Carrefour
ActiveSummary
Carrefour has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €760. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-5
Solvency28▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.92 in 2024; short-term debt: 96.5% and cash: 6.2% of total assets), and 96.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer 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
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
3.1%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 435 sector peers (2025).
NBB · sector comparisonPosition among 435 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
17 d early
2023
9 d early
2022
66 d late
2021
33 d late
2020
174 d late
2019
27 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€760
2024 · €-10k
2018: €4k
2019: €10k▲ +140% vs 2018
2020: €20k▲ +94.6% vs 2019highest in 8 years
2021: €-3k▼ -113% vs 2020
2022: €10k▲ +496% vs 2021
2023: €-24k▼ -335% vs 2022lowest in 8 years
2024: €-10k▲ +59.0% vs 2023
2025: €760▲ +108% vs 2024
2018 → 2025
Working capital
€-32k▲ 15.5%
2024 · €-37k
2018: €551
2019: €9k▲ +1449% vs 2018
2020: €147k▲ +1626% vs 2019highest in 8 years
2021: €60k▼ -59.2% vs 2020
2022: €84k▲ +39.4% vs 2021
2023: €2k▼ -97.2% vs 2022
2024: €-37k▼ -1677% vs 2023lowest in 8 years
2025: €-32k▲ +15.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€72k▼ 13.3%€50k▼ 31.1%€24k▼ 51.4%€18k▼ 26.4%
2021: €83khighest in 5 years
2022: €72k▼ -13.3% vs 2021
2023: €50k▼ -31.1% vs 2022
2024: €24k▼ -51.4% vs 2023
2025: €18k▼ -26.4% vs 2024lowest in 5 years
Operating result€-1k-€5k€-26k€-6k▲ 76.9%€10k
2021: €-1k
2022: €5k▲ +604% vs 2021
2023: €-26k▼ -596% vs 2022lowest in 5 years
2024: €-6k▲ +76.9% vs 2023
2025: €10k▲ +262% vs 2024highest in 5 years
Net result€-3k-€10k€-24k€-10k▲ 59.0%€760
2021: €-3k
2022: €10k▲ +496% vs 2021highest in 5 years
2023: €-24k▼ -335% vs 2022lowest in 5 years
2024: €-10k▲ +59.0% vs 2023
2025: €760▲ +108% vs 2024
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €6k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €576k
Fixed assets
€52k ▼ 31.2%
Current assets
€525k ▲ 27.2%
Equity and liabilities €576k
Equity
€18k ▼ 26.4%
Debt
€559k ▲ 20.5%
Debt's share of the balance-sheet total rises from 95.1% to 96.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€45k▲
2024 · €36k
Cash flow
€36k▲
2024 · €32k
Current ratio
0.94▲
2024 · 0.92
Debt to equity
31.51▲
2024 · 19.24
ROE
4.3%▲
2024 · -40.4%
ROA
0.1%▲
2024 · -2.0%
Interest coverage
5.00▼
2024 · 9.44
Debt ≤ 1 year
€556k▲
2024 · €450k
Staff costs
€1.14M▲
2024 · €1.11M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€488k€576k▲
Fixed assets21/28€75k€52k▼
Tangible fixed assets22/27€71k€49k▼
Plant, machinery and equipment23€1k€453▼
Furniture and vehicles24€41k€19k▼
Other tangible fixed assets26€29k€30k▲
Financial fixed assets28€4k€3k▼
Current assets29/58€413k€525k▲
Amounts receivable within one year40/41€372k€475k▲
Trade receivables40€2k€25k▲
Other amounts receivable41€370k€449k▲
Cash at bank and in hand54/58€28k€36k▲
Deferred charges and accrued income490/1€13k€14k▲
Equity and liabilities
Total equity and liabilities10/49€488k€576k▲
Equity10/15€24k€18k▼
Reserves13€10k€11k▲
Profit (loss) carried forward14€398€398=
Investment grants15€14k€6k▼
Amounts payable17/49€464k€559k▲
Amounts payable within one year42/48€450k€556k▲
Current portion of amounts payable after more than one year42-€33k
Financial debts43€200k€200k=
Credit institutions430/8€200k€200k=
Trade debts44€25k€23k▼
Suppliers440/4€25k€23k▼
