Active BE 0760.544.138Private limited company

CAREYE

Dehemlaan 16A ·8900 Ieper, Belgium· 5 yrs active

Sector: Vervaardiging van stortklare beton (23630)

Conclusion Checked

The computed 12-month bankruptcy probability of CAREYE is 1.0% (low). The 2025 annual accounts show negative equity (€-650k) and a net result of €1.17M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 51 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-650k
Net result	€1.17M
Staff (FTE)	29.3
Better than sector	10%

Snowflake analysis 5 of 5 axes measured · computed by Checked

51 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 38

Profitability 27

Solvency 45

Growth 53

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

1.0% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

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.

Health barometer FY 2025 · computed

38 / 100 Weak

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 06-03-2026 with the NBB · fiscal year 2025 · volledig

RevenueOperating resultNet result

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 ~69% 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 2025 · NACE 23 · compared across all schema types (micro, abbreviated and full combined)

Metric	This company	Sector median	Position in the sector
Solvency	-7.1%	44.3%	better than 10% of 51 sector peers
Net result	€1.17M	€24k	better than 95% of 51 sector peers
Equity	€-650k	€71k	better than 5% of 51 sector peers
Total assets	€9.19M	€361k	better than 95% of 51 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€30.95M

+3.6% 21-25

EBITDA

€2.24M

+50.9% 21-25

Net profit

€1.17M

+294.4% 21-25

Cash flow

€1.93M

+68.6% 21-25

Total assets

€9.19M

+1.7% 21-25

Equity

€-650k

+64.3% 21-25

Working capital

€68k

- 21-25

Employees (FTE)

29

-12.5% 21-25

Staff costs

€2.09M

-13.1% 21-25

Income taxes

€49k

+289.3% 21-25

Debt

€9.84M

-9.4% 21-25

Debt ≤ 1y

€7.07M

-24.7% 21-25

Debt > 1y

€2.55M

+79.5% 21-25

Current ratio

1.01

+44.8% 21-25

Quick ratio

0.82

+41.3% 21-25

Solvency

-7.1%

+64.9% 21-25

Debt / equity

-15.14

-153.8% 21-25

ROE

-180.1%

-1004.8% 21-25

ROA

12.7%

+287.9% 21-25

Net margin

3.8%

+280.7% 21-25

EBITDA margin

7.2%

+45.7% 21-25

Interest coverage

12.91

+115.5% 21-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	volledig
Revenue	€30.95M
EBITDA	€2.24M
Net profit	€1.17M
Cash flow	€1.93M
Staff costs	€2.09M
Income taxes	€49k
Dividends	-
Total assets	€9.19M
Equity	€-650k
Debt	€9.84M
of which ≤ 1y	€7.07M
of which > 1y	€2.55M
Working capital	€68k
Employees (FTE)	29.3

Ratios (computed)

	2025
Current ratio	1.01
Quick ratio	0.82
Working capital ratio	0.7%
Solvency	-7.1%
Debt / equity	-15.14
Long-term debt ratio	-3.92
Interest coverage	12.91
Gross margin	26.4%
Net margin	3.8%
ROA	12.7%
ROE	-180.1%
EBITDA margin	7.2%
Days sales outstanding	46d
Days payable outstanding	63d
Inventory turnover	17.31
Days inventory (DSI)	21d

Balance-sheet composition 2025

Assets

Fixed assets €2.05M · 22.3% Current assets €7.14M · 77.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€9.19M
Fixed assets	21/28	€2.05M
Intangible fixed assets	21	€89k
Tangible fixed assets	22/27	€1.86M
Financial fixed assets	28	€101k
Current assets	29/58	€7.14M
Stocks & contracts in progress	3	€1.32M
Amounts receivable within one year	40/41	€4.23M
Cash & bank	54/58	€240k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€9.19M
Equity	10/15	€-650k
Contributions / capital	10/11	€13k
Reserves	13	€27k
Accumulated profits (losses)	14	€-691k
Amounts payable	17/49	€9.84M
Amounts payable after one year	17	€2.55M
Amounts payable within one year	42/48	€7.07M
Trade debts payable within one year	44	€3.91M
Income statement
Turnover	70	€30.95M
Operating result	9901	€1.48M
Financial income	75	€52k
Financial charges	65	€308k
Result before taxes	9903	€1.22M
Income taxes	67/77	€49k
Net result for the period	9904	€1.17M
Result to be appropriated	9905	€1.17M

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Vervaardiging van stortklare beton(23630)
Legal form	Private limited company(610)
Incorporation	24-12-2020
Status	Active
Postal code	8900

Establishment units 1 location

BETONWERKEN CAREYE

Dehemlaan 16A, 8900 IeperVervaardiging van stortklare beton

since 20202.311.796.842

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels 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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
33306B0369/00K000	Flanders	5,396 m²	1 · 214 m²	8.0 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

06-03-2026