Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KASITO from Deerlijk, company number BE0885626034, closed financial year 2025 with a result of € 514 after tax. For that financial year KASITO recorded a gross margin of € 84,922 and equity of € 588,596. Compared with financial year 2024, the result moved from € 3,703 to € 514. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 588,596
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 514
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 26,581
▼ 9% 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 € 488,596.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 41,718
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 348,158
▼ 8% vs 2024
€ 28,673 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 21,389
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,839
▼ 18% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 150,254 | € 125,673 | € 148,464 | € 84,922 | ▼ 43% |
| Profit after taxes | € 56,733 | € -76,459 | € 3,703 | € 514 | ▼ 86% |
| Equity | € 660,838 | € 584,379 | € 588,082 | € 588,596 | |
| Total debts | € 1,088,367 | € 861,820 | € 962,549 | € 889,834 | ▼ 8% |
| Cash | € 243,223 | € 31,599 | € 29,350 | € 26,581 | ▼ 9% |
| Land & buildings | € 919,842 | € 891,582 | € 924,083 | € 884,890 | ▼ 4% |
| Retained profit | € 560,838 | € 484,379 | € 488,082 | € 488,596 | |
| Bank debt | € 643,067 | € 404,322 | € 376,435 | € 348,158 | ▼ 8% |
| Balance sheet total | € 1,749,205 | € 1,446,199 | € 1,550,631 | € 1,478,431 | ▼ 5% |
Key figures of KASITO, 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 July 2027.
What happened to KASITO?
What happened at KASITO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 514 (▼ 86% vs 2024). Source: NBB ↗
- SIMON NICHELSON became a director. NBB
- THOMAS NICHELSON became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
- PASCAL NICHELSON became a director. NBB
- KATELIJNE FLAMAND became a director. NBB
In short
From € 56,733 profit in 2022 to € 514 profit in 2025.
Paid € 6,352 in corporate taxes since 2022.
Best year ever: 2022, with € 56,733 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind KASITO are PASCAL NICHELSON, KATELIJNE FLAMAND, SIMON NICHELSON and THOMAS NICHELSON. KATELIJNE FLAMAND is also behind FLAMAND - RIGOLE EN KINDEREN. THOMAS NICHELSON is also behind FLAMAND - RIGOLE EN KINDEREN.
Directors
According to the 2025 annual accounts
PASCAL NICHELSON
Director
since 2006
since 2006
SIMON NICHELSON
Director
since 2020
since 2016
Establishments
Establishment units
Physical locations of this company
Harelbekestraat 155
8540 Deerlijk
Noordstraat 35
8530 Harelbeke
Active since 13 December 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0885.626.034
- VAT number
- BE 0885.626.034
- Registered office
- Harelbekestraat 155, 8540 Deerlijk
- Names & denominations
- KASITO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2006
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Groothandel in fietsen