Financials
Financial year 2025
KARO from Kruisem, company number BE0878115858, closed financial year 2025 with a result of € 40,406 after tax. For that financial year KARO recorded a gross margin of € 139,317 and equity of € 184,569. Compared with financial year 2024, the result moved from € -13,748 to € 40,406. 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 August 31, 2026.
€ 184,569
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,406
▲ still € 13,748 loss in 2024
Profit after tax over the fiscal year.
€ 65,302
▲ 98% 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 € 120,969.
People and assets in 2025
€ 49,451
▼ 56% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 82,846
▼ 17% vs 2024
€ 17,109 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,108
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,188
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 163,305 | € 199,026 | € 131,480 | € 139,317 | ▲ 6% |
| Profit after taxes | € 27,853 | € 40,325 | € -13,748 | € 40,406 | ▲ € 54,154 |
| Equity | € 124,697 | € 157,911 | € 144,163 | € 184,569 | ▲ 28% |
| Total debts | € 239,177 | € 192,367 | € 159,674 | € 113,142 | ▼ 29% |
| Cash | € 103,290 | € 97,624 | € 33,017 | € 65,302 | ▲ 98% |
| Land & buildings | € 152,470 | € 135,713 | € 120,745 | € 106,333 | ▼ 12% |
| Retained profit | € 61,097 | € 94,311 | € 80,563 | € 120,969 | ▲ 50% |
| Dividend | € 0 | € 7,111 | € 0 | € 0 | |
| Bank debt | € 142,689 | € 123,443 | € 99,934 | € 82,846 | ▼ 17% |
| Balance sheet total | € 363,874 | € 350,278 | € 303,837 | € 297,711 | ▼ 2% |
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 31 July 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 € 40,406. filed late Source: NBB ↗
- New establishment in Nazareth. KBO
- New establishment in Kruisem. KBO
- Karel Oosterlynck became a director. NBB
- Ann Steeman became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 27,853 profit in 2022 to € 40,406 profit in 2025.
Paid € 54,725 in corporate taxes since 2022.
Best year ever: 2025, with € 40,406 profit.
Paid out € 7,111 in dividends to the owners in total.
A new publication or filing at KARO? 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
Behind KARO are Karel Oosterlynck and Ann Steeman.
Directors
According to the 2025 annual accounts
Karel Oosterlynck
Director
since 2005
Ann Steeman
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Weistraat 8
9750 Kruisem
Sluis 2D1 box 4
9810 Nazareth
Active since 1 January 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0878.115.858
- VAT number
- BE 0878.115.858
- Registered office
- Weistraat 8, 9750 Kruisem
- Names & denominations
- KARO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2005
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Vervaardiging van beddengoed, tafellinnen en textielwaren voor huishoudelijk gebruik
Confectie van beddengoed, tafellinnen en textielwaren voor huishoudelijk gebruik
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Schoonheidsverzorging en andere schoonheidsbehandelingen
Detailhandel in cosmetica en toiletartikelen
Confectie van overige textielartikelen
Schoonheidsverzorging