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CS Holdco

Active Risk: not assessed Private limited companyfounded 2020active for 6 yearsStarrenhoflaan 15, 2950 KapellenKBO/BCE: BE 0745.811.719 subsidiary of CS Topco#5 company by equity in Kapellen, Finance and insurance sector

Lifetime

5 annual accounts with figures on one time axis
peak €54,955 (2023)
-not published
peak €3.4m (2024)
€3.0m▼ 11.8%
peak €16.7m (2025)
€16.7m▲ 0.6%
€3,905▼ 99.5%
Board6 names since 2020
1 directorCS Topco
Owners2 names in the annual accounts
  
Documentsfilings and deeds
12-06-202649 days before the deadline
2025financial year
Dividend €2.9mDebts from €809,146 to €3,905Cash from €11,611 to €254,834

Key points

from the 2025 annual accounts

Equity

€16.7m ▲ 0.6%
16.62024+3.0Profit-2.9Dividend16.72025

CS Holdco paid out €2.9m in dividends. That is 97% of the 2025 profit.

Payment terms

216 days to suppliers
Suppliers
99 to 216

CS Holdco pays its suppliers 117 days later than in 2024.

Liquidity

65.33 was 1.20 in 2024

Short-term debts fell from €803,859 to €3,905.

Filings

5 annual accounts 6 filings since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 0 to 74 days before the end of the period.

Board

1 joined

New director. Latest change 17-09-2026 · 1 in office.

Position in the sector

100.0%

Higher solvency than 95% of companies in financial services. Sector median 61.1% · 3,042 companies.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

1 signal, which does not raise the risk
1 signal.
neutral
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 12-06-2026, 49 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
49 days early
2024
48 days early
2023
49 days early
2023
49 days early
2022
74 days early
2021
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 45 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CP
Daily manager, Gerd Van der Heyden
CT
Director, Ruben Monballieu, since 15-12-2023

Shares in 1 company, Castelein Sealants

Board & ownership

Recent changes

Appointment: CS Plan (day-to-day manager) Permanent representative: Gerd Van der Heyden · Board meeting of 17-09-2026 · Gazette deed
1 director appointed, 4 resignations Resignations: Valérie Bioul, Vymaco BV, Akiles BV and Cast Consult BV · Permanent representatives: Yves Liénart van Lidth de Jeude, Laurent Puissant Baeyens, Christophe Castelein and Ruben Monballieu · Appointment: CS Topco BV (director) · General meeting of 15-12-2023 · Gazette deed
Amendment of the articles 6,280 shares · Gazette deed
Capital increase of €341,320 280 new shares · Gazette deed
All 17 events

Comparable companies

same main activity, similar in size and age
Company
CS Holdco Kapellen - - 100.0% -
MCG Antwerp €1.6m 36.6% 26.2% -
EMANDENDI INVESTMENT Schilde - - 77.3% -
Immo & Sport Invest Olen - - -63.1% 0
Beslerim Willebroek - - 12.9% -
The HB Company Antwerp €1.1m -2.9% -6.1% -
BHPE Antwerp - - 72.8% -

These companies have the same main activity as CS Holdco: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €14m and €19m, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 03-04-2020Normal situation
Activity
Activities of holding companiesNACE 64210
Establishment unit
2.301.425.7602950 Kapellen, since 03-04-2020
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€16.7m▼ 4.1%
Filing
Filed on 12-06-2026, 49 days before the end of the filing period
Financials

Insights on CS Holdco

CS Holdco is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €16.7m and a net result of €3.0m.

Equity has been growing by about 18% per year since 2021. Its solvency ranks better than 95% of 3,042 sector peers (NACE 64, financial year 2025).

The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CS Holdco

What is the company number of CS Holdco?
The company number of CS Holdco is 0745.811.719. The VAT number is the same number with BE in front: BE 0745.811.719.
Where is CS Holdco based?
The registered office is at Starrenhoflaan 15, 2950 Kapellen.Company details
What does CS Holdco do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of CS Holdco?
CS Holdco is a private limited company (BV).
When was CS Holdco founded?
CS Holdco was founded on 03-04-2020.
Is CS Holdco still active?
Yes, CS Holdco is an active enterprise in the KBO register.
What is the turnover of CS Holdco?
The annual accounts for financial year 2025 state no turnover. In financial year 2024 turnover was €0.Financials
Is CS Holdco profitable?
In financial year 2025, CS Holdco made a profit of €3.0m.
Where can I find the annual accounts of CS Holdco?
CS Holdco filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CS Holdco due?
CS Holdco must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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