DE KASTAAR
ActiveSummary
DE KASTAAR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €696k and a net result of €138k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 3705 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 11.88 against 8.75 in 2024; short-term debt: 6.1% and cash: 18.3% of total assets), and 6.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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
93.9%
Return on assets
18.6%
Age of the figures
9 mo
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
70 d early
2023
120 d early
2022
46 d early
2021
137 d early
2020
120 d early
2019
118 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€696k▲ 6.7%
2024 · €652k
2018: €457klowest in 8 years
2019: €551k▲ +20.5% vs 2018
2020: €493k▼ -10.6% vs 2019
2021: €528k▲ +7.2% vs 2020
2022: €536k▲ +1.6% vs 2021
2023: €580k▲ +8.2% vs 2022
2024: €652k▲ +12.4% vs 2023
2025: €696k▲ +6.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€741k▲ 4.8%
2024 · €708k
2018: €579k
2019: €637k▲ +10.1% vs 2018
2020: €590k▼ -7.3% vs 2019
2021: €575k▼ -2.6% vs 2020lowest in 8 years
2022: €608k▲ +5.8% vs 2021
2023: €634k▲ +4.2% vs 2022
2024: €708k▲ +11.6% vs 2023
2025: €741k▲ +4.8% vs 2024highest in 8 years
2018 → 2025
Net result
€138k▼ 8.0%
2024 · €150k
2018: €78k
2019: €95k▲ +22.6% vs 2018
2020: €71k▼ -25.4% vs 2019lowest in 8 years
2021: €93k▲ +30.9% vs 2020
2022: €98k▲ +5.0% vs 2021
2023: €134k▲ +36.5% vs 2022
2024: €150k▲ +12.1% vs 2023highest in 8 years
2025: €138k▼ -8.0% vs 2024
2018 → 2025
Working capital
€496k▲ 14.9%
2024 · €431k
2018: €347k
2019: €422k▲ +21.7% vs 2018
2020: €332k▼ -21.4% vs 2019lowest in 8 years
2021: €408k▲ +23.1% vs 2020
2022: €444k▲ +8.8% vs 2021
2023: €405k▼ -8.7% vs 2022
2024: €431k▲ +6.4% vs 2023
2025: €496k▲ +14.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€528k-€536k▲ 1.6%€580k▲ 8.2%€652k▲ 12.4%€696k▲ 6.7%
2021: €528klowest in 5 years
2022: €536k▲ +1.6% vs 2021
2023: €580k▲ +8.2% vs 2022
2024: €652k▲ +12.4% vs 2023
2025: €696k▲ +6.7% vs 2024highest in 5 years
Operating result€120k-€140k▲ 17.1%€194k▲ 38.1%€216k▲ 11.9%€189k▼ 12.5%
2021: €120klowest in 5 years
2022: €140k▲ +17.1% vs 2021
2023: €194k▲ +38.1% vs 2022
2024: €216k▲ +11.9% vs 2023highest in 5 years
2025: €189k▼ -12.5% vs 2024
Net result€93k-€98k▲ 5.0%€134k▲ 36.5%€150k▲ 12.1%€138k▼ 8.0%
2021: €93klowest in 5 years
2022: €98k▲ +5.0% vs 2021
2023: €134k▲ +36.5% vs 2022
2024: €150k▲ +12.1% vs 2023highest in 5 years
2025: €138k▼ -8.0% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €741k
Fixed assets
€200k ▼ 9.3%
Current assets
€541k ▲ 11.2%
Equity and liabilities €741k
Equity
€696k ▲ 6.7%
Debt
€46k ▼ 18.1%
Debt's share of the balance-sheet total falls from 7.9% to 6.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€238k▼
2024 · €273k
Cash flow
€187k▼
2024 · €207k
Current ratio
11.88▲
2024 · 8.75
Quick ratio
11.60▲
2024 · 8.48
Debt to equity
0.07▼
2024 · 0.09
ROE
19.8%▼
2024 · 23.0%
ROA
18.6%▼
2024 · 21.2%
Interest coverage
47.61▼
2024 · 65.20
Debt ≤ 1 year
€46k▼
2024 · €56k
Income taxes
€52k▼
2024 · €68k
Staff costs
€247k▲
2024 · €202k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€708k€741k▲
Fixed assets21/28€221k€200k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€219k€199k▼
Plant, machinery and equipment23€43k€63k▲
Furniture and vehicles24€46k€35k▼
Other tangible fixed assets26€130k€102k▼
Current assets29/58€487k€541k▲
Amounts receivable after more than one year29€51k€77k▲
Other amounts receivable291€51k€77k▲
Stocks and contracts in progress3€15k€13k▼
