KARPAS
0471.615.879 · rovalta.com · 23/09/2026
ACTIVE
KARPAS
Financial year 2025 · closed on 31/12/2025
Net result
71,7 k €
+94.7% YoY
Gross margin
132,5 k €
+37.1% YoY
Equity
225,4 k €
+31.9% YoY
Overview
What does KARPAS do?
KARPAS is a Private company with limited liability incorporated in 2000. Its registered office is in Zemst.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0471.615.879
Incorporation
06/04/2000
Legal form
Private company with limited liability
Registered office
Europalaan 31
1981 Zemst · FlandreSee on map
1981 Zemst · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Joint committees (3)
- 200
- 302
- 336
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 21 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||||
| Gross margin | 132,5 k € | +37.1% | 96,6 k € | +29.0% | 74,9 k € | +83.8% | 40,8 k € | -11.2% | 45,9 k € | +17.4% | 39,1 k € | +8.5% | 36 k € | -29.9% | 51,4 k € | +90.8% | 27 k € | -35.2% | 41,6 k € | -30.0% | 59,4 k € | -10.3% | 66,3 k € | -21.4% | 84,3 k € | +115% | 39,3 k € | -41.8% | 67,5 k € | -23.1% | 87,8 k € | +15.8% | 75,8 k € | +37.4% | 55,1 k € | -20.2% | 69,1 k € | +238% | 20,5 k € | -34.4% | 31,2 k € |
| EBITDA | 101,4 k € | +53.0% | 66,3 k € | +35.7% | 48,8 k € | +121% | 22,1 k € | -8.5% | 24,1 k € | +36.6% | 17,6 k € | +22.2% | 14,4 k € | -47.9% | 27,7 k € | +243% | 8,1 k € | -4.6% | 8,4 k € | -68.2% | 26,6 k € | -6.9% | 28,5 k € | -9.7% | 31,6 k € | +231% | 9,6 k € | -26.5% | 13 k € | -49.4% | 25,7 k € | +38.1% | 18,6 k € | +6539% | 280,3 € | -98.3% | 16,2 k € | +281% | -9 k € | -134% | 26,6 k € |
| Operating result | 93,2 k € | +58.4% | 58,9 k € | +41.7% | 41,5 k € | +99.4% | 20,8 k € | +14.6% | 18,2 k € | +30.0% | 14 k € | +25.2% | 11,2 k € | +46.9% | 7,6 k € | +6.0% | 7,2 k € | -15.1% | 8,4 k € | -67.3% | 25,9 k € | +4.7% | 24,7 k € | -10.8% | 27,7 k € | +725% | 3,4 k € | -67.7% | 10,4 k € | -54.6% | 22,8 k € | +56.5% | 14,6 k € | +522% | -3,5 k € | -145% | 7,7 k € | +144% | -17,7 k € | -231% | 13,5 k € |
| Net result | 71,7 k € | +94.7% | 36,8 k € | +36.2% | 27 k € | +112% | 12,8 k € | +17.4% | 10,9 k € | +40.6% | 7,7 k € | +5.0% | 7,4 k € | +154% | 2,9 k € | +78.8% | 1,6 k € | -68.3% | 5,1 k € | -74.4% | 19,9 k € | +69.7% | 11,8 k € | -49.3% | 23,2 k € | +6044% | 376,9 € | -90.5% | 4 k € | -79.4% | 19,3 k € | +133% | 8,3 k € | +240% | -5,9 k € | -267% | 3,5 k € | +127% | -13 k € | -211% | 11,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||||
| Equity | 225,4 k € | +31.9% | 170,9 k € | +27.5% | 134,1 k € | +25.2% | 107,1 k € | +13.5% | 94,3 k € | +13.0% | 83,4 k € | +10.2% | 75,7 k € | +10.8% | 68,4 k € | +4.4% | 65,5 k € | +2.5% | 63,8 k € | +8.7% | 58,7 k € | +25.5% | 46,8 k € | +33.5% | 35 k € | +30.3% | 26,9 k € | +1.4% | 26,5 k € | +17.7% | 22,5 k € | +48.2% | 15,2 k € | +120% | 6,9 k € | -46.1% | 12,8 k € | +38.2% | 9,3 k € | -58.4% | 22,3 k € |
| Total assets | 319,8 k € | +35.3% | 236,4 k € | +14.5% | 206,4 k € | +52.3% | 135,5 k € | +31.8% | 102,8 k € | -1.0% | 103,8 k € | +6.1% | 97,8 k € | -9.6% | 108,2 k € | -4.6% | 113,4 k € | +1.3% | 111,9 k € | +0.3% | 111,5 k € | +32.0% | 84,5 k € | +6.1% | 79,7 k € | +25.8% | 63,3 k € | -9.7% | 70,1 k € | -6.7% | 75,2 k € | +8.4% | 69,4 k € | -4.5% | 72,6 k € | +14.4% | 63,5 k € | +60.7% | 39,5 k € | -30.7% | 57 k € |
| Cash | 20,2 k € | +1489% | 1,3 k € | -91.5% | 15 k € | +55.6% | 9,6 k € | +81.3% | 5,3 k € | – | – | – | – | – | – | 2,7 k € | +11661% | 22,9 € | – | 7,3 k € | -60.9% | 18,5 k € | -41.4% | 31,7 k € | +11.7% | 28,4 k € | +519% | 4,6 k € | – | 9,6 k € | |||||||||||
