CARODEC
Bankruptcy closedInactive since 30-06-2026; last annual accounts for fiscal year 2023.
Summary
CARODEC was declared bankrupt on 02-12-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 23-06-2026, published in the Belgian State Gazette on 07-07-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
31 d late
2021
17 d early
2020
10 d late
2019
14 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Process a list How is the Wholesale of construction materials, general range sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€294,725▼ 85.8%
2022 · -€158,613
Working capital
-€186,729▲ 44.7%
2022 · -€337,522
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€55,997▼ 1,354%-€294,826▼ 427%-€1,962▲ 99.3%-€122,727▼ 6,156%-€259,543▼ 111%
Net result€8,373▼ 78.8%-€297,391below the sector's middle half-€25,898below the sector's middle half▲ 91.3%-€158,613below the sector's middle half▼ 512%-€294,725below the sector's middle half▼ 85.8%
Equity€341,482▲ 227%€44,091below the sector's middle half▼ 87.1%€18,193below the sector's middle half▼ 58.7%-€140,220below the sector's middle half€15,055below the sector's middle half
Total assets€1.7m▼ 1.8%€2.2mwithin the sector's middle half▲ 27.6%€2.2mwithin the sector's middle half▼ 2.7%€1.9mwithin the sector's middle half▼ 12.3%€2.0mwithin the sector's middle half▲ 3.5%
Debt€1.4m▼ 16.1%€2.2m▲ 55.4%€2.1m▼ 1.6%€2.0m▼ 6.8%€2.0m▼ 2.6%
Working capital€219,276€317,720within the sector's middle half▲ 44.9%-€183,688below the sector's middle half-€337,522below the sector's middle half▼ 83.7%-€186,729below the sector's middle half▲ 44.7%
Solvency19.5%▲ 13.7pp2.0%below the sector's middle half▼ 17.6pp0.8%below the sector's middle half▼ 1.1pp-7.4%below the sector's middle half▼ 8.2pp0.8%below the sector's middle half▲ 8.1pp
Current ratio1.19▲ 0.291.22within the sector's middle half▲ 0.030.91below the sector's middle half▼ 0.310.83below the sector's middle half▼ 0.080.90below the sector's middle half▲ 0.07
Return on assets (ROA)0.5%▼ 1.7pp-13.3%below the sector's middle half▼ 13.8pp-1.2%below the sector's middle half▲ 12.2pp-8.3%below the sector's middle half▼ 7.2pp-15.0%below the sector's middle half▼ 6.6pp
Staff (FTE)18.1▲ 2.8%18.7within the sector's middle half▲ 3.3%21.1within the sector's middle half▲ 12.8%18.4within the sector's middle half▼ 12.8%16.3within the sector's middle half▼ 11.4%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €259,543 in 2023 against €122,727 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.0m
Fixed assets
€303,520 ▼ 1.8%
Current assets
€1.7m ▲ 4.5%
Equity and liabilities €2.0m
Equity
€15,055
Debt
€2.0m
Debt finances 99.2% of the balance-sheet total.
