Financials
- Financial year
- 2023
- Total assets
- €41,808
- Loss
- -€2,241
- Solvency
- -93.0%
Total assets▼ 5.5%
Net result
20192023
Cask&Friends
ActiveSummary
The computed 12-month bankruptcy probability of Cask&Friends is 9.4% (elevated). For Cask&Friends, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€38,883) and a net result of -€2,241. Equity is shrinking by about 26% per year across the filed financial years. Its solvency ranks better than 9% of 92 sector peers (NACE 11, financial year 2023). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of beer
NACE 11050
1 site
Size
€41,808total assets 2023
- Equity
- -€38,883
- Loss
- -€2,241
Turnover not published (abbreviated format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 9.4%
2023 figures too old to score
Structure
- Largest shareholder
- HORECATHINKERS · 33%
- Board
- 4 members
Accounts 528 days overdue1 of 4 deeds read
Signalsraises riskFigures for financial year 2023 (filed 14-05-2024)2 financial years not filed after the legal deadline; 1 of the last 3 late1 change of registered office in 24 monthsTwo or more financial years not filedlowers riskSector: Manufacture of beverages (NACE 11)neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
0=
equity -93.0% of total assets
Liquidity
3-3
short-term debt 112.1% · cash 2.3%
Profitability
12+12
return on assets -5.4%
Bankruptcy probability, 12 months
9.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.4%
12-2024: 1.4%● unchanged vs 11-2024
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025lowest value
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 2.1%▲ +0.7 percentage points vs 04-2025
06-2025: 2.4%▲ +0.3 percentage points vs 05-2025
07-2025: 3.5%▲ +1.1 percentage points vs 06-2025
08-2025: 3.7%▲ +0.2 percentage points vs 07-2025
09-2025: 4.1%▲ +0.4 percentage points vs 08-2025
10-2025: 5.1%▲ +1.0 percentage point vs 09-2025
11-2025: 5.1%● unchanged vs 10-2025
12-2025: 5.3%▲ +0.2 percentage points vs 11-2025
01-2026: 4.8%▼ -0.5 percentage points vs 12-2025
02-2026: 6.4%▲ +1.6 percentage points vs 01-2026
03-2026: 6.3%▼ -0.1 percentage points vs 02-2026
04-2026: 6.3%● unchanged vs 03-2026
05-2026: 8.2%▲ +1.9 percentage points vs 04-2026
06-2026: 9.4%▲ +1.2 percentage points vs 05-2026highest value
07-2026: 9.4%● unchanged vs 06-2026highest value
08-2026: 9.4%● unchanged vs 07-2026
09-2026: 9.4%● unchanged vs 08-2026
10-2026: 9.4%● unchanged vs 09-2026
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
30-09-2024 year end30-04-2025 deadline10-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 30-04-2024, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
3 days early
2021
52 days late
2020
4 days early
2019
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 21 days after the deadline; the sector median (NACE 11) for financial year 2024 is 2 days before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Resignations: GILLOU, Karel CASTELEIN and 2…Appointments: GILLOU, Karel CASTELEIN and…
- Annual accounts filedfinancial year 2023 · abbreviated…
- Annual accounts filedfinancial year 2022 · abbreviated…
Key points
- Risk: Accounts not fileddeadline was 30-04-2025 528 days late View
- Risk: Negative equityfinancial year 2023: debts exceed assets -€38,883 View
- Risk: 4 loss-making years in a rowloss financial year 2023 -€2,241 View
- Caution: Among the weakest 10% on solvencysector median 22.3% · 92 companies -93.0% View
- New directorslatest change 07-01-2026 · 4 in office 4 joined View
By topic
Board & ownership
- Board
- 4 members
- Largest shareholder
- HORECATHINKERS · 33%
- GILLOUDirector
- HORECATHINKERSDirector
- Karel CASTELEINDirector
- RIVALOR TRANSLATIONSDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 8
- Since
- 2019
- 21-06-2022Annual accounts filed
- 26-04-2021Annual accounts filed
- 30-09-2020Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of beerNACE 11050
- Founded
- 30-03-2017
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 32
- Who signs
- Each director alone
- Annual meeting
- Third Tuesday of March at 19:00
- Purpose
- Ontwikkeling en productie van bieren, wijnen, alcoholhoudende dranken in het algemeen en…
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