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CHARCOLCA

Active
Private limited company (pre-2019)founded 200026 yrs activeKBO/BCE: BE 0470.359.037
Summary

The computed 12-month bankruptcy probability of CHARCOLCA is 2.7% (moderate). The 2025 annual accounts show negative equity (-€113,051) and a net result of €11,162. Equity is shrinking by ~67.3% per year across the filed fiscal years. The company has been active since 2000 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability41▲+20
Solvency12▲+2
Growth58=
Track record92
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 5.69 against 5.04 in 2024; short-term debt: 11.1% of total assets), but equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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 2025
Solvency, return and age of the figures
Solvency
-12.7%
Return on assets
1.3%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-03-2026, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
34 d late
2024
4 d late
2023
62 d late
2022
318 d late
2021
25 d late
2020
26 d late
2019
83 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 79 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Checked, nothing found (1)
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. Usually files around 6 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline

History

On 3 February 2000, CHARCOLCA was incorporated.1 Total assets went from EUR 1.2 million in 2019 to EUR 891,735 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€113,051▲ 9.0%
2024 · -€124,213
Total assets
€891,735▲ 5.5%
2024 · €845,190
Net result
€11,162▼ 7.6%
2024 · €12,075
Working capital
€465,467▲ 16.1%
2024 · €400,941
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€34,595▼ 397%-€25,270▲ 27.0%-€28,665▼ 13.4%-€21,467▲ 25.1%-€17,982▲ 16.2%
Net result-€34,758▼ 82.1%-€25,760▲ 25.9%-€96,689▼ 275%€12,075€11,162▼ 7.6%
Equity-€13,839-€39,599▼ 186%-€136,288▼ 244%-€124,213▲ 8.9%-€113,051▲ 9.0%
Total assets€955,501▼ 15.6%€902,492▼ 5.5%€840,595▼ 6.9%€845,190▲ 0.5%€891,735▲ 5.5%
Debt€969,340▼ 12.7%€942,092▼ 2.8%€976,883▲ 3.7%€969,403▼ 0.8%€1.0m▲ 3.6%
Working capital€527,407▼ 24.1%€482,036▼ 8.6%€372,375▼ 22.7%€400,941▲ 7.7%€465,467▲ 16.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0Operating result 2021: -€34,595-€34,595Net result 2021: -€34,758-€34,758Operating result 2022: -€25,270-€25,270Net result 2022: -€25,760-€25,760Operating result 2023: -€28,665-€28,665Net result 2023: -€96,689-€96,689Operating result 2024: -€21,467-€21,467Net result 2024: €12,075€12,075Operating result 2025: -€17,982-€17,982Net result 2025: €11,162€11,16220212022202320242025-€100,000-€50,000€0Operating result 2023: -€28,665-€28,700Net result 2023: -€96,689-€96,700Operating result 2024: -€21,467-€21,500Net result 2024: €12,075€12,100Operating result 2025: -€17,982-€18,000Net result 2025: €11,162€11,200202320242025
The operating result stays negative: a loss of €17,982 in 2025 against €21,467 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €891,735
Fixed assets €327,067 ▼ 5.2%
Current assets €564,668 ▲ 12.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
€0▲
2024 · -€3,485
Cash flow
€29,144▼
2024 · €30,057
Solvency
-12.7%▲
2024 · -14.7%
Current ratio
5.69▲
2024 · 5.04
Debt to equity
-8.89▼
2024 · -7.80
ROA
1.3%▼
2024 · 1.4%
Debt ≤ 1 year
€99,200=
2024 · €99,200
Debt > 1 year
€905,586▲
2024 · €870,203
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 517 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 92% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet
2.5% went bankrupt
3.9% stopped otherwise
92% still going

