Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
De Karmelieten from Gent, company number BE0407215601, closed financial year 2025 with a result of € -190,793 after tax. For that financial year De Karmelieten recorded a gross margin of € 917,474 and equity of € 9.6 million. Compared with financial year 2024, the result moved from € -149,530 to € -190,793. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 14, 2026.
€ 9.6 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -190,793
▼ 28 % more loss than in 2024
Profit after tax over the fiscal year.
€ 215,657
▲ € 173,740 vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
15.3
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 944,771
▼ 6% vs 2024
€ 61,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 59,540
▼ 23% vs 2024
Of which on lease € 7,531.
Debts at end 2025
€ 7,531
▼ 44% vs 2024
€ 6,025 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 139,058
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 83,504
▼ 17% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,363,612 | € 490,839 | € 716,760 | € 917,474 | ▲ 28% |
| Profit after taxes | € 1,200,224 | € -413,550 | € -149,530 | € -190,793 | ▼ € 41,264 |
| Equity | € 9,158,942 | € 7,407,207 | € 9,821,594 | € 9,568,937 | ▼ 3% |
| Total debts | € 1,419,163 | € 414,499 | € 290,045 | € 331,572 | ▲ 14% |
| Cash | € 93,289 | € 458,703 | € 41,917 | € 215,657 | ▲ € 173,740 |
| Land & buildings | € 7,050,862 | € 6,700,862 | € 6,700,862 | € 6,752,275 | ▲ 1% |
| Retained profit | € 0 | € 0 | € 0 | € -190,793 | |
| Bank debt | € 0 | € 0 | € 13,555 | € 7,531 | ▼ 44% |
| Balance sheet total | € 10,578,104 | € 10,218,396 | € 10,111,639 | € 9,900,509 | ▼ 2% |
| Employees (FTE) | 13 | 14.6 | 17.5 | 15.3 | ▼ 2.2 |
Key figures of De Karmelieten, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to De Karmelieten?
What happened at De Karmelieten in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 190,793. filed late Source: NBB ↗
- Luc Martens stepped down as director. NBB
- Piet Coucke stepped down as director. NBB
- Martin Faignaert stepped down as director. NBB
- Etienne Van Meerssche stepped down as director. NBB
- Paul De Bois stepped down as director. NBB
- Carlos Noyen stepped down as director. NBB
- Luc Martens became a director. NBB
In short
From € 1.2 million profit in 2022 to € 190,793 loss in 2025.
Best year ever: 2022, with € 1.2 million profit.
On average € 60,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Luc Martens
Director
since 2021 · until 2026
Piet Coucke
Director
since 2021 · until 2026
Martin Faignaert
Director
since 2021 · until 2026
Carlos Noyen
Director
since 2021 · until 2023
Etienne Van Meerssche
Director
since 2021 · until 2026
Paul De Bois
Director
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
Burgstraat 46
9000 Gent
Grotesteenweg 650
2600 Antwerpen
Active since 1 July 2003
Ezelstraat 28
8000 Brugge
Active since 1 July 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Domain
Domain
karmel.be
Registered
2000-04-20
Website info
Features
Details
- Company number
- 0407.215.601
- VAT number
- BE 0407.215.601
- Registered office
- Burgstraat 46, 9000 Gent
- Names & denominations
- De Karmelieten
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 29 January 1923
- Peppol
- Active · Active since 13 Jan 2024
- Contact
- karmel.be [email protected]
- Activities · NACE
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