CARRELLO
ActiveThe computed 12-month bankruptcy probability of CARRELLO is 1.6% (moderate). The 2025 annual accounts show negative equity (€-84k) and a net result of €-42k. Equity is shrinking by ~42.5% per year across the filed fiscal years. Its solvency ranks better than 18% of 3644 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▲+37
Solvency15▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.13 in 2024; short-term debt: 44.3% and cash: 1.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-9.8%
Return on assets
-4.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-84k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
28 d late
2023
28 d late
2022
46 d late
2021
25 d late
2020
39 d early
2019
32 d early
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-84k▼ 101%
2024 · €-42k
2018: €367k
2019: €432k
2020: €191k
2021: €167k
2022: €118k
2023: €141k
2024: €-42k
2018 → 2025
Total assets
€859k▼ 6.5%
2024 · €919k
2018: €1.04M
2019: €741k
2020: €604k
2021: €634k
2022: €648k
2023: €630k
2024: €919k
2018 → 2025
Net result
€-42k▲ 77.0%
2024 · €-183k
2018: €45k
2019: €65k
2020: €-41k
2021: €-14k
2022: €-49k
2023: €24k
2024: €-183k
2018 → 2025
Working capital
€-300k▲ 7.0%
2024 · €-323k
2018: €68k
2019: €218k
2020: €-25k
2021: €-59k
2022: €-159k
2023: €-168k
2024: €-323k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€167k-€118k▼ 29.5%€141k▲ 20.4%€-42k€-84k▼ 101%
Operating result€-6k-€-42k▼ 575%€32k€-160k€-12k▲ 92.5%
Net result€-14k-€-49k▼ 251%€24k€-183k€-42k▲ 77.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €160k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €859k
Fixed assets
€779k▼ 10.4%
Current assets
€81k▲ 61.0%
Key figures and ratios
EBITDA
€90k▲
2024 · €-53k
Cash flow
€60k▲
2024 · €-76k
Solvency
-9.8%▼
2024 · -4.6%
Current ratio
0.21▲
2024 · 0.13
Quick ratio
0.15▲
2024 · 0.08
Debt / equity
-11.21▲
2024 · -22.92
ROA
-4.9%▲
2024 · -20.0%
Interest coverage
2.97▲
2024 · -2.23
Debt
€944k▼
2024 · €961k
Debt ≤ 1 year
€381k▲
2024 · €373k
Debt > 1 year
€560k▼
2024 · €583k
Staff costs
€233k▼
2024 · €264k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€919k€859k▼
Fixed assets21/28€869k€779k▼
Intangible fixed assets21€1k€1k▼
Tangible fixed assets22/27€867k€778k▼
Land and buildings22€567k€518k▼
Plant, machinery and equipment23€231k€205k▼
Furniture and vehicles24€69k€55k▼
Current assets29/58€50k€81k▲
Stocks and contracts in progress3€19k€25k▲
Stocks30/36€19k€25k▲
Amounts receivable within one year40/41€12k€44k▲
Trade receivables40€116€1k▲
Other amounts receivable41€12k€42k▲
Cash at bank and in hand54/58€17k€11k▼
Deferred charges and accrued income490/1€2k€675▼
Equity and liabilities
Total equity and liabilities10/49€919k€859k▼
Equity10/15€-42k€-84k▼
Contributions10/11€20k€20k=
Reserves13€159k€159k=
Distributable reserves133€159k€159k=
Profit (loss) carried forward14€-221k€-264k▼
Amounts payable17/49€961k€944k▼
Amounts payable after more than one year17€583k€560k▼
Financial debts170/4€583k€560k▼
Amounts payable within one year42/48€373k€381k▲
Current portion of amounts payable after more than one year42€69k€62k▼
Financial debts43€26k€37k▲
Credit institutions430/8€26k€37k▲
Trade debts44€30k€39k▲
Suppliers440/4€30k€39k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€44k€33k▼
Taxes450/3€20k€9k▼
Remuneration and social security454/9€24k€24k▲
Other amounts payable47/48€203k€210k▲
Accrued charges and deferred income492/3€6k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€59k€0▼
Remuneration, social security and pensions62€264k€233k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€102k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€217k€330k▲
Operating profit (loss)9901€-160k€-12k▲
Financial income75/76B€38€0▼
Recurring financial income75€38€0▼
Financial charges65/66B€24k€30k▲
Recurring financial charges65€24k€30k▲
Profit (loss) for the period before taxes9903€-183k€-42k▲
Profit (loss) for the period9904€-183k€-42k▲
Profit (loss) for the period to be appropriated9905€-183k€-42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-221k€-264k▼
Profit (loss) brought forward from the previous period14P€-38k€-221k▼
Social balance
Average headcount (FTE)90878.211.1▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-183k ▼866%
Net result drops to €-183k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after 3 loss-making years.
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 46 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €65k ▲44.8%
Operating result €110k, net result €65k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.67
Current ratio from 1.54 to 3.67; short-term debt falls from €126k to €82k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Blankenberge · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leopoldstraat 388370 BlankenbergeGround area
743 m²
Building footprint
114 m²
Volume, LiDAR
1,840 m³
Parcel 31004A0795/00G019, Flanders · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CARRELLO
since 20022.095.996.487
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31004A0795/00G019 | Flanders | 743 m² | 1 · 114 m² | 18.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBlankenberge2.095.996.487
Similar companies · same sector, comparable size
ILYS
BE 0886.885.054
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TOCA
BE 0860.256.079
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B.N.V.I.
BE 0452.837.867
Mons · Eq €142k
CARLTON
BE 0416.156.823
Knokke-Heist · Eq €142k
Den Comptoir
BE 0835.100.813
Brugge · Eq €141k
Of 14,028 companies in sector 56301 we hold annual accounts for 4,894. 3,408 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2001
Fiscal year end31-12
Activities, NACEBEL
55302
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.