CATCH & LAUNCH
ActiveSummary
The computed 12-month bankruptcy probability of CATCH & LAUNCH is 2.0% (moderate). The 2025 annual accounts show negative equity (-€15,901) and a net result of €12,063. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 9,662 sector peers (NACE 82, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-02-2016 Normal situation
- Registered office
- 183 active companies are registered at this address 21 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Other business support services NACE 82990and 4 others
- Establishment units
- 2.251.636.452 1930 Zaventem, since 03-02-2016
- 2.309.602.860 1853 Grimbergen, since 15-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.0%
- Gross margin
- €36,622
- ▼ 40.4%
- Turnover
- ≈ €91,000
- estimated
- Profit
- €12,063
- ▼ 30.4%
- Equity
- -€15,901
- ▲ 43.1%
- Total assets
- €60,830
- ▲ 19.0%
- Negative equity on 31-12-2025
Score breakdownraises risk1 change of registered office in 24 monthsNegative equity -€15,901Liquidity: current ratio 0.37lowers riskSize: total assets €60,830Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 82, micro). It does better than 5% of them on solvency, 0% on liquidity, 68% on profitability and 77% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 10-07-2026 at the NBB all 10 filings
Every figure per financial year
The operating result for 2025 is 5% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,764 | - | €797 | €34,472 | €6,647 |
| Depreciation and write-downs of the year | €10,178 | €7,278 | €7,240 | €9,050 | €12,194 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €36,718 | €23,346 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,163 | €6,815 | €10,511 | €10,178 | €7,278 | €7,240 | €9,050 | €12,194 | ▲ 34.7% |
| Other operating charges640/8 | - | - | - | €2,164 | €2,098 | €3,296 | €5,802 | €63 | ▼ 98.9% |
| Non-recurring operating charges66A | - | - | - | €390 | - | - | - | - | - |
| Gross operating margin9900 | €69,699 | €5,692 | €19,048 | €16,594 | €15,729 | -€7,525 | €61,483 | €36,622 | ▼ 40.4% |
| Operating profit (loss)9901 | €62,475 | -€5,061 | €6,230 | €3,861 | €6,352 | -€54,778 | €23,285 | €24,365 | ▲ 4.6% |
| Financial income75/76B | - | - | - | €5 | €14 | €297 | €4 | €0 | ▼ 91.0% |
| Recurring financial income75 | €0 | €0 | €0 | €5 | €14 | €297 | €4 | €0 | ▼ 91.0% |
| Financial charges65/66B | - | - | - | €3,572 | €1,919 | €5,628 | €5,692 | €5,411 | ▼ 4.9% |
| Recurring financial charges65 | €965 | €349 | €507 | €3,572 | €1,919 | €5,628 | €5,692 | €5,411 | ▼ 4.9% |
| Profit (loss) for the period before taxes9903 | €61,510 | -€5,410 | €8,173 | €294 | €4,448 | -€60,109 | €17,597 | €18,955 | ▲ 7.7% |
| Income taxes67/77 | €1,500 | €1,475 | €874 | €1,919 | €2,685 | €231 | €255 | €6,892 | ▲ 27× |
| Profit (loss) for the period9904 | €60,011 | -€6,885 | €7,299 | -€1,625 | €1,763 | -€60,340 | €17,342 | €12,063 | ▼ 30.4% |
| Profit (loss) for the period to be appropriated9905 | €60,011 | -€6,885 | €7,299 | -€1,625 | €1,763 | -€60,340 | €17,342 | €12,063 | ▼ 30.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €96,871 | €58,626 | €109,941 | €127,439 | €161,582 | €101,418 | €51,104 | €60,830 | ▲ 19.0% |
| Formation expenses20 | €499 | €250 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €28,712 | €38,869 | €40,944 | €26,140 | €18,861 | €12,418 | €37,840 | €32,293 | ▼ 14.7% |
| Tangible fixed assets22/27 | €28,712 | €38,869 | €40,944 | €26,140 | €18,861 | €12,418 | €37,840 | €32,293 | ▼ 14.7% |
| Land and buildings22 | - | - | - | €13,119 | €10,161 | €7,202 | €4,243 | - | - |
