KARA
ActiveSummary
The computed 12-month bankruptcy probability of KARA is 5.7% (elevated). The 2025 annual accounts show negative equity (-€8,223) and a net result of -€8,195. Equity is shrinking by about 30% per year across the filed financial years. Its solvency ranks better than 9% of 2,387 sector peers (NACE 49, financial year 2025). The company has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Commerce en textile,vêtements,tapis et revêtement de mur et de sol,tissus,la confection et chaussures,alimentation,articles de ménage et…” (deed in French)
3 activities (deed in French)
- Commerce en textile,vêtements,tapis et revêtement de mur et de sol,tissus,la confection et chaussures,alimentation,articles de ménage et articles cadeau,meubles divers,appareils électriques,électroniques et accessoires,bandes 'magnétiques
- Entreprise de taxis,entreprise de louage de tous véhicules automobiles,camions,camionnettes,avec ou sans chauffeur,entretien et réparation de tous véhicules automobiles,camions et camionnettes
- S'intéresser aussi bien en Belgique qu'à l'étranger par toutes voies,dans toutes affaires,entreprises ou sociétés ayant un objet identique,analogue ou connexe ou qui soient de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l'écoulement de ses produits et même fusionner avec
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- KARA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée, organe d’administration” (deed in French)“Administrateur, frais représentation,voyages,déplacements en sus” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Actions restantes offertes par priorité aux actionnaires ayant exercé totalité droit préférence jusqu’à émission entièrement souscrite ou…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 30 June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et moment, administrateurs en fonction” (deed in French)“Biens conservés remis même proportion, actif net entre actionnaires en proportion actions” (deed in French)