KAROLA
ActiveKAROLA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.04M and a net result of €37k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 83% of 19351 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 11.62 against 10.32 in 2023; short-term debt: 2.6% and cash: 1.4% of total assets), and 22% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
78%
Return on assets
1.4%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
58 d late
2022
31 d late
2021
58 d late
2020
31 d late
2019
21 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€2.04M▲ 1.8%
2023 · €2.00M
2019: €1.09M
2020: €2.01M
2021: €1.94M
2022: €1.98M
2023: €2.00M
2019 → 2024
Total assets
€2.62M▼ 0.3%
2023 · €2.62M
2019: €1.28M
2020: €2.36M
2021: €2.65M
2022: €2.64M
2023: €2.62M
2019 → 2024
Net result
€37k▲ 32.4%
2023 · €28k
2019: €-49k
2020: €-2k
2021: €-74k
2022: €37k
2023: €28k
2019 → 2024
Working capital
€716k▲ 13.6%
2023 · €630k
2019: €342k
2020: €1.17M
2021: €652k
2022: €563k
2023: €630k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.01M-€1.94M▼ 3.7%€1.98M▲ 1.9%€2.00M▲ 1.4%€2.04M▲ 1.8%
Operating result€506-€-68k€39k€31k▼ 20.0%€30k▼ 2.6%
Net result€-2k-€-74k▼ 3,127%€37k€28k▼ 24.2%€37k▲ 32.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.62M
Fixed assets
€1.83M▼ 4.9%
Current assets
€783k▲ 12.3%
Equity and liabilities €2.62M
Equity
€2.04M▲ 1.8%
Debt
€575k▼ 7.4%
The debt ratio falls from 23.6% to 22.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€141k▼
2023 · €141k
Cash flow
€147k▲
2023 · €138k
Solvency
78.0%▲
2023 · 76.4%
Current ratio
11.62▲
2023 · 10.32
Quick ratio
11.62▲
2023 · 10.32
Debt / equity
0.28▼
2023 · 0.31
ROE
1.8%▲
2023 · 1.4%
ROA
1.4%▲
2023 · 1.1%
Interest coverage
19.05▲
2023 · 16.39
Debt
€575k▼
2023 · €621k
Debt ≤ 1 year
€67k▼
2023 · €68k
Debt > 1 year
€506k▼
2023 · €551k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.62M€2.62M▼
Fixed assets21/28€1.93M€1.83M▼
Tangible fixed assets22/27€1.89M€1.80M▼
Land and buildings22€1.82M€1.72M▼
Plant, machinery and equipment23€69k€79k▲
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€35k€35k=
Current assets29/58€697k€783k▲
Amounts receivable within one year40/41€4k€19k▲
Trade receivables40€2k€6k▲
Other amounts receivable41€2k€14k▲
Current investments50/53€282k€728k▲
Cash at bank and in hand54/58€410k€36k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€2.62M€2.62M▼
Equity10/15€2.00M€2.04M▲
Contributions10/11€145k€145k=
Reserves13€1.86M€1.90M▲
Tax-exempt reserves132€16k€16k=
Distributable reserves133€1.84M€1.88M▲
Amounts payable17/49€621k€575k▼
Amounts payable after more than one year17€551k€506k▼
Financial debts170/4€534k€489k▼
Other amounts payable178/9€17k€17k=
Amounts payable within one year42/48€68k€67k▼
Current portion of amounts payable after more than one year42€44k€45k▲
Trade debts44€12k€11k▼
Suppliers440/4€12k€11k▼
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€8k€8k▲
Other amounts payable47/48€3k€4k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€110k▲
Other operating charges640/8€13k€14k▲
Gross operating margin9900€154k€155k▲
Operating profit (loss)9901€31k€30k▼
Financial income75/76B€3k€14k▲
Recurring financial income75€3k€14k▲
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€26k€37k▲
Income taxes67/77€-2k-
Profit (loss) for the period9904€28k€37k▲
Profit (loss) for the period to be appropriated9905€28k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€37k▲
Transfer to equity691/2€28k€37k▲
To other reserves6921€28k€37k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2019net €37k ▲32.4%
Net result €37k, the highest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Equity above €2MEq €2.00M ▲1.4%
2 profitable years in a row build equity to €2.00M.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Back to profitnet €37k
Net result €37k after 3 loss-making years.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 58 days late
2021
31-12
Financial
Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Liquidity times 12current ratio 33.03
Current ratio from 2.78 to 33.03; short-term debt falls from €192k to €37k.
31-12
Financial
Equity above €2MEq €2.01M ▲85.5%
Equity rises from €1.09M to €2.01M.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lier · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hulststraat 252500 LierGround area
2,827 m²
Building footprint
225 m²
Volume, LiDAR
1,097 m³
Parcel 12393E0372/00E000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KAROLA
since 20182.281.044.575
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393E0372/00E000 | Flanders | 2,827 m² | 1 · 225 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
't Hooghuys
BE 0405.096.249
Zuienkerke · Eq €2.04M
EIKENBLOK
BE 0456.441.913
Grimbergen · Eq €2.05M
Dream House Invest
BE 0558.926.767
Elsene · Eq €2.06M
L'Immobilière Belge
BE 0404.712.011
Antwerpen · Eq €2.06M
De Boer & Partners Brasschaat
BE 0432.029.288
Brasschaat · Eq €2.06M
Of 11,748 companies in sector 68310 we hold annual accounts for 6,906. 2,764 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-2018
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.