CASTELAS
ActiveThe computed 12-month bankruptcy probability of CASTELAS is 1.5% (moderate). The 2025 annual accounts show equity of €57k and a net result of €56k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 62% of 13905 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency84▲+14
Growth68=
Stability94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.43 in 2024), but 53.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.2%
Return on assets
45.2%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 d early
2024
22 d early
2023
28 d early
2022
16 d late
2021
23 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k=
2024 · €57k
2021: €57k
2022: €81k
2023: €57k
2024: €57k
2021 → 2025
Total assets
€123k▼ 16.1%
2024 · €147k
2021: €95k
2022: €140k
2023: €169k
2024: €147k
2021 → 2025
Net result
€56k▼ 12.5%
2024 · €64k
2021: €52k
2022: €24k
2023: €52k
2024: €64k
2021 → 2025
Working capital
€45k▲ 16.3%
2024 · €39k
2021: €15k
2022: €47k
2023: €29k
2024: €39k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€81k▲ 42.5%€57k▼ 29.8%€57k=€57k=
Operating result€79k-€30k▼ 61.4%€69k▲ 127%€83k▲ 20.1%€76k▼ 8.3%
Net result€52k-€24k▼ 53.4%€52k▲ 116%€64k▲ 21.6%€56k▼ 12.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets
€12k▼ 35.5%
Current assets
€112k▼ 13.4%
Equity and liabilities €123k
Equity
€57k=
Debt
€66k▼ 26.3%
The debt ratio falls from 61.2% to 53.8%: debt is paid down.
Key figures and ratios
EBITDA
€85k▼
2024 · €92k
Cash flow
€65k▼
2024 · €73k
Solvency
46.2%▲
2024 · 38.8%
Current ratio
1.69▲
2024 · 1.43
Quick ratio
1.69▲
2024 · 1.43
Debt / equity
1.16▼
2024 · 1.58
ROE
97.8%▼
2024 · 111.8%
ROA
45.2%▲
2024 · 43.4%
Interest coverage
577.72▲
2024 · 364.02
Debt
€66k▼
2024 · €90k
Debt ≤ 1 year
€66k▼
2024 · €90k
Income taxes
€20k▲
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€147k€123k▼
Fixed assets21/28€18k€12k▼
Tangible fixed assets22/27€17k€11k▼
Furniture and vehicles24€17k€11k▼
Financial fixed assets28€650€500▼
Current assets29/58€129k€112k▼
Amounts receivable within one year40/41€11k€41k▲
Trade receivables40€240-
Other amounts receivable41€11k€41k▲
Cash at bank and in hand54/58€116k€70k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€147k€123k▼
Equity10/15€57k€57k=
Contributions10/11€5k€5k=
Reserves13€52k€52k=
Distributable reserves133€52k€52k=
Amounts payable17/49€90k€66k▼
Amounts payable within one year42/48€90k€66k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€24k€15k▼
Taxes450/3€24k€15k▼
Other amounts payable47/48€59k€47k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€725€1k▲
Gross operating margin9900€93k€86k▼
Operating profit (loss)9901€83k€76k▼
Financial income75/76B-€177
Recurring financial income75-€177
Non-recurring financial income76B-€177
Financial charges65/66B€252€148▼
Recurring financial charges65€252€148▼
Profit (loss) for the period before taxes9903€83k€76k▼
Income taxes67/77€19k€20k▲
Profit (loss) for the period9904€64k€56k▼
Profit (loss) for the period to be appropriated9905€64k€56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€56k▼
Transfer to equity691/2€64k-
To contributions691€64k-
Profit to be distributed694/7-€56k
Return on contributions (dividend)694-€56k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €64k ▲21.6%
Operating result €83k, net result €64k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Weakest financial yearnet €24k ▼53.4%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene · 2 establishment units since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 2311050 ElseneGround area
9,201 m²
Building footprint
5,756 m²
Volume, LiDAR
130,454 m³
2 parcels, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
CASTELAS
since 20212.317.846.771
Yes We Find
since 20222.340.931.682
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IKSEL
BE 0553.650.264
Sint-Gillis (bij-Brussel) · Eq €57k
STAY REAL ESTATE
BE 0769.283.145
Zoersel · Eq €57k
FRANÇOIS & PARTNERS VASTGOED
BE 0756.600.889
Aalst · Eq €57k
CITYMMO
BE 0824.439.820
Anderlecht · Eq €57k
KPM Properties
BE 0804.314.793
Elsene · Eq €57k
Of 11,702 companies in sector 68310 we hold annual accounts for 6,876. 4,939 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-05-2021
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68312Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
82990Other business support services
90032Arts creation and performing arts activities
90120Visual arts creation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:bdekerchove@gmail.com
Phone:0479883080