Bankrupt · Opening faillissement (CBE)

Casual Oats

BE0697910743

Rechtspersoon Private limited company 5 establishments

Casual Oats is a hospitality business in Sint-Martens-Latem. Private Limited, started on 14 June 2018, 5 establishments.

Kortrijksesteenweg 48 box 5, 9830 Sint-Martens-Latem

Behind the company: Harvest BV.

Start date

14 June 2018

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 1 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 24 % of short-term debt in 2024; threshold 65 %.

  • Busy address KBO

    87 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

Casual Oats from Sint-Martens-Latem, company number BE0697910743, closed financial year 2024 with a result of € -999,845 after tax. For that financial year Casual Oats recorded a gross margin of € 1.1 million and equity of € -934,076. Compared with financial year 2023, the result moved from € -1.1 million to € -999,845. 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 June 5, 2025.

What it is worth Caution

€ -934,076

▼ € 999,845 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -999,845

▲ 10 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 255,591

▲ 17% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -2.6 million.

People and assets in 2024

Full-time equivalents

35.3

▼ 110.3 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.5 million

▼ 22% vs 2023

€ 43,500 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.

Vehicles and equipment

€ 72,912

▼ 26% vs 2023

Of which on lease € 9,154.

Debts at end 2024

Bank debt ≈ 5 years to go

€ 1.8 million

▲ 80% vs 2023

€ 359,305 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 300,812

▼ 37% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 156,858

▲ 20% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 302,651 € 1,248,662 € 1,624,851 € 1,125,732 ▼ 31%
Profit after taxes € -5,598 € -426,444 € -1,115,654 € -999,845 ▲ € 115,809
Equity € 507,867 € 1,181,423 € 65,769 € -934,076 ▼ € 999,845
Total debts € 1,243,053 € 1,552,333 € 1,933,100 € 2,958,905 ▲ 53%
Cash € 369,977 € 511,271 € 217,866 € 255,591 ▲ 17%
Retained profit € -13,233 € -439,677 € -1,555,331 € -2,555,176 ▼ € 999,845
Bank debt € 493,534 € 517,447 € 1,009,061 € 1,815,973 ▲ 80%
Balance sheet total € 1,750,919 € 2,733,756 € 1,998,868 € 2,024,829 ▲ 1%
Employees (FTE) - - 145.6 35.3 ▼ 110.3

Key figures of Casual Oats, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to Casual Oats?

What happened at Casual Oats in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Casual Oats is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 999,845. Source: NBB ↗
  • Ewout Vanmassenhove stepped down as director. NBB
  • Anse Vanmassenhove stepped down as director. NBB
  • New establishment in Sint-Martens-Latem. KBO
  • New establishment in Etterbeek. KBO
  • New establishment in Brussel. KBO
  • New establishment in Antwerpen. KBO
  • New establishment in Gent. KBO

In short

From € 5,598 loss in 2021 to € 999,845 loss in 2024.

Paid € 447 in corporate taxes since 2021.

On average € 31,900 of value added per employee in 2024.

Management

Harvest 79.6%

The stake of Harvest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Casual Oats

Behind Casual Oats is Harvest BV. The shares are held by Harvest (79.6%).

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Directors

According to the 2024 annual accounts

Harvest BV

Director · represented by Eva URLINGS

Also active at: TUDO BEM, USelect, USelect Holding

Ewout Vanmassenhove

Director

Also active at: TUDO BEM

· until 2024

Anse Vanmassenhove

Director

Also active at: TUDO BEM, SIBLING HOSPITALITY GROUP

· until 2024

Shareholders

Harvest

79.6%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksesteenweg 48 box 5

9830 Sint-Martens-Latem

2.276.589.901

Nederkouter 55

9000 Gent

Active since 14 June 2018

2.318.242.095

Europakruispunt 3

1000 Brussel

Active since 18 May 2021

2.318.242.194

Hopland 21

2000 Antwerpen

Active since 18 May 2021

2.334.553.438

Jourdanplein 13A

1040 Etterbeek

Active since 1 September 2022

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0697.910.743
VAT number
BE 0697.910.743
Registered office
Kortrijksesteenweg 48 bus 5, 9830 Sint-Martens-Latem
Names & denominations
Casual Oats
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
14 June 2018
Peppol
Active · Active since 19 Sept 2025
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does Casual Oats do?
Casual Oats is a hospitality business in Sint-Martens-Latem. Private Limited, started on 14 June 2018, 5 establishments.
What is the address of Casual Oats?
The registered office of Casual Oats is located at Kortrijksesteenweg 48 box 5, 9830 Sint-Martens-Latem.
Is Casual Oats still active?
No. The CBE lists Casual Oats with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Casual Oats registered on Peppol?
Yes, Casual Oats is registered on the Peppol network with ID 0208:0697910743.
What is the enterprise number of Casual Oats?
The enterprise number of Casual Oats is BE0697910743.
When was Casual Oats founded?
Casual Oats was founded on 14 June 2018.