Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 40.5 to 35.9.
Financials
Financial year 2025
EMPIRE-CARPETS INTERNATIONAL from Harelbeke, company number BE0878377263, closed financial year 2025 with a result of € 20,731 after tax. For that financial year EMPIRE-CARPETS INTERNATIONAL recorded a gross margin of € 2.9 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 52,842 to € 20,731. 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 June 22, 2026.
€ 1.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,731
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 254,449
▼ 32% 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 € 1.6 million.
People and assets in 2025
35.9
▼ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▼ 11% vs 2024
€ 54,400 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.
€ 1.6 million
▼ 2% vs 2024
Of which on lease € 1.4 million.
Debts at end 2025
€ 2.3 million
▼ 12% vs 2024
€ 489,197 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 943,619
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 293,362
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,016,704 | € 9,913,905 | - | - | |
| Gross margin | - | - | € 3,036,213 | € 2,924,479 | ▼ 4% |
| Profit after taxes | € -252,771 | € -230,380 | € 52,842 | € 20,731 | ▼ 61% |
| Equity | € 1,940,273 | € 1,709,893 | € 1,762,735 | € 1,783,466 | ▲ 1% |
| Total debts | € 4,270,849 | € 4,036,816 | € 4,231,143 | € 3,663,810 | ▼ 13% |
| Cash | € 511,844 | € 328,318 | € 372,013 | € 254,449 | ▼ 32% |
| Land & buildings | € 215,688 | € 215,535 | € 84,808 | € 67,825 | ▼ 20% |
| Retained profit | € 1,737,773 | € 1,507,393 | € 1,560,235 | € 1,580,966 | ▲ 1% |
| Bank debt | € 2,738,714 | € 2,515,855 | € 2,667,720 | € 2,348,248 | ▼ 12% |
| Balance sheet total | € 6,211,122 | € 5,746,709 | € 5,993,877 | € 5,447,276 | ▼ 9% |
| Employees (FTE) | 43.6 | 40.5 | 39.2 | 35.9 | ▼ 3.3 |
Key figures of EMPIRE-CARPETS INTERNATIONAL, 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 EMPIRE-CARPETS INTERNATIONAL?
What happened at EMPIRE-CARPETS INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- C-RM Industries BV stepped down as director. NBB
- Luc Degandt stepped down as director. NBB
- Nopi BV stepped down as director. NBB
- Marjanne Wybo stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 20,731 (▼ 61% vs 2024). Source: NBB ↗
- C-RM Industries BV became a director. NBB
- Luc Degandt became a director. NBB
- Nopi BV became a director. NBB
In short
From € 252,771 loss in 2022 to € 20,731 profit in 2025.
Paid € 8,892 in corporate taxes since 2022.
Best year ever: 2024, with € 52,842 profit.
On average € 81,500 of value added per employee in 2025.
A new publication or filing at EMPIRE-CARPETS INTERNATIONAL? 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
The stake of C-RM INDUSTRIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EMPIRE-CARPETS INTERNATIONALThe shares are held by C-RM INDUSTRIES (82.4%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
82.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brugsestraat 140
8531 Harelbeke
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
- 0878.377.263
- VAT number
- BE 0878.377.263
- Registered office
- Brugsestraat 140, 8531 Harelbeke
- Names & denominations
- EMPIRE-CARPETS INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2006
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Groothandel in tapijten
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
Vervaardiging van vloerkleden en tapijt
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in meubels, huishoudelijke artikelen en ijzerwaren
Handelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer
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