Active · per the CBE, 29 October 2026
Mandel Car Toerisme logo

Mandel Car Toerisme

BE0405580259

Rechtspersoon Public limited company 1 establishment

Mandel Car Toerisme is a taxi company in Izegem. Public Limited, started on 1 July 1961, 1 establishment.

Prins Albertlaan 78, 8870 Izegem mandelcar.be

Behind the company: Devacon BV.

Active for

65 year, 3 months

Financials

Financial year 2025

Mandel Car Toerisme from Izegem, company number BE0405580259, closed financial year 2025 with a result of € 788,949 after tax. For that financial year Mandel Car Toerisme recorded revenue of € 7.8 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 842,867 to € 788,949. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.

What it is worth Growing

€ 4 million

▲ 34% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 788,949

▼ 6% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 899,960

▲ 25% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 114,508 paid out

15 % of the profit went to the shareholders, mostly to DEVACON (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

57.8

▲ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 3.4 million

▲ 9% vs 2024

€ 59,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 7.9 million

▲ 148% vs 2024

Of which on lease € 6.9 million.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 8.5 million

▲ 267% vs 2024

€ 1.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 286,871

▼ 18% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.

Taxes and wages

€ 509,834

▼ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue - - - € 7,849,815
Gross margin € 2,883,971 € 3,701,374 € 4,757,367 -
Profit after taxes € 459,185 € 440,188 € 842,867 € 788,949 ▼ 6%
Equity € 2,050,026 € 2,340,214 € 3,018,082 € 4,047,170 ▲ 34%
Total debts € 2,742,994 € 3,669,876 € 3,423,621 € 9,497,163 ▲ 177%
Cash € 378,175 € 509,765 € 718,197 € 899,960 ▲ 25%
Land & buildings € 586,000 € 792,030 € 955,971 € 1,814,205 ▲ 90%
Retained profit € 1,988,026 € 2,278,214 € 2,956,082 € 3,630,523 ▲ 23%
Dividend € 300,000 € 150,000 € 165,000 € 114,508 ▼ 31%
Bank debt € 1,796,159 € 2,311,983 € 2,303,628 € 8,462,429 ▲ 267%
Balance sheet total € 4,793,020 € 6,010,090 € 6,441,702 € 13,544,333 ▲ 110%
Employees (FTE) 36.2 55.7 57.6 57.8 ▲ 0.2

Key figures of Mandel Car Toerisme, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Mandel Car Toerisme?

What happened at Mandel Car Toerisme in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 788,949 (▼ 6% vs 2024). Source: NBB ↗
  • Devacon BV became a director. NBB
  • New establishment in Izegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 459,185 profit in 2022 to € 788,949 profit in 2025.

Paid € 209,252 in corporate taxes since 2022.

Best year ever: 2024, with € 842,867 profit.

On average € 82,600 of value added per employee in 2024.

Management

The stake of DEVACON, MANDEL MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Mandel Car Toerisme

Behind Mandel Car Toerisme is Devacon BV. The shares are held by DEVACON (100%) and MANDEL MANAGEMENT (97.6%). It owns 100% of International Tours Oostende itself.

Directors

According to the 2025 annual accounts

Devacon BV

Director · represented by D'Eigens Mark

since 2024

Shareholders

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Prins Albertlaan 78

8870 Izegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

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Certifications & Partners

FEB/VBO

Hosting & Email

Email provider

Self-hosted

Hosting

CLOUDFLARENET - Cloudflare, Inc., US

DNS

Cloudflare DNS

Website info

HTTPS Ja
Languages NL

Features

Ads

Security

✓ HTTPS
✓ SPF
✓ DMARC

Network

✓ IPv6
✓ Load balancing

Details

Company number
0405.580.259
VAT number
BE 0405.580.259
Registered office
Prins Albertlaan 78, 8870 Izegem
Names & denominations
Mandel Car Toerisme
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
1 July 1961
Peppol
Active · Active since 21 Oct 2026
Contact
mandelcar.be
Activities · NACE

Personenvervoer over de weg zonder dienstregeling

Overig vervoer van personen te land

Overig personenvervoer te land, n.e.g.

Personenvervoer over de weg volgens dienstregeling

Stedelijk en voorstedelijk personenvervoer

Frequently asked questions

What does Mandel Car Toerisme do?
Mandel Car Toerisme is a taxi company in Izegem. Public Limited, started on 1 July 1961, 1 establishment.
What is the address of Mandel Car Toerisme?
The registered office of Mandel Car Toerisme is located at Prins Albertlaan 78, 8870 Izegem.
Is Mandel Car Toerisme still active?
Yes. According to the CBE (29 October 2026) Mandel Car Toerisme is active, legal situation “Normale toestand”, started on 1 July 1961.
Is Mandel Car Toerisme registered on Peppol?
Yes, Mandel Car Toerisme is registered on the Peppol network with ID 0208:0405580259.
What is the enterprise number of Mandel Car Toerisme?
The enterprise number of Mandel Car Toerisme is BE0405580259.
When was Mandel Car Toerisme founded?
Mandel Car Toerisme was founded on 1 July 1961.