Skip to content

KARIFO

Active
Private limited companyfounded 20232 yrs activeGriet 13, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 1003.625.940
Summary

KARIFO has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,624 and a net result of €19,191. Its solvency ranks better than 43% of 12819 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability98=
Solvency74▲+20
Growth78
Track record82
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.2 against 0.66 in 2024; short-term debt: 46.8% and cash: 4% of total assets), and 50.8% of the assets are financed with debt.
Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer 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 · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.2%
Return on assets
23.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
60 d early
2024
51 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 56 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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

On 19 December 2023, KARIFO was incorporated 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

Go further with this company

Is this your company? See how customers and banks see it.

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

Financials · fiscal year 2025, micro schema

Equity
€40,624▲ 82.2%
2024 · €22,292
Total assets
€82,629▲ 7.3%
2024 · €76,978
Net result
€19,191▲ 6.1%
2024 · €18,092
Working capital
€7,900
2024 · -€17,413
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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
Line20242025
Operating result€24,595-€27,128▲ 10.3%
Net result€18,092within the sector's middle half-€19,191within the sector's middle half▲ 6.1%
Equity€22,292below the sector's middle half-€40,624within the sector's middle half▲ 82.2%
Total assets€76,978below the sector's middle half-€82,629below the sector's middle half▲ 7.3%
Debt€54,685-€42,005▼ 23.2%
Working capital-€17,413below the sector's middle half-€7,900within the sector's middle half
Solvency29.0%below the sector's middle half-49.2%within the sector's middle half▲ 20.2pp
Current ratio0.66below the sector's middle half-1.20within the sector's middle half▲ 0.55
Return on assets (ROA)23.5%within the sector's middle half-23.2%within the sector's middle half▼ 0.3pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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
€0€10,000€20,000€30,000Operating result 2024: €24,595€24,595Net result 2024: €18,092€18,092Operating result 2025: €27,128€27,128Net result 2025: €19,191€19,19120242025€0€10,000€20,000€30,000Operating result 2024: €24,595€24,600Net result 2024: €18,092€18,100Operating result 2025: €27,128€27,100Net result 2025: €19,191€19,20020242025
The operating result rises in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82,629
Fixed assets €36,056 ▼ 17.9%
Current assets €46,573 ▲ 40.8%
Equity and liabilities €82,629
Equity €40,624 ▲ 82.2%
Debt €42,005 ▼ 23.2%
Debt's share of the balance-sheet total falls from 71.0% to 50.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€34,981▲
2024 · €28,511
Cash flow
€27,044▲
2024 · €22,008
Debt to equity
1.03▼
2024 · 2.45
ROE
47.2%▼
2024 · 81.2%
Interest coverage
19.79▼
2024 · 78.48
Debt ≤ 1 year
€38,673▼
2024 · €50,481
Income taxes
€6,190▲
2024 · €6,139
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€76,978€82,629▲
Fixed assets21/28€43,909€36,056▼
Intangible fixed assets21€28,504€25,504▼
Tangible fixed assets22/27€15,405€10,552▼
Furniture and vehicles24€15,405€10,552▼
Current assets29/58€33,069€46,573▲
Amounts receivable within one year40/41€20,263€31,038▲
Trade receivables40€20,254€27,216▲
Other amounts receivable41€9€3,822▲
Current investments50/53-€9,000
Cash at bank and in hand54/58€10,823€3,341▼
Deferred charges and accrued income490/1€1,983€3,194▲
Equity and liabilities
Total equity and liabilities10/49€76,978€82,629▲
Equity10/15€22,292€40,624▲
Contributions10/11€5,000€5,000=
Reserves13€17,292€17,292=
Distributable reserves133€17,292€17,292=
Profit (loss) carried forward14-€18,332
Amounts payable17/49€54,685€42,005▼
Amounts payable within one year42/48€50,481€38,673▼
Trade debts44€346€156▼
Suppliers440/4€346€156▼
Taxes, remuneration and social security45€5,029€5,332▲
Taxes450/3€5,029€2,974▼
Remuneration and social security454/9-€2,358
Other amounts payable47/48€45,107€33,185▼
Accrued charges and deferred income492/3€4,204€3,332▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,916€7,853▲
Other operating charges640/8€515€1,051▲
Gross operating margin9900€29,026€36,032▲
Operating profit (loss)9901€24,595€27,128▲
Financial income75/76B-€22
Recurring financial income75-€22
Financial charges65/66B€363€1,768▲
Recurring financial charges65€363€1,768▲
Profit (loss) for the period before taxes9903€24,231€25,381▲
Income taxes67/77€6,139€6,190▲
Profit (loss) for the period9904€18,092€19,191▲
Profit (loss) for the period to be appropriated9905€18,092€19,191▲
Appropriation of the result
Profit (loss) to be appropriated9906€18,092€19,191▲
Transfer to equity691/2€17,292-
To other reserves6921€17,292-
Profit to be distributed694/7€800€859▲
Return on contributions (dividend)694€800€859▲

