CASSIOPEIA
ActiveFinancials · financial year 2025, full format
2025 annual accounts filed 1 day after the deadline Filed on 31 July 2026, deadline 30 July 2026 (7 months after the close on 30 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00361676.
Annual accounts 2025 filed on 31-07-2026 at the NBB all 29 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€47,040▲ 7.7%
2024 · -€50,950
Working capital
-€1.3m▼ 3.7%
2024 · -€1.2m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €3,967, smaller than the loss of €9,379 in 2024.
Operating result-€0.004m
2025
Net result-€0.05m
2025
Total assets€32.2m
2025
Equity€30.9m
2025
Debt€1.3m
2025
Working capital-€1.3m
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.003m--€0.003m▲ 6.3%-€0.003m▼ 6.0%-€0.003m▲ 2.3%-€0.003m▼ 3.3%-€0.003m▼ 17.1%-€0.009m▼ 184%-€0.004m▲ 57.7%
Net result-€0.03m--€0.03m▼ 1.9%-€0.03m▼ 4.3%-€0.03m▲ 5.2%-€0.03m▼ 10.7%-€0.04m▼ 41.3%-€0.05m▼ 17.6%-€0.05m▲ 7.7%
Equity€31.2m-€31.1m▼ 0.1%€31.1m▼ 0.1%€31.1m▼ 0.1%€31.1m▼ 0.1%€31.0m▼ 0.1%€31.0m▼ 0.2%€30.9m▼ 0.2%
Total assets€32.3m-€32.3m=€32.3m=€32.3m=€32.2m▼ 0.4%€32.2m=€32.2m=€32.2m=
Debt€1.1m-€1.2m▲ 2.7%€1.2m▲ 2.8%€1.2m▲ 2.5%€1.1m▼ 7.0%€1.2m▲ 3.8%€1.2m▲ 4.4%€1.3m▲ 3.9%
Working capital-€1.0m--€1.0m▼ 2.8%-€1.1m▼ 2.8%-€1.1m▼ 2.6%-€1.1m▼ 2.8%-€1.2m-€1.3m▼ 3.7%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32.2m
Fixed assets
€32.2m =
Current assets
€97 ▲ 79.5%
Equity and liabilities €32.2m
Equity
€30.9m ▼ 0.2%
Debt
€1.3m ▲ 3.9%
Debt's share of the balance-sheet total rises from 3.8% to 3.9%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.00▲
2024 · 0.00
Debt to equity
0.04▲
2024 · 0.04
ROE
-0.2%▲
2024 · -0.2%
ROA
-0.1%▲
2024 · -0.2%
Debt ≤ 1 year
€1.3m▲
2024 · €1.2m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €999 | €1,000 | €1,099 | €1,123 | €1,148 | ▲ 2.3% |
| Gross operating margin9900 | -€1,804 | -€1,645 | -€1,801 | -€1,736 | -€1,824 | -€2,207 | -€8,256 | -€2,818 | ▲ 65.9% |
| Operating profit (loss)9901 | -€2,818 | -€2,641 | -€2,799 | -€2,735 | -€2,824 | -€3,306 | -€9,379 | -€3,967 | ▲ 57.7% |
| Financial income75/76B | - | - | - | €2,848 | - | - | - | - | - |
| Recurring financial income75 | €2,651 | €2,717 | €2,785 | €2,848 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €27,810 | €27,839 | €40,014 | €41,571 | €43,073 | ▲ 3.6% |
| Recurring financial charges65 | €27,341 | €28,106 | €29,210 | €27,810 | €27,839 | €40,014 | €41,571 | €43,073 | ▲ 3.6% |
| Profit (loss) for the period before taxes9903 | -€27,508 | -€28,030 | -€29,224 | -€27,696 | -€30,663 | -€43,321 | -€50,950 | -€47,040 | ▲ 7.7% |
| Profit (loss) for the period9904 | -€27,508 | -€28,030 | -€29,224 | -€27,696 | -€30,663 | -€43,321 | -€50,950 | -€47,040 | ▲ 7.7% |
| Profit (loss) for the period to be appropriated9905 | -€27,508 | -€28,030 | -€29,224 | -€27,696 | -€30,663 | -€43,321 | -€50,950 | -€47,040 | ▲ 7.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €32.3m | €32.3m | €32.3m | €32.3m | €32.2m | €32.2m | €32.2m | €32.2m | = |
