CARTONEX
InactiveSignals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-06-2024, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
51 d early
2022
31 d late
2021
31 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 14 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24,609
2022 · -€13,801
Working capital
€69,185▲ 55.2%
2022 · €44,576
Trend over the years
In euros
In euros
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€12,019€281▼ 97.7%-€550-€12,101▼ 2,100%€26,215
Net result€10,607-€1,243-€2,121▼ 70.6%-€13,801▼ 551%€24,609
Equity€85,291▲ 14.2%€84,048▼ 1.5%€81,927▼ 2.5%€68,125▼ 16.8%€92,735▲ 36.1%
Total assets€104,674▲ 11.3%€107,857▲ 3.0%€110,103▲ 2.1%€92,017▼ 16.4%€108,495▲ 17.9%
Debt€19,383▲ 0.2%€23,809▲ 22.8%€28,177▲ 18.3%€23,892▼ 15.2%€15,760▼ 34.0%
Working capital€61,741▲ 20.7%€60,498▼ 2.0%€58,377▼ 3.5%€44,576▼ 23.6%€69,185▲ 55.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €26,215 after a loss of €12,101 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €108,495
Fixed assets
€23,550 =
Current assets
€84,945 ▲ 24.1%
Equity and liabilities €108,495
Equity
€92,735 ▲ 36.1%
Debt
€15,760 ▼ 34.0%
Debt's share of the balance-sheet total falls from 26.0% to 14.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
5.39▲
2022 · 2.87
Debt to equity
0.17▼
2022 · 0.35
ROE
26.5%▲
2022 · -20.3%
ROA
22.7%▲
2022 · -15.0%
Debt ≤ 1 year
€15,760▼
2022 · €23,892
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €4,050 | - | - |
| Other operating charges640/8 | - | - | €348 | €348 | €2,018 | ▲ 481% |
| Gross operating margin9900 | €12,367 | €629 | -€202 | -€7,703 | €28,233 | ▲ 467% |
| Operating profit (loss)9901 | €12,019 | €281 | -€550 | -€12,101 | €26,215 | ▲ 317% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | €6 | €0 | - | - | - |
| Financial charges65/66B | - | - | €1,572 | €1,701 | €1,605 | ▼ 5.6% |
| Recurring financial charges65 | €1,412 | €1,531 | €1,572 | €1,701 | €1,605 | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | €10,607 | -€1,243 | -€2,121 | -€13,801 | €24,609 | ▲ 278% |
| Profit (loss) for the period9904 | €10,607 | -€1,243 | -€2,121 | -€13,801 | €24,609 | ▲ 278% |
| Profit (loss) for the period to be appropriated9905 | €10,607 | -€1,243 | -€2,121 | -€13,801 | €24,609 | ▲ 278% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €104,674 | €107,857 | €110,103 | €92,017 | €108,495 | ▲ 17.9% |
| Fixed assets21/28 | €23,550 | €23,550 | €23,550 | €23,550 | €23,550 | = |
| Tangible fixed assets22/27 | €0 | €0 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €0 | €0 | - |
| Financial fixed assets28 | €23,550 | €23,550 | €23,550 | €23,550 | €23,550 | = |
| Current assets29/58 | €81,124 | €84,307 | €86,553 | €68,467 | €84,945 | ▲ 24.1% |
| Amounts receivable within one year40/41 | €81,111 | €84,301 | €86,548 | €68,467 | €84,945 | ▲ 24.1% |
| Trade receivables40 | - | - | €4,050 | €370 | - | - |
| Other amounts receivable41 | - | - | €82,498 | €68,097 | €84,945 | ▲ 24.7% |
| Cash at bank and in hand54/58 | €14 | €6 | €6 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €104,674 | €107,857 | €110,103 | €92,017 | €108,495 | ▲ 17.9% |
| Equity10/15 | €85,291 | €84,048 | €81,927 | €68,125 | €92,735 | ▲ 36.1% |
| Contributions10/11 | €70,000 | €70,000 | €70,000 | €70,000 | €70,000 | = |
| Reserves13 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Non-distributable reserves130/1 | - | - | €12,395 | €12,395 | - | - |
| Reserves not available under the articles1311 | - | - | €12,395 | €12,395 | - | - |
| Distributable reserves133 | - | - | €49,579 | €49,579 | €61,973 | ▲ 25.0% |
| Profit (loss) carried forward14 | -€46,682 | -€47,925 | -€50,047 | -€63,848 | -€39,239 | ▲ 38.5% |
| Amounts payable17/49 | €19,383 | €23,809 | €28,177 | €23,892 | €15,760 | ▼ 34.0% |
| Amounts payable within one year42/48 | €19,383 | €23,809 | €28,177 | €23,892 | €15,760 | ▼ 34.0% |
| Financial debts43 | - | - | €27,477 | €22,033 | €11,770 | ▼ 46.6% |
| Credit institutions430/8 | - | - | €27,477 | €22,033 | €11,770 | ▼ 46.6% |
| Trade debts44 | - | €380 | €700 | €560 | €1,447 | ▲ 158% |
| Suppliers440/4 | - | - | €700 | €560 | €1,447 | ▲ 158% |
| Taxes, remuneration and social security45 | - | - | - | €1,299 | €2,543 | ▲ 95.8% |
| Taxes450/3 | - | - | - | €1,299 | €2,543 | ▲ 95.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,607 | -€1,243 | -€2,121 | -€13,801 | €24,609 | ▲ 278% |
| Operating cash flow (approximation) | €10,607 | -€1,243 | -€2,121 | -€13,801 | €24,609 | ▲ 278% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€8 | €0 | - | - | - |
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
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €24,609
Net result €24,609 after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€13,801
Net result drops to -€13,801, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Back to profitnet €10,607
Net result €10,607 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 17 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
28-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 1
-
20.82%
According to the 2023 annual accounts of CARTONEX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.