CARMINA
0444.419.257 · rovalta.com · 23/09/2026
ACTIVE
CARMINA
Financial year 2025 · closed on 30/06/2025
Net result
36,8 k €
-32.5% YoY
Gross margin
743 k €
+25.2% YoY
Equity
422,9 k €
+9.5% YoY
Workforce
9,2 ETP
+33.3% YoY
Overview
What does CARMINA do?
CARMINA is a Private limited company incorporated in 1991. Its registered office is in Malle. It employs on average 9,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0444.419.257
Incorporation
19/06/1991
Legal form
Private limited company
Registered office
Energieweg 3
2390 Malle · FlandreSee on map
2390 Malle · FlandreSee on map
Contributed capital
30 986,69 €
Latest accounts
30/06/2025
Average workforce
9,2 ETP
Joint committees (2)
- 118
- 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 743 k € | +25.2% | 593,7 k € | -3.0% | 611,8 k € | +4.8% | 583,5 k € | +8.5% | 537,7 k € | +41.2% | 380,9 k € | +1.1% | 376,8 k € | -38.7% | 614,5 k € | +126% | 272,5 k € | -2.5% | 279,5 k € | +27.0% | 220,1 k € | +20.6% | 182,5 k € | +378% | 38,2 k € | -47.7% | 73,1 k € | +7.9% | 67,7 k € | +26.9% | 53,4 k € | -28.3% | 74,4 k € | +23.8% | 60,1 k € | -34.6% | 91,9 k € |
| EBITDA | 255,4 k € | +5.3% | 242,5 k € | +61.9% | 149,8 k € | -12.2% | 170,7 k € | -26.5% | 232,1 k € | +26.4% | 183,7 k € | +31.3% | 139,9 k € | -61.2% | 360,1 k € | +204% | 118,5 k € | -27.0% | 162,4 k € | +42.5% | 114 k € | -17.8% | 138,6 k € | +564% | 20,9 k € | -59.3% | 51,3 k € | +67.8% | 30,6 k € | +61.9% | 18,9 k € | -39.3% | 31,1 k € | -14.8% | 36,5 k € | -19.8% | 45,5 k € |
| Operating result | 82,4 k € | -15.6% | 97,6 k € | +246% | 28,2 k € | -36.4% | 44,4 k € | -66.8% | 133,9 k € | +55.2% | 86,3 k € | +146% | 35 k € | -83.7% | 215 k € | +614% | -41,9 k € | -327% | 18,4 k € | -35.0% | 28,3 k € | -24.5% | 37,5 k € | +996% | 3,4 k € | -86.8% | 26 k € | +1352% | 1,8 k € | +142% | -4,2 k € | -190% | 4,7 k € | -55.9% | 10,7 k € | -64.5% | 30,1 k € |
| Net result | 36,8 k € | -32.5% | 54,5 k € | +6061% | 884,1 € | -94.9% | 17,4 k € | -81.7% | 95,3 k € | +82.4% | 52,3 k € | +879% | 5,3 k € | -96.6% | 155,9 k € | +353% | -61,7 k € | -1164% | 5,8 k € | -42.7% | 10,1 k € | -44.2% | 18,2 k € | +519% | 2,9 k € | -80.1% | 14,7 k € | +213% | -13 k € | -27.4% | -10,2 k € | -57.3% | -6,5 k € | -1825% | 377,4 € | -98.1% | 19,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 422,9 k € | +9.5% | 386,1 k € | +16.4% | 331,6 k € | +0.3% | 330,7 k € | +5.6% | 313,3 k € | +43.7% | 218 k € | +31.5% | 165,8 k € | +3.3% | 160,4 k € | +3468% | 4,5 k € | -93.2% | 66,2 k € | +9.6% | 60,4 k € | +20.1% | 50,3 k € | +56.5% | 32,1 k € | +10.0% | 29,2 k € | +102% | 14,5 k € | -47.4% | 27,5 k € | -27.1% | 37,8 k € | -14.7% | 44,3 k € | +0.9% | 43,9 k € |
| Total assets | 1,7 M € | +0.7% | 1,7 M € | +10.7% | 1,5 M € | -1.5% | 1,6 M € | +4.4% | 1,5 M € | +17.2% | 1,3 M € | -0.5% | 1,3 M € | +2.0% | 1,3 M € | +7.7% | 1,2 M € | +97.4% | 593,9 k € | +29.5% | 458,8 k € | -6.6% | 491,1 k € | +121% | 222 k € | +3.1% | 215,3 k € | -12.2% | 245,1 k € | +1.0% | 242,7 k € | -7.8% | 263,3 k € | +12.5% | 234,1 k € | +8.1% | 216,4 k € |
| Cash | 140,1 k € | -1.7% | 142,6 k € | +35.2% | 105,5 k € | +4.5% | 101 k € | +7.4% | 94 k € | +36.7% | 68,8 k € | +52.7% | 45 k € | +94.3% | 23,2 k € | -31.5% | 33,8 k € | -20.2% | 42,4 k € | -31.7% | 62 k € | +282% | 16,2 k € | +707% | 2 k € | +15.6% | 1,7 k € | -23.8% | 2,3 k € | -30.3% | 3,3 k € | +1597% | 193,4 € | -98.2% | 10,9 k € | -58.2% | 26 k € |
