Financials
Financial year 2025
Karus from Merelbeke-Melle, company number BE0861314369, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year Karus recorded revenue of € 70.1 million and equity of € 92.8 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1.8 million. 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 June 23, 2026.
€ 92.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 4.3 million
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
639.3
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 52.4 million
▲ 3% vs 2024
€ 82,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3 million
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.5 million
▼ 13% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 12.4 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 186 days on average.
€ 6.8 million
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 54,680,735 | € 59,009,650 | € 66,786,071 | € 70,079,391 | ▲ 5% |
| Profit after taxes | € -1,800,716 | € 3,144,490 | € 1,399,527 | € 1,756,084 | ▲ 25% |
| Equity | € 87,656,341 | € 90,265,112 | € 91,665,733 | € 92,800,700 | ▲ 1% |
| Total debts | € 41,327,054 | € 40,740,395 | € 55,458,917 | € 53,357,561 | ▼ 4% |
| Cash | € 8,742,010 | € 7,463,624 | € 6,468,058 | € 4,302,917 | ▼ 33% |
| Land & buildings | € 47,090,687 | € 43,851,165 | € 44,174,780 | € 41,628,492 | ▼ 6% |
| Retained profit | € 69,911,365 | € 73,055,855 | € 74,455,382 | € 76,211,466 | ▲ 2% |
| Bank debt | € 19,262,004 | € 16,424,632 | € 14,343,957 | € 12,456,216 | ▼ 13% |
| Balance sheet total | € 129,033,705 | € 131,321,995 | € 147,909,334 | € 147,097,591 | ▼ 1% |
| Employees (FTE) | 638.1 | 642.5 | 639.6 | 639.3 | ▼ 0.3 |
Key figures of Karus, 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 Karus?
What happened at Karus in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stefaan Gielens stepped down as director. NBB
- Hendrik Van Gansbeke stepped down as director. NBB
- Ellen Veeckman stepped down as director. NBB
- Harlinde Exelmans stepped down as director. NBB
- Hans Van Rijckeghem stepped down as director. NBB
- Bert Vanderhaegen stepped down as director. NBB
- Jan Vande Moortel stepped down as director. NBB
- Nathalie De Wever stepped down as director. NBB
In short
From € 1.8 million loss in 2022 to € 1.8 million profit in 2025.
Best year ever: 2023, with € 3.1 million profit.
Pays suppliers within 186 days on average.
A new publication or filing at Karus? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Ellen Veeckman
Director
since 2024 · until 2029
since 2026 · until 2031
since 2024 · until 2029
Hans Van Rijckeghem
Chairman of the board, Director
Also active at: Smartphoto group, LOCOFIN, THREE LADIES INTERNATIONAL
since 2024 · until 2029
since 2024 · until 2029
Jan Vande Moortel
Director
since 2024 · until 2029
since 2024 · until 2029
Hendrik Van Gansbeke
Director
Also active at: ASSOCIATION DES FONDS SOCIAUX DU SECTEUR NON-MARCHAND FEDERAUX ET BICOMMUNAUTAIRES
since 2026 · until 2031
Establishments
Establishment units
Physical locations of this company
Caritasstraat 76
9090 Merelbeke-Melle
Beukenlaan 20
9051 Gent
Active since 8 February 2006
Poelstraat 39
9820 Merelbeke-Melle
Active since 23 November 2005
Hundelgemsesteenweg 270
9820 Merelbeke-Melle
Active since 23 November 2005
Vossenstraat 10
9090 Merelbeke-Melle
Active since 5 October 2006
Salisburylaan 106
9820 Merelbeke-Melle
Active since 23 November 2005
Salisburylaan 121
9820 Merelbeke-Melle
Active since 1 July 2011
Drongenplein 26
9031 Gent
Active since 1 January 2024
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
- 0861.314.369
- VAT number
- BE 0861.314.369
- Registered office
- Caritasstraat 76, 9090 Merelbeke-Melle
- Names & denominations
- Karus
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 27 October 2003
- Peppol
- Active · Active since 25 Jan 2023
- Activities · NACE
Activiteiten van psychiatrische ziekenhuizen
Ziekenhuizen
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