Financials
- Fiscal year
- 2024
- Total assets
- €8.6m
- Loss
- -€136,775
- Solvency
- 17.9%
Total assets▲ 6.2%
Net result
20182024
Casimir
ActiveSummary
The computed 12-month bankruptcy probability of Casimir is 10.1% (high). The 2024 annual accounts show equity of €1.5m and a net result of -€136,775. Equity is shrinking by ~23.4% per year across the filed fiscal years. The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known
Size
€8.6mtotal assets 2024
- Equity
- €1.5m
- Loss
- -€136,775
Turnover not published (abridged schema)
Structure
- Holdings
- 1
Accounts 66 d overdue0 of 6 deeds read
Why 30- Liquidity: current ratio 0.72, cash €1,603- Figures for FY 2024 (filed 30-06-2025)- 1 change of registered office in 24 months+ Size: total assets €8.6mShow the evidence
Checked score
Score 2024
30
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 15% of its sector peers (no NACE code, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
43-3
equity 17.9% of total assets
Liquidity
5-2
short-term debt 82.1% · cash 0.0%
Profitability
17+1
return on assets -1.6%
Bankruptcy probability, 12 months
10.1%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.0%lowest value
12-2024: 2.0%● 0.0% vs 11-2024lowest value
01-2025: 2.2%▲ +8.6% vs 12-2024
02-2025: 2.2%● 0.0% vs 01-2025
03-2025: 2.1%▼ -1.1% vs 02-2025
04-2025: 4.1%▲ +91.1% vs 03-2025
05-2025: 4.4%▲ +7.4% vs 04-2025
06-2025: 4.8%▲ +9.3% vs 05-2025
07-2025: 2.7%▼ -43.3% vs 06-2025
08-2025: 2.7%● 0.0% vs 07-2025
09-2025: 2.7%● 0.0% vs 08-2025
10-2025: 2.7%● 0.0% vs 09-2025
11-2025: 2.8%▲ +3.2% vs 10-2025
12-2025: 2.8%● 0.0% vs 11-2025
01-2026: 3.1%▲ +10.0% vs 12-2025
02-2026: 3.1%● 0.0% vs 01-2026
03-2026: 3.1%▼ -1.5% vs 02-2026
04-2026: 3.0%▼ -2.7% vs 03-2026
05-2026: 3.5%▲ +16.4% vs 04-2026
06-2026: 3.8%▲ +9.8% vs 05-2026
07-2026: 3.9%▲ +1.7% vs 06-2026
08-2026: 5.0%▲ +29.3% vs 07-2026
09-2026: 6.1%▲ +21.9% vs 08-2026
10-2026: 10.1%▲ +66.7% vs 09-2026highest value
- Liquidity: current ratio 0.72, cash €1,603 raises the probability
- Figures for FY 2024 (filed 30-06-2025) raises the probability
- Size: total assets €8.6m lowers the probability for this profile
- 1 change of registered office in 24 months raises the probability
Credit up to €45,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.72 against 0.71 in 2023; short-term debt: 82.1% and cash: 0% of total assets), and 82.1% 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 (no NACE code, small). Better than this share of them on solvency 26%, liquidity 8%, profitability 8%, growth against the median 19%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€136,775
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
92 d late
2022
24 d early
2021
12 d early
2020
40 d late
2019
70 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 23 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)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
- Weakest financial yearnet -€154,130
Key points
By topic
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 12
- Since
- 2016
- 30-06-2025Annual accounts filed
- 31-10-2024Annual accounts filed
- 31-12-2023Weakest financial year
Company details
- Legal form
- Private limited company
- Founded
- 29-07-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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