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CARTERRA

Active
Private limited companyfounded 20242 yrs activePolderlaan 52, 8370 Blankenberge, BelgiumKBO/BCE: BE 1013.748.087
Summary

CARTERRA has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€24,215) and a net result of -€27,215. Its solvency ranks better than 6% of 2028 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes
Profitability0
Solvency3
Growth-
Track record67
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2; short-term debt: 122.4% and cash: 17.7% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-22.4%
Return on assets
-25.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CARTERRA was incorporated on 18 September 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€24,215
Total assets
€108,325
Net result
-€27,215
Working capital
-€105,983

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €108,325
Fixed assets €81,768
Current assets €26,556
Key figures and ratios
2025 value
EBITDA
-€6,396
Cash flow
-€6,463
Solvency
-22.4%
Current ratio
0.20
Debt to equity
-5.47
ROA
-25.1%
Interest coverage
-94.75
Debt
€132,539
Debt ≤ 1 year
€132,539

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,663 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€108,325
Fixed assets21/28€81,768
Tangible fixed assets22/27€81,768
Plant, machinery and equipment23€19,912
Furniture and vehicles24€61,856
Current assets29/58€26,556
Amounts receivable within one year40/41€4,465
Other amounts receivable41€4,465
Cash at bank and in hand54/58€19,162
Deferred charges and accrued income490/1€2,930
Equity and liabilities
Total equity and liabilities10/49€108,325
Equity10/15-€24,215
Contributions10/11€3,000
Profit (loss) carried forward14-€27,215
Amounts payable17/49€132,539
Amounts payable within one year42/48€132,539
Trade debts44€12,530
Suppliers440/4€12,530
Taxes, remuneration and social security45€9
Taxes450/3€9
Other amounts payable47/48€120,000
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,752
Other operating charges640/8€358
Gross operating margin9900-€6,038
Operating profit (loss)9901-€27,147
Financial charges65/66B€68
Recurring financial charges65€68
Profit (loss) for the period before taxes9903-€27,215
Profit (loss) for the period9904-€27,215
Profit (loss) for the period to be appropriated9905-€27,215
Appropriation of the result
Profit (loss) to be appropriated9906-€27,215

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,752
Other operating charges640/8€358
Gross operating margin9900-€6,038
Operating profit (loss)9901-€27,147
Financial charges65/66B€68
Recurring financial charges65€68
Profit (loss) for the period before taxes9903-€27,215
Profit (loss) for the period9904-€27,215
Profit (loss) for the period to be appropriated9905-€27,215
Line2025
Assets
Total assets20/58€108,325
Fixed assets21/28€81,768
Tangible fixed assets22/27€81,768
Plant, machinery and equipment23€19,912
Furniture and vehicles24€61,856
Current assets29/58€26,556
Amounts receivable within one year40/41€4,465
Other amounts receivable41€4,465
Cash at bank and in hand54/58€19,162
Deferred charges and accrued income490/1€2,930
Equity and liabilities
Total equity and liabilities10/49€108,325
Equity10/15-€24,215
Contributions10/11€3,000
Profit (loss) carried forward14-€27,215
Amounts payable17/49€132,539
Amounts payable within one year42/48€132,539
Trade debts44€12,530
Suppliers440/4€12,530
Taxes, remuneration and social security45€9
Taxes450/3€9
Other amounts payable47/48€120,000
Line2025
Profit (loss) for the period9904-€27,215
+ Depreciation and write-downs630€20,752
Operating cash flow (approximation)-€6,463

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Blankenberge · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
9.7 ha
Building footprint
591 m²
Volume, LiDAR
2,039 m³
Parcel 31034A0632/00D000, Flanders · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Carterra
Polderlaan 52, 8370 BlankenbergeNACE 45112
since 20242.363.791.020
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31034A0632/00D000 Flanders 9.7 ha 1 · 591 m² 4.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,759 companies in sector 71122 we hold annual accounts for 771. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71122Land surveying
49410Freight transport by road
52250Logistics services
70200Business and other management consultancy
74999Other professional, scientific and technical activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013748087
Registered 14-10-2024

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.