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CARGO

Active
Private limited companyfounded 1997active for 29 yearsLange Schipperskapelstraat 11, 2000 Antwerpen, BelgiumKBO/BCE: BE 0461.348.331
Summary

CARGO has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €230,490 and a net result of €136,332. Equity is growing by about 32% per year across the filed financial years. Its solvency ranks better than 44% of 18,734 sector peers (NACE 56, financial year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Nightclubs
NACE 56302
1 site
Size
€1.0mtotal assets 2024
Staff
7 FTE
Equity
€230,490
Profit
€136,332
Turnover not published (micro format)
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts 73 days overdue0 of 2 deeds read
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 02-09-2025)Sector: Food and beverage service activities (NACE 56)lowers riskFounded in 1997Liquidity: current ratio 4.41, cash €581,208Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 76% of its sector peers (NACE 56, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 47+12
equity 22.4% of total assets
Liquidity 94+3
short-term debt 19.5% · cash 56.6%
Profitability 85-12
return on assets 13.3%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,718 companies, NACE 56, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.4%▼ -0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%▼ -0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025 09-2025: 0.8%▲ +0.2 percentage points vs 08-2025 10-2025: 0.3%▼ -0.5 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026lowest value 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €13,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 4.41, compared with 3.57 in 2023; short-term debt: 19.5% and cash: 56.6% of total assets), but 77.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 44% on solvency, 94% on liquidity, 73% on profitability and 92% on growth.

The bankruptcy probability was computed on 11-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 02-09-2025)
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 4.41, cash €581,208
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
29 days late
2023
27 days late
2022
205 days late
2021
75 days late
2020
61 days late
2019
97 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 82 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Equity above €200,000equity €230,490 ▲145%
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Equity rose in 2024from €94,158 to €230,490 ▲ 145% View
  • Positive: Among the best 5% on net resultsector median €5,427 · 18,719 companies €136,332 View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View

By topic

Financials

Financial year
2024
Total assets
€1.0m
Profit
€136,332
Solvency
22.4%
Total assets▲ 13.2%
Net result
20182024
Go to Financials

Timeline

Events
32
Since
1999
  1. 21-02-2024Annual accounts filed
  2. 31-12-2022Highest result from 2018 to 2024
  3. 14-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
NightclubsNACE 56302
Founded
28-08-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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