Financials
- Financial year
- 2025
- Total assets
- €1.5m
- Profit
- €20,838
- Solvency
- 25.0%
Total assets▲ 1.5%
Net result
20182025
KARMEN
ActiveSummary
KARMEN has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €380,133 and a net result of €20,838. Equity is growing by about 6% per year across the filed financial years. Its solvency ranks better than 37% of 12,737 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Retail sale of electrical household appliances
NACE 47540Retail sale of hardware, building materials, paint and glass (general range) NACE 47521
1 site
Size
≈ €1.5mturnover 2025, estimated
- Staff
- 2.9 FTE
- Equity
- €380,133
- Profit
- €20,838
Turnover estimated from the gross margin
Structure
- WEYTJENS Leon MathijsDirector
- WEYTJENS Mark ChrisDirector
2025 accounts 15 days early1 of 5 deeds summarised
Why 69raises risk1 of the last 3 lateLiquidity: current ratio 0.49, cash €17,391lowers riskFounded in 2015Size: 2.9 FTE, total assets €1.5mShow the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 39% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency
50+1
equity 25.0% of total assets
Liquidity
26-3
short-term debt 50.2% · cash 1.1%
Profitability
55-3
return on assets 1.4%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.7%
12-2024: 1.7%● unchanged vs 11-2024
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 1.7%● unchanged vs 04-2025
06-2025: 1.9%▲ +0.2 percentage points vs 05-2025
07-2025: 1.9%● unchanged vs 06-2025
08-2025: 2.2%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 1.0%▼ -1.2 percentage points vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 0.9%▼ -0.1 percentage points vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 1.0%▲ +0.1 percentage points vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026
08-2026: 0.7%▼ -0.4 percentage points vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.6%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.49, compared with 0.43 in 2024, below 1; short-term debt: 50.2% and cash: 1.1% of total assets), and 75% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 41% on solvency, 24% on liquidity, 39% on profitability and 53% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 days early
2024
28 days late
2023
76 days late
2022
67 days late
2021
198 days late
2020
31 days late
2019
90 days late
← 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 68 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 October (4 of the last 5 filed years within 82 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Highest result from 2018 to 2025net €23,160 ▲5.3%
Key points
By topic
Board & ownership
- Board
- 2 members
- Known shareholders
- 100%
- WEYTJENS Leon MathijsDirector
- WEYTJENS Mark ChrisDirector
Timeline
- Events
- 13
- Since
- 2016
- Next accounts
- by 31-07-2027
- 15-10-2024Annual accounts filed
- 06-10-2023Annual accounts filed
- 20-03-2023Resignations: WEYTJENS Leon Mathijs (manager) and WEYTJENS…
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of electrical household appliancesNACE 47540
- Founded
- 11-02-2015
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 13
- Annual meeting
- Second Monday of May at 10:00
- Purpose
- “Aan- en verkoop,plaatsing en onderhoud van kachels en haarden; De aan- en verkoop van…” (deed in Dutch)
Key facts about KARMEN
- What is the company number of KARMEN?
- 0597.881.373. In Belgium the VAT number is the company number with BE in front: BE 0597.881.373.
- Where is KARMEN based?
- The registered office is at Wolfstraat 3, 3620 Lanaken.Company details
- What does KARMEN do?
- According to the KBO register, the main activity is retail sale of electrical household appliances (NACE 47540).
- What is the legal form of KARMEN?
- Private limited company (BV).
- When was KARMEN founded?
- On 11-02-2015.
- Is KARMEN still active?
- Yes, KARMEN is an active enterprise in the KBO register.
- How many employees does KARMEN have?
- On average 2.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of KARMEN?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is KARMEN profitable?
- In financial year 2025, KARMEN made a profit of €20,838.
- Where can I find the annual accounts of KARMEN?
- KARMEN filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KARMEN due?
- By 31-07-2027, for financial year 2026.Timeline
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