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KARRAR

Active
Private limited companyfounded 20242 yrs activeLeopoldstraat 91, 2800 Mechelen, BelgiumKBO/BCE: BE 1011.729.992
Summary

The computed 12-month bankruptcy probability of KARRAR is 3.2% (moderate). The 2025 annual accounts show equity of €21,210 and a net result of €11,210. Its solvency ranks better than 35% of 4718 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability84
Solvency49
Growth-
Track record67
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.93; short-term debt: 76.3% and cash: 6.6% of total assets), and 76.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
23.7%
Return on assets
12.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 1 filing
Deviation from the deadline
2025
29 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

KARRAR was incorporated on 18 July 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€21,210
Total assets
€89,661
Net result
€11,210
Working capital
-€4,525

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €89,661
Fixed assets €25,735
Current assets €63,926
Equity and liabilities €89,661
Equity €21,210
Debt €68,451
Debt finances 76.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€24,065
Cash flow
€20,854
Current ratio
0.93
Debt to equity
3.23
ROE
52.9%
ROA
12.5%
Interest coverage
3462.57
Debt ≤ 1 year
€68,451
Income taxes
€3,203

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€89,661
Fixed assets21/28€25,735
Tangible fixed assets22/27€25,735
Furniture and vehicles24€25,735
Current assets29/58€63,926
Amounts receivable within one year40/41€58,049
Trade receivables40€48,049
Other amounts receivable41€10,000
Cash at bank and in hand54/58€5,878
Equity and liabilities
Total equity and liabilities10/49€89,661
Equity10/15€21,210
Contributions10/11€10,000
Profit (loss) carried forward14€11,210
Amounts payable17/49€68,451
Amounts payable within one year42/48€68,451
Trade debts44€36,629
Suppliers440/4€36,629
Advances received on contracts in progress46€143
Taxes, remuneration and social security45€4,038
Taxes450/3€4,038
Other amounts payable47/48€27,642
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,645
Other operating charges640/8€1,413
Gross operating margin9900€25,477
Operating profit (loss)9901€14,420
Financial charges65/66B€7
Recurring financial charges65€7
Profit (loss) for the period before taxes9903€14,413
Income taxes67/77€3,203
Profit (loss) for the period9904€11,210
Profit (loss) for the period to be appropriated9905€11,210
Appropriation of the result
Profit (loss) to be appropriated9906€11,210

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,645
Other operating charges640/8€1,413
Gross operating margin9900€25,477
Operating profit (loss)9901€14,420
Financial charges65/66B€7
Recurring financial charges65€7
Profit (loss) for the period before taxes9903€14,413
Income taxes67/77€3,203
Profit (loss) for the period9904€11,210
Profit (loss) for the period to be appropriated9905€11,210
Line2025
Assets
Total assets20/58€89,661
Fixed assets21/28€25,735
Tangible fixed assets22/27€25,735
Furniture and vehicles24€25,735
Current assets29/58€63,926
Amounts receivable within one year40/41€58,049
Trade receivables40€48,049
Other amounts receivable41€10,000
Cash at bank and in hand54/58€5,878
Equity and liabilities
Total equity and liabilities10/49€89,661
Equity10/15€21,210
Contributions10/11€10,000
Profit (loss) carried forward14€11,210
Amounts payable17/49€68,451
Amounts payable within one year42/48€68,451
Trade debts44€36,629
Suppliers440/4€36,629
Advances received on contracts in progress46€143
Taxes, remuneration and social security45€4,038
Taxes450/3€4,038
Other amounts payable47/48€27,642
Line2025
Profit (loss) for the period9904€11,210
+ Depreciation and write-downs630€9,645
Operating cash flow (approximation)€20,854

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
29-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Mechelen
exact location from the address register On OpenStreetMap
Ground area
232 m²
Building footprint
108 m²
Volume, LiDAR
2,226 m³
Parcel 12403D0079/00E003, Flanders · tallest building 23.7 m, ±7 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12403D0079/00E003 Flanders 232 m² 1 · 108 m² 23.7 m · 7 fl.
Linked by address, not proof of ownership
Good to know
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

Of 6,683 companies in sector 49330 we hold annual accounts for 2,299. 1,999 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49310Scheduled passenger transport by road
52100Warehousing and storage
52250Logistics services
53200Other postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011729992
Also 9925:BE1011729992
Registered 20-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.