Equity
€4,487 from €184,352 in 2010
Equity fell by 98% in 15 years.
CARAT
Lifetime
19 annual accounts with figures on one time axis, 25 filings since 2001peak €143,137 (2014)
€12,515▲ €21,772
lowest -€25,371 (2024)
-€1,925▲ €23,446
peak €184,352 (2010)
€4,487▼ 68.5%
€49,514▼ 16.5%
Board1 name since 2021
1 director
Documentsfilings and deeds
15-05-202615 days late
2025micro format
Gross margin from -€9,257 to €12,515Loss of €1,925Dividend €7,817Equity from €14,229 to €4,487Debts from €59,320 to €49,514
Key points
from the 2025 annual accountsLosses
-€27,297 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Turnover
≈ €80,000 estimated
The micro format states no turnover.
Debts
€49,514 92% of the balance sheet
Financial debts 32%Suppliers 3%Taxes and wages 2%Other 63%
Of this, €33,605 falls due within a year.
Filings
25 annual accounts since 2001
The 2025 accounts came 15 days late. The other nine of the last ten were filed on time.
Position in the sector
8.3%
Lower solvency than 80% of companies in other professional activities. Sector median 49.6% · 4,570 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 973 companies had the same profile as CARAT has now. Each dot stands for 3 companies, two years later.
92.8%
were still trading
4.4%
stopped another way
2.3%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 973 companies, not a prediction for CARAT. 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.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472367927
Change of role: , from manager to director
Director discharge: · General meeting of 11-12-2023 · Gazette deed
Registered office moved from Sint-Martens-Latem to Kruishoutem
New registered office: Nieuwstraat 28 bus 1002 te 9770 Kruishoutem · Previous registered office: Kortrijksesteenweg 281 te 9830 Sint-Martens-Latem · Gazette deed
First establishment
Nieuwstraat 28, Kruisem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CARAT Kruisem | €54,001 | €12,515 | 8.3% | - |
| NISTEMA Ottignies-Louvain-la-Neuve | €56,107 | €10,983 | 78.8% | - |
| CHARLOTTE DE KEERSMAECKER Puurs-Sint-Amands | €66,003 | €14,504 | 79.6% | - |
| TRADUCTIS Brussels | €49,090 | €12,229 | 45.6% | - |
| Words in a box Waterloo | €58,851 | €9,228 | 13.0% | - |
| SECRO Mortsel | €43,909 | €9,411 | 80.7% | - |
| CONDUCTA Oostkamp | €47,065 | €9,823 | -0.2% | - |
These companies have the same main activity as CARAT: translation services (NACE 74301). They are comparable in size and age: total assets between €43,900 and €66,000, founded between 1993 and 2006.
Official details
Source: KBO- Status
- Active since 01-08-2000Normal situation
- Activity
- Translation servicesNACE 74301
- Establishment unit
- 2.115.846.7469770 Kruisem, since 02-08-2000
- Financial year end
- 30 September
- Peppol
- Reachable since 30-11-2025
Insights on CARAT
CARAT files the micro format. That format states no turnover. The gross margin fell from €50,506 in 2007 to €12,515 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
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 CARAT
- What is the company number of CARAT?
- The company number of CARAT is 0472.367.927. The VAT number is the same number with BE in front: BE 0472.367.927.
- Where is CARAT based?
- The registered office is at Nieuwstraat 28, 9770 Kruisem.Company details
- What does CARAT do?
- According to the KBO register, the main activity is translation services (NACE 74301).
- What is the legal form of CARAT?
- CARAT is a private limited company (BV).
- When was CARAT founded?
- CARAT was founded on 01-08-2000.
- Is CARAT still active?
- Yes, CARAT is an active enterprise in the KBO register.
- What is the turnover of CARAT?
- The turnover in financial year 2025 is ≈ €80,000. This figure is estimated from the gross margin of €12,515 and 46 comparable companies (NACE 74). It probably lies between €39,000 and €160,000. It is a rough estimate.Financials
- Is CARAT profitable?
- In financial year 2025, CARAT made a loss of €1,925.
- Where can I find the annual accounts of CARAT?
- CARAT filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CARAT due?
- CARAT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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