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Complete company report
Generated 02-08-2026
Active BE 0648.904.660Private limited company (pre-2019)

CARARS

Rue de Nimy 8 ·7000 Mons, Belgium· 10 yrs active
Sector: Food & beverage service (56111)
Conclusion Checked

The computed 12-month bankruptcy probability of CARARS is 5.7% (elevated). The 2021 annual accounts show negative equity (€-33k) and a net result of €7k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 2029 sector peers (fiscal year 2021). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €-33k
Net result €7k
Staff (FTE) 6.8
Better than sector 13%
Snowflake analysis 5 axes · computed by Checked
Health16Profitability0Solvency33Growth78Stability100
45 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 16
Profitability 0
Solvency 33
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
5.7% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2016, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2021 · computed
16 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview6 NBB filings
Annual accounts filed on 30-08-2022 with the NBB · fiscal year 2021 · micro
€-60k€-40k€-20k€0€20kOperating result 2018: €1k€1kNet result 2018: €-54k€-54kOperating result 2019: €20k€20kNet result 2019: €-40k€-40kOperating result 2020: €-2k€-2kNet result 2020: €-47k€-47kOperating result 2021: €12k€12kNet result 2021: €7k€7k2018201920202021
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~11.9%/year over 4 fiscal years, indicative, assuming unchanged policy.
€-50k€-40k€-30k€-20k€-10k2022: €-29k (€-32k - €-27k)2023: €-25k (€-29k - €-21k)2024: €-21k (€-27k - €-15k)2018: €-48k2019: €-34k2020: €-40k2021: €-33k2018201920202021202220232024
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2021 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -75.6% 23.1%
better than 13% of 2029 sector peers
Net result €7k €4k
better than 56% of 2026 sector peers
Equity €-33k €14k
better than 13% of 2035 sector peers
Gross operating margin €67k €31k
better than 69% of 2014 sector peers
Staff costs €46k €27k
higher than 65% of 1278 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€20k
+333.8% +24% vs sector
Net profit
€7k
- far above sector median
Cash flow
€15k
- -10% vs sector
Total assets
€43k
-4.7% -57% vs sector
Equity
€-33k
+18.5% far below sector median
Working capital
€-56k
+2.6% far below sector median
Employees (FTE)
7
+385.7% +60% vs sector
Staff costs
€46k
- -50% vs sector
Debt
€76k
-11.2% +29% vs sector
Debt ≤ 1y
€68k
+4.8% +55% vs sector
Debt > 1y
€6k
-54.5% -17% vs sector
Current ratio
0.17
+56.9% -82% vs sector
Quick ratio
0.14
+88.3% -84% vs sector
Solvency
-75.6%
+14.4% far below sector median
Debt / equity
-2.32
-581.2% far below sector median
ROE
-22.6%
- -127% vs sector
ROA
17.1%
- far above sector median
Interest coverage
4.09
- -55% vs sector
Figures by fiscal year
Fiscal year2021
Revenue-
EBITDA€20k
Net profit€7k
Cash flow€15k
Staff costs€46k
Income taxes-
Dividends-
Total assets€43k
Equity€-33k
Debt€76k
of which ≤ 1y€68k
of which > 1y€6k
Working capital€-56k
Employees (FTE)6.8
Ratios (computed)
2021
Current ratio0.17
Quick ratio0.14
Working capital ratio-129.9%
Solvency-75.6%
Debt / equity-2.32
Long-term debt ratio-0.19
Interest coverage4.09
Gross margin-
Net margin-
ROA17.1%
ROE-22.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€43k
Fixed assets 21/28€32k
Intangible fixed assets 21€21k
Tangible fixed assets 22/27€11k
Financial fixed assets 28€363
Current assets 29/58€12k
Stocks & contracts in progress 3€2k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€43k
Equity 10/15€-33k
Contributions / capital 10/11€6k
Reserves 13€716
Accumulated profits (losses) 14€-40k
Amounts payable 17/49€76k
Amounts payable after one year 17€6k
Amounts payable within one year 42/48€68k
Trade debts payable within one year 44€15k
Income statement
Gross operating margin 9900€67k
Operating result 9901€12k
Financial charges 65€5k
Result before taxes 9903€7k
Net result for the period 9904€7k
Result to be appropriated 9905€7k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Food & beverage service(56111)
Legal form Private limited company (pre-2019)(015)
Incorporation23-02-2016
StatusActive
Postal code7000
Establishment units 1 location
District 7
Rue de Nimy 8, 7000 MonsEetgelegenheden met beperkte bediening
since 20122.205.609.061
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53403G0344/00A000
ProtectedMonument
 Wallonia 154 m² 1 · 55 m² 13.2 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels 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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023
21-04-2023
State Gazette act Capital & shares
2022
12-10-2022
State Gazette act Capital & shares
30-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
31-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
30-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
28-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
28-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
29-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
Belgisch Staatsblad, acts 2 acts
Capital history · 2
21-04-2023
Capital change
12-10-2022
Capital change
All acts · 2 updated 3 years ago
2023
21-04-2023 Transaction in capital or shares Capital & shares
Technical details 
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2022
12-10-2022 Transaction in capital or shares Capital & shares
Technical details 
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  },
  "act_meta": {
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    "pub_date": "2022-10-12",
    "filing_date": "2022-10-03",
    "act_kind_objet": "Ratification cession de parts - d\u00E9mission d\u0027administrateur- nomination administrateurs"
  },
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111
Primary activity highlighted.
Names & trade names
Legal nameFR CARARS
Registered office
Rue de Nimy 8
7000 Mons, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative