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CARISA

Active
Private limited companyfounded 198937 yrs activeBuizerdlaan 30, 2970 Schilde, BelgiumKBO/BCE: BE 0436.675.984
Summary

CARISA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238,606 and a net result of €30,913. Equity is growing by ~3.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability49▲+21
Solvency47▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 0.34 in 2024; short-term debt: 32.6% and cash: 0.1% of total assets), but 78.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
21.7%
Return on assets
2.8%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
30 d late
2022
12 d late
2021
17 d late
2020
61 d late
2019
60 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 26 days after 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 (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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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

On 2 February 1989, CARISA was incorporated.1 Total assets went from EUR 651,244 in 2018 to EUR 1.1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€238,606▲ 14.9%
2024 · €207,693
Total assets
€1.1m▲ 97.0%
2024 · €557,880
Net result
€30,913
2024 · -€6,239
Working capital
€504,701
2024 · -€33,656
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
Line20212022202320242025
Operating result€10,878▼ 12.0%€41,730▲ 284%€3,888▼ 90.7%€1,614▼ 58.5%€79,608▲ 4,833%
Net result€1,740▼ 36.5%€31,261▲ 1,697%-€2,739-€6,239▼ 128%€30,913
Equity€185,410▲ 0.9%€216,671▲ 16.9%€213,932▼ 1.3%€207,693▼ 2.9%€238,606▲ 14.9%
Total assets€595,701▼ 3.2%€610,025▲ 2.4%€585,736▼ 4.0%€557,880▼ 4.8%€1.1m▲ 97.0%
Debt€410,291▼ 5.0%€393,354▼ 4.1%€371,804▼ 5.5%€350,187▼ 5.8%€840,272▲ 140%
Working capital-€11,728▼ 146%-€27,255▼ 132%-€33,503▼ 22.9%-€33,656▼ 0.5%€504,701
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2021: €10,878€10,878Net result 2021: €1,740€1,740Operating result 2022: €41,730€41,730Net result 2022: €31,261€31,261Operating result 2023: €3,888€3,888Net result 2023: -€2,739-€2,739Operating result 2024: €1,614€1,614Net result 2024: -€6,239-€6,239Operating result 2025: €79,608€79,608Net result 2025: €30,913€30,91320212022202320242025-€25,000€0€25,000€50,000€75,000Operating result 2023: €3,888€3,890Net result 2023: -€2,739-€2,740Operating result 2024: €1,614€1,610Net result 2024: -€6,239-€6,240Operating result 2025: €79,608€79,600Net result 2025: €30,913€30,900202320242025
The operating result recovers in 2025; 2025 is 4,833% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €235,740 ▼ 56.4%
Current assets €863,188 ▲ 4,893%
Equity and liabilities €1.1m
Equity €238,606 ▲ 14.9%
Provisions €20,050
Debt €840,272 ▲ 140%
Debt's share of the balance-sheet total rises from 62.8% to 76.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€90,575▲
2024 · €12,581
Cash flow
€41,880▲
2024 · €4,728
Current ratio
2.41▲
2024 · 0.34
Quick ratio
0.04▼
2024 · 0.14
Debt to equity
3.52▲
2024 · 1.69
ROE
13.0%▲
2024 · -3.0%
ROA
2.8%▲
2024 · -1.1%
Interest coverage
3.16▲
2024 · 1.27
Debt ≤ 1 year
€358,488▲
2024 · €50,942
Debt > 1 year
€480,076▲
2024 · €297,672
Income taxes
€0▼
2024 · €21
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,653 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
0.9% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,653 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€557,880€1.1m▲
Fixed assets21/28€540,594€235,740▼
Tangible fixed assets22/27€360,957€235,740▼
Land and buildings22€360,957€235,740▼
Financial fixed assets28€179,636€0▼
Current assets29/58€17,287€863,188▲
Stocks and contracts in progress3€10,244€850,378▲
Contracts in progress37€10,244€850,378▲
Amounts receivable within one year40/41-€11,500
Other amounts receivable41-€11,500
