CARACAS
ActiveSummary
CARACAS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120,403 and a net result of €1,041. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 7201 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
What stands out
Overview
Accounts filed 31 d late1 of 4 deeds readTurnover not published (abridged schema)
Why 73- Higher-failure-rate region+ Long track record+ Annual accounts: healthy financial profileA punctual record breaksShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-8
Solvency83▼-15
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.79 in 2024; short-term debt: 26% and cash: 13.4% of total assets), and 41.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
58.5%
Return on assets
0.5%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
34 d early
2023
33 d early
2022
33 d early
2021
2 d early
2020
37 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
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. Usually files around 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Registered officeRegistered-office move
- Weakest financial yearnet €1,041 ▼90.1%
Financials
Fiscal year 2025Total assets €205,881Profit €1,041Solvency 58.5%Liquidity 1.28
Total assets
€205,881▲ 26.4%
2018 - 2025
Net result
€1,041▼ 90.1%
2018 - 2025
Equity
€120,403▲ 0.9%
2018 - 2025
Staff (FTE)
2.9=
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€66,735▲ 66.0%€10,867▼ 83.7%€12,451▲ 14.6%€18,671▲ 50.0%€4,831▼ 74.1%
Net result€45,372above the sector's middle half▲ 86.3%€5,458within the sector's middle half▼ 88.0%€6,032within the sector's middle half▲ 10.5%€10,564within the sector's middle half▲ 75.1%€1,041within the sector's middle half▼ 90.1%
Equity€97,308within the sector's middle half▲ 87.4%€102,767within the sector's middle half▲ 5.6%€108,799within the sector's middle half▲ 5.9%€119,362within the sector's middle half▲ 9.7%€120,403within the sector's middle half▲ 0.9%
Total assets€152,932within the sector's middle half▲ 4.0%€164,893within the sector's middle half▲ 7.8%€158,956within the sector's middle half▼ 3.6%€162,930within the sector's middle half▲ 2.5%€205,881within the sector's middle half▲ 26.4%
Debt€55,623▼ 41.5%€62,126▲ 11.7%€50,157▼ 19.3%€43,568▼ 13.1%€85,478▲ 96.2%
Working capital€967below the sector's middle half€8,249within the sector's middle half▲ 753%€17,180within the sector's middle half▲ 108%€27,579within the sector's middle half▲ 60.5%€14,938within the sector's middle half▼ 45.8%
Solvency63.6%within the sector's middle half▲ 28.3pp62.3%within the sector's middle half▼ 1.3pp68.4%within the sector's middle half▲ 6.1pp73.3%within the sector's middle half▲ 4.8pp58.5%within the sector's middle half▼ 14.8pp
Current ratio1.02below the sector's middle half▲ 0.491.13within the sector's middle half▲ 0.121.43within the sector's middle half▲ 0.301.79within the sector's middle half▲ 0.361.28within the sector's middle half▼ 0.51
Return on assets (ROA)29.7%above the sector's middle half▲ 13.1pp3.3%within the sector's middle half▼ 26.4pp3.8%within the sector's middle half▲ 0.5pp6.5%within the sector's middle half▲ 2.7pp0.5%within the sector's middle half▼ 6.0pp
Staff (FTE)3.7▼ 5.1%2.7▼ 27.0%3▲ 11.1%2.9▼ 3.3%2.9=
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 74% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205,881
Fixed assets
€137,479 ▲ 36.7%
Current assets
€68,402 ▲ 9.7%
Equity and liabilities €205,881
Equity
€120,403 ▲ 0.9%
Debt
€85,478 ▲ 96.2%
Debt's share of the balance-sheet total rises from 26.7% to 41.5%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€17,612▼
2024 · €28,711