| Plant, machinery and equipment23 | - | - | - | €2,002 | €1,781 | €2,311 | €3,230 | €6,849 | ▲ 112% |
| Furniture and vehicles24 | - | - | - | €11,019 | €6,919 | €2,905 | €30,367 | €24,194 | ▼ 20.3% |
| Other tangible fixed assets26 | - | - | - | - | - | - | - | €1,250 | - |
| Current assets29/58 | €67,660 | €19,508 | €68,997 | €101,299 | €142,721 | €89,000 | €13,264 | €28,536 | ▲ 115% |
| Stocks and contracts in progress3 | - | - | €38,416 | €69,000 | €92,500 | €65,384 | - | - | - |
| Stocks30/36 | - | - | - | €69,000 | €92,500 | €65,384 | - | - | - |
| Amounts receivable within one year40/41 | €58,268 | €12,704 | €15,306 | €17,205 | €8,193 | €23,616 | €11,992 | €27,131 | ▲ 126% |
| Trade receivables40 | - | - | - | €17,026 | €5,394 | €14,607 | €11,879 | €25,424 | ▲ 114% |
| Other amounts receivable41 | - | - | - | €179 | €2,800 | €9,009 | €113 | €1,707 | ▲ 15× |
| Cash at bank and in hand54/58 | €5,466 | €5,462 | €13,615 | €12,627 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €2,467 | €42,028 | - | €1,272 | €1,405 | ▲ 10.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €96,871 | €58,626 | €109,941 | €127,439 | €161,582 | €101,418 | €51,104 | €60,830 | ▲ 19.0% |
| Equity10/15 | €14,483 | €7,597 | €14,897 | €13,272 | €15,035 | -€45,306 | -€27,964 | -€15,901 | ▲ 43.1% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | = |
| Non-distributable reserves130/1 | - | - | - | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | = |
| Reserves not available under the articles1311 | - | - | - | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | = |
| Profit (loss) carried forward14 | €843 | -€6,043 | €1,257 | -€368 | €1,395 | -€58,946 | -€41,604 | -€29,541 | ▲ 29.0% |
| Amounts payable17/49 | €82,388 | €51,029 | €95,044 | €114,167 | €146,548 | €146,724 | €79,068 | €76,731 | ▼ 3.0% |
| Amounts payable after more than one year17 | €1,869 | - | €5,357 | €39,994 | €31,667 | €18,997 | €9,775 | - | - |
| Financial debts170/4 | - | - | - | €39,994 | €31,667 | €18,997 | €9,775 | - | - |
| Amounts payable within one year42/48 | €80,519 | €51,029 | €89,687 | €74,173 | €113,981 | €127,726 | €69,293 | €76,731 | ▲ 10.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,362 | - | - | - | - | - |
| Financial debts43 | - | - | - | - | €16,370 | €29,932 | €21,693 | €16,175 | ▼ 25.4% |
| Credit institutions430/8 | - | - | - | - | €16,370 | €29,932 | €21,693 | €16,175 | ▼ 25.4% |
| Trade debts44 | €1,601 | €3 | €30,501 | €7,281 | €17,633 | €15,585 | €1,778 | €8,054 | ▲ 353% |
| Suppliers440/4 | - | - | - | €7,281 | €17,633 | €15,585 | €1,778 | €8,054 | ▲ 353% |
| Taxes, remuneration and social security45 | - | - | - | €8,661 | €20,094 | €37,163 | €15,855 | €6,892 | ▼ 56.5% |
| Taxes450/3 | - | - | - | €8,661 | €20,094 | €31,423 | €15,855 | €6,892 | ▼ 56.5% |
| Remuneration and social security454/9 | - | - | - | - | - | €5,740 | - | - | - |
| Other amounts payable47/48 | - | - | - | €54,868 | €59,884 | €45,047 | €29,966 | €45,610 | ▲ 52.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | €900 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,011 | -€6,885 | €7,299 | -€1,625 | €1,763 | -€60,340 | €17,342 | €12,063 | ▼ 30.4% |
| + Depreciation and write-downs630 | €6,163 | €6,815 | €10,511 | €10,178 | €7,278 | €7,240 | €9,050 | €12,194 | ▲ 34.7% |
| Operating cash flow (approximation) | €66,173 | -€71 | €17,811 | €8,553 | €9,041 | -€53,100 | €26,392 | €24,256 | ▼ 8.1% |
| Investment in fixed assets (approximation) | - | -€16,972 | -€12,587 | €4,626 | €0 | -€797 | -€34,472 | -€6,647 | ▲ 80.7% |