| Fixed assets21/28 | €32.2m | €32.2m | €32.2m | €32.2m | €32.2m | €32.2m | €32.2m | €32.2m | = |
| Financial fixed assets28 | €32.2m | €32.2m | €32.2m | €32.2m | €32.2m | €32.2m | €32.2m | €32.2m | = |
| Current assets29/58 | €0.1m | €0.1m | €0.1m | €0.1m | €74 | - | €54 | €97 | ▲ 79.5% |
| Amounts receivable within one year40/41 | €0.1m | €0.1m | €0.1m | €0.1m | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.1m | - | - | - | - | - |
| Cash at bank and in hand54/58 | €16 | €10 | - | €22 | €74 | - | €54 | €97 | ▲ 79.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €32.3m | €32.3m | €32.3m | €32.3m | €32.2m | €32.2m | €32.2m | €32.2m | = |
| Equity10/15 | €31.2m | €31.1m | €31.1m | €31.1m | €31.1m | €31.0m | €31.0m | €30.9m | ▼ 0.2% |
| Contributions10/11 | €31.4m | €31.4m | €31.4m | €31.4m | €31.4m | €31.4m | €31.4m | €31.4m | = |
| Capital10 | - | - | - | €31.4m | €31.4m | €31.4m | €31.4m | €31.4m | = |
| Issued capital100 | - | - | - | €31.4m | €31.4m | €31.4m | €31.4m | €31.4m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.3m | -€0.3m | -€0.3m | -€0.3m | -€0.4m | -€0.4m | -€0.5m | ▼ 10.7% |
| Amounts payable17/49 | €1.1m | €1.2m | €1.2m | €1.2m | €1.1m | €1.2m | €1.2m | €1.3m | ▲ 3.9% |
| Amounts payable within one year42/48 | €1.1m | €1.1m | €1.2m | €1.2m | €1.1m | €1.2m | €1.2m | €1.3m | ▲ 3.7% |
| Financial debts43 | - | - | - | - | - | €35 | - | - | - |
| Credit institutions430/8 | - | - | - | - | - | €35 | - | - | - |
| Trade debts44 | €0.002m | €0.002m | €0.004m | €0.006m | €0.007m | €0.01m | €0.02m | €0.02m | ▲ 6.0% |
| Suppliers440/4 | - | - | - | €0.006m | €0.007m | €0.01m | €0.02m | €0.02m | ▲ 6.0% |
| Other amounts payable47/48 | - | - | - | €1.2m | €1.1m | €1.2m | €1.2m | €1.2m | ▲ 3.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.003m | ▲ 213% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,508 | -€28,030 | -€29,224 | -€27,696 | -€30,663 | -€43,321 | -€50,950 | -€47,040 | ▲ 7.7% |
| Operating cash flow (approximation) | -€27,508 | -€28,030 | -€29,224 | -€27,696 | -€30,663 | -€43,321 | -€50,950 | -€47,040 | ▲ 7.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€6 | - | - | €53 | - | - | €43 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-12-2025 | full format | 31-07-2026 | 2026-00361676 | NBB |
| 30-12-2024 | abbreviated format | 31-07-2025 | 2025-00337002 | |
| 30-12-2023 | abbreviated format | 30-07-2024 | 2024-00303225 | |
| 30-12-2022 | abbreviated format | 31-07-2023 | 2023-00294685 | |
| 30-12-2021 | abbreviated format | 20-08-2022 | 2022-20299152 | |
| 30-12-2020 | abbreviated format | 31-08-2021 | 2021-63800172 | |
| 30-12-2019 | abbreviated format | 22-08-2020 | 2020-45100054 | |
| 30-12-2018 | abbreviated format | 31-07-2019 | 2019-40600366 | |
| 30-12-2017 | abbreviated format | 31-07-2018 | 2018-41900403 | |
| 30-12-2016 | abbreviated format | 31-08-2017 | 2017-57100194 |