Key figures and ratios
EBITDA
-€183,125▼
2022 · -€48,414
Cash flow
-€218,308▼
2022 · -€84,300
Quick ratio
0.47▲
2022 · 0.42
Interest coverage
-2.99▼
2022 · -0.88
Debt ≤ 1 year
€1.8m▼
2022 · €1.9m
Debt > 1 year
€100,967▲
2022 · €73,379
Income taxes
€365▼
2022 · €754
Staff costs
€1.0m▼
2022 · €1.2m
A ratio outside any meaningful range has been withheld (balance sheet total €2.0m, equity €15,055).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €1.1m | €1.2m | €1.0m | ▼ 14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,603 | €86,468 | €99,567 | €74,313 | €76,417 | ▲ 2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €75 | €27,150 | €0 | ▼ 100% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | -€37,993 | - |
| Other operating charges640/8 | - | - | €119,707 | €36,401 | €42,921 | ▲ 17.9% |
| Non-recurring operating charges66A | - | - | €301 | €0 | - | - |
| Gross operating margin9900 | €974,726 | €855,058 | €1.3m | €1.2m | €824,016 | ▼ 30.8% |
| Operating profit (loss)9901 | -€55,997 | -€294,826 | -€1,962 | -€122,727 | -€259,543 | ▼ 111% |
| Financial income75/76B | - | - | €27,697 | €19,728 | €26,506 | ▲ 34.4% |
| Recurring financial income75 | €95,633 | €40,429 | €27,697 | €19,728 | €26,506 | ▲ 34.4% |
| Financial charges65/66B | - | - | €51,592 | €54,860 | €61,324 | ▲ 11.8% |
| Recurring financial charges65 | €31,505 | €41,668 | €51,592 | €54,860 | €61,324 | ▲ 11.8% |
| Profit (loss) for the period before taxes9903 | €8,338 | -€296,065 | -€25,856 | -€157,859 | -€294,360 | ▼ 86.5% |
| Income taxes67/77 | -€36 | €1,326 | €41 | €754 | €365 | ▼ 51.6% |
| Profit (loss) for the period9904 | €8,373 | -€297,391 | -€25,898 | -€158,613 | -€294,725 | ▼ 85.8% |
| Profit (loss) for the period to be appropriated9905 | €8,373 | -€297,391 | -€25,898 | -€158,613 | -€294,725 | ▼ 85.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €2.2m | €2.2m | €1.9m | €2.0m | ▲ 3.5% |
| Fixed assets21/28 | €370,234 | €440,096 | €356,008 | €309,107 | €303,520 | ▼ 1.8% |
| Intangible fixed assets21 | €8,139 | €3,201 | €0 | €0 | - | - |
| Tangible fixed assets22/27 | €351,818 | €426,618 | €345,731 | €299,429 | €294,031 | ▼ 1.8% |
| Land and buildings22 | - | - | €63,617 | €75,527 | €64,119 | ▼ 15.1% |
| Plant, machinery and equipment23 | - | - | €212,499 | €176,450 | €208,480 | ▲ 18.2% |
| Furniture and vehicles24 | - | - | €4,095 | €6,918 | €5,883 | ▼ 15.0% |
| Leasing and similar rights25 | - | - | €65,520 | €40,535 | €15,550 | ▼ 61.6% |
| Financial fixed assets28 | €10,277 | €10,277 | €10,277 | €9,678 | €9,489 | ▼ 2.0% |
| Current assets29/58 | €1.4m | €1.8m | €1.8m | €1.6m | €1.7m | ▲ 4.5% |
| Stocks and contracts in progress3 | €799,202 | €820,156 | €969,260 | €776,544 | €794,176 | ▲ 2.3% |
| Stocks30/36 | - | - | €969,260 | €776,544 | €794,176 | ▲ 2.3% |
| Amounts receivable within one year40/41 | €514,705 | €725,766 | €744,839 | €720,136 | €819,240 | ▲ 13.8% |
| Trade receivables40 | - | - | €724,649 | €578,643 | €439,190 | ▼ 24.1% |
| Other amounts receivable41 | - | - | €20,190 | €141,493 | €380,050 | ▲ 169% |
| Cash at bank and in hand54/58 | €47,538 | €212,682 | €79,323 | €73,306 | €32,840 | ▼ 55.2% |
| Deferred charges and accrued income490/1 | - | - | €18,289 | €21,326 | €16,650 | ▼ 21.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €2.2m | €2.2m | €1.9m | €2.0m | ▲ 3.5% |
| Equity10/15 | €341,482 | €44,091 | €18,193 | -€140,220 | €15,055 | ▲ 111% |
| Contributions10/11 | €380,000 | €380,000 | €380,000 | €380,200 | €830,200 | ▲ 118% |
| Reserves13 | €123,622 | €123,622 | €123,622 | €123,622 | €123,622 | = |
| Non-distributable reserves130/1 | - | - | €12,876 | €12,876 | €12,876 | = |
| Reserves not available under the articles1311 | - | - | €12,876 | €12,876 | €12,876 | = |
