CASTELEYN HORECAMATERIAAL
ActiveSummary
CASTELEYN HORECAMATERIAAL has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.30M and a net result of €78k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-2
Solvency62▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.42 in 2024; short-term debt: 52.7% and cash: 12% of total assets), and 63.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
36.7%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 17-03-2026, 136 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
136 d early
2024
111 d early
2023
135 d early
2022
134 d early
2021
101 d early
2020
60 d early
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.30M▼ 10.4%
2024 · €1.45M
2018: €712k
2019: €882k
2020: €1.35M
2021: €1.73M
2022: €1.68M
2023: €1.39M
2024: €1.45M
2018 → 2025
Total assets
€3.54M▼ 1.3%
2024 · €3.59M
2018: €2.92M
2019: €3.15M
2020: €2.91M
2021: €3.52M
2022: €3.91M
2023: €3.26M
2024: €3.59M
2018 → 2025
Net result
€78k▼ 34.1%
2024 · €118k
2018: €61k
2019: €170k
2020: €463k
2021: €409k
2022: €422k
2023: €159k
2024: €118k
2018 → 2025
Working capital
€532k▼ 23.8%
2024 · €698k
2018: €662k
2019: €-5k
2020: €748k
2021: €1.03M
2022: €969k
2023: €692k
2024: €698k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.73M-€1.68M▼ 3.0%€1.39M▼ 17.1%€1.45M▲ 4.2%€1.30M▼ 10.4%
Operating result€546k-€578k▲ 5.9%€226k▼ 60.9%€173k▼ 23.6%€116k▼ 32.6%
Net result€409k-€422k▲ 3.1%€159k▼ 62.3%€118k▼ 25.9%€78k▼ 34.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.54M
Fixed assets
€1.14M ▼ 7.6%
Current assets
€2.40M ▲ 2.1%
Equity and liabilities €3.54M
Equity
€1.30M ▼ 10.4%
Provisions
€129k ▼ 4.8%
Debt
€2.11M ▲ 5.6%
Debt's share of the balance-sheet total rises from 55.8% to 59.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€243k▼
2024 · €305k
Cash flow
€205k▼
2024 · €250k
Current ratio
1.29▼
2024 · 1.42
Quick ratio
0.55▲
2024 · 0.49
Debt to equity
1.63▲
2024 · 1.38
ROE
6.0%▼
2024 · 8.1%
ROA
2.2%▼
2024 · 3.3%
Interest coverage
25.76▼
2024 · 28.32
Debt ≤ 1 year
€1.87M▲
2024 · €1.65M
Debt > 1 year
€247k▼
2024 · €351k
Income taxes
€43k▼
2024 · €58k
Staff costs
€820k▲
2024 · €748k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 67 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.59M€3.54M▼
Fixed assets21/28€1.24M€1.14M▼
Tangible fixed assets22/27€1.24M€1.14M▼
Land and buildings22€896k€846k▼
Plant, machinery and equipment23€324k€276k▼
Furniture and vehicles24€16k€21k▲
Leasing and similar rights25€2k-
Current assets29/58€2.35M€2.40M▲
Stocks and contracts in progress3€1.54M€1.38M▼
Stocks30/36€1.54M€1.38M▼
Amounts receivable within one year40/41€502k€572k▲
Trade receivables40€434k€484k▲
Other amounts receivable41€68k€89k▲
Cash at bank and in hand54/58€272k€423k▲
Deferred charges and accrued income490/1€30k€22k▼
Equity and liabilities
Total equity and liabilities10/49€3.59M€3.54M▼
Equity10/15€1.45M€1.30M▼
Contributions10/11€2k€2k=
Reserves13€1.45M€1.30M▼
Tax-exempt reserves132€244k€203k▼
Distributable reserves133€1.20M€1.09M▼
Provisions and deferred taxes16€136k€129k▼
Provisions for liabilities and charges160/5€56k€63k▲
Taxes161€56k-
Other liabilities and charges164/5-€63k
Deferred taxes168€80k€66k▼
Amounts payable17/49€2.00M€2.11M▲
Amounts payable after more than one year17€351k€247k▼
Financial debts170/4€351k€247k▼
Amounts payable within one year42/48€1.65M€1.87M▲
Current portion of amounts payable after more than one year42€108k€108k▼
Financial debts43€24k€29k▲
Credit institutions430/8€24k€29k▲
Trade debts44€608k€326k▼
Suppliers440/4€608k€326k▼
Advances received on contracts in progress46€313k€505k▲
Taxes, remuneration and social security45€84k€156k▲
Taxes450/3€888€50k▲
Remuneration and social security454/9€83k€105k▲
Other amounts payable47/48€513k€741k▲
Accrued charges and deferred income492/3€751€751=
Income statement
Code20242025
Non-recurring operating income76A€30k€14k▼
Remuneration, social security and pensions62€748k€820k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€133k€127k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€36-
Provisions for liabilities and charges: additions (uses and reversals)635/8€-4k€7k▲
Other operating charges640/8€18k€20k▲
Non-recurring operating charges66A€130-
Gross operating margin9900€1.07M€1.09M▲
Operating profit (loss)9901€173k€116k▼
Financial income75/76B€493€338▼
Recurring financial income75€493€338▼
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€162k€107k▼
Transfer from deferred taxes780€14k€14k=
Income taxes67/77€58k€43k▼
Profit (loss) for the period9904€118k€78k▼
Transfer from tax-exempt reserves789€41k€41k=
Profit (loss) for the period to be appropriated9905€159k€119k▼
Appropriation of the result
Profit (loss) to be appropriated9906€159k€119k▼
Transfer from equity791/2€60k€228k▲
Transfer to equity691/2€159k€119k▼
To other reserves6921€159k€119k▼
Profit to be distributed694/7€60k€228k▲
Return on contributions (dividend)694€60k€228k▲
Social balance
Average headcount (FTE)90878.911.5▲
The notes to these accounts (19 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
17-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €463k ▲172%
Operating result €610k, net result €463k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.23
Current ratio from 1.00 to 2.23; short-term debt falls from €1.59M to €610k.
31-12
Financial
Equity above €1MEq €1.35M ▲52.4%
3 profitable years in a row build equity to €1.35M.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Middelkerke · 1 establishment unit since 1991
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.
Biezenstraat 28430 MiddelkerkeGround area
4,242 m²
Building footprint
2,150 m²
Volume, LiDAR
12,575 m³
Parcel 35011A0424/00M000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Casteleyn Horecamateriaal
since 19912.052.397.462
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35011A0424/00M000 | Flanders | 4,242 m² | 1 · 2,150 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 7,133 EUR awarded · 327 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 0 EUR |
| 2023 | 1 | 327 EUR | 327 EUR |
| 2022 | 1 | 6,806 EUR | 0 EUR |
Schemes
Ecologiepremie+
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryCASTELEYN HORECAMATERIAAL BV43036
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Of 1,247 companies in sector 46643 we hold annual accounts for 954. 684 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
47540Retail sale of electrical household appliances
47521Retail sale of hardware, building materials, paint and glass (general range)
47552Retail sale of lighting equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.