CASSAER
ActiveCASSAER has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €11k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 3101 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-17
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.93 against 2.99 in 2024), and 25.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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 2025Solvency, return and age of the figures
Solvency
74.4%
Return on assets
11.9%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
on the day
2023
3 d early
2022
18 d early
2021
4 d early
2020
29 d early
2019
7 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€101k
EBIT margin
6.5%
Net result
€11k▼ 3.2%
2024 · €11k
2018: €-928
2019: €-1k
2020: €6k
2021: €3k
2022: €10k
2023: €5k
2024: €11k
2018 → 2025
Working capital
€43k▲ 40.5%
2024 · €31k
2018: €4k
2019: €2k
2020: €5k
2021: €4k
2022: €8k
2023: €16k
2024: €31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€42k▲ 4.1%€47k▲ 11.6%€58k▲ 24.0%€68k▲ 17.3%
Operating result€4k-€13k▲ 247%€7k▼ 48.2%€15k▲ 120%€15k▼ 1.1%
Net result€3k-€10k▲ 269%€5k▼ 50.6%€11k▲ 130%€11k▼ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€25k▼ 8.5%
Current assets
€66k▲ 42.1%
Equity and liabilities €91k
Equity
€68k▲ 17.3%
Debt
€23k▲ 44.2%
The debt ratio rises from 21.8% to 25.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€17k▼
2024 · €18k
Cash flow
€13k▼
2024 · €14k
Solvency
74.4%▼
2024 · 78.2%
Current ratio
2.93▼
2024 · 2.99
Quick ratio
2.70▼
2024 · 2.77
Debt / equity
0.34▲
2024 · 0.28
ROE
16.0%▼
2024 · 19.3%
ROA
11.9%▼
2024 · 15.1%
Interest coverage
48.94▲
2024 · 46.59
Debt
€23k▲
2024 · €16k
Debt ≤ 1 year
€23k▲
2024 · €15k
Income taxes
€4k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€74k€91k▲
Fixed assets21/28€28k€25k▼
Tangible fixed assets22/27€28k€25k▼
Land and buildings22€28k€25k▼
Furniture and vehicles24€76€0▼
Financial fixed assets28€45€0▼
Current assets29/58€46k€66k▲
Stocks and contracts in progress3€3k€5k▲
Stocks30/36€3k€5k▲
Amounts receivable within one year40/41€12k€15k▲
Trade receivables40€0€3k▲
Other amounts receivable41€12k€12k▼
Cash at bank and in hand54/58€30k€46k▲
Deferred charges and accrued income490/1€547€571▲
Equity and liabilities
Total equity and liabilities10/49€74k€91k▲
Equity10/15€58k€68k▲
Contributions10/11€6k€6k=
Reserves13€52k€62k▲
Distributable reserves133€52k€62k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€16k€23k▲
Amounts payable within one year42/48€15k€23k▲
Trade debts44€9k€15k▲
Suppliers440/4€9k€15k▲
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€5k€8k▲
Remuneration and social security454/9€2k€0▼
Accrued charges and deferred income492/3€693€818▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€20k€19k▼
Operating profit (loss)9901€15k€15k▼
Financial income75/76B€2€43▲
Recurring financial income75€2€43▲
Financial charges65/66B€391€352▼
Recurring financial charges65€391€352▼
Profit (loss) for the period before taxes9903€15k€15k▼
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€11k€11k▼
Profit (loss) for the period to be appropriated9905€11k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€11k▼
Transfer to equity691/2€11k€10k▼
To other reserves6921€11k€10k▼
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €11k ▲130%
Operating result €15k, net result €11k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
31-12
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2006
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.
Elderbergstraat 159310 AalstGround area
799 m²
Building footprint
198 m²
Volume, LiDAR
799 m³
Parcel 41005D0030/00M000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CASSAER
since 20062.159.046.982
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41005D0030/00M000 | Flanders | 799 m² | 1 · 198 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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R. VAN PETEGHEM
BE 0400.064.820
Gent · Eq €64k
ERICA ROSA
BE 0860.192.040
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EXOTISCH KAMER - EN TUINPLANTENCENTRUM
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Of 870 companies in sector 01191 we hold annual accounts for 306. 191 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2006
Fiscal year end31-12
Activities, NACEBEL
01122
01191Growing of flowers
01123
01301Crop and animal production, hunting and related service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.