Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.6 to 3.8.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
CARRO WAVRE from Wavre, company number BE0452785805, closed financial year 2025 with a result of € 515,707 after tax. For that financial year CARRO WAVRE recorded a gross margin of € 1 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 218,551 to € 515,707. 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 July 2, 2026.
€ 1.6 million
▲ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 515,707
▲ 136% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 169% 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 € 1.3 million.
People and assets in 2025
3.8
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 264,031
▼ 8% vs 2024
€ 69,500 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.
Debts at end 2025
€ 1.9 million
▲ 158% vs 2024
€ 160,067 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 253,475
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 176,839
▲ 89% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 840,149 | € 656,143 | € 693,912 | € 1,037,457 | ▲ 50% |
| Profit after taxes | € 394,228 | € 209,257 | € 218,551 | € 515,707 | ▲ 136% |
| Equity | € 703,294 | € 903,540 | € 1,113,080 | € 1,619,776 | ▲ 46% |
| Total debts | € 1,605,660 | € 1,149,636 | € 1,086,343 | € 2,404,965 | ▲ 121% |
| Cash | € 481,483 | € 283,689 | € 398,455 | € 1,073,505 | ▲ 169% |
| Land & buildings | € 1,361,174 | € 1,293,653 | € 1,227,505 | € 1,163,323 | ▼ 5% |
| Retained profit | € 394,228 | € 603,484 | € 822,035 | € 1,337,741 | ▲ 63% |
| Dividend | € 164,232 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,222,442 | € 860,203 | € 745,000 | € 1,920,800 | ▲ 158% |
| Balance sheet total | € 2,308,954 | € 2,053,176 | € 2,199,423 | € 4,024,741 | ▲ 83% |
| Employees (FTE) | 5.3 | 4.6 | 4.2 | 3.8 | ▼ 0.4 |
Key figures of CARRO WAVRE, 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 CARRO WAVRE?
What happened at CARRO WAVRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 515,707 (▲ 136% vs 2024). Source: NBB ↗
- COVALGO BV became a director. NBB
- Kaname Consulting Comm.V became a director. NBB
- UNITED TILES BELGIUM BV became a director. NBB
- AUDITE BV BV stepped down as director. NBB
- PAKERA NV stepped down as director. NBB
- Argile & Keramiek NV stepped down as director. NBB
- AUDITE BV BV became a director. NBB
In short
From € 394,228 profit in 2022 to € 515,707 profit in 2025.
Paid € 285,879 in corporate taxes since 2022.
Best year ever: 2025, with € 515,707 profit.
On average € 273,000 of value added per employee in 2025.
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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
The stake of PAKERA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CARRO WAVREBehind CARRO WAVRE are COVALGO BV, Kaname Consulting Comm.V and UNITED TILES BELGIUM BV. The shares are held by PAKERA (100%). It owns 100% of TRANSPORT-RENTING COMPANY itself.
Directors
According to the 2025 annual accounts
Director · represented by Jacques Donners
Also active at: R.G. Rosseau G. Tegelfabriek, CARRO INVEST WAREHOUSING, Tegelfabriek van Massenhoven, Daldecor, KERAMOS, ARGILE & KERAMIEK, KERAVISIE, TRANSPORT-RENTING COMPANY +4 more
since 2025
Director · represented by Nick D'Joos
Also active at: R.G. Rosseau G. Tegelfabriek, Tegelfabriek van Massenhoven, Daldecor, KERAMOS, KERAVISIE, TRANSPORT-RENTING COMPANY, PAKERA, RAVENNA +2 more
since 2025
Director · represented by Jef Huet
Also active at: R.G. Rosseau G. Tegelfabriek, SEDCO, Tegelfabriek van Massenhoven, Daldecor, SCHELFHOUT, KERAMOS, KERALINE, KERAVISIE +6 more
since 2025
Director · represented by Karin Van Mello
Also active at: CARRO INVEST WAREHOUSING, KERAMOS, TRANSPORT-RENTING COMPANY, PAKERA
since 2022 · until 2025
Director · represented by Cedric Thimmesch
Also active at: R.G. Rosseau G. Tegelfabriek, CARRO INVEST WAREHOUSING, Tegelfabriek van Massenhoven, KERAMOS, ARGILE & KERAMIEK, KERAVISIE, TRANSPORT-RENTING COMPANY, PAKERA +3 more
since 2025 · until 2025
Director · represented by Jef Huet
Also active at: CARRO INVEST WAREHOUSING, KERAMOS, ARGILE & KERAMIEK, KERAVISIE, TRANSPORT-RENTING COMPANY
since 2025 · until 2025
Director · represented by Carl Paermentier
Also active at: CARRO INVEST WAREHOUSING, KERAMOS, KERAVISIE, TRANSPORT-RENTING COMPANY, PAKERA
since 2022 · until 2025
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Boulevard de l'Europe 141
1300 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.785.805
- VAT number
- BE 0452.785.805
- Registered office
- Boulevard de l'Europe 141, 1300 Wavre
- Names & denominations
- CARRO WAVRE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1994
- Peppol
- Active · Active since 29 Oct 2025
- Activities · NACE
Detailhandel in wand- en vloertegels
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in bouwmaterialen, algemeen assortiment