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DE KARAF

Active
Public limited companyfounded 199036 yrs activeNijvelsesteenweg 37, 1500 Halle, BelgiumKBO/BCE: BE 0440.828.970
Summary

The computed 12-month bankruptcy probability of DE KARAF is 10.5% (high). For DE KARAF, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€775,074) and a net result of -€19,143. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 5% of 24602 sector peers (fiscal year 2023). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
DE KARAFActive
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Overview

Activity
Retail trade
NACE 47553NACE 47593NACE 52442
1 site
Size
€86,650total assets 2023
Equity
-€775,074
Loss
-€19,143
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
10.5%
2023 figures too old to score
Structure
Accounts 429 d overdue0 of 3 deeds read
Signals- Figures for FY 2023 (filed 31-10-2024)- 2 financial years not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late- Loss of €19,143, the second in a row (FY 2023)- Sector Retail trade (NACE 47)- Two or more financial years not filed- Filed more than 90 days lateShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 0=
equity -894.5% of total assets
Liquidity 1+1
short-term debt 245.0% · cash 0.6%
Profitability 0-53
return on assets -22.1%
Bankruptcy probability, 12 months
10.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,919 companies)
Last 24 months 11-2024: 7.2% 12-2024: 7.2%● 0.0% vs 11-2024 01-2025: 7.2%● 0.0% vs 12-2024 02-2025: 7.2%● 0.0% vs 01-2025 03-2025: 7.2%▼ -0.5% vs 02-2025 04-2025: 3.8%▼ -47.6% vs 03-2025 05-2025: 3.8%● 0.0% vs 04-2025 06-2025: 3.7%▼ -2.4% vs 05-2025lowest value 07-2025: 4.0%▲ +7.9% vs 06-2025 08-2025: 4.3%▲ +9.4% vs 07-2025 09-2025: 4.2%▼ -2.1% vs 08-2025 10-2025: 4.2%▼ -0.6% vs 09-2025 11-2025: 4.4%▲ +4.1% vs 10-2025 12-2025: 5.4%▲ +23.6% vs 11-2025 01-2026: 9.0%▲ +65.1% vs 12-2025 02-2026: 9.0%● 0.0% vs 01-2026 03-2026: 9.0%▲ +0.9% vs 02-2026 04-2026: 8.4%▼ -7.1% vs 03-2026 05-2026: 8.4%● 0.0% vs 04-2026 06-2026: 8.4%● 0.0% vs 05-2026 07-2026: 8.4%● 0.0% vs 06-2026 08-2026: 10.5%▲ +25.5% vs 07-2026highest value 09-2026: 10.5%● 0.0% vs 08-2026highest value 10-2026: 10.5%● 0.0% vs 09-2026highest value
  • Figures for FY 2023 (filed 31-10-2024) raises the probability
  • 2 financial years not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late raises the probability
  • Loss of €19,143, the second in a row (FY 2023) raises the probability
  • Sector Retail trade (NACE 47) raises the probability
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Figures for FY 2023 (filed 31-10-2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Loss of €19,143, the second in a row (FY 2023)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline03-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-10-2024, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
92 d late
2022
137 d late
2021
130 d late
2020
284 d late
2019
61 d late
← 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 141 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2023 · micro…
  2. Weakest financial yearnet -€19,143
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 429 d late View
  • Risk: Negative equityfiscal year 2023: debts exceed assets -€775,074 View
  • Caution: Among the weakest 5% on solvencysector median 31.6% · 24,602 companies -894.5% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2023 -€19,143 View

By topic

Financials

Fiscal year
2023
Total assets
€86,650
Loss
-€19,143
Solvency
-894.5%
Total assets▼ 59.4%
Net result
20182023
Go to Financials

Timeline

Events
12
Since
2016
  1. 31-10-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 15-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail tradeNACE 47553
Founded
16-05-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

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