CARTEX
ActiveSummary
For CARTEX, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €4,474 and a net result of €326. Equity is shrinking by ~23.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2024. Its solvency ranks better than 71% of 4583 sector peers (fiscal year 2021). The company has been active since 1986 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability68▲+68
Solvency77▲+4
Growth32=
Track record92
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2021Solvency, return and age of the figures
Solvency
52.4%
Return on assets
3.8%
Age of the figures
57 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-08-2022, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
29 d late
2020
108 d late
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 68 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€4,474▲ 7.9%
2020 · €4,148
Total assets
€8,543▼ 0.4%
2020 · €8,580
Net result
€326
2020 · -€3,689
Working capital
€4,474▲ 10.5%
2020 · €4,048
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€1,700--€134-€3,598▼ 2,588%€424
Net result€1,615--€223-€3,689within the sector's middle half▼ 1,558%€326within the sector's middle half
Equity€8,060-€7,837▼ 2.8%€4,148within the sector's middle half▼ 47.1%€4,474within the sector's middle half▲ 7.9%
Total assets€12,197-€12,156▼ 0.3%€8,580below the sector's middle half▼ 29.4%€8,543below the sector's middle half▼ 0.4%
Debt€4,137-€4,319▲ 4.4%€4,432▲ 2.6%€4,069▼ 8.2%
Working capital€7,591-€7,404▼ 2.5%€4,048within the sector's middle half▼ 45.3%€4,474within the sector's middle half▲ 10.5%
Solvency66.1%-64.5%▼ 1.6pp48.3%within the sector's middle half▼ 16.1pp52.4%within the sector's middle half▲ 4.0pp
Current ratio2.84-2.71▼ 0.121.91within the sector's middle half▼ 0.802.10within the sector's middle half▲ 0.19
Return on assets (ROA)13.2%--1.8%▼ 15.1pp-43.0%below the sector's middle half▼ 41.2pp3.8%within the sector's middle half▲ 46.8pp
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €424 after a loss of €3,598 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €8,543
Equity
€4,474 ▲ 7.9%
Debt
€4,069 ▼ 8.2%
Debt's share of the balance-sheet total falls from 51.7% to 47.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€524▲
2020 · -€3,264
Cash flow
€426▲
2020 · -€3,355
Debt to equity
0.91
ROE
7.3%▲
2020 · -88.9%
Interest coverage
5.35
Debt ≤ 1 year
€4,069▼
2020 · €4,432
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €234 | €334 | €334 | €100 | ▼ 70.1% |
| Other operating charges640/8 | - | - | - | €341 | - |
| Non-recurring operating charges66A | - | - | - | €270 | - |
| Gross operating margin9900 | €2,281 | €2,005 | -€2,026 | €1,135 | ▲ 156% |
| Operating profit (loss)9901 | €1,700 | -€134 | -€3,598 | €424 | ▲ 112% |
| Financial charges65/66B | - | - | - | €98 | - |
| Recurring financial charges65 | €85 | €89 | €92 | €98 | ▲ 7.0% |
| Profit (loss) for the period before taxes9903 | €1,615 | -€223 | -€3,689 | €326 | ▲ 109% |
| Profit (loss) for the period9904 | €1,615 | -€223 | -€3,689 | €326 | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | €1,615 | -€223 | -€3,689 | €326 | ▲ 109% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12,197 | €12,156 | €8,580 | €8,543 | ▼ 0.4% |
| Fixed assets21/28 | €469 | €434 | €100 | - | - |
| Tangible fixed assets22/27 | €469 | €434 | €100 | - | - |
| Current assets29/58 | €11,728 | €11,722 | €8,480 | €8,543 | ▲ 0.7% |
| Amounts receivable within one year40/41 | €8,793 | €10,654 | €6,670 | €8,518 | ▲ 27.7% |
| Trade receivables40 | - | - | - | €3,440 | - |
| Other amounts receivable41 | - | - | - | €5,078 | - |
| Cash at bank and in hand54/58 | €2,144 | €781 | €1,540 | €25 | ▼ 98.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12,197 | €12,156 | €8,580 | €8,543 | ▼ 0.4% |
| Equity10/15 | €8,060 | €7,837 | €4,148 | €4,474 | ▲ 7.9% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | €18,592 | - |
| Issued capital100 | - | - | - | €18,592 | - |
| Reserves13 | €1,771 | €1,771 | €1,771 | €1,771 | = |
| Non-distributable reserves130/1 | - | - | - | €1,771 | - |
| Legal reserve130 | - | - | - | €1,771 | - |
| Profit (loss) carried forward14 | -€12,303 | -€12,526 | -€16,215 | -€15,889 | ▲ 2.0% |
| Amounts payable17/49 | €4,137 | €4,319 | €4,432 | €4,069 | ▼ 8.2% |
| Amounts payable within one year42/48 | €4,137 | €4,319 | €4,432 | €4,069 | ▼ 8.2% |
| Trade debts44 | €68 | €250 | €363 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €3,333 | - |
| Taxes450/3 | - | - | - | €3,333 | - |
| Other amounts payable47/48 | - | - | - | €736 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,615 | -€223 | -€3,689 | €326 | ▲ 109% |
| + Depreciation and write-downs630 | €234 | €334 | €334 | €100 | ▼ 70.1% |
| Operating cash flow (approximation) | €1,849 | €111 | -€3,355 | €426 | ▲ 113% |
| Investment in fixed assets (approximation) | - | -€299 | €0 | - | - |
| Change in cash | - | -€1,363 | €759 | -€1,515 | ▼ 300% |
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
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €326
Net result €326 after 2 loss-making years.
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
2020
31-12
Financial
Weakest financial yearnet -€3,689
Net result drops to -€3,689, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
12-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 43 days late
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 60 days late
2014
18-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 18 days late
2013
27-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 58 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 1994
Ground area
124 m²
Building footprint
124 m²
Volume, LiDAR
1,540 m³
Parcel 21562A0183/00D002, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Fortstraat 109, 1060 Sint-Gillis (bij-Brussel)
since 19942.035.312.594
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0183/00D002 | Brussels | 124 m² | 1 · 124 m² | 18.6 m · 5 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, comparable size
ADJO GROUP
BE 0686.869.668
Hasselt · Eq €4,486
SALES ASSIST
BE 0834.968.080
Herentals · Eq €4,501
Kenon
BE 1000.693.273
Antwerpen · Eq €4,407
ALTERNATIEF
BE 0471.976.957
Gent · Eq €4,391
ADM works
BE 0743.742.451
Antwerpen · Eq €4,358
Of 6,992 companies in this sector we hold annual accounts for 603. 253 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded12-08-1986
Fiscal year end31-12
Activities, NACEBEL 2025
96999Other personal services
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.