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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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CAS-VOS from Sint-Niklaas, company number BE0477494376, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year CAS-VOS recorded revenue of € 106.9 million and equity of € 10.2 million. Compared with financial year 2024, the result moved from € 795,390 to € 1.9 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 10.2 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▲ 145% vs 2024
Profit after tax over the fiscal year.
€ 6.2 million
▲ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
387.4
▲ 44.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 24.5 million
▲ 16% vs 2024
€ 63,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 131,611
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.8 million
▼ 16% vs 2024
€ 3.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 28.7 million
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 146 days on average.
€ 7 million
▲ 186% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 73,532,142 | € 98,835,670 | € 90,965,571 | € 106,920,541 | ▲ 18% |
| Profit after taxes | € 5,202,355 | € -587,384 | € 795,390 | € 1,948,439 | ▲ 145% |
| Equity | € 11,099,175 | € 9,611,791 | € 10,407,181 | € 10,212,762 | ▼ 2% |
| Total debts | € 33,669,827 | € 44,948,324 | € 41,681,819 | € 49,210,497 | ▲ 18% |
| Cash | € 1,538,248 | € 3,274,390 | € 3,080,893 | € 6,175,247 | ▲ 100% |
| Retained profit | € 10,583,971 | € 9,096,587 | € 9,891,977 | € 9,697,558 | ▼ 2% |
| Dividend | € 0 | € 900,000 | € 0 | € 2,142,858 | |
| Bank debt | € 20,232,578 | € 18,107,549 | € 15,289,873 | € 12,800,069 | ▼ 16% |
| Balance sheet total | € 44,769,001 | € 54,560,115 | € 52,088,999 | € 59,423,259 | ▲ 14% |
| Employees (FTE) | 320.4 | 324.7 | 343.3 | 387.4 | ▲ 44.1 |
Key figures of CAS-VOS, 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 January 2027.
What happened to CAS-VOS?
What happened at CAS-VOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.9 million (▲ 145% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Franciscus Oostveen became a director. NBB
- Sabrina Martroye de Joly became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 5.2 million profit in 2022 to € 1.9 million profit in 2025.
Paid € 8.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 5.2 million profit.
Paid out € 3 million in dividends to the owners in total.
Management
Behind CAS-VOS are Franciscus Oostveen and Sabrina Martroye de Joly. The same people are also behind DEMA and A.G.S.. Franciscus Oostveen is also behind SGA, Cas-Vos Drilling, KTE Technics, GSA INFRA and C.V.I.. Sabrina Martroye de Joly is also behind SCOTSDALE.
Establishments
Establishment units
Physical locations of this company
Europark-Oost 15
9100 Sint-Niklaas
Europark-Oost 26
9100 Sint-Niklaas
Active since 1 October 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →BRICON
€ 929,138 gross margin · 2025
Cas-Vos Drilling same network
€ 1 million gross margin · 2025
REMELCO
€ 202,304 gross margin · 2025
GGW
GSA INFRA same network
€ 2.1 million gross margin · 2025
+5 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
- 0477.494.376
- VAT number
- BE 0477.494.376
- Registered office
- Europark-Oost 15, 9100 Sint-Niklaas
- Names & denominations
- CAS-VOS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 2002
- Peppol
- Active · Active since 1 Jul 2026
- Activities · NACE
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