KAAR TECHNOLOGIES EUROPE
The computed 12-month bankruptcy probability of KAAR TECHNOLOGIES EUROPE is 1.3% (low). The 2025 annual accounts show negative equity (€-8k) and a net result of €-55k. Equity is shrinking by ~63% per year across the filed fiscal years. Its solvency ranks better than 9% of 93 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-8k |
| Net result | €-55k |
| Better than sector | 9% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -1.0% | 48.3% | |
| Net result | €-55k | €42k | |
| Equity | €-8k | €93k | |
| Gross operating margin | €-55k | €74k | |
| Total assets | €785k | €256k |
Show 5 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €-55k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €785k |
| Equity | €-8k |
| Debt | €793k |
| of which ≤ 1y | €793k |
| of which > 1y | - |
| Working capital | €-8k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.99 |
| Quick ratio | 0.99 |
| Working capital ratio | -1.0% |
| Solvency | -1.0% |
| Debt / equity | -96.98 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -7.0% |
| ROE | 674.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (18 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €785k |
| Current assets | 29/58 | €785k |
| Amounts receivable within one year | 40/41 | €642k |
| Cash & bank | 54/58 | €141k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €785k |
| Equity | 10/15 | €-8k |
| Contributions / capital | 10/11 | €50k |
| Accumulated profits (losses) | 14 | €-58k |
| Amounts payable | 17/49 | €793k |
| Amounts payable within one year | 42/48 | €793k |
| Trade debts payable within one year | 44 | €691k |
| Income statement | ||
| Gross operating margin | 9900 | €-55k |
| Operating result | 9901 | €-55k |
| Financial income | 75 | €310 |
| Financial charges | 65 | €498 |
| Result before taxes | 9903 | €-55k |
| Net result for the period | 9904 | €-55k |
| Result to be appropriated | 9905 | €-55k |
| NACE primary | Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 15-06-2022 |
| Status | Active |
| Postal code | 1170 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0030/00D002 | Brussels | 3.2 ha | 1 · 7,322 m² | 21.0 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
05-03-2026 2 directors appointed
- Pierre Warzee, Commissaris
- Guillaume Blauwart, Dagelijks bestuur
Technical details
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"events": [
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": "A01282",
"name": "Pierre Warzee",
"address": "Rue de la Joncqui\u00E8re (LOV) 19, 6280 Gerpinnes Belgique",
"birth_date": null,
"profession": "REVISEUR D\u0027ENTREPRISES",
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u0027actionnaire d\u00E9cide de nommer PIERRE WARZEE, REVISEUR D\u0027ENTREPRISES (B00521) ayant son si\u00E8ge social \u00E0 Rue de la Joncqui\u00E8re (LOV) 19,6280 Gerpinnes Belgique comme r\u00E9viseur d\u0027entreprises, ayant comme repr\u00E9sentant permanent, Pierre Warzee (num\u00E9ro de registre public de I\u0027IRE: A01282).",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2028"
},
"rep_rotation_new_rep": null,
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},
{
"kind": "delegation_dagelijks_bestuur_in",
"role": "dagelijks_bestuur",
"person": {
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"name": "Guillaume Blauwart",
"address": "166 Chauss\u00E9e de la Hulpe boite 2 \u00E0 1170 Watermael-Boitsfort",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": {
"kbo": null,
"name": "AD-BEL Services",
"address": "166 Chauss\u00E9e de la Hulpe boite 2 \u00E0 1170 Watermael-Boitsfort",
"country": null,
"legal_form": null
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u0027Actionnaire d\u00E9signe Guillaume Blauwart et tout employ\u00E9 d\u0027AD-BEL Services, \u00E9lisant domicile professionnel au 166 Chauss\u00E9e de la Hulpe boite 2 \u00E0 1170 Watermael-Boitsfort, comme mandataire sp\u00E9cial avec facult\u00E9 de substitution pour accomplir toutes les formalit\u00E9s n\u00E9cessaires \u00E0 la publication de la d\u00E9c",
"decharge_status": null,
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"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-05",
"filing_date": "2026-03-31",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "enig_aandeelhouder_schriftelijk",
"date": "2026-02-26",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0787.313.663",
"name_full": "Kaar Technologies Europe",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Guillaume Blauwart",
"org_rep_person_name": null,
"person_role_at_subject": "Mandataire"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}17-06-2022 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "Chauss\u00E9e de La Hulpe 166 bte 25, 1170 Watermael-Boitsfort",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0783.620.339",
"name": "KAAR TECHNOLOGIES INDIA PRIVATE LIMITED"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": "0783.620.339",
"holder_org_name": "KAAR TECHNOLOGIES INDIA PRIVATE LIMITED",
"contribution_type": "cash",
"amount_paid_in_eur": 50000,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 1,
"amount_subscribed_eur": 50000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 50000,
"subject_company": {
"kbo": "0787.313.663",
"name_full": "KAAR TECHNOLOGIES EUROPE",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2022-06-14",
"post_incorporation_mandates": []
}| Legal nameFR | KAAR TECHNOLOGIES EUROPE |