ACTIVE

Karus

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Financial year 2025 · Closed on 31/12/2025

Net result1,8 M €+25,5 %over 1 year
Revenue70,1 M €+4,9 %over 1 year
Equity92,8 M €+1,2 %over 1 year
Workforce639,3 ETP-0,0 %over 1 year

Identity

Source · BCE/KBO

Karus is a Non-profit organization incorporated in 2003. Its main activity is: Pre-primary education. Its registered office is in Merelbeke-Melle. It employs on average 639,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0861.314.369
Incorporation
27/10/2003
Legal form
Non-profit organization
Registered office
Caritasstraat 76
9090 Merelbeke-Melle · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
639,3 ETP
Joint committees (1)
  • 330
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 11 financial years

20252024202320222021
Income statement
Revenue70,1 M €66,8 M €59 M €54,7 M €48,8 M €
EBITDA4,7 M €4,4 M €4,7 M €5,3 M €5,5 M €
Operating result575,1 k €173,4 k €365,2 k €862,9 k €1,1 M €
Net result1,8 M €1,4 M €3,1 M €-1,8 M €3,8 M €
Balance sheet
Equity92,8 M €91,7 M €90,3 M €87,7 M €90,1 M €
Total assets147,1 M €147,9 M €131,3 M €129 M €131,3 M €
Cash4,3 M €6,5 M €7,5 M €8,7 M €9,1 M €
Debts53,1 M €54,7 M €40,3 M €39,3 M €39 M €
Other
Workforce639,3 ETP639,6 ETP642,5 ETP638,1 ETP638,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 13 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hendrik Van Gansbeke
Director01/01/2026 → 31/12/2031
Stefaan Gielens
Director01/01/2026 → 31/12/2031
Ellen Veeckman
Director19/12/2024 → 31/12/2029
Harlinde Exelmans
Director19/12/2024 → 31/12/2029
Bert Vanderhaegen
Director01/01/2018 → 01/01/2030
Hans Van Rijckeghem
Chairman of the board of directors01/01/2021 → 01/01/2030Director01/07/2013 → 01/01/2030
Jan Vande Moortel
Director01/07/2013 → 01/01/2030
Nathalie De Wever
Director01/07/2013 → 01/01/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Christiaan Decoster
Vice-chairman of the board of directors01/01/2024 → 2024 accountsDirector01/01/2024 → 2024 accounts

Other companies at this address

Caritasstraat 76 9090 Merelbeke-Melle
CompanyCBE no.
Karus Patrimonium● Active
0506.807.182

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date23/06/202623/06/202526/06/202420/06/202322/06/202212/07/2021
General meeting18/06/202619/06/202520/06/202415/06/202316/06/202216/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/06/202623/06/2026DutchPDF
Full model31/12/202419/06/202523/06/2025DutchPDF
Full model31/12/202320/06/202426/06/2024DutchPDF
Full model31/12/202215/06/202320/06/2023DutchPDF
Full model31/12/202116/06/202222/06/2022DutchPDF
Full model31/12/202016/06/202112/07/2021DutchPDF
Full model31/12/201908/07/202013/07/2020DutchPDF
Full model31/12/201812/06/201917/06/2019DutchPDF
Full model31/12/201713/06/201814/06/2018DutchPDF
Full model31/12/201614/06/201719/06/2017DutchPDF
Full model31/12/201508/06/201609/06/2016DutchPDF
m140-f-p31/12/201410/06/201516/06/2015DutchPDF
m140-f-p31/12/201311/06/201416/06/2014DutchPDF
m140-f-p31/12/201212/06/201318/06/2013DutchPDF
m140-f-p31/12/201113/06/201220/06/2012DutchPDF
m140-f-p31/12/201008/06/201123/06/2011DutchPDF
m140-f-p31/12/200923/06/201006/07/2010DutchPDF
m140-f-p31/12/200824/06/200925/06/2009DutchPDF
m140-f-p31/12/200718/06/200824/06/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 13 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hendrik Van Gansbeke
Director01/01/2026 → 31/12/2031
Stefaan Gielens
Director01/01/2026 → 31/12/2031
Ellen Veeckman
Director19/12/2024 → 31/12/2029
Harlinde Exelmans
Director19/12/2024 → 31/12/2029
Bert Vanderhaegen
Director01/01/2018 → 01/01/2030
Hans Van Rijckeghem
Chairman of the board of directors01/01/2021 → 01/01/2030Director01/07/2013 → 01/01/2030
Jan Vande Moortel
Director01/07/2013 → 01/01/2030
Nathalie De Wever
Director01/07/2013 → 01/01/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Christiaan Decoster
Vice-chairman of the board of directors01/01/2024 → 2024 accountsDirector01/01/2024 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/07/2026
    Herbenoeming commissaris-revisor
    PDF
  • Mandates20/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings11 filings
Mandates
Hendrik Van Gansbeke
Stefaan Gielens
Harlinde Exelmans
Ellen Veeckman
Nathalie De Wever
Jan Vande Moortel
Hans Van Rijckeghem
Bert Vanderhaegen
Paul Dobbelaere
Christiaan Decoster
Mireille Buyck
Theresia Colle
20032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
KarusPsychiatrisch Centrum Caritas
Caritasstraat 76, 9090 Merelbeke-Melle
Director
Director
Director
Director
Director
Director
Chairman of the board of directorsDirector
Director
Director
Director
Director
Vice-chairman of the board of directorsDirector
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Caritasstraat 76, 9090 Merelbeke-MelleCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00206099

