CHARLES D.
ActiveSummary
CHARLES D. has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €13k. Equity is growing by ~42.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 2053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+3
Solvency89▲+12
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 1.84 in 2024; short-term debt: 27.8% and cash: 41.1% of total assets), and 36.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.6%
Return on assets
16.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
on the day
2022
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€49k▲ 35.3%
2024 · €36k
Total assets
€77k▲ 11.1%
2024 · €69k
Net result
€13k▲ 25.4%
2024 · €10k
Working capital
€45k▲ 65.3%
2024 · €27k
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
Line2022202320242025
Operating result€3k-€25k▲ 630%€17k▼ 32.4%€19k▲ 13.3%
Net result€2k-€19k▲ 704%€10k▼ 45.4%€13k▲ 25.4%
Equity€7k-€26k▲ 254%€36k▲ 39.2%€49k▲ 35.3%
Total assets€13k-€39k▲ 205%€69k▲ 74.7%€77k▲ 11.1%
Debt€6k-€14k▲ 142%€33k▲ 142%€28k▼ 15.4%
Working capital€3k-€15k▲ 344%€27k▲ 80.4%€45k▲ 65.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77k
Fixed assets
€10k ▲ 12.1%
Current assets
€66k ▲ 10.9%
Equity and liabilities €77k
Equity
€49k ▲ 35.3%
Debt
€28k ▼ 15.4%
Debt's share of the balance-sheet total falls from 47.8% to 36.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▲
2024 · €19k
Cash flow
€15k▲
2024 · €12k
Current ratio
3.11▲
2024 · 1.84
Debt to equity
0.57▼
2024 · 0.91
ROE
26.1%▼
2024 · 28.2%
ROA
16.6%▲
2024 · 14.7%
Interest coverage
73.02▼
2024 · 299.32
Debt ≤ 1 year
€21k▼
2024 · €33k
Income taxes
€7k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €389 | €2k | €2k | €2k | ▲ 33.5% |
| Other operating charges640/8 | €552 | €563 | €533 | €522 | ▼ 2.1% |
| Gross operating margin9900 | €4k | €28k | €19k | €22k | ▲ 14.5% |
| Operating profit (loss)9901 | €3k | €25k | €17k | €19k | ▲ 13.3% |
| Financial income75/76B | €0 | - | - | €725 | - |
| Recurring financial income75 | €0 | - | - | €725 | - |
| Financial charges65/66B | €12 | €0 | €62 | €294 | ▲ 371% |
| Recurring financial charges65 | €12 | €0 | €62 | €294 | ▲ 371% |
| Profit (loss) for the period before taxes9903 | €3k | €25k | €17k | €20k | ▲ 16.2% |
| Income taxes67/77 | €1k | €7k | €7k | €7k | ▲ 2.9% |
| Profit (loss) for the period9904 | €2k | €19k | €10k | €13k | ▲ 25.4% |
| Profit (loss) for the period to be appropriated9905 | €2k | €19k | €10k | €13k | ▲ 25.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €13k | €39k | €69k | €77k | ▲ 11.1% |
| Fixed assets21/28 | €4k | €11k | €9k | €10k | ▲ 12.1% |
| Tangible fixed assets22/27 | €4k | €11k | €9k | €10k | ▲ 12.1% |
| Plant, machinery and equipment23 | - | - | - | €2k | - |
| Furniture and vehicles24 | €4k | €11k | €8k | €7k | ▼ 14.5% |
| Other tangible fixed assets26 | - | - | €1k | €1k | = |
| Current assets29/58 | €9k | €29k | €60k | €66k | ▲ 10.9% |
| Amounts receivable within one year40/41 | - | €55 | €20k | €20k | = |
| Trade receivables40 | - | - | €15k | €9k | ▼ 37.9% |
| Other amounts receivable41 | - | €55 | €5k | €11k | ▲ 109% |
| Current investments50/53 | - | - | €20k | - | - |
| Cash at bank and in hand54/58 | €9k | €29k | €15k | €32k | ▲ 111% |
| Deferred charges and accrued income490/1 | - | - | €5k | €14k | ▲ 219% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €13k | €39k | €69k | €77k | ▲ 11.1% |
| Equity10/15 | €7k | €26k | €36k | €49k | ▲ 35.3% |
| Contributions10/11 | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €2k | €21k | €31k | €44k | ▲ 41.0% |
| Amounts payable17/49 | €6k | €14k | €33k | €28k | ▼ 15.4% |
| Amounts payable within one year42/48 | €6k | €14k | €33k | €21k | ▼ 34.6% |
| Trade debts44 | €242 | €835 | €18k | €3k | ▼ 81.3% |
| Suppliers440/4 | €242 | €835 | €18k | €3k | ▼ 81.3% |
| Advances received on contracts in progress46 | - | - | - | €11k | - |
| Taxes, remuneration and social security45 | €1k | €12k | €14k | €7k | ▼ 51.5% |
| Taxes450/3 | €1k | €12k | €14k | €7k | ▼ 51.5% |
| Other amounts payable47/48 | €4k | €1k | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €349 | €7k | ▲ 1,774% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €19k | €10k | €13k | ▲ 25.4% |
| + Depreciation and write-downs630 | €389 | €2k | €2k | €2k | ▲ 33.5% |
| Operating cash flow (approximation) | €3k | €21k | €12k | €15k | ▲ 26.4% |
| Investment in fixed assets (approximation) | - | €-9k | €128 | €-3k | ▼ 2,546% |
| Change in cash | - | €20k | €-14k | €17k | ▲ 221% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €19k ▲704%
Operating result €25k, net result €19k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oostkamp · 1 establishment unit since 2022
Ground area
349 m²
Building footprint
95 m²
Volume, LiDAR
614 m³
Parcel 31022C0354/00B002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CHARLES D.
since 20222.334.998.549
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31022C0354/00B002 | Flanders | 349 m² | 1 · 95 m² | 9.1 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.
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Of 13,502 companies in sector 85510 we hold annual accounts for 720. 582 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
85510Sports and recreation education
93122Sports, amusement and recreation activities
77210Renting and leasing of sports and recreation goods
93110Operation of sports facilities
Contact
E-mail
charles.d@telenet.be
Scores and ratios are computed by Checked and are not a credit decision.