KARU
ActiveKARU has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €5k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-24
Solvency69▼-2
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.88 in 2024; short-term debt: 48.7% and cash: 36.7% of total assets), but 56.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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
43.8%
Return on assets
3.9%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
18 d early
2024
22 d early
2023
30 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▲ 9.8%
2024 · €54k
2023: €36k
2024: €54k
2023 → 2025
Total assets
€135k▲ 14.8%
2024 · €118k
2023: €87k
2024: €118k
2023 → 2025
Net result
€5k▼ 70.4%
2024 · €18k
2023: €31k
2024: €18k
2023 → 2025
Working capital
€45k▼ 4.8%
2024 · €47k
2023: €33k
2024: €47k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€36k-€54k▲ 49.6%€59k▲ 9.8%
Operating result€42k-€27k▼ 35.3%€11k▼ 59.4%
Net result€31k-€18k▼ 42.5%€5k▼ 70.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 59% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135k
Fixed assets
€24k▲ 41.4%
Current assets
€111k▲ 10.2%
Equity and liabilities €135k
Equity
€59k▲ 9.8%
Debt
€76k▲ 19.0%
The debt ratio rises from 54.3% to 56.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▼
2024 · €29k
Cash flow
€11k▼
2024 · €19k
Solvency
43.8%▼
2024 · 45.7%
Current ratio
1.68▼
2024 · 1.88
Quick ratio
1.30▼
2024 · 1.46
Debt / equity
1.29▲
2024 · 1.19
ROE
8.9%▼
2024 · 33.1%
ROA
3.9%▼
2024 · 15.2%
Interest coverage
4.90▼
2024 · 10.05
Debt
€76k▲
2024 · €64k
Debt ≤ 1 year
€66k▲
2024 · €53k
Debt > 1 year
€10k▼
2024 · €11k
Income taxes
€2k▼
2024 · €7k
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€118k€135k▲
Fixed assets21/28€17k€24k▲
Intangible fixed assets21€13k€10k▼
Tangible fixed assets22/27€3k€13k▲
Plant, machinery and equipment23€2k€12k▲
Furniture and vehicles24€1k€767▼
Financial fixed assets28€2k€2k=
Current assets29/58€101k€111k▲
Stocks and contracts in progress3€23k€25k▲
Stocks30/36€23k€25k▲
Amounts receivable within one year40/41€43k€31k▼
Trade receivables40€43k€31k▼
Cash at bank and in hand54/58€31k€50k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€118k€135k▲
Equity10/15€54k€59k▲
Contributions10/11€5k€5k=
Reserves13€49k€54k▲
Distributable reserves133€49k€54k▲
Amounts payable17/49€64k€76k▲
Amounts payable after more than one year17€11k€10k▼
Financial debts170/4€11k€10k▼
Amounts payable within one year42/48€53k€66k▲
Current portion of amounts payable after more than one year42€5k€10k▲
Trade debts44€12k€5k▼
Suppliers440/4€12k€5k▼
Advances received on contracts in progress46€360-
Taxes, remuneration and social security45€21k€36k▲
Taxes450/3€21k€30k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48€15k€15k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€6k▲
Other operating charges640/8€4k€8k▲
Gross operating margin9900€32k€24k▼
Operating profit (loss)9901€27k€11k▼
Financial income75/76B€93€150▲
Recurring financial income75€93€150▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€24k€8k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€18k€5k▼
Profit (loss) for the period to be appropriated9905€18k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€5k▼
Transfer to equity691/2€18k€5k▼
To other reserves6921€18k€5k▼
The notes to these accounts (10 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €5k ▼70.4%
Net result drops to €5k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hasselt · 1 establishment unit since 2023
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.
Armand Hertzstraat 113500 HasseltGround area
3.4 ha
Building footprint
76 m²
Volume, LiDAR
3 m³
Parcel 71327G0695/00B002, Flanders · tallest building 0.7 m. Linked by address, not a title deed.
1 establishment unit
KARU
since 20232.343.087.656
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0695/00B002 | Flanders | 3.4 ha | 1 · 76 m² | 0.7 m |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 1,848 EUR awarded · 1,848 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 378 EUR | 378 EUR |
| 2024 | 1 | 435 EUR | 435 EUR |
| 2023 | 1 | 1,035 EUR | 1,035 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.343.087.656
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 38,949 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2023
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46341Wholesale of wines and spirits
47120Other non-specialised retail sale
47910Retail trade
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.