Stocks30/36€15k€13k▼
Amounts receivable within one year40/41€13k€64k▲
Trade receivables40€702€52k▲
Other amounts receivable41€12k€12k▲
Current investments50/53€55k€231k▲
Cash at bank and in hand54/58€346k€136k▼
Deferred charges and accrued income490/1€7k€20k▲
Equity and liabilities
Total equity and liabilities10/49€708k€741k▲
Equity10/15€652k€696k▲
Contributions10/11€19k€19k=
Reserves13€633k€677k▲
Tax-exempt reserves132-€69k
Distributable reserves133€633k€608k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€56k€46k▼
Amounts payable within one year42/48€56k€46k▼
Trade debts44€15k€9k▼
Suppliers440/4€15k€9k▼
Taxes, remuneration and social security45€37k€35k▼
Taxes450/3€29k€24k▼
Remuneration and social security454/9€8k€11k▲
Other amounts payable47/48€3k€2k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Remuneration, social security and pensions62€202k€247k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€49k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€478k€487k▲
Operating profit (loss)9901€216k€189k▼
Financial income75/76B€6k€5k▼
Recurring financial income75€6k€5k▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€218k€190k▼
Income taxes67/77€68k€52k▼
Profit (loss) for the period9904€150k€138k▼
Transfer to tax-exempt reserves689-€69k
Profit (loss) for the period to be appropriated9905€150k€68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€150k€68k▼
Profit (loss) brought forward from the previous period14P€296€0▼
Transfer from equity791/2€76k€94k▲
Transfer to equity691/2€148k€68k▼
To other reserves6921€148k€68k▼
Profit to be distributed694/7€78k€94k▲
Return on contributions (dividend)694€78k€94k▲
Social balance
Average headcount (FTE)90876.87.9▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €122k | €159k | €202k | €247k | ▲ 21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44k | €40k | €41k | €57k | €49k | ▼ 14.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €2k | €2k | €2k | €3k | ▲ 35.2% |
| Gross operating margin9900 | €271k | €304k | €395k | €478k | €487k | ▲ 2.0% |
| Operating profit (loss)9901 | €120k | €140k | €194k | €216k | €189k | ▼ 12.5% |
| Financial income75/76B | - | €2k | €2k | €6k | €5k | ▼ 3.1% |
| Recurring financial income75 | €3k | €2k | €2k | €6k | €5k | ▼ 3.1% |
| Financial charges65/66B | - | €4k | €4k | €4k | €5k | ▲ 19.3% |
| Recurring financial charges65 | €4k | €4k | €4k | €4k | €5k | ▲ 19.3% |
| Profit (loss) for the period before taxes9903 | €120k | €138k | €191k | €218k | €190k | ▼ 12.9% |
| Income taxes67/77 | €26k | €40k | €57k | €68k | €52k | ▼ 23.6% |
| Profit (loss) for the period9904 | €93k | €98k | €134k | €150k | €138k | ▼ 8.0% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €69k | - |
| Profit (loss) for the period to be appropriated9905 | €93k | €98k | €134k | €150k | €68k | ▼ 54.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €575k | €608k | €634k | €708k | €741k | ▲ 4.8% |
| Fixed assets21/28 | €120k | €97k | €175k | €221k | €200k | ▼ 9.3% |
| Intangible fixed assets21 | - | - | - | €2k | €1k | ▼ 20.0% |
| Tangible fixed assets22/27 | €120k | €97k | €175k | €219k | €199k | ▼ 9.3% |
| Plant, machinery and equipment23 | - | €5k | €5k | €43k | €63k | ▲ 46.3% |
| Furniture and vehicles24 | - | €3k | €24k | €46k | €35k | ▼ 25.1% |
| Other tangible fixed assets26 | - | €89k | €146k | €130k | €102k | ▼ 21.9% |
| Current assets29/58 | €455k | €511k | €459k | €487k | €541k | ▲ 11.2% |
| Amounts receivable after more than one year29 | - | €59k | €55k | €51k | €77k | ▲ 50.7% |
