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 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CASELIA DEVELOPMENT from Saint-Georges-sur-Meuse, company number BE0832038086, closed financial year 2025 with a result of € 90,236 after tax. For that financial year CASELIA DEVELOPMENT recorded a gross margin of € 454,630 and equity of € 996,165. Compared with financial year 2024, the result moved from € 265,581 to € 90,236. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 996,165
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,236
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 242,453
▲ 59% 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 € 896,165.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 5.8 million
▼ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 11,810
▲ € 10,559 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 75,090
▲ 78% 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 | € 374,111 | € 156,963 | € 728,529 | € 454,630 | ▼ 38% |
| Profit after taxes | € 160,372 | € -153,527 | € 265,581 | € 90,236 | ▼ 66% |
| Equity | € 793,875 | € 640,348 | € 905,929 | € 996,165 | ▲ 10% |
| Total debts | € 12,851,963 | € 13,647,863 | € 14,811,155 | € 15,399,888 | ▲ 4% |
| Cash | € 14,621 | € 74,079 | € 152,272 | € 242,453 | ▲ 59% |
| Retained profit | € 693,875 | € 540,348 | € 805,929 | € 896,165 | ▲ 11% |
| Bank debt | € 4,752,000 | € 5,343,000 | € 5,914,000 | € 5,782,000 | ▼ 2% |
| Balance sheet total | € 13,645,837 | € 14,288,211 | € 15,717,084 | € 16,396,053 | ▲ 4% |
Key figures of CASELIA DEVELOPMENT, 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 CASELIA DEVELOPMENT?
What happened at CASELIA DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stéphane SCHIFFLERS stepped down as director. NBB
- CASELIA SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 90,236 (▼ 66% vs 2024). Source: NBB ↗
- Stéphane SCHIFFLERS became a director. NBB
- CASELIA SA became a director. NBB
- New establishment in Saint-Georges-sur-Meuse. KBO
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 160,372 profit in 2022 to € 90,236 profit in 2025.
Paid € 133,465 in corporate taxes since 2022.
Best year ever: 2024, with € 265,581 profit.
Management
The stake of CASELIA, GRISHA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CASELIA DEVELOPMENTThe shares are held by CASELIA (99.5%) and GRISHA (0.5%).
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Director · represented by SHIFFLERS Stéphane
Also active at: MAISONS BLAVIER, IMMO LE CHAMPAY
since 2022 · until 2028
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Campagne du Moulin 7
4470 Saint-Georges-sur-Meuse
Oude Molenstraat 66
1160 Oudergem
Active since 1 January 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0832.038.086
- VAT number
- BE 0832.038.086
- Registered office
- Rue Campagne du Moulin 7, 4470 Saint-Georges-sur-Meuse
- Names & denominations
- CASELIA DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2010
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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