KARACA 76
BankruptcySummary
The KBO register records for KARACA 76 the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €131k and a net result of €8k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-06-2021, 36 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
36 d early
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€131k▲ 6.2%
2019 · €124k
2018: €107klowest in 3 years
2019: €124k▲ +15.1% vs 2018
2020: €131k▲ +6.2% vs 2019highest in 3 years
2018 → 2020
Total assets
€218k▼ 23.1%
2019 · €283k
2018: €177klowest in 3 years
2019: €283k▲ +59.6% vs 2018highest in 3 years
2020: €218k▼ -23.1% vs 2019
2018 → 2020
Net result
€8k▼ 53.0%
2019 · €16k
2018: €38khighest in 3 years
2019: €16k▼ -57.3% vs 2018
2020: €8k▼ -53.0% vs 2019lowest in 3 years
2018 → 2020
Working capital
€135k▲ 3.4%
2019 · €131k
2018: €118klowest in 3 years
2019: €131k▲ +11.3% vs 2018
2020: €135k▲ +3.4% vs 2019highest in 3 years
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€107k-€124k▲ 15.1%€131k▲ 6.2%
2018: €107klowest in 3 years
2019: €124k▲ +15.1% vs 2018
2020: €131k▲ +6.2% vs 2019highest in 3 years
Operating result€73k-€37k▼ 49.8%€29k▼ 21.4%
2018: €73khighest in 3 years
2019: €37k▼ -49.8% vs 2018
2020: €29k▼ -21.4% vs 2019lowest in 3 years
Net result€38k-€16k▼ 57.3%€8k▼ 53.0%
2018: €38khighest in 3 years
2019: €16k▼ -57.3% vs 2018
2020: €8k▼ -53.0% vs 2019lowest in 3 years
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 two years in a row; 2020 is 21% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €218k
Fixed assets
€400 =
Current assets
€217k ▼ 23.2%
Equity and liabilities €218k
Equity
€131k ▲ 6.2%
Debt
€87k ▼ 45.8%
Debt's share of the balance-sheet total falls from 56.4% to 39.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.66▲
2019 · 1.86
Debt to equity
0.04▼
2019 · 0.06
ROE
5.8%▼
2019 · 13.1%
ROA
3.5%▼
2019 · 5.7%
Debt ≤ 1 year
€82k▼
2019 · €152k
Debt > 1 year
€5k▼
2019 · €8k
Income taxes
€10k▼
2019 · €15k
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 · 2020 against 2019 · 23 lines
Balance sheet
Code20192020
Assets
Total assets20/58€283k€218k▼
Fixed assets21/28€400€400=
Financial fixed assets28€400€400=
Current assets29/58€283k€217k▼
Amounts receivable within one year40/41€258k€195k▼
Cash at bank and in hand54/58€25k€23k▼
Equity and liabilities
Total equity and liabilities10/49€283k€218k▼
Equity10/15€124k€131k▲
Contributions10/11€6k-
Reserves13€2k€2k=
Profit (loss) carried forward14€115k€123k▲
Amounts payable17/49€160k€87k▼
Amounts payable after more than one year17€8k€5k▼
Amounts payable within one year42/48€152k€82k▼
Trade debts44€36k-
Income statement
Code20192020
Gross operating margin9900€166k€92k▼
Operating profit (loss)9901€37k€29k▼
Recurring financial income75€0€1▲
Recurring financial charges65€7k€12k▲
Profit (loss) for the period before taxes9903€31k€17k▼
Income taxes67/77€15k€10k▼
Profit (loss) for the period9904€16k€8k▼
Profit (loss) for the period to be appropriated9905€16k€8k▼
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | - | - | - |
| Gross operating margin9900 | €130k | €166k | €92k | ▼ 44.8% |
| Operating profit (loss)9901 | €73k | €37k | €29k | ▼ 21.4% |
| Recurring financial income75 | €76 | €0 | €1 | ▲ 4,400% |
| Recurring financial charges65 | €7k | €7k | €12k | ▲ 76.4% |
| Profit (loss) for the period before taxes9903 | €61k | €31k | €17k | ▼ 43.3% |
| Income taxes67/77 | €23k | €15k | €10k | ▼ 32.6% |
| Profit (loss) for the period9904 | €38k | €16k | €8k | ▼ 53.0% |
| Profit (loss) for the period to be appropriated9905 | €38k | €16k | €8k | ▼ 53.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €177k | €283k | €218k | ▼ 23.1% |
| Fixed assets21/28 | €400 | €400 | €400 | = |
| Financial fixed assets28 | €400 | €400 | €400 | = |
| Current assets29/58 | €177k | €283k | €217k | ▼ 23.2% |
| Amounts receivable within one year40/41 | €160k | €258k | €195k | ▼ 24.6% |
| Cash at bank and in hand54/58 | €17k | €25k | €23k | ▼ 8.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €177k | €283k | €218k | ▼ 23.1% |
| Equity10/15 | €107k | €124k | €131k | ▲ 6.2% |
| Contributions10/11 | €6k | €6k | - | - |
| Reserves13 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €99k | €115k | €123k | ▲ 6.6% |
| Amounts payable17/49 | €70k | €160k | €87k | ▼ 45.8% |
| Amounts payable after more than one year17 | €11k | €8k | €5k | ▼ 40.3% |
| Amounts payable within one year42/48 | €59k | €152k | €82k | ▼ 46.1% |
| Trade debts44 | - | €36k | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €16k | €8k | ▼ 53.0% |
| + Depreciation and write-downs630 | €6k | - | - | - |
| Operating cash flow (approximation) | €44k | €16k | €8k | ▼ 53.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €7k | €-2k | ▼ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €8k ▼53%
Net result drops to €8k, the lowest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Hasselt · 1 establishment unit since 2014
Ground area
6,122 m²
Parcel 71323C0155/00H002, Flanders. Linked by address, not a title deed.
1 establishment unit
KARACA 76
since 20142.232.654.443
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0155/00H002 | Flanders | 6,122 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 338 EUR awarded · 338 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 338 EUR | 338 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 71 companies in sector 10920 we hold annual accounts for 33. 14 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 (pre-2019)
Founded10-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
10920Manufacture of food products
10111Manufacture of food products
10130Manufacture of food products
Contact
E-mail
gullie.karaca@telenet.beHasselt
Phone
0477/770999Hasselt
Scores and ratios are computed by Checked and are not a credit decision.