From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Karga is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.7m and a net result of €69,962. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 46% of 3,027 sector peers (NACE 64, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.
Directors
Board 1
Day-to-day management 3
Permanent representatives 2
Mandate history
- Board
- Day-to-day management
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| INVALE |
|
| UNU |
|
| Venatio BV |
|
| BAELE Noël Robin Jozef Clara |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “5, 2”“Vierde en vijfde met gewone meerderheid alle aandeelhouders, 6”1 more provision on this in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, zoals inzake statutenwijziging”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffening en verdeling, bevoegd tot alle verrichtingen vermeld in wet tenzij algemene vergadering anders besluit bij gewone meerderheid”
Articles of association, deed of 17-08-2023
Owners and capital
Owners
2 ownersOwners 2
- INVALEparentSourceaccounts INVALE 202570%
- Invale NVconsolidating parentconsolidates
Capital and shareholders
- 24-09-2025 Capital reduction of €1,211,762.86 · to €1,433,882.14 · in a demerger
- 17-08-2023 Capital stated in the deed · €2,645,645
- 26-06-2023 Capital stated in the deed · €2,645,645 · 1,000 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “700, 300”
deed of 17-08-2023 (in Dutch)