Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CARAT from Knokke-Heist, company number BE0843646810, closed financial year 2025 with a result of € 1,063 after tax. For that financial year CARAT recorded a gross margin of € 18,544 and equity of € -24,040. Compared with financial year 2024, the result moved from € 1,313 to € 1,063. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ -24,040
▲ € 1,063 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,063
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 4
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -30,240.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 66
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 18,546 | € 18,546 | € 18,544 | |
| Profit after taxes | € 5,451 | € 1,313 | € 1,063 | ▼ 19% |
| Equity | € -26,416 | € -25,103 | € -24,040 | ▲ € 1,063 |
| Total debts | € 560,030 | € 560,481 | € 564,135 | ▲ 1% |
| Cash | € 38 | € 4 | € 4 | |
| Land & buildings | € 296,700 | € 284,337 | € 270,204 | ▼ 5% |
| Retained profit | € -32,616 | € -31,303 | € -30,240 | ▲ € 1,063 |
| Balance sheet total | € 533,614 | € 535,379 | € 540,095 | ▲ 1% |
Key figures of CARAT, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CARAT?
What happened at CARAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,063 (▼ 19% vs 2024). filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,451 profit in 2023 to € 1,063 profit in 2025.
Best year ever: 2023, with € 5,451 profit.
Management
Behind CARAT is Werner Verspecht. Werner Verspecht is also behind BELGIAN WATCH COMPANY.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Dumortierlaan 153
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0843.646.810
- VAT number
- BE 0843.646.810
- Registered office
- Dumortierlaan 153, 8300 Knokke-Heist
- Names & denominations
- CARAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 2012
- Peppol
- Not registered
- Activities · NACE
Handel in eigen onroerend goed
Overige zakelijke dienstverlening, neg
Verhuur en exploitatie van terreinen
Activiteiten van holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren