CASPRO
ActiveSummary
CASPRO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.16M and a net result of €335k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 70% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+5
Solvency85▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 3.26 against 2.05 in 2023; short-term debt: 29.2% and cash: 1.3% of total assets), and 40% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
60%
Return on assets
17.3%
Age of the figures
21 mo
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 13-05-2025, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
79 d early
2023
61 d early
2022
66 d early
2021
19 d early
2020
67 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2024, abbreviated schema
Equity
€1.16M▲ 40.7%
2023 · €823k
Total assets
€1.93M▼ 5.8%
2023 · €2.05M
Net result
€335k▲ 29.6%
2023 · €258k
Working capital
€1.28M▲ 29.8%
2023 · €983k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€69k▼ 45.0%€202k▲ 195%€142k▼ 29.7%€377k▲ 165%€512k▲ 35.7%
Net result€51k▼ 41.4%€138k▲ 167%€82k▼ 40.0%€258k▲ 213%€335k▲ 29.6%
Equity€600k▲ 9.2%€737k▲ 22.9%€820k▲ 11.2%€823k▲ 0.4%€1.16M▲ 40.7%
Total assets€956k▲ 24.3%€1.66M▲ 73.1%€2.08M▲ 25.4%€2.05M▼ 1.4%€1.93M▼ 5.8%
Debt€356k▲ 61.9%€918k▲ 158%€1.26M▲ 36.8%€1.22M▼ 2.5%€772k▼ 37.0%
Working capital€549k▲ 8.2%€1.30M▲ 136%€1.33M▲ 2.8%€983k▼ 26.2%€1.28M▲ 29.8%
Staff (FTE)6.1▲ 45.2%5.8▼ 4.9%6.9▲ 19.0%5.9▼ 14.5%5.4▼ 8.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 36% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.93M
Fixed assets
€89k ▼ 32.3%
Current assets
€1.84M ▼ 3.9%
Equity and liabilities €1.93M
Equity
€1.16M ▲ 40.7%
Debt
€772k ▼ 37.0%
Debt's share of the balance-sheet total falls from 59.8% to 40.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€559k▲
2023 · €431k
Cash flow
€382k▲
2023 · €312k
Current ratio
3.26▲
2023 · 2.05
Quick ratio
2.38▲
2023 · 1.33
Debt to equity
0.67▼
2023 · 1.49
ROE
28.9%▼
2023 · 31.4%
ROA
17.3%▲
2023 · 12.6%
Interest coverage
19.12▼
2023 · 30.97
Debt ≤ 1 year
€564k▼
2023 · €933k
Debt > 1 year
€208k▼
2023 · €238k
Income taxes
€152k▲
2023 · €115k
Staff costs
€232k▼
2023 · €384k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €304k | €398k | €384k | €232k | ▼ 39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €33k | €39k | €54k | €48k | ▼ 11.7% |
| Other operating charges640/8 | - | €4k | €4k | €6k | €3k | ▼ 47.2% |
| Gross operating margin9900 | €296k | €543k | €584k | €820k | €794k | ▼ 3.2% |
| Operating profit (loss)9901 | €69k | €202k | €142k | €377k | €512k | ▲ 35.7% |
| Financial income75/76B | - | €7k | €11k | €10k | €4k | ▼ 58.4% |
| Recurring financial income75 | €6k | €7k | €11k | €10k | €4k | ▼ 58.4% |
| Financial charges65/66B | - | €12k | €38k | €14k | €29k | ▲ 110% |
| Recurring financial charges65 | €3k | €12k | €38k | €14k | €29k | ▲ 110% |
| Profit (loss) for the period before taxes9903 | €72k | €197k | €115k | €373k | €486k | ▲ 30.5% |
| Income taxes67/77 | €21k | €59k | €33k | €115k | €152k | ▲ 32.4% |
| Profit (loss) for the period9904 | €51k | €138k | €82k | €258k | €335k | ▲ 29.6% |
| Profit (loss) for the period to be appropriated9905 | €51k | €138k | €82k | €258k | €335k | ▲ 29.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €956k | €1.66M | €2.08M | €2.05M | €1.93M | ▼ 5.8% |
| Fixed assets21/28 | €57k | €121k | €147k | €132k | €89k | ▼ 32.3% |
| Tangible fixed assets22/27 | €57k | €121k | €142k | €131k | €89k | ▼ 32.3% |
| Plant, machinery and equipment23 | - | €103k | €95k | €100k | €67k | ▼ 33.2% |
| Furniture and vehicles24 | - | €18k | €47k | €31k | €22k | ▼ 29.5% |
| Financial fixed assets28 | €135 | €135 | €5k | €135 | €135 | = |
| Current assets29/58 | €899k | €1.53M | €1.93M | €1.92M | €1.84M | ▼ 3.9% |
| Stocks and contracts in progress3 | €529k | €487k | €123k | €675k | €499k | ▼ 26.0% |
| Stocks30/36 | - | €487k | €123k | €675k | €499k | ▼ 26.0% |
| Amounts receivable within one year40/41 | €251k | €615k | €1.35M | €1.06M | €1.31M | ▲ 24.5% |
| Trade receivables40 | - | €210k | €990k | €813k | €521k | ▼ 35.9% |
| Other amounts receivable41 | - | €404k | €363k | €242k | €792k | ▲ 227% |
| Cash at bank and in hand54/58 | €116k | €430k | €451k | €162k | €26k | ▼ 84.1% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €24k | €2k | ▼ 90.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €956k | €1.66M | €2.08M | €2.05M | €1.93M | ▼ 5.8% |
| Equity10/15 | €600k | €737k | €820k | €823k | €1.16M | ▲ 40.7% |
| Contributions10/11 | €20k | €20k | €20k | €22k | €22k | = |
| Outside capital11 | - | €20k | €20k | €22k | €22k | = |
| Other1109/19 | - | €20k | €20k | €22k | €22k | = |
| Reserves13 | €515k | €652k | €735k | €736k | €1.07M | ▲ 45.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €650k | €733k | €736k | €1.07M | ▲ 45.5% |
| Profit (loss) carried forward14 | €65k | €65k | €65k | €65k | €65k | = |
| Amounts payable17/49 | €356k | €918k | €1.26M | €1.22M | €772k | ▼ 37.0% |
| Amounts payable after more than one year17 | €6k | €680k | €560k | €238k | €208k | ▼ 12.7% |
| Financial debts170/4 | - | €680k | €560k | €238k | €208k | ▼ 12.7% |
| Amounts payable within one year42/48 | €350k | €238k | €596k | €933k | €564k | ▼ 39.5% |
| Current portion of amounts payable after more than one year42 | - | €72k | €139k | €288k | €15k | ▼ 94.7% |
| Trade debts44 | €118k | - | €229k | €397k | €514k | ▲ 29.7% |
| Suppliers440/4 | - | - | €229k | €397k | €514k | ▲ 29.7% |
| Taxes, remuneration and social security45 | - | €122k | €218k | €128k | €21k | ▼ 83.4% |
| Taxes450/3 | - | €122k | €213k | €127k | €21k | ▼ 83.4% |
| Remuneration and social security454/9 | - | - | €5k | €491 | - | - |
| Other amounts payable47/48 | - | €44k | €11k | €121k | €13k | ▼ 88.9% |
| Accrued charges and deferred income492/3 | - | - | €100k | €54k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €138k | €82k | €258k | €335k | ▲ 29.6% |
| + Depreciation and write-downs630 | €27k | €33k | €39k | €54k | €48k | ▼ 11.7% |
| Operating cash flow (approximation) | €78k | €171k | €122k | €312k | €382k | ▲ 22.5% |
| Investment in fixed assets (approximation) | - | €-97k | €-65k | €-39k | €-5k | ▲ 86.4% |
| Change in cash | - | €313k | €21k | €-289k | €-136k | ▲ 52.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €335k ▲29.6%
Operating result €512k, net result €335k, both a record.
31-12
Financial
Equity above €1MEq €1.16M ▲40.7%
7 profitable years in a row build equity to €1.16M.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 6.44
Current ratio from 2.57 to 6.44; short-term debt falls from €350k to €238k.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €51k ▼41.4%
Net result drops to €51k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €549k ▲18.8%
2 profitable years in a row build equity to €549k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
Show earlier events
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ranst · 1 establishment unit since 2009
Ground area
201 m²
Building footprint
132 m²
Volume, LiDAR
1,027 m³
Parcel 11035C0268/00K000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Ranstsesteenweg 127, 2520 Ranst
since 20092.177.203.602
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035C0268/00K000 | Flanders | 201 m² | 1 · 132 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 635 EUR awarded · 635 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 545 EUR | 545 EUR |
| 2024 | 1 | 90 EUR | 90 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,416. 2,976 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.