Karopsta
ActiveThe computed 12-month bankruptcy probability of Karopsta is 1.9% (moderate). The 2025 annual accounts show equity of €8k and a net result of €47k. Equity is shrinking by ~27.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 12% of 27319 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency16▼-13
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.24 in 2024), and 94.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
5.7%
Return on assets
34.4%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 27319 sector peers (2025).
NBB · sector comparisonPosition among 27319 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
7 d late
2023
26 d early
2022
12 d late
2021
10 d late
2020
45 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▼ 52.6%
2024 · €16k
2020: €8k
2021: €31k
2022: €64k
2023: €17k
2024: €16k
2020 → 2025
Total assets
€135k▲ 64.5%
2024 · €82k
2020: €27k
2021: €68k
2022: €114k
2023: €129k
2024: €82k
2020 → 2025
Net result
€47k▲ 236%
2024 · €14k
2020: €6k
2021: €24k
2022: €32k
2023: €8k
2024: €14k
2020 → 2025
Working capital
€8k▼ 51.3%
2024 · €16k
2020: €6k
2021: €30k
2022: €64k
2023: €20k
2024: €16k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€64k▲ 103%€17k▼ 73.7%€16k▼ 4.0%€8k▼ 52.6%
Operating result€32k-€43k▲ 36.3%€13k▼ 69.6%€18k▲ 33.3%€31k▲ 74.1%
Net result€24k-€32k▲ 38.1%€8k▼ 75.7%€14k▲ 75.0%€47k▲ 236%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 74% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €135k
Equity
€8k▼ 52.6%
Debt
€128k▲ 93.1%
The debt ratio rises from 80.4% to 94.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€31k▲
2024 · €18k
Cash flow
€47k▲
2024 · €14k
Solvency
5.7%▼
2024 · 19.6%
Current ratio
1.06▼
2024 · 1.24
Quick ratio
1.06▼
2024 · 1.24
Debt / equity
16.68▲
2024 · 4.10
ROE
607.4%▲
2024 · 85.6%
ROA
34.4%▲
2024 · 16.8%
Interest coverage
97.77▼
2024 · 268.88
Debt
€128k▲
2024 · €66k
Debt ≤ 1 year
€128k▲
2024 · €66k
Income taxes
€9k▲
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€82k€135k▲
Fixed assets21/28€416-
Tangible fixed assets22/27€416-
Plant, machinery and equipment23€416-
Current assets29/58€82k€135k▲
Amounts receivable within one year40/41€15k€6k▼
Trade receivables40€12k€5k▼
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€67k€129k▲
Equity and liabilities
Total equity and liabilities10/49€82k€135k▲
Equity10/15€16k€8k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€14k€6k▼
Amounts payable17/49€66k€128k▲
Amounts payable within one year42/48€66k€128k▲
Trade debts44€1k€600▼
Suppliers440/4€1k€600▼
Taxes, remuneration and social security45€2k€7k▲
Taxes450/3€2k€7k▲
Other amounts payable47/48€63k€120k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€453€416▼
Other operating charges640/8€118€120▲
Gross operating margin9900€18k€31k▲
Operating profit (loss)9901€18k€31k▲
Financial income75/76B€472€25k▲
Recurring financial income75€472€25k▲
Financial charges65/66B€67€317▲
Recurring financial charges65€67€317▲
Profit (loss) for the period before taxes9903€18k€55k▲
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€14k€47k▲
Profit (loss) for the period to be appropriated9905€14k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€61k▲
Profit (loss) brought forward from the previous period14P€15k€14k▼
Profit to be distributed694/7€15k€55k▲
Return on contributions (dividend)694€15k€55k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Highest result since 2020net €47k ▲236%
Net result €47k, the highest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 12 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ravels · 1 establishment unit since 2019
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.
Meir 362381 RavelsGround area
2,489 m²
Building footprint
188 m²
Volume, LiDAR
841 m³
Parcel 13048A0668/00K002, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Karopsta
since 20192.293.266.575
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13048A0668/00K002 | Flanders | 2,489 m² | 1 · 188 m² | 6.7 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
CALISTO
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BE 1002.647.428
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Ingo Goubert
BE 0781.766.352
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A.D.S.L.F.
BE 0895.726.902
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EMA BUSINESS SOLUTIONS
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Of 4,060 companies in sector 43240 we hold annual accounts for 1,616. 781 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2019
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.