Financials
Financial year 2025
KARELCO from Genk, company number BE0451554202, closed financial year 2025 with a result of € 20,190 after tax. For that financial year KARELCO recorded a gross margin of € 44,482 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 20,827 to € 20,190. The company is profitable. 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 16, 2026.
€ 1.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,190
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 383,721
▲ 296% 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 € 321,283.
People and assets in 2025
€ 1,222
▼ 91% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,177
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 388
▲ € 304 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,033 | € 11,198 | € 9,972 | € 44,482 | ▲ € 34,510 |
| Profit after taxes | € -29,463 | € -25,725 | € 20,827 | € 20,190 | ▼ 3% |
| Equity | € 1,771,741 | € 1,746,016 | € 1,766,843 | € 1,787,033 | ▲ 1% |
| Total debts | € 3,416 | € 3,573 | € 2,064 | € 3,565 | ▲ 73% |
| Cash | € 1,288,142 | € 178,637 | € 96,875 | € 383,721 | ▲ 296% |
| Land & buildings | € 435,776 | € 474,301 | € 465,804 | € 406,378 | ▼ 13% |
| Retained profit | € 305,991 | € 280,266 | € 301,093 | € 321,283 | ▲ 7% |
| Balance sheet total | € 1,775,157 | € 1,749,590 | € 1,768,907 | € 1,790,598 | ▲ 1% |
Key figures of KARELCO, 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 KARELCO?
What happened at KARELCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,190 (▼ 3% vs 2024). Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,463 loss in 2022 to € 20,190 profit in 2025.
Paid € 11,342 in corporate taxes since 2022.
Best year ever: 2024, with € 20,827 profit.
A new publication or filing at KARELCO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Karel Olaerts
Director
Establishments
Establishment units
Physical locations of this company
Armand Maclotlaan 17 a
3600 Genk
Armand Maclotlaan 17 A
3600 Genk
Active since 11 January 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.554.202
- VAT number
- BE 0451.554.202
- Registered office
- Armand Maclotlaan 17 a, 3600 Genk
- Names & denominations
- KARELCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 1993
- Peppol
- Active · Active since 2 Apr 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen