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CASULA SPRL

Active
Private limited companyfounded 20179 yrs activeRue du Champay,Heure 2, 5377 Somme-Leuze, BelgiumKBO/BCE: BE 0669.936.537
Summary

The computed 12-month bankruptcy probability of CASULA SPRL is 4.9% (elevated). The 2024 annual accounts show equity of €540,394 and a net result of -€41,588. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 4837 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
CASULA SPRLActiveChecked score 39/100
Risk analysis ReportCompare

Overview

Activity
Buying and selling of own real estate
NACE 68110NACE 68100Real estate agency activities NACE 68310
#7 company by total assets in Somme-Leuze, Real estate sector6 sites
Size
€1.8mtotal assets 2024
Staff
8.5 FTE
Equity
€540,394
Loss
-€41,588
Financial health
39 Weak Checked score 2024
Bankruptcy chance 12 m
4.9%
Structure
Board
1 member
Accounts 64 d overdue1 of 2 deeds read
Why 39- 1 financial year not filed after the legal deadline; latest accounts 220 days late; 2 of the last 3 late- Figures for FY 2024 (filed 10-03-2026)+ Sector Real estate activities (NACE 68)+ Liquidity: current ratio 2.95, cash €684,832Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 51% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 56-16
equity 30.6% of total assets
Liquidity 88+8
short-term debt 26.7% · cash 38.8%
Profitability 36-15
return on assets -2.4%
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,417 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▼ -1.5% vs 12-2024lowest value 02-2025: 0.1%▲ +6.0% vs 01-2025 03-2025: 0.1%▲ +8.5% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%▼ -2.6% vs 04-2025 06-2025: 0.1%▲ +17.3% vs 05-2025 07-2025: 0.1%▲ +15.9% vs 06-2025 08-2025: 0.2%▲ +125% vs 07-2025 09-2025: 0.3%▲ +27.1% vs 08-2025 10-2025: 0.5%▲ +80.4% vs 09-2025 11-2025: 0.6%▲ +6.3% vs 10-2025 12-2025: 0.8%▲ +51.1% vs 11-2025 01-2026: 1.3%▲ +54.7% vs 12-2025 02-2026: 1.3%● 0.0% vs 01-2026 03-2026: 1.3%▲ +1.3% vs 02-2026 04-2026: 1.5%▲ +9.8% vs 03-2026 05-2026: 1.9%▲ +32.3% vs 04-2026 06-2026: 1.8%▼ -7.0% vs 05-2026 07-2026: 2.0%▲ +10.0% vs 06-2026 08-2026: 2.8%▲ +42.6% vs 07-2026 09-2026: 3.4%▲ +21.7% vs 08-2026 10-2026: 4.9%▲ +44.0% vs 09-2026highest value
  • 1 financial year not filed after the legal deadline; latest accounts 220 days late; 2 of the last 3 late raises the probability
  • Figures for FY 2024 (filed 10-03-2026) raises the probability
  • Sector Real estate activities (NACE 68) lowers the probability
  • Liquidity: current ratio 2.95, cash €684,832 lowers the probability
Credit up to €21,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.95 against 2.11 in 2023; short-term debt: 26.7% and cash: 38.8% of total assets), but 69.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 50%, liquidity 90%, profitability 32%, growth against the median 31%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 220 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Figures for FY 2024 (filed 10-03-2026)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 2.95, cash €684,832
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-03-2026, 220 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
220 d late
2023
2 d late
2022
31 d late
2021
94 d late
2020
20 d late
2019
206 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 96 days after 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignation: CASULA Anthony (manager)Appointment: CASULA Anthony (non-statutory director)…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Weakest financial yearnet -€41,588

Key points

  • Caution: From profit to loss in 2024after €26,877 in 2023 -€41,588 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Positive: Company by total assets in Somme-Leuze, Real estate…in the Checked rankings #7 View
  • New directorlatest change 27-04-2026 · 1 in office 1 joined View

By topic

Financials

Fiscal year
2024
Total assets
€1.8m
Loss
-€41,588
Solvency
30.6%
Total assets▲ 41.6%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2018
  1. 27-04-2026Resignation: CASULA Anthony (manager)
  2. 08-03-2026Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
6
Legal form
Private limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
24-01-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
45
Who signs
Each director alone
Annual meeting
Third Friday of June
Purpose
L'achat, l'échange, la vente, la prise en location et en sous-location, ainsi que la…
Go to Articles of association

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