Cash flow
€13,823▼
2024 · €20,603
Debt to equity
0.71▲
2024 · 0.37
ROE
0.9%▼
2024 · 8.9%
Interest coverage
8.20▼
2024 · 17.97
Debt ≤ 1 year
€53,464▲
2024 · €34,776
Debt > 1 year
€32,014▲
2024 · €8,792
Income taxes
€1,642▼
2024 · €6,510
Staff costs
€89,872▲
2024 · €89,107
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,341 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% | 1.0% |
| 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% 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 17,040 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €100 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €65,995 | €83,346 | €82,063 | €89,107 | €89,872 | ▲ 0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,079 | €7,405 | €8,111 | €10,039 | €12,782 | ▲ 27.3% |
| Other operating charges640/8 | €1,503 | €1,179 | €2,378 | €1,445 | €1,195 | ▼ 17.3% |
| Non-recurring operating charges66A | €100 | - | - | €979 | - | - |
| Gross operating margin9900 | €140,412 | €102,796 | €105,003 | €120,242 | €108,679 | ▼ 9.6% |
| Operating profit (loss)9901 | €66,735 | €10,867 | €12,451 | €18,671 | €4,831 | ▼ 74.1% |
| Financial income75/76B | - | €12 | - | - | - | - |
| Recurring financial income75 | - | €12 | - | - | - | - |
| Financial charges65/66B | €2,534 | €1,281 | €1,720 | €1,598 | €2,148 | ▲ 34.4% |
| Recurring financial charges65 | €2,534 | €1,281 | €1,720 | €1,598 | €2,148 | ▲ 34.4% |
| Profit (loss) for the period before taxes9903 | €64,202 | €9,598 | €10,731 | €17,074 | €2,683 | ▼ 84.3% |
| Income taxes67/77 | €18,830 | €4,140 | €4,699 | €6,510 | €1,642 | ▼ 74.8% |
| Profit (loss) for the period9904 | €45,372 | €5,458 | €6,032 | €10,564 | €1,041 | ▼ 90.1% |
| Profit (loss) for the period to be appropriated9905 | €45,372 | €5,458 | €6,032 | €10,564 | €1,041 | ▼ 90.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €152,932 | €164,893 | €158,956 | €162,930 | €205,881 | ▲ 26.4% |
| Fixed assets21/28 | €96,384 | €94,517 | €101,798 | €100,575 | €137,479 | ▲ 36.7% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €93,785 | €91,918 | €99,173 | €97,951 | €134,855 | ▲ 37.7% |
| Land and buildings22 | €89,128 | €84,108 | €91,508 | €86,366 | €127,764 | ▲ 47.9% |
| Furniture and vehicles24 | €2,896 | €6,497 | €6,800 | €9,904 | €5,748 | ▼ 42.0% |
| Other tangible fixed assets26 | €1,761 | €1,313 | €865 | €1,681 | €1,343 | ▼ 20.1% |
| Financial fixed assets28 | €2,599 | €2,599 | €2,624 | €2,624 | €2,624 | = |
| Current assets29/58 | €56,547 | €70,375 | €57,158 | €62,355 | €68,402 | ▲ 9.7% |
| Amounts receivable within one year40/41 | €23,795 | €26,603 | €28,748 | €44,548 | €39,927 | ▼ 10.4% |
| Trade receivables40 | €19,172 | €23,407 | €22,841 | €42,640 | €33,952 | ▼ 20.4% |
| Other amounts receivable41 | €4,623 | €3,196 | €5,908 | €1,908 | €5,976 | ▲ 213% |
| Cash at bank and in hand54/58 | €29,508 | €40,641 | €25,396 | €16,249 | €27,527 | ▲ 69.4% |
| Deferred charges and accrued income490/1 | €3,245 | €3,131 | €3,014 | €1,558 | €948 | ▼ 39.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €152,932 | €164,893 | €158,956 | €162,930 | €205,881 | ▲ 26.4% |
| Equity10/15 | €97,308 | €102,767 | €108,799 | €119,362 | €120,403 | ▲ 0.9% |
| Contributions10/11 | €7,734 | €7,734 | €7,734 | €7,734 | €7,734 | = |
| Reserves13 | €1,934 | €1,934 | €1,934 | €1,934 | €2,974 | ▲ 53.8% |
| Non-distributable reserves130/1 | €1,934 | €1,934 | - | - | - | - |
| Reserves not available under the articles1311 | €1,934 | €1,934 | - | - | - | - |
| Distributable reserves133 | - | - | €1,934 | €1,934 | €2,974 | ▲ 53.8% |
| Profit (loss) carried forward14 | €87,640 | €93,099 | €99,131 | €109,694 | €109,694 | = |
| Amounts payable17/49 | €55,623 | €62,126 | €50,157 | €43,568 | €85,478 | ▲ 96.2% |
| Amounts payable after more than one year17 | - | - | €10,179 | €8,792 | €32,014 | ▲ 264% |
| Financial debts170/4 | - | - | €10,179 | €8,792 | €32,014 | ▲ 264% |
| Amounts payable within one year42/48 | €55,580 | €62,126 | €39,978 | €34,776 | €53,464 | ▲ 53.7% |
| Current portion of amounts payable after more than one year42 | - | - | €2,807 | €7,521 | €11,239 | ▲ 49.4% |
| Trade debts44 | €12,282 | €30,492 | €8,003 | €2,041 | €14,619 | ▲ 616% |
| Suppliers440/4 | €12,282 | €30,492 | €8,003 | €2,041 | €14,619 | ▲ 616% |
| Taxes, remuneration and social security45 | €35,316 | €15,441 | €18,952 | €17,751 | €17,960 | ▲ 1.2% |
| Taxes450/3 | €29,875 | €9,607 | €11,013 | €10,400 | €6,269 | ▼ 39.7% |
| Remuneration and social security454/9 | €5,442 | €5,833 | €7,939 | €7,351 | €11,691 | ▲ 59.0% |
| Other amounts payable47/48 | €7,982 | €16,193 | €10,215 | €7,463 | €9,645 | ▲ 29.2% |
| Accrued charges and deferred income492/3 | €43 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,372 | €5,458 | €6,032 | €10,564 | €1,041 | ▼ 90.1% |
| + Depreciation and write-downs630 | €6,079 | €7,405 | €8,111 | €10,039 | €12,782 | ▲ 27.3% |
| Operating cash flow (approximation) | €51,451 | €12,863 | €14,143 | €20,603 | €13,823 | ▼ 32.9% |
| Investment in fixed assets (approximation) | - | -€5,538 | -€15,392 | -€8,817 | -€49,686 | ▼ 464% |
| Change in cash | - | €11,133 | -€15,245 | -€9,147 | €11,278 | ▲ 223% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Q-GRAFIX
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HDO ADVICE
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VANNEELS
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Of 9,851 companies in this sector we hold annual accounts for 3,760. 3,007 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
14 eventsLatest 31-08-2026Next filing 31-07-2027
History
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
16-04
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 03-03-2026
- Registered-office move, AvenuedesArts,61210BRUXELLES
2025
31-12
Financial
Weakest financial yearnet €1,041 ▼90.1%
Net result drops to €1,041, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €102,767 ▲5.6%
5 profitable years in a row build equity to €102,767.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €45,372 ▲86.3%
Operating result €66,735, net result €45,372, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 22-02-1990Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded22-02-1990
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
90111Literary creation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0440176102
Also
9925:BE0440176102
Registered
12-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other statement: Nom et signature, bloc signature dernière page Volet B
Read from the deeds: 1 provision, deed of 16-04-2026
Sites & property
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 1990
Ground area
1,978 m²
Building footprint
1,248 m²
Volume, LiDAR
35,787 m³
Parcel 21572B0357/00M000, Brussels · tallest building 42.2 m, ±12 floors. Linked by address, not a title deed.
62
companies at this address
See who is registered here
1 establishment unit
Kunstlaan 6, 1210 Sint-Joost-ten-Node
since 1990unit no. 2.047.687.123
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0357/00M000 | Brussels | 1,978 m² | 1 · 1,248 m² | 42.2 m · 12 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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