CARRADAR
ActiveSummary
CARRADAR has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €710,607 and a net result of €134,283. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 72% of 10485 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-3
Solvency85▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 2.52 against 1.91 in 2024; short-term debt: 38.3% and cash: 57.3% of total assets), and 40.2% of the assets are financed with debt.
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Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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
59.8%
Return on assets
11.3%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
24 d late
2024
28 d early
2023
34 d early
2022
34 d early
2021
33 d early
2020
26 d late
2019
31 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 7 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€710,607▲ 23.3%
2024 · €576,324
Total assets
€1.2m▲ 0.2%
2024 · €1.2m
Net result
€134,283▼ 17.8%
2024 · €163,348
Working capital
€689,208▲ 28.8%
2024 · €535,005
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20212022202320242025
Operating result€166,477▼ 4.6%€307,620▲ 84.8%€371,620▲ 20.8%€248,219▼ 33.2%€209,207▼ 15.7%
Net result€126,157above the sector's middle half▼ 6.0%€225,626above the sector's middle half▲ 78.8%€295,917above the sector's middle half▲ 31.2%€163,348above the sector's middle half▼ 44.8%€134,283above the sector's middle half▼ 17.8%
Equity€362,888within the sector's middle half▲ 53.3%€588,514within the sector's middle half▲ 62.2%€884,431above the sector's middle half▲ 50.3%€576,324within the sector's middle half▼ 34.8%€710,607above the sector's middle half▲ 23.3%
Total assets€688,950within the sector's middle half▼ 14.3%€878,618within the sector's middle half▲ 27.5%€1.3mwithin the sector's middle half▲ 48.1%€1.2mwithin the sector's middle half▼ 8.9%€1.2mwithin the sector's middle half▲ 0.2%
Debt€326,062▼ 42.5%€290,104▼ 11.0%€416,925▲ 43.7%€609,341▲ 46.2%€477,510▼ 21.6%
Working capital€355,232▲ 57.9%€519,692▲ 46.3%€785,570▲ 51.2%€535,005▼ 31.9%€689,208▲ 28.8%
Solvency52.7%within the sector's middle half▲ 23.2pp67.0%above the sector's middle half▲ 14.3pp68.0%above the sector's middle half▲ 1.0pp48.6%within the sector's middle half▼ 19.4pp59.8%within the sector's middle half▲ 11.2pp
Staff (FTE)0below the sector's middle half1below the sector's middle half0.9below the sector's middle half▼ 10.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€44,297 ▼ 27.5%
Current assets
€1.1m ▲ 1.7%
Equity and liabilities €1.2m
Equity
€710,607 ▲ 23.3%
Debt
€477,510 ▼ 21.6%
Debt's share of the balance-sheet total falls from 51.4% to 40.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€227,664▼
2024 · €265,283
Cash flow
€152,740▼
2024 · €180,412
Current ratio
2.52▲
2024 · 1.91
Quick ratio
1.75▲
2024 · 1.51
Debt to equity
0.67▼
2024 · 1.06
ROE
18.9%▼
2024 · 28.3%
ROA
11.3%▼
2024 · 13.8%
Interest coverage
8.36▼
2024 · 10.46
Debt ≤ 1 year
€454,613▼
2024 · €589,568
Income taxes
€47,712▼
2024 · €59,503
Staff costs
€38,274▲
2024 · €32,446
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 26,964 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 | €0 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €32,446 | €38,274 | ▲ 18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,390 | €18,987 | €19,903 | €17,064 | €18,457 | ▲ 8.2% |
| Other operating charges640/8 | €2,532 | €4,932 | €14,871 | €3,800 | €4,149 | ▲ 9.2% |
| Non-recurring operating charges66A | - | €28 | €0 | €4,256 | €0 | ▼ 100% |
| Gross operating margin9900 | €188,400 | €331,568 | €406,393 | €305,786 | €270,087 | ▼ 11.7% |
| Operating profit (loss)9901 | €166,477 | €307,620 | €371,620 | €248,219 | €209,207 | ▼ 15.7% |
| Financial income75/76B | €26 | €9 | €34,368 | €0 | €5 | ▲ 9,980% |
| Recurring financial income75 | €26 | €9 | €6 | €0 | €5 | ▲ 9,980% |
| Non-recurring financial income76B | - | - | €34,362 | €0 | - | - |
| Financial charges65/66B | €1,480 | €2,188 | €4,499 | €25,368 | €27,218 | ▲ 7.3% |
| Recurring financial charges65 | €1,480 | €2,188 | €4,499 | €25,368 | €27,218 | ▲ 7.3% |
| Profit (loss) for the period before taxes9903 | €165,024 | €305,441 | €401,489 | €222,851 | €181,994 | ▼ 18.3% |
| Income taxes67/77 | €38,867 | €79,815 | €105,572 | €59,503 | €47,712 | ▼ 19.8% |
| Profit (loss) for the period9904 | €126,157 | €225,626 | €295,917 | €163,348 | €134,283 | ▼ 17.8% |
| Profit (loss) for the period to be appropriated9905 | €126,157 | €225,626 | €295,917 | €163,348 | €134,283 | ▼ 17.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €688,950 | €878,618 | €1.3m | €1.2m | €1.2m | ▲ 0.2% |
| Fixed assets21/28 | €25,746 | €72,780 | €100,203 | €61,093 | €44,297 | ▼ 27.5% |
