Financials
Financial year 2025
Cartamundi from Turnhout, company number BE0437358548, closed financial year 2025 with a result of € 29.1 million after tax. Compared with financial year 2023, the result moved from € 8.1 million to € 29.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 94 million
▲ 30% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29.1 million
▲ 260% vs 2023
Profit after tax over the fiscal year.
€ 12.2 million
▼ 49% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 12 million paid out
41 % of the profit went to the shareholders, mostly to Brepols Group NV (50 % of the shares). That is where the money ends up.
Debts at end 2025
€ 44.7 million
Loans from banks and other lenders, long and short.
€ 735,183
▼ 66% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 106 days on average.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 2,494,041 | € 8,939,685 | € 8,096,485 | € 29,129,546 | ▲ 260% |
| Equity | € 60,448,591 | € 66,388,276 | € 72,484,761 | € 93,954,532 | ▲ 30% |
| Total debts | € 84,073,727 | € 70,975,946 | € 100,397,474 | € 108,703,929 | ▲ 8% |
| Cash | € 17,260,241 | € 15,244,011 | € 23,613,992 | € 12,153,885 | ▼ 49% |
| Retained profit | € 49,888,850 | € 55,828,535 | € 47,425,020 | € 68,894,791 | ▲ 45% |
| Dividend | € 6,000,000 | € 3,000,000 | € 2,000,000 | € 12,000,000 | ▲ € 10 million |
| Bank debt | € 44,696,757 | € 44,696,757 | € 44,696,757 | € 44,696,757 | |
| Balance sheet total | € 144,522,318 | € 137,364,222 | € 172,882,235 | € 202,658,461 | ▲ 17% |
Key figures of Cartamundi, fiscal years 2021 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 Cartamundi?
What happened at Cartamundi in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Louis de Cartier de Marchienne stepped down as director. NBB
- Ladivi BV stepped down as director. NBB
- Frebrec BVBA stepped down as director. NBB
- Pico 2.0 Comm.V stepped down as director. NBB
- Mopic BVBA stepped down as director. NBB
- SyCaMar Comm.V stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 29.1 million (▲ 260% vs 2023). Source: NBB ↗
- Zenden BV stepped down as director. NBB
In short
From € 2.5 million profit in 2021 to € 29.1 million profit in 2025.
Paid € 13,252 in corporate taxes since 2021.
Best year ever: 2025, with € 29.1 million profit.
Paid out € 23 million in dividends to the owners in total.
Management
The shares are held by Brepols Group NV (50%), Van Genechten NV (50%) and Aestas NV (0%). It owns 100% of Cartamundi Trading Shanghai, 100% of CARTAMUNDI NEDERLAND BV, 100% of Cartamundi International, 100% of Cartamundi Hongkong, 100% of CARTA MUNDI INC. and 100% of Cartamundi Digital Ventures itself.
Directors
According to the 2025 annual accounts
Jean-Louis de Cartier de Marchienne
Chairman of the board
since 2025 · until 2028
Director · represented by Dennis Zenner
Also active at: VPK Group, COREX Belgium, VPK FINANCE
since 2023 · until 2026
Director · represented by Dimitri de Somer
Also active at: Van Genechten Packaging, Van Genechten, IMAS, VAN GENECHTEN BIERMANS, AESTAS, Van Genechten Packaging International
since 2025 · until 2028
Managing director · represented by Frederic de Somer
Also active at: Van Genechten, IMAS, AESTAS, Van Genechten Packaging International
since 2025 · until 2028
Eighteen Finch Court BV
Director · represented by Hans Melotte
since 2023 · until 2026
Director · represented by Arnaud de Cartier de Marchienne
Also active at: TRIBU NEWS
since 2025 · until 2028
Director · represented by Pierre Bosseloo
Also active at: Van Genechten, NV VERMEIREN, JOOSEN INVEST, Van Genechten Packaging International, ELSEN EQUIPMENT, VERMEIREN GROUP
since 2025 · until 2028
Director · represented by Sybille de Cartier de Marchienne
Also active at: BREPOLS PUBLISHERS
since 2025 · until 2028
Vicomte BV
Director · represented by Chris Burggraeve
since 2023 · until 2026
Shareholders
Participations
Cartamundi Trading Shanghai
100%
CARTAMUNDI NEDERLAND BV
100%
Cartamundi International
100%
Cartamundi Hongkong
100%
CARTA MUNDI INC.
100%
CARTAMUNDI BRASIL PARTICIPACOES LTDA
99%
70%
Japan Card Products Co.
50%
Establishments
Establishment units
Physical locations of this company
Turnovatoren 14 box 1
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0437.358.548
- VAT number
- BE 0437.358.548
- Registered office
- Turnovatoren 14 bus 1, 2300 Turnhout
- Names & denominations
- Cartamundi
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings