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CARO BUILDING

Active
Public limited companyfounded 198541 yrs activeFlamingostraat 12, 8400 Oostende, BelgiumKBO/BCE: BE 0427.698.239
Summary

CARO BUILDING has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €725,500 and a net result of €198,854. Equity is shrinking by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 11002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
CARO BUILDINGActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101NACE 70120
1 site
Size
€785,047total assets 2025
Equity
€725,500
Profit
€198,854
Turnover not published (abridged schema)
Financial health
97 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 14 d early0 of 4 deeds read
Why 97+ Size: total assets €785,047+ Equity €725,500 (92.4% of total assets)+ Founded in 1985+ Liquidity: current ratio 13.18, cash €99,846Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 73% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 92.4% of total assets
Liquidity 66+5
short-term debt 7.6% · cash 12.7%
Profitability 50+50
return on assets 25.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,526 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%▲ +2.3% vs 11-2024 01-2025: < 0.1%▲ +4.4% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%▲ +6.4% vs 02-2025 04-2025: 0.1%▲ +18.0% vs 03-2025 05-2025: 0.2%▲ +190% vs 04-2025 06-2025: 0.2%● 0.0% vs 05-2025 07-2025: 0.2%● 0.0% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%▼ -2.9% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▲ +10.2% vs 12-2025 02-2026: 0.2%▲ +0.5% vs 01-2026 03-2026: 0.2%▲ +4.3% vs 02-2026 04-2026: 0.2%▲ +20.3% vs 03-2026highest value 05-2026: < 0.1%▼ -87.9% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%● 0.0% vs 06-2026 08-2026: < 0.1%● 0.0% vs 07-2026 09-2026: < 0.1%● 0.0% vs 08-2026 10-2026: < 0.1%▼ -3.6% vs 09-2026lowest value
  • Size: total assets €785,047 lowers the probability for this profile
  • Equity €725,500 (92.4% of total assets) lowers the probability
  • Founded in 1985 lowers the probability for this profile
  • Liquidity: current ratio 13.18, cash €99,846 lowers the probability
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 13.18 against 15.82 in 2024; short-term debt: 7.6% and cash: 12.7% of total assets), and 7.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 91%, liquidity 77%, profitability 42%, growth against the median 83%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Size: total assets €785,047
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Equity €725,500 (92.4% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1985
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 13.18, cash €99,846
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €725,500
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-04-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 d early
2024
15 d early
2023
11 d early
2022
4 d early
2021
4 d early
2020
16 d early
2019
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 20 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close05-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €198,854
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€125,728 in 2024 €198,854 View
  • Positive: Among the best 9% on solvencysector median 31.3% · 11,002 companies 92.4% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€785,047
Profit
€198,854
Solvency
92.4%
Total assets▲ 39.7%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 30-04-2027
  1. 16-04-2026Annual accounts filed
  2. 30-09-2025Back to profit
  3. 15-04-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
07-08-1985
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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