KAROOT

Active

Cooperative companyfounded 20215 yrs activePhoenixstraat 77, 9000 Gent, BelgiumKBO/BCE: BE 0772.621.133

The computed 12-month bankruptcy probability of KAROOT is 1.7% (moderate). The 2025 annual accounts show negative equity (€-2k) and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 13306 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

44 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability61▲+61

Solvency23▲+9

Growth58▲+26

Track record94

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity tight (current ratio 1.15 against 1.11 in 2024; short-term debt: 43.6% and cash: 34.3% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

-2.2%

Return on assets

-5.2%

Age of the figures

9 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

22232425

2022 to 2025 · latest year €-2k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

56 d early

2024

39 d early

2023

43 d early

2022

70 d early

← before the deadline after the deadline →

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 months

Position in the running window

23-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€-2k▲ 81.5%

2024 · €-11k

2022: €29k 2023: €6k 2024: €-11k

2022 → 2025

Total assets

€90k▼ 9.6%

2024 · €100k

2022: €157k 2023: €130k 2024: €100k

2022 → 2025

Net result

€-5k▲ 75.0%

2024 · €-19k

2022: €-18k 2023: €-23k 2024: €-19k

2022 → 2025

Working capital

€6k▲ 29.3%

2024 · €4k

2022: €58k 2023: €31k 2024: €4k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€29k-€6k▼ 78.6%€-11k€-2k▲ 81.5%

Operating result€-16k-€-22k▼ 35.1%€-17k▲ 20.2%€-4k▲ 79.5%

Net result€-18k-€-23k▼ 33.8%€-19k▲ 20.3%€-5k▲ 75.0%

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

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €4k in 2025 against €17k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €90k

50.0%

Fixed assets €45k▼ 17.3%

Current assets €45k▼ 0.3%

Key figures and ratios

2025 value · change against 2024

EBITDA

€7k▲

2024 · €-7k

Cash flow

€6k▲

2024 · €-9k

Solvency

-2.2%▲

2024 · -10.5%

Current ratio

1.15▲

2024 · 1.11

Quick ratio

0.88▲

2024 · 0.84

Debt / equity

-47.45▼

2024 · -10.51

ROA

-5.2%▲

2024 · -18.7%

Interest coverage

5.83▲

2024 · -5.35

Debt

€92k▼

2024 · €111k

Debt ≤ 1 year

€39k▼

2024 · €41k

Debt > 1 year

€48k▼

2024 · €67k

Staff costs

€41k▼

2024 · €67k

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€100k€90k▼

Fixed assets21/28€55k€45k▼

Intangible fixed assets21€422€322▼

Tangible fixed assets22/27€47k€38k▼

Land and buildings22€3k€3k▼

Plant, machinery and equipment23€40k€33k▼

Furniture and vehicles24€4k€2k▼

Financial fixed assets28€7k€7k▲

Current assets29/58€45k€45k▼

Stocks and contracts in progress3€11k€10k▼

Stocks30/36€11k€10k▼

Amounts receivable within one year40/41€1k€1k▼

Trade receivables40€732€748▲

Other amounts receivable41€571€499▼

Cash at bank and in hand54/58€31k€31k▼

Deferred charges and accrued income490/1€2k€3k▲

Equity and liabilities

Total equity and liabilities10/49€100k€90k▼

Equity10/15€-11k€-2k▲

Contributions10/11€49k€63k▲

Profit (loss) carried forward14€-60k€-64k▼

Amounts payable17/49€111k€92k▼

Amounts payable after more than one year17€67k€48k▼

Financial debts170/4€67k€48k▼

Amounts payable within one year42/48€41k€39k▼

Current portion of amounts payable after more than one year42€17k€19k▲

Trade debts44€9k€6k▼

Suppliers440/4€9k€6k▼

Taxes, remuneration and social security45€16k€14k▼

Taxes450/3€8k€9k▲

Remuneration and social security454/9€8k€5k▼

Accrued charges and deferred income492/3€2k€5k▲

Income statement Code20242025

Remuneration, social security and pensions62€67k€41k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲

Other operating charges640/8€3k€2k▼

Gross operating margin9900€62k€50k▼

Operating profit (loss)9901€-17k€-4k▲

Financial income75/76B€81€35▼

Recurring financial income75€81€35▼

Financial charges65/66B€1k€1k▼

Recurring financial charges65€1k€1k▼

Profit (loss) for the period before taxes9903€-19k€-5k▲

Profit (loss) for the period9904€-19k€-5k▲

Profit (loss) for the period to be appropriated9905€-19k€-5k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-60k€-64k▼

Profit (loss) brought forward from the previous period14P€-41k€-60k▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

05-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

22-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

18-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-23k

Net result drops to €-23k, the lowest in the series; recovery starts the following year.

22-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Gent · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Phoenixstraat 779000 Gent

Ground area

316 m²

Building footprint

132 m²

Volume, LiDAR

1,139 m³

Parcel 44806F0150/00C000, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

KAROOT

Phoenixstraat 77, 9000 GentManufacture of food products

since 20212.321.279.977

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44806F0150/00C000	Flanders	316 m²	1 · 131 m²	12.2 m · 3 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.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid

Year	Entries	awarded	paid
2025	1	2,000 EUR	2,000 EUR
2023	1	2,000 EUR	2,000 EUR

Schemes

Hinderpremie bij openbare werken

2 entries · 4,000 EUR · 4,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site

Gent2.321.279.977

1 permission

Toelating · Eetgelegenheid · since 01-03-2022

Similar companies · same sector, comparable size

Jochem Lambrechts CECC

Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 5,630 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formCooperative company

Founded17-08-2021

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56111Full-service restaurants

55900Accommodation

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

56210Event catering

85599Other education

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

Website:www.karoot.gent

Enterprise

E-mail:hallo@karoot.gent

Enterprise