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CASIMAX

Active
Private limited companyfounded 201016 yrs activeOostendse Steenweg 320, 8000 Brugge, BelgiumKBO/BCE: BE 0822.877.328
Summary

CASIMAX has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €431,680 and a net result of €8,150. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 9986 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
CASIMAXActiveChecked score 84/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
€1.5mtotal assets 2025
Equity
€431,680
Profit
€8,150
Turnover not published (abridged schema)
Financial health
84 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Parent
van Steenberge Invest · 100%
Auditor: Moore AuditAccounts filed 45 d late2 of 8 deeds read
Why 84- Latest accounts 45 days late; 2 of the last 3 late- Liquidity: current ratio 2.01, cash €33,046+ Size: total assets €1.5m+ Founded in 2010Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Better than 45% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 53+4
equity 28.0% of total assets
Liquidity 44+2
short-term debt 24.0% · cash 2.1%
Profitability 53+41
return on assets 0.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (26,360 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%▼ -0.5% vs 12-2024lowest value 02-2025: 0.2%▲ +2.6% vs 01-2025 03-2025: 0.2%▲ +3.5% vs 02-2025 04-2025: 0.2%▲ +0.5% vs 03-2025 05-2025: 0.2%▲ +1.0% vs 04-2025 06-2025: 0.2%▲ +15.2% vs 05-2025 07-2025: 0.3%▲ +43.8% vs 06-2025 08-2025: 0.5%▲ +50.0% vs 07-2025 09-2025: 0.6%▲ +21.5% vs 08-2025 10-2025: 0.9%▲ +44.2% vs 09-2025 11-2025: 0.8%▼ -7.5% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%▼ -0.6% vs 12-2025 02-2026: 0.9%▲ +1.7% vs 01-2026 03-2026: 0.9%▲ +2.2% vs 02-2026 04-2026: 0.9%▲ +0.2% vs 03-2026 05-2026: 0.8%▼ -9.0% vs 04-2026 06-2026: 0.8%▲ +5.7% vs 05-2026 07-2026: 0.9%▲ +10.2% vs 06-2026 08-2026: 1.5%▲ +58.1% vs 07-2026 09-2026: 1.6%▲ +9.5% vs 08-2026highest value 10-2026: 0.3%▼ -79.7% vs 09-2026
  • Latest accounts 45 days late; 2 of the last 3 late raises the probability
  • Size: total assets €1.5m lowers the probability for this profile
  • Liquidity: current ratio 2.01, cash €33,046 raises the probability
  • Founded in 2010 lowers the probability for this profile
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 2.01 against 2.12 in 2024; short-term debt: 24% and cash: 2.1% of total assets), but 72% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 47%, liquidity 38%, profitability 44%, growth against the median 52%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 45 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €1.5m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.01, cash €33,046
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2010
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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
45 d late
2024
66 d late
2023
15 d late
2022
31 d late
2021
30 d early
2020
30 d early
2019
31 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 9 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Capital & sharesCapital increase · Shareholding ·…
  3. Appointment: Moore Audit BV (statutory auditor)Permanent representative: Wendy Van der…

Key points

  • Positive: Back in profit in 2025after -€102,571 in 2024 €8,150 View
  • Controlled by van Steenberge Invest 100% View
  • Total assets 20256 fiscal years filed €1.5m View

By topic

Financials

Fiscal year
2025
Total assets
€1.5m
Profit
€8,150
Solvency
28.0%
Total assets▼ 13.6%
Net result
20182025
Go to Financials

Timeline

Events
18
Since
2017
Next accounts
by 31-07-2027
  1. 14-09-2026Annual accounts filed
  2. 27-07-2026Capital & shares
  3. 27-03-2026Appointment: Moore Audit BV (statutory auditor)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
28-01-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

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