Warning lights
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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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KARGO from Sint-Genesius-Rode, company number BE0467190897, closed financial year 2025 with a result of € -204,160 after tax. For that financial year KARGO recorded a gross margin of € 393,239 and equity of € 309,340. Compared with financial year 2024, the result moved from € 134,713 to € -204,160. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 309,340
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -204,160
▼ still € 134,713 profit in 2024
Profit after tax over the fiscal year.
€ 45
▼ € 13,385 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 253,564.
People and assets in 2025
€ 140
▼ 47% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,715
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.5 million
▲ 7% vs 2024
€ 657,553 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 124,724
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,788
▲ 244% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 515,608 | € 534,674 | € 723,175 | € 393,239 | ▼ 46% |
| Profit after taxes | € 17,354 | € 52,164 | € 134,713 | € -204,160 | ▼ € 338,873 |
| Equity | € 326,623 | € 378,787 | € 513,499 | € 309,340 | ▼ 40% |
| Total debts | € 4,466,966 | € 4,349,689 | € 5,164,344 | € 5,339,430 | ▲ 3% |
| Cash | € 4,233 | € 5,880 | € 13,429 | € 45 | ▼ € 13,385 |
| Land & buildings | € 2,967,934 | € 2,970,986 | € 4,123,482 | € 4,157,061 | ▲ 1% |
| Retained profit | € 270,847 | € 323,011 | € 457,723 | € 253,564 | ▼ 45% |
| Bank debt | € 3,904,275 | € 4,081,775 | € 4,247,744 | € 4,541,444 | ▲ 7% |
| Balance sheet total | € 4,917,476 | € 4,844,650 | € 5,847,016 | € 5,808,926 | ▼ 1% |
Key figures of KARGO, 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 KARGO?
What happened at KARGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 204,160 (▼ € 338,873 vs 2024). Source: NBB ↗
- New establishment in Sint-Genesius-Rode. KBO
- Start of the company according to the CBE. KBO
- Steven Wilfried Winderickx became a director. NBB
In short
From € 17,354 profit in 2022 to € 204,160 loss in 2025.
Paid € 34,703 in corporate taxes since 2022.
Best year ever: 2024, with € 134,713 profit.
Management
Behind KARGO is Steven Wilfried Winderickx. Steven Wilfried Winderickx is also behind Rekreatie-Investering, VANALSEM, STEERIM, ROOS and Architectuurburo BOFA.
Directors
According to the 2025 annual accounts
Steven Wilfried Winderickx
Manager
Also active at: Rekreatie-Investering, VANALSEM, STEERIM, ROOS, Architectuurburo BOFA, BOFA-CONCEPT
since 1999
Establishments
Establishment units
Physical locations of this company
Hallesesteenweg 158
1640 Sint-Genesius-Rode
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Rekreatie-Investering same network
€ 144,922 gross margin · 2025
VANALSEM same network
€ 72,524 gross margin · 2025
BORREVELD
€ 214,585 gross margin · 2026
STEERIM same network
€ 723,394 gross margin · 2025
THE KITCHEN COMPANY
€ 12.9 million revenue · 2025
+6 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
- 0467.190.897
- VAT number
- BE 0467.190.897
- Registered office
- Hallesesteenweg 158, 1640 Sint-Genesius-Rode
- Names & denominations
- KARGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 1999
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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