ACTIVE

CARGO

Financial year 2024 · closed on 31/12/2024
Net result
136,3 k €
-33.0% YoY
Gross margin
432,3 k €
-12.1% YoY
Equity
230,5 k €
+144.8% YoY

What does CARGO do?

CARGO is a Private limited company incorporated in 1997. Its main activity is: Accommodation. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.348.331
Incorporation
28/08/1997
Legal form
Private limited company
Registered office
Lange Schipperskapelstraat 11
2000 Antwerpen · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2024
Joint committees (1)
  • 302
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin432,3 k €492 k €482,5 k €101,4 k €44,8 k €227,4 k €267,8 k €280,8 k €383,6 k €416,8 k €453,4 k €252,8 k €342 k €334,4 k €312,3 k €248,4 k €190,8 k €283 k €196,2 k €
EBITDA215,3 k €286,8 k €337 k €60 k €-14,5 k €14,3 k €44 k €54,9 k €23,5 k €83,9 k €103 k €-60,8 k €76,3 k €51,5 k €75,8 k €65,6 k €58,9 k €92,9 k €84,6 k €
Operating result186,1 k €277,9 k €317,7 k €41 k €-31,7 k €6 k €35 k €39,3 k €8,6 k €39,7 k €56,6 k €-118,1 k €17,6 k €-2 k €21,4 k €9,3 k €4,8 k €33,5 k €16,9 k €
Net result136,3 k €203,5 k €229,3 k €38,3 k €-31,8 k €3,4 k €23 k €24,3 k €-15,9 k €31,7 k €51,7 k €-105,8 k €5,8 k €-15,3 k €13,9 k €-609,6 €-18 k €14,3 k €108,1 €
Balance sheet
Equity230,5 k €94,2 k €-109,3 k €-338,6 k €-377 k €-345,2 k €-348,6 k €-371,6 k €-395,9 k €-340 k €-371,6 k €-423,3 k €-317,5 k €-323,3 k €-308 k €-322 k €-329,3 k €-311,4 k €-318,2 k €
Total assets1 M €907,4 k €752,4 k €353,4 k €267,7 k €258 k €211,5 k €150,8 k €170,5 k €308,9 k €236 k €359,2 k €295 k €289,8 k €299,6 k €360,4 k €364,9 k €400,9 k €418,5 k €
Cash581,2 k €632,9 k €541,4 k €121 k €24,6 k €75,7 k €71,4 k €30,8 k €36,6 k €32,1 k €4,7 k €86,1 k €17,5 k €52,1 k €32,4 k €1,1 k €20 k €21,4 k €10 k €
Debts796,7 k €813,2 k €861,7 k €692 k €644,7 k €603,1 k €559,5 k €519,5 k €565,1 k €648,9 k €607,6 k €779,3 k €596,5 k €597,1 k €591,6 k €666,4 k €670,3 k €676,2 k €736,7 k €
Other
Workforce7,9 ETP7,9 ETP7,9 ETP8,0 ETP13,2 ETP4,5 ETP4,4 ETP4,2 ETP3,7 ETP3,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 6 ended

Active mandates

NOURDIN BEN SELLAM

Zaakvoerder

Active

Ended mandates

NOURDIN BEN SELLAM

Manager · since 18 août 2016

Ended
Nourdin Ben Sellam

Bestuurder · since 18 juin 2016

Ended
LUDO SMITS

Manager · since 27 août 1997 · until 18 août 2016

Ended
LUDO SMITS

Manager · since 27 août 1997

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202527/08/202421/02/202414/10/202230/09/202121/12/2020
General meeting17/06/202518/06/202420/06/202320/06/202215/06/202116/06/2020
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202417/06/202529/08/2025DutchPDF
Micro model31/12/202318/06/202427/08/2024DutchPDF
Micro model31/12/202220/06/202321/02/2024DutchPDF
Micro model31/12/202120/06/202214/10/2022DutchPDF
Micro model31/12/202015/06/202130/09/2021DutchPDF
Micro modelCorrection31/12/201916/06/202021/12/2020DutchPDF
Micro model31/12/201916/06/202005/11/2020DutchPDF
Micro model31/12/201815/04/201912/12/2019DutchPDF
Micro model31/12/201719/06/201819/02/2019DutchPDF
Micro model31/12/201625/06/201720/02/2019DutchPDF
Abridged model31/12/201513/06/201619/02/2019DutchPDF
Abridged model31/12/201415/06/201526/11/2015DutchPDF
Abridged model31/12/201317/06/201422/10/2014DutchPDF
Abridged model31/12/201218/06/201319/08/2013DutchPDF
Abridged model31/12/201119/06/201231/08/2012DutchPDF
Abridged model31/12/201021/06/201131/08/2011DutchPDF
Abridged model31/12/200915/06/201030/09/2010DutchPDF
Abridged model31/12/200816/06/200928/08/2009DutchPDF
Abridged model31/12/200717/06/200829/08/2008DutchPDF
Abridged model31/12/200630/06/200724/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024 · 1 active · 6 ended

Active mandates

NOURDIN BEN SELLAM

Zaakvoerder

Active

Ended mandates

NOURDIN BEN SELLAM

Manager · since 18 août 2016

Ended
Nourdin Ben Sellam

Bestuurder · since 18 juin 2016

Ended
LUDO SMITS

Manager · since 27 août 1997 · until 18 août 2016

Ended
LUDO SMITS

Manager · since 27 août 1997

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/09/2016
    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. 2024
    Annual accounts 2024136,3 k €
  2. 2023
    Annual accounts 2023203,5 k €
  3. 2022
    Annual accounts 2022229,3 k €
  4. 2021
    Annual accounts 202138,3 k €
  5. 2020
    Annual accounts 2020-31,8 k €
  6. 2019
    Annual accounts 20193,4 k €
  7. 2018
    Annual accounts 201823 k €
  8. 2017
    Annual accounts 201724,3 k €
  9. 2016
    Annual accounts 2016-15,9 k €
  10. 2015
    Annual accounts 201531,7 k €
  11. 2014
    Annual accounts 201451,7 k €
  12. 2013
    Annual accounts 2013-105,8 k €
  13. 2012
    Annual accounts 20125,8 k €
  14. 2011
    Annual accounts 2011-15,3 k €
  15. 2010
    Annual accounts 201013,9 k €
  16. 2009
    Annual accounts 2009-609,6 €
  17. 2008
    Annual accounts 2008-18 k €
  18. 2007
    Annual accounts 200714,3 k €
  19. 2006
    Annual accounts 2006108,1 €
  20. 28/08/1997
    IncorporationPrivate limited company