| Debts | 94,4 k € | +44.2% | 65,4 k € | -9.5% | 72,3 k € | +154% | 28,5 k € | +234% | 8,5 k € | -58.2% | 20,4 k € | -7.9% | 22,1 k € | -44.5% | 39,8 k € | -16.9% | 48 k € | -0.3% | 48,1 k € | -9.0% | 52,8 k € | +40.1% | 37,7 k € | -15.5% | 44,6 k € | +22.5% | 36,4 k € | -16.5% | 43,6 k € | -17.2% | 52,7 k € | -2.8% | 54,2 k € | -17.6% | 65,7 k € | +29.8% | 50,6 k € | +67.6% | 30,2 k € | -12.9% | 34,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 0,7 ETP | -30.0% | 1,0 ETP | 0.0% | 1,0 ETP | +66.7% | 0,6 ETP | – | 1,0 ETP | – | – | 1,5 ETP | +66.7% | 0,9 ETP | – | ||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Van Craen Pascal
ActiveEnded mandates
Frie Moons
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
DARTPAC● Active | 0872.133.334 |
FIDUCIAIRE ASA & PARTNERS● Active | 0861.417.210 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 07/08/2026 | 23/07/2025 | 30/09/2024 | 26/09/2023 | 31/08/2022 | 30/09/2021 |
| General meeting | 26/06/2026 | 27/06/2025 | 28/06/2024 | 30/06/2023 | 29/08/2022 | 14/09/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 26/06/2026 | 07/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 27/06/2025 | 23/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 28/06/2024 | 30/09/2024 | Dutch | |
| Micro model | 31/12/2022 | 30/06/2023 | 26/09/2023 | Dutch | |
| Micro model | 31/12/2021 | 29/08/2022 | 31/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 14/09/2021 | 30/09/2021 | Dutch | |
| Micro model | 31/12/2019 | 08/10/2020 | 08/10/2020 | Dutch | |
| Micro model | 31/12/2018 | 09/10/2019 | 31/10/2019 | Dutch | |
| Micro model | 31/12/2017 | 30/09/2018 | 30/09/2018 | Dutch | |
| Micro model | 31/12/2016 | 31/08/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/09/2016 | 30/11/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/09/2015 | 31/12/2015 | Dutch | |
| Abridged model | 31/12/2013 | 28/09/2014 | 30/09/2014 | Dutch | |
| Abridged model | 31/12/2012 | 06/10/2013 | 31/10/2013 | Dutch | |
| Abridged model | 31/12/2011 | 23/09/2012 | 23/09/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/06/2011 | 31/10/2011 | Dutch | |
| Abridged model | 31/12/2009 | 09/10/2010 | 31/10/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/06/2009 | 31/12/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/06/2008 | 31/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/06/2007 | 12/06/2008 | Dutch | |
| Abridged model | 31/12/2005 | 01/05/2007 | 12/06/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 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.
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 31/12/2025 · 1 active · 1 ended
Active mandates
Van Craen Pascal
ActiveEnded mandates
Frie Moons
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
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 202571,7 k €↑
- 2024Annual accounts 202436,8 k €↑
- 2023Annual accounts 202327 k €↑
- 2022Annual accounts 202212,8 k €↑
- 2021Annual accounts 202110,9 k €↑
- 2020Annual accounts 20207,7 k €↑
- 2019Annual accounts 20197,4 k €↑
- 2018Annual accounts 20182,9 k €↑
- 2017Annual accounts 20171,6 k €↓
- 2016Annual accounts 20165,1 k €↓
- 2015Annual accounts 201519,9 k €↑
- 2014Annual accounts 201411,8 k €↓
- 2013Annual accounts 201323,2 k €↑
- 2012Annual accounts 2012376,9 €↓
- 2011Annual accounts 20114 k €↓
- 2010Annual accounts 201019,3 k €↑
- 2009Annual accounts 20098,3 k €↑
- 2008Annual accounts 2008-5,9 k €↓
- 2007Annual accounts 20073,5 k €↑
- 2006Annual accounts 2006-13 k €↓
- 2005Annual accounts 200511,7 k €
- 06/04/2000IncorporationPrivate company with limited liability