CAStaar
ActiveSummary
CAStaar has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€91,068) and a net result of -€97,650. Equity is shrinking by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 7% of 7081 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-29
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.78 in 2024; short-term debt: 132.8% and cash: 3.6% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-69.4%
Return on assets
-74.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€91,068
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
1 d early
2023
20 d early
2022
14 d early
2021
30 d late
2020
17 d early
2019
28 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 5 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€91,068
2024 · €6,582
Total assets
€131,150▼ 25.0%
2024 · €174,845
Net result
-€97,650▼ 119%
2024 · -€44,570
Working capital
-€149,785▼ 457%
2024 · -€26,899
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,488▲ 53.1%€17,665€20,847▲ 18.0%-€34,228-€77,736▼ 127%
Net result-€4,469below the sector's middle half▲ 51.7%€20,395within the sector's middle half€12,785within the sector's middle half▼ 37.3%-€44,570below the sector's middle half-€97,650below the sector's middle half▼ 119%
Equity€92,764within the sector's middle half▼ 4.6%€113,159within the sector's middle half▲ 22.0%€138,344within the sector's middle half▲ 22.3%€6,582below the sector's middle half▼ 95.2%-€91,068below the sector's middle half
Total assets€142,039below the sector's middle half▲ 6.1%€160,395within the sector's middle half▲ 12.9%€229,338within the sector's middle half▲ 43.0%€174,845within the sector's middle half▼ 23.8%€131,150within the sector's middle half▼ 25.0%
Debt€49,274▲ 34.3%€47,236▼ 4.1%€90,994▲ 92.6%€168,264▲ 84.9%€222,218▲ 32.1%
Working capital€121,672▲ 30.6%€135,854▲ 11.7%€177,502▲ 30.7%-€26,899-€149,785▼ 457%
Solvency65.3%within the sector's middle half▼ 7.3pp70.6%within the sector's middle half▲ 5.2pp60.3%within the sector's middle half▼ 10.2pp3.8%below the sector's middle half▼ 56.6pp-69.4%below the sector's middle half▼ 73.2pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
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 stays negative: a loss of €77,736 in 2025 against €34,228 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131,150
Fixed assets
€106,764 ▲ 35.2%
Current assets
€24,386 ▼ 74.6%
Key figures and ratios
EBITDA
-€62,855▼
2024 · -€18,668
Cash flow
-€82,769▼
2024 · -€29,010
Current ratio
0.14▼
2024 · 0.78
Debt to equity
-2.44▼
2024 · 25.57
ROA
-74.5%▼
2024 · -25.5%
Interest coverage
-3.42▼
2024 · -2.12
Debt ≤ 1 year
€174,171▲
2024 · €122,757
Debt > 1 year
€37,851▼
2024 · €43,838
Income taxes
€1,656▲
2024 · €1,540
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,943 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,252 | €2,365 | €3,317 | €15,560 | €14,881 | ▼ 4.4% |
| Other operating charges640/8 | €1,560 | €1,398 | €1,931 | €8,481 | €3,996 | ▼ 52.9% |
| Non-recurring operating charges66A | €829 | €0 | - | - | - | - |
| Gross operating margin9900 | €21,153 | €21,428 | €26,095 | -€10,187 | -€58,859 | ▼ 478% |
| Operating profit (loss)9901 | -€3,488 | €17,665 | €20,847 | -€34,228 | -€77,736 | ▼ 127% |
| Financial income75/76B | €1,493 | €12,002 | €1,196 | €0 | €111 | - |
| Recurring financial income75 | €1,493 | €12,002 | €1,196 | €0 | €111 | - |
| Financial charges65/66B | €946 | €719 | €3,348 | €8,802 | €18,369 | ▲ 109% |
| Recurring financial charges65 | €946 | €719 | €3,348 | €8,802 | €18,369 | ▲ 109% |
| Profit (loss) for the period before taxes9903 | -€2,940 | €28,948 | €18,695 | -€43,030 | -€95,994 | ▼ 123% |
| Income taxes67/77 | €1,529 | €8,553 | €5,910 | €1,540 | €1,656 | ▲ 7.5% |
| Profit (loss) for the period9904 | -€4,469 | €20,395 | €12,785 | -€44,570 | -€97,650 | ▼ 119% |
| Transfer from tax-exempt reserves789 | €15,500 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €11,031 | €20,395 | €12,785 | -€44,570 | -€97,650 | ▼ 119% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142,039 | €160,395 | €229,338 | €174,845 | €131,150 | ▼ 25.0% |
| Fixed assets21/28 | €5,108 | €2,743 | €11,966 | €78,987 | €106,764 | ▲ 35.2% |
| Tangible fixed assets22/27 | €5,108 | €2,743 | €11,966 | €78,987 | €106,764 | ▲ 35.2% |
| Land and buildings22 | - | - | - | €31,143 | €29,535 | ▼ 5.2% |
