CARACTERE
ActiveCARACTERE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €881k and a net result of €272k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 48% of 140 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
75
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency51▼-18
Growth58=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.46 in 2024), and 70% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← 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
30%
Return on assets
9.3%
Age of the figures
8 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 11-08-2026, 11 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 · 10 filingsDeviation from the deadline
2025
11 d late
2024
37 d early
2023
13 d early
2022
7 d early
2021
8 d early
2020
20 d early
2019
67 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€272k▼ 17.1%
2024 · €328k
2018: €38k
2019: €-143k
2020: €-277k
2021: €281k
2022: €213k
2023: €30k
2024: €328k
2018 → 2025
Working capital
€396k▼ 31.8%
2024 · €581k
2018: €868k
2019: €794k
2020: €468k
2021: €442k
2022: €440k
2023: €765k
2024: €581k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€569k-€569k=€599k▲ 5.3%€927k▲ 54.7%€881k▼ 4.9%
Operating result€302k-€233k▼ 22.7%€42k▼ 81.9%€495k▲ 1,074%€425k▼ 14.2%
Net result€281k-€213k▼ 24.3%€30k▼ 85.8%€328k▲ 986%€272k▼ 17.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.94M
Fixed assets
€485k▼ 20.6%
Current assets
€2.45M▲ 33.8%
Equity and liabilities €2.94M
Equity
€881k▼ 4.9%
Debt
€2.06M▲ 35.5%
The debt ratio rises from 62.1% to 70.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€551k▲
2024 · €527k
Cash flow
€398k▲
2024 · €360k
Solvency
30.0%▼
2024 · 37.9%
Current ratio
1.19▼
2024 · 1.46
Quick ratio
1.19▼
2024 · 1.46
Debt / equity
2.33▲
2024 · 1.64
ROE
30.8%▼
2024 · 35.4%
ROA
9.3%▼
2024 · 13.4%
Interest coverage
11.30▼
2024 · 13.31
Debt
€2.06M▲
2024 · €1.52M
Debt ≤ 1 year
€2.06M▲
2024 · €1.25M
Income taxes
€105k▲
2024 · €96k
Staff costs
€603k▲
2024 · €530k
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€2.44M€2.94M▲
Fixed assets21/28€611k€485k▼
Intangible fixed assets21€501k€401k▼
Tangible fixed assets22/27€93k€67k▼
Plant, machinery and equipment23€11k€3k▼
Other tangible fixed assets26€82k€64k▼
Financial fixed assets28€18k€18k=
Current assets29/58€1.83M€2.45M▲
Amounts receivable within one year40/41€1.64M€2.04M▲
Trade receivables40€852k€1.60M▲
Other amounts receivable41€792k€439k▼
Cash at bank and in hand54/58€168k€401k▲
Deferred charges and accrued income490/1€19k€11k▼
Equity and liabilities
Total equity and liabilities10/49€2.44M€2.94M▲
Equity10/15€927k€881k▼
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€69k€69k=
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€358k€312k▼
Amounts payable17/49€1.52M€2.06M▲
Amounts payable after more than one year17€265k-
Financial debts170/4€265k-
Amounts payable within one year42/48€1.25M€2.06M▲
Financial debts43€38k€37k▼
Credit institutions430/8€38k€37k▼
Trade debts44€856k€1.66M▲
Suppliers440/4€856k€1.66M▲
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€158k€269k▲
Taxes450/3€96k€203k▲
Remuneration and social security454/9€62k€65k▲
Other amounts payable47/48€200k€81k▼
Income statement
Code20242025
Remuneration, social security and pensions62€530k€603k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€126k▲
Other operating charges640/8€5k€9k▲
Gross operating margin9900€1.06M€1.16M▲
Operating profit (loss)9901€495k€425k▼
Financial income75/76B€3k€560▼
Recurring financial income75€3k€560▼
Financial charges65/66B€74k€49k▼
Recurring financial charges65€40k€49k▲
Non-recurring financial charges66B€34k-
Profit (loss) for the period before taxes9903€424k€377k▼
Income taxes67/77€96k€105k▲
Profit (loss) for the period9904€328k€272k▼
Profit (loss) for the period to be appropriated9905€328k€272k▼
Appropriation of the result
Profit (loss) to be appropriated9906€358k€640k▲
Profit (loss) brought forward from the previous period14P€30k€368k▲
Profit to be distributed694/7-€328k
Return on contributions (dividend)694-€328k
Social balance
Average headcount (FTE)90877.49.1▲
The notes to these accounts (8 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
09-09
State Gazette act
General meeting · Registered-office move
Director resignation · Director discharge
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 11 days late
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €328k ▲986%
Operating result €495k, net result €328k, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-10
Financial
Back to profitnet €281k
Net result €281k after 2 loss-making years.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-10
Financial
Weakest financial yearnet €-277k
Net result drops to €-277k, the lowest in the series; recovery starts the following year.
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Aalst · 1 establishment unit since 2001
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.
Korte Keppestraat 199320 AalstGround area
1.9 ha
Building footprint
2,174 m²
Volume, LiDAR
653 m³
2 parcels, Flanders · tallest building 5.7 m. Linked by address, not a title deed.
1 establishment unit
CARACTERE
since 20012.093.291.771
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0932/00D000 | Flanders | 1.7 ha | 1 · 1,485 m² | 5.7 m |
| 41009A0287/00F000 | Flanders | 2,107 m² | 1 · 689 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 11,250 EUR awarded · 11,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 11,250 EUR | 11,250 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
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Of 1,430 companies in sector 79110 we hold annual accounts for 874. 525 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-05-2001
Fiscal year end31-12
Activities, NACEBEL
79110Travel agency activities
79120Travel agency, tour operator and other reservation service and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.