ 1.3%
Debt€179,924▼ 19.8%€166,261▼ 7.6%€118,090▼ 29.0%€119,681▲ 1.3%€118,472▼ 1.0%
Working capital€355,914above the sector's middle half▲ 5.2%€398,667above the sector's middle half▲ 12.0%€390,246above the sector's middle half▼ 2.1%€392,438above the sector's middle half▲ 0.6%€413,119above the sector's middle half▲ 5.3%
Solvency70.7%above the sector's middle half▲ 5.8pp73.9%above the sector's middle half▲ 3.1pp79.7%above the sector's middle half▲ 5.8pp80.2%above the sector's middle half▲ 0.5pp80.6%above the sector's middle half▲ 0.5pp
Current ratio3.38above the sector's middle half▲ 0.483.73above the sector's middle half▲ 0.354.62above the sector's middle half▲ 0.894.28above the sector's middle half▼ 0.344.49above the sector's middle half▲ 0.21
Return on assets (ROA)3.1%within the sector's middle half▲ 1.8pp5.5%within the sector's middle half▲ 2.4pp4.0%within the sector's middle half▼ 1.5pp3.4%within the sector's middle half▼ 0.6pp4.4%within the sector's middle half▲ 1.0pp
Staff (FTE)1▼ 50.0%1=1=1=1=
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 37% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €611,496
Fixed assets
€79,904 ▼ 12.7%
Current assets
€531,592 ▲ 3.8%
Equity and liabilities €611,496
Equity
€493,023 ▲ 1.9%
Debt
€118,472 ▼ 1.0%
Debt's share of the balance-sheet total falls from 19.8% to 19.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50,606▲
2024 · €39,359
Cash flow
€48,342▲
2024 · €38,731
Quick ratio
2.23▲
2024 · 2.05
Debt to equity
0.24▼
2024 · 0.25
ROE
5.5%▲
2024 · 4.3%
Interest coverage
52.33▲
2024 · 37.90
Debt ≤ 1 year
€118,472▼
2024 · €119,681
Income taxes
€13,295▲
2024 · €8,529
Staff costs
€49,696▲
2024 · €48,569
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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%.
| 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 17,027 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,184 | - |
| Remuneration, social security and pensions62 | - | €40,267 | €46,220 | €48,569 | €49,696 | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,994 | €17,791 | €15,628 | €18,015 | €21,297 | ▲ 18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€11,635 | -€16,468 | -€11,508 | -€12,870 | ▼ 11.8% |
| Other operating charges640/8 | - | €2,350 | €2,575 | €2,536 | €2,163 | ▼ 14.7% |
| Gross operating margin9900 | €92,085 | €88,013 | €72,589 | €78,957 | €89,596 | ▲ 13.5% |
| Operating profit (loss)9901 | €15,448 | €39,239 | €24,634 | €21,344 | €29,309 | ▲ 37.3% |
| Financial income75/76B | - | €10,935 | €12,831 | €8,940 | €11,997 | ▲ 34.2% |
| Recurring financial income75 | €8,531 | €10,935 | €12,831 | €8,940 | €11,997 | ▲ 34.2% |
| Financial charges65/66B | - | €1,176 | €1,317 | €1,039 | €967 | ▼ 6.9% |
| Recurring financial charges65 | €1,575 | €1,176 | €1,317 | €1,039 | €967 | ▼ 6.9% |
| Profit (loss) for the period before taxes9903 | €22,404 | €48,999 | €36,148 | €29,245 | €40,339 | ▲ 37.9% |
| Income taxes67/77 | €3,153 | €14,038 | €12,733 | €8,529 | €13,295 | ▲ 55.9% |
| Profit (loss) for the period9904 | €19,251 | €34,961 | €23,415 | €20,716 | €27,044 | ▲ 30.5% |
| Profit (loss) for the period to be appropriated9905 | €19,251 | €34,961 | €23,415 | €20,716 | €27,044 | ▲ 30.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €614,811 | €636,108 | €581,353 | €603,660 | €611,496 | ▲ 1.3% |
| Fixed assets21/28 | €109,251 | €91,460 | €83,203 | €91,541 | €79,904 | ▼ 12.7% |
| Tangible fixed assets22/27 | €109,201 | €91,410 | €83,154 | €91,491 | €79,854 | ▼ 12.7% |
| Plant, machinery and equipment23 | - | €217 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €976 | - |
| Other tangible fixed assets26 | - | €91,193 | €83,154 | €91,491 | €78,878 | ▼ 13.8% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €505,560 | €544,649 | €498,150 | €512,119 | €531,592 | ▲ 3.8% |
| Stocks and contracts in progress3 | €286,280 | €277,552 | €254,705 | €266,473 | €267,267 | ▲ 0.3% |
| Stocks30/36 | - | €277,552 | €254,705 | €266,473 | €267,267 | ▲ 0.3% |
