LES CARMES
ActiveLES CARMES has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €545k and a net result of €195k. Equity is growing by ~43.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (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
Profitability94▲+16
Solvency82▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.65 against 2.39 in 2024; short-term debt: 20% and cash: 40.6% of total assets), and 42.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
57.2%
Return on assets
20.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
113 d late
2023
478 d late
2022
52 d late
2021
30 d late
2020
11 d late
2019
26 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€545k▲ 55.9%
2024 · €350k
2018: €-81k
2019: €-57k
2020: €41k
2021: €175k
2022: €209k
2023: €289k
2024: €350k
2018 → 2025
Total assets
€953k▲ 17.4%
2024 · €812k
2018: €87k
2019: €97k
2020: €377k
2021: €545k
2022: €651k
2023: €711k
2024: €812k
2018 → 2025
Net result
€195k▲ 222%
2024 · €61k
2018: €6k
2019: €24k
2020: €99k
2021: €133k
2022: €34k
2023: €80k
2024: €61k
2018 → 2025
Working capital
€506k▲ 60.5%
2024 · €315k
2018: €-85k
2019: €-61k
2020: €37k
2021: €161k
2022: €185k
2023: €260k
2024: €315k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€209k▲ 19.6%€289k▲ 38.4%€350k▲ 21.0%€545k▲ 55.9%
Operating result€202k-€66k▼ 67.1%€134k▲ 102%€106k▼ 21.0%€300k▲ 183%
Net result€133k-€34k▼ 74.4%€80k▲ 135%€61k▼ 24.4%€195k▲ 222%
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 183% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €953k
Fixed assets
€256k▼ 5.1%
Current assets
€697k▲ 28.6%
Equity and liabilities €953k
Equity
€545k▲ 55.9%
Debt
€408k▼ 11.7%
The debt ratio falls from 57.0% to 42.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€315k▲
2024 · €119k
Cash flow
€210k▲
2024 · €74k
Solvency
57.2%▲
2024 · 43.0%
Current ratio
3.65▲
2024 · 2.39
Quick ratio
3.65▲
2024 · 2.39
Debt / equity
0.75▼
2024 · 1.32
ROE
35.8%▲
2024 · 17.3%
ROA
20.5%▲
2024 · 7.5%
Interest coverage
43.71▲
2024 · 16.70
Debt
€408k▼
2024 · €463k
Debt ≤ 1 year
€191k▼
2024 · €227k
Debt > 1 year
€218k▼
2024 · €236k
Income taxes
€98k▲
2024 · €38k
Staff costs
€209k▼
2024 · €223k
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€812k€953k▲
Fixed assets21/28€270k€256k▼
Tangible fixed assets22/27€269k€256k▼
Land and buildings22€262k€251k▼
Furniture and vehicles24€7k€5k▼
Financial fixed assets28€840€840=
Current assets29/58€542k€697k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€300k€250k▼
Trade receivables40€300k€228k▼
Other amounts receivable41€750€23k▲
Cash at bank and in hand54/58€176k€387k▲
Deferred charges and accrued income490/1€64k€58k▼
Equity and liabilities
Total equity and liabilities10/49€812k€953k▲
Equity10/15€350k€545k▲
Contributions10/11€19k€19k=
Reserves13€331k€526k▲
Distributable reserves133€331k€526k▲
Amounts payable17/49€463k€408k▼
Amounts payable after more than one year17€236k€218k▼
Financial debts170/4€236k€218k▼
Amounts payable within one year42/48€227k€191k▼
Current portion of amounts payable after more than one year42€20k€20k=
Trade debts44€8k€39k▲
Suppliers440/4€8k€39k▲
Taxes, remuneration and social security45€174k€107k▼
Taxes450/3€95k€46k▼
Remuneration and social security454/9€78k€61k▼
Other amounts payable47/48€25k€25k=
Income statement
Code20242025
Remuneration, social security and pensions62€223k€209k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€345k€527k▲
Operating profit (loss)9901€106k€300k▲
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€99k€293k▲
Income taxes67/77€38k€98k▲
Profit (loss) for the period9904€61k€195k▲
Profit (loss) for the period to be appropriated9905€61k€195k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€195k▲
Transfer to equity691/2€61k€195k▲
To other reserves6921€61k€195k▲
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €195k ▲222%
Operating result €300k, net result €195k, both a record.
31-12
Financial
Equity above €500kEq €545k ▲55.9%
8 profitable years in a row build equity to €545k.
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 113 days late
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 478 days late
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
31-12
Financial
Equity above €200kEq €209k ▲19.6%
5 profitable years in a row build equity to €209k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €150kEq €175k ▲324%
4 profitable years in a row build equity to €175k.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Liège · 1 establishment unit since 2010
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.
Esplanade de l'Europe 24020 LiègeGround area
5,045 m²
Building footprint
1,418 m²
Volume, LiDAR
40,197 m³
2 parcels, Wallonia · tallest building 33.8 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
BD Enchères
since 20102.192.422.605
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62806C0162/00R004 ProtectedSite or landscape |
Wallonia | 4,486 m² | 1 · 1,226 m² | 33.8 m · 10 fl. |
| 62063A1608/00M000 | Wallonia | 559 m² | 1 · 192 m² | 21.1 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 601 companies in sector 47610 we hold annual accounts for 242. 134 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-2010
Fiscal year end31-12
Activities, NACEBEL
47610Retail trade
47793Retail sale of other second-hand goods, excluding clothing
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.