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IMMO CARA

Active
Private limited companyfounded 20196 yrs activeAvenue de l'Artisanat 2B, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0738.588.088
Summary

The computed 12-month bankruptcy probability of IMMO CARA is 2.5% (moderate). The 2025 annual accounts show equity of €26,137 and a net result of €14,963. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability77▲+21
Solvency37▲+7
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.05 in 2024; short-term debt: 18.2% and cash: 1.7% of total assets), and 88.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
11.5%
Return on assets
6.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year €26,137
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 02-07-2026, 29 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
29 d early
2024
31 d early
2023
47 d early
2022
45 d early
2021
177 d late
2020
102 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 21 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

IMMO CARA was incorporated on 29 November 2019 as a Private limited company.1 Total assets went from EUR 218,970 in 2020 to EUR 227,030 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14,963▲ 113%
2024 · €7,028
Working capital
-€37,427▲ 19.0%
2024 · -€46,221
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-€3,436-€9,134▼ 166%€6,058€11,799▲ 94.8%€19,662▲ 66.6%
Net result-€10,164-€14,455▼ 42.2%€978€7,028▲ 619%€14,963▲ 113%
Equity€17,624▼ 36.6%€3,169▼ 82.0%€4,146▲ 30.9%€11,174▲ 170%€26,137▲ 134%
Total assets€255,348▲ 16.6%€247,699▼ 3.0%€240,716▼ 2.8%€233,037▼ 3.2%€227,030▼ 2.6%
Debt€237,724▲ 24.3%€244,530▲ 2.9%€236,570▼ 3.3%€221,863▼ 6.2%€200,893▼ 9.5%
Working capital-€18,327-€39,622▼ 116%-€45,791▼ 15.6%-€46,221▼ 0.9%-€37,427▲ 19.0%
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2021: -€3,436-€3,436Net result 2021: -€10,164-€10,164Operating result 2022: -€9,134-€9,134Net result 2022: -€14,455-€14,455Operating result 2023: €6,058€6,058Net result 2023: €978€978Operating result 2024: €11,799€11,799Net result 2024: €7,028€7,028Operating result 2025: €19,662€19,662Net result 2025: €14,963€14,96320212022202320242025€0€5,000€10,000€15,000€20,000Operating result 2023: €6,058€6,060Net result 2023: €978€978Operating result 2024: €11,799€11,800Net result 2024: €7,028€7,030Operating result 2025: €19,662€19,700Net result 2025: €14,963€15,000202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 67% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €227,030
Fixed assets €223,128 ▼ 3.3%
Current assets €3,902 ▲ 71.3%
Equity and liabilities €227,030
Equity €26,137 ▲ 134%
Debt €200,893 ▼ 9.5%
Debt's share of the balance-sheet total falls from 95.2% to 88.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27,292▲
2024 · €19,421
Cash flow
€22,593▲
2024 · €14,651
Current ratio
0.09▲
2024 · 0.05
Debt to equity
7.69▼
2024 · 19.86
ROE
57.2%▼
2024 · 62.9%
ROA
6.6%▲
2024 · 3.0%
Interest coverage
6.13▲
2024 · 4.07
Debt ≤ 1 year
€41,328▼
2024 · €48,499
Debt > 1 year
€157,965▼
2024 · €173,364
Income taxes
€244
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,713 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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€233,037€227,030▼
Fixed assets21/28€230,759€223,128▼
Tangible fixed assets22/27€230,759€223,128▼
Land and buildings22€230,759€223,128▼
Current assets29/58€2,278€3,902▲
Cash at bank and in hand54/58€2,278€3,902▲
Equity and liabilities
Total equity and liabilities10/49€233,037€227,030▼
Equity10/15€11,174€26,137▲
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€8,826€6,137▲
Amounts payable17/49€221,863€200,893▼
Amounts payable after more than one year17€173,364€157,965▼
Financial debts170/4€173,364€157,965▼
Amounts payable within one year42/48€48,499€41,328▼
Current portion of amounts payable after more than one year42€15,080€15,399▲
Trade debts44€62€65▲
Suppliers440/4€62€65▲
Taxes, remuneration and social security45-€244
Taxes450/3-€244
Other amounts payable47/48€33,357€25,620▼
Accrued charges and deferred income492/3-€1,600
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,623€7,630▲
Other operating charges640/8€1,003€1,035▲
Gross operating margin9900€20,424€28,327▲
Operating profit (loss)9901€11,799€19,662▲
Financial charges65/66B€4,771€4,454▼
Recurring financial charges65€4,771€4,454▼
Profit (loss) for the period before taxes9903€7,028€15,207▲
Income taxes67/77-€244
Profit (loss) for the period9904€7,028€14,963▲
Profit (loss) for the period to be appropriated9905€7,028€14,963▲
Appropriation of the result
Profit (loss) to be appropriated9906-€8,826€6,137▲
Profit (loss) brought forward from the previous period14P-€15,854-€8,826▲

