Financials
- Financial year
- 2025
- Turnover
- €7.5m
- Loss
- -€383,417
- Solvency
- -12.1%
Turnover▲ 7.0%
Net result
20182025
CARY AUTOGLASS
ActiveSummary
The computed 12-month bankruptcy probability of CARY AUTOGLASS is 2.5% (moderate). The 2025 annual accounts show negative equity (-€451,671) and a net result of -€383,417. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9,771 sector peers (NACE 46, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Wholesale of motor vehicle parts and accessories
NACE 46720Repair and fitting of specific motor vehicle parts NACE 95313
2nd fastest staff growth in Hasselt, Wholesale and retail trade sector20 sites
Size
€7.5mturnover 2025
- Staff
- 45.4 FTE
- Equity
- -€451,671
- Loss
- -€383,417
Structure
- Parent
- CARY GROUP BELGIUM · 100%
- Board
- 7 members
- MV COMPANYDaily manager · permanent representative Matthieu van der Schueren Devèze
Auditor: PVMD BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES2025 accounts 64 days early6 of 23 deeds summarised
Why 50raises riskNegative equity -€451,671Loss of €383,417, the second in a row (financial year 2025)lowers riskFigures for financial year 2025 (filed 02-06-2026)Legal form: public limited companyShow the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Weak
Solvency
13-10
equity -12.1% of total assets
Liquidity
11-6
short-term debt 112.1% · cash 8.9%
Profitability
13+13
return on assets -10.2%
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.1%lowest value
12-2024: 2.1%● unchanged vs 11-2024lowest value
01-2025: 2.1%● unchanged vs 12-2024lowest value
02-2025: 2.1%● unchanged vs 01-2025
03-2025: 2.4%▲ +0.3 percentage points vs 02-2025
04-2025: 2.4%● unchanged vs 03-2025
05-2025: 2.6%▲ +0.2 percentage points vs 04-2025
06-2025: 2.7%▲ +0.1 percentage points vs 05-2025
07-2025: 2.8%▲ +0.1 percentage points vs 06-2025
08-2025: 3.3%▲ +0.5 percentage points vs 07-2025
09-2025: 3.5%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 3.5%● unchanged vs 09-2025highest value
11-2025: 3.5%● unchanged vs 10-2025highest value
12-2025: 3.5%● unchanged vs 11-2025highest value
01-2026: 3.5%● unchanged vs 12-2025highest value
02-2026: 2.3%▼ -1.2 percentage points vs 01-2026
03-2026: 2.7%▲ +0.4 percentage points vs 02-2026
04-2026: 2.7%● unchanged vs 03-2026
05-2026: 2.7%● unchanged vs 04-2026
06-2026: 2.7%● unchanged vs 05-2026
07-2026: 2.5%▼ -0.2 percentage points vs 06-2026
08-2026: 2.5%● unchanged vs 07-2026
09-2026: 2.5%● unchanged vs 08-2026
10-2026: 2.5%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.36, compared with 0.41 in 2024, below 1; short-term debt: 112.1% and cash: 8.9% of total assets), and equity is negative.
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 46, small): better than 3% on solvency, 9% on liquidity, 8% on profitability and 35% on growth.
The bankruptcy probability was computed on 27-10-2026 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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€451,671
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 days early
2024
15 days late
2023
21 days late
2022
26 days early
2021
24 days early
2020
18 days early
2019
32 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
- Resignations: Hasaluth BV, Chamagg BV and…Appointments: LoFiN BV (director) and…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€451,671 View
- Risk: 8 loss-making years in a rowloss financial year 2025 -€383,417 View
- Caution: Equity fell in 2025from -€68,253 to -€451,671 ▼ 562% View
- Caution: Among the weakest 5% on net resultsector median €26,870 · 9,750 companies -€383,417 View
- Board changedlatest change 27-10-2026 · 7 in office 2 joined · 5 left View
- Controlled by CARY GROUP BELGIUM 100% View
By topic
Board & ownership
- Board
- 7 members
- Parent
- CARY GROUP BELGIUM · 100%
- Auditor
- PVMD BEDRIJFSREVISOREN - REVISEURS…
- Anders JensenDirector
- Cari SlettengrenDirector
- Joakim RasiwalaDirector
- LoFiNDirector
- MV COMPANYDaily manager
and 2 other directors
Network & group
- Connected companies
- 3
Timeline
- Events
- 21
- Since
- 2013
- Next accounts
- by 31-07-2027
- 04-02-2025Capital & shares · Miscellaneous
- 31-12-2024Weakest financial year
- 21-08-2024Annual accounts filed
Company details
- Sites
- 20
- Legal form
- Public limited company
- Activity
- Wholesale of motor vehicle parts and accessoriesNACE 46720
- Founded
- 09-05-2012
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
See the provisions in the deeds
Go to Articles of associationKey facts about CARY AUTOGLASS
- What is the company number of CARY AUTOGLASS?
- 0845.791.005. In Belgium the VAT number is the company number with BE in front: BE 0845.791.005.
- Where is CARY AUTOGLASS based?
- The registered office is at Gouverneur Roppesingel 12, 3500 Hasselt.Company details
- What does CARY AUTOGLASS do?
- According to the KBO register, the main activity is wholesale of motor vehicle parts and accessories (NACE 46720).
- What is the legal form of CARY AUTOGLASS?
- Public limited company (NV).
- When was CARY AUTOGLASS founded?
- On 09-05-2012.
- Is CARY AUTOGLASS still active?
- Yes, CARY AUTOGLASS is an active enterprise in the KBO register.
- How many employees does CARY AUTOGLASS have?
- On average 45.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CARY AUTOGLASS?
- €7.5m in financial year 2025, according to the filed annual accounts.
- Is CARY AUTOGLASS profitable?
- In financial year 2025, CARY AUTOGLASS made a loss of €383,417.
- Where can I find the annual accounts of CARY AUTOGLASS?
- CARY AUTOGLASS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CARY AUTOGLASS due?
- By 31-07-2027, for financial year 2026.Timeline
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