KARO-ENGINEERING
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €98,000. Estimated: probably between €59,000 and €140,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €153,759 on 31-12-2025in euro
in euro
Position in the sector
77.1%
Higher than 74% of 41,228 companies in 2025.
3.66
Higher than 70% of 39,797 companies in 2025.
11.3%
Higher than 45% of 40,318 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
153,759 | 130,571 | 125,121 | 142,576 | 122,942 | 125,043 | 105,735 | 109,880 | 84,860 | 85,236 | 69,045 | 50,983 | 43,648 | |
21/28 |
25,659 | 30,304 | 37,481 | 44,643 | 24,091 | 21,986 | 21,041 | 23,406 | 435 | 3,210 | 10,791 | 17,991 | 25,445 | |
22/27 |
25,659 | 30,304 | 37,481 | 44,643 | 24,091 | 21,986 | 21,041 | 23,406 | 435 | 3,210 | 10,791 | 17,991 | 25,445 | |
22 |
5,153 | 7,730 | 10,306 | 12,883 | 15,459 | 18,036 | 20,612 | 23,189 | - | - | - | - | - | |
24 |
452 | 1,792 | 3,264 | 5,354 | 5,948 | 2,143 | 429 | 217 | 435 | 127 | 253 | - | - | |
25 |
- | - | - | - | - | - | - | - | - | - | 10,537 | - | - | |
26 |
20,054 | 20,782 | 23,911 | 26,406 | 2,684 | 1,808 | - | - | - | - | - | - | - | |
29/58 |
128,100 | 100,267 | 87,640 | 97,933 | 98,851 | 103,057 | 84,694 | 86,474 | 84,425 | 82,025 | 58,254 | 32,991 | 18,203 | |
29 |
44,214 | 48,714 | 55,464 | 63,157 | 70,722 | 78,160 | - | - | - | - | - | - | - | |
291 |
44,214 | 48,714 | 55,464 | 63,157 | 70,722 | 78,160 | - | - | - | - | - | - | - | |
40/41 |
75,387 | 43,836 | 18,851 | 9,316 | 16,370 | 15,129 | 83,554 | 86,474 | 80,363 | 79,687 | 56,221 | 32,480 | 15,747 | |
40 |
24,911 | 15,185 | 2,304 | 1,700 | 16,370 | 15,129 | 13,246 | 16,590 | 32,467 | 21,786 | 21,614 | 26,130 | 15,747 | |
41 |
50,476 | 28,651 | 16,547 | 7,616 | - | - | 70,307 | 69,883 | 47,896 | 57,902 | 34,607 | 6,350 | - | |
54/58 |
6,978 | 5,824 | 12,485 | 24,753 | 10,751 | 9,500 | 1,140 | - | 4,063 | 417 | 304 | 304 | 2,456 | |
490/1 |
1,521 | 1,893 | 840 | 707 | 1,008 | 268 | - | - | - | 1,921 | 1,729 | 208 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
153,759 | 130,571 | 125,121 | 142,576 | 122,942 | 125,043 | 105,735 | 109,880 | 84,860 | 85,236 | 69,045 | 50,983 | 43,648 | |
10/15 |
118,558 | 101,191 | 96,977 | 89,337 | 72,689 | 59,477 | 47,166 | 30,032 | 29,847 | 43,593 | 19,290 | 13,756 | 6,610 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 1 | 1 | 1 | 1 | 1 | 1 | - | 1 | 1 | |
100 |
- | - | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
13 |
62,500 | 62,500 | 74,500 | 67,000 | 69,549 | 56,549 | 44,549 | 29,549 | 29,549 | 12,685 | 6,609 | 6,609 | 6,609 | |
130/1 |
- | - | - | - | 18,549 | 18,549 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 18,549 | 18,549 | 18,549 | 12,685 | 6,609 | 6,609 | 6,609 | |
1311 |
- | - | - | - | 18,549 | 18,549 | - | - | - | - | - | - | - | |
133 |
62,500 | 62,500 | 74,500 | 67,000 | 51,000 | 38,000 | 26,000 | 11,000 | 11,000 | - | - | - | - | |
14 |
37,458 | 20,091 | 3,877 | 3,737 | 3,139 | 2,927 | 2,616 | 482 | 297 | 30,907 | 12,680 | 7,145 | - | |
17/49 |
35,201 | 29,380 | 28,144 | 53,238 | 50,253 | 65,567 | 58,569 | 79,848 | 55,013 | 41,642 | 49,755 | 37,227 | 37,038 | |
17 |
