CARMA INVEST
ActiveCARMA INVEST has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €556k and a net result of €-71k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
74
/ 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
Profitability3▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 30.59 against 25.09 in 2024; short-term debt: 1.8% and cash: 48% of total assets), and 1.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-71k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
67 d early
2023
49 d early
2022
46 d early
2021
63 d early
2020
41 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€556k▼ 11.3%
2024 · €626k
2019: €370k
2020: €338k
2021: €297k
2022: €497k
2023: €688k
2024: €626k
2019 → 2025
Total assets
€566k▼ 11.7%
2024 · €641k
2019: €600k
2020: €503k
2021: €474k
2022: €509k
2023: €695k
2024: €641k
2019 → 2025
Net result
€-71k▼ 14.1%
2024 · €-62k
2019: €146k
2020: €-32k
2021: €-40k
2022: €200k
2023: €191k
2024: €-62k
2019 → 2025
Working capital
€299k▼ 14.4%
2024 · €349k
2019: €-58k
2020: €-68k
2021: €-87k
2022: €142k
2023: €403k
2024: €349k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€297k-€497k▲ 67.1%€688k▲ 38.5%€626k▼ 9.0%€556k▼ 11.3%
Operating result€-31k-€250k€261k▲ 4.3%€-61k€-70k▼ 14.7%
Net result€-40k-€200k€191k▼ 4.1%€-62k€-71k▼ 14.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €70k in 2025 against €61k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €566k
Fixed assets
€257k▼ 7.3%
Current assets
€309k▼ 15.1%
Equity and liabilities €566k
Equity
€556k▼ 11.3%
Debt
€10k▼ 30.3%
The debt ratio falls from 2.3% to 1.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-50k▼
2024 · €-42k
Cash flow
€-50k▼
2024 · €-42k
Solvency
98.2%▲
2024 · 97.7%
Current ratio
30.59▲
2024 · 25.09
Quick ratio
30.59▲
2024 · 25.09
Debt / equity
0.02▼
2024 · 0.02
ROE
-12.7%▼
2024 · -9.9%
ROA
-12.5%▼
2024 · -9.7%
Interest coverage
-89.72▼
2024 · -76.86
Debt
€10k▼
2024 · €14k
Debt ≤ 1 year
€10k▼
2024 · €14k
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€641k€566k▼
Fixed assets21/28€277k€257k▼
Tangible fixed assets22/27€277k€257k▼
Land and buildings22€275k€255k▼
Plant, machinery and equipment23€2k€2k▼
Current assets29/58€364k€309k▼
Amounts receivable within one year40/41€20k€37k▲
Trade receivables40€20k€20k▲
Other amounts receivable41-€17k
Cash at bank and in hand54/58€343k€271k▼
Equity and liabilities
Total equity and liabilities10/49€641k€566k▼
Equity10/15€626k€556k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€565k€494k▼
Non-distributable reserves130/1€39k€39k=
Legal reserve130€39k€39k=
Distributable reserves133€526k€455k▼
Amounts payable17/49€14k€10k▼
Amounts payable within one year42/48€14k€10k▼
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Other amounts payable47/48€7k-
Income statement
Code20242025
Non-recurring operating income76A-€116
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▲
Other operating charges640/8€9k€9k▼
Gross operating margin9900€-32k€-41k▼
Operating profit (loss)9901€-61k€-70k▼
Financial charges65/66B€541€555▲
Recurring financial charges65€541€555▲
Profit (loss) for the period before taxes9903€-62k€-71k▼
Income taxes67/77€294-
Profit (loss) for the period9904€-62k€-71k▼
Profit (loss) for the period to be appropriated9905€-62k€-71k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-71k▼
Transfer from equity791/2€62k€71k▲
The notes to these accounts (4 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
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-71k
Net result drops to €-71k, the lowest in the series.
2024
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Liquidity times 5current ratio 56.08
Current ratio from 12.44 to 56.08; short-term debt falls from €12k to €7k.
30-06
Financial
Equity above €500kEq €688k ▲38.5%
2 profitable years in a row build equity to €688k.
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €200k
Net result €200k after 2 loss-making years.
30-06
Financial
Liquidity times 24current ratio 12.44
Current ratio from 0.51 to 12.44; short-term debt falls from €176k to €12k.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oostkamp · 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.
Beukendreef 128020 OostkampGround area
1.5 ha
Building footprint
483 m²
Volume, LiDAR
2,242 m³
Parcel 31009D0973/00R002, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Beukendreef 12, 8020 Oostkamp
since 19992.077.843.928
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31009D0973/00R002 | Flanders | 1.5 ha | 1 · 483 m² | 8.2 m · 1 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.
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WYCKAERT - COMARIT
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Of 11,750 companies in sector 68310 we hold annual accounts for 6,908. 4,463 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-07-1996
Fiscal year end30-06
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.