KARA EXPRESS

Active

Private limited companyfounded 20197 yrs activeJozef De Keyzerstraat 8, 1970 Wezembeek-Oppem, BelgiumKBO/BCE: BE 0732.607.544

The computed 12-month bankruptcy probability of KARA EXPRESS is 2.6% (moderate). The annual accounts of KARA EXPRESS for fiscal year 2024 show a net loss of 69% of the equity at the start of that year. The 2024 annual accounts show equity of €27k and a net result of €-58k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 36% of 26043 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

41 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-40

Solvency42▼-14

Growth32▼-20

Track record100

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k 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 tight (current ratio 1.32 against 1.99 in 2023; short-term debt: 65.4% and cash: 41.6% of total assets), and 83.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

16.9%

Return on assets

-36.9%

Age of the figures

24 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts not filed

The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 145 days later.

NBB · 5 filings

Position against the passed deadline

30-09-2025 close30-04-2026 deadline22-09-2026 today

Filed after the deadline

The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 04-05-2025, 4 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 filings

Deviation from the deadline

2025

not filed

2024

4 d late

2023

6 d late

2022

10 d late

2021

4 d late

2020

4 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€27k▼ 68.6%

2023 · €85k

2020: €59k 2021: €80k 2022: €79k 2023: €85k

2020 → 2024

Total assets

€158k▼ 41.9%

2023 · €272k

2020: €269k 2021: €282k 2022: €302k 2023: €272k

2020 → 2024

Net result

€-58k

2023 · €6k

2020: €29k 2021: €21k 2022: €-1k 2023: €6k

2020 → 2024

Working capital

€34k▼ 74.2%

2023 · €130k

2020: €68k 2021: €98k 2022: €153k 2023: €130k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€59k-€80k▲ 35.0%€79k▼ 1.6%€85k▲ 8.3%€27k▼ 68.6%

Operating result€44k-€35k▼ 21.6%€6k▼ 81.8%€15k▲ 141%€-38k

Net result€29k-€21k▼ 29.0%€-1k€6k€-58k

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 €38k after €15k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €158k

13.4%

86.6%

Fixed assets €21k▲ 112%

Current assets €137k▼ 47.8%

Equity and liabilities €158k

16.9%

83.1%

Equity €27k▼ 68.6%

Debt €131k▼ 29.8%

The debt ratio rises from 68.8% to 83.1%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-35k▼

2023 · €16k

Cash flow

€-55k▼

2023 · €7k

Solvency

16.9%▼

2023 · 31.2%

Current ratio

1.32▼

2023 · 1.99

Quick ratio

0.68▼

2023 · 1.48

Debt / equity

4.93▲

2023 · 2.20

ROE

-218.6%▼

2023 · 7.6%

ROA

-36.9%▼

2023 · 2.4%

Interest coverage

-6.56▼

2023 · 2.13

Debt

€131k▼

2023 · €187k

Debt ≤ 1 year

€103k▼

2023 · €132k

Debt > 1 year

€28k▼

2023 · €49k

Income taxes

€533▼

2023 · €3k

Staff costs

€75k▲

2023 · €73k

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€272k€158k▼

Fixed assets21/28€10k€21k▲

Tangible fixed assets22/27€10k€21k▲

Plant, machinery and equipment23€10k€14k▲

Other tangible fixed assets26-€7k

Current assets29/58€262k€137k▼

Stocks and contracts in progress3€68k€66k▼

Stocks30/36€68k€66k▼

Amounts receivable within one year40/41€32k€5k▼

Other amounts receivable41€32k€5k▼

Cash at bank and in hand54/58€154k€66k▼

Deferred charges and accrued income490/1€9k-

Equity and liabilities

Total equity and liabilities10/49€272k€158k▼

Equity10/15€85k€27k▼

Contributions10/11€30k€30k=

Profit (loss) carried forward14€55k€-3k▼

Amounts payable17/49€187k€131k▼

Amounts payable after more than one year17€49k€28k▼

Financial debts170/4€49k€28k▼

Amounts payable within one year42/48€132k€103k▼

Current portion of amounts payable after more than one year42€17k€19k▲

Trade debts44€103k€66k▼

Suppliers440/4€103k€66k▼

Taxes, remuneration and social security45€11k€9k▼

Taxes450/3€3k€533▼

Remuneration and social security454/9€8k€8k▲

Other amounts payable47/48€522€10k▲

Accrued charges and deferred income492/3€7k-

Income statement Code20232024

Remuneration, social security and pensions62€73k€75k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€459€3k▲

Other operating charges640/8€1k€16k▲

Gross operating margin9900€90k€57k▼

Operating profit (loss)9901€15k€-38k▼

Financial income75/76B€1k€468▼

Recurring financial income75€1k€468▼

Financial charges65/66B€7k€20k▲

Recurring financial charges65€7k€5k▼

Non-recurring financial charges66B-€15k

Profit (loss) for the period before taxes9903€9k€-58k▼

Income taxes67/77€3k€533▼

Profit (loss) for the period9904€6k€-58k▼

Profit (loss) for the period to be appropriated9905€6k€-58k▼

Appropriation of the result

Profit (loss) to be appropriated9906€55k€-3k▼

Profit (loss) brought forward from the previous period14P€49k€55k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

2025

04-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 4 days late

2024

30-09

Financial Weakest financial yearnet €-58k ▼999%

Net result drops to €-58k, the lowest in the series.

06-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 6 days late

2023

30-09

Financial Back to profitnet €6k

Net result €6k after one loss-making year.

10-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 10 days late

2022

04-05

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 4 days late

2021

26-04

NBB filing Annual accounts filed

fiscal year 2020 · 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, Wezembeek-Oppem · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Jozef De Keyzerstraat 81970 Wezembeek-Oppem

Ground area

2.7 ha

Building footprint

537 m²

Volume, LiDAR

1,676 m³

Parcel 22006B0516/00A000, Flanders · tallest building 13.7 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

KARA EXPRESS

Jozef De Keyzerstraat 8, 1970 Wezembeek-OppemRetail trade

since 20192.292.135.437

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
22006B0516/00A000	Flanders	2.7 ha	1 · 537 m²	13.7 m · 1 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.

Similar companies · same sector, comparable size

Sint-Lambrechts-Woluwe · Eq €27k

EESA COMPANY

BE 0786.433.636

Saint-Ghislain · Eq €27k

Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,361 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded14-08-2019

Fiscal year end30-09

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47113Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 5 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.

Contact details

1 entry

E-mail:emrekara10@hotmail.com

Enterprise