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

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,916€7,853▲ 101%
Other operating charges640/8€515€1,051▲ 104%
Gross operating margin9900€29,026€36,032▲ 24.1%
Operating profit (loss)9901€24,595€27,128▲ 10.3%
Financial income75/76B-€22-
Recurring financial income75-€22-
Financial charges65/66B€363€1,768▲ 387%
Recurring financial charges65€363€1,768▲ 387%
Profit (loss) for the period before taxes9903€24,231€25,381▲ 4.7%
Income taxes67/77€6,139€6,190▲ 0.8%
Profit (loss) for the period9904€18,092€19,191▲ 6.1%
Profit (loss) for the period to be appropriated9905€18,092€19,191▲ 6.1%
Line20242025Change
Assets
Total assets20/58€76,978€82,629▲ 7.3%
Fixed assets21/28€43,909€36,056▼ 17.9%
Intangible fixed assets21€28,504€25,504▼ 10.5%
Tangible fixed assets22/27€15,405€10,552▼ 31.5%
Furniture and vehicles24€15,405€10,552▼ 31.5%
Current assets29/58€33,069€46,573▲ 40.8%
Amounts receivable within one year40/41€20,263€31,038▲ 53.2%
Trade receivables40€20,254€27,216▲ 34.4%
Other amounts receivable41€9€3,822▲ 43,185%
Current investments50/53-€9,000-
Cash at bank and in hand54/58€10,823€3,341▼ 69.1%
Deferred charges and accrued income490/1€1,983€3,194▲ 61.1%
Equity and liabilities
Total equity and liabilities10/49€76,978€82,629▲ 7.3%
Equity10/15€22,292€40,624▲ 82.2%
Contributions10/11€5,000€5,000=
Reserves13€17,292€17,292=
Distributable reserves133€17,292€17,292=
Profit (loss) carried forward14-€18,332-
Amounts payable17/49€54,685€42,005▼ 23.2%
Amounts payable within one year42/48€50,481€38,673▼ 23.4%
Trade debts44€346€156▼ 54.9%
Suppliers440/4€346€156▼ 54.9%
Taxes, remuneration and social security45€5,029€5,332▲ 6.0%
Taxes450/3€5,029€2,974▼ 40.9%
Remuneration and social security454/9-€2,358-
Other amounts payable47/48€45,107€33,185▼ 26.4%
Accrued charges and deferred income492/3€4,204€3,332▼ 20.7%
Line20242025Change
Profit (loss) for the period9904€18,092€19,191▲ 6.1%
+ Depreciation and write-downs630€3,916€7,853▲ 101%
Operating cash flow (approximation)€22,008€27,044▲ 22.9%
Investment in fixed assets (approximation)-€0-
Change in cash--€7,481-

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

Next filing, fiscal year 2026, expected by 31-01-2027
2025
02-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
11-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has 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.

Directors · office · real estate

Directors
1 act for this company is 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, Erpe-Mere · 2 establishment units since 2023
seat establishment All 2 establishment units on the map
Ground area
1,551 m²
Building footprint
326 m²
Volume, LiDAR
2,260 m³
2 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
KARIFO
Griet 13, 9420 Erpe-MereActivities of lawyers
since 20232.353.285.821
KARIFO
Politiekegevangenenstraat 33, 9600 RonseActivities of lawyers
since 20232.353.285.920
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41001B0488/00H000 Flanders 839 m² 1 · 149 m² 7.5 m · 2 fl.
45422C0161/00S002 Flanders 711 m² 1 · 176 m² 12.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 721 EUR awarded · 721 EUR paid
Year Entries awardedpaid
2025 1 515 EUR515 EUR
2024 1 206 EUR206 EUR
Schemes
2 entries · 721 EUR · 721 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 7,018 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
Founded19-12-2023
Fiscal year end30-06
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003625940
Also 9925:BE1003625940
Registered 01-12-2025

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

Register as of 28 September 2026 · Peppol Directory

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