CARROQUAD
ActiveSummary
CARROQUAD has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.05M and a net result of €744k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79▲+1
Solvency95▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €490k at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.17 in 2023; short-term debt: 25.5% and cash: 1% of total assets), and 30.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 2024Solvency, return and age of the figures
Solvency
69.6%
Return on assets
8.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
26 d late
2022
28 d late
2021
10 d late
2020
30 d late
2019
19 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€744k▲ 4.9%
2023 · €709k
2018: €304klowest in 7 years
2019: €395k▲ +29.8% vs 2018
2020: €465k▲ +17.6% vs 2019
2021: €310k▼ -33.3% vs 2020
2022: €573k▲ +84.9% vs 2021
2023: €709k▲ +23.7% vs 2022
2024: €744k▲ +4.9% vs 2023highest in 7 years
2018 → 2024
Working capital
€-1.77M▲ 29.7%
2023 · €-2.52M
2018: €-797khighest in 7 years
2019: €-1.29M▼ -62.0% vs 2018
2020: €-975k▲ +24.5% vs 2019
2021: €-1.93M▼ -98.2% vs 2020
2022: €-2.64M▼ -36.4% vs 2021lowest in 7 years
2023: €-2.52M▲ +4.4% vs 2022
2024: €-1.77M▲ +29.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4.29M-€4.59M▲ 6.9%€5.15M▲ 12.2%€5.32M▲ 3.2%€6.05M▲ 13.8%
2020: €4.29Mlowest in 5 years
2021: €4.59M▲ +6.9% vs 2020
2022: €5.15M▲ +12.2% vs 2021
2023: €5.32M▲ +3.2% vs 2022
2024: €6.05M▲ +13.8% vs 2023highest in 5 years
Operating result€560k-€436k▼ 22.0%€804k▲ 84.2%€1.01M▲ 25.4%€1.06M▲ 5.5%
2020: €560k
2021: €436k▼ -22.0% vs 2020lowest in 5 years
2022: €804k▲ +84.2% vs 2021
2023: €1.01M▲ +25.4% vs 2022
2024: €1.06M▲ +5.5% vs 2023highest in 5 years
Net result€465k-€310k▼ 33.3%€573k▲ 84.9%€709k▲ 23.7%€744k▲ 4.9%
2020: €465k
2021: €310k▼ -33.3% vs 2020lowest in 5 years
2022: €573k▲ +84.9% vs 2021
2023: €709k▲ +23.7% vs 2022
2024: €744k▲ +4.9% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.69M
Fixed assets
€8.25M ▼ 4.5%
Current assets
€445k ▼ 15.4%
Equity and liabilities €8.69M
Equity
€6.05M ▲ 13.8%
Provisions
€622 ▼ 25.0%
Debt
€2.64M ▼ 31.4%
Debt's share of the balance-sheet total falls from 41.9% to 30.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.63M▲
2023 · €1.56M
Cash flow
€1.31M▲
2023 · €1.26M
Current ratio
0.20▲
2023 · 0.17
Debt to equity
0.44▼
2023 · 0.72
ROE
12.3%▼
2023 · 13.3%
ROA
8.6%▲
2023 · 7.7%
Interest coverage
15.72▲
2023 · 15.59
Debt ≤ 1 year
€2.22M▼
2023 · €3.04M
Debt > 1 year
€341k▼
2023 · €755k
Income taxes
€239k▲
2023 · €228k
Staff costs
€75k▼
2023 · €97k
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 · 2024 against 2023 · 64 lines
Balance sheet
Code20232024
Assets
Total assets20/58€9.16M€8.69M▼
Fixed assets21/28€8.64M€8.25M▼
Tangible fixed assets22/27€8.25M€7.85M▼
Land and buildings22€7.97M€7.59M▼
Furniture and vehicles24€33k€26k▼
Other tangible fixed assets26€239k€242k▲
Financial fixed assets28€392k€392k=
Current assets29/58€526k€445k▼
Amounts receivable after more than one year29€39k€0▼
Other amounts receivable291€39k€0▼
Amounts receivable within one year40/41€391k€355k▼
Trade receivables40€104k€152k▲
Other amounts receivable41€287k€202k▼
Cash at bank and in hand54/58€91k€90k▼
Deferred charges and accrued income490/1€6k€0▼
Equity and liabilities
Total equity and liabilities10/49€9.16M€8.69M▼
Equity10/15€5.32M€6.05M▲
Contributions10/11€781k€781k=
Capital10€781k€781k=
Issued capital100€781k€781k=
Reserves13€1.22M€1.51M▲
Non-distributable reserves130/1€131k€131k=
Legal reserve130€131k€131k=
Tax-exempt reserves132€947k€967k▲
Distributable reserves133€142k€416k▲
Profit (loss) carried forward14€3.22M€3.67M▲
Investment grants15€95k€83k▼
Provisions and deferred taxes16€829€622▼
Deferred taxes168€829€622▼
Amounts payable17/49€3.84M€2.64M▼
Amounts payable after more than one year17€755k€341k▼
Financial debts170/4€755k€341k▼
Amounts payable within one year42/48€3.04M€2.22M▼
