Financials
- Financial year
- 2025
- Total assets
- €196,871
- Profit
- €54,517
- Solvency
- 29.2%
CARM. AD
ActiveSummary
CARM. AD has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57,517 and a net result of €54,517. Its solvency ranks better than 41% of 13,626 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Wholesale trade
NACE 46425
1 site
Size
€196,871total assets 2025
- Equity
- €57,517
- Profit
- €54,517
Turnover not published (micro format)
Why 72raises riskFounded in 2025Last filed accounts filed 35 days late; 1 of the last 3 lateSize: total assets €196,871lowers riskLiquidity: current ratio 2.78, cash €100,197Show the evidence
Checked score
Score 2025
72
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 73% of its sector peers (NACE 46, micro)
Financial strength
Strong
Solvency
54
equity 29.2% of total assets
Liquidity
84
short-term debt 35.8% · cash 50.9%
Profitability
100
return on assets 27.7%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.78, above the usual 1.5; short-term debt: 35.8% and cash: 50.9% of total assets), but 70.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 39% on solvency, 85% on liquidity and 95% on profitability.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 35 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
35 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: CAGNINA Angèle (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- CAGNINA AngèleDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale tradeNACE 46425
- Founded
- 10-09-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 30
- Annual meeting
- Second Wednesday of June at 18:00
- Purpose
- “L’exploitation d’un ou de plusieurs institut(s) de beauté et/ou salon(s) d’esthétique et…” (deed in French)
- Statutory auditor
- No statutory auditor
Key facts about CARM. AD
- What is the company number of CARM. AD?
- 1027.477.547. In Belgium the VAT number is the company number with BE in front: BE 1027.477.547.
- Where is CARM. AD based?
- The registered office is at Rue de Huy 86, 4530 Villers-le-Bouillet.Company details
- What does CARM. AD do?
- According to the KBO register, the main activity is wholesale trade (NACE 46425).
- What is the legal form of CARM. AD?
- Private limited company (BV).
- When was CARM. AD founded?
- On 10-09-2025.
- Is CARM. AD still active?
- Yes, CARM. AD is an active enterprise in the KBO register.
- What is the turnover of CARM. AD?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is CARM. AD profitable?
- In financial year 2025, CARM. AD made a profit of €54,517.
- Where can I find the annual accounts of CARM. AD?
- CARM. AD filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Companies related to CARM. AD
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- MARISMechelen
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