Turnover
The micro format states no turnover.
The micro format states no turnover.
Latest accounts filed late: after the legal deadline.
Higher solvency than 93% of companies in food and beverage service. Sector median 29.6% · 18,532 companies.
In July 2024, 17,044 companies had the same profile as KARNAK has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,044 companies, not a prediction for KARNAK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| KARNAK Oudenaarde | €44,261 | €4,475 | 84.9% | - |
| FRAGMAI Fleurus | €41,679 | €4,628 | 19.9% | - |
| 't KLEIN OFFER Haaltert | €32,859 | €4,582 | 47.6% | - |
| DE NAEYER - VAN LIEFFERINGE Erpe-Mere | €33,145 | €6,226 | -66.9% | - |
| NUR GENT Ghent | €47,610 | €3,692 | 54.0% | - |
| BUTERFLY Mechelen | €40,934 | €5,823 | 86.1% | - |
| BOAZZATI Schaerbeek | €56,743 | €4,335 | 32.8% | - |
These companies have the same main activity as KARNAK: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €32,900 and €56,700, founded between 1995 and 2004.
KARNAK files the micro format. That format states no turnover. The gross margin rose from €720 in 2008 to €4,475 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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