ACTIVE

KARTHUIZER

Financial year 2025 · closed on 31/12/2025
Net result
166,1 k €
+67.6% YoY
Gross margin
202,4 k €
+85.4% YoY
Equity
465 k €
-33.5% YoY

What does KARTHUIZER do?

KARTHUIZER is a Public limited company incorporated in 2003. Its registered office is in Roeselare.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0859.592.521
Incorporation
09/07/2003
Legal form
Public limited company
Registered office
Industrieweg 74
8800 Roeselare · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin202,4 k €109,2 k €3,7 k €-2,6 k €294,7 k €1 M €988,3 k €642,8 k €378,1 k €348,9 k €175,8 k €752,8 k €1,1 M €79,2 k €71,1 k €-10,2 k €-18,6 k €-55,5 k €
EBITDA201,9 k €109 k €3,2 k €-4,1 k €293,7 k €1 M €986,7 k €641,2 k €376,5 k €347,3 k €174,2 k €751,6 k €1,1 M €-8,6 k €69,7 k €-11,4 k €-19,8 k €-86,1 k €
Operating result201,9 k €109 k €3,2 k €-4,1 k €293,7 k €1 M €986,7 k €641,2 k €376,5 k €347,3 k €174,2 k €751,6 k €1,1 M €-8,6 k €69,7 k €-11,4 k €-19,8 k €-86,1 k €
Net result166,1 k €99,1 k €14,5 k €-3 k €214,4 k €843,3 k €760,9 k €534,3 k €348 k €312 k €184,8 k €626,4 k €1 M €-60,9 k €10,4 k €-72,6 k €-77,5 k €-110,9 k €
Balance sheet
Equity465 k €698,9 k €699,7 k €685,2 k €688,2 k €5,2 M €6,9 M €6,2 M €5,6 M €5,3 M €5 M €4,8 M €4,2 M €3,1 M €3,2 M €3,2 M €3,2 M €3,3 M €
Total assets473,8 k €707,1 k €705 k €691,5 k €702,4 k €5,6 M €7,3 M €6,7 M €6,2 M €5,8 M €5,3 M €5,2 M €6,6 M €4,9 M €4,6 M €4,6 M €4,6 M €4,2 M €
Cash7,7 k €112,6 k €55,6 k €145,9 k €258 k €102,1 k €34,4 k €37,5 k €14,9 k €14,4 k €21,2 k €314,1 k €1,3 k €34,1 k €5,8 k €7,5 k €6 k €3,6 k €
Debts8,7 k €8,3 k €5,2 k €6,3 k €14,2 k €396,8 k €414,1 k €574,6 k €610,7 k €495,5 k €363,3 k €409,1 k €2,3 M €1,7 M €1,3 M €1,3 M €1,3 M €805,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 17 ended

