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Cassco

Active
Private limited companyfounded 199233 yrs activeBrandekensweg 9, 2627 Schelle, BelgiumKBO/BCE: BE 0448.769.906
Summary

Cassco has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€28,359) and a net result of €976. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 2503 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
CasscoActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Other business support services
NACE 82990NACE 74879
#5 company by total assets in Schelle, Administrative and support services sector1 site
Size
€7.7mtotal assets 2025
Equity
-€28,359
Profit
€976
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Holdings
3
Accounts 1 d early0 of 3 deeds read
Why 54Capped at 59: negative equity- Negative equity -€28,359+ Size: total assets €7.7m+ Figures for FY 2025 (filed 30-07-2026)+ Liquidity: current ratio 0.77, cash €1.8mShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 35% of its sector peers (NACE 82, small)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 25+1
equity -0.4% of total assets
Liquidity 57+15
short-term debt 45.8% · cash 23.9%
Profitability 28-10
return on assets 0.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,108 companies)
Last 19 months 04-2025: 0.5% 05-2025: 0.5%▼ -0.9% vs 04-2025 06-2025: 0.5%▲ +3.3% vs 05-2025 07-2025: 0.6%▲ +18.2% vs 06-2025 08-2025: 0.8%▲ +40.3% vs 07-2025highest value 09-2025: 0.1%▼ -84.1% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▲ +4.1% vs 01-2026 03-2026: 0.1%▼ -3.9% vs 02-2026 04-2026: 0.1%▲ +4.9% vs 03-2026 05-2026: 0.1%▲ +13.2% vs 04-2026 06-2026: 0.2%▲ +17.1% vs 05-2026 07-2026: 0.2%▲ +19.9% vs 06-2026 08-2026: 0.1%▼ -71.2% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Size: total assets €7.7m lowers the probability for this profile
  • Negative equity -€28,359 raises the probability
  • Figures for FY 2025 (filed 30-07-2026) lowers the probability
  • Liquidity: current ratio 0.77, cash €1.8m lowers the probability
No credit on open account
Liquidity short (current ratio 0.77 against 0.27 in 2024; short-term debt: 45.8% and cash: 23.9% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, small). Better than this share of them on solvency 7%, liquidity 73%, profitability 15%, growth against the median 46%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €7.7m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€28,359
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 30-07-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.77, cash €1.8m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2503 sector peers (2025).
NBB · sector comparison
Position among 2503 sector peers
Solvency
better than 14%
← weakest strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
4 d early
2021
1 d early
2020
31 d late
2019
93 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 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 (2)
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. Usually files around 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Back to profitnet €138,911

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€28,359 View
  • Caution: Result fell in 2025from €138,911 to €976 ▼ 99.3% View
  • Caution: Among the weakest 9% on equitysector median €201,294 · 2,504 companies -€28,359 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€7.7m
Profit
€976
Solvency
-0.4%
Total assets▲ 69.3%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 30-07-2026Annual accounts filed
  2. 31-07-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other business support servicesNACE 82990
Founded
26-11-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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