NORMAL SITUATION

CARMO

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Financial year 2023 · closed on 31/12/2023

Net result

219,3 k €

-21.6% YoY

Gross margin

444,9 k €

+4.0% YoY

Equity

1,7 M €

+0.4% YoY

Company — Normal situation.

What does CARMO do?

CARMO is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.685.754

Legal form

Private company with limited liability

Contributed capital

18 592,01 €

Latest accounts

31/12/2023

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	444,9 k €	+4.0%	427,7 k €	-23.7%	560,6 k €	-24.8%	745,6 k €	+6.7%	698,9 k €	+33.2%	524,8 k €	+34.9%	389,1 k €	+55.4%	250,5 k €	+138%	105,2 k €	+23.8%	85 k €	-62.5%	226,6 k €	+6.6%	212,5 k €	+11.8%	190 k €	-5.7%	201,5 k €	+124%	89,8 k €	-59.6%	222 k €	-15.4%	262,4 k €	-12.1%	298,6 k €
EBITDA	147,2 k €	-65.4%	425,7 k €	+8.4%	392,8 k €	-30.1%	561,6 k €	+21.8%	461,2 k €	-0.7%	464,5 k €	+32.8%	349,8 k €	+47.3%	237,5 k €	+168%	88,6 k €	+73.9%	51 k €	-59.8%	126,9 k €	+63.3%	77,7 k €	-8.8%	85,2 k €	+9.6%	77,7 k €	+314%	-36,3 k €	-139%	92,1 k €	-11.5%	104 k €	-14.9%	122,3 k €
Operating result	428,9 k €	+18.2%	363 k €	+28.9%	281,6 k €	-41.0%	477,4 k €	+26.4%	377,6 k €	-1.2%	382,1 k €	+84.4%	207,2 k €	+48.0%	140 k €	+92.4%	72,8 k €	+227%	22,3 k €	-19.3%	27,6 k €	-48.0%	53 k €	+44.8%	36,6 k €	+263%	10,1 k €	+110%	-98,9 k €	-452%	28,1 k €	-27.6%	38,8 k €	-25.7%	52,2 k €
Net result	219,3 k €	-21.6%	279,8 k €	+47.0%	190,4 k €	-46.7%	357,1 k €	+40.2%	254,8 k €	-4.0%	265,2 k €	+95.2%	135,9 k €	+51.0%	90 k €	+83.9%	48,9 k €	+263%	13,5 k €	-38.9%	22 k €	-47.4%	41,9 k €	-2.2%	42,9 k €	+1430%	2,8 k €	+102%	-128,6 k €	-495%	32,5 k €	+8.0%	30,1 k €	-20.8%	38 k €
Balance sheet
Equity	1,7 M €	+0.4%	1,7 M €	+19.9%	1,4 M €	+15.7%	1,2 M €	+41.6%	858,2 k €	+42.2%	603,4 k €	+78.4%	338,2 k €	+67.2%	202,3 k €	+80.2%	112,3 k €	+74.5%	64,4 k €	+26.5%	50,9 k €	+76.4%	28,9 k €	+321%	-13,1 k €	+76.7%	-55,9 k €	+4.8%	-58,7 k €	-184%	69,9 k €	+87.0%	37,4 k €	+414%	7,3 k €
Total assets	2,2 M €	+19.1%	1,8 M €	-13.9%	2,1 M €	-12.9%	2,5 M €	+53.4%	1,6 M €	+11.3%	1,4 M €	+41.4%	1 M €	-7.3%	1,1 M €	+12.4%	976,4 k €	+10.2%	886 k €	-2.0%	904,1 k €	-11.3%	1 M €	-8.3%	1,1 M €	-7.4%	1,2 M €	+15.9%	1 M €	-8.4%	1,1 M €	+5.8%	1,1 M €	-5.3%	1,1 M €
Cash	–		–		325,8 k €	-65.9%	955,7 k €	+179%	342,4 k €	+27.2%	269,1 k €	+198%	90,3 k €	+118%	41,5 k €	-16.4%	49,7 k €	-8.4%	54,2 k €	+527%	8,6 k €	-95.1%	176,8 k €	-38.1%	285,7 k €	+14.8%	248,9 k €	+152%	98,6 k €	-43.9%	175,7 k €	+8.6%	161,7 k €	-9.4%	178,5 k €
Debts	498,9 k €	+224%	154,1 k €	-78.9%	729,3 k €	-41.1%	1,2 M €	+67.1%	740,3 k €	-11.1%	832,7 k €	+22.9%	677,4 k €	-24.2%	893,7 k €	+3.6%	862,9 k €	+5.2%	820,4 k €	-3.7%	852 k €	-13.9%	989,5 k €	-12.0%	1,1 M €	-10.5%	1,3 M €	+15.0%	1,1 M €	+3.2%	1,1 M €	+2.7%	1 M €	-8.0%	1,1 M €
Other
Workforce	–		–		5,5 ETP	-8.3%	6,0 ETP	-4.8%	6,3 ETP	+85.3%	3,4 ETP	+17.2%	2,9 ETP	+45.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-13.0%	2,3 ETP	-28.1%	3,2 ETP	+6.7%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	-9.1%	3,3 ETP	-17.5%	4,0 ETP	-11.1%	4,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 8 ended

