CAREA
ActiveSummary
CAREA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €979,900. Equity is growing by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-23
Solvency64▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180,000 at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.81 in 2024; short-term debt: 60.7% and cash: 1.8% of total assets), but 60.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.2%
Return on assets
12.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
8 d early
2024
26 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
63 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 company by equity in Genappe, Wholesale and retail trade sector#5 company by total assets in Genappe, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€979,900▼ 3.2%
2024 · €1.0m
Working capital
€3.0m▲ 47.7%
2024 · €2.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€677,364▲ 49.9%€20,111▼ 97.0%-€78,083€1.4m€1.4m▼ 0.8%
Net result€485,926within the sector's middle half▲ 56.9%€10,421within the sector's middle half▼ 97.9%-€51,376below the sector's middle half€1.0mabove the sector's middle half€979,900above the sector's middle half▼ 3.2%
Equity€1.1mwithin the sector's middle half▲ 80.3%€1.1mwithin the sector's middle half▲ 1.0%€1.1mwithin the sector's middle half▼ 4.7%€2.1mwithin the sector's middle half▲ 96.4%€3.0mabove the sector's middle half▲ 47.5%
Total assets€2.3mwithin the sector's middle half▼ 27.7%€1.4mwithin the sector's middle half▼ 37.5%€2.2mwithin the sector's middle half▲ 52.0%€4.6mwithin the sector's middle half▲ 111%€7.8mabove the sector's middle half▲ 68.6%
Debt€1.2m▼ 53.2%€331,799▼ 72.4%€1.1m▲ 240%€2.5m▲ 125%€4.7m▲ 85.8%
Working capital€1.4m▲ 55.0%€1.1m▼ 20.7%€1.1m▼ 4.7%€2.1m▲ 96.4%€3.0m▲ 47.7%
Solvency47.6%within the sector's middle half▲ 28.5pp76.9%above the sector's middle half▲ 29.3pp48.2%within the sector's middle half▼ 28.6pp44.8%within the sector's middle half▼ 3.4pp39.2%within the sector's middle half▼ 5.6pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €7.8m
Equity
€3.0m ▲ 47.5%
Debt
€4.7m ▲ 85.8%
Debt's share of the balance-sheet total rises from 55.2% to 60.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.65▼
2024 · 1.81
Quick ratio
0.52▼
2024 · 1.40
Debt to equity
1.55▲
2024 · 1.23
ROE
32.2%▼
2024 · 49.1%
ROA
12.6%▼
2024 · 22.0%
Debt ≤ 1 year
€4.7m▲
2024 · €2.5m
Income taxes
€345,806▼
2024 · €352,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 152 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 96% are still going.
- Medium-sized
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0%
went bankrupt
3.9%
stopped otherwise
96%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 152 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,245 | -€1,245 | - | €1,078 | - |
| Other operating charges640/8 | €1,018 | €973 | €1,412 | €1,173 | €1,115 | ▼ 4.9% |
| Gross operating margin9900 | €678,382 | €22,329 | -€77,916 | €1.4m | €1.4m | ▼ 0.8% |
| Operating profit (loss)9901 | €677,364 | €20,111 | -€78,083 | €1.4m | €1.4m | ▼ 0.8% |
| Financial income75/76B | €3,810 | €9,825 | €68,564 | €17,517 | €3 | ▼ 100.0% |
| Recurring financial income75 | €3,810 | €9,825 | €68,564 | €17,517 | €3 | ▼ 100.0% |
| Financial charges65/66B | €21,641 | €11,721 | €41,857 | €32,597 | €41,907 | ▲ 28.6% |
| Recurring financial charges65 | €21,641 | €11,721 | €41,857 | €32,597 | €41,907 | ▲ 28.6% |
| Profit (loss) for the period before taxes9903 | €659,533 | €18,215 | -€51,376 | €1.4m | €1.3m | ▼ 2.8% |
| Income taxes67/77 | €173,607 | €7,794 | €0 | €352,000 | €345,806 | ▼ 1.8% |
| Profit (loss) for the period9904 | €485,926 | €10,421 | -€51,376 | €1.0m | €979,900 | ▼ 3.2% |
| Profit (loss) for the period to be appropriated9905 | €485,926 | €10,421 | -€51,376 | €1.0m | €979,900 | ▼ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €1.4m | €2.2m | €4.6m | €7.8m | ▲ 68.6% |
| Current assets29/58 | €2.3m | €1.4m | €2.2m | €4.6m | €7.8m | ▲ 68.6% |
