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KARTHUIZER DEVELOPMENT

Active
Public limited companyfounded 2011active for 15 yearsIndustrieweg 74, 8800 Roeselare, Belgium21 active companies are registered at this addressKBO/BCE: BE 0835.272.641
Summary

KARTHUIZER DEVELOPMENT has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €489,956 and a net result of €5,271. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 11,213 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
KARTHUIZER DEVELOPMENTActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
≈ €81,000turnover 2025, estimated
Equity
€489,956
Profit
€5,271
Turnover estimated from the gross margin
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Largest shareholder
Coussée Project · 50%
2025 accounts 26 days early2 of 4 deeds summarised
Why 91raises riskLiquidity: current ratio 1.66, cash €11,015, halvedlowers riskSize: total assets €1.2mFounded in 2011Legal form: public limited companyShow the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 30% of its sector peers (NACE 68, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 65-26
equity 39.8% of total assets
Liquidity 20-52
short-term debt 60.1% · cash 0.9%
Profitability 39+27
return on assets 0.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,631 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.4%▲ +0.2 percentage points vs 01-2025highest value 03-2025: 0.1%▼ -0.3 percentage points vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.66, compared with 2.95 in 2024, above the usual 1.5; short-term debt: 60.1% and cash: 0.9% of total assets), but 60.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 57% on solvency, 16% on liquidity, 34% on profitability and 12% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.66, cash €11,015, halved
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
26 days early
2024
2 days early
2023
19 days early
2022
22 days early
2021
6 days early
2020
24 days late
2019
23 days early
← 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 11 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 12 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end30-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €5,271
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€154,955 in 2024 €5,271 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
  • Board3 directors in office 3 View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Profit
€5,271
Solvency
39.8%
Total assets▼ 17.5%
Net result
20192025
Go to Financials

Board & ownership

Board
3 members
Largest shareholder
Coussée Project · 50%
  • Coussée ProjectChair
  • Coussée KrisDirector
  • DEBCONDirector
Go to Board & ownership

Timeline

Events
21
Since
2013
Next accounts
by 31-01-2027
  1. 30-06-2024Weakest financial year
  2. 25-01-2024Amendment of the articles
  3. 12-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
01-04-2011
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about KARTHUIZER DEVELOPMENT

What is the company number of KARTHUIZER DEVELOPMENT?
0835.272.641. In Belgium the VAT number is the company number with BE in front: BE 0835.272.641.
Where is KARTHUIZER DEVELOPMENT based?
The registered office is at Industrieweg 74, 8800 Roeselare.Company details
What does KARTHUIZER DEVELOPMENT do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of KARTHUIZER DEVELOPMENT?
Public limited company (NV).
When was KARTHUIZER DEVELOPMENT founded?
On 01-04-2011.
Is KARTHUIZER DEVELOPMENT still active?
Yes, KARTHUIZER DEVELOPMENT is an active enterprise in the KBO register.
How many employees does KARTHUIZER DEVELOPMENT have?
On average 0.6 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of KARTHUIZER DEVELOPMENT?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is KARTHUIZER DEVELOPMENT profitable?
In financial year 2025, KARTHUIZER DEVELOPMENT made a profit of €5,271.
Where can I find the annual accounts of KARTHUIZER DEVELOPMENT?
KARTHUIZER DEVELOPMENT filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KARTHUIZER DEVELOPMENT due?
By 31-01-2027, for financial year 2026.Timeline

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