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CARBONE +

Active
Public limited companyfounded 199234 yrs activeRue de la Grande Couture(MAR) 1, 7522 Tournai, BelgiumKBO/BCE: BE 0446.509.608
Summary

CARBONE + has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €450k and a net result of €22k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 45% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
58 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+16
Solvency57▲+6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.26 in 2024; short-term debt: 67.5% and cash: 13.4% of total assets), and 67.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
32.2%
Return on assets
1.6%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 10-04-2026, 112 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
112 d early
2024
120 d early
2023
90 d early
2022
7 d late
2021
79 d early
2020
45 d early
2019
42 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 months
Position in the running window
24-09-2026 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

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22k
2024 · €-24k
2018: €217k 2019: €134k 2020: €168k 2021: €-142k 2022: €55k 2023: €124k 2024: €-24k
2018 → 2025
Working capital
€315k▲ 1.1%
2024 · €312k
2018: €552k 2019: €478k 2020: €621k 2021: €433k 2022: €303k 2023: €326k 2024: €312k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€374k-€429k▲ 14.7%€452k▲ 5.5%€428k▼ 5.2%€450k▲ 5.1%
Operating result€-53k-€49k€213k▲ 333%€13k▼ 93.7%€80k▲ 490%
Net result€-142k-€55k€124k▲ 125%€-24k€22k
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100k€200kOperating result 2021: €-53k€-53kNet result 2021: €-142k€-142kOperating result 2022: €49k€49kNet result 2022: €55k€55kOperating result 2023: €213k€213kNet result 2023: €124k€124kOperating result 2024: €13k€13kNet result 2024: €-24k€-24kOperating result 2025: €80k€80kNet result 2025: €22k€22k20212022202320242025€-100k€0€100k€200kOperating result 2023: €213k€213kNet result 2023: €124k€124kOperating result 2024: €13k€13kNet result 2024: €-24k€-24kOperating result 2025: €80k€80kNet result 2025: €22k€22k202320242025
The operating result recovers in 2025; 2025 is 490% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.40M
Fixed assets €140k ▲ 2.9%
Current assets €1.26M ▼ 16.8%
Equity and liabilities €1.40M
Equity €450k ▲ 5.1%
Debt €948k ▼ 22.3%
Debt's share of the balance-sheet total falls from 74.0% to 67.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€105k
2024 · €53k
Cash flow
€47k
2024 · €16k
Current ratio
1.33
2024 · 1.26
Quick ratio
0.88
2024 · 0.87
Debt to equity
2.11
2024 · 2.85
ROE
4.9%
2024 · -5.5%
ROA
1.6%
2024 · -1.4%
Interest coverage
2.51
2024 · 1.05
Debt ≤ 1 year
€944k
2024 · €1.20M
Debt > 1 year
€5k
2024 · €19k
Income taxes
€17k
2024 · €6k
Staff costs
€622k=
2024 · €622k
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 · 61 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.65M€1.40M
Fixed assets21/28€136k€140k
Intangible fixed assets21-€28k
Tangible fixed assets22/27€117k€96k
Land and buildings22€80k€74k
Plant, machinery and equipment23€6k€4k
Furniture and vehicles24€21k€12k
Leasing and similar rights25€10k€8k
Financial fixed assets28€19k€15k
Current assets29/58€1.51M€1.26M
Stocks and contracts in progress3€469k€432k
Stocks30/36€469k€432k
Amounts receivable within one year40/41€625k€631k
Trade receivables40€606k€623k
Other amounts receivable41€19k€8k
Cash at bank and in hand54/58€410k€187k
Deferred charges and accrued income490/1€10k€9k
Equity and liabilities
Total equity and liabilities10/49€1.65M€1.40M
Equity10/15€428k€450k
Contributions10/11€130k€130k=
Capital10€130k€130k=
Issued capital100€130k€130k=
Reserves13€13k€13k=
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Profit (loss) carried forward14€285k€307k
Amounts payable17/49€1.22M€948k
Amounts payable after more than one year17€19k€5k
Financial debts170/4€19k€5k
Amounts payable within one year42/48€1.20M€944k
Current portion of amounts payable after more than one year42€23k€15k
Financial debts43€400k€250k
Credit institutions430/8€400k€250k
Trade debts44€684k€556k
Suppliers440/4€684k€556k
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€94k€118k
Taxes450/3€26k€45k
Remuneration and social security454/9€68k€72k
Other amounts payable47/48€561€450
Income statement Code20242025
Non-recurring operating income76A-€18k
Remuneration, social security and pensions62€622k€622k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€25k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€6k
Other operating charges640/8€11k€15k
Non-recurring operating charges66A€0-
Gross operating margin9900€693k€747k
Operating profit (loss)9901€13k€80k
Financial income75/76B€20k€699
Recurring financial income75€20k€699
Financial charges65/66B€50k€42k
Recurring financial charges65€50k€42k
Profit (loss) for the period before taxes9903€-17k€39k
Income taxes67/77€6k€17k
Profit (loss) for the period9904€-24k€22k
Profit (loss) for the period to be appropriated9905€-24k€22k
Appropriation of the result
Profit (loss) to be appropriated9906€285k€307k
Profit (loss) brought forward from the previous period14P€309k€285k
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90877.57.3

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €22k
Net result €22k after one loss-making year.
02-04
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
02-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
07-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 7 days late
2022
31-12
Financial Back to profitnet €55k
Net result €55k after one loss-making year.
13-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet €-142k ▼185%
Net result drops to €-142k, the lowest in the series; recovery starts the following year.
16-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Equity above €500kEq €516k ▲3.6%
3 profitable years in a row build equity to €516k.
11-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 42 days late
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
12-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
09-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
10 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, Tournai · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
4,301 m²
Building footprint
523 m²
Volume, LiDAR
6,305 m³
Parcel 57050A0188/03A000, Wallonia · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CARBONE +
Rue de la Grande Couture(MAR) 1, 7522 TournaiNACE 5113001
since 19922.056.443.154
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57050A0188/03A000 Wallonia 4,301 m² 1 · 523 m² 15.3 m · 4 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.

Similar companies · same sector, comparable size

Of 4,243 companies in sector 47789 we hold annual accounts for 1,019. 668 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 formPublic limited company
Founded05-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
47789Other retail sale of new goods
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

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