NORMAL SITUATION

CARRO-CONSTRUCT

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Financial year 2025 · closed on 30/06/2025

Net result

42,1 k €

-60.3% YoY

Gross margin

555,6 k €

-51.8% YoY

Equity

3,1 M €

+1.4% YoY

Workforce

6,1 ETP

+8.9% YoY

Company — Normal situation.

What does CARRO-CONSTRUCT do?

CARRO-CONSTRUCT is a company registered in Belgium. It employs on average 6,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.248.134

Legal form

Private company with limited liability

Contributed capital

4 903,00 €

Latest accounts

30/06/2025

Average workforce

6,1 ETP

Joint committees (5)

124
1240
200
2000
218

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	555,6 k €	-51.8%	1,2 M €		–		–		–		–		–		1,8 M €	-18.4%	2,2 M €	+27.5%	1,7 M €	-7.1%	1,8 M €	-12.1%	2,1 M €	+16.5%	1,8 M €	-4.5%	1,9 M €	+30.9%	1,4 M €	+6.9%	1,4 M €	+121%	610,2 k €	+24.2%	491,2 k €	+28.4%	382,4 k €
EBITDA	291,7 k €	-56.5%	670,5 k €	+156%	261,6 k €	-31.7%	382,9 k €	-77.6%	1,7 M €	+9.6%	1,6 M €	+18.7%	1,3 M €	-2.8%	1,4 M €	-7.6%	1,5 M €	+37.0%	1,1 M €	-2.0%	1,1 M €	-2.4%	1,1 M €	+86.1%	598,7 k €	-34.6%	915,1 k €	+65.9%	551,6 k €	-31.7%	807,4 k €	+115%	376,3 k €	-15.3%	444,4 k €	+23.5%	359,9 k €
Operating result	6,7 k €	-89.7%	65,3 k €	+143%	-152,7 k €	-343%	62,8 k €	-95.8%	1,5 M €	+46.3%	1 M €	+10.3%	931,4 k €	+10.1%	845,9 k €	-19.0%	1 M €	+118%	479,3 k €	-27.4%	659,9 k €	+63.9%	402,7 k €	+30.2%	309,3 k €	-47.3%	587,1 k €	+231%	177,5 k €	-63.6%	487,2 k €	+448%	88,9 k €	-68.5%	282,1 k €	+35.5%	208,2 k €
Net result	42,1 k €	-60.3%	106 k €	+231%	-80,6 k €	-153%	151,1 k €	-90.0%	1,5 M €	+66.1%	908,9 k €	+17.8%	771,5 k €	+19.1%	647,8 k €	-3.1%	668,7 k €	+81.4%	368,7 k €	+1.6%	362,9 k €	+1005%	32,8 k €	-96.4%	905 k €	+199%	302,4 k €	+614%	42,3 k €	-83.7%	259 k €	+267%	70,5 k €	-64.8%	200,4 k €	+1.8%	196,9 k €
Balance sheet
Equity	3,1 M €	+1.4%	3,1 M €	-20.7%	3,9 M €	-2.0%	4 M €	+4.0%	3,8 M €	-15.3%	4,5 M €	+15.6%	3,9 M €	+13.7%	3,4 M €	+23.3%	2,8 M €	+31.6%	2,1 M €	+7.3%	2 M €	+22.6%	1,6 M €	+2.1%	1,6 M €	+135%	670,6 k €	+82.1%	368,3 k €	+13.0%	325,9 k €	+387%	66,9 k €	+0.8%	66,4 k €	+0.6%	66 k €
Total assets	5,7 M €	-1.8%	5,8 M €	-27.2%	8 M €	+19.7%	6,7 M €	+0.2%	6,6 M €	-3.4%	6,9 M €	+2.4%	6,7 M €	+5.8%	6,4 M €	-0.6%	6,4 M €	-5.6%	6,8 M €	+66.9%	4,1 M €	-6.8%	4,4 M €	-16.2%	5,2 M €	+76.0%	3 M €	-6.7%	3,2 M €	+19.6%	2,6 M €	+57.1%	1,7 M €	+37.0%	1,2 M €	+7.1%	1,1 M €
Cash	619,4 k €	+136%	262,7 k €	-41.1%	445,9 k €	-56.6%	1 M €	+364%	221,1 k €	-59.9%	551,3 k €	+176%	199,5 k €	-66.7%	599,1 k €	+31.9%	454,2 k €	+162%	173,4 k €	+159%	66,9 k €	+97.9%	33,8 k €	-55.3%	75,6 k €	+21.4%	62,3 k €	-19.5%	77,3 k €	-36.5%	121,7 k €	+104%	59,8 k €	-59.4%	147,4 k €	+1.1%	145,8 k €
Debts	2,6 M €	-5.3%	2,7 M €	-31.2%	4 M €	+47.1%	2,7 M €	-4.8%	2,8 M €	+19.1%	2,4 M €	-12.5%	2,7 M €	+0.7%	2,7 M €	-16.2%	3,2 M €	-22.5%	4,1 M €	+108%	2 M €	-27.7%	2,7 M €	-5.9%	2,9 M €	+28.1%	2,3 M €	-18.4%	2,8 M €	+20.5%	2,3 M €	+43.5%	1,6 M €	+41.2%	1,1 M €	+5.8%	1,1 M €
Other
Workforce	6,1 ETP	+8.9%	5,6 ETP	0.0%	5,6 ETP	-17.6%	6,8 ETP	+13.3%	6,0 ETP	+1.7%	5,9 ETP	-9.2%	6,5 ETP	+1.6%	6,4 ETP	-34.7%	9,8 ETP	-6.7%	10,5 ETP	+8.2%	9,7 ETP	+1.0%	9,6 ETP	-48.4%	18,6 ETP	-19.5%	23,1 ETP	-3.3%	23,9 ETP	+89.7%	12,6 ETP	+152%	5,0 ETP	+317%	1,2 ETP	+71.4%	0,7 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 13 ended