Current portion of amounts payable after more than one year42€623k€414k▼
Trade debts44€37k€84k▲
Suppliers440/4€37k€84k▲
Taxes, remuneration and social security45€53k€45k▼
Taxes450/3€43k€37k▼
Remuneration and social security454/9€10k€8k▼
Other amounts payable47/48€2.33M€1.67M▼
Accrued charges and deferred income492/3€42k€80k▲
Income statement
Code20232024
Non-recurring operating income76A€3k€3k=
Remuneration, social security and pensions62€97k€75k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€556k€563k▲
Other operating charges640/8€175k€183k▲
Gross operating margin9900€1.84M€1.89M▲
Operating profit (loss)9901€1.01M€1.06M▲
Financial income75/76B€29k€21k▼
Recurring financial income75€29k€21k▼
Financial charges65/66B€101k€104k▲
Recurring financial charges65€100k€104k▲
Non-recurring financial charges66B€296€0▼
Profit (loss) for the period before taxes9903€937k€982k▲
Transfer from deferred taxes780€207€207=
Income taxes67/77€228k€239k▲
Profit (loss) for the period9904€709k€744k▲
Transfer from tax-exempt reserves789€143k€274k▲
Transfer to tax-exempt reserves689€337k€295k▼
Profit (loss) for the period to be appropriated9905€515k€723k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.37M€3.95M▲
Profit (loss) brought forward from the previous period14P€2.85M€3.22M▲
Transfer to equity691/2€142k€274k▲
To other reserves6921€142k€274k▲
Social balance
Average headcount (FTE)90871.81.3▼
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3k | €3k | €3k | €3k | = |
| Remuneration, social security and pensions62 | - | €68k | €70k | €97k | €75k | ▼ 22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €442k | €479k | €537k | €556k | €563k | ▲ 1.4% |
| Other operating charges640/8 | - | €123k | €128k | €175k | €183k | ▲ 4.7% |
| Gross operating margin9900 | €1.24M | €1.11M | €1.54M | €1.84M | €1.89M | ▲ 2.7% |
| Operating profit (loss)9901 | €560k | €436k | €804k | €1.01M | €1.06M | ▲ 5.5% |
| Financial income75/76B | - | €45k | €40k | €29k | €21k | ▼ 25.0% |
| Recurring financial income75 | €46k | €45k | €40k | €29k | €21k | ▼ 25.0% |
| Non-recurring financial income76B | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €72k | €87k | €101k | €104k | ▲ 2.8% |
| Recurring financial charges65 | €75k | €72k | €87k | €100k | €104k | ▲ 3.1% |
| Non-recurring financial charges66B | - | - | - | €296 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €593k | €409k | €757k | €937k | €982k | ▲ 4.9% |
| Transfer from deferred taxes780 | - | €207 | €207 | €207 | €207 | = |
| Income taxes67/77 | €129k | €99k | €184k | €228k | €239k | ▲ 4.8% |
| Profit (loss) for the period9904 | €465k | €310k | €573k | €709k | €744k | ▲ 4.9% |
| Transfer from tax-exempt reserves789 | - | €402 | €402 | €143k | €274k | ▲ 91.9% |
| Transfer to tax-exempt reserves689 | - | €211k | €211k | €337k | €295k | ▼ 12.5% |
| Profit (loss) for the period to be appropriated9905 | €297k | €100k | €363k | €515k | €723k | ▲ 40.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.87M | €9.46M | €9.99M | €9.16M | €8.69M | ▼ 5.2% |
| Fixed assets21/28 | €7.91M | €8.60M | €9.20M | €8.64M | €8.25M | ▼ 4.5% |
| Tangible fixed assets22/27 | €7.42M | €8.12M | €8.71M | €8.25M | €7.85M | ▼ 4.8% |
| Land and buildings22 | - | €7.88M | €8.47M | €7.97M | €7.59M | ▼ 4.9% |
| Furniture and vehicles24 | - | €0 | - | €33k | €26k | ▼ 21.0% |
| Other tangible fixed assets26 | - | €234k | €237k | €239k | €242k | ▲ 1.1% |
| Financial fixed assets28 | €487k | €487k | €487k | €392k | €392k | = |
| Current assets29/58 | €963k | €853k | €787k | €526k | €445k | ▼ 15.4% |
| Amounts receivable after more than one year29 | - | €348k | €194k | €39k | €0 | ▼ 100% |
| Other amounts receivable291 | - | €348k | €194k | €39k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €372k | €439k | €508k | €391k | €355k | ▼ 9.2% |
| Trade receivables40 | - | €29k | €123k | €104k | €152k | ▲ 47.2% |
