ACTIVE

CARFRIG

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Financial year 2025 · closed on 31/12/2025

Net result

387,8 k €

-39.6% YoY

Gross margin

1,9 M €

-3.1% YoY

Equity

1,4 M €

+15.3% YoY

Workforce

9,7 ETP

0.0% YoY

What does CARFRIG do?

CARFRIG is a Private company with limited liability incorporated in 2012. Its main activity is: Sale of other motor vehicles. Its registered office is in Gent. It employs on average 9,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0845.916.115

Incorporation

14/05/2012

Legal form

Private company with limited liability

Registered office

Industriepark-Drongen 2
9031 Gent · FlandreSee on map

Contributed capital

33 000,00 €

Latest accounts

31/12/2025

Average workforce

9,7 ETP

Activities (NACE)

45191Sale of other motor vehicles· main 45201Maintenance and repair of motor vehicles 46712Wholesale of solid, liquid and gaseous fuels and related products 95311Repair of computers and personal and household goods 77110Rental and leasing of cars and light motor vehicles 77110Rental and leasing of cars and light motor vehicles

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2014		2013
Income statement
Gross margin	1,9 M €	-3.1%	2 M €	+6.4%	1,9 M €	+37.7%	1,4 M €	+48.4%	925,4 k €	-8.0%	1 M €	+19.2%	843,1 k €	-24.6%	1,1 M €	+17.8%	949,1 k €	+505%	157 k €	+55.0%	101,3 k €
EBITDA	1 M €	-16.1%	1,2 M €	+5.7%	1,1 M €	+69.7%	674,8 k €	+41.6%	476,4 k €	-18.1%	581,8 k €	+25.8%	462,6 k €	-42.9%	810,1 k €	+12.6%	719,7 k €	+362%	155,8 k €	+56.1%	99,8 k €
Operating result	498,3 k €	-27.8%	689,8 k €	-0.3%	691,6 k €	+118%	317,7 k €	-21.1%	402,7 k €	+0.8%	399,7 k €	+55.0%	257,9 k €	-51.2%	528,1 k €	+27.5%	414,3 k €	+254%	116,9 k €	+887%	11,8 k €
Net result	387,8 k €	-39.6%	641,6 k €	-2.2%	656,2 k €	+131%	283,8 k €	-18.5%	348,1 k €	+9.4%	318 k €	+56.0%	203,9 k €	-47.6%	389,1 k €	+32.8%	292,9 k €	+160%	112,6 k €	+1264%	8,3 k €
Balance sheet
Equity	1,4 M €	+15.3%	1,2 M €	+3.5%	1,2 M €	+5.0%	1,1 M €	+3.1%	1,1 M €	+15.7%	944,9 k €	+30.0%	726,9 k €	+16.7%	622,9 k €	+86.6%	333,8 k €	+415%	64,9 k €	+57.3%	41,3 k €
Total assets	3,3 M €	+2.5%	3,2 M €	-3.6%	3,3 M €	+7.0%	3,1 M €	+78.6%	1,7 M €	+14.8%	1,5 M €	+11.0%	1,3 M €	-2.2%	1,4 M €	-1.0%	1,4 M €	+697%	174,9 k €	-11.3%	197,1 k €
Cash	250,3 k €	+118%	115,1 k €	-77.8%	518,7 k €	-9.3%	571,9 k €	+3.4%	553,2 k €	+16.3%	475,5 k €	+725%	57,6 k €	+146%	23,5 k €	+21.9%	19,2 k €	-61.4%	49,8 k €	+130%	21,7 k €
Debts	1,8 M €	-8.0%	1,9 M €	-9.3%	2,1 M €	+7.9%	1,9 M €	+210%	627,9 k €	+13.4%	553,5 k €	-11.1%	622,8 k €	-17.7%	756,7 k €	-28.6%	1,1 M €	+888%	107,3 k €	-31.2%	155,9 k €
Other
Workforce	9,7 ETP	0.0%	9,7 ETP	0.0%	9,7 ETP	+6.6%	9,1 ETP	+30.0%	7,0 ETP	-10.3%	7,8 ETP	+36.8%	5,7 ETP	+23.9%	4,6 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Bart Matthys

Director

Active

Joris Matthys

Director

Active

Ended mandates

Bart Matthys

Manager · since 12 mai 2012

Ended

Joris Matthys

Manager · since 12 mai 2012

Ended

Bart MATTHYS

Manager

Ended

Joris MATTHYS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CARMAT● Active	0892.468.294
CARROSSERIE MATTHYS● Active	0445.751.820
COLDIMMO● Active	0726.871.379
TRIMATT● Active	0659.693.634

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	22/06/2026	03/07/2025	29/08/2024	29/04/2024	17/06/2022	07/07/2021
General meeting	12/06/2026	13/06/2025	26/07/2024	09/06/2023	10/06/2022	11/06/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	26/07/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	29/04/2024	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	17/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	07/07/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	26/06/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	21/06/2019	Dutch	PDF
Micro model	31/12/2017	08/06/2018	22/06/2018	Dutch	PDF
Micro model	31/12/2016	09/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	04/10/2016	Dutch	PDF
Abridged model	31/12/2014	20/02/2015	02/03/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	17/07/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 4 ended

Active mandates

Bart Matthys

Director

Active

Joris Matthys

Director

Active

Ended mandates

Bart Matthys

Manager · since 12 mai 2012

Ended

Joris Matthys

Manager · since 12 mai 2012

Ended

Bart MATTHYS

Manager

Ended

Joris MATTHYS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other16/05/2012
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025387,8 k €↓
2024
Annual accounts 2024641,6 k €↓
2023
Annual accounts 2023656,2 k €↑
2022
Annual accounts 2022283,8 k €↓
2021
Annual accounts 2021348,1 k €↑
2020
Annual accounts 2020318 k €↑
2019
Annual accounts 2019203,9 k €↓
2018
Annual accounts 2018389,1 k €↑
2017
Annual accounts 2017292,9 k €↑
2014
Annual accounts 2014112,6 k €↑
2013
Annual accounts 20138,3 k €
14/05/2012
IncorporationPrivate company with limited liability

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

CARFRIG

Overview

What does CARFRIG do?

Trend over 11 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