Equity
CASTAAR.COM has made a profit in every financial year since 2019.
CASTAAR.COM has made a profit in every financial year since 2019.
The result rose in 2025 from €50,168 to €120,118.
The accounts state no turnover.
In 2025, 6 people joined and 5 left.
The 2019 accounts came 17 days late. The other six were filed on time.
Higher net result than 82% of companies in advertising and market research. Sector median €16,334 · 2,093 companies.
The dashed line is the sector median: 0.1% across 722 companies (NACE 73, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, small). It does better than 52% of them on solvency, 62% on liquidity, 78% on profitability and 82% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,782 companies had the same profile as CASTAAR.COM has now. Each dot stands for 17 companies, two years later.
That fits the bankruptcy probability of CASTAAR.COM itself: 0.2% within 12 months.
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,782 companies, not a prediction for CASTAAR.COM. 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.
Liquidity is ample, with a current ratio of 1.83 (1.4 in 2024), above the usual 1.5. Short-term debt is 36% and cash 16.2% of total assets. However, 53.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| CASTAAR.COM Pajottegem | €0.9m | €1.2m | 46.9% | 14.8 |
| BOOSTU Herentals | €1.1m | €1.1m | 48.8% | 13.2 |
| THE WORKING GROUP Mechelen | €1.0m | €1.0m | 39.0% | 13.8 |
| AMS DIGITAL PRINTING Antwerp | €1.2m | €1.0m | 47.4% | 12.9 |
| eFluenz Brussels | €1.2m | €1.4m | 38.2% | 12 |
| The Dot Society Antwerp | €1.1m | €1.6m | 47.7% | 18.9 |
| WORLD’S NATURAL BALANCE Antwerp | €0.7m | €1.0m | 74.1% | 12.7 |
These companies have the same main activity as CASTAAR.COM: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €659,000 and €1.2m, founded between 2016 and 2020.
CASTAAR.COM files the abbreviated format. That format states no turnover. The gross margin rose from €158,229 in 2019 to €1.2m in 2025.
TALKING BOLD holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.0m. Estimated: probably between €1.4m and €3.4m.
Higher than 52% of 2,094 companies in 2025.
Higher than 56% of 2,010 companies in 2025.
Higher than 75% of 2,053 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 6 people joined and 5 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
887,639 | 1.3m | 1.1m | 1.0m | 681,097 | 310,651 | 185,395 | |
21/28 |
304,752 | 360,729 | 372,484 | 376,355 | 223,121 | 75,025 | 52,344 | |
21 |
14,297 | 20,909 | 19,801 | 15,420 | - | - | - | |
22/27 |
290,255 | 339,620 | 352,483 | 360,735 | 222,921 | 74,825 | 52,144 | |
23 |
87,544 | 96,362 | 61,025 | 67,713 | 50,778 | 41,069 | 18,091 | |
24 |
39,363 | 45,269 | 56,838 | 43,328 | 46,472 | 15,125 | 13,469 | |
25 |
19,341 | 35,607 | 51,874 | 71,084 | 8,920 | - | - | |
26 |
144,007 | 162,381 | 182,747 | 178,611 | 116,752 | 3,880 | - | |
28 |
200 | 200 | 200 | 200 | 200 | 200 | 200 | |
29/58 |
582,887 | 916,711 | 680,412 | 634,944 | 457,976 | 235,625 | 133,050 | |
3 |
21,950 | 9,232 | 18,044 | 36,379 | 13,768 | 13,113 | 16,758 | |
30/36 |
21,950 | 9,232 | 18,044 | 36,379 | 13,768 | 13,113 | 16,758 | |
40/41 |
400,032 | 738,303 | 499,645 | 485,203 | 417,694 | 160,422 | 112,019 | |
40 |
181,142 | 227,567 | 239,264 | 247,312 | 182,243 | 159,034 | 102,544 | |
41 |
218,889 | 510,736 | 260,381 | 237,891 | 235,451 | 1,389 | 9,475 | |
54/58 |
143,833 | 22,166 | 43,107 | 52,171 | 12,636 | 41,349 | 800 | |
490/1 |
17,073 | 147,010 | 119,617 | 61,192 | 13,878 | 20,741 | 3,474 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
887,639 | 1.3m | 1.1m | 1.0m | 681,097 | 310,651 | 185,395 | |
10/15 |
416,363 | 321,362 | 321,154 | 287,595 | 195,734 | 105,071 | 48,209 | |
10/11 |
28,550 | 28,550 | 28,550 | 28,550 | 28,550 | 28,550 | 28,550 | |
100 |
- | - | - | - | - | - | 35,000 | |
101 |
- | - | - | - | - | - | 6,450 | |
13 |
292,812 | 292,812 | 292,604 | 259,045 | 167,184 | 76,521 | 19,659 | |
133 |
292,812 | 292,812 | 292,604 | 259,045 | 167,184 | 76,521 | 19,659 | |
14 |
95,001 | - | - | - | - | - | - | |
17/49 |
471,277 | 956,078 | 731,742 | 723,705 | 485,363 | 205,580 | 137,185 | |
17 |
125,387 | 176,829 | 184,185 | 206,820 | 113,001 | 16,272 | 8,933 | |
170/4 |
125,387 | 176,829 | 184,185 | 206,820 | 113,001 | 16,272 | 8,933 | |
42/48 |
319,145 | 656,579 | 504,631 | 498,885 | 341,638 | 189,307 | 128,252 | |
42 |
52,591 | 71,108 | 45,747 | 30,691 | 24,818 | 10,556 | 9,170 | |
43 |
- | 203,538 | 100,000 | 100,000 | 100,000 | 50,000 | 53,391 | |
430/8 |
- | 203,538 | 100,000 | 100,000 | 100,000 | 50,000 | 53,391 | |
44 |
101,110 | 134,206 | 254,096 | 248,740 | 130,876 | 83,309 | 48,358 | |
440/4 |
101,110 | 134,206 | 254,096 | 248,740 | 130,876 | 83,309 | 48,358 | |
46 |
- | - | 7,000 | 4,345 | - | - | - | |
45 |
140,303 | 196,766 | 97,788 | 114,781 | 85,943 | 45,319 | 15,535 | |
450/3 |
56,877 | 119,327 | 18,585 | 66,028 | 57,420 | 30,076 | 7,998 | |
454/9 |
83,426 | 77,439 | 79,203 | 48,753 | 28,524 | 15,243 | 7,537 | |
47/48 |
25,141 | 50,960 | - | 328 | - | 124 | 1,799 | |
492/3 |
26,744 | 122,670 | 42,925 | 18,000 | 30,725 | - | - | |
| Income statement | ||||||||
76A |
- | - | - | 952 | - | - | 7,750 | |
9900 |
1.2m | 1.1m | 955,140 | 721,978 | 429,378 | 248,864 | 158,229 | |
62 |
849,776 | 798,787 | 731,100 | 466,717 | 266,261 | 144,685 | 88,162 | |
630 |
99,633 | 94,934 | 83,024 | 67,955 | 28,101 | 19,546 | 25,107 | |
640/8 |
5,886 | 19,416 | 5,763 | 3,855 | 3,745 | 1,602 | 2,011 | |
66A |
- | - | - | - | 1,451 | 4,184 | 8,541 | |
9901 |
232,857 | 155,501 | 135,253 | 183,451 | 129,818 | 78,847 | 34,408 | |
75/76B |
4,726 | 7,119 | 4,911 | 5,354 | 1,200 | 38 | 192 | |
75 |
4,726 | 7,119 | 4,911 | 5,354 | 1,200 | 38 | 192 | |
65/66B |
62,789 | 97,900 | 87,528 | 67,788 | 10,528 | 6,652 | 7,968 | |
65 |
62,789 | 97,900 | 87,528 | 67,788 | 10,528 | 6,652 | 7,968 | |
9903 |
174,794 | 64,720 | 52,636 | 121,017 | 120,490 | 72,233 | 26,631 | |
67/77 |
54,676 | 14,553 | 19,076 | 29,156 | 29,827 | 15,371 | 6,972 | |
9904 |
120,118 | 50,168 | 33,560 | 91,861 | 90,663 | 56,861 | 19,659 | |
9905 |
120,118 | 50,168 | 33,560 | 91,861 | 90,663 | 56,861 | 19,659 | |
| Appropriation of the result | ||||||||
9906 |
120,118 | 50,168 | 33,560 | 91,861 | 90,663 | 56,861 | 19,659 | |
691/2 |
- | 208 | 33,560 | 91,861 | 90,663 | 56,861 | 19,659 | |
6921 |
