CARTA
ActiveSummary
CARTA has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41.8m and a net result of €35,218. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▲+2
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 23.7 against 12.87 in 2024; short-term debt: 0.4% and cash: 0.5% of total assets), and 20.5% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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 87
Relative position
BE, all sectors
reference
Residential care activities (NACE 87)
about 77% fewer bankruptcies
← 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
79.5%
Return on assets
0.1%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 02-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
29 d early
2023
20 d early
2022
16 d early
2021
10 d early
2020
42 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 24% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-12-2026 close30-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#1 company by equity in the Brussels-Capital Region, Residential care sector#4 company by total assets in Anderlecht, Health and social work sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€35,218
2024 · -€175,717
Working capital
€4.4m▲ 15.1%
2024 · €3.8m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€254,403▲ 176%€225,032▼ 11.5%€280,554▲ 24.7%€231,707▼ 17.4%€452,320▲ 95.2%
Net result-€42,541below the sector's middle half-€75,127below the sector's middle half▼ 76.6%-€47,145below the sector's middle half▲ 37.2%-€175,717below the sector's middle half▼ 273%€35,218within the sector's middle half
Equity€42.0mabove the sector's middle half▲ 60.8%€42.0mabove the sector's middle half▼ 0.2%€41.9mabove the sector's middle half▼ 0.1%€41.7mabove the sector's middle half▼ 0.4%€41.8mabove the sector's middle half▲ 0.1%
Total assets€47.2mabove the sector's middle half▲ 50.7%€52.5mabove the sector's middle half▲ 11.3%€52.8mabove the sector's middle half▲ 0.6%€52.8mabove the sector's middle half▼ 0.2%€52.5mabove the sector's middle half▼ 0.4%
Debt€5.1m▲ 0.1%€10.6m▲ 107%€10.9m▲ 3.5%€11.0m▲ 0.8%€10.8m▼ 2.3%
Working capital€43,011below the sector's middle half▼ 79.6%€3.8mabove the sector's middle half▲ 8,745%€4.0mabove the sector's middle half▲ 5.1%€3.8mabove the sector's middle half▼ 4.2%€4.4mabove the sector's middle half▲ 15.1%
Solvency89.0%above the sector's middle half▲ 5.6pp79.9%above the sector's middle half▼ 9.2pp79.3%above the sector's middle half▼ 0.6pp79.1%above the sector's middle half▼ 0.2pp79.5%above the sector's middle half▲ 0.4pp
Current ratio1.14below the sector's middle half▼ 0.5711.25above the sector's middle half▲ 10.1112.31above the sector's middle half▲ 1.0612.87above the sector's middle half▲ 0.5623.70above the sector's middle half▲ 10.83
Return on assets (ROA)-0.1%within the sector's middle half▼ 0.2pp-0.1%within the sector's middle half▼ 0.1pp-0.1%within the sector's middle half▲ 0.1pp-0.3%within the sector's middle half▼ 0.2pp0.1%within the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 95% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52.5m
Fixed assets
€47.9m ▼ 1.4%
Current assets
€4.6m ▲ 10.8%
Equity and liabilities €52.5m
Equity
€41.8m ▲ 0.1%
Debt
€10.8m ▼ 2.3%
Debt's share of the balance-sheet total falls from 20.9% to 20.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€603,777▲
2024 · €420,198
Cash flow
€186,675▲
2024 · €12,775
Debt to equity
0.26▼
2024 · 0.26
ROE
0.1%▲
2024 · -0.4%
Interest coverage
0.77▲
2024 · 0.55
Debt ≤ 1 year
€194,154▼
2024 · €322,678
Debt > 1 year
€10.4m▼
2024 · €10.5m
Income taxes
€0▼
2024 · €76
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €114,253 | €233,896 | €164,983 | €188,492 | €151,457 | ▼ 19.6% |
| Other operating charges640/8 | €6,850 | €13,551 | €16,442 | €17,684 | €18,653 | ▲ 5.5% |
