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Complete company report
Generated 22-08-2026
Active BE 0743.696.822Private limited company

CARSMAY

Rue du Parc 19 ·6000 Charleroi, Belgium· 6 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of CARSMAY is 12.1% (high). The 2023 annual accounts show negative equity (€-8k) and a net result of €-350. Equity is shrinking by ~69.3% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €-8k
Net result €-350
Active 6 yrs
Board 1
Financial profile 5 of 5 axes measured · computed by Checked
Health18Profitability22Solvency33Growth58Stability100
46 / 100

Mixed profile: strong on stability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 18
Profitability 22
Solvency 33
Growth 58
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
12.1% High
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +No NACE activity registered +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
18 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 31-08-2024 with the NBB · fiscal year 2023 · micro
€-10k€0€10k€20k€30kOperating result 2020: €-5k€-5kNet result 2020: €-1k€-1kRevenue 2021: €27k€27kOperating result 2021: €-3k€-3kNet result 2021: €-3k€-3kOperating result 2022: €-6k€-6kNet result 2022: €-6k€-6kOperating result 2023: €-163€-163Net result 2023: €-350€-3502020202120222023
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~69.3%/year over 4 fiscal years, indicative, assuming unchanged policy.
€-20k€-15k€-10k€-5k€02024: €-11k (€-12k - €-10k)2025: €-14k (€-15k - €-14k)2026: €-18k (€-18k - €-17k)2020: €2k2021: €-1k2022: €-8k2023: €-8k2020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Revenue
€27k
- 20-23
EBITDA
€-4k
- 20-23
Net profit
€-350
+94.2% 20-23
Cash flow
€-402
- 20-23
Total assets
€768
-42.3% 20-23
Equity
€-8k
-4.6% 20-23
Working capital
€-8k
-4.6% 20-23
Debt
€9k
-2.4% 20-23
Show 8 other metrics
Debt ≤ 1y
€9k
-2.4% 20-23
Current ratio
0.09
-40.9% 20-23
Quick ratio
0.09
-40.9% 20-23
Solvency
-1028.8%
-81.4% 20-23
Debt / equity
-1.10
+6.7% 20-23
ROE
4.4%
-94.5% 20-23
ROA
-45.6%
+90.0% 20-23
Net margin
-11.7%
- 20-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA-
Net profit€-350
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€768
Equity€-8k
Debt€9k
of which ≤ 1y€9k
of which > 1y-
Working capital€-8k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.09
Quick ratio0.09
Working capital ratio-1028.8%
Solvency-1028.8%
Debt / equity-1.10
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-45.6%
ROE4.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (17 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€768
Current assets 29/58€768
Amounts receivable within one year 40/41€205
Cash & bank 54/58€563
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€768
Equity 10/15€-8k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€-11k
Amounts payable 17/49€9k
Amounts payable within one year 42/48€9k
Trade debts payable within one year 44€102
Income statement
Gross operating margin 9900€132
Operating result 9901€-163
Financial charges 65€187
Result before taxes 9903€-350
Net result for the period 9904€-350
Result to be appropriated 9905€-350
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 4 directors
Current directors & mandates
  • Michael De Vuyt
    Director
    State Gazette act 25044054 (03-04-2025)
    Current
    03-04-2025 → present
Former directors (3)
  • Bakali Mohamed
    Director
    State Gazette act 25044054 (03-04-2025)
    Former
    - → 03-04-2025
  • Samadi Yones
    Director
    State Gazette act 25044054 (03-04-2025)
    Former
    - → 03-04-2025
  • Mr. Balaagaou Nabil
    Director
    State Gazette act 24018385 (30-01-2024)
    Former
    - → 31-12-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation14-02-2020
StatusActive
Postal code6000
Establishment units 2 locations
CARSMAY
Tweekerkenstraat 101, 1210 Sint-Joost-ten-NodeGroothandel in auto's en lichte bestelwagens (= 3,5 ton)
since 20202.299.456.462
GLOBAL SERVICES CARS
Rue du Parc 19, 6000 CharleroiDetailhandel in andere motorvoertuigen (> 3,5 ton)
since 20252.373.854.076
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
52011B0239/00H164 Wallonia 91 m² 1 · 89 m² 14.6 m · 5 fl.
21572B0259/00X002 Brussels 37 m² 1 · 33 m² 18.2 m · 5 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
03-04-2025
State Gazette act Capital & shares
2024
31-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
30-01-2024
State Gazette act Director changes
2023
31-12-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
27-06-2023
State Gazette act Capital & shares
2022
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
06-12-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 3 acts
Capital history · 2
03-04-2025
Capital change
27-06-2023
Capital change
All acts · 3 updated 1 year ago
2025
03-04-2025 Transaction in capital or shares Capital & shares
Technical details 
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          "name": "Michael De Vuyst",
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        },
        {
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      ],
      "decrease_purpose": null,
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        }
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      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "assembl\u00E9e_general_extraordinaire",
    "act_date": "2025-03-24",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0743.696.822",
    "name_full": "CARSMAY",
    "legal_form": "Societe \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Michael De Vuyst",
      "role": "aandeelhouder",
      "n_shares": null,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
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      "name": "Samadi Yones",
      "role": "aandeelhouder",
      "n_shares": null,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
2024
30-01-2024 Mr. Balaagaou Nabil resigns as director Director changes
  • Mr. Balaagaou Nabil, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Mr. Balaagaou Nabil",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2023-12-31",
      "evidence_quote": "Mr. Balaagaou Nabil, d\u00E9missionne de son poste d\u0027administrateur en date du 31/12/2023",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2023-12-31",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0743.696.822",
    "name_full": "CARSMAY",
    "legal_form": "SRL",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Mr. Samadi Yones",
    "org_rep_person_name": null,
    "person_role_at_subject": "pr\u00E9sident"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2023
27-06-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
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      "delta_eur": null,
      "before_eur": null,
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      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
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      "delta_eur": null,
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      "subscribers": [
        {
          "kbo": null,
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          "name": "SAMADI Yones",
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          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "BAKALI MOHAMED",
          "share_class": null,
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    },
    {
      "kind": "share_class_creation",
      "after_eur": null,
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      "share_emission": {
        "agio_eur": null,
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        "with_new_shares": true,
        "nominal_value_eur": null,
        "issue_price_per_share_eur": null
      },
      "decrease_purpose": null,
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    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Rexelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2023-06-27",
    "filing_date": "2023-06-19",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2023-06-12",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-06-12"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0743.696.822",
    "name_full": "CARSMAY",
    "legal_form": "SRL",
    "_kbo_filled_from_list": true,
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  },
  "publication_proxy": {
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  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 70.0,
      "kind": "person",
      "name": "SAMADI Yones",
      "role": "g\u00E9rant_statutaire",
      "n_shares": 70,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 30.0,
      "kind": "person",
      "name": "BAKALI MOHAMED",
      "role": "aandeelhouder",
      "n_shares": 30,
      "share_class": null
    }
  ],
  "share_classes_after": [
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    }
  ]
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR CARSMAY
Registered office
Rue du Parc 19
6000 Charleroi, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative