What does CARLTON do?

CARLTON is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 21 November 1990, 1 establishment.

What is the address of CARLTON?

The registered office of CARLTON is located at Kortrijksesteenweg 1052 box D, 9051 Gent.

Is CARLTON still active?

Yes. According to the CBE (29 October 2026) CARLTON is active, legal situation “Normale toestand”, started on 21 November 1990.

Is CARLTON registered on Peppol?

Yes, CARLTON is registered on the Peppol network with ID 0208:0442540724.

What is the enterprise number of CARLTON?

The enterprise number of CARLTON is BE0442540724.

When was CARLTON founded?

CARLTON was founded on 21 November 1990.

Who are the directors of CARLTON?

According to the 2025 annual accounts, the directors of CARLTON are: Frank De Graeve, Dirk De Graeve, Sabine Morel.

Is CARLTON a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 November 1990; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did CARLTON make in 2025?

CARLTON posted a profit after taxes of € 315,024 in financial year 2025.

What is the revenue of CARLTON?

In its most recent annual accounts (2025), CARLTON reported revenue of € 695,021.

How much does an employee at CARLTON earn?

The average wage cost per full-time employee at CARLTON was € 84,100 in 2025: staff costs of € 151,466 for 1.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CARLTON have?

According to the 2025 annual accounts, CARLTON has 1.8 full-time equivalents (FTE).

CARLTON (Public Limited) - Gent - BE0442540724

Dossier CARLTON, printed on 29 October 2026 from databakkes.be/en/0442540724/carlton. 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.

Busy address KBO

17 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

CARLTON from Gent, company number BE0442540724, closed financial year 2025 with a result of € 315,024 after tax. For that financial year CARLTON recorded revenue of € 695,021 and equity of € 14.5 million. Compared with financial year 2024, the result moved from € 284,376 to € 315,024. Profitable, and profit is growing. 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 December 17, 2025.

What it is worth Healthy

€ 14.5 million

▼ 7% vs 2024

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

Profit Growing

€ 315,024

▲ 11% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 63,195

▲ 117% vs 2024

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

Where the profit goes Pays out

€ 1.5 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

1.8

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 81,027 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 151,466

▲ 3% vs 2024

€ 84,100 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

€ 47,090

▲ € 46,639 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 4.6 million

▼ 5% vs 2024

€ 784,486 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 22,613

▼ 19% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.

Taxes and wages

€ 283,547

▼ 21% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	€ 273,542 Revenue 2024: € 273,542 First fiscal year in the series	€ 695,021 Revenue 2025: € 695,021 ▲ 154% vs 2024 (€ 273,542) Favourable step	▲ 154%
Gross margin	€ 2,333,181 Gross margin 2022: € 2,333,181 First fiscal year in the series	€ 2,382,355 Gross margin 2023: € 2,382,355 ▲ 2% vs 2022 (€ 2,333,181) Favourable step	-	-
Profit after taxes	€ 2,591,277 Profit after taxes 2022: € 2,591,277 First fiscal year in the series	€ 6,507,246 Profit after taxes 2023: € 6,507,246 ▲ 151% vs 2022 (€ 2,591,277) Favourable step	€ 284,376 Profit after taxes 2024: € 284,376 ▼ 96% vs 2023 (€ 6,507,246) Unfavourable step	€ 315,024 Profit after taxes 2025: € 315,024 ▲ 11% vs 2024 (€ 284,376) Favourable step	▲ 11%
Equity	€ 16,757,055 Equity 2022: € 16,757,055 First fiscal year in the series	€ 17,189,300 Equity 2023: € 17,189,300 ▲ 3% vs 2022 (€ 16,757,055) Favourable step	€ 15,651,176 Equity 2024: € 15,651,176 ▼ 9% vs 2023 (€ 17,189,300) Unfavourable step	€ 14,508,200 Equity 2025: € 14,508,200 ▼ 7% vs 2024 (€ 15,651,176) Unfavourable step	▼ 7%
Total debts	€ 13,351,522 Total debts 2022: € 13,351,522 First fiscal year in the series	€ 14,234,664 Total debts 2023: € 14,234,664 ▲ 7% vs 2022 (€ 13,351,522) Unfavourable step	€ 8,279,855 Total debts 2024: € 8,279,855 ▼ 42% vs 2023 (€ 14,234,664) Favourable step	€ 6,392,263 Total debts 2025: € 6,392,263 ▼ 23% vs 2024 (€ 8,279,855) Favourable step	▼ 23%
Cash	€ 86,636 Cash 2022: € 86,636 First fiscal year in the series	€ 3,754,421 Cash 2023: € 3,754,421 ▲ € 3.7 million vs 2022 (€ 86,636) Favourable step	€ 29,132 Cash 2024: € 29,132 ▼ 99% vs 2023 (€ 3,754,421) Unfavourable step	€ 63,195 Cash 2025: € 63,195 ▲ 117% vs 2024 (€ 29,132) Favourable step	▲ 117%
Land & buildings	€ 127,414 Land & buildings 2022: € 127,414 First fiscal year in the series	€ 125,546 Land & buildings 2023: € 125,546 ▼ 1% vs 2022 (€ 127,414) Unchanged	€ 123,678 Land & buildings 2024: € 123,678 ▼ 1% vs 2023 (€ 125,546) Unchanged	€ 121,810 Land & buildings 2025: € 121,810 ▼ 2% vs 2024 (€ 123,678) Unchanged	▼ 2%
Retained profit	€ 14,749,117 Retained profit 2022: € 14,749,117 First fiscal year in the series	€ 15,181,363 Retained profit 2023: € 15,181,363 ▲ 3% vs 2022 (€ 14,749,117) Favourable step	€ 15,465,739 Retained profit 2024: € 15,465,739 ▲ 2% vs 2023 (€ 15,181,363) Favourable step	€ 14,322,763 Retained profit 2025: € 14,322,763 ▼ 7% vs 2024 (€ 15,465,739) Unfavourable step	▼ 7%
Dividend	€ 810,000 Dividend 2022: € 810,000 First fiscal year in the series	€ 6,075,000 Dividend 2023: € 6,075,000 ▲ € 5.3 million vs 2022 (€ 810,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 6,075,000) Unchanged	€ 1,458,000 Dividend 2025: € 1,458,000 Unchanged (€ 0) Unchanged
Bank debt	€ 8,711,923 Bank debt 2022: € 8,711,923 First fiscal year in the series	€ 7,726,632 Bank debt 2023: € 7,726,632 ▼ 11% vs 2022 (€ 8,711,923) Favourable step	€ 4,814,026 Bank debt 2024: € 4,814,026 ▼ 38% vs 2023 (€ 7,726,632) Favourable step	€ 4,584,919 Bank debt 2025: € 4,584,919 ▼ 5% vs 2024 (€ 4,814,026) Favourable step	▼ 5%
Balance sheet total	€ 30,108,577 Balance sheet total 2022: € 30,108,577 First fiscal year in the series	€ 31,423,964 Balance sheet total 2023: € 31,423,964 ▲ 4% vs 2022 (€ 30,108,577) Unchanged	€ 23,931,031 Balance sheet total 2024: € 23,931,031 ▼ 24% vs 2023 (€ 31,423,964) Unchanged	€ 20,900,463 Balance sheet total 2025: € 20,900,463 ▼ 13% vs 2024 (€ 23,931,031) Unchanged	▼ 13%
Employees (FTE)	1.9 Employees (FTE) 2022: 1.9 First fiscal year in the series	1.8 Employees (FTE) 2023: 1.8 ▼ 0.1 vs 2022 (1.9) Unchanged	1.8 Employees (FTE) 2024: 1.8 Unchanged (1.8) Unchanged	1.8 Employees (FTE) 2025: 1.8 Unchanged (1.8) Unchanged

