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KASTER KEUKENS

Active
Public limited companyfounded 2018active for 8 yearsKrommebeekpark 16, 8800 Roeselare, BelgiumKBO/BCE: BE 0705.868.109
Summary

The computed 12-month bankruptcy probability of KASTER KEUKENS is 1.9% (moderate). The 2025 annual accounts show equity of €762,555 and a net result of -€778,477. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 11% of 151 sector peers (NACE 31, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of furniture
NACE 31002
Fastest staff growth in West Flanders, Furniture sector1 site
Size
€14.8mturnover 2025
Staff
44 FTE
Equity
€762,555
Loss
-€778,477
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Largest shareholder
ALLTOPE · 25%
  • CATTEEUW BERT bvDirector
Auditor: VRC BEDRIJFSREVISORENAccounts 17 days early2 of 5 deeds read
Why 53raises riskLiquidity: current ratio 0.40, cash €180,451Equity €762,555 (3.9% of total assets)Sector: Manufacture of furniture (NACE 31)Size: turnover €14.8m, 44 FTE, total assets €19.5mShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 31, small)
Financial strength · tick = 2024
Weak
Solvency 29-3
equity 3.9% of total assets
Liquidity 33-6
short-term debt 39.6% · cash 0.9%
Profitability 46+1
return on assets -4.0%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (136 companies, NACE 31, small)
Last 24 months 11-2024: 2.8% 12-2024: 2.5%▼ -0.3 percentage points vs 11-2024 01-2025: 2.7%▲ +0.2 percentage points vs 12-2024 02-2025: 3.2%▲ +0.5 percentage points vs 01-2025 03-2025: 2.3%▼ -0.9 percentage points vs 02-2025 04-2025: 2.3%● unchanged vs 03-2025 05-2025: 2.3%● unchanged vs 04-2025 06-2025: 2.3%● unchanged vs 05-2025 07-2025: 2.3%● unchanged vs 06-2025 08-2025: 2.3%● unchanged vs 07-2025 09-2025: 2.3%● unchanged vs 08-2025 10-2025: 2.3%● unchanged vs 09-2025 11-2025: 2.3%● unchanged vs 10-2025 12-2025: 2.4%▲ +0.1 percentage points vs 11-2025 01-2026: 2.6%▲ +0.2 percentage points vs 12-2025 02-2026: 3.1%▲ +0.5 percentage points vs 01-2026 03-2026: 3.2%▲ +0.1 percentage points vs 02-2026 04-2026: 3.5%▲ +0.3 percentage points vs 03-2026 05-2026: 2.8%▼ -0.7 percentage points vs 04-2026 06-2026: 3.0%▲ +0.2 percentage points vs 05-2026 07-2026: 4.6%▲ +1.6 percentage points vs 06-2026highest value 08-2026: 1.9%▼ -2.7 percentage points vs 07-2026lowest value 09-2026: 1.9%● unchanged vs 08-2026lowest value 10-2026: 1.9%● unchanged vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.4, compared with 0.55 in 2024, below 1; short-term debt: 39.6% and cash: 0.9% of total assets), and 96.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 31, small): better than 11% on solvency, 32% on liquidity and 33% on profitability.

The bankruptcy probability was computed on 22-10-2026 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.

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

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Signals

Six signals.
raises riskneutral
raises risk · Liquidity: current ratio 0.40, cash €180,451
NBB · annual accounts
raises risk · Equity €762,555 (3.9% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of furniture (NACE 31)
KBO
raises risk · Size: turnover €14.8m, 44 FTE, total assets €19.5m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 151 sector peers (2025).
NBB · sector comparison
Position among 151 sector peers
Solvency
better than 11%
← weakest strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
17 days early
2024
85 days early
2023
84 days early
2022
40 days early
2021
135 days early
2020
41 days early
← 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 67 days before the deadline; the sector median (NACE 31) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€778,477
  3. Appointment: VRC BEDRIJFSREVISOREN (statutory auditor)Power of attorney

Key points

  • Caution: From profit to loss in 2025after €406,465 in 2024 -€778,477 View
  • Caution: Among the weakest 5% on net resultsector median €26,911 · 151 companies -€778,477 View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Turnover
€14.8m
Loss
-€778,477
Solvency
3.9%
Go to Financials

Board & ownership

Board
1 member
Largest shareholder
ALLTOPE · 25%
Auditor
VRC BEDRIJFSREVISOREN
  • CATTEEUW BERT bvDirector
Go to Board & ownership

Timeline

Events
13
Since
2020
  1. 04-02-2025Annual accounts filed
  2. 30-09-2024Highest result from 2020 to 2025
  3. 11-04-2024Permanent representative: Bert Catteeuw
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of furnitureNACE 31002
Founded
26-09-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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