BURO CARO
ActiveBURO CARO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.16M and a net result of €-97k. Equity is shrinking by ~4.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-5
Solvency69▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 5.48 against 15.23 in 2024; short-term debt: 5.1% and cash: 28% of total assets), but 55.7% 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 · 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
44.3%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-97k
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
24 d early
2023
14 d early
2022
21 d early
2021
17 d early
2020
16 d early
2019
15 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.16M▼ 7.8%
2024 · €1.25M
2018: €1.58M
2019: €1.55M
2020: €1.49M
2021: €1.44M
2022: €1.36M
2023: €1.31M
2024: €1.25M
2018 → 2025
Total assets
€2.61M▼ 4.1%
2024 · €2.72M
2018: €2.87M
2019: €2.78M
2020: €2.64M
2021: €2.87M
2022: €2.65M
2023: €2.71M
2024: €2.72M
2018 → 2025
Net result
€-97k▼ 81.3%
2024 · €-54k
2018: €-10k
2019: €-27k
2020: €-64k
2021: €-46k
2022: €-83k
2023: €-52k
2024: €-54k
2018 → 2025
Working capital
€597k▼ 26.7%
2024 · €816k
2018: €520k
2019: €551k
2020: €428k
2021: €373k
2022: €308k
2023: €598k
2024: €816k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.44M-€1.36M▼ 5.8%€1.31M▼ 3.8%€1.25M▼ 4.1%€1.16M▼ 7.8%
Operating result€-24k-€-51k▼ 112%€-19k▲ 63.7%€-10k▲ 46.2%€-59k▼ 495%
Net result€-46k-€-83k▼ 79.1%€-52k▲ 37.7%€-54k▼ 3.8%€-97k▼ 81.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €59k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.61M
Fixed assets
€1.88M▲ 1.6%
Current assets
€731k▼ 16.3%
Equity and liabilities €2.61M
Equity
€1.16M▼ 7.8%
Debt
€1.45M▼ 1.0%
The debt ratio rises from 53.9% to 55.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€113k▼
2024 · €147k
Cash flow
€75k▼
2024 · €103k
Solvency
44.3%▼
2024 · 46.1%
Current ratio
5.48▼
2024 · 15.23
Quick ratio
5.48▼
2024 · 15.23
Debt / equity
1.26▲
2024 · 1.17
ROE
-8.4%▼
2024 · -4.3%
ROA
-3.7%▼
2024 · -2.0%
Interest coverage
2.96▼
2024 · 3.36
Debt
€1.45M▼
2024 · €1.47M
Debt ≤ 1 year
€133k▲
2024 · €57k
Debt > 1 year
€1.32M▼
2024 · €1.37M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.72M€2.61M▼
Fixed assets21/28€1.85M€1.88M▲
Tangible fixed assets22/27€1.85M€1.88M▲
Land and buildings22€1.70M€1.74M▲
Other tangible fixed assets26€149k€135k▼
Financial fixed assets28€60€60=
Current assets29/58€873k€731k▼
Amounts receivable within one year40/41€20k€0▼
Trade receivables40€0€0=
Other amounts receivable41€20k-
Cash at bank and in hand54/58€849k€731k▼
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€2.72M€2.61M▼
Equity10/15€1.25M€1.16M▼
Contributions10/11€19k€19k=
Reserves13€1.24M€1.14M▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€1.23M€1.14M▼
Amounts payable17/49€1.47M€1.45M▼
Amounts payable after more than one year17€1.37M€1.32M▼
Financial debts170/4€866k€816k▼
Other amounts payable178/9€503k€503k=
Amounts payable within one year42/48€57k€133k▲
Current portion of amounts payable after more than one year42€50k€50k=
Trade debts44€227€331▲
Suppliers440/4€227€331▲
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Other amounts payable47/48€7k€72k▲
Accrued charges and deferred income492/3€40k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€157k€172k▲
Other operating charges640/8€20k€45k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€168k€160k▼
Operating profit (loss)9901€-10k€-59k▼
Financial charges65/66B€44k€38k▼
Recurring financial charges65€44k€38k▼
Profit (loss) for the period before taxes9903€-54k€-97k▼
Profit (loss) for the period9904€-54k€-97k▼
Profit (loss) for the period to be appropriated9905€-54k€-97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-97k▼
Transfer from equity791/2€54k€97k▲
The notes to these accounts (17 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-97k
Net result drops to €-97k, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 15.23
Current ratio from 6.61 to 15.23; short-term debt falls from €107k to €57k.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 6.61
Current ratio from 2.82 to 6.61; short-term debt falls from €170k to €107k.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ieper · 1 establishment unit since 1993
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.
Kapellestraat 1B8904 IeperGround area
2,665 m²
Building footprint
466 m²
Volume, LiDAR
2,211 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kapellestraat 12, 8904 Ieper
since 19932.061.857.140
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003A0944/00D000 | Flanders | 1,585 m² | 1 · 301 m² | 8.7 m · 2 fl. |
| 33003A0625/00F000 | Flanders | 1,079 m² | 1 · 165 m² | 7.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-1991
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.