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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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CAZALS INVEST from Ninove, company number BE0761795933, closed financial year 2025 with a result of € 62,647 after tax. For that financial year CAZALS INVEST recorded a gross margin of € 138,185 and equity of € 77,647. Compared with financial year 2024, the result moved from € 35,294 to € 62,647. Profitable, and profit is growing. The buffer shrank hard: equity is 53 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 77,647
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,647
▲ 78% vs 2024
Profit after tax over the fiscal year.
€ 28,485
▲ 108% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 151,029 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 793,950
▲ 130% vs 2024
€ 14,338 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 146,525
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,029
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 | € 26,975 | € 105,872 | € 66,636 | € 138,185 | ▲ 107% |
| Profit after taxes | € 21,267 | € 74,847 | € 35,294 | € 62,647 | ▲ 78% |
| Equity | € 55,888 | € 130,735 | € 166,029 | € 77,647 | ▼ 53% |
| Total debts | € 318,146 | € 500,504 | € 672,416 | € 1,554,689 | ▲ 131% |
| Cash | € 70,362 | € 116,724 | € 13,675 | € 28,485 | ▲ 108% |
| Land & buildings | - | - | - | € 266,304 | |
| Retained profit | € 40,888 | € 115,735 | € 151,029 | € 62,647 | ▼ 59% |
| Dividend | € 0 | € 0 | € 0 | € 151,029 | |
| Bank debt | € 0 | € 179,250 | € 345,000 | € 793,950 | ▲ 130% |
| Balance sheet total | € 374,035 | € 631,239 | € 838,445 | € 1,632,337 | ▲ 95% |
Key figures of CAZALS INVEST, 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 CAZALS INVEST?
What happened at CAZALS INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,647 (▲ 78% vs 2024). filed late Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,267 profit in 2022 to € 62,647 profit in 2025.
Paid € 73,743 in corporate taxes since 2022.
Best year ever: 2023, with € 74,847 profit.
Paid out € 151,029 in dividends to the owners in total.
Management
Behind CAZALS INVEST are David EVERAERT, Ruben WACHTELAER and Didier WALRAEVENS. The same people are also behind ESTATE INVEST. David EVERAERT is also behind AWDD. Ruben WACHTELAER is also behind J & D CONSTRUCTS and AWDD.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Albertlaan 200
9400 Ninove
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Advieskantoor Walravens-De Dender
€ 288,401 gross margin · 2025
A & D GROUP
€ 45,934 gross margin · 2025
NENUPHAR
€ 98,822 gross margin · 2025
DENDER INVEST
€ -81,265 gross margin · 2025
ESTATE INVEST same network
€ 53,970 gross margin · 2025
+4 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
- 0761.795.933
- VAT number
- BE 0761.795.933
- Registered office
- Albertlaan 200, 9400 Ninove
- Names & denominations
- CAZALS INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2021
- Peppol
- Active · Active since 12 Feb 2025