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 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SRL LUC CASSART from Modave, company number BE0470931040, closed financial year 2025 with a result of € 153 after tax. For that financial year SRL LUC CASSART recorded a gross margin of € 42,177 and equity of € -15,105. Compared with financial year 2024, the result moved from € -16,297 to € 153. Profitable, and profit is growing. 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 June 24, 2026.
€ -15,105
▲ € 153 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153
▲ still € 16,297 loss in 2024
Profit after tax over the fiscal year.
€ 14,202
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -35,105.
People and assets in 2025
€ 1,568
▼ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 148,725
▲ 22% vs 2024
€ 22,950 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 241
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,751 | € 24,529 | € 30,594 | € 42,177 | ▲ 38% |
| Profit after taxes | € -8,189 | € -23,512 | € -16,297 | € 153 | ▲ € 16,450 |
| Equity | € 24,550 | € 1,038 | € -15,259 | € -15,105 | ▲ € 153 |
| Total debts | € 209,031 | € 187,960 | € 165,717 | € 190,314 | ▲ 15% |
| Cash | € 7,350 | € 16,772 | € 7,882 | € 14,202 | ▲ 80% |
| Land & buildings | € 7,392 | € 6,640 | € 5,888 | € 5,136 | ▼ 13% |
| Retained profit | € 4,550 | € -18,962 | € -35,259 | € -35,105 | |
| Bank debt | € 168,880 | € 143,511 | € 122,149 | € 148,725 | ▲ 22% |
| Balance sheet total | € 233,581 | € 188,997 | € 150,459 | € 175,209 | ▲ 16% |
Key figures of SRL LUC CASSART, 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 SRL LUC CASSART?
What happened at SRL LUC CASSART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 153. Source: NBB ↗
- Luc Cassart became a director. NBB
- New establishment in Modave. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,189 loss in 2022 to € 153 profit in 2025.
Best year ever: 2025, with € 153 profit.
Management
Behind SRL LUC CASSART are Jean François Cassart, Philippe Cassart and Luc Cassart.
Directors
According to the 2025 annual accounts
Jean François Cassart
Manager
Philippe Cassart
Manager
Luc Cassart
Manager
since 2000
Establishments
Establishment units
Physical locations of this company
Rue de la Cornette 11
4577 Modave
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0470.931.040
- VAT number
- BE 0470.931.040
- Registered office
- Rue de la Cornette 11, 4577 Modave
- Names & denominations
- SRL LUC CASSART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 2000
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken