WARENHUIZEN KARAMAN
ActiveWARENHUIZEN KARAMAN has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €537k and a net result of €-45k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 72% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-6
Solvency82▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 2.03 in 2024; short-term debt: 42.5% and cash: 34.1% of total assets), and 42.5% of the assets are financed with debt.
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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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
40 d late
2024
on the day
2023
19 d early
2022
31 d late
2021
77 d late
2020
61 d late
2019
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-45k
2024 · €4k
2018: €15k
2019: €-35k
2020: €131k
2021: €248k
2022: €33k
2023: €-45k
2024: €4k
2018 → 2025
Working capital
€441k▲ 1.5%
2024 · €435k
2018: €402k
2019: €61k
2020: €123k
2021: €180k
2022: €497k
2023: €408k
2024: €435k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€591k-€623k▲ 5.5%€578k▼ 7.2%€582k▲ 0.7%€537k▼ 7.8%
Operating result€244k-€42k▼ 82.9%€-57k€14k€-34k
Net result€248k-€33k▼ 86.9%€-45k€4k€-45k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €34k after €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €935k
Fixed assets
€96k▼ 51.7%
Current assets
€839k▼ 2.2%
Equity and liabilities €935k
Equity
€537k▼ 7.8%
Debt
€397k▼ 16.1%
The debt ratio falls from 44.9% to 42.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€79k▼
2024 · €124k
Cash flow
€68k▼
2024 · €114k
Solvency
57.5%▲
2024 · 55.1%
Current ratio
2.11▲
2024 · 2.03
Quick ratio
1.51▲
2024 · 1.49
Debt / equity
0.74▼
2024 · 0.81
ROE
-8.4%▼
2024 · 0.7%
ROA
-4.8%▼
2024 · 0.4%
Interest coverage
7.50▼
2024 · 12.96
Debt
€397k▼
2024 · €474k
Debt ≤ 1 year
€397k▼
2024 · €423k
Debt > 1 year
€0▼
2024 · €51k
Income taxes
€454▲
2024 · €257
Staff costs
€238k▲
2024 · €216k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€935k▼
Fixed assets21/28€198k€96k▼
Tangible fixed assets22/27€198k€96k▼
Plant, machinery and equipment23€56k€43k▼
Furniture and vehicles24€10k€3k▼
Other tangible fixed assets26€133k€50k▼
Current assets29/58€858k€839k▼
Stocks and contracts in progress3€227k€239k▲
Stocks30/36€227k€239k▲
Amounts receivable within one year40/41€453k€266k▼
Trade receivables40€31k€30k▼
Other amounts receivable41€422k€236k▼
Cash at bank and in hand54/58€163k€319k▲
Deferred charges and accrued income490/1€15k€15k▼
Equity and liabilities
Total equity and liabilities10/49€1.06M€935k▼
Equity10/15€582k€537k▼
Contributions10/11€370k€370k=
Outside capital11€370k€370k=
Other1109/19€370k€370k=
Reserves13€147k€147k=
Non-distributable reserves130/1€37k€37k=
Legal reserve130€37k€37k=
Tax-exempt reserves132€80k€80k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€66k€20k▼
Amounts payable17/49€474k€397k▼
Amounts payable after more than one year17€51k€0▼
Financial debts170/4€51k€0▼
Amounts payable within one year42/48€423k€397k▼
Current portion of amounts payable after more than one year42€67k€51k▼
Trade debts44€317k€299k▼
Suppliers440/4€317k€299k▼
Taxes, remuneration and social security45€38k€47k▲
Taxes450/3€421€2k▲
Remuneration and social security454/9€38k€45k▲
Other amounts payable47/48€845€0▼
Income statement
Code20242025
Non-recurring operating income76A€10k€20k▲
Remuneration, social security and pensions62€216k€238k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€113k▲
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€5k€0▼
Gross operating margin9900€348k€318k▼
Operating profit (loss)9901€14k€-34k▼
Financial income75/76B€222€62▼
Recurring financial income75€222€62▼
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€4k€-45k▼
Income taxes67/77€257€454▲
Profit (loss) for the period9904€4k€-45k▼
Profit (loss) for the period to be appropriated9905€4k€-45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€20k▼
Profit (loss) brought forward from the previous period14P€62k€66k▲
Social balance
Average headcount (FTE)90876.66.5▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 40 days late
2025
31-12
Financial
Weakest financial yearnet €-45k ▼1232%
Net result drops to €-45k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 77 days late
2021
31-12
Financial
Highest result since 2018net €248k ▲89.5%
Operating result €244k, net result €248k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Back to profitnet €131k
Net result €131k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 93 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Begijnendijk · 1 establishment unit since 1980
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.
Baalsesteenweg 123130 BegijnendijkGround area
2,284 m²
Building footprint
1,058 m²
Volume, LiDAR
4,292 m³
Parcel 24007A0310/00G000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Baalsesteenweg 12, 3130 Begijnendijk
since 19802.017.486.370
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24007A0310/00G000 | Flanders | 2,284 m² | 1 · 1,058 m² | 8.5 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBegijnendijk2.017.486.370
Dual-learning approval
2 live approvals · 7 endedWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Similar companies · same sector, comparable size
ALTER EGO EXPRESS
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Daerden
BE 0413.700.248
Putte · Eq €537k
LORENCI
BE 0552.902.176
Schoten · Eq €538k
FRESHDIS
BE 0898.985.013
Tongeren-Borgloon · Eq €539k
INTERGEL
BE 0436.607.193
Etterbeek · Eq €536k
Of 10,524 companies in sector 47110 we hold annual accounts for 5,860. 3,049 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-11-1978
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.