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
KarusCurrent
accounts 2017 → 2025
Accounts 2025 · 2026-00206099
Psychiatrisch Centrum Caritas
accounts 2015 → 2016
Accounts 2016 · 2017-19600185

Events

  1. 01/01/2026
    nominationHendrik Van Gansbeke · bestuurder
  2. 01/01/2026
    nominationStefaan Gielens · bestuurder
  3. 2025
    Annual accounts 20251,8 M €↑
  4. 2024
    Annual accounts 20241,4 M €↓
  5. 19/12/2024
    nominationVeeckman Ellen · bestuurder
  6. 19/12/2024
    nominationExelmans Harlinde · bestuurder
  7. 01/07/2024
    nominationDecoster Christiaan · bestuurder
  8. 01/07/2024
    nominationDe Wever Nathalie · bestuurder
  9. 01/07/2024
    nominationDobbelaere Paul · bestuurder
  10. 01/07/2024
    nominationVande Moortel Jan · bestuurder
  11. 01/07/2024
    nominationVanderhaegen Bert · bestuurder
  12. 01/07/2024
    nominationVan Rijckeghem Hans · bestuurder
  13. 01/01/2024
    reconductionBuyck Mireille · bestuurder
  14. 01/01/2024
    reconductionDecoster Christiaan · bestuurder / ondervoorzitter
  15. 01/01/2024
    reconductionDe Wever Nathalie · bestuurder
  16. 01/01/2024
    reconductionDobbelaere Paul · bestuurder
  17. 01/01/2024
    reconductionVande Moortel Jan · bestuurder
  18. 01/01/2024
    reconductionVanderhaegen Bart · bestuurder
  19. 01/01/2024
    reconductionVan Rijckeghem Hans · bestuurder / voorzitter
  20. 2023
    Annual accounts 20233,1 M €↑
  21. 15/06/2023
    reconductionFrancis Rysman · commissaris
  22. 2022
    Annual accounts 2022-1,8 M €↓
  23. 01/10/2022
    nominationCOLMAN Katlyn · dagelijks bestuurder
  24. 01/07/2022
    nominationBuyck Mireille · bestuurder
  25. 01/07/2022
    nominationColle Theresia · bestuurder
  26. 01/07/2022
    nominationDecoster Christiaan · bestuurder
  27. 01/07/2022
    nominationDe Wever Nathalie · bestuurder
  28. 01/07/2022
    nominationDobbelaere Paul · bestuurder
  29. 01/07/2022
    nominationEeckloo Kristof · bestuurder
  30. 01/07/2022
    nominationVan Bockstaele Erik · bestuurder
  31. 01/07/2022
    nominationVande Moortel Jan · bestuurder
  32. 01/07/2022
    nominationVandewoude Koen · bestuurder
  33. 01/07/2022
    nominationVanderhaegen Bart · bestuurder
  34. 01/07/2022
    nominationVan Rijckeghem Hans · bestuurder
  35. 2021
    Annual accounts 20213,8 M €↑
  36. 2020
    Annual accounts 20201,5 M €↓
  37. 2019
    Annual accounts 20192,4 M €↑
  38. 2018
    Annual accounts 2018731,3 k €↓
  39. 2017
    Annual accounts 20171,5 M €↑
  40. 2017
    Name changeKarus
  41. 2016
    Annual accounts 2016617,7 k €↓
  42. 2015
    Annual accounts 20153,8 M €
  43. 27/10/2003
    IncorporationNon-profit organization