CASTLE INGREDIENTS
ActiveCASTLE INGREDIENTS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.85M and a net result of €-3.14M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▲+10
Solvency57▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.07 in 2024; short-term debt: 15.2% and cash: 0.7% of total assets), and 68.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
31.9%
Return on assets
-7.2%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-3.14M
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
15 d early
2023
87 d late
2022
47 d late
2021
40 d late
2020
12 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3.14M▲ 19.2%
2024 · €-3.89M
2018: €91k
2019: €225k
2020: €360k
2021: €1.24M
2022: €108k
2023: €-3.69M
2024: €-3.89M
2018 → 2025
Working capital
€1.10M▲ 60.7%
2024 · €686k
2018: €112k
2019: €343k
2020: €615k
2021: €-2.43M
2022: €-7.15M
2023: €-7.31M
2024: €686k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.98M-€2.06M▲ 4.4%€8.53M▲ 314%€17.38M▲ 104%€13.85M▼ 20.3%
Operating result€1.66M-€145k▼ 91.3%€-3.41M€-3.27M▲ 4.1%€-2.57M▲ 21.5%
Net result€1.24M-€108k▼ 91.3%€-3.69M€-3.89M▼ 5.3%€-3.14M▲ 19.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.57M in 2025 against €3.27M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43.48M
Fixed assets
€35.79M▲ 0.2%
Current assets
€7.69M▼ 25.4%
Equity and liabilities €43.48M
Equity
€13.85M▼ 20.3%
Debt
€29.63M▲ 3.4%
The debt ratio rises from 62.2% to 68.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.02M▲
2024 · €-91k
Cash flow
€446k▲
2024 · €-707k
Solvency
31.9%▼
2024 · 37.8%
Current ratio
1.17▲
2024 · 1.07
Quick ratio
0.70▼
2024 · 0.80
Debt / equity
2.14▲
2024 · 1.65
ROE
-22.7%▼
2024 · -22.4%
ROA
-7.2%▲
2024 · -8.4%
Interest coverage
1.02▲
2024 · -0.12
Debt
€29.63M▲
2024 · €28.65M
Debt ≤ 1 year
€6.59M▼
2024 · €9.62M
Debt > 1 year
€22.82M▲
2024 · €18.97M
Income taxes
€2k▲
2024 · €1k
Staff costs
€1.11M▲
2024 · €1.02M
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€46.03M€43.48M▼
Fixed assets21/28€35.73M€35.79M▲
Intangible fixed assets21€102k€90k▼
Tangible fixed assets22/27€35.62M€35.30M▼
Land and buildings22€22.21M€22.59M▲
Plant, machinery and equipment23€11.38M€11.77M▲
Furniture and vehicles24€344k€322k▼
Leasing and similar rights25€680€206▼
Other tangible fixed assets26€10k€9k▼
Assets under construction and advance payments27€1.68M€617k▼
Financial fixed assets28-€400k
Current assets29/58€10.31M€7.69M▼
Stocks and contracts in progress3€2.58M€3.11M▲
Stocks30/36€2.58M€3.11M▲
Amounts receivable within one year40/41€4.86M€4.14M▼
Trade receivables40€681k€1.44M▲
Other amounts receivable41€4.18M€2.70M▼
Cash at bank and in hand54/58€2.67M€310k▼
Deferred charges and accrued income490/1€200k€132k▼
Equity and liabilities
Total equity and liabilities10/49€46.03M€43.48M▼
Equity10/15€17.38M€13.85M▼
Contributions10/11€18.99M€18.99M=
Capital10€18.99M€18.99M=
Issued capital100€18.99M€18.99M=
Reserves13€730k€730k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€427k€427k=
Distributable reserves133€298k€298k=
Profit (loss) carried forward14€-6.31M€-9.45M▼
Investment grants15€3.97M€3.58M▼
Amounts payable17/49€28.65M€29.63M▲
Amounts payable after more than one year17€18.97M€22.82M▲
Financial debts170/4€18.97M€17.31M▼
Other amounts payable178/9-€5.51M
Amounts payable within one year42/48€9.62M€6.59M▼
Current portion of amounts payable after more than one year42€1.62M€1.67M▲
Financial debts43-€2.00M
Credit institutions430/8-€2.00M
Trade debts44€1.10M€2.13M▲
Suppliers440/4€1.10M€2.13M▲
Advances received on contracts in progress46-€171k
Taxes, remuneration and social security45€189k€203k▲
Taxes450/3€13k€15k▲
Remuneration and social security454/9€176k€187k▲
Other amounts payable47/48€6.71M€419k▼
Accrued charges and deferred income492/3€60k€227k▲
