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KARHUSAL

Dissolution or liquidation
Private limited company (pre-2019)founded 2009Waverse Steenweg 1322, 1050 Elsene, BelgiumKBO/BCE: BE 0810.212.690
Summary

The KBO register records for KARHUSAL the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €16,378 and a net result of €10,294.

KARHUSALDissolution or liquidation

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 04-02-2021, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
4 d late
2019
18 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 7 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
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

KARHUSAL was incorporated on 5 March 2009.1 The company has filed 11 sets of annual accounts, the latest for fiscal year 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Turnover
€330,401
EBIT margin
3.2%
Net result
€10,294
2019 · -€19,768
Working capital
€12,218
2019 · -€2,930
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020
Turnover€330,401
Operating result-€19,367-€10,616
Net result-€19,768-€10,294within the sector's middle half
EBIT margin3.2%
Equity€6,084-€16,378within the sector's middle half▲ 169%
Total assets€213,486-€205,436within the sector's middle half▼ 3.8%
Debt€207,402-€189,058▼ 8.8%
Working capital-€2,930-€12,218within the sector's middle half
Solvency2.8%-8.0%within the sector's middle half▲ 5.1pp
Current ratio0.99-1.06within the sector's middle half▲ 0.08
Return on assets (ROA)-9.3%-5.0%within the sector's middle half▲ 14.3pp
above within below the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2019: -€19,367-€19,367Net result 2019: -€19,768-€19,768Operating result 2020: €10,616€10,616Net result 2020: €10,294€10,29420192020-€20,000-€10,000€0€10,000Operating result 2019: -€19,367-€19,400Net result 2019: -€19,768-€19,800Operating result 2020: €10,616€10,600Net result 2020: €10,294€10,30020192020
The operating result returns to profit in 2020: €10,616 after a loss of €19,367 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €205,436
Fixed assets €4,160 ▼ 53.8%
Current assets €201,276 ▼ 1.6%
Equity and liabilities €205,436
Equity €16,378 ▲ 169%
Debt €189,058 ▼ 8.8%
Debt's share of the balance-sheet total falls from 97.2% to 92.0%. Equity is higher and debt is lower.
Key figures and ratios
2020 value · change against 2019
EBITDA
€16,020▲
2019 · -€14,311
Cash flow
€15,698▲
2019 · -€14,712
Quick ratio
0.91▲
2019 · 0.84
Debt to equity
11.54
ROE
62.9%▲
2019 · -324.9%
Interest coverage
49.75
Debt ≤ 1 year
€189,058▼
2019 · €207,402
Staff costs
€23,361
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 44 lines
Balance sheet Code20192020
Assets
Total assets20/58€213,486€205,436▼
Fixed assets21/28€9,014€4,160▼
Tangible fixed assets22/27€6,204€1,350▼
Plant, machinery and equipment23-€1,350
Financial fixed assets28€2,810€2,810=
Current assets29/58€204,472€201,276▼
Stocks and contracts in progress3€30,000€30,000=
Stocks30/36-€30,000
Amounts receivable within one year40/41€153,368€171,060▲
Trade receivables40-€72,697
Other amounts receivable41-€98,363
Cash at bank and in hand54/58€21,104€216▼
Equity and liabilities
Total equity and liabilities10/49€213,486€205,436▼
Equity10/15€6,084€16,378▲
Contributions10/11€18,600€18,600=
Capital10-€18,600
Issued capital100-€18,600
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Legal reserve130-€1,860
Profit (loss) carried forward14-€14,376-€4,082▲
Amounts payable17/49€207,402€189,058▼
Amounts payable within one year42/48€207,402€189,058▼
Trade debts44€125,815€91,632▼
Suppliers440/4-€91,632
Taxes, remuneration and social security45-€26,776
Taxes450/3-€7,881
Remuneration and social security454/9-€18,895
Other amounts payable47/48-€70,650
Income statement Code20192020
Turnover70-€330,401
Goods, raw materials, services and sundry goods60/61-€294,396
Remuneration, social security and pensions62-€23,361
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,056€5,404▲
Other operating charges640/8-€3,455
Non-recurring operating charges66A-€1,500
Gross operating margin9900€3,364€44,336▲
Operating profit (loss)9901-€19,367€10,616▲
Financial charges65/66B-€322
Recurring financial charges65€401€322▼
Profit (loss) for the period before taxes9903-€19,768€10,294▲
Profit (loss) for the period9904-€19,768€10,294▲
Profit (loss) for the period to be appropriated9905-€19,768€10,294▲
Appropriation of the result
Profit (loss) to be appropriated9906--€4,082
Profit (loss) brought forward from the previous period14P--€14,376

