ACTIVE

KARO

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Financial year 2025 · Closed on 31/12/2025

Net result40,4 k €+393,9 %over 1 year
Gross margin139,3 k €+6,0 %over 1 year
Equity184,6 k €+28,0 %over 1 year

Identity

Source · BCE/KBO

KARO is a Private limited company incorporated in 2005. Its main activity is: Manufacture of made-up textile articles, except apparel. Its registered office is in Kruisem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0878.115.858
Incorporation
08/12/2005
Legal form
Private limited company
Registered office
Weistraat 8
9750 Kruisem · FlandreSee on map
Contributed capital
63 600,00 €
Latest accounts
31/12/2025
Joint committees (3)
  • 109
  • 218
  • 314
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin139,3 k €131,5 k €199 k €163,3 k €135,7 k €
EBITDA86,7 k €15,9 k €91,3 k €80,4 k €56,2 k €
Operating result63 k €-7,6 k €64,2 k €47,3 k €24,7 k €
Net result40,4 k €-13,7 k €40,3 k €27,9 k €15,6 k €
Balance sheet
Equity184,6 k €144,2 k €157,9 k €124,7 k €96,8 k €
Total assets297,7 k €303,8 k €350,3 k €363,9 k €339,8 k €
Cash65,3 k €33 k €97,6 k €103,3 k €54,4 k €
Debts113,1 k €159,7 k €192,4 k €239,2 k €243 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Ann Steeman

Director · since 08 décembre 2005

Active
Karel Oosterlynck

Director · since 08 décembre 2005

Active

Ended mandates

Stefanie Steeman

Director · since 15 juillet 2007

Ended
Ann Steeman

Manager · since 08 décembre 2005

Ended
Karel Oosterlynck

Manager · since 08 décembre 2005

Ended
Ann Steeman

Manager

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date31/08/202629/08/202530/09/202409/10/202313/10/202231/08/2021
General meeting25/08/202626/08/202524/09/202426/09/202327/09/202224/08/2021
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
Micro model31/12/202525/08/202631/08/2026DutchPDF
Micro model31/12/202426/08/202529/08/2025DutchPDF
Micro model31/12/202324/09/202430/09/2024DutchPDF
Micro model31/12/202226/09/202309/10/2023DutchPDF
Micro model31/12/202127/09/202213/10/2022DutchPDF
Micro model31/12/202024/08/202131/08/2021DutchPDF
Micro model31/12/201913/10/202029/10/2020DutchPDF
Micro model31/12/201827/08/201930/08/2019DutchPDF
Micro model31/12/201728/08/201831/08/2018DutchPDF
Micro model31/12/201626/09/201727/09/2017DutchPDF
Abridged model31/12/201523/08/201631/08/2016DutchPDF
Abridged model31/12/201429/09/201530/09/2015DutchPDF
Abridged model31/12/201326/08/201431/08/2014DutchPDF
Abridged model31/12/201228/05/201306/06/2013DutchPDF
Abridged model31/12/201129/05/201206/03/2013DutchPDF
Abridged model31/12/201031/05/201114/07/2011DutchPDF
Abridged model31/12/200925/05/201025/06/2010DutchPDF
Abridged model31/12/200826/05/200931/08/2009DutchPDF
Abridged model31/12/200730/06/200827/08/2008DutchPDF
Abridged model31/12/200630/06/200729/08/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Ann Steeman

Director · since 08 décembre 2005

Active
Karel Oosterlynck

Director · since 08 décembre 2005

Active

Ended mandates

Stefanie Steeman

Director · since 15 juillet 2007

Ended
Ann Steeman

Manager · since 08 décembre 2005

Ended
Karel Oosterlynck

Manager · since 08 décembre 2005

Ended
Ann Steeman

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/11/2024
    ONTSLAG BESTUURDER
    PDF
  • Mandates24/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/02/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/03/2014
    KAPITAAL - AANDELEN
    PDF
  • Other04/01/2006
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202540,4 k €↑
  2. 2024
    Annual accounts 2024-13,7 k €↓
  3. 2023
    Annual accounts 202340,3 k €↑
  4. 2022
    Annual accounts 202227,9 k €↑
  5. 2021
    Annual accounts 202115,6 k €↑
  6. 2020
    Annual accounts 20207,6 k €↑
  7. 2019
    Annual accounts 2019-463,1 €↑
  8. 2018
    Annual accounts 2018-694 €↓
  9. 2017
    Annual accounts 201795,5 €↓
  10. 2016
    Annual accounts 2016188,9 €↓
  11. 2015
    Annual accounts 20152,3 k €↓
  12. 2014
    Annual accounts 201410,6 k €↓
  13. 2013
    Annual accounts 201311,9 k €↓
  14. 2012
    Annual accounts 201223,5 k €↑
  15. 2011
    Annual accounts 201118,4 k €↑
  16. 2010
    Annual accounts 2010-13,9 k €↓
  17. 2009
    Annual accounts 20093,7 k €↓
  18. 2008
    Annual accounts 20085,1 k €↓
  19. 2007
    Annual accounts 200713,8 k €↓
  20. 2006
    Annual accounts 200624,9 k €
  21. 08/12/2005
    IncorporationPrivate limited company