Cartojet
ActiveCartojet has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €-203k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 14% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
2
/ 100
Critical▼ -66 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency10▼-47
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 1.37 in 2024), and 99.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
0.6%
Return on assets
-59.6%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 10242 sector peers (2025).
NBB · sector comparisonPosition among 10242 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 filingsDeviation from the deadline
2025
2 d early
2024
4 d late
2023
51 d early
2022
35 d early
2021
27 d early
2020
48 d early
2019
46 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2k▼ 98.9%
2024 · €205k
2019: €134k
2020: €192k
2021: €220k
2022: €243k
2023: €183k
2024: €205k
2019 → 2025
Total assets
€340k▼ 48.7%
2024 · €662k
2019: €578k
2020: €800k
2021: €868k
2022: €1.30M
2023: €940k
2024: €662k
2019 → 2025
Net result
€-203k
2024 · €122k
2019: €154k
2020: €183k
2021: €181k
2022: €148k
2023: €180k
2024: €122k
2019 → 2025
Working capital
€-26k
2024 · €169k
2019: €117k
2020: €91k
2021: €111k
2022: €150k
2023: €119k
2024: €169k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€220k-€243k▲ 10.5%€183k▼ 24.7%€205k▲ 11.8%€2k▼ 98.9%
Operating result€220k-€189k▼ 13.9%€211k▲ 11.6%€200k▼ 5.3%€-193k
Net result€181k-€148k▼ 18.1%€180k▲ 21.5%€122k▼ 32.4%€-203k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €193k after €200k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €340k
Fixed assets
€42k▲ 1.5%
Current assets
€298k▼ 52.0%
Equity and liabilities €340k
Equity
€2k▼ 98.9%
Provisions
€0▼ 100%
Debt
€338k▼ 25.2%
The debt ratio rises from 68.2% to 99.4%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-165k▼
2024 · €254k
Cash flow
€-174k▼
2024 · €176k
Solvency
0.6%▼
2024 · 30.9%
Current ratio
0.92▼
2024 · 1.37
Quick ratio
0.35▼
2024 · 0.59
ROA
-59.6%▼
2024 · 18.4%
Interest coverage
-7.57▼
2024 · 7.30
Debt
€338k▼
2024 · €452k
Debt ≤ 1 year
€323k▼
2024 · €452k
Debt > 1 year
€14k▲
2024 · €0
Income taxes
€0▼
2024 · €45k
Staff costs
€277k▲
2024 · €265k
A ratio outside any meaningful range has been withheld (balance sheet total €340k, equity €2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€662k€340k▼
Fixed assets21/28€42k€42k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€42k€42k▲
Land and buildings22€2k€72▼
Plant, machinery and equipment23€39k€32k▼
Furniture and vehicles24€680€10k▲
Current assets29/58€621k€298k▼
Stocks and contracts in progress3€353k€186k▼
Stocks30/36€353k€186k▼
Amounts receivable within one year40/41€33k€37k▲
Trade receivables40€25k€29k▲
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€235k€75k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€662k€340k▼
Equity10/15€205k€2k▼
Contributions10/11€100k€100k=
Reserves13€105k€0▼
Non-distributable reserves130/1€0-
Other1319€0-
Distributable reserves133€105k€0▼
Profit (loss) carried forward14€0€-98k▼
Provisions and deferred taxes16€6k€0▼
Provisions for liabilities and charges160/5€6k€0▼
Other liabilities and charges164/5€6k€0▼
Amounts payable17/49€452k€338k▼
Amounts payable after more than one year17€0€14k▲
Financial debts170/4€0€14k▲
Amounts payable within one year42/48€452k€323k▼
Current portion of amounts payable after more than one year42€18k€7k▼
Trade debts44€284k€259k▼
Suppliers440/4€284k€259k▼
Taxes, remuneration and social security45€49k€36k▼
Taxes450/3€24k€7k▼
Remuneration and social security454/9€25k€29k▲
Other amounts payable47/48€100k€22k▼
Accrued charges and deferred income492/3€0€9▲
Income statement
Code20242025
Non-recurring operating income76A€0€6k▲
Remuneration, social security and pensions62€265k€277k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€28k▼
Other operating charges640/8€3k€11k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€522k€123k▼
Operating profit (loss)9901€200k€-193k▼
Financial income75/76B€2k€12k▲
Recurring financial income75€2k€12k▲
Financial charges65/66B€35k€22k▼
Recurring financial charges65€35k€22k▼
Profit (loss) for the period before taxes9903€167k€-203k▼
Income taxes67/77€45k€0▼
Profit (loss) for the period9904€122k€-203k▼
Profit (loss) for the period to be appropriated9905€122k€-203k▼
Appropriation of the result
Profit (loss) to be appropriated9906€195k€-203k▼
Profit (loss) brought forward from the previous period14P€73k€0▼
Transfer from equity791/2-€105k
Transfer to equity691/2€95k€0▼
To other reserves6921€95k€0▼
Profit to be distributed694/7€100k€0▼
Return on contributions (dividend)694€100k€0▼
Directors or managers695€0-
Social balance
Average headcount (FTE)90876.96.6▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-203k ▼267%
Net result drops to €-203k, the lowest in the series.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
30-06
Financial
Equity above €200kEq €205k ▲11.8%
6 profitable years in a row build equity to €205k.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €200kEq €220k ▲14.7%
3 profitable years in a row build equity to €220k.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Highest result since 2019net €183k ▲18.4%
Net result €183k, the highest in the series.
30-06
Financial
Equity above €150kEq €192k ▲42.9%
2 profitable years in a row build equity to €192k.
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Menen · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dronckaertstraat 478930 MenenGround area
860 m²
Building footprint
229 m²
Volume, LiDAR
937 m³
Parcel 34032A0397/00M000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Cartojet
since 20152.241.856.080
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34032A0397/00M000 | Flanders | 860 m² | 1 · 229 m² | 8.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteMenen2.241.856.080
Dual-learning approval
2 live approvals · 1 endedWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Seraing · Eq €2k
Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 1,514 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-2015
Fiscal year end30-06
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47113Retail trade
95316Washing and cleaning of motor vehicles
47260Retail trade
47300Retail sale of automotive fuel
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.