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Remuneration, social security and pensions62€1.02M€1.11M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.18M€3.59M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k€0▲
Other operating charges640/8€160k€151k▼
Non-recurring operating charges66A€30k€0▼
Gross operating margin9900€1.11M€2.28M▲
Operating profit (loss)9901€-3.27M€-2.57M▲
Financial income75/76B€119k€424k▲
Recurring financial income75€119k€424k▲
Financial charges65/66B€734k€993k▲
Recurring financial charges65€734k€993k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-3.89M€-3.14M▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€-3.89M€-3.14M▲
Transfer from tax-exempt reserves789€298k€0▼
Profit (loss) for the period to be appropriated9905€-3.59M€-3.14M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6.01M€-9.45M▼
Profit (loss) brought forward from the previous period14P€-2.42M€-6.31M▼
Transfer to equity691/2€298k€0▼
To other reserves6921€298k€0▼
Social balance
Average headcount (FTE)908715.215.1▼
The notes to these accounts (33 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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
2025
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Weakest financial yearnet €-3.89M
Net result drops to €-3.89M, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 1.07
Current ratio from 0.47 to 1.07; short-term debt falls from €13.76M to €9.62M.
30-09
Financial
Equity above €10MEq €17.38M ▲104%
Equity rises from €8.53M to €17.38M.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 87 days late
2023
30-09
Financial
Equity above €5MEq €8.53M ▲314%
Equity rises from €2.06M to €8.53M.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 47 days late
2022
30-09
Financial
Equity above €2MEq €2.06M ▲4.4%
5 profitable years in a row build equity to €2.06M.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 40 days late
2021
30-09
Financial
Highest result since 2018net €1.24M ▲244%
Operating result €1.66M, net result €1.24M, both a record.
30-09
Financial
Equity above €1MEq €1.98M ▲163%
4 profitable years in a row build equity to €1.98M.
12-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 12 days late
2020
30-09
Financial
Equity above €500kEq €750k ▲87.4%
3 profitable years in a row build equity to €750k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Equity above €200kEq €400k ▲123%
2 profitable years in a row build equity to €400k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 57 days late
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Verviers · 2 establishment units since 2015
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.
Chemin du Couloury 14800 VerviersGround area
3.8 ha
Building footprint
1.3 ha
Volume, LiDAR
1,538 m³
3 parcels, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rue de Rémersdael 105/107, 4852 Plombières
since 20152.248.017.560
CASTLE INGREDIENTS
since 20232.351.590.695
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63037C0292/00B002 | Wallonia | 2.9 ha | 1 · 1.1 ha | - |
| 63048G0036/00B000 | Wallonia | 8,942 m² | 1 · 2,022 m² | - |
| 63043A0160/00B000 | Wallonia | 180 m² | 1 · 189 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLontzen2.351.590.695
Plombières2.248.017.560
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Of 1,428 companies in sector 46389 we hold annual accounts for 855. 158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-10-2015
Fiscal year end30-09
Activities, NACEBEL
10510Manufacture of food products
46389Wholesale of other food products
10391Manufacture of food products
10392Manufacture of food products
10610Manufacture of food products
10890Manufacture of food products
46319Wholesale of fruit and vegetables, excluding potatoes
47279Other retail sale of food
47299Retail trade
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.