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Kargu

Active
Private limited companyfounded 20232 yrs activeHagenbroeksesteenweg 194, 2500 Lier, BelgiumKBO/BCE: BE 1003.419.270
Summary

The computed 12-month bankruptcy probability of Kargu is 5.6% (elevated). The 2024 annual accounts show negative equity (-€23,498) and a net result of -€33,498. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency8
Growth-
Track record67
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65; short-term debt: 113.3% and cash: 13.4% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-17.2%
Return on assets
-24.5%
Age of the figures
21 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 22-06-2026, 39 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
39 d early
2024
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 20 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Kargu was incorporated on 14 December 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
-€23,498
Total assets
€136,638
Net result
-€33,498
Working capital
-€53,581

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €136,638
Fixed assets €35,375
Current assets €101,264
Key figures and ratios
2024 value
EBITDA
-€29,167
Cash flow
-€30,735
Solvency
-17.2%
Current ratio
0.65
Debt to equity
-6.81
ROA
-24.5%
Interest coverage
-18.60
Debt
€160,136
Debt ≤ 1 year
€154,845
Debt > 1 year
€5,291
Staff costs
€83,080

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.6% 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 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 7,638 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 · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€136,638
Fixed assets21/28€35,375
Intangible fixed assets21€12,241
Tangible fixed assets22/27€22,534
Furniture and vehicles24€22,534
Financial fixed assets28€600
Current assets29/58€101,264
Amounts receivable within one year40/41€82,916
Trade receivables40€77,411
Other amounts receivable41€5,505
Cash at bank and in hand54/58€18,348
Equity and liabilities
Total equity and liabilities10/49€136,638
Equity10/15-€23,498
Contributions10/11€10,000
Profit (loss) carried forward14-€33,498
Amounts payable17/49€160,136
Amounts payable after more than one year17€5,291
Financial debts170/4€5,291
Amounts payable within one year42/48€154,845
Current portion of amounts payable after more than one year42€4,293
Trade debts44€61,860
Suppliers440/4€61,860
Taxes, remuneration and social security45€11,453
Taxes450/3€2,621
Remuneration and social security454/9€8,832
Other amounts payable47/48€77,239
Income statement Code2024
Remuneration, social security and pensions62€83,080
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,763
Other operating charges640/8€10,805
Gross operating margin9900€64,718
Operating profit (loss)9901-€31,930
Financial charges65/66B€1,568
Recurring financial charges65€1,568
Profit (loss) for the period before taxes9903-€33,498
Profit (loss) for the period9904-€33,498
Profit (loss) for the period to be appropriated9905-€33,498
Appropriation of the result
Profit (loss) to be appropriated9906-€33,498

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€83,080
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,763
Other operating charges640/8€10,805
Gross operating margin9900€64,718
Operating profit (loss)9901-€31,930
Financial charges65/66B€1,568
Recurring financial charges65€1,568
Profit (loss) for the period before taxes9903-€33,498
Profit (loss) for the period9904-€33,498
Profit (loss) for the period to be appropriated9905-€33,498
Line2024
Assets
Total assets20/58€136,638
Fixed assets21/28€35,375
Intangible fixed assets21€12,241
Tangible fixed assets22/27€22,534
Furniture and vehicles24€22,534
Financial fixed assets28€600
Current assets29/58€101,264
Amounts receivable within one year40/41€82,916
Trade receivables40€77,411
Other amounts receivable41€5,505
Cash at bank and in hand54/58€18,348
Equity and liabilities
Total equity and liabilities10/49€136,638
Equity10/15-€23,498
Contributions10/11€10,000
Profit (loss) carried forward14-€33,498
Amounts payable17/49€160,136
Amounts payable after more than one year17€5,291
Financial debts170/4€5,291
Amounts payable within one year42/48€154,845
Current portion of amounts payable after more than one year42€4,293
Trade debts44€61,860
Suppliers440/4€61,860
Taxes, remuneration and social security45€11,453
Taxes450/3€2,621
Remuneration and social security454/9€8,832
Other amounts payable47/48€77,239
Line2024
Profit (loss) for the period9904-€33,498
+ Depreciation and write-downs630€2,763
Operating cash flow (approximation)-€30,735

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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
Registered office, Lier · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
825 m²
Building footprint
159 m²
Volume, LiDAR
883 m³
Parcel 12392A0804/00B002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Kargu
Hagenbroeksesteenweg 194, 2500 LierNon-scheduled passenger transport by road
since 20232.353.594.439
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12392A0804/00B002 Flanders 825 m² 1 · 159 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,683 companies in sector 49330 we hold annual accounts for 2,299. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003419270
Also 9925:BE1003419270
Registered 14-05-2024

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

Register as of 29 September 2026 · Peppol Directory

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