Cassilon
ActiveSummary
The computed 12-month bankruptcy probability of Cassilon is 1.8% (moderate). The 2025 annual accounts show equity of €37k and a net result of €2k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 23% of 721 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▲+32
Solvency38▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.4 in 2024; short-term debt: 63.9% and cash: 53.2% of total assets), but 87.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
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
12.8%
Return on assets
0.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 721 sector peers (2025).
NBB · sector comparisonPosition among 721 sector peers
Solvency
better than 23%
← 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 11-06-2026, 50 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
50 d early
2024
31 d early
2023
44 d late
2022
39 d early
2021
1 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€37k▲ 5.7%
2024 · €35k
2021: €17k
2022: €69k
2023: €76k
2024: €35k
2021 → 2025
Total assets
€291k▼ 12.6%
2024 · €333k
2021: €343k
2022: €403k
2023: €449k
2024: €333k
2021 → 2025
Net result
€2k
2024 · €-40k
2021: €14k
2022: €52k
2023: €7k
2024: €-40k
2021 → 2025
Working capital
€105k▲ 11.5%
2024 · €94k
2021: €20k
2022: €163k
2023: €186k
2024: €94k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€69k▲ 314%€76k▲ 10.2%€35k▼ 53.4%€37k▲ 5.7%
Operating result€22k-€53k▲ 147%€18k▼ 65.4%€-39k€4k
Net result€14k-€52k▲ 283%€7k▼ 86.5%€-40k€2k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €39k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €291k
Equity
€37k ▲ 5.7%
Debt
€254k ▼ 14.7%
Debt's share of the balance-sheet total falls from 89.4% to 87.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.57▲
2024 · 1.40
Debt to equity
6.81▼
2024 · 8.44
ROE
5.4%▲
2024 · -114.7%
ROA
0.7%▲
2024 · -12.1%
Debt ≤ 1 year
€186k▼
2024 · €238k
Income taxes
€1k▲
2024 · €374
Staff costs
€82k▲
2024 · €76k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€333k€291k▼
Current assets29/58€333k€291k▼
Amounts receivable within one year40/41€258k€96k▼
Trade receivables40€242k€82k▼
Other amounts receivable41€16k€14k▼
Cash at bank and in hand54/58€75k€155k▲
Deferred charges and accrued income490/1-€40k
Equity and liabilities
Total equity and liabilities10/49€333k€291k▼
Equity10/15€35k€37k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€32k€34k▲
Amounts payable17/49€298k€254k▼
Amounts payable within one year42/48€238k€186k▼
Trade debts44€227k€175k▼
Suppliers440/4€227k€175k▼
Taxes, remuneration and social security45€12k€11k▼
Taxes450/3€3k€1k▼
Remuneration and social security454/9€9k€10k▲
Accrued charges and deferred income492/3€59k€68k▲
Income statement
Code20242025
Remuneration, social security and pensions62€76k€82k▲
Other operating charges640/8€2.18M€2.42M▲
Gross operating margin9900€2.22M€2.50M▲
Operating profit (loss)9901€-39k€4k▲
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€-40k€3k▲
Income taxes67/77€374€1k▲
Profit (loss) for the period9904€-40k€2k▲
Profit (loss) for the period to be appropriated9905€-40k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€34k▲
Profit (loss) brought forward from the previous period14P€73k€32k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (1 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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 44 days late
2023
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2021net €52k ▲283%
Operating result €53k, net result €52k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Antwerpen · 1 establishment unit since 2020
Ground area
10.1 ha
Building footprint
1.7 ha
Volume, LiDAR
168,263 m³
Parcel 11807G1681/05D000, Flanders · tallest building 19.0 m, ±3 floors. Linked by address, not a title deed.
15
companies at this address
See who is registered here
1 establishment unit
Cassilon
since 20202.299.045.401
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1681/05D000 | Flanders | 10.1 ha | 1 · 1.7 ha | 19.0 m · 3 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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BRUSSELS BUSINESS SERVICES GROUP
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HERZ JAKOB
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Of 3,188 companies in sector 52250 we hold annual accounts for 1,954. 1,069 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:official.belgium@cassilon.com