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KARA GROUP

Active
Private limited companyfounded 20206 yrs activeRue Tout-y-Faut(H-G) 91, 7110 La Louvière, BelgiumKBO/BCE: BE 0751.528.581
Summary

The computed 12-month bankruptcy probability of KARA GROUP is 2.7% (moderate). The 2025 annual accounts show equity of €36,756 and a net result of €52,392. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 4735 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
Axes · tick = 2024
Profitability100▲+27
Solvency56▼-25
Growth78=
Track record100
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.58 in 2024; short-term debt: 68.6% and cash: 49.9% of total assets), and 68.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
31.4%
Return on assets
44.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
28 d early
2024
30 d early
2023
33 d early
2022
50 d late
2021
67 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 July (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 28 July 2020, KARA GROUP was incorporated as a Private limited company.1 Total assets went from EUR 16,651 in 2021 to EUR 117,188 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€36,756▼ 8.9%
2024 · €40,365
Total assets
€117,188▲ 63.7%
2024 · €71,572
Net result
€52,392▲ 1,887%
2024 · €2,637
Working capital
€3,950▼ 78.3%
2024 · €18,183
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€3,997-€1,485€20,489▲ 1,280%€2,797▼ 86.3%€80,363▲ 2,773%
Net result-€4,075below the sector's middle half-€1,485within the sector's middle half€20,318within the sector's middle half▲ 1,269%€2,637within the sector's middle half▼ 87.0%€52,392above the sector's middle half▲ 1,887%
Equity€15,925within the sector's middle half-€17,409within the sector's middle half▲ 9.3%€37,727within the sector's middle half▲ 117%€40,365within the sector's middle half▲ 7.0%€36,756within the sector's middle half▼ 8.9%
Total assets€16,651below the sector's middle half-€19,285below the sector's middle half▲ 15.8%€68,168within the sector's middle half▲ 253%€71,572within the sector's middle half▲ 5.0%€117,188within the sector's middle half▲ 63.7%
Debt€726-€1,876▲ 158%€30,440▲ 1,523%€31,207▲ 2.5%€80,432▲ 158%
Working capital€1,607within the sector's middle half-€1,375within the sector's middle half▼ 14.4%€18,804within the sector's middle half▲ 1,267%€18,183within the sector's middle half▼ 3.3%€3,950within the sector's middle half▼ 78.3%
Solvency95.6%above the sector's middle half-90.3%above the sector's middle half▼ 5.4pp55.3%within the sector's middle half▼ 34.9pp56.4%within the sector's middle half▲ 1.1pp31.4%within the sector's middle half▼ 25.0pp
Current ratio3.21above the sector's middle half-1.73within the sector's middle half▼ 1.481.62within the sector's middle half▼ 0.121.58within the sector's middle half▼ 0.041.05within the sector's middle half▼ 0.53
Return on assets (ROA)-24.5%below the sector's middle half-7.7%within the sector's middle half▲ 32.2pp29.8%above the sector's middle half▲ 22.1pp3.7%within the sector's middle half▼ 26.1pp44.7%above the sector's middle half▲ 41.0pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2021: -€3,997-€3,997Net result 2021: -€4,075-€4,075Operating result 2022: €1,485€1,485Net result 2022: €1,485€1,485Operating result 2023: €20,489€20,489Net result 2023: €20,318€20,318Operating result 2024: €2,797€2,797Net result 2024: €2,637€2,637Operating result 2025: €80,363€80,363Net result 2025: €52,392€52,39220212022202320242025€0€25,000€50,000€75,000Operating result 2023: €20,489€20,500Net result 2023: €20,318€20,300Operating result 2024: €2,797€2,800Net result 2024: €2,637€2,640Operating result 2025: €80,363€80,400Net result 2025: €52,392€52,400202320242025
The operating result recovers in 2025; 2025 is 2,773% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117,188
Fixed assets €32,806 ▲ 47.9%
Current assets €84,382 ▲ 70.8%
Equity and liabilities €117,188
Equity €36,756 ▼ 8.9%
Debt €80,432 ▲ 158%
Debt's share of the balance-sheet total rises from 43.6% to 68.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€86,583▲
2024 · €5,051
Cash flow
€58,611▲
2024 · €4,891
Debt to equity
2.19▲
2024 · 0.77
ROE
142.5%▲
2024 · 6.5%
Interest coverage
37.01▲
2024 · 31.54
Debt ≤ 1 year
€80,432▲
2024 · €31,207
Income taxes
€25,632
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€71,572€117,188▲
Fixed assets21/28€22,182€32,806▲
Tangible fixed assets22/27€2,969€13,593▲
Plant, machinery and equipment23-€1,358
Furniture and vehicles24€2,969€12,236▲
Financial fixed assets28€19,213€19,213=
Current assets29/58€49,391€84,382▲
Amounts receivable within one year40/41€21,497€25,921▲
Trade receivables40€20,523€25,921▲
Other amounts receivable41€974-
Cash at bank and in hand54/58€27,894€58,461▲
Equity and liabilities
Total equity and liabilities10/49€71,572€117,188▲
Equity10/15€40,365€36,756▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14€20,365€16,756▼
Amounts payable17/49€31,207€80,432▲
Amounts payable within one year42/48€31,207€80,432▲
Trade debts44€27,425€39,815▲
Suppliers440/4€27,425€39,815▲
Taxes, remuneration and social security45€3,782€40,131▲
Taxes450/3€3,782€40,131▲
Other amounts payable47/48-€486
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,254€6,220▲
Other operating charges640/8€1,391€1,440▲
Non-recurring operating charges66A€2,173€5,000▲
Gross operating margin9900€8,616€93,022▲
Operating profit (loss)9901€2,797€80,363▲
Financial charges65/66B€160€2,339▲
Recurring financial charges65€160€2,339▲
Profit (loss) for the period before taxes9903€2,637€78,024▲
Income taxes67/77-€25,632
Profit (loss) for the period9904€2,637€52,392▲
Profit (loss) for the period to be appropriated9905€2,637€52,392▲
Appropriation of the result
Profit (loss) to be appropriated9906€20,365€72,756▲
Profit (loss) brought forward from the previous period14P€17,727€20,365▲
Profit to be distributed694/7-€56,000
Return on contributions (dividend)694-€56,000

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

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€833€1,583€1,620€2,254€6,220▲ 176%
Other operating charges640/8€845€42€1,305€1,391€1,440▲ 3.5%
Non-recurring operating charges66A--€1,439€2,173€5,000▲ 130%
Gross operating margin9900-€2,319€3,110€24,853€8,616€93,022▲ 980%
Operating profit (loss)9901-€3,997€1,485€20,489€2,797€80,363▲ 2,773%
Financial charges65/66B€78-€171€160€2,339▲ 1,361%
Recurring financial charges65€78-€171€160€2,339▲ 1,361%
Profit (loss) for the period before taxes9903-€4,075€1,485€20,318€2,637€78,024▲ 2,858%
Income taxes67/77----€25,632-
Profit (loss) for the period9904-€4,075€1,485€20,318€2,637€52,392▲ 1,887%
Profit (loss) for the period to be appropriated9905-€4,075€1,485€20,318€2,637€52,392▲ 1,887%
Line20212022202320242025Change
Assets
Total assets20/58€16,651€19,285€68,168€71,572€117,188▲ 63.7%
Fixed assets21/28€14,317€16,034€18,923€22,182€32,806▲ 47.9%
Tangible fixed assets22/27€3,917€2,334€5,223€2,969€13,593▲ 358%
Plant, machinery and equipment23----€1,358-
Furniture and vehicles24€3,917€2,334€5,223€2,969€12,236▲ 312%
Financial fixed assets28€10,400€13,700€13,700€19,213€19,213=
Current assets29/58€2,333€3,251€49,245€49,391€84,382▲ 70.8%
Amounts receivable within one year40/41€2,003€3,245€44,611€21,497€25,921▲ 20.6%
Trade receivables40€1,191€3,245€44,611€20,523€25,921▲ 26.3%
Other amounts receivable41€812--€974--
Cash at bank and in hand54/58€330€5€4,634€27,894€58,461▲ 110%
Equity and liabilities
Total equity and liabilities10/49€16,651€19,285€68,168€71,572€117,188▲ 63.7%
Equity10/15€15,925€17,409€37,727€40,365€36,756▼ 8.9%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14-€4,075-€2,591€17,727€20,365€16,756▼ 17.7%
Amounts payable17/49€726€1,876€30,440€31,207€80,432▲ 158%
Amounts payable within one year42/48€726€1,876€30,440€31,207€80,432▲ 158%
Trade debts44€726€950€26,718€27,425€39,815▲ 45.2%
Suppliers440/4€726€950€26,718€27,425€39,815▲ 45.2%
Taxes, remuneration and social security45-€926€3,567€3,782€40,131▲ 961%
Taxes450/3-€926€3,567€3,782€40,131▲ 961%
Other amounts payable47/48--€156-€486-
Line20212022202320242025Change
Profit (loss) for the period9904-€4,075€1,485€20,318€2,637€52,392▲ 1,887%
+ Depreciation and write-downs630€833€1,583€1,620€2,254€6,220▲ 176%
Operating cash flow (approximation)-€3,243€3,068€21,938€4,891€58,611▲ 1,098%
Investment in fixed assets (approximation)--€3,300-€4,509-€5,513-€16,844▼ 206%
Change in cash--€324€4,629€23,260€30,568▲ 31.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2021net €52,392 ▲1,887%
Operating result €80,363, net result €52,392, both a record.
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
31-12
Financial Back to profitnet €1,485
Net result €1,485 after one loss-making year.
25-05
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.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, La Louvière · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1.5 ha
Building footprint
4,283 m²
Volume, LiDAR
59,203 m³
Parcel 55020C0051/00K003, Wallonia · tallest building 20.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KARA GROUP
Rue Tout-y-Faut(H-G) 91, 7110 La LouvièreGeneral electrical installation work
since 20202.305.245.184
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55020C0051/00K003 Wallonia 1.5 ha 1 · 4,283 m² 20.0 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
La Louvière2.305.245.184
3 permissions
Vervoer andere dan levensmiddelen · since 02-10-2020
Vervoer kamer t° levensmiddelen · since 02-10-2020
Vervoer van diervoeders · since 02-10-2020

Parcel delivery

Notified to the BIPT
since 01-05-2024

Similar companies · same sector, comparable size

Of 12,582 companies in sector 49410 we hold annual accounts for 8,205. 5,739 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
43211General electrical installation work
46460Wholesale of pharmaceutical and medical goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0751528581
Registered 24-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.