KATHAROS
ActiveSummary
KATHAROS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €36,783. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-38
Solvency76▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.12 in 2024; short-term debt: 45.7% and cash: 6% of total assets), and 48.6% 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○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 →
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
51.4%
Return on assets
1.5%
Age of the figures
9 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
29 d early
2022
27 d early
2021
27 d early
2020
28 d early
2019
23 d 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 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€1.3m▲ 2.9%
2024 · €1.3m
Total assets
€2.5m▲ 4.8%
2024 · €2.4m
Net result
€36,783▼ 87.4%
2024 · €292,440
Working capital
-€950,328▼ 1.6%
2024 · -€935,638
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20212022202320242025
Operating result€3,640€12,084▲ 232%€180,892▲ 1,397%€433,637▲ 140%€122,603▼ 71.7%
Net result-€24,479below the sector's middle half▲ 66.4%-€33,508below the sector's middle half▼ 36.9%€131,654above the sector's middle half€292,440above the sector's middle half▲ 122%€36,783within the sector's middle half▼ 87.4%
Equity€863,239above the sector's middle half▼ 2.8%€829,731above the sector's middle half▼ 3.9%€961,384above the sector's middle half▲ 15.9%€1.3mabove the sector's middle half▲ 30.4%€1.3mabove the sector's middle half▲ 2.9%
Total assets€1.8mabove the sector's middle half▼ 2.7%€1.7mabove the sector's middle half▼ 4.0%€2.1mabove the sector's middle half▲ 23.9%€2.4mabove the sector's middle half▲ 13.0%€2.5mabove the sector's middle half▲ 4.8%
Debt€859,645▼ 2.3%€826,089▼ 3.9%€1.1m▲ 34.1%€1.1m▼ 3.9%€1.1m▲ 7.7%
Working capital-€675,954below the sector's middle half▼ 2.5%-€671,792below the sector's middle half▲ 0.6%-€891,053below the sector's middle half▼ 32.6%-€935,638below the sector's middle half▼ 5.0%-€950,328below the sector's middle half▼ 1.6%
Solvency48.5%within the sector's middle half=48.5%within the sector's middle half▲ 0.1pp45.4%within the sector's middle half▼ 3.2pp52.4%within the sector's middle half▲ 7.0pp51.4%within the sector's middle half▼ 1.0pp
Current ratio0.13below the sector's middle half▼ 0.020.12below the sector's middle half▼ 0.010.17below the sector's middle half▲ 0.050.12below the sector's middle half▼ 0.050.17below the sector's middle half▲ 0.05
Return on assets (ROA)-1.4%below the sector's middle half▲ 2.6pp-2.0%below the sector's middle half▼ 0.6pp6.2%within the sector's middle half▲ 8.2pp12.2%within the sector's middle half▲ 6.0pp1.5%below the sector's middle half▼ 10.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
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 falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€2.3m ▲ 2.1%
Current assets
€196,174 ▲ 52.5%
Equity and liabilities €2.5m
Equity
€1.3m ▲ 2.9%
Provisions
€72,429 ▼ 4.2%
Debt
€1.1m ▲ 7.7%
Debt's share of the balance-sheet total rises from 44.5% to 45.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€210,374▼
2024 · €510,693
Cash flow
€124,554▼
2024 · €369,496
Debt to equity
0.89▲
2024 · 0.85
ROE
2.9%▼
2024 · 23.3%
Interest coverage
3.01▼
2024 · 7.94
Debt ≤ 1 year
€1.1m▲
2024 · €1.1m
Income taxes
€19,107▼
2024 · €61,097
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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%.
| 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 14,732 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €277,580 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70,116 | €63,026 | €67,650 | €77,057 | €87,771 | ▲ 13.9% |
| Other operating charges640/8 | €6,465 | €6,460 | €7,722 | €10,929 | €6,122 | ▼ 44.0% |
| Gross operating margin9900 | €80,220 | €81,571 | €256,263 | €521,623 | €216,496 | ▼ 58.5% |
| Operating profit (loss)9901 | €3,640 | €12,084 | €180,892 | €433,637 | €122,603 | ▼ 71.7% |
| Financial income75/76B | - | - | €60 | €10,781 | - | - |
| Recurring financial income75 | - | - | €60 | €10,781 | - | - |
| Financial charges65/66B | €32,417 | €49,899 | €46,494 | €64,312 | €69,915 | ▲ 8.7% |
| Recurring financial charges65 | €32,417 | €32,899 | €46,494 | €64,312 | €69,915 | ▲ 8.7% |
| Non-recurring financial charges66B | - | €17,000 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€28,777 | -€37,815 | €134,457 | €380,106 | €52,687 | ▼ 86.1% |
| Transfer from deferred taxes780 | €4,464 | €4,464 | €4,464 | €24,319 | €3,203 | ▼ 86.8% |
| Transfer to deferred taxes680 | - | - | - | €50,887 | - | - |
| Income taxes67/77 | €165 | €157 | €7,267 | €61,097 | €19,107 | ▼ 68.7% |
| Profit (loss) for the period9904 | -€24,479 | -€33,508 | €131,654 | €292,440 | €36,783 | ▼ 87.4% |
