Age5 yrs
Real estate1 parcel · 135 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of KAR is 9.1% (elevated). The 2022 annual accounts show equity of €2k and a net result of €-23k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone9.1%
Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector
+Annual accounts: weaker financial profile
+Young company
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-01-2026, 174 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 21-01-2026 | 174 d late | 2026-00010894 |
| 31-12-2023 | 31-07-2024 | 18-09-2024 | 49 d late | 2024-00464654 |
| 31-12-2022 | 31-07-2023 | 25-07-2023 | 6 d early | 2023-00280384 |
| 31-12-2021 | 31-07-2022 | 31-05-2022 | 61 d early | 2022-20039278 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
Turnover€456k-30.6%
EBIT margin-4.4%-6.3pp
Net result€-23k
Working capital€-17k-126.7%
Annual accounts & ratios
Source: NBB · 2022Annual accounts filed on 21-01-2026 with the NBB · fiscal year 2024 · verkort
€456k
-30.6%
21-22
€4k
-79.3%
21-22
€-23k
-
21-22
€1k
-92.4%
21-22
€81k
-28.1%
21-22
€2k
-92.1%
21-22
€-17k
-126.7%
21-22
€76k
-53.4%
21-22
Show 13 other metrics
€1k
-
21-22
€79k
-10.2%
21-22
€46k
+7.9%
21-22
€33k
-27.4%
21-22
0.63
-23.7%
21-22
0.55
-26.8%
21-22
2.4%
-89.0%
21-22
40.67
+1036.8%
21-22
-1166.2%
-
21-22
-28.0%
-
21-22
-4.9%
-
21-22
0.8%
-70.2%
21-22
1.24
-85.9%
21-22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | €456k |
| EBITDA | €4k |
| Net profit | €-23k |
| Cash flow | €1k |
| Staff costs | €76k |
| Income taxes | - |
| Dividends | - |
| Total assets | €81k |
| Equity | €2k |
| Debt | €79k |
| of which ≤ 1y | €46k |
| of which > 1y | €33k |
| Working capital | €-17k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.63 |
| Quick ratio | 0.55 |
| Working capital ratio | -21.2% |
| Solvency | 2.4% |
| Debt / equity | 40.67 |
| Long-term debt ratio | 16.92 |
| Interest coverage | 1.24 |
| Gross margin | 16.9% |
| Net margin | -4.9% |
| ROA | -28.0% |
| ROE | -1166.2% |
| EBITDA margin | 0.8% |
| Days sales outstanding | 2d |
| Days payable outstanding | 17d |
| Inventory turnover | 102.43 |
| Days inventory (DSI) | 4d |
Balance-sheet composition 2022
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €81k |
| Fixed assets | 21/28 | €52k |
| Tangible fixed assets | 22/27 | €52k |
| Current assets | 29/58 | €29k |
| Stocks & contracts in progress | 3 | €4k |
| Amounts receivable within one year | 40/41 | €15k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €81k |
| Equity | 10/15 | €2k |
| Contributions / capital | 10/11 | €15k |
| Accumulated profits (losses) | 14 | €-13k |
| Amounts payable | 17/49 | €79k |
| Amounts payable after one year | 17 | €33k |
| Amounts payable within one year | 42/48 | €46k |
| Trade debts payable within one year | 44 | €17k |
| Income statement | ||
| Turnover | 70 | €456k |
| Gross operating margin | 9900 | €82k |
| Operating result | 9901 | €-20k |
| Financial income | 75 | €346 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-23k |
| Net result for the period | 9904 | €-23k |
| Result to be appropriated | 9905 | €-23k |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2022 · computed4
/ 100
Critical
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationPIZZA PASTA NR.1 CITY
since 20202.307.909.914
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area135 m²
Buildings1
Building footprint135 m²
Volume (LiDAR)1,162 m³
Tallest building15.0 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3845/00Y000 | Flanders | 135 m² | 1 · 135 m² | 15.0 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts Address history · 1
27-05-2026
Seat change: new: Brederodestraat 144, 2018 Antwerpen, old: Graaf Van Hoornestraat 57, 2000 Antwerpen, effective_date: 2026-04-07
All acts · 2
updated 2 months ago
2026
27-05-2026 Seat change · General meeting · Act object
- Publication: 2026-05-27 · KAR BV
- Filing: 2026-05-13 · KAR BV
- Seat change: new: Brederodestraat 144, 2018 Antwerpen, old: Graaf Van Hoornestraat 57, 2000 Antwerpen, effective_date: 2026-04-07 · KAR BV
- General meeting: date: 2026-04-07 · KAR BV
- Act object: Adreswijziging
Summary:
Seat change · General meeting · Act object
2020
07-10-2020 Incorporation of a new BV
Summary:
oprichting
Analysis
Financial profile
5 of 5 axes measured25
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
4
Profitability
1
Solvency
4
Growth
22
Stability
94
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 2,996 of the 21,773 companies in this sector. 1,215 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
| Legal nameNL | KAR |
Registered office
Brederodestraat 144
2018 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.