| Other amounts receivable41 | - | €410k | €385k | €287k | €202k | ▼ 29.5% |
| Cash at bank and in hand54/58 | €88k | €52k | €80k | €91k | €90k | ▼ 0.7% |
| Deferred charges and accrued income490/1 | - | €15k | €5k | €6k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.87M | €9.46M | €9.99M | €9.16M | €8.69M | ▼ 5.2% |
| Equity10/15 | €4.29M | €4.59M | €5.15M | €5.32M | €6.05M | ▲ 13.8% |
| Contributions10/11 | €1.31M | €1.31M | €1.31M | €781k | €781k | = |
| Capital10 | - | €1.31M | €1.31M | €781k | €781k | = |
| Issued capital100 | - | €1.31M | €1.31M | €781k | €781k | = |
| Reserves13 | €464k | €674k | €884k | €1.22M | €1.51M | ▲ 24.1% |
| Non-distributable reserves130/1 | - | €131k | €131k | €131k | €131k | = |
| Legal reserve130 | - | €131k | €131k | €131k | €131k | = |
| Tax-exempt reserves132 | - | €542k | €753k | €947k | €967k | ▲ 2.2% |
| Distributable reserves133 | - | - | - | €142k | €416k | ▲ 192% |
| Profit (loss) carried forward14 | €2.39M | €2.49M | €2.85M | €3.22M | €3.67M | ▲ 13.9% |
| Investment grants15 | - | €118k | €106k | €95k | €83k | ▼ 12.6% |
| Provisions and deferred taxes16 | €1k | €1k | €1k | €829 | €622 | ▼ 25.0% |
| Deferred taxes168 | - | €1k | €1k | €829 | €622 | ▼ 25.0% |
| Amounts payable17/49 | €4.58M | €4.86M | €4.83M | €3.84M | €2.64M | ▼ 31.4% |
| Amounts payable after more than one year17 | €2.57M | €2.03M | €1.38M | €755k | €341k | ▼ 54.9% |
| Financial debts170/4 | - | €2.03M | €1.38M | €755k | €341k | ▼ 54.9% |
| Amounts payable within one year42/48 | €1.94M | €2.79M | €3.42M | €3.04M | €2.22M | ▼ 27.2% |
| Current portion of amounts payable after more than one year42 | - | €649k | €699k | €623k | €414k | ▼ 33.4% |
| Trade debts44 | €22k | €34k | €143k | €37k | €84k | ▲ 128% |
| Suppliers440/4 | - | €34k | €143k | €37k | €84k | ▲ 128% |
| Advances received on contracts in progress46 | - | €7k | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €10k | €8k | €53k | €45k | ▼ 13.9% |
| Taxes450/3 | - | €490 | €497 | €43k | €37k | ▼ 13.0% |
| Remuneration and social security454/9 | - | €9k | €8k | €10k | €8k | ▼ 17.6% |
| Other amounts payable47/48 | - | €2.09M | €2.57M | €2.33M | €1.67M | ▼ 28.3% |
| Accrued charges and deferred income492/3 | - | €50k | €29k | €42k | €80k | ▲ 88.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €465k | €310k | €573k | €709k | €744k | ▲ 4.9% |
| + Depreciation and write-downs630 | €442k | €479k | €537k | €556k | €563k | ▲ 1.4% |
| Operating cash flow (approximation) | €907k | €789k | €1.11M | €1.26M | €1.31M | ▲ 3.3% |
| Investment in fixed assets (approximation) | - | €-1.17M | €-1.13M | €4k | €-171k | ▼ 4,311% |
| Change in cash | - | €-37k | €29k | €10k | €-675 | ▼ 107% |
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
31-12
Financial
Highest result since 2018net €744k ▲4.9%
Operating result €1.06M, net result €744k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
31-12
Financial
Equity above €5MEq €5.15M ▲12.2%
5 profitable years in a row build equity to €5.15M.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 10 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 7 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Villers-le-Bouillet · 1 establishment unit since 1988
Ground area
4,466 m²
Building footprint
1,009 m²
Volume, LiDAR
8,046 m³
Parcel 61068A0561/00G000, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
QUADRUS
since 19882.037.008.908
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61068A0561/00G000 | Wallonia | 4,466 m² | 1 · 1,009 m² | 9.6 m · 3 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 11,748 companies in sector 68310 we hold annual accounts for 6,905. 1,459 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded31-03-1988
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
52100Warehousing and storage
Scores and ratios are computed by Checked and are not a credit decision.