| Gross operating margin9900 | €375,507 | €472,479 | €461,978 | €437,882 | €622,430 | ▲ 42.1% |
| Operating profit (loss)9901 | €254,403 | €225,032 | €280,554 | €231,707 | €452,320 | ▲ 95.2% |
| Financial income75/76B | €5,471 | €251,112 | €389,150 | €350,921 | €365,962 | ▲ 4.3% |
| Recurring financial income75 | €5,471 | €251,112 | €389,150 | €350,921 | €365,962 | ▲ 4.3% |
| Financial charges65/66B | €306,247 | €617,996 | €716,709 | €758,269 | €783,064 | ▲ 3.3% |
| Recurring financial charges65 | €306,247 | €617,996 | €716,709 | €758,269 | €783,064 | ▲ 3.3% |
| Profit (loss) for the period before taxes9903 | -€46,373 | -€141,852 | -€47,005 | -€175,641 | €35,218 | ▲ 120% |
| Transfer from deferred taxes780 | €4,789 | €67,048 | €0 | - | - | - |
| Income taxes67/77 | €957 | €324 | €140 | €76 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€42,541 | -€75,127 | -€47,145 | -€175,717 | €35,218 | ▲ 120% |
| Transfer from tax-exempt reserves789 | €14,368 | €201,145 | €0 | - | - | - |
| Transfer to tax-exempt reserves689 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€28,174 | €126,018 | -€47,145 | -€175,717 | €35,218 | ▲ 120% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €47.2m | €52.5m | €52.8m | €52.8m | €52.5m | ▼ 0.4% |
| Formation expenses20 | €28,684 | €21,119 | €13,617 | €6,052 | €0 | ▼ 100% |
| Fixed assets21/28 | €46.8m | €48.3m | €48.5m | €48.6m | €47.9m | ▼ 1.4% |
| Intangible fixed assets21 | €205,671 | €181,471 | €157,469 | €133,268 | €109,068 | ▼ 18.2% |
| Tangible fixed assets22/27 | €2.0m | €3.6m | €3.7m | €3.9m | €3.3m | ▼ 14.8% |
| Land and buildings22 | €1.9m | €3.5m | €3.7m | €3.9m | €3.3m | ▼ 14.7% |
| Furniture and vehicles24 | €18,434 | €12,469 | €6,553 | €588 | €0 | ▼ 100% |
| Assets under construction and advance payments27 | €145,302 | €0 | - | - | - | - |
| Financial fixed assets28 | €44.6m | €44.6m | €44.6m | €44.6m | €44.5m | ▼ 0.2% |
| Current assets29/58 | €358,080 | €4.2m | €4.4m | €4.2m | €4.6m | ▲ 10.8% |
| Amounts receivable after more than one year29 | - | - | - | - | €4.1m | - |
| Other amounts receivable291 | - | - | - | - | €4.1m | - |
| Amounts receivable within one year40/41 | €300,099 | €3.8m | €3.9m | €4.1m | €225,924 | ▼ 94.5% |
| Trade receivables40 | €37,790 | €85,419 | €289,928 | €637,383 | €52,359 | ▼ 91.8% |
| Other amounts receivable41 | €262,309 | €3.7m | €3.6m | €3.5m | €173,566 | ▼ 95.0% |
| Cash at bank and in hand54/58 | €57,981 | €160,184 | €94,891 | €25,818 | €276,253 | ▲ 970% |
| Deferred charges and accrued income490/1 | - | €251,112 | €378,283 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €47.2m | €52.5m | €52.8m | €52.8m | €52.5m | ▼ 0.4% |
| Equity10/15 | €42.0m | €42.0m | €41.9m | €41.7m | €41.8m | ▲ 0.1% |
| Contributions10/11 | €395,748 | €395,748 | €395,748 | €395,748 | €395,748 | = |
| Capital10 | €395,748 | €395,748 | €395,748 | €395,748 | €395,748 | = |
| Issued capital100 | €395,748 | €395,748 | €395,748 | €395,748 | €395,748 | = |
| Revaluation surpluses12 | €15.9m | €15.9m | €15.9m | €15.9m | €15.9m | = |
| Reserves13 | €761,033 | €559,888 | €559,888 | €559,888 | €559,888 | = |
| Non-distributable reserves130/1 | €39,575 | €39,575 | €39,575 | €39,575 | €39,575 | = |
| Legal reserve130 | €39,575 | €39,575 | €39,575 | €39,575 | €39,575 | = |
| Tax-exempt reserves132 | €229,069 | €27,924 | €27,924 | €27,924 | €27,924 | = |
| Distributable reserves133 | €492,390 | €492,390 | €492,390 | €492,390 | €492,390 | = |
| Profit (loss) carried forward14 | €24.9m | €25.1m | €25.0m | €24.9m | €24.9m | ▲ 0.1% |
| Provisions and deferred taxes16 | €67,048 | €0 | - | - | - | - |
| Deferred taxes168 | €67,048 | €0 | - | - | - | - |
| Amounts payable17/49 | €5.1m | €10.6m | €10.9m | €11.0m | €10.8m | ▼ 2.3% |
