KARA & ZONEN
ActiveSummary
The computed 12-month bankruptcy probability of KARA & ZONEN is 1.8% (moderate). For KARA & ZONEN, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €93k and a net result of €-27k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 6844 sector peers (fiscal year 2021). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0▼-38
Solvency100▲+30
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 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 2021Solvency, return and age of the figures
Solvency
75.4%
Return on assets
-22.1%
Age of the figures
57 mo
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-12-2022, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
153 d late
2020
153 d late
2018
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€93k▼ 22.7%
2020 · €121k
2018: €107k
2020: €121k
2018 → 2021
Total assets
€124k▼ 53.6%
2020 · €267k
2018: €126k
2020: €267k
2018 → 2021
Net result
€-27k
2020 · €377
2018: €8k
2020: €377
2018 → 2021
Working capital
€82k▼ 29.7%
2020 · €117k
2018: €107k
2020: €117k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820202021Trend
Equity€107k-€121k▲ 13.1%€93k▼ 22.7%
Operating result€11k-€849▼ 92.4%€-27k
Net result€8k-€377▼ 95.5%€-27k
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 2021: a loss of €27k after €849 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €124k
Fixed assets
€11k ▼ 35.4%
Current assets
€113k ▼ 54.8%
Equity and liabilities €124k
Equity
€93k ▼ 22.7%
Debt
€31k ▼ 79.1%
Debt's share of the balance-sheet total falls from 54.8% to 24.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-21k▼
2020 · €8k
Cash flow
€-21k▼
2020 · €7k
Current ratio
3.70▲
2020 · 1.88
Debt to equity
0.33▲
2020 · 0.11
ROE
-29.3%▼
2020 · 0.3%
ROA
-22.1%▼
2020 · 0.1%
Interest coverage
-35.33
Debt ≤ 1 year
€31k▼
2020 · €133k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 39 lines
Balance sheet
Code20202021
Assets
Total assets20/58€267k€124k▼
Fixed assets21/28€17k€11k▼
Tangible fixed assets22/27€17k€11k▼
Furniture and vehicles24-€11k
Current assets29/58€250k€113k▼
Amounts receivable within one year40/41€187k€102k▼
Trade receivables40-€2k
Other amounts receivable41-€100k
Cash at bank and in hand54/58€63k€11k▼
Equity and liabilities
Total equity and liabilities10/49€267k€124k▼
Equity10/15€121k€93k▼
Contributions10/11€6k€6k=
Capital10-€6k
Issued capital100-€19k
Uncalled capital101-€12k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€113k€85k▼
Amounts payable17/49€146k€31k▼
Amounts payable after more than one year17€13k-
Amounts payable within one year42/48€133k€31k▼
Current portion of amounts payable after more than one year42-€6k
Trade debts44€81k€19k▼
Suppliers440/4-€19k
Taxes, remuneration and social security45-€6k
Taxes450/3-€6k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8-€2k
Gross operating margin9900€9k€-18k▼
Operating profit (loss)9901€849€-27k▼
Financial charges65/66B-€588
Recurring financial charges65€347€588▲
Profit (loss) for the period before taxes9903€502€-27k▼
Income taxes67/77€125-
Profit (loss) for the period9904€377€-27k▼
Profit (loss) for the period to be appropriated9905€377€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€85k
Profit (loss) brought forward from the previous period14P-€113k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-12
Financial
Weakest financial yearnet €-27k ▼7344%
Net result drops to €-27k, the lowest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 141 days late
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 506 days late
19-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 871 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
2013
30-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 61 days late
2011
13-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 317 days late
02-05
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Gent · 1 establishment unit since 2005
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.
Wittemolenstraat 669040 GentGround area
102 m²
Building footprint
92 m²
Volume, LiDAR
745 m³
Parcel 44432C0908/00M007, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KARA & ZONEN
since 20052.147.828.141
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0908/00M007 | Flanders | 102 m² | 1 · 92 m² | 12.2 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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BOUWBEDRIJF GEVACO
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.