KARTACHE
ActiveSummary
The computed 12-month bankruptcy probability of KARTACHE is 3.3% (moderate). The 2024 annual accounts show equity of €118,646 and a net result of €114,231. Equity is growing by ~24.6% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency68▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.67 in 2023; short-term debt: 50.6% and cash: 56.8% of total assets), and 56.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
32 d early
2024
7 d early
2023
21 d late
2022
on the day
2021
30 d late
2020
31 d late
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€114,231▲ 188%
2023 · €39,665
Working capital
€62,759▲ 53.3%
2023 · €40,949
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€14,939€30,001€43,761▲ 45.9%€44,654▲ 2.0%€132,100▲ 196%
Net result-€7,808below the sector's middle half€30,464within the sector's middle half€41,042within the sector's middle half▲ 34.7%€39,665within the sector's middle half▼ 3.4%€114,231within the sector's middle half▲ 188%
Equity€37,098below the sector's middle half▼ 18.8%€55,080below the sector's middle half▲ 48.5%€75,331within the sector's middle half▲ 36.8%€85,206within the sector's middle half▲ 13.1%€118,646within the sector's middle half▲ 39.2%
Total assets€81,582below the sector's middle half▼ 1.2%€100,437below the sector's middle half▲ 23.1%€101,395below the sector's middle half▲ 1.0%€145,989below the sector's middle half▲ 44.0%€273,142below the sector's middle half▲ 87.1%
Debt€44,484▲ 20.6%€45,357▲ 2.0%€26,064▼ 42.5%€60,783▲ 133%€154,495▲ 154%
Working capital€9,428within the sector's middle half▼ 69.1%€15,339within the sector's middle half▲ 62.7%€40,416within the sector's middle half▲ 163%€40,949within the sector's middle half▲ 1.3%€62,759within the sector's middle half▲ 53.3%
Solvency45.5%within the sector's middle half▼ 9.9pp54.8%within the sector's middle half▲ 9.4pp74.3%above the sector's middle half▲ 19.5pp58.4%above the sector's middle half▼ 15.9pp43.4%within the sector's middle half▼ 14.9pp
Current ratio1.27within the sector's middle half▼ 0.851.34within the sector's middle half▲ 0.072.55above the sector's middle half▲ 1.211.67within the sector's middle half▼ 0.881.45within the sector's middle half▼ 0.22
Return on assets (ROA)-9.6%below the sector's middle half▼ 22.8pp30.3%above the sector's middle half▲ 39.9pp40.5%above the sector's middle half▲ 10.1pp27.2%above the sector's middle half▼ 13.3pp41.8%above the sector's middle half▲ 14.7pp
Staff (FTE)2.6within the sector's middle half12.4within the sector's middle half▲ 377%7.8within the sector's middle half▼ 37.1%6.5within the sector's middle half▼ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 196% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €273,142
Fixed assets
€72,137 ▲ 63.0%
Current assets
€201,005 ▲ 97.6%
Equity and liabilities €273,142
Equity
€118,646 ▲ 39.2%
Debt
€154,495 ▲ 154%
Debt's share of the balance-sheet total rises from 41.6% to 56.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€143,428▲
2023 · €53,700
Cash flow
€125,558▲
2023 · €48,711
Quick ratio
1.39▼
2023 · 1.51
Debt to equity
1.30▲
2023 · 0.71
ROE
96.3%▲
2023 · 46.6%
Interest coverage
198.13▲
2023 · 189.75
Debt ≤ 1 year
€138,245▲
2023 · €60,783
Debt > 1 year
€16,250
Income taxes
€17,972▲
2023 · €5,650
Staff costs
€231,046▲
2023 · €139,308
