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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CASSIOPEIA from Mechelen, company number BE0458728044, closed financial year 2025 with a result of € -47,040 after tax. For that financial year CASSIOPEIA recorded a gross margin of € -2,818 and equity of € 30.9 million. Compared with financial year 2024, the result moved from € -50,949 to € -47,040. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 30.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,040
▲ 8 % less loss than in 2024
Profit after tax over the fiscal year.
€ 97
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -485,184.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 17,524
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,824 | € -2,207 | € -8,256 | € -2,818 | ▲ € 5,438 |
| Profit after taxes | € -30,663 | € -43,321 | € -50,949 | € -47,040 | ▲ € 3,909 |
| Equity | € 31,058,952 | € 31,015,632 | € 30,964,682 | € 30,917,642 | |
| Total debts | € 1,126,954 | € 1,170,200 | € 1,221,203 | € 1,268,286 | ▲ 4% |
| Cash | € 74 | - | € 54 | € 97 | ▲ 80% |
| Retained profit | € -343,874 | € -387,194 | € -438,144 | € -485,184 | ▼ € 47,040 |
| Bank debt | € 0 | € 35 | € 0 | € 0 | |
| Balance sheet total | € 32,185,906 | € 32,185,831 | € 32,185,885 | € 32,185,928 |
Key figures of CASSIOPEIA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to CASSIOPEIA?
What happened at CASSIOPEIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tom Willemen stepped down as director. NBB
- Johan Willemen stepped down as director. NBB
- Katleen Willemen stepped down as director. NBB
- Bram Willemen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 47,040. filed late Source: NBB ↗
- Tom Willemen became a director. NBB
- Johan Willemen became a director. NBB
- Katleen Willemen became a director. NBB
In short
From € 30,663 loss in 2022 to € 47,040 loss in 2025.
Management
It owns 69% of Willemen Groep and 54.5% of Sanitechniek itself.
Directors
According to the 2025 annual accounts
Tom Willemen
Managing director
Also active at: FRANKI, DE WAAL SOLID FOUNDATIONS, IMMO CUBES, FILTEINT INVEST, WILLEMEN INFRA, VANDAMME - MADOE, ETION Synergia, VlaWeBo Oost-vlaanderen +37 more
since 2025 · until 2031
since 2025 · until 2031
Johan Willemen
Managing director
Also active at: DE WAAL SOLID FOUNDATIONS, IMMO CUBES, FILTEINT INVEST, WILLEMEN INFRA, Cosimco, Gebroeders Vereecken, SANITECHNIEK, AMADEUS +17 more
since 2025 · until 2031
Bram Willemen
Director
Also active at: MANIM, B.C.S. INVESTISSEMENT, WILLEMEN GROEP, HAEGEWINDE, COMPAGNIE BELLIARD FROISSART
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Heidestraat(HEF) 7
2801 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0458.728.044
- VAT number
- BE 0458.728.044
- Registered office
- Heidestraat(HEF) 7, 2801 Mechelen
- Names & denominations
- CASSIOPEIA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 1996
- Peppol
- Not registered