De Christelijke Sociale Werken van het Arrondissement Brussel
ActiveSummary
De Christelijke Sociale Werken van het Arrondissement Brussel has been active since 1957 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.28M and a net result of €100k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▲+24
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 21.93 against 14.52 in 2023; short-term debt: 2.2% and cash: 17.5% of total assets), and 2.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
97.6%
Return on assets
1.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
19 d early
2022
3 d early
2021
24 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€6.28M▲ 1.6%
2023 · €6.18M
2018: €5.19Mlowest in 7 years
2019: €5.40M▲ +4.1% vs 2018
2020: €5.59M▲ +3.5% vs 2019
2021: €5.78M▲ +3.4% vs 2020
2022: €5.94M▲ +2.8% vs 2021
2023: €6.18M▲ +4.0% vs 2022
2024: €6.28M▲ +1.6% vs 2023highest in 7 years
2018 → 2024
Total assets
€6.43M▲ 0.3%
2023 · €6.41M
2018: €5.41Mlowest in 7 years
2019: €5.65M▲ +4.4% vs 2018
2020: €5.92M▲ +4.9% vs 2019
2021: €5.93M▲ +0.2% vs 2020
2022: €6.09M▲ +2.7% vs 2021
2023: €6.41M▲ +5.3% vs 2022
2024: €6.43M▲ +0.3% vs 2023highest in 7 years
2018 → 2024
Net result
€100k▼ 58.3%
2023 · €240k
2018: €230k
2019: €213k▼ -7.3% vs 2018
2020: €189k▼ -11.4% vs 2019
2021: €192k▲ +1.5% vs 2020
2022: €160k▼ -16.8% vs 2021
2023: €240k▲ +50.5% vs 2022highest in 7 years
2024: €100k▼ -58.3% vs 2023lowest in 7 years
2018 → 2024
Working capital
€3.01M▲ 3.1%
2023 · €2.91M
2018: €2.37Mlowest in 7 years
2019: €2.75M▲ +15.9% vs 2018
2020: €2.59M▼ -5.7% vs 2019
2021: €2.86M▲ +10.3% vs 2020
2022: €3.20M▲ +12.0% vs 2021highest in 7 years
2023: €2.91M▼ -8.9% vs 2022
2024: €3.01M▲ +3.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5.59M-€5.78M▲ 3.4%€5.94M▲ 2.8%€6.18M▲ 4.0%€6.28M▲ 1.6%
2020: €5.59Mlowest in 5 years
2021: €5.78M▲ +3.4% vs 2020
2022: €5.94M▲ +2.8% vs 2021
2023: €6.18M▲ +4.0% vs 2022
2024: €6.28M▲ +1.6% vs 2023highest in 5 years
Operating result€225k-€251k▲ 11.5%€308k▲ 22.8%€215k▼ 30.0%€122k▼ 43.3%
2020: €225k
2021: €251k▲ +11.5% vs 2020
2022: €308k▲ +22.8% vs 2021highest in 5 years
2023: €215k▼ -30.0% vs 2022
2024: €122k▼ -43.3% vs 2023lowest in 5 years
Net result€189k-€192k▲ 1.5%€160k▼ 16.8%€240k▲ 50.5%€100k▼ 58.3%
2020: €189k
2021: €192k▲ +1.5% vs 2020
2022: €160k▼ -16.8% vs 2021
2023: €240k▲ +50.5% vs 2022highest in 5 years
2024: €100k▼ -58.3% vs 2023lowest in 5 years
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; 2024 is 43% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.43M
Fixed assets
€3.28M ▼ 0.1%
Current assets
€3.15M ▲ 0.6%
Equity and liabilities €6.43M
Equity
€6.28M ▲ 1.6%
Debt
€153k ▼ 35.1%
Debt's share of the balance-sheet total falls from 3.7% to 2.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€394k▼
2023 · €459k
Cash flow
€372k▼
2023 · €483k
Current ratio
21.93▲
2023 · 14.52
Debt to equity
0.02▼
2023 · 0.04
ROE
1.6%▼
2023 · 3.9%
ROA
1.6%▼
2023 · 3.7%
Interest coverage
46.03▲
2023 · -7.67
Debt ≤ 1 year
€144k▼
2023 · €216k
Income taxes
€34k▼
2023 · €47k
Staff costs
€647k▲
2023 · €563k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6.41M€6.43M▲
Fixed assets21/28€3.28M€3.28M▼
Tangible fixed assets22/27€3.28M€3.28M▼
Land and buildings22€3.20M€3.21M▲
Plant, machinery and equipment23€7k-
Furniture and vehicles24€81k€69k▼
Financial fixed assets28€240€198▼
Current assets29/58€3.13M€3.15M▲
Amounts receivable within one year40/41€560k€557k▼
Trade receivables40€486k€430k▼
Other amounts receivable41€74k€126k▲
Current investments50/53€1.58M€1.43M▼
Cash at bank and in hand54/58€960k€1.12M▲
Deferred charges and accrued income490/1€30k€39k▲
Equity and liabilities
Total equity and liabilities10/49€6.41M€6.43M▲
Equity10/15€6.18M€6.28M▲
Contributions10/11€6.24M€6.24M=
Capital10€6.24M€6.24M=
Issued capital100€6.24M€6.24M=
Reserves13-€5k
Non-distributable reserves130/1-€5k
Legal reserve130-€5k
Profit (loss) carried forward14€-65k€30k▲
Investment grants15€6k€6k▼
Amounts payable17/49€235k€153k▼
Amounts payable within one year42/48€216k€144k▼
