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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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Cartel from Antwerpen, company number BE0721395532, closed financial year 2025 with a result of € 701,157 after tax. For that financial year Cartel recorded a gross margin of € 1.1 million and equity of € 998,156. Compared with financial year 2024, the result moved from € 148,061 to € 701,157. 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 October 31, 2025.
€ 998,156
▲ 236% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 701,157
▲ € 553,096 vs 2024
Profit after tax over the fiscal year.
€ 141,384
▼ 55% 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 € 979,556.
People and assets in 2025
0.9
Average over the fiscal year, from the social balance sheet.
€ 29,426
▼ 26% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,345
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 89,500
▲ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 367,652
▲ € 278,143 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 111,717 | € 149,328 | € 244,032 | € 1,124,139 | ▲ € 880,107 |
| Profit after taxes | € 65,369 | € 71,847 | € 148,061 | € 701,157 | ▲ € 553,096 |
| Equity | € 77,091 | € 148,938 | € 296,999 | € 998,156 | ▲ 236% |
| Total debts | € 854,009 | € 1,120,713 | € 962,270 | € 656,350 | ▼ 32% |
| Cash | € 136,811 | € 113,746 | € 314,382 | € 141,384 | ▼ 55% |
| Retained profit | € 58,491 | € 130,338 | € 278,399 | € 979,556 | ▲ 252% |
| Balance sheet total | € 931,100 | € 1,269,650 | € 1,259,269 | € 1,654,506 | ▲ 31% |
| Employees (FTE) | - | - | - | 0.9 |
Key figures of Cartel, 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 October 2026.
What happened to Cartel?
What happened at Cartel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 701,157 (▲ € 553,096 vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,369 profit in 2022 to € 701,157 profit in 2025.
Paid € 466,029 in corporate taxes since 2022.
Best year ever: 2025, with € 701,157 profit.
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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
Behind Cartel is Dimitrios Thivaios. Dimitrios Thivaios is also behind House of House, ATLANTIC, T-Digital Arts, Smash Artist Services and Smash Records.
Directors
According to the 2025 annual accounts
Dimitrios Thivaios
Director
Also active at: House of House, ATLANTIC, T-Digital Arts, Smash Artist Services, Smash Records, T-MEDIA, THIVAIOS
Establishments
Establishment units
Physical locations of this company
Vlaamsekaai 35 box 3
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →House of House same network
€ 134,860 gross margin · 2025
DOMANI
€ 110,094 gross margin · 2025
ATLANTIC same network
€ 2,392 gross margin · 2025
T-Digital Arts same network
€ -24,023 gross margin · 2025
Smash Artist Services same network
€ -460,141 gross margin · 2024
+9 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
- 0721.395.532
- VAT number
- BE 0721.395.532
- Registered office
- Vlaamsekaai 35 bus 3, 2000 Antwerpen
- Names & denominations
- Cartel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2019
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Productie van bioscoopfilms
Beoefening van uitvoerende kunsten door artistieke ensembles