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KARGO

Active
Private limited companyfounded 1999active for 26 yearsHallesesteenweg 158, 1640 Sint-Genesius-Rode, Belgium17 active companies are registered at this addressKBO/BCE: BE 0467.190.897
Summary

KARGO has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €309,340 and a net result of -€204,160. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 11% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Other building finishing work
NACE 43350
Largest company by total assets in Sint-Genesius-Rode, Construction sector1 site
Size
€5.8mtotal assets 2025
Equity
€309,340
Loss
-€204,160
Turnover not published (micro format)
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
2025 accounts 7 days early3 of 7 deeds summarised
Why 66raises riskLiquidity: current ratio 0.54, cash €45, halvedSector: Specialised construction activities (NACE 43)Equity €309,340 (5.3% of total assets)lowers riskSize: total assets €5.8mShow the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 20% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Weak
Solvency 30-4
equity 5.3% of total assets
Liquidity 46-3
short-term debt 16.1% · cash 0.0%
Profitability 41-31
return on assets -3.5%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,646 companies, NACE 43, small)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.8%▲ +0.1 percentage points vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025 05-2025: 2.1%▲ +0.3 percentage points vs 04-2025 06-2025: 2.4%▲ +0.3 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 2.9%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.9%▼ -2.0 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 1.0%▲ +0.1 percentage points vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.2%▲ +0.2 percentage points vs 04-2026 06-2026: 1.3%▲ +0.1 percentage points vs 05-2026 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.9%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026lowest value
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.54, compared with 0.56 in 2024, below 1; short-term debt: 16.1% and cash: 0% of total assets), and 94.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, small): better than 6% on solvency, 52% on liquidity, 17% on profitability and 7% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.54, cash €45, halved
NBB · annual accounts
lowers risk · Size: total assets €5.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €309,340 (5.3% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 34678 sector peers (2025).
NBB · sector comparison
Position among 34678 sector peers
Solvency
better than 11%
← weakest strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
27 days late
2023
28 days late
2022
30 days late
2021
50 days late
2020
31 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€204,160
  3. Resignation: Evelyn De Beir (director)Director discharge · Power of…

