ACTIVE

DICAR

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Financial year 2025 · closed on 31/12/2025

Net result

2,7 M €

-35.4% YoY

Revenue

142 M €

+11.9% YoY

Equity

19,1 M €

0.0% YoY

Workforce

147,6 ETP

+12.8% YoY

What does DICAR do?

DICAR is a Private limited company incorporated in 1988. Its registered office is in Kasterlee. It employs on average 147,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.052.630

Incorporation

18/04/1988

Legal form

Private limited company

Registered office

Houtum 51
2460 Kasterlee · FlandreSee on map

Contributed capital

37 192,01 €

Latest accounts

31/12/2025

Average workforce

147,6 ETP

Joint committees (3)

Contacts

2 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007
Income statement
Revenue	142 M €	+11.9%	127 M €	+12.5%	112,8 M €	-1.2%	114,2 M €	+12.3%	101,7 M €	+23.9%	82,1 M €	-8.1%	89,3 M €	+25.3%	71,2 M €	+15.9%	61,4 M €	+10.2%	55,8 M €	+18.8%	46,9 M €	+34.1%	35 M €	+18.3%	29,6 M €	+4.3%	28,4 M €	-37.8%	45,6 M €	+128%	20 M €		–		–
EBITDA	6 M €	-24.9%	8 M €	-11.7%	9,1 M €	+19.7%	7,6 M €	+10.8%	6,8 M €	+16.0%	5,9 M €	+66.5%	3,5 M €	+19.1%	3 M €	-35.0%	4,6 M €	+15.1%	4 M €	+38.4%	2,9 M €	+40.9%	2 M €	-10.8%	2,3 M €	-1.9%	2,3 M €	-39.6%	3,9 M €	+296%	972 k €	+23.2%	788,7 k €	-3.4%	816,4 k €
Operating result	3,3 M €	-40.2%	5,5 M €	-20.5%	6,9 M €	+25.8%	5,5 M €	-2.6%	5,6 M €	+10.7%	5,1 M €	+94.3%	2,6 M €	+17.0%	2,2 M €	-42.4%	3,9 M €	+13.8%	3,4 M €	+42.7%	2,4 M €	+33.3%	1,8 M €	-2.8%	1,9 M €	-2.6%	1,9 M €	-42.4%	3,3 M €	+411%	646,1 k €	+16.2%	556,2 k €	-15.4%	657,4 k €
Net result	2,7 M €	-35.4%	4,2 M €	-31.3%	6,1 M €	-16.5%	7,3 M €	+28.5%	5,7 M €	+13.8%	5 M €	+137%	2,1 M €	+5.2%	2 M €	-36.0%	3,1 M €	+4.6%	3 M €	+43.8%	2,1 M €	+32.7%	1,6 M €	-4.7%	1,6 M €	-1.4%	1,7 M €	-35.4%	2,6 M €	+396%	520,4 k €	+13.4%	458,9 k €	-5.2%	484,2 k €
Balance sheet
Equity	19,1 M €	0.0%	19,1 M €	-4.6%	20,1 M €	-3.9%	20,9 M €	-0.5%	21 M €	+13.6%	18,5 M €	-6.4%	19,7 M €	+9.2%	18,1 M €	+9.4%	16,5 M €	+20.2%	13,8 M €	+24.9%	11 M €	+23.3%	8,9 M €	+21.3%	7,4 M €	+28.7%	5,7 M €	+8.9%	5,3 M €	+96.6%	2,7 M €	+24.2%	2,2 M €	+27.1%	1,7 M €
Total assets	67,2 M €	+1.3%	66,4 M €	+15.1%	57,6 M €	+26.3%	45,6 M €	+18.7%	38,4 M €	+6.9%	35,9 M €	+14.5%	31,4 M €	-4.9%	33 M €	+21.8%	27,1 M €	+27.9%	21,2 M €	+22.9%	17,2 M €	+19.2%	14,5 M €	+18.7%	12,2 M €	+31.8%	9,2 M €	+34.8%	6,9 M €	+23.1%	5,6 M €	-9.2%	6,1 M €	+35.3%	4,5 M €
Cash	122,1 k €	-69.9%	406,3 k €	-31.9%	596,7 k €	-61.2%	1,5 M €	+75.1%	877,4 k €	+19.0%	737,5 k €	-53.6%	1,6 M €	-13.8%	1,8 M €	+124%	825,6 k €	-74.3%	3,2 M €	+1676%	181,2 k €	-93.8%	2,9 M €	+411%	570,2 k €	-12.2%	649,2 k €	-67.6%	2 M €	+428%	379 k €	+102%	187,9 k €	+23.8%	151,7 k €
Debts	45,2 M €	+3.1%	43,8 M €	+20.1%	36,5 M €	+53.8%	23,7 M €	+39.4%	17 M €	+0.1%	17 M €	+51.6%	11,2 M €	-22.6%	14,5 M €	+42.8%	10,2 M €	+44.8%	7 M €	+20.7%	5,8 M €	+13.7%	5,1 M €	+16.1%	4,4 M €	+41.7%	3,1 M €	+161%	1,2 M €	-57.4%	2,8 M €	-28.1%	3,9 M €	+39.4%	2,8 M €
Other
Workforce	147,6 ETP	+12.8%	130,8 ETP	+13.8%	114,9 ETP	+3.6%	110,9 ETP	+24.7%	88,9 ETP	+17.3%	75,8 ETP	+4.0%	72,9 ETP	+9.8%	66,4 ETP	+17.1%	56,7 ETP	+15.0%	49,3 ETP	+22.0%	40,4 ETP	+30.3%	31,0 ETP	+4.7%	29,6 ETP	+19.8%	24,7 ETP	+19.3%	20,7 ETP	+40.8%	14,7 ETP	+3.5%	14,2 ETP	+27.9%	11,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