Active mandates

Katleen Vaes

Director · since 31 décembre 2013

Active

Kristof Vaes

Director · since 31 décembre 2013

Active

Ended mandates

Katleen Vaes

Manager · since 31 décembre 2013

Ended

Kristof Vaes

Manager · since 31 décembre 2013

Ended

Cornelis Christoffels

Mandate

Ended

Cornelis CHRISTOFFELS

Manager

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/04/2024	29/08/2023	17/08/2022	28/10/2021	13/11/2020	30/09/2019
General meeting	29/03/2024	05/06/2023	07/06/2022	07/06/2021	30/09/2020	03/06/2019
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

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Filings

Annual accounts filings

30 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	29/03/2024	12/04/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	17/08/2022	Dutch	PDF
Abridged modelCorrection	31/12/2020	07/06/2021	28/10/2021	Dutch	PDF
Abridged modelCorrection	31/12/2020	07/06/2021	25/10/2021	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/09/2020	13/11/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	18/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	23/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	18/08/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	21/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	21/08/2007	Dutch	PDF
Abridged model	31/12/2005	24/04/2006	27/04/2006	Dutch	PDF
Abridged model	31/12/2004	28/06/2005	28/07/2005	Dutch	PDF
Abridged model	31/12/2003	27/06/2004	07/10/2004	Dutch	PDF
Abridged model	31/12/2002	27/06/2003	02/12/2003	Dutch	PDF

View all 30 filings

Estimate

Indicative valuation

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 31/12/2023 · 2 active · 8 ended

Active mandates

Katleen Vaes

Director · since 31 décembre 2013

Active

Kristof Vaes

Director · since 31 décembre 2013

Active

Ended mandates

Katleen Vaes

Manager · since 31 décembre 2013

Ended

Kristof Vaes

Manager · since 31 décembre 2013

Ended

Cornelis Christoffels

Mandate

Ended

Cornelis CHRISTOFFELS

Manager

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2023
Annual accounts 2023219,3 k €↓
2022
Annual accounts 2022279,8 k €↑
2021
Annual accounts 2021190,4 k €↓
2020
Annual accounts 2020357,1 k €↑
2019
Annual accounts 2019254,8 k €↓
2018
Annual accounts 2018265,2 k €↑
2017
Annual accounts 2017135,9 k €↑
2016
Annual accounts 201690 k €↑
2015
Annual accounts 201548,9 k €↑
2014
Annual accounts 201413,5 k €↓
2013
Annual accounts 201322 k €↓
2012
Annual accounts 201241,9 k €↓
2011
Annual accounts 201142,9 k €↑
2010
Annual accounts 20102,8 k €↑
2009
Annual accounts 2009-128,6 k €↓
2008
Annual accounts 200832,5 k €↑
2007
Annual accounts 200730,1 k €↓
2006
Annual accounts 200638 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CARMO

Overview

What does CARMO do?

Trend over 18 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline