What does CARGO SERVICE do?

CARGO SERVICE is a repair service in Kalmthout. Public Limited, started on 14 January 1991, 1 establishment.

What is the address of CARGO SERVICE?

The registered office of CARGO SERVICE is located at Galgenheiken(C) 8, 2920 Kalmthout.

Is CARGO SERVICE still active?

Yes. According to the CBE (29 October 2026) CARGO SERVICE is active, legal situation “Normale toestand”, started on 14 January 1991.

Is CARGO SERVICE registered on Peppol?

Yes, CARGO SERVICE is registered on the Peppol network with ID 0208:0442431747.

What is the enterprise number of CARGO SERVICE?

The enterprise number of CARGO SERVICE is BE0442431747.

When was CARGO SERVICE founded?

CARGO SERVICE was founded on 14 January 1991.

Who are the directors of CARGO SERVICE?

According to the 2025 annual accounts, the directors of CARGO SERVICE are: FELO NV NV, KARO V BV.

Is CARGO SERVICE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 January 1991; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did CARGO SERVICE make in 2025?

CARGO SERVICE posted a profit after taxes of € 64,227 in financial year 2025.

What is the revenue of CARGO SERVICE?

As a small company, CARGO SERVICE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 383,888.

How much does an employee at CARGO SERVICE earn?

The average wage cost per full-time employee at CARGO SERVICE was € 51,400 in 2025: staff costs of € 221,100 for 4.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CARGO SERVICE have?

According to the 2025 annual accounts, CARGO SERVICE has 4.3 full-time equivalents (FTE).

CARGO SERVICE (Public Limited) - Kalmthout - BE0442431747

Dossier CARGO SERVICE, printed on 29 October 2026 from databakkes.be/en/0442431747/cargo-service. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CARGO SERVICE from Kalmthout, company number BE0442431747, closed financial year 2025 with a result of € 64,227 after tax. For that financial year CARGO SERVICE recorded a gross margin of € 383,888 and equity of € 447,568. Compared with financial year 2024, the result moved from € 86,959 to € 64,227. 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 April 27, 2026.

What it is worth Growing

€ 447,568

▲ 17% vs 2024

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

Profit Healthy

€ 64,227

▼ 26% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 266,975

▲ 1% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 382,568.

