Equity
€172,887 ▼ 40.3%
CARRELAGES CARLO paid out €136,526 in dividends. That is 697% of the 2025 profit.
CARRELAGES CARLO
Lifetime
15 annual accounts with figures on one time axisGross marginpeak €207,852 (2022)
€114,521▼ 8.8%
Resultlowest -€12,042 (2014)
€19,581▲ 23.5%
Equitypeak €325,724 (2023)
€172,887▼ 40.3%
Debts
€805,852▲ 7.6%
Staffpeak 2 FTE (2014)
1.5 FTEunchanged
Board1 name since 2021
1 directorMIGLIORE Giancarlo
Documentsfilings and deeds
03-08-20263 days late
2025abbreviated format
Dividend €136,526Equity from €289,831 to €172,887Cash from €308,386 to €199,693
Key points
from the 2025 annual accountsDebts
€805,852 82% of the balance sheet
Financial debts 17%Suppliers 69%Taxes and wages 9%Other 5%
€76,190 of the debts are secured on the company's own assets. In 2021 that was €122,310.
Filings
15 annual accounts since 2011
Six of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.
Checked score
87
Excellent
Financially stronger than 30% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,900 companies (NACE 46, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.5 percentage points vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.2%▼ -0.2 percentage points vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Equity €172,887 (17.7% of total assets)
lowers risk
Figures for financial year 2025 (filed on 04-08-2026)
Founded in 2010
Size: 1.5 FTE, total assets €978,739
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 46, micro). It does better than 29% of them on solvency, 37% on liquidity, 41% on profitability and 12% on growth.
The bankruptcy probability was computed on 05-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as CARRELAGES CARLO has now. Each dot stands for 12 companies, two years later.
96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
The bankruptcy probability of CARRELAGES CARLO itself is lower: 0.2% within 12 months. It rests on far more data about CARRELAGES CARLO than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,508 companies, not a prediction for CARRELAGES CARLO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.27 (1.55 in 2024), below the usual 1.5. Short-term debt is 67.9% and cash 20.4% of total assets. 82.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 9886 sector peers (2025).
NBB · sector comparisonPosition among 9886 sector peers
Solvency
better than 25%
← weakest
strongest →
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
3 days late
2024
on the day
2023
on the day
2022
29 days late
2021
31 days late
2020
27 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0832346607
Change of role: MIGLIORE Giancarlo, from manager to director
General meeting of 05-10-2023 · Gazette deed
First establishment
Avenue du Centenaire 274, Charleroi
Incorporation
published on 10-01-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| CARRELAGES CARLO Charleroi | €1.0m | €114,521 | 17.7% | 1.5 |
| E.B. TRADING Thuin | €0.9m | €220,818 | 71.2% | 1 |
| A.T.S. MARKET Namur | €0.7m | €161,859 | 33.4% | 1.4 |
| BOA CONSTRUCTOR Herent | €1.0m | €120,349 | 31.4% | 2 |
| DEUREKA Anzegem | €0.6m | €151,619 | 8.1% | 1.3 |
| ETS DEHAYE FILS SRL Courcelles | €0.8m | €200,445 | 43.5% | 3 |
| TORHOUTSE PLASTIEKCENTRALE Torhout | €0.6m | €105,331 | 30.9% | 2.7 |
These companies have the same main activity as CARRELAGES CARLO: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €594,000 and €1m, founded between 2009 and 2013.
Official details
Source: KBO- Status
- Active since 30-12-2010Normal situation
- Activity
- Wholesale of construction materials, general rangeNACE 46831and 2 others
- Joint committee
- 201Independent retail · annual accounts 2024
- Establishment unit
- 2.194.529.5826061 Charleroi, since 03-01-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- Turnover
- ≈ €590,000estimated
- Total assets
- €978,739▼ 5.8%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 03-08-2026
Insights on CARRELAGES CARLO
CARRELAGES CARLO files the abbreviated format. That format states no turnover. The gross margin rose from €30,271 in 2011 to €114,521 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CARRELAGES CARLO
- What is the company number of CARRELAGES CARLO?
- The company number of CARRELAGES CARLO is 0832.346.607. The VAT number is the same number with BE in front: BE 0832.346.607.
- Where is CARRELAGES CARLO based?
- The registered office is at Rue des Nutons 125, 6060 Charleroi.Company details
- What does CARRELAGES CARLO do?
- According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
- What is the legal form of CARRELAGES CARLO?
- CARRELAGES CARLO is a private limited company (BV).
- When was CARRELAGES CARLO founded?
- CARRELAGES CARLO was founded on 30-12-2010.
- Is CARRELAGES CARLO still active?
- Yes, CARRELAGES CARLO is an active enterprise in the KBO register.
- How many employees does CARRELAGES CARLO have?
- CARRELAGES CARLO had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CARRELAGES CARLO fall under?
- In its 2024 annual accounts, CARRELAGES CARLO states joint committee 201 (Independent retail).
- What is the turnover of CARRELAGES CARLO?
- The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €114,521 and 102 comparable companies (NACE 46). It probably lies between €290,000 and €1.0m.
- Is CARRELAGES CARLO profitable?
- In financial year 2025, CARRELAGES CARLO made a profit of €19,581.
- Where can I find the annual accounts of CARRELAGES CARLO?
- CARRELAGES CARLO filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CARRELAGES CARLO due?
- CARRELAGES CARLO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.