| Change in cash | - | -€3 | €8,153 | -€988 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,632 companies had the same profile as CATCH & LAUNCH has now. Two years later, 91.9% were still going and 2.9% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CATCH & LAUNCH itself: 2.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for CATCH & LAUNCH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-07-2026 | 2026-00292699 | |
| 31-12-2024 | micro format | 29-07-2025 | 2025-00333574 | |
| 31-12-2023 | micro format | 14-08-2024 | 2024-00346389 | |
| 31-12-2022 | micro format | 19-07-2023 | 2023-00266741 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20229927 | |
| 31-12-2020 | micro format | 05-07-2021 | 2021-30100077 | |
| 31-12-2019 | micro format | 21-08-2020 | 2020-43100216 | |
| 31-12-2018 | micro format | 29-07-2019 | 2019-40900410 | |
| 31-12-2017 | micro format | 11-07-2018 | 2018-32300093 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-25500040 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 25-03-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MACHIELS,Joost |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid verworven aantal, elke overdracht onder levenden ten bezwarende of kosteloze…”
Articles of association, deed of 25-03-2024 (in Dutch)
Network & group
CATCH & LAUNCH shares no director with another company.
Companies at the same address
182 other companies- KOS KONSTRUKT Registered office · since 2026 1044152540
- GICUBUILD Registered office · since 2026 1042728125
- BONDR Registered office · since 2026 1041925203
- ProLineTech Registered office · since 2026 1041881552
- JOHN BUILD Registered office · since 2026 1025182211
- PEQUI RESTAURANT Registered office · since 2026 1040299363
- Stichting Administratiekantoor This Is Legit Registered office · since 2026 1040694093
- Afgro Nuts Registered office · since 2026 1039068750
- AUTOFORGE Registered office · since 2026 1038540990
- Raison Home Vlaanderen Registered office · since 2026 1038189416
Connections & network
1 current directorThe network starts from the directors of CATCH & LAUNCH. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
23-12
Gazette deed
Registered office moved from Grimbergen to Zaventem2 points ▸
- General meeting, 11-12-2024
- Registered-office move, Ikaroslaan 1,1930 Zaventem
25-03
Gazette deed
Change of role: MACHIELS,Joost, from manager to directorAmendment of the articles · Capital conversion · Kind of shares15 points ▸
- General meeting, 19-03-2024
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, EUR, “Tweede besluit” (deed in Dutch)
- Kind of shares, “gelijk recht in winstverdeling, vergoeding voor inbrengen” (deed in Dutch)
- Other provision, “Bestuur - Controle, Titel IV” (deed in Dutch)
- Other provision, “Algemene Vergadering, Titel V” (deed in Dutch)
- Other provision, “Titel VI.Boekjaar–Winstverdeling-Reserves, titel” (deed in Dutch)
- Other provision, “Titel VII.Ontbinding en vereffening, titel” (deed in Dutch)
- Other provision, “Titel VIII.Algemene maatregelen, titel” (deed in Dutch)
- Power of attorney
- Director resignation, MACHIELS,Joost (manager)
- Director appointment, MACHIELS,Joost (director (not named in the articles))
- The act holds 3 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- de Villegas de Clercampstraat 187, 1853 Grimbergen until 11-12-2024 · act of 23-12-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23772B0101/00B000 | Flanders | 5,421 m² | 1 · 499 m² | 7.8 m · 2 |
| 23084A0536/00L006 | Flanders | 697 m² | 1 · 628 m² | 21.1 m · 6 |