Active BE 0894.464.021Public limited company

Kasica

Wervikstraat 116 ·8940 Wervik, Belgium· 18 yrs active

Sector: Real estate activities (68110)

Conclusion Checked

The computed 12-month bankruptcy probability of Kasica is 0.2% (very low). The 2024 annual accounts show equity of €150k and a net result of €91. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 82% of 762 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€150k
Net result	€91
Better than sector	82%
Active	18 yrs

Snowflake analysis 5 axes · computed by Checked

67 / 100

Strong profile, led by solvency.

Health 78

Profitability 0

Solvency 100

Growth 58

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.2% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Established

Founded in 2007, 18 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

78 / 100 Excellent

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 18-07-2025 with the NBB · fiscal year 2024 · volledig

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 7 fiscal years (±0.7%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	71.5%	16.2%	better than 82% of 762 sector peers
Net result	€91	€-2k	better than 53% of 760 sector peers
Equity	€150k	€128k	better than 51% of 762 sector peers
Total assets	€210k	€1.71M	better than 15% of 762 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€10k

+11.1% 18-24

Net profit

€91

-73.7% -99% vs sector

Total assets

€210k

+3.8% -27% vs sector

Equity

€150k

+0.1% -35% vs sector

Working capital

€141k

+0.1% far above sector median

Income taxes

€34

-72.9% -99% vs sector

Debt

€60k

+14.4% -38% vs sector

Debt ≤ 1y

€60k

+14.4% -38% vs sector

Current ratio

3.37

-9.2% +207% vs sector

Quick ratio

3.37

-9.2% +207% vs sector

Solvency

71.5%

-3.6% +18% vs sector

Debt / equity

0.40

+14.3% -13% vs sector

ROE

0.1%

-73.7% -99% vs sector

ROA

0.0%

-74.7% -99% vs sector

Net margin

112.7%

+32.2% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	-
Net profit	€91
Cash flow	-
Staff costs	-
Income taxes	€34
Dividends	-
Total assets	€210k
Equity	€150k
Debt	€60k
of which ≤ 1y	€60k
of which > 1y	-
Working capital	€141k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	3.37
Quick ratio	3.37
Working capital ratio	67.3%
Solvency	71.5%
Debt / equity	0.40
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	0.0%
ROE	0.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €9k · 4.2% Current assets €201k · 95.8%

Equity & liabilities

Equity €150k · 71.5% Debt €60k · 28.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€210k
Fixed assets	21/28	€9k
Financial fixed assets	28	€9k
Current assets	29/58	€201k
Amounts receivable within one year	40/41	€198k
Cash & bank	54/58	€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€210k
Equity	10/15	€150k
Contributions / capital	10/11	€62k
Reserves	13	€88k
Amounts payable	17/49	€60k
Amounts payable within one year	42/48	€60k
Income statement
Operating result	9901	€-4k
Financial income	75	€6k
Financial charges	65	€2k
Result before taxes	9903	€125
Income taxes	67/77	€34
Net result for the period	9904	€91
Result to be appropriated	9905	€91

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Ratios computed by Checked.

Legal Structure

NACE primary	Real estate activities(68110)
Legal form	Public limited company(014)
Incorporation	26-12-2007
Status	Active
Postal code	8940

Establishment units 1 location

Kasica

Wervikstraat 116, 8940 Wervikhet op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren...

since 20072.169.177.445

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
33009C1360/00B009	Flanders	945 m²	1 · 276 m²	12.3 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

18-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · volledig

2024

29-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

22-01-2024

State Gazette act Director changes

Filip Logghe

2023

04-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · volledig

2022

27-07-2022

NBB filing Annual accounts filed

fiscal year 2021 · volledig

2021

27-07-2021

NBB filing Annual accounts filed

fiscal year 2020 · volledig

2020

28-10-2020

NBB filing Annual accounts filed

fiscal year 2019 · volledig

2019

26-07-2019

NBB filing Annual accounts filed

fiscal year 2018 · volledig

2018

21-06-2018

NBB filing Annual accounts filed

fiscal year 2017 · verkort

2017

20-07-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2016

30-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2024

22-01-2024 6 directors appointed Director changes·Filip Logghe

Duverger Frankie, Bestuurder
Beauprez Belinda, Bestuurder
Duverger Saar, Bestuurder
Duverger Flore, Bestuurder
Duverger Frankie, Gedelegeerd bestuurder
Beauprez Belinda, Gedelegeerd bestuurder

Notary: Filip Logghe · Menen

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Activities

Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100

Primary activity highlighted.

Names & trade names

Legal nameNL

Kasica

Registered office

Wervikstraat 116

8940 Wervik, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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