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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
CASES STUDIES from Marchin, company number BE0643768115, closed financial year 2025 with a result of € -2,866 after tax. For that financial year CASES STUDIES recorded a gross margin of € -799 and equity of € -10,295. Compared with financial year 2024, the result moved from € -3,318 to € -2,866. The company made a loss. 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 August 28, 2026.
€ -10,295
▼ € 2,866 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,866
▲ 14 % less loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,495.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 1,005
Loans from banks and other lenders, long and short.
€ 2,487
▲ 127% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 0 | € 1,279 | € -997 | € -799 | ▲ € 197 |
| Profit after taxes | € -2,746 | € -459 | € -3,318 | € -2,866 | ▲ € 452 |
| Equity | € -3,653 | € -4,112 | € -7,429 | € -10,295 | ▼ € 2,866 |
| Total debts | € 40,730 | € 41,569 | € 40,193 | € 41,591 | ▲ 3% |
| Cash | € 0 | € 0 | € 5 | € 0 | ▼ 100% |
| Retained profit | € -9,853 | € -10,312 | € -13,629 | € -16,495 | ▼ € 2,866 |
| Bank debt | € 906 | € 847 | € 0 | € 1,005 | |
| Balance sheet total | € 37,077 | € 37,458 | € 32,764 | € 31,296 | ▼ 4% |
Key figures of CASES STUDIES, 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 CASES STUDIES?
What happened at CASES STUDIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,866. filed late Source: NBB ↗
- New establishment in Marchin. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,746 loss in 2022 to € 2,866 loss in 2025.
Management
Behind CASES STUDIES is Nicolas Fiasse.
Directors
According to the 2025 annual accounts
Nicolas Fiasse
Director
Establishments
Establishment units
Physical locations of this company
Grand'Route 7 box A
4570 Marchin
Grand'Route 7a
4570 Marchin
Active since 1 December 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0643.768.115
- VAT number
- BE 0643.768.115
- Registered office
- Grand'Route 7 bus A, 4570 Marchin
- Names & denominations
- CASES STUDIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2015
- Peppol
- Active · Active since 31 Jul 2026
- Activities · NACE
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