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 26,975 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €67,902 | €105,435 | €139,308 | €231,046 | ▲ 65.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,366 | €7,862 | €8,794 | €9,046 | €11,327 | ▲ 25.2% |
| Other operating charges640/8 | - | €347 | €11,913 | €1,464 | €1,143 | ▼ 21.9% |
| Non-recurring operating charges66A | - | - | - | - | €684 | - |
| Gross operating margin9900 | -€10,601 | €106,112 | €169,903 | €194,472 | €376,301 | ▲ 93.5% |
| Operating profit (loss)9901 | -€14,939 | €30,001 | €43,761 | €44,654 | €132,100 | ▲ 196% |
| Financial income75/76B | - | €957 | €822 | €944 | €827 | ▼ 12.4% |
| Recurring financial income75 | €7,000 | €957 | €822 | €944 | €827 | ▼ 12.4% |
| Financial charges65/66B | - | €494 | €636 | €283 | €724 | ▲ 156% |
| Recurring financial charges65 | €289 | €494 | €636 | €283 | €724 | ▲ 156% |
| Profit (loss) for the period before taxes9903 | -€8,228 | €30,464 | €43,947 | €45,315 | €132,203 | ▲ 192% |
| Income taxes67/77 | -€420 | - | €2,905 | €5,650 | €17,972 | ▲ 218% |
| Profit (loss) for the period9904 | -€7,808 | €30,464 | €41,042 | €39,665 | €114,231 | ▲ 188% |
| Profit (loss) for the period to be appropriated9905 | -€7,808 | €30,464 | €41,042 | €39,665 | €114,231 | ▲ 188% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €81,582 | €100,437 | €101,395 | €145,989 | €273,142 | ▲ 87.1% |
| Fixed assets21/28 | €37,214 | €39,741 | €34,915 | €44,257 | €72,137 | ▲ 63.0% |
| Tangible fixed assets22/27 | €32,764 | €35,291 | €30,465 | €39,807 | €67,687 | ▲ 70.0% |
| Plant, machinery and equipment23 | - | €14,065 | €10,277 | €6,762 | €3,570 | ▼ 47.2% |
| Furniture and vehicles24 | - | €18,321 | €15,813 | €11,984 | €45,555 | ▲ 280% |
| Other tangible fixed assets26 | - | €2,905 | €4,375 | €21,061 | €18,563 | ▼ 11.9% |
| Financial fixed assets28 | €4,450 | €4,450 | €4,450 | €4,450 | €4,450 | = |
| Current assets29/58 | €44,368 | €60,696 | €66,480 | €101,732 | €201,005 | ▲ 97.6% |
| Stocks and contracts in progress3 | €2,167 | €6,391 | €5,513 | €10,069 | €9,083 | ▼ 9.8% |
| Stocks30/36 | - | €6,391 | €5,513 | €10,069 | €9,083 | ▼ 9.8% |
| Amounts receivable within one year40/41 | €4,986 | €7,778 | €8,596 | €1,332 | €36,799 | ▲ 2,663% |
| Trade receivables40 | - | - | - | €1,332 | €36,799 | ▲ 2,663% |
| Other amounts receivable41 | - | €7,778 | €8,596 | - | - | - |
| Cash at bank and in hand54/58 | €37,215 | €46,166 | €52,371 | €90,331 | €155,122 | ▲ 71.7% |
| Deferred charges and accrued income490/1 | - | €361 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €81,582 | €100,437 | €101,395 | €145,989 | €273,142 | ▲ 87.1% |
| Equity10/15 | €37,098 | €55,080 | €75,331 | €85,206 | €118,646 | ▲ 39.2% |
| Contributions10/11 | €27,650 | €24,800 | €24,800 | €24,800 | €24,800 | = |
| Capital10 | - | €24,800 | - | - | - | - |
| Issued capital100 | - | €24,800 | - | - | - | - |
| Reserves13 | €2,765 | €2,765 | €2,765 | €13,430 | €47,661 | ▲ 255% |
| Non-distributable reserves130/1 | - | €2,765 | €2,765 | €2,765 | €2,765 | = |
| Legal reserve130 | - | €2,765 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2,765 | €2,765 | €2,765 | = |
| Distributable reserves133 | - | - | - | €10,665 | €44,896 | ▲ 321% |
| Profit (loss) carried forward14 | €359 | €10,823 | €31,865 | €31,865 | €31,865 | = |
| Investment grants15 | - | €16,692 | €15,901 | €15,111 | €14,320 | ▼ 5.2% |
| Amounts payable17/49 | €44,484 | €45,357 | €26,064 | €60,783 | €154,495 | ▲ 154% |