| Debts | 1,3 M € | -1.8% | 1,3 M € | +9.3% | 1,2 M € | -2.3% | 1,2 M € | +4.1% | 1,2 M € | +12.1% | 1,1 M € | -5.5% | 1,1 M € | +1.8% | 1,1 M € | -4.9% | 1,2 M € | +119% | 527,7 k € | +32.5% | 398,4 k € | -9.6% | 440,8 k € | +132% | 189,9 k € | +2.0% | 186,1 k € | -19.3% | 230,7 k € | +7.2% | 215,2 k € | -4.6% | 225,5 k € | +18.8% | 189,8 k € | +10.0% | 172,5 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 9,2 ETP | +33.3% | 6,9 ETP | -15.9% | 8,2 ETP | -28.1% | 11,4 ETP | +32.6% | 8,6 ETP | +56.4% | 5,5 ETP | -8.3% | 6,0 ETP | -3.2% | 6,2 ETP | – | 3,5 ETP | +20.7% | 2,9 ETP | +26.1% | 2,3 ETP | +109% | 1,1 ETP | -8.3% | 1,2 ETP | 0.0% | 1,2 ETP | -14.3% | 1,4 ETP | -12.5% | 1,6 ETP | +77.8% | 0,9 ETP | -35.7% | 1,4 ETP | ||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 11 ended
Financials
Annual accounts
Full financial information
| 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 | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 21/10/2025 | 20/12/2024 | 15/12/2023 | 09/01/2023 | 15/01/2022 | 27/01/2021 |
| General meeting | 24/09/2025 | 02/12/2024 | 04/12/2023 | 26/12/2022 | 16/12/2021 | 31/12/2020 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/06/2025 | 24/09/2025 | 21/10/2025 | Dutch | |
| Abridged model | 30/06/2024 | 02/12/2024 | 20/12/2024 | Dutch | |
| Abridged model | 30/06/2023 | 04/12/2023 | 15/12/2023 | Dutch | |
| Abridged model | 30/06/2022 | 26/12/2022 | 09/01/2023 | Dutch | |
| Abridged model | 30/06/2021 | 16/12/2021 | 15/01/2022 | Dutch | |
| Abridged model | 30/06/2020 | 31/12/2020 | 27/01/2021 | Dutch | |
| Abridged model | 30/06/2019 | 02/12/2019 | 31/12/2019 | Dutch | |
| Abridged model | 30/06/2018 | 03/12/2018 | 20/12/2018 | Dutch | |
| Micro model | 31/03/2017 | 04/09/2017 | 25/09/2017 | Dutch | |
| Abridged model | 31/03/2016 | 30/09/2016 | 30/10/2016 | Dutch | |
| Abridged model | 31/03/2015 | 07/09/2015 | 30/09/2015 | Dutch | |
| Abridged model | 31/03/2014 | 15/09/2014 | 03/10/2014 | Dutch | |
| Abridged model | 31/03/2013 | 02/09/2013 | 10/12/2013 | Dutch | |
| Abridged model | 31/03/2012 | 24/09/2012 | 23/10/2012 | Dutch | |
| Abridged model | 31/03/2011 | 05/09/2011 | 04/10/2011 | Dutch | |
| Abridged model | 31/03/2010 | 29/09/2010 | 28/10/2010 | Dutch | |
| Abridged model | 31/03/2009 | 16/09/2009 | 13/10/2009 | Dutch | |
| Abridged model | 31/03/2008 | 22/09/2008 | 21/10/2008 | Dutch | |
| Abridged model | 31/03/2007 | 24/09/2007 | 11/10/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 11 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/02/2026ONTSLAGEN - BENOEMINGEN
- Restructuring15/01/2026KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring05/11/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates05/04/2023WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates05/03/2021ONTSLAGEN - BENOEMINGEN
- Other16/04/2018BOEKJAAR
- Registered office23/02/2018MAATSCHAPPELIJKE ZETEL
- Mandates19/08/2009ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202536,8 k €↓
- 2024Annual accounts 202454,5 k €↑
- 2023Annual accounts 2023884,1 €↓
- 2022Annual accounts 202217,4 k €↓
- 2021Annual accounts 202195,3 k €↑
- 2020Annual accounts 202052,3 k €↑
- 2019Annual accounts 20195,3 k €↓
- 2018Annual accounts 2018155,9 k €↑
- 2017Annual accounts 2017-61,7 k €↓
- 2016Annual accounts 20165,8 k €↓
- 2015Annual accounts 201510,1 k €↓
- 2014Annual accounts 201418,2 k €↑
- 2013Annual accounts 20132,9 k €↓
- 2012Annual accounts 201214,7 k €↑
- 2011Annual accounts 2011-13 k €↓
- 2010Annual accounts 2010-10,2 k €↓
- 2009Annual accounts 2009-6,5 k €↓
- 2008Annual accounts 2008377,4 €↓
- 2007Annual accounts 200719,4 k €
- 19/06/1991IncorporationPrivate limited company