Current investments50/53€0-
Cash at bank and in hand54/58€4,780€1,103▼
Deferred charges and accrued income490/1€2,263€207▼
Equity and liabilities
Total equity and liabilities10/49€557,880€1.1m▲
Equity10/15€207,693€238,606▲
Contributions10/11€18,592€18,592=
Reserves13€189,101€249,251▲
Tax-exempt reserves132-€60,150
Distributable reserves133€189,101€189,101=
Profit (loss) carried forward14€0-€29,237▼
Provisions and deferred taxes16-€20,050
Deferred taxes168-€20,050
Amounts payable17/49€350,187€840,272▲
Amounts payable after more than one year17€297,672€480,076▲
Financial debts170/4€297,672€480,076▲
Amounts payable within one year42/48€50,942€358,488▲
Current portion of amounts payable after more than one year42€25,306€15,673▼
Financial debts43-€253,578
Credit institutions430/8-€253,578
Trade debts44€735€61,451▲
Suppliers440/4€735€61,451▲
Other amounts payable47/48€24,901€27,786▲
Accrued charges and deferred income492/3€1,573€1,709▲
Income statement Code20242025
Non-recurring operating income76A-€80,750
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,967€10,967=
Other operating charges640/8€2,657€2,582▼
Gross operating margin9900€15,238€93,157▲
Operating profit (loss)9901€1,614€79,608▲
Financial income75/76B€2,063€0▼
Recurring financial income75€2,063€0▼
Financial charges65/66B€9,895€28,645▲
Recurring financial charges65€9,895€28,645▲
Profit (loss) for the period before taxes9903-€6,217€50,963▲
Transfer from deferred taxes780-€137
Transfer to deferred taxes680-€20,188
Income taxes67/77€21€0▼
Profit (loss) for the period9904-€6,239€30,913▲
Transfer from tax-exempt reserves789-€412
Transfer to tax-exempt reserves689-€60,563
Profit (loss) for the period to be appropriated9905-€6,239-€29,237▼
Appropriation of the result
Profit (loss) to be appropriated9906-€8,978-€29,237▼
Profit (loss) brought forward from the previous period14P-€2,739€0▲
Transfer from equity791/2€8,978€0▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€33,667€0-€80,750-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,091€10,841€10,967€10,967€10,967=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€753€0---
Other operating charges640/8€3,562€2,807€3,134€2,657€2,582▼ 2.8%
Gross operating margin9900€29,532€56,131€17,988€15,238€93,157▲ 511%
Operating profit (loss)9901€10,878€41,730€3,888€1,614€79,608▲ 4,833%
Financial income75/76B-€1,240€2,048€2,063€0▼ 100.0%
Recurring financial income75-€1,240€2,048€2,063€0▼ 100.0%
Financial charges65/66B€8,965€8,583€8,675€9,895€28,645▲ 190%
Recurring financial charges65€8,965€8,583€8,675€9,895€28,645▲ 190%
Profit (loss) for the period before taxes9903€1,914€34,388-€2,739-€6,217€50,963▲ 920%
Transfer from deferred taxes780----€137-
Transfer to deferred taxes680----€20,188-
Income taxes67/77€174€3,126€0€21€0▼ 100%
Profit (loss) for the period9904€1,740€31,261-€2,739-€6,239€30,913▲ 596%
Transfer from tax-exempt reserves789----€412-
Transfer to tax-exempt reserves689----€60,563-
Profit (loss) for the period to be appropriated9905€1,740€31,261-€2,739-€6,239-€29,237▼ 369%
Line20212022202320242025Change
Assets
Total assets20/58€595,701€610,025€585,736€557,880€1.1m▲ 97.0%
Fixed assets21/28€569,636€592,210€571,426€540,594€235,740▼ 56.4%
Tangible fixed assets22/27€569,636€382,892€371,924€360,957€235,740▼ 34.7%
Land and buildings22€569,636€382,892€371,924€360,957€235,740▼ 34.7%
Financial fixed assets28-€209,319€199,502€179,636€0▼ 100%
Current assets29/58€26,064€17,815€14,310€17,287€863,188▲ 4,893%
Stocks and contracts in progress3€753--€10,244€850,378▲ 8,201%
Stocks30/36€753-----
Contracts in progress37---€10,244€850,378▲ 8,201%
Amounts receivable within one year40/41€573€573--€11,500-
Other amounts receivable41€573€573--€11,500-
Current investments50/53--€10,000€0--
Cash at bank and in hand54/58€24,531€16,976€4,310€4,780€1,103▼ 76.9%
