CARMY
ActiveSummary
CARMY has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €932k and a net result of €201k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+49
Solvency56▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 3.48 against 3.53 in 2024; short-term debt: 19.9% and cash: 3.6% of total assets), but 69% of the assets are financed with debt.
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Signals
Six 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
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
31%
Return on assets
6.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
27 d early
2022
31 d early
2021
38 d early
2020
6 d late
2019
19 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 company by total assets in Chapelle-lez-Herlaimont, Real estate sector#3 oldest company in Chapelle-lez-Herlaimont, Real estate sector#9 company by equity in Chapelle-lez-Herlaimont
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€201k
2024 · €-14k
Working capital
€1.48M▲ 4.2%
2024 · €1.42M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€43k▼ 32.1%€56k▲ 29.7%€104k▲ 86.8%€-21k€342k
Net result€30k▼ 32.6%€41k▲ 33.4%€28k▼ 31.2%€-14k€201k
Equity€602k▲ 5.3%€643k▲ 6.8%€745k▲ 15.9%€731k▼ 1.8%€932k▲ 27.5%
Total assets€1.58M▲ 1.8%€1.42M▼ 10.6%€3.19M▲ 125%€3.20M▲ 0.1%€3.01M▼ 5.8%
Debt€982k▼ 0.2%€774k▼ 21.2%€2.42M▲ 213%€2.44M▲ 0.7%€2.05M▼ 15.9%
Working capital€-799k▲ 3.7%€-758k▲ 5.1%€1.47M€1.42M▼ 3.1%€1.48M▲ 4.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €342k after a loss of €21k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.01M
Fixed assets
€930k ▼ 23.2%
Current assets
€2.08M ▲ 4.7%
Equity and liabilities €3.01M
Equity
€932k ▲ 27.5%
Provisions
€28k ▼ 3.7%
Debt
€2.05M ▼ 15.9%
Debt's share of the balance-sheet total falls from 76.2% to 68.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€385k▲
2024 · €48k
Cash flow
€244k▲
2024 · €56k
Current ratio
3.48▼
2024 · 3.53
Quick ratio
0.77▲
2024 · 0.65
Debt to equity
2.20▼
2024 · 3.33
ROE
21.6%▲
2024 · -1.9%
ROA
6.7%▲
2024 · -0.4%
Interest coverage
6.20▲
2024 · 1.12
Debt ≤ 1 year
€598k▲
2024 · €563k
Debt > 1 year
€1.20M▼
2024 · €1.62M
Income taxes
€80k▲
2024 · €6k
Staff costs
€158▲
2024 · €32
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €21k | €32 | €158 | ▲ 396% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €433 | €80k | €69k | €43k | ▼ 38.7% |
| Other operating charges640/8 | €5k | €4k | €29k | €62k | €31k | ▼ 50.6% |
| Gross operating margin9900 | €49k | €60k | €234k | €110k | €415k | ▲ 278% |
| Operating profit (loss)9901 | €43k | €56k | €104k | €-21k | €342k | ▲ 1,695% |
| Financial income75/76B | €40 | €0 | €1k | €56k | €14 | ▼ 100.0% |
| Recurring financial income75 | €40 | €0 | €1k | €54k | €14 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | - | €2k | - | - |
| Financial charges65/66B | €592 | €476 | €62k | €43k | €62k | ▲ 44.9% |
| Recurring financial charges65 | €592 | €476 | €50k | €43k | €62k | ▲ 44.9% |
| Non-recurring financial charges66B | - | - | €12k | - | - | - |
| Profit (loss) for the period before taxes9903 | €42k | €55k | €43k | €-9k | €280k | ▲ 3,323% |
| Transfer from deferred taxes780 | - | - | €1k | €1k | €1k | = |
| Income taxes67/77 | €12k | €15k | €16k | €6k | €80k | ▲ 1,225% |
| Profit (loss) for the period9904 | €30k | €41k | €28k | €-14k | €201k | ▲ 1,572% |
| Transfer from tax-exempt reserves789 | - | - | €3k | €3k | €3k | = |
| Profit (loss) for the period to be appropriated9905 | €30k | €41k | €30k | €-11k | €204k | ▲ 1,930% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.58M | €1.42M | €3.19M | €3.20M | €3.01M | ▼ 5.8% |
| Fixed assets21/28 | €1.40M | €1.40M | €1.28M | €1.21M | €930k | ▼ 23.2% |
| Tangible fixed assets22/27 | €66k | €66k | €950k | €876k | €595k | ▼ 32.1% |
| Land and buildings22 | €65k | €65k | €945k | €871k | €590k | ▼ 32.2% |
| Plant, machinery and equipment23 | €410 | €205 | €0 | €1k | €964 | ▼ 21.2% |
| Furniture and vehicles24 | €912 | €684 | €5k | €4k | €3k | ▼ 4.2% |
| Financial fixed assets28 | €1.33M | €1.33M | €335k | €335k | €335k | = |
| Current assets29/58 | €183k | €16k | €1.91M | €1.99M | €2.08M | ▲ 4.7% |
| Stocks and contracts in progress3 | - | - | €1.59M | €1.62M | €1.62M | = |
| Stocks30/36 | - | - | €1.59M | €1.62M | €1.62M | = |
| Amounts receivable within one year40/41 | €176k | €11k | €278k | €256k | €337k | ▲ 31.7% |
| Trade receivables40 | €176k | - | €100k | €10k | €12k | ▲ 18.2% |
| Other amounts receivable41 | - | €11k | €178k | €246k | €325k | ▲ 32.3% |
| Cash at bank and in hand54/58 | €6k | €2k | €23k | €92k | €107k | ▲ 15.9% |
