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CARRE D'AS

Active
Private limited company (pre-2019)founded 198837 yrs activeRue de la Flache(L.L) 133, 7100 La Louvière, BelgiumKBO/BCE: BE 0435.449.727
Summary

CARRE D'AS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,161 and a net result of €9,353. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+69
Solvency31▲+26
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filings
Deviation from the deadline
2025
27 d late
2024
1 d early
2023
1 d early
2022
on the day
2021
59 d late
2019
67 d early
2018
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 6 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CARRE D'AS was incorporated on 7 October 1988.1 Total assets fell from EUR 66,056 in 2018 to EUR 36,175 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€2,161
2024 · -€7,192
Total assets
€36,175▼ 0.2%
2024 · €36,235
Net result
€9,353
2024 · -€882
Working capital
€1,661
2024 · -€7,692
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-€54,360-€8,465-€289-€835▼ 189%€9,413
Net result-€54,850-€5,674-€349-€882▼ 153%€9,353
Equity-€11,635--€5,961▲ 48.8%-€6,310▼ 5.8%-€7,192▼ 14.0%€2,161
Total assets€40,054-€37,466▼ 6.5%€37,117▼ 0.9%€36,235▼ 2.4%€36,175▼ 0.2%
Debt€51,689-€43,427▼ 16.0%€43,427=€43,427=€34,014▼ 21.7%
Working capital-€8,524--€6,461▲ 24.2%-€6,810▼ 5.4%-€7,692▼ 13.0%€1,661
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2021: -€54,360-€54,360Net result 2021: -€54,850-€54,850Operating result 2022: €8,465€8,465Net result 2022: €5,674€5,674Operating result 2023: -€289-€289Net result 2023: -€349-€349Operating result 2024: -€835-€835Net result 2024: -€882-€882Operating result 2025: €9,413€9,413Net result 2025: €9,353€9,35320212022202320242025-€5,000€0€5,000€10,000Operating result 2023: -€289-€289Net result 2023: -€349-€349Operating result 2024: -€835-€835Net result 2024: -€882-€882Operating result 2025: €9,413€9,410Net result 2025: €9,353€9,350202320242025
The operating result returns to profit in 2025: €9,413 after a loss of €835 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36,175
Fixed assets €500 =
Current assets €35,675 ▼ 0.2%
Equity and liabilities €36,175
Equity €2,161
Debt €34,014
Debt finances 94.0% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.05▲
2024 · 0.82
Debt to equity
15.74▲
2024 · -6.04
ROE
432.9%
ROA
25.9%▲
2024 · -2.4%
Debt ≤ 1 year
€34,014▼
2024 · €43,427
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 931 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.9% went bankrupt
4.6% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 931 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€36,235€36,175▼
Fixed assets21/28€500€500=
Financial fixed assets28€500€500=
Current assets29/58€35,735€35,675▼
Amounts receivable within one year40/41€399€399=
Other amounts receivable41€399€399=
Cash at bank and in hand54/58€35,336€35,276▼
Equity and liabilities
Total equity and liabilities10/49€36,235€36,175▼
Equity10/15-€7,192€2,161▲
Contributions10/11€18,600€18,600=
Reserves13€23,828€23,828=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€21,968€21,968=
Profit (loss) carried forward14-€49,620-€40,267▲
Amounts payable17/49€43,427€34,014▼
Amounts payable within one year42/48€43,427€34,014▼
Trade debts44€9,725€400▼
Suppliers440/4€9,725€400▼
Taxes, remuneration and social security45€88-
Taxes450/3€88-
Other amounts payable47/48€33,615€33,615=
Income statement Code20242025
Non-recurring operating income76A-€9,813
Remuneration, social security and pensions62€835-
Other operating charges640/8-€400
Gross operating margin9900-€9,813
Operating profit (loss)9901-€835€9,413▲
Financial charges65/66B€48€60▲
Recurring financial charges65€48€60▲
Profit (loss) for the period before taxes9903-€882€9,353▲
Profit (loss) for the period9904-€882€9,353▲
Profit (loss) for the period to be appropriated9905-€882€9,353▲
Appropriation of the result
Profit (loss) to be appropriated9906-€49,620-€40,267▲
Profit (loss) brought forward from the previous period14P-€48,738-€49,620▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€9,813-
Goods, raw materials, services and sundry goods60/61--€289---
Remuneration, social security and pensions62---€835--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103-----
Other operating charges640/8€241€398--€400-
Non-recurring operating charges66A€103-----
Gross operating margin9900-€53,912€8,863-€289-€9,813-
Operating profit (loss)9901-€54,360€8,465-€289-€835€9,413▲ 1,228%
Financial income75/76B€33€21€7---
Recurring financial income75€33€21€7---
Financial charges65/66B€524€2,812€65€48€60▲ 26.2%
Recurring financial charges65€524€2,812€65€48€60▲ 26.2%
Profit (loss) for the period before taxes9903-€54,850€5,674-€347-€882€9,353▲ 1,160%
Income taxes67/77--€2---
Profit (loss) for the period9904-€54,850€5,674-€349-€882€9,353▲ 1,160%
Profit (loss) for the period to be appropriated9905-€54,850€5,674-€349-€882€9,353▲ 1,160%
Line20212022202320242025Change
Assets
Total assets20/58€40,054€37,466€37,117€36,235€36,175▼ 0.2%
Fixed assets21/28€500€500€500€500€500=
Financial fixed assets28€500€500€500€500€500=
Current assets29/58€39,554€36,966€36,617€35,735€35,675▼ 0.2%
Amounts receivable within one year40/41€5,361€352€399€399€399=
Trade receivables40€500-----
Other amounts receivable41€4,861€352€399€399€399=
Cash at bank and in hand54/58€34,192€36,613€36,218€35,336€35,276▼ 0.2%
Equity and liabilities
Total equity and liabilities10/49€40,054€37,466€37,117€36,235€36,175▼ 0.2%
Equity10/15-€11,635-€5,961-€6,310-€7,192€2,161▲ 130%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€23,828€23,828€23,828€23,828€23,828=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€21,968€21,968€21,968€21,968€21,968=
Profit (loss) carried forward14-€54,063-€48,389-€48,738-€49,620-€40,267▲ 18.8%
Amounts payable17/49€51,689€43,427€43,427€43,427€34,014▼ 21.7%
Amounts payable after more than one year17€3,611-----
Financial debts170/4€3,611-----
Amounts payable within one year42/48€48,078€43,427€43,427€43,427€34,014▼ 21.7%
Current portion of amounts payable after more than one year42€13,675-----
Financial debts43€3,583-----
Credit institutions430/8€3,583-----
Trade debts44€14,730€9,725€9,725€9,725€400▼ 95.9%
Suppliers440/4€14,730€9,725€9,725€9,725€400▼ 95.9%
Taxes, remuneration and social security45€88€88€88€88--
Taxes450/3€88€88€88€88--
Other amounts payable47/48€16,003€33,615€33,615€33,615€33,615=
Line20212022202320242025Change
Profit (loss) for the period9904-€54,850€5,674-€349-€882€9,353▲ 1,160%
+ Depreciation and write-downs630€103-----
Operating cash flow (approximation)-€54,747€5,674-€349-€882€9,353▲ 1,160%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€2,421-€396-€882-€60▲ 93.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial Back to profitnet €9,353
Net result €9,353 after 2 loss-making years.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €5,674
Net result €5,674 after one loss-making year.
28-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-12
Financial Weakest financial yearnet -€54,850
Net result drops to -€54,850, the lowest in the series; recovery starts the following year.
2020
25-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €23,537
Net result €23,537 after one loss-making year.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-12
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 150 days late
2016
28-06
NBB filing Annual accounts filed
fiscal year 2015 · full 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, La Louvière · 2 establishment units since 1988
seat establishment 1 of 2 establishment units on the map
Ground area
2,466 m²
Building footprint
246 m²
Volume, LiDAR
1,712 m³
2 parcels, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
CARRE D'AS SPRL
Rue Ferrer(PAU) 159, 7100 La LouvièreNACE 52112
since 19882.040.542.874
Rue Coquereau(PAU) 130, 7100 La Louvière
NACE 52112
since 19972.040.542.973
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55015A0093/00T004 Wallonia 1,651 m² 1 · 168 m² 7.1 m · 2 fl.
55022A0341/02N000 Wallonia 815 m² 1 · 78 m² 10.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded07-10-1988
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.