Financials
- Financial year
- 2025
- Turnover
- €31.0m
- Profit
- €1.2m
- Solvency
- -7.1%
Turnover▲ 3.6%
Net result
20232025
CAREYE
ActiveSummary
CAREYE has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€650,067) and a net result of €1.2m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 363 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Manufacture of other non-metallic mineral products
NACE 23630Screed work NACE 43422
Fastest staff growth in Ypres, Manufacturing sector1 site
Size
€31.0mturnover 2025
- Staff
- 29.3 FTE
- Equity
- -€650,067
- Profit
- €1.2m
Structure
- Largest shareholder
- PIETER POTTIE · 10.22%
- CAREYE Andy BVDirector
Auditor: FIGURAD BEDRIJFSREVISOREN2025 accounts 147 days early1 of 3 deeds summarised
Why 55raises riskCapped at 59: negative equityNegative equity -€650,067Liquidity: current ratio 1.01, cash €240,038lowers riskSector: Manufacture of other non-metallic mineral products (NACE 23)Founded in 2020Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 38% of its sector peers (NACE 23, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
18+13
equity -7.1% of total assets
Liquidity
11+11
short-term debt 76.9% · cash 2.6%
Profitability
73+11
return on assets 12.7%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.6%
12-2024: 2.7%▲ +0.1 percentage points vs 11-2024
01-2025: 3.3%▲ +0.6 percentage points vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 3.3%● unchanged vs 02-2025
04-2025: 2.9%▼ -0.4 percentage points vs 03-2025
05-2025: 2.9%● unchanged vs 04-2025
06-2025: 3.0%▲ +0.1 percentage points vs 05-2025
07-2025: 3.0%● unchanged vs 06-2025
08-2025: 3.9%▲ +0.9 percentage points vs 07-2025
09-2025: 4.3%▲ +0.4 percentage points vs 08-2025highest value
10-2025: 1.3%▼ -3.0 percentage points vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 0.8%▼ -0.5 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.7%▼ -0.1 percentage points vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026lowest value
09-2026: 0.7%● unchanged vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity tight (current ratio 1.01, compared with 0.7 in 2024, below the usual 1.5; short-term debt: 76.9% and cash: 2.6% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 23, small): better than 6% on solvency, 6% on liquidity, 58% on profitability and 81% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 363 sector peers (2025).
NBB · sector comparisonPosition among 363 sector peers
Solvency
better than 5%
← weakest
strongest →
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 06-03-2026, 147 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
147 days early
2024
35 days late
2023
400 days late
2022
21 days late
2021
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 60 days after the deadline; the sector median (NACE 23) for financial year 2024 is 10 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (4 of the last 5 filed years within 168 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Highest result from 2021 to 2025net €1.2m ▲294%
- Annual accounts filedfinancial year 2024 · full…
Key points
By topic
Board & ownership
- Board
- 1 member
- Largest shareholder
- PIETER POTTIE · 10.22%
- Auditor
- FIGURAD BEDRIJFSREVISOREN
- CAREYE Andy BVDirector
Timeline
- Events
- 10
- Since
- 2022
- Next accounts
- by 31-07-2027
- 04-09-2025Annual accounts filed
- 31-12-2024Back to profit
- 17-01-2024Appointment: FIGURAD Bedrijfsrevisoren (statutory auditor)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of other non-metallic mineral productsNACE 23630
- Founded
- 24-12-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about CAREYE
- What is the company number of CAREYE?
- 0760.544.138. In Belgium the VAT number is the company number with BE in front: BE 0760.544.138.
- Where is CAREYE based?
- The registered office is at Dehemlaan 16A, 8900 Ieper.Company details
- What does CAREYE do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23630).
- What is the legal form of CAREYE?
- Private limited company (BV).
- When was CAREYE founded?
- On 24-12-2020.
- Is CAREYE still active?
- Yes, CAREYE is an active enterprise in the KBO register.
- How many employees does CAREYE have?
- On average 29.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CAREYE?
- €31.0m in financial year 2025, according to the filed annual accounts.
- Is CAREYE profitable?
- In financial year 2025, CAREYE made a profit of €1.2m.
- Where can I find the annual accounts of CAREYE?
- CAREYE filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CAREYE due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to CAREYE
Shareholders
- PIETER POTTIE10.22%
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