CASTIVA
ActiveSummary
CASTIVA has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €398,231 and a net result of €66,026. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 69% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+1
Solvency99▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 3.66 against 32.53 in 2024; short-term debt: 26.1% and cash: 43.9% of total assets), and 26.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
73.9%
Return on assets
12.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
2 d early
2023
6 d early
2022
6 d early
2021
3 d early
2020
3 d early
2019
10 d 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 5 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€398,231▼ 13.8%
2024 · €461,990
Total assets
€538,658▲ 13.2%
2024 · €475,673
Net result
€66,026▲ 20.9%
2024 · €54,631
Working capital
€373,442▼ 11.3%
2024 · €420,967
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€100,956-€101,158▲ 0.2%€83,180▼ 17.8%€73,616▼ 11.5%€86,409▲ 17.4%
Net result€70,971-€69,771▼ 1.7%€59,462▼ 14.8%€54,631▼ 8.1%€66,026▲ 20.9%
Equity€333,127-€402,898▲ 20.9%€407,360▲ 1.1%€461,990▲ 13.4%€398,231▼ 13.8%
Total assets€355,288-€427,672▲ 20.4%€422,830▼ 1.1%€475,673▲ 12.5%€538,658▲ 13.2%
Debt€22,161-€24,774▲ 11.8%€15,471▼ 37.6%€13,683▼ 11.6%€140,427▲ 926%
Working capital€253,728-€336,724▲ 32.7%€352,819▲ 4.8%€420,967▲ 19.3%€373,442▼ 11.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €538,658
Fixed assets
€24,831 ▼ 40.0%
Current assets
€513,827 ▲ 18.3%
Equity and liabilities €538,658
Equity
€398,231 ▼ 13.8%
Debt
€140,427 ▲ 926%
Debt's share of the balance-sheet total rises from 2.9% to 26.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€102,933▲
2024 · €90,637
Cash flow
€82,550▲
2024 · €71,651
Current ratio
3.66▼
2024 · 32.53
Debt to equity
0.35▲
2024 · 0.03
ROE
16.6%▲
2024 · 11.8%
ROA
12.3%▲
2024 · 11.5%
Interest coverage
329.94▼
2024 · 388.95
Debt ≤ 1 year
€140,385▲
2024 · €13,351
Income taxes
€26,249▲
2024 · €21,986
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,314 | €20,700 | €20,741 | €17,020 | €16,525 | ▼ 2.9% |
| Other operating charges640/8 | - | €2,699 | €3,195 | €2,817 | €2,797 | ▼ 0.7% |
| Non-recurring operating charges66A | - | €0 | €231 | €0 | - | - |
| Gross operating margin9900 | €114,061 | €124,557 | €107,347 | €93,454 | €105,730 | ▲ 13.1% |
| Operating profit (loss)9901 | €100,956 | €101,158 | €83,180 | €73,616 | €86,409 | ▲ 17.4% |
| Financial income75/76B | - | €103 | €536 | €3,233 | €6,178 | ▲ 91.1% |
| Recurring financial income75 | €15 | €103 | €536 | €3,233 | €6,178 | ▲ 91.1% |
| Financial charges65/66B | - | €192 | €206 | €233 | €312 | ▲ 33.9% |
| Recurring financial charges65 | €152 | €192 | €206 | €233 | €312 | ▲ 33.9% |
| Profit (loss) for the period before taxes9903 | €100,819 | €101,069 | €83,510 | €76,617 | €92,274 | ▲ 20.4% |
| Income taxes67/77 | €29,848 | €31,299 | €24,048 | €21,986 | €26,249 | ▲ 19.4% |
| Profit (loss) for the period9904 | €70,971 | €69,771 | €59,462 | €54,631 | €66,026 | ▲ 20.9% |
| Transfer from tax-exempt reserves789 | - | €11,705 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €73,238 | €81,476 | €59,462 | €54,631 | €66,026 | ▲ 20.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €355,288 | €427,672 | €422,830 | €475,673 | €538,658 | ▲ 13.2% |
| Fixed assets21/28 | €79,485 | €66,410 | €54,666 | €41,355 | €24,831 | ▼ 40.0% |
| Tangible fixed assets22/27 | €79,485 | €66,410 | €54,666 | €41,355 | €24,831 | ▼ 40.0% |
| Land and buildings22 | - | €3,200 | €2,666 | €2,133 | €1,600 | ▼ 25.0% |
