Equity
€140,666 from €502,216 in 2023
Equity fell by 72% in 2 years.
Casmati
Lifetime
5 annual accounts with figures on one time axispeak €548,453 (2025)
€548,453▲ 117%
peak €409,993 (2025)
€409,993▲ 122%
peak €502,216 (2023)
€140,666▼ 56.7%
€540,566▲ 105%
Board1 name since 2020
1 directorDESMET Bruno Tom
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €252,167 to €548,453Result from €184,677 to €409,993Dividend €594,407Equity from €325,080 to €140,666Debts from €264,303 to €540,566Cash from €310,856 to €217,482
Key points
from the 2025 annual accountsResult
€409,993 ▲ 122%
The result rose in 2025 from €184,677 to €409,993.
Turnover
≈ €780,000 estimated
The micro format states no turnover.
Debts
€540,566 ▲ 105%
Debts rose by €276,263 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Filings
5 annual accounts 2 late
The 2022 accounts came latest: 29 days after the end of the period.
Position in the sector
€409,993
Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
Checked score
92
Excellent
Financially stronger than 37% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €681,232
Liquidity: current ratio 1.26, cash €217,482
Figures for financial year 2025 (filed on 28-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 24% of them on solvency, 27% on liquidity, 84% on profitability and 11% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,684 companies had the same profile as Casmati has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Casmati itself is lower: < 0.1% within 12 months. It rests on far more data about Casmati than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,684 companies, not a prediction for Casmati. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (2.17 in 2024), below the usual 1.5. Short-term debt is 79.3% and cash 31.9% of total assets. 79.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 39364 sector peers (2025).
NBB · sector comparisonPosition among 39364 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
26 days late
2024
3 days early
2023
on the day
2022
29 days late
2021
13 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 8 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0743439672
Incorporation
Founding capital of €5,000, 100 shares · Founder: DESMET Bruno Tom (shareholder) · Appointment: DESMET Bruno Tom (director) · published on 11-02-2020 · Gazette deed
2 establishments registered
Avelgem and Mont-de-l'Enclus
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Casmati Avelgem | €681,232 | €548,453 | 20.6% | - |
| TeamChefs Menen | €608,601 | €481,177 | -37.1% | 13.9 |
| KL MOTUM Diksmuide | €743,823 | €505,988 | 98.8% | - |
| Spinola Waregem | €766,054 | €474,646 | 1.3% | - |
| AD Pharma Consult Kampenhout | €641,701 | €565,866 | 66.7% | - |
| REMUS Antwerp | €753,863 | €550,328 | 0.0% | - |
| FINSERCO Bierbeek | €627,958 | €569,075 | 0.2% | - |
These companies have the same main activity as Casmati: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €609,000 and €766,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 07-02-2020Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment units
- 2.299.164.4728580 Avelgem, since 07-02-2020
- 2.300.417.9507750 Mont-de-l'Enclus, since 07-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 21-12-2025
Insights on Casmati
Casmati files the micro format. That format states no turnover. The gross margin rose from €317,172 in 2021 to €548,453 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Casmati
- What is the company number of Casmati?
- The company number of Casmati is 0743.439.672. The VAT number is the same number with BE in front: BE 0743.439.672.
- Where is Casmati based?
- The registered office is at Ruggekouterweg 15, 8580 Avelgem.Company details
- What does Casmati do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Casmati?
- Casmati is a private limited company (BV).
- When was Casmati founded?
- Casmati was founded on 07-02-2020.
- Is Casmati still active?
- Yes, Casmati is an active enterprise in the KBO register.
- What is the turnover of Casmati?
- The turnover in financial year 2025 is ≈ €780,000. This figure is estimated from the gross margin of €548,453 and 95 comparable companies (NACE 70200). It probably lies between €650,000 and €1.4m.Financials
- Is Casmati profitable?
- In financial year 2025, Casmati made a profit of €409,993.
- Where can I find the annual accounts of Casmati?
- Casmati filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Casmati due?
- Casmati must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.