Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2024; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 28.5 to 5.3.
Financials
Financial year 2024
KARRAS from Verviers, company number BE0437114167, closed financial year 2024 with a result of € 349,579 after tax. For that financial year KARRAS recorded a gross margin of € 910,474 and equity of € -172,335. Compared with financial year 2023, the result moved from € -92,374 to € 349,579. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 3, 2025.
€ -172,335
▲ € 349,579 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 349,579
▲ still € 92,374 loss in 2023
Profit after tax over the fiscal year.
€ 70,229
▼ 13% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -2.5 million.
People and assets in 2024
5.3
▼ 6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 325,115
▼ 53% vs 2023
€ 61,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,611
▼ 47% vs 2023
Of which on lease € 8,193.
Debts at end 2024
€ 1.7 million
▼ 7% vs 2023
€ 155,906 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 708,551
▼ 44% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 62,499
▼ 15% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 9,554,222 | € 11,674,450 | € 8,937,221 | - | |
| Gross margin | - | - | - | € 910,474 | |
| Profit after taxes | € -800,166 | € -1,215,197 | € -92,374 | € 349,579 | ▲ € 441,954 |
| Equity | € 455,837 | € -759,360 | € -521,914 | € -172,335 | ▲ € 349,579 |
| Total debts | € 4,937,394 | € 5,966,747 | € 3,140,021 | € 2,449,564 | ▼ 22% |
| Cash | € 347,976 | € 186,451 | € 80,871 | € 70,229 | ▼ 13% |
| Land & buildings | € 260,313 | € 240,274 | € 219,288 | € 191,695 | ▼ 13% |
| Retained profit | € -1,510,397 | € -2,725,595 | € -2,817,969 | € -2,468,390 | ▲ € 349,579 |
| Bank debt | € 2,537,084 | € 2,997,754 | € 1,773,806 | € 1,657,740 | ▼ 7% |
| Balance sheet total | € 5,393,231 | € 5,207,387 | € 2,618,107 | € 2,277,229 | ▼ 13% |
| Employees (FTE) | 22.2 | 28.5 | 11.3 | 5.3 | ▼ 6 |
Key figures of KARRAS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KARRAS?
What happened at KARRAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nicolas DAMBRINNE stepped down as director. NBB
- Bernard SCHWANEN stepped down as director. NBB
- FINATCO SA stepped down as director. NBB
- EUROPE et CROISSANCE SRL stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 349,579. filed late Source: NBB ↗
- New establishment in Verviers. KBO
- Bernard SCHWANEN became a director. NBB
- EUROPE et CROISSANCE SRL became a director. NBB
In short
From € 800,166 loss in 2021 to € 349,579 profit in 2024.
Paid € 3,571 in corporate taxes since 2021.
Best year ever: 2024, with € 349,579 profit.
On average € 171,800 of value added per employee in 2024.
A new publication or filing at KARRAS? We notify you, reason included.
Follow KARRASDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by FLORIDIENNE SA (100%).
Directors
According to the 2024 annual accounts
Nicolas DAMBRINNE
Director
since 2021 · until 2027
since 2021 · until 2027
Managing director, Chairman of the board · represented by Jean-Philippe BOONEN
Also active at: DELKA, ALTESSE QUALITY FOOD, GREENBE, PAOLINA CLOTHES, DELBIS
since 2020 · until 2027
EUROPE et CROISSANCE SRL
Director · represented by Xavier DETHIER
Also active at: DFM SAVEURS, SALM INVEST
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Gelée 4
4800 Verviers
Avenue de Lambusart(L) 11
6220 Fleurus
Active since 13 April 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.114.167
- VAT number
- BE 0437.114.167
- Registered office
- Rue de Gelée 4, 4800 Verviers
- Names & denominations
- KARRAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1989
- Peppol
- Active · Active since 24 Nov 2025
- Contact
- karrasgroup.be [email protected]
- Activities · NACE
Vervaardiging van andere voedingsmiddelen, neg
Vervaardiging van overige voedingsmiddelen, n.e.g.
Groothandel in suiker, chocolade en suikerwerk