CAZIMOS
ActiveSummary
CAZIMOS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172,775 and a net result of €10,680. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 95% of 9354 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 31.76 against 34.77 in 2024; short-term debt: 1.2% and cash: 15.2% of total assets), and 1.2% 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
98.8%
Return on assets
6.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €172,775
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 14-07-2026, 17 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
17 d early
2024
58 d early
2023
13 d early
2022
13 d early
2021
31 d early
2020
15 d early
2019
16 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 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 14 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€172,775▲ 6.6%
2024 · €162,095
Total assets
€174,902▲ 6.8%
2024 · €163,758
Net result
€10,680▲ 51.3%
2024 · €7,057
Working capital
€65,447▲ 16.5%
2024 · €56,166
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,452▲ 16.0%€11,628▲ 1.5%€6,209▼ 46.6%€7,785▲ 25.4%€13,179▲ 69.3%
Net result€8,766within the sector's middle half▲ 14.5%€8,847within the sector's middle half▲ 0.9%€5,464within the sector's middle half▼ 38.2%€7,057within the sector's middle half▲ 29.2%€10,680within the sector's middle half▲ 51.3%
Equity€153,371within the sector's middle half▼ 6.5%€149,574within the sector's middle half▼ 2.5%€155,038within the sector's middle half▲ 3.7%€162,095within the sector's middle half▲ 4.6%€172,775within the sector's middle half▲ 6.6%
Total assets€155,844below the sector's middle half▼ 6.4%€152,608below the sector's middle half▼ 2.1%€156,390below the sector's middle half▲ 2.5%€163,758below the sector's middle half▲ 4.7%€174,902below the sector's middle half▲ 6.8%
Debt€2,473▲ 1.2%€3,033▲ 22.6%€1,352▼ 55.4%€1,663▲ 23.1%€2,128▲ 27.9%
Working capital€45,414within the sector's middle half▼ 16.7%€42,968within the sector's middle half▼ 5.4%€49,023within the sector's middle half▲ 14.1%€56,166within the sector's middle half▲ 14.6%€65,447within the sector's middle half▲ 16.5%
Solvency98.4%above the sector's middle half▼ 0.1pp98.0%above the sector's middle half▼ 0.4pp99.1%above the sector's middle half▲ 1.1pp99.0%above the sector's middle half▼ 0.2pp98.8%above the sector's middle half▼ 0.2pp
Current ratio19.36above the sector's middle half▼ 3.9515.17above the sector's middle half▼ 4.2037.27above the sector's middle half▲ 22.1134.77above the sector's middle half▼ 2.5031.76above the sector's middle half▼ 3.01
Return on assets (ROA)5.6%within the sector's middle half▲ 1.0pp5.8%within the sector's middle half▲ 0.2pp3.5%within the sector's middle half▼ 2.3pp4.3%within the sector's middle half▲ 0.8pp6.1%above the sector's middle half▲ 1.8pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 69% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €174,902
Fixed assets
€107,328 ▲ 1.3%
Current assets
€67,575 ▲ 16.9%
Equity and liabilities €174,902
Equity
€172,775 ▲ 6.6%
Debt
€2,128 ▲ 27.9%
Debt's share of the balance-sheet total rises from 1.0% to 1.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13,290▲
2024 · €7,871
Cash flow
€10,791▲
2024 · €7,143
Debt to equity
0.01▲
2024 · 0.01
ROE
6.2%▲
2024 · 4.4%
Debt ≤ 1 year
€2,128▲
2024 · €1,663
Income taxes
€4,934▲
2024 · €3,293
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 26,975 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 | €1,537 | €1,350 | €592 | €86 | €111 | ▲ 29.6% |
| Other operating charges640/8 | €10,473 | €10,716 | €11,781 | €12,196 | €12,573 | ▲ 3.1% |
| Gross operating margin9900 | €23,462 | €23,694 | €18,581 | €20,066 | €25,863 | ▲ 28.9% |
| Operating profit (loss)9901 | €11,452 | €11,628 | €6,209 | €7,785 | €13,179 | ▲ 69.3% |
| Financial income75/76B | €1,367 | €1,303 | €1,804 | €2,565 | €2,435 | ▼ 5.1% |
| Recurring financial income75 | €1,367 | €1,303 | €1,804 | €2,565 | €2,435 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | €12,819 | €12,931 | €8,013 | €10,350 | €15,614 | ▲ 50.9% |
| Income taxes67/77 | €4,054 | €4,083 | €2,550 | €3,293 | €4,934 | ▲ 49.8% |
| Profit (loss) for the period9904 | €8,766 | €8,847 | €5,464 | €7,057 | €10,680 | ▲ 51.3% |
| Profit (loss) for the period to be appropriated9905 | €8,766 | €8,847 | €5,464 | €7,057 | €10,680 | ▲ 51.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155,844 | €152,608 | €156,390 | €163,758 | €174,902 | ▲ 6.8% |
| Fixed assets21/28 | €107,957 | €106,607 | €106,015 | €105,929 | €107,328 | ▲ 1.3% |
| Tangible fixed assets22/27 | €107,957 | €106,607 | €106,015 | €105,929 | €107,328 | ▲ 1.3% |
| Land and buildings22 | €107,957 | €106,607 | €106,015 | €105,929 | €107,328 | ▲ 1.3% |
| Current assets29/58 | €47,887 | €46,001 | €50,375 | €57,829 | €67,575 | ▲ 16.9% |
| Amounts receivable within one year40/41 | €35,545 | €32,513 | €34,234 | €34,448 | €40,954 | ▲ 18.9% |
| Other amounts receivable41 | €35,545 | €32,513 | €34,234 | €34,448 | €40,954 | ▲ 18.9% |
| Cash at bank and in hand54/58 | €12,342 | €13,488 | €16,140 | €23,381 | €26,621 | ▲ 13.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155,844 | €152,608 | €156,390 | €163,758 | €174,902 | ▲ 6.8% |
| Equity10/15 | €153,371 | €149,574 | €155,038 | €162,095 | €172,775 | ▲ 6.6% |
| Contributions10/11 | €98,161 | €98,161 | €98,161 | €98,161 | €98,161 | = |
| Reserves13 | €55,210 | €51,414 | €56,877 | €63,934 | €74,614 | ▲ 16.7% |
| Non-distributable reserves130/1 | €9,816 | €9,816 | €0 | - | - | - |
| Reserves not available under the articles1311 | €9,816 | €9,816 | €0 | - | - | - |
| Tax-exempt reserves132 | €8 | €8 | €8 | €8 | €8 | = |
| Distributable reserves133 | €45,386 | €41,590 | €56,870 | €63,926 | €74,606 | ▲ 16.7% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | - | - |
| Amounts payable17/49 | €2,473 | €3,033 | €1,352 | €1,663 | €2,128 | ▲ 27.9% |
| Amounts payable within one year42/48 | €2,473 | €3,033 | €1,352 | €1,663 | €2,128 | ▲ 27.9% |
| Trade debts44 | €831 | €1,272 | €805 | €870 | €267 | ▼ 69.4% |
| Suppliers440/4 | €831 | €1,272 | €805 | €870 | €267 | ▼ 69.4% |
| Taxes, remuneration and social security45 | €1,642 | €1,761 | €546 | €793 | €1,861 | ▲ 135% |
| Taxes450/3 | €1,642 | €1,761 | €546 | €793 | €1,861 | ▲ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,766 | €8,847 | €5,464 | €7,057 | €10,680 | ▲ 51.3% |
| + Depreciation and write-downs630 | €1,537 | €1,350 | €592 | €86 | €111 | ▲ 29.6% |
| Operating cash flow (approximation) | €10,303 | €10,197 | €6,055 | €7,143 | €10,791 | ▲ 51.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1,510 | - |
| Change in cash | - | €1,146 | €2,652 | €7,240 | €3,240 | ▼ 55.3% |
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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €10,680 ▲51.3%
Operating result €13,179, net result €10,680, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 37.27
Current ratio from 15.17 to 37.27; short-term debt falls from €3,033 to €1,352.
31-12
Financial
Equity above €150,000Eq €155,038 ▲3.7%
6 profitable years in a row build equity to €155,038.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €150,000Eq €156,379 ▲4.5%
2 profitable years in a row build equity to €156,379.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Menen · 1 establishment unit since 2017
Ground area
8,898 m²
Building footprint
2,567 m²
Volume, LiDAR
15,118 m³
Parcel 34024C0383/00N000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CAZIMOS
since 20172.266.520.806
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024C0383/00N000 | Flanders | 8,898 m² | 1 · 2,567 m² | 8.8 m · 2 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 7,326 companies in sector 68110 we hold annual accounts for 5,390. 3,870 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
Founded26-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0678876175
Also
9925:BE0678876175
Registered
02-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.