De Casino
ActiveDe Casino has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €743k and a net result of €13k. Equity is shrinking by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 58% of 912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▲+25
Solvency70▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.57 in 2024; short-term debt: 20.8% and cash: 29.8% of total assets), but 54.8% 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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← 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
45.2%
Return on assets
0.8%
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 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
99 d early
2024
70 d early
2023
128 d early
2022
109 d early
2021
108 d early
2020
37 d early
2019
35 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€743k▼ 10.0%
2024 · €826k
2018: €1.45M
2019: €1.42M
2020: €1.33M
2021: €1.20M
2022: €1.08M
2023: €1.01M
2024: €826k
2018 → 2025
Total assets
€1.64M▼ 4.5%
2024 · €1.72M
2018: €2.14M
2019: €2.17M
2020: €2.28M
2021: €2.19M
2022: €2.11M
2023: €2.13M
2024: €1.72M
2018 → 2025
Net result
€13k
2024 · €-66k
2018: €42k
2019: €71k
2020: €2k
2021: €-35k
2022: €-22k
2023: €24k
2024: €-66k
2018 → 2025
Working capital
€304k▲ 39.4%
2024 · €218k
2018: €209k
2019: €294k
2020: €280k
2021: €285k
2022: €346k
2023: €404k
2024: €218k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.20M-€1.08M▼ 9.9%€1.01M▼ 6.7%€826k▼ 17.9%€743k▼ 10.0%
Operating result€-119k-€-99k▲ 16.5%€-47k▲ 52.9%€-133k▼ 184%€-56k▲ 57.6%
Net result€-35k-€-22k▲ 36.5%€24k€-66k€13k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €56k in 2025 against €133k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.64M
Fixed assets
€1,000k▼ 11.0%
Current assets
€645k▲ 7.6%
Equity and liabilities €1.64M
Equity
€743k▼ 10.0%
Provisions
€19k▲ 1.8%
Debt
€883k▲ 0.6%
The debt ratio rises from 51.0% to 53.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€129k▲
2024 · €52k
Cash flow
€198k▲
2024 · €119k
Solvency
45.2%▼
2024 · 47.9%
Current ratio
1.89▲
2024 · 1.57
Quick ratio
1.80▲
2024 · 1.48
Debt / equity
1.19▲
2024 · 1.06
ROE
1.7%▲
2024 · -8.0%
ROA
0.8%▲
2024 · -3.8%
Interest coverage
4.01▲
2024 · 1.64
Debt
€883k▲
2024 · €878k
Debt ≤ 1 year
€341k▼
2024 · €382k
Debt > 1 year
€285k▼
2024 · €326k
Income taxes
€2k▲
2024 · €870
Staff costs
€776k▼
2024 · €813k
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€1.72M€1.64M▼
Fixed assets21/28€1.12M€1,000k▼
Tangible fixed assets22/27€1.12M€998k▼
Land and buildings22€1.05M€932k▼
Plant, machinery and equipment23€60k€55k▼
Furniture and vehicles24€8k€10k▲
Financial fixed assets28€2k€2k▲
Current assets29/58€600k€645k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€34k€31k▼
Stocks30/36€34k€31k▼
Amounts receivable within one year40/41€161k€98k▼
Trade receivables40€56k€39k▼
Other amounts receivable41€105k€59k▼
Cash at bank and in hand54/58€399k€491k▲
Deferred charges and accrued income490/1€6k€25k▲
Equity and liabilities
Total equity and liabilities10/49€1.72M€1.64M▼
Equity10/15€826k€743k▼
Reserves13€211k€211k=
Profit (loss) carried forward14€-26k€-13k▲
Investment grants15€641k€545k▼
Provisions and deferred taxes16€19k€19k▲
Provisions for liabilities and charges160/5€19k€19k▲
Major repairs and maintenance162€19k€10k▼
Other liabilities and charges164/5€0€9k▲
Amounts payable17/49€878k€883k▲
Amounts payable after more than one year17€326k€285k▼
Financial debts170/4€326k€285k▼
Amounts payable within one year42/48€382k€341k▼
Current portion of amounts payable after more than one year42€41k€41k▲
Trade debts44€78k€79k▲
Suppliers440/4€78k€79k▲
Advances received on contracts in progress46€2k€8k▲
Taxes, remuneration and social security45€161k€154k▼
Taxes450/3€77k€61k▼
Remuneration and social security454/9€84k€94k▲
Accrued charges and deferred income492/3€170k€256k▲
Income statement
Code20242025
Non-recurring operating income76A€95k€6k▼
Remuneration, social security and pensions62€813k€776k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€185k€186k▲
Other operating charges640/8€15k€29k▲
Non-recurring operating charges66A€5k€480▼
Gross operating margin9900€811k€935k▲
Operating profit (loss)9901€-133k€-56k▲
Financial income75/76B€100k€103k▲
Recurring financial income75€100k€103k▲
Financial charges65/66B€32k€32k▲
Recurring financial charges65€32k€32k▲
Profit (loss) for the period before taxes9903€-65k€15k▲
Income taxes67/77€870€2k▲
Profit (loss) for the period9904€-66k€13k▲
Profit (loss) for the period to be appropriated9905€-66k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-13k▲
Profit (loss) brought forward from the previous period14P€40k€-26k▼
To contributions691€0-
Social balance
Average headcount (FTE)908712.010.6▼
The notes to these accounts (21 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
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-66k ▼376%
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €71k ▲68.1%
Operating result €-8k, net result €71k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Sint-Niklaas · 1 establishment unit since 2007
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.
Stationsstraat 1049100 Sint-NiklaasGround area
1,296 m²
Building footprint
532 m²
Volume, LiDAR
5,644 m³
Parcel 46447B0462/00Y000, Flanders · tallest building 20.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
De Casino vzw
since 20072.160.442.792
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0462/00Y000 | Flanders | 1,296 m² | 1 · 532 m² | 20.1 m · 4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 2,029,144 EUR awarded · 1,976,415 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 538,725 EUR | 535,149 EUR |
| 2024 | 2 | 518,712 EUR | 515,264 EUR |
| 2023 | 3 | 546,300 EUR | 525,839 EUR |
| 2022 | 2 | 425,407 EUR | 400,163 EUR |
Schemes
Professionele kunsten: Werkingssubsidie voor een kunstenorganisatie voor een periode van 5 jaar (Kunstendecreet 2021)
Professionele kunsten: Werkingssubsidie voor een professionele kunstenorganisatie (Kunstendecreet 2013)
Professionele kunsten: Tewerkstellingssubsidie voor een organisatie binnen de professionele kunsten via het Derde Arbeidscircuit (DAC) (Decreet Derde Arbeidscircuit 2003)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.160.442.792
Dual-learning approval
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Of 880 companies in sector 77229 we hold annual accounts for 319. 188 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded17-02-1995
Fiscal year end31-12
Activities, NACEBEL
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
90311Arts creation and performing arts activities
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:decasino.be/