CARPENTIER CONSTRUCT
ActiveSummary
CARPENTIER CONSTRUCT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512,002 and a net result of €30,952. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 1038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-2
Solvency69▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 3.61 against 4.41 in 2024; short-term debt: 11.5% and cash: 11.2% of total assets), but 56.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← 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
43.9%
Return on assets
2.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-12-2025, 36 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
36 d early
2024
28 d early
2023
63 d early
2022
32 d early
2021
5 d early
2020
2 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€512,002▲ 6.4%
2024 · €481,049
Total assets
€1.2m▲ 0.7%
2024 · €1.2m
Net result
€30,952▼ 37.4%
2024 · €49,455
Working capital
€350,171▲ 2.1%
2024 · €343,021
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€133,033▲ 46.3%€102,187▼ 23.2%€70,744▼ 30.8%€79,161▲ 11.9%€53,317▼ 32.6%
Net result€107,063▲ 45.4%€81,339▼ 24.0%€51,607▼ 36.6%€49,455▼ 4.2%€30,952▼ 37.4%
Equity€298,648▲ 55.9%€379,988▲ 27.2%€431,594▲ 13.6%€481,049▲ 11.5%€512,002▲ 6.4%
Total assets€590,094▼ 5.7%€1.1m▲ 91.9%€1.2m▲ 9.3%€1.2m▼ 6.4%€1.2m▲ 0.7%
Debt€291,446▼ 32.9%€752,603▲ 158%€805,897▲ 7.1%€677,420▼ 15.9%€654,433▼ 3.4%
Working capital€264,364▲ 107%€244,919▼ 7.4%€280,608▲ 14.6%€343,021▲ 22.2%€350,171▲ 2.1%
Staff (FTE)1.3▼ 31.6%1.3=0.4▼ 69.2%0.1▼ 75.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2022 Total assets +92% on 2021. Cause not known from the registers.
- 2021 Equity +56% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€681,934 ▼ 4.6%
Current assets
€484,501 ▲ 9.2%
Equity and liabilities €1.2m
Equity
€512,002 ▲ 6.4%
Debt
€654,433 ▼ 3.4%
Debt's share of the balance-sheet total falls from 58.5% to 56.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€114,474▼
2024 · €148,771
Cash flow
€92,110▼
2024 · €119,064
Current ratio
3.61▼
2024 · 4.41
Quick ratio
1.89▼
2024 · 3.34
Debt to equity
1.28▼
2024 · 1.41
ROE
6.0%▼
2024 · 10.3%
ROA
2.7%▼
2024 · 4.3%
Interest coverage
7.02▼
2024 · 8.26
Debt ≤ 1 year
€134,330▲
2024 · €100,458
Debt > 1 year
€520,053▼
2024 · €576,962
Income taxes
€8,243▼
2024 · €14,817
Staff costs
€1,250▼
2024 · €15,472
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,637 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 1,637 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €213 | €1,311 | - | - | - |
| Remuneration, social security and pensions62 | - | €60,117 | €21,748 | €15,472 | €1,250 | ▼ 91.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,286 | €33,076 | €61,399 | €69,609 | €61,158 | ▼ 12.1% |
| Other operating charges640/8 | - | €73,866 | €2,872 | €5,849 | €8,418 | ▲ 43.9% |
| Gross operating margin9900 | €249,439 | €269,245 | €156,763 | €170,092 | €124,142 | ▼ 27.0% |
| Operating profit (loss)9901 | €133,033 | €102,187 | €70,744 | €79,161 | €53,317 | ▼ 32.6% |
| Financial income75/76B | - | €1,719 | €2,871 | €3,131 | €2,195 | ▼ 29.9% |
| Recurring financial income75 | €1,606 | €1,719 | €2,871 | €3,131 | €2,195 | ▼ 29.9% |
| Financial charges65/66B | - | €2,277 | €17,386 | €18,021 | €16,316 | ▼ 9.5% |
| Recurring financial charges65 | €1,298 | €2,277 | €17,386 | €18,021 | €16,316 | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | €133,341 | €101,629 | €56,230 | €64,272 | €39,196 | ▼ 39.0% |
| Income taxes67/77 | €26,277 | €20,289 | €4,623 | €14,817 | €8,243 | ▼ 44.4% |
| Profit (loss) for the period9904 | €107,063 | €81,339 | €51,607 | €49,455 | €30,952 | ▼ 37.4% |
| Transfer to tax-exempt reserves689 | - | - | - | €21,050 | - | - |
| Profit (loss) for the period to be appropriated9905 | €107,063 | €81,339 | €51,607 | €28,405 | €30,952 | ▲ 9.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €590,094 | €1.1m | €1.2m | €1.2m | €1.2m | ▲ 0.7% |
| Fixed assets21/28 | €82,060 | €683,996 | €785,684 | €714,991 | €681,934 | ▼ 4.6% |
| Intangible fixed assets21 | €1 | €1 | €1 | €1 | €1 | = |
| Tangible fixed assets22/27 | €81,924 | €678,860 | €780,548 | €714,855 | €681,798 | ▼ 4.6% |
| Land and buildings22 | - | €575,761 | €553,911 | €530,750 | €507,588 | ▼ 4.4% |
| Plant, machinery and equipment23 | - | - | €3,635 | €2,821 | €2,007 | ▼ 28.9% |
| Furniture and vehicles24 | - | €71,861 | €48,897 | €24,865 | €11,331 | ▼ 54.4% |
| Other tangible fixed assets26 | - | €31,238 | €174,104 | €156,419 | €160,872 | ▲ 2.8% |
| Financial fixed assets28 | €135 | €5,135 | €5,135 | €135 | €135 | = |
| Current assets29/58 | €508,034 | €448,594 | €451,807 | €443,479 | €484,501 | ▲ 9.2% |
| Amounts receivable after more than one year29 | - | - | - | €70,000 | €70,000 | = |
| Other amounts receivable291 | - | - | - | €70,000 | €70,000 | = |
| Stocks and contracts in progress3 | €60,290 | €136,434 | €128,079 | €107,500 | €230,968 | ▲ 115% |
| Stocks30/36 | - | €57,290 | €96,040 | €89,500 | €167,635 | ▲ 87.3% |
| Contracts in progress37 | - | €79,144 | €32,040 | €18,000 | €63,333 | ▲ 252% |
| Amounts receivable within one year40/41 | €91,802 | €167,997 | €128,164 | €49,041 | €47,338 | ▼ 3.5% |
| Trade receivables40 | - | €162,475 | €106,157 | €41,828 | €45,358 | ▲ 8.4% |
| Other amounts receivable41 | - | €5,522 | €22,007 | €7,213 | €1,981 | ▼ 72.5% |
| Cash at bank and in hand54/58 | €278,681 | €139,781 | €190,666 | €210,895 | €130,682 | ▼ 38.0% |
| Deferred charges and accrued income490/1 | - | €4,382 | €4,897 | €6,044 | €5,512 | ▼ 8.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €590,094 | €1.1m | €1.2m | €1.2m | €1.2m | ▲ 0.7% |
| Equity10/15 | €298,648 | €379,988 | €431,594 | €481,049 | €512,002 | ▲ 6.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €279,860 | €360,860 | €412,860 | €461,910 | €492,910 | ▲ 6.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €21,050 | €21,050 | = |
| Distributable reserves133 | - | €359,000 | €411,000 | €440,860 | €471,860 | ▲ 7.0% |
| Profit (loss) carried forward14 | €188 | €528 | €134 | €539 | €492 | ▼ 8.8% |
| Amounts payable17/49 | €291,446 | €752,603 | €805,897 | €677,420 | €654,433 | ▼ 3.4% |
| Amounts payable after more than one year17 | €47,776 | €548,530 | €634,698 | €576,962 | €520,053 | ▼ 9.9% |
| Financial debts170/4 | - | €548,530 | €634,698 | €576,962 | €520,053 | ▼ 9.9% |
| Amounts payable within one year42/48 | €243,670 | €203,675 | €171,199 | €100,458 | €134,330 | ▲ 33.7% |
| Current portion of amounts payable after more than one year42 | - | €46,864 | €67,617 | €57,736 | €56,909 | ▼ 1.4% |
| Trade debts44 | €35,192 | €134,895 | €66,757 | €23,630 | €72,738 | ▲ 208% |
| Suppliers440/4 | - | €134,895 | €66,757 | €23,630 | €72,738 | ▲ 208% |
| Taxes, remuneration and social security45 | - | €5,037 | €2,729 | €1,942 | €2,193 | ▲ 12.9% |
| Taxes450/3 | - | €3,128 | €2,354 | €1,942 | €1,821 | ▼ 6.3% |
| Remuneration and social security454/9 | - | €1,909 | €374 | - | €373 | - |
| Other amounts payable47/48 | - | €16,879 | €34,096 | €17,149 | €2,490 | ▼ 85.5% |
| Accrued charges and deferred income492/3 | - | €398 | - | - | €49 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €107,063 | €81,339 | €51,607 | €49,455 | €30,952 | ▼ 37.4% |
| + Depreciation and write-downs630 | €53,286 | €33,076 | €61,399 | €69,609 | €61,158 | ▼ 12.1% |
| Operating cash flow (approximation) | €160,349 | €114,415 | €113,006 | €119,064 | €92,110 | ▼ 22.6% |
| Investment in fixed assets (approximation) | - | -€635,012 | -€163,087 | €1,084 | -€28,101 | ▼ 2,691% |
| Change in cash | - | -€138,900 | €50,885 | €20,228 | -€80,212 | ▼ 497% |
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
Next filing, fiscal year 2026, expected by
2026
24-03
State Gazette act
Appointment: Simon Carpentier (director)2 facts ▸
State Gazette act
Appointment: Simon Carpentier (director)
2 facts ▸
- General meeting, 01/07/2024
- Director appointment, Simon Carpentier (director)
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Weakest financial yearnet €30,952 ▼37.4%
Net result drops to €30,952, the lowest in the series.
30-06
Financial
Equity above €500,000Eq €512,002 ▲6.4%
7 profitable years in a row build equity to €512,002.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €107,063 ▲45.4%
Operating result €133,033, net result €107,063, both a record.
30-06
Financial
Equity above €200,000Eq €298,648 ▲55.9%
3 profitable years in a row build equity to €298,648.
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
30-06
Financial
Equity above €150,000Eq €191,585 ▲62.4%
2 profitable years in a row build equity to €191,585.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
15-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2024
Simon Carpentier
CurrentDirector · since 01-07-2024
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ieper · 1 establishment unit since 2017
Ground area
1,738 m²
Building footprint
278 m²
Volume, LiDAR
1,512 m³
Parcel 33026A0599/00A003, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CARPENTIER CONSTRUCT
since 20172.267.301.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33026A0599/00A003 | Flanders | 1,738 m² | 1 · 278 m² | 8.0 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.
Mandate history
1 person since 2024, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Simon Carpentier |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Recognitions · licences · registrations
Recognised contractor
4 categoriesCARPENTIER CONSTRUCT BV39120
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Of 3,984 companies in sector 25110 we hold annual accounts for 2,145. 1,552 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
Founded30-08-2017
Fiscal year end30-06
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
E-invoicing
Reachable via Peppol
Peppol ID
0208:0680554770
Also
9925:BE0680554770
Registered
17-06-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.