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 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CHECK! from Gent, company number BE0863633857, closed financial year 2025 with a result of € 8,072 after tax. For that financial year CHECK! recorded a gross margin of € 27,790 and equity of € 20,041. Compared with financial year 2024, the result moved from € 22,385 to € 8,072. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 20,041
▲ 67% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,072
▼ 64% vs 2024
Profit after tax over the fiscal year.
€ 4,320
▲ 44% 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 € 1,441.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 24,924
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,569
▼ 46% vs 2024
€ 7,061 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,234
▲ 173% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,050
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 38,808 | € 20,575 | € 44,185 | € 27,790 | ▼ 37% |
| Profit after taxes | € 24,648 | € 4,240 | € 22,385 | € 8,072 | ▼ 64% |
| Equity | € -14,656 | € -10,416 | € 11,969 | € 20,041 | ▲ 67% |
| Total debts | € 72,793 | € 98,697 | € 71,717 | € 54,277 | ▼ 24% |
| Cash | € 1,930 | € 22,980 | € 2,992 | € 4,320 | ▲ 44% |
| Land & buildings | € 42,364 | € 36,964 | € 31,563 | € 26,669 | ▼ 16% |
| Retained profit | € -33,256 | € -29,016 | € -6,631 | € 1,441 | ▲ € 8,072 |
| Bank debt | € 54,310 | € 39,901 | € 23,117 | € 12,569 | ▼ 46% |
| Balance sheet total | € 58,138 | € 88,281 | € 83,686 | € 74,318 | ▼ 11% |
Key figures of CHECK!, 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 CHECK!?
What happened at CHECK! in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,072 (▼ 64% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 24,648 profit in 2022 to € 8,072 profit in 2025.
Paid € 9,658 in corporate taxes since 2022.
Best year ever: 2022, with € 24,648 profit.
Management
Behind CHECK! is Michel Vandecasteele.
Directors
According to the 2025 annual accounts
Michel Vandecasteele
Manager
Establishments
Establishment units
Physical locations of this company
August Van Geertstraat 2
9040 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0863.633.857
- VAT number
- BE 0863.633.857
- Registered office
- August Van Geertstraat 2, 9040 Gent
- Names & denominations
- CHECK!
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2004
- Peppol
- Active · Active since 24 Nov 2025
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