De Karmelieten
ActiveDe Karmelieten has been active since 1923 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.57M and a net result of €-191k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 92% of 498 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days acceptable
Liquidity ample (current ratio 9.36 against 12.01 in 2024; short-term debt: 3.3% and cash: 2.2% of total assets), and 3.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 94
Relative position
BE, all sectors
reference
Sector 94
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
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
96.7%
Return on assets
-1.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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 · 10 filingsDeviation from the deadline
2025
45 d late
2024
203 d late
2023
79 d late
2022
60 d early
2021
38 d early
2020
26 d early
2019
19 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-191k▼ 27.6%
2024 · €-150k
2018: €-611k
2019: €-734k
2020: €-593k
2021: €-74k
2022: €1.20M
2023: €-414k
2024: €-150k
2018 → 2025
Working capital
€2.76M▼ 9.7%
2024 · €3.06M
2018: €3.48M
2019: €2.60M
2020: €1.71M
2021: €1.74M
2022: €2.05M
2023: €3.02M
2024: €3.06M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8.38M-€9.16M▲ 9.3%€7.41M▼ 19.1%€9.82M▲ 32.6%€9.57M▼ 2.6%
Operating result€-215k-€1.57M€-597k€-402k▲ 32.7%€-138k▲ 65.8%
Net result€-74k-€1.20M€-414k€-150k▲ 63.8%€-191k▼ 27.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €138k in 2025 against €402k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.90M
Fixed assets
€6.81M▲ 0.5%
Current assets
€3.09M▼ 7.3%
Equity and liabilities €9.90M
Equity
€9.57M▼ 2.6%
Debt
€332k▲ 14.3%
The debt ratio rises from 2.9% to 3.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-99k▲
2024 · €-371k
Cash flow
€-152k▼
2024 · €-118k
Solvency
96.7%▼
2024 · 97.1%
Current ratio
9.36▼
2024 · 12.01
Quick ratio
9.06▼
2024 · 11.64
Debt / equity
0.03▲
2024 · 0.03
ROE
-2.0%▼
2024 · -1.5%
ROA
-1.9%▼
2024 · -1.5%
Interest coverage
-1.12▲
2024 · -61.82
Debt
€332k▲
2024 · €290k
Debt ≤ 1 year
€330k▲
2024 · €278k
Debt > 1 year
€2k▼
2024 · €8k
Staff costs
€945k▼
2024 · €1.00M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€10.11M€9.90M▼
Fixed assets21/28€6.78M€6.81M▲
Tangible fixed assets22/27€6.78M€6.81M▲
Land and buildings22€6.70M€6.75M▲
Furniture and vehicles24€64k€52k▼
Leasing and similar rights25€14k€8k▼
Current assets29/58€3.33M€3.09M▼
Stocks and contracts in progress3€102k€99k▼
Stocks30/36€102k€99k▼
Amounts receivable within one year40/41€108k€96k▼
Trade receivables40€46k€96k▲
Other amounts receivable41€62k€105▼
Current investments50/53€3.06M€2.66M▼
Cash at bank and in hand54/58€42k€216k▲
Deferred charges and accrued income490/1€17k€14k▼
Equity and liabilities
Total equity and liabilities10/49€10.11M€9.90M▼
Equity10/15€9.82M€9.57M▼
Contributions10/11€6.98M€6.91M▼
Capital10€6.98M€6.91M▼
Revaluation surpluses12€2.85M€2.85M=
Profit (loss) carried forward14-€-191k
Amounts payable17/49€290k€332k▲
Amounts payable after more than one year17€8k€2k▼
Financial debts170/4€8k€2k▼
Amounts payable within one year42/48€278k€330k▲
Current portion of amounts payable after more than one year42€6k€6k=
Trade debts44€110k€139k▲
Suppliers440/4€110k€139k▲
Advances received on contracts in progress46€6k€22k▲
Taxes, remuneration and social security45€101k€84k▼
Taxes450/3€7k€0▼
Remuneration and social security454/9€94k€84k▼
Accrued charges and deferred income492/3€5k-
Income statement
Code20242025
Non-recurring operating income76A€5k€3k▼
Remuneration, social security and pensions62€1.00M€945k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€39k▲
Other operating charges640/8€80k€71k▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€717k€917k▲
Operating profit (loss)9901€-402k€-138k▲
Financial income75/76B€259k€35k▼
Recurring financial income75€259k€35k▼
Financial charges65/66B€6k€88k▲
Recurring financial charges65€6k€88k▲
Profit (loss) for the period before taxes9903€-150k€-191k▼
Profit (loss) for the period9904€-150k€-191k▼
Profit (loss) for the period to be appropriated9905€-150k€-191k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-150k€-191k▼
From contributions791€150k-
Social balance
Average headcount (FTE)908717.515.3▼
The notes to these accounts (10 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
14-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 45 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 203 days late
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 79 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 8.28
Current ratio from 2.45 to 8.28; short-term debt falls from €1.41M to €414k.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €1.20M
Net result €1.20M after 4 loss-making years.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2019
31-12
Financial
Weakest financial yearnet €-734k
Net result drops to €-734k, the lowest in the series; recovery starts the following year.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 296 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 3 establishment units since 2003
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.
Burgstraat 469000 GentGround area
1.7 ha
Building footprint
7,075 m²
Volume, LiDAR
73,635 m³
3 parcels, Flanders · tallest building 37.4 m, ±5 floors. Linked by address, not a title deed.
3 establishment units
De Karmelieten vzw
since 20032.146.687.501
De Karmelieten vzw
since 20032.146.687.796
De Karmelieten vzw
since 20032.146.688.093
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E1011/00G000 ProtectedMonumentKerk en klooster van de ongeschoeide karmelieten: gevels en bedaking van het Hof van UitkerkeSource ↗ |
Flanders | 9,236 m² | 1 · 2,438 m² | 33.2 m · 4 fl. |
| 44815F3334/00F000 ProtectedArchaeological site · MonumentKerk en klooster der Ongeschoeide Karmelieten of discalsen: kerkSource ↗ |
Flanders | 6,079 m² | 1 · 3,053 m² | 37.4 m · 5 fl. |
| 11003A0369/00H003 | Flanders | 1,747 m² | 1 · 1,584 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 10,879 EUR awarded · 7,983 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,897 EUR | 1 EUR |
| 2024 | 1 | 3,809 EUR | 3,809 EUR |
| 2023 | 1 | 3,024 EUR | 3,024 EUR |
| 2022 | 1 | 1,149 EUR | 1,149 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Onderzoekspremie voor beschermde monumenten en landschappen
Recognitions · licences · registrations
Food safety, FASFC
2 sitesGent2.146.687.796
Brugge2.146.688.093
Legal Entity Identifier
254900BLST0P1APHFJ48
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Of 2,062 companies in sector 94910 we hold annual accounts for 235. 192 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded29-01-1923
Fiscal year end31-12
Activities, NACEBEL
91310
94910Activities of religious organisations
55100Hotels and similar accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.karmel.be
E-mail:info@karmel-gent.be