Financials · financial year 2025, micro format

Equity
€309,340▼ 39.8%
2024 · €513,499
Total assets
€5.8m▼ 0.7%
2024 · €5.8m
Net result
-€204,160
2024 · €134,713
Working capital
-€432,857▼ 38.3%
2024 · -€312,897
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €98,998 after €302,290 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.1m 2025 Net result-€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.07m-€0.06m▼ 13.7%€0.2m▲ 220%-€0.09m€0.1m€0.1m▲ 21.6%€0.3m▲ 136%-€0.1m
Net result-€0.005m--€0.01m▼ 131%€0.08mabove the sector's middle half-€0.2mbelow the sector's middle half€0.02mwithin the sector's middle half€0.05mabove the sector's middle half▲ 201%€0.1mabove the sector's middle half▲ 158%-€0.2mbelow the sector's middle half
Equity€0.4m-€0.4m▼ 2.7%€0.5mabove the sector's middle half▲ 20.7%€0.3mabove the sector's middle half▼ 35.1%€0.3mabove the sector's middle half▲ 10.0%€0.4mabove the sector's middle half▲ 16.0%€0.5mabove the sector's middle half▲ 35.6%€0.3mabove the sector's middle half▼ 39.8%
Total assets€3.8m-€3.9m▲ 1.7%€3.5mabove the sector's middle half▼ 9.0%€4.4mabove the sector's middle half▲ 26.2%€4.9mabove the sector's middle half▲ 11.0%€4.8mabove the sector's middle half▼ 1.5%€5.8mabove the sector's middle half▲ 20.7%€5.8mabove the sector's middle half▼ 0.7%
Debt€3.3m-€3.4m▲ 2.5%€2.9m▼ 14.2%€4.0m▲ 37.4%€4.5m▲ 11.6%€4.3m▼ 2.6%€5.2m▲ 18.7%€5.3m▲ 3.4%
Working capital-€0.4m--€0.3m▲ 11.4%-€0.3mbelow the sector's middle half▲ 7.2%-€0.5mbelow the sector's middle half▼ 54.5%-€0.2mbelow the sector's middle half▲ 60.7%-€0.3mbelow the sector's middle half▼ 71.2%-€0.3mbelow the sector's middle half▼ 0.6%-€0.4mbelow the sector's middle half▼ 38.3%
Solvency10.3%-9.8%▼ 0.4pp13.0%below the sector's middle half▲ 3.2pp6.7%below the sector's middle half▼ 6.3pp6.6%below the sector's middle half▼ 0.1pp7.8%below the sector's middle half▲ 1.2pp8.8%below the sector's middle half▲ 1.0pp5.3%below the sector's middle half▼ 3.5pp
Current ratio0.20-0.17▼ 0.030.16below the sector's middle half▼ 0.010.13below the sector's middle half▼ 0.040.56below the sector's middle half▲ 0.430.53below the sector's middle half▼ 0.030.56below the sector's middle half▲ 0.020.54below the sector's middle half▼ 0.02
Return on assets (ROA)-0.1%--0.3%▼ 0.2pp2.2%within the sector's middle half▲ 2.5pp-3.6%below the sector's middle half▼ 5.9pp0.4%below the sector's middle half▲ 4.0pp1.1%within the sector's middle half▲ 0.7pp2.3%within the sector's middle half▲ 1.2pp-3.5%below the sector's middle half▼ 5.8pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.8m
Fixed assets €5.3m ▼ 2.6%
Current assets €500,066 ▲ 26.7%
Equity and liabilities €5.8m
Equity €309,340 ▼ 39.8%
Provisions €160,156 ▼ 5.3%
Debt €5.3m ▲ 3.4%
Debt's share of the balance-sheet total rises from 88.3% to 91.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€352,009▼
2024 · €690,554
Cash flow
€246,847▼
2024 · €522,976
Debt to equity
17.26▲
2024 · 10.06
ROE
-66.0%▼
2024 · 26.2%
Interest coverage
3.15▼
2024 · 6.04
Debt ≤ 1 year
€932,923▲
2024 · €707,709
Debt > 1 year
€4.4m▼
2024 · €4.5m
Income taxes
€2,548▲
2024 · €286
Staff costs
€140▼
2024 · €263
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,104 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency under 10%
  • a small loss
1.8% went bankrupt
3.6% stopped otherwise
94.2% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,104 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.8m€5.8m▼
Fixed assets21/28€5.5m€5.3m▼
Tangible fixed assets22/27€5.5m€5.3m▼
Land and buildings22€4.1m€4.2m▲
Plant, machinery and equipment23€432€208▼
Furniture and vehicles24€0.02m€0.01m▼
Other tangible fixed assets26€1.3m€1.1m▼
Current assets29/58€0.4m€0.5m▲
Amounts receivable within one year40/41€0.4m€0.5m▲
Trade receivables40€0.3m€0.4m▲
Other amounts receivable41€0.09m€0.1m▲
Cash at bank and in hand54/58€0.01m€45▼
Deferred charges and accrued income490/1€0€0.007m▲
Equity and liabilities
Total equity and liabilities10/49€5.8m€5.8m▼
Equity10/15€0.5m€0.3m▼
Contributions10/11€0.06m€0.06m=
Reserves13€0.5m€0.4m▼
Tax-exempt reserves132€0.5m€0.4m▼
Distributable reserves133€0-
Profit (loss) carried forward14-€0.007m-€0.2m▼
Provisions and deferred taxes16€0.2m€0.2m▼
Deferred taxes168€0.2m€0.2m▼
Amounts payable17/49€5.2m€5.3m▲
Amounts payable after more than one year17€4.5m€4.4m▼
Financial debts170/4€3.6m€3.9m▲
Other amounts payable178/9€0.8m€0.5m▼
Amounts payable within one year42/48€0.7m€0.9m▲
Current portion of amounts payable after more than one year42€0.6m€0.7m▲
Financial debts43€0€0.01m▲
Other loans439€0€0.01m▲
Trade debts44€0.09m€0.1m▲
Suppliers440/4€0.09m€0.1m▲
Advances received on contracts in progress46-€0.1m
Taxes, remuneration and social security45€0.008m€0.03m▲
Taxes450/3€0.008m€0.03m▲
Other amounts payable47/48€0.006m€0.002m▼
Accrued charges and deferred income492/3€0€0.002m▲
Income statement Code20242025
Non-recurring operating income76A€0.3m€0▼
Remuneration, social security and pensions62€263€140▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.4m€0.5m▲
Other operating charges640/8€0.03m€0.04m▲
Gross operating margin9900€0.7m€0.4m▼
Operating profit (loss)9901€0.3m-€0.1m▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€0.1m€0.1m▼
Recurring financial charges65€0.1m€0.1m▼
Profit (loss) for the period before taxes9903€0.2m-€0.2m▼
Transfer from deferred taxes780€0.007m€0.009m▲
Transfer to deferred taxes680€0.06m€0▼
Income taxes67/77€286€0.003m▲
Profit (loss) for the period9904€0.1m-€0.2m▼
Transfer from tax-exempt reserves789€0.03m€0.04m▲
Transfer to tax-exempt reserves689€0.2m€0▼
Profit (loss) for the period to be appropriated9905-€0.08m-€0.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.007m-€0.2m▼
Profit (loss) brought forward from the previous period14P€0.07m-€0.007m▼
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A------€303,648€0▼ 100%
Remuneration, social security and pensions62---€2,640€964€583€263€140▼ 46.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€224,578€240,101€250,046€286,070€371,318€382,970€388,263€451,007▲ 16.2%
Other operating charges640/8---€5,790€37,954€23,002€32,359€41,090▲ 27.0%
Non-recurring operating charges66A---€3,100€0----
Gross operating margin9900€303,444€309,814€463,734€203,144€515,608€534,674€723,175€393,239▼ 45.6%
Operating profit (loss)9901€74,526€64,328€205,872-€94,455€105,371€128,120€302,290-€98,998-
Financial income75/76B----€0€11€0--
Recurring financial income75€665€10--€0€11€0--
Financial charges65/66B---€74,438€68,224€79,319€114,292€111,630▼ 2.3%
Recurring financial charges65€80,088€79,669€70,457€74,438€68,224€79,319€114,292€111,630▼ 2.3%
Profit (loss) for the period before taxes9903-€4,897-€15,332€135,415-€168,893€37,148€48,812€187,998-€210,628-
Transfer from deferred taxes780---€10,948€7,713€7,713€6,731€9,017▲ 34.0%
Transfer to deferred taxes680------€59,730€0▼ 100%
Income taxes67/77€4,601€122€444€2,750€27,507€4,361€286€2,548▲ 790%
Profit (loss) for the period9904-€4,560-€10,515€78,329-€160,695€17,354€52,164€134,713-€204,160-
