CASSIERS PROJECTS
The computed 12-month bankruptcy probability of CASSIERS PROJECTS is 3.2% (moderate). The 2024 annual accounts show equity of €41k and a net result of €-8k. Equity is shrinking by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 11064 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €41k |
| Net result | €-8k |
| Better than sector | 28% |
| Active | 4 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 22.6% | 40.9% | |
| Net result | €-8k | €11k | |
| Equity | €41k | €34k | |
| Gross operating margin | €27k | €35k | |
| Total assets | €183k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €25k |
| Net profit | €-8k |
| Cash flow | €19k |
| Staff costs | - |
| Income taxes | €583 |
| Dividends | - |
| Total assets | €183k |
| Equity | €41k |
| Debt | €142k |
| of which ≤ 1y | €87k |
| of which > 1y | €54k |
| Working capital | €29k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.33 |
| Quick ratio | 1.33 |
| Working capital ratio | 15.9% |
| Solvency | 22.6% |
| Debt / equity | 3.42 |
| Long-term debt ratio | 1.31 |
| Interest coverage | 4.52 |
| Gross margin | - |
| Net margin | - |
| ROA | -4.3% |
| ROE | -19.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €183k |
| Fixed assets | 21/28 | €67k |
| Tangible fixed assets | 22/27 | €67k |
| Current assets | 29/58 | €116k |
| Amounts receivable within one year | 40/41 | €100k |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €183k |
| Equity | 10/15 | €41k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €35k |
| Amounts payable | 17/49 | €142k |
| Amounts payable after one year | 17 | €54k |
| Amounts payable within one year | 42/48 | €87k |
| Trade debts payable within one year | 44 | €36k |
| Income statement | ||
| Gross operating margin | 9900 | €27k |
| Operating result | 9901 | €-2k |
| Financial income | 75 | €7 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €-7k |
| Income taxes | 67/77 | €583 |
| Net result for the period | 9904 | €-8k |
| Result to be appropriated | 9905 | €-8k |
| NACE primary | Specialised construction(43341) |
| Legal form | Private limited company(610) |
| Incorporation | 15-12-2021 |
| Status | Active |
| Postal code | 8581 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34039A0728/00E000 | Flanders | 1,423 m² | 1 · 137 m² | 10.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-10-2022 Ewout Cassiers appointed as director
- Ewout Cassiers, Bestuurder
Technical details
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"effective_date": "2022-09-19",
"evidence_quote": "Er blijkt uit de notulen van de bijzondere algemene vergadering gehouden op de maatschappelijke zetel van de vennootschap op 18 september 2022 dat de vergadering volgende besluiten heeft genomen: De benoeming van Dhr. Ewout Cassiers, NN. 01.04.05-275.41, wonende te Nieuwstraat 14, 8581 Waarmaarde, a",
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"act_meta": {
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},
"decisions": [
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"subject_company": {
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"publication_proxy": {
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | CASSIERS PROJECTS |