Financials
Financial year 2025
KARO from Londerzeel, company number BE0831928220, closed financial year 2025 with a result of € 26,397 after tax. For that financial year KARO recorded a gross margin of € 316,918 and equity of € 271,052. Compared with financial year 2024, the result moved from € 113,753 to € 26,397. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 271,052
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,397
▼ 77% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 196,052.
People and assets in 2025
€ 35,035
▼ 12% vs 2024
Of which on lease € 25,529.
Debts at end 2025
€ 657,193
▼ 10% vs 2024
€ 78,733 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 153,582
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,809
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 142,891 | € 190,656 | € 275,453 | € 316,918 | ▲ 15% |
| Profit after taxes | € 18,862 | € 13,379 | € 113,753 | € 26,397 | ▼ 77% |
| Equity | € 117,522 | € 130,901 | € 244,654 | € 271,052 | ▲ 11% |
| Total debts | € 680,791 | € 930,484 | € 950,879 | € 886,329 | ▼ 7% |
| Cash | € 33,255 | - | - | - | |
| Land & buildings | € 407,726 | € 688,694 | € 666,350 | € 644,007 | ▼ 3% |
| Retained profit | € 42,522 | € 55,901 | € 169,654 | € 196,052 | ▲ 16% |
| Bank debt | € 591,022 | € 759,556 | € 733,783 | € 657,193 | ▼ 10% |
| Balance sheet total | € 798,313 | € 1,061,385 | € 1,195,533 | € 1,157,381 | ▼ 3% |
Key figures of KARO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to KARO?
What happened at KARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,397 (▼ 77% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 18,862 profit in 2022 to € 26,397 profit in 2025.
Paid € 99,270 in corporate taxes since 2022.
Best year ever: 2024, with € 113,753 profit.
Establishments
Establishment units
Physical locations of this company
Meerstraat 314
1840 Londerzeel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0831.928.220
- VAT number
- BE 0831.928.220
- Registered office
- Meerstraat 314, 1840 Londerzeel
- Names & denominations
- KARO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2010
- Peppol
- Active · Active since 20 Sept 2025
- Activities · NACE
Schrijnwerk
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed