ACTIVE

Karo

Financial year 2025 · Closed on 31/12/2025

Net result10,2 k €-12,3 %over 1 year

Gross margin30,4 k €+8,6 %over 1 year

Equity343,5 k €+3,1 %over 1 year

Identity

Source · BCE/KBO

Karo is a Private limited company incorporated in 1981. Its main activity is: Security and investigation activities. Its registered office is in Wuustwezel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0421.843.201
Incorporation: 01/07/1981
Legal form: Private limited company
Registered office: Leemdreef 56
2990 Wuustwezel · FlandreSee on map
Contributed capital: 19 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

80411Security and investigation activities· main 85531Driving school activities 85531Driving school activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	30,4 k €	+8.6%	28 k €	-4.4%	29,3 k €	+11.9%	26,1 k €	+21.9%	21,5 k €
EBITDA	28,2 k €	+8.1%	26,1 k €	-3.3%	27 k €	+9.9%	24,5 k €	+22.9%	20 k €
Operating result	13,6 k €	+7.7%	12,6 k €	-16.5%	15,1 k €	+66.2%	9,1 k €	-16.5%	10,9 k €
Net result	10,2 k €	-12.3%	11,7 k €	-22.3%	15 k €	+66.7%	9 k €	-16.3%	10,7 k €
Balance sheet
Equity	343,5 k €	+3.1%	333,3 k €	+3.6%	321,6 k €	+4.9%	306,6 k €	+3.0%	297,6 k €
Total assets	345,9 k €	+3.0%	335,7 k €	+3.7%	323,6 k €	+4.7%	309 k €	-3.6%	320,4 k €
Cash	57,7 k €	+95.0%	29,6 k €	+41.7%	20,9 k €	+44.6%	14,4 k €	-56.5%	33,2 k €
Debts	2 k €	+19.5%	1,7 k €	+4.1%	1,6 k €	+7.9%	1,5 k €	-93.3%	21,9 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Rijschool ’t Noorden0474.389.683Represented by Remory Matthew	Directorsince 01/09/2020

Ended mandates

Director	Mandates in this company	Period
Dirk Lauryssen	Mandate2014 accountsAdministrator - manager2019 accountsManager2018 accounts

Other companies at this address

Leemdreef 56 2990 Wuustwezel

Company	CBE no.
A DIFFERENT TRACK● Active	0783.386.747
Rijschool ’t Noorden● Active	0474.389.683

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	10/06/2026	24/06/2025	24/06/2024	20/06/2023	22/06/2022	29/06/2021
General meeting	30/05/2026	15/06/2025	16/06/2024	18/06/2023	19/06/2022	20/06/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/05/2026	10/06/2026	Dutch	PDF
Abridged model	31/12/2024	15/06/2025	24/06/2025	Dutch	PDF
Abridged model	31/12/2023	16/06/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	18/06/2023	20/06/2023	Dutch	PDF
Abridged model	31/12/2021	19/06/2022	22/06/2022	Dutch	PDF
Abridged model	31/12/2020	20/06/2021	29/06/2021	Dutch	PDF
Micro model	31/12/2019	17/06/2020	26/08/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	25/07/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	27/07/2018	Dutch	PDF
Micro model	31/12/2016	16/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	23/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	29/08/2011	Dutch	PDF
Abridged modelCorrection	31/12/2009	18/06/2010	02/03/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	03/08/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	26/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	24/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 1 ended

Active mandates

Director	Mandates in this company	Period
Rijschool ’t Noorden0474.389.683Represented by Remory Matthew	Directorsince 01/09/2020

Ended mandates

Director	Mandates in this company	Period
Dirk Lauryssen	Mandate2014 accountsAdministrator - manager2019 accountsManager2018 accounts

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office07/07/2025
MAATSCHAPPELIJKE ZETEL
PDF
Registered office20/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL
PDF
Mandates05/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office31/10/2005
MAATSCHAPPELIJKE ZETEL
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

Filings18 filings

Mandates

Rijschool ’t Noorden

Dirk Lauryssen

1981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Karo

Leemdreef 56, 2990 WuustwezelBredabaan 150, 2990 WuustwezelBredabaan 95, 2990 Wuustwezel

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Leemdreef 56, 2990 WuustwezelCurrent	accounts 2025	Accounts 2025 · 2026-00148965
Bredabaan 150, 2990 Wuustwezel	accounts 2023 → 2024	Accounts 2024 · 2025-00168200
Bredabaan 95, 2990 Wuustwezel	accounts 2021 → 2022	Accounts 2022 · 2023-00138039

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
KaroCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00148965

Events

2025
Annual accounts 202510,2 k €↓
2024
Annual accounts 202411,7 k €↓
2023
Annual accounts 202315 k €↑
2022
Annual accounts 20229 k €↓
2021
Annual accounts 202110,7 k €↓
2019
Annual accounts 201912 k €↑
2018
Annual accounts 2018-12,8 k €↓
2017
Annual accounts 20171,4 k €↓
2016
Annual accounts 201630,1 k €↑
2015
Annual accounts 20153,8 k €↑
2014
Annual accounts 2014-10,5 k €↓
2013
Annual accounts 2013-8,4 k €↑
2012
Annual accounts 2012-20,7 k €↓
2011
Annual accounts 2011-7,3 k €↑
2010
Annual accounts 2010-13,3 k €↓
2009
Annual accounts 2009-7,3 k €↓
2008
Annual accounts 2008-7 k €↓
2007
Annual accounts 2007-3,5 k €
01/07/1981
IncorporationPrivate limited company

Karo

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