Financials
Financial year 2025
Karman from Oudenaarde, company number BE0632868976, closed financial year 2025 with a result of € 263,488 after tax. For that financial year Karman recorded a gross margin of € 451,570 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 490,843 to € 263,488. 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 July 4, 2026.
€ 1.8 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 263,488
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 317,782
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 179,079 paid out
68 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 179,445
▲ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 162,772
▼ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 1,593
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,158
▼ 94% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 620,344 | € 491,154 | € 829,386 | € 451,570 | ▼ 46% |
| Profit after taxes | € 307,280 | € 252,423 | € 490,843 | € 263,488 | ▼ 46% |
| Equity | € 1,215,112 | € 1,467,535 | € 1,763,124 | € 1,847,533 | ▲ 5% |
| Total debts | € 948,247 | € 528,310 | € 440,100 | € 217,936 | ▼ 50% |
| Cash | € 65,965 | € 170,530 | € 485,622 | € 317,782 | ▼ 35% |
| Land & buildings | € 1,363,908 | € 1,329,285 | € 1,281,918 | € 1,234,551 | ▼ 4% |
| Retained profit | € 1,196,512 | € 1,448,935 | € 1,744,524 | € 1,828,933 | ▲ 5% |
| Dividend | € 0 | € 0 | € 195,254 | € 179,079 | ▼ 8% |
| Bank debt | € 643,349 | € 484,436 | € 324,247 | € 162,772 | ▼ 50% |
| Balance sheet total | € 2,163,358 | € 1,995,845 | € 2,203,224 | € 2,065,469 | ▼ 6% |
Key figures of Karman, 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 Karman?
What happened at Karman in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 263,488 (▼ 46% vs 2024). Source: NBB ↗
- Tine Van Den Haute became a director. NBB
- New establishment in Oudenaarde. KBO
- Karel Vandermeersch became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 307,280 profit in 2022 to € 263,488 profit in 2025.
Paid € 567,314 in corporate taxes since 2022.
Best year ever: 2024, with € 490,843 profit.
Paid out € 374,333 in dividends to the owners in total.
Management
Behind Karman are Tine Van Den Haute and Karel Vandermeersch. The same people are also behind Refuge Kapelleberg. Karel Vandermeersch is also behind Euro-Silo, OPHIR, Brouwcompagnie Rolling Hills, Carbon Green Logistics and GROEP VANDEN AVENNE COMMODITIES.
Directors
According to the 2025 annual accounts
since 2020
Karel Vandermeersch
Director
Also active at: Euro-Silo, OPHIR, Brouwcompagnie Rolling Hills, Refuge Kapelleberg, Carbon Green Logistics, GROEP VANDEN AVENNE COMMODITIES, Immo VVC
since 2015
Establishments
Establishment units
Physical locations of this company
Dijkstraat 31
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0632.868.976
- VAT number
- BE 0632.868.976
- Registered office
- Dijkstraat 31, 9700 Oudenaarde
- Names & denominations
- Karman
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2015
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
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