Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
C.A.S.52 from Elsene, company number BE0477122907, closed financial year 2025 with a result of € 43,706 after tax. For that financial year C.A.S.52 recorded revenue of € 25,724 and equity of € -5.8 million. Compared with financial year 2024, the result moved from € 39,812 to € 43,706. 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 May 24, 2026.
€ -5.8 million
▲ € 43,706 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,706
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 6,472
▲ € 6,353 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 € -6.8 million.
People and assets in 2025
€ 833
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8.2 million
Loans from banks and other lenders, long and short.
€ 152
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 40,946 | € 8,424 | € 24,703 | € 25,724 | ▲ 4% |
| Gross margin | € 26,982 | € -9,045 | € 13,877 | € 16,512 | ▲ 19% |
| Profit after taxes | € 515,867 | € 29,141 | € 39,812 | € 43,706 | ▲ 10% |
| Equity | € -5,871,089 | € -5,841,948 | € -5,802,136 | € -5,758,430 | ▲ € 43,706 |
| Total debts | € 9,174,677 | € 9,174,345 | € 9,168,025 | € 9,483,266 | ▲ 3% |
| Cash | € 2,018 | € 331 | € 119 | € 6,472 | ▲ € 6,353 |
| Retained profit | € -6,871,089 | € -6,841,948 | € -6,802,136 | € -6,758,430 | ▲ € 43,706 |
| Bank debt | € 8,237,000 | € 8,237,000 | € 8,237,000 | € 8,237,000 | |
| Balance sheet total | € 3,303,588 | € 3,332,397 | € 3,365,889 | € 3,724,836 | ▲ 11% |
Key figures of C.A.S.52, 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 C.A.S.52?
What happened at C.A.S.52 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laurent VANDECASTEELE stepped down as director. NBB
- Eric VANDECASTEELE stepped down as director. NBB
- Serge FONTEYNE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 43,706 (▲ 10% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 515,867 profit in 2022 to € 43,706 profit in 2025.
Paid € 630 in corporate taxes since 2022.
Best year ever: 2022, with € 515,867 profit.
A new publication or filing at C.A.S.52? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 99% of ELORA , 99% of CANOPE, 63% of ARCHICITY and 50% of SPLENDOUR HOUSE itself.
Directors
According to the 2025 annual accounts
· until 2027
· until 2027
· until 2027
Establishments
Establishment units
Physical locations of this company
César Franckstraat 52
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →ARCHICITY same network
€ 252,327 revenue · 2025
SPLENDOUR HOUSE same network
€ 67,447 revenue · 2025
T V G
€ -88 gross margin · 2025
Pro - Safe same network
€ -66 gross margin · 2025
TMF Assist
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.122.907
- VAT number
- BE 0477.122.907
- Registered office
- César Franckstraat 52, 1050 Elsene
- Names & denominations
- C.A.S.52
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 2002
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Managementactiviteiten van holdings
Diverse administratieve activiteiten ten behoeve van kantoren
Activiteiten van holdings
Holdings