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CARAIBES

Active Public limited companyfounded 1990active for 36 yearsJetsesteenweg 119, 1081 KoekelbergKBO/BCE: BE 0440.074.548

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1990
peak €1.4m (2018)
€157,619▲ 73.3%
lowest -€43,928 (2022)
€89,279▲ 354%
peak €2.1m (2025)
€2.1m▲ 4.4%
€261,898▼ 10.3%
peak 1.9 FTE (2006)
-not published
Board4 names since 2013
- 
Owners
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €90,931 to €157,619Result from €19,652 to €89,279

Key points

from the 2025 annual accounts

Equity

€2.1m ▲ 4.4%

CARAIBES has made a profit without a break since 2023.

Result

€89,279 ▲ 354%
€19,7002024€89,3002025

The result rose in 2025 from €19,652 to €89,279.

Turnover

≈ €400,000 estimated

The accounts state no turnover.

Filings

36 annual accounts since 1990
AprilJune31 JulyOctober1990200020102020

Ten of the last ten came late. The 2019 accounts came latest: 91 days after the end of the period.

Position in the sector

88.9%

Higher solvency than 92% of companies in creative and performing arts. Sector median 41.9% · 646 companies.

Checked score

95
Excellent
Financially stronger than 61% of small companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 225 companies (NACE 90, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 88.9% of total assets
56=short-term debt 4.1% · cash 4.8%
73+6return on assets 3.8%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €2.4m
Founded in 1990
Equity €2.1m (88.9% of total assets)
Calculation

The band follows from the bankruptcy probability. 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 90, small). It does better than 92% of them on solvency, 42% on liquidity, 59% on profitability and 50% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as CARAIBES has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CARAIBES itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for CARAIBES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €190,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 10.9 (14.09 in 2024), above the usual 1.5. Short-term debt is 4.1% and cash 4.8% of total assets. 11.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €2.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €2.1m (88.9% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
30 days late
2022
30 days late
2021
31 days late
2020
30 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
FC
Director, last mentioned in 2019
FP
Director, last mentioned in 2019
ID
Managing director, until 2019

Shares in 2 companies, IMMO KHOBALT and KHOBALT

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0440074548
Registered office moved to Koekelberg New registered office: Chaussée de Jette, 119 à 1081 Koekelberg · Board meeting of 04-02-2021 · Gazette deed
Merger: CARAIBES takes over FIRE IMMO Capital increase of €18,550 to €82,050 · Capital from €63,500 to €82,050, 371 new shares · Resignations: FLAMME Pascal Jean Robert, HUBART Patrick Victor Yves Marie and FIRE IMMO (managing director) · General meeting of 17-07-2019 · Gazette deed
Merger proposal: CARAIBES takes over FIRE IMMO Capital decrease of €301,450 · Capital increase of €82,050 · Board meeting of 30-05-2014 · Gazette deed
All 55 events

Comparable companies

same main activity, similar in size and age
Company
CARAIBES Koekelberg €2.4m €157,619 88.9% -
FACE A FACE CONSULTING Uccle €2.4m €213,525 25.3% 0.5
Zig Zag Schaerbeek €2.4m €279,417 25.3% 2.8
KAMAGURKA Wingene €1.9m €182,406 66.3% -
Kunstencentrum BELGIE Hasselt €2.8m €208,796 3.1% 2
BEVAS Ghent €2.2m €239,909 41.8% 2.5
LUXILLAG Evere €1.5m €105,855 61.3% 1.7

These companies have the same main activity as CARAIBES: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €1.5m and €2.8m, founded between 1986 and 1993.

Official details

Source: KBO
Status
Active since 01-03-1990Normal situation
Registered office
16 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
Activity
Specialised image, lighting and sound technical servicesNACE 90393and 2 others
Establishment unit
2.047.301.7941081 Koekelberg, since 02-03-1990
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Annual accounts 2025

€2.4m▲ 2.6%
Filing
Filed on 31-08-2026
Financials

Insights on CARAIBES

CARAIBES files the abbreviated format. That format states no turnover. The gross margin fell from €244,020 in 2006 to €157,619 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CARAIBES

What is the company number of CARAIBES?
The company number of CARAIBES is 0440.074.548. The VAT number is the same number with BE in front: BE 0440.074.548.
Where is CARAIBES based?
The registered office is at Jetsesteenweg 119, 1081 Koekelberg.Company details
What does CARAIBES do?
According to the KBO register, the main activity is specialised image, lighting and sound technical services (NACE 90393).
What is the legal form of CARAIBES?
CARAIBES is a public limited company (NV).
When was CARAIBES founded?
CARAIBES was founded on 01-03-1990.
Is CARAIBES still active?
Yes, CARAIBES is an active enterprise in the KBO register.
What is the turnover of CARAIBES?
The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €157,619 and 1,649 comparable companies of the same size. It probably lies between €240,000 and €750,000. It is a rough estimate.Financials
Is CARAIBES profitable?
In financial year 2025, CARAIBES made a profit of €89,279.
Where can I find the annual accounts of CARAIBES?
CARAIBES filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CARAIBES due?
CARAIBES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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