Type
Bankruptcy
Country
Belgium
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Non-specialised retail sale
47.1 - Non-specialised retail sale

544 jobs
Number of planned job losses
Job loss
Announcement Date
5 March 2025
Employment effect (start)
6 March 2025
Foreseen end date

Description

Casa an international retail chain specialised in home decoration, has declared bankruptcy of its Belgian branch. All 63 stores will be closed, affecting all 540 employees.

Growing competition with online stores led to reduced income in combination with increasing (wage) costs, which ultimately led to the closure of the branch. At the time of writing, a curator has been appointed to look at potential takeover options. No formal statements were made on decisions related to the other international branches in France, Spain, Switzerland, Luxembourg, or the Netherlands.


Sources

Citation

Eurofound (2025), Casa, Bankruptcy in Belgium, factsheet number 202454, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202454.