Carpenter Engineered Foams Belgium
ActiveSummary
The computed 12-month bankruptcy probability of Carpenter Engineered Foams Belgium is 2.3% (moderate). The 2025 annual accounts show equity of €34.7m and a net result of -€4.5m. Equity has been shrinking by about 4.1% per year since 2022. Its solvency ranks better than 32% of 317 sector peers (NACE 20, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 25-01-2022 Normal situation
- Registered office
- 46 active companies are registered at this address 5 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Manufacture of chemicals and chemical products NACE 20160and 5 others
- Joint committee
- 207 White-collar workers in the chemical industry · annual accounts 2025
- Establishment units
- 2.327.179.656 9230 Wetteren, since 25-01-2022
- 2.328.619.414 1831 Machelen (Brab.), since 25-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2025
Board and ownership
- Beauchamp BradfordDirector · since 12-06-2023
- Frank SanderDirector · since 12-06-2023
- Kurt DerieuwDirector · since 12-06-2023
- Auditor
- KPMG Bedrijfsrevisoren BV/SRL
- Carpenter Europe100%annual accounts 2025
- Carpenter Holdings, Inc.consolidatesannual accounts 2025
- Holdings
- Shares in 1 company Carpenter Engineered Foams India Private Limited
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.3%
- Turnover
- €59.1m
- ▼ 10.2%
- Loss
- €4.5m
- ▲ 223%
- Equity
- €34.7m
- ▼ 11.5%
- Total assets
- €94.4m
- ▼ 5.2%
- Employees on 31-12-2025
- 300
- ▼ 15.0%
Score breakdownraises riskLiquidity: current ratio 1.071 of the last 3 accounts lateFounded in 2022lowers riskSize: turnover €59.1m, 292.8 FTE, total assets €94.4mShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 20, large). It does better than 36% of them on solvency, 99% on liquidity, 49% on profitability and 20% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 4 accounts on average 53 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)Permanent representative: Brecht Buysschaert
- · Gazette deed General meeting of 11-03-2024
- · Gazette deed 1 statutory auditor appointed, 1 statutory auditor resigningResignation: PwC Bedrijfsrevisoren BV (statutory auditor) · Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor) · Permanent representative: Brecht Buysschaert
Comparable companies
These companies have the same main activity as Carpenter Engineered Foams Belgium: manufacture of chemicals and chemical products (NACE 20160). They are comparable in size and age: total assets between €23m and €211m, founded between 2004 and 2022.
| Company | Total assets | Turnover |
|---|---|---|
| Carpenter Engineered Foams Belgium Machelen (Brab.) | €94.4m | €59.1m |
| Celanese Performance Solutions Belgium Mechelen | €57.1m | €41.9m |
| RAVAGO PRODUCTION Arendonk | €32.7m | €37.0m |
| Trinseo Belgium Tessenderlo-Ham | €22.8m | €28.0m |
| INEOS MANUFACTURING BELGIUM Antwerp | €211.0m | €106.2m |
| Kingspan Insulation Turnhout | €22.8m | €32.7m |
| INEOS STYROLUTION BELGIUM Antwerp | €126.2m | €209.5m |
Key facts about Carpenter Engineered Foams Belgium
- What is the company number of Carpenter Engineered Foams Belgium?
- The company number of Carpenter Engineered Foams Belgium is 0780.876.031. The VAT number is the same number with BE in front: BE 0780.876.031.
- Where is Carpenter Engineered Foams Belgium based?
- The registered office is at Culliganlaan 2 F, 1831 Machelen (Brab.).Company details
- What does Carpenter Engineered Foams Belgium do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20160).
- What is the legal form of Carpenter Engineered Foams Belgium?
- Carpenter Engineered Foams Belgium is a private limited company (BV).
- When was Carpenter Engineered Foams Belgium founded?
- Carpenter Engineered Foams Belgium was founded on 25-01-2022.
- Is Carpenter Engineered Foams Belgium still active?
- Yes, Carpenter Engineered Foams Belgium is an active enterprise in the KBO register.
- How many employees does Carpenter Engineered Foams Belgium have?
- Carpenter Engineered Foams Belgium had an average of 292.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Carpenter Engineered Foams Belgium fall under?
- In its 2025 annual accounts, Carpenter Engineered Foams Belgium states joint committee 207 (White-collar workers in the chemical industry).
- What is the turnover of Carpenter Engineered Foams Belgium?
- The turnover of Carpenter Engineered Foams Belgium was €59.1m in financial year 2025, according to the filed annual accounts.
- Is Carpenter Engineered Foams Belgium profitable?
- In financial year 2025, Carpenter Engineered Foams Belgium made a loss of €4.5m.
- Where can I find the annual accounts of Carpenter Engineered Foams Belgium?
- Carpenter Engineered Foams Belgium filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Carpenter Engineered Foams Belgium due?
- Carpenter Engineered Foams Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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