ACTIVE

CARO CONSULTING

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Financial year 2025 · closed on 31/12/2025

Net result

26,1 k €

-19.2% YoY

Gross margin

65,4 k €

-5.0% YoY

Equity

58,2 k €

-2.7% YoY

What does CARO CONSULTING do?

CARO CONSULTING is a Private limited company incorporated in 2004. Its main activity is: Public relations and communication activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0865.104.396

Incorporation

04/05/2004

Legal form

Private limited company

Registered office

Michel De Braeystraat 50
2000 Antwerpen · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70210Public relations and communication activities· main 73300Advertising and market research 74141Specialised design activities 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	65,4 k €	-5.0%	68,9 k €	+76.4%	39 k €	+346%	8,7 k €	-35.1%	13,5 k €	-69.8%	44,6 k €	+41.3%	31,6 k €	-32.0%	46,4 k €	-28.2%	64,6 k €	+17.4%	55 k €	-13.2%	63,4 k €	+1.7%	62,4 k €	-0.7%	62,8 k €	+7.5%	58,4 k €	-34.8%	89,7 k €	+2.3%	87,7 k €	+60.1%	54,8 k €	-14.3%	63,9 k €	+33.6%	47,8 k €	+9.9%	43,5 k €
EBITDA	62,5 k €	-4.9%	65,7 k €	+82.3%	36,1 k €	+479%	6,2 k €	-43.4%	11 k €	-73.9%	42,1 k €	+37.6%	30,6 k €	-30.6%	44,1 k €	-29.3%	62,3 k €	+18.0%	52,8 k €	-13.9%	61,4 k €	+1.5%	60,5 k €	-0.8%	60,9 k €	+7.9%	56,5 k €	-36.1%	88,3 k €	+2.0%	86,6 k €	+61.9%	53,5 k €	-11.4%	60,4 k €	+28.8%	46,9 k €	+10.5%	42,4 k €
Operating result	44,8 k €	-11.8%	50,8 k €	+109%	24,2 k €	+717%	-3,9 k €	-461%	1,1 k €	-96.7%	32,6 k €	+55.7%	20,9 k €	-38.8%	34,2 k €	-33.4%	51,4 k €	+55.1%	33,1 k €	-20.5%	41,6 k €	-2.1%	42,6 k €	-17.6%	51,7 k €	+9.8%	47,1 k €	-33.8%	71,1 k €	+2.1%	69,6 k €	+90.7%	36,5 k €	+1084%	-3,7 k €	-109%	41,2 k €	+13.1%	36,4 k €
Net result	26,1 k €	-19.2%	32,3 k €	+110%	15,3 k €	+223%	-12,5 k €	-50.6%	-8,3 k €	-130%	27,7 k €	+221%	8,6 k €	-51.3%	17,7 k €	-30.2%	25,3 k €	+100%	12,7 k €	-15.7%	15 k €	-19.8%	18,7 k €	-25.9%	25,3 k €	+27.7%	19,8 k €	-38.8%	32,3 k €	-5.9%	34,3 k €	+240%	10,1 k €	+259%	-6,3 k €	-124%	26,3 k €	+2.7%	25,6 k €
Balance sheet
Equity	58,2 k €	-2.7%	59,8 k €	+50.6%	39,7 k €	-5.6%	42,1 k €	-47.3%	79,9 k €	-20.8%	100,8 k €	-12.4%	115,1 k €	-8.1%	125,2 k €	+16.4%	107,5 k €	+30.8%	82,2 k €	+18.2%	69,5 k €	+27.5%	54,5 k €	+52.2%	35,8 k €	+239%	10,6 k €	-74.1%	40,8 k €	-4.0%	42,5 k €	+422%	8,1 k €	-88.0%	68 k €	-8.5%	74,4 k €	-20.1%	93,1 k €
Total assets	219,5 k €	-11.6%	248,5 k €	+11.0%	223,9 k €	-1.6%	227,6 k €	-14.5%	266,1 k €	-12.3%	303,4 k €	+0.3%	302,6 k €	-1.6%	307,6 k €	-2.5%	315,4 k €	+7.1%	294,4 k €	-2.2%	300,9 k €	+0.9%	298,1 k €	+8.6%	274,5 k €	-11.6%	310,5 k €	-3.4%	321,5 k €	-4.0%	334,9 k €	-14.2%	390,5 k €	-8.1%	424,9 k €	+227%	129,8 k €	+16.1%	111,8 k €
Cash	53,9 k €	-7.4%	58,2 k €	+254%	16,5 k €	-66.1%	48,6 k €	-50.0%	97 k €	-21.6%	123,8 k €	+114%	58 k €	-33.0%	86,5 k €	-7.1%	93,1 k €	+100%	46,5 k €	-16.3%	55,5 k €	-19.7%	69,1 k €	+5.7%	65,4 k €	+586%	9,5 k €	+134%	4,1 k €	-48.4%	7,9 k €	-0.7%	7,9 k €	-86.8%	60 k €	-29.6%	85,2 k €	+24.3%	68,5 k €
Debts	161,3 k €	-14.5%	188,6 k €	+2.4%	184,2 k €	-0.7%	185,5 k €	-0.3%	186,2 k €	-8.1%	202,6 k €	+8.1%	187,4 k €	+2.8%	182,4 k €	-12.3%	207,9 k €	-2.0%	212,2 k €	-8.3%	231,4 k €	-5.0%	243,6 k €	+2.1%	238,6 k €	-20.4%	299,9 k €	+6.9%	280,7 k €	-4.0%	292,4 k €	-23.5%	382,4 k €	+7.1%	356,9 k €	+544%	55,4 k €	+196%	18,7 k €

