CASYX
ActiveCASYX has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €-27k. Equity is shrinking by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 20% of 9098 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
15
/ 100
Critical▼ -36 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency2▼-2
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.37 in 2024), and 97.5% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.5%
Return on assets
-4.1%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9098 sector peers (2025).
NBB · sector comparisonPosition among 9098 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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
10 d late
2024
29 d early
2023
13 d late
2022
27 d early
2021
31 d late
2020
37 d late
2019
16 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€17k▼ 62.3%
2024 · €44k
2018: €75k
2019: €102k
2020: €113k
2021: €107k
2022: €123k
2023: €32k
2024: €44k
2018 → 2025
Total assets
€676k▼ 12.7%
2024 · €774k
2018: €352k
2019: €332k
2020: €328k
2021: €698k
2022: €662k
2023: €823k
2024: €774k
2018 → 2025
Net result
€-27k
2024 · €12k
2018: €13k
2019: €27k
2020: €11k
2021: €-7k
2022: €16k
2023: €-53k
2024: €12k
2018 → 2025
Working capital
€-215k▼ 149%
2024 · €-87k
2018: €19k
2019: €35k
2020: €27k
2021: €5k
2022: €26k
2023: €-70k
2024: €-87k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€107k-€123k▲ 15.2%€32k▼ 73.9%€44k▲ 37.2%€17k▼ 62.3%
Operating result€5k-€30k▲ 532%€-27k€45k€7k▼ 83.6%
Net result€-7k-€16k€-53k€12k€-27k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 84% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €676k
Fixed assets
€637k▼ 12.0%
Current assets
€39k▼ 22.3%
Equity and liabilities €676k
Equity
€17k▼ 62.3%
Debt
€659k▼ 9.7%
The debt ratio rises from 94.3% to 97.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€94k▼
2024 · €132k
Cash flow
€60k▼
2024 · €99k
Solvency
2.5%▼
2024 · 5.7%
Current ratio
0.15▼
2024 · 0.37
Quick ratio
0.15▼
2024 · 0.37
Debt / equity
39.81▲
2024 · 16.61
ROE
-165.5%▼
2024 · 27.1%
ROA
-4.1%▼
2024 · 1.5%
Interest coverage
2.72▼
2024 · 4.01
Debt
€659k▼
2024 · €730k
Debt ≤ 1 year
€254k▲
2024 · €136k
Debt > 1 year
€405k▼
2024 · €594k
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€774k€676k▼
Fixed assets21/28€724k€637k▼
Tangible fixed assets22/27€724k€637k▼
Land and buildings22€151k€126k▼
Leasing and similar rights25€573k€511k▼
Current assets29/58€50k€39k▼
Amounts receivable within one year40/41€32k€20k▼
Trade receivables40€32k€12k▼
Other amounts receivable41-€8k
Cash at bank and in hand54/58€12k€13k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€774k€676k▼
Equity10/15€44k€17k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€51k€51k=
Non-distributable reserves130/1€303€303=
Legal reserve130€303€303=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14€-26k€-53k▼
Amounts payable17/49€730k€659k▼
Amounts payable after more than one year17€594k€405k▼
Financial debts170/4€594k€405k▼
Amounts payable within one year42/48€136k€254k▲
Current portion of amounts payable after more than one year42€38k€40k▲
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€18k€10k▼
Taxes450/3€18k€10k▼
Other amounts payable47/48€71k€201k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€87k=
Other operating charges640/8€10k€7k▼
Gross operating margin9900€142k€101k▼
Operating profit (loss)9901€45k€7k▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€33k€35k▲
Recurring financial charges65€33k€35k▲
Profit (loss) for the period before taxes9903€12k€-27k▼
Profit (loss) for the period9904€12k€-27k▼
Profit (loss) for the period to be appropriated9905€12k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-53k▼
Profit (loss) brought forward from the previous period14P€-38k€-26k▲
The notes to these accounts (5 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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Weakest financial yearnet €-53k ▼426%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 37 days late
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €27k ▲105%
Operating result €49k, net result €27k, both a record.
31-12
Financial
Equity above €100kEq €102k ▲36%
2 profitable years in a row build equity to €102k.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zemst · 1 establishment unit since 2010
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.
Bergstraat 301982 ZemstGround area
1,285 m²
Building footprint
178 m²
Volume, LiDAR
1,160 m³
Parcel 23092A0337/00P002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CASYX
since 20102.187.004.659
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23092A0337/00P002 | Flanders | 1,285 m² | 1 · 178 m² | 9.6 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.
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DENDER INVEST
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Of 582 companies in sector 68204 we hold annual accounts for 313. 98 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-04-2010
Fiscal year end31-12
Activities, NACEBEL
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.