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CASPERO DESIGN

Active1 interim measure
Private limited companyfounded 20214 years activeHeidelbergstraat 49, 8210 Zedelgem, BelgiumKBO/BCE: BE 0775.553.996
Summary

The file of CASPERO DESIGN contains 1 interim measure, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 8.1% (elevated). The 2024 annual accounts show negative equity (-€649,122) and a net result of -€385,154. Equity is shrinking by ~127.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 1,223 sector peers (NACE 25, fiscal year 2024).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Joinery installation NACE 43320
1 site
Size
€1.6mtotal assets 2024
Staff
3.2 FTE
Equity
-€649,122
Loss
-€385,154
Turnover not published (abridged schema)
Financial health
31 Weak Checked score 2024
Bankruptcy probability, 12 months
8.1%
Structure
Board
1 member
Accounts 68 days overdue2 of 4 deeds read
Why 31- 1 financial year not filed after the legal deadline; latest accounts 141 days late; 3 of the last 3 late- Figures for FY 2024 (filed 22-12-2025)- Loss of €385,154, the second in a row (FY 2024)- 1 warning signal in 24 months (interim administration 1)Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 12% of its sector peers (NACE 25, micro)
Financial strength · tick = 2023
Weak
Solvency 0-7
equity -39.8% of total assets
Liquidity 48+48
short-term debt 16.0% · cash 1.2%
Profitability 0=
return on assets -23.6%
Bankruptcy probability, 12 months
8.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,693 companies)
Last 24 months 11-2024: 9.5% 12-2024: 9.5%● unchanged vs 11-2024 01-2025: 9.5%● unchanged vs 12-2024 02-2025: 9.5%● unchanged vs 01-2025 03-2025: 9.4%▼ -0.1 percentage points vs 02-2025 04-2025: 10.5%▲ +1.1 percentage points vs 03-2025 05-2025: 10.5%● unchanged vs 04-2025 06-2025: 10.2%▼ -0.3 percentage points vs 05-2025 07-2025: 10.3%▲ +0.1 percentage points vs 06-2025 08-2025: 10.8%▲ +0.5 percentage points vs 07-2025 09-2025: 10.9%▲ +0.1 percentage points vs 08-2025 10-2025: 14.2%▲ +3.3 percentage points vs 09-2025 11-2025: 14.3%▲ +0.1 percentage points vs 10-2025 12-2025: 14.9%▲ +0.6 percentage points vs 11-2025highest value 01-2026: 9.2%▼ -5.7 percentage points vs 12-2025 02-2026: 9.2%● unchanged vs 01-2026 03-2026: 9.3%▲ +0.1 percentage points vs 02-2026 04-2026: 10.6%▲ +1.3 percentage points vs 03-2026 05-2026: 10.2%▼ -0.4 percentage points vs 04-2026 06-2026: 10.3%▲ +0.1 percentage points vs 05-2026 07-2026: 10.4%▲ +0.1 percentage points vs 06-2026 08-2026: 6.4%▼ -4.0 percentage points vs 07-2026lowest value 09-2026: 6.6%▲ +0.2 percentage points vs 08-2026 10-2026: 8.1%▲ +1.5 percentage points vs 09-2026
No credit on open account
Liquidity ample (current ratio 5.5 against 0.86 in 2023; short-term debt: 16% and cash: 1.2% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, micro): better than 3% on solvency, 39% on liquidity, 4% on profitability and 2% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 141 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for FY 2024 (filed 22-12-2025)
NBB · annual accounts
raises risk · Loss of €385,154, the second in a row (FY 2024)
NBB · annual accounts
raises risk · 1 warning signal in 24 months (interim administration 1)
Belgian State Gazette
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€649,122
raises risk · Interim administration
1 publication(s) on interim administration in the Belgisch Staatsblad. An early signal, not a finding of bankruptcy.
Belgian State Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-12-2025, 141 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
141 days late
2023
82 days late
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 85 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointment: Nancy CALLEWAERT (non-statutory director)Resignation: Toon MOERMAN (voorlopig bewindvoerder)…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Resignations & appointmentsCourt decision

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€649,122 View
  • Caution: Equity fell in 2024from -€263,968 to -€649,122 ▼ 146% View
  • Caution: Among the weakest 5% on solvencysector median 46.9% · 1,223 companies -39.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Caution: Board changedlatest change 01-01-2026 · 1 in office 1 joined · 1 left View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€385,154 View

By topic

Financials

Fiscal year
2024
Total assets
€1.6m
Loss
-€385,154
Solvency
-39.8%
Total assets▲ 12.2%
Net result
20222024
Go to Financials

Timeline

Events
8
Since
2023
  1. 02-12-2025Provisional administrator
  2. 31-12-2024Weakest financial year
  3. 31-12-2024Liquidity times 6
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
11-10-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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