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KARLIS

Active
Public limited companyfounded 200521 yrs activeZomerstraat-Oost 22, 8730 Beernem, BelgiumKBO/BCE: BE 0875.353.734
Summary

KARLIS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €301,309 and a net result of €151,678. Equity is shrinking by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Electricity, gas, steam and air conditioning supply
NACE 35150
1 site
Size
€621,540total assets 2025
Equity
€301,309
Profit
€151,678
Turnover not published (abridged schema)Net result +279%: other schema
Financial health
96 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts filed 25 d late0 of 8 deeds read
Why 96+ Size: total assets €621,540+ Founded in 2005+ Liquidity: current ratio 0.51, cash €105,529+ Figures for FY 2025 (filed 25-08-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 70% of its sector peers (NACE 35, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 73+19
equity 48.5% of total assets
Liquidity 49+17
short-term debt 45.1% · cash 17.0%
Profitability 99+21
return on assets 24.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (535 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%▲ +4.8% vs 01-2025 03-2025: 0.1%▲ +3.1% vs 02-2025 04-2025: 0.1%▼ -1.5% vs 03-2025 05-2025: 0.1%▲ +13.6% vs 04-2025 06-2025: 0.1%▲ +14.7% vs 05-2025 07-2025: 0.1%▼ -23.3% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▲ +12.1% vs 03-2026 05-2026: 0.1%▲ +4.1% vs 04-2026 06-2026: 0.1%▼ -3.9% vs 05-2026 07-2026: 0.1%▲ +12.2% vs 06-2026 08-2026: 0.2%▲ +149% vs 07-2026highest value 09-2026: < 0.1%▼ -80.2% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Size: total assets €621,540 lowers the probability for this profile
  • Founded in 2005 lowers the probability for this profile
  • Liquidity: current ratio 0.51, cash €105,529 lowers the probability
  • Figures for FY 2025 (filed 25-08-2026) lowers the probability
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.27 in 2024; short-term debt: 45.1% and cash: 17% of total assets), and 51.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 35, micro). Better than this share of them on solvency 57%, liquidity 38%, profitability 91%, growth against the median 93%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Size: total assets €621,540
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2005
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 0.51, cash €105,529
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 25-08-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €301,309
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
25 d late
2024
34 d early
2023
15 d early
2022
24 d early
2021
16 d late
2020
31 d late
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% 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. Usually files around 17 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2018net €151,678 ▲279%
  3. Equity above €200,000Eq €301,309 ▲101%

Key points

  • Positive: Result rose in 2025different schema filed ▲ 279% View
  • Positive: 8 profitable years in a rowprofit 2025: €151,678 8 years View
  • Total assets 20256 fiscal years filed €621,540 View

By topic

Financials

Fiscal year
2025
Total assets
€621,540
Profit
€151,678
Solvency
48.5%
Total assets▲ 20.2%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 25-08-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 31-12-2025Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Electricity, gas, steam and air conditioning supplyNACE 35150
Founded
01-08-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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