What does KAREL V do?

KAREL V is a property company in Oosterzele. Private Limited, started on 27 May 2020, 3 establishments.

What is the address of KAREL V?

The registered office of KAREL V is located at Hoek ter Hulst 33, 9860 Oosterzele.

Is KAREL V still active?

Yes. According to the CBE (29 October 2026) KAREL V is active, legal situation “Normale toestand”, started on 27 May 2020.

Is KAREL V registered on Peppol?

Yes, KAREL V is registered on the Peppol network with ID 0208:0747660855.

What is the enterprise number of KAREL V?

The enterprise number of KAREL V is BE0747660855.

When was KAREL V founded?

KAREL V was founded on 27 May 2020.

Who are the directors of KAREL V?

According to the 2025 annual accounts, the directors of KAREL V are: Karel Versyp, Justine Duytschaever.

Is KAREL V a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 May 2020; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 3 establishments in the CBE.

How much profit did KAREL V make in 2025?

KAREL V posted a profit after taxes of € 40,616 in financial year 2025.

What is the revenue of KAREL V?

As a small company, KAREL V is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 82,623.

KAREL V (Private Limited) - Oosterzele - BE0747660855

Dossier KAREL V, printed on 29 October 2026 from databakkes.be/en/0747660855/karel-v. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

KAREL V from Oosterzele, company number BE0747660855, closed financial year 2025 with a result of € 40,616 after tax. For that financial year KAREL V recorded a gross margin of € 82,623 and equity of € 96,459. Compared with financial year 2024, the result moved from € 22,744 to € 40,616. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.

What it is worth Growing

€ 96,459

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 40,616

▲ 79% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 68,233

▲ 139% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 40,000 paid out

98 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 17,422

▲ 74% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 27 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 295,680

▲ € 252,830 vs 2024

€ 10,871 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.

Owed to suppliers

€ 2,428

▼ 92% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 18,747

▼ 12% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 14,950 Gross margin 2022: € 14,950 First fiscal year in the series	€ 66,933 Gross margin 2023: € 66,933 ▲ € 51,983 vs 2022 (€ 14,950) Favourable step	€ 47,869 Gross margin 2024: € 47,869 ▼ 28% vs 2023 (€ 66,933) Unfavourable step	€ 82,623 Gross margin 2025: € 82,623 ▲ 73% vs 2024 (€ 47,869) Favourable step	▲ 73%
Profit after taxes	€ 7,265 Profit after taxes 2022: € 7,265 First fiscal year in the series	€ 42,224 Profit after taxes 2023: € 42,224 ▲ € 34,959 vs 2022 (€ 7,265) Favourable step	€ 22,744 Profit after taxes 2024: € 22,744 ▼ 46% vs 2023 (€ 42,224) Unfavourable step	€ 40,616 Profit after taxes 2025: € 40,616 ▲ 79% vs 2024 (€ 22,744) Favourable step	▲ 79%
Equity	€ 30,875 Equity 2022: € 30,875 First fiscal year in the series	€ 73,098 Equity 2023: € 73,098 ▲ 137% vs 2022 (€ 30,875) Favourable step	€ 95,843 Equity 2024: € 95,843 ▲ 31% vs 2023 (€ 73,098) Favourable step	€ 96,459 Equity 2025: € 96,459 ▲ 1% vs 2024 (€ 95,843) Favourable step	▲ 1%
Total debts	€ 21,454 Total debts 2022: € 21,454 First fiscal year in the series	€ 105,690 Total debts 2023: € 105,690 ▲ € 84,236 vs 2022 (€ 21,454) Unfavourable step	€ 142,258 Total debts 2024: € 142,258 ▲ 35% vs 2023 (€ 105,690) Unfavourable step	€ 358,001 Total debts 2025: € 358,001 ▲ 152% vs 2024 (€ 142,258) Unfavourable step	▲ 152%
Cash	€ 4,021 Cash 2022: € 4,021 First fiscal year in the series	€ 31,047 Cash 2023: € 31,047 ▲ € 27,026 vs 2022 (€ 4,021) Favourable step	€ 28,566 Cash 2024: € 28,566 ▼ 8% vs 2023 (€ 31,047) Unfavourable step	€ 68,233 Cash 2025: € 68,233 ▲ 139% vs 2024 (€ 28,566) Favourable step	▲ 139%
Retained profit	€ 25,875 Retained profit 2022: € 25,875 First fiscal year in the series	€ 68,098 Retained profit 2023: € 68,098 ▲ 163% vs 2022 (€ 25,875) Favourable step	€ 90,843 Retained profit 2024: € 90,843 ▲ 33% vs 2023 (€ 68,098) Favourable step	€ 91,459 Retained profit 2025: € 91,459 ▲ 1% vs 2024 (€ 90,843) Favourable step	▲ 1%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 40,000 Dividend 2025: € 40,000 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 42,850 Bank debt 2024: € 42,850 Unchanged (€ 0) Unfavourable step	€ 295,680 Bank debt 2025: € 295,680 ▲ € 252,830 vs 2024 (€ 42,850) Unfavourable step	▲ € 252,830
Balance sheet total	€ 52,329 Balance sheet total 2022: € 52,329 First fiscal year in the series	€ 178,789 Balance sheet total 2023: € 178,789 ▲ 242% vs 2022 (€ 52,329) Unchanged	€ 238,101 Balance sheet total 2024: € 238,101 ▲ 33% vs 2023 (€ 178,789) Unchanged	€ 454,459 Balance sheet total 2025: € 454,459 ▲ 91% vs 2024 (€ 238,101) Unchanged	▲ 91%

Key figures of KAREL V, 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 KAREL V?

What happened at KAREL V in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 16, 2026 New annual accounts for financial year 2025: profit of € 40,616 (▲ 79% vs 2024). Source: NBB ↗
Jul 1, 2025 New establishment in Gent. KBO
Jul 1, 2025 New establishment in Gent. KBO
2023 Justine Duytschaever became a director. NBB
May 27, 2020 New establishment in Merelbeke-Melle. KBO
May 27, 2020 Start of the company according to the CBE. KBO
2020 Karel Versyp became a director. NBB

In short

From € 7,265 profit in 2022 to € 40,616 profit in 2025.

Paid € 45,015 in corporate taxes since 2022.

Best year ever: 2023, with € 42,224 profit.

Paid out € 40,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Karel Versyp

Justine Duytschaever

KAREL V

Cosy 2.3%

Behind KAREL V are Karel Versyp and Justine Duytschaever. It owns 2.3% of Cosy itself.

Directors

According to the 2025 annual accounts

Karel Versyp

Director

Also active at: H16, Coloc.io Management, COSY, VESTA

since 2020

Justine Duytschaever

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Hoek ter Hulst 33

9860 Oosterzele

2.304.160.467

Zonneveld 32

9820 Merelbeke-Melle

Active since 27 May 2020

2.390.523.032

Muinkkaai 32 box 101

9000 Gent

Active since 1 July 2025

2.390.523.131

Muinkkaai 32 box 1

9000 Gent

Active since 1 July 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0747.660.855

VAT number

BE 0747.660.855

Registered office

Hoek ter Hulst 33, 9860 Oosterzele

Names & denominations

KAREL V

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 May 2020

Peppol

Active · Active since 27 Nov 2023

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Ontwikkeling van residentiële bouwprojecten

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Ontwikkeling van niet-residentiële bouwprojecten

Algemene bouw van residentiële gebouwen

Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen

Activiteiten van notarissen

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

KAREL V

Financials

What happened to KAREL V?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions