Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
KARMA from Asse, company number BE0461320815, closed financial year 2024 with a result of € -20,149 after tax. For that financial year KARMA recorded a gross margin of € -1,525 and equity of € 136,409. Compared with financial year 2023, the result moved from € -19,396 to € -20,149. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2025.
€ 136,409
▼ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,149
▼ 4 % more loss than in 2023
Profit after tax over the fiscal year.
€ 376
▼ 83% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31,899.
People and assets in 2024
€ 1,068
▼ 26% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 73,622
▼ 16% vs 2023
€ 14,176 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,803
▲ 35% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 7,416 | € 7,963 | € 120 | € -1,525 | ▼ € 1,646 |
| Profit after taxes | € -12,372 | € -11,392 | € -19,396 | € -20,149 | ▼ € 753 |
| Equity | € 187,347 | € 175,955 | € 156,558 | € 136,409 | ▼ 13% |
| Total debts | € 116,643 | € 101,338 | € 96,995 | € 109,224 | ▲ 13% |
| Cash | € 2,473 | € 2,909 | € 2,232 | € 376 | ▼ 83% |
| Land & buildings | € 264,732 | € 252,318 | € 239,903 | € 227,489 | ▼ 5% |
| Retained profit | € 19,038 | € 7,646 | € -11,750 | € -31,899 | ▼ € 20,149 |
| Bank debt | € 112,367 | € 100,046 | € 87,138 | € 73,622 | ▼ 16% |
| Balance sheet total | € 303,989 | € 277,292 | € 253,553 | € 245,633 | ▼ 3% |
Key figures of KARMA, 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 KARMA?
What happened at KARMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc VANDERSTRAETEN stepped down as director. NBB
- Marina FIEREMANS stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 20,149. filed late Source: NBB ↗
- Marc VANDERSTRAETEN became a director. NBB
- Marina FIEREMANS became a director. NBB
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,372 loss in 2021 to € 20,149 loss in 2024.
Paid € 1,018 in corporate taxes since 2021.
Management
The stake of MARIMAR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KARMAThe shares are held by MARIMAR (100%).
Establishments
Establishment units
Physical locations of this company
Landbeek 40
1730 Asse
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
- 0461.320.815
- VAT number
- BE 0461.320.815
- Registered office
- Landbeek 40, 1730 Asse
- Names & denominations
- KARMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 1997
- Peppol
- Active · Active since 12 Feb 2025