ACTIVE

CARRMAN

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Financial year 2025 · closed on 31/12/2025

Net result

58,4 k €

-36.3% YoY

Gross margin

103 k €

-28.6% YoY

Equity

156,6 k €

+59.4% YoY

What does CARRMAN do?

CARRMAN is a Private limited company incorporated in 2002. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Lierde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.196.925

Incorporation

31/12/2002

Legal form

Private limited company

Registered office

Nauw 10
9570 Lierde · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

45112Sale of cars and light motor vehicles· main 46180Agents specialised in the sale of other particular products 45113Sale of cars and light motor vehicles 45201Maintenance and repair of motor vehicles 45203Maintenance and repair of motor vehicles 45204Maintenance and repair of motor vehicles+6

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	103 k €	-28.6%	144,4 k €	+7.4%	134,5 k €	+79.3%	75 k €	+131%	32,5 k €	+236%	-23,9 k €	-467%	6,5 k €	-65.1%	18,6 k €	-3.7%	19,3 k €	-34.5%	29,5 k €	-46.0%	54,6 k €	-47.8%	104,7 k €	+8.3%	96,7 k €	+11.7%	86,5 k €	-7.6%	93,6 k €	+41.8%	66 k €	-21.0%	83,5 k €	+47.5%	56,6 k €	+22.3%	46,3 k €
EBITDA	101,8 k €	-28.0%	141,3 k €	+9.0%	129,6 k €	+74.7%	74,2 k €	+138%	31,2 k €	+218%	-26,5 k €	-694%	4,5 k €	+190%	-4,9 k €	-128%	17,3 k €	-25.5%	23,3 k €	-40.5%	39,2 k €	-55.0%	87 k €	-7.7%	94,3 k €	+12.5%	83,8 k €	-4.4%	87,6 k €	+34.8%	65 k €	-21.2%	82,5 k €	+48.7%	55,5 k €	+22.9%	45,1 k €
Operating result	89,7 k €	-32.4%	132,7 k €	+7.4%	123,5 k €	+88.4%	65,5 k €	+120%	29,8 k €	+191%	-32,7 k €	-181%	-11,6 k €	+48.7%	-22,6 k €	-24.8%	-18,1 k €	-4254%	436,7 €	-98.1%	23,5 k €	-61.2%	60,5 k €	-10.4%	67,5 k €	+58.1%	42,7 k €	-8.0%	46,4 k €	+48.5%	31,2 k €	-35.5%	48,5 k €	+139%	20,3 k €	-15.9%	24,1 k €
Net result	58,4 k €	-36.3%	91,7 k €	-11.3%	103,4 k €	+61.7%	63,9 k €	+119%	29,2 k €	+187%	-33,6 k €	+80.8%	-174,7 k €	-541%	-27,2 k €	+2.7%	-28 k €	-153%	-11 k €	-155%	20,1 k €	-32.8%	30 k €	-20.1%	37,5 k €	+125%	16,7 k €	+10.7%	15 k €	+599%	2,2 k €	-90.7%	23,2 k €	+895%	2,3 k €	-83.9%	14,5 k €
Balance sheet
Equity	156,6 k €	+59.4%	98,3 k €	+32.7%	74 k €	+353%	-29,3 k €	+68.6%	-93,2 k €	+17.3%	-112,7 k €	-42.4%	-79,2 k €	-183%	95,5 k €	-22.2%	122,8 k €	-18.6%	150,8 k €	-6.8%	161,8 k €	+14.2%	141,7 k €	+26.8%	111,7 k €	+50.6%	74,2 k €	+28.9%	57,6 k €	+35.4%	42,5 k €	+5.3%	40,4 k €	+135%	17,1 k €	+15.7%	14,8 k €
Total assets	286,1 k €	+6.1%	269,7 k €	+131%	116,6 k €	+17.5%	99,3 k €	+376%	20,8 k €	-69.9%	69,3 k €	+37.5%	50,4 k €	-80.5%	258,7 k €	-24.3%	341,8 k €	+8.7%	314,5 k €	+5.1%	299,1 k €	-17.7%	363,3 k €	-2.0%	370,8 k €	-0.1%	371,2 k €	-12.7%	425,1 k €	+1.7%	417,8 k €	-7.5%	451,6 k €	+56.1%	289,3 k €	-3.7%	300,3 k €
Cash	23,9 k €	+51.4%	15,8 k €	+7.7%	14,7 k €	-4.7%	15,4 k €	+28.9%	11,9 k €	+424%	2,3 k €	-85.8%	16 k €		–		100,3 €	-94.3%	1,8 k €		–		2,9 k €	+1984%	138,5 €	-91.3%	1,6 k €	-76.4%	6,8 k €	-39.4%	11,1 k €	+207%	3,6 k €	-63.5%	10 k €	-38.7%	16,2 k €
Debts	129,4 k €	-24.4%	171,2 k €	+307%	42 k €	-67.3%	128,6 k €	+12.7%	114,1 k €	-37.3%	182,1 k €	+40.5%	129,6 k €	-20.6%	163,1 k €	-22.3%	210 k €	+28.2%	163,8 k €	+20.8%	135,6 k €	-38.8%	221,6 k €	-14.2%	258,3 k €	-13.0%	297 k €	-19.0%	366,8 k €	-2.3%	375,3 k €	-8.7%	411,2 k €	+51.1%	272,1 k €	-4.7%	285,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Denzel De Geyter

Director · since 01 octobre 2021

Active

Ended mandates

Philippe De Geyter

Director · since 30 mars 2005

Ended

Philippe De Geyter

Manager · since 30 mars 2005

Ended

Denzel De Geyter

Director

Ended

Philippe De Geyter

Director

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	26/06/2026	21/06/2025	10/07/2024	07/07/2023	30/09/2022	23/08/2021
General meeting	22/06/2026	30/05/2025	28/06/2024	07/06/2023	14/05/2022	08/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	22/06/2026	26/06/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	21/06/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	10/07/2024	Dutch	PDF
Micro model	31/12/2022	07/06/2023	07/07/2023	Dutch	PDF
Micro modelCorrection	31/12/2021	14/05/2022	30/09/2022	Dutch	PDF
Micro model	31/12/2021	14/05/2022	28/08/2022	Dutch	PDF
Micro model	31/12/2020	08/05/2021	23/08/2021	Dutch	PDF
Micro model	31/12/2019	09/05/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	11/05/2019	28/05/2019	Dutch	PDF
Micro model	31/12/2017	12/05/2018	28/08/2018	Dutch	PDF
Micro model	31/12/2016	13/05/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	14/05/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	09/05/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	10/05/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	11/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	12/05/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/05/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	08/05/2010	04/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/05/2009	18/05/2009	Dutch	PDF
Abridged model	31/12/2007	10/05/2008	13/06/2008	Dutch	PDF
Abridged model	31/12/2006	12/05/2007	05/06/2007	Dutch	PDF

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.

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 · 1 active · 5 ended

Active mandates

Denzel De Geyter

Director · since 01 octobre 2021

Active

Ended mandates

Philippe De Geyter

Director · since 30 mars 2005

Ended

Philippe De Geyter

Manager · since 30 mars 2005

Ended

Denzel De Geyter

Director

Ended

Philippe De Geyter

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/02/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/08/2019
MAATSCHAPPELIJKE ZETEL
PDF
Registered office23/11/2006
MAATSCHAPPELIJKE ZETEL
PDF
Registered office08/11/2005
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/04/2005
MAATSCHAPPELIJKE ZETEL - BENAMING - ONTSLAGEN - BENOEMINGEN
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 202558,4 k €↓
2024
Annual accounts 202491,7 k €↓
2023
Annual accounts 2023103,4 k €↑
2022
Annual accounts 202263,9 k €↑
2021
Annual accounts 202129,2 k €↑
2019
Annual accounts 2019-33,6 k €↑
2018
Annual accounts 2018-174,7 k €↓
2017
Annual accounts 2017-27,2 k €↑
2016
Annual accounts 2016-28 k €↓
2015
Annual accounts 2015-11 k €↓
2014
Annual accounts 201420,1 k €↓
2013
Annual accounts 201330 k €↓
2012
Annual accounts 201237,5 k €↑
2011
Annual accounts 201116,7 k €↑
2010
Annual accounts 201015 k €↑
2009
Annual accounts 20092,2 k €↓
2008
Annual accounts 200823,2 k €↑
2007
Annual accounts 20072,3 k €↓
2006
Annual accounts 200614,5 k €
31/12/2002
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

CARRMAN

Overview

What does CARRMAN do?

Trend over 19 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