Financials
Financial year 2025
Cassteman from Ledegem, company number BE0689988615, closed financial year 2025 with a result of € 61,677 after tax. For that financial year Cassteman recorded a gross margin of € 106,631 and equity of € 365,929. Compared with financial year 2024, the result moved from € 60,096 to € 61,677. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 365,929
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 61,677
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 75,618
▼ 40% 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 € 178,329.
Debts at end 2025
€ 1 million
▼ 9% vs 2024
€ 100,000 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 1,562
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,604
▼ 63% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 89,994 | € 38,873 | € 104,021 | € 106,631 | ▲ 3% |
| Profit after taxes | € 27,139 | € 14,506 | € 60,096 | € 61,677 | ▲ 3% |
| Equity | € 229,649 | € 244,155 | € 304,252 | € 365,929 | ▲ 20% |
| Total debts | € 1,434,377 | € 1,333,329 | € 1,253,885 | € 1,141,841 | ▼ 9% |
| Cash | € 186,728 | € 164,244 | € 125,920 | € 75,618 | ▼ 40% |
| Land & buildings | € 1,015,844 | € 1,013,286 | € 1,010,728 | € 1,008,809 | |
| Retained profit | € 42,049 | € 56,555 | € 116,652 | € 178,329 | ▲ 53% |
| Bank debt | € 1,316,667 | € 1,216,667 | € 1,116,667 | € 1,016,667 | ▼ 9% |
| Balance sheet total | € 1,664,634 | € 1,578,091 | € 1,558,744 | € 1,508,377 | ▼ 3% |
Key figures of Cassteman, 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 April 2027.
What happened to Cassteman?
What happened at Cassteman in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 61,677 (▲ 3% vs 2024). Source: NBB ↗
- Xavier Van Huele BV became a director. NBB
- Peter Caset became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 27,139 profit in 2022 to € 61,677 profit in 2025.
Paid € 67,358 in corporate taxes since 2022.
Best year ever: 2025, with € 61,677 profit.
Management
Behind Cassteman are Xavier Van Huele BV, Peter Caset and Woodrow BV. Xavier Van Huele BV is also behind VAN HUELE, SANECAL, WOODROW and VAN HUELE INVEST. Peter Caset is also behind Stella, GHENT DREDGING, V.B.I., BILTERIJST and Theo Coertjens International. Woodrow BV is also behind BILTERIJST.
Directors
According to the 2025 annual accounts
Director · represented by Xavier Van Huele
Also active at: VAN HUELE, SANECAL, WOODROW, VAN HUELE INVEST
since 2024
Peter Caset
Director
Also active at: Stella, GHENT DREDGING, V.B.I., BILTERIJST, Theo Coertjens International, The Fair Experts, REGIONALE MEDIA MAATSCHAPPIJ, STELVANK +14 more
since 2020
Establishments
Establishment units
Physical locations of this company
Kuipebosstraat 11
8880 Ledegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DR. KARIN STELLAMANS
€ 642,631 gross margin · 2025
Vangilles
€ 4,813 gross margin · 2025
STELVANK same network
€ 76,567 gross margin · 2025
Ter Ijzer same network
€ 263,726 gross margin · 2025
KarPet
+1 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
- 0689.988.615
- VAT number
- BE 0689.988.615
- Registered office
- Kuipebosstraat 11, 8880 Ledegem
- Names & denominations
- Cassteman
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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