NORMAL SITUATION

Karste

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Financial year 2021 · closed on 04/11/2021
Net result
38,5 k €
-13.2% YoY
Gross margin
116,4 k €
-24.2% YoY
Equity
766,3 k €
+5.3% YoY

Company — Normal situation.

What does Karste do?

Karste is a company registered in Belgium.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0474.706.617
Legal form
Private company with limited liability
Contributed capital
568 593,00 €
Latest accounts
04/11/2021
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin116,4 k €153,5 k €198,1 k €47 k €410,8 k €331,2 k €244,3 k €212,6 k €133,1 k €53,2 k €129,7 k €60,1 k €15,2 k €48,2 k €380,8 k €172,9 k €
EBITDA73,7 k €149 k €192,1 k €39,6 k €404,3 k €325,4 k €237,4 k €208,6 k €125,5 k €49,3 k €124,9 k €55,4 k €10,4 k €43,7 k €374 k €165,3 k €
Operating result55,1 k €72,1 k €110,7 k €-44,2 k €280 k €225,7 k €157,6 k €156,9 k €73,4 k €-6,9 k €65 k €-12,7 k €-59 k €-26,5 k €306 k €94,6 k €
Net result38,5 k €44,4 k €80 k €-48,9 k €228,8 k €142,7 k €100,1 k €99,8 k €54,4 k €-7 k €82,4 k €-13,1 k €-70,2 k €-52,6 k €188,7 k €36,3 k €
Balance sheet
Equity766,3 k €727,8 k €683,4 k €603,4 k €252,4 k €193,6 k €580,9 k €480,7 k €380,9 k €326,5 k €333,5 k €251,2 k €264,2 k €334,4 k €387 k €242,7 k €
Total assets839,3 k €855 k €890,4 k €830,6 k €1,2 M €1,1 M €792,8 k €763,1 k €650,8 k €634,1 k €800,4 k €706,5 k €780,9 k €910,4 k €1,1 M €1,1 M €
Cash574,7 k €173,4 k €132,2 k €188,8 k €282,3 k €17,5 k €43,1 k €275,9 k €110,6 k €11,1 k €19,9 k €506,8 €7,6 k €7,3 k €2 k €2,7 k €
Debts72,9 k €127,2 k €204,2 k €227,1 k €941 k €863,2 k €207,2 k €265,8 k €254,5 k €306,7 k €462,5 k €455,1 k €516,7 k €575,9 k €687,3 k €830,7 k €
Governance

Board of directors

Seen on filing of 04/11/2021 · 2 active · 6 ended

Active mandates

Karen Braeckmans

Director

Active
Steven De Keyser

Director

Active

Ended mandates

Karen Braeckmans

Manager

Ended
Karste Services

Manager · 0462.750.277

Represented by Steven De Keyser

Ended
Karste Services

Director · 0462.750.277

Represented by Steven De Keyser

Ended
Karste Services

Manager · 0462.750.277

Represented by Steven De Keyser

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/10/201601/10/2015
Closing of the financial year04/11/202131/12/202031/12/201931/12/201831/12/201730/09/2016
Length of the financial year11 months12 months12 months12 months15 months12 months
Filing date29/07/202230/07/202131/08/202031/07/201929/08/201830/01/2017
General meeting17/06/202214/05/202124/08/202006/07/201920/08/201826/12/2016
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 model04/11/202117/06/202229/07/2022DutchPDF
Abridged model31/12/202014/05/202130/07/2021DutchPDF
Abridged model31/12/201924/08/202031/08/2020DutchPDF
Abridged model31/12/201806/07/201931/07/2019DutchPDF
Abridged model31/12/201720/08/201829/08/2018DutchPDF
Abridged model30/09/201626/12/201630/01/2017DutchPDF
Abridged model30/09/201523/02/201615/03/2016DutchPDF
Abridged model30/09/201419/12/201415/01/2015DutchPDF
Abridged model30/09/201326/04/201430/04/2014DutchPDF
Abridged model30/09/201203/04/201329/04/2013DutchPDF
Abridged model30/09/201126/03/201230/03/2012DutchPDF
Abridged model30/09/201014/03/201115/03/2011DutchPDF
Abridged model30/09/200910/03/201012/03/2010DutchPDF
Abridged model30/09/200810/03/200920/03/2009DutchPDF
Abridged model30/09/200721/03/200825/03/2008DutchPDF
Abridged model30/09/200630/03/200705/04/2007DutchPDF
Abridged model30/09/200517/03/200605/04/2006DutchPDF
Abridged model30/09/200418/03/200512/04/2005DutchPDF
Abridged model30/09/200303/03/200430/03/2004DutchPDF
Abridged model30/09/200225/03/200329/04/2003DutchPDF
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 04/11/2021 · 2 active · 6 ended

Active mandates

Karen Braeckmans

Director

Active
Steven De Keyser

Director

Active

Ended mandates

Karen Braeckmans

Manager

Ended
Karste Services

Manager · 0462.750.277

Represented by Steven De Keyser

Ended
Karste Services

Director · 0462.750.277

Represented by Steven De Keyser

Ended
Karste Services

Manager · 0462.750.277

Represented by Steven De Keyser

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution03/12/2021
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring01/09/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office20/08/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares31/08/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other19/10/2017
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates27/02/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/04/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/01/2012
    BENAMING - 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

Timeline

  1. 2021
    Annual accounts 202138,5 k €↓
  2. 2020
    Annual accounts 202044,4 k €↓
  3. 2019
    Annual accounts 201980 k €↑
  4. 2018
    Annual accounts 2018-48,9 k €↓
  5. 2017
    Annual accounts 2017228,8 k €↑
  6. 2016
    Annual accounts 2016142,7 k €↑
  7. 2015
    Annual accounts 2015100,1 k €↑
  8. 2014
    Annual accounts 201499,8 k €↑
  9. 2013
    Annual accounts 201354,4 k €↑
  10. 2012
    Annual accounts 2012-7 k €↓
  11. 2011
    Annual accounts 201182,4 k €↑
  12. 2010
    Annual accounts 2010-13,1 k €↑
  13. 2009
    Annual accounts 2009-70,2 k €↓
  14. 2008
    Annual accounts 2008-52,6 k €↓
  15. 2007
    Annual accounts 2007188,7 k €↑
  16. 2006
    Annual accounts 200636,3 k €