CAREO
ActiveSummary
CAREO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €153k. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 9% of 19908 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+3
Solvency34▲+5
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.35 in 2023; short-term debt: 37.3% and cash: 11.3% of total assets), and 91.4% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 19908 sector peers (2024).
NBB · sector comparisonPosition among 19908 sector peers
Solvency
better than 9%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €39k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
132 d early
2022
53 d early
2021
48 d early
2020
36 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€39k▲ 142%
2023 · €16k
2018: €24k
2019: €56k
2020: €56k
2021: €58k
2022: €30k
2023: €16k
2018 → 2024
Total assets
€452k▲ 6.7%
2023 · €424k
2018: €190k
2019: €282k
2020: €532k
2021: €463k
2022: €509k
2023: €424k
2018 → 2024
Net result
€153k▲ 59.9%
2023 · €96k
2018: €18k
2019: €32k
2020: €350
2021: €60k
2022: €71k
2023: €96k
2018 → 2024
Working capital
€-72k▲ 7.6%
2023 · €-78k
2018: €-25k
2019: €1k
2020: €-7k
2021: €-11k
2022: €-75k
2023: €-78k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€56k-€58k▲ 2.4%€30k▼ 48.0%€16k▼ 46.4%€39k▲ 142%
Operating result€-4k-€84k€99k▲ 17.7%€120k▲ 21.5%€206k▲ 70.9%
Net result€350-€60k▲ 17,162%€71k▲ 17.5%€96k▲ 34.8%€153k▲ 59.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 71% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €452k
Fixed assets
€355k ▼ 6.9%
Current assets
€97k ▲ 131%
Equity and liabilities €452k
Equity
€39k ▲ 142%
Debt
€413k ▲ 1.4%
Debt's share of the balance-sheet total falls from 96.2% to 91.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€246k▲
2023 · €174k
Cash flow
€193k▲
2023 · €149k
Current ratio
0.58▲
2023 · 0.35
Debt to equity
10.61▼
2023 · 25.37
ROE
392.5%▼
2023 · 595.2%
ROA
33.8%▲
2023 · 22.6%
Interest coverage
38.41▲
2023 · 23.64
Debt ≤ 1 year
€169k▲
2023 · €120k
Debt > 1 year
€245k▼
2023 · €288k
Income taxes
€46k▲
2023 · €18k
Staff costs
€65k▲
2023 · €53k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€424k€452k▲
Fixed assets21/28€382k€355k▼
Tangible fixed assets22/27€382k€355k▼
Land and buildings22€217k€208k▼
Plant, machinery and equipment23€85k€74k▼
Furniture and vehicles24€56k€45k▼
Other tangible fixed assets26€23k€19k▼
Assets under construction and advance payments27-€9k
Current assets29/58€42k€97k▲
Amounts receivable after more than one year29€14k€14k=
Trade receivables290€14k€14k=
Amounts receivable within one year40/41€14k€30k▲
Trade receivables40€1k€19k▲
Other amounts receivable41€13k€11k▼
Cash at bank and in hand54/58€13k€51k▲
Deferred charges and accrued income490/1€679€2k▲
Equity and liabilities
Total equity and liabilities10/49€424k€452k▲
Equity10/15€16k€39k▲
Contributions10/11€13k€13k=
Profit (loss) carried forward14€3k€26k▲
Amounts payable17/49€408k€413k▲
Amounts payable after more than one year17€288k€245k▼
Financial debts170/4€288k€245k▼
Amounts payable within one year42/48€120k€169k▲
Current portion of amounts payable after more than one year42€44k€44k▲
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Taxes, remuneration and social security45€19k€25k▲
Taxes450/3€3k€8k▲
Remuneration and social security454/9€16k€17k▲
Other amounts payable47/48€50k€97k▲
Income statement
Code20232024
Remuneration, social security and pensions62€53k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€40k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€228k€312k▲
Operating profit (loss)9901€120k€206k▲
Financial income75/76B€555€0▼
Recurring financial income75€555€0▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€114k€199k▲
Income taxes67/77€18k€46k▲
Profit (loss) for the period9904€96k€153k▲
Profit (loss) for the period to be appropriated9905€96k€153k▲
Appropriation of the result
Profit (loss) to be appropriated9906€105k€156k▲
Profit (loss) brought forward from the previous period14P€10k€3k▼
Profit to be distributed694/7€102k€130k▲
Return on contributions (dividend)694€102k€130k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €153k ▲59.9%
Operating result €206k, net result €153k, both a record.
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €350 ▼98.9%
Net result drops to €350, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Nandrin · 1 establishment unit since 2009
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.
Rue des Six Bonniers 324550 NandrinGround area
1,129 m²
Building footprint
168 m²
Parcel 61069D0498/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CAREO
since 20092.179.386.003
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61069D0498/00F000 | Wallonia | 1,129 m² | 1 · 168 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.
Similar companies · same sector, comparable size
Cabinet Dentaire Rahmani Samy SRL
BE 0790.285.526
Grâce-Hollogne · Eq €39,083
BACAGLOW DENTAL
BE 1005.887.327
Sambreville · Eq €39,158
EURO DENTAL MED
BE 0740.454.547
Scherpenheuvel-Zichem · Eq €39,165
ANDENTAL
BE 0802.499.905
Sint-Gillis (bij-Brussel) · Eq €39,183
DENTICRIS
BE 0669.885.859
Etterbeek · Eq €39,210
Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 2,862 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
Founded07-07-2009
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.