Active BE 0680.920.895Private limited companyOpen bankruptcy

CASTARD

Brugsesteenweg 292 ·8800 Roeselare, Belgium· 8 yrs active

Sector: Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment) (47716)

Conclusion Checked

A bankruptcy procedure is open for CASTARD according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-150k) and a net result of €-170k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-150k
Net result	€-170k
Staff (FTE)	1
Better than sector	19%

Snowflake analysis 5 of 5 axes measured · computed by Checked

33 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 33

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 26-05-2025 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-15.1%	20.1%	better than 19% of 5714 sector peers
Net result	€-170k	€3k	better than 5% of 5694 sector peers
Equity	€-150k	€15k	better than 5% of 5721 sector peers
Gross operating margin	€-34k	€23k	better than 5% of 5668 sector peers
Staff costs	€12k	€33k	higher than 27% of 2551 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-100k

- 19-23

Net profit

€-170k

- 19-23

Cash flow

€-130k

- 19-23

Total assets

€996k

-6.7% 19-23

Equity

€-150k

- 19-23

Working capital

€-204k

-268.7% 19-23

Employees (FTE)

1

- 19-23

Staff costs

€12k

+118.8% 19-23

Income taxes

€531

+90.4% 19-23

Debt

€1.15M

+9.3% 19-23

Debt ≤ 1y

€412k

+32.2% 19-23

Debt > 1y

€734k

-0.3% 19-23

Current ratio

0.51

-38.6% 19-23

Quick ratio

0.01

-92.4% 19-23

Solvency

-15.1%

- 19-23

Debt / equity

-7.62

- 19-23

ROE

112.8%

+465.4% 19-23

ROA

-17.0%

- 19-23

Interest coverage

-3.40

- 19-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€-100k
Net profit	€-170k
Cash flow	€-130k
Staff costs	€12k
Income taxes	€531
Dividends	-
Total assets	€996k
Equity	€-150k
Debt	€1.15M
of which ≤ 1y	€412k
of which > 1y	€734k
Working capital	€-204k
Employees (FTE)	1.0

Ratios (computed)

	2023
Current ratio	0.51
Quick ratio	0.01
Working capital ratio	-20.5%
Solvency	-15.1%
Debt / equity	-7.62
Long-term debt ratio	-4.88
Interest coverage	-3.40
Gross margin	-
Net margin	-
ROA	-17.0%
ROE	112.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €788k · 79.1% Current assets €208k · 20.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€996k
Fixed assets	21/28	€788k
Intangible fixed assets	21	€0
Tangible fixed assets	22/27	€781k
Financial fixed assets	28	€7k
Current assets	29/58	€208k
Stocks & contracts in progress	3	€204k
Amounts receivable within one year	40/41	€2k
Cash & bank	54/58	€138
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€996k
Equity	10/15	€-150k
Contributions / capital	10/11	€20k
Accumulated profits (losses)	14	€-170k
Amounts payable	17/49	€1.15M
Amounts payable after one year	17	€734k
Amounts payable within one year	42/48	€412k
Trade debts payable within one year	44	€164k
Income statement
Gross operating margin	9900	€-34k
Operating result	9901	€-140k
Financial income	75	€140
Financial charges	65	€29k
Result before taxes	9903	€-169k
Income taxes	67/77	€531
Net result for the period	9904	€-170k
Result to be appropriated	9905	€-170k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	VIRGINIE BAILLEUL PRINSESSESTRAAT 103, 8870 IZEGEM	30-09-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)(47716)
Legal form	Private limited company(610)
Incorporation	12-09-2017
Status	Active
Postal code	8800
First BS signal	06-10-2025
Latest BS signal	06-10-2025

Establishment units 1 location

CASTARD

Brugsesteenweg 292, 8800 RoeselareHandelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer

since 20172.267.710.936

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36015A0957/00A007	Flanders	640 m²	1 · 291 m²	9.0 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

06-10-2025

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Kortrijk · CASTARD BV BRUGSE- STEENWEG 292, 8800 ROESELARE · event 30-09-2025

26-05-2025