CASIM
Bankruptcy closedSummary
CASIM was declared bankrupt on 30-01-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 04-11-2025, published in the Belgian State Gazette on 12-11-2025. The 2021 annual accounts show equity of €212,561 and a net result of -€10,846.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 13-05-2022, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
79 d early
2020
113 d early
2019
112 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 101 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Limited-service restaurants, excluding mobile food services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Turnover
€1.5m▲ 4.8%
2020 · €1.5m
EBIT margin
-0.2%▼ 3.8pp
2020 · 3.5%
Net result
-€10,846
2020 · €40,845
Working capital
€44,163▲ 125%
2020 · €19,653
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€1.5m-€1.4m▼ 2.8%€1.5m▲ 1.1%€1.5m▲ 4.8%
Operating result€21,099-€14,861▼ 29.6%€51,378▲ 246%-€3,701
Net result-€5,837--€676▲ 88.4%€40,845above the sector's middle half-€10,846below the sector's middle half
EBIT margin1.4%-1.0%▼ 0.4pp3.5%▲ 2.5pp-0.2%▼ 3.8pp
Equity€183,238-€182,562▼ 0.4%€223,407above the sector's middle half▲ 22.4%€212,561within the sector's middle half▼ 4.9%
Total assets€438,957-€418,124▼ 4.7%€404,543within the sector's middle half▼ 3.2%€315,152within the sector's middle half▼ 22.1%
Debt€255,719-€235,562▼ 7.9%€181,136▼ 23.1%€102,591▼ 43.4%
Working capital€32,694-€551▼ 98.3%€19,653within the sector's middle half▲ 3,467%€44,163within the sector's middle half▲ 125%
Solvency41.7%-43.7%▲ 1.9pp55.2%above the sector's middle half▲ 11.6pp67.4%above the sector's middle half▲ 12.2pp
Current ratio1.34-1.00▼ 0.331.19within the sector's middle half▲ 0.191.72within the sector's middle half▲ 0.52
Return on assets (ROA)-1.3%--0.2%▲ 1.2pp10.1%above the sector's middle half▲ 10.3pp-3.4%below the sector's middle half▼ 13.5pp
Staff (FTE)4-5▲ 25.0%5within the sector's middle half=1below the sector's middle half▼ 80.0%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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 turns negative in 2021: a loss of €3,701 after €51,378 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €315,152
Fixed assets
€209,514 ▼ 26.2%
Current assets
€105,638 ▼ 12.5%
Equity and liabilities €315,152
Equity
€212,561 ▼ 4.9%
Debt
€102,591 ▼ 43.4%
Debt's share of the balance-sheet total falls from 44.8% to 32.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€44,966▼
2020 · €84,632
Cash flow
€37,821▼
2020 · €74,099
Debt to equity
0.48▲
2020 · 0.36
ROE
-5.1%▼
2020 · 18.3%
Interest coverage
7.17
Debt ≤ 1 year
€61,475▼
2020 · €101,133
Debt > 1 year
€41,116▼
2020 · €80,003
Income taxes
€875▼
2020 · €1,314
Staff costs
€19,045
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €1.5m | €1.4m | €1.5m | €1.5m | ▲ 4.8% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1.5m | - |
| Remuneration, social security and pensions62 | - | - | - | €19,045 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,723 | €32,277 | €33,254 | €48,667 | ▲ 46.3% |
| Other operating charges640/8 | - | - | - | €4,634 | - |
| Gross operating margin9900 | €141,159 | €109,542 | €127,541 | €68,645 | ▼ 46.2% |
| Operating profit (loss)9901 | €21,099 | €14,861 | €51,378 | -€3,701 | ▼ 107% |
| Recurring financial income75 | €32 | - | €27 | - | - |
| Financial charges65/66B | - | - | - | €6,270 | - |
| Recurring financial charges65 | €12,681 | €11,951 | €9,246 | €6,270 | ▼ 32.2% |
| Profit (loss) for the period before taxes9903 | €8,450 | €2,910 | €42,159 | -€9,971 | ▼ 124% |
| Income taxes67/77 | €14,287 | €3,586 | €1,314 | €875 | ▼ 33.4% |
| Profit (loss) for the period9904 | -€5,837 | -€676 | €40,845 | -€10,846 | ▼ 127% |
| Profit (loss) for the period to be appropriated9905 | -€5,837 | -€676 | €40,845 | -€10,846 | ▼ 127% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €438,957 | €418,124 | €404,543 | €315,152 | ▼ 22.1% |
| Fixed assets21/28 | €309,199 | €284,692 | €283,757 | €209,514 | ▼ 26.2% |
| Tangible fixed assets22/27 | €293,279 | €268,772 | €267,837 | €209,514 | ▼ 21.8% |
| Plant, machinery and equipment23 | - | - | - | €209,514 | - |
