Car-ré Architecture
ActiveCar-ré Architecture has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221k and a net result of €51k. Equity is growing by ~37% per year across the filed fiscal years. Its solvency ranks better than 32% of 9388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
65
/ 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
Profitability62▼-28
Solvency59▼-4
Growth52=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 2.79 in 2024; short-term debt: 14.9% and cash: 21.8% of total assets), but 66.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
33.8%
Return on assets
7.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
15 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€221k▲ 29.8%
2024 · €170k
2023: €95k
2024: €170k
2023 → 2025
Total assets
€655k▲ 44.6%
2024 · €453k
2023: €139k
2024: €453k
2023 → 2025
Net result
€51k▼ 32.5%
2024 · €75k
2023: €88k
2024: €75k
2023 → 2025
Working capital
€77k▲ 28.5%
2024 · €60k
2023: €43k
2024: €60k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€95k-€170k▲ 79.1%€221k▲ 29.8%
Operating result€122k-€112k▼ 7.9%€100k▼ 11.2%
Net result€88k-€75k▼ 14.6%€51k▼ 32.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 11% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €655k
Fixed assets
€480k▲ 33.5%
Current assets
€175k▲ 87.4%
Equity and liabilities €655k
Equity
€221k▲ 29.8%
Debt
€434k▲ 53.6%
The debt ratio rises from 62.4% to 66.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€136k▼
2024 · €144k
Cash flow
€87k▼
2024 · €106k
Solvency
33.8%▼
2024 · 37.6%
Current ratio
1.79▼
2024 · 2.79
Quick ratio
1.79▼
2024 · 2.79
Debt / equity
1.96▲
2024 · 1.66
ROE
23.0%▼
2024 · 44.2%
ROA
7.8%▼
2024 · 16.6%
Interest coverage
3.99▼
2024 · 16.48
Debt
€434k▲
2024 · €282k
Debt ≤ 1 year
€98k▲
2024 · €33k
Debt > 1 year
€336k▲
2024 · €249k
Income taxes
€16k▼
2024 · €29k
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€453k€655k▲
Fixed assets21/28€359k€480k▲
Tangible fixed assets22/27€352k€459k▲
Land and buildings22€311k€433k▲
Plant, machinery and equipment23-€462
Furniture and vehicles24€40k€25k▼
Financial fixed assets28€8k€21k▲
Current assets29/58€93k€175k▲
Amounts receivable within one year40/41€7k€31k▲
Trade receivables40€2k€25k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€82k€143k▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€453k€655k▲
Equity10/15€170k€221k▲
Contributions10/11€7k€7k=
Reserves13€128k€128k=
Distributable reserves133€128k€128k=
Profit (loss) carried forward14€35k€86k▲
Amounts payable17/49€282k€434k▲
Amounts payable after more than one year17€249k€336k▲
Financial debts170/4€249k€336k▲
Amounts payable within one year42/48€33k€98k▲
Current portion of amounts payable after more than one year42€12k€41k▲
Trade debts44€8k€34k▲
Suppliers440/4€8k€34k▲
Taxes, remuneration and social security45€8k€22k▲
Taxes450/3€8k€16k▲
Remuneration and social security454/9€155€6k▲
Other amounts payable47/48€5k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€134-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€37k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€146k€141k▼
Operating profit (loss)9901€112k€100k▼
Financial income75/76B€8€1k▲
Recurring financial income75€8€757▲
Non-recurring financial income76B-€703
Financial charges65/66B€9k€34k▲
Recurring financial charges65€9k€34k▲
Profit (loss) for the period before taxes9903€104k€67k▼
Income taxes67/77€29k€16k▼
Profit (loss) for the period9904€75k€51k▼
Profit (loss) for the period to be appropriated9905€75k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€86k▲
Profit (loss) brought forward from the previous period14P-€35k
Transfer to equity691/2€40k-
To other reserves6921€40k-
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €51k ▼32.5%
Net result drops to €51k, the lowest in the series.
31-12
Financial
Equity above €200kEq €221k ▲29.8%
3 profitable years in a row build equity to €221k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €150kEq €170k ▲79.1%
2 profitable years in a row build equity to €170k.
15-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Andenne · 2 establishment units since 2022
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.
Allée des Fleurs 635300 AndenneGround area
954 m²
Building footprint
194 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
CAR-ré Architecture
since 20222.337.034.460
CAR-ré Architecture
since 20222.337.034.559
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92113E0501/00E009 | Wallonia | 799 m² | 1 · 104 m² | - |
| 92402G0206/00F002 | Wallonia | 155 m² | 1 · 90 m² | - |
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.
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Of 18,252 companies in sector 71111 we hold annual accounts for 6,319. 5,027 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-10-2022
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@architecturecarion.be
Phone:+32485901027