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KATZ EUROPE

Active
Private limited company (pre-2019)founded 2007active for 19 yearsSeinhuisstraat 5, 3600 Genk, BelgiumKBO/BCE: BE 0888.093.891
Summary

The computed 12-month bankruptcy probability of KATZ EUROPE is 2.3% (moderate). The 2025 annual accounts show negative equity (-€43,005) and a net result of -€84,775. Equity has been shrinking by about 35% per year since 2019. Its solvency ranks better than 35% of 34 sector peers (NACE 15, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 14-03-2007 Normal situation
Registered office
10 active companies are registered at this address Source: KBO register, as of 4 November 2026.
Activity
Manufacture of leather and related products NACE 15200and 2 others
Establishment unit
2.242.061.364 3600 Genk, since 14-03-2007
Financial year end
30 June
Peppol
Reachable since 16-12-2025

Board and ownership

Board
  • Wellman SingeonDirector · since 14-03-2007

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts to 30-06-2025
Gross margin
€12,782
▼ 51.1%
Turnover
≈ €98,000
estimated
Loss
€84,775
▲ 6.3%
Equity
-€43,005
Total assets
€432,077
▼ 3.1%
Employees on 30-06-2025
1
=
  • Negative equity on 30-06-2025
  • 2025 accounts filed 2 days after the deadline
Score breakdownraises riskLoss of €84,775, the second in a row (financial year 2025)Negative equity -€43,005Liquidity: current ratio 0.77, cash €168lowers riskSize: total assets €432,077Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 15% of micro companies in leather and related products (NACE 15)
Financial strength · tick: 2024
Weak
Solvency 15-19
equity -10.0% of total assets
Liquidity 0=
short-term debt 110.0% · cash 0.0%
Profitability 0=
return on assets -19.6%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (53 companies, NACE 15, micro)
Last 24 months 12-2024: 1.2%lowest value 01-2025: 1.5%▲ +0.3 percentage points vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 1.6%▲ +0.1 percentage points vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.5%▼ -0.1 percentage points vs 10-2025 12-2025: 1.4%▼ -0.1 percentage points vs 11-2025 01-2026: 1.7%▲ +0.3 percentage points vs 12-2025 02-2026: 2.2%▲ +0.5 percentage points vs 01-2026 03-2026: 2.3%▲ +0.1 percentage points vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.3%● unchanged vs 04-2026 06-2026: 2.3%● unchanged vs 05-2026 07-2026: 2.3%● unchanged vs 06-2026highest value 08-2026: 2.3%● unchanged vs 07-2026highest value 09-2026: 2.3%● unchanged vs 08-2026highest value 10-2026: 2.3%● unchanged vs 09-2026 11-2026: 2.3%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.77 (0.9 in 2024), below 1. Short-term debt is 110% and cash 0% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 15, micro). It does better than 32% of them on solvency, 2% on liquidity, 19% on profitability and 9% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €432,077
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €84,775, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€43,005
NBB · annual accounts
raises risk · Liquidity: current ratio 0.77, cash €168
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€43,005
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
2 days late
2024
1 day early
2023
on the day
2022
on the day
2021
on the day
2020
10 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 2 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€43,005 View
  • Risk: 5 loss-making years in a rowloss in financial year 2025 -€84,775 View
  • Caution: Lower net result than 95% of companies in leather and related productssector median -€2,534 · 34 companies -€84,775 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as KATZ EUROPE: manufacture of leather and related products (NACE 15200). They are comparable in size and age: total assets between €124,000 and €1.7m, founded between 1998 and 2012.

CompanyTotal assetsGross margin
KATZ EUROPE Genk€0.4m€0.01m
MOVE 2 IMPROVE Temse€0.5m€0.03m
WALK 2 IMPROVE Beveren-Kruibeke-Zwijndrecht€0.6m€0.06m
GEUBELS ORTHOPEDIE Lille€0.2m€0.09m
PodoProductions Rixensart€0.1m€0.06m
DEKEYSER INVEST Torhout€1.7m€0.07m
TECONOR Stabroek€0.3m€0.1m
Full comparison

Key facts about KATZ EUROPE

What is the company number of KATZ EUROPE?
The company number of KATZ EUROPE is 0888.093.891. The VAT number is the same number with BE in front: BE 0888.093.891.
Where is KATZ EUROPE based?
The registered office is at Seinhuisstraat 5, 3600 Genk.Company details
What does KATZ EUROPE do?
According to the KBO register, the main activity is manufacture of leather and related products (NACE 15200).
What is the legal form of KATZ EUROPE?
The legal form of KATZ EUROPE is Private limited company (pre-2019) (BVBA).
When was KATZ EUROPE founded?
KATZ EUROPE was founded on 14-03-2007.
Is KATZ EUROPE still active?
Yes, KATZ EUROPE is an active enterprise in the KBO register.
How many employees does KATZ EUROPE have?
KATZ EUROPE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KATZ EUROPE?
The turnover in financial year 2025 is ≈ €98,000. This figure is estimated from the gross margin of €12,782 and 6,319 comparable companies of the same size. It probably lies between €45,000 and €230,000. It is a rough estimate.
Is KATZ EUROPE profitable?
In financial year 2025, KATZ EUROPE made a loss of €84,775.
Where can I find the annual accounts of KATZ EUROPE?
KATZ EUROPE filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KATZ EUROPE due?
KATZ EUROPE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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