Advances received on contracts in progress46€344-
Taxes, remuneration and social security45€179k€259k▲
Taxes450/3€8k€17k▲
Remuneration and social security454/9€171k€242k▲
Accrued charges and deferred income492/3€14k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.11M€1.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€35k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€1.15M€1.19M▲
Operating profit (loss)9901€-6k€10k▲
Financial income75/76B€31€19▼
Recurring financial income75€31€19▼
Financial charges65/66B€4k€9k▲
Recurring financial charges65€4k€9k▲
Profit (loss) for the period before taxes9903€-10k€760▲
Profit (loss) for the period9904€-10k€760▲
Profit (loss) for the period to be appropriated9905€-10k€760▲
Appropriation of the result
Profit (loss) to be appropriated9906€398€1k▲
Profit (loss) brought forward from the previous period14P€10k€398▼
To contributions691-€760
Social balance
Average headcount (FTE)908715.915.6▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €870k | €835k | €946k | €1.11M | €1.14M | ▲ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €26k | €34k | €42k | €35k | ▼ 16.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1k | - | - | - |
| Other operating charges640/8 | €779 | €984 | €697 | €1k | €2k | ▲ 85.1% |
| Non-recurring operating charges66A | €-1k | €23k | €8k | - | - | - |
| Gross operating margin9900 | €891k | €890k | €964k | €1.15M | €1.19M | ▲ 3.9% |
| Operating profit (loss)9901 | €-1k | €5k | €-26k | €-6k | €10k | ▲ 262% |
| Financial income75/76B | €1 | €9k | €5k | €31 | €19 | ▼ 39.1% |
| Recurring financial income75 | €1 | €13 | €0 | €31 | €19 | ▼ 39.1% |
| Non-recurring financial income76B | - | €9k | €5k | - | - | - |
| Financial charges65/66B | €2k | €4k | €3k | €4k | €9k | ▲ 135% |
| Recurring financial charges65 | €2k | €4k | €3k | €4k | €9k | ▲ 135% |
| Profit (loss) for the period before taxes9903 | €-3k | €10k | €-24k | €-10k | €760 | ▲ 108% |
| Profit (loss) for the period9904 | €-3k | €10k | €-24k | €-10k | €760 | ▲ 108% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €10k | €-24k | €-10k | €760 | ▲ 108% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €394k | €364k | €394k | €488k | €576k | ▲ 18.2% |
| Fixed assets21/28 | €58k | €39k | €82k | €75k | €52k | ▼ 31.2% |
| Intangible fixed assets21 | €636 | - | - | - | - | - |
| Tangible fixed assets22/27 | €54k | €36k | €76k | €71k | €49k | ▼ 31.1% |
| Land and buildings22 | €212 | €6k | - | - | - | - |
| Plant, machinery and equipment23 | - | - | €2k | €1k | €453 | ▼ 57.4% |
| Furniture and vehicles24 | €54k | €30k | €45k | €41k | €19k | ▼ 54.2% |
| Other tangible fixed assets26 | - | - | €29k | €29k | €30k | ▲ 2.5% |
| Financial fixed assets28 | €3k | €3k | €6k | €4k | €3k | ▼ 33.8% |
| Current assets29/58 | €336k | €325k | €311k | €413k | €525k | ▲ 27.2% |
| Amounts receivable within one year40/41 | €249k | €231k | €232k | €372k | €475k | ▲ 27.7% |
| Trade receivables40 | €404 | €2k | €439 | €2k | €25k | ▲ 1,067% |
| Other amounts receivable41 | €248k | €229k | €231k | €370k | €449k | ▲ 21.6% |
| Cash at bank and in hand54/58 | €84k | €82k | €66k | €28k | €36k | ▲ 28.6% |
| Deferred charges and accrued income490/1 | €4k | €12k | €14k | €13k | €14k | ▲ 8.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €394k | €364k | €394k | €488k | €576k | ▲ 18.2% |
| Equity10/15 | €83k | €72k | €50k | €24k | €18k | ▼ 26.4% |
| Reserves13 | - | €10k | €10k | €10k | €11k | ▲ 7.5% |
| Profit (loss) carried forward14 | €34k | €34k | €10k | €398 | €398 | = |
| Investment grants15 | €49k | €28k | €29k | €14k | €6k | ▼ 52.6% |
| Amounts payable17/49 | €311k | €292k | €344k | €464k | €559k | ▲ 20.5% |
| Amounts payable within one year42/48 | €276k | €241k | €309k | €450k | €556k | ▲ 23.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €33k | - |
| Financial debts43 | €100k | €60k | €80k | €200k | €200k | = |
| Credit institutions430/8 | €100k | €60k | €80k | €200k | €200k | = |
| Trade debts44 | €41k | €35k | €20k | €25k | €23k | ▼ 6.9% |
| Suppliers440/4 | €41k | €35k | €20k | €25k | €23k | ▼ 6.9% |
| Advances received on contracts in progress46 | - | - | - | €344 | - | - |
| Taxes, remuneration and social security45 | €93k | €89k | €144k | €179k | €259k | ▲ 44.3% |
| Taxes450/3 | - | - | €9k | €8k | €17k | ▲ 108% |
| Remuneration and social security454/9 | €93k | €89k | €135k | €171k | €242k | ▲ 41.3% |
| Accrued charges and deferred income492/3 | €35k | €51k | €35k | €14k | €2k | ▼ 82.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €10k | €-24k | €-10k | €760 | ▲ 108% |
| + Depreciation and write-downs630 | €22k | €26k | €34k | €42k | €35k | ▼ 16.3% |
| Operating cash flow (approximation) | €19k | €36k | €10k | €32k | €36k | ▲ 11.5% |
| Investment in fixed assets (approximation) | - | €-7k | €-77k | €-35k | €-12k | ▲ 67.0% |
| Change in cash | - | €-1k | €-17k | €-38k | €8k | ▲ 121% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €760
Net result €760 after 2 loss-making years.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
21-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 174 days late
2020
31-12
Financial
Highest result since 2018net €20k ▲94.6%
Net result €20k, the highest in the series.
31-12
Financial
Equity above €100kEq €102k ▲105%
3 profitable years in a row build equity to €102k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
Show earlier events
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 211 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Philippeville · 5 establishment units since 1994
Ground area
7,496 m²
Building footprint
931 m²
Volume, LiDAR
4,163 m³
5 parcels, Wallonia · tallest building 17.3 m, ±3 floors. Linked by address, not a title deed.
5 establishment units
Carrefour
since 19942.162.568.676
Carrefour
since 20082.207.221.043
asbl Carrefour
since 20102.207.221.142
Carrefour
since 20112.207.221.241
Rue de la Marcelle 2, 5660 Couvin
since 20262.382.822.915
5 parcels
Wallonia
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93014F0536/00R000 | Wallonia | 5,210 m² | 1 · 93 m² | - |
| 93056D0105/00D002 | Wallonia | 933 m² | 1 · 129 m² | - |
| 56016C0354/00K000 | Wallonia | 883 m² | 1 · 409 m² | 17.3 m · 3 fl. |
| 93014F0533/00F000 | Wallonia | 359 m² | 1 · 245 m² | - |
| 93014F0691/00F000 | Wallonia | 111 m² | 1 · 54 m² | - |
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Wallonia-Brussels Federation
2023 · 2 entries · 6,275 EUR in total| Year | Entries | paid |
|---|---|---|
| 2023 | 2 | 6,275 EUR |
Budget allocations
Subvention pour des initiatives dans le domaine de l'alphabétisation
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Of 3,018 companies in sector 85592 we hold annual accounts for 987. 561 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded07-01-1994
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
Contact
E-mail
glenoir@asblcarrefour.be
E-mail
secretariat@asblcarrefour.be
Phone
0492/977095Couvin
Scores and ratios are computed by Checked and are not a credit decision.