BELGIAN INTERNATIONAL CARPET C°
ActiveSummary
BELGIAN INTERNATIONAL CARPET C° has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €327k and a net result of €16k. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 5% of 154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-6
Solvency33=
Growth48▼-1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.77 in 2024; short-term debt: 51.5% and cash: 6.6% of total assets), but 91.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.3%
Return on assets
0.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 154 sector peers (2025).
NBB · sector comparisonPosition among 154 sector peers
Solvency
better than 5%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €327k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
55 d early
2023
51 d early
2022
35 d early
2021
52 d early
2020
38 d early
2019
50 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€4.11M▼ 4.3%
2024 · €4.30M
2018: €4.44M
2019: €3.90M
2020: €3.67M
2021: €3.66M
2022: €4.56M
2023: €4.80M
2024: €4.30M
2018 → 2025
EBIT margin
3.3%▼ 1.7pp
2024 · 5.1%
2018: 1.4%
2019: -2.3%
2020: -2.8%
2021: -0.9%
2022: 3.8%
2023: -1.7%
2024: 5.1%
2018 → 2025
Net result
€16k▼ 82.2%
2024 · €89k
2018: €6k
2019: €-145k
2020: €-161k
2021: €-81k
2022: €120k
2023: €-200k
2024: €89k
2018 → 2025
Working capital
€1.45M▼ 3.8%
2024 · €1.50M
2018: €1.66M
2019: €1.59M
2020: €1.75M
2021: €1.54M
2022: €1.64M
2023: €1.36M
2024: €1.50M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.66M-€4.56M▲ 24.7%€4.80M▲ 5.1%€4.30M▼ 10.5%€4.11M▼ 4.3%
Equity€303k-€423k▲ 39.7%€223k▼ 47.4%€311k▲ 39.8%€327k▲ 5.1%
Operating result€-35k-€174k€-79k€219k€137k▼ 37.2%
Net result€-81k-€120k€-200k€89k€16k▼ 82.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.96M
Fixed assets
€473k ▼ 12.4%
Current assets
€3.48M ▲ 0.9%
Equity and liabilities €3.96M
Equity
€327k ▲ 5.1%
Debt
€3.63M ▼ 1.4%
Debt's share of the balance-sheet total falls from 92.2% to 91.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€254k▼
2024 · €335k
Cash flow
€133k▼
2024 · €205k
Current ratio
1.71▼
2024 · 1.77
Quick ratio
0.46▼
2024 · 0.54
Debt to equity
11.09▼
2024 · 11.81
ROE
4.8%▼
2024 · 28.5%
ROA
0.4%▼
2024 · 2.2%
Interest coverage
2.55▼
2024 · 3.02
Debt ≤ 1 year
€2.04M▲
2024 · €1.95M
Debt > 1 year
€1.53M▼
2024 · €1.73M
Income taxes
€239▲
2024 · €173
Staff costs
€1.05M▼
2024 · €1.11M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 79 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.99M€3.96M▼
Fixed assets21/28€539k€473k▼
Tangible fixed assets22/27€530k€464k▼
Land and buildings22€67k€60k▼
Plant, machinery and equipment23€431k€392k▼
Furniture and vehicles24€32k€11k▼
Financial fixed assets28€9k€9k=
Other financial fixed assets284/8€9k€9k=
Shares284€6k€6k=
Amounts receivable and cash guarantees285/8€3k€3k=
Current assets29/58€3.45M€3.48M▲
Stocks and contracts in progress3€2.40M€2.54M▲
Stocks30/36€2.40M€2.54M▲
Raw materials and consumables30/31€651k€664k▲
Finished goods33€1.68M€1.82M▲
Goods purchased for resale34€71k€58k▼
Amounts receivable within one year40/41€788k€671k▼
Trade receivables40€453k€399k▼
Other amounts receivable41€335k€272k▼
Cash at bank and in hand54/58€252k€260k▲
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€3.99M€3.96M▼
Equity10/15€311k€327k▲
Contributions10/11€10.70M€10.70M=
Capital10€10.70M€10.70M=
Issued capital100€10.70M€10.70M=
Reserves13€1.05M€1.05M=
Non-distributable reserves130/1€484k€484k=
Legal reserve130€484k€484k=
Tax-exempt reserves132€26k€26k=
Distributable reserves133€544k€544k=
Profit (loss) carried forward14€-11.44M€-11.43M▲
Amounts payable17/49€3.68M€3.63M▼
Amounts payable after more than one year17€1.73M€1.53M▼
