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CARTELLE Association

Active
Private limited companyfounded 2025active for 1 yearXhoffraix-Rue de la Borbotte 34, 4960 Malmedy, BelgiumKBO/BCE: BE 1028.107.156
Summary

CARTELLE Association has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,262 and a net result of €262. Its solvency ranks better than 94% of 22,382 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Intermediation services for non-specialised retail
NACE 47910
1 site
Size
€2,513total assets 2025
Equity
€2,262
Profit
€262
Turnover not published (micro format)
Financial health
71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts 7 days early
Why 71raises riskSize: total assets €2,513Founded in 2025lowers riskLiquidity: current ratio 10.01, cash €393Equity €2,262 (90.0% of total assets)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 71% of its sector peers (NACE 47, micro)
Financial strength
Strong
Solvency 100
equity 90.0% of total assets
Liquidity 70
short-term debt 10.0% · cash 15.6%
Profitability 64
return on assets 10.4%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,225 companies, NACE 47, micro)
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 92% on solvency, 76% on liquidity and 45% on profitability.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €2,513
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 10.01, cash €393
NBB · annual accounts
lowers risk · Equity €2,262 (90.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
7 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Appointment: CARTELLE Michael (additional director)Declaration
  3. IncorporationAppointment: CARTELLE Lucien Robert Jean…

Key points

  • Positive: Among the best 6% on solvencysector median 33.4% · 22,382 companies 90.0% View
  • Founded 12 months agofounded 25-09-2025 12 months View
  • New directorlatest change 19-05-2026 · 2 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€2,513
Profit
€262
Solvency
90.0%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Intermediation services for non-specialised retailNACE 47910
Founded
25-09-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
34
Who signs
Each director alone
Purpose
“L’achat et la revente de cartes Pokémon scellées; L’achat, la vente, l'importation…” (deed in French)
Statutory auditor
No statutory auditor
Go to Articles of association

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