| Stocks and contracts in progress3 | €286,900 | €516,155 | €588,654 | €1.0m | €5.3m | ▲ 408% |
| Stocks30/36 | €286,900 | €516,155 | €588,654 | €1.0m | €5.3m | ▲ 408% |
| Amounts receivable within one year40/41 | €1.3m | €838,074 | €1.5m | €3.3m | €2.3m | ▼ 29.3% |
| Trade receivables40 | €306,713 | €249,805 | €167,493 | €1.2m | €1.3m | ▲ 5.0% |
| Other amounts receivable41 | €1.0m | €588,269 | €1.3m | €2.1m | €1.1m | ▼ 49.2% |
| Cash at bank and in hand54/58 | €652,584 | €69,723 | €68,899 | €269,136 | €141,099 | ▼ 47.6% |
| Deferred charges and accrued income490/1 | €3,742 | €9,525 | €68,554 | €17,441 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €1.4m | €2.2m | €4.6m | €7.8m | ▲ 68.6% |
| Equity10/15 | €1.1m | €1.1m | €1.1m | €2.1m | €3.0m | ▲ 47.5% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Reserves13 | €1.0m | €1.0m | €975,000 | €975,000 | €975,000 | = |
| Non-distributable reserves130/1 | €7,500 | €7,500 | - | - | - | - |
| Reserves not available under the articles1311 | €7,500 | €7,500 | - | - | - | - |
| Distributable reserves133 | €1.0m | €1.0m | €975,000 | €975,000 | €975,000 | = |
| Profit (loss) carried forward14 | €8,756 | €19,177 | €301 | €1.0m | €2.0m | ▲ 96.8% |
| Amounts payable17/49 | €1.2m | €331,799 | €1.1m | €2.5m | €4.7m | ▲ 85.8% |
| Amounts payable after more than one year17 | €275,000 | - | - | - | - | - |
| Financial debts170/4 | €275,000 | - | - | - | - | - |
| Amounts payable within one year42/48 | €903,587 | €331,799 | €1.1m | €2.5m | €4.7m | ▲ 85.6% |
| Financial debts43 | €810,000 | €110,000 | €110,000 | €200,000 | €200,000 | = |
| Credit institutions430/8 | €810,000 | €110,000 | €110,000 | €200,000 | €200,000 | = |
| Trade debts44 | €29,980 | €221,799 | €988,344 | €2.2m | €3.2m | ▲ 46.9% |
| Suppliers440/4 | €29,980 | €221,799 | €988,344 | €2.2m | €3.2m | ▲ 46.9% |
| Advances received on contracts in progress46 | - | - | €30,000 | - | - | - |
| Taxes, remuneration and social security45 | €63,607 | - | - | €152,000 | €297,806 | ▲ 95.9% |
| Taxes450/3 | €63,607 | - | - | €152,000 | €297,806 | ▲ 95.9% |
| Other amounts payable47/48 | - | - | - | - | €1.0m | - |
| Accrued charges and deferred income492/3 | €23,341 | - | - | - | €4,688 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €485,926 | €10,421 | -€51,376 | €1.0m | €979,900 | ▼ 3.2% |
| Operating cash flow (approximation) | €485,926 | €10,421 | -€51,376 | €1.0m | €979,900 | ▼ 3.2% |
| Change in cash | - | -€582,862 | -€823 | €200,236 | -€128,036 | ▼ 164% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Back to profitnet €1.0m
Net result €1.0m after one loss-making year.
31-12
Financial
Equity above €2mEq €2.1m ▲96.4%
Equity rises from €1.1m to €2.1m.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€51,376
Net result drops to -€51,376, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Equity above €1mEq €1.1m ▲80.3%
4 profitable years in a row build equity to €1.1m.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Equity above €500,000Eq €605,330 ▲105%
3 profitable years in a row build equity to €605,330.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 63 days late
Show earlier events
2019
31-12
Financial
Equity above €200,000Eq €295,667
2 profitable years in a row build equity to €295,667.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Genappe · 1 establishment unit since 2017
Ground area
2.4 ha
Building footprint
185 m²
Parcel 25106H0012/00V000, Wallonia. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
CAREA
since 20172.262.029.310
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25106H0012/00V000 | Wallonia | 2.4 ha | 1 · 185 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
- Sourceaccounts RMGA 202549%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 2,129 companies in sector 46711 we hold annual accounts for 1,130. 391 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0666999516
Also
9925:BE0666999516
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.