CARSAN
ActiveCARSAN has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157k and a net result of €28k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+4
Solvency93▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.61 in 2024; short-term debt: 31.6% and cash: 28.7% of total assets), and 32.4% 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
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 →
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
67.6%
Return on assets
12%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-01-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
28 d early
2023
40 d early
2022
48 d early
2021
48 d early
2020
47 d early
2019
50 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€157k▲ 21.5%
2024 · €129k
2019: €53k
2020: €69k
2021: €96k
2022: €104k
2023: €109k
2024: €129k
2019 → 2025
Total assets
€232k▲ 2.8%
2024 · €226k
2019: €247k
2020: €249k
2021: €256k
2022: €236k
2023: €235k
2024: €226k
2019 → 2025
Net result
€28k▲ 33.6%
2024 · €21k
2019: €-31k
2020: €16k
2021: €26k
2022: €8k
2023: €4k
2024: €21k
2019 → 2025
Working capital
€-5k▲ 85.0%
2024 · €-35k
2019: €-151k
2020: €-145k
2021: €-98k
2022: €-69k
2023: €-57k
2024: €-35k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€104k▲ 8.9%€109k▲ 4.3%€129k▲ 19.2%€157k▲ 21.5%
Operating result€27k-€9k▼ 64.3%€6k▼ 40.4%€26k▲ 357%€42k▲ 61.8%
Net result€26k-€8k▼ 67.8%€4k▼ 47.4%€21k▲ 367%€28k▲ 33.6%
Turnover and EBIT margin not published: the micro 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 62% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €232k
Fixed assets
€164k▼ 4.3%
Current assets
€68k▲ 25.1%
Equity and liabilities €232k
Equity
€157k▲ 21.5%
Debt
€75k▼ 22.2%
The debt ratio falls from 42.8% to 32.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €38k
Cash flow
€41k▲
2024 · €33k
Solvency
67.6%▲
2024 · 57.2%
Current ratio
0.93▲
2024 · 0.61
Quick ratio
0.93▲
2024 · 0.61
Debt / equity
0.48▼
2024 · 0.75
ROE
17.7%▲
2024 · 16.1%
ROA
12.0%▲
2024 · 9.2%
Interest coverage
85.64▲
2024 · 51.08
Debt
€75k▼
2024 · €97k
Debt ≤ 1 year
€73k▼
2024 · €89k
Debt > 1 year
€2k▼
2024 · €7k
Income taxes
€13k▲
2024 · €4k
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€226k€232k▲
Fixed assets21/28€172k€164k▼
Tangible fixed assets22/27€171k€164k▼
Land and buildings22€166k€159k▼
Plant, machinery and equipment23€5k€5k▼
Financial fixed assets28€38€38=
Current assets29/58€54k€68k▲
Amounts receivable within one year40/41€1k€527▼
Trade receivables40€732-
Other amounts receivable41€364€527▲
Cash at bank and in hand54/58€53k€67k▲
Deferred charges and accrued income490/1€511€980▲
Equity and liabilities
Total equity and liabilities10/49€226k€232k▲
Equity10/15€129k€157k▲
Contributions10/11€25k€25k=
Reserves13€136k€164k▲
Tax-exempt reserves132€18k€18k=
Distributable reserves133€118k€146k▲
Profit (loss) carried forward14€-32k€-32k=
Amounts payable17/49€97k€75k▼
Amounts payable after more than one year17€7k€2k▼
Financial debts170/4€7k€2k▼
Amounts payable within one year42/48€89k€73k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€290€5k▲
Suppliers440/4€290€5k▲
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€82k€58k▼
Accrued charges and deferred income492/3€14-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€44k€61k▲
Operating profit (loss)9901€26k€42k▲
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€745€640▼
Recurring financial charges65€745€640▼
Profit (loss) for the period before taxes9903€25k€41k▲
Income taxes67/77€4k€13k▲
Profit (loss) for the period9904€21k€28k▲
Profit (loss) for the period to be appropriated9905€21k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-4k▲
Profit (loss) brought forward from the previous period14P€-32k€-32k=
Transfer to equity691/2€21k€28k▲
To other reserves6921€21k€28k▲
The notes to these accounts (7 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
17-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €28k ▲33.6%
Operating result €42k, net result €28k, both a record.
30-06
Financial
Equity above €150kEq €157k ▲21.5%
6 profitable years in a row build equity to €157k.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Equity above €100kEq €104k ▲8.9%
3 profitable years in a row build equity to €104k.
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
13-12
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
6 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, Diksmuide · 1 establishment unit since 1992
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.
Woumenweg 6A8600 DiksmuideGround area
1,782 m²
Building footprint
628 m²
Volume, LiDAR
3,884 m³
Parcel 32003B0163/00N004, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Woumenstraat(ESE) 6 B, 8600 Diksmuide
since 19922.057.909.240
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32003B0163/00N004 | Flanders | 1,782 m² | 1 · 628 m² | 11.4 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.
Similar companies · same sector, comparable size
TEVEMA
BE 0434.258.904
Oud-Turnhout · Eq €157k
MARCHE DE L'OCCASION
BE 0465.850.715
Fosses-la-Ville · Eq €158k
IGODT
BE 0835.998.557
Ieper · Eq €156k
MAISON PIVOT-BADOUX SA
BE 0479.966.985
Nandrin · Eq €159k
ABLem Invest
BE 0599.919.066
Knokke-Heist · Eq €159k
Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 953 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-1992
Fiscal year end30-06
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
43990Other specialised construction activities
43999Specialised construction activities
45250
46831Wholesale of construction materials, general range
47552Retail sale of lighting equipment
47592Retail trade
51532
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.