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CASMATH SRL

Active
Private limited company·Detailhandel in tabaksproducten· 3 yrs active
Rue Trieux(M) 1 ·7942 Brugelette, Belgium
KBO/BCE: BE 0795.841.745
Watch Print / PDF
Belgian State Gazette acts: 0 of 2 read
Age3 yrs
Board2
Real estate2 parcels · 537 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of CASMATH SRL is 2.6% (moderate). The 2024 annual accounts show equity of €17k and a net result of €5k. Its solvency ranks better than 62% of 6720 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 28-07-2025 3 d early 2025-00316286
31-12-2023 31-07-2024 08-10-2024 69 d late 2024-00505589

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€5k-54.9%
Working capital€7k+82.5%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 28-07-2025 with the NBB · fiscal year 2024 · micro
€0€5k€10k€15kOperating result 2023: €17k€17kNet result 2023: €10k€10kOperating result 2024: €10k€10kNet result 2024: €5k€5k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 32.2% 20.4%
better than 62% of 6720 sector peers
Net result €5k €4k
better than 52% of 6701 sector peers
Equity €17k €16k
better than 51% of 6735 sector peers
Gross operating margin €152k €24k
better than 90% of 6680 sector peers
Staff costs €126k €33k
higher than 88% of 3047 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€17k
-23.9% 23-24
Net profit
€5k
-54.9% 23-24
Cash flow
€12k
-25.8% 23-24
Total assets
€52k
-9.5% 23-24
Equity
€17k
+28.5% 23-24
Working capital
€7k
+82.5% 23-24
Employees (FTE)
4
-43.5% 23-24
Staff costs
€126k
+7.4% 23-24
Show 12 other metrics
Income taxes
€3k
-21.0% 23-24
Dividends
€833
- 23-24
Debt
€36k
-20.6% 23-24
Debt ≤ 1y
€22k
-6.4% 23-24
Debt > 1y
€13k
-40.2% 23-24
Current ratio
1.32
+13.5% 23-24
Quick ratio
1.32
+13.5% 23-24
Solvency
32.2%
+41.9% 23-24
Debt / equity
2.11
-38.2% 23-24
ROE
27.1%
-64.9% 23-24
ROA
8.7%
-50.1% 23-24
Interest coverage
6.50
-6.8% 23-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€17k
Net profit€5k
Cash flow€12k
Staff costs€126k
Income taxes€3k
Dividends€833
Total assets€52k
Equity€17k
Debt€36k
of which ≤ 1y€22k
of which > 1y€13k
Working capital€7k
Employees (FTE)3.5
Ratios (computed)
2024
Current ratio1.32
Quick ratio1.32
Working capital ratio13.6%
Solvency32.2%
Debt / equity2.11
Long-term debt ratio0.75
Interest coverage6.50
Gross margin-
Net margin-
ROA8.7%
ROE27.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€52k
Fixed assets 21/28€23k
Tangible fixed assets 22/27€23k
Current assets 29/58€29k
Amounts receivable within one year 40/41€16k
Cash & bank 54/58€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€52k
Equity 10/15€17k
Contributions / capital 10/11€3k
Reserves 13€4k
Accumulated profits (losses) 14€10k
Amounts payable 17/49€36k
Amounts payable after one year 17€13k
Amounts payable within one year 42/48€22k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€152k
Operating result 9901€10k
Financial income 75€0
Financial charges 65€3k
Result before taxes 9903€7k
Income taxes 67/77€3k
Net result for the period 9904€5k
Result to be appropriated 9905€5k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
78 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
  • Mathieu Casteele
    Director
    State Gazette act 23019113 (08-02-2023)
    Current
    08-02-2023 → present
  • Casteele François
    Director
    State Gazette act 23019113 (08-02-2023)
    Current
    30-01-2023 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Detailhandel in tabaksproducten(47260)
Legal form Private limited company(610)
Incorporation06-01-2023
StatusActive
Postal code7942

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Trieux(M) 17942 Brugelette

Establishment units

1 location
Press-Shop Tournai
Rue Royale(TOU) 63, 7500 TournaiDetailhandel in dranken, algemeen assortiment
since 20232.340.937.226
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area537 m²
Buildings2
Building footprint185 m²
Volume (LiDAR)2,197 m³
Tallest building20.1 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
51043A0137/00B000 Wallonia 372 m² 1 · 71 m² 6.6 m · 1 fl.
57462D0531/00K000 Wallonia 165 m² 1 · 114 m² 20.1 m · 6 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 3 years ago
2023
08-02-2023 2 directors appointed Director changes
  • Casteele François, Bestuurder
  • Mathieu Casteele, Bestuurder

Analysis

Financial profile

5 of 5 axes measured
Health78Profitability100Solvency58Growth52Stability94
76 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 78
Profitability 100
Solvency 58
Growth 52
Stability 94

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 68 of the 415 companies in this sector. 56 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Detailhandel in tabaksproducten in gespecialiseerde winkels47260Detailhandel in tabaksproducten47260Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels47620Detailhandel in kranten en andere tijdschriften47621Detailhandel in dranken in gespecialiseerde winkels, algemeen assortiment47252Detailhandel in dranken, algemeen assortiment47252Detailhandel in andere huishoudelijke artikelen, neg47559Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.47599Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels47620Detailhandel in kranten en andere tijdschriften47621Overige posterijen en koeriers53200Overige posterijen en koeriers53200Loterijen en kansspelen92000Activiteiten van loterijen en kansspelen92000
Primary activity highlighted.
Names & trade names
Legal nameFR CASMATH SRL
Registered office
Rue Trieux(M) 1
7942 Brugelette, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.