ACTIVE

CARNOTINVEST

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Financial year 2025 · closed on 30/06/2025

Net result

31,2 k €

+2.4% YoY

Gross margin

103,6 k €

-0.8% YoY

Equity

624,5 k €

+5.3% YoY

Workforce

0,0 ETP

What does CARNOTINVEST do?

CARNOTINVEST is a Private limited company incorporated in 2009. Its registered office is in Merelbeke-Melle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0811.625.130

Incorporation

08/05/2009

Legal form

Private limited company

Registered office

Leemstraat 21
9820 Merelbeke-Melle · FlandreSee on map

Contributed capital

75 000,00 €

Latest accounts

30/06/2025

Average workforce

0,0 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	103,6 k €	-0.8%	104,5 k €	+16.1%	89,9 k €	-10.3%	100,2 k €	-2.5%	102,8 k €	-0.5%	103,3 k €	+4.6%	98,8 k €	-1.8%	100,6 k €	-1.1%	101,8 k €	-15.5%	120,4 k €	+28.2%	94 k €	-34.2%	142,9 k €	-3.6%	148,2 k €	+150%	59,4 k €	+44.9%	41 k €	-0.1%	41 k €
EBITDA	98,3 k €	-0.9%	99,2 k €	+15.8%	85,7 k €	-10.8%	96 k €	-3.5%	99,5 k €	-0.7%	100,2 k €	+4.7%	95,8 k €	-1.9%	97,6 k €	-1.2%	98,8 k €	-15.9%	117,5 k €	+28.8%	91,2 k €	-34.4%	139,2 k €	-4.4%	145,6 k €	+234%	43,6 k €	+7.7%	40,5 k €	+0.5%	40,3 k €
Operating result	62 k €	-1.4%	62,9 k €	+27.3%	49,4 k €	-17.4%	59,8 k €	-5.5%	63,3 k €	-2.2%	64,7 k €	+6.8%	60,6 k €	-3.0%	62,4 k €	-1.9%	63,6 k €	-22.7%	82,3 k €	+46.8%	56 k €	-46.1%	104 k €	-5.8%	110,4 k €	+541%	17,2 k €	-57.5%	40,5 k €	+3.3%	39,2 k €
Net result	31,2 k €	+2.4%	30,4 k €	+60.0%	19 k €	-24.8%	25,3 k €	-67.6%	78,1 k €	+197%	26,3 k €	-54.9%	58,3 k €	+3.4%	56,4 k €	+11.1%	50,8 k €	+41.1%	36 k €	-61.1%	92,5 k €	+25.0%	74 k €	+9.0%	67,9 k €	-0.3%	68,1 k €	+354%	15 k €	-53.4%	32,2 k €
Balance sheet
Equity	624,5 k €	+5.3%	593,4 k €	+5.4%	562,9 k €	+3.5%	543,9 k €	-25.6%	730,6 k €	+12.0%	652,5 k €	+4.2%	626,2 k €	+10.3%	567,9 k €	+11.0%	511,5 k €	+11.0%	460,8 k €	+8.5%	424,8 k €	+27.8%	332,3 k €	+28.7%	258,3 k €	+35.7%	190,4 k €	+55.8%	122,2 k €	+14.0%	107,2 k €
Total assets	988,3 k €	-1.4%	1 M €	-0.0%	1 M €	-2.6%	1 M €	-18.4%	1,3 M €	-1.1%	1,3 M €	-0.5%	1,3 M €	+2.8%	1,2 M €	+2.0%	1,2 M €	+2.6%	1,2 M €	-2.5%	1,2 M €	-2.7%	1,3 M €	-2.2%	1,3 M €	-2.7%	1,3 M €	+165%	497,6 k €	+1.8%	489 k €
Cash	110,5 k €	+18.9%	92,9 k €	+66.8%	55,7 k €	+13.8%	49 k €	+8.1%	45,3 k €	-37.9%	72,9 k €	-3.8%	75,8 k €	+37.6%	55,1 k €	+34.5%	40,9 k €	+156%	16 k €	+212%	5,1 k €	-65.6%	14,9 k €	+286%	3,9 k €	+372%	819,4 €	-50.6%	1,7 k €	-13.6%	1,9 k €
Debts	363,8 k €	-11.0%	408,9 k €	-6.4%	437 k €	-8.4%	477,1 k €	-8.4%	520,9 k €	-13.8%	604,4 k €	-5.6%	640,5 k €	-5.5%	677,6 k €	-4.0%	706,1 k €	-2.7%	726,1 k €	-8.8%	795,8 k €	-13.7%	922,3 k €	-9.7%	1 M €	-9.5%	1,1 M €	+200%	375,4 k €	-1.7%	381,8 k €
Other
Workforce	0,0 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 30/06/2025 · 2 active · 1 ended

