KARIMDEP
InactiveKARIMDEP was declared bankrupt on 12-09-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 29-10-2024, published in the Belgian State Gazette on 12-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 13-08-2021, 13 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
13 d late
2019
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 5 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
€46,998▼ 66.6%
2019 · €140,804
Total assets
€373,179▲ 0.2%
2019 · €372,359
Net result
-€93,806
2019 · €25,426
Working capital
€40,846▼ 68.6%
2019 · €130,133
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€114,677-€41,573▼ 63.7%-€96,565
Net result€74,880-€25,426▼ 66.0%-€93,806
Equity€115,378-€140,804▲ 22.0%€46,998▼ 66.6%
Total assets€384,706-€372,359▼ 3.2%€373,179▲ 0.2%
Debt€269,328-€231,555▼ 14.0%€326,181▲ 40.9%
Working capital€137,249-€130,133▼ 5.2%€40,846▼ 68.6%
Staff (FTE)2.1-1.2▼ 42.9%2.3▲ 91.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €96,565 after €41,573 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €373,179
Fixed assets
€6,152 ▼ 42.3%
Current assets
€367,027 ▲ 1.5%
Equity and liabilities €373,179
Equity
€46,998 ▼ 66.6%
Debt
€326,181 ▲ 40.9%
Debt's share of the balance-sheet total rises from 62.2% to 87.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€90,656▼
2019 · €47,226
Cash flow
-€87,897▼
2019 · €31,079
Current ratio
1.13▼
2019 · 1.56
Quick ratio
0.70▼
2019 · 0.95
ROE
-199.6%▼
2019 · 18.1%
ROA
-25.1%▼
2019 · 6.8%
Debt ≤ 1 year
€326,181▲
2019 · €231,555
Income taxes
-€6,315▼
2019 · €13,868
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,986 | €5,653 | €5,909 | ▲ 4.5% |
| Gross operating margin9900 | €201,961 | €79,453 | -€61,332 | ▼ 177% |
| Operating profit (loss)9901 | €114,677 | €41,573 | -€96,565 | ▼ 332% |
| Recurring financial income75 | €376 | €1,124 | €509 | ▼ 54.7% |
| Recurring financial charges65 | €4,397 | €3,403 | €4,065 | ▲ 19.5% |
| Profit (loss) for the period before taxes9903 | €110,656 | €39,294 | -€100,121 | ▼ 355% |
| Income taxes67/77 | €35,776 | €13,868 | -€6,315 | ▼ 146% |
| Profit (loss) for the period9904 | €74,880 | €25,426 | -€93,806 | ▼ 469% |
| Profit (loss) for the period to be appropriated9905 | €74,880 | €25,426 | -€93,806 | ▼ 469% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €384,706 | €372,359 | €373,179 | ▲ 0.2% |
| Fixed assets21/28 | €14,629 | €10,671 | €6,152 | ▼ 42.3% |
| Tangible fixed assets22/27 | €13,352 | €9,394 | €4,875 | ▼ 48.1% |
| Financial fixed assets28 | €1,277 | €1,277 | €1,277 | = |
| Current assets29/58 | €370,077 | €361,688 | €367,027 | ▲ 1.5% |
| Stocks and contracts in progress3 | €151,360 | €142,410 | €140,044 | ▼ 1.7% |
| Amounts receivable within one year40/41 | €182,254 | €197,987 | €200,214 | ▲ 1.1% |
| Cash at bank and in hand54/58 | €36,463 | €12,392 | €24,715 | ▲ 99.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €384,706 | €372,359 | €373,179 | ▲ 0.2% |
| Equity10/15 | €115,378 | €140,804 | €46,998 | ▼ 66.6% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €94,918 | €120,344 | €26,538 | ▼ 77.9% |
| Amounts payable17/49 | €269,328 | €231,555 | €326,181 | ▲ 40.9% |
| Amounts payable within one year42/48 | €232,828 | €231,555 | €326,181 | ▲ 40.9% |
| Trade debts44 | €28,797 | €65,824 | €100,468 | ▲ 52.6% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,880 | €25,426 | -€93,806 | ▼ 469% |
| + Depreciation and write-downs630 | €4,986 | €5,653 | €5,909 | ▲ 4.5% |
| Operating cash flow (approximation) | €79,866 | €31,079 | -€87,897 | ▼ 383% |
| Investment in fixed assets (approximation) | - | -€1,695 | -€1,390 | ▲ 18.0% |
| Change in cash | - | -€24,071 | €12,323 | ▲ 151% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
12-11
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · event 29-10-2024
2022
20-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 12-09-2022
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Weakest financial yearnet -€93,806
Net result drops to -€93,806, the lowest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
16-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
16-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
14-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 29 days late
2012
26-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EMMANUELLE BOUILLON CHAUSSEE DE LA
HULPE 187, 1170 BRUXELLES 17 |
12-09-2022 → 29-10-2024 |