CARTHEA
ActiveSummary
CARTHEA has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,860) and a net result of -€4,035. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 13% of 2,087 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Official details
Source: KBO- Status
- Active since 06-10-2014 Normal situation
- Activity
- Market research and public opinion polling NACE 73200
- Establishment unit
- 2.243.201.115 1050 Ixelles, since 06-10-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Board and ownership
- JADE GROUPManager · permanent representative Denis Delforge
- Denis DELFORGEall the sharesdeed of 23-11-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- €2,383
- ▼ 83.1%
- Turnover
- ≈ €14,000
- estimated
- Loss
- €4,035
- Equity
- -€3,860
- Total assets
- €47,985
- ▲ 36.3%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€3,860Loss of €4,035 (financial year 2025)lowers riskSize: total assets €47,985Founded in 2014Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 73, micro). It does better than 11% of them on solvency, 46% on liquidity, 32% on profitability and 0% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 60 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€3,860 View
- Caution: Lower solvency than 86% of companies in advertising and market researchsector median 44.3% · 2,087 companies -8.0% View
- Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
Recent changes
- · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsFounding capital of €18,600, 186 shares · Permanent representative: Denis DELFORGE · Denis DELFORGE holds all the shares
- · Gazette deed 1 manager appointed, 1 manager resigningResignation: Janet Mathonet (director and manager) · Appointment: Jade Group (director and manager) · Permanent representative: Denis Delforge
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as CARTHEA: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €31,500 and €83,100, founded between 2011 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| CARTHEA Ixelles | €47,985 | €2,383 |
| GQ & Sons Brussels | €54,283 | €5,985 |
| Witters Management Lommel | €50,553 | -€6,950 |
| STRYBOL TRADING COMPANY Mechelen | €36,567 | -€3,410 |
| EL8 CONSULTING Overijse | €35,381 | -€6,040 |
| 4A.id Finance Grez-Doiceau | €31,509 | -€2,954 |
| SD2MH Koekelberg | €83,093 | -€5,660 |
Key facts about CARTHEA
- What is the company number of CARTHEA?
- The company number of CARTHEA is 0563.661.060. The VAT number is the same number with BE in front: BE 0563.661.060.
- Where is CARTHEA based?
- The registered office is at Gen.Geneesheer Derachelaan 153, 1050 Ixelles.Company details
- What does CARTHEA do?
- According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
- What is the legal form of CARTHEA?
- CARTHEA is a private limited company (BV).
- When was CARTHEA founded?
- CARTHEA was founded on 06-10-2014.
- Is CARTHEA still active?
- Yes, CARTHEA is an active enterprise in the KBO register.
- What is the turnover of CARTHEA?
- The turnover in financial year 2025 is ≈ €14,000. This figure is estimated from the gross margin of €2,383 and 40 comparable companies (NACE 73). It probably lies between €6,200 and €22,000. It is a rough estimate. In financial year 2021 turnover was €0.Financials
- Is CARTHEA profitable?
- In financial year 2025, CARTHEA made a loss of €4,035.
- Where can I find the annual accounts of CARTHEA?
- CARTHEA filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CARTHEA due?
- CARTHEA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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