Summary
Conclusion
the dossier summarised in one paragraphCAREVOLUTION is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €9.51M and a net result of €1.45M. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 678 sector peers (fiscal year 2024). 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 7 annual accounts.
Signals
2 signals · with evidenceStrong solvency vs sector
Solvency is in the sector's strongest quartile: better than 92% of 678 peers (2024). A comfortable equity buffer.
View the sector comparison Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 11 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 8 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 01-07-2025 | 30 d early | 2025-00219804 |
| 31-12-2023 | 31-07-2024 | 09-07-2024 | 22 d early | 2024-00235837 |
| 31-12-2022 | 31-07-2023 | 06-07-2023 | 25 d early | 2023-00216128 |
| 31-12-2021 | 31-07-2022 | 29-06-2022 | 32 d early | 2022-20140244 |
| 31-12-2020 | 31-07-2021 | 30-06-2021 | 31 d early | 2021-29200483 |
| 31-12-2019 | 31-07-2020 | 22-07-2020 | 9 d early | 2020-32800355 |
| 31-12-2018 | 31-07-2019 | 28-06-2019 | 33 d early | 2019-25600005 |
| 31-12-2017 | 31-07-2018 | 29-06-2018 | 32 d early | 2018-29500155 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2016, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneThis is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
Financials
Equity€9.51M+25.8%
Net result€1.45M
Total assets€9.70M+27.0%
Solvency98.1%-0.9pp
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 01-07-2025 with the NBB · fiscal year 2024 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~41% of the level (threshold 35%). We therefore deliberately show no projection line.
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 2024 · NACE 64, Financial services · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 98.1% | 44.9% | |
| Net result | €1.45M | €48k | |
| Equity | €9.51M | €1.36M | |
| Gross operating margin | €-360k | €42k | |
| Staff costs | €169k | €197k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P92
Improving position over 2020-2024
· n=129-678
P85
Stable position over 2020-2024
· n=129-677
P70
Stable position over 2020-2024
· n=129-678
P5
Stable position over 2020-2024
· n=46-370
Describes the position versus peers, not a forecast.
€1.45M
-
18-24
€9.70M
+27.0%
18-24
€9.51M
+25.8%
18-24
1
0.0%
18-24
€169k
+4.0%
18-24
€17k
+7694.6%
18-24
€187k
+144.9%
18-24
€187k
+174.6%
18-24
98.1%
-0.9%
18-24
15.2%
-
18-24
14.9%
-
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €1.45M |
| Cash flow | n/a |
| Staff costs | €169k |
| Income taxes | €17k |
| Dividends | - |
| Total assets | €9.70M |
| Equity | €9.51M |
| Debt | €187k |
| of which ≤ 1y | €187k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | 1.0 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 98.1% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 14.9% |
| ROE | 15.2% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €9.70M |
| Fixed assets | 21/28 | €2.50M |
| Financial fixed assets | 28 | €2.50M |
| Current assets | 29/58 | €7.20M |
| Amounts receivable within one year | 40/41 | €44k |
| Investments | 50/53 | €7.10M |
| Cash & bank | 54/58 | €51k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €9.70M |
| Equity | 10/15 | €9.51M |
| Contributions / capital | 10/11 | €22.00M |
| Accumulated profits (losses) | 14 | €-12.49M |
| Amounts payable | 17/49 | €187k |
| Amounts payable within one year | 42/48 | €187k |
| Trade debts payable within one year | 44 | €158k |
| Income statement | ||
| Gross operating margin | 9900 | €-360k |
| Operating result | 9901 | €-656k |
| Financial income | 75 | €176k |
| Financial charges | 65 | €-282k |
| Result before taxes | 9903 | €1.46M |
| Income taxes | 67/77 | €17k |
| Net result for the period | 9904 | €1.45M |
| Result to be appropriated | 9905 | €1.45M |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computedModel not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Directors
Directors & mandates
14 directorsCurrent directors & mandates
-
Current25-06-2025 → present
-
Current08-02-2022 → present
-
Current07-05-2021 → present
-
Current07-05-2021 → present
2 events
- 07-05-2021 Appointed· Director
- 29-03-2018 Resigned· Director
-
Current15-04-2021 → present
2 events
- 15-04-2021 Appointed· Director
- 29-03-2018 Resigned· Director
-
Current15-04-2021 → present
Historic, not recently confirmed (3)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2018
-
Not recently confirmedlast confirmed in an act from 2018
-
Not recently confirmedlast confirmed in an act from 2018
Former directors (5)
-
Former01-09-2023 → 25-06-2025
2 events
- 25-06-2025 Resigned· Director
- 01-09-2023 Appointed· Director
-
Former17-02-2020 → 31-12-2020
2 events
- 31-12-2020 Resigned· Director
- 17-02-2020 Appointed· Director
-
