Financials
Financial year 2026
Management Karel Verhaeghe from Lokeren, company number BE0685643708, closed financial year 2026 with a result of € 117,714 after tax. For that financial year Management Karel Verhaeghe recorded a gross margin of € 174,077 and equity of € 138,613. Compared with financial year 2025, the result moved from € 47,830 to € 117,714. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 138,613
▼ 45% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,714
▲ 146% vs 2025
Profit after tax over the fiscal year.
€ 21,567
▼ 41% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 232,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 113,962
▼ 23% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 796
▼ 65% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 20,910
▲ 143% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 51,331 | € 124,257 | € 93,501 | € 174,077 | ▲ 86% |
| Profit after taxes | € 36,661 | € 90,433 | € 47,830 | € 117,714 | ▲ 146% |
| Equity | € 115,135 | € 205,569 | € 253,399 | € 138,613 | ▼ 45% |
| Total debts | € 66,024 | € 32,149 | € 14,179 | € 25,754 | ▲ 82% |
| Cash | € 14,505 | € 109,455 | € 36,256 | € 21,567 | ▼ 41% |
| Retained profit | € 96,535 | € 186,969 | € 234,799 | € 120,013 | ▼ 49% |
| Dividend | € 0 | € 0 | € 0 | € 232,500 | |
| Bank debt | € 1,400 | € 1,400 | € 0 | € 0 | |
| Balance sheet total | € 181,160 | € 237,718 | € 267,577 | € 164,367 | ▼ 39% |
Key figures of Management Karel Verhaeghe, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Management Karel Verhaeghe?
What happened at Management Karel Verhaeghe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 117,714 (▲ 146% vs 2025). Source: NBB ↗
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,661 profit in 2023 to € 117,714 profit in 2026.
Paid € 88,005 in corporate taxes since 2023.
Best year ever: 2026, with € 117,714 profit.
Paid out € 232,500 in dividends to the owners in total.
Management
Behind Management Karel Verhaeghe is Karel Verhaeghe. Karel Verhaeghe is also behind BUREAU D'ETUDES CERFONTAINE, VK ENGINEERING, FEYS, ADVISON and RACO.
Directors
According to the 2026 annual accounts
Karel Verhaeghe
Director
Also active at: BUREAU D'ETUDES CERFONTAINE, VK ENGINEERING, FEYS, ADVISON, RACO, Vörtgang, Studiebureau Kubiek, REALED +8 more
Establishments
Establishment units
Physical locations of this company
Beukendreef 16
9180 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.643.708
- VAT number
- BE 0685.643.708
- Registered office
- Beukendreef 16, 9180 Lokeren
- Names & denominations
- Management Karel Verhaeghe · MAKAVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2017
- Peppol
- Active · Active since 15 Nov 2025
- Activities · NACE
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