ACTIVE

KARPAT

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

67,1 k €

+2460.1% YoY

Gross margin

332,5 k €

+37.3% YoY

Equity

1,3 M €

+5.5% YoY

What does KARPAT do?

KARPAT is a Public limited company incorporated in 2004. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Kapellen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0866.508.522

Incorporation

23/07/2004

Legal form

Public limited company

Registered office

Korte Spelierlaan 9
2950 Kapellen · FlandreSee on map

Contributed capital

173 904,00 €

Latest accounts

30/09/2025

Activities (NACE)

46180Agents specialised in the sale of other particular products· main 46180Agents specialised in the sale of other particular products 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 70200Management consultancy activities 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007		2006
Income statement
Gross margin	332,5 k €	+37.3%	242,1 k €	-10.8%	271,6 k €	+3.8%	261,7 k €	+21.6%	215,2 k €	+88.5%	114,2 k €	-61.8%	299,2 k €	+29.3%	231,4 k €	-57.1%	539 k €	+21.1%	445,2 k €	+51.9%	293,2 k €	+17.7%	249,1 k €	+96.8%	126,6 k €	+873%	13 k €	+50.9%	8,6 k €	+197%	2,9 k €	-36.1%	4,5 k €	+52.7%	3 k €	-62.6%	7,9 k €
EBITDA	316,6 k €	+45.2%	218 k €	-9.4%	240,5 k €	+13.9%	211,2 k €	+3.6%	203,9 k €	+276%	54,2 k €	-77.6%	242 k €	+18.2%	204,7 k €	-30.4%	294,3 k €	-16.3%	351,4 k €	+28.7%	273 k €	+12.8%	241,9 k €	+112%	113,9 k €	+894%	11,5 k €	+208%	3,7 k €	+915%	366 €	-75.6%	1,5 k €	+7.1%	1,4 k €	-77.2%	6,1 k €
Operating result	244,2 k €	+71.2%	142,6 k €	-12.9%	163,8 k €	+12.8%	145,2 k €	+3.2%	140,7 k €	+1895%	-7,8 k €	-104%	192,5 k €	+7.8%	178,5 k €	-34.2%	271,5 k €	-18.7%	333,8 k €	+29.9%	257 k €	+14.7%	224,1 k €	+103%	110,6 k €	+1462%	7,1 k €	+302%	-3,5 k €	+45.0%	-6,4 k €	+18.4%	-7,8 k €	+1.3%	-7,9 k €	-990%	890 €
Net result	67,1 k €	+2460%	-2,8 k €	-150%	5,7 k €	+2583%	211,4 €	+119%	-1,1 k €	+99.0%	-107,2 k €	-329%	46,7 k €	-18.2%	57,1 k €	-70.2%	191,3 k €	-41.1%	324,7 k €	+29.4%	250,9 k €	+14.8%	218,5 k €	+103%	107,9 k €	+3145%	3,3 k €	+160%	-5,5 k €	+13.6%	-6,4 k €	+15.8%	-7,6 k €	+2.4%	-7,8 k €	-933%	932 €
Balance sheet
Equity	1,3 M €	+5.5%	1,2 M €	-0.2%	1,2 M €	+0.5%	1,2 M €	+0.0%	1,2 M €	-0.1%	1,2 M €	-8.0%	1,3 M €	+3.6%	1,3 M €	-60.2%	3,2 M €	+6.3%	3 M €	+12.0%	2,7 M €	+10.2%	2,5 M €	+9.7%	2,2 M €	+5.1%	2,1 M €	+0.2%	2,1 M €	-0.3%	2,1 M €	-0.3%	2,1 M €	-0.4%	2,2 M €	+32.3%	1,6 M €
Total assets	4 M €	+1.9%	3,9 M €	-7.3%	4,2 M €	+1.9%	4,1 M €	+2.4%	4 M €	+2.1%	4 M €	-6.0%	4,2 M €	+0.0%	4,2 M €	+8.6%	3,9 M €	+8.4%	3,6 M €	+6.1%	3,4 M €	+7.8%	3,1 M €	+13.6%	2,8 M €	+2.7%	2,7 M €	+1.4%	2,6 M €	+19.9%	2,2 M €	-0.3%	2,2 M €	-0.3%	2,2 M €	+32.5%	1,7 M €
Cash	154,8 k €	-61.9%	406,4 k €	+46.7%	277,1 k €	-14.3%	323,3 k €	+209%	104,6 k €	-10.7%	117,2 k €	-57.4%	275,2 k €	-60.8%	701,8 k €	+22.1%	574,9 k €	+224%	177,3 k €	+413%	34,6 k €	-11.9%	39,3 k €	+45.1%	27,1 k €	+84.8%	14,7 k €	+45.9%	10 k €		–		14,4 k €	-12.0%	16,3 k €	+19.6%	13,6 k €
Debts	376,3 k €	+7.9%	348,7 k €	-45.0%	634,3 k €	+16.9%	542,4 k €	-7.3%	585,4 k €	+21.1%	483,4 k €	-17.4%	585,5 k €	+19.5%	490 k €	+14.2%	429,1 k €	-20.0%	536,6 k €	-18.3%	656,4 k €	-1.2%	664,2 k €	+30.7%	508,3 k €	-6.4%	543 k €	+6.6%	509,4 k €	+688%	64,7 k €	-1.7%	65,7 k €	+0.3%	65,6 k €	+39.1%	47,1 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 30/09/2025 · 1 active · 16 ended