| Tangible fixed assets22/27 | €25,746 | €72,780 | €100,203 | €61,093 | €44,297 | ▼ 27.5% |
| Land and buildings22 | €4,930 | €4,266 | €3,602 | €2,937 | €2,273 | ▼ 22.6% |
| Plant, machinery and equipment23 | €1,682 | €811 | €1,236 | €1,984 | €2,056 | ▲ 3.6% |
| Furniture and vehicles24 | €19,133 | €67,703 | €95,365 | €51,853 | €36,115 | ▼ 30.4% |
| Other tangible fixed assets26 | - | - | - | €4,318 | €3,852 | ▼ 10.8% |
| Current assets29/58 | €663,204 | €805,838 | €1.2m | €1.1m | €1.1m | ▲ 1.7% |
| Stocks and contracts in progress3 | €206,927 | €225,336 | €394,767 | €234,646 | €346,371 | ▲ 47.6% |
| Stocks30/36 | €206,927 | €225,336 | €394,767 | €234,646 | €346,371 | ▲ 47.6% |
| Amounts receivable within one year40/41 | €165,884 | €212,974 | €115,143 | €91,641 | €114,163 | ▲ 24.6% |
| Trade receivables40 | €165,754 | €212,974 | €115,143 | €76,144 | €71,378 | ▼ 6.3% |
| Other amounts receivable41 | €130 | €0 | - | €15,497 | €42,785 | ▲ 176% |
| Cash at bank and in hand54/58 | €287,976 | €365,093 | €689,238 | €794,804 | €680,360 | ▼ 14.4% |
| Deferred charges and accrued income490/1 | €2,417 | €2,435 | €2,007 | €3,482 | €2,926 | ▼ 16.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €688,950 | €878,618 | €1.3m | €1.2m | €1.2m | ▲ 0.2% |
| Equity10/15 | €362,888 | €588,514 | €884,431 | €576,324 | €710,607 | ▲ 23.3% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €342,888 | €568,514 | €864,431 | €556,324 | €690,607 | ▲ 24.1% |
| Non-distributable reserves130/1 | €804 | €804 | €0 | - | - | - |
| Reserves not available under the articles1311 | €804 | €804 | €0 | - | - | - |
| Distributable reserves133 | €342,084 | €567,710 | €864,431 | €556,324 | €690,607 | ▲ 24.1% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €326,062 | €290,104 | €416,925 | €609,341 | €477,510 | ▼ 21.6% |
| Amounts payable after more than one year17 | €18,089 | €3,958 | €0 | - | - | - |
| Financial debts170/4 | €18,089 | €3,958 | €0 | - | - | - |
| Amounts payable within one year42/48 | €307,973 | €286,146 | €415,583 | €589,568 | €454,613 | ▼ 22.9% |
| Current portion of amounts payable after more than one year42 | €13,928 | €14,132 | €3,958 | €0 | - | - |
| Financial debts43 | €476 | €637 | €903 | €280 | €0 | ▼ 100% |
| Credit institutions430/8 | €476 | €637 | €903 | €280 | €0 | ▼ 100% |
| Trade debts44 | €2,931 | €13,066 | €143,593 | €54,686 | €8,639 | ▼ 84.2% |
| Suppliers440/4 | €2,931 | €13,066 | €143,593 | €54,686 | €8,639 | ▼ 84.2% |
| Taxes, remuneration and social security45 | €107,482 | €157,469 | €246,127 | €190,702 | €161,349 | ▼ 15.4% |
| Taxes450/3 | €107,482 | €157,469 | €246,127 | €187,883 | €158,741 | ▼ 15.5% |
| Remuneration and social security454/9 | - | - | - | €2,819 | €2,608 | ▼ 7.5% |
| Other amounts payable47/48 | €183,155 | €100,842 | €21,003 | €343,900 | €284,625 | ▼ 17.2% |
| Accrued charges and deferred income492/3 | - | - | €1,342 | €19,774 | €22,898 | ▲ 15.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €126,157 | €225,626 | €295,917 | €163,348 | €134,283 | ▼ 17.8% |
| + Depreciation and write-downs630 | €19,390 | €18,987 | €19,903 | €17,064 | €18,457 | ▲ 8.2% |
| Operating cash flow (approximation) | €145,547 | €244,613 | €315,820 | €180,412 | €152,740 | ▼ 15.3% |
| Investment in fixed assets (approximation) | - | -€66,021 | -€47,326 | €22,046 | -€1,660 | ▼ 108% |
| Change in cash | - | €77,117 | €324,145 | €105,566 | -€114,444 | ▼ 208% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €295,917 ▲31.2%
Operating result €371,620, net result €295,917, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500,000Eq €588,514 ▲62.2%
5 profitable years in a row build equity to €588,514.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Equity above €200,000Eq €236,731 ▲131%
3 profitable years in a row build equity to €236,731.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Equity above €100,000Eq €102,526 ▲184%
2 profitable years in a row build equity to €102,526.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Wingene · 1 establishment unit since 2018
Ground area
1,477 m²
Building footprint
242 m²
Volume, LiDAR
896 m³
Parcel 37019B1081/00V000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
CARRADAR
since 20182.272.928.150
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019B1081/00V000 | Flanders | 1,477 m² | 1 · 242 m² | 6.2 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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Of 10,664 companies in sector 47811 we hold annual accounts for 5,226. 3,224 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
Founded15-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0690664447
Also
9925:BE0690664447
Registered
24-11-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.