CASUAL MANAGEMENT
ActiveCASUAL MANAGEMENT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €507k and a net result of €26k. Equity is shrinking by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +42 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▲+26
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 6.72 against 8.67 in 2024), and 25.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
74.2%
Return on assets
3.9%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
23 d early
2023
9 d early
2022
20 d early
2021
19 d early
2020
31 d late
2019
25 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€507k▲ 1.5%
2024 · €500k
2018: €884k
2019: €885k
2020: €852k
2021: €743k
2022: €781k
2023: €517k
2024: €500k
2018 → 2025
Total assets
€684k▲ 2.1%
2024 · €670k
2018: €1.58M
2019: €1.51M
2020: €1.45M
2021: €1.30M
2022: €1.27M
2023: €742k
2024: €670k
2018 → 2025
Net result
€26k
2024 · €-17k
2018: €-58k
2019: €2k
2020: €-34k
2021: €-105k
2022: €39k
2023: €259k
2024: €-17k
2018 → 2025
Working capital
€341k▲ 2.7%
2024 · €332k
2018: €9k
2019: €38k
2020: €9k
2021: €135k
2022: €55k
2023: €154k
2024: €332k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€743k-€781k▲ 5.2%€517k▼ 33.8%€500k▼ 3.4%€507k▲ 1.5%
Operating result€-83k-€11k€347k▲ 3,030%€-14k€40k
Net result€-105k-€39k€259k▲ 572%€-17k€26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €40k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €684k
Fixed assets
€283k▼ 3.9%
Current assets
€401k▲ 6.8%
Equity and liabilities €684k
Equity
€507k▲ 1.5%
Provisions
€78k=
Debt
€98k▲ 7.1%
The debt ratio rises from 13.7% to 14.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€57k▲
2024 · €3k
Cash flow
€44k▲
2024 · €-299
Solvency
74.2%▼
2024 · 74.6%
Current ratio
6.72▼
2024 · 8.67
Quick ratio
6.72▼
2024 · 8.67
Debt / equity
0.19▲
2024 · 0.18
ROE
5.2%▲
2024 · -3.5%
ROA
3.9%▲
2024 · -2.6%
Interest coverage
20.00▲
2024 · 1.02
Debt
€98k▲
2024 · €92k
Debt ≤ 1 year
€60k▲
2024 · €43k
Debt > 1 year
€39k▼
2024 · €48k
Income taxes
€11k▲
2024 · €405
Staff costs
€38k▲
2024 · €16k
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€670k€684k▲
Fixed assets21/28€294k€283k▼
Tangible fixed assets22/27€293k€282k▼
Land and buildings22€289k€273k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€3k€6k▲
Financial fixed assets28€770€770=
Current assets29/58€376k€401k▲
Amounts receivable after more than one year29€196k€232k▲
Other amounts receivable291€196k€232k▲
Amounts receivable within one year40/41€70k€43k▼
Trade receivables40€30k€32k▲
Other amounts receivable41€40k€11k▼
Cash at bank and in hand54/58€100k€114k▲
Deferred charges and accrued income490/1€10k€12k▲
Equity and liabilities
Total equity and liabilities10/49€670k€684k▲
Equity10/15€500k€507k▲
Contributions10/11€20k€1k▼
Reserves13€561k€588k▲
Tax-exempt reserves132€280k€280k=
Distributable reserves133€282k€308k▲
Profit (loss) carried forward14€-82k€-82k=
Provisions and deferred taxes16€78k€78k=
Deferred taxes168€78k€78k=
Amounts payable17/49€92k€98k▲
Amounts payable after more than one year17€48k€39k▼
Financial debts170/4€48k€39k▼
Amounts payable within one year42/48€43k€60k▲
Current portion of amounts payable after more than one year42€12k€10k▼
Trade debts44€20k€21k▲
Suppliers440/4€20k€21k▲
Taxes, remuneration and social security45€11k€28k▲
Taxes450/3€8k€23k▲
Remuneration and social security454/9€3k€5k▲
Accrued charges and deferred income492/3€246-
Income statement
Code20242025
Remuneration, social security and pensions62€16k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€1k€569▼
Gross operating margin9900€20k€96k▲
Operating profit (loss)9901€-14k€40k▲
Financial income75/76B€35€29▼
Recurring financial income75€35€29▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-17k€37k▲
Income taxes67/77€405€11k▲
Profit (loss) for the period9904€-17k€26k▲
Profit (loss) for the period to be appropriated9905€-17k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-82k€-55k▲
Profit (loss) brought forward from the previous period14P€-64k€-82k▼
Transfer to equity691/2-€26k
To other reserves6921-€26k
The notes to these accounts (8 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Equity above €500kEq €507k ▲1.5%
Equity rises from €500k to €507k.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 8.67
Current ratio from 2.77 to 8.67; short-term debt falls from €87k to €43k.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €259k ▲572%
Operating result €347k, net result €259k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €39k
Net result €39k after 2 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-105k
Net result drops to €-105k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
05-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 309 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Dalhem · 1 establishment unit since 2004
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.
Rue Joseph Muller(WAR) 354608 DalhemGround area
1,928 m²
Building footprint
99 m²
Volume, LiDAR
617 m³
Parcel 62114A0273/00E002, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CASUAL MANAGEMENT
since 20042.137.361.247
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62114A0273/00E002 | Wallonia | 1,928 m² | 1 · 99 m² | 7.2 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.
Similar companies · same sector, comparable size
IMMO MOUSQUETAIRES BELGIUM
BE 0846.449.021
Ottignies-Louvain-la-Neuve · Eq €507k
BPG Project
BE 0837.955.383
Watermaal-Bosvoorde · Eq €508k
DANNYBEL
BE 0479.419.233
Oostende · Eq €508k
COFIM
BE 0466.122.018
Ferrières · Eq €506k
GGRE
BE 1003.515.181
Elsene · Eq €506k
Of 11,708 companies in sector 68310 we hold annual accounts for 6,875. 4,544 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2004
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
70311
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.