Former- → 13-08-2020
-
Former- → 13-08-2020
-
Former- → 13-08-2020
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
2 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| EY (Ernst & Young SCRL)Current Statutory auditor · represented by Marie-Laure Moreau |
- | 01-09-2023 → present |
| EY Réviseurs d'Entreprises SRL Statutory auditor · represented by Marie-Laure Moreau succeeded by EY (Ernst & Young SCRL) in 2023 |
- | 15-04-2021 → 01-09-2023 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 08-06-2016 |
| Status | Active |
| Postal code | 1082 |
Structure & network
Connections & network
28 connected companiesGroup structure
Subsidiary · 1 location
→
Subsidiary · 1 location
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Subsidiary · 1 subsidiary · 1 location
→
Linked via shared directors
viaAlex Parisel · Director
→
viaAlex Parisel · Director
→
viaAlex Parisel · Director
→
viaAlex Parisel · Director
former→
viaAlex Parisel · Director
former→
viaAlex Parisel · Director
former→
viaAlex Parisel · Director
former→
viaAlex Parisel · Director
former→
viaAlex Parisel · Member of the board of directors
former→
viaAlex Parisel · Director
former→
viaAlex Parisel · Permanent representative
former→
Network connections
Shared director
→
Shared director
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Shared director
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Shared director
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Shared director
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Shared director
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Shared director
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Shared director
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Shared director
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Shared director
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Shared director
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Shared director
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Shared director
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Shared director
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Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
3 partiesCAREVOLUTIONBE 0656.498.077
controls
Where this company holds controlthis company sits on their board3
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Gentsesteenweg 14341082 Sint-Agatha-BerchemEstablishment units
2 locationsGentsesteenweg 1434, 1082 Sint-Agatha-Berchem
since 20162.253.954.752
Carevolution SA
since 20182.280.280.453
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2.6 ha
Buildings2
Building footprint8,104 m²
Volume (LiDAR)137,160 m³
Tallest building32.2 m · ±9 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0289/00P011 | Brussels | 1.6 ha | 1 · 6,575 m² | 28.2 m · 5 fl. |
| 21524C0199/00C000 | Brussels | 9,339 m² | 1 · 1,528 m² | 32.2 m · 9 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
13 acts Capital history · 1
04-02-2026
v3.2
All acts · 13
updated 6 months ago
2026
04-02-2026 Transaction in capital or shares
Summary:
v3.2
2025
14-08-2025 1 director appointed, 1 resigning
2023
01-09-2023 1 director appointed, 1 reappointed
2022
16-08-2022 Sofie Jacques appointed as director
17-03-2022 1 director appointed, 1 resigning
2021
07-05-2021 2 directors appointed, 1 resigning, 1 reappointed
- BROECKX Jan, Bestuurder
- LAUWERS Stefaan, Bestuurder
- VAEL Marianna, Bestuurder
- WILLEMYNS Lucas, Bestuurder
Summary:
v3.2
15-04-2021 2 directors appointed, 3 resigning, 1 reappointed
- Alex Parisel, Bestuurder
- Annick De Muynck, Bestuurder
- Baron Jean-Pierre de Jablinne de Meux, Bestuurder
- Joseph Dumortier, Bestuurder
- Bauduin Lemaire, Bestuurder
- Marie-Laure Moreau, Commissaris
Summary:
v3.2
2020
14-05-2020 Articles of association amended
Summary:
v3.2
17-02-2020 Marianna VAEL appointed as director
2018
04-06-2018 4 directors appointed, 2 resigning
- Baudouin Lemaire, Bestuurder
- Jean Wallemacq, Bestuurder
- Jean-Pierre de Jamblinne de Meux, Bestuurder
- Luc Willemyns, Bestuurder
- Alex Parisel, Bestuurder
- Stefaan Lauwers, Bestuurder
Summary:
v3.2
19-03-2018 EY (EY Réviseurs d'Entreprises, soc. civ. SCRL) appointed as statutory auditor
2017
16-05-2017 Change in the board of directors
Summary:
v3.2
2016
10-06-2016 Incorporation of a new SNC
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes88
/ 100
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
Health
-
Profitability
76
Solvency
100
Growth
78
Stability
100
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verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Holdings64200Activiteiten van holdings64210Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameFR | CAREVOLUTION |
Registered office
Gentsesteenweg 1434
1082 Sint-Agatha-Berchem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.