CARGEN GROUP
ActiveSummary
CARGEN GROUP has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.25M and a net result of €249k. Its solvency ranks better than 55% of 31 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability53
Solvency69
Growth-
Track record67
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days only on tighter terms
Liquidity ample (current ratio 2.01; short-term debt: 13.8% and cash: 4.7% of total assets), but 55.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
44.1%
Return on assets
2.1%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€5.25M
Total assets
€11.90M
Net result
€249k
Working capital
€1.66M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €11.90M
Fixed assets
€8.60M
Current assets
€3.30M
Equity and liabilities €11.90M
Equity
€5.25M
Debt
€6.65M
Debt finances 55.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€872k
Cash flow
€582k
Current ratio
2.01
Quick ratio
1.05
Debt to equity
1.27
ROE
4.7%
ROA
2.1%
Interest coverage
3.74
Debt ≤ 1 year
€1.64M
Debt > 1 year
€5.00M
Income taxes
€86k
Staff costs
€54k
Filed annual accounts As filed with the NBB · 2025 · 53 lines
Balance sheet
Code2025
Assets
Total assets20/58€11.90M
Fixed assets21/28€8.60M
Intangible fixed assets21€962k
Tangible fixed assets22/27€7.63M
Plant, machinery and equipment23€4.54M
Furniture and vehicles24€17k
Assets under construction and advance payments27€3.08M
Current assets29/58€3.30M
Stocks and contracts in progress3€1.58M
Stocks30/36€1.58M
Amounts receivable within one year40/41€1.16M
Trade receivables40€1.16M
Other amounts receivable41€125
Cash at bank and in hand54/58€556k
Deferred charges and accrued income490/1€7k
Equity and liabilities
Total equity and liabilities10/49€11.90M
Equity10/15€5.25M
Contributions10/11€5.00M
Reserves13€249k
Non-distributable reserves130/1€12k
Reserves not available under the articles1311€12k
Distributable reserves133€237k
Amounts payable17/49€6.65M
Amounts payable after more than one year17€5.00M
Financial debts170/4€5.00M
Amounts payable within one year42/48€1.64M
Current portion of amounts payable after more than one year42€42k
Financial debts43€500k
Credit institutions430/8€500k
Trade debts44€1.05M
Suppliers440/4€1.05M
Taxes, remuneration and social security45€54k
Taxes450/3€45k
Remuneration and social security454/9€9k
Accrued charges and deferred income492/3€7k
Income statement
Code2025
Remuneration, social security and pensions62€54k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€333k
Other operating charges640/8€114k
Gross operating margin9900€1.04M
Operating profit (loss)9901€539k
Financial income75/76B€29k
Recurring financial income75€29k
Financial charges65/66B€233k
Recurring financial charges65€233k
Profit (loss) for the period before taxes9903€335k
Income taxes67/77€86k
Profit (loss) for the period9904€249k
Profit (loss) for the period to be appropriated9905€249k
Appropriation of the result
Profit (loss) to be appropriated9906€249k
Transfer to equity691/2€249k
To the legal reserve6920€12k
To other reserves6921€237k
Social balance
Average headcount (FTE)90870.9
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2024
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.
Scheldedijk 302070 Beveren-Kruibeke-ZwijndrechtGround area
2,270 m²
Parcel 11056G0019/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
CARGEN GROUP BV
since 20242.355.736.852
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056G0019/00L000 | Flanders | 2,270 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
69940030KMIDAZIIZS24
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STERHOEK
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Of 22 companies in sector 08990 we hold annual accounts for 13. 6 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
Founded30-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
08990Other mining and quarrying
77399Renting and leasing of other machinery, equipment and tangible goods
28990Manufacture of machinery and equipment not elsewhere classified
38210Materials recovery from waste
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.