PL CARPATHIA
ActiveSummary
The computed 12-month bankruptcy probability of PL CARPATHIA is 1.9% (moderate). The 2025 annual accounts show equity of €15k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 13305 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-1
Solvency38▲+6
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.16 in 2024; short-term debt: 61.2% and cash: 7.3% of total assets), and 86.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 56
Relative position
BE, all sectors
reference
Sector 56
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
13.1%
Return on assets
3.6%
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €15k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 8 filingsDeviation from the deadline
2025
17 d late
2024
61 d late
2023
141 d late
2022
24 d late
2021
61 d late
2020
385 d late
2019
146 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▲ 37.6%
2024 · €11k
2018: €16k
2019: €2k
2020: €-10k
2021: €5k
2022: €-4k
2023: €5k
2024: €11k
2018 → 2025
Total assets
€113k▼ 24.8%
2024 · €151k
2018: €139k
2019: €339k
2020: €312k
2021: €271k
2022: €230k
2023: €195k
2024: €151k
2018 → 2025
Net result
€4k▼ 32.4%
2024 · €6k
2018: €-2k
2019: €-14k
2020: €-12k
2021: €15k
2022: €-9k
2023: €8k
2024: €6k
2018 → 2025
Working capital
€-59k▼ 5.8%
2024 · €-55k
2018: €-17k
2019: €-35k
2020: €-40k
2021: €-46k
2022: €-61k
2023: €-50k
2024: €-55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€-4k€5k€11k▲ 125%€15k▲ 37.6%
Operating result€13k-€-724€14k€10k▼ 29.2%€8k▼ 20.8%
Net result€15k-€-9k€8k€6k▼ 28.7%€4k▼ 32.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets
€103k ▼ 26.8%
Current assets
€11k ▲ 1.2%
Equity and liabilities €113k
Equity
€15k ▲ 37.6%
Debt
€98k ▼ 29.7%
Debt's share of the balance-sheet total falls from 92.8% to 86.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▼
2024 · €48k
Cash flow
€42k▼
2024 · €43k
Current ratio
0.16▼
2024 · 0.16
Quick ratio
0.13▼
2024 · 0.14
Debt to equity
6.61▼
2024 · 12.92
ROE
27.3%▼
2024 · 55.6%
ROA
3.6%▼
2024 · 4.0%
Interest coverage
16.46▲
2024 · 12.15
Debt ≤ 1 year
€69k▲
2024 · €66k
Debt > 1 year
€29k▼
2024 · €73k
Income taxes
€1k▲
2024 · €182
Staff costs
€46k▲
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€151k€113k▼
Fixed assets21/28€140k€103k▼
Tangible fixed assets22/27€137k€100k▼
Land and buildings22€12k€8k▼
Plant, machinery and equipment23€123k€91k▼
Furniture and vehicles24€3k€334▼
Financial fixed assets28€3k€3k=
Current assets29/58€11k€11k▲
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€2k€833▼
Trade receivables40€1k-
Other amounts receivable41€807€833▲
Cash at bank and in hand54/58€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€151k€113k▼
Equity10/15€11k€15k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-8k€-4k▲
Amounts payable17/49€140k€98k▼
Amounts payable after more than one year17€73k€29k▼
Financial debts170/4€33k€9k▼
Other amounts payable178/9€40k€20k▼
Amounts payable within one year42/48€66k€69k▲
Current portion of amounts payable after more than one year42€24k€24k▼
Financial debts43€30-
Credit institutions430/8€30-
Trade debts44€22k€21k▼
Suppliers440/4€22k€21k▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€3k€3k▼
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€9k€14k▲
Accrued charges and deferred income492/3€950-
Income statement
Code20242025
Non-recurring operating income76A€9-
Remuneration, social security and pensions62€45k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€38k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€305€148▼
Gross operating margin9900€96k€94k▼
Operating profit (loss)9901€10k€8k▼
Financial income75/76B€26€27▲
Recurring financial income75€26€27▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€6k€5k▼
Income taxes67/77€182€1k▲
Profit (loss) for the period9904€6k€4k▼
Profit (loss) for the period to be appropriated9905€6k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-4k▲
Profit (loss) brought forward from the previous period14P€-14k€-8k▲
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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 141 days late
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 385 days late
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
2020
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 146 days late
2019
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
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, Mouscron · 1 establishment unit since 2017
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.
Luingneplein(L) 17700 MouscronGround area
351 m²
Building footprint
149 m²
Parcel 54006M0187/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CARPATHIA
since 20172.269.965.987
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54006M0187/00B000 | Wallonia | 350 m² | 1 · 149 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMouscron/Moeskroen2.269.965.987
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,156 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
47110Non-specialised retail sale with food, beverages or tobacco predominating
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.