Financials
Financial year 2025
Cartamundi Services from Turnhout, company number BE0877568403, closed financial year 2025 with a result of € 1.5 million after tax. Compared with financial year 2024, the result moved from € -468,678 to € 1.5 million. 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 1, 2026.
€ 3.8 million
▲ 66% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ still € 468,678 loss in 2024
Profit after tax over the fiscal year.
€ 10,023
▼ 40% 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 € 3.2 million.
People and assets in 2025
66.4
▲ 4.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.5 million
▼ 23% vs 2024
€ 127,500 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.
€ 1.4 million
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11.5 million
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 195 days on average.
€ 3.3 million
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 577,012 | € 355,167 | € -468,678 | € 1,508,766 | ▲ € 2 million |
| Equity | € 2,389,389 | € 2,744,555 | € 2,275,878 | € 3,784,644 | ▲ 66% |
| Total debts | € 14,852,189 | € 16,876,146 | € 14,111,838 | € 14,942,134 | ▲ 6% |
| Cash | € 31,591 | € 25,533 | € 16,690 | € 10,023 | ▼ 40% |
| Land & buildings | € 164,225 | € 113,361 | € 72,974 | € 66,857 | ▼ 8% |
| Retained profit | € 1,818,389 | € 2,173,555 | € 1,704,878 | € 3,213,644 | ▲ 88% |
| Balance sheet total | € 17,241,578 | € 19,620,701 | € 16,387,716 | € 18,726,778 | ▲ 14% |
| Employees (FTE) | 69.3 | 67.1 | 62.3 | 66.4 | ▲ 4.1 |
Key figures of Cartamundi Services, 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 Cartamundi Services?
What happened at Cartamundi Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Merckator BV stepped down as director. NBB
- Jef Volders stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million. Source: NBB ↗
- Tinneke Baeyens stepped down as director. NBB
- Merckator BV became a director. NBB
- Jef Volders became a director. NBB
- Tinneke Baeyens became a director. NBB
- New establishment in Turnhout. KBO
In short
From € 577,012 profit in 2022 to € 1.5 million profit in 2025.
Paid € 994,756 in corporate taxes since 2022.
Best year ever: 2025, with € 1.5 million profit.
Pays suppliers within 195 days on average.
Management
The stake of Cartamundi Turnhout comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Cartamundi ServicesThe shares are held by Cartamundi NV (99.8%) and Cartamundi Turnhout (0.2%). It owns 1% of Cartamundi Digital, 0.1% of Cartamundi Turnhout and 0% of Cartamundi Benelux itself.
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Stefaan Merckx
Also active at: REYNAERS ALUMINIUM, Medimundi, Cartamundi Digital Ventures
since 2025 · until 2028
Tinneke Baeyens
Director
since 2023 · until 2026
Jef Volders
Director
since 2024 · until 2027
Shareholders
99.8%
0.2%
Participations
Establishments
Establishment units
Physical locations of this company
Turnovatoren 14 box 1
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0877.568.403
- VAT number
- BE 0877.568.403
- Registered office
- Turnovatoren 14 bus 1, 2300 Turnhout
- Names & denominations
- Cartamundi Services
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 2005
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van hoofdkantoren
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Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Markt- en opinieonderzoek
Activiteiten van (gecertificeerde) (fiscaal) accountants
Diverse administratieve activiteiten ten behoeve van kantoren
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