EYCKENBOS

Director · since 26 septembre 2019 · 0568.708.921

Represented by Dirk Van Eyck

Active

Ended mandates

EYCKENBOS

Manager · since 02 février 2016 · 0568.708.921

Represented by Dirk Van Eyck

Ended

Annelies VANDECRUYS

Manager

Ended

Anneliese Vandecruys

Manager · until 02 février 2016

Ended

Anneliese Vandecruys

Manager

Ended

At this address

Other companies at this address

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BTW-Eenheid Verdi● Active	0500.784.274
Etienne Gombert● Active	1001.397.811
LILO MANAGEMENT● Active	0803.512.267
VAN EYCK● Active	0438.260.351

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/07/2026	30/06/2025	11/07/2024	04/07/2023	18/07/2022	01/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	13/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	30/06/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	04/07/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	18/07/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	01/07/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	01/07/2020	Dutch	PDF
Full model	30/09/2018	29/03/2019	29/04/2019	Dutch	PDF
Full model	30/09/2017	30/03/2018	25/04/2018	Dutch	PDF
Full model	30/09/2016	31/03/2017	31/03/2017	Dutch	PDF
Full model	30/09/2015	25/03/2016	28/06/2016	Dutch	PDF
Full model	30/09/2014	27/03/2015	27/04/2015	Dutch	PDF
Full model	30/09/2013	28/03/2014	25/04/2014	Dutch	PDF
Full model	30/09/2012	02/01/2013	15/04/2013	Dutch	PDF
Full model	30/09/2011	30/03/2012	10/04/2012	Dutch	PDF
Full model	31/12/2009	28/05/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	08/07/2009	Dutch	PDF
Abridged modelCorrection	31/12/2007	30/05/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	06/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	15/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

EYCKENBOS

Director · since 26 septembre 2019 · 0568.708.921

Represented by Dirk Van Eyck

Active

Ended mandates

EYCKENBOS

Manager · since 02 février 2016 · 0568.708.921

Represented by Dirk Van Eyck

Ended

Annelies VANDECRUYS

Manager

Ended

Anneliese Vandecruys

Manager · until 02 février 2016

Ended

Anneliese Vandecruys

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring07/01/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN - DOEL
PDF
Restructuring22/11/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates30/09/2019
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates20/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other10/01/2011
Wijziging boekjaar - statutenwijziging. i
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20252,7 M €↓
2024
Annual accounts 20244,2 M €↓
2023
Annual accounts 20236,1 M €↓
2022
Annual accounts 20227,3 M €↑
24/06/2022
reconductionRudi ZEELMAEKERS — commissaris
2021
Annual accounts 20215,7 M €↑
2020
Annual accounts 20205 M €↑
2019
Annual accounts 20192,1 M €↑
2018
Annual accounts 20182 M €↓
2017
Annual accounts 20173,1 M €↑
2016
Annual accounts 20163 M €↑
2015
Annual accounts 20152,1 M €↑
2014
Annual accounts 20141,6 M €↓
2013
Annual accounts 20131,6 M €↓
2012
Annual accounts 20121,7 M €↓
2011
Annual accounts 20112,6 M €↑
2009
Annual accounts 2009520,4 k €↑
2008
Annual accounts 2008458,9 k €↓
2007
Annual accounts 2007484,2 k €
18/04/1988
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DICAR

Overview

What does DICAR do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline