RIK VANDECASTEELE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.58M and a net result of €116k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 93% of 5498 sector peers (fiscal year 2025). The company has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-01-2026, 91 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
91 d early
2024
141 d early
2023
117 d early
2022
39 d early
2021
92 d early
2020
3 d early
2019
91 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.58M=
2024 · €3.57M
2018: €3.55M
2019: €3.55M
2020: €3.57M
2021: €3.57M
2022: €3.57M
2023: €3.57M
2024: €3.57M
2018 → 2025
Net result
€116k▼ 98.3%
2024 · €6.70M
2018: €818k
2019: €728k
2020: €372k
2021: €286k
2022: €531k
2023: €758k
2024: €6.70M
2018 → 2025
Total assets
€3.69M▼ 70.3%
2024 · €12.44M
2018: €6.10M
2019: €6.13M
2020: €5.80M
2021: €6.04M
2022: €6.28M
2023: €6.07M
2024: €12.44M
2018 → 2025
Solvency
96.8%▲ 68.1pp
2024 · 28.7%
2018: 58.2%
2019: 58.0%
2020: 61.5%
2021: 59.1%
2022: 56.9%
2023: 58.9%
2024: 28.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.57M-€3.57M=€3.57M=€3.57M▲ 0.1%€3.58M=
Operating result€359k-€507k▲ 41.1%€863k▲ 70.3%€209k▼ 75.8%€19k▼ 91.0%
Net result€286k-€531k▲ 85.8%€758k▲ 42.9%€6.70M▲ 784%€116k▼ 98.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 91% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.69M
Fixed assets
€3.41M▼ 0.2%
Current assets
€284k▼ 96.9%
Equity and liabilities €3.69M
Equity
€3.58M=
Debt
€118k▼ 98.7%
The debt ratio falls from 71.3% to 3.2%. Debt is lower.
Key figures and ratios
Solvency
96.8%▲
2024 · 28.7%
ROE
3.3%▼
2024 · 187.5%
ROA
3.1%▼
2024 · 53.9%
Debt
€118k▼
2024 · €8.87M
Debt ≤ 1 year
€117k▼
2024 · €6.86M
Debt > 1 year
€0▼
2024 · €2.01M
Income taxes
€39k▼
2024 · €53k
Staff costs
€23▼
2024 · €25k
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€12.44M€3.69M▼
Fixed assets21/28€3.42M€3.41M▼
Tangible fixed assets22/27€945k€938k▼
Land and buildings22€672k€657k▼
Other tangible fixed assets26€273k€281k▲
Financial fixed assets28€2.47M€2.47M=
Current assets29/58€9.03M€284k▼
Amounts receivable after more than one year29-€203k
Other amounts receivable291-€203k
Amounts receivable within one year40/41€13k€42k▲
Trade receivables40€57€32k▲
Other amounts receivable41€12k€10k▼
Current investments50/53€8.85M€0▼
Cash at bank and in hand54/58€165k€39k▼
Deferred charges and accrued income490/1-€375
Equity and liabilities
Total equity and liabilities10/49€12.44M€3.69M▼
Equity10/15€3.57M€3.58M=
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Revaluation surpluses12€16k€16k=
Reserves13€3.46M€3.46M=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€3.45M€3.45M=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€8.87M€118k▼
Amounts payable after more than one year17€2.01M€0▼
Other amounts payable178/9€2.01M€0▼
Amounts payable within one year42/48€6.86M€117k▼
Trade debts44€158k€1k▼
Suppliers440/4€158k€1k▼
Taxes, remuneration and social security45€9k€148▼
Taxes450/3€9k€148▼
Remuneration and social security454/9€0-
Other amounts payable47/48€6.69M€116k▼
Accrued charges and deferred income492/3€1k€876▼
Income statement
Code20242025
Non-recurring operating income76A€37k€0▼
Remuneration, social security and pensions62€25k€23▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€15k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€290k€38k▼
Operating profit (loss)9901€209k€19k▼
Financial income75/76B€6.67M€157k▼
Recurring financial income75€175k€157k▼
Non-recurring financial income76B€6.50M€0▼
Financial charges65/66B€123k€21k▼
Recurring financial charges65€123k€21k▼
Profit (loss) for the period before taxes9903€6.76M€155k▼
Income taxes67/77€53k€39k▼
Profit (loss) for the period9904€6.70M€116k▼
Profit (loss) for the period to be appropriated9905€6.70M€116k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6.70M€116k▼
Transfer to equity691/2€4k€237▼
To other reserves6921€4k€237▼
Profit to be distributed694/7€6.70M€116k▼
Return on contributions (dividend)694€6.65M€116k▼
Directors or managers695€50k€0▼
Social balance
Average headcount (FTE)90870.30.0▼
The notes to these accounts (11 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €116k ▼98.3%
Net result drops to €116k, the lowest in the series.
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-09
Financial
Highest result since 2018net €6.70M ▲784%
Net result €6.70M, the highest in the series.
30-09
Financial
Liquidity doublescurrent ratio 1.32
Current ratio from 0.56 to 1.32.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-03
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
9 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, Waasmunster · 2 establishment units since 1984
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.
Kastanjelaan 279250 WaasmunsterGround area
6,593 m²
Building footprint
3,213 m²
Volume, LiDAR
15,318 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Kastanjelaan 27, 9250 Waasmunster
since 19842.025.370.292
Weverslaan 14, 9160 Lokeren
since 20122.236.238.394
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A1202/00P000 | Flanders | 5,145 m² | 1 · 2,717 m² | 10.6 m · 1 fl. |
| 42342C1576/00X000 | Flanders | 1,448 m² | 1 · 496 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
MODACAR INVEST
BE 0473.285.764
Hooglede · Eq €3.57M
GROEP VANGHELUWE
BE 0538.907.056
Izegem · Eq €3.57M
Zurenborg Management
BE 1000.336.650
Antwerpen · Eq €3.58M
BRAINBRIDGE HOLDING
BE 0466.784.883
Antwerpen · Eq €3.58M
ECOSWEEPER
BE 0899.769.426
Halen · Eq €3.57M
Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 9,162 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-09-1984
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.