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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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 68.2 to 60.8.
Financials
Financial year 2025
CAROLUS TREES from Nieuwerkerken (Limb.), company number BE0445425582, closed financial year 2025 with a result of € 899,041 after tax. For that financial year CAROLUS TREES recorded revenue of € 10.7 million and equity of € 4.5 million. Compared with financial year 2024, the result moved from € 731,124 to € 899,041. 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 26, 2026.
€ 4.5 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 899,041
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 600,000 paid out
67 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
60.8
▼ 4.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.6 million
▲ 1% vs 2024
€ 59,000 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.
€ 336,337
▼ 29% vs 2024
Of which on lease € 214,666.
Debts at end 2025
€ 859,152
▼ 25% vs 2024
€ 248,276 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.9 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 108 days on average.
€ 419,861
▲ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,486,590 | € 9,177,786 | € 10,370,014 | € 10,729,031 | ▲ 3% |
| Profit after taxes | € 1,864,762 | € 524,676 | € 731,124 | € 899,041 | ▲ 23% |
| Equity | € 4,361,014 | € 4,185,691 | € 4,216,815 | € 4,515,856 | ▲ 7% |
| Total debts | € 4,635,392 | € 4,889,902 | € 4,978,348 | € 4,813,917 | ▼ 3% |
| Cash | € 1,704,227 | € 1,218,002 | € 1,200,562 | € 1,325,706 | ▲ 10% |
| Land & buildings | € 264,554 | € 682,003 | € 558,946 | € 438,820 | ▼ 21% |
| Retained profit | € 4,220,390 | € 4,082,584 | € 4,151,226 | € 4,487,786 | ▲ 8% |
| Dividend | € 710,000 | € 700,000 | € 700,000 | € 600,000 | ▼ 14% |
| Bank debt | € 889,024 | € 1,436,069 | € 1,145,027 | € 859,152 | ▼ 25% |
| Balance sheet total | € 9,015,006 | € 9,103,728 | € 9,215,023 | € 9,344,866 | ▲ 1% |
| Employees (FTE) | 71.7 | 68.2 | 65.4 | 60.8 | ▼ 4.6 |
Key figures of CAROLUS TREES, 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 CAROLUS TREES?
What happened at CAROLUS TREES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 899,041 (▲ 23% vs 2024). Source: NBB ↗
- FELICO BV became a director. NBB
- GROUP MC NV became a director. NBB
- Caroline Maesen became a director. NBB
- New establishment in Nieuwerkerken (Limb.). KBO
- Start of the company according to the CBE. KBO
In short
From € 1.9 million profit in 2022 to € 899,041 profit in 2025.
Paid € 776,562 in corporate taxes since 2022.
Best year ever: 2022, with € 1.9 million profit.
Paid out € 2.7 million in dividends to the owners in total.
Management
Behind CAROLUS TREES are FELICO BV, GROUP MC NV and Caroline Maesen. It owns 11% of Cooperatief Enthoutpark itself.
Directors
According to the 2025 annual accounts
since 2023
Director · represented by Willem Broux
Also active at: MB Developments, STUVEX INTERNATIONAL, IExT, ISMA, Carsort, LAND, Torino Holding, ABCz Group +4 more
since 2023
Caroline Maesen
Director
Also active at: MB Developments, GROUP MC, Carsort, LAND, MB PROJECTS, SHOPCO IMMO
since 2023
Establishments
Establishment units
Physical locations of this company
Heuvelstraat 50
3850 Nieuwerkerken (Limb.)
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.
Details
- Company number
- 0445.425.582
- VAT number
- BE 0445.425.582
- Registered office
- Heuvelstraat 50, 3850 Nieuwerkerken (Limb.)
- Names & denominations
- CAROLUS TREES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 1991
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
Boomkwekerijen, muv bosboomkwekerijen
Boomkwekerijen
Teelt van pit- en steenvruchten
Groothandel in groenten en fruit, muv consumptieaardappelen
Groothandel in groenten en fruit
Fruitteelt