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 31/12/2025 · 1 active · 1 ended

Active mandates

Caroline ROWE

Manager · since 04 mai 2004

Active

Ended mandates

Caroline ROWE

Director · since 04 mai 2004

Ended

At this address

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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	30/06/2026	30/06/2025	26/06/2024	29/06/2023	28/07/2022	30/08/2021
General meeting	22/06/2026	10/06/2025	10/06/2024	05/06/2023	05/07/2022	10/08/2021
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
Micro model	31/12/2025	22/06/2026	30/06/2026	Dutch	PDF
Micro model	31/12/2024	10/06/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	10/06/2024	26/06/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	29/06/2023	Dutch	PDF
Micro model	31/12/2021	05/07/2022	28/07/2022	Dutch	PDF
Micro model	31/12/2020	10/08/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	12/07/2019	31/07/2019	Dutch	PDF
Micro model	31/12/2017	04/08/2018	28/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	05/08/2015	10/08/2015	French	PDF
Abridged model	31/12/2013	25/07/2014	31/07/2014	French	PDF
Abridged model	31/12/2012	20/08/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	06/08/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	31/07/2011	French	PDF
Abridged model	31/12/2009	30/08/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	24/12/2009	French	PDF
Abridged model	31/12/2007	10/07/2008	11/07/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	30/08/2007	French	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 31/12/2025 · 1 active · 1 ended

Active mandates

Caroline ROWE

Manager · since 04 mai 2004

Active

Ended mandates

Caroline ROWE

Director · since 04 mai 2004

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office17/07/2023
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other12/01/2016
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office10/10/2012
SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other10/10/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other13/05/2004
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202526,1 k €↓
2024
Annual accounts 202432,3 k €↑
2023
Annual accounts 202315,3 k €↑
2022
Annual accounts 2022-12,5 k €↓
2021
Annual accounts 2021-8,3 k €↓
2020
Annual accounts 202027,7 k €↑
2019
Annual accounts 20198,6 k €↓
2018
Annual accounts 201817,7 k €↓
2017
Annual accounts 201725,3 k €↑
2016
Annual accounts 201612,7 k €↓
2015
Annual accounts 201515 k €↓
2015
Name changeCARO CONSULTING
2014
Annual accounts 201418,7 k €↓
2013
Annual accounts 201325,3 k €↑
2012
Annual accounts 201219,8 k €↓
2011
Annual accounts 201132,3 k €↓
2010
Annual accounts 201034,3 k €↑
2009
Annual accounts 200910,1 k €↑
2008
Annual accounts 2008-6,3 k €↓
2007
Annual accounts 200726,3 k €↑
2006
Annual accounts 200625,6 k €
2006
Name changeCUTSFORTH CONSULTING SERVICES
04/05/2004
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

CARO CONSULTING

Overview

What does CARO CONSULTING do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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