CARAVELLE
ActiveSummary
CARAVELLE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-18k) and a net result of €-20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 1304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▲+11
Solvency22▼-3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11 against 0.15 in 2024; short-term debt: 21.4% and cash: 0.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-2.7%
Return on assets
-3.1%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-18k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-03-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
16 d early
2023
on the day
2022
31 d early
2021
33 d early
2020
11 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-18k
2024 · €2k
2018: €-42k
2019: €-41k
2020: €-52k
2021: €63k
2022: €66k
2023: €44k
2024: €2k
2018 → 2025
Total assets
€659k▼ 5.8%
2024 · €699k
2018: €52k
2019: €238k
2020: €204k
2021: €342k
2022: €312k
2023: €686k
2024: €699k
2018 → 2025
Net result
€-20k▲ 50.9%
2024 · €-41k
2018: €-32k
2019: €735
2020: €-10k
2021: €122k
2022: €24k
2023: €-23k
2024: €-41k
2018 → 2025
Working capital
€-126k▼ 15.5%
2024 · €-109k
2018: €-53k
2019: €-75k
2020: €-77k
2021: €-228
2022: €37k
2023: €-87k
2024: €-109k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€66k▲ 5.9%€44k▼ 34.3%€2k▼ 94.8%€-18k
Operating result€136k-€30k▼ 78.1%€-16k€-14k▲ 10.5%€5k
Net result€122k-€24k▼ 80.5%€-23k€-41k▼ 81.5%€-20k▲ 50.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €659k
Fixed assets
€643k ▼ 5.4%
Current assets
€15k ▼ 19.8%
Key figures and ratios
EBITDA
€43k▲
2024 · €23k
Cash flow
€17k▲
2024 · €-4k
Solvency
-2.7%▼
2024 · 0.3%
Current ratio
0.11▼
2024 · 0.15
Debt to equity
-37.54
ROA
-3.1%▲
2024 · -5.9%
Interest coverage
1.67▲
2024 · 0.83
Debt
€677k▼
2024 · €697k
Debt ≤ 1 year
€141k▲
2024 · €128k
Debt > 1 year
€536k▼
2024 · €566k
Income taxes
€345▼
2024 · €353
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€699k€659k▼
Fixed assets21/28€680k€643k▼
Tangible fixed assets22/27€680k€643k▼
Land and buildings22€656k€630k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€18k€9k▼
Current assets29/58€19k€15k▼
Amounts receivable within one year40/41€13k€6k▼
Trade receivables40€2k€4k▲
Other amounts receivable41€11k€2k▼
Cash at bank and in hand54/58€4k€6k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€699k€659k▼
Equity10/15€2k€-18k▼
Contributions10/11€59k€59k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-64k€-84k▼
Amounts payable17/49€697k€677k▼
Amounts payable after more than one year17€566k€536k▼
Financial debts170/4€566k€536k▼
Amounts payable within one year42/48€128k€141k▲
Current portion of amounts payable after more than one year42€34k€31k▼
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€86k€98k▲
Accrued charges and deferred income492/3€3k€165▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€37k▲
Other operating charges640/8€5k€5k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€28k€48k▲
Operating profit (loss)9901€-14k€5k▲
Financial income75/76B€691€355▼
Recurring financial income75€691€355▼
Non-recurring financial income76B€0-
Financial charges65/66B€28k€26k▼
Recurring financial charges65€28k€26k▼
Profit (loss) for the period before taxes9903€-41k€-20k▲
Income taxes67/77€353€345▼
Profit (loss) for the period9904€-41k€-20k▲
Profit (loss) for the period to be appropriated9905€-41k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-64k€-84k▼
Profit (loss) brought forward from the previous period14P€-23k€-64k▼
The notes to these accounts (18 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
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €122k
Net result €122k after one loss-making year.
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €735
Net result €735 after one loss-making year.
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Spa · 2 establishment units since 2004
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.
Chemin de la Platte 94900 SpaGround area
733 m²
Building footprint
368 m²
Volume, LiDAR
1,728 m³
3 parcels, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Le Boulevard
since 20042.142.522.142
CARAVELLE
since 20222.326.406.329
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62028C0921/00A000 | Wallonia | 514 m² | 1 · 162 m² | 7.4 m · 2 fl. |
| 63072H0555/00R000 | Wallonia | 145 m² | 1 · 137 m² | 8.2 m · 2 fl. |
| 62806C0565/00K000 | Wallonia | 73 m² | 1 · 69 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RoJa
BE 0793.757.532
Antwerpen · Eq €2,440
Aas-immo
BE 0769.811.992
Durbuy · Eq €2,454
L'AUBERGE DE VERLAINE
BE 0768.257.816
Durbuy · Eq €1,951
K-DEUS LIBRA
BE 0828.923.297
Erezée · Eq €2,717
AMAND'EAU
BE 0774.455.522
Puurs-Sint-Amands · Eq €1,877
Of 3,000 companies in sector 55203 we hold annual accounts for 690. 149 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-08-2004
Fiscal year end30-09
Activities, NACEBEL 2025
55203Holiday cottages, homes and apartments
56112Limited-service restaurants, excluding mobile food services
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.