| Transfer from tax-exempt reserves789 | €17,855 | €17,855 | €17,855 | €97,275 | €12,811 | ▼ 86.8% |
| Transfer to tax-exempt reserves689 | - | - | - | €203,549 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€6,623 | -€15,652 | €149,509 | €186,165 | €49,594 | ▼ 73.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.7m | €2.1m | €2.4m | €2.5m | ▲ 4.8% |
| Fixed assets21/28 | €1.7m | €1.6m | €1.9m | €2.3m | €2.3m | ▲ 2.1% |
| Tangible fixed assets22/27 | €1.7m | €1.6m | €1.9m | €2.3m | €2.3m | ▲ 2.1% |
| Land and buildings22 | €1.7m | €1.6m | €1.9m | €2.3m | €2.3m | ▲ 2.2% |
| Furniture and vehicles24 | €19,351 | €2,093 | €5,419 | €5,836 | €4,513 | ▼ 22.7% |
| Assets under construction and advance payments27 | - | - | €16,934 | - | - | - |
| Financial fixed assets28 | €1,397 | €1,543 | €1,644 | €1,780 | €1,919 | ▲ 7.8% |
| Current assets29/58 | €97,612 | €91,250 | €177,717 | €128,664 | €196,174 | ▲ 52.5% |
| Amounts receivable within one year40/41 | €4,840 | €951 | €31,723 | €18,309 | €45,247 | ▲ 147% |
| Trade receivables40 | €4,840 | €855 | €23,723 | €18,309 | €31,247 | ▲ 70.7% |
| Other amounts receivable41 | - | €96 | €8,000 | - | €14,000 | - |
| Cash at bank and in hand54/58 | €91,281 | €85,556 | €140,457 | €105,394 | €149,822 | ▲ 42.2% |
| Deferred charges and accrued income490/1 | €1,492 | €4,743 | €5,537 | €4,962 | €1,105 | ▼ 77.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.7m | €2.1m | €2.4m | €2.5m | ▲ 4.8% |
| Equity10/15 | €863,239 | €829,731 | €961,384 | €1.3m | €1.3m | ▲ 2.9% |
| Contributions10/11 | €742,829 | €742,829 | €742,829 | €742,829 | €742,829 | = |
| Reserves13 | €233,823 | €215,968 | €198,112 | €304,387 | €291,576 | ▼ 4.2% |
| Tax-exempt reserves132 | €231,963 | €214,108 | €196,252 | €302,527 | €289,716 | ▼ 4.2% |
| Distributable reserves133 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€113,414 | -€129,066 | €20,443 | €206,608 | €256,202 | ▲ 24.0% |
| Provisions and deferred taxes16 | €57,991 | €53,527 | €49,063 | €75,632 | €72,429 | ▼ 4.2% |
| Deferred taxes168 | €57,991 | €53,527 | €49,063 | €75,632 | €72,429 | ▼ 4.2% |
| Amounts payable17/49 | €859,645 | €826,089 | €1.1m | €1.1m | €1.1m | ▲ 7.7% |
| Amounts payable after more than one year17 | €86,078 | €63,046 | €39,161 | - | - | - |
| Financial debts170/4 | €86,078 | €63,046 | €39,161 | - | - | - |
| Amounts payable within one year42/48 | €773,567 | €763,043 | €1.1m | €1.1m | €1.1m | ▲ 7.7% |
| Current portion of amounts payable after more than one year42 | €23,235 | €23,250 | €23,886 | €10,147 | €10,180 | ▲ 0.3% |
| Trade debts44 | €6,299 | €2,546 | €1,069 | €700 | €25,459 | ▲ 3,538% |
| Suppliers440/4 | €6,299 | €2,546 | €1,069 | €700 | €25,459 | ▲ 3,538% |
| Taxes, remuneration and social security45 | €9,561 | €8,751 | €20,006 | €25,266 | €55,749 | ▲ 121% |
| Taxes450/3 | €9,561 | €8,751 | €20,006 | €25,266 | €55,749 | ▲ 121% |
| Other amounts payable47/48 | €734,471 | €728,496 | €1.0m | €1.0m | €1.1m | ▲ 2.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,479 | -€33,508 | €131,654 | €292,440 | €36,783 | ▼ 87.4% |
| + Depreciation and write-downs630 | €70,116 | €63,026 | €67,650 | €77,057 | €87,771 | ▲ 13.9% |
| Operating cash flow (approximation) | €45,637 | €29,518 | €199,303 | €369,496 | €124,554 | ▼ 66.3% |
| Investment in fixed assets (approximation) | - | €2,139 | -€390,215 | -€401,489 | -€136,041 | ▲ 66.1% |
| Change in cash | - | -€5,725 | €54,901 | -€35,063 | €44,428 | ▲ 227% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €292,440 ▲122%
Operating result €433,637, net result €292,440, both a record.
31-12
Financial
Equity above €1mEq €1.3m ▲30.4%
2 profitable years in a row build equity to €1.3m.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €131,654
Net result €131,654 after 3 loss-making years.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€72,874
Net result drops to -€72,874, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €49,171
Net result €49,171 after one loss-making year.
Show earlier events
31-12
Financial
Equity above €500,000Eq €526,362 ▲10.3%
Equity rises from €477,191 to €526,362.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Deinze · 1 establishment unit since 2014
Ground area
3,137 m²
Building footprint
274 m²
Volume, LiDAR
1,694 m³
Parcel 44027B0809/00F000, Flanders · tallest building 20.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RODINO
since 20142.233.442.321
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44027B0809/00F000 | Flanders | 3,137 m² | 1 · 274 m² | 20.6 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.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 25,065 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
Founded14-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0879963808
Registered
27-03-2026
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.