- | 208 | 33,560 | 91,861 | 90,663 | 56,861 | 19,659 | |
694/7 |
25,117 | 49,960 | - | - | - | - | - | |
695 |
- | 29,500 | - | - | - | - | - | |
696 |
25,117 | 20,460 | - | - | - | - | - | |
| Social balance sheet | ||||||||
9087 |
14.8 | 14.3 | 14.2 | 10.1 | 6.4 | 3.7 | 1.9 | |
Hours worked1013 |
25,516 | 24,979 | 23,242 | 17,087 | 11,483 | 6,543 | 4,664 | |
| Document | ||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 13-07-2026 | 2026-00288218 | |
| 31-12-2024 | abbreviated format | 07-07-2025 | 2025-00237252 | |
| 31-12-2023 | abbreviated format | 24-06-2024 | 2024-00152770 | |
| 31-12-2022 | micro format | 19-06-2023 | 2023-00135328 | |
| 31-12-2021 | micro format | 17-06-2022 | 2022-20069247 | |
| 31-12-2020 | micro format | 29-06-2021 | 2021-29100238 | |
| 31-12-2019 | micro format | 17-08-2020 | 2020-41600540 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 332,490 | 250,436 | 218,277 | 251,406 | 157,919 | 98,393 | 59,515 | ||
| 219,751 | 145,102 | 116,583 | 159,816 | 118,765 | 76,407 | 44,766 | ||
| 43,656 | 83,179 | 80,082 | 220,237 | 177,649 | 52,680 | 77,452 | ||
| 121,666 | -20,940 | -9,064 | 39,535 | -28,714 | 40,549 | - | ||
| 263,742 | 260,132 | 175,781 | 136,059 | 116,338 | 46,318 | 4,798 | ||
| 46.9% | 25.2% | 30.5% | 28.4% | 28.7% | 33.8% | 26.0% | ||
| 1.83 | 1.40 | 1.35 | 1.27 | 1.34 | 1.24 | 1.04 | ||
| 1.76 | 1.38 | 1.31 | 1.20 | 1.30 | 1.18 | 0.91 | ||
| 1.13 | 2.98 | 2.28 | 2.52 | 2.48 | 1.96 | 2.85 | ||
| 28.8% | 15.6% | 10.4% | 31.9% | 46.3% | 54.1% | 40.8% | ||
| 13.5% | 3.9% | 3.2% | 9.1% | 13.3% | 18.3% | 10.6% | ||
| 5.30 | 2.56 | 2.49 | 3.71 | 15.00 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 15 | 14 | 16 | 11 | 8 |
| full-time | 13 | 12 | 14 | 10 | 7 |
| part-time | 2 | 2 | 2 | 1 | 1 |
| in full-time equivalents | 14.6 | 13.7 | 15.8 | 10.9 | 7.9 |
| 14.8 | 14.3 | 14.2 | 10.1 | 6.4 | |
| On a permanent contract | 15 | 14 | 16 | 11 | 8 |
| Joined | 6 | 4 | 8 | 6 | 6 |
| Left | 5 | 5 | 3 | 3 | 3 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €43,656 | €75,740 | €70,626 | €204,147 | €177,649 |
| Intangible fixed assets | - | €7,439 | €9,456 | €16,089 | - |
| €99,633 | €94,934 | €83,024 | €67,955 | €28,101 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 50% higher than in 2024 and the highest since 2019. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 74.8% to 53.1%. Equity is higher and debt is lower.
Source: list of holdings in the 2025 accounts of TALKING BOLD. Every holding stands with its own latest accounts.
| VERENIGING VAN MEDEEIGENAARS VAN DE RESIDENTIE MOLENSTRAAT 3 TE 1755 GOOIK
registered office since 06-10-1994 |
founded in 1994 0670.643.152 |
| HACA via CASTATE, no longer at HACA · Director · deed of 25-03-2021 founded in 2021 |
total assets €78,702 (2025) |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Oude Molenstraat 3 registered office 1755 Pajottegem | ||
| Vollezeelsesteenweg 55A 1570 Pajottegem | 03-01-2022 | 2.325.898.266 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23090B0543/00A003 | 1,090 m² | 1 · 196 m² | 0.1 m |
| 23040B0375/00P000 | 133 m² | 1 · 136 m² | 11.8 m · 3 |
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