Carlens
ActiveCarlens has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15.34M and a net result of €1.40M. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 167 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-2
Solvency100=
Growth48▼-2
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.25M at 30 days acceptable
Liquidity ample (current ratio 19.32 against 11.58 in 2023; short-term debt: 4.1% and cash: 12.1% of total assets), and 4.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
95.7%
Return on assets
8.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-09-2025, 36 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
not confirmed
2024
36 d late
2023
30 d late
2022
1 d early
2021
2 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€14.87M▼ 2.9%
2023 · €15.31M
2018: €13.15M
2019: €13.49M
2020: €15.31M
2021: €17.40M
2022: €18.31M
2023: €15.31M
2018 → 2024
EBIT margin
10.5%▼ 1.1pp
2023 · 11.6%
2018: 16.9%
2019: 8.4%
2020: 14.8%
2021: 19.4%
2022: 17.9%
2023: 11.6%
2018 → 2024
Net result
€1.40M▼ 4.8%
2023 · €1.47M
2018: €1.59M
2019: €876k
2020: €1.71M
2021: €2.62M
2022: €2.62M
2023: €1.47M
2018 → 2024
Working capital
€12.19M▼ 1.1%
2023 · €12.32M
2018: €5.82M
2019: €6.38M
2020: €7.75M
2021: €9.24M
2022: €11.42M
2023: €12.32M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€15.31M-€17.40M▲ 13.6%€18.31M▲ 5.3%€15.31M▼ 16.4%€14.87M▼ 2.9%
Equity€9.25M-€10.86M▲ 17.5%€12.98M▲ 19.5%€13.95M▲ 7.4%€15.34M▲ 10.0%
Operating result€2.27M-€3.37M▲ 48.2%€3.28M▼ 2.6%€1.77M▼ 45.9%€1.57M▼ 11.7%
Net result€1.71M-€2.62M▲ 52.8%€2.62M▲ 0.2%€1.47M▼ 44.0%€1.40M▼ 4.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 12% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16.04M
Fixed assets
€3.18M▲ 86.4%
Current assets
€12.85M▼ 4.7%
Equity and liabilities €16.04M
Equity
€15.34M▲ 10.0%
Provisions
€20k▼ 57.2%
Debt
€675k▼ 43.9%
The debt ratio falls from 7.9% to 4.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.01M▼
2023 · €2.25M
Cash flow
€1.84M▼
2023 · €1.94M
Solvency
95.7%▲
2023 · 91.8%
Current ratio
19.32▲
2023 · 11.58
Quick ratio
12.04▲
2023 · 7.92
Debt / equity
0.04▼
2023 · 0.09
ROE
9.1%▼
2023 · 10.5%
ROA
8.7%▼
2023 · 9.6%
Interest coverage
415.36▲
2023 · 298.72
Debt
€675k▼
2023 · €1.20M
Debt ≤ 1 year
€665k▼
2023 · €1.16M
Income taxes
€551k▼
2023 · €551k
Staff costs
€1.32M=
2023 · €1.32M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€15.20M€16.04M▲
Fixed assets21/28€1.71M€3.18M▲
Tangible fixed assets22/27€1.71M€1.63M▼
Land and buildings22€706k€802k▲
Plant, machinery and equipment23€397k€296k▼
Furniture and vehicles24€604k€531k▼
Financial fixed assets28-€1.56M
Affiliated companies280/1-€1.56M
Amounts receivable281-€1.56M
Current assets29/58€13.49M€12.85M▼
Amounts receivable after more than one year29€1.68M-
Other amounts receivable291€1.68M-
Stocks and contracts in progress3€4.26M€4.85M▲
Stocks30/36€4.26M€4.85M▲
Goods purchased for resale34€4.26M€4.85M▲
Amounts receivable within one year40/41€1.54M€1.53M▼
Trade receivables40€1.52M€1.37M▼
Other amounts receivable41€23k€161k▲
Current investments50/53€3.50M€4.50M▲
Other investments51/53€3.50M€4.50M▲
Cash at bank and in hand54/58€2.39M€1.95M▼
Deferred charges and accrued income490/1€114k€28k▼
Equity and liabilities
Total equity and liabilities10/49€15.20M€16.04M▲
Equity10/15€13.95M€15.34M▲
Contributions10/11€431k€431k=
Capital10€431k€431k=
Issued capital100€431k€431k=
Reserves13€13.52M€14.91M▲
Non-distributable reserves130/1€43k€43k=
Legal reserve130€43k€43k=
Tax-exempt reserves132€766k€702k▼
Distributable reserves133€12.71M€14.17M▲
Provisions and deferred taxes16€46k€20k▼
Deferred taxes168€46k€20k▼
Amounts payable17/49€1.20M€675k▼
Amounts payable after more than one year17€32k-
Financial debts170/4€32k-
Leasing and similar obligations172€32k-
