CAUTION
0473.505.104 · rovalta.com · 21/09/2026
ACTIVE
CAUTION
Financial year 2025 · closed on 31/12/2025
Net result
194,1 k €
+42.6% YoY
Gross margin
127,3 k €
+57.8% YoY
Equity
762,1 k €
-2.5% YoY
Overview
What does CAUTION do?
CAUTION is a Private limited company incorporated in 2000. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Deinze.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0473.505.104
Incorporation
12/12/2000
Legal form
Private limited company
Registered office
Warandestraat 20
9850 Deinze · FlandreSee on map
9850 Deinze · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 127,3 k € | +57.8% | 80,6 k € | +0.4% | 80,3 k € | -3.5% | 83,2 k € | -4.5% | 87,1 k € | -35.2% | 134,4 k € | -21.8% | 171,8 k € | +806% | 19 k € | -45.8% | 35 k € | -54.3% | 76,6 k € | +84.1% | 41,6 k € | -48.3% | 80,5 k € | +30.1% | 61,9 k € | +5.1% | 58,9 k € | -39.9% | 98 k € | +9.8% | 89,3 k € | +11.1% | 80,4 k € | +270% | 21,7 k € | -52.3% | 45,5 k € | -46.5% | 85 k € |
| EBITDA | 126,3 k € | +57.6% | 80,1 k € | +4.4% | 76,8 k € | +4.7% | 73,3 k € | -14.4% | 85,6 k € | -35.0% | 131,8 k € | -20.4% | 165,5 k € | +5780% | 2,8 k € | -91.2% | 32,2 k € | -53.1% | 68,6 k € | +73.5% | 39,5 k € | -48.3% | 76,5 k € | +29.1% | 59,2 k € | +11.3% | 53,3 k € | -42.9% | 93,3 k € | +14.8% | 81,3 k € | +69.6% | 47,9 k € | +290% | 12,3 k € | -71.8% | 43,5 k € | -45.9% | 80,5 k € |
| Operating result | 124,4 k € | +55.8% | 79,9 k € | +4.3% | 76,6 k € | +7.2% | 71,5 k € | -16.2% | 85,3 k € | -35.0% | 131,3 k € | -19.6% | 163,4 k € | +108800% | 150 € | -99.3% | 22,8 k € | -64.6% | 64,5 k € | +89.3% | 34,1 k € | -50.8% | 69,3 k € | +86.0% | 37,3 k € | -10.8% | 41,8 k € | -43.5% | 73,9 k € | +21.8% | 60,7 k € | +117% | 28 k € | +252% | -18,5 k € | -196% | 19,1 k € | -67.3% | 58,5 k € |
| Net result | 194,1 k € | +42.6% | 136,1 k € | +36.0% | 100,1 k € | -31.3% | 145,7 k € | +119% | 66,5 k € | -29.7% | 94,6 k € | +68.2% | 56,2 k € | +992% | -6,3 k € | -309% | 3 k € | -89.9% | 29,8 k € | +189% | 10,3 k € | -76.7% | 44,4 k € | +299% | 11,1 k € | -45.0% | 20,3 k € | +151% | 8,1 k € | -57.6% | 19,1 k € | +12.3% | 17 k € | +166% | -25,7 k € | -114% | -12 k € | -142% | 28,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 762,1 k € | -2.5% | 781,5 k € | +21.1% | 645,4 k € | +18.4% | 545,3 k € | +36.5% | 399,6 k € | +20.0% | 333,1 k € | +39.7% | 238,4 k € | +30.9% | 182,2 k € | -3.3% | 188,5 k € | +1.6% | 185,5 k € | +19.2% | 155,7 k € | +7.1% | 145,3 k € | +44.0% | 100,9 k € | +12.4% | 89,8 k € | +29.1% | 69,5 k € | +13.1% | 61,5 k € | +44.9% | 42,4 k € | +66.6% | 25,4 k € | -50.2% | 51,1 k € | -19.0% | 63,1 k € |
| Total assets | 1 M € | +25.8% | 822,1 k € | +23.5% | 665,6 k € | +6.0% | 628,1 k € | +28.5% | 488,9 k € | +11.6% | 438,2 k € | +39.0% | 315,2 k € | -9.9% | 349,7 k € | -7.7% | 378,8 k € | +5.4% | 359,4 k € | +2.5% | 350,5 k € | +1.0% | 347 k € | -6.3% | 370,4 k € | +1.4% | 365,4 k € | -2.7% | 375,5 k € | -6.1% | 399,8 k € | +114% | 187 k € | -4.4% | 195,6 k € | -30.1% | 279,9 k € | -8.1% | 304,7 k € |
| Cash | 291,4 k € | +92.6% | 151,3 k € | +205% | 49,7 k € | -48.4% | 96,3 k € | +204% | 31,6 k € | -42.8% | 55,3 k € | +48.7% | 37,2 k € | +200% | 12,4 k € | -31.9% | 18,2 k € | +2.6% | 17,8 k € | +40.9% | 12,6 k € | +69.9% | 7,4 k € | -49.7% | 14,8 k € | +231% | 4,5 k € | -68.9% | 14,3 k € | -29.6% | 20,4 k € | +81.1% | 11,2 k € | +53.9% | 7,3 k € | -85.7% | 51,2 k € | -32.0% | 75,3 k € |
