What does Karl SEVERIN do?

Karl SEVERIN is registered with the CBE as active in: Stukadoorswerk. Private Limited, started on 21 October 1986, 1 establishment.

What is the address of Karl SEVERIN?

The registered office of Karl SEVERIN is located at Langenbend 12A, 4730 Raeren.

Is Karl SEVERIN still active?

Yes. According to the CBE (30 October 2026) Karl SEVERIN is active, legal situation “Normale toestand”, started on 21 October 1986.

Is Karl SEVERIN registered on Peppol?

Yes, Karl SEVERIN is registered on the Peppol network with ID 0208:0429671396.

What is the enterprise number of Karl SEVERIN?

The enterprise number of Karl SEVERIN is BE0429671396.

When was Karl SEVERIN founded?

Karl SEVERIN was founded on 21 October 1986.

Who are the directors of Karl SEVERIN?

According to the 2024 annual accounts, the directors of Karl SEVERIN are: Michael SEVERIN, Patrick SEVERIN.

Is Karl SEVERIN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 October 1986; 5 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account.

How much profit did Karl SEVERIN make in 2024?

Karl SEVERIN posted a profit after taxes of € 19,777 in financial year 2024.

What is the revenue of Karl SEVERIN?

As a small company, Karl SEVERIN is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 288,989.

How much does an employee at Karl SEVERIN earn?

The average wage cost per full-time employee at Karl SEVERIN was € 33,200 in 2024: staff costs of € 209,200 for 6.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Karl SEVERIN have?

According to the 2024 annual accounts, Karl SEVERIN has 6.3 full-time equivalents (FTE).

Karl SEVERIN (Private Limited) - Raeren - BE0429671396

Dossier Karl SEVERIN, printed on 30 October 2026 from databakkes.be/en/0429671396/karl-severin. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 59 % of short-term debt in 2024; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 9 to 6.3.

Financials

Financial year 2024

Karl SEVERIN from Raeren, company number BE0429671396, closed financial year 2024 with a result of € 19,777 after tax. For that financial year Karl SEVERIN recorded a gross margin of € 288,989 and equity of € -42,845. Compared with financial year 2023, the result moved from € 28,079 to € 19,777. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2025.

What it is worth Caution

€ -42,845

▲ € 19,061 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 19,777

▼ 30% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 15,027

▲ € 11,671 vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € -68,603.

People and assets in 2024

Full-time equivalents

6.3

▼ 2.2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 209,200

▼ 5% vs 2023

€ 33,200 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.

Vehicles and equipment

€ 39,788

▼ 35% vs 2023

Of which on lease € 11,784.

Debts at end 2024

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 188,696

▼ 13% vs 2023

€ 28,953 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 100,532

▲ 48% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 139,431

▲ 26% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 288,274 Gross margin 2021: € 288,274 First fiscal year in the series	€ 294,707 Gross margin 2022: € 294,707 ▲ 2% vs 2021 (€ 288,274) Favourable step	€ 309,300 Gross margin 2023: € 309,300 ▲ 5% vs 2022 (€ 294,707) Favourable step	€ 288,989 Gross margin 2024: € 288,989 ▼ 7% vs 2023 (€ 309,300) Unfavourable step	▼ 7%
Profit after taxes	€ 14,244 Profit after taxes 2021: € 14,244 First fiscal year in the series	€ -40,419 Profit after taxes 2022: € -40,419 ▼ € 54,663 vs 2021 (€ 14,244) Unfavourable step	€ 28,079 Profit after taxes 2023: € 28,079 ▲ € 68,499 vs 2022 (€ -40,419) Favourable step	€ 19,777 Profit after taxes 2024: € 19,777 ▼ 30% vs 2023 (€ 28,079) Unfavourable step	▼ 30%
Equity	€ -48,135 Equity 2021: € -48,135 First fiscal year in the series	€ -89,270 Equity 2022: € -89,270 ▼ € 41,135 vs 2021 (€ -48,135) Unfavourable step	€ -61,907 Equity 2023: € -61,907 ▲ € 27,364 vs 2022 (€ -89,270) Favourable step	€ -42,845 Equity 2024: € -42,845 ▲ € 19,061 vs 2023 (€ -61,907) Favourable step	▲ € 19,061
Total debts	€ 391,687 Total debts 2021: € 391,687 First fiscal year in the series	€ 479,789 Total debts 2022: € 479,789 ▲ 22% vs 2021 (€ 391,687) Unfavourable step	€ 396,690 Total debts 2023: € 396,690 ▼ 17% vs 2022 (€ 479,789) Favourable step	€ 434,685 Total debts 2024: € 434,685 ▲ 10% vs 2023 (€ 396,690) Unfavourable step	▲ 10%
Cash	€ 15,526 Cash 2021: € 15,526 First fiscal year in the series	€ 10,719 Cash 2022: € 10,719 ▼ 31% vs 2021 (€ 15,526) Unfavourable step	€ 3,356 Cash 2023: € 3,356 ▼ 69% vs 2022 (€ 10,719) Unfavourable step	€ 15,027 Cash 2024: € 15,027 ▲ € 11,671 vs 2023 (€ 3,356) Favourable step	▲ € 11,671
Land & buildings	€ 93,373 Land & buildings 2021: € 93,373 First fiscal year in the series	€ 86,191 Land & buildings 2022: € 86,191 ▼ 8% vs 2021 (€ 93,373) Unchanged	€ 79,008 Land & buildings 2023: € 79,008 ▼ 8% vs 2022 (€ 86,191) Unchanged	€ 71,826 Land & buildings 2024: € 71,826 ▼ 9% vs 2023 (€ 79,008) Unchanged	▼ 9%
Retained profit	€ -76,040 Retained profit 2021: € -76,040 First fiscal year in the series	€ -116,459 Retained profit 2022: € -116,459 ▼ € 40,419 vs 2021 (€ -76,040) Unfavourable step	€ -88,380 Retained profit 2023: € -88,380 ▲ € 28,079 vs 2022 (€ -116,459) Favourable step	€ -68,603 Retained profit 2024: € -68,603 ▲ € 19,777 vs 2023 (€ -88,380) Favourable step	▲ € 19,777
Bank debt	€ 262,568 Bank debt 2021: € 262,568 First fiscal year in the series	€ 240,098 Bank debt 2022: € 240,098 ▼ 9% vs 2021 (€ 262,568) Favourable step	€ 217,143 Bank debt 2023: € 217,143 ▼ 10% vs 2022 (€ 240,098) Favourable step	€ 188,696 Bank debt 2024: € 188,696 ▼ 13% vs 2023 (€ 217,143) Favourable step	▼ 13%
Balance sheet total	€ 343,552 Balance sheet total 2021: € 343,552 First fiscal year in the series	€ 390,519 Balance sheet total 2022: € 390,519 ▲ 14% vs 2021 (€ 343,552) Unchanged	€ 334,783 Balance sheet total 2023: € 334,783 ▼ 14% vs 2022 (€ 390,519) Unchanged	€ 391,840 Balance sheet total 2024: € 391,840 ▲ 17% vs 2023 (€ 334,783) Unchanged	▲ 17%
Employees (FTE)	7.3 Employees (FTE) 2021: 7.3 First fiscal year in the series	9 Employees (FTE) 2022: 9 ▲ 1.7 vs 2021 (7.3) Unchanged	8.5 Employees (FTE) 2023: 8.5 ▼ 0.5 vs 2022 (9) Unchanged	6.3 Employees (FTE) 2024: 6.3 ▼ 2.2 vs 2023 (8.5) Unchanged	▼ 2.2

Key figures of Karl SEVERIN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to Karl SEVERIN?

What happened at Karl SEVERIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 9, 2025 New annual accounts for financial year 2024: profit of € 19,777 (▼ 30% vs 2023). filed late Source: NBB ↗
2024 Michael SEVERIN became a director. NBB
2024 Patrick SEVERIN became a director. NBB
Nov 21, 1986 New establishment in Raeren. KBO
Oct 21, 1986 Start of the company according to the CBE. KBO

In short

From € 14,244 profit in 2021 to € 19,777 profit in 2024.

Paid € 3,099 in corporate taxes since 2021.

Best year ever: 2023, with € 28,079 profit.

On average € 45,900 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Patrick SEVERIN

Michael SEVERIN

Karl SEVERIN

Behind Karl SEVERIN are Michael SEVERIN and Patrick SEVERIN. The shares are held by Patrick SEVERIN and Michael SEVERIN.

Directors

According to the 2024 annual accounts

Michael SEVERIN

Chairman of the board

since 2024

Patrick SEVERIN

Director

since 2024

Shareholders

Patrick SEVERIN

Michael SEVERIN

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Langenbend 12A

4730 Raeren

2.034.589.054

Langenbend 12 A

4730 Raeren

Active since 21 November 1986

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0429.671.396
VAT number: BE 0429.671.396
Registered office: Langenbend 12A, 4730 Raeren
Names & denominations: Karl SEVERIN
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 21 October 1986
Peppol: Active · Active since 6 Oct 2025
Activities · NACE: Stukadoorswerk

View on CBE Public ↗ Annual accounts (NBB) ↗

Karl SEVERIN

Warning lights

Financials

What happened to Karl SEVERIN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions