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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GANDACARS from Gent, company number BE0412751529, closed financial year 2025 with a result of € 469,185 after tax. For that financial year GANDACARS recorded a gross margin of € 2.7 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -475,880 to € 469,185. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 2.6 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 469,185
▲ still € 475,880 loss in 2024
Profit after tax over the fiscal year.
€ 628,219
▲ 148% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.5 million.
People and assets in 2025
21.1
▼ 21.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 42% vs 2024
€ 79,300 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.
€ 117,005
▼ 92% vs 2024
Of which on lease € 9,411.
Debts at end 2025
€ 2.3 million
▼ 37% vs 2024
€ 308,514 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 36,790
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 181,368
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,449,781 | € 3,232,773 | € 3,055,857 | € 2,674,670 | ▼ 12% |
| Profit after taxes | € -344,099 | € 53,281 | € -475,880 | € 469,185 | ▲ € 945,065 |
| Equity | € 2,593,161 | € 2,646,442 | € 2,170,562 | € 2,639,747 | ▲ 22% |
| Total debts | € 3,818,643 | € 3,962,417 | € 4,666,093 | € 2,580,420 | ▼ 45% |
| Cash | € 200,408 | € 442,418 | € 253,380 | € 628,219 | ▲ 148% |
| Land & buildings | € 3,345,222 | € 3,237,558 | € 3,112,228 | € 2,914,115 | ▼ 6% |
| Retained profit | € 2,444,425 | € 2,497,706 | € 2,021,826 | € 2,491,011 | ▲ 23% |
| Dividend | € 79,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 3,075,876 | € 3,192,230 | € 3,690,832 | € 2,309,507 | ▼ 37% |
| Balance sheet total | € 6,785,597 | € 6,961,304 | € 7,167,752 | € 5,529,916 | ▼ 23% |
| Employees (FTE) | 36.4 | 37.4 | 42.3 | 21.1 | ▼ 21.2 |
Key figures of GANDACARS, 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 GANDACARS?
What happened at GANDACARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 469,185. Source: NBB ↗
- Sanou BV became a director. NBB
- Philippe Braet became a director. NBB
- Brasil BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 344,099 loss in 2022 to € 469,185 profit in 2025.
Paid € 59,113 in corporate taxes since 2022.
Best year ever: 2025, with € 469,185 profit.
On average € 126,800 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GANDACARS are Philippe Braet, Brasil BV and Sanou BV. Philippe Braet is also behind BRASIL.
Establishments
Establishment units
Physical locations of this company
Industrieweg 18 box E
9032 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →I.C.P.
€ 41,130 gross margin · 2025
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€ 851,252 gross margin · 2025
Werken-Vlaanderen
€ 7 million gross margin · 2025
TRANSPORT VLAANDEREN
€ 1.9 million gross margin · 2025
BOUW-VLAANDEREN
€ 97,553 gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.751.529
- VAT number
- BE 0412.751.529
- Registered office
- Industrieweg 18 bus E, 9032 Gent
- Names & denominations
- GANDACARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 1972
- Peppol
- Active · Active since 17 Oct 2025
- Contact
- gandacars.online [email protected]
- Activities · NACE
Personenvervoer over de weg zonder dienstregeling
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Detailhandel in motorbrandstoffen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Onderhoud en reparatie van auto's
+2