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020Change
Turnover70-€330,401-
Goods, raw materials, services and sundry goods60/61-€294,396-
Remuneration, social security and pensions62-€23,361-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,056€5,404▲ 6.9%
Other operating charges640/8-€3,455-
Non-recurring operating charges66A-€1,500-
Gross operating margin9900€3,364€44,336▲ 1,218%
Operating profit (loss)9901-€19,367€10,616▲ 155%
Financial charges65/66B-€322-
Recurring financial charges65€401€322▼ 19.7%
Profit (loss) for the period before taxes9903-€19,768€10,294▲ 152%
Profit (loss) for the period9904-€19,768€10,294▲ 152%
Profit (loss) for the period to be appropriated9905-€19,768€10,294▲ 152%
Line20192020Change
Assets
Total assets20/58€213,486€205,436▼ 3.8%
Fixed assets21/28€9,014€4,160▼ 53.8%
Tangible fixed assets22/27€6,204€1,350▼ 78.2%
Plant, machinery and equipment23-€1,350-
Financial fixed assets28€2,810€2,810=
Current assets29/58€204,472€201,276▼ 1.6%
Stocks and contracts in progress3€30,000€30,000=
Stocks30/36-€30,000-
Amounts receivable within one year40/41€153,368€171,060▲ 11.5%
Trade receivables40-€72,697-
Other amounts receivable41-€98,363-
Cash at bank and in hand54/58€21,104€216▼ 99.0%
Equity and liabilities
Total equity and liabilities10/49€213,486€205,436▼ 3.8%
Equity10/15€6,084€16,378▲ 169%
Contributions10/11€18,600€18,600=
Capital10-€18,600-
Issued capital100-€18,600-
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860-
Legal reserve130-€1,860-
Profit (loss) carried forward14-€14,376-€4,082▲ 71.6%
Amounts payable17/49€207,402€189,058▼ 8.8%
Amounts payable within one year42/48€207,402€189,058▼ 8.8%
Trade debts44€125,815€91,632▼ 27.2%
Suppliers440/4-€91,632-
Taxes, remuneration and social security45-€26,776-
Taxes450/3-€7,881-
Remuneration and social security454/9-€18,895-
Other amounts payable47/48-€70,650-
Line20192020Change
Profit (loss) for the period9904-€19,768€10,294▲ 152%
+ Depreciation and write-downs630€5,056€5,404▲ 6.9%
Operating cash flow (approximation)-€14,712€15,698▲ 207%
Investment in fixed assets (approximation)--€550-
Change in cash--€20,888-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2022
12-10
Bankruptcy Judicial dissolution, liquidator appointed
Tribunal de l’entreprise francophone de Bruxelles · event 06-10-2022
2021
04-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
30-06
Financial Back to profitnet €10,294
Net result €10,294 after one loss-making year.
13-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
07-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
03-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 184 days late
2017
15-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 15 days late
2016
12-02
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 12 days late
2015
10-03
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 38 days late
2014
15-04
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 74 days late
2012
19-12
NBB filing Annual accounts filed
fiscal year 2012 · full schema
29-02
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has 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.

Directors · office · real estate

Directors
4 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, Elsene · 1 establishment unit since 2009
seat establishment approximate The establishment unit on the map
Ground area
983 m²
Building footprint
417 m²
Volume, LiDAR
5,167 m³
Parcel 21009A0928/00F000, Brussels · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
READY PNEU
Waverse Steenweg 1322, 1050 ElseneNACE 4511201
since 20092.176.590.918
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0928/00F000 Brussels 983 m² 1 · 417 m² 16.9 m · 5 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, comparable size

Of 7,378 companies in sector 95311 we hold annual accounts for 2,963. 1,491 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded05-03-2009
Fiscal year end30-06
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Contact
E-mail readypneu@skynet.be
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 29 September 2026 · Peppol Directory

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