Active mandates

JIMMY DE BREUCKER

Director · since 09 août 2023

Active

Ended mandates

G-CONS

Manager · since 01 avril 2018 · 0693.676.494

Represented by Gunther Graulus

Ended

K&R Invest

Manager · since 29 septembre 2017 · 0849.817.889

Represented by Jimmy De Breucker

Ended

K&R Invest

Director · since 01 septembre 2017 · 0849.817.889

Represented by Jimmy DE BREUCKER

Ended

K&R Invest

Manager · since 19 février 2016 · 0849.817.889

Represented by Johnny De Breucker

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full model	Full model	Full model	Full 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	30/06/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	6 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	10/07/2025	22/07/2024	04/07/2023	18/07/2022	29/06/2021
General meeting	09/12/2025	30/06/2025	30/06/2024	16/06/2023	30/06/2022	18/06/2021
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
Abridged model	30/06/2025	09/12/2025	30/01/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	10/07/2025	Dutch	PDF
Full model	31/12/2023	30/06/2024	22/07/2024	Dutch	PDF
Full model	31/12/2022	16/06/2023	04/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	18/07/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	29/06/2021	Dutch	PDF
Full model	31/12/2019	19/06/2020	14/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	29/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	11/07/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/02/2016	22/02/2016	Dutch	PDF
Abridged model	30/09/2014	20/03/2015	31/03/2015	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	31/10/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	04/10/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	12/08/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	10/07/2009	Dutch	PDF
Abridged modelCorrection	31/12/2007	30/06/2008	07/09/2008	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	20/06/2007	Dutch	PDF

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 31/12/2024 · 1 active · 13 ended

Active mandates

JIMMY DE BREUCKER

Director · since 09 août 2023

Active

Ended mandates

G-CONS

Manager · since 01 avril 2018 · 0693.676.494

Represented by Gunther Graulus

Ended

K&R Invest

Manager · since 29 septembre 2017 · 0849.817.889

Represented by Jimmy De Breucker

Ended

K&R Invest

Director · since 01 septembre 2017 · 0849.817.889

Represented by Jimmy DE BREUCKER

Ended

K&R Invest

Manager · since 19 février 2016 · 0849.817.889

Represented by Johnny De Breucker

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

2025
Annual accounts 202542,1 k €↓
2024
Annual accounts 2024106 k €↑
2023
Annual accounts 2023-80,6 k €↓
2022
Annual accounts 2022151,1 k €↓
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 2020908,9 k €↑
2019
Annual accounts 2019771,5 k €↑
2018
Annual accounts 2018647,8 k €↓
2017
Annual accounts 2017668,7 k €↑
2016
Annual accounts 2016368,7 k €↑
2015
Annual accounts 2015362,9 k €↑
2014
Annual accounts 201432,8 k €↓
2012
Annual accounts 2012905 k €↑
2011
Annual accounts 2011302,4 k €↑
2010
Annual accounts 201042,3 k €↓
2009
Annual accounts 2009259 k €↑
2008
Annual accounts 200870,5 k €↓
2007
Annual accounts 2007200,4 k €↑
2006
Annual accounts 2006196,9 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

CARRO-CONSTRUCT

Overview

What does CARRO-CONSTRUCT do?

Trend over 19 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