| Amounts receivable within one year40/41 | €133,824 | €143,448 | €147,712 | €165,310 | €167,107 | ▲ 1.1% |
| Trade receivables40 | - | €1,624 | €388 | €337 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €141,824 | €147,325 | €164,973 | €167,107 | ▲ 1.3% |
| Current investments50/53 | €410 | €410 | €410 | €410 | €410 | = |
| Cash at bank and in hand54/58 | €85,045 | €123,065 | €95,322 | €79,925 | €96,809 | ▲ 21.1% |
| Deferred charges and accrued income490/1 | - | €173 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €614,811 | €636,108 | €581,353 | €603,660 | €611,496 | ▲ 1.3% |
| Equity10/15 | €434,887 | €469,847 | €463,263 | €483,979 | €493,023 | ▲ 1.9% |
| Contributions10/11 | - | €49,579 | €49,579 | €49,579 | €49,579 | = |
| Reserves13 | €385,308 | €420,269 | €413,684 | €434,400 | €443,444 | ▲ 2.1% |
| Non-distributable reserves130/1 | - | €4,958 | €4,958 | - | - | - |
| Reserves not available under the articles1311 | - | €4,958 | €4,958 | - | - | - |
| Tax-exempt reserves132 | - | €5,465 | €5,465 | €5,465 | €5,465 | = |
| Distributable reserves133 | - | €409,846 | €403,262 | €428,936 | €437,980 | ▲ 2.1% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €179,924 | €166,261 | €118,090 | €119,681 | €118,472 | ▼ 1.0% |
| Amounts payable after more than one year17 | €30,278 | €20,279 | €10,187 | - | - | - |
| Financial debts170/4 | - | €20,279 | €10,187 | - | - | - |
| Amounts payable within one year42/48 | €149,646 | €145,981 | €107,903 | €119,681 | €118,472 | ▼ 1.0% |
| Current portion of amounts payable after more than one year42 | - | €9,999 | €10,093 | €10,187 | €0 | ▼ 100% |
| Trade debts44 | €101,865 | €95,530 | €68,469 | €80,429 | €66,863 | ▼ 16.9% |
| Suppliers440/4 | - | €95,530 | €68,469 | €80,429 | €66,863 | ▼ 16.9% |
| Taxes, remuneration and social security45 | - | €38,885 | €29,342 | €29,065 | €33,609 | ▲ 15.6% |
| Taxes450/3 | - | €27,871 | €18,303 | €17,589 | €21,763 | ▲ 23.7% |
| Remuneration and social security454/9 | - | €11,015 | €11,039 | €11,475 | €11,846 | ▲ 3.2% |
| Other amounts payable47/48 | - | €1,567 | - | - | €18,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,251 | €34,961 | €23,415 | €20,716 | €27,044 | ▲ 30.5% |
| + Depreciation and write-downs630 | €22,994 | €17,791 | €15,628 | €18,015 | €21,297 | ▲ 18.2% |
| Operating cash flow (approximation) | €42,245 | €52,752 | €39,043 | €38,731 | €48,342 | ▲ 24.8% |
| Investment in fixed assets (approximation) | - | €0 | -€7,372 | -€26,352 | -€9,660 | ▲ 63.3% |
| Change in cash | - | €38,020 | -€27,744 | -€15,396 | €16,883 | ▲ 210% |
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
2025
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €34,961 ▲81.6%
Operating result €39,239, net result €34,961, both a record.
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €8,270 ▼54.8%
Net result drops to €8,270, the lowest in the series; recovery starts the following year.
2019
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-09
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.
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.
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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, Sint-Martens-Latem · 1 establishment unit since 1998
Ground area
489 m²
Building footprint
149 m²
Volume, LiDAR
1,006 m³
Parcel 44064B0411/00Y002, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CASELLI
since 19982.085.431.407
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0411/00Y002 | Flanders | 489 m² | 1 · 149 m² | 11.7 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 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 1,035 companies in sector 47721 we hold annual accounts for 583. 381 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
Founded21-01-1998
Fiscal year end31-03
Activities, NACEBEL 2025
47721Retail sale of footwear
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462404740
Also
9925:BE0462404740
Registered
14-03-2025
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.