KARAN
ActiveThe computed 12-month bankruptcy probability of KARAN is 1.8% (moderate). The 2025 annual accounts show equity of €20k and a net result of €-1k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 2533 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+32
Solvency68▼-17
Growth85=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 5.48 in 2024; short-term debt: 39% and cash: 4.2% of total assets), and 57.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.6%
Return on assets
-2.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
10 d early
2024
33 d early
2023
2 d early
2022
14 d late
2021
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€237k▲ 400%
2021 · €48k
2021: €48k
2021 → 2022
EBIT margin
-1.1%▲ 3.2pp
2021 · -4.3%
2021: -4.3%
2021 → 2022
Net result
€-1k▼ 128%
2024 · €-520
2021: €-2k
2022: €-3k
2023: €24k
2024: €-520
2021 → 2025
Working capital
€9k▼ 56.8%
2024 · €20k
2021: €939
2022: €-5k
2023: €11k
2024: €20k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€48k-€237k▲ 400%
Equity€939-€-2k€22k€21k▼ 2.4%€20k▼ 5.6%
Operating result€-2k-€-3k▼ 31.5%€29k€-125€6k
Net result€-2k-€-3k▼ 32.7%€24k€-520€-1k▼ 128%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €125 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47k
Fixed assets
€20k▲ 83.3%
Current assets
€27k▲ 9.5%
Equity and liabilities €47k
Equity
€20k▼ 5.6%
Debt
€27k▲ 87.3%
The debt ratio rises from 40.5% to 57.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k
Cash flow
€1k
Solvency
42.6%▼
2024 · 59.5%
Current ratio
1.48▼
2024 · 5.48
Quick ratio
0.18▼
2024 · 2.57
Debt / equity
1.35▲
2024 · 0.68
ROE
-5.9%▼
2024 · -2.4%
ROA
-2.5%▼
2024 · -1.5%
Interest coverage
19.35
Debt
€27k▲
2024 · €14k
Debt ≤ 1 year
€18k▲
2024 · €5k
Debt > 1 year
€9k▼
2024 · €10k
Income taxes
€7k
Staff costs
€25k▲
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€36k€47k▲
Fixed assets21/28€11k€20k▲
Tangible fixed assets22/27-€9k
Furniture and vehicles24-€9k
Financial fixed assets28€11k€11k=
Current assets29/58€25k€27k▲
Stocks and contracts in progress3€13k€24k▲
Stocks30/36€13k€24k▲
Amounts receivable within one year40/41-€1k
Trade receivables40-€1k
Cash at bank and in hand54/58€12k€2k▼
Equity and liabilities
Total equity and liabilities10/49€36k€47k▲
Equity10/15€21k€20k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€18k€17k▼
Amounts payable17/49€14k€27k▲
Amounts payable after more than one year17€10k€9k▼
Financial debts170/4-€2k
Trade debts175€10k€7k▼
Amounts payable within one year42/48€5k€18k▲
Trade debts44€859€13k▲
Suppliers440/4€859€13k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€3k€3k▼
Remuneration and social security454/9€1k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€25k€25k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€2k€2k▼
Gross operating margin9900€27k€35k▲
Operating profit (loss)9901€-125€6k▲
Financial charges65/66B€394€419▲
Recurring financial charges65€394€419▲
Profit (loss) for the period before taxes9903€-520€5k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€-520€-1k▼
Profit (loss) for the period to be appropriated9905€-520€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€17k▼
Profit (loss) brought forward from the previous period14P€19k€18k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 5.48
Current ratio from 2.73 to 5.48; short-term debt falls from €6k to €5k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.73
Current ratio from 0.80 to 2.73; short-term debt falls from €23k to €6k.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Saint-Ghislain · 2 establishment units since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Wallonie(B) 1427331 Saint-GhislainGround area
405 m²
Building footprint
293 m²
Volume, LiDAR
2,695 m³
2 parcels, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
KARAN
since 20212.314.798.397
librairy du chateau
since 20222.333.193.656
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55022A0323/00Y003indicative | Wallonia | 381 m² | 1 · 78 m² | 10.5 m · 3 fl. |
| 51008A0214/00L000 | Wallonia | 24 m² | 1 · 215 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 2
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBeloeil2.333.193.656
La Louvière2.314.798.397
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Of 3,209 companies in sector 95316 we hold annual accounts for 752. 536 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2021
Fiscal year end31-12
Activities, NACEBEL
95316Washing and cleaning of motor vehicles
47620Retail trade
47621Retail sale of newspapers and periodicals
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.