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Cartojet

Active
Private limited companyfounded 2015active for 11 yearsDronckaertstraat 47, 8930 Menen, BelgiumKBO/BCE: BE 0629.949.969
Summary

The computed 12-month bankruptcy probability of Cartojet is 2.7% (moderate). The annual accounts of Cartojet for financial year 2025 show a net loss of 60% of total assets and of 99% of the equity at the start of that year. The 2025 annual accounts show equity of €2,191 and a net result of -€202,719. Equity has been stable since 2019 (±1.5% per year). Its solvency ranks better than 14% of 12,757 sector peers (NACE 47, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 11-05-2015 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110and 3 others
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 30-06-2025
Establishment unit
2.241.856.080 8930 Menen, since 01-07-2015
Financial year end
30 June
Peppol
Reachable since 26-01-2026

Board and ownership

Board
  • RUBELLEDirector · permanent representative Ruben PLATTEEUW
Shareholders
  • RUBELLE2025 annual accounts of RUBELLE
  • Mawolar30-06-2024 annual accounts of Mawolar

Financial position

49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.7%
Annual accounts to 30-06-2025
Gross margin
€123,317
▼ 76.4%
Turnover
≈ €1.1m
estimated
Loss
€202,719
Equity
€2,191
▼ 98.9%
Total assets
€339,853
▼ 48.7%
Employees on 30-06-2025
6
▼ 14.3%
Filed on 29-01-2026, 2 days before the deadline
Score breakdownraises riskLoss of €202,719 (financial year 2025)Equity €2,191 (0.6% of total assets)Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 0.92, cash €74,761, halvedShow the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 26-30
equity 0.6% of total assets
Liquidity 27-31
short-term debt 95.1% · cash 22.0%
Profitability 0-92
return on assets -59.6%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.9%▲ +0.4 percentage points vs 01-2025 03-2025: 0.4%▼ -0.5 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.4%▼ -0.1 percentage points vs 10-2025lowest value 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025 02-2026: 1.0%▲ +0.5 percentage points vs 01-2026 03-2026: 3.2%▲ +2.2 percentage points vs 02-2026highest value 04-2026: 3.0%▼ -0.2 percentage points vs 03-2026 05-2026: 3.0%● unchanged vs 04-2026 06-2026: 2.9%▼ -0.1 percentage points vs 05-2026 07-2026: 2.9%● unchanged vs 06-2026 08-2026: 2.9%● unchanged vs 07-2026 09-2026: 2.7%▼ -0.2 percentage points vs 08-2026 10-2026: 2.7%● unchanged vs 09-2026 11-2026: 2.7%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.92 (1.37 in 2024), below 1. Short-term debt is 95.1% and cash 22% of total assets. 99.4% of the assets are financed with debt and provisions.
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 47, micro). It does better than 19% of them on solvency, 25% on liquidity, 6% on profitability and 5% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €202,719 (financial year 2025)
NBB · annual accounts
raises risk · Equity €2,191 (0.6% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.92, cash €74,761, halved
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 12757 sector peers (2025).
NBB · sector comparison
Position among 12757 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
4 days late
2023
51 days early
2022
35 days early
2021
27 days early
2020
48 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 4 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €204,910 to €2,191 ▼ 98.9% View
  • Caution: Lower net result than 95% of companies in retail tradesector median €27,641 · 12,747 companies -€202,719 View

Comparable companies

These companies have the same main activity as Cartojet: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €296,000 and €482,000, founded between 2011 and 2016.

CompanyTotal assetsGross margin
Cartojet Menen€339,853€123,317
LAMAINDIS Frasnes-lez-Anvaing€319,036€79,484
DELETVIN Soignies€482,074€106,045
S&Y GROUP Grimbergen€421,063€209,831
KIKOTEC Tienen€296,470€135,050
JURTAN Dendermonde€424,586€178,670
DS DISTRIBUTION Plombières€309,566€194,598
Full comparison

Key facts about Cartojet

What is the company number of Cartojet?
The company number of Cartojet is 0629.949.969. The VAT number is the same number with BE in front: BE 0629.949.969.
Where is Cartojet based?
The registered office is at Dronckaertstraat 47, 8930 Menen.Company details
What does Cartojet do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of Cartojet?
The legal form of Cartojet is Private limited company (BV).
When was Cartojet founded?
Cartojet was founded on 11-05-2015.
Is Cartojet still active?
Yes, Cartojet is an active enterprise in the KBO register.
How many employees does Cartojet have?
Cartojet had an average of 6.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Cartojet fall under?
In its 30-06-2025 annual accounts, Cartojet states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of Cartojet?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €123,317 and 32 comparable companies (NACE 47110). It probably lies between €810,000 and €1.5m.
Is Cartojet profitable?
In financial year 2025, Cartojet made a loss of €202,719.
Where can I find the annual accounts of Cartojet?
Cartojet filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Cartojet due?
Cartojet must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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