KaSaSt
ActiveSummary
The computed 12-month bankruptcy probability of KaSaSt is 2.1% (moderate). The 2024 annual accounts show equity of €383k and a net result of €14k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 28% of 9982 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability40▼-32
Solvency46=
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.25 against 0.08 in 2023; short-term debt: 6.2% and cash: 1.5% of total assets), and 78.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
26 d early
2022
32 d early
2021
5 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€383k▼ 2.8%
2023 · €394k
2021: €361k
2022: €348k▼ -3.7% vs 2021lowest in 4 years
2023: €394k▲ +13.4% vs 2022highest in 4 years
2024: €383k▼ -2.8% vs 2023
2021 → 2024
Total assets
€1.80M▼ 3.1%
2023 · €1.86M
2021: €1.34Mlowest in 4 years
2022: €1.87M▲ +39.3% vs 2021highest in 4 years
2023: €1.86M▼ -0.7% vs 2022
2024: €1.80M▼ -3.1% vs 2023
2021 → 2024
Net result
€14k▼ 69.2%
2023 · €47k
2021: €-46klowest in 4 years
2022: €-14k▲ +70.3% vs 2021
2023: €47k▲ +444% vs 2022highest in 4 years
2024: €14k▼ -69.2% vs 2023
2021 → 2024
Working capital
€-83k▲ 48.2%
2023 · €-161k
2021: €-73khighest in 4 years
2022: €-81k▼ -10.7% vs 2021
2023: €-161k▼ -98.7% vs 2022lowest in 4 years
2024: €-83k▲ +48.2% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€361k-€348k▼ 3.7%€394k▲ 13.4%€383k▼ 2.8%
2021: €361k
2022: €348k▼ -3.7% vs 2021lowest in 4 years
2023: €394k▲ +13.4% vs 2022highest in 4 years
2024: €383k▼ -2.8% vs 2023
Operating result€-25k-€11k€64k▲ 475%€58k▼ 10.2%
2021: €-25klowest in 4 years
2022: €11k▲ +145% vs 2021
2023: €64k▲ +475% vs 2022highest in 4 years
2024: €58k▼ -10.2% vs 2023
Net result€-46k-€-14k▲ 70.3%€47k€14k▼ 69.2%
2021: €-46klowest in 4 years
2022: €-14k▲ +70.3% vs 2021
2023: €47k▲ +444% vs 2022highest in 4 years
2024: €14k▼ -69.2% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.80M
Fixed assets
€1.77M ▼ 3.8%
Current assets
€28k ▲ 89.0%
Equity and liabilities €1.80M
Equity
€383k ▼ 2.8%
Debt
€1.42M ▼ 3.2%
Debt's share of the balance-sheet total falls from 78.8% to 78.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€105k▼
2023 · €110k
Cash flow
€62k▼
2023 · €92k
Current ratio
0.25▲
2023 · 0.08
Debt to equity
3.70▼
2023 · 3.71
ROE
3.7%▼
2023 · 11.8%
ROA
0.8%▼
2023 · 2.5%
Interest coverage
2.45▼
2023 · 6.23
Debt ≤ 1 year
€111k▼
2023 · €176k
Debt > 1 year
€1.29M▲
2023 · €1.29M
Income taxes
€286
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.86M€1.80M▼
Fixed assets21/28€1.84M€1.77M▼
Tangible fixed assets22/27€1.84M€1.77M▼
Land and buildings22€1.75M€1.77M▲
Assets under construction and advance payments27€94k-
Financial fixed assets28€904€904=
Current assets29/58€15k€28k▲
Cash at bank and in hand54/58€14k€27k▲
Deferred charges and accrued income490/1€702€712▲
Equity and liabilities
Total equity and liabilities10/49€1.86M€1.80M▼
Equity10/15€394k€383k▼
Contributions10/11€407k€407k=
Profit (loss) carried forward14€-13k€-24k▼
Amounts payable17/49€1.46M€1.42M▼
Amounts payable after more than one year17€1.29M€1.29M▲
Financial debts170/4€996k€920k▼
Other amounts payable178/9€290k€375k▲
Amounts payable within one year42/48€176k€111k▼
Current portion of amounts payable after more than one year42€75k€76k▲
Trade debts44€186€55▼
Suppliers440/4€186€55▼
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€6k€5k▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€94k€29k▼
Accrued charges and deferred income492/3€850€10k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€48k▲
Other operating charges640/8€4k€9k▲
Gross operating margin9900€114k€114k▼
Operating profit (loss)9901€64k€58k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€18k€43k▲
Recurring financial charges65€18k€43k▲
Profit (loss) for the period before taxes9903€47k€15k▼
Income taxes67/77-€286
Profit (loss) for the period9904€47k€14k▼
Profit (loss) for the period to be appropriated9905€47k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-24k▼
Profit (loss) brought forward from the previous period14P€-59k€-38k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €13k | €45k | €48k | ▲ 4.8% |
| Other operating charges640/8 | €3k | €599 | €4k | €9k | ▲ 96.8% |