- | - | - | - | - | - | - | - | - | 0 | 10,103 | 12,010 | 19,017 | |
170/4 |
- | - | - | - | - | - | - | - | - | 0 | 10,103 | 12,010 | 19,017 | |
42/48 |
34,994 | 29,380 | 28,144 | 53,238 | 50,253 | 65,567 | 58,569 | 79,848 | 55,013 | 41,642 | 39,652 | 22,967 | 18,021 | |
42 |
2,500 | 2,500 | 2,597 | 2,523 | - | - | - | - | - | 8,753 | 10,840 | 6,347 | 6,862 | |
43 |
3,260 | - | - | 4,463 | 4,763 | 4,765 | 7,596 | 9,636 | 29 | 7,502 | 8,742 | 2,444 | - | |
430/8 |
3,260 | - | - | 4,463 | 4,763 | 4,765 | 7,596 | 9,636 | 29 | 7,502 | 8,742 | 2,444 | - | |
44 |
7,359 | 4,029 | 5,443 | 6,883 | 2,827 | 9,471 | 13,370 | 36,960 | 22,115 | 6,326 | 5,402 | 5,069 | 1,923 | |
440/4 |
7,359 | 4,029 | 5,443 | 6,883 | 2,827 | 9,471 | 13,370 | 36,960 | 22,115 | 6,326 | 5,402 | 5,069 | 1,923 | |
45 |
10,375 | 9,851 | 4,604 | 19,477 | 27,226 | 32,251 | 21,603 | 17,253 | 30,868 | 19,061 | 14,667 | 9,011 | 7,959 | |
450/3 |
6,197 | 4,425 | - | 15,256 | 22,735 | 28,860 | 21,603 | 17,253 | 30,868 | 19,061 | 14,667 | 9,011 | 7,959 | |
454/9 |
4,178 | 5,426 | 4,604 | 4,221 | 4,491 | 3,391 | - | - | - | 0 | - | - | - | |
47/48 |
11,500 | 13,000 | 15,500 | 19,892 | 15,437 | 19,080 | 16,000 | 16,000 | 2,000 | - | - | 97 | 1,277 | |
492/3 |
207 | - | - | - | - | - | - | - | - | - | - | 2,250 | - | |
| Income statement | ||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | 120,497 | - | - | 43,020 | |
76A |
- | - | 749 | - | - | - | - | 29 | 613 | - | - | - | - | |
9900 |
33,788 | 31,900 | 46,726 | 68,330 | 30,113 | 32,652 | 30,290 | 26,552 | 17,762 | 39,555 | 20,680 | 20,667 | 16,016 | |
60/61 |
- | - | - | - | - | - | - | - | - | 84,326 | - | - | 28,780 | |
62 |
- | - | 3,850 | 12,254 | 1,755 | 3,301 | - | - | - | - | - | - | - | |
630 |
7,060 | 7,177 | 7,775 | 6,625 | 4,775 | 3,116 | 3,008 | 2,794 | 7,274 | 7,581 | 7,581 | 7,454 | 4,370 | |
640/8 |
2,029 | 2,547 | 834 | 348 | 348 | 348 | 348 | 4,224 | 569 | - | 1,695 | 369 | 1,346 | |
66A |
- | - | - | - | 920 | 2,980 | 232 | 7,841 | 11,679 | - | - | - | - | |
9901 |
24,699 | 22,176 | 34,267 | 49,104 | 22,316 | 22,908 | 26,702 | 11,693 | -1,759 | 31,975 | 11,405 | 12,844 | 10,300 | |
75/76B |
2,524 | 1,911 | 2,627 | 2,577 | 1,261 | 335 | 374 | - | 0 | 3,709 | - | - | - | |
75 |
2,524 | 1,911 | 2,627 | 2,577 | 1,261 | 335 | 374 | - | 0 | 3,709 | - | - | - | |
65/66B |
3,185 | 1,742 | 3,383 | 3,193 | 2,948 | 2,094 | 2,903 | 6,527 | 1,569 | 2,011 | 2,094 | 1,093 | 349 | |
65 |
3,185 | 1,742 | 3,383 | 3,193 | 2,948 | 2,094 | 2,903 | 6,527 | 1,569 | 2,011 | 2,094 | 1,093 | 349 | |
9903 |
24,038 | 22,345 | 33,511 | 48,488 | 20,629 | 21,149 | 24,173 | 5,167 | -3,328 | 33,672 | 9,311 | 11,751 | 9,951 | |
67/77 |
6,671 | 6,132 | 10,871 | 11,839 | 7,417 | 8,838 | 7,039 | 4,982 | 10,418 | 9,369 | 3,776 | 4,605 | 3,342 | |
9904 |
17,367 | 16,213 | 22,640 | 36,649 | 13,212 | 12,311 | 17,134 | 184 | -13,746 | 24,304 | 5,534 | 7,145 | 6,609 | |
9905 |
17,367 | 16,213 | 22,640 | 36,649 | 13,212 | 12,311 | 17,134 | 184 | -13,746 | 24,304 | 5,534 | 7,145 | 6,609 | |
| Appropriation of the result | ||||||||||||||
9906 |
37,458 | 20,091 | 26,377 | 39,787 | 16,139 | 14,927 | 17,616 | 482 | 17,161 | 36,983 | 12,680 | 7,145 | 6,609 | |
