Castelbuild
Castelbuild is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.13M and a net result of €-2.34M. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 51% of 1400 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.13M |
| Net result | €-2.34M |
| Better than sector | 51% |
| Active | 8 yrs |
Fragile profile, watch health in particular.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.7% | 37.2% | |
| Net result | €-2.34M | €46k | |
| Equity | €2.13M | €362k | |
| Gross operating margin | €-87k | €66k | |
| Employees (FTE) | 0.0 | 0.0 |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-2.34M |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €5.65M |
| Equity | €2.13M |
| Debt | €3.52M |
| of which ≤ 1y | €3.52M |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | 0.0 |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 37.7% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -41.4% |
| ROE | -109.9% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.65M |
| Fixed assets | 21/28 | €4.00M |
| Financial fixed assets | 28 | €4.00M |
| Current assets | 29/58 | €1.65M |
| Amounts receivable within one year | 40/41 | €1.64M |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.65M |
| Equity | 10/15 | €2.13M |
| Contributions / capital | 10/11 | €100k |
| Reserves | 13 | €29k |
| Amounts payable | 17/49 | €3.52M |
| Amounts payable within one year | 42/48 | €3.52M |
| Trade debts payable within one year | 44 | €2.64M |
| Income statement | ||
| Gross operating margin | 9900 | €-87k |
| Operating result | 9901 | €-88k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-2.34M |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-2.34M |
| Result to be appropriated | 9905 | €-2.34M |
| NACE primary | Financial services(64210) |
| Legal form | Public limited company(014) |
| Incorporation | 21-09-2017 |
| Status | Active |
| Postal code | 2018 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373K0759/00P005 | Flanders | 1.1 ha | 1 · 102 m² | 10.1 m · 3 fl. |
| 11806F1488/00T008 | Flanders | 475 m² | 1 · 170 m² | 18.1 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-06-2025 2 resigning
- Jelle Geerits, Bestuurder
- Jan Van der Beke, Vaste vertegenwoordiger
Technical details
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}02-02-2024 6 directors appointed, 2 resigning correction
- Jan Van der Beke, Vaste vertegenwoordiger
- Tim Nagels, Vaste vertegenwoordiger
- Jelle Geerits, Vaste vertegenwoordiger
- Mazars Bedrijfsrevisoren BV, Commissaris
- Astrea CV, Commissaris
- Frédéric Verspreeuwen, Bijzonder gevolmachtigd
- Sirius B, Gedelegeerd bestuurder
- Jelle Geerits, Gedelegeerd bestuurder
Technical details
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}17-01-2024 3 directors appointed, 3 resigning
- Tim Nagels, Vaste vertegenwoordiger
- Jelle Geerits, Vaste vertegenwoordiger
- Jan Van der Beke, Vaste vertegenwoordiger
- Castelmore Group, Bestuurder
- Castelmore, Bestuurder
- Castelmore re, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Castelbuild |