KARAKORUM
KARAKORUM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-123k) and a net result of €-11k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 37979 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €-123k |
| Net result | €-11k |
| Better than sector | 5% |
| Active | 19 yrs |
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -250.1% | 58.2% | |
| Net result | €-11k | €26k | |
| Equity | €-123k | €90k | |
| Gross operating margin | €-4k | €52k | |
| Total assets | €49k | €189k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €-4k | €-8k | €41k | - |
| Net profit | €-11k | €-15k | €35k | €13k |
| Cash flow | €-6k | €-9k | €39k | - |
| Staff costs | - | - | - | - |
| Income taxes | €215 | €107 | - | - |
| Dividends | - | - | - | - |
| Total assets | €49k | €54k | €69k | €97 |
| Equity | €-123k | €-112k | €-97k | €-132k |
| Debt | €172k | €166k | €167k | €132k |
| of which ≤ 1y | €172k | €165k | €158k | €132k |
| of which > 1y | - | €2k | €9k | - |
| Working capital | - | - | €-148k | - |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | - | - | 0.06 | - |
| Quick ratio | - | - | 0.06 | - |
| Working capital ratio | - | - | -213.4% | - |
| Solvency | -250.1% | -205.5% | -140.2% | -135922.9% |
| Debt / equity | -1.40 | -1.49 | -1.71 | -1.00 |
| Long-term debt ratio | - | -0.02 | -0.09 | - |
| Interest coverage | -1.91 | -6.43 | 25.60 | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -22.9% | -26.7% | 50.4% | 13355.9% |
| ROE | 9.2% | 13.0% | -36.0% | -9.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €49k | €54k | €69k | €97 |
| Fixed assets | 21/28 | €49k | €54k | €60k | €97 |
| Tangible fixed assets | 22/27 | €49k | €54k | €60k | - |
| Financial fixed assets | 28 | - | - | €97 | €97 |
| Current assets | 29/58 | - | - | €10k | - |
| Cash & bank | 54/58 | - | - | €10k | - |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €49k | €54k | €69k | €97 |
| Equity | 10/15 | €-123k | €-112k | €-97k | €-132k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €-144k | €-132k | €-118k | €-153k |
| Amounts payable | 17/49 | €172k | €166k | €167k | €132k |
| Amounts payable after one year | 17 | - | €2k | €9k | - |
| Amounts payable within one year | 42/48 | €172k | €165k | €158k | €132k |
| Trade debts payable within one year | 44 | €2k | €672 | €1k | €2k |
| Income statement | |||||
| Gross operating margin | 9900 | €-4k | €-7k | €42k | €14k |
| Operating result | 9901 | €-9k | €-13k | €37k | €13k |
| Financial charges | 65 | €2k | €1k | €2k | €388 |
| Result before taxes | 9903 | €-11k | €-14k | €35k | €13k |
| Income taxes | 67/77 | €215 | €107 | - | - |
| Net result for the period | 9904 | €-11k | €-15k | €35k | €13k |
| Result to be appropriated | 9905 | €-11k | €-15k | €35k | €13k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 16-01-2007 |
| Status | Active |
| Postal code | 1200 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25036B0838/00D000 | Wallonia | 2,354 m² | 1 · 245 m² | 8.0 m · 2 fl. |
| 21673D0149/00Z014 | Brussels | 249 m² | 1 · 117 m² | 14.3 m · 4 fl. |
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.
13-10-2025 Registered office moved from Ramillies to Woluwe-Saint-Lambert
- Rue des Bourlottes 22, 1367 Ramillies → Rue Bois de Linthout 54, 1200 Woluwe-Saint-Lambert
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Woluwe-Saint-Lambert",
"region": "Brussels Gewest",
"street": "Rue Bois de Linthout",
"country": "BE",
"postcode": "1200",
"box_number": null,
"street_number": "54"
},
"old_address": {
"city": "Ramillies",
"region": "Waals",
"street": "Rue des Bourlottes",
"country": "BE",
"postcode": "1367",
"box_number": null,
"street_number": "22"
},
"effective_date": "2025-09-02",
"evidence_quote": "A l\u0027unanimit\u00E9, l\u0027assembl\u00E9e d\u00E9cide du transfert du si\u00E8ge Rue Bois de Linthout 54 \u00E0 1200 Woluw\u00E9-Saint- Lambert avec effet ce jour"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0886.457.264",
"name_full": "KARAKORUM",
"legal_form": "SRL"
}
}25-10-2024 Registered office moved from Ixelles to Grand-Rosière-Hottomont
- Rue Victor Greyson 35, 1050 Ixelles → Rue des Bourlottes 22, 1367 Grand-Rosière-Hottomont
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Grand-Rosi\u00E8re-Hottomont",
"region": null,
"street": "Rue des Bourlottes",
"country": "BE",
"postcode": "1367",
"box_number": null,
"street_number": "22"
},
"old_address": {
"city": "Ixelles",
"region": null,
"street": "Rue Victor Greyson",
"country": "BE",
"postcode": "1050",
"box_number": "4",
"street_number": "35"
},
"effective_date": "2024-09-02",
"evidence_quote": "A l\u0027unanimit\u00E9, l\u0027assembl\u00E9e d\u00E9cide du transfert du si\u00E8ge Rue des Bourlottes 22 \u00E0 1367 Grand-Rosi\u00E8re-Hottomont, avec effet ce jour."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0886.457.264",
"name_full": "KARAKORUM",
"legal_form": "SPRL"
}
}14-09-2022 Registered office moved from Rixensart to Ixelles
- Place Communale 49, 1332 Rixensart → rue Victor Greyson 35, 1050 Ixelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Ixelles",
"region": "Brussels Gewest",
"street": "rue Victor Greyson",
"country": "BE",
"postcode": "1050",
"box_number": "4",
"street_number": "35"
},
"old_address": {
"city": "Rixensart",
"region": "Vlaams Gewest",
"street": "Place Communale",
"country": "BE",
"postcode": "1332",
"box_number": null,
"street_number": "49"
},
"effective_date": "2022-09-05",
"evidence_quote": "A l\u0027unanimit\u00E9, l\u0027assembl\u00E9e d\u00E9cide du transfert du si\u00E8ge rue Victor Greyson 35 -1\u00BA \u00E9tage - boite 4- 1050 Ixelles, avec effet ce jour."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0886.457.264",
"name_full": "KARAKORUM",
"legal_form": "SPRL"
}
}20-12-2010 Registered office moved from BRUXELLES to RIXENSART
- avenue Louise 129, 1050 BRUXELLES → Place Communale 49, 1332 RIXENSART
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "RIXENSART",
"region": "Brussels Gewest",
"street": "Place Communale",
"country": "BE",
"postcode": "1332",
"box_number": null,
"street_number": "49"
},
"old_address": {
"city": "BRUXELLES",
"region": "Brussels Gewest",
"street": "avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": "3",
"street_number": "129"
},
"effective_date": "2010-11-25T00:00:00",
"evidence_quote": "Par d\u00E9cision de la g\u00E9rance, en fonction de l\u0027article deux des statuts, le si\u00E8ge social est transf\u00E9r\u00E9 Place Communale 49 \u00E0 1332 GENVAL RIXENSART et avec effet au 25 novembre 2010 \u00E0 minuit."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0886.457.264",
"name_full": "KARAKORUM",
"legal_form": "SPRL"
}
}| Legal nameFR | KARAKORUM |