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Katharos

Active
Private limited companyfounded 20241 yr activeDiamantstraat (HRT) 8, 2200 Herentals, BelgiumKBO/BCE: BE 1016.713.022
Summary

The computed 12-month bankruptcy probability of Katharos is 1.8% (moderate). The 2025 annual accounts show equity of €14,450 and a net result of €9,450. Its solvency ranks better than 24% of 453 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability58
Solvency38
Growth-
Track record67
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.45; short-term debt: 40.8% and cash: 19.8% of total assets), but 87.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 79
Relative position
BE, all sectors
reference
Travel agency, tour operator and other reservation service and related activities (NACE 79)
about 121% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
12.8%
Return on assets
8.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 453 sector peers (2025).
NBB · sector comparison
Position among 453 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Katharos was incorporated on 28 November 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€14,450
Total assets
€113,159
Net result
€9,450
Working capital
€67,015

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €113,159
Equity €14,450
Debt €98,709
Debt finances 87.2% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.45
Debt to equity
6.83
ROE
65.4%
ROA
8.4%
Debt ≤ 1 year
€46,144
Income taxes
€4,703

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,390 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
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€113,159
Current assets29/58€113,159
Amounts receivable within one year40/41€87,465
Trade receivables40€81,903
Other amounts receivable41€5,562
Cash at bank and in hand54/58€22,403
Deferred charges and accrued income490/1€3,291
Equity and liabilities
Total equity and liabilities10/49€113,159
Equity10/15€14,450
Contributions10/11€5,000
Reserves13€9,400
Distributable reserves133€9,400
Profit (loss) carried forward14€50
Amounts payable17/49€98,709
Amounts payable within one year42/48€46,144
Trade debts44€35,078
Suppliers440/4€35,078
Advances received on contracts in progress46€5,400
Taxes, remuneration and social security45€5,667
Taxes450/3€5,667
Accrued charges and deferred income492/3€52,565
Income statement Code2025
Other operating charges640/8€120
Gross operating margin9900€14,040
Operating profit (loss)9901€13,920
Financial income75/76B€263
Recurring financial income75€263
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€14,153
Income taxes67/77€4,703
Profit (loss) for the period9904€9,450
Profit (loss) for the period to be appropriated9905€9,450
Appropriation of the result
Profit (loss) to be appropriated9906€9,450
Transfer to equity691/2€9,400
To other reserves6921€9,400

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€120
Gross operating margin9900€14,040
Operating profit (loss)9901€13,920
Financial income75/76B€263
Recurring financial income75€263
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€14,153
Income taxes67/77€4,703
Profit (loss) for the period9904€9,450
Profit (loss) for the period to be appropriated9905€9,450
Line2025
Assets
Total assets20/58€113,159
Current assets29/58€113,159
Amounts receivable within one year40/41€87,465
Trade receivables40€81,903
Other amounts receivable41€5,562
Cash at bank and in hand54/58€22,403
Deferred charges and accrued income490/1€3,291
Equity and liabilities
Total equity and liabilities10/49€113,159
Equity10/15€14,450
Contributions10/11€5,000
Reserves13€9,400
Distributable reserves133€9,400
Profit (loss) carried forward14€50
Amounts payable17/49€98,709
Amounts payable within one year42/48€46,144
Trade debts44€35,078
Suppliers440/4€35,078
Advances received on contracts in progress46€5,400
Taxes, remuneration and social security45€5,667
Taxes450/3€5,667
Accrued charges and deferred income492/3€52,565
Line2025
Profit (loss) for the period9904€9,450
Operating cash flow (approximation)€9,450

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Herentals · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
3,044 m²
Volume, LiDAR
52,510 m³
Parcel 13027A0065/00F002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Katharos
Diamantstraat (HRT) 8, 2200 HerentalsOther publishing activities, excluding software publishing
since 20242.367.565.112
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13027A0065/00F002 Flanders 1.2 ha 1 · 3,044 m² 24.1 m · 6 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.

Similar companies · same sector, comparable size

Of 531 companies in sector 79120 we hold annual accounts for 204. 106 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
Founded28-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
79120Travel agency, tour operator and other reservation service and related activities
58190Other publishing activities, excluding software publishing
73200Market research and public opinion polling
74301Translation services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016713022
Also 9925:BE1016713022
Registered 22-07-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.