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KARAMEL ONE

Inactive
KBO/BCE: BE 0728.655.684

KARAMEL ONE was declared bankrupt on 14-05-2024 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 24-02-2026, published in the Belgian State Gazette on 27-02-2026.

Summary

Inactive; last annual accounts for fiscal year 2022.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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 · 3 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-07-2023, 11 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
11 d early
2021
79 d early
2020
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

Total assets rose from EUR 20,272 in 2020 to EUR 561,984 in 2022 and headcount from 0.3 to 1.5 full-time equivalents.1 On 14 May 2024 KARAMEL ONE was declared bankrupt; the bankruptcy was closed on 24 February 2026.23

  1. 1National Bank, annual accounts 2020 and 2022
  2. 2Belgian State Gazette, 21-05-2024
  3. 3Belgian State Gazette, 27-02-2026

Financials · fiscal year 2022, micro schema

Equity
€430,999▼ 7.3%
2021 · €464,806
Total assets
€561,984▲ 14.2%
2021 · €492,288
Net result
-€33,807▲ 38.1%
2021 · -€54,638
Working capital
€24,307▼ 93.5%
2021 · €372,775
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202020212022
Operating result-€40,319--€54,491▼ 35.1%-€33,442▲ 38.6%
Net result-€40,382--€54,638▼ 35.3%-€33,807▲ 38.1%
Equity€19,616-€464,806▲ 2,270%€430,999▼ 7.3%
Total assets€20,272-€492,288▲ 2,328%€561,984▲ 14.2%
Debt€656-€27,482▲ 4,088%€130,986▲ 377%
Working capital€19,067-€372,775▲ 1,855%€24,307▼ 93.5%
Staff (FTE)0.3-0.2▼ 33.3%1.5▲ 650%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2021 Equity +2,270%, Total assets +2,328% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2020: -€40,319-€40,319Net result 2020: -€40,382-€40,382Operating result 2021: -€54,491-€54,491Net result 2021: -€54,638-€54,638Operating result 2022: -€33,442-€33,442Net result 2022: -€33,807-€33,807202020212022-€60,000-€40,000-€20,000€0Operating result 2020: -€40,319-€40,300Net result 2020: -€40,382-€40,400Operating result 2021: -€54,491-€54,500Net result 2021: -€54,638-€54,600Operating result 2022: -€33,442-€33,400Net result 2022: -€33,807-€33,800202020212022
The operating result stays negative: a loss of €33,442 in 2022 against €54,491 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €561,929
Fixed assets €406,669 ▲ 342%
Current assets €155,260 ▼ 61.2%
Equity and liabilities €561,984
Equity €430,999 ▼ 7.3%
Debt €130,986 ▲ 377%
Debt's share of the balance-sheet total rises from 5.6% to 23.3%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€17,360▲
2021 · -€50,505
Cash flow
€16,995▲
2021 · -€50,652
Current ratio
1.19▼
2021 · 14.56
Debt to equity
0.30▲
2021 · 0.06
ROE
-7.8%▲
2021 · -11.8%
ROA
-6.0%▲
2021 · -11.1%
Interest coverage
69.28▲
2021 · -394.02
Debt ≤ 1 year
€130,953▲
2021 · €27,482
Income taxes
€135▲
2021 · €23
Staff costs
€86,034▲
2021 · €8,654
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 46 lines
Balance sheet Code20212022
Assets
Total assets20/58€492,288€561,984▲
Formation expenses20€93€55▼
Fixed assets21/28€91,938€406,669▲
Intangible fixed assets21€88,107€402,602▲
Tangible fixed assets22/27€3,831€4,067▲
Furniture and vehicles24€3,831€4,067▲
Current assets29/58€400,257€155,260▼
Amounts receivable within one year40/41€27,298€55,121▲
Trade receivables40-€55,121
Other amounts receivable41€27,298€0▼
Current investments50/53-€1,551
Cash at bank and in hand54/58€365,558€81,913▼
Deferred charges and accrued income490/1€7,402€16,675▲
Equity and liabilities
Total equity and liabilities10/49€492,288€561,984▲
Equity10/15€464,806€430,999▼
Contributions10/11€559,826€559,826=
Reserves13-€1,551
Non-distributable reserves130/1-€1,551
Own shares acquired1312-€1,551
Profit (loss) carried forward14-€95,020-€130,378▼
Amounts payable17/49€27,482€130,986▲
Amounts payable within one year42/48€27,482€130,953▲
Trade debts44€25,931€91,414▲
Suppliers440/4€25,931€91,414▲
Taxes, remuneration and social security45€1,551€32,638▲
Taxes450/3€23€11,217▲
Remuneration and social security454/9€1,528€21,421▲
Other amounts payable47/48-€6,901
Accrued charges and deferred income492/3-€32
Income statement Code20212022
Remuneration, social security and pensions62€8,654€86,034▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,985€50,802▲
Other operating charges640/8€631€1,509▲
Gross operating margin9900-€41,220€104,903▲
Operating profit (loss)9901-€54,491-€33,442▲
Financial income75/76B€4€21▲
Recurring financial income75€4€21▲
Financial charges65/66B€128€251▲
Recurring financial charges65€128€251▲
Profit (loss) for the period before taxes9903-€54,615-€33,672▲
Income taxes67/77€23€135▲
Profit (loss) for the period9904-€54,638-€33,807▲
Profit (loss) for the period to be appropriated9905-€54,638-€33,807▲
Appropriation of the result
Profit (loss) to be appropriated9906-€95,020-€128,827▼
Profit (loss) brought forward from the previous period14P-€40,382-€95,020▼
Transfer to equity691/2-€1,551
To other reserves6921-€1,551