| Amounts payable after more than one year17 | €9,544 | - | - | - | €16,250 | - |
| Financial debts170/4 | - | - | - | - | €16,250 | - |
| Amounts payable within one year42/48 | €34,940 | €45,357 | €26,064 | €60,783 | €138,245 | ▲ 127% |
| Current portion of amounts payable after more than one year42 | - | €4,212 | - | - | - | - |
| Trade debts44 | €10,282 | €9,885 | €3,818 | €9,649 | €45,260 | ▲ 369% |
| Suppliers440/4 | - | €9,885 | €3,818 | €9,649 | €45,260 | ▲ 369% |
| Taxes, remuneration and social security45 | - | €7,867 | €9,533 | €34,394 | €26,818 | ▼ 22.0% |
| Taxes450/3 | - | €2,995 | €2,905 | €22,641 | €9,581 | ▼ 57.7% |
| Remuneration and social security454/9 | - | €4,872 | €6,628 | €11,753 | €17,237 | ▲ 46.7% |
| Other amounts payable47/48 | - | €23,393 | €12,713 | €16,740 | €66,168 | ▲ 295% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,808 | €30,464 | €41,042 | €39,665 | €114,231 | ▲ 188% |
| + Depreciation and write-downs630 | €3,366 | €7,862 | €8,794 | €9,046 | €11,327 | ▲ 25.2% |
| Operating cash flow (approximation) | -€4,442 | €38,326 | €49,836 | €48,711 | €125,558 | ▲ 158% |
| Investment in fixed assets (approximation) | - | -€10,389 | -€3,968 | -€18,388 | -€39,207 | ▼ 113% |
| Change in cash | - | €8,951 | €6,205 | €37,960 | €64,791 | ▲ 70.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2019net €114,231 ▲188%
Operating result €132,100, net result €114,231, both a record.
31-12
Financial
Equity above €100,000Eq €118,646 ▲39.2%
4 profitable years in a row build equity to €118,646.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Back to profitnet €30,464
Net result €30,464 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€7,808
Net result drops to -€7,808, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Anderlecht · 4 establishment units since 2018
Ground area
7.5 ha
Building footprint
3.0 ha
Volume, LiDAR
583,423 m³
4 parcels, Brussels · tallest building 42.3 m, ±7 floors. Linked by address, not a title deed.
4 establishment units
La Fourmilière
since 20182.278.553.754
TIPI - La Guinguette des Etangs
since 20212.317.569.332
Guinguette Astrid
since 20222.331.610.972
tipi! - Guinguette du Péristyle
since 20242.357.440.983
4 parcels
Brussels
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0386/00Z002 | Brussels | 7.3 ha | 1 · 2.9 ha | 42.3 m · 7 fl. |
| 21308H0254/00C003 | Brussels | 1,145 m² | 1 · 521 m² | 12.4 m · 2 fl. |
| 21308H0601/00F011 | Brussels | 785 m² | 1 · 222 m² | 18.2 m · 5 fl. |
| 21001A0776/00M000 | Brussels | 290 m² | 1 · 259 m² | 16.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAnderlecht2.278.553.754
Anderlecht2.317.569.332
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MAISON DEPARIS
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SEVENS ALL DRINKS
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Of 1,508 companies in sector 47252 we hold annual accounts for 651. 509 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
Founded14-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47252Retail sale of beverages, general range
56112Limited-service restaurants, excluding mobile food services
47279Other retail sale of food
47789Other retail sale of new goods
90120Visual arts creation
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0700867065
Also
9925:BE0700867065
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.