| Deferred charges and accrued income490/1 | €2k | €3k | €14k | €16k | €14k | ▼ 9.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.58M | €1.42M | €3.19M | €3.20M | €3.01M | ▼ 5.8% |
| Equity10/15 | €602k | €643k | €745k | €731k | €932k | ▲ 27.5% |
| Contributions10/11 | €212k | €212k | €212k | €212k | €212k | = |
| Capital10 | €212k | €212k | €212k | €212k | €212k | = |
| Issued capital100 | €212k | €212k | €212k | €212k | €212k | = |
| Reserves13 | €14k | €14k | €85k | €83k | €80k | ▼ 3.1% |
| Non-distributable reserves130/1 | €14k | €14k | €14k | €14k | €14k | = |
| Legal reserve130 | €14k | €14k | €14k | €14k | €14k | = |
| Tax-exempt reserves132 | - | - | €72k | €69k | €67k | ▼ 3.7% |
| Profit (loss) carried forward14 | €376k | €417k | €447k | €436k | €640k | ▲ 46.7% |
| Provisions and deferred taxes16 | - | - | €30k | €29k | €28k | ▼ 3.7% |
| Deferred taxes168 | - | - | €30k | €29k | €28k | ▼ 3.7% |
| Amounts payable17/49 | €982k | €774k | €2.42M | €2.44M | €2.05M | ▼ 15.9% |
| Amounts payable after more than one year17 | - | - | €1.63M | €1.62M | €1.20M | ▼ 26.0% |
| Financial debts170/4 | - | - | €1.63M | €1.62M | €1.20M | ▼ 26.0% |
| Amounts payable within one year42/48 | €982k | €774k | €439k | €563k | €598k | ▲ 6.1% |
| Current portion of amounts payable after more than one year42 | €2k | €1k | €13k | €11k | €64k | ▲ 507% |
| Financial debts43 | €83 | €83 | €45k | €83 | €83 | = |
| Credit institutions430/8 | €83 | €83 | €45k | €83 | €83 | = |
| Trade debts44 | €4k | €5k | €315k | €124k | €117k | ▼ 5.6% |
| Suppliers440/4 | €4k | €5k | €315k | €124k | €117k | ▼ 5.6% |
| Advances received on contracts in progress46 | €67k | €67k | - | - | - | - |
| Taxes, remuneration and social security45 | €41k | €39k | €65k | €38k | €26k | ▼ 32.0% |
| Taxes450/3 | €41k | €39k | €63k | €38k | €26k | ▼ 32.0% |
| Remuneration and social security454/9 | - | €810 | €2k | - | - | - |
| Other amounts payable47/48 | €868k | €661k | €0 | €390k | €390k | = |
| Accrued charges and deferred income492/3 | - | - | €350k | €255k | €255k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €41k | €28k | €-14k | €201k | ▲ 1,572% |
| + Depreciation and write-downs630 | €1k | €433 | €80k | €69k | €43k | ▼ 38.7% |
| Operating cash flow (approximation) | €32k | €41k | €108k | €56k | €244k | ▲ 337% |
| Investment in fixed assets (approximation) | - | €0 | €36k | €5k | €238k | ▲ 4,815% |
| Change in cash | - | €-3k | €21k | €69k | €15k | ▼ 78.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-09
State Gazette act
Resignation: DI RUPO Franco (managing director)Appointment: SUGIA ALBERTA (administratrice délégué) · Reappointments: SUGIA ALBERTA (non-statutory director) and DI RUPO Marie-France (non-statutory director)5 facts ▸
State Gazette act
Resignation: DI RUPO Franco (managing director)
Appointment: SUGIA ALBERTA (administratrice délégué) · Reappointments: SUGIA ALBERTA (non-statutory director) and DI RUPO Marie-France (non-statutory director)5 facts ▸
- General meeting, 18:30, 18:00
- Director resignation, DI RUPO Franco (managing director)
- Director appointment, SUGIA ALBERTA (administratrice délégué)
- Director reappointment, SUGIA ALBERTA (non-statutory director)
- Director reappointment, DI RUPO Marie-France (non-statutory director)
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €201k
Net result €201k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 215current ratio 4.34
Current ratio from 0.02 to 4.34; short-term debt falls from €774k to €439k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 6 days late
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
31-12
Financial
Equity above €500kEq €526k ▲9.3%
2 profitable years in a row build equity to €526k.
Show earlier events
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
SUGIA ALBERTA
CurrentAdministratrice délégué · since 04-09-2026
DI RUPO Marie-France
CurrentNon-statutory director
04-09-2026
SUGIA ALBERTA: Appointed as Administratrice délégué
03-08-2026
DI RUPO Franco: Resigned as Managing director
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Chapelle-lez-Herlaimont · 1 establishment unit since 1991
Ground area
265 m²
Building footprint
107 m²
Volume, LiDAR
611 m³
Parcel 52053B0102/00S002, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CARMY SA
since 19912.053.865.924
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52053B0102/00S002 | Wallonia | 265 m² | 2 · 107 m² | 8.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Of 3,761 companies in sector 68321 we hold annual accounts for 1,391. 805 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-08-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
43240Other construction installation
77320Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.