Key figures of CARLTON, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to CARLTON?

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

Dec 17, 2025 New annual accounts for financial year 2025: profit of € 315,024 (▲ 11% vs 2024). Source: NBB ↗
Jun 25, 1991 New establishment in Gent. KBO
Nov 21, 1990 Start of the company according to the CBE. KBO

In short

From € 2.6 million profit in 2022 to € 315,024 profit in 2025.

Paid € 873,792 in corporate taxes since 2022.

Best year ever: 2023, with € 6.5 million profit.

On average € 1.3 million of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

CARINVEST 75.3%

Green Park Investments 24.7%

The stake of CARINVEST, Green Park Investments comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CARLTON

Service & Development Group Belgium NV 10.2%

Behind CARLTON are Frank De Graeve, Dirk De Graeve and Sabine Morel. The shares are held by CARINVEST (75.3%) and Green Park Investments (24.7%). It owns 10.2% of Service & Development Group Belgium NV itself.

Directors

According to the 2025 annual accounts

Frank De Graeve

Managing director

Also active at: DG Management & Consulting, SERVICE & DEVELOPMENT GROUP BELGIUM, Hauset Immo, WIREWOOD BENELUX FRANCE, VOS AANNEMINGEN, TELUS PROPERTIES, MARACANA, BRUOCSELLA +9 more

Dirk De Graeve

Director

Also active at: MINERVA MANAGEMENT, SERVICE & DEVELOPMENT GROUP BELGIUM, Hauset Immo, TELUS PROPERTIES, BRUOCSELLA, TEN BROELE, Groene Wandeling, Driekoningen +6 more

Sabine Morel

Director

Also active at: SERVICE & DEVELOPMENT GROUP BELGIUM, Hauset Immo, WIREWOOD BENELUX FRANCE, DIVANI

Shareholders

CARINVEST

75.3%

Green Park Investments

24.7%

Participations

Service & Development Group Belgium NV

10.2%

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksesteenweg 1052 box D

9051 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.

All companies at this address →

SERVICE & DEVELOPMENT GROUP BELGIUM same network

€ 12.8 million revenue · 2025

Carimmo

€ 1.2 million gross margin · 2026

WIREWOOD BENELUX FRANCE same network

€ -21,745 gross margin · 2025

TELUS PROPERTIES same network

€ -19,831 gross margin · 2025

BRUOCSELLA same network

€ 277,516 revenue · 2025

+12 more

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

Details

Company number

0442.540.724

VAT number

BE 0442.540.724

Registered office

Kortrijksesteenweg 1052 bus D, 9051 Gent

Names & denominations

CARLTON

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

21 November 1990

Peppol

Active · Active since 1 Sept 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗

CARLTON

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Financials

What happened to CARLTON?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions