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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Carinco from Brasschaat, company number BE0447672222, closed financial year 2025 with a result of € 181,866 after tax. For that financial year Carinco recorded a gross margin of € 399,234 and equity of € 969,954. Compared with financial year 2024, the result moved from € 92,447 to € 181,866. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ 969,954
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 181,866
▲ 97% vs 2024
Profit after tax over the fiscal year.
€ 22,537
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 262,578.
Debts at end 2025
€ 1.5 million
▼ 8% vs 2024
€ 127,998 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 3,024
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,276
▲ 52% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 294,287 | € 372,376 | € 322,335 | € 399,234 | ▲ 24% |
| Profit after taxes | € 67,108 | € 136,143 | € 92,447 | € 181,866 | ▲ 97% |
| Equity | € 559,498 | € 695,641 | € 788,088 | € 969,954 | ▲ 23% |
| Total debts | € 3,143,884 | € 2,896,399 | € 2,647,745 | € 2,322,881 | ▼ 12% |
| Cash | € 22,072 | € 31,715 | € 23,896 | € 22,537 | ▼ 6% |
| Land & buildings | € 3,565,207 | € 3,427,816 | € 3,290,425 | € 3,153,035 | ▼ 4% |
| Retained profit | € -147,878 | € -11,735 | € 80,712 | € 262,578 | ▲ 225% |
| Bank debt | € 1,849,086 | € 1,726,414 | € 1,601,993 | € 1,475,796 | ▼ 8% |
| Balance sheet total | € 3,703,382 | € 3,592,040 | € 3,435,833 | € 3,292,835 | ▼ 4% |
Key figures of Carinco, 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 Carinco?
What happened at Carinco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 181,866 (▲ 97% vs 2024). Source: NBB ↗
- Karel Cardoen became a director. NBB
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,108 profit in 2022 to € 181,866 profit in 2025.
Paid € 23,912 in corporate taxes since 2022.
Best year ever: 2025, with € 181,866 profit.
Management
Behind Carinco is Karel Cardoen. Karel Cardoen is also behind EUROVAST, vzw Sint-Ritacollege, Bildaco, WEIVELD and Artim New.
Directors
According to the 2025 annual accounts
Karel Cardoen
Director
Also active at: EUROVAST, vzw Sint-Ritacollege, Bildaco, WEIVELD, Artim New, Namurimmo, PlugInvest, jive
since 2025
Establishments
Establishment units
Physical locations of this company
Ter Borcht 3
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →EUROVAST same network
€ 491,112 gross margin · 2025
Bildaco same network
€ 560,710 gross margin · 2025
WEIVELD same network
€ 455,427 gross margin · 2025
Artim New same network
€ 2.8 million gross margin · 2025
Waterfront Schelle
€ 364,763 gross margin · 2025
+3 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
- 0447.672.222
- VAT number
- BE 0447.672.222
- Registered office
- Ter Borcht 3, 2930 Brasschaat
- Names & denominations
- Carinco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 1992
- Peppol
- Active · Active since 17 Nov 2025
- Contact
- [email protected]