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cassiopeia

Active Private limited companyfounded 2018active for 8 yearsMarkekerkstraat 31, 8510 KortrijkKBO/BCE: BE 0700.526.674

Lifetime

7 annual accounts with figures on one time axis
peak €83,957 (2019)
€20,084▼ 50.8%
lowest -€18,450 (2020)
€442▼ 96.4%
peak €29,652 (2019)
€8,644▲ 5.4%
€230,864▼ 5.2%
peak 0.9 FTE (2019)
-not published
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
29-03-20262 days before the deadline
2025micro format
Gross margin from €40,851 to €20,084Result from €12,148 to €442

Key points

from the 2025 annual accounts

Turnover

≈ €220,000 estimated

The micro format states no turnover.

Debts

€230,864 96% of the balance sheet
Financial debts 65%Suppliers 7%Taxes and wages 1%Other 27%

Of this, €140,565 falls due within a year.

Filings

7 annual accounts 2 late
deadline202020222024

The 2020 accounts came latest: 58 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,250 companies had the same profile as cassiopeia has now. Each dot stands for 4 companies, two years later.

94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,250 companies, not a prediction for cassiopeia. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager
Director
  • founderdeed of 02-08-2018
  • founderdeed of 02-08-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0700526674
Appointment: (director) General meeting of 02-08-2022 · Gazette deed
First establishment Markekerkstraat 31, Kortrijk
Incorporation Founding capital of €18,600, 100 shares · Founders: and · Appointment: (manager) · published on 02-08-2018 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
cassiopeia Kortrijk €239,508 €20,084 3.6% -
Mosty Meerhout €171,842 €25,977 86.8% -
FELIFEN Zulte €351,568 €30,370 7.8% -
MAJUCEM Saint-Georges-sur-Meuse €153,484 €16,645 27.3% -
LINGERIE VANDEPOEL Uccle €266,124 €35,950 -2.9% -
Charme Avelgem Avelgem €217,559 €17,230 91.8% -
Lingerie Schabon-Philippe Bocholt €280,105 €30,794 3.7% -

These companies have the same main activity as cassiopeia: retail trade (NACE 47714). They are comparable in size and age: total assets between €153,000 and €352,000, founded between 2011 and 2021.

Official details

Source: KBO
Status
Active since 31-07-2018Normal situation
Activity
Retail tradeNACE 47714and 1 other
Establishment unit
2.278.257.7078510 Kortrijk, since 17-08-2018
Financial year end
31 August
Peppol
Reachable since 09-10-2025
Company details

Annual accounts to 31-08-2025

€239,508▼ 4.9%
Filing
Filed on 29-03-2026, 2 days before the end of the filing period
Financials

Insights on cassiopeia

cassiopeia files the micro format. That format states no turnover. The gross margin fell from €83,957 in 2019 to €20,084 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about cassiopeia

What is the company number of cassiopeia?
The company number of cassiopeia is 0700.526.674. The VAT number is the same number with BE in front: BE 0700.526.674.
Where is cassiopeia based?
The registered office is at Markekerkstraat 31, 8510 Kortrijk.Company details
What does cassiopeia do?
According to the KBO register, the main activity is retail trade (NACE 47714).
What is the legal form of cassiopeia?
cassiopeia is a private limited company (BV).
When was cassiopeia founded?
cassiopeia was founded on 31-07-2018.
Is cassiopeia still active?
Yes, cassiopeia is an active enterprise in the KBO register.
How many employees does cassiopeia have?
cassiopeia had an average of 0.8 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of cassiopeia?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €20,084 and 138 comparable companies (NACE 477). It probably lies between €79,000 and €460,000. It is a rough estimate.
Is cassiopeia profitable?
In financial year 2025, cassiopeia made a profit of €442.
Where can I find the annual accounts of cassiopeia?
cassiopeia filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of cassiopeia due?
cassiopeia must file the annual accounts for financial year 2026 by 31-03-2027.Timeline

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