Skip to content

Karimmo

Active
Private limited companyfounded 200521 yrs activeRijkmakerlaan 38, 2910 Essen, BelgiumKBO/BCE: BE 0873.403.143
Summary

Karimmo has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €254,031 and a net result of €2,768. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 58% of 19362 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2022
Profitability39▲+2
Solvency66▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
short-term debt: 59.1% of total assets, and 59.1% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 confirmed
2024
71 d late
2022
516 d late
2021
77 d late
2020
83 d late
2019
236 d late
2018
71 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 176 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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

Karimmo was incorporated on 22 April 2005.1 Total assets went from EUR 626,717 in 2018 to EUR 620,775 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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 2024, micro schema

Equity
€254,031▲ 2.3%
2022 · €248,369
Total assets
€620,775=
2022 · €620,775
Net result
€2,768
2022 · -€175
Working capital
-€277,759▼ 17.9%
2020 · -€235,625
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
Line20182020202120222024
Operating result€50,501-€10,674--€3,272€4,748€5,666-
Net result€22,023-€808--€6,199-€175▲ 97.2%€2,768-
Equity€235,846-€254,743-€248,544▼ 2.4%€248,369▼ 0.1%€254,031-
Total assets€626,717-€620,782-€622,555▲ 0.3%€620,775▼ 0.3%€620,775-
Debt€390,870-€366,039-€374,010▲ 2.2%€372,406▼ 0.4%€366,744-
Working capital-€187,724--€235,625--€277,759▼ 17.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2018: €50,501€50,501Net result 2018: €22,023€22,023Operating result 2020: €10,674€10,674Net result 2020: €808€808Operating result 2021: -€3,272-€3,272Net result 2021: -€6,199-€6,199Operating result 2022: €4,748€4,748Net result 2022: -€175-€175Operating result 2024: €5,666€5,666Net result 2024: €2,768€2,76820182020202120222024-€10,000-€5,000€0€5,000Operating result 2021: -€3,272-€3,270Net result 2021: -€6,199-€6,200Operating result 2022: €4,748€4,750Net result 2022: -€175-€175Operating result 2024: €5,666€5,670Net result 2024: €2,768€2,770202120222024
The operating result is €5,666 in 2024, compared with €4,748 in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Equity and liabilities €620,775
Equity €254,031 ▲ 2.3%
Debt €366,744 ▼ 1.5%
Debt's share of the balance-sheet total falls from 60.0% to 59.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2022
Debt to equity
1.44▼
2022 · 1.50
ROE
1.1%▲
2022 · -0.1%
ROA
0.4%▲
2022 · 0.0%
Debt ≤ 1 year
€366,744▲
2022 · €315,595
Income taxes
€277
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 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% 1.6%
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 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 14,684 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 against 2022 · 40 lines
Balance sheet Code20222024
Assets
Total assets20/58€620,775€620,775=
Fixed assets21/28€620,775€620,775=
Tangible fixed assets22/27€620,775€620,775=
Land and buildings22€620,775€620,775=
Equity and liabilities
Total equity and liabilities10/49€620,775€620,775=
Equity10/15€248,369€254,031▲
Contributions10/11€170,000€170,000=
Outside capital11€170,000€170,000=
Other1109/19€170,000€170,000=
Reserves13€78,544€81,312▲
Non-distributable reserves130/1€17,000€17,000=
Reserves not available under the articles1311€17,000€17,000=
Distributable reserves133€61,544€64,312▲
Profit (loss) carried forward14-€175€2,718▲
Amounts payable17/49€372,406€366,744▼
Amounts payable after more than one year17€56,810-
Financial debts170/4€56,810-
Amounts payable within one year42/48€315,595€366,744▲
Current portion of amounts payable after more than one year42€37,190€48,299▲
Financial debts43€5,640€5,640=
Credit institutions430/8€5,640€5,640=
Trade debts44€4,774€4,301▼
Suppliers440/4€4,774€4,301▼
Taxes, remuneration and social security45€31,855€31,481▼
Taxes450/3€31,855€31,481▼
Other amounts payable47/48€236,137€277,023▲
Income statement Code20222024
Goods, raw materials, services and sundry goods60/61€400€714▲
Other operating charges640/8€2,352€1,120▼
Gross operating margin9900€7,100€6,786▼
Operating profit (loss)9901€4,748€5,666▲
Financial charges65/66B€4,923€2,621▼
Recurring financial charges65€4,923€2,621▼
Profit (loss) for the period before taxes9903-€175€3,045▲
Income taxes67/77-€277
Profit (loss) for the period9904-€175€2,768▲
Profit (loss) for the period to be appropriated9905-€175€2,768▲
Appropriation of the result
Profit (loss) to be appropriated9906-€175€5,486▲
Profit (loss) brought forward from the previous period14P-€2,718
Transfer to equity691/2-€2,768
To other reserves6921-€2,768

