Skip to content

CARAT

Active
Public limited companyfounded 1991active for 34 yearsAmbachtenstraat 7, 2260 Westerlo, BelgiumKBO/BCE: BE 0445.993.726
Summary

CARAT has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.3m and a net result of €1.1m. Equity has been shrinking by about 4.3% per year since 2019. Its solvency ranks better than 77% of 386 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-12-1991 Normal situation
Activity
Wholesale of other machinery and equipment NACE 46649and 1 other
Joint committee
100 Aanvullend Paritair Comité voor de werklieden · annual accounts 31-03-2024
Establishment unit
2.055.544.123 2260 Westerlo, since 31-12-1991
Financial year end
31 March
Peppol
Reachable since 27-03-2026

Board and ownership

Board
  • JCDConsultancyCommVManaging director · permanent representative JacobsChristophe
  • JCD ConsultancyManaging director · permanent representative Christophe Jacobs
  • Heins Frans AndréDirector
and 4 others
Auditor
EYBedrijfsrevisoren
Shareholders
  • Carat International BVannual accounts 31-03-2026

Financial position

96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2026
Gross margin
€3.0m
▲ 6.0%
Turnover
≈ €13.0m
estimated
Profit
€1.1m
▼ 5.1%
Equity
€2.3m
▲ 8.6%
Total assets
€3.2m
▲ 12.1%
Employees on 31-03-2026
14
=
Filed on 19-06-2026, 134 days before the deadline
Score breakdownraises riskLiquidity: current ratio 5.04, cash €219, halvedlowers riskFounded in 1991Profit of €1.1m (financial year 2026)Equity €2.3m (71.6% of total assets)Show the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 73% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2025
Strong
Solvency 97-2
equity 71.6% of total assets
Liquidity 45-4
short-term debt 18.8% · cash 0.0%
Profitability 91-3
return on assets 32.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 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%● unchanged vs 07-2025 09-2025: 0.1%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged 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 12-2025 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 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.04 (5.94 in 2025), above the usual 1.5. Short-term debt is 18.8% and cash 0% of total assets. 28.4% of the assets are financed with debt and provisions.
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 46, small). It does better than 81% of them on solvency, 52% on liquidity, 93% on profitability and 64% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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 riskneutral
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 5.04, cash €219, halved
NBB · annual accounts
lowers risk · Profit of €1.1m (financial year 2026)
NBB · annual accounts
lowers risk · Equity €2.3m (71.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 19-06-2026, 134 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
134 days early
2025
29 days early
2024
134 days early
2023
119 days early
2022
117 days early
2021
29 days late
2020
116 days early
← 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 89 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 4 July (4 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
02-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 10th largest employer in Westerlo, Wholesale and retail trade sectorin the Checked rankings No. 10 View
  • Board changedlatest change 01-05-2026 · 5 in office 1 joined · 2 left View
  • Positive: 8 profitable years in a rowprofit 2026: €1.1m 8 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Resignation: Cornelis Van Beek (director)Appointment: Eric Venmans (director)
  2. · Gazette deed Resignation: Inci Korkmaz Adigüzel (director)Permanent representative: Christophe Jacobs
  3. · Gazette deed Reappointment: EY bedrijfsrevisoren (statutory auditor)Permanent representatives: Olaf Janssens and Jacobs Christophe
All 43 events

Comparable companies

These companies have the same main activity as CARAT: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €2.8m and €5m, founded between 1990 and 1999.

CompanyTotal assetsGross margin
CARAT Westerlo€3.2m€3.0m
MDP GROUP Geel€3.0m€2.3m
DIMEX TECHNICS Lontzen€4.4m€2.7m
Groeneveld Beka België Aarschot€2.8m€2.3m
NIEDAX KLEINHUIS Nazareth-De Pinte€5.0m€2.9m
ROOSJEN Antwerpen€3.8m€1.9m
GEFRAN BENELUX Olen€3.0m€2.0m
Full comparison

Key facts about CARAT

What is the company number of CARAT?
The company number of CARAT is 0445.993.726. The VAT number is the same number with BE in front: BE 0445.993.726.
Where is CARAT based?
The registered office is at Ambachtenstraat 7, 2260 Westerlo.Company details
What does CARAT do?
According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
What is the legal form of CARAT?
The legal form of CARAT is Public limited company (NV).
When was CARAT founded?
CARAT was founded on 17-12-1991.
Is CARAT still active?
Yes, CARAT is an active enterprise in the KBO register.
How many employees does CARAT have?
CARAT had an average of 14.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does CARAT fall under?
In its 31-03-2024 annual accounts, CARAT states joint committee 100 (Aanvullend Paritair Comité voor de werklieden).
What is the turnover of CARAT?
The turnover in financial year 2026 is ≈ €13.0m. This figure is estimated from the gross margin of €3.0m and 100 comparable companies (NACE 46). It probably lies between €7.7m and €21.0m.
Is CARAT profitable?
In financial year 2026, CARAT made a profit of €1.1m.
Where can I find the annual accounts of CARAT?
CARAT filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of CARAT due?
CARAT must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.