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CARTWHEEL

Active
Private limited companyfounded 2024active for 2 yearsBouckaertstraat 24, 8540 Deerlijk, BelgiumKBO/BCE: BE 1009.205.024
Summary

CARTWHEEL has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112,556 and a net result of €110,556. Its solvency ranks better than 68% of 39,131 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
CARTWHEELActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€155,924total assets 2025
Equity
€112,556
Profit
€110,556
Turnover not published (micro format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 26 days late
Why 97raises riskFounded in 2024lowers riskLiquidity: current ratio 2.92, cash €118,820Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €112,556 (72.2% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 70, micro)
Every signal that counts is listed under Signals.
Financial strength
Strong
Solvency 97
equity 72.2% of total assets
Liquidity 89
short-term debt 27.8% · cash 76.2%
Profitability 100
return on assets 70.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,420 companies, NACE 70, micro)
Last 24 months 06-2025: 0.4% 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: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.5%▲ +0.1 percentage points vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026highest value 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: < 0.1%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €10,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 2.92, above the usual 1.5; short-term debt: 27.8% and cash: 76.2% of total assets), and 27.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 68% on solvency, 82% on liquidity and 84% on profitability.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.92, cash €118,820
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €112,556 (72.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
26 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: DE MEESTER Stefaan Frans…

Key points

  • Positive: Among the best 13% on net resultsector median €27,236 · 39,147 companies €110,556 View
  • One director decidessole director in office 1 View
  • Total assets 2025first financial year filed €155,924 View

By topic

Financials

Financial year
2025
Total assets
€155,924
Profit
€110,556
Solvency
72.2%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
08-05-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
21
Who signs
Each director alone
Annual meeting
Fourth Thursday of March at 18:00
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about CARTWHEEL

What is the company number of CARTWHEEL?
1009.205.024. In Belgium the VAT number is the company number with BE in front: BE 1009.205.024.
Where is CARTWHEEL based?
The registered office is at Bouckaertstraat 24, 8540 Deerlijk.Company details
What does CARTWHEEL do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of CARTWHEEL?
Private limited company (BV).
When was CARTWHEEL founded?
On 08-05-2024.
Is CARTWHEEL still active?
Yes, CARTWHEEL is an active enterprise in the KBO register.
What is the turnover of CARTWHEEL?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is CARTWHEEL profitable?
In financial year 2025, CARTWHEEL made a profit of €110,556.
Where can I find the annual accounts of CARTWHEEL?
CARTWHEEL filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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