Active mandates

Isadora Coeman

Director · since 08 mai 2009

Active

Sam Matthys

Director · since 08 mai 2009

Active

Ended mandates

Sam Matthys

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	02/01/2025	22/12/2023	09/01/2023	20/12/2021	04/01/2021
General meeting	05/12/2025	06/12/2024	20/12/2023	02/01/2023	03/12/2021	04/12/2020
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	05/12/2025	30/01/2026	Dutch	PDF
Abridged model	30/06/2024	06/12/2024	02/01/2025	Dutch	PDF
Abridged model	30/06/2023	20/12/2023	22/12/2023	Dutch	PDF
Abridged model	30/06/2022	02/01/2023	09/01/2023	Dutch	PDF
Abridged model	30/06/2021	03/12/2021	20/12/2021	Dutch	PDF
Abridged model	30/06/2020	04/12/2020	04/01/2021	Dutch	PDF
Abridged model	30/06/2019	06/12/2019	03/01/2020	Dutch	PDF
Abridged model	30/06/2018	07/12/2018	21/12/2018	Dutch	PDF
Abridged model	30/06/2017	29/12/2017	29/01/2018	Dutch	PDF
Abridged model	30/06/2016	02/12/2016	19/12/2016	Dutch	PDF
Abridged model	30/06/2015	04/12/2015	18/12/2015	Dutch	PDF
Abridged model	30/06/2014	13/01/2015	26/01/2015	Dutch	PDF
Abridged model	30/06/2013	06/02/2014	10/02/2014	Dutch	PDF
Abridged model	30/06/2012	21/01/2013	28/01/2013	Dutch	PDF
Abridged model	30/06/2011	31/12/2011	30/01/2012	Dutch	PDF
Abridged model	30/06/2010	24/01/2011	31/01/2011	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 30/06/2025 · 2 active · 1 ended

Active mandates

Isadora Coeman

Director · since 08 mai 2009

Active

Sam Matthys

Director · since 08 mai 2009

Active

Ended mandates

Sam Matthys

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/10/2014
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring27/02/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring15/12/2011
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Other12/05/2009
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202531,2 k €↑
2024
Annual accounts 202430,4 k €↑
2024
Name changeCARNOT INVEST
2023
Annual accounts 202319 k €↓
2022
Annual accounts 202225,3 k €↓
2022
Name changeCarnotinvest
2021
Annual accounts 202178,1 k €↑
2020
Annual accounts 202026,3 k €↓
2019
Annual accounts 201958,3 k €↑
2018
Annual accounts 201856,4 k €↑
2017
Annual accounts 201750,8 k €↑
2016
Annual accounts 201636 k €↓
2015
Annual accounts 201592,5 k €↑
2014
Annual accounts 201474 k €↑
2013
Annual accounts 201367,9 k €↓
2012
Annual accounts 201268,1 k €↑
2011
Annual accounts 201115 k €↓
2010
Annual accounts 201032,2 k €
08/05/2009
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

CARNOTINVEST

Overview

What does CARNOTINVEST do?

Trend over 16 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