Active mandates

Karel Van Huffel

Ged. best. & Voorz. RVB · since 13 juin 2023

Active

Ended mandates

Joannes Van Huffel

Director · since 10 mars 2016 · until 31 mars 2022

Ended

Karel Van Huffel

Mandate · since 10 mars 2016 · until 31 mars 2022

Ended

Marie Vander Linden

Director · since 10 mars 2016 · until 31 mars 2022

Ended

Joannes Van Huffel

Director · since 10 mars 2010 · until 09 mars 2016

Ended

At this address

Other companies at this address

Company	CBE no.
BOXCON● Active	0876.111.324
PARKING NOVA● Active	0413.319.077

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	30/04/2025	29/04/2024	28/04/2023	28/04/2022	30/04/2021
General meeting	26/03/2026	27/03/2025	28/03/2024	30/03/2023	31/03/2022	25/03/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	26/03/2026	30/04/2026	Dutch	PDF
Micro model	30/09/2024	27/03/2025	30/04/2025	Dutch	PDF
Micro model	30/09/2023	28/03/2024	29/04/2024	Dutch	PDF
Micro model	30/09/2022	30/03/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	31/03/2022	28/04/2022	Dutch	PDF
Micro model	30/09/2020	25/03/2021	30/04/2021	Dutch	PDF
Micro model	30/09/2019	26/03/2020	30/04/2020	Dutch	PDF
Micro model	30/09/2018	28/03/2019	30/04/2019	Dutch	PDF
Micro model	30/09/2017	29/03/2018	27/04/2018	Dutch	PDF
Abridged model	30/09/2016	30/03/2017	28/04/2017	Dutch	PDF
Abridged model	30/09/2015	31/03/2016	15/04/2016	Dutch	PDF
Abridged model	30/09/2014	26/03/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	27/03/2014	06/05/2014	Dutch	PDF
Abridged model	30/09/2012	30/03/2013	30/04/2013	Dutch	PDF
Abridged model	30/09/2011	30/03/2012	27/04/2012	Dutch	PDF
Abridged model	31/12/2009	12/05/2010	18/05/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	16/06/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	03/07/2007	Dutch	PDF

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 30/09/2025 · 1 active · 16 ended

Active mandates

Karel Van Huffel

Ged. best. & Voorz. RVB · since 13 juin 2023

Active

Ended mandates

Joannes Van Huffel

Director · since 10 mars 2016 · until 31 mars 2022

Ended

Karel Van Huffel

Mandate · since 10 mars 2016 · until 31 mars 2022

Ended

Marie Vander Linden

Director · since 10 mars 2016 · until 31 mars 2022

Ended

Joannes Van Huffel

Director · since 10 mars 2010 · until 09 mars 2016

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/01/2018
KAPITAAL - AANDELEN
PDF
Mandates21/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2010
DOEL - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Capital / shares29/01/2008
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office01/12/2006
MAATSCHAPPELIJKE ZETEL
PDF
Other02/08/2004
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 202567,1 k €↑
2024
Annual accounts 2024-2,8 k €↓
2023
Annual accounts 20235,7 k €↑
2022
Annual accounts 2022211,4 €↑
2021
Annual accounts 2021-1,1 k €↑
2020
Annual accounts 2020-107,2 k €↓
2019
Annual accounts 201946,7 k €↓
2018
Annual accounts 201857,1 k €↓
2017
Annual accounts 2017191,3 k €↓
2016
Annual accounts 2016324,7 k €↑
2015
Annual accounts 2015250,9 k €↑
2014
Annual accounts 2014218,5 k €↑
2013
Annual accounts 2013107,9 k €↑
2012
Annual accounts 20123,3 k €↑
2011
Annual accounts 2011-5,5 k €↑
2009
Annual accounts 2009-6,4 k €↑
2008
Annual accounts 2008-7,6 k €↑
2007
Annual accounts 2007-7,8 k €↓
2006
Annual accounts 2006932 €
23/07/2004
IncorporationPublic 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

KARPAT

Overview

What does KARPAT do?

Trend over 19 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