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KAR

Active Private limited companyfounded 2000active for 26 yearsEugène Toussaintstraat 139, 1090 JetteKBO/BCE: BE 0472.612.011

Lifetime

19 annual accounts with figures on one time axis, 25 filings since 2001
peak €104,958 (2024)
-€21,312▼ €126,270
lowest -€179,896 (2020)
-€24,954▼ €122,460
peak €172,812 (2015)
-€106,170▼ €24,953
€427,675▲ 1.5%
peak 1.8 FTE (2018)
-not published
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
06-01-202625 days before the deadline
2025financial year
Gross margin from €104,958 to -€21,312Loss of €24,954Equity from -€81,217 to -€106,170

Key points

from the 2025 annual accounts

Equity

-€106,170
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

-€24,954 -€24,954
€97,5002024-€25,0002025

From profit to loss in 2025, after a profit of €97,506 in 2024.

Debts

€427,675 133% of the balance sheet
Suppliers 37%Taxes and wages 0%Other 62%

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,792 companies had the same profile as KAR has now. Each dot stands for 7 companies, two years later.

90.4%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,792 companies, not a prediction for KAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0472612011
Reappointments: (director) and (director) Director discharge: · Director discharge: · General meeting of 23-02-2023 · Gazette deed
New establishment in Zaventem Machelen-Cargo (Brucargo) 705
First establishment Eugène Toussaintstraat 139, Jette
All 38 events

Comparable companies

same main activity, similar in size and age
Company
KAR Jette €321,505 -€21,312 -33.0% -
MADAFRICA Brussels €276,051 -€12,977 -36.4% -
PAXARA Uccle €267,886 -€1,604 85.7% -
GROEP MATRASSENHUIS Diksmuide €271,067 -€72,034 52.1% -
BELGIAN ART COMPANY Ghent €275,435 -€7,744 59.1% -
PALINCK Kontich €260,580 €348 46.7% -
SPACE JAPAN Ixelles €354,578 -€8,354 -14.4% -

These companies have the same main activity as KAR: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €261,000 and €355,000, founded between 1991 and 2002.

Official details

Source: KBO
Status
Active since 21-08-2000Normal situation
Activity
Agents in non-specialised wholesale tradeNACE 46190and 1 other
Establishment units
2.096.754.6711090 Jette, since 05-10-2000
2.223.198.9231931 Zaventem, since 01-10-2012
Financial year end
30 June
Peppol
Reachable since 06-01-2026
Company details

Annual accounts to 30-06-2025

€321,505▼ 5.5%
Filing
Filed on 06-01-2026, 25 days before the end of the filing period
Financials

Insights on KAR

Solvency fell in 2025 from -23.9% to -33.0% because of the loss and higher debts to suppliers.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KAR

What is the company number of KAR?
The company number of KAR is 0472.612.011. The VAT number is the same number with BE in front: BE 0472.612.011.
Where is KAR based?
The registered office is at Eugène Toussaintstraat 139, 1090 Jette.Company details
What does KAR do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of KAR?
KAR is a private limited company (BV).
When was KAR founded?
KAR was founded on 21-08-2000.
Is KAR still active?
Yes, KAR is an active enterprise in the KBO register.
How many employees does KAR have?
KAR had an average of 1.1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of KAR?
The annual accounts for financial year 2025 state no turnover.
Is KAR profitable?
In financial year 2025, KAR made a loss of €24,954.
Where can I find the annual accounts of KAR?
KAR filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KAR due?
KAR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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