People and assets in 2025

Full-time equivalents

4.3

▼ 1.8 vs 2024

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

Wage cost

€ 221,100

▼ 20% vs 2024

€ 51,400 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

€ 28,889

▲ € 27,546 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 677,430

▼ 11% vs 2024

€ 65,081 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 85,167

▼ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 26,949

▼ 5% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 302,157 Gross margin 2022: € 302,157 First fiscal year in the series	€ 303,857 Gross margin 2023: € 303,857 ▲ 1% vs 2022 (€ 302,157) Favourable step	€ 462,523 Gross margin 2024: € 462,523 ▲ 52% vs 2023 (€ 303,857) Favourable step	€ 383,888 Gross margin 2025: € 383,888 ▼ 17% vs 2024 (€ 462,523) Unfavourable step	▼ 17%
Profit after taxes	€ -362 Profit after taxes 2022: € -362 First fiscal year in the series	€ -2,568 Profit after taxes 2023: € -2,568 ▼ € 2,206 vs 2022 (€ -362) Unfavourable step	€ 86,959 Profit after taxes 2024: € 86,959 ▲ € 89,527 vs 2023 (€ -2,568) Favourable step	€ 64,227 Profit after taxes 2025: € 64,227 ▼ 26% vs 2024 (€ 86,959) Unfavourable step	▼ 26%
Equity	€ 298,950 Equity 2022: € 298,950 First fiscal year in the series	€ 296,382 Equity 2023: € 296,382 ▼ 1% vs 2022 (€ 298,950) Unfavourable step	€ 383,341 Equity 2024: € 383,341 ▲ 29% vs 2023 (€ 296,382) Favourable step	€ 447,568 Equity 2025: € 447,568 ▲ 17% vs 2024 (€ 383,341) Favourable step	▲ 17%
Total debts	€ 1,000,623 Total debts 2022: € 1,000,623 First fiscal year in the series	€ 1,011,166 Total debts 2023: € 1,011,166 ▲ 1% vs 2022 (€ 1,000,623) Unfavourable step	€ 992,874 Total debts 2024: € 992,874 ▼ 2% vs 2023 (€ 1,011,166) Favourable step	€ 883,455 Total debts 2025: € 883,455 ▼ 11% vs 2024 (€ 992,874) Favourable step	▼ 11%
Cash	€ 82,805 Cash 2022: € 82,805 First fiscal year in the series	€ 109,720 Cash 2023: € 109,720 ▲ 33% vs 2022 (€ 82,805) Favourable step	€ 264,628 Cash 2024: € 264,628 ▲ 141% vs 2023 (€ 109,720) Favourable step	€ 266,975 Cash 2025: € 266,975 ▲ 1% vs 2024 (€ 264,628) Favourable step	▲ 1%
Land & buildings	€ 996,657 Land & buildings 2022: € 996,657 First fiscal year in the series	€ 954,531 Land & buildings 2023: € 954,531 ▼ 4% vs 2022 (€ 996,657) Unchanged	€ 939,006 Land & buildings 2024: € 939,006 ▼ 2% vs 2023 (€ 954,531) Unchanged	€ 894,165 Land & buildings 2025: € 894,165 ▼ 5% vs 2024 (€ 939,006) Unchanged	▼ 5%
Retained profit	€ 233,950 Retained profit 2022: € 233,950 First fiscal year in the series	€ 231,382 Retained profit 2023: € 231,382 ▼ 1% vs 2022 (€ 233,950) Unfavourable step	€ 318,341 Retained profit 2024: € 318,341 ▲ 38% vs 2023 (€ 231,382) Favourable step	€ 382,568 Retained profit 2025: € 382,568 ▲ 20% vs 2024 (€ 318,341) Favourable step	▲ 20%
Bank debt	€ 885,003 Bank debt 2022: € 885,003 First fiscal year in the series	€ 825,183 Bank debt 2023: € 825,183 ▼ 7% vs 2022 (€ 885,003) Favourable step	€ 762,567 Bank debt 2024: € 762,567 ▼ 8% vs 2023 (€ 825,183) Favourable step	€ 677,430 Bank debt 2025: € 677,430 ▼ 11% vs 2024 (€ 762,567) Favourable step	▼ 11%
Balance sheet total	€ 1,299,573 Balance sheet total 2022: € 1,299,573 First fiscal year in the series	€ 1,307,548 Balance sheet total 2023: € 1,307,548 ▲ 1% vs 2022 (€ 1,299,573) Unchanged	€ 1,376,215 Balance sheet total 2024: € 1,376,215 ▲ 5% vs 2023 (€ 1,307,548) Unchanged	€ 1,331,023 Balance sheet total 2025: € 1,331,023 ▼ 3% vs 2024 (€ 1,376,215) Unchanged	▼ 3%
Employees (FTE)	5 Employees (FTE) 2022: 5 First fiscal year in the series	5 Employees (FTE) 2023: 5 Unchanged (5) Unchanged	6.1 Employees (FTE) 2024: 6.1 ▲ 1.1 vs 2023 (5) Unchanged	4.3 Employees (FTE) 2025: 4.3 ▼ 1.8 vs 2024 (6.1) Unchanged	▼ 1.8

Key figures of CARGO SERVICE, 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 April 2027.

What happened to CARGO SERVICE?

What happened at CARGO SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 27, 2026 New annual accounts for financial year 2025: profit of € 64,227 (▼ 26% vs 2024). Source: NBB ↗
2020 FELO NV NV became a director. NBB
2013 KARO V BV became a director. NBB
Jan 29, 1991 New establishment in Kalmthout. KBO
Jan 14, 1991 Start of the company according to the CBE. KBO

In short

From € 362 loss in 2022 to € 64,227 profit in 2025.

Paid € 51,669 in corporate taxes since 2022.

Best year ever: 2024, with € 86,959 profit.

On average € 89,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

FELO 98.4%

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

CARGO SERVICE

Behind CARGO SERVICE are FELO NV NV and KARO V BV. The shares are held by FELO (98.4%).

Directors

According to the 2025 annual accounts

FELO NV NV

Director · represented by Vander Veken Ronald Jozef

since 2020

KARO V BV

Managing director · represented by Vander Veken Katleen

since 2013

Shareholders

FELO

98.4%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Galgenheiken(C) 8

2920 Kalmthout

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 →

FELO same network

€ 2,463 gross margin · 2026

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

Details

Company number

0442.431.747

VAT number

BE 0442.431.747

Registered office

Galgenheiken(C) 8, 2920 Kalmthout

Names & denominations

CARGO SERVICE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

14 January 1991

Peppol

Active · Active since 29 Sept 2025

Activities · NACE

Carrosserieherstelling (inclusief spuiten en verven)

Onderhoud en reparatie van auto's

Carrosserieherstelling

View on CBE Public ↗ Annual accounts (NBB) ↗

CARGO SERVICE

Financials

What happened to CARGO SERVICE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions