KAR&VAL
ActiveThe computed 12-month bankruptcy probability of KAR&VAL is 2.0% (moderate). The 2025 annual accounts show equity of €20k and a net result of €1k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 7293 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
79
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-21
Solvency61▲+18
Growth45▼-7
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.43 in 2024), and 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 24-04-2026, 55 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 · 5 filingsDeviation from the deadline
2025
55 d late
2024
1 d late
2023
4 d late
2022
1 d early
2021
132 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close12-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€68k▼ 19.7%
2024 · €85k
2021: €72k
2022: €139k
2023: €105k
2024: €85k
2021 → 2025
EBIT margin
2.8%▼ 2.3pp
2024 · 5.1%
2021: 6.6%
2022: 5.6%
2023: 4.7%
2024: 5.1%
2021 → 2025
Net result
€1k▼ 58.6%
2024 · €3k
2021: €4k
2022: €6k
2023: €4k
2024: €3k
2021 → 2025
Working capital
€16k▼ 20.3%
2024 · €20k
2021: €6k
2022: €11k
2023: €16k
2024: €20k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€72k-€139k▲ 92.8%€105k▼ 24.5%€85k▼ 18.8%€68k▼ 19.7%
Equity€6k-€12k▲ 104%€16k▲ 32.8%€19k▲ 20.3%€20k▲ 7.0%
Operating result€5k-€8k▲ 61.9%€5k▼ 36.9%€4k▼ 11.7%€2k▼ 56.3%
Net result€4k-€6k▲ 60.4%€4k▼ 35.8%€3k▼ 17.7%€1k▼ 58.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 56% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€7k▼ 52.2%
Current assets
€54k▼ 17.8%
Equity and liabilities €61k
Equity
€20k▲ 7.0%
Debt
€41k▼ 33.3%
The debt ratio falls from 76.7% to 67.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€9k▼
2024 · €12k
Cash flow
€9k▼
2024 · €11k
Solvency
32.8%▲
2024 · 23.3%
Current ratio
1.41▼
2024 · 1.43
Quick ratio
1.41▼
2024 · 1.43
Debt / equity
2.05▼
2024 · 3.29
ROE
6.5%▼
2024 · 16.9%
ROA
2.1%▼
2024 · 3.9%
Interest coverage
58.97▲
2024 · 38.96
Debt
€41k▼
2024 · €61k
Debt ≤ 1 year
€38k▼
2024 · €46k
Debt > 1 year
€3k▼
2024 · €15k
Income taxes
€418▼
2024 · €856
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€80k€61k▼
Fixed assets21/28€14k€7k▼
Tangible fixed assets22/27€14k€7k▼
Furniture and vehicles24€14k€7k▼
Current assets29/58€66k€54k▼
Amounts receivable within one year40/41€48k€52k▲
Trade receivables40€48k€51k▲
Other amounts receivable41€649€1k▲
Cash at bank and in hand54/58€18k€3k▼
Equity and liabilities
Total equity and liabilities10/49€80k€61k▼
Equity10/15€19k€20k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€17k€18k▲
Amounts payable17/49€61k€41k▼
Amounts payable after more than one year17€15k€3k▼
Financial debts170/4€15k€3k▼
Amounts payable within one year42/48€46k€38k▼
Current portion of amounts payable after more than one year42-€6k
Trade debts44€33k€20k▼
Suppliers440/4€2k€6k▲
Bills of exchange payable441€31k€14k▼
Taxes, remuneration and social security45€856€418▼
Taxes450/3€856€418▼
Other amounts payable47/48€12k€12k▼
Income statement
Code20242025
Turnover70€85k€68k▼
Goods, raw materials, services and sundry goods60/61€73k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8-€2k
Gross operating margin9900€12k€11k▼
Operating profit (loss)9901€4k€2k▼
Financial income75/76B€637-
Recurring financial income75€637-
Non-recurring financial income76B€637-
Financial charges65/66B€937€157▼
Recurring financial charges65€300€157▼
Non-recurring financial charges66B€637-
Profit (loss) for the period before taxes9903€4k€2k▼
Income taxes67/77€856€418▼
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€18k▲
Profit (loss) brought forward from the previous period14P€14k€17k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 55 days late
2025
31-07
Financial
Weakest financial yearnet €1k ▼58.6%
Net result drops to €1k, the lowest in the series.
01-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
2023
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-07
Financial
Highest result since 2021net €6k ▲60.4%
Operating result €8k, net result €6k, both a record.
2021
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Houthalen-Helchteren · 1 establishment unit since 2020
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.
Varenstraat 223530 Houthalen-HelchterenGround area
5,514 m²
Building footprint
2,376 m²
Volume, LiDAR
416 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KAR&VAL SRL
since 20202.300.235.828
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0132/00G006 | Flanders | 4,983 m² | 1 · 2,316 m² | - |
| 72453F0696/00T005 | Flanders | 532 m² | 1 · 59 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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OKASI CONSTRUCT
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 11,402 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-2020
Fiscal year end31-07
Activities, NACEBEL
41001General construction of residential buildings
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.