Kastaar
ActiveKastaar has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220k and a net result of €284k. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 9099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
76
/ 100
Excellent▲ +33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+99
Solvency39▲+15
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.47 in 2024), but 91.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
8.9%
Return on assets
11.6%
Age of the figures
8 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
5 d early
2022
3 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€220k▲ 68.1%
2024 · €131k
2022: €95k
2023: €131k
2024: €131k
2022 → 2025
Total assets
€2.46M▼ 23.5%
2024 · €3.21M
2022: €2.04M
2023: €2.15M
2024: €3.21M
2022 → 2025
Net result
€284k▲ 169,407%
2024 · €168
2022: €185k
2023: €116k
2024: €168
2022 → 2025
Working capital
€1.09M▲ 5.5%
2024 · €1.03M
2022: €435k
2023: €611k
2024: €1.03M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€95k-€131k▲ 38.0%€131k▲ 0.1%€220k▲ 68.1%
Operating result€198k-€163k▼ 17.5%€64k▼ 60.6%€387k▲ 504%
Net result€185k-€116k▼ 37.2%€168▼ 99.9%€284k▲ 169,407%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 504% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.46M
Fixed assets
€342k
Current assets
€2.12M
Equity and liabilities €2.46M
Equity
€220k▲ 68.1%
Debt
€2.24M▼ 27.4%
The debt ratio falls from 95.9% to 91.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€395k
Cash flow
€292k
Solvency
8.9%▲
2024 · 4.1%
Current ratio
2.05▲
2024 · 1.47
Quick ratio
0.69▲
2024 · 0.05
Debt / equity
10.18▼
2024 · 23.56
ROE
129.3%▲
2024 · 0.1%
ROA
11.6%▲
2024 · 0.0%
Interest coverage
5.50
Debt
€2.24M▼
2024 · €3.08M
Debt ≤ 1 year
€1.03M▼
2024 · €2.18M
Debt > 1 year
€1.21M▲
2024 · €900k
Income taxes
€31k▲
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.21M€2.46M▼
Fixed assets21/28-€342k
Tangible fixed assets22/27-€342k
Land and buildings22-€342k
Current assets29/58€3.21M€2.12M▼
Stocks and contracts in progress3€3.11M€1.40M▼
Contracts in progress37€3.11M€1.40M▼
Amounts receivable within one year40/41€189€8k▲
Trade receivables40-€4k
Other amounts receivable41€189€4k▲
Cash at bank and in hand54/58€98k€701k▲
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€3.21M€2.46M▼
Equity10/15€131k€220k▲
Contributions10/11€50k€50k=
Reserves13-€170k
Distributable reserves133-€170k
Profit (loss) carried forward14€81k€0▼
Amounts payable17/49€3.08M€2.24M▼
Amounts payable after more than one year17€900k€1.21M▲
Financial debts170/4€230k€489k▲
Other amounts payable178/9€670k€720k▲
Amounts payable within one year42/48€2.18M€1.03M▼
Current portion of amounts payable after more than one year42€1.93M€731k▼
Financial debts43€474€26▼
Credit institutions430/8€474€26▼
Trade debts44€25k€28k▲
Suppliers440/4€25k€28k▲
Taxes, remuneration and social security45€12k€4k▼
Taxes450/3€12k€4k▼
Other amounts payable47/48€220k€268k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€8k
Other operating charges640/8€1k€1k▲
Gross operating margin9900€65k€396k▲
Operating profit (loss)9901€64k€387k▲
Financial income75/76B€1k€1▼
Recurring financial income75€1k€1▼
Financial charges65/66B€65k€72k▲
Recurring financial charges65€65k€72k▲
Profit (loss) for the period before taxes9903€307€315k▲
Income taxes67/77€140€31k▲
Profit (loss) for the period9904€168€284k▲
Profit (loss) for the period to be appropriated9905€168€284k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€365k▲
Profit (loss) brought forward from the previous period14P€81k€81k▲
Transfer to equity691/2-€170k
To other reserves6921-€170k
Profit to be distributed694/7€0€195k▲
Directors or managers695€0€195k▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2022net €284k ▲169407%
Operating result €387k, net result €284k, both a record.
31-12
Financial
Equity above €200kEq €220k ▲68.1%
4 profitable years in a row build equity to €220k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €168 ▼99.9%
Net result drops to €168, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100kEq €131k ▲38%
2 profitable years in a row build equity to €131k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Robert Molsstraat 72018 AntwerpenGround area
113 m²
Building footprint
85 m²
Volume, LiDAR
995 m³
Parcel 11810K1797/00R004, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Kastaar
since 20212.318.567.145
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1797/00R004 | Flanders | 113 m² | 1 · 85 m² | 16.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
TRUST
BE 0845.448.535
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GWP Projects
BE 0751.723.472
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Montreal Development
BE 0503.871.151
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KUPA INVEST
BE 0727.616.301
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JACQUES LEROY
BE 0870.794.833
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Of 9,633 companies in sector 68121 we hold annual accounts for 7,327. 5,269 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2021
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.