ACTIVE

CARNA

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Financial year 2025 · closed on 31/12/2025

Net result

38,1 k €

+31.9% YoY

Gross margin

106 k €

+58.2% YoY

Equity

405,2 k €

-2.9% YoY

What does CARNA do?

CARNA is a Private limited company incorporated in 2000. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Mechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.734.952

Incorporation

19/04/2000

Legal form

Private limited company

Registered office

Leopoldstraat 77
2800 Mechelen · FlandreSee on map

Contributed capital

168 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

47713Retail sale of clothing in specialised stores· main 47713Retail sale of clothing in specialised stores 52424Warehousing and support activities for transportation 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 70203Management consultancy activities+3

Joint committees (2)

201
2010

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	106 k €	+58.2%	67 k €	+14.1%	58,7 k €	-12.5%	67,2 k €	-37.7%	107,8 k €	-9.9%	119,7 k €	+4.4%	114,6 k €	+6.9%	107,3 k €	+4.5%	102,6 k €	+9.0%	94,2 k €	+81.1%	52 k €	-49.2%	102,4 k €	+106%	49,6 k €	-18.4%	60,8 k €	+15.1%	52,8 k €	-12.0%	60 k €	+76.5%	34 k €	+177%	12,3 k €	-74.4%	47,9 k €	-45.8%	88,3 k €
EBITDA	72,3 k €	+105%	35,3 k €	+7.3%	32,9 k €	+0.1%	32,9 k €	-58.8%	79,8 k €	-15.0%	93,8 k €	+7.2%	87,5 k €	+8.1%	80,9 k €	+5.6%	76,6 k €	+12.6%	68 k €	+129%	29,7 k €	-61.2%	76,5 k €	+331%	17,8 k €	-38.4%	28,9 k €	+10.0%	26,2 k €	-25.2%	35,1 k €	+519%	5,7 k €	+145%	-12,7 k €	-155%	22,9 k €	-26.4%	31,1 k €
Operating result	58,7 k €	+92.0%	30,6 k €	+0.0%	30,6 k €	-0.2%	30,6 k €	-60.1%	76,7 k €	+25.5%	61,1 k €	+11.1%	55 k €	+13.5%	48,4 k €	+8.3%	44,7 k €	+23.7%	36,2 k €	+1727%	-2,2 k €	-105%	43,6 k €	+387%	-15,2 k €	-341%	-3,4 k €	+43.3%	-6,1 k €	-230%	4,7 k €	+123%	-20,3 k €	+46.5%	-37,9 k €	-434%	11,3 k €	-43.0%	19,9 k €
Net result	38,1 k €	+31.9%	28,9 k €	+37.9%	20,9 k €	+0.4%	20,9 k €	-62.6%	55,8 k €	+27.0%	43,9 k €	+24.5%	35,3 k €	+12.8%	31,3 k €	+17.0%	26,8 k €	-12.6%	30,6 k €	+1340%	-2,5 k €	-106%	44,7 k €	+308%	-21,5 k €	-90.4%	-11,3 k €	+35.0%	-17,4 k €	-223%	-5,4 k €	-33.5%	-4 k €	+74.3%	-15,7 k €	-8.0%	-14,5 k €	-115%	98,1 k €
Balance sheet
Equity	405,2 k €	-2.9%	417,1 k €	-9.8%	462,2 k €	+4.7%	441,3 k €	+5.0%	420,4 k €	+15.3%	364,6 k €	+13.8%	320,3 k €	+12.4%	285 k €	+12.3%	253,7 k €	+12.4%	225,8 k €	+15.7%	195,2 k €	-1.2%	197,6 k €	+29.3%	152,9 k €	-12.3%	174,4 k €	-6.1%	185,8 k €	-8.6%	203,2 k €	-2.6%	208,5 k €	-1.9%	212,6 k €	-6.9%	228,3 k €	-6.0%	242,8 k €
Total assets	466,9 k €	+0.3%	465,5 k €	-1.0%	470,3 k €	+4.9%	448,4 k €	+5.0%	427,1 k €	+12.4%	380 k €	+14.3%	332,5 k €	+12.3%	296 k €	-21.2%	375,7 k €	-19.5%	466,8 k €	+44.4%	323,2 k €	-5.4%	341,5 k €	-3.4%	353,6 k €	-19.3%	438,4 k €	-9.1%	482,4 k €	-15.3%	569,8 k €	+2.6%	555,1 k €	-7.6%	600,8 k €	+0.2%	599,4 k €	-8.0%	651,2 k €
Cash	89,9 k €	+0.6%	89,4 k €	-23.3%	116,6 k €	-70.9%	401 k €	+12.2%	357,3 k €	+14.5%	312 k €	+28.0%	243,8 k €	+42.6%	171 k €	-27.0%	234,2 k €	-24.1%	308,4 k €	+142%	127,5 k €	+40.8%	90,5 k €	-5.7%	96 k €	-37.3%	153,1 k €	-10.0%	170,1 k €	+1.7%	167,2 k €	-23.1%	217,3 k €	+430%	41 k €	+19.5%	34,3 k €	-50.4%	69,2 k €
Debts	61,7 k €	+27.4%	48,4 k €	+501%	8,1 k €	+12.8%	7,1 k €	+6.8%	6,7 k €	-56.4%	15,3 k €	+61.2%	9,5 k €	+67.2%	5,7 k €	-95.0%	114 k €	-50.2%	228,9 k €	+103%	112,8 k €	-10.2%	125,6 k €	-30.0%	179,4 k €	-25.1%	239,6 k €	-11.0%	269,2 k €	-19.9%	336,2 k €	+7.4%	313,1 k €	-11.0%	351,9 k €	+5.9%	332,3 k €	-9.8%	368,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 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 · 3 active · 5 ended

