ACTIVE

CARGO SERVICE

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Financial year 2025 · closed on 30/09/2025
Net result
64,2 k €
-26.1% YoY
Gross margin
383,9 k €
-17.0% YoY
Equity
447,6 k €
+16.8% YoY
Workforce
4,3 ETP
-29.5% YoY

What does CARGO SERVICE do?

CARGO SERVICE is a Public limited company incorporated in 1991. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Kalmthout. It employs on average 4,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0442.431.747
Incorporation
14/01/1991
Legal form
Public limited company
Registered office
Galgenheiken(C) 8
2920 Kalmthout · FlandreSee on map
Contributed capital
65 000,01 €
Latest accounts
30/09/2025
Average workforce
4,3 ETP
Activities (NACE)
45204Maintenance and repair of motor vehicles· main50200Sea and coastal freight water transport95314Repair of computers and personal and household goods
Joint committees (4)
  • 14902
  • 2000
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120142012201120102009200820072006
Income statement
Gross margin383,9 k €462,5 k €303,9 k €302,2 k €403,8 k €723,3 k €388,6 k €421,4 k €335,9 k €422,1 k €379,6 k €440 k €409,3 k €
EBITDA153,3 k €176,9 k €61 k €65,4 k €110,9 k €104,4 k €30 k €79,6 k €29,8 k €82,5 k €19,9 k €42,9 €14,3 k €
Operating result101,4 k €131,1 k €11,5 k €12,3 k €46,9 k €35,6 k €-336,5 €46,4 k €14,6 k €64,7 k €8,4 k €-17,4 k €-5,9 k €
Net result64,2 k €87 k €-2,6 k €-361,7 €22,4 k €3,4 k €-2,8 k €9,7 k €10,2 k €49,5 k €1,6 k €-9,6 k €-18,6 k €
Balance sheet
Equity447,6 k €383,3 k €296,4 k €298,9 k €299,3 k €147,9 k €144,5 k €147,3 k €137,6 k €127,4 k €97,9 k €138,3 k €183,1 k €
Total assets1,3 M €1,4 M €1,3 M €1,3 M €1,5 M €768,4 k €321,6 k €340,7 k €233,1 k €286,2 k €252,4 k €341,2 k €344,5 k €
Cash267 k €264,6 k €109,7 k €82,8 k €127,1 k €40,3 k €71,6 k €86,1 k €49,7 k €105,7 k €50,9 k €72,8 k €43,2 k €
Debts883,5 k €992,9 k €1 M €1 M €1,2 M €617 k €177,1 k €183,4 k €95,5 k €158,8 k €154,5 k €202,9 k €125,5 k €
Other
Workforce4,3 ETP6,1 ETP5,0 ETP5,0 ETP5,9 ETP6,8 ETP8,2 ETP8,7 ETP9,0 ETP9,5 ETP9,7 ETP9,9 ETP10,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 15 ended

Active mandates

FELO

Director · since 05 novembre 2020 · 0478.804.668

Represented by Vander Veken Ronald Jozef

Active
KARO V

Managing director · since 15 décembre 2013 · 0504.897.569

Represented by Vander VEKEN KATLEEN

Active

Ended mandates

FELO

Director · since 05 novembre 2020 · 0478.804.668

Represented by Vander VEKEN RONALD JOZEF

Ended
FELO

Director · since 06 novembre 2014 · 0478.804.668

Represented by Ronald Jozef Vander Veken

Ended
FELO

Director · since 06 novembre 2014 · 0478.804.668

Represented by Ronald Vander Veken

Ended
KARO V

Managing director · since 15 décembre 2013 · until 14 février 2019 · 0504.897.569

Represented by Katleen Vander Veken

Ended
At this address

Other companies at this address

CompanyCBE no.
FELO● Active
0478.804.668
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/04/202629/04/202519/02/202403/05/202302/05/202230/04/2021
General meeting06/03/202615/04/202515/02/202403/03/202304/03/202205/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202506/03/202627/04/2026DutchPDF
Abridged model30/09/202415/04/202529/04/2025DutchPDF
Abridged model30/09/202315/02/202419/02/2024DutchPDF
Abridged model30/09/202203/03/202303/05/2023DutchPDF
Abridged model30/09/202104/03/202202/05/2022DutchPDF
Abridged model30/09/202005/03/202130/04/2021DutchPDF
Abridged model30/09/201920/03/202020/04/2020DutchPDF
Abridged model30/09/201801/03/201929/04/2019DutchPDF
Abridged model30/09/201702/03/201825/04/2018DutchPDF
Abridged model30/09/201603/03/201727/03/2017DutchPDF
Abridged model30/09/201504/03/201610/03/2016DutchPDF
Abridged model30/09/201406/03/201517/03/2015DutchPDF
Abridged model31/12/201207/06/201303/07/2013DutchPDF
Abridged model31/12/201101/06/201222/08/2012DutchPDF
Abridged model31/12/201003/06/201111/07/2011DutchPDF
Abridged model31/12/200904/06/201002/07/2010DutchPDF
Abridged model31/12/200819/06/200913/07/2009DutchPDF
Abridged model31/12/200725/07/200811/09/2008DutchPDF
Abridged model31/12/200601/06/200701/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 30/09/2025 · 2 active · 15 ended

Active mandates

FELO

Director · since 05 novembre 2020 · 0478.804.668

Represented by Vander Veken Ronald Jozef

Active
KARO V

Managing director · since 15 décembre 2013 · 0504.897.569

Represented by Vander VEKEN KATLEEN

Active

Ended mandates

FELO

Director · since 05 novembre 2020 · 0478.804.668

Represented by Vander VEKEN RONALD JOZEF

Ended
FELO

Director · since 06 novembre 2014 · 0478.804.668

Represented by Ronald Jozef Vander Veken

Ended
FELO

Director · since 06 novembre 2014 · 0478.804.668

Represented by Ronald Vander Veken

Ended
KARO V

Managing director · since 15 décembre 2013 · until 14 février 2019 · 0504.897.569

Represented by Katleen Vander Veken

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/04/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/04/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/12/2013
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/06/2013
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2009
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 202564,2 k €↓
  2. 2024
    Annual accounts 202487 k €↑
  3. 2023
    Annual accounts 2023-2,6 k €↓
  4. 2022
    Annual accounts 2022-361,7 €↓
  5. 2021
    Annual accounts 202122,4 k €↑
  6. 2014
    Annual accounts 20143,4 k €↑
  7. 2012
    Annual accounts 2012-2,8 k €↓
  8. 2011
    Annual accounts 20119,7 k €↓
  9. 2010
    Annual accounts 201010,2 k €↓
  10. 2009
    Annual accounts 200949,5 k €↑
  11. 2008
    Annual accounts 20081,6 k €↑
  12. 2007
    Annual accounts 2007-9,6 k €↑
  13. 2006
    Annual accounts 2006-18,6 k €
  14. 14/01/1991
    IncorporationPublic limited company