CASTARD
Open bankruptcyA bankruptcy procedure is open for CASTARD according to publications in the Belgian State Gazette; curator: VIRGINIE BAILLEUL.
Summary
The 2023 annual accounts show negative equity (-€150,333) and a net result of -€169,509.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Kortrijk division
- Declared bankrupt
- 30 September 2025
- Supervising judge
- Dirk Coussee
- Official Gazette
- 06-10-2025 (pdf) ↗search the document for 2025/140087
Curator
- Virginie BailleulPrinsessestraat 103, 8870 Izegemvirginie.bailleul@skynet.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Retail sale of clothing and accessories for women, men, children and babies (general range) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€150,333
2022 · €19,176
Total assets
€995,659▼ 6.7%
2022 · €1.1m
Net result
-€169,509
2022 · €3,825
Working capital
-€203,764▼ 269%
2022 · -€55,273
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€268-€4,913▲ 1,734%€15,801▲ 222%€30,612▲ 93.7%-€139,700
Net result-€7,494--€707▲ 90.6%€3,553€3,825▲ 7.6%-€169,509
Equity€12,506-€11,799▼ 5.7%€15,351▲ 30.1%€19,176▲ 24.9%-€150,333
Total assets€290,406-€277,346▼ 4.5%€1.1m▲ 315%€1.1m▼ 7.2%€995,659▼ 6.7%
Debt€277,900-€265,548▼ 4.4%€1.1m▲ 327%€1.0m▼ 7.6%€1.1m▲ 9.3%
Working capital€37,493-€33,402▼ 10.9%-€8,156-€55,273▼ 578%-€203,764▼ 269%
Staff (FTE)1
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2021 Total assets +315% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €139,700 after €30,612 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €995,659
Fixed assets
€787,536 ▼ 2.9%
Current assets
€208,123 ▼ 18.8%
Key figures and ratios
EBITDA
-€100,111▼
2022 · €77,213
Cash flow
-€129,919▼
2022 · €50,425
Solvency
-15.1%▼
2022 · 1.8%
Current ratio
0.51▼
2022 · 0.82
Quick ratio
0.01▼
2022 · 0.14
Debt to equity
-7.62▼
2022 · 54.66
ROA
-17.0%▼
2022 · 0.4%
Interest coverage
-3.40▼
2022 · 2.88
Debt ≤ 1 year
€411,887▲
2022 · €311,647
Debt > 1 year
€734,106▼
2022 · €736,464
Income taxes
€531▲
2022 · €279
Staff costs
€11,865▲
2022 · €5,424
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €5,424 | €11,865 | ▲ 119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,701 | €16,303 | €23,890 | €46,601 | €39,590 | ▼ 15.0% |
| Other operating charges640/8 | - | - | - | €4,789 | €54,168 | ▲ 1,031% |
| Gross operating margin9900 | €44,059 | €21,518 | €41,105 | €87,425 | -€34,078 | ▼ 139% |
| Operating profit (loss)9901 | €268 | €4,913 | €15,801 | €30,612 | -€139,700 | ▼ 556% |
| Financial income75/76B | - | - | - | €308 | €140 | ▼ 54.6% |
| Recurring financial income75 | €376 | €491 | €209 | €308 | €140 | ▼ 54.6% |
| Financial charges65/66B | - | - | - | €26,816 | €29,417 | ▲ 9.7% |
| Recurring financial charges65 | €8,138 | €6,111 | €12,340 | €26,816 | €29,417 | ▲ 9.7% |
| Profit (loss) for the period before taxes9903 | -€7,494 | -€707 | €3,671 | €4,104 | -€168,977 | ▼ 4,218% |
| Income taxes67/77 | - | - | €118 | €279 | €531 | ▲ 90.4% |
| Profit (loss) for the period9904 | -€7,494 | -€707 | €3,553 | €3,825 | -€169,509 | ▼ 4,532% |
| Profit (loss) for the period to be appropriated9905 | -€7,494 | -€707 | €3,553 | €3,825 | -€169,509 | ▼ 4,532% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €290,406 | €277,346 | €1.1m | €1.1m | €995,659 | ▼ 6.7% |
| Fixed assets21/28 | €50,815 | €37,012 | €777,365 | €810,913 | €787,536 | ▼ 2.9% |
| Intangible fixed assets21 | €10,144 | €6,144 | €2,144 | €0 | €0 | - |
| Tangible fixed assets22/27 | €33,671 | €23,868 | €768,221 | €803,913 | €780,536 | ▼ 2.9% |
| Land and buildings22 | - | - | - | €803,913 | €765,476 | ▼ 4.8% |
| Plant, machinery and equipment23 | - | - | - | - | €15,060 | - |
| Furniture and vehicles24 | - | - | - | €0 | - | - |
| Other tangible fixed assets26 | - | - | - | €0 | - | - |
| Financial fixed assets28 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Current assets29/58 | €239,590 | €240,334 | €372,532 | €256,374 | €208,123 | ▼ 18.8% |