Financial debts170/4€1.73M€1.53M▼
Subordinated loans170€1.38M€1.41M▲
Credit institutions173€230k€113k▼
Other loans174€120k-
Amounts payable within one year42/48€1.95M€2.04M▲
Current portion of amounts payable after more than one year42€397k€454k▲
Financial debts43€515k€536k▲
Credit institutions430/8€515k€536k▲
Trade debts44€779k€760k▼
Suppliers440/4€779k€760k▼
Taxes, remuneration and social security45€142k€159k▲
Taxes450/3€11k€13k▲
Remuneration and social security454/9€131k€145k▲
Other amounts payable47/48€115k€128k▲
Accrued charges and deferred income492/3€5k€64k▲
Income statement
Code20242025
Operating income70/76A€4.52M€4.34M▼
Turnover70€4.30M€4.11M▼
Change in stocks of work in progress, finished goods and contracts in progress71€130k€140k▲
Other operating income74€94k€90k▼
Operating charges60/66A€4.30M€4.21M▼
Goods for resale, raw materials and consumables60€1.98M€1.90M▼
Purchases600/8€1.89M€1.90M▲
Change in stocks: decrease (increase)609€86k€-160▼
Services and other goods61€1.09M€1.13M▲
Remuneration, social security and pensions62€1.11M€1.05M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€117k▲
Other operating charges640/8€4k€1k▼
Non-recurring operating charges66A€8k€6k▼
Operating profit (loss)9901€219k€137k▼
Financial income75/76B€23k€22k▼
Recurring financial income75€23k€22k▼
Income from current assets751€17k€14k▼
Other financial income752/9€6k€8k▲
Financial charges65/66B€152k€143k▼
Recurring financial charges65€152k€143k▼
Debt charges650€111k€100k▼
Other financial charges652/9€42k€44k▲
Profit (loss) for the period before taxes9903€89k€16k▼
Income taxes67/77€173€239▲
Taxes670/3€173€239▲
Profit (loss) for the period9904€89k€16k▼
Profit (loss) for the period to be appropriated9905€89k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11.44M€-11.43M▲
Profit (loss) brought forward from the previous period14P€-11.53M€-11.44M▲
Social balance
Average headcount (FTE)908724.021.5▼
The notes to these accounts (58 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-200k ▼267%
Net result drops to €-200k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €120k
Net result €120k after 3 loss-making years.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 1984
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vlamingstraat 128560 WevelgemGround area
1.4 ha
Building footprint
6,180 m²
Volume, LiDAR
37,364 m³
Parcel 34041C0889/00M000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vlamingstraat 12, 8560 Wevelgem
since 19842.002.842.340
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0889/00M000 | Flanders | 1.4 ha | 1 · 6,180 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Kortrijk
controls
BELGIAN INTERNATIONAL CARPET C°BE 0426.620.153
Public money · subsidies and aid
Flemish government
2023 to 2024 · 4 entries · 15,388 EUR awarded · 15,388 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 4,954 EUR | 4,954 EUR |
| 2023 | 2 | 10,434 EUR | 10,434 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
549300YWBZVJG4D3O076
Similar companies · same sector, comparable size
BARTEX
BE 0422.198.339
Ronse · Eq €342k
Devos-Caby
BE 0451.862.919
Deerlijk · Eq €312k
SOVERCO
BE 0442.902.097
Wielsbeke · Eq €298k
Cover Flooring BE
BE 0453.260.907
Dendermonde · Eq €276k
DE POORTERE FRERES
BE 0824.737.451
Mouscron · Eq €393k
Of 117 companies in sector 13930 we hold annual accounts for 82. 45 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-12-1984
Fiscal year end31-12
Abbreviation NL
B.I.C. CARPETS
Activities, NACEBEL 2025
13930Manufacture of textiles
43320Joinery installation
46494Wholesale of non-electrical household articles
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.