A further 1.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 517 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€845,190€891,735▲
Fixed assets21/28€345,049€327,067▼
Tangible fixed assets22/27€344,929€326,947▼
Furniture and vehicles24€3,560€1,940▼
Leasing and similar rights25€341,370€325,008▼
Financial fixed assets28€120€120=
Current assets29/58€500,141€564,668▲
Amounts receivable within one year40/41€500,141€564,668▲
Other amounts receivable41€500,141€564,668▲
Equity and liabilities
Total equity and liabilities10/49€845,190€891,735▲
Equity10/15-€124,213-€113,051▲
Contributions10/11€18,592€18,592=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14-€144,664-€133,502▲
Amounts payable17/49€969,403€1.0m▲
Amounts payable after more than one year17€870,203€905,586▲
Financial debts170/4€193,239-
Other amounts payable178/9€676,964€905,586▲
Amounts payable within one year42/48€99,200€99,200=
Financial debts43€44,875€44,875=
Credit institutions430/8€6,004€6,004=
Other loans439€38,870€38,870=
Trade debts44€1,212€1,212=
Suppliers440/4€1,212€1,212=
Taxes, remuneration and social security45€53,113€53,113=
Taxes450/3€53,113€53,113=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,982€17,982=
Gross operating margin9900-€3,485-
Operating profit (loss)9901-€21,467-€17,982▲
Financial income75/76B€34,388€29,144▼
Recurring financial income75€34,388€29,144▼
Financial charges65/66B€845-
Recurring financial charges65€845-
Profit (loss) for the period before taxes9903€12,075€11,162▼
Profit (loss) for the period9904€12,075€11,162▼
Profit (loss) for the period to be appropriated9905€12,075€11,162▼
Appropriation of the result
Profit (loss) to be appropriated9906-€144,664-€133,502▲
Profit (loss) brought forward from the previous period14P-€156,739-€144,664▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,717€10,490€17,982€17,982€17,982=
Other operating charges640/8-€887€960---
Gross operating margin9900-€16,842-€13,893-€9,723-€3,485--
Operating profit (loss)9901-€34,595-€25,270-€28,665-€21,467-€17,982▲ 16.2%
Financial income75/76B-€6,221-€34,388€29,144▼ 15.2%
Recurring financial income75-€6,221-€34,388€29,144▼ 15.2%
Financial charges65/66B-€6,712€2,370€845--
Recurring financial charges65€163€6,712€2,370€845--
Profit (loss) for the period before taxes9903-€34,758-€25,760-€31,035€12,075€11,162▼ 7.6%
Income taxes67/77--€65,653---
Profit (loss) for the period9904-€34,758-€25,760-€96,689€12,075€11,162▼ 7.6%
Profit (loss) for the period to be appropriated9905-€34,758-€25,760-€96,689€12,075€11,162▼ 7.6%
Line20212022202320242025Change
Assets
Total assets20/58€955,501€902,492€840,595€845,190€891,735▲ 5.5%
Fixed assets21/28€391,503€381,013€363,031€345,049€327,067▼ 5.2%
Tangible fixed assets22/27€391,383€380,893€362,911€344,929€326,947▼ 5.2%
Furniture and vehicles24-€6,800€5,180€3,560€1,940▼ 45.5%
Leasing and similar rights25-€374,094€357,732€341,370€325,008▼ 4.8%
Financial fixed assets28€120€120€120€120€120=
Current assets29/58€563,998€521,479€477,564€500,141€564,668▲ 12.9%
Amounts receivable within one year40/41€462,050€428,095€474,805€500,141€564,668▲ 12.9%
Other amounts receivable41-€428,095€474,805€500,141€564,668▲ 12.9%
Cash at bank and in hand54/58€101,948€93,384€2,759---
Equity and liabilities
Total equity and liabilities10/49€955,501€902,492€840,595€845,190€891,735▲ 5.5%
Equity10/15-€13,839-€39,599-€136,288-€124,213-€113,051▲ 9.0%
Contributions10/11-€18,592€18,592€18,592€18,592=
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1-€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311-€1,859€1,859€1,859€1,859=
Profit (loss) carried forward14-€34,290-€60,051-€156,739-€144,664-€133,502▲ 7.7%
Amounts payable17/49€969,340€942,092€976,883€969,403€1.0m▲ 3.6%
Amounts payable after more than one year17€932,749€902,649€871,694€870,203€905,586▲ 4.1%
Financial debts170/4-€224,193€193,239€193,239--
Other amounts payable178/9-€678,455€678,455€676,964€905,586▲ 33.8%
Amounts payable within one year42/48€36,592€39,443€105,189€99,200€99,200=
Financial debts43-€39,443€41,876€44,875€44,875=
Credit institutions430/8---€6,004€6,004=
Other loans439-€39,443€41,876€38,870€38,870=
Trade debts44€151-€10,199€1,212€1,212=
Suppliers440/4--€10,199€1,212€1,212=
Taxes, remuneration and social security45--€53,113€53,113€53,113=
Taxes450/3--€53,113€53,113€53,113=
Line20212022202320242025Change
Profit (loss) for the period9904-€34,758-€25,760-€96,689€12,075€11,162▼ 7.6%
+ Depreciation and write-downs630€16,717€10,490€17,982€17,982€17,982=
Operating cash flow (approximation)-€18,041-€15,271-€78,707€30,057€29,144▼ 3.0%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€8,564-€90,625---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
10-03
State Gazette act Merger · Accounting effect
Registered-office move · Merger type
06-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 34 days late
2025
23-05
KBO administration Address struck
Chaussée de Charleroi 38 Het adres van de zetel Chaussée de Char- Die Sitzadresse Chaussée de Charleroi 38 1380 Lasne · event 15-04-2025
04-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-06
Financial Back to profitnet €12,075
Net result €12,075 after 5 loss-making years.
02-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
15-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 318 days late
2022
25-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
26-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
23-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
26-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 391 days late
17-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 747 days late
2016
17-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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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Directors · office · real estate

Directors
5 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, Lasne
exact location from the address register On OpenStreetMap
Ground area
4,014 m²
Building footprint
202 m²
Volume, LiDAR
1,339 m³
Parcel 25087D0017/00D000, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25087D0017/00D000
ProtectedSite or landscape
Wallonia 4,014 m² 1 · 202 m² 9.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Taken over by:MACOTRA
BE 0451.702.967proposal · State Gazette act of 10-03-2026

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded03-02-2000
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.