DE CAUSMAECKER - DE VOS
ActiveDE CAUSMAECKER - DE VOS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145k and a net result of €5k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-3
Solvency65▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.44 in 2024; short-term debt: 59.8% and cash: 23.1% of total assets), but 59.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-12-2025, 59 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
59 d late
2024
28 d late
2023
31 d early
2022
on the day
2021
6 d early
2020
4 d early
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€145k▲ 2.8%
2024 · €141k
2019: €97k
2020: €117k
2021: €121k
2022: €137k
2023: €138k
2024: €141k
2019 → 2025
Total assets
€359k▼ 5.7%
2024 · €381k
2019: €228k
2020: €243k
2021: €257k
2022: €286k
2023: €334k
2024: €381k
2019 → 2025
Net result
€5k▲ 90.3%
2024 · €3k
2019: €7k
2020: €21k
2021: €5k
2022: €17k
2023: €2k
2024: €3k
2019 → 2025
Working capital
€117k▲ 11.4%
2024 · €105k
2019: €62k
2020: €51k
2021: €67k
2022: €91k
2023: €96k
2024: €105k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€121k-€137k▲ 13.1%€138k▲ 0.8%€141k▲ 2.1%€145k▲ 2.8%
Operating result€12k-€31k▲ 167%€10k▼ 68.8%€14k▲ 43.7%€14k▲ 1.6%
Net result€5k-€17k▲ 246%€2k▼ 86.2%€3k▲ 21.7%€5k▲ 90.3%
Turnover and EBIT margin not published: the micro 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 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €359k
Fixed assets
€28k▼ 22.6%
Current assets
€332k▼ 4.0%
Equity and liabilities €359k
Equity
€145k▲ 2.8%
Debt
€215k▼ 10.7%
The debt ratio falls from 63.1% to 59.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2024 · €27k
Cash flow
€18k▲
2024 · €15k
Solvency
40.2%▲
2024 · 36.9%
Current ratio
1.54▲
2024 · 1.44
Quick ratio
0.52▼
2024 · 0.74
Debt / equity
1.49▼
2024 · 1.71
ROE
3.8%▲
2024 · 2.0%
ROA
1.5%▲
2024 · 0.8%
Interest coverage
2.51▼
2024 · 3.08
Debt
€215k▼
2024 · €240k
Debt ≤ 1 year
€215k▼
2024 · €240k
Income taxes
€1k▼
2024 · €4k
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€381k€359k▼
Fixed assets21/28€36k€28k▼
Tangible fixed assets22/27€36k€28k▼
Land and buildings22€256-
Plant, machinery and equipment23€14k€13k▼
Furniture and vehicles24€22k€15k▼
Current assets29/58€345k€332k▼
Stocks and contracts in progress3€167k€219k▲
Stocks30/36€167k€219k▲
Contracts in progress37€69-
Amounts receivable within one year40/41€37k€24k▼
Trade receivables40€30k€16k▼
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€131k€83k▼
Deferred charges and accrued income490/1€11k€5k▼
Equity and liabilities
Total equity and liabilities10/49€381k€359k▼
Equity10/15€141k€145k▲
Contributions10/11€50k€50k=
Reserves13€71k€71k=
Distributable reserves133€71k€71k=
Profit (loss) carried forward14€20k€24k▲
Amounts payable17/49€240k€215k▼
Amounts payable within one year42/48€240k€215k▼
Trade debts44€83k€66k▼
Suppliers440/4€83k€66k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€22k€28k▲
Taxes450/3€22k€8k▼
Remuneration and social security454/9-€20k
Other amounts payable47/48€135k€118k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€29k€28k▼
Operating profit (loss)9901€14k€14k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€7k€7k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€3k€5k▲
Profit (loss) for the period to be appropriated9905€3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€25k▲
Profit (loss) brought forward from the previous period14P€17k€20k▲
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
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
2025
29-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 59 days late
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €2k ▼86.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €21k ▲216%
Net result €21k, the highest in the series.
31-03
Financial
Equity above €100kEq €117k ▲20.5%
2 profitable years in a row build equity to €117k.
2019
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
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
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, Assenede · 1 establishment unit since 2003
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.
Oosteeklo-Dorp 899968 AssenedeGround area
831 m²
Building footprint
470 m²
Volume, LiDAR
2,279 m³
Parcel 43012C0306/00N000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oosteeklo-Dorp 89, 9968 Assenede
since 20032.123.210.432
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43012C0306/00N000 | Flanders | 831 m² | 1 · 470 m² | 7.9 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 1,467 companies in sector 47632 we hold annual accounts for 733. 647 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2002
Fiscal year end31-03
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
50500
47300Retail sale of automotive fuel
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.