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Karakaya Group

Active
Private limited companyfounded 2025active for 1 yearRechtstro 28, 9185 Lochristi, BelgiumKBO/BCE: BE 1023.642.186

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Karakaya Group is 4.4% (elevated). The 2025 annual accounts show negative equity (-€6,063) and a net result of -€7,063. Its solvency ranks better than 9% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 23-05-2025 Normal situation
Legal form
Private limited company
Registered office
Rechtstro 28, 9185 Lochristi
Activity
General electrical installation work NACE 43211and 2 others
Establishment unit
2.376.100.221 9185 Lochristi, since 23-05-2025
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Board and ownership

Board

Financial position

35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.4%
Annual accounts 2025
Gross margin
-€3,037
Loss
€7,063
Equity
-€6,063
Total assets
€114,221
Turnover not published (micro format)2025 accounts filed 34 days after the deadline
Filed on 03-09-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 0.88, cash €9Founded in 2025Sector: Specialised construction activities (NACE 43)Last filed accounts filed 34 days late; 1 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 9% of micro companies in specialised construction (NACE 43)
Financial strength
Weak
Solvency 20
equity -5.3% of total assets
Liquidity 16
short-term debt 65.0% · cash 0.0%
Profitability 11
return on assets -6.2%
Bankruptcy probability within 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 06-2026: 1.9%lowest value 07-2026: 1.9%● unchanged vs 06-2026lowest value 08-2026: 2.0%▲ +0.1 percentage points vs 07-2026 09-2026: 2.3%▲ +0.3 percentage points vs 08-2026 10-2026: 4.4%▲ +2.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.88, below 1. Short-term debt is 65% and cash 0% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 7% of them on solvency, 9% on liquidity and 12% on profitability.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · Liquidity: current ratio 0.88, cash €9
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Last filed accounts filed 34 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · 2025 accounts filed 34 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
34 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€6,063 View
  • Caution: Less equity than 92% of companies in specialised constructionsector median €57,811 · 34,914 companies -€6,063 View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Karakaya Group

What is the company number of Karakaya Group?
The company number of Karakaya Group is 1023.642.186. The VAT number is the same number with BE in front: BE 1023.642.186.
Where is Karakaya Group based?
The registered office is at Rechtstro 28, 9185 Lochristi.Company details
What does Karakaya Group do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Karakaya Group?
The legal form of Karakaya Group is Private limited company (BV).
When was Karakaya Group founded?
Karakaya Group was founded on 23-05-2025.
Is Karakaya Group still active?
Yes, Karakaya Group is an active enterprise in the KBO register.
What is the turnover of Karakaya Group?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Karakaya Group profitable?
In financial year 2025, Karakaya Group made a loss of €7,063.
Where can I find the annual accounts of Karakaya Group?
Karakaya Group filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts at the National Bank

Comparable companies

These companies have the same main activity as Karakaya Group: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €62,300 and €147,000, founded between 2023 and 2025.

CompanyTotal assetsGross margin
Karakaya Group Lochristi€114,221-€3,037
JBJ Group Aalst€93,987-€5,100
GS Drankenhandel Schoten€86,443-€10,112
COMFORTBEL Asse€94,077-€49,997
Water Solutions Zwevegem€147,445-€16,948
LEC ELEC Hamois€92,294-€18,319
AFL Solutions Fernelmont€62,319-€6,437
Full comparison

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