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182020202120222024Change
Goods, raw materials, services and sundry goods60/61---€400€714-
Other operating charges640/8--€2,598€2,352€1,120-
Gross operating margin9900€53,193€13,153-€674€7,100€6,786-
Operating profit (loss)9901€50,501€10,674-€3,272€4,748€5,666-
Financial charges65/66B--€2,927€4,923€2,621-
Recurring financial charges65€15,076€9,573€2,927€4,923€2,621-
Profit (loss) for the period before taxes9903€35,425€1,102-€6,199-€175€3,045-
Income taxes67/77€13,402€294--€277-
Profit (loss) for the period9904€22,023€808-€6,199-€175€2,768-
Profit (loss) for the period to be appropriated9905€22,023€808-€6,199-€175€2,768-
Line20182020202120222024Change
Assets
Total assets20/58€626,717€620,782€622,555€620,775€620,775-
Fixed assets21/28€620,775€620,775€620,775€620,775€620,775-
Tangible fixed assets22/27€620,775€620,775€620,775€620,775€620,775-
Land and buildings22--€620,775€620,775€620,775-
Current assets29/58€5,942€7€1,780---
Amounts receivable within one year40/41€5,920-€1,750---
Other amounts receivable41--€1,750---
Cash at bank and in hand54/58€22€7€30---
Equity and liabilities
Total equity and liabilities10/49€626,717€620,782€622,555€620,775€620,775-
Equity10/15€235,846€254,743€248,544€248,369€254,031-
Contributions10/11€170,000-€170,000€170,000€170,000-
Outside capital11---€170,000€170,000-
Other1109/19---€170,000€170,000-
Reserves13€65,846€83,936€78,544€78,544€81,312-
Non-distributable reserves130/1--€17,000€17,000€17,000-
Reserves not available under the articles1311--€17,000€17,000€17,000-
Distributable reserves133--€61,544€61,544€64,312-
Profit (loss) carried forward14-€808--€175€2,718-
Amounts payable17/49€390,870€366,039€374,010€372,406€366,744-
Amounts payable after more than one year17€197,205€130,407€94,471€56,810--
Financial debts170/4--€94,471€56,810--
Amounts payable within one year42/48€193,666€235,632€279,539€315,595€366,744-
Current portion of amounts payable after more than one year42--€35,936€37,190€48,299-
Financial debts43--€5,640€5,640€5,640-
Credit institutions430/8--€5,640€5,640€5,640-
Trade debts44€3,741€9,563€6,474€4,774€4,301-
Suppliers440/4--€6,474€4,774€4,301-
Taxes, remuneration and social security45--€33,605€31,855€31,481-
Taxes450/3--€33,605€31,855€31,481-
Other amounts payable47/48--€197,884€236,137€277,023-
Line20182020202120222024Change
Profit (loss) for the period9904€22,023€808-€6,199-€175€2,768-
Operating cash flow (approximation)€22,023€808-€6,199-€175€2,768-
Investment in fixed assets (approximation)--€0€0--
Change in cash--€22---

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

2025
10-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial Back to profitnet €2,768
Net result €2,768 after 2 loss-making years.
28-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 516 days late
2022
16-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
31-12
Financial Weakest financial yearnet -€6,199
Net result drops to -€6,199, the lowest in the series; recovery starts the following year.
22-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 83 days late
24-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 236 days late
2019
10-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
17-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 48 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Essen · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
9,960 m²
Building footprint
372 m²
Volume, LiDAR
2,080 m³
Parcel 11016B0709/00C000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Karimmo
Rijkmakerlaan 38, 2910 EssenNACE 7020301
since 20052.157.090.651
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11016B0709/00C000 Flanders 9,960 m² 1 · 372 m² 7.3 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, comparable size

Of 7,326 companies in sector 68110 we hold annual accounts for 5,384. 3,855 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
Founded22-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
77120Rental and leasing activities
77320Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 26 September 2026 · Peppol Directory

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