ACTIVE

Cartamundi Turnhout

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Financial year 2025 · Closed on 31/12/2025

Net result19,4 M €+1,6 %over 1 year
Revenue118,6 M €+6,5 %over 1 year
Equity32,5 M €+2,8 %over 1 year
Workforce375,9 ETP+5,2 %over 1 year

Identity

Source · BCE/KBO

Cartamundi Turnhout is a Public limited company incorporated in 2005. Its main activity is: Manufacture of games and toys. Its registered office is in Turnhout. It employs on average 375,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0877.566.324
Incorporation
29/11/2005
Legal form
Public limited company
Registered office
Visbeekstraat 22
2300 Turnhout · FlandreSee on map
Contributed capital
8 045 471,80 €
Latest accounts
31/12/2025
Average workforce
375,9 ETP
Joint committees (2)
  • 136
  • 222
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue118,6 M €111,4 M €87,3 M €88,3 M €73,2 M €
EBITDA28,3 M €29,6 M €17,4 M €13,2 M €8,7 M €
Operating result28,5 M €25,5 M €15,7 M €7,9 M €6,3 M €
Net result19,4 M €19,1 M €8,4 M €3,7 M €8,2 M €
Balance sheet
Equity32,5 M €31,6 M €29,5 M €25,6 M €25,6 M €
Total assets90 M €103,9 M €98,1 M €84,4 M €82,1 M €
Cash161,6 k €2,5 M €4,3 M €4,4 M €5,8 M €
Debts56,2 M €70,9 M €67,3 M €57,6 M €54,5 M €
Other
Workforce375,9 ETP357,4 ETP344,0 ETP335,9 ETP320,2 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

3 active · 25 ended

Active mandates

Christophe Schellens

Director · since 17 novembre 2025 · until 02 mai 2028

Active
Morrissey Barry

Managing director · since 25 novembre 2024 · until 03 mai 2027

Active
David Germis

Chairman of the board of directors · since 02 mai 2023 · until 04 mai 2026

Active

Ended mandates

Istvan Lagaert

Managing director · since 02 mai 2023 · until 04 mai 2026

Ended
Wim Vlekken

Director · since 02 mai 2023 · until 04 mai 2026

Ended
Wim Vlekken

Director · since 06 mai 2019 · until 10 mai 2023

Ended
David Germis

Chairman of the board of directors · since 07 mai 2018 · until 10 mai 2023

Ended

Other companies at this address

Visbeekstraat 22 2300 Turnhout
CompanyCBE no.
CM - Bridgefestival● Active
0430.177.281
DE JOKERS● Active
0474.370.481
Medimundi● Active
0749.994.102
SOCIAAL FONDS CARTA MUNDI● Active
0474.593.779

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 date01/06/202603/06/202529/05/202416/05/202324/05/202202/06/2021
General meeting04/05/202605/05/202506/05/202402/05/202302/05/202203/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/05/202601/06/2026DutchPDF
Full model31/12/202405/05/202503/06/2025DutchPDF
Full model31/12/202306/05/202429/05/2024DutchPDF
Full model31/12/202202/05/202316/05/2023DutchPDF
Full model31/12/202102/05/202224/05/2022DutchPDF
Full model31/12/202003/05/202102/06/2021DutchPDF
Full model31/12/201904/05/202003/06/2020DutchPDF
Full model31/12/201806/05/201928/05/2019DutchPDF
Full model31/12/201707/05/201825/05/2018DutchPDF
Full model31/12/201602/05/201730/05/2017DutchPDF
Full model31/12/201503/05/201601/06/2016DutchPDF
Full model31/12/201404/05/201503/06/2015DutchPDF
Full model31/12/201305/05/201404/06/2014DutchPDF
Full model31/12/201206/05/201305/06/2013DutchPDF
Full model31/12/201107/05/201205/06/2012DutchPDF
Full model31/12/201002/05/201101/06/2011DutchPDF
Full model31/12/200903/05/201003/06/2010DutchPDF
Full model31/12/200804/05/200902/06/2009DutchPDF
Full model31/12/200705/05/200803/06/2008DutchPDF
Full model31/12/200607/05/200729/05/2007DutchPDF

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

3 active · 25 ended

Active mandates

Christophe Schellens

Director · since 17 novembre 2025 · until 02 mai 2028

Active
Morrissey Barry

Managing director · since 25 novembre 2024 · until 03 mai 2027

Active
David Germis

Chairman of the board of directors · since 02 mai 2023 · until 04 mai 2026

Active

Ended mandates

Istvan Lagaert

Managing director · since 02 mai 2023 · until 04 mai 2026

Ended
Wim Vlekken

Director · since 02 mai 2023 · until 04 mai 2026

Ended
Wim Vlekken

Director · since 06 mai 2019 · until 10 mai 2023

Ended
David Germis

Chairman of the board of directors · since 07 mai 2018 · until 10 mai 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates21/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/09/2019
    DIVERSEN
    PDF

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 202519,4 M €↑
  2. 17/11/2025
    nominationChristophe Scheliens — bestuurder
  3. 2024
    Annual accounts 202419,1 M €↑
  4. 25/11/2024
    nominationBarry Morrissey — bestuurder
  5. 06/05/2024
    reconductionTinneke Baeyens — commissaris-revisor
  6. 2023
    Annual accounts 20238,4 M €↑
  7. 02/05/2023
    reconductionIstvan Lagaert — bestuurder
  8. 02/05/2023
    reconductionDavid Germis — bestuurder
  9. 02/05/2023
    reconductionWim Vlekken — bestuurder
  10. 2022
    Annual accounts 20223,7 M €↓
  11. 2021
    Annual accounts 20218,2 M €↑
  12. 2020
    Annual accounts 20204,1 M €↓
  13. 2019
    Annual accounts 20196,8 M €↑
  14. 2018
    Annual accounts 20183,4 M €↑
  15. 2017
    Annual accounts 2017882,2 k €↑
  16. 2016
    Annual accounts 2016756,6 k €↑
  17. 2015
    Annual accounts 2015518,9 k €↑
  18. 2014
    Annual accounts 2014228,4 k €↓
  19. 2010
    Annual accounts 20101 M €↓
  20. 2009
    Annual accounts 20091,8 M €↑
  21. 2007
    Annual accounts 20071,7 M €↑
  22. 2006
    Annual accounts 2006822,1 k €
  23. 29/11/2005
    IncorporationPublic limited company