Karmika
ActiveSummary
The computed 12-month bankruptcy probability of Karmika is 2.3% (moderate). The 2025 annual accounts show equity of €97,908 and a net result of -€46,222. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 27% of 4,751 sector peers (NACE 56, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- KARMIKA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer” (deed in Dutch)“Enige aandeelhouder heeft van rechtswege alle rechten en verplichtingen van bestuurder” (deed in Dutch)“In statuten en zonder beperking van duur, benoemd voor bepaalde duur of onbepaalde duur mits opzegging” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Enige aandeelhouder, alleen door enige aandeelhouder beslist” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Aandeelhouders, voorstel tot ontbinding” (deed in Dutch)“Van rechtswege ontbonden, overlijden enige aandeelhouder zonder dat aandelen op gerechtigde overgaan” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Naar evenredigheid zonder onderscheid opeisbaar niet opeisbaar onder aftrek disconto, algemene vergadering benoemt een of meerdere…” (deed in Dutch)