14P |
20,091 | 3,878 | 3,737 | 3,139 | 2,927 | - | - | - | - | - | 7,145 | - | - | |
791/2 |
- | 12,000 | 15,000 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 22,500 | 16,050 | 13,000 | 12,000 | 15,000 | - | 16,864 | 6,076 | - | - | 6,609 | |
691 |
- | - | - | 50 | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | 5,864 | 6,076 | - | - | 6,609 | |
6921 |
- | - | 22,500 | 16,000 | 13,000 | 12,000 | 15,000 | - | 11,000 | - | - | - | - | |
694/7 |
- | 12,000 | 15,000 | 20,000 | - | - | - | - | - | - | - | - | - | |
694 |
- | 12,000 | 15,000 | 20,000 | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00220049 | |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00261510 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00491139 | |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00351875 | |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20315861 | |
| 31-12-2020 | micro format | 24-08-2021 | 2021-52400110 | |
| 31-12-2019 | micro format | 04-11-2020 | 2020-68600056 | |
| 31-12-2018 | micro format | 14-10-2019 | 2019-70400207 | |
| 31-12-2017 | micro format | 26-09-2018 | 2018-66400481 | |
| 31-12-2016 | full format | 05-10-2017 | 2017-66700321 | |
| 31-12-2015 | full format | 16-08-2017 | 2017-44000600 | |
| 31-12-2014 | full format | 30-09-2015 | 2015-63700347 | |
| 31-12-2013 | full format | 27-07-2014 | 2014-35300099 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31,759 | 29,353 | 42,042 | 55,728 | 27,090 | 26,024 | 29,710 | 14,487 | 5,514 | 39,555 | 18,986 | 20,298 | 14,670 | ||
| 24,427 | 23,390 | 30,415 | 43,273 | 17,987 | 15,427 | 20,142 | 2,978 | -6,472 | 31,884 | 13,115 | 14,599 | 10,979 | ||
| 2,415 | 0 | 614 | 27,177 | 6,879 | 4,062 | 643 | 25,765 | 34,314 | -0 | 380 | 0 | 29,815 | ||
| 1,154 | -6,661 | -12,268 | 14,001 | 1,251 | 8,360 | - | - | 3,645 | 113 | 0 | -2,152 | - | ||
| 93,106 | 70,887 | 59,496 | 44,694 | 48,598 | 37,490 | 26,125 | 6,626 | 29,412 | 40,383 | 18,602 | 10,024 | 182 | ||
| - | - | - | - | - | - | - | - | - | 26.5% | - | - | 23.9% | ||
| 77.1% | 77.5% | 77.5% | 62.7% | 59.1% | 47.6% | 44.6% | 27.3% | 35.2% | 51.1% | 27.9% | 27.0% | 15.1% | ||
| 3.66 | 3.41 | 3.11 | 1.84 | 1.97 | 1.57 | 1.45 | 1.08 | 1.53 | 1.97 | 1.47 | 1.44 | 1.01 | ||
| 0.30 | 0.29 | 0.29 | 0.60 | 0.69 | 1.10 | 1.24 | 2.66 | 1.84 | 0.96 | 2.58 | 2.71 | 5.60 | ||
| 14.6% | 16.0% | 23.3% | 41.0% | 18.2% | 20.7% | 36.3% | 0.6% | -46.1% | 55.8% | 28.7% | 51.9% | 100.0% | ||
| 11.3% | 12.4% | 18.1% | 25.7% | 10.7% | 9.8% | 16.2% | 0.2% | -16.2% | 28.5% | 8.0% | 14.0% | 15.1% | ||
| 9.97 | 16.85 | 12.43 | 17.46 | 9.19 | - | - | - | - | - | 9.07 | - | - | ||
| - | - | - | - | - | - | - | - | - | 66 days | - | - | 134 days | ||
| - | - | - | - | - | - | - | - | - | 27 days | - | - | 24 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,415 | - | €614 | €27,177 | €6,879 |
| €7,060 | €7,177 | €7,775 | €6,625 | €4,775 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on KARO-ENGINEERING
The operating result for 2025 is 11% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 22.5% to 22.9%. Equity and debt are higher.