KARECREA
ActiveSummary
KARECREA has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,124 and a net result of €22,395. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 68% of 4,798 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 28-06-2007 Normal situation
- Activity
- Cafés and bars NACE 56301
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.164.201.246 3600 Genk, since 01-07-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Board and ownership
- HELLINGS Willy Jacques LouisDirector
- Vrijens NathalieDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €222,865
- ▲ 12.8%
- Turnover
- ≈ €660,000
- estimated
- Profit
- €22,395
- Equity
- €75,124
- ▲ 13.7%
- Total assets
- €155,082
- ▼ 5.3%
- Employees on 31-12-2025
- 4
- ▼ 42.9%
- 2025 accounts filed 54 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 54 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 1.50, cash €74,869Founded in 2007Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 67% of them on solvency, 78% on liquidity, 75% on profitability and 60% on growth.
The bankruptcy probability was computed on 01-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
- Flemish supportawarded from 2022 to 2025 €102,587 View
Recent changes
- · Gazette deed Changes of role: HELLINGS Willy Jacques Louis (director) and VRIJENS Natalie (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as KARECREA: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €136,000 and €168,000, founded between 2004 and 2008.
| Company | Total assets | Gross margin |
|---|---|---|
| KARECREA Genk | €155,082 | €222,865 |
| HV PIZZA Chaumont-Gistoux | €153,071 | €187,734 |
| Café Tabor Leuven | €138,644 | €243,379 |
| RASPBERRY Brussel | €167,560 | €203,477 |
| DE KLOK Meise | €136,074 | €230,094 |
| 2 BE ZEN Sint-Lambrechts-Woluwe | €161,578 | €250,569 |
| De Wauwersche Velde Ranst | €141,058 | €187,379 |
Key facts about KARECREA
- What is the company number of KARECREA?
- The company number of KARECREA is 0890.704.478. The VAT number is the same number with BE in front: BE 0890.704.478.
- Where is KARECREA based?
- The registered office is at Schaapsdries 7, 3600 Genk.Company details
- What does KARECREA do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of KARECREA?
- The legal form of KARECREA is Private limited company (BV).
- When was KARECREA founded?
- KARECREA was founded on 28-06-2007.
- Is KARECREA still active?
- Yes, KARECREA is an active enterprise in the KBO register.
- How many employees does KARECREA have?
- KARECREA had an average of 11.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KARECREA fall under?
- In its 2025 annual accounts, KARECREA states joint committee 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of KARECREA?
- The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €222,865 and 45 comparable companies (NACE 56301). It probably lies between €540,000 and €860,000.
- Is KARECREA profitable?
- In financial year 2025, KARECREA made a profit of €22,395.
- Where can I find the annual accounts of KARECREA?
- KARECREA filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KARECREA due?
- KARECREA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.