La Cassine
ActiveLa Cassine has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €987k and a net result of €-198k. Equity is shrinking by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth66▲+12
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 7.21 against 8.38 in 2024), and 13.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Sector 87
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
86.1%
Return on assets
-17.3%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€198k
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
42 d early
2023
62 d early
2022
48 d early
2021
45 d early
2020
3 d early
2019
42 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€374k▲ 102%
2024 · €185k
2018: €143k
2019: €146k
2020: €179k
2021: €215k
2022: €195k
2023: €204k
2024: €185k
2018 → 2025
EBIT margin
-57.5%▲ 115.3pp
2024 · -172.9%
2018: -266.4%
2019: -215.1%
2020: -174.9%
2021: -208.1%
2022: -168.9%
2023: -153.2%
2024: -172.9%
2018 → 2025
Net result
€-198k▲ 29.1%
2024 · €-280k
2018: €-351k
2019: €-287k
2020: €-287k
2021: €-421k
2022: €-312k
2023: €-247k
2024: €-280k
2018 → 2025
Working capital
€987k▼ 16.7%
2024 · €1.19M
2018: €3.49M
2019: €3.20M
2020: €2.92M
2021: €2.02M
2022: €1.71M
2023: €1.47M
2024: €1.19M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€215k-€195k▼ 9.2%€204k▲ 4.6%€185k▼ 9.6%€374k▲ 102%
Equity€2.02M-€1.71M▼ 15.4%€1.47M▼ 14.4%€1.19M▼ 19.1%€987k▼ 16.7%
Operating result€-447k-€-330k▲ 26.3%€-313k▲ 5.1%€-319k▼ 2.0%€-215k▲ 32.6%
Net result€-421k-€-312k▲ 25.9%€-247k▲ 20.9%€-280k▼ 13.3%€-198k▲ 29.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €215k in 2025 against €319k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.15M
Equity
€987k▼ 16.7%
Debt
€159k▼ 1.0%
The debt ratio rises from 11.9% to 13.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
Solvency
86.1%▼
2024 · 88.1%
Current ratio
7.21▼
2024 · 8.38
Quick ratio
7.21▼
2024 · 8.38
Debt / equity
0.16▲
2024 · 0.14
ROE
-20.1%▲
2024 · -23.6%
ROA
-17.3%▲
2024 · -20.8%
Debt
€159k▼
2024 · €161k
Debt ≤ 1 year
€159k▼
2024 · €161k
Staff costs
€854k▲
2024 · €852k
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€1.35M€1.15M▼
Fixed assets21/28€0-
Financial fixed assets28€0-
Other financial fixed assets284/8€0-
Amounts receivable and cash guarantees285/8€0-
Current assets29/58€1.35M€1.15M▼
Amounts receivable within one year40/41€1.29M€1.01M▼
Trade receivables40€11k€151k▲
Other amounts receivable41€1.28M€863k▼
Cash at bank and in hand54/58€54k€130k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.35M€1.15M▼
Equity10/15€1.19M€987k▼
Reserves13€5.57M€5.57M=
Profit (loss) carried forward14€-4.39M€-4.59M▼
Amounts payable17/49€161k€159k▼
Amounts payable within one year42/48€161k€159k▼
Trade debts44€8k€6k▼
Suppliers440/4€8k€6k▼
Taxes, remuneration and social security45€152k€153k▲
Taxes450/3€5k€6k▲
Remuneration and social security454/9€148k€147k▼
Income statement
Code20242025
Operating income70/76A€797k€901k▲
Turnover70€185k€374k▲
Own construction capitalised72€1k-
Other operating income74€611k€527k▼
Operating charges60/66A€1.12M€1.12M▼
Goods for resale, raw materials and consumables60-€61
Purchases600/8-€61
Services and other goods61€243k€250k▲
Remuneration, social security and pensions62€852k€854k▲
Other operating charges640/8€22k€11k▼
Operating profit (loss)9901€-319k€-215k▲
Financial income75/76B€50k€17k▼
Recurring financial income75€50k€17k▼
Income from current assets751€50k€17k▼
Financial charges65/66B€10k€112▼
Recurring financial charges65€10k€112▼
Other financial charges652/9€10k€112▼
Profit (loss) for the period before taxes9903€-280k€-198k▲
Profit (loss) for the period9904€-280k€-198k▲
Profit (loss) for the period to be appropriated9905€-280k€-198k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4.39M€-4.59M▼
Profit (loss) brought forward from the previous period14P€-4.11M€-4.39M▼
Social balance
Average headcount (FTE)908715.615.6=
The notes to these accounts (17 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity triplescurrent ratio 13.70
Current ratio from 4.42 to 13.70; short-term debt falls from €592k to €135k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-421k
Net result drops to €-421k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
23-07-2024
Simon LOUCKX: Resigned as Daily management
18-05-2023
BBW: Resigned as Director
23-12-2019
BBW: Resigned as Director
03-06-2019
Gaelle COUSIN: Resigned as Daily management
08-02-2018
EDGAR: Resigned as Director
08-02-2018
PANTAR: Resigned as Director
06-11-2017
Nathalie HEMES: Resigned as Director
19-10-2016
G-Partners Belgium: Resigned as Director
19-10-2016
LE CLERMY: Resigned as Director
31-03-2016
Carine BALCAEN: Resigned as Director
31-03-2016
Michel LAGAESSE: Resigned as Director
04-04-2013
Anne Lauwers: Resigned as Director
04-04-2013
Lucette Dehon: Resigned as Director
04-04-2013
Michel Lagaese: Resigned as Managing director
04-04-2013
Pierre Lagaese: Resigned as Director
04-04-2013
SNC LAGAESE: Resigned as Director
Location & real-estate footprint
Registered office, Flobecq · 3 establishment units since 1995
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.
Jouretplein 14-167880 FlobecqGround area
1.4 ha
Building footprint
854 m²
Volume, LiDAR
7,026 m³
3 parcels, Wallonia · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
La Cassine 2
since 19952.155.848.952
La Cassine 1
since 20112.210.363.942
La Cassine 3
since 20112.210.364.041
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51019B0072/00H000 | Wallonia | 7,427 m² | 1 · 250 m² | 13.6 m · 3 fl. |
| 51019C1256/00E000 | Wallonia | 4,751 m² | 1 · 449 m² | - |
| 51019F0798/00T003 | Wallonia | 1,608 m² | 1 · 155 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteFlobecq/Vloesberg
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Of 323 companies in sector 87202 we hold annual accounts for 274. 217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded01-08-1995
Fiscal year end31-12
Activities, NACEBEL
85314
87202Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.