Trade debts44€131k€73k▼
Suppliers440/4€131k€73k▼
Taxes, remuneration and social security45€85k€71k▼
Remuneration and social security454/9€85k€71k▼
Accrued charges and deferred income492/3€20k€9k▼
Income statement
Code20232024
Remuneration, social security and pensions62€563k€647k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€243k€272k▲
Other operating charges640/8€155k€162k▲
Gross operating margin9900€1.18M€1.20M▲
Operating profit (loss)9901€215k€122k▼
Financial income75/76B€13k€20k▲
Recurring financial income75€13k€20k▲
Financial charges65/66B€-59k€9k▲
Recurring financial charges65€-60k€9k▲
Non-recurring financial charges66B€660€42▼
Profit (loss) for the period before taxes9903€287k€134k▼
Income taxes67/77€47k€34k▼
Profit (loss) for the period9904€240k€100k▼
Profit (loss) for the period to be appropriated9905€240k€100k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€35k▲
Profit (loss) brought forward from the previous period14P€-306k€-65k▲
Transfer to equity691/2-€5k
To the legal reserve6920-€5k
Social balance
Average headcount (FTE)90879.210.6▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €514k | €536k | €563k | €647k | ▲ 14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €205k | €227k | €225k | €243k | €272k | ▲ 11.7% |
| Other operating charges640/8 | - | €117k | €143k | €155k | €162k | ▲ 4.4% |
| Gross operating margin9900 | €1.07M | €1.11M | €1.21M | €1.18M | €1.20M | ▲ 2.2% |
| Operating profit (loss)9901 | €225k | €251k | €308k | €215k | €122k | ▼ 43.3% |
| Financial income75/76B | - | €6k | €4k | €13k | €20k | ▲ 57.3% |
| Recurring financial income75 | €5k | €5k | €4k | €13k | €20k | ▲ 57.3% |
| Non-recurring financial income76B | - | €1k | - | - | - | - |
| Financial charges65/66B | - | €7k | €72k | €-59k | €9k | ▲ 115% |
| Recurring financial charges65 | €6k | €7k | €72k | €-60k | €9k | ▲ 114% |
| Non-recurring financial charges66B | - | - | €360 | €660 | €42 | ▼ 93.6% |
| Profit (loss) for the period before taxes9903 | €223k | €250k | €240k | €287k | €134k | ▼ 53.4% |
| Income taxes67/77 | €34k | €58k | €81k | €47k | €34k | ▼ 28.7% |
| Profit (loss) for the period9904 | €189k | €192k | €160k | €240k | €100k | ▼ 58.3% |
| Profit (loss) for the period to be appropriated9905 | €189k | €192k | €160k | €240k | €100k | ▼ 58.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.92M | €5.93M | €6.09M | €6.41M | €6.43M | ▲ 0.3% |
| Fixed assets21/28 | €3.01M | €2.95M | €2.75M | €3.28M | €3.28M | ▼ 0.1% |
| Tangible fixed assets22/27 | €3.01M | €2.95M | €2.75M | €3.28M | €3.28M | ▼ 0.1% |
| Land and buildings22 | - | €2.92M | €2.74M | €3.20M | €3.21M | ▲ 0.5% |
| Plant, machinery and equipment23 | - | €25k | €16k | €7k | - | - |
| Furniture and vehicles24 | - | €2k | €1k | €81k | €69k | ▼ 14.5% |
| Financial fixed assets28 | €220 | €1k | €900 | €240 | €198 | ▼ 17.5% |
| Current assets29/58 | €2.91M | €2.98M | €3.33M | €3.13M | €3.15M | ▲ 0.6% |
| Amounts receivable within one year40/41 | €158k | €183k | €265k | €560k | €557k | ▼ 0.5% |
| Trade receivables40 | - | €162k | €252k | €486k | €430k | ▼ 11.4% |
| Other amounts receivable41 | - | €21k | €13k | €74k | €126k | ▲ 71.2% |
| Current investments50/53 | €1.05M | €967k | €1.03M | €1.58M | €1.43M | ▼ 9.5% |
| Cash at bank and in hand54/58 | €1.70M | €1.82M | €2.01M | €960k | €1.12M | ▲ 17.0% |
| Deferred charges and accrued income490/1 | - | €12k | €27k | €30k | €39k | ▲ 29.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.92M | €5.93M | €6.09M | €6.41M | €6.43M | ▲ 0.3% |
| Equity10/15 | €5.59M | €5.78M | €5.94M | €6.18M | €6.28M | ▲ 1.6% |
| Contributions10/11 | €6.24M | €6.24M | €6.24M | €6.24M | €6.24M | = |
| Capital10 | - | €6.24M | €6.24M | €6.24M | €6.24M | = |
| Issued capital100 | - | €6.24M | €6.24M | €6.24M | €6.24M | = |
| Reserves13 | - | - | - | - | €5k | - |
| Non-distributable reserves130/1 | - | - | - | - | €5k | - |
| Legal reserve130 | - | - | - | - | €5k | - |
| Profit (loss) carried forward14 | €-657k | €-465k | €-306k | €-65k | €30k | ▲ 145% |
| Investment grants15 | - | €6k | €6k | €6k | €6k | ▼ 4.8% |
