ACTIVE

CARGO RENT

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Financial year 2025 · closed on 30/09/2025
Net result
26,8 k €
-56.7% YoY
Gross margin
228,6 k €
-21.4% YoY
Equity
2,3 M €
+1.2% YoY
Workforce
1,3 ETP
-35.0% YoY

What does CARGO RENT do?

CARGO RENT is a Private limited company incorporated in 1999. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Ieper. It employs on average 1,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0467.026.393
Incorporation
11/10/1999
Legal form
Private limited company
Registered office
Brugseweg 229
8900 Ieper · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Average workforce
1,3 ETP
Activities (NACE)
45111Sale of cars and light motor vehicles· main46711Wholesale of solid, liquid and gaseous fuels and related products50101Sea and coastal passenger water transport29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers71408Architectural and engineering activities; technical testing and analysis+2
Joint committees (1)
  • 14902
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 15 financial years

202520242023202220212020201920182017201620152014201220092008
Income statement
Gross margin228,6 k €290,9 k €1,1 M €326,6 k €223,8 k €191,3 k €283,1 k €244,0 k €370,9 k €355,5 k €237,8 k €-8,6 k €46,7 k €165,7 k €406,5 k €
EBITDA65,7 k €110,7 k €988,1 k €268,9 k €177,8 k €133,3 k €191,1 k €165,6 k €317,9 k €258,8 k €157,6 k €-32,4 k €40,8 k €163,6 k €367,6 k €
Operating result36,6 k €82,8 k €956,7 k €242,6 k €153,2 k €106,7 k €162,1 k €109,7 k €263,3 k €220,0 k €142,7 k €-46,9 k €16,3 k €121,5 k €112,3 k €
Net result26,8 k €61,9 k €653,1 k €168,7 k €107,8 k €79,2 k €105,4 k €71,0 k €178,5 k €154,7 k €122,2 k €-41,3 k €31,6 k €111,8 k €83,7 k €
Balance sheet
Equity2,3 M €2,3 M €2,2 M €1,6 M €1,4 M €1,3 M €1,4 M €1,2 M €1,2 M €998,5 k €843,9 k €721,7 k €744,2 k €659,4 k €547,6 k €
Total assets2,5 M €2,5 M €2,6 M €1,9 M €1,7 M €1,6 M €1,5 M €1,4 M €1,4 M €1,2 M €1,1 M €950,1 k €990,8 k €701,3 k €907,6 k €
Cash812,2 k €467,5 k €432,6 k €270,0 k €590,8 k €688,2 k €326,2 k €213,4 k €450,4 k €370,5 k €201,5 k €176,3 k €154,4 k €201,0 k €302,4 k €
Debts166,3 k €127,7 k €381,1 k €284,8 k €231,6 k €274,4 k €115,8 k €101,0 k €166,2 k €180,4 k €233,8 k €228,4 k €246,6 k €41,8 k €360,0 k €
Other
Workforce1,3 ETP2,0 ETP2,0 ETP1,2 ETP0,2 ETP0,6 ETP1,0 ETP1,0 ETP0,9 ETP1,0 ETP1,0 ETP0,5 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 30/09/2025 · 1 active · 1 ended

Active mandates

Filip Erard

Director · since 19 mars 2007

Active

Ended mandates

Filip Erard

Manager · since 19 mars 2007

Ended
At this address

Other companies at this address

CompanyCBE no.
PATER NOSTER● Active
0807.909.139
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 date27/04/202626/04/202527/04/202404/02/202320/03/202224/04/2021
General meeting30/03/202629/03/202529/03/202402/02/202325/02/202226/03/2021
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 model30/09/202530/03/202627/04/2026DutchPDF
Abridged model30/09/202429/03/202526/04/2025DutchPDF
Abridged model30/09/202329/03/202427/04/2024DutchPDF
Abridged model30/09/202202/02/202304/02/2023DutchPDF
Abridged model30/09/202125/02/202220/03/2022DutchPDF
Abridged model30/09/202026/03/202124/04/2021DutchPDF
Abridged model30/09/201910/01/202030/01/2020DutchPDF
Abridged model30/09/201803/01/201931/01/2019DutchPDF
Abridged model30/09/201702/01/201830/01/2018DutchPDF
Abridged model30/09/201616/12/201605/01/2017DutchPDF
Abridged model30/09/201518/03/201622/03/2016DutchPDF
Abridged model30/09/201420/01/201517/02/2015DutchPDF
Abridged model30/09/201317/01/201414/02/2014DutchPDF
Abridged model30/09/201221/02/201307/03/2013DutchPDF
Abridged model30/09/201126/01/201227/02/2012DutchPDF
Abridged model30/09/201017/12/201020/09/2011DutchPDF
Abridged model30/09/200918/12/200916/03/2010DutchPDF
Abridged model30/09/200819/12/200828/01/2009DutchPDF
Abridged model30/09/200721/12/200731/01/2008DutchPDF
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 30/09/2025 · 1 active · 1 ended

Active mandates

Filip Erard

Director · since 19 mars 2007

Active

Ended mandates

Filip Erard

Manager · since 19 mars 2007

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/01/2010
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/04/2007
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - DOEL
    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 202526,8 k €↓
  2. 2024
    Annual accounts 202461,9 k €↓
  3. 2023
    Annual accounts 2023653,1 k €↑
  4. 2022
    Annual accounts 2022168,7 k €↑
  5. 2021
    Annual accounts 2021107,8 k €↑
  6. 2020
    Annual accounts 202079,2 k €↓
  7. 2019
    Annual accounts 2019105,4 k €↑
  8. 2018
    Annual accounts 201871,0 k €↓
  9. 2017
    Annual accounts 2017178,5 k €↑
  10. 2016
    Annual accounts 2016154,7 k €↑
  11. 2015
    Annual accounts 2015122,2 k €↑
  12. 2014
    Annual accounts 2014-41,3 k €↓
  13. 2012
    Annual accounts 201231,6 k €↓
  14. 2009
    Annual accounts 2009111,8 k €↑
  15. 2008
    Annual accounts 200883,7 k €
  16. 11/10/1999
    IncorporationPrivate limited company