Equity
€69,369 from €386,495 in 2010
Equity fell by 82% in 15 years.
CARO
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €401,388 (2008)
€12,194▼ 27.1%
lowest -€341,569 (2013)
€7,012▼ 34.9%
peak €386,495 (2010)
€69,369▲ 11.2%
€18,626▼ 39.2%
peak 3.6 FTE (2006)
-not published
Board1 name since 2015
1 directorBENIC, Neven
Documentsfilings and deeds
07-08-20267 days late
2025micro format
Gross margin from €16,736 to €12,194Result from €10,765 to €7,012Debts from €30,626 to €18,626
Key points
from the 2025 annual accountsFilings
26 annual accounts since 2000
Ten of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
Position in the sector
78.8%
Higher solvency than 84% of companies in real estate. Sector median 28.9% · 17,190 companies.
Checked score
97
Excellent
Financially stronger than 79% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025highest value
10-2025: 0.1%▼ -0.1 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €87,995
lowers risk
Liquidity: current ratio 4.41, cash €23,100
Equity €69,369 (78.8% of total assets)
Sector: Real estate activities (NACE 68)
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 91% of them on solvency, 83% on liquidity, 75% on profitability and 67% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as CARO has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CARO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for CARO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.41 (3.3 in 2024), above the usual 1.5. Short-term debt is 21.2% and cash 26.3% of total assets. 21.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 10 filingsDeviation from the deadline
2025
7 days late
2024
28 days late
2023
20 days late
2022
31 days late
2021
11 days late
2020
27 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0466956020
Resignation: BENIC, Neven (manager)
Reappointment: BENIC, Neven (director) · General meeting of 11-12-2023 · Gazette deed
Registered office moved from Tienen to Sint-Truiden
New registered office: Kerkom-dorp 127 te 3800 Sint-Truiden · Previous registered office: Sint-Martinusstraat 19 te 3300 Tienen · General meeting of 30-11-2020 · Gazette deed
First establishment
Kerkom-Dorp 127, Sint-Truiden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CARO Sint-Truiden | €87,995 | €12,194 | 78.8% | - |
| TRADING INTERNATIONAL AGRO - MIXTE IMMO Brussels | €113,299 | €12,327 | 46.4% | - |
| AXION Zonhoven | €61,893 | €15,345 | 61.2% | - |
| GRAAF LODEWIJK Tongeren-Borgloon | €63,849 | €20,708 | 54.8% | - |
| DEMO Anderlues | €98,488 | €9,350 | 97.7% | - |
| L.V. INVEST Visé | €118,076 | €13,962 | 75.1% | - |
| BENICO Kalmthout | €111,207 | €8,888 | -20.0% | - |
These companies have the same main activity as CARO: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €61,900 and €118,000, founded between 1996 and 2001.
Official details
Source: KBO- Status
- Active since 30-09-1999Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 6 others
- Establishment unit
- 2.092.549.8213800 Sint-Truiden, since 19-10-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Insights on CARO
CARO files the micro format. That format states no turnover. The gross margin fell from €188,309 in 2006 to €12,194 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CARO
- What is the company number of CARO?
- The company number of CARO is 0466.956.020. The VAT number is the same number with BE in front: BE 0466.956.020.
- Where is CARO based?
- The registered office is at Kerkom-Dorp 127, 3800 Sint-Truiden.Company details
- What does CARO do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of CARO?
- CARO is a private limited company (BV).
- When was CARO founded?
- CARO was founded on 30-09-1999.
- Is CARO still active?
- Yes, CARO is an active enterprise in the KBO register.
- What is the turnover of CARO?
- The turnover in financial year 2025 is ≈ €47,000. This figure is estimated from the gross margin of €12,194 and 30 comparable companies (NACE 68110). It probably lies between €25,000 and €120,000. It is a rough estimate.Financials
- Is CARO profitable?
- In financial year 2025, CARO made a profit of €7,012.
- Where can I find the annual accounts of CARO?
- CARO filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CARO due?
- CARO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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