CAARMA
ActiveSummary
The computed 12-month bankruptcy probability of CAARMA is 5.0% (elevated). The 2025 annual accounts show negative equity (-€49,566) and a net result of -€54,566. Its solvency ranks better than 12% of 16,883 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 7.2 FTE
- Equity
- -€49,566
- Loss
- -€54,566
Why 35raises riskSector: Food and beverage service activities (NACE 56)Founded in 2025Negative equity -€49,566Loss of €54,566 (financial year 2025)Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 9% on solvency, 19% on liquidity and 8% on profitability.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointments: LEMAITRE Caroline (director) and…
Financials · financial year 2025, micro format
2025 annual accounts filed late (17 days) Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00402090.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.3% are still going.
- Micro
- under 2 years old
- negative equity
- a loss of 10% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 5.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €222,041 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,702 |
| Other operating charges640/8 | €5,803 |
| Gross operating margin9900 | €180,464 |
| Operating profit (loss)9901 | -€53,082 |
| Financial charges65/66B | €1,484 |
| Recurring financial charges65 | €1,484 |
| Profit (loss) for the period before taxes9903 | -€54,566 |
| Profit (loss) for the period9904 | -€54,566 |
| Profit (loss) for the period to be appropriated9905 | -€54,566 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €71,459 | |
| Fixed assets21/28 | €26,919 | |
| Tangible fixed assets22/27 | €26,167 | |
| Plant, machinery and equipment23 | €26,167 | |
| Financial fixed assets28 | €752 | |
| Current assets29/58 | €44,540 | |
| Stocks and contracts in progress3 | €16,295 | |
| Stocks30/36 | €16,295 | |
| Amounts receivable within one year40/41 | €2,863 | |
| Other amounts receivable41 | €2,863 | |
| Cash at bank and in hand54/58 | €13,019 | |
| Deferred charges and accrued income490/1 | €12,363 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €71,459 | |
| Equity10/15 | -€49,566 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | -€54,566 | |
| Amounts payable17/49 | €121,025 | |
| Amounts payable within one year42/48 | €121,025 | |
| Trade debts44 | €93,187 | |
| Suppliers440/4 | €93,187 | |
| Taxes, remuneration and social security45 | €23,977 | |
| Taxes450/3 | €19,175 | |
| Remuneration and social security454/9 | €4,802 | |
| Other amounts payable47/48 | €3,861 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€54,566 |
| + Depreciation and write-downs630 | €5,702 |
| Operating cash flow (approximation) | -€48,864 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 17-08-2026 | 2026-00402090 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| LEMAITRE Caroline |
|
| STRULENS Arnaud |
|
Owners and capital
Capital and shareholders
- STRULENS Arnaud founder
- LEMAITRE Caroline founder
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 10-01-2025 Incorporation · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-01
Gazette deed
IncorporationAppointments: LEMAITRE Caroline (director) and STRULENS Arnaud (administrateur subsidiaire) · Founder · Capital10 facts ▸
- Incorporation, 07-01-2025
- Founder, STRULENS Arnaud (constituant)
- Founder, LEMAITRE Caroline (constituant)
- Capital
- Registered office clause, “5640 Mettet,Place Joseph Meunier,numéro 23A” (deed in French)
- Director appointment, LEMAITRE Caroline (director (not named in the articles))
- Other provision, “vérification des interdictions de gérer, uniquement interdictions pénales” (deed in French)
- Director appointment, STRULENS Arnaud (administrateur subsidiaire)
- Other provision, “autorisations ou licences préalables et conditions d'accès à la profession, les comparants reconnaissent que le notaire soussigné a attiré leur attention sur le…” (deed in French)
- Founding capital
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92087H0218/00M000 | Wallonia | 223 m² | 1 · 188 m² | 13.6 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Restauration à service complet (code Nacebel: 56.101); Restauration à service restreint (code Nacebel 56.102); Vente au comptoir ou par…” (deed in French)
9 activities (deed in French)
- Restauration à service complet (code Nacebel: 56.101)
- Restauration à service restreint (code Nacebel 56.102)
- Vente au comptoir ou par téléphone, fax, internet d'aliments et de boissons : établissements de restauration rapide (snack-bars, sandwiches-bars, etc.)(code Nacebel 56.10201)
- Cafés et bars (code Nacebel 56.301)
- Vente de boissons destinées en général à être consommées sur place, par les établissements suivants, avec ou sans présentation d'un spectacle: cafés, bars, débits de bière, etc. (code Nacebel 56.30101)
- Autres débits de boissons (code Nacebel 56.309)
- La gérance de tavernes, cafés, bars, buvettes, tous établissements de débits de boisson, tous commerces de petite restauration, de restauration, de rôtisseries, snacks, pizzerias, auberges de services traiteurs, de pâtisseries, de salons de dégustation, de thé et de cafétérias, hôtels, chaînes d'hôtels, clubs, night-clubs, clubs de billard et autres, et locaux destinés à toutes petites restaurations et toute forme de petite restauration et de restaurations, de boissons alcoolisées ou non, et tout ce qui s'y rapporte, notamment tout matériel HORECA et toutes autres exploitations ayant un rapport direct ou indirect avec ces établissements ou commerces, ainsi que l'exploitation de tout appareil d'amusement,
- De jeux, de musique, appareils électroniques, exploitation de jeux et autres, vente d'articles cadeaux, de cigarettes, tabacs, cigares, chips et autres dérivés ainsi que le négoce en bières et spiritueux ;
- L'organisation de banquets, réceptions et cocktails ainsi qu'assurer l'exploitation et l'entreprise de cercle(s) privé(s), cafés concerts, théâtres, cabarets, spectacles, ainsi que toutes activités culturelles, artistiques, sportives, récréatives, chorégraphiques, cinématographiques, de divertissement et de délassements qui peuvent s'y rattacher directement ou indirectement, et toutes autres activités directes et indirectes dans le cadre de son objet, toutes expositions, sponsorisations, encouragements artistiques, création en organisation d'événements et autres.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CAARMA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l'organe d'administration,établir sièges administratifs,agences,ateliers,dépôts et succursales,tant…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, inscrites dans registre des actions nominatives avec mentions CSA,consultation par titulaires pour leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Ouverture et délai fixés par organe procédant à émission, portés à connaissance par courrier électronique,ou courrier ordinaire même jour si…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “À tout temps par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Les plus étendus conférés par les articles 2:87 et suivants CSA, si plusieurs liquidateurs,ils forment un collège” (deed in French)