| Stocks and contracts in progress3 | €202,419 | €199,763 | €193,422 | €213,850 | €203,850 | ▼ 4.7% |
| Stocks30/36 | - | - | - | €213,850 | €203,850 | ▼ 4.7% |
| Amounts receivable within one year40/41 | €22,523 | €31,469 | €74,199 | €36,283 | €2,156 | ▼ 94.1% |
| Trade receivables40 | - | - | - | €32,806 | €1,207 | ▼ 96.3% |
| Other amounts receivable41 | - | - | - | €3,477 | €950 | ▼ 72.7% |
| Cash at bank and in hand54/58 | €14,648 | €9,102 | €102,919 | €4,800 | €138 | ▼ 97.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,441 | €1,979 | ▲ 37.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €290,406 | €277,346 | €1.1m | €1.1m | €995,659 | ▼ 6.7% |
| Equity10/15 | €12,506 | €11,799 | €15,351 | €19,176 | -€150,333 | ▼ 884% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€7,494 | -€8,201 | -€4,649 | -€824 | -€170,333 | ▼ 20,572% |
| Amounts payable17/49 | €277,900 | €265,548 | €1.1m | €1.0m | €1.1m | ▲ 9.3% |
| Amounts payable after more than one year17 | €75,802 | €58,615 | €753,858 | €736,464 | €734,106 | ▼ 0.3% |
| Financial debts170/4 | - | - | - | €736,464 | €734,106 | ▼ 0.3% |
| Amounts payable within one year42/48 | €202,097 | €206,932 | €380,688 | €311,647 | €411,887 | ▲ 32.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €72,343 | €59,021 | ▼ 18.4% |
| Financial debts43 | - | - | - | €130,000 | €135,197 | ▲ 4.0% |
| Credit institutions430/8 | - | - | - | €130,000 | €135,197 | ▲ 4.0% |
| Trade debts44 | €73,094 | €73,379 | €217,527 | €71,378 | €163,582 | ▲ 129% |
| Suppliers440/4 | - | - | - | €71,378 | €163,582 | ▲ 129% |
| Taxes, remuneration and social security45 | - | - | - | €28,051 | €15,253 | ▼ 45.6% |
| Taxes450/3 | - | - | - | €25,252 | €11,446 | ▼ 54.7% |
| Remuneration and social security454/9 | - | - | - | €2,799 | €3,807 | ▲ 36.0% |
| Other amounts payable47/48 | - | - | - | €9,875 | €38,832 | ▲ 293% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,494 | -€707 | €3,553 | €3,825 | -€169,509 | ▼ 4,532% |
| + Depreciation and write-downs630 | €37,701 | €16,303 | €23,890 | €46,601 | €39,590 | ▼ 15.0% |
| Operating cash flow (approximation) | €30,207 | €15,596 | €27,443 | €50,425 | -€129,919 | ▼ 358% |
| Investment in fixed assets (approximation) | - | -€2,500 | -€764,243 | -€80,149 | -€16,213 | ▲ 79.8% |
| Change in cash | - | -€5,546 | €93,817 | -€98,119 | -€4,662 | ▲ 95.2% |
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
2025
06-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 30-09-2025
26-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 573 days late
2023
31-03
Financial
Weakest financial yearnet -€169,509
Net result drops to -€169,509, the lowest in the series.
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €3,825 ▲7.6%
Operating result €30,612, net result €3,825, both a record.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €3,553
Net result €3,553 after 2 loss-making years.
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Roeselare · 1 establishment unit since 2017
Ground area
640 m²
Building footprint
291 m²
Volume, LiDAR
1,109 m³
Parcel 36015A0957/00A007, Flanders · tallest building 9.0 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CASTARD
since 20172.267.710.936
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0957/00A007 | Flanders | 640 m² | 1 · 291 m² | 9.0 m · 1 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VIRGINIE BAILLEUL PRINSESSESTRAAT 103,
8870 IZEGEM |
30-09-2025 → present |
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,439. 1,554 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
Founded12-09-2017
Fiscal year end31-03
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47554Retail trade
47713Retail trade
Contact
E-mail
info@castard.beRoeselare
E-invoicing
Reachable via Peppol
Peppol ID
0208:0680920895
Registered
12-06-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.