Active mandates

Coussée Project

Managing director · 0427.408.823

Represented by Stefaan Coussée

Active
DEBCON

Director · 0454.165.480

Represented by Frederik Debeil

Active
Kris Coussée

Director

Active
STIM

Director · 0440.021.001

Represented by Jan Stofferis

Active

Ended mandates

Coussée Project

Managing director · since 09 juin 2022 · until 08 juin 2028 · 0427.408.823

Represented by Stefaan COUSSEE

Ended
DEBCON

Director · since 09 juin 2022 · until 08 juin 2028 · 0454.165.480

Represented by Frederik DEBEIL

Ended
Kris COUSSEE

Director · since 09 juin 2022 · until 08 juin 2028

Ended
STIM

Director · since 09 juin 2022 · until 08 juin 2028 · 0440.021.001

Represented by Jan STOFFERIS

Ended
At this address

Other companies at this address

CompanyCBE no.
CBS DevelopmentActive
0831.191.317
CBS-InvestActive
0879.569.868
CO-INVESTActive
0438.598.069
CORIMActive
0659.794.988
Coussée BouwActive
0427.517.602
0427.408.823
DKS-InvestActive
0832.249.904
Domein BeverhofActive
0420.625.355
0862.920.908
Group CousséeActive
1008.749.025
INDIMActive
1007.616.501
0835.272.641
KasteelparkActive
0870.546.987
Maria ConstructActive
1009.776.631
Maria InvestActive
1007.616.402
Maria LandActive
1009.776.532
RSLActive
1021.878.172
RSL CONSTRUCTActive
0747.584.740
RSL-InvestActive
0883.784.816
RSL LANDActive
0747.585.037
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202611/07/202526/07/202402/07/202314/06/202208/07/2021
General meeting11/06/202612/06/202528/06/202408/06/202309/06/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202610/07/2026DutchPDF
Abridged model31/12/202412/06/202511/07/2025DutchPDF
Abridged model31/12/202328/06/202426/07/2024DutchPDF
Abridged model31/12/202208/06/202302/07/2023DutchPDF
Abridged model31/12/202109/06/202214/06/2022DutchPDF
Abridged model31/12/202010/06/202108/07/2021DutchPDF
Abridged model31/12/201917/01/202005/03/2020DutchPDF
Abridged model31/12/201813/06/201904/07/2019DutchPDF
Abridged model31/12/201714/06/201812/07/2018DutchPDF
Micro model31/12/201624/03/201710/07/2017DutchPDF
Abridged model31/12/201510/06/201623/06/2016DutchPDF
Abridged model31/12/201407/07/201531/08/2015DutchPDF
Abridged model31/12/201312/06/201427/08/2014DutchPDF
Abridged model31/12/201213/06/201319/06/2013DutchPDF
Abridged model31/12/201114/06/201225/06/2012DutchPDF
Abridged model31/12/201009/06/201108/07/2011DutchPDF
Abridged model31/12/200910/06/201023/06/2010DutchPDF
Abridged model31/12/200829/06/200907/07/2009DutchPDF
Abridged model31/12/200719/06/200803/07/2008DutchPDF
Abridged model31/12/200614/06/200721/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 active · 17 ended

Active mandates

Coussée Project

Managing director · 0427.408.823

Represented by Stefaan Coussée

Active
DEBCON

Director · 0454.165.480

Represented by Frederik Debeil

Active
Kris Coussée

Director

Active
STIM

Director · 0440.021.001

Represented by Jan Stofferis

Active

Ended mandates

Coussée Project

Managing director · since 09 juin 2022 · until 08 juin 2028 · 0427.408.823

Represented by Stefaan COUSSEE

Ended
DEBCON

Director · since 09 juin 2022 · until 08 juin 2028 · 0454.165.480

Represented by Frederik DEBEIL

Ended
Kris COUSSEE

Director · since 09 juin 2022 · until 08 juin 2028

Ended
STIM

Director · since 09 juin 2022 · until 08 juin 2028 · 0440.021.001

Represented by Jan STOFFERIS

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates04/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/05/2004
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares21/11/2003
    DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Other15/07/2003
    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

Timeline

  1. 2025
    Annual accounts 2025166,1 k €
  2. 2024
    Annual accounts 202499,1 k €
  3. 2023
    Annual accounts 202314,5 k €
  4. 2022
    Annual accounts 2022-3 k €
  5. 2021
    Annual accounts 2021214,4 k €
  6. 2018
    Annual accounts 2018843,3 k €
  7. 2017
    Annual accounts 2017760,9 k €
  8. 2016
    Annual accounts 2016534,3 k €
  9. 2015
    Annual accounts 2015348 k €
  10. 2014
    Annual accounts 2014312 k €
  11. 2013
    Annual accounts 2013184,8 k €
  12. 2012
    Annual accounts 2012626,4 k €
  13. 2011
    Annual accounts 20111 M €
  14. 2010
    Annual accounts 2010-60,9 k €
  15. 2009
    Annual accounts 200910,4 k €
  16. 2008
    Annual accounts 2008-72,6 k €
  17. 2007
    Annual accounts 2007-77,5 k €
  18. 2006
    Annual accounts 2006-110,9 k €
  19. 09/07/2003
    IncorporationPublic limited company