Charlies Project
ActiveCharlies Project has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €97k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+28
Solvency74▲+40
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 0.13 in 2024; short-term debt: 39.1% and cash: 65.4% of total assets), but 50.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
49.4%
Return on assets
40.2%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
31 d early
2021
31 d early
2020
31 d early
2019
28 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▲ 439%
2024 · €22k
2018: €17k
2019: €20k
2020: €20k
2021: €20k
2022: €14k
2023: €17k
2024: €22k
2018 → 2025
Total assets
€242k▲ 1.4%
2024 · €239k
2018: €257k
2019: €244k
2020: €228k
2021: €213k
2022: €193k
2023: €182k
2024: €239k
2018 → 2025
Net result
€97k▲ 1,709%
2024 · €5k
2018: €5k
2019: €2k
2020: €36
2021: €644
2022: €-7k
2023: €3k
2024: €5k
2018 → 2025
Working capital
€90k
2024 · €-80k
2018: €-3k
2019: €-2k
2020: €-5k
2021: €-9k
2022: €-18k
2023: €-18k
2024: €-80k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€14k▼ 33.1%€17k▲ 24.0%€22k▲ 32.1%€120k▲ 439%
Operating result€4k-€-3k€6k€9k▲ 47.4%€148k▲ 1,532%
Net result€644-€-7k€3k€5k▲ 65.8%€97k▲ 1,709%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1,532% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242k
Fixed assets
€58k▼ 74.4%
Current assets
€184k▲ 1,375%
Equity and liabilities €242k
Equity
€120k▲ 439%
Debt
€123k▼ 43.4%
The debt ratio falls from 90.7% to 50.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€155k▲
2024 · €25k
Cash flow
€104k▲
2024 · €21k
Solvency
49.4%▲
2024 · 9.3%
Current ratio
1.95▲
2024 · 0.13
Quick ratio
1.95▲
2024 · 0.13
Debt / equity
1.02▼
2024 · 9.77
ROE
81.5%▲
2024 · 24.3%
ROA
40.2%▲
2024 · 2.3%
Interest coverage
31.21▲
2024 · 9.21
Debt
€123k▼
2024 · €217k
Debt ≤ 1 year
€95k▲
2024 · €93k
Debt > 1 year
€28k▼
2024 · €124k
Income taxes
€46k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€239k€242k▲
Fixed assets21/28€226k€58k▼
Tangible fixed assets22/27€226k€58k▼
Land and buildings22€150k€0▼
Other tangible fixed assets26€77k€58k▼
Current assets29/58€12k€184k▲
Amounts receivable within one year40/41€4k€26k▲
Trade receivables40-€22k
Other amounts receivable41€4k€4k=
Cash at bank and in hand54/58€9k€158k▲
Equity and liabilities
Total equity and liabilities10/49€239k€242k▲
Equity10/15€22k€120k▲
Contributions10/11€19k€19k=
Reserves13€7k€101k▲
Distributable reserves133€7k€101k▲
Profit (loss) carried forward14€-3k€0▲
Amounts payable17/49€217k€123k▼
Amounts payable after more than one year17€124k€28k▼
Financial debts170/4€96k€0▼
Other amounts payable178/9€28k€28k=
Amounts payable within one year42/48€93k€95k▲
Current portion of amounts payable after more than one year42€17k€0▼
Financial debts43€1k€2k▲
Credit institutions430/8€1k€2k▲
Trade debts44€460€1k▲
Suppliers440/4€460€1k▲
Taxes, remuneration and social security45€1k€8k▲
Taxes450/3€1k€8k▲
Other amounts payable47/48€72k€84k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€7k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€28k€159k▲
Operating profit (loss)9901€9k€148k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€6k€143k▲
Income taxes67/77€1k€46k▲
Profit (loss) for the period9904€5k€97k▲
Profit (loss) for the period to be appropriated9905€5k€97k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€94k▲
Profit (loss) brought forward from the previous period14P€-3k€-3k=
Transfer to equity691/2€5k€94k▲
To other reserves6921€5k€94k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €97k ▲1709%
Operating result €148k, net result €97k, both a record.
31-12
Financial
Liquidity times 14current ratio 1.95
Current ratio from 0.13 to 1.95.
31-12
Financial
Equity above €100kEq €120k ▲439%
3 profitable years in a row build equity to €120k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-7k ▼1142%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-04-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Houthalen-Helchteren · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Guldensporenlaan 593530 Houthalen-HelchterenGround area
696 m²
Building footprint
164 m²
Volume, LiDAR
1,108 m³
Parcel 72015B0736/00T002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Guldensporenlaan 59, 3530 Houthalen-Helchteren
since 20162.251.495.803
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015B0736/00T002 | Flanders | 696 m² | 1 · 164 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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CUM LAUDE
BE 0438.586.092
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Pollet-Cardaci Invest
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 5,234 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2016
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
96210Hairdressing and barber services
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.