The notes to these accounts (6 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€15,281€7,623€7,623€7,623€7,630▲ 0.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€547-----
Other operating charges640/8-€887€976€1,003€1,035▲ 3.2%
Gross operating margin9900€12,393-€624€14,657€20,424€28,327▲ 38.7%
Operating profit (loss)9901-€3,436-€9,134€6,058€11,799€19,662▲ 66.6%
Financial charges65/66B€4,424€5,322€5,081€4,771€4,454▼ 6.6%
Recurring financial charges65€4,424€5,322€5,081€4,771€4,454▼ 6.6%
Profit (loss) for the period before taxes9903-€7,860-€14,455€978€7,028€15,207▲ 116%
Income taxes67/77€2,304---€244-
Profit (loss) for the period9904-€10,164-€14,455€978€7,028€14,963▲ 113%
Profit (loss) for the period to be appropriated9905-€10,164-€14,455€978€7,028€14,963▲ 113%
Line20212022202320242025Change
Assets
Total assets20/58€255,348€247,699€240,716€233,037€227,030▼ 2.6%
Fixed assets21/28€253,627€246,004€238,381€230,759€223,128▼ 3.3%
Tangible fixed assets22/27€253,627€246,004€238,381€230,759€223,128▼ 3.3%
Land and buildings22€253,627€246,004€238,381€230,759€223,128▼ 3.3%
Current assets29/58€1,721€1,695€2,334€2,278€3,902▲ 71.3%
Cash at bank and in hand54/58€1,721€1,695€2,334€2,278€3,902▲ 71.3%
Equity and liabilities
Total equity and liabilities10/49€255,348€247,699€240,716€233,037€227,030▼ 2.6%
Equity10/15€17,624€3,169€4,146€11,174€26,137▲ 134%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Outside capital11€20,000-----
Share premium1100/10€20,000-----
Profit (loss) carried forward14-€2,376-€16,831-€15,854-€8,826€6,137▲ 170%
Amounts payable17/49€237,724€244,530€236,570€221,863€200,893▼ 9.5%
Amounts payable after more than one year17€217,676€203,213€188,445€173,364€157,965▼ 8.9%
Financial debts170/4€217,676€203,213€188,445€173,364€157,965▼ 8.9%
Amounts payable within one year42/48€20,048€41,317€48,125€48,499€41,328▼ 14.8%
Current portion of amounts payable after more than one year42€14,164€14,463€14,768€15,080€15,399▲ 2.1%
Trade debts44€3,712€498-€62€65▲ 5.2%
Suppliers440/4€3,712€498-€62€65▲ 5.2%
Taxes, remuneration and social security45----€244-
Taxes450/3----€244-
Other amounts payable47/48€2,172€26,357€33,357€33,357€25,620▼ 23.2%
Accrued charges and deferred income492/3----€1,600-
Line20212022202320242025Change
Profit (loss) for the period9904-€10,164-€14,455€978€7,028€14,963▲ 113%
+ Depreciation and write-downs630€15,281€7,623€7,623€7,623€7,630▲ 0.1%
Operating cash flow (approximation)€5,117-€6,832€8,600€14,651€22,593▲ 54.2%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€26€640-€56€1,623▲ 2,992%

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 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2020net €14,963 ▲113%
Operating result €19,662, net result €14,963, both a record.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
14-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €978
Net result €978 after 2 loss-making years.
16-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
24-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 177 days late
2022
31-12
Financial Weakest financial yearnet -€14,455
Net result drops to -€14,455, the lowest in the series; recovery starts the following year.
2021
10-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Braine-l'Alleud · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
4,654 m²
Building footprint
951 m²
Volume, LiDAR
5,101 m³
2 parcels, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
IMMO CARA
Rue Bruyère-Saint-Jean 11, 1410 WaterlooWarehousing and storage
since 20192.331.267.811
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25014N0027/00M000 Wallonia 4,527 m² 1 · 870 m² 6.7 m · 2 fl.
25110C0584/00D000 Wallonia 127 m² 1 · 81 m² 10.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. IMMO 4D 100%
  2. IMMO CARA

Highest known parent: IMMO 4D. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of IMMO CARA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded29-11-2019
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0738588088
Also 9925:BE0738588088
Registered 30-04-2026

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

Register as of 30 September 2026 · Peppol Directory

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