| Debts | 272,1 k € | +570% | 40,6 k € | +101% | 20,2 k € | -75.6% | 82,9 k € | -7.2% | 89,3 k € | -15.1% | 105,1 k € | +38.4% | 76 k € | -53.8% | 164,3 k € | -12.0% | 186,8 k € | +9.8% | 170,1 k € | -11.2% | 191,4 k € | -4.7% | 200,8 k € | -24.5% | 266,1 k € | -1.5% | 270,2 k € | -10.7% | 302,7 k € | -9.8% | 335,4 k € | +135% | 142,4 k € | -15.2% | 168 k € | -4.9% | 176,7 k € | -5.4% | 186,7 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 3 ended
Active mandates
Johan Mergaert
ActivePhilippe Van Ransbeeck
ActiveEnded mandates
Johan Mergaert
EndedJohan Mergaert
EndedJOHAN MERGAERT
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Philou And Friends● Active | 0716.715.380 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 21/08/2026 | 31/07/2025 | 05/07/2024 | 30/06/2023 | 31/07/2022 | 31/08/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 01/06/2024 | 01/06/2023 | 01/06/2022 | 01/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 21/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 30/06/2025 | 31/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 01/06/2024 | 05/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 01/06/2023 | 30/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 01/06/2022 | 31/07/2022 | Dutch | |
| Micro model | 31/12/2020 | 01/06/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 08/09/2020 | 29/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 01/06/2019 | 29/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 01/06/2018 | 26/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 01/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 01/06/2016 | 05/10/2016 | Dutch | |
| Abridged model | 31/12/2014 | 01/06/2015 | 06/04/2016 | Dutch | |
| Abridged model | 31/12/2013 | 01/06/2014 | 04/04/2016 | Dutch | |
| Abridged model | 31/12/2012 | 01/06/2013 | 24/10/2013 | Dutch | |
| Abridged model | 31/12/2011 | 01/06/2012 | 24/10/2013 | Dutch | |
| Abridged modelCorrection | 31/12/2010 | 01/06/2011 | 28/09/2011 | Dutch | |
| Abridged model | 31/12/2010 | 01/06/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 01/06/2010 | 28/12/2010 | Dutch | |
| Abridged model | 31/12/2008 | 01/06/2009 | 29/10/2009 | Dutch | |
| Abridged model | 31/12/2007 | 01/06/2008 | 29/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 01/06/2007 | 04/12/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 3 ended
Active mandates
Johan Mergaert
ActivePhilippe Van Ransbeeck
ActiveEnded mandates
Johan Mergaert
EndedJohan Mergaert
EndedJOHAN MERGAERT
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates11/05/2021ONTSLAGEN - BENOEMINGEN
- Mandates19/01/2021ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
- Registered office10/12/2003MAATSCHAPPELIJKE ZETEL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025194,1 k €↑
- 2024Annual accounts 2024136,1 k €↑
- 2023Annual accounts 2023100,1 k €↓
- 2022Annual accounts 2022145,7 k €↑
- 2021Annual accounts 202166,5 k €↓
- 2020Annual accounts 202094,6 k €↑
- 2019Annual accounts 201956,2 k €↑
- 2018Annual accounts 2018-6,3 k €↓
- 2017Annual accounts 20173 k €↓
- 2016Annual accounts 201629,8 k €↑
- 2015Annual accounts 201510,3 k €↓
- 2014Annual accounts 201444,4 k €↑
- 2013Annual accounts 201311,1 k €↓
- 2012Annual accounts 201220,3 k €↑
- 2011Annual accounts 20118,1 k €↓
- 2010Annual accounts 201019,1 k €↑
- 2009Annual accounts 200917 k €↑
- 2008Annual accounts 2008-25,7 k €↓
- 2007Annual accounts 2007-12 k €↓
- 2006Annual accounts 200628,8 k €
- 12/12/2000IncorporationPrivate limited company