CARPELS JOHAN
ActiveSummary
CARPELS JOHAN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€57,500) and a net result of -€43,982. Equity is shrinking by ~67.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 36380 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-6
Solvency0▼-16
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.87 against 1.47 in 2023; short-term debt: 88.4% and cash: 5.4% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-36.9%
Return on assets
-28.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€57,500
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-11-2025, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
119 d late
2023
90 d late
2022
84 d late
2021
83 d late
2020
86 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 92 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€57,500▼ 325%
2023 · -€13,518
Total assets
€155,774▲ 4.7%
2023 · €148,769
Net result
-€43,982▼ 200%
2023 · -€14,674
Working capital
-€17,292
2023 · €34,331
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,339€634-€34,412-€11,068▲ 67.8%-€32,178▼ 191%
Net result€4,820below the sector's middle half▲ 2,990%-€4,551below the sector's middle half-€36,897below the sector's middle half▼ 711%-€14,674below the sector's middle half▲ 60.2%-€43,982below the sector's middle half▼ 200%
Equity€42,604below the sector's middle half▲ 12.8%€38,053below the sector's middle half▼ 10.7%€1,156below the sector's middle half▼ 97.0%-€13,518below the sector's middle half-€57,500below the sector's middle half▼ 325%
Total assets€189,158below the sector's middle half▼ 11.7%€191,192below the sector's middle half▲ 1.1%€183,756below the sector's middle half▼ 3.9%€148,769below the sector's middle half▼ 19.0%€155,774within the sector's middle half▲ 4.7%
Debt€146,554▼ 17.0%€153,139▲ 4.5%€182,600▲ 19.2%€162,287▼ 11.1%€213,274▲ 31.4%
Working capital€57,713▲ 2,912%€70,734▲ 22.6%€56,355▼ 20.3%€34,331▼ 39.1%-€17,292
Solvency22.5%within the sector's middle half▲ 4.9pp19.9%below the sector's middle half▼ 2.6pp0.6%below the sector's middle half▼ 19.3pp-9.1%below the sector's middle half▼ 9.7pp-36.9%below the sector's middle half▼ 27.8pp
Staff (FTE)4.2within the sector's middle half▼ 22.2%3within the sector's middle half▼ 28.6%3within the sector's middle half=2.1within the sector's middle half▼ 30.0%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €32,178 in 2024 against €11,068 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €155,774
Fixed assets
€35,352 ▼ 15.2%
Current assets
€120,422 ▲ 12.5%
Key figures and ratios
EBITDA
-€25,825▼
2023 · -€4,715
Cash flow
-€37,629▼
2023 · -€8,321
Current ratio
0.87▼
2023 · 1.47
Quick ratio
0.45▼
2023 · 0.58
Debt to equity
-3.71▲
2023 · -12.01
ROA
-28.2%▼
2023 · -9.9%
Interest coverage
-2.23▼
2023 · -1.40
Debt ≤ 1 year
€137,714▲
2023 · €72,733
Debt > 1 year
€75,560▼
2023 · €89,554
Income taxes
€229=
2023 · €229
Staff costs
€140,229▲
2023 · €103,973
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €165,711 | €204,676 | €103,973 | €140,229 | ▲ 34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,280 | €5,228 | €5,666 | €6,353 | €6,353 | = |
| Other operating charges640/8 | - | €3,934 | €4,656 | €4,081 | €5,908 | ▲ 44.8% |
| Non-recurring operating charges66A | - | €250 | €250 | €250 | - | - |
| Gross operating margin9900 | €237,502 | €175,757 | €180,836 | €103,589 | €120,312 | ▲ 16.1% |
| Operating profit (loss)9901 | -€1,339 | €634 | -€34,412 | -€11,068 | -€32,178 | ▼ 191% |
| Financial income75/76B | - | €42 | €251 | - | - | - |
| Recurring financial income75 | €366 | €42 | €251 | - | - | - |
| Financial charges65/66B | - | €6,482 | €2,736 | €3,377 | €11,575 | ▲ 243% |
| Recurring financial charges65 | €1,640 | €6,482 | €2,736 | €3,377 | €11,575 | ▲ 243% |
| Profit (loss) for the period before taxes9903 | -€2,613 | -€5,806 | -€36,897 | -€14,445 | -€43,753 | ▼ 203% |
| Income taxes67/77 | -€7,433 | -€1,255 | - | €229 | €229 | = |
| Profit (loss) for the period9904 | €4,820 | -€4,551 | -€36,897 | -€14,674 | -€43,982 | ▼ 200% |
| Profit (loss) for the period to be appropriated9905 | €4,820 | -€4,551 | -€36,897 | -€14,674 | -€43,982 | ▼ 200% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €189,158 | €191,192 | €183,756 | €148,769 | €155,774 | ▲ 4.7% |
| Fixed assets21/28 | €49,846 | €44,618 | €48,058 | €41,705 | €35,352 | ▼ 15.2% |
| Tangible fixed assets22/27 | €49,412 | €44,184 | €47,624 | €41,271 | €34,918 | ▼ 15.4% |
| Land and buildings22 | - | €44,184 | €45,802 | €39,875 | €33,949 | ▼ 14.9% |
| Furniture and vehicles24 | - | - | €1,822 | €1,396 | €969 | ▼ 30.6% |