| Plant, machinery and equipment23 | €3,096 | €1,826 | €11,966 | €7,455 | €4,607 | ▼ 38.2% |
| Furniture and vehicles24 | €2,012 | €918 | €0 | €30,589 | €26,093 | ▼ 14.7% |
| Assets under construction and advance payments27 | - | - | - | €9,800 | €46,530 | ▲ 375% |
| Current assets29/58 | €136,931 | €157,652 | €217,372 | €95,859 | €24,386 | ▼ 74.6% |
| Amounts receivable after more than one year29 | €128,700 | €128,700 | €0 | - | - | - |
| Other amounts receivable291 | €128,700 | €128,700 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €3,140 | €21,260 | €18,962 | €2,295 | €16,853 | ▲ 634% |
| Trade receivables40 | €0 | €5,560 | €16,667 | €0 | €13,550 | - |
| Other amounts receivable41 | €3,140 | €15,700 | €2,295 | €2,295 | €3,302 | ▲ 43.9% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €3,597 | €3,353 | €114,836 | €58,547 | €4,775 | ▼ 91.8% |
| Deferred charges and accrued income490/1 | €1,493 | €4,339 | €83,575 | €35,017 | €2,758 | ▼ 92.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142,039 | €160,395 | €229,338 | €174,845 | €131,150 | ▼ 25.0% |
| Equity10/15 | €92,764 | €113,159 | €138,344 | €6,582 | -€91,068 | ▼ 1,484% |
| Contributions10/11 | €6,200 | €6,200 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €87,193 | €106,959 | €119,744 | €32,551 | €32,551 | = |
| Non-distributable reserves130/1 | €1,860 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €0 | - | - | - | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €85,333 | €106,959 | €119,744 | €32,551 | €32,551 | = |
| Profit (loss) carried forward14 | -€628 | €0 | - | -€44,570 | -€142,219 | ▼ 219% |
| Amounts payable17/49 | €49,274 | €47,236 | €90,994 | €168,264 | €222,218 | ▲ 32.1% |
| Amounts payable after more than one year17 | €33,578 | €25,000 | €49,550 | €43,838 | €37,851 | ▼ 13.7% |
| Financial debts170/4 | €33,578 | €25,000 | €49,550 | €43,838 | €37,851 | ▼ 13.7% |
| Amounts payable within one year42/48 | €15,259 | €21,799 | €39,870 | €122,757 | €174,171 | ▲ 41.9% |
| Current portion of amounts payable after more than one year42 | €11,254 | €8,578 | €5,450 | €5,712 | €5,987 | ▲ 4.8% |
| Trade debts44 | €235 | €4,312 | €4,373 | €3,253 | €1,460 | ▼ 55.1% |
| Suppliers440/4 | €235 | €4,312 | €4,373 | €3,253 | €1,460 | ▼ 55.1% |
| Taxes, remuneration and social security45 | €3,769 | €8,908 | €14,696 | €15,608 | €2,499 | ▼ 84.0% |
| Taxes450/3 | €3,769 | €8,908 | €14,696 | €15,608 | €2,499 | ▼ 84.0% |
| Other amounts payable47/48 | €0 | - | €15,351 | €98,184 | €164,225 | ▲ 67.3% |
| Accrued charges and deferred income492/3 | €438 | €438 | €1,574 | €1,669 | €10,197 | ▲ 511% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,469 | €20,395 | €12,785 | -€44,570 | -€97,650 | ▼ 119% |
| + Depreciation and write-downs630 | €22,252 | €2,365 | €3,317 | €15,560 | €14,881 | ▼ 4.4% |
| Operating cash flow (approximation) | €17,782 | €22,760 | €16,102 | -€29,010 | -€82,769 | ▼ 185% |
| Investment in fixed assets (approximation) | - | €0 | -€12,540 | -€82,580 | -€42,658 | ▲ 48.3% |
| Change in cash | - | -€244 | €111,483 | -€56,289 | -€53,771 | ▲ 4.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€97,650
Net result drops to -€97,650, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €20,395
Net result €20,395 after 3 loss-making years.
31-12
Financial
Equity above €100,000Eq €113,159 ▲22%
Equity rises from €92,764 to €113,159.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Hasselt · 1 establishment unit since 2014
Ground area
574 m²
Building footprint
136 m²
Parcel 71323C0430/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
CAStaar
since 20142.226.211.564
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0430/00E000 | Flanders | 574 m² | 1 · 136 m² | - |
Linked by address, not proof of ownership
Good to know
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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Of 13,417 companies in sector 73300 we hold annual accounts for 6,899. 3,021 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
82990Other business support services
Contact
E-mail
kristof.delille@telenet.beHasselt
Phone
0478/380783Hasselt
E-invoicing
Reachable via Peppol
Peppol ID
0208:0544285806
Also
9925:BE0544285806
Registered
30-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.