Transfer from tax-exempt reserves789---€27,619€30,854€30,854€26,923€36,068▲ 34.0%
Transfer to tax-exempt reserves689------€238,919€0▼ 100%
Profit (loss) for the period to be appropriated9905€5,030-€925-€96,823-€133,076€48,207€83,017-€77,283-€168,092▼ 118%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€3.8m€3.9m€3.5m€4.4m€4.9m€4.8m€5.8m€5.8m▼ 0.7%
Formation expenses20€0.003m€0.002m€0.002m€0.001m€0----
Fixed assets21/28€3.7m€3.8m€3.5m€4.4m€4.7m€4.5m€5.5m€5.3m▼ 2.6%
Tangible fixed assets22/27€3.7m€3.8m€3.5m€4.4m€4.7m€4.5m€5.5m€5.3m▼ 2.6%
Land and buildings22---€2.4m€3.0m€3.0m€4.1m€4.2m▲ 0.8%
Plant, machinery and equipment23---€0.003m€0.003m€0.001m€432€208▼ 51.9%
Furniture and vehicles24---€0.03m€0.02m€0.03m€0.02m€0.01m▼ 53.3%
Other tangible fixed assets26---€1.9m€1.7m€1.5m€1.3m€1.1m▼ 12.7%
Financial fixed assets28€100€100€100------
Current assets29/58€0.09m€0.07m€0.06m€0.07m€0.2m€0.4m€0.4m€0.5m▲ 26.7%
Amounts receivable within one year40/41€0.04m€0.07m€0.05m€0.06m€0.2m€0.3m€0.4m€0.5m▲ 29.2%
Trade receivables40---€0.05m€0.2m€0.3m€0.3m€0.4m▲ 34.9%
Other amounts receivable41---€0.01m€0.05m€0.06m€0.09m€0.1m▲ 10.6%
Cash at bank and in hand54/58€0.004m€105€0.003m€0.001m€0.004m€0.006m€0.01m€45▼ 99.7%
Deferred charges and accrued income490/1----€0.002m€0.002m€0€0.007m-
Equity and liabilities
Total equity and liabilities10/49€3.8m€3.9m€3.5m€4.4m€4.9m€4.8m€5.8m€5.8m▼ 0.7%
Equity10/15€0.4m€0.4m€0.5m€0.3m€0.3m€0.4m€0.5m€0.3m▼ 39.8%
Contributions10/11€0.04m€0.04m-€0.04m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.3m€0.3m€0.4m€0.3m€0.3m€0.3m€0.5m€0.4m▼ 7.8%
Non-distributable reserves130/1---€0.006m€0.006m€0---
Reserves not available under the articles1311---€0.006m€0.006m€0---
Tax-exempt reserves132---€0.3m€0.3m€0.3m€0.5m€0.4m▼ 7.8%
Distributable reserves133-----€0.07m€0--
Profit (loss) carried forward14----€0.07m-€0.02m€0-€0.007m-€0.2m▼ 2,465%
Provisions and deferred taxes16€0.09m€0.09m€0.1m€0.1m€0.1m€0.1m€0.2m€0.2m▼ 5.3%
Deferred taxes168---€0.1m€0.1m€0.1m€0.2m€0.2m▼ 5.3%
Amounts payable17/49€3.3m€3.4m€2.9m€4.0m€4.5m€4.3m€5.2m€5.3m▲ 3.4%
Amounts payable after more than one year17€2.9m€3.0m€2.6m€3.5m€4.1m€3.6m€4.5m€4.4m▼ 1.2%
Financial debts170/4---€3.5m€3.6m€3.5m€3.6m€3.9m▲ 6.1%
Other amounts payable178/9---€0.01m€0.4m€0.2m€0.8m€0.5m▼ 33.9%
Amounts payable within one year42/48€0.5m€0.4m€0.4m€0.5m€0.4m€0.7m€0.7m€0.9m▲ 31.8%
Current portion of amounts payable after more than one year42---€0.5m€0.3m€0.6m€0.6m€0.7m▲ 9.8%
Financial debts43---€65€110€90€0€0.01m-
Credit institutions430/8---€65-----
Other loans439----€110€90€0€0.01m-
Trade debts44€0.07m€0.07m€0.09m€0.04m€0.06m€0.03m€0.09m€0.1m▲ 31.6%
Suppliers440/4---€0.04m€0.06m€0.03m€0.09m€0.1m▲ 31.6%
Advances received on contracts in progress46-------€0.1m-
Taxes, remuneration and social security45---€0.01m€0.06m€0.03m€0.008m€0.03m▲ 244%
Taxes450/3---€0.01m€0.06m€0.03m€0.008m€0.03m▲ 244%
Other amounts payable47/48------€0.006m€0.002m▼ 74.6%
Accrued charges and deferred income492/3---€0.006m€0€0.05m€0€0.002m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€0.005m-€0.01m€0.08m-€0.2m€0.02m€0.05m€0.1m-€0.2m-
+ Depreciation and write-downs630€0.2m€0.2m€0.3m€0.3m€0.4m€0.4m€0.4m€0.5m▲ 16.2%
Operating cash flow (approximation)€0.2m€0.2m€0.3m€0.1m€0.4m€0.4m€0.5m€0.2m▼ 52.8%
Investment in fixed assets (approximation)--€0.3m€0.09m-€1.2m-€0.7m-€0.2m-€1.4m-€0.3m▲ 77.2%
Change in cash--€0.004m€0.003m-€0.002m€0.003m€0.002m€0.008m-€0.01m-

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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Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 24-07-2026 2026-00327381
31-12-2024 micro format 27-08-2025 2025-00410981
31-12-2023 micro format 28-08-2024 2024-00383300
31-12-2022 micro format 30-08-2023 2023-00377687
31-12-2021 micro format 19-09-2022 2022-20431005
31-12-2020 micro format 31-08-2021 2021-63000194
31-12-2019 micro format 29-10-2020 2020-66800434
31-12-2018 micro format 30-09-2019 2019-67000418
31-12-2017 micro format 19-06-2018 2018-19900222
31-12-2016 micro format 23-06-2017 2017-22100092

Show all 26 filings

Similar companies · same sector, comparable size

Of the 7,258 active companies whose main activity is other building finishing work (NACE 43350), figures are known for 2,372. 1,597 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2025
WINDERICKX Steven
Director (not named in the articles) · since 12-01-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 7 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
WINDERICKX Steven
  • Manager, until 12-01-2024
  • Director (not named in the articles), from 12-01-2024 to date
Evelyn De Beir
  • Director, until 03-09-2025
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 12-01-2024 Converted to unavailable equity · €61,353.64

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

KARGO was incorporated on 2 November 1999.1 The registered office was moved to Sint Genesius Rode in 2024.2 Total assets rose from €3.8m in 2018 to €5.8m in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-08-2024
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Weakest financial yearnet -€204,160
Net result drops to -€204,160, the lowest in the series.
24-09
Gazette deed Resignation: Evelyn De Beir (director)
Director discharge · Power of attorney10 facts ▸
  • General meeting, 03-09-2025
  • Director resignation, Evelyn De Beir (director)
  • Director discharge, Evelyn De Beir
  • Power of attorney, Lindsey Schamp
  • Power of attorney, Ellen Carlier
  • Power of attorney, Lisa Kennis
  • Power of attorney, Sylvia Vanbeveren
  • Power of attorney, Suzana Fernandes
  • Power of attorney, Kim Forment
  • Power of attorney, Tine Talpe
27-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 27 days late
2024
31-12
Financial Highest result from 2018 to 2025net €134,713 ▲158%
Operating result €302,290, net result €134,713, both a record.
31-12
Financial Equity above €500,000equity €513,499 ▲35.6%
3 profitable years in a row build equity to €513,499.
28-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 28 days late
02-08
Gazette deed Registered office
Registered-office move2 facts ▸
  • Board meeting, 24-05-2024
  • Registered-office move, Hallesteenweg 158, 1640 Sint Genesius Rode
12-01
Gazette deed Resignation: WINDERICKX Steven (manager)
Appointment: WINDERICKX Steven (director) · Legal form clause · Capital conversion10 facts ▸
  • General meeting, 20-12-2023
  • Legal form clause, “statuten aanpassen en rechtsvorm behouden, besloten vennootschap(afgekort BV)” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “overeenkomstig de vormen en meerderheden van de statutenwijziging, statutair onbeschikbare eigen vermogensrekening beperken en saldo beschikbaar maken voor uitk…” (deed in Dutch)
  • Amendment of the articles
  • Capital
  • Director resignation, WINDERICKX Steven (manager)
  • Director appointment, WINDERICKX Steven (director (not named in the articles))
  • Other provision, “uitoefening mandaat, kwijting ontslagnemende zaakvoerder” (deed in Dutch)
  • Registered office clause, “1060 Sint-Gillis,Maurice Wilmottestraat 28” (deed in Dutch)
2023
30-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 30 days late
2022
31-12
Financial Back to profitnet €17,354
Net result €17,354 after one loss-making year.
19-09
NBB filing Annual accounts filed
financial year 2021 · micro format · 50 days late
Show earlier events
2021
31-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 31 days late
2020
31-12
Financial Back to profitnet €78,329
Net result €78,329 after 2 loss-making years.
29-10
NBB filing Annual accounts filed
financial year 2019 · micro format · 90 days late
2019
30-09
NBB filing Annual accounts filed
financial year 2018 · micro format · 61 days late
2018
19-06
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
23-06
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 26 annual accounts filed, the latest 10 are here; all 26 are under Financials.
3 of 7 deeds read
About the unread acts

Of the 7 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 4 have not 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.