| Amounts payable17/49 | €334k | €152k | €150k | €235k | €153k | ▼ 35.1% |
| Amounts payable after more than one year17 | €675 | €675 | €675 | - | - | - |
| Other amounts payable178/9 | - | €675 | €675 | - | - | - |
| Amounts payable within one year42/48 | €326k | €127k | €135k | €216k | €144k | ▼ 33.4% |
| Trade debts44 | €202k | €25k | €37k | €131k | €73k | ▼ 44.2% |
| Suppliers440/4 | - | €25k | €37k | €131k | €73k | ▼ 44.2% |
| Taxes, remuneration and social security45 | - | €102k | €98k | €85k | €71k | ▼ 16.6% |
| Remuneration and social security454/9 | - | €102k | €98k | €85k | €71k | ▼ 16.6% |
| Accrued charges and deferred income492/3 | - | €25k | €14k | €20k | €9k | ▼ 53.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €189k | €192k | €160k | €240k | €100k | ▼ 58.3% |
| + Depreciation and write-downs630 | €205k | €227k | €225k | €243k | €272k | ▲ 11.7% |
| Operating cash flow (approximation) | €394k | €419k | €385k | €483k | €372k | ▼ 23.1% |
| Investment in fixed assets (approximation) | - | €-169k | €-31k | €-773k | €-270k | ▲ 65.1% |
| Change in cash | - | €125k | €188k | €-1.05M | €163k | ▲ 116% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
10-09
State Gazette act
Appointments: Anne-Thérèse Destrebecq (director) and Kaat Wouters (director)Resignations: Daniel Fastenakel (director) and Arnaud Gorgemans (director) · Power of attorney9 facts ▸
State Gazette act
Appointments: Anne-Thérèse Destrebecq (director) and Kaat Wouters (director)
Resignations: Daniel Fastenakel (director) and Arnaud Gorgemans (director) · Power of attorney9 facts ▸
- General meeting, 22-05-2026
- Director appointment, Anne-Thérèse Destrebecq (director)
- Director appointment, Kaat Wouters (director)
- Director resignation, Daniel Fastenakel (director)
- Director resignation, Arnaud Gorgemans (director)
- Power of attorney, Van Den Neste & Partners BV
- Power of attorney, Ledermann Tom
- Power of attorney, Reygaerts Carine
- Power of attorney, Cerulus Célia
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €100k ▼58.3%
Net result drops to €100k, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €240k ▲50.5%
Net result €240k, the highest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 23.50
Current ratio from 8.95 to 23.50; short-term debt falls from €326k to €127k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 14 acts read
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
DESTREBECQ Anne-Thérèse
CurrentDirector · since 10-09-2026
Kaat Wouters
CurrentDirector · since 10-09-2026
10-09-2026
DESTREBECQ Anne-Thérèse: Appointed as Director
10-09-2026
Kaat Wouters: Appointed as Director
10-09-2026
FASTENAKEL Daniel: Resigned as Director
10-09-2026
GORGEMANS Arnaud: Resigned as Director
Not every act has been read: a resignation may be missing here
13 of this company's 14 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1957
Ground area
1,453 m²
Building footprint
1,223 m²
Volume, LiDAR
18,624 m³
Parcel 21811M1251/00N000, Brussels · tallest building 25.0 m, ±6 floors. Linked by address, not a title deed.
33
companies at this address
See who is registered here
1 establishment unit
CSW-OCS
since 19572.231.527.263
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M1251/00N000 | Brussels | 1,453 m² | 1 · 1,223 m² | 25.0 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
5 connected companiesThis company
Company
Director
Shareholding
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
via DESTREBECQ Anne-Thérèse · Director
→
via Kaat Wouters · Director
→
via DESTREBECQ Anne-Thérèse · Director
→
via DESTREBECQ Anne-Thérèse · Director
former→
Show 1 more companies with a shared director
via DESTREBECQ Anne-Thérèse · Director
former→
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 2,817 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-03-1957
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
E-mail
ivan.dehaes@skynet.beBrussel
Phone
025578726Brussel
Scores and ratios are computed by Checked and are not a credit decision.