ACTIVE

Carinco

Financial year 2025 · closed on 31/12/2025
Net result
181,9 k €
+96.7% YoY
Gross margin
399,2 k €
+23.9% YoY
Equity
970 k €
+23.1% YoY

What does Carinco do?

Carinco is a Public limited company incorporated in 1992. Its registered office is in Brasschaat.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.672.222
Incorporation
17/06/1992
Legal form
Public limited company
Registered office
Ter Borcht 3
2930 Brasschaat · FlandreSee on map
Contributed capital
366 526,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 112
Contacts
1 public detail availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin399,2 k €322,3 k €372,4 k €294,3 k €416,1 k €108 €12,5 k €2,5 k €21,9 k €30,6 k €26,2 k €2,8 k €-7,1 k €-12,9 k €-10,1 k €-6,4 k €21,2 k €80,5 k €91,5 k €
EBITDA392,2 k €311,5 k €364,2 k €266,3 k €406,7 k €-131,8 k €-114,2 k €-123,5 k €-3,6 k €30,1 k €26,2 k €466 €-8,3 k €-31,6 k €-11,8 k €-9,3 k €18,5 k €6,8 k €15,8 k €
Operating result249,2 k €168,5 k €219,5 k €125,7 k €44,8 k €-308,8 k €-126 k €-132,9 k €-11,4 k €18,7 k €18,4 k €-7,3 k €-16,1 k €-39,4 k €-56,7 k €-16,2 k €10,3 k €-6,6 k €262,9 €
Net result181,9 k €92,4 k €136,1 k €67,1 k €62,3 k €-292,3 k €-131,3 k €-145,2 k €-28,2 k €1,5 k €914 €-25 k €76,9 k €-64,8 k €-86,4 k €-15,2 k €5,6 k €-2,4 k €3,2 k €
Balance sheet
Equity970 k €788,1 k €695,6 k €559,5 k €492,4 k €430,1 k €-128,6 k €2,7 k €147,9 k €176,1 k €174,6 k €173,7 k €198,6 k €121,8 k €36,6 k €123 k €138,2 k €132,6 k €135,1 k €
Total assets3,3 M €3,4 M €3,6 M €3,7 M €4,5 M €2,3 M €514,5 k €546,8 k €462,5 k €480,5 k €476,6 k €493,6 k €474,7 k €471,5 k €593,2 k €128,9 k €152,3 k €182 k €192,1 k €
Cash22,5 k €23,9 k €31,7 k €22,1 k €276,2 k €48,4 k €58,4 k €78,1 k €20,3 k €34,7 k €18 k €11,3 k €4,3 k €2,5 k €1,2 k €101,7 k €98,1 k €113,2 k €33,4 k €
Debts2,3 M €2,6 M €2,9 M €3,1 M €4 M €1,9 M €513,1 k €540,1 k €308,8 k €265,6 k €259 k €291,4 k €258,5 k €343,1 k €556,6 k €5,9 k €14,1 k €49,3 k €56,7 k €
Other
Workforce1,4 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

Karel Cardoen

Director · since 01 juillet 2025

Active

Ended mandates

Karel Cardoen

Director · since 01 janvier 2020 · until 01 janvier 2026

Ended
Artim

Director · since 16 mai 2014 · until 16 mai 2020 · 0404.683.505

Represented by Karel Cardoen

Ended
Karel Cardoen

Managing director · since 16 mai 2014 · until 16 mai 2020

Ended
Artim

Director · since 31 mars 2008 · until 16 mai 2014 · 0404.683.505

Represented by Karel Cardoen

Ended
At this address

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0407.548.270
NamurimmoActive
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/05/202626/05/202521/05/202422/05/202320/05/202225/05/2021
General meeting15/05/202616/05/202517/05/202419/05/202320/05/202221/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/05/202618/05/2026DutchPDF
Abridged model31/12/202416/05/202526/05/2025DutchPDF
Abridged model31/12/202317/05/202421/05/2024DutchPDF
Abridged model31/12/202219/05/202322/05/2023DutchPDF
Abridged model31/12/202120/05/202220/05/2022DutchPDF
Abridged model31/12/202021/05/202125/05/2021DutchPDF
Abridged model31/12/201915/05/202018/05/2020DutchPDF
Abridged model31/12/201817/05/201918/06/2019DutchPDF
Micro model31/12/201718/05/201813/06/2018DutchPDF
Micro model31/12/201619/05/201704/08/2017DutchPDF
Abridged model31/12/201520/05/201603/06/2016DutchPDF
Abridged model31/12/201415/05/201528/07/2015DutchPDF
Abridged model31/12/201316/05/201425/08/2014DutchPDF
Abridged model31/12/201217/05/201314/08/2013DutchPDF
Abridged model31/12/201118/05/201224/08/2012DutchPDF
Abridged model31/12/201020/05/201129/07/2011DutchPDF
Abridged model31/12/200921/05/201020/08/2010DutchPDF
Abridged model31/12/200815/05/200927/05/2009DutchPDF
Abridged model30/09/200705/03/200818/03/2008DutchPDF
Abridged model30/09/200607/03/200713/03/2007DutchPDF
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.

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 31/12/2025 · 1 active · 12 ended

Active mandates

Karel Cardoen

Director · since 01 juillet 2025

Active

Ended mandates

Karel Cardoen

Director · since 01 janvier 2020 · until 01 janvier 2026

Ended
Artim

Director · since 16 mai 2014 · until 16 mai 2020 · 0404.683.505

Represented by Karel Cardoen

Ended
Karel Cardoen

Managing director · since 16 mai 2014 · until 16 mai 2020

Ended
Artim

Director · since 31 mars 2008 · until 16 mai 2014 · 0404.683.505

Represented by Karel Cardoen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/04/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/01/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares04/06/2012
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other13/04/2011
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares28/05/2008
    DOEL - KAPITAAL - AANDELEN - BOEKJAAR
    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. 2025
    Annual accounts 2025181,9 k €
  2. 2024
    Annual accounts 202492,4 k €
  3. 2023
    Annual accounts 2023136,1 k €
  4. 2022
    Annual accounts 202267,1 k €
  5. 2021
    Annual accounts 202162,3 k €
  6. 2020
    Annual accounts 2020-292,3 k €
  7. 2019
    Annual accounts 2019-131,3 k €
  8. 2018
    Annual accounts 2018-145,2 k €
  9. 2017
    Annual accounts 2017-28,2 k €
  10. 2016
    Annual accounts 20161,5 k €
  11. 2015
    Annual accounts 2015914 €
  12. 2014
    Annual accounts 2014-25 k €
  13. 2013
    Annual accounts 201376,9 k €
  14. 2012
    Annual accounts 2012-64,8 k €
  15. 2011
    Annual accounts 2011-86,4 k €
  16. 2010
    Annual accounts 2010-15,2 k €
  17. 2009
    Annual accounts 20095,6 k €
  18. 2008
    Annual accounts 2008-2,4 k €
  19. 2007
    Annual accounts 20073,2 k €
  20. 17/06/1992
    IncorporationPublic limited company