Register details

Identification
Legal formPrivate limited company
Founded02-11-1999
Financial year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
71112Activities of interior architects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0467190897
Also 9925:BE0467190897
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0467.190.897

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Genesius-Rode · 1 establishment unit since 2000
registered office establishment approximate The establishment unit on the map
Ground area
1.1 ha
Building footprint
1,812 m²
Building volume
2,584 m³
Parcel 22004D0028/00H005, Flanders · tallest building 4.9 m. Linked by address, not a title deed.
1 establishment unit
KARGO
Hallesesteenweg 158, 1640 Sint-Genesius-RodeManufacture of basic pharmaceutical products and pharmaceutical preparations
since 2000unit no. 2.099.405.939
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
22004D0028/00H005 Flanders 1.1 ha 1 · 1,812 m² 4.9 m
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Alle trading-activiteiten in de ruimste zin van het woord en binnen dit kader of de handel onder al zijn vormen in alle roerende goederen…” (deed in Dutch)
9 activities (deed in Dutch)
  1. Alle trading-activiteiten in de ruimste zin van het woord en binnen dit kader of de handel onder al zijn vormen in alle roerende goederen
  2. Alle verrichtingen en alle studies te doen die verband houden met alle goederen en/of rechten die onroerend zijn van nature,door inlijving of door bestemming,evenals met de roerende goederen en/of rechten die eruit voortkomen,evenals alle verrichtingen van burgerlijke,handels-,nijverheids-,of financiële aard die er rechtstreeks of onrechtstreeks mede in verband staan,zoals bijvoorbeeld,de aankoop,het productief maken,het verkavelen,ruilen,verbeteren,verhuren,gemeubeld of niet,de verkoop,de afstand,het beheer,de wijziging,de bouw en de afbraak van roerend en onroerende goederen,en andere
  3. Alle verrichtingen van mandaat,beheer en commissie betreffende onroerende goederen,onroerende rechten en in het algemeen alle bewerkingen die voortvloeien uit het hoofddoel
  4. Alle financiële verrichtingen en namelijk de aankoop,de ruiling en de verkoop van alle roerende waarden;alle commissie- en delcredereverrichtingen;de vertegenwoordiging ten titel van commissionair,van mandataris of agent,van alle openbare of private natuurlijke of rechtspersonen
  5. Alle daden en verrichtingen voor rekening van derden,alle verbintenissen ten titel van borg,aval of om het even welke waarborg voor rekening van derden
  6. Concept en projectontwikkeling
  7. Binnenhuisinrichting en decoratie
  8. Beheer van onroerende goederen met de hiervoor noodzakelijke handelingen van verkoop en aankoop
  9. Beheer van vennootschappen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
KARGO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest of Brussels Hoofdstedelijk Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)

deed of 12-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Benoemd met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
“Behalve deze die wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden toegekend met mogelijkheid deel te delegeren” (deed in Dutch)

deed of 12-01-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)

deed of 12-01-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, indien geen andere vereffenaar benoemd” (deed in Dutch)

deed of 12-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Capital: “€55.776,04” (deed in Dutch)
Other provision: “Één of meerdere commissarissen, controle van de vennootschap” (deed in Dutch)
Other provision: “09.00, organisatie en bijeenroeping algemene vergadering” (deed in Dutch)
Other provision: “Beraadslagingen, absolute meerderheid behoudens wet of statuten” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves, algemene vergadering” (deed in Dutch)
Other provision: “Binnen grenzen Wetboek van vennootschappen en verenigingen, uitkeringen aan aandeelhouders en tantièmes” (deed in Dutch)
3 more provisions in the deed, see the deed of 12-01-2024

deed of 12-01-2024