| Financial fixed assets28 | €434 | €434 | €434 | €434 | €434 | = |
| Current assets29/58 | €139,312 | €146,574 | €135,698 | €107,064 | €120,422 | ▲ 12.5% |
| Stocks and contracts in progress3 | €20,069 | €17,795 | €65,841 | €65,212 | €58,518 | ▼ 10.3% |
| Stocks30/36 | - | €17,795 | €25,841 | €25,212 | €18,518 | ▼ 26.6% |
| Contracts in progress37 | - | - | €40,000 | €40,000 | €40,000 | = |
| Amounts receivable within one year40/41 | €61,764 | €85,173 | €61,916 | €31,126 | €53,505 | ▲ 71.9% |
| Trade receivables40 | - | €41,263 | €36,954 | €22,550 | €37,020 | ▲ 64.2% |
| Other amounts receivable41 | - | €43,910 | €24,962 | €8,576 | €16,485 | ▲ 92.2% |
| Cash at bank and in hand54/58 | €25,044 | €41,481 | €7,941 | €10,726 | €8,399 | ▼ 21.7% |
| Deferred charges and accrued income490/1 | - | €2,125 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €189,158 | €191,192 | €183,756 | €148,769 | €155,774 | ▲ 4.7% |
| Equity10/15 | €42,604 | €38,053 | €1,156 | -€13,518 | -€57,500 | ▼ 325% |
| Contributions10/11 | €18,592 | €18,592 | €20,451 | €20,451 | €20,451 | = |
| Capital10 | - | €18,592 | - | - | - | - |
| Issued capital100 | - | €18,592 | - | - | - | - |
| Reserves13 | €2,485 | €2,485 | €626 | €626 | €626 | = |
| Non-distributable reserves130/1 | - | €1,859 | - | - | - | - |
| Legal reserve130 | - | €1,859 | - | - | - | - |
| Tax-exempt reserves132 | - | €626 | €626 | €626 | €626 | = |
| Profit (loss) carried forward14 | €21,527 | €16,976 | -€19,921 | -€34,595 | -€78,577 | ▼ 127% |
| Amounts payable17/49 | €146,554 | €153,139 | €182,600 | €162,287 | €213,274 | ▲ 31.4% |
| Amounts payable after more than one year17 | €56,697 | €77,299 | €103,257 | €89,554 | €75,560 | ▼ 15.6% |
| Financial debts170/4 | - | €77,299 | €103,257 | €89,554 | €75,560 | ▼ 15.6% |
| Amounts payable within one year42/48 | €81,599 | €75,840 | €79,343 | €72,733 | €137,714 | ▲ 89.3% |
| Current portion of amounts payable after more than one year42 | - | €9,503 | €13,135 | €13,703 | €13,994 | ▲ 2.1% |
| Trade debts44 | €42,143 | €61,772 | €61,398 | €14,030 | €47,025 | ▲ 235% |
| Suppliers440/4 | - | €61,772 | €61,398 | €14,030 | €47,025 | ▲ 235% |
| Taxes, remuneration and social security45 | - | €4,565 | €4,810 | - | €4,414 | - |
| Remuneration and social security454/9 | - | €4,565 | €4,810 | - | €4,414 | - |
| Other amounts payable47/48 | - | - | - | €45,000 | €72,281 | ▲ 60.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,820 | -€4,551 | -€36,897 | -€14,674 | -€43,982 | ▼ 200% |
| + Depreciation and write-downs630 | €6,280 | €5,228 | €5,666 | €6,353 | €6,353 | = |
| Operating cash flow (approximation) | €11,100 | €677 | -€31,231 | -€8,321 | -€37,629 | ▼ 352% |
| Investment in fixed assets (approximation) | - | €0 | -€9,106 | €0 | €0 | - |
| Change in cash | - | €16,437 | -€33,540 | €2,785 | -€2,327 | ▼ 184% |
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
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2024
31-12
Financial
Weakest financial yearnet -€43,982
Net result drops to -€43,982, the lowest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 90 days late
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 84 days late
2022
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 83 days late
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 86 days late
2020
31-12
Financial
Highest result since 2018net €4,820 ▲2,990%
Net result €4,820, the highest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
31-12
Financial
Back to profitnet €156
Net result €156 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Brugge · 1 establishment unit since 1995
Ground area
193 m²
Building footprint
188 m²
Volume, LiDAR
994 m³
Parcel 31433D0078/00N004, Flanders · tallest building 11.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Moerkerkse Steenweg 241, 8310 Brugge
since 19952.069.760.858
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31433D0078/00N004 | Flanders | 193 m² | 1 · 188 m² | 11.1 m · 1 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.
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IMMO TRAVAUX & ASSOCIES
BE 0795.472.848
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BE 0743.562.111
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Of 3,960 companies in sector 43331 we hold annual accounts for 1,788. 222 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-12-1994
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
43331Floor and wall tiling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0454156473
Also
9925:BE0454156473
Registered
02-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.