Active BE 0881.802.551Private limited company (pre-2019)Open bankruptcy

KARAKUS

Industrieweg 122 ·9032 Gent, Belgium· 20 yrs active

Sector: Overige posterijen en koeriers (53200)

Conclusion Checked

A bankruptcy procedure is open for KARAKUS according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €78k and a net result of €57k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€78k
Net result	€57k
Staff (FTE)	10.1
Active	20 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

50 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24

Profitability 100

Solvency 48

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

24 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 20-03-2023 with the NBB · fiscal year 2022 · verkort

Operating resultNet result

EBITDA

€28k

-52.6% 19-21

Net profit

€57k

+22.1% 19-21

Cash flow

€69k

-9.4% 19-21

Total assets

€1.78M

+117.1% 19-21

Equity

€78k

+15.4% 19-21

Working capital

€70k

+115.1% 19-21

Employees (FTE)

10

+18.8% 19-21

Income taxes

€4k

-20.6% 19-21

Debt

€1.70M

+126.2% 19-21

Debt ≤ 1y

€1.69M

+147.0% 19-21

Debt > 1y

€15k

-78.4% 19-21

Current ratio

1.04

-0.6% 19-21

Quick ratio

1.04

-0.6% 19-21

Solvency

4.4%

-46.9% 19-21

Debt / equity

0.19

-81.3% 19-21

ROE

73.6%

+5.8% 19-21

ROA

3.2%

-43.8% 19-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	verkort
Revenue	-
EBITDA	€28k
Net profit	€57k
Cash flow	€69k
Staff costs	-
Income taxes	€4k
Dividends	-
Total assets	€1.78M
Equity	€78k
Debt	€1.70M
of which ≤ 1y	€1.69M
of which > 1y	€15k
Working capital	€70k
Employees (FTE)	10.1

Ratios (computed)

	2021
Current ratio	1.04
Quick ratio	1.04
Working capital ratio	3.9%
Solvency	4.4%
Debt / equity	0.19
Long-term debt ratio	0.19
Interest coverage	-
Gross margin	-
Net margin	-
ROA	3.2%
ROE	73.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €23k · 1.3% Current assets €1.76M · 98.7%

Equity & liabilities

Equity €78k · 4.4% Debt €1.70M · 95.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.78M
Fixed assets	21/28	€23k
Tangible fixed assets	22/27	€14k
Financial fixed assets	28	€9k
Current assets	29/58	€1.76M
Amounts receivable within one year	40/41	€1.68M
Cash & bank	54/58	€76k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.78M
Equity	10/15	€78k
Reserves	13	€2k
Accumulated profits (losses)	14	€57k
Amounts payable	17/49	€1.70M
Amounts payable after one year	17	€15k
Amounts payable within one year	42/48	€1.69M
Trade debts payable within one year	44	€453k
Income statement
Gross operating margin	9900	€277k
Operating result	9901	€16k
Financial income	75	€29
Financial charges	65	€8k
Result before taxes	9903	€7k
Income taxes	67/77	€4k
Net result for the period	9904	€3k
Result to be appropriated	9905	€3k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	GEERT DEFREYNE KORTRIJKSESTEENWEG 361, 9000 GENT	19-03-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	Overige posterijen en koeriers(53200)
Legal form	Private limited company (pre-2019)(015)
Incorporation	08-06-2006
Status	Active
Postal code	9032
First BS signal	25-03-2024
Latest BS signal	25-03-2024

Establishment units 1 location

Karakus BVBA

Industrieweg 122, 9032 GentGoederenvervoer over de weg

since 20062.155.927.641

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44074C0150/00R002	Flanders	1.3 ha	1 · 5,018 m²	70.1 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

25-03-2024

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · KARAKUS BV INDUS- TRIEWEG 122/D3, 9032 WONDELGEM · event 19-03-2024

2023

20-03-2023