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022Change
Remuneration, social security and pensions62-€8,654€86,034▲ 894%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,382€3,985€50,802▲ 1,175%
Other operating charges640/8-€631€1,509▲ 139%
Gross operating margin9900-€26,635-€41,220€104,903▲ 354%
Operating profit (loss)9901-€40,319-€54,491-€33,442▲ 38.6%
Financial income75/76B-€4€21▲ 447%
Recurring financial income75€61€4€21▲ 447%
Financial charges65/66B-€128€251▲ 95.5%
Recurring financial charges65€124€128€251▲ 95.5%
Profit (loss) for the period before taxes9903-€40,382-€54,615-€33,672▲ 38.3%
Income taxes67/77-€23€135▲ 496%
Profit (loss) for the period9904-€40,382-€54,638-€33,807▲ 38.1%
Profit (loss) for the period to be appropriated9905-€40,382-€54,638-€33,807▲ 38.1%
Line202020212022Change
Assets
Total assets20/58€20,272€492,288€561,984▲ 14.2%
Formation expenses20€131€93€55▼ 40.5%
Fixed assets21/28€418€91,938€406,669▲ 342%
Intangible fixed assets21-€88,107€402,602▲ 357%
Tangible fixed assets22/27€418€3,831€4,067▲ 6.2%
Furniture and vehicles24-€3,831€4,067▲ 6.2%
Current assets29/58€19,723€400,257€155,260▼ 61.2%
Amounts receivable within one year40/41€6,210€27,298€55,121▲ 102%
Trade receivables40--€55,121-
Other amounts receivable41-€27,298€0▼ 100%
Current investments50/53--€1,551-
Cash at bank and in hand54/58€13,162€365,558€81,913▼ 77.6%
Deferred charges and accrued income490/1-€7,402€16,675▲ 125%
Equity and liabilities
Total equity and liabilities10/49€20,272€492,288€561,984▲ 14.2%
Equity10/15€19,616€464,806€430,999▼ 7.3%
Contributions10/11-€559,826€559,826=
Reserves13--€1,551-
Non-distributable reserves130/1--€1,551-
Own shares acquired1312--€1,551-
Profit (loss) carried forward14-€40,382-€95,020-€130,378▼ 37.2%
Amounts payable17/49€656€27,482€130,986▲ 377%
Amounts payable within one year42/48€656€27,482€130,953▲ 377%
Trade debts44€656€25,931€91,414▲ 253%
Suppliers440/4-€25,931€91,414▲ 253%
Taxes, remuneration and social security45-€1,551€32,638▲ 2,005%
Taxes450/3-€23€11,217▲ 49,293%
Remuneration and social security454/9-€1,528€21,421▲ 1,302%
Other amounts payable47/48--€6,901-
Accrued charges and deferred income492/3--€32-
Line202020212022Change
Profit (loss) for the period9904-€40,382-€54,638-€33,807▲ 38.1%
+ Depreciation and write-downs630€1,382€3,985€50,802▲ 1,175%
Operating cash flow (approximation)-€39,000-€50,652€16,995▲ 134%
Investment in fixed assets (approximation)--€95,505-€365,533▼ 283%
Change in cash-€352,396-€283,645▼ 180%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
27-02
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 24-02-2026
2025
02-06
KBO administration Address struck
2024
21-05
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 14-05-2024
2023
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€54,638
Net result drops to -€54,638, the lowest in the series.
31-12
Financial Equity above €200,000Eq €464,806 ▲2,270%
Equity rises from €19,616 to €464,806.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator LAURENCE CARAMIN
HOFKOUTERSTRAAT 5, 9890 GAVERE
14-05-2024 → 24-02-2026

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 9 entries · 226,099 EUR awarded · 226,099 EUR paid
Year Entries awardedpaid
2025 1 -62,909 EUR0 EUR
2024 1 -10,883 EUR0 EUR
2023 3 6,180 EUR93,000 EUR
2022 4 293,711 EUR133,099 EUR
Schemes
2 entries · 41,000 EUR · Fonds voor Innoveren en Ondernemen
2 entries · 9,279 EUR · 9,279 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 41,000 EUR paid · Fonds voor Innoveren en Ondernemen
3 entries · -10,883 EUR · 175,820 EUR paid · Fonds voor Innoveren en Ondernemen

Identification & contact

Identification
Legal formBV
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.