CARGO IMMO
ActiveSummary
CARGO IMMO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.60M and a net result of €120k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-1
Solvency97▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 3.53 against 2.87 in 2024; short-term debt: 6.6% and cash: 0.7% of total assets), and 27.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
72.4%
Return on assets
3.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
28 d late
2024
60 d late
2023
24 d late
2022
30 d late
2021
24 d late
2020
16 d late
2019
27 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€120k▼ 26.7%
2024 · €164k
2020: €2k
2021: €66k
2022: €59k
2023: €93k
2024: €164k
2020 → 2025
Working capital
€603k▲ 37.2%
2024 · €439k
2020: €-23k
2021: €-48k
2022: €83k
2023: €46k
2024: €439k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.22M-€2.27M▲ 2.2%€2.17M▼ 4.4%€2.50M▲ 15.2%€2.60M▲ 4.1%
Operating result€69k-€81k▲ 17.2%€124k▲ 53.0%€157k▲ 27.0%€142k▼ 9.6%
Net result€66k-€59k▼ 9.9%€93k▲ 58.1%€164k▲ 75.8%€120k▼ 26.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.59M
Fixed assets
€2.75M ▼ 8.6%
Current assets
€841k ▲ 24.8%
Equity and liabilities €3.59M
Equity
€2.60M ▲ 4.1%
Debt
€992k ▼ 16.5%
Debt's share of the balance-sheet total falls from 32.3% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€406k▼
2024 · €422k
Cash flow
€384k▼
2024 · €429k
Current ratio
3.53▲
2024 · 2.87
Debt to equity
0.38▼
2024 · 0.48
ROE
4.6%▼
2024 · 6.6%
ROA
3.3%▼
2024 · 4.5%
Interest coverage
58.67▲
2024 · 51.12
Debt ≤ 1 year
€238k▲
2024 · €235k
Debt > 1 year
€754k▼
2024 · €954k
Income taxes
€34k▼
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.69M€3.59M▼
Fixed assets21/28€3.01M€2.75M▼
Tangible fixed assets22/27€3.01M€2.74M▼
Land and buildings22€3.00M€2.74M▼
Plant, machinery and equipment23€4k€3k▼
Financial fixed assets28€6k€6k=
Current assets29/58€674k€841k▲
Amounts receivable within one year40/41€222k€114k▼
Other amounts receivable41€222k€114k▼
Current investments50/53€350k€700k▲
Cash at bank and in hand54/58€102k€27k▼
Deferred charges and accrued income490/1-€523
Equity and liabilities
Total equity and liabilities10/49€3.69M€3.59M▼
Equity10/15€2.50M€2.60M▲
Contributions10/11€55k€55k=
Reserves13€2.25M€2.37M▲
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Tax-exempt reserves132-€51k
Distributable reserves133€2.24M€2.31M▲
Profit (loss) carried forward14€934€750▼
Investment grants15€192k€175k▼
Amounts payable17/49€1.19M€992k▼
Amounts payable after more than one year17€954k€754k▼
Financial debts170/4€954k€754k▼
Amounts payable within one year42/48€235k€238k▲
Current portion of amounts payable after more than one year42€200k€200k=
Trade debts44€205€125▼
Suppliers440/4€205€125▼
Taxes, remuneration and social security45€35k€26k▼
Taxes450/3€35k€26k▼
Other amounts payable47/48-€12k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€264k€264k▼
Other operating charges640/8€42k€44k▲
Gross operating margin9900€464k€450k▼
Operating profit (loss)9901€157k€142k▼
Financial income75/76B€55k€19k▼
Recurring financial income75€55k€19k▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€204k€154k▼
Income taxes67/77€40k€34k▼
Profit (loss) for the period9904€164k€120k▼
Transfer from tax-exempt reserves789€27k-
Transfer to tax-exempt reserves689-€51k
Profit (loss) for the period to be appropriated9905€192k€70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€192k€71k▼
Profit (loss) brought forward from the previous period14P€312€934▲
Transfer to equity691/2€191k€70k▼
To other reserves6921€191k€70k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
31-12
Financial
Highest result since 2020net €164k ▲75.8%
Operating result €157k, net result €164k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.87
Current ratio from 1.12 to 2.87; short-term debt falls from €396k to €235k.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Villers-le-Bouillet · 1 establishment unit since 2019
Ground area
1.6 ha
Building footprint
4,982 m²
Volume, LiDAR
35,672 m³
Parcel 61068A0533/00P000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
CARGO IMMO srl
since 20192.294.184.216
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61068A0533/00P000 | Wallonia | 1.6 ha | 1 · 4,982 m² | 8.6 m · 2 fl. |
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.
Similar companies · same sector, comparable size
MAERTENS FILIP
BE 0464.268.526
Roeselare · Eq €2,604,880
EUROLOGISTIK 1 FREEHOLD
BE 0890.255.805
Meise · Eq €2,606,142
IMMO TRIANGLE INTERNATIONAL
BE 0459.668.647
Vorst · Eq €2,592,838
FILCHRIS
BE 0437.992.711
Nieuwerkerken (Limb.) · Eq €2,609,176
RR Real Estate
BE 0667.918.442
Antwerpen · Eq €2,588,462
Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 3,368 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
Founded23-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.