| Gross operating margin9900 | €-21k | €25k | €114k | €114k | ▼ 0.1% |
| Operating profit (loss)9901 | €-25k | €11k | €64k | €58k | ▼ 10.2% |
| Financial income75/76B | €0 | €31 | €0 | - | - |
| Recurring financial income75 | €0 | €31 | €0 | - | - |
| Financial charges65/66B | €21k | €25k | €18k | €43k | ▲ 144% |
| Recurring financial charges65 | €21k | €25k | €18k | €43k | ▲ 144% |
| Profit (loss) for the period before taxes9903 | €-46k | €-13k | €47k | €15k | ▼ 68.6% |
| Income taxes67/77 | - | €131 | - | €286 | - |
| Profit (loss) for the period9904 | €-46k | €-14k | €47k | €14k | ▼ 69.2% |
| Profit (loss) for the period to be appropriated9905 | €-46k | €-14k | €47k | €14k | ▼ 69.2% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.34M | €1.87M | €1.86M | €1.80M | ▼ 3.1% |
| Fixed assets21/28 | €1.21M | €1.79M | €1.84M | €1.77M | ▼ 3.8% |
| Tangible fixed assets22/27 | €1.20M | €1.79M | €1.84M | €1.77M | ▼ 3.8% |
| Land and buildings22 | €307k | €1.79M | €1.75M | €1.77M | ▲ 1.3% |
| Assets under construction and advance payments27 | €898k | - | €94k | - | - |
| Financial fixed assets28 | €904 | €904 | €904 | €904 | = |
| Current assets29/58 | €135k | €79k | €15k | €28k | ▲ 89.0% |
| Amounts receivable within one year40/41 | €44k | €42k | - | - | - |
| Trade receivables40 | €32k | €42k | - | - | - |
| Other amounts receivable41 | €12k | - | - | - | - |
| Cash at bank and in hand54/58 | €91k | €37k | €14k | €27k | ▲ 93.4% |
| Deferred charges and accrued income490/1 | - | - | €702 | €712 | ▲ 1.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.34M | €1.87M | €1.86M | €1.80M | ▼ 3.1% |
| Equity10/15 | €361k | €348k | €394k | €383k | ▼ 2.8% |
| Contributions10/11 | €407k | €407k | €407k | €407k | = |
| Profit (loss) carried forward14 | €-46k | €-59k | €-13k | €-24k | ▼ 88.5% |
| Amounts payable17/49 | €980k | €1.52M | €1.46M | €1.42M | ▼ 3.2% |
| Amounts payable after more than one year17 | €772k | €1.36M | €1.29M | €1.29M | ▲ 0.7% |
| Financial debts170/4 | €772k | €1.07M | €996k | €920k | ▼ 7.6% |
| Other amounts payable178/9 | - | €290k | €290k | €375k | ▲ 29.3% |
| Amounts payable within one year42/48 | €209k | €160k | €176k | €111k | ▼ 36.8% |
| Current portion of amounts payable after more than one year42 | - | €74k | €75k | €76k | ▲ 1.2% |
| Trade debts44 | €29k | €52k | €186 | €55 | ▼ 70.5% |
| Suppliers440/4 | €29k | €52k | €186 | €55 | ▼ 70.5% |
| Taxes, remuneration and social security45 | €2k | €25k | €7k | €6k | ▼ 3.5% |
| Taxes450/3 | €2k | €24k | €6k | €5k | ▼ 4.2% |
| Remuneration and social security454/9 | - | €1k | €1k | €1k | = |
| Other amounts payable47/48 | €178k | €9k | €94k | €29k | ▼ 69.5% |
| Accrued charges and deferred income492/3 | - | €750 | €850 | €10k | ▲ 1,065% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-46k | €-14k | €47k | €14k | ▼ 69.2% |
| + Depreciation and write-downs630 | - | €13k | €45k | €48k | ▲ 4.8% |
| Operating cash flow (approximation) | €-46k | €-623 | €92k | €62k | ▼ 32.6% |
| Investment in fixed assets (approximation) | - | €-597k | €-97k | €23k | ▲ 124% |
| Change in cash | - | €-54k | €-23k | €13k | ▲ 157% |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €47k
Net result €47k after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Geel · 1 establishment unit since 2020
Ground area
909 m²
Building footprint
266 m²
Volume, LiDAR
1,268 m³
Parcel 13008H0753/00D002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
KaSaSt
since 20202.308.622.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13008H0753/00D002 | Flanders | 909 m² | 1 · 266 m² | 10.5 m · 2 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.
Similar companies · same sector, comparable size
REVAN Algemene Bouwwerken
BE 0508.615.936
Waregem · Eq €383,077
CORNELIS PROJECTS
BE 0479.287.292
Lievegem · Eq €383,113
DIVACT
BE 0473.968.922
Staden · Eq €383,244
CLEJO
BE 0457.693.312
Diest · Eq €383,247
SIERAKOWSKI-GROUPE
BE 0806.386.536
Schaarbeek · Eq €383,389
Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 10,208 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
Founded09-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
E-mail
verellen.guy@telenet.be
Scores and ratios are computed by Checked and are not a credit decision.