Financials
Financial year 2025
Cartagena de Indias from Merelbeke-Melle, company number BE0822862183, closed financial year 2025 with a result of € 880,476 after tax. For that financial year Cartagena de Indias recorded revenue of € 990,733 and equity of € 11.1 million. Compared with financial year 2024, the result moved from € 3.9 million to € 880,476. The company is profitable. 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 13, 2026.
€ 11.1 million
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 880,476
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 502,669
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 165,000 paid out
19 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 435,814
▼ 86% vs 2024
€ 205,636 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 168,036
▲ € 165,589 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 149 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,493,724 | € 1,888,933 | € 1,841,295 | € 990,733 | ▼ 46% |
| Profit after taxes | € 734,483 | € 1,396,329 | € 3,888,532 | € 880,476 | ▼ 77% |
| Equity | € 12,825,050 | € 14,221,379 | € 18,109,911 | € 11,092,113 | ▼ 39% |
| Total debts | € 9,993,902 | € 7,197,015 | € 4,290,444 | € 1,839,650 | ▼ 57% |
| Cash | € 341,015 | € 384,045 | € 489,962 | € 502,669 | ▲ 3% |
| Land & buildings | € 5,546,040 | € 5,304,552 | € 5,063,064 | € 0 | ▼ 100% |
| Retained profit | € 4,716,896 | € 6,113,225 | € 10,001,757 | € 6,269,700 | ▼ 37% |
| Dividend | € 0 | € 0 | € 0 | € 165,000 | |
| Bank debt | € 6,150,000 | € 3,878,218 | € 3,135,095 | € 435,814 | ▼ 86% |
| Balance sheet total | € 22,818,952 | € 21,418,394 | € 22,400,355 | € 12,931,763 | ▼ 42% |
Key figures of Cartagena de Indias, 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 Cartagena de Indias?
What happened at Cartagena de Indias in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 880,476 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
- New establishment in Merelbeke-Melle. KBO
In short
From € 734,483 profit in 2022 to € 880,476 profit in 2025.
Paid € 606,348 in corporate taxes since 2022.
Best year ever: 2024, with € 3.9 million profit.
Paid out € 165,000 in dividends to the owners in total.
Management
Behind Cartagena de Indias is Galapagos Islands BV. It owns 100% of Veranco, 100% of Verancobel and 100% of Werbrouck Alu-PVC itself.
Directors
According to the 2025 annual accounts
Director · represented by Nicolas Libbrecht
Establishments
Establishment units
Physical locations of this company
Driesstraat 22
9090 Merelbeke-Melle
Europark-Zuid 16
9100 Sint-Niklaas
Active since 1 February 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0822.862.183
- VAT number
- BE 0822.862.183
- Registered office
- Driesstraat 22, 9090 Merelbeke-Melle
- Names & denominations
- Cartagena de Indias
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2010
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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