Amounts payable within one year42/48€1.16M€665k▼
Current portion of amounts payable after more than one year42€43k€32k▼
Trade debts44€282k€101k▼
Suppliers440/4€282k€101k▼
Taxes, remuneration and social security45€200k€472k▲
Taxes450/3€82k€278k▲
Remuneration and social security454/9€118k€193k▲
Other amounts payable47/48€640k€61k▼
Accrued charges and deferred income492/3€8k€10k▲
Income statement
Code20232024
Operating income70/76A€15.93M€15.30M▼
Turnover70€15.31M€14.87M▼
Other operating income74€623k€436k▼
Non-recurring operating income76A€0-
Operating charges60/66A€14.16M€13.74M▼
Goods for resale, raw materials and consumables60€11.14M€10.80M▼
Purchases600/8€10.85M€11.38M▲
Change in stocks: decrease (increase)609€288k€-582k▼
Services and other goods61€1.08M€1.02M▼
Remuneration, social security and pensions62€1.32M€1.32M=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€477k€441k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€45k
Other operating charges640/8€112k€103k▼
Non-recurring operating charges66A€26k€11k▼
Operating profit (loss)9901€1.77M€1.57M▼
Financial income75/76B€302k€433k▲
Recurring financial income75€302k€433k▲
Income from financial fixed assets750-€136k
Income from current assets751€42k€28k▼
Other financial income752/9€260k€268k▲
Non-recurring financial income76B€101-
Financial charges65/66B€87k€79k▼
Recurring financial charges65€87k€79k▼
Debt charges650€8k€5k▼
Other financial charges652/9€80k€74k▼
Profit (loss) for the period before taxes9903€1.99M€1.92M▼
Transfer from deferred taxes780€28k€26k▼
Income taxes67/77€551k€551k▼
Taxes670/3€551k€551k▼
Profit (loss) for the period9904€1.47M€1.40M▼
Transfer from tax-exempt reserves789€68k€64k▼
Profit (loss) for the period to be appropriated9905€1.53M€1.46M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.54M€1.46M▼
Profit (loss) brought forward from the previous period14P€2k-
Transfer to equity691/2€1.04M€1.46M▲
To other reserves6921€1.04M€1.46M▲
Profit to be distributed694/7€500k-
Return on contributions (dividend)694€500k-
Social balance
Average headcount (FTE)908726.326.0▼
The notes to these accounts (46 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 36 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €2.62M ▲0.2%
Net result €2.62M, the highest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €10MEq €10.86M ▲17.5%
4 profitable years in a row build equity to €10.86M.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €876k ▼44.8%
Net result drops to €876k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 25 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Aarschot · 1 establishment unit since 1968
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.
Gaston Geenslaan 13200 AarschotGround area
1.5 ha
Building footprint
3,634 m²
Volume, LiDAR
22,054 m³
Parcel 24662F0221/00B000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NV CARLENS
since 19682.006.290.788
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662F0221/00B000 | Flanders | 1.5 ha | 1 · 3,634 m² | 7.6 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 486 EUR awarded · 486 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 248 EUR | 248 EUR |
| 2023 | 1 | 238 EUR | 238 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
HOFFMANN TRADE
BE 0427.845.521
Sankt Vith · Eq €14.20M
Houthandel Denis Luyten
BE 0403.778.831
Herentals · Eq €10.70M
Bourguignon
BE 0464.933.272
Walhain · Eq €10.46M
Zonnehoeve Production
BE 0432.166.276
Nazareth-De Pinte · Eq €10.39M
RAIL EUROPE
BE 0478.994.809
Couvin · Eq €10.18M
Of 663 companies in sector 16110 we hold annual accounts for 320. 86 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
16110Sawmilling and planing of wood
46832Wholesale of timber
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.