GROUP 7
ActiveThe file of GROUP 7 contains 2 historical bankruptcy publications and 1 administrative flag, as published in the Belgian State Gazette. The annual accounts of GROUP 7 for fiscal year 2024 show a net loss of 54% of the equity at the start of that year. The computed 12-month bankruptcy probability is 9.4% (elevated). The 2024 annual accounts show equity of €27k and a net result of €-31k. Its solvency ranks better than 40% of 1307 sector peers (fiscal year 2024).
Checked score
Score 2024
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency56▲+1
Growth22
Track record71
Bankruptcy probability, 12 months
9.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.56 against 1.53 in 2023; short-term debt: 51.9% and cash: 20% of total assets), but 69.4% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.6%
Return on assets
-35.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
69 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Turnover
€168k▼ 40.2%
2023 · €281k
2023: €281k
2023 → 2024
EBIT margin
-15.8%▼ 44.5pp
2023 · 28.6%
2023: 28.6%
2023 → 2024
Net result
€-31k
2023 · €56k
2023: €56k
2023 → 2024
Working capital
€26k▼ 59.4%
2023 · €63k
2023: €63k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€281k-€168k▼ 40.2%
Equity€58k-€27k▼ 53.7%
Operating result€80k-€-27k
Net result€56k-€-31k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €27k after €80k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88k
Fixed assets
€17k▲ 90.7%
Current assets
€72k▼ 60.9%
Equity and liabilities €88k
Equity
€27k▼ 53.7%
Debt
€61k▼ 54.2%
The debt ratio falls from 69.6% to 69.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-22k▼
2023 · €85k
Cash flow
€-27k▼
2023 · €60k
Solvency
30.6%▲
2023 · 30.4%
Current ratio
1.56▲
2023 · 1.53
Quick ratio
1.56▲
2023 · 1.53
Debt / equity
2.26▼
2023 · 2.29
ROE
-115.8%▼
2023 · 95.7%
ROA
-35.5%▼
2023 · 29.1%
Interest coverage
-4.54▼
2023 · 13.43
Debt
€61k▼
2023 · €134k
Debt ≤ 1 year
€46k▼
2023 · €120k
Debt > 1 year
€15k▲
2023 · €14k
Staff costs
€1k▼
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€192k€88k▼
Formation expenses20€549-
Fixed assets21/28€9k€17k▲
Tangible fixed assets22/27€9k€7k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€6k€5k▼
Financial fixed assets28-€10k
Current assets29/58€183k€72k▼
Amounts receivable within one year40/41€121k€38k▼
Trade receivables40€74k€7k▼
Other amounts receivable41€47k€31k▼
Cash at bank and in hand54/58€40k€18k▼
Deferred charges and accrued income490/1€22k€16k▼
Equity and liabilities
Total equity and liabilities10/49€192k€88k▼
Equity10/15€58k€27k▼
Contributions10/11€3k€3k=
Outside capital11€3k€3k=
Other1109/19€3k€3k=
Profit (loss) carried forward14€56k€25k▼
Amounts payable17/49€134k€61k▼
Amounts payable after more than one year17€14k€15k▲
Financial debts170/4€14k€15k▲
Amounts payable within one year42/48€120k€46k▼
Current portion of amounts payable after more than one year42€16k-
Trade debts44€51k€5k▼
Suppliers440/4€51k€5k▼
Taxes, remuneration and social security45€53k€41k▼
Taxes450/3€53k€41k▼
Income statement
Code20232024
Turnover70€281k€168k▼
Goods, raw materials, services and sundry goods60/61€204k€204k▲
Remuneration, social security and pensions62€3k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€7k€1k▼
Gross operating margin9900€95k€-20k▼
Operating profit (loss)9901€80k€-27k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€74k€-31k▼
Income taxes67/77€18k-
Profit (loss) for the period9904€56k€-31k▼
Profit (loss) for the period to be appropriated9905€56k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€25k▼
Profit (loss) brought forward from the previous period14P-€56k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-01
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KATAR SAFETY SERVICES BV VUURKRUIS- LAAN 5/201, 2610 WILRIJK (ANTWERPEN) · event 15-01-2026
2025
10-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KATAR SAFETY SERVICES BV VUURKRUISLAAN 5/201, 2610 WILRIJK (ANTWERPEN) · event 04-12-2025
01-12
KBO administration
Address struck
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
SignalNBB filing
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2022
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.
Uitbreidingstraat 662600 AntwerpenGround area
2,372 m²
Building footprint
792 m²
Volume, LiDAR
15,969 m³
Parcel 11303B0445/00F008, Flanders · tallest building 23.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
KSS
since 20222.334.221.163
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0445/00F008 | Flanders | 2,372 m² | 1 · 792 m² | 23.9 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LOUIS WOUTERS JAN VAN RIJSWIJCKLAAN 1-3,
2018 ANTWERPEN 1 |
04-12-2025 → present |
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 899 EUR awarded · 899 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 899 EUR | 899 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 529 companies in sector 52230 we hold annual accounts for 280. 171 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-08-2022
Fiscal year end31-12
Activities, NACEBEL
52230Warehousing and support activities for transportation
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
80090Investigation and security activities
80200Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.