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DeliCarl

Active
Private limited companyfounded 2018active for 8 yearsGestelhoflei 61, 2820 Bonheiden, BelgiumKBO/BCE: BE 0700.989.997
Summary

The computed 12-month bankruptcy probability of DeliCarl is 4.9% (elevated). The 2025 annual accounts show negative equity (-€108,498) and a net result of -€102,408. Equity has been growing by about 23% per year since 2019. Its solvency ranks better than 11% of 12,777 sector peers (NACE 47, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 20-08-2018 Normal situation
Activity
Retail sale of bread and pastry (bakery outlets) NACE 47241and 2 others
Joint committees
119 Paritair Comité voor de handel in voedingswaren
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.314.424.156 2820 Bonheiden, since 01-03-2021
Financial year end
31 December
Peppol
Reachable since 02-12-2025

Board and ownership

Board
  • ARTISAN FOOD SOLUTIONSDirector · since 20-08-2018 · permanent representative Cleirbaut Carl
  • V FOOD SERVICEDirector · since 01-01-2024 · permanent representative Vervloesem Stijn
Shareholders

Financial position

36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.9%
Annual accounts 2025
Gross margin
€362,119
▲ 68.5%
Turnover
≈ €1.5m
estimated
Loss
€102,408
▼ 39.1%
Equity
-€108,498
▼ 1,682%
Total assets
€1.2m
=
Employees on 31-12-2025
5
▼ 58.3%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 33 days after the deadline
Score breakdownraises riskNegative equity -€108,498Loss of €102,408, the second in a row (financial year 2025)Last filed accounts filed 33 days late; 1 of the last 3 accounts lateSector: Retail trade (NACE 47)Show the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 21% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 16-8
equity -9.4% of total assets
Liquidity 44-1
short-term debt 26.9% · cash 3.3%
Profitability 26+26
return on assets -8.9%
Bankruptcy probability within 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 2.2% 01-2025: 2.1%▼ -0.1 percentage points vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.0%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 2.1%▲ +0.1 percentage points vs 03-2025 05-2025: 2.5%▲ +0.4 percentage points vs 04-2025 06-2025: 2.8%▲ +0.3 percentage points vs 05-2025 07-2025: 3.1%▲ +0.3 percentage points vs 06-2025 08-2025: 5.5%▲ +2.4 percentage points vs 07-2025 09-2025: 5.5%● unchanged vs 08-2025 10-2025: 5.5%● unchanged vs 09-2025 11-2025: 5.5%● unchanged vs 10-2025 12-2025: 5.5%● unchanged vs 11-2025 01-2026: 4.0%▼ -1.5 percentage points vs 12-2025 02-2026: 4.1%▲ +0.1 percentage points vs 01-2026 03-2026: 4.1%● unchanged vs 02-2026 04-2026: 4.6%▲ +0.5 percentage points vs 03-2026 05-2026: 4.5%▼ -0.1 percentage points vs 04-2026 06-2026: 4.4%▼ -0.1 percentage points vs 05-2026 07-2026: 4.8%▲ +0.4 percentage points vs 06-2026 08-2026: 5.3%▲ +0.5 percentage points vs 07-2026 09-2026: 5.7%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 4.9%▼ -0.8 percentage points vs 09-2026 11-2026: 4.9%● unchanged vs 10-2026
No credit on open account
Liquidity is tight, with a current ratio of 1.26 (1.5 in 2024), below the usual 1.5. Short-term debt is 26.9% and cash 3.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 16% of them on solvency, 42% on liquidity, 23% on profitability and 1% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Negative equity -€108,498
NBB · annual accounts
raises risk · Loss of €102,408, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Last filed accounts filed 33 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€108,498
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filings
Deviation from the deadline
2025
33 days late
2024
1 day early
2023
13 days early
2022
6 days early
2021
31 days late
2020
2 days early
2019
81 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 30 July (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€108,498 View
  • Caution: Equity fell in 2025from -€6,090 to -€108,498 ▼ 1,682% View
  • Caution: Lower net result than 95% of companies in retail tradesector median €27,601 · 12,766 companies -€102,408 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€102,408 View

Recent changes

  1. · Gazette deed Company renamed from Carl's Bakery Cafe to DeliCarlRegistered office moved from Sint-Katelijne-Waver to Bonheiden · New seat: Gestelhoflei 61, 2820 Bonheiden · Previous seat: Liersesteenweg 84, 2860 Sint-Katelijne-Waver
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as DeliCarl: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €557,000 and €1m, founded between 2008 and 2020.

CompanyTotal assetsGross margin
DeliCarl Bonheiden€1.2m€0.4m
Winam Aarschot€1.0m€0.3m
Vermeer Invest Leopoldsburg€0.8m€0.4m
Cladille Heist-op-den-Berg€0.7m€0.5m
MP Antwerpen€0.8m€0.3m
Bakker Aldo Antwerpen€0.6m€0.4m
VAN EYNDE - COLDERS Puurs-Sint-Amands€1.0m€0.3m
Full comparison

Key facts about DeliCarl

What is the company number of DeliCarl?
The company number of DeliCarl is 0700.989.997. The VAT number is the same number with BE in front: BE 0700.989.997.
Where is DeliCarl based?
The registered office is at Gestelhoflei 61, 2820 Bonheiden.Company details
What does DeliCarl do?
According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
What is the legal form of DeliCarl?
The legal form of DeliCarl is Private limited company (BV).
When was DeliCarl founded?
DeliCarl was founded on 20-08-2018.
Is DeliCarl still active?
Yes, DeliCarl is an active enterprise in the KBO register.
How many employees does DeliCarl have?
DeliCarl had an average of 5.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DeliCarl fall under?
In its 2025 annual accounts, DeliCarl states joint committees 119 (Paritair Comité voor de handel in voedingswaren) and 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of DeliCarl?
The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €362,119 and 49 comparable companies (NACE 472). It probably lies between €1.1m and €2.5m.
Is DeliCarl profitable?
In financial year 2025, DeliCarl made a loss of €102,408.
Where can I find the annual accounts of DeliCarl?
DeliCarl filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DeliCarl due?
DeliCarl must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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