ACTIVE

KAROS

Financial year 2024 · closed on 31/12/2024
Net result
251 k €
+7.4% YoY
Gross margin
502,5 k €
+15.4% YoY
Equity
3,4 M €
+1.4% YoY

What does KAROS do?

KAROS is a Public limited company incorporated in 1984. Its registered office is in Oostkamp.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0425.641.443
Incorporation
06/04/1984
Legal form
Public limited company
Registered office
Torhoutsestraat 105
8020 Oostkamp · FlandreSee on map
Contributed capital
230 540,98 €
Latest accounts
31/12/2024
Joint committees (1)
  • 302
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin502,5 k €435,3 k €414,3 k €322,4 k €762,1 k €813,9 k €800,8 k €692,1 k €696 k €577,6 k €645,5 k €654,4 k €347,2 k €221,9 k €388,9 k €401,4 k €554,7 k €630,6 k €
EBITDA500,3 k €421,4 k €356,1 k €164,3 k €348,2 k €407,2 k €417,8 k €334,8 k €345,4 k €276,1 k €280,2 k €317,5 k €14,9 k €-61,5 k €56,2 k €79,6 k €164,2 k €233,5 k €
Operating result376,2 k €279,6 k €188,7 k €-1,9 k €32,9 k €120,9 k €118,9 k €36,2 k €53,6 k €106,5 k €126,3 k €158,6 k €-138,6 k €-161,6 k €-54,9 k €-30,6 k €70,3 k €135,7 k €
Net result251 k €233,7 k €161,3 k €-191,1 k €-26,5 k €57,8 k €48,7 k €-48,2 k €7,8 k €48,1 k €12,6 k €44,7 k €-270,6 k €-272 k €-147 k €-129,6 k €7,2 k €69,4 k €
Balance sheet
Equity3,4 M €3,3 M €3,1 M €2,9 M €3,6 M €3,7 M €3,6 M €3,5 M €3,6 M €-464,5 k €-512,6 k €-525,2 k €-569,9 k €-299,4 k €-27,4 k €119,6 k €249,2 k €242 k €
Total assets3,7 M €3,6 M €3,7 M €4,3 M €6,5 M €6,3 M €6,5 M €7,2 M €7,7 M €2,4 M €2,7 M €2,6 M €2,7 M €1,5 M €1,6 M €1,8 M €1,4 M €1,5 M €
Cash5,3 k €72,2 k €71 k €368,8 k €176,3 k €42,9 k €100 k €225,8 k €79,8 k €101,3 k €51 k €197,7 k €39,1 k €5,2 k €5,1 k €45,5 k €45,9 k €60,5 k €
Debts279,7 k €261,3 k €600,3 k €1,3 M €2,9 M €2,7 M €2,9 M €3,7 M €4,1 M €2,9 M €3,2 M €3,1 M €3,2 M €1,8 M €1,6 M €1,7 M €1,2 M €1,3 M €
Other
Workforce0,0 ETP2,8 ETP7,8 ETP7,2 ETP7,3 ETP6,9 ETP6,5 ETP5,4 ETP6,6 ETP6,1 ETP5,3 ETP5,0 ETP5,9 ETP6,9 ETP10,4 ETP10,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 19 ended

Active mandates

CW Hospitality

Director · 0877.839.211

Represented by Benjamin Willaert

Active
Sanders Kristof

Managing director · 0472.735.438

Represented by Kristof SANDERS

Active

Ended mandates

CW Hospitality

Director · since 15 février 2021 · until 07 juin 2027 · 0877.839.211

Represented by Willaert BENJAMIN

Ended
CW Hospitality

Director · since 15 février 2021 · until 07 juin 2027 · 0877.839.211

Represented by Benjamin Willaert

Ended
Sanders Kristof

Director · since 15 février 2021 · until 07 juin 2027 · 0472.735.438

Represented by Kristof Sanders

Ended
Gravinsky Isreal

Director · since 04 juin 2018 · until 03 juin 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
CLK INVESTActive
0502.781.682
0434.193.378
EMVIActive
0721.945.066
FORSAActive
0463.670.787
NatimmoActive
0421.888.137
ORANGERIEActive
0423.138.447
Sanders KristofActive
0472.735.438
WISANActive
1002.123.628
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202530/08/202431/07/202327/06/202230/08/202115/02/2021
General meeting30/06/202530/06/202430/06/202307/06/202230/06/202109/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202529/08/2025DutchPDF
Abridged model31/12/202330/06/202430/08/2024DutchPDF
Abridged model31/12/202230/06/202331/07/2023DutchPDF
Abridged model31/12/202107/06/202227/06/2022DutchPDF
Abridged model31/12/202030/06/202130/08/2021DutchPDF
Abridged model31/12/201909/02/202115/02/2021DutchPDF
Abridged model31/12/201827/11/201907/02/2020DutchPDF
Abridged model31/12/201727/08/201827/08/2018DutchPDF
Abridged model31/12/201606/11/201707/11/2017DutchPDF
Abridged model31/12/201528/06/201617/11/2016DutchPDF
Abridged model31/12/201407/08/201527/08/2015DutchPDF
Abridged model31/12/201315/09/201425/09/2014DutchPDF
Abridged model31/12/201203/01/201411/02/2014DutchPDF
Abridged model31/12/201116/07/201230/08/2012DutchPDF
Abridged model31/12/201028/10/201123/11/2011DutchPDF
Abridged model31/12/200915/09/201030/09/2010DutchPDF
Abridged model31/12/200802/06/200928/08/2009DutchPDF
Abridged model31/12/200702/06/200828/08/2008DutchPDF
Abridged model31/12/200604/06/200705/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 19 ended

Active mandates

CW Hospitality

Director · 0877.839.211

Represented by Benjamin Willaert

Active
Sanders Kristof

Managing director · 0472.735.438

Represented by Kristof SANDERS

Active

Ended mandates

CW Hospitality

Director · since 15 février 2021 · until 07 juin 2027 · 0877.839.211

Represented by Willaert BENJAMIN

Ended
CW Hospitality

Director · since 15 février 2021 · until 07 juin 2027 · 0877.839.211

Represented by Benjamin Willaert

Ended
Sanders Kristof

Director · since 15 février 2021 · until 07 juin 2027 · 0472.735.438

Represented by Kristof Sanders

Ended
Gravinsky Isreal

Director · since 04 juin 2018 · until 03 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office26/10/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/02/2016
    KAPITAAL - AANDELEN
    PDF
  • Mandates13/11/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/04/2011
    KAPITAAL - AANDELEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024251 k €
  2. 2023
    Annual accounts 2023233,7 k €
  3. 2022
    Annual accounts 2022161,3 k €
  4. 2021
    Annual accounts 2021-191,1 k €
  5. 2019
    Annual accounts 2019-26,5 k €
  6. 2018
    Annual accounts 201857,8 k €
  7. 2017
    Annual accounts 201748,7 k €
  8. 2016
    Annual accounts 2016-48,2 k €
  9. 2015
    Annual accounts 20157,8 k €
  10. 2014
    Annual accounts 201448,1 k €
  11. 2013
    Annual accounts 201312,6 k €
  12. 2012
    Annual accounts 201244,7 k €
  13. 2011
    Annual accounts 2011-270,6 k €
  14. 2010
    Annual accounts 2010-272 k €
  15. 2009
    Annual accounts 2009-147 k €
  16. 2008
    Annual accounts 2008-129,6 k €
  17. 2007
    Annual accounts 20077,2 k €
  18. 2006
    Annual accounts 200669,4 k €
  19. 06/04/1984
    IncorporationPublic limited company