CAROLINE
ActiveCAROLINE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €682k and a net result of €137k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 70% of 41 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
98
/ 100
Excellent▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+66
Solvency91▼-9
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 2.73 in 2024), and 29.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 03
Relative position
BE, all sectors
reference
Sector 03
higher
← fewer bankruptcies
more bankruptcies →
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
70.5%
Return on assets
14.1%
Age of the figures
8 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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
28 d late
2023
29 d late
2022
31 d late
2021
23 d early
2020
8 d early
2019
27 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€682k=
2024 · €682k
2018: €514k
2019: €541k
2020: €501k
2021: €545k
2022: €540k
2023: €636k
2024: €682k
2018 → 2025
Total assets
€967k▲ 11.9%
2024 · €864k
2018: €906k
2019: €913k
2020: €919k
2021: €931k
2022: €1.01M
2023: €883k
2024: €864k
2018 → 2025
Net result
€137k▲ 195%
2024 · €46k
2018: €142k
2019: €27k
2020: €60k
2021: €44k
2022: €199k
2023: €96k
2024: €46k
2018 → 2025
Working capital
€132k▼ 13.8%
2024 · €153k
2018: €56k
2019: €98k
2020: €36k
2021: €-1k
2022: €44k
2023: €156k
2024: €153k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€545k-€540k▼ 0.8%€636k▲ 17.7%€682k▲ 7.3%€682k=
Operating result€62k-€272k▲ 340%€132k▼ 51.2%€63k▼ 52.1%€179k▲ 182%
Net result€44k-€199k▲ 357%€96k▼ 52.0%€46k▼ 51.6%€137k▲ 195%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 182% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €967k
Fixed assets
€606k▼ 2.5%
Current assets
€361k▲ 49.1%
Equity and liabilities €967k
Equity
€682k=
Debt
€285k▲ 56.6%
The debt ratio rises from 21.1% to 29.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€201k▲
2024 · €88k
Cash flow
€159k▲
2024 · €71k
Solvency
70.5%▼
2024 · 78.9%
Current ratio
1.58▼
2024 · 2.73
Quick ratio
1.58▼
2024 · 2.73
Debt / equity
0.42▲
2024 · 0.27
ROE
20.1%▲
2024 · 6.8%
ROA
14.1%▲
2024 · 5.4%
Interest coverage
58.02▲
2024 · 23.60
Debt
€285k▲
2024 · €182k
Debt ≤ 1 year
€229k▲
2024 · €89k
Debt > 1 year
€56k▼
2024 · €93k
Income taxes
€47k▲
2024 · €16k
Staff costs
€246k▲
2024 · €239k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€864k€967k▲
Fixed assets21/28€622k€606k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€605k€584k▼
Land and buildings22€593k€579k▼
Plant, machinery and equipment23€7k€1k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€15k€21k▲
Current assets29/58€242k€361k▲
Amounts receivable within one year40/41€48k€49k▲
Trade receivables40€1k-
Other amounts receivable41€47k€49k▲
Cash at bank and in hand54/58€184k€301k▲
Deferred charges and accrued income490/1€10k€11k▲
Equity and liabilities
Total equity and liabilities10/49€864k€967k▲
Equity10/15€682k€682k=
Contributions10/11€74k€74k=
Reserves13€608k€608k=
Distributable reserves133€608k€608k=
Amounts payable17/49€182k€285k▲
Amounts payable after more than one year17€93k€56k▼
Financial debts170/4€93k€56k▼
Amounts payable within one year42/48€89k€229k▲
Current portion of amounts payable after more than one year42€39k€40k▲
Trade debts44€33k€28k▼
Suppliers440/4€33k€28k▼
Taxes, remuneration and social security45€17k€22k▲
Taxes450/3€9k€11k▲
Remuneration and social security454/9€8k€12k▲
Other amounts payable47/48-€139k
Accrued charges and deferred income492/3€502€187▼
Income statement
Code20242025
Remuneration, social security and pensions62€239k€246k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€22k▼
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€331k€462k▲
Operating profit (loss)9901€63k€179k▲
Financial income75/76B€2k€8k▲
Recurring financial income75€2k€8k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€62k€183k▲
Income taxes67/77€16k€47k▲
Profit (loss) for the period9904€46k€137k▲
Profit (loss) for the period to be appropriated9905€46k€137k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€137k▲
Transfer to equity691/2€46k-
To other reserves6921€46k-
Profit to be distributed694/7-€137k
Return on contributions (dividend)694-€137k
Social balance
Average headcount (FTE)90875.75.1▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 2.87
Current ratio from 1.14 to 2.87; short-term debt falls from €309k to €83k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €199k ▲357%
Operating result €272k, net result €199k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet €27k ▼81%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Knokke-Heist · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Monnikendreef 3d8300 Knokke-HeistGround area
376 m²
Building footprint
106 m²
Volume, LiDAR
877 m³
Parcel 31039E0169/00Y000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Z.431 Alles Wisselt
since 20002.060.420.550
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0169/00Y000 | Flanders | 376 m² | 1 · 106 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKnokke-Heist2.060.420.550
Dual-learning approval
2 live approvals · 6 endedMatroos zeevisserij duaal (so)
Zeevisserij duaal (so)
Similar companies · same sector, comparable size
SEMPER - CONFIDENS
BE 0455.443.803
Knokke-Heist · Eq €664k
SAFE TRIP
BE 0632.754.457
Blankenberge · Eq €704k
MARE NOSTRUM
BE 0464.036.716
Knokke-Heist · Eq €655k
CHRISTOPH
BE 0439.216.295
Kapellen · Eq €652k
ZEEMANSBLIK
BE 0420.781.050
Brugge · Eq €643k
Of 103 companies in sector 03110 we hold annual accounts for 75. 66 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1992
Fiscal year end31-12
Activities, NACEBEL
03110Fishing and aquaculture
05010
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:alconic@skynet.be