KAWTAR
ActiveSummary
The computed 12-month bankruptcy probability of KAWTAR is 2.1% (moderate). The 2024 annual accounts show equity of €2k and a net result of €202. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 6717 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+27
Solvency32▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
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
6.8%
Return on assets
0.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 6717 sector peers (2024).
NBB · sector comparisonPosition among 6717 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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
25 d late
2023
28 d late
2022
30 d late
2021
28 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€2k▲ 14.2%
2023 · €1k
2018: €-12k
2019: €-13k
2020: €-9k
2021: €7k
2022: €3k
2023: €1k
2018 → 2024
Total assets
€24k▲ 119%
2023 · €11k
2018: €9k
2019: €7k
2020: €20k
2021: €37k
2022: €15k
2023: €11k
2018 → 2024
Net result
€202
2023 · €-1k
2018: €-4k
2019: €-768
2020: €3k
2021: €16k
2022: €-4k
2023: €-1k
2018 → 2024
Working capital
€-352
2023 · €7k
2018: €-5k
2019: €-3k
2020: €2k
2021: €22k
2022: €6k
2023: €7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-9k-€7k€3k▼ 57.9%€1k▼ 51.2%€2k▲ 14.2%
Operating result€4k-€16k▲ 366%€-4k€-1k▲ 71.5%€444
Net result€3k-€16k▲ 379%€-4k€-1k▲ 62.8%€202
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €444 after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €24k
Fixed assets
€21k ▲ 551%
Current assets
€3k ▼ 57.4%
Equity and liabilities €24k
Equity
€2k ▲ 14.2%
Debt
€22k ▲ 134%
Debt's share of the balance-sheet total rises from 86.9% to 93.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▲
2023 · €2k
Cash flow
€4k▲
2023 · €1k
Current ratio
0.90▼
2023 · 8.44
Debt to equity
13.65▲
2023 · 6.65
ROE
12.4%▲
2023 · -105.0%
ROA
0.8%▲
2023 · -13.7%
Interest coverage
16.88▲
2023 · 4.93
Debt ≤ 1 year
€4k▲
2023 · €917
Debt > 1 year
€19k▲
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€11k€24k▲
Fixed assets21/28€3k€21k▲
Tangible fixed assets22/27€3k€21k▲
Furniture and vehicles24€3k€21k▲
Current assets29/58€8k€3k▼
Amounts receivable within one year40/41€19-
Trade receivables40€5-
Other amounts receivable41€14-
Cash at bank and in hand54/58€7k€3k▼
Deferred charges and accrued income490/1€593€25▼
Equity and liabilities
Total equity and liabilities10/49€11k€24k▲
Equity10/15€1k€2k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-17k€-17k▲
Amounts payable17/49€9k€22k▲
Amounts payable after more than one year17€9k€19k▲
Financial debts170/4€9k€19k▲
Amounts payable within one year42/48€917€4k▲
Trade debts44€339€502▲
Suppliers440/4€339€502▲
Taxes, remuneration and social security45€55€143▲
Taxes450/3€55€143▲
Other amounts payable47/48€523€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€575-
Gross operating margin9900€2k€4k▲
Operating profit (loss)9901€-1k€444▲
Financial charges65/66B€376€241▼
Recurring financial charges65€376€241▼
Profit (loss) for the period before taxes9903€-1k€202▲
Profit (loss) for the period9904€-1k€202▲
Profit (loss) for the period to be appropriated9905€-1k€202▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-17k▲
Profit (loss) brought forward from the previous period14P€-16k€-17k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €202
Net result €202 after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 8.44
Current ratio from 3.45 to 8.44; short-term debt falls from €3k to €917.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-4k ▼124%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
31-12
Financial
Highest result since 2018net €16k ▲379%
Operating result €16k, net result €16k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.40
Current ratio from 1.34 to 4.40.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.34
Current ratio from 0.56 to 1.34; short-term debt falls from €7k to €6k.
Show earlier events
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 1996
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.
Munthofstraat 1091060 Sint-Gillis (bij-Brussel)Ground area
95 m²
Building footprint
83 m²
Volume, LiDAR
1,249 m³
Parcel 21013B0194/00H008, Brussels · tallest building 19.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
KAWTAR SPRL
since 19962.076.215.021
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0194/00H008 | Brussels | 95 m² | 1 · 83 m² | 19.1 m · 6 fl. |
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.
Similar companies · same sector, comparable size
YOU BUSINESS
BE 0725.550.102
Etterbeek · Eq €1,626
SARAFOULA
BE 1009.829.485
Brussel · Eq €1,635
ASALE
BE 0444.258.218
Jette · Eq €1,607
T.I.B GROUP
BE 0738.522.564
Schaarbeek · Eq €1,664
BATI BABEL
BE 0758.741.621
Sint-Jans-Molenbeek · Eq €1,581
Of 6,686 companies in sector 49330 we hold annual accounts for 2,295. 943 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-1995
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.