Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
Financials
Financial year 2025
CASSINE from Lier, company number BE0418284091, closed financial year 2025 with a result of € -889,154 after tax. For that financial year CASSINE recorded a gross margin of € -7,686 and equity of € -369,264. Compared with financial year 2024, the result moved from € 168,822 to € -889,154. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ -369,264
▼ € 889,154 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -889,154
▼ still € 168,822 profit in 2024
Profit after tax over the fiscal year.
€ 64
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -387,856.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,741
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 46,237 | € 23,123 | € 240,081 | € -7,686 | ▼ € 247,767 |
| Profit after taxes | € 22,159 | € 501 | € 168,822 | € -889,154 | ▼ € 1.1 million |
| Equity | € 350,566 | € 351,068 | € 519,890 | € -369,264 | ▼ € 889,154 |
| Total debts | € 634,251 | € 582,737 | € 482,455 | € 543,075 | ▲ 13% |
| Cash | € 1,191 | € 11 | € 87 | € 64 | ▼ 27% |
| Land & buildings | € 31,315 | € 27,690 | - | - | |
| Retained profit | € 331,974 | € 332,476 | € 501,298 | € -387,856 | ▼ € 889,154 |
| Bank debt | € 148,461 | € 89,415 | € 0 | € 0 | |
| Balance sheet total | € 984,817 | € 933,805 | € 1,055,423 | € 173,811 | ▼ 84% |
Key figures of CASSINE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CASSINE?
What happened at CASSINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 889,154 (▼ € 1.1 million vs 2024). Source: NBB ↗
- Christian René U Hannon became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,159 profit in 2022 to € 889,154 loss in 2025.
Paid € 10,131 in corporate taxes since 2022.
Best year ever: 2024, with € 168,822 profit.
Management
Behind CASSINE is Christian René U Hannon. It owns 100% of QM Sports Care International itself.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Netelaan 1 box B2
2500 Lier
Chaussée de Bruxelles 165
1410 Waterloo
Active since 1 June 1978
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.284.091
- VAT number
- BE 0418.284.091
- Registered office
- Netelaan 1 bus B2, 2500 Lier
- Names & denominations
- CASSINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 May 1978
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
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