| Financial fixed assets28 | €15,920 | €15,920 | €15,920 | - | - |
| Current assets29/58 | €129,758 | €133,432 | €120,786 | €105,638 | ▼ 12.5% |
| Amounts receivable after more than one year29 | - | - | - | €15,920 | - |
| Trade receivables290 | - | - | - | €15,920 | - |
| Stocks and contracts in progress3 | €43,396 | €43,637 | €52,315 | - | - |
| Amounts receivable within one year40/41 | €17,011 | €16,755 | €16,755 | €20,215 | ▲ 20.7% |
| Trade receivables40 | - | - | - | €20,215 | - |
| Current investments50/53 | €25,036 | €25,398 | €20,027 | €20,027 | = |
| Cash at bank and in hand54/58 | €9,401 | €9,405 | €4,057 | €43,489 | ▲ 972% |
| Deferred charges and accrued income490/1 | - | - | - | €5,987 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €438,957 | €418,124 | €404,543 | €315,152 | ▼ 22.1% |
| Equity10/15 | €183,238 | €182,562 | €223,407 | €212,561 | ▼ 4.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Reserves13 | €169,787 | €169,787 | €204,787 | €204,787 | = |
| Distributable reserves133 | - | - | - | €204,787 | - |
| Profit (loss) carried forward14 | -€5,149 | -€5,825 | €20 | -€10,826 | ▼ 54,230% |
| Amounts payable17/49 | €255,719 | €235,562 | €181,136 | €102,591 | ▼ 43.4% |
| Amounts payable after more than one year17 | €158,655 | €94,465 | €80,003 | €41,116 | ▼ 48.6% |
| Financial debts170/4 | - | - | - | €41,116 | - |
| Amounts payable within one year42/48 | €97,064 | €132,881 | €101,133 | €61,475 | ▼ 39.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €20,696 | - |
| Financial debts43 | - | - | - | €80 | - |
| Other loans439 | - | - | - | €80 | - |
| Trade debts44 | €63,539 | €76,261 | €71,604 | €39,042 | ▼ 45.5% |
| Suppliers440/4 | - | - | - | €39,042 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,657 | - |
| Taxes450/3 | - | - | - | €895 | - |
| Remuneration and social security454/9 | - | - | - | €762 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,837 | -€676 | €40,845 | -€10,846 | ▼ 127% |
| + Depreciation and write-downs630 | €30,723 | €32,277 | €33,254 | €48,667 | ▲ 46.3% |
| Operating cash flow (approximation) | €24,886 | €31,601 | €74,099 | €37,821 | ▼ 49.0% |
| Investment in fixed assets (approximation) | - | -€7,770 | -€32,319 | €25,576 | ▲ 179% |
| Change in cash | - | €4 | -€5,348 | €39,432 | ▲ 837% |
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
2025
12-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · event 04-11-2025
2024
05-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 30-01-2024
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€10,846
Net result drops to -€10,846, the lowest in the series.
09-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €40,845
Net result €40,845 after 2 loss-making years.
31-12
Financial
Equity above €200,000Eq €223,407 ▲22.4%
Equity rises from €182,562 to €223,407.
10-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Show earlier events
2015
18-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
24-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
11-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated 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.
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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, Halle · 1 establishment unit since 2017
Ground area
408 m²
Building footprint
258 m²
Volume, LiDAR
1,947 m³
2 parcels, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Cremerie Joy
since 20172.269.690.825
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23027G0685/00A000 | Flanders | 211 m² | 1 · 159 m² | 10.2 m · 2 fl. |
| 23027G0356/00B000 | Flanders | 197 m² | 1 · 99 m² | 15.0 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BERT DEHANDSCHUTTER EDMOND TOLLENAERE-
STRAAT 56-76 B23, 1020 BRUSSEL 2- bert.dehandschutter@modo-
law.be |
30-01-2024 → 04-11-2025 |
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Of 21,835 companies in sector 56112 we hold annual accounts for 9,777. 6,542 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)
Founded07-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
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.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.