ACTIVE

Carnotim

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Financial year 2025 · Closed on 31/12/2025

Net result7,1 k €+10,2 %over 1 year

Gross margin-2,4 k €+37,8 %over 1 year

Equity1 M €+0,7 %over 1 year

Identity

Source · BCE/KBO

Carnotim is a Public limited company incorporated in 1970. Its registered office is in Wuustwezel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0407.016.255
Incorporation: 19/02/1970
Legal form: Public limited company
Registered office: Bredabaan (Centrum) 421 box 1
2990 Wuustwezel · FlandreSee on map
Contributed capital: 247 893,52 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-2,4 k €	+37.8%	-3,8 k €	-83.6%	-2,1 k €	+6.0%	-2,2 k €	-6.2%	-2,1 k €
EBITDA	-2,6 k €	+36.0%	-4 k €	-77.7%	-2,3 k €	+11.5%	-2,6 k €	-13.6%	-2,3 k €
Operating result	-2,6 k €	+36.0%	-4 k €	-77.7%	-2,3 k €	+11.5%	-2,6 k €	-13.6%	-2,3 k €
Net result	7,1 k €	+10.2%	6,4 k €	+152%	2,6 k €	+270%	-1,5 k €	+41.9%	-2,6 k €
Balance sheet
Equity	1 M €	+0.7%	1 M €	+0.6%	1 M €	+0.3%	1 M €	-0.1%	1 M €
Total assets	1 M €	+0.5%	1 M €	-6.3%	1,1 M €	+0.2%	1,1 M €	-0.1%	1,1 M €
Cash	76,3 k €	+188%	26,5 k €	-54.5%	58,2 k €	-90.1%	589,3 k €	+46.2%	403,2 k €
Debts	229,1 €	-86.7%	1,7 k €	+303%	426,5 €	-56.4%	978,9 €	+638%	132,7 €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Walter Quirynen	Directorsince 08/06/2016Managing director09/06/2004 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Chloé Quirynen	Director23/04/2020 → 2024 accounts
Q & M0437.162.073Represented by Walter Quirynen	Director08/06/2016 → 23/04/2020

Other companies at this address

Bredabaan (Centrum) 421 2990 Wuustwezel

Company	CBE no.
WARICO● Active	0429.023.179

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/06/2026	30/06/2025	25/06/2024	19/06/2023	20/06/2022	10/06/2021
General meeting	10/06/2026	11/06/2025	12/06/2024	14/06/2023	08/06/2022	09/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	10/06/2026	12/06/2026	Dutch	PDF
Micro model	31/12/2024	11/06/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	12/06/2024	25/06/2024	Dutch	PDF
Micro model	31/12/2022	14/06/2023	19/06/2023	Dutch	PDF
Micro model	31/12/2021	08/06/2022	20/06/2022	Dutch	PDF
Micro model	31/12/2020	09/06/2021	10/06/2021	Dutch	PDF
Micro model	31/12/2019	10/06/2020	12/06/2020	Dutch	PDF
Micro model	31/12/2018	12/06/2019	14/06/2019	Dutch	PDF
Micro model	31/12/2017	13/06/2018	15/06/2018	Dutch	PDF
Abridged model	31/12/2016	14/06/2017	16/06/2017	Dutch	PDF
Abridged model	31/12/2015	08/06/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	10/06/2015	12/06/2015	Dutch	PDF
Abridged model	31/12/2013	11/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	12/06/2013	24/07/2013	Dutch	PDF
Abridged model	31/12/2011	13/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	08/06/2011	12/08/2011	Dutch	PDF
Abridged model	31/12/2009	09/06/2010	06/08/2010	Dutch	PDF
Abridged model	31/12/2008	10/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	11/06/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	13/06/2007	20/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Walter Quirynen	Directorsince 08/06/2016Managing director09/06/2004 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Chloé Quirynen	Director23/04/2020 → 2024 accounts
Q & M0437.162.073Represented by Walter Quirynen	Director08/06/2016 → 23/04/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/12/2016
Verplaatsing maatschappelijke zetel |
PDF
Mandates05/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/08/2014
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares01/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/08/2010
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Walter Quirynen

Chloé Quirynen

Q & M

Constant QUIRIJNEN

Charlotte VAN DEN BROECK

Constant Quirynen

Walter Quirijnen

197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Carnotim

Bredabaan (Centrum) 421 bte 1, 2990 Wuustwezel

DirectorManaging director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Bredabaan (Centrum) 421 bte 1, 2990 WuustwezelCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00156712

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CarnotimCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00156712

Events

2025
Annual accounts 20257,1 k €↑
2024
Annual accounts 20246,4 k €↑
2023
Annual accounts 20232,6 k €↑
2022
Annual accounts 2022-1,5 k €↑
2021
Annual accounts 2021-2,6 k €↓
2020
Annual accounts 2020238,4 k €↑
2019
Annual accounts 2019493,7 €↑
2018
Annual accounts 2018-22,2 k €↓
2017
Annual accounts 201735,6 k €↑
2016
Annual accounts 2016-40,6 k €↓
2015
Annual accounts 201515,3 k €↑
2014
Annual accounts 2014-62,7 k €↓
2013
Annual accounts 2013114,7 k €↓
2012
Annual accounts 2012143,1 k €↑
2011
Annual accounts 2011-3,1 k €↓
2010
Annual accounts 2010123,5 k €↑
2009
Annual accounts 200987,9 k €↑
2008
Annual accounts 200868 k €↓
2007
Annual accounts 200768,3 k €↑
2006
Annual accounts 20061,3 k €
19/02/1970
IncorporationPublic limited company

Carnotim

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events