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CASTELLINO

Active
Public limited companyfounded 1980active for 45 yearsBrugsesteenweg 42, 8531 Harelbeke, BelgiumKBO/BCE: BE 0421.074.822
Summary

CASTELLINO has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €988,012 and a net result of €81,792. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 61% of 5,697 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
6th oldest company in Harelbeke, Real estate sector2 sites
Size
€1.9mtotal assets 2025
Equity
€988,012
Profit
€81,792
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
PLANET · 99.2%
  • PlanetManaging director · permanent representative Vandaele Lieven
  • Vanhoutte TillyDirector
Accounts 23 days early1 of 3 deeds read
Why 89raises riskLiquidity: current ratio 1.49, cash €125lowers riskFounded in 1980Size: total assets €1.9mLegal form: public limited companyShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 57% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 76-8
equity 51.4% of total assets
Liquidity 36+5
short-term debt 33.1% · cash 0.0%
Profitability 74+2
return on assets 4.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,579 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.49, compared with 1.28 in 2024, below the usual 1.5; short-term debt: 33.1% and cash: 0% of total assets), and 48.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 65% on solvency, 28% on liquidity, 68% on profitability and 65% on growth.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.49, cash €125
NBB · annual accounts
lowers risk · Founded in 1980
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €1.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €988,012
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
27 days early
2023
42 days early
2022
28 days early
2021
30 days late
2020
23 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Appointments: Planet (director) and Vanhoutte Tilly…Permanent representative: Vandaele Lieven ·…
  3. Highest result from 2018 to 2025net €81,792 ▲133%

Key points

  • Positive: 6th oldest company in Harelbeke, Real estate sectorin the Checked rankings No. 6 View
  • Positive: 8 profitable years in a rowprofit 2025: €81,792 8 years View
  • Controlled by PLANET 99.2% View
  • New directorslatest change 12-06-2026 · 2 in office 2 joined View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
  • Active since 1980founded 17-12-1980 45 years View

By topic

Financials

Financial year
2025
Total assets
€1.9m
Profit
€81,792
Solvency
51.4%
Total assets▲ 25.4%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
PLANET · 99.2%
  • PlanetManaging director
  • Vanhoutte TillyDirector
Go to Board & ownership

Timeline

Events
47
Since
1982
Next accounts
by 31-07-2027
  1. 04-07-2025Annual accounts filed
  2. 19-06-2024Annual accounts filed
  3. 03-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
17-12-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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