KARLSUN
ActiveSummary
The 2025 annual accounts show equity of €24,741 and a net result of -€846. Equity remains stable across the filed fiscal years (±2% per year).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▲+1
Solvency33▼-1
Growth58=
Track record-
Credit verdict
No credit on open account
Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 91.7% and cash: 0% of total assets), and 91.7% of the assets are financed with debt.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
5 d early
2022
2 d early
2021
5 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 2 days before 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)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€0
Total assets
€297,702▼ 0.2%
2024 · €298,322
Net result
-€846▲ 64.4%
2024 · -€2,378
Working capital
-€271,317▼ 0.3%
2024 · -€270,470
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
Line20212022202320242025
Turnover
Operating result-€1,512-€1,870▼ 23.7%-€2,017▼ 7.9%-€1,714▲ 15.0%-€559▲ 67.4%
Net result-€3,185-€3,246▼ 1.9%-€3,287▼ 1.2%-€2,378▲ 27.6%-€846▲ 64.4%
Equity€30,499▼ 9.5%€31,252▲ 2.5%€27,965▼ 10.5%€25,587▼ 8.5%€24,741▼ 3.3%
Total assets€298,079▲ 0.3%€298,202=€298,322=€298,322=€297,702▼ 0.2%
Debt€267,580▲ 1.5%€266,949▼ 0.2%€270,356▲ 1.3%€272,734▲ 0.9%€272,961▲ 0.1%
Working capital-€216,996▼ 9.4%-€232,099▼ 7.0%-€251,572▼ 8.4%-€270,470▼ 7.5%-€271,317▼ 0.3%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €559 in 2025 against €1,714 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €297,702
Fixed assets
€296,058 =
Current assets
€1,644 ▼ 27.4%
Equity and liabilities €297,702
Equity
€24,741 ▼ 3.3%
Debt
€272,961 ▲ 0.1%
Debt's share of the balance-sheet total rises from 91.4% to 91.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.01▼
2024 · 0.01
Debt to equity
11.03▲
2024 · 10.66
ROE
-3.4%▲
2024 · -9.3%
ROA
-0.3%▲
2024 · -0.8%
Debt ≤ 1 year
€272,961▲
2024 · €272,734
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €1,726 | - | - | - | - | - |
| Other operating charges640/8 | €199 | €57 | €64 | €64 | €66 | ▲ 3.0% |
| Gross operating margin9900 | -€1,313 | -€1,813 | -€1,954 | -€1,651 | -€493 | ▲ 70.1% |
| Operating profit (loss)9901 | -€1,512 | -€1,870 | -€2,017 | -€1,714 | -€559 | ▲ 67.4% |
| Financial charges65/66B | €1,672 | €1,376 | €1,269 | €664 | €288 | ▼ 56.7% |
| Recurring financial charges65 | €1,672 | €1,376 | €1,269 | €664 | €288 | ▼ 56.7% |
| Profit (loss) for the period before taxes9903 | -€3,185 | -€3,246 | -€3,287 | -€2,378 | -€846 | ▲ 64.4% |
| Profit (loss) for the period9904 | -€3,185 | -€3,246 | -€3,287 | -€2,378 | -€846 | ▲ 64.4% |
| Profit (loss) for the period to be appropriated9905 | -€3,185 | -€3,246 | -€3,287 | -€2,378 | -€846 | ▲ 64.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €298,079 | €298,202 | €298,322 | €298,322 | €297,702 | ▼ 0.2% |
| Fixed assets21/28 | €296,058 | €296,058 | €296,058 | €296,058 | €296,058 | = |
| Tangible fixed assets22/27 | €296,058 | €296,058 | €296,058 | €296,058 | €296,058 | = |
| Land and buildings22 | €296,058 | €296,058 | €296,058 | €296,058 | €296,058 | = |
| Plant, machinery and equipment23 | €0 | €0 | €0 | €0 | €0 | - |
| Current assets29/58 | €2,021 | €2,144 | €2,264 | €2,264 | €1,644 | ▼ 27.4% |
| Amounts receivable within one year40/41 | €1,013 | €1,314 | €1,644 | €1,644 | €1,644 | = |
| Trade receivables40 | €0 | - | - | - | - | - |
| Other amounts receivable41 | €1,013 | €1,314 | €1,644 | €1,644 | €1,644 | = |
| Cash at bank and in hand54/58 | €1,009 | €830 | €620 | €620 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €298,079 | €298,202 | €298,322 | €298,322 | €297,702 | ▼ 0.2% |
| Equity10/15 | €30,499 | €31,252 | €27,965 | €25,587 | €24,741 | ▼ 3.3% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Non-distributable reserves130/1 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves not available under the articles1311 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €2,999 | €3,752 | €465 | -€1,913 | -€2,759 | ▼ 44.3% |
| Amounts payable17/49 | €267,580 | €266,949 | €270,356 | €272,734 | €272,961 | ▲ 0.1% |
| Amounts payable after more than one year17 | €48,563 | €32,706 | €16,520 | €0 | - | - |
| Financial debts170/4 | €48,563 | €32,706 | €16,520 | €0 | - | - |
| Amounts payable within one year42/48 | €219,017 | €234,243 | €253,836 | €272,734 | €272,961 | ▲ 0.1% |
| Current portion of amounts payable after more than one year42 | €15,536 | €15,857 | €16,251 | €16,696 | €0 | ▼ 100% |
| Financial debts43 | - | - | €13 | €19 | €919 | ▲ 4,701% |
| Credit institutions430/8 | - | - | €13 | €19 | €919 | ▲ 4,701% |
| Trade debts44 | €8,001 | €2,964 | €5,316 | €6,484 | €7,043 | ▲ 8.6% |
| Suppliers440/4 | €8,001 | €2,964 | €5,316 | €6,484 | €7,043 | ▲ 8.6% |
| Taxes, remuneration and social security45 | €0 | - | - | - | - | - |
| Taxes450/3 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €195,480 | €215,422 | €232,256 | €249,535 | €264,998 | ▲ 6.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,185 | -€3,246 | -€3,287 | -€2,378 | -€846 | ▲ 64.4% |
| Operating cash flow (approximation) | -€3,185 | -€3,246 | -€3,287 | -€2,378 | -€846 | ▲ 64.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€179 | -€210 | €0 | -€620 | - |
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
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €7,466
Net result €7,466 after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 2003
Ground area
567 m²
Building footprint
161 m²
Volume, LiDAR
981 m³
Parcel 12322I0439/00G006, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KARLSUN
since 20032.133.461.847
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322I0439/00G006 | Flanders | 567 m² | 1 · 161 m² | 11.6 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.
Insolvency mandates
The mandate source could not be read just now. That does not mean there are no mandates, only that we do not know at this moment.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded12-08-2003
Fiscal year end30-09
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
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.