| Plant, machinery and equipment23 | - | €8,569 | €7,502 | €6,435 | €5,368 | ▼ 16.6% |
| Furniture and vehicles24 | - | €54,642 | €44,498 | €32,788 | €17,863 | ▼ 45.5% |
| Current assets29/58 | €275,803 | €361,262 | €368,164 | €434,318 | €513,827 | ▲ 18.3% |
| Amounts receivable within one year40/41 | €48,115 | €46,109 | €37,373 | €16,095 | €22,415 | ▲ 39.3% |
| Trade receivables40 | - | €46,029 | €36,784 | €15,518 | €22,415 | ▲ 44.4% |
| Other amounts receivable41 | - | €80 | €589 | €577 | €0 | ▼ 100% |
| Current investments50/53 | - | - | €85,000 | €100,000 | €252,500 | ▲ 153% |
| Cash at bank and in hand54/58 | €226,014 | €313,291 | €243,940 | €316,377 | €236,628 | ▼ 25.2% |
| Deferred charges and accrued income490/1 | - | €1,861 | €1,851 | €1,846 | €2,283 | ▲ 23.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €355,288 | €427,672 | €422,830 | €475,673 | €538,658 | ▲ 13.2% |
| Equity10/15 | €333,127 | €402,898 | €407,360 | €461,990 | €398,231 | ▼ 13.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €314,527 | €384,298 | €388,760 | €443,390 | €379,631 | ▼ 14.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Tax-exempt reserves132 | - | €352 | €352 | €352 | €352 | = |
| Distributable reserves133 | - | €382,086 | €386,548 | €443,038 | €379,279 | ▼ 14.4% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €22,161 | €24,774 | €15,471 | €13,683 | €140,427 | ▲ 926% |
| Amounts payable within one year42/48 | €22,075 | €24,537 | €15,345 | €13,351 | €140,385 | ▲ 952% |
| Trade debts44 | €333 | €463 | €716 | €2,643 | €1,120 | ▼ 57.6% |
| Suppliers440/4 | - | €463 | €716 | €2,643 | €1,120 | ▼ 57.6% |
| Taxes, remuneration and social security45 | - | €23,702 | €14,630 | €10,708 | €16,542 | ▲ 54.5% |
| Taxes450/3 | - | €23,702 | €14,630 | €10,708 | €16,542 | ▲ 54.5% |
| Other amounts payable47/48 | - | €373 | €0 | - | €122,723 | - |
| Accrued charges and deferred income492/3 | - | €237 | €125 | €332 | €42 | ▼ 87.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70,971 | €69,771 | €59,462 | €54,631 | €66,026 | ▲ 20.9% |
| + Depreciation and write-downs630 | €9,314 | €20,700 | €20,741 | €17,020 | €16,525 | ▼ 2.9% |
| Operating cash flow (approximation) | €80,285 | €90,470 | €80,203 | €71,651 | €82,550 | ▲ 15.2% |
| Investment in fixed assets (approximation) | - | -€7,625 | -€8,997 | -€3,710 | €0 | ▲ 100% |
| Change in cash | - | €87,277 | -€69,351 | €72,436 | -€79,748 | ▼ 210% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €54,631 ▼8.1%
Net result drops to €54,631, the lowest in the series; recovery starts the following year.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €70,971 ▲21.5%
Net result €70,971, the highest in the series.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Dendermonde · 1 establishment unit since 2001
Ground area
1,119 m²
Building footprint
202 m²
Volume, LiDAR
904 m³
Parcel 42001A0113/00E000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hoofdstraat (APP) 159, 9200 Dendermonde
since 20012.100.141.357
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42001A0113/00E000 | Flanders | 1,119 m² | 1 · 202 m² | 9.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 36,414 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-02-2001
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
47400Retail sale of information and communication equipment
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474005148
Also
9925:BE0474005148
Registered
15-07-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.