CARIMO
ActiveCARIMO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €865k and a net result of €-182k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 49% of 1845 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-15
Solvency64▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.89 in 2024; short-term debt: 54.1% and cash: 7.7% of total assets), and 60.7% of the assets are financed with debt.
Credit advice 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
69 d late
2022
42 d early
2021
41 d early
2020
24 d early
2019
39 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€865k▼ 17.4%
2024 · €1.05M
2018: €661k
2019: €715k
2020: €908k
2021: €1.04M
2022: €970k
2023: €1.03M
2024: €1.05M
2018 → 2025
Total assets
€2.20M▼ 8.1%
2024 · €2.39M
2018: €986k
2019: €1.15M
2020: €1.21M
2021: €1.32M
2022: €1.75M
2023: €2.52M
2024: €2.39M
2018 → 2025
Net result
€-182k
2024 · €13k
2018: €6k
2019: €63k
2020: €197k
2021: €133k
2022: €159k
2023: €63k
2024: €13k
2018 → 2025
Working capital
€-13k▲ 89.5%
2024 · €-122k
2018: €365k
2019: €463k
2020: €434k
2021: €468k
2022: €68k
2023: €-137k
2024: €-122k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.04M-€970k▼ 6.3%€1.03M▲ 6.5%€1.05M▲ 1.3%€865k▼ 17.4%
Operating result€159k-€181k▲ 14.2%€96k▼ 47.1%€83k▼ 13.6%€-118k
Net result€133k-€159k▲ 20.1%€63k▼ 60.2%€13k▼ 79.0%€-182k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €118k after €83k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.20M
Fixed assets
€1.02M▼ 27.4%
Current assets
€1.18M▲ 19.5%
Equity and liabilities €2.20M
Equity
€865k▼ 17.4%
Debt
€1.34M▼ 0.8%
The debt ratio rises from 56.3% to 60.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€357k▼
2024 · €544k
Cash flow
€293k▼
2024 · €474k
Solvency
39.3%▼
2024 · 43.7%
Current ratio
0.99▲
2024 · 0.89
Quick ratio
0.84▲
2024 · 0.81
Debt / equity
1.54▲
2024 · 1.29
ROE
-21.1%▼
2024 · 1.3%
ROA
-8.3%▼
2024 · 0.6%
Interest coverage
5.48▼
2024 · 7.72
Debt
€1.34M▼
2024 · €1.35M
Debt ≤ 1 year
€1.19M▲
2024 · €1.11M
Debt > 1 year
€69k▼
2024 · €144k
Income taxes
€0▲
2024 · €0
Staff costs
€1.27M▲
2024 · €1.19M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.39M€2.20M▼
Fixed assets21/28€1.41M€1.02M▼
Tangible fixed assets22/27€1.41M€1.02M▼
Plant, machinery and equipment23€19k€13k▼
Furniture and vehicles24€1.39M€1.01M▼
Financial fixed assets28€1k€3k▲
Current assets29/58€986k€1.18M▲
Stocks and contracts in progress3€88k€174k▲
Stocks30/36€88k€174k▲
Amounts receivable within one year40/41€888k€834k▼
Trade receivables40€814k€768k▼
Other amounts receivable41€74k€66k▼
Cash at bank and in hand54/58€10k€171k▲
Equity and liabilities
Total equity and liabilities10/49€2.39M€2.20M▼
Equity10/15€1.05M€865k▼
Contributions10/11€19k€19k=
Reserves13€1.05M€1.05M=
Tax-exempt reserves132€520k€520k=
Distributable reserves133€531k€531k=
Profit (loss) carried forward14€-22k€-205k▼
Amounts payable17/49€1.35M€1.34M▼
Amounts payable after more than one year17€144k€69k▼
Financial debts170/4€144k€69k▼
Amounts payable within one year42/48€1.11M€1.19M▲
Current portion of amounts payable after more than one year42€75k€75k=
Trade debts44€111k€142k▲
Suppliers440/4€111k€142k▲
Advances received on contracts in progress46-€500
Taxes, remuneration and social security45€154k€144k▼
Taxes450/3€45k€39k▼
Remuneration and social security454/9€109k€105k▼
Other amounts payable47/48€768k€830k▲
Accrued charges and deferred income492/3€95k€75k▼
Income statement
Code20242025
Non-recurring operating income76A€36k€0▼
Remuneration, social security and pensions62€1.19M€1.27M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€461k€475k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€0▼
Other operating charges640/8€9k€9k▼
Gross operating margin9900€1.75M€1.63M▼
Operating profit (loss)9901€83k€-118k▼
Financial income75/76B€763€724▼
Recurring financial income75€763€724▼
Financial charges65/66B€70k€65k▼
Recurring financial charges65€70k€65k▼
Profit (loss) for the period before taxes9903€13k€-182k▼
Income taxes67/77€0€0▲
Profit (loss) for the period9904€13k€-182k▼
Transfer to tax-exempt reserves689€36k€0▼
Profit (loss) for the period to be appropriated9905€-22k€-182k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-205k▼
Profit (loss) brought forward from the previous period14P-€-22k
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)908716.216.8▲
The notes to these accounts (19 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-182k ▼1470%
Net result drops to €-182k, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 69 days late
2023
31-12
Financial
Equity above €1MEq €1.03M ▲6.5%
6 profitable years in a row build equity to €1.03M.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.04M ▲14.1%
4 profitable years in a row build equity to €1.04M.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €197k ▲211%
Operating result €226k, net result €197k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Middelkerke · 1 establishment unit since 1999
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.
Torhoutsesteenweg 18432 MiddelkerkeGround area
1.2 ha
Building footprint
167 m²
Volume, LiDAR
953 m³
Parcel 35008B0957/00M000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Torhoutsesteenweg 1, 8432 Middelkerke
since 19992.092.207.252
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35008B0957/00M000 | Flanders | 1.2 ha | 1 · 167 m² | 9.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 19,034 EUR awarded · 19,034 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 105 EUR | 105 EUR |
| 2024 | 1 | 405 EUR | 405 EUR |
| 2023 | 2 | 17,078 EUR | 17,474 EUR |
| 2022 | 1 | 1,446 EUR | 1,050 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteMiddelkerke2.092.207.252
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ALGEMEEN PERSVERVOER VIOLETTA
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 4,363 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-1999
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
46610Wholesale trade
46620Wholesale of machine tools
46630Wholesale trade
46644Wholesale trade
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.