ACTIVE

CAROLUS TREES

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Financial year 2025 · Closed on 31/12/2025

Net result899 k €+23,0 %over 1 year

Revenue10,7 M €+3,5 %over 1 year

Equity4,5 M €+7,1 %over 1 year

Workforce60,8 ETP-7,0 %over 1 year

Identity

Source · BCE/KBO

CAROLUS TREES is a Private limited company incorporated in 1991. Its main activity is: Growing of rice. Its registered office is in Nieuwerkerken (Limb.). It employs on average 60,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0445.425.582
Incorporation: 11/10/1991
Legal form: Private limited company
Registered office: Heuvelstraat 50
3850 Nieuwerkerken (Limb.) · FlandreSee on map
Contributed capital: 26 572,91 €
Latest accounts: 31/12/2025
Average workforce: 60,8 ETP

Activities (NACE)

01123Growing of rice· main 01301Plant propagation 01301Plant propagation 01130Growing of vegetables and melons, roots and tubers 01240Growing of pome fruits and stone fruits 01240Growing of pome fruits and stone fruits+3

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	10,7 M €	+3.5%	10,4 M €	+13.0%	9,2 M €	-26.5%	12,5 M €	+2.4%	12,2 M €
EBITDA	1,5 M €	+10.6%	1,3 M €	+27.8%	1,1 M €	-60.5%	2,7 M €	-16.7%	3,2 M €
Operating result	1,1 M €	+20.9%	903,5 k €	+43.3%	630,4 k €	-72.7%	2,3 M €	-24.7%	3,1 M €
Net result	899 k €	+23.0%	731,1 k €	+39.3%	524,7 k €	-71.9%	1,9 M €	-21.7%	2,4 M €
Balance sheet
Equity	4,5 M €	+7.1%	4,2 M €	+0.7%	4,2 M €	-4.0%	4,4 M €	+36.0%	3,2 M €
Total assets	9,3 M €	+1.4%	9,2 M €	+1.2%	9,1 M €	+1.0%	9 M €	-1.7%	9,2 M €
Cash	1,3 M €	+10.4%	1,2 M €	-1.4%	1,2 M €	-28.5%	1,7 M €	-32.6%	2,5 M €
Debts	4,8 M €	-3.3%	5 M €	+1.8%	4,9 M €	+6.4%	4,6 M €	-22.0%	5,9 M €
Other
Workforce	60,8 ETP	-7.0%	65,4 ETP	-4.1%	68,2 ETP	-4.9%	71,7 ETP	-1.5%	72,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Caroline Maesen	Directorsince 01/03/2023
FÉLICO0790.295.226Represented by Kristof Stremersch	Directorsince 01/03/2023
GROUP MC0438.856.506Represented by Willem Broux	Directorsince 01/04/2019Manager04/09/2017 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NWAT0698.886.087Represented by Eddy Gieraerts	Manager01/09/2018 → 2018 accounts
BIDCOM0473.181.539Represented by Eddy Gieraerts	Manager01/02/2016 → 2017 accounts
Clement Carolus	Managerlisted until the 2014 accounts
KOCHRA0839.384.550Represented by Christine Somers	Managerlisted until the 2014 accounts

Other companies at this address

Heuvelstraat 50 3850 Nieuwerkerken (Limb.)

Company	CBE no.
Carsort● Active	0467.939.876

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	26/06/2026	24/07/2025	12/08/2024	26/06/2023	13/06/2022	23/08/2021
General meeting	25/06/2026	30/06/2025	31/05/2024	26/05/2023	27/05/2022	11/06/2021
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, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/06/2026	26/06/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	24/07/2025	Dutch	PDF
Full model	31/12/2023	31/05/2024	12/08/2024	Dutch	PDF
Full model	31/12/2022	26/05/2023	26/06/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	11/06/2021	23/08/2021	Dutch	PDF
Full model	31/12/2019	29/05/2020	13/07/2020	Dutch	PDF
Full model	31/12/2018	31/05/2019	11/06/2019	Dutch	PDF
Full model	31/12/2017	25/05/2018	22/06/2018	Dutch	PDF
Full model	31/12/2016	26/05/2017	11/08/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	13/07/2016	Dutch	PDF
Full model	30/11/2014	24/04/2015	10/07/2015	Dutch	PDF
Full model	31/12/2012	31/05/2013	26/11/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	30/06/2008	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Caroline Maesen	Directorsince 01/03/2023
FÉLICO0790.295.226Represented by Kristof Stremersch	Directorsince 01/03/2023
GROUP MC0438.856.506Represented by Willem Broux	Directorsince 01/04/2019Manager04/09/2017 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NWAT0698.886.087Represented by Eddy Gieraerts	Manager01/09/2018 → 2018 accounts
BIDCOM0473.181.539Represented by Eddy Gieraerts	Manager01/02/2016 → 2017 accounts
Clement Carolus	Managerlisted until the 2014 accounts
KOCHRA0839.384.550Represented by Christine Somers	Managerlisted until the 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/07/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates20/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2016
ONTSLAGEN - BENOEMINGEN
PDF

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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

GROUP MC

FÉLICO

Caroline Maesen

NWAT

BIDCOM

KOCHRA

Clement Carolus

Tok 2 Me

Koen Carolus

199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

CAROLUS TREESCAROLUS C.

Heuvelstraat 50, 3850 Nieuwerkerken (Limbourg)

DirectorManager

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Heuvelstraat 50, 3850 Nieuwerkerken (Limbourg)Current	accounts 2021 → 2025	Accounts 2025 · 2026-00228762

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CAROLUS TREESCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00228762
CAROLUS C.	accounts 2007 → 2021	Accounts 2021 · 2022-20058155

Events

2025
Annual accounts 2025899 k €↑
2024
Annual accounts 2024731,1 k €↑
2023
Annual accounts 2023524,7 k €↓
2022
Annual accounts 20221,9 M €↓
2022
Name changeCAROLUS TREES
2021
Annual accounts 20212,4 M €↑
2020
Annual accounts 20201,5 M €↑
2019
Annual accounts 2019751 k €↑
2018
Annual accounts 2018643,7 k €↑
2017
Annual accounts 2017377,2 k €↓
2016
Annual accounts 2016939,2 k €↑
2015
Annual accounts 2015556,3 k €↓
2014
Annual accounts 20141,4 M €↑
2012
Annual accounts 2012-310,7 k €↓
2011
Annual accounts 2011207,2 k €↑
2010
Annual accounts 2010141 k €↓
2009
Annual accounts 2009210,5 k €↑
2008
Annual accounts 2008174,7 k €↑
2007
Annual accounts 2007-150,5 k €
11/10/1991
IncorporationPrivate limited company

CAROLUS TREES

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