CARROTEC
ActiveCARROTEC has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.22M and a net result of €735k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.2M at 30 days acceptable
Liquidity tight (current ratio 1.29 against 2.58 in 2024; short-term debt: 11.9% and cash: 1% of total assets), and 11.9% of the assets are financed with debt.
Credit advice 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 · 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
88.1%
Return on assets
4.3%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
5 d early
2023
50 d early
2022
23 d early
2021
12 d late
2020
31 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€15.22M▼ 4.8%
2024 · €15.99M
2018: €1.62M
2019: €10.18M
2020: €10.82M
2021: €11.39M
2022: €14.88M
2023: €15.67M
2024: €15.99M
2018 → 2025
Total assets
€17.28M▲ 2.0%
2024 · €16.94M
2018: €6.48M
2019: €15.21M
2020: €15.01M
2021: €16.46M
2022: €17.42M
2023: €17.30M
2024: €16.94M
2018 → 2025
Net result
€735k▲ 134%
2024 · €314k
2018: €57k
2019: €8.56M
2020: €646k
2021: €562k
2022: €3.49M
2023: €798k
2024: €314k
2018 → 2025
Working capital
€590k▼ 60.3%
2024 · €1.48M
2018: €-937k
2019: €-1.18M
2020: €-409k
2021: €-130k
2022: €1.53M
2023: €1.69M
2024: €1.48M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11.39M-€14.88M▲ 30.6%€15.67M▲ 5.4%€15.99M▲ 2.0%€15.22M▼ 4.8%
Operating result€252k-€500k▲ 98.8%€440k▼ 12.1%€497k▲ 12.9%€497k▲ 0.2%
Net result€562k-€3.49M▲ 521%€798k▼ 77.1%€314k▼ 60.6%€735k▲ 134%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.28M
Fixed assets
€14.64M▲ 0.9%
Current assets
€2.64M▲ 8.9%
Equity and liabilities €17.28M
Equity
€15.22M▼ 4.8%
Debt
€2.06M▲ 118%
The debt ratio rises from 5.6% to 11.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€522k▲
2024 · €499k
Cash flow
€759k▲
2024 · €316k
Solvency
88.1%▼
2024 · 94.4%
Current ratio
1.29▼
2024 · 2.58
Quick ratio
0.81▼
2024 · 1.63
Debt / equity
0.14▲
2024 · 0.06
ROE
4.8%▲
2024 · 2.0%
ROA
4.3%▲
2024 · 1.9%
Interest coverage
331.36▲
2024 · 15.49
Debt
€2.06M▲
2024 · €947k
Debt ≤ 1 year
€2.05M▲
2024 · €942k
Income taxes
€142k▲
2024 · €131k
Staff costs
€51k▲
2024 · €43k
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€16.94M€17.28M▲
Fixed assets21/28€14.51M€14.64M▲
Tangible fixed assets22/27€24k€154k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€0€125k▲
Other tangible fixed assets26€23k€26k▲
Financial fixed assets28€14.49M€14.49M=
Current assets29/58€2.43M€2.64M▲
Stocks and contracts in progress3€890k€978k▲
Stocks30/36€890k€978k▲
Amounts receivable within one year40/41€1.47M€1.50M▲
Trade receivables40€1.34M€1.14M▼
Other amounts receivable41€129k€358k▲
Cash at bank and in hand54/58€68k€168k▲
Deferred charges and accrued income490/1€421€464▲
Equity and liabilities
Total equity and liabilities10/49€16.94M€17.28M▲
Equity10/15€15.99M€15.22M▼
Contributions10/11€69k€69k=
Reserves13€15.92M€15.15M▼
Tax-exempt reserves132€126k€126k=
Distributable reserves133€15.79M€15.03M▼
Profit (loss) carried forward14-€0
Amounts payable17/49€947k€2.06M▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€942k€2.05M▲
Current portion of amounts payable after more than one year42€47k€0▼
Financial debts43€200k€0▼
Other loans439€200k€0▼
Trade debts44€660k€509k▼
Suppliers440/4€660k€509k▼
Taxes, remuneration and social security45€13k€41k▲
Taxes450/3€4k€32k▲
Remuneration and social security454/9€9k€9k▲
Other amounts payable47/48€22k€1.50M▲
Accrued charges and deferred income492/3€6k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€43k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€25k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-5k€-181k▼
Other operating charges640/8€37k€91k▲
Gross operating margin9900€574k€483k▼
Operating profit (loss)9901€497k€497k▲
Financial income75/76B€971k€381k▼
Recurring financial income75€479k€381k▼
Non-recurring financial income76B€492k€0▼
Financial charges65/66B€1.02M€2k▼
Recurring financial charges65€32k€2k▼
Non-recurring financial charges66B€991k€0▼
Profit (loss) for the period before taxes9903€445k€877k▲
Income taxes67/77€131k€142k▲
Profit (loss) for the period9904€314k€735k▲
Transfer from tax-exempt reserves789€0-
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€314k€735k▲
Appropriation of the result
Profit (loss) to be appropriated9906€314k€735k▲
Transfer from equity791/2-€1.50M
Transfer to equity691/2€314k€733k▲
To other reserves6921€314k€733k▲
Profit to be distributed694/7-€1.50M
Return on contributions (dividend)694-€1.50M
Employees696-€2k
Social balance
Average headcount (FTE)90870.70.7=
The notes to these accounts (11 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
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity triplescurrent ratio 2.85
Current ratio from 0.94 to 2.85; short-term debt falls from €2.29M to €828k.
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €8.56M ▲14896%
Net result €8.56M, the highest in the series.
30-09
Financial
Equity above €10MEq €10.18M ▲527%
2 profitable years in a row build equity to €10.18M.
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-04
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, Asse · 1 establishment unit since 1971
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.
Z. 5 Mollem 1701730 AsseGround area
2,277 m²
Building footprint
823 m²
Volume, LiDAR
3,976 m³
Parcel 23053B0226/00M000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Z. 5 Mollem 170, 1730 Asse
since 19712.006.112.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23053B0226/00M000 | Flanders | 2,276 m² | 1 · 823 m² | 6.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 33 EUR awarded · 33 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 33 EUR | 33 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 265 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-06-1971
Fiscal year end30-09
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.