Caseus Consulting
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 13-04-2026 PDF all 3 filings
Every figure per financial year
The operating result for 2025 is 1% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|
| Tangible fixed assets | - | - | €4,100 |
| Depreciation and write-downs of the year | - | - | €842 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €842 | - |
| Other operating charges640/8 | - | €310 | €1,340 | ▲ 332% |
| Gross operating margin9900 | €28,131 | €43,035 | €44,627 | ▲ 3.7% |
| Operating profit (loss)9901 | €28,131 | €42,725 | €42,446 | ▼ 0.7% |
| Financial income75/76B | - | - | €4 | - |
| Recurring financial income75 | - | - | €4 | - |
| Financial charges65/66B | €6 | €121 | €893 | ▲ 637% |
| Recurring financial charges65 | €6 | €121 | €893 | ▲ 637% |
| Profit (loss) for the period before taxes9903 | €28,125 | €42,604 | €41,556 | ▼ 2.5% |
| Income taxes67/77 | €1,075 | €8,729 | €8,702 | ▼ 0.3% |
| Profit (loss) for the period9904 | €27,050 | €33,875 | €32,854 | ▼ 3.0% |
| Profit (loss) for the period to be appropriated9905 | €27,050 | €33,875 | €32,854 | ▼ 3.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €32,744 | €66,411 | €69,104 | ▲ 4.1% |
| Fixed assets21/28 | - | - | €3,258 | - |
| Tangible fixed assets22/27 | - | - | €3,258 | - |
| Furniture and vehicles24 | - | - | €3,258 | - |
| Current assets29/58 | €32,744 | €66,411 | €65,846 | ▼ 0.9% |
| Amounts receivable within one year40/41 | €7,524 | - | €9,500 | - |
| Trade receivables40 | €7,524 | - | €9,500 | - |
| Cash at bank and in hand54/58 | €25,220 | €66,234 | €56,312 | ▼ 15.0% |
| Deferred charges and accrued income490/1 | - | €177 | €34 | ▼ 80.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €32,744 | €66,411 | €69,104 | ▲ 4.1% |
| Equity10/15 | €6,300 | €11,175 | €44,029 | ▲ 294% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €4,300 | €9,175 | €42,029 | ▲ 358% |
| Amounts payable17/49 | €26,444 | €55,236 | €25,076 | ▼ 54.6% |
| Amounts payable within one year42/48 | €26,444 | €55,236 | €25,076 | ▼ 54.6% |
| Trade debts44 | €1,979 | - | €108 | - |
| Suppliers440/4 | €1,979 | - | €108 | - |
| Taxes, remuneration and social security45 | €1,715 | €25,326 | €21,406 | ▼ 15.5% |
| Taxes450/3 | €1,075 | €20,819 | €19,135 | ▼ 8.1% |
| Remuneration and social security454/9 | €640 | €4,507 | €2,271 | ▼ 49.6% |
| Other amounts payable47/48 | €22,750 | €29,910 | €3,561 | ▼ 88.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,050 | €33,875 | €32,854 | ▼ 3.0% |
| + Depreciation and write-downs630 | - | - | €842 | - |
| Operating cash flow (approximation) | €27,050 | €33,875 | €33,696 | ▼ 0.5% |
| Change in cash | - | €41,014 | -€9,922 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Caseus Consulting has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Caseus Consulting itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Caseus Consulting. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.