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KASIBEL

Active Private limited companyfounded 2012active for 14 yearsPrins de Lignelaan 89, 1180 UccleKBO/BCE: BE 0843.754.401

Lifetime

14 annual accounts with figures on one time axis
peak €20,994 (2015)
€4,609▼ 57.5%
lowest -€9,720 (2013)
€347▼ 91.8%
peak €15,290 (2025)
€15,290▲ 2.3%
€5,351▲ 71.8%
Board2 names since 2020
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €10,854 to €4,609Result from €4,213 to €347Debts from €3,115 to €5,351Cash from €280 to €7,867

Key points

from the 2025 annual accounts

Equity

€15,290 ▲ 2.3%

KASIBEL has made a profit without a break since 2019.

Turnover

≈ €48,000 estimated

The micro format states no turnover.

Position in the sector

74.1%

Higher solvency than 83% of companies in retail trade. Sector median 33.1% · 22,924 companies.

Checked score

95
Excellent
Financially stronger than 68% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

99-1equity 74.1% of total assets
88+41short-term debt 25.9% · cash 38.1%
71-27return on assets 1.7%

Score breakdown

raises risk
Size: total assets €20,641
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2012
Liquidity: current ratio 3.36, cash €7,867
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 84% of them on solvency, 90% on liquidity, 53% on profitability and 46% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as KASIBEL has now. Each dot stands for 28 companies, two years later.

95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of KASIBEL itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,904 companies, not a prediction for KASIBEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.36 (4.33 in 2024), above the usual 1.5. Short-term debt is 25.9% and cash 38.1% of total assets. 25.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 3.36, cash €7,867
NBB · annual accounts
raises risk · Size: total assets €20,641
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
49 days early
2023
44 days early
2022
38 days early
2021
49 days early
2020
16 days late
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0843754401
Change of role: DEBAUCHE Anne-Catherine, from manager to director Director discharge: DEBAUCHE Anne-Catherine (manager) · General meeting of 05-10-2023 · Gazette deed
Resignation: Jean-Etienne Lesire (manager) General meeting of 01-01-2020 · Gazette deed
Registered office moved within Brussels New registered office: Avenue du Prince de Ligne 89 à 1180 Bruxelles · Previous registered office: Langeveld 117 à 1180 Bruxelles · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
KASIBEL Uccle €20,641 €4,609 74.1% -
SMK SERVICES Schaerbeek €20,491 €4,271 47.6% -
NE CONSULT Rixensart €15,960 €4,327 -197.0% -
FAROMCO Hemiksem €36,931 €4,643 80.8% -
NL PHARMA Florennes €33,758 €7,229 13.3% -
Goed Aalter Anderlecht €31,881 €10,331 -55.6% -
CROIXSSANCE PHARMA Zaventem €9,474 €5,783 -158.5% -

These companies have the same main activity as KASIBEL: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €9,470 and €36,900, founded between 2008 and 2016.

Official details

Source: KBO
Status
Active since 17-02-2012Normal situation
Activity
Retail sale of pharmaceutical productsNACE 47730
Establishment unit
2.207.416.7261180 Uccle, since 17-02-2012
Financial year end
31 December
Peppol
Reachable since 01-12-2025
Company details

Annual accounts 2025

€20,641▲ 14.3%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on KASIBEL

KASIBEL files the micro format. That format states no turnover. The gross margin rose from -€1,547 in 2012 to €4,609 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KASIBEL

What is the company number of KASIBEL?
The company number of KASIBEL is 0843.754.401. The VAT number is the same number with BE in front: BE 0843.754.401.
Where is KASIBEL based?
The registered office is at Prins de Lignelaan 89, 1180 Uccle.Company details
What does KASIBEL do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of KASIBEL?
KASIBEL is a private limited company (BV).
When was KASIBEL founded?
KASIBEL was founded on 17-02-2012.
Is KASIBEL still active?
Yes, KASIBEL is an active enterprise in the KBO register.
What is the turnover of KASIBEL?
The turnover in financial year 2025 is ≈ €48,000. This figure is estimated from the gross margin of €4,609 and 118 comparable companies (NACE 477). It probably lies between €18,000 and €100,000. It is a rough estimate.Financials
Is KASIBEL profitable?
In financial year 2025, KASIBEL made a profit of €347.
Where can I find the annual accounts of KASIBEL?
KASIBEL filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KASIBEL due?
KASIBEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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