The file of CAROLOTEL contains 7 judicial reorganisation notices, as published in the Belgian Official Gazette.
Summary
During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€732,467) and a net result of -€54,160. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 501 sector peers (NACE 55, financial year 2025).
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Parent
Immo - Sambre · 99.8%
Auditor: F.C.G. REVISEURS D'ENTREPRISESAccounts 36 days early2 of 6 deeds read
Signalsraises riskNegative equityReorganisation plan being carried outneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. There is no bankruptcy probability for this company, so the score rests on the figures alone.
21/ 100
Critical
Without a bankruptcy probability: score from the figures alone
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. Without a bankruptcy probability, this company's Checked score rests on these figures.
Weak
Solvency0=
equity -103.7% of total assets
Liquidity18-7
short-term debt 75.1% · cash 6.6%
Profitability45-55
return on assets -7.7%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.43, compared with 0.47 in 2024, below 1; short-term debt: 75.1% and cash: 6.6% of total assets), and equity is negative.
Signals
Three signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% 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 20 July (4 of the last 5 filed years within 31 days of that day).