KATARA
ActiveSummary
The annual accounts of KATARA for fiscal year 2024 show a net loss of 117% of total assets and of 76% of the equity at the start of that year. The 2024 annual accounts show equity of €11k and a net result of €-34k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 37953 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-93
Solvency62▼-18
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.58 against 2.2 in 2023; short-term debt: 63.3% and cash: 53.6% of total assets), but 63.3% 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
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36.7%
Return on assets
-117.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
31 d late
2021
61 d late
2020
30 d late
2019
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Equity
€11k▼ 76.1%
2023 · €45k
Total assets
€29k▼ 64.2%
2023 · €81k
Net result
€-34k
2023 · €16k
Working capital
€11k▼ 75.6%
2023 · €44k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€3k▼ 31.5%€10k▲ 228%€3k▼ 70.2%€18k▲ 507%€-32k
Net result€1k▼ 58.6%€7k▲ 403%€654▼ 90.4%€16k▲ 2,319%€-34k
Equity€22k▲ 6.7%€28k▲ 31.5%€29k▲ 2.3%€45k▲ 54.6%€11k▼ 76.1%
Total assets€122k▼ 15.3%€167k▲ 37.4%€78k▼ 53.5%€81k▲ 4.5%€29k▼ 64.2%
Debt€100k▼ 18.9%€139k▲ 38.6%€49k▼ 64.9%€36k▼ 25.2%€18k▼ 49.5%
Working capital€18k▲ 15.5%€25k▲ 44.4%€27k▲ 6.5%€44k▲ 62.4%€11k▼ 75.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €32k after €18k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €29k
Equity
€11k ▼ 76.1%
Debt
€18k ▼ 49.5%
Debt's share of the balance-sheet total rises from 44.9% to 63.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-31k▼
2023 · €19k
Cash flow
€-33k▼
2023 · €17k
Current ratio
1.58▼
2023 · 2.20
Debt to equity
1.72▲
2023 · 0.81
ROE
-319.0%▼
2023 · 35.3%
ROA
-117.1%▼
2023 · 19.5%
Interest coverage
1009.46▲
2023 · 147.69
Debt ≤ 1 year
€18k▼
2023 · €36k
Income taxes
€2k▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €999 | €999 | €999 | €999 | €999 | = |
| Other operating charges640/8 | - | €700 | €11k | €2k | €18k | ▲ 981% |
| Gross operating margin9900 | €5k | €12k | €15k | €21k | €-13k | ▼ 164% |
| Operating profit (loss)9901 | €3k | €10k | €3k | €18k | €-32k | ▼ 281% |
| Financial income75/76B | - | - | €663 | - | - | - |
| Recurring financial income75 | - | - | €663 | - | - | - |
| Financial charges65/66B | - | €229 | €240 | €128 | €-31 | ▼ 124% |
| Recurring financial charges65 | €157 | €229 | €240 | €128 | €-31 | ▼ 124% |
| Profit (loss) for the period before taxes9903 | €3k | €10k | €3k | €18k | €-32k | ▼ 282% |
| Income taxes67/77 | €2k | €3k | €3k | €2k | €2k | ▼ 15.2% |
| Profit (loss) for the period9904 | €1k | €7k | €654 | €16k | €-34k | ▼ 316% |
| Profit (loss) for the period to be appropriated9905 | €1k | €7k | €654 | €16k | €-34k | ▼ 316% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €122k | €167k | €78k | €81k | €29k | ▼ 64.2% |
| Fixed assets21/28 | €4k | €3k | €2k | €999 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €4k | €3k | €2k | €999 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €3k | €2k | €999 | €0 | ▼ 100% |
| Current assets29/58 | €118k | €164k | €76k | €80k | €29k | ▼ 63.7% |
| Amounts receivable within one year40/41 | €24k | €56k | €62k | €16k | €14k | ▼ 14.4% |
| Trade receivables40 | - | €56k | €55k | €11k | €12k | ▲ 12.6% |
| Other amounts receivable41 | - | - | €8k | €5k | €2k | ▼ 70.4% |
| Cash at bank and in hand54/58 | €93k | €109k | €13k | €65k | €16k | ▼ 75.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €122k | €167k | €78k | €81k | €29k | ▼ 64.2% |
| Equity10/15 | €22k | €28k | €29k | €45k | €11k | ▼ 76.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €620 | €620 | €620 | €620 | €620 | = |
| Non-distributable reserves130/1 | - | €620 | €620 | €620 | €620 | = |
| Reserves not available under the articles1311 | - | €620 | €620 | €620 | €620 | = |
| Profit (loss) carried forward14 | €15k | €22k | €22k | €38k | €4k | ▼ 89.8% |
| Amounts payable17/49 | €100k | €139k | €49k | €36k | €18k | ▼ 49.5% |
| Amounts payable within one year42/48 | €100k | €139k | €49k | €36k | €18k | ▼ 49.5% |
| Trade debts44 | €98k | €107k | €46k | €34k | €16k | ▼ 54.0% |
| Suppliers440/4 | - | €107k | €46k | €34k | €16k | ▼ 54.0% |
| Taxes, remuneration and social security45 | - | €32k | €3k | €2k | €3k | ▲ 28.9% |
| Taxes450/3 | - | €32k | €3k | €2k | €3k | ▲ 28.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €7k | €654 | €16k | €-34k | ▼ 316% |
| + Depreciation and write-downs630 | €999 | €999 | €999 | €999 | €999 | = |
| Operating cash flow (approximation) | €2k | €8k | €2k | €17k | €-33k | ▼ 297% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €15k | €-95k | €51k | €-49k | ▼ 196% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €16k ▲2,319%
Operating result €18k, net result €16k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 30 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Mortsel · 1 establishment unit since 2013
Ground area
210 m²
Building footprint
94 m²
Volume, LiDAR
552 m³
Parcel 11513C0004/00S005, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KATARA
since 20132.233.353.734
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0004/00S005 | Flanders | 210 m² | 1 · 94 m² | 9.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 3,006 EUR awarded · 3,591 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 987 EUR | 987 EUR |
| 2024 | 1 | 585 EUR | 585 EUR |
| 2023 | 1 | 0 EUR | 1,290 EUR |
| 2022 | 1 | 1,434 EUR | 729 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 23,646 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
Founded15-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
85599Other education
86932Human health activities
Scores and ratios are computed by Checked and are not a credit decision.