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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Cabinet Karat from Watermaal-Bosvoorde, company number BE0650971057, closed financial year 2025 with a result of € 10,268 after tax. For that financial year Cabinet Karat recorded a gross margin of € 39,107 and equity of € -6,728. Compared with financial year 2024, the result moved from € -17,991 to € 10,268. 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 July 29, 2026.
€ -6,728
▲ € 10,268 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,268
▲ still € 17,991 loss in 2024
Profit after tax over the fiscal year.
€ 7,747
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -20,988.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 13,976
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,125
▼ 51% vs 2024
Loans from banks and other lenders, long and short.
€ 1,566
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,841
▲ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,644 | € 23,664 | € 15,015 | € 39,107 | ▲ 160% |
| Profit after taxes | € -13,994 | € -8,193 | € -17,991 | € 10,268 | ▲ € 28,259 |
| Equity | € 9,187 | € 995 | € -16,996 | € -6,728 | ▲ € 10,268 |
| Total debts | € 128,097 | € 103,069 | € 68,233 | € 30,377 | ▼ 55% |
| Cash | € 23,367 | € 15,584 | € 5,707 | € 7,747 | ▲ 36% |
| Retained profit | € -3,213 | € -13,265 | € -31,256 | € -20,988 | ▲ € 10,268 |
| Bank debt | € 24,895 | € 18,833 | € 12,574 | € 6,125 | ▼ 51% |
| Balance sheet total | € 137,285 | € 104,064 | € 51,237 | € 23,649 | ▼ 54% |
Key figures of Cabinet Karat, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Cabinet Karat?
What happened at Cabinet Karat in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,268. Source: NBB ↗
- Eleni Karatzas became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,994 loss in 2022 to € 10,268 profit in 2025.
Paid € 412 in corporate taxes since 2022.
Best year ever: 2025, with € 10,268 profit.
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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
Behind Cabinet Karat is Eleni Karatzas.
Directors
According to the 2025 annual accounts
Eleni Karatzas
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Dries 33
1170 Watermaal-Bosvoorde
Ambiorixsquare 40 box 49
1000 Brussel
Active since 1 April 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0650.971.057
- VAT number
- BE 0650.971.057
- Registered office
- Dries 33, 1170 Watermaal-Bosvoorde
- Names & denominations
- Cabinet Karat
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2016
- Peppol
- Not registered
- Activities · NACE
Activiteiten van tandartspraktijken