What is the address of Cassel?

The registered office of Cassel is located at Delfdries (ETKH) 7, 9680 Maarkedal.

Is Cassel still active?

Yes. According to the CBE (29 October 2026) Cassel is active, legal situation “Normale toestand”, started on 1 July 1998.

Is Cassel registered on Peppol?

Yes, Cassel is registered on the Peppol network with ID 0208:0463604768.

What is the enterprise number of Cassel?

The enterprise number of Cassel is BE0463604768.

When was Cassel founded?

Cassel was founded on 1 July 1998.

Who are the directors of Cassel?

According to the 2025 annual accounts, the directors of Cassel are: Walter Mastelinck, An Pieters.

Is Cassel a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 July 1998; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Cassel make in 2025?

Cassel recorded a loss after taxes of € 169,099 in financial year 2025.

What is the revenue of Cassel?

As a small company, Cassel is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -801.

Cassel (Private Limited) - Maarkedal - BE0463604768

Q: What does Cassel do?

Cassel is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 1 July 1998, 1 establishment.

Dossier Cassel, printed on 29 October 2026 from databakkes.be/en/0463604768/cassel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Cassel from Maarkedal, company number BE0463604768, closed financial year 2025 with a result of € -169,099 after tax. For that financial year Cassel recorded a gross margin of € -801 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 52,198 to € -169,099. 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 29, 2026.

What it is worth Healthy

€ 1.2 million

▼ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -169,099

▼ still € 52,198 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 11,077

▼ 55% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.2 million.

People and assets in 2025

Wage cost

€ 32,082

▲ 6% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 91,730

▼ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 416,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 27,210

▲ 51% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 13,746

▲ € 11,397 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 83,249 Gross margin 2022: € 83,249 First fiscal year in the series	€ 15,785 Gross margin 2023: € 15,785 ▼ 81% vs 2022 (€ 83,249) Unfavourable step	€ 40,912 Gross margin 2024: € 40,912 ▲ 159% vs 2023 (€ 15,785) Favourable step	€ -801 Gross margin 2025: € -801 ▼ € 41,714 vs 2024 (€ 40,912) Unfavourable step	▼ € 41,714
Profit after taxes	€ 135,087 Profit after taxes 2022: € 135,087 First fiscal year in the series	€ 34,581 Profit after taxes 2023: € 34,581 ▼ 74% vs 2022 (€ 135,087) Unfavourable step	€ 52,198 Profit after taxes 2024: € 52,198 ▲ 51% vs 2023 (€ 34,581) Favourable step	€ -169,099 Profit after taxes 2025: € -169,099 ▼ € 221,298 vs 2024 (€ 52,198) Unfavourable step	▼ € 221,298
Equity	€ 1,700,155 Equity 2022: € 1,700,155 First fiscal year in the series	€ 1,595,842 Equity 2023: € 1,595,842 ▼ 6% vs 2022 (€ 1,700,155) Unfavourable step	€ 1,398,040 Equity 2024: € 1,398,040 ▼ 12% vs 2023 (€ 1,595,842) Unfavourable step	€ 1,228,940 Equity 2025: € 1,228,940 ▼ 12% vs 2024 (€ 1,398,040) Unfavourable step	▼ 12%
Total debts	€ 11,841 Total debts 2022: € 11,841 First fiscal year in the series	€ 22,503 Total debts 2023: € 22,503 ▲ 90% vs 2022 (€ 11,841) Unfavourable step	€ 22,401 Total debts 2024: € 22,401 Unchanged (€ 22,503) Favourable step	€ 459,879 Total debts 2025: € 459,879 ▲ € 437,478 vs 2024 (€ 22,401) Unfavourable step	▲ € 437,478
Cash	€ 282,598 Cash 2022: € 282,598 First fiscal year in the series	€ 19,024 Cash 2023: € 19,024 ▼ 93% vs 2022 (€ 282,598) Unfavourable step	€ 24,766 Cash 2024: € 24,766 ▲ 30% vs 2023 (€ 19,024) Favourable step	€ 11,077 Cash 2025: € 11,077 ▼ 55% vs 2024 (€ 24,766) Unfavourable step	▼ 55%
Land & buildings	€ 102,672 Land & buildings 2022: € 102,672 First fiscal year in the series	€ 86,253 Land & buildings 2023: € 86,253 ▼ 16% vs 2022 (€ 102,672) Unchanged	€ 69,835 Land & buildings 2024: € 69,835 ▼ 19% vs 2023 (€ 86,253) Unchanged	€ 54,910 Land & buildings 2025: € 54,910 ▼ 21% vs 2024 (€ 69,835) Unchanged	▼ 21%
Retained profit	€ 1,681,555 Retained profit 2022: € 1,681,555 First fiscal year in the series	€ 1,577,242 Retained profit 2023: € 1,577,242 ▼ 6% vs 2022 (€ 1,681,555) Unfavourable step	€ 1,379,440 Retained profit 2024: € 1,379,440 ▼ 13% vs 2023 (€ 1,577,242) Unfavourable step	€ 1,210,340 Retained profit 2025: € 1,210,340 ▼ 12% vs 2024 (€ 1,379,440) Unfavourable step	▼ 12%
Dividend	€ 1,022,105 Dividend 2022: € 1,022,105 First fiscal year in the series	€ 138,895 Dividend 2023: € 138,895 ▼ 86% vs 2022 (€ 1,022,105) Unchanged	€ 250,000 Dividend 2024: € 250,000 ▲ 80% vs 2023 (€ 138,895) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 250,000) Unchanged	▼ 100%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 416,000 Bank debt 2025: € 416,000 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 1,711,997 Balance sheet total 2022: € 1,711,997 First fiscal year in the series	€ 1,618,345 Balance sheet total 2023: € 1,618,345 ▼ 5% vs 2022 (€ 1,711,997) Unchanged	€ 1,420,441 Balance sheet total 2024: € 1,420,441 ▼ 12% vs 2023 (€ 1,618,345) Unchanged	€ 1,688,820 Balance sheet total 2025: € 1,688,820 ▲ 19% vs 2024 (€ 1,420,441) Unchanged	▲ 19%

Key figures of Cassel, 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 Cassel?

What happened at Cassel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 29, 2026 New annual accounts for financial year 2025: loss of € 169,099 (▼ € 221,298 vs 2024). Source: NBB ↗
2022 Walter Mastelinck became a director. NBB
2022 An Pieters became a director. NBB
Jul 14, 1998 New establishment in Maarkedal. KBO
Jul 1, 1998 Start of the company according to the CBE. KBO

In short

From € 135,087 profit in 2022 to € 169,099 loss in 2025.

Paid € 65,026 in corporate taxes since 2022.

Best year ever: 2022, with € 135,087 profit.

Paid out € 1.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Walter Mastelinck An Pieters

Cassel

Behind Cassel are Walter Mastelinck and An Pieters.

Directors

According to the 2025 annual accounts

Walter Mastelinck

Director

since 2022

An Pieters

Director

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Delfdries (ETKH) 7

9680 Maarkedal

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

KALINDA

UCBP

Olyvion

Kalinda II

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0463.604.768

VAT number

BE 0463.604.768

Registered office

Delfdries (ETKH) 7, 9680 Maarkedal

Names & denominations

Cassel

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 July 1998

Peppol

Active · Active since 8 Sept 2025

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Vervaardiging van wijn uit druiven

Detailhandel in dranken, algemeen assortiment

Groothandel in dranken, algemeen assortiment

Teelt van druiven

View on CBE Public ↗ Annual accounts (NBB) ↗

Cassel

Warning lights

Financials

What happened to Cassel?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions