CARRON MARINE
ActiveSummary
CARRON MARINE has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.57M and a net result of €66k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 73% of 482 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▼-10
Solvency83▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.96 in 2023; short-term debt: 24.3% and cash: 7.3% of total assets), and 42.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
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 2024Solvency, return and age of the figures
Solvency
57.9%
Return on assets
2.4%
Age of the figures
21 mo
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 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
20 d early
2022
19 d early
2021
11 d early
2020
22 d early
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.57M▲ 2.8%
2023 · €1.53M
2018: €1.48M
2019: €1.49M
2020: €1.46M
2021: €1.44M
2022: €1.45M
2023: €1.53M
2018 → 2024
Total assets
€2.72M▼ 1.9%
2023 · €2.77M
2018: €2.63M
2019: €2.38M
2020: €2.86M
2021: €2.85M
2022: €2.84M
2023: €2.77M
2018 → 2024
Net result
€66k▼ 37.9%
2023 · €106k
2018: €89k
2019: €35k
2020: €-9k
2021: €10k
2022: €36k
2023: €106k
2018 → 2024
Working capital
€17k
2023 · €-29k
2018: €127k
2019: €162k
2020: €215k
2021: €67k
2022: €-9k
2023: €-29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.46M-€1.44M▼ 1.0%€1.45M▲ 0.7%€1.53M▲ 5.5%€1.57M▲ 2.8%
Operating result€4k-€55k▲ 1,401%€67k▲ 22.5%€149k▲ 123%€132k▼ 11.5%
Net result€-9k-€10k€36k▲ 253%€106k▲ 193%€66k▼ 37.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.72M
Fixed assets
€2.04M ▼ 1.4%
Current assets
€678k ▼ 3.3%
Equity and liabilities €2.72M
Equity
€1.57M ▲ 2.8%
Debt
€1.15M ▼ 7.7%
Debt's share of the balance-sheet total falls from 44.7% to 42.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€216k▼
2023 · €229k
Cash flow
€150k▼
2023 · €185k
Current ratio
1.03▲
2023 · 0.96
Quick ratio
0.74▲
2023 · 0.68
Debt to equity
0.73▼
2023 · 0.81
ROE
4.2%▼
2023 · 6.9%
ROA
2.4%▼
2023 · 3.8%
Interest coverage
5.03▼
2023 · 6.93
Debt ≤ 1 year
€661k▼
2023 · €730k
Debt > 1 year
€472k▼
2023 · €509k
Income taxes
€24k▲
2023 · €15k
Staff costs
€355k▲
2023 · €343k
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 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.77M€2.72M▼
Fixed assets21/28€2.07M€2.04M▼
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€2.06M€2.03M▼
Land and buildings22€1.63M€1.59M▼
Plant, machinery and equipment23€431k€434k▲
Furniture and vehicles24€5k€8k▲
Financial fixed assets28€5k€5k=
Current assets29/58€701k€678k▼
Stocks and contracts in progress3€204k€186k▼
Stocks30/36€186k€174k▼
Contracts in progress37€18k€12k▼
Amounts receivable within one year40/41€353k€287k▼
Trade receivables40€351k€284k▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€139k€200k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€2.77M€2.72M▼
Equity10/15€1.53M€1.57M▲
Contributions10/11€48k€48k=
Revaluation surpluses12€985k€963k▼
Reserves13€498k€564k▲
Non-distributable reserves130/1€5k€0▼
Reserves not available under the articles1311€5k€0▼
Distributable reserves133€493k€564k▲
Amounts payable17/49€1.24M€1.15M▼
Amounts payable after more than one year17€509k€472k▼
Financial debts170/4€509k€472k▼
Amounts payable within one year42/48€730k€661k▼
Current portion of amounts payable after more than one year42€96k€100k▲
Financial debts43€282k€237k▼
Credit institutions430/8€282k€237k▼
Trade debts44€101k€88k▼
Suppliers440/4€101k€88k▼
Taxes, remuneration and social security45€93k€102k▲
Taxes450/3€40k€61k▲
Remuneration and social security454/9€53k€41k▼
Other amounts payable47/48€159k€134k▼
Accrued charges and deferred income492/3€1k€12k▲
Income statement
Code20232024
Remuneration, social security and pensions62€343k€355k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€84k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€43k€43k▲
Gross operating margin9900€615k€615k=
Operating profit (loss)9901€149k€132k▼
Financial income75/76B€5k€417▼
Recurring financial income75€5k€417▼
Financial charges65/66B€33k€43k▲
Recurring financial charges65€33k€43k▲
Profit (loss) for the period before taxes9903€121k€89k▼
Income taxes67/77€15k€24k▲
Profit (loss) for the period9904€106k€66k▼
Profit (loss) for the period to be appropriated9905€106k€66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€106k€66k▼
Transfer to equity691/2€106k€66k▼
To other reserves6921€106k€66k▼
Social balance
Average headcount (FTE)90876.86.0▼
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €106k ▲193%
Operating result €149k, net result €106k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-9k ▼126%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zelzate · 1 establishment unit since 1963
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.
Havenlaan 849060 ZelzateGround area
4,481 m²
Building footprint
778 m²
Volume, LiDAR
4,674 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Havenlaan 83, 9060 Zelzate
since 19632.005.988.011
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43302B0411/00Z000 | Flanders | 3,089 m² | 1 · 647 m² | 7.8 m · 2 fl. |
| 43302B0542/00X002 | Flanders | 1,392 m² | 1 · 131 m² | 10.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,556 EUR awarded · 2,556 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,556 EUR | 2,556 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 298 companies in sector 33150 we hold annual accounts for 159. 87 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
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
33150Repair, maintenance and installation of machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.