| Amounts payable after more than one year17 | €4.8m | €10.0m | €10.4m | €10.5m | €10.4m | ▼ 1.3% |
| Financial debts170/4 | €4.8m | €10.0m | €10.4m | €10.5m | €10.4m | ▼ 1.3% |
| Amounts payable within one year42/48 | €315,069 | €371,327 | €353,466 | €322,678 | €194,154 | ▼ 39.8% |
| Current portion of amounts payable after more than one year42 | €144,977 | €180,783 | €205,848 | €200,439 | €165,656 | ▼ 17.4% |
| Trade debts44 | €1,144 | €63,648 | €6,140 | €5,198 | €289 | ▼ 94.4% |
| Suppliers440/4 | €1,144 | €63,648 | €6,140 | €5,198 | €289 | ▼ 94.4% |
| Taxes, remuneration and social security45 | €7,495 | €2,161 | €2,366 | €2,224 | €2,003 | ▼ 9.9% |
| Taxes450/3 | €7,495 | €2,161 | €2,366 | €2,224 | €2,003 | ▼ 9.9% |
| Other amounts payable47/48 | €161,453 | €124,735 | €139,111 | €114,817 | €26,206 | ▼ 77.2% |
| Accrued charges and deferred income492/3 | €12,310 | €160,037 | €159,962 | €164,893 | €171,510 | ▲ 4.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€42,541 | -€75,127 | -€47,145 | -€175,717 | €35,218 | ▲ 120% |
| + Depreciation and write-downs630 | €114,253 | €233,896 | €164,983 | €188,492 | €151,457 | ▼ 19.6% |
| Operating cash flow (approximation) | €71,712 | €158,768 | €117,838 | €12,775 | €186,675 | ▲ 1,361% |
| Investment in fixed assets (approximation) | - | -€1.7m | -€315,446 | -€309,750 | €513,676 | ▲ 266% |
| Change in cash | - | €102,203 | -€65,293 | -€69,073 | €250,435 | ▲ 463% |
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
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-12
Financial
Back to profitnet €35,218
Net result €35,218 after 4 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-12
Financial
Weakest financial yearnet -€175,717
Net result drops to -€175,717, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-12
Financial
Liquidity times 10current ratio 11.25
Current ratio from 1.14 to 11.25.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-12
Financial
Highest result since 2018net €24.4m ▲247,258%
Net result €24.4m, the highest in the series.
30-12
Financial
Equity above €25mEq €26.1m ▲1,442%
2 profitable years in a row build equity to €26.1m.
Show earlier events
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
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.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Anderlecht · 2 establishment units since 1992
Ground area
2,703 m²
Building footprint
1,243 m²
Volume, LiDAR
19,962 m³
2 parcels, Brussels, Flanders · tallest building 29.1 m, ±8 floors. Linked by address, not a title deed.
36
companies at this address
See who is registered here
2 establishment units
CARTA
since 19922.058.078.296
Astridplein(Odk) 6, 8670 Koksijde
since 20202.301.708.050
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0023/00A010 | Brussels | 2,610 m² | 1 · 1,123 m² | 19.0 m · 6 fl. |
| 38502G0077/00C000 | Flanders | 92 m² | 1 · 120 m² | 29.1 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 holdings · 5 subsidiaries in the treeOwners 0
The accounts to 30-12-2025 list no shareholders, and no other source names one.
Holdings 3
-
100%
-
100%
- Equity €34.3mResult -€13.1m50%
All subsidiaries, including indirect ones 5
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
ABC HOLDING 100%3 subsidiaries
- Ter Eiken Boechout 100%
- Ter Eiken Essen 100%
- TER EIKEN SPORT 100%
- LEVEL UP SERVICES 100%
According to the annual accounts to 30-12-2025 of CARTA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 322 companies in sector 87101 we hold annual accounts for 235. 101 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
Founded23-12-1991
Fiscal year end30-12
Activities, NACEBEL 2025
87101Residential care activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446323625
Also
9925:BE0446323625
Registered
30-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.