Financials
Financial year 2025
BELCAR from Aartselaar, company number BE0431688008, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year BELCAR recorded revenue of € 54.4 million and equity of € 10.8 million. Compared with financial year 2024, the result moved from € 2.7 million to € 1.8 million. The company is profitable. 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 December 17, 2025.
€ 10.8 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 4.3 million
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
82 % of the profit went to the shareholders, mostly to BEERENS GROEP (100 % of the shares). That is where the money ends up.
People and assets in 2025
85.8
▲ 16.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.3 million
▲ 28% vs 2024
€ 61,600 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.
€ 2.9 million
▲ € 2.2 million vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.2 million
▲ 54% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 3.3 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 24 days on average.
€ 690,875
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 38,124,192 | € 53,415,700 | € 68,888,492 | € 54,364,316 | ▼ 21% |
| Profit after taxes | € -509,000 | € 1,108,351 | € 2,716,842 | € 1,823,008 | ▼ 33% |
| Equity | € 7,672,875 | € 8,776,226 | € 10,490,151 | € 10,813,159 | ▲ 3% |
| Total debts | € 14,361,107 | € 25,187,101 | € 10,502,864 | € 13,813,970 | ▲ 32% |
| Cash | € 579,112 | € 2,687,995 | € 5,396,392 | € 4,294,900 | ▼ 20% |
| Land & buildings | € 243,131 | € 264,187 | € 446,878 | € 403,211 | ▼ 10% |
| Retained profit | € 6,774,708 | € 7,883,059 | € 9,599,901 | € 9,922,909 | ▲ 3% |
| Dividend | € 0 | € 0 | € 1,000,000 | € 1,500,000 | ▲ 50% |
| Bank debt | € 7,344,576 | € 9,621,083 | € 2,704,108 | € 4,152,244 | ▲ 54% |
| Balance sheet total | € 22,492,213 | € 34,813,251 | € 21,978,123 | € 25,779,427 | ▲ 17% |
| Employees (FTE) | 50.1 | 51.1 | 69.1 | 85.8 | ▲ 16.7 |
Key figures of BELCAR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BELCAR?
What happened at BELCAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Koen Van den Bergh BV stepped down as director. NBB
- Beerens Groep NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.8 million (▼ 33% vs 2024). Source: NBB ↗
- Koen Van den Bergh BV became a director. NBB
- New establishment in Antwerpen. KBO
- Beerens Groep NV became a director. NBB
- New establishment in Aartselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 509,000 loss in 2022 to € 1.8 million profit in 2025.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.7 million profit.
Paid out € 2.5 million in dividends to the owners in total.
Management
The stake of BEERENS GROEP, HET BESTE BROOD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELCARThe shares are held by BEERENS GROEP (100%) and HET BESTE BROOD (0%).
Directors
According to the 2025 annual accounts
Managing director · represented by Erwin Beerens
Also active at: Raymond Ruys et Fils, Scheerders van Kerchove's Verenigde Fabrieken, Indimmob, WILLY DEPAGE, LEMICO, TB, AUTOGLAS - SHOP, D.M. Invest +12 more
since 2020 · until 2026
Managing director · represented by Koen Van den Bergh
Also active at: BEERENS GROEP, Raymond Ruys et Fils, Scheerders van Kerchove's Verenigde Fabrieken, Indimmob, WILLY DEPAGE, LEMICO, TB, AUTOGLAS - SHOP +14 more
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bist 12
2630 Aartselaar
Noorderlaan 75
2030 Antwerpen
Active since 9 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →CARROSSERIE BEERENS same network
€ 1.5 million gross margin · 2025
ISUZU MOTORS EUROPE
€ 66 million revenue · 2026
QUADRIGA CAR RETAIL same network
€ 62.8 million revenue · 2025
Autorola
€ 2.4 million gross margin · 2025
BELCAR RENT same network
€ 139.1 million revenue · 2025
+1 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
- 0431.688.008
- VAT number
- BE 0431.688.008
- Registered office
- Bist 12, 2630 Aartselaar
- Names & denominations
- BELCAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 August 1987
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Verhuur van auto's
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Groothandel in motorfietsen, delen en toebehoren van motorfietsen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling en groothandel in motorfietsen en delen en toebehoren van motorfietsen
+1