| Tax-exempt reserves132 | - | - | €43,052 | €43,052 | €43,052 | = |
| Distributable reserves133 | - | - | €67,694 | €67,694 | €67,694 | = |
| Profit (loss) carried forward14 | -€162,140 | -€459,531 | -€485,429 | -€644,042 | -€938,767 | ▼ 45.8% |
| Provisions and deferred taxes16 | - | - | - | €37,993 | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | - | - | - | €37,993 | €0 | ▼ 100% |
| Other liabilities and charges164/5 | - | - | - | €37,993 | €0 | ▼ 100% |
| Amounts payable17/49 | €1.4m | €2.2m | €2.1m | €2.0m | €2.0m | ▼ 2.6% |
| Amounts payable after more than one year17 | €247,558 | €713,022 | €152,029 | €73,379 | €100,967 | ▲ 37.6% |
| Financial debts170/4 | - | - | €152,029 | €73,379 | €100,967 | ▲ 37.6% |
| Amounts payable within one year42/48 | €1.2m | €1.5m | €2.0m | €1.9m | €1.8m | ▼ 4.1% |
| Current portion of amounts payable after more than one year42 | - | - | €122,748 | €179,170 | €96,987 | ▼ 45.9% |
| Financial debts43 | - | - | €750,000 | €750,000 | €750,000 | = |
| Credit institutions430/8 | - | - | €750,000 | €750,000 | €750,000 | = |
| Trade debts44 | €270,471 | €581,513 | €767,303 | €677,166 | €821,371 | ▲ 21.3% |
| Suppliers440/4 | - | - | €767,303 | €677,166 | €821,371 | ▲ 21.3% |
| Advances received on contracts in progress46 | - | - | €111,485 | €4,433 | €4,539 | ▲ 2.4% |
| Taxes, remuneration and social security45 | - | - | €161,892 | €149,639 | €170,049 | ▲ 13.6% |
| Taxes450/3 | - | - | €10,071 | €12,416 | €9,708 | ▼ 21.8% |
| Remuneration and social security454/9 | - | - | €151,821 | €137,223 | €160,341 | ▲ 16.8% |
| Other amounts payable47/48 | - | - | €81,970 | €168,425 | €6,691 | ▼ 96.0% |
| Accrued charges and deferred income492/3 | - | - | €2,097 | €432 | €768 | ▲ 77.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,373 | -€297,391 | -€25,898 | -€158,613 | -€294,725 | ▼ 85.8% |
| + Depreciation and write-downs630 | €81,603 | €86,468 | €99,567 | €74,313 | €76,417 | ▲ 2.8% |
| Operating cash flow (approximation) | €89,977 | -€210,923 | €73,669 | -€84,300 | -€218,308 | ▼ 159% |
| Investment in fixed assets (approximation) | - | -€156,330 | -€15,478 | -€27,413 | -€70,830 | ▼ 158% |
| Change in cash | - | €165,144 | -€133,359 | -€6,017 | -€40,466 | ▼ 573% |
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
2026
07-07
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · event 23-06-2026
2024
06-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 02-12-2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
31-12
Financial
Weakest financial yearnet -€297,391
Net result drops to -€297,391, the lowest in the series.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
2019
31-12
Financial
Equity above €200,000Eq €341,482 ▲227%
2 profitable years in a row build equity to €341,482.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
01-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
16 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, Oudergem
Ground area
6,412 m²
Building footprint
363 m²
Volume, LiDAR
2,576 m³
Parcel 21332B0384/00D002, Brussels · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0384/00D002 | Brussels | 6,412 m² | 1 · 363 m² | 11.4 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN GOLDSCHMIDT CHAUSSEE DE LA HULPE 150,
1170 03 WATERMAEL-BOITSFORT |
02-12-2024 → 23-06-2026 |
Structure & network
Owners and holdings
1 ownerChain of control
- BATI GROUPE
- CARODEC
Highest known parent: BATI GROUPE. The sources do not say who stands above it.
Owners 1
- BATI GROUPEparent99.97%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 1,805 companies in sector 46831 we hold annual accounts for 1,399. 375 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded12-12-1979
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.