| Other amounts receivable291 | - | €59k | €55k | €51k | €77k | ▲ 50.7% |
| Stocks and contracts in progress3 | €12k | €13k | €12k | €15k | €13k | ▼ 15.5% |
| Stocks30/36 | - | €13k | €12k | €15k | €13k | ▼ 15.5% |
| Amounts receivable within one year40/41 | €9k | €7k | €5k | €13k | €64k | ▲ 390% |
| Trade receivables40 | - | €2k | €206 | €702 | €52k | ▲ 7,248% |
| Other amounts receivable41 | - | €5k | €5k | €12k | €12k | ▲ 0.9% |
| Current investments50/53 | €18k | €36k | €145k | €55k | €231k | ▲ 319% |
| Cash at bank and in hand54/58 | €349k | €392k | €234k | €346k | €136k | ▼ 60.6% |
| Deferred charges and accrued income490/1 | - | €4k | €7k | €7k | €20k | ▲ 202% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €575k | €608k | €634k | €708k | €741k | ▲ 4.8% |
| Equity10/15 | €528k | €536k | €580k | €652k | €696k | ▲ 6.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €509k | €518k | €561k | €633k | €677k | ▲ 6.9% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | €69k | - |
| Distributable reserves133 | - | €518k | €561k | €633k | €608k | ▼ 4.0% |
| Profit (loss) carried forward14 | €296 | €296 | €296 | €0 | €0 | - |
| Amounts payable17/49 | €47k | €72k | €54k | €56k | €46k | ▼ 18.1% |
| Amounts payable within one year42/48 | €47k | €67k | €53k | €56k | €46k | ▼ 18.1% |
| Trade debts44 | €20k | €15k | €20k | €15k | €9k | ▼ 42.0% |
| Suppliers440/4 | - | €15k | €20k | €15k | €9k | ▼ 42.0% |
| Taxes, remuneration and social security45 | - | €24k | €28k | €37k | €35k | ▼ 6.4% |
| Taxes450/3 | - | €19k | €22k | €29k | €24k | ▼ 18.5% |
| Remuneration and social security454/9 | - | €5k | €7k | €8k | €11k | ▲ 35.6% |
| Other amounts payable47/48 | - | €28k | €5k | €3k | €2k | ▼ 41.6% |
| Accrued charges and deferred income492/3 | - | €5k | €339 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93k | €98k | €134k | €150k | €138k | ▼ 8.0% |
| + Depreciation and write-downs630 | €44k | €40k | €41k | €57k | €49k | ▼ 14.2% |
| Operating cash flow (approximation) | €137k | €138k | €175k | €207k | €187k | ▼ 9.7% |
| Investment in fixed assets (approximation) | - | €-17k | €-120k | €-102k | €-28k | ▲ 72.4% |
| Change in cash | - | €43k | €-159k | €112k | €-210k | ▼ 287% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €150k ▲12.1%
Operating result €216k, net result €150k, both a record.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 9.71
Current ratio from 4.41 to 9.71; short-term debt falls from €97k to €47k.
31-12
Financial
Equity above €500kEq €528k ▲7.2%
4 profitable years in a row build equity to €528k.
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €71k ▼25.4%
Net result drops to €71k, the lowest in the series; recovery starts the following year.
04-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €551k ▲20.5%
2 profitable years in a row build equity to €551k.
Show earlier events
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Wervik · 1 establishment unit since 2013
Ground area
588 m²
Building footprint
313 m²
Volume, LiDAR
1,703 m³
Parcel 33029B0713/00R016, Flanders · tallest building 11.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DE KASTAAR
since 20132.220.076.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029B0713/00R016 | Flanders | 588 m² | 1 · 312 m² | 11.7 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWervik2.220.076.711
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 5,324 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
Founded24-06-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.