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CASHCOPS

Active
Public limited companyfounded 199828 yrs activeJubelfeestlaan 71, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0463.720.079
Summary

The computed 12-month bankruptcy probability of CASHCOPS is 3.7% (moderate). The 2024 annual accounts show negative equity (-€8,882) and a net result of -€1,502. Equity is shrinking by ~50% per year across the filed fiscal years. The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Seven 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 2024
Age of the figures
Age of the figures
21 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 28 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
181920212324
2018 to 2024 · latest year -€8,882
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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
54 d late
2023
30 d late
2021
31 d late
2020
44 d late
2019
91 d late
2018
84 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 56 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 7 July 1998, CASHCOPS was incorporated.1 Total assets went from EUR 233,040 in 2018 to EUR 1,280 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2024, micro schema

Equity
-€8,882▼ 20.4%
2023 · -€7,380
Total assets
€591▼ 53.9%
2023 · €1,280
Net result
-€1,502
2023 · €438
Working capital
-€8,882▼ 20.4%
2023 · -€7,380
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120232024
Operating result€66,261-€7,676-€4,308▲ 43.9%€776--€1,083
Net result€64,046-€8,069-€6,603▲ 18.2%€438--€1,502
Equity€20,773€12,704▼ 38.8%€6,101▼ 52.0%-€7,380--€8,882▼ 20.4%
Total assets€32,655▼ 86.0%€12,704▼ 61.1%€9,011▼ 29.1%€1,280-€591▼ 53.9%
Debt€11,882▼ 95.7%€2,909€8,660-€9,473▲ 9.4%
Working capital€20,773€6,101-€7,380--€8,882▼ 20.4%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2019: €66,261€66,261Net result 2019: €64,046€64,046Operating result 2020: -€7,676-€7,676Net result 2020: -€8,069-€8,069Operating result 2021: -€4,308-€4,308Net result 2021: -€6,603-€6,603Operating result 2023: €776€776Net result 2023: €438€438Operating result 2024: -€1,083-€1,083Net result 2024: -€1,502-€1,50220192020202120232024-€8,000-€6,000-€4,000-€2,000€0Operating result 2021: -€4,308-€4,310Net result 2021: -€6,603-€6,600Operating result 2023: €776€776Net result 2023: €438€438Operating result 2024: -€1,083-€1,080Net result 2024: -€1,502-€1,500202120232024
The operating result turns negative in 2024: a loss of €1,083 after €776 in 2023.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€9,473▲
2023 · €8,660
Ratios withheld: a balance sheet total of €591 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.5% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.7% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

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 6,621 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 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€1,280€591▼
Current assets29/58€1,280€591▼
Cash at bank and in hand54/58€1,280€591▼
Equity and liabilities
Total equity and liabilities10/49€1,280€591▼
Equity10/15-€7,380-€8,882▼
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Reserves13€6,200€6,200=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Profit (loss) carried forward14-€75,553-€77,056▼
Amounts payable17/49€8,660€9,473▲
Amounts payable within one year42/48€8,660€9,473▲
Trade debts44€348€1,128▲
Suppliers440/4€348€1,128▲
Other amounts payable47/48€8,313€8,345▲
Income statement Code20232024
Other operating charges640/8€348€387▲
Gross operating margin9900€1,123-€696▼
Operating profit (loss)9901€776-€1,083▼
Financial charges65/66B€338€419▲
Recurring financial charges65€338€419▲
Profit (loss) for the period before taxes9903€438-€1,502▼
Profit (loss) for the period9904€438-€1,502▼
Profit (loss) for the period to be appropriated9905€438-€1,502▼
Appropriation of the result
Profit (loss) to be appropriated9906-€75,553-€77,056▼
Profit (loss) brought forward from the previous period14P-€75,992-€75,553▲
Line20192020202120232024Change
Other operating charges640/8--€766€348€387▲ 11.5%
Gross operating margin9900€82,053-€6,855-€3,541€1,123-€696▼ 162%
Operating profit (loss)9901€66,261-€7,676-€4,308€776-€1,083▼ 240%
Financial charges65/66B--€2,295€338€419▲ 24.2%
Recurring financial charges65€2,215€393€2,295€338€419▲ 24.2%
Profit (loss) for the period before taxes9903€64,046-€8,069-€6,603€438-€1,502▼ 443%
Profit (loss) for the period9904€64,046-€8,069-€6,603€438-€1,502▼ 443%
Profit (loss) for the period to be appropriated9905€64,046-€8,069-€6,603€438-€1,502▼ 443%
Line20192020202120232024Change
Assets
Total assets20/58€32,655€12,704€9,011€1,280€591▼ 53.9%
Current assets29/58€32,655€12,704€9,011€1,280€591▼ 53.9%
Amounts receivable within one year40/41€32,057€9,906€7,793---
Other amounts receivable41--€7,793---
Cash at bank and in hand54/58€598€2,798€1,218€1,280€591▼ 53.9%
Equity and liabilities
Total equity and liabilities10/49€32,655€12,704€9,011€1,280€591▼ 53.9%
Equity10/15€20,773€12,704€6,101-€7,380-€8,882▼ 20.4%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10--€61,973€61,973€61,973=
Issued capital100--€61,973€61,973€61,973=
Reserves13€6,200€6,200€6,200€6,200€6,200=
Non-distributable reserves130/1--€6,200€6,200€6,200=
Legal reserve130--€6,200€6,200€6,200=
Profit (loss) carried forward14-€47,400-€55,469-€62,072-€75,553-€77,056▼ 2.0%
Amounts payable17/49€11,882-€2,909€8,660€9,473▲ 9.4%
Amounts payable within one year42/48€11,882-€2,909€8,660€9,473▲ 9.4%
Trade debts44€10,798-€1,557€348€1,128▲ 225%
Suppliers440/4--€1,557€348€1,128▲ 225%
Other amounts payable47/48--€1,353€8,313€8,345▲ 0.4%
Line20192020202120232024Change
Profit (loss) for the period9904€64,046-€8,069-€6,603€438-€1,502▼ 443%
Operating cash flow (approximation)€64,046-€8,069-€6,603€438-€1,502▼ 443%
Change in cash-€2,200-€1,580--€690-

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
23-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Back to profitnet €438
Net result €438 after 2 loss-making years.
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
13-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Back to profitnet €64,046
Net result €64,046 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 2.75
Current ratio from 0.83 to 2.75; short-term debt falls from €255,996 to €11,882.
23-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 84 days late
2018
07-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 129 days late
02-03
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 214 days late
2017
03-01
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 156 days late
2016
08-02
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 192 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 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
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
2,359 m²
Building footprint
1,158 m²
Volume, LiDAR
11,074 m³
2 parcels, Brussels, Flanders · tallest building 30.4 m, ±9 floors. Linked by address, not a title deed.
21 companies at this address See who is registered here
1 establishment unit
CASH CONVERTERS
Paul Gilsonlaan 446, 1620 DrogenbosNACE 5244202
since 19992.087.673.194
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22001B0044/00N004 Flanders 2,117 m² 1 · 966 m² 10.1 m · 3 fl.
21012A0054/00X002 Brussels 242 m² 1 · 191 m² 30.4 m · 9 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPublic limited company
Founded07-07-1998
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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

Register as of 30 September 2026 · Peppol Directory

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