CARISEL
ActiveCARISEL has been active since 1955 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €986k and a net result of €99k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 57% of 2036 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+39
Solvency73▲+4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.72 in 2024; short-term debt: 51.6% and cash: 7.9% of total assets), but 52.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
47.6%
Return on assets
4.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €986k
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
27 d late
2023
29 d late
2022
3 d early
2021
4 d early
2020
31 d late
2019
3 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€99k▲ 338%
2024 · €23k
2018: €43k
2019: €33k
2020: €1k
2021: €16k
2022: €12k
2023: €-189k
2024: €23k
2018 → 2025
Working capital
€891k▲ 11.4%
2024 · €800k
2018: €875k
2019: €812k
2020: €891k
2021: €927k
2022: €957k
2023: €773k
2024: €800k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.04M-€1.05M▲ 1.2%€865k▼ 17.9%€887k▲ 2.6%€986k▲ 11.1%
Operating result€22k-€26k▲ 21.0%€-194k€30k€95k▲ 217%
Net result€16k-€12k▼ 22.6%€-189k€23k€99k▲ 338%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 217% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.07M
Fixed assets
€111k▲ 3.0%
Current assets
€1.96M▲ 2.9%
Equity and liabilities €2.07M
Equity
€986k▲ 11.1%
Provisions
€15k=
Debt
€1.07M▼ 3.6%
The debt ratio falls from 55.1% to 51.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€114k▲
2024 · €58k
Cash flow
€118k▲
2024 · €50k
Solvency
47.6%▲
2024 · 44.1%
Current ratio
1.84▲
2024 · 1.72
Quick ratio
1.76▲
2024 · 1.59
Debt / equity
1.08▼
2024 · 1.25
ROE
10.0%▲
2024 · 2.5%
ROA
4.8%▲
2024 · 1.1%
Interest coverage
8.52▲
2024 · 1.89
Debt
€1.07M▼
2024 · €1.11M
Debt ≤ 1 year
€1.07M▼
2024 · €1.10M
Debt > 1 year
€900▼
2024 · €5k
Income taxes
€5k▲
2024 · €2k
Staff costs
€543k▲
2024 · €477k
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€2.01M€2.07M▲
Fixed assets21/28€108k€111k▲
Tangible fixed assets22/27€58k€61k▲
Furniture and vehicles24€48k€53k▲
Other tangible fixed assets26€10k€9k▼
Financial fixed assets28€50k€50k▼
Current assets29/58€1.90M€1.96M▲
Amounts receivable after more than one year29€333k€345k▲
Other amounts receivable291€333k€345k▲
Stocks and contracts in progress3€151k€84k▼
Stocks30/36€151k€84k▼
Amounts receivable within one year40/41€884k€1.07M▲
Trade receivables40€513k€696k▲
Other amounts receivable41€371k€370k▼
Current investments50/53€292k€292k=
Cash at bank and in hand54/58€236k€163k▼
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€2.01M€2.07M▲
Equity10/15€887k€986k▲
Contributions10/11€675k€675k=
Capital10€675k€675k=
Issued capital100€675k€675k=
Reserves13€270k€307k▲
Non-distributable reserves130/1€37k€37k=
Legal reserve130€37k€37k=
Tax-exempt reserves132€56k€56k=
Distributable reserves133€177k€214k▲
Profit (loss) carried forward14€-58k€5k▲
Provisions and deferred taxes16€15k€15k=
Provisions for liabilities and charges160/5€15k€15k=
Pensions and similar obligations160€15k€15k=
Amounts payable17/49€1.11M€1.07M▼
Amounts payable after more than one year17€5k€900▼
Financial debts170/4€4k-
Other amounts payable178/9€900€900=
Amounts payable within one year42/48€1.10M€1.07M▼
Current portion of amounts payable after more than one year42€7k€4k▼
Financial debts43€353k€353k=
Credit institutions430/8€353k€353k=
Trade debts44€470k€620k▲
Suppliers440/4€470k€620k▲
Taxes, remuneration and social security45€23k€25k▲
Taxes450/3-€4k
Remuneration and social security454/9€23k€21k▼
Other amounts payable47/48€252k€66k▼
Income statement
Code20242025
Remuneration, social security and pensions62€477k€543k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€19k▼
Other operating charges640/8€1k€281▼
Non-recurring operating charges66A-€326
Gross operating margin9900€536k€658k▲
Operating profit (loss)9901€30k€95k▲
Financial income75/76B€25k€22k▼
Recurring financial income75€25k€22k▼
Financial charges65/66B€31k€13k▼
Recurring financial charges65€31k€13k▼
Profit (loss) for the period before taxes9903€24k€104k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€23k€99k▲
Profit (loss) for the period to be appropriated9905€23k€99k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-58k€41k▲
Profit (loss) brought forward from the previous period14P€-80k€-58k▲
Transfer to equity691/2-€36k
To other reserves6921-€36k
Social balance
Average headcount (FTE)90879.08.7▼
The notes to these accounts (8 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 · full schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €99k ▲338%
Operating result €95k, net result €99k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-189k ▼1646%
Net result drops to €-189k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €1MEq €1.02M ▲3.3%
2 profitable years in a row build equity to €1.02M.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Braine-l'Alleud · 2 establishment units since 1955
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.
Rue de la Goëtte 851420 Braine-l'AlleudGround area
4,544 m²
Building footprint
1,500 m²
Volume, LiDAR
3,155 m³
2 parcels, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
CARISEL
since 19552.009.212.468
CARISEL
since 20192.296.694.635
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25744E1061/00A000 | Wallonia | 3,273 m² | 1 · 1,216 m² | - |
| 56014A0231/00K000 | Wallonia | 1,271 m² | 1 · 285 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
6 categoriesCARISEL SA15417
Legal Entity Identifier
8755001K3TKYUUTID143
Similar companies · same sector, comparable size
ZAMEX
BE 0870.130.976
Halen · Eq €986k
DOUTERLOIGNE BETON
BE 0750.518.197
Anzegem · Eq €979k
Marbrerie G. Allard et fils
BE 0402.052.825
Beersel · Eq €977k
MAbeton
BE 0768.649.081
Ieper · Eq €977k
CARRO-FLOOR
BE 0848.279.054
Ternat · Eq €997k
Of 3,962 companies in sector 43331 we hold annual accounts for 1,791. 694 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-04-1955
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.