Active mandates

Caroline De Ketelaere

Director · since 12 septembre 2016

Active

Nathalie De Ketelaere

Director · since 12 septembre 2016

Active

Dominique De Ketelaere

Director · since 12 avril 2000

Active

Ended mandates

Caroline De Ketelaere

Manager · since 12 septembre 2016

Ended

Nathalie De Ketelaere

Manager · since 12 septembre 2016

Ended

Christine BECQUET

Manager · since 12 avril 2000

Ended

Dominiek DE KETELAERE

Manager · since 12 avril 2000

Ended

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	01/07/2026	20/06/2025	14/06/2024	31/08/2023	28/06/2022	30/07/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/06/2026	01/07/2026	Dutch	PDF
Micro model	31/12/2024	06/06/2025	20/06/2025	Dutch	PDF
Micro model	31/12/2023	07/06/2024	14/06/2024	Dutch	PDF
Micro model	31/12/2022	02/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	28/06/2022	Dutch	PDF
Micro model	31/12/2020	04/06/2021	30/07/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	24/07/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	04/07/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	03/08/2018	Dutch	PDF
Micro model	31/12/2016	02/06/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	10/07/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	06/08/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	12/08/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	28/07/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	27/07/2007	Dutch	PDF

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 · 3 active · 5 ended

Active mandates

Caroline De Ketelaere

Director · since 12 septembre 2016

Active

Nathalie De Ketelaere

Director · since 12 septembre 2016

Active

Dominique De Ketelaere

Director · since 12 avril 2000

Active

Ended mandates

Caroline De Ketelaere

Manager · since 12 septembre 2016

Ended

Nathalie De Ketelaere

Manager · since 12 septembre 2016

Ended

Christine BECQUET

Manager · since 12 avril 2000

Ended

Dominiek DE KETELAERE

Manager · since 12 avril 2000

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates04/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/05/2006
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares16/11/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares20/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 202538,1 k €↑
2024
Annual accounts 202428,9 k €↑
2023
Annual accounts 202320,9 k €↑
2022
Annual accounts 202220,9 k €↓
2021
Annual accounts 202155,8 k €↑
2020
Annual accounts 202043,9 k €↑
2019
Annual accounts 201935,3 k €↑
2018
Annual accounts 201831,3 k €↑
2017
Annual accounts 201726,8 k €↓
2016
Annual accounts 201630,6 k €↑
2015
Annual accounts 2015-2,5 k €↓
2014
Annual accounts 201444,7 k €↑
2013
Annual accounts 2013-21,5 k €↓
2012
Annual accounts 2012-11,3 k €↑
2011
Annual accounts 2011-17,4 k €↓
2010
Annual accounts 2010-5,4 k €↓
2009
Annual accounts 2009-4 k €↑
2008
Annual accounts 2008-15,7 k €↓
2007
Annual accounts 2007-14,5 k €↓
2006
Annual accounts 200698,1 k €
19/04/2000
IncorporationPrivate limited company

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

CARNA

Overview

What does CARNA do?

Trend over 20 financial years

Indicative valuation

Board of directors

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