Financials
- Financial year
- 2024
- Total assets
- €126,328
- Profit
- €9,025
- Solvency
- -67.4%
Total assets▲ 27.4%
Net result
20222024
CARMENO
ActiveSummary
The computed 12-month bankruptcy probability of CARMENO is 6.2% (elevated). The 2024 annual accounts show negative equity (-€85,159) and a net result of €9,025. Equity is shrinking by about 36% per year across the filed financial years. Its solvency ranks better than 10% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of footwear
NACE 47721
1 site
Size
≈ €120,000turnover 2024, estimated
- Equity
- -€85,159
- Profit
- €9,025
Turnover estimated from the gross margin
Structure
2025 accounts not filed, 92 days past the deadline2 of 4 deeds summarised
Why 37raises riskFigures for financial year 2024 (filed 31-07-2025)1 change of registered office in 24 monthsFounded in 2021lowers riskLiquidity: current ratio 1.83, cash €31,910Show the evidence
Checked score
Score 2024
37
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 50% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Average
Solvency
0=
equity -67.4% of total assets
Liquidity
60+46
short-term debt 44.7% · cash 25.3%
Profitability
78+78
return on assets 7.1%
Bankruptcy probability, 12 months
6.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.4%
12-2024: 3.4%● unchanged vs 11-2024
01-2025: 3.3%▼ -0.1 percentage points vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 3.2%▼ -0.1 percentage points vs 02-2025
04-2025: 3.2%● unchanged vs 03-2025
05-2025: 2.8%▼ -0.4 percentage points vs 04-2025
06-2025: 5.0%▲ +2.2 percentage points vs 05-2025
07-2025: 5.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.6%▼ -3.5 percentage points vs 07-2025
09-2025: 1.6%● unchanged vs 08-2025lowest value
10-2025: 1.6%● unchanged vs 09-2025lowest value
11-2025: 1.6%● unchanged vs 10-2025lowest value
12-2025: 1.6%● unchanged vs 11-2025lowest value
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.7%▲ +0.1 percentage points vs 01-2026
03-2026: 1.6%▼ -0.1 percentage points vs 02-2026
04-2026: 1.8%▲ +0.2 percentage points vs 03-2026
05-2026: 2.4%▲ +0.6 percentage points vs 04-2026
06-2026: 2.4%● unchanged vs 05-2026
07-2026: 2.3%▼ -0.1 percentage points vs 06-2026
08-2026: 3.2%▲ +0.9 percentage points vs 07-2026
09-2026: 3.7%▲ +0.5 percentage points vs 08-2026
10-2026: 6.2%▲ +2.5 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 1.83, compared with 0.38 in 2023, above the usual 1.5; short-term debt: 44.7% and cash: 25.3% of total assets), but equity is negative.
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 47, micro): better than 6% on solvency, 67% on liquidity, 67% on profitability and 60% on growth.
The bankruptcy probability was computed on 30-10-2026 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
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 25567 sector peers (2024).
NBB · sector comparisonPosition among 25567 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 92 days later.
NBB · 3 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline31-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
2 days early
2022
11 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 3 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Amendment of the articles · NameName change · Purpose change…
- Resignations: Stanford Bridgett (director) and BV…Registered-office move
Key points
- Risk: Negative equityfinancial year 2024: debts exceed assets -€85,159 View
- Risk: 2025 accounts not fileddeadline was 31-07-2026 92 days past the deadline View
- Caution: Among the weakest 6% on equitysector median €39,278 · 25,624 companies -€85,159 View
- Positive: Back in profit in 2024after -€69,968 in 2023 €9,025 View
By topic
Timeline
- Events
- 8
- Since
- 2023
- 31-12-2024Back to profit
- 31-12-2024Liquidity more than quadruples
- 29-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of footwearNACE 47721
- Founded
- 09-09-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about CARMENO
- What is the company number of CARMENO?
- 0773.690.212. In Belgium the VAT number is the company number with BE in front: BE 0773.690.212.
- Where is CARMENO based?
- The registered office is at Kustlaan 89, 8300 Knokke-Heist.Company details
- What does CARMENO do?
- According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
- What is the legal form of CARMENO?
- Private limited company (BV).
- When was CARMENO founded?
- On 09-09-2021.
- Is CARMENO still active?
- Yes, CARMENO is an active enterprise in the KBO register.
- What is the turnover of CARMENO?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is CARMENO profitable?
- In financial year 2024, CARMENO made a profit of €9,025.
- Where can I find the annual accounts of CARMENO?
- CARMENO filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to CARMENO
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- MASTKnokke-Heist
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