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CARGROUP

Inactive
KBO/BCE: BE 0891.996.558

CARGROUP was declared bankrupt on 06-06-2023 (Tribunal de l’entreprise du Hainaut, division Tournai); the bankruptcy was closed for insufficient assets by judgment of 23-12-2025, published in the Belgian State Gazette on 03-06-2026.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d late
2019
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 5 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets went from EUR 19,162 in 2018 to EUR 1,001 in 2020.1 CARGROUP was declared bankrupt on 6 June 2023; the bankruptcy was closed on 23 December 2025.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian State Gazette, 12-06-2023
  3. 3Belgian State Gazette, 03-06-2026

Financials · fiscal year 2020, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€18,912▼ 61.1%
2019 · -€11,739
Working capital
-€42,740▼ 69.8%
2019 · -€25,168
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result-€25,912--€11,182▲ 56.8%-€18,779▼ 67.9%
Net result-€26,061--€11,739▲ 55.0%-€18,912▼ 61.1%
Equity-€11,696--€23,435▼ 100%-€42,347▼ 80.7%
Total assets€19,162-€3,074▼ 84.0%€1,001▼ 67.4%
Debt€30,858-€26,508▼ 14.1%€43,348▲ 63.5%
Working capital-€14,769--€25,168▼ 70.4%-€42,740▼ 69.8%
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2018: -€25,912-€25,912Net result 2018: -€26,061-€26,061Operating result 2019: -€11,182-€11,182Net result 2019: -€11,739-€11,739Operating result 2020: -€18,779-€18,779Net result 2020: -€18,912-€18,912201820192020-€30,000-€20,000-€10,000€0Operating result 2018: -€25,912-€25,900Net result 2018: -€26,061-€26,100Operating result 2019: -€11,182-€11,200Net result 2019: -€11,739-€11,700Operating result 2020: -€18,779-€18,800Net result 2020: -€18,912-€18,900201820192020
The operating result stays negative: a loss of €18,779 in 2020 against €11,182 in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1,001
Fixed assets €393 ▼ 77.3%
Current assets €608 ▼ 54.6%
Key figures and ratios
2020 value · change against 2019
EBITDA
-€17,439▼
2019 · -€9,842
Cash flow
-€17,572▼
2019 · -€10,399
Debt ≤ 1 year
€43,348▲
2019 · €26,508
Ratios withheld: a balance sheet total of €1,001 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 23 lines
Balance sheet Code20192020
Assets
Total assets20/58€3,074€1,001▼
Fixed assets21/28€1,733€393▼
Tangible fixed assets22/27€1,610€270▼
Financial fixed assets28€123€123=
Current assets29/58€1,341€608▼
Amounts receivable within one year40/41€407€64▼
Cash at bank and in hand54/58€757€370▼
Equity and liabilities
Total equity and liabilities10/49€3,074€1,001▼
Equity10/15-€23,435-€42,347▼
Contributions10/11€30,000-
Reserves13€3,000€3,000=
Profit (loss) carried forward14-€56,435-€75,347▼
Amounts payable17/49€26,508€43,348▲
Amounts payable within one year42/48€26,508€43,348▲
Trade debts44€49€713▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,340€1,340=
Gross operating margin9900-€8,300-€16,808▼
Operating profit (loss)9901-€11,182-€18,779▼
Recurring financial income75€23€7▼
Recurring financial charges65€579€140▼
Profit (loss) for the period before taxes9903-€11,739-€18,912▼
Profit (loss) for the period9904-€11,739-€18,912▼
Profit (loss) for the period to be appropriated9905-€11,739-€18,912▼
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,013€1,340€1,340=
Gross operating margin9900-€13,498-€8,300-€16,808▼ 103%
Operating profit (loss)9901-€25,912-€11,182-€18,779▼ 67.9%
Recurring financial income75€77€23€7▼ 67.2%
Recurring financial charges65€226€579€140▼ 75.8%
Profit (loss) for the period before taxes9903-€26,061-€11,739-€18,912▼ 61.1%
Profit (loss) for the period9904-€26,061-€11,739-€18,912▼ 61.1%
Profit (loss) for the period to be appropriated9905-€26,061-€11,739-€18,912▼ 61.1%
Line201820192020Change
Assets
Total assets20/58€19,162€3,074€1,001▼ 67.4%
Fixed assets21/28€3,073€1,733€393▼ 77.3%
Tangible fixed assets22/27€2,950€1,610€270▼ 83.2%
Financial fixed assets28€123€123€123=
Current assets29/58€16,089€1,341€608▼ 54.6%
Stocks and contracts in progress3€10,285---
Amounts receivable within one year40/41€204€407€64▼ 84.4%
Cash at bank and in hand54/58€5,600€757€370▼ 51.2%
Equity and liabilities
Total equity and liabilities10/49€19,162€3,074€1,001▼ 67.4%
Equity10/15-€11,696-€23,435-€42,347▼ 80.7%
Contributions10/11€30,000€30,000--
Reserves13€3,000€3,000€3,000=
Profit (loss) carried forward14-€44,696-€56,435-€75,347▼ 33.5%
Amounts payable17/49€30,858€26,508€43,348▲ 63.5%
Amounts payable within one year42/48€30,858€26,508€43,348▲ 63.5%
Trade debts44€1,535€49€713▲ 1,364%
Line201820192020Change
Profit (loss) for the period9904-€26,061-€11,739-€18,912▼ 61.1%
+ Depreciation and write-downs630€3,013€1,340€1,340=
Operating cash flow (approximation)-€23,049-€10,399-€17,572▼ 69.0%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€4,843-€388▲ 92.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
03-06
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Tournai · event 23-12-2025
2023
12-06
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Tournai · event 06-06-2023
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
22-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
24-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 55 days late
2018
04-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 35 days late
01-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 213 days late
2016
27-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
20-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 20 days late
2014
07-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 7 days late
2013
12-09
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 43 days late
2012
03-10
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 64 days late
SignalNBB filing
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator PAULINE DUDKIEWICZ
RUE DE LA TERRE A BRIQUES 29, 7522 03 MARQUAIN- . Date provisoire de cessation de paiement : 06/06/2023
06-06-2023 → 23-12-2025