Deferred charges and accrued income490/1€208€266€0€2,263€207▼ 90.8%
Equity and liabilities
Total equity and liabilities10/49€595,701€610,025€585,736€557,880€1.1m▲ 97.0%
Equity10/15€185,410€216,671€213,932€207,693€238,606▲ 14.9%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Outside capital11€18,592-----
Other1109/19€18,592-----
Reserves13€166,818€198,079€198,079€189,101€249,251▲ 31.8%
Tax-exempt reserves132----€60,150-
Distributable reserves133€166,818€198,079€198,079€189,101€189,101=
Profit (loss) carried forward14---€2,739€0-€29,237-
Provisions and deferred taxes16----€20,050-
Deferred taxes168----€20,050-
Amounts payable17/49€410,291€393,354€371,804€350,187€840,272▲ 140%
Amounts payable after more than one year17€372,087€347,780€322,978€297,672€480,076▲ 61.3%
Financial debts170/4€372,087€347,780€322,978€297,672€480,076▲ 61.3%
Amounts payable within one year42/48€37,793€45,070€47,813€50,942€358,488▲ 604%
Current portion of amounts payable after more than one year42€23,823€24,307€24,802€25,306€15,673▼ 38.1%
Financial debts43----€253,578-
Credit institutions430/8----€253,578-
Trade debts44€511-€3,404€735€61,451▲ 8,260%
Suppliers440/4€511-€3,404€735€61,451▲ 8,260%
Taxes, remuneration and social security45€274€3,300€0---
Taxes450/3€274€3,300€0---
Other amounts payable47/48€13,186€17,463€19,607€24,901€27,786▲ 11.6%
Accrued charges and deferred income492/3€412€504€1,013€1,573€1,709▲ 8.6%
Line20212022202320242025Change
Profit (loss) for the period9904€1,740€31,261-€2,739-€6,239€30,913▲ 596%
+ Depreciation and write-downs630€15,091€10,841€10,967€10,967€10,967=
Operating cash flow (approximation)€16,831€42,102€8,228€4,728€41,880▲ 786%
Investment in fixed assets (approximation)--€33,415€9,817€19,865€293,886▲ 1,379%
Change in cash--€7,555-€12,666€470-€3,677▼ 882%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
13-05
State Gazette act Restructuring
Merger · Accounting effect · Power of attorney4 facts ▸
  • Merger, absorption
  • Accounting effect, 31-03-2026
  • Power of attorney, ADE CONSULTANTS
  • Power of attorney, ADE CONSULTANTS
2025
31-12
Financial Back to profitnet €30,913
Net result €30,913 after 2 loss-making years.
31-12
Financial Liquidity times 7current ratio 2.41
Current ratio from 0.34 to 2.41.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
12-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 12 days late
2022
31-12
Financial Highest result since 2018net €31,261 ▲1,697%
Net result €31,261, the highest in the series.
31-12
Financial Equity above €200,000Eq €216,671 ▲16.9%
4 profitable years in a row build equity to €216,671.
17-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
29-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
Show earlier events
2019
31-12
Financial Back to profitnet €5,321
Net result €5,321 after one loss-making year.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not 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
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde
exact location from the address register On OpenStreetMap
Ground area
2,215 m²
Building footprint
244 m²
Volume, LiDAR
1,349 m³
Parcel 11041B0436/00E000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11041B0436/00E000 Flanders 2,215 m² 1 · 244 m² 6.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Philippe Rosquin 100%
  2. CARISA

Highest known parent: Philippe Rosquin. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Taken over by:PHILIPPE ROSQUIN
BE 0824.113.681merger by absorption · proposal · State Gazette act of 13-05-2026 (2 acts)

Identification & contact

Identification
Legal formPrivate limited company
Founded02-02-1989
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0436675984
Registered 08-05-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.