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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Concar from Gent, company number BE0554702616, closed financial year 2025 with a result of € -904,059 after tax. For that financial year Concar recorded a gross margin of € 263,612 and equity of € 5.2 million. Compared with financial year 2024, the result moved from € -1.5 million to € -904,059. The company made a loss. 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 June 19, 2026.
€ 5.2 million
▲ € 7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -904,059
▲ 38 % less loss than in 2024
Profit after tax over the fiscal year.
€ 867
▲ € 788 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9.7 million.
People and assets in 2025
4.5
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 527,703
▲ 2% vs 2024
€ 117,300 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.
€ 2,728
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 374,818
▼ 89% vs 2024
€ 49,447 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 380,910
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 201,340
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 197,953 | € 54,556 | € -50,283 | € 263,612 | ▲ € 313,895 |
| Profit after taxes | € -876,752 | € -1,111,270 | € -1,469,225 | € -904,059 | ▲ € 565,166 |
| Equity | € 947,755 | € -230,184 | € -1,768,370 | € 5,238,171 | ▲ € 7 million |
| Total debts | € 6,047,180 | € 7,037,933 | € 8,515,250 | € 1,383,603 | ▼ 84% |
| Cash | € 107 | € 153,290 | € 79 | € 867 | ▲ € 788 |
| Retained profit | € -6,167,905 | € -7,279,175 | € -8,748,400 | € -9,652,459 | ▼ € 904,059 |
| Bank debt | € 3,520,689 | € 3,619,899 | € 3,279,809 | € 374,818 | ▼ 89% |
| Balance sheet total | € 6,994,936 | € 6,807,749 | € 6,746,880 | € 6,621,774 | ▼ 2% |
| Employees (FTE) | 3.9 | 3.8 | 4.7 | 4.5 | ▼ 0.2 |
Key figures of Concar, 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 Concar?
What happened at Concar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mandaco BV stepped down as director. NBB
- Nelson Dheedene stepped down as director. NBB
- Mobiman BV stepped down as director. NBB
- Olivier De Clercq stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 904,059. Source: NBB ↗
- Mandaco BV became a director. NBB
- Nelson Dheedene became a director. NBB
- Mobiman BV became a director. NBB
In short
From € 876,752 loss in 2022 to € 904,059 loss in 2025.
Paid € 19 in corporate taxes since 2022.
On average € 58,600 of value added per employee in 2025.
Management
The stake of MAVICO INVESTMENTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ConcarThe shares are held by MAVICO INVESTMENTS (75.8%). It owns 100% of Parkd itself.
Directors
According to the 2025 annual accounts
Director · represented by Karin Koeck
Also active at: Interfuel, Autobus Klein Brabant, Cars Lux, INTRATOURS, AUTOBUS DE SCHELDE, CITRABUS, Servintec, MAVICO INVESTMENTS +3 more
since 2023 · until 2028
since 2022 · until 2028
Director · represented by Christophe De Decker
Also active at: Interfuel, Autobus Klein Brabant, Cars Lux, INTRATOURS, DE DECKER - VAN RIET, AUTOBUS DE SCHELDE, CITRABUS, Servintec +11 more
since 2022 · until 2028
since 2022 · until 2028
Shareholders
75.8%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Vaderlandstraat 112
9000 Gent
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.
Details
- Company number
- 0554.702.616
- VAT number
- BE 0554.702.616
- Registered office
- Vaderlandstraat 112, 9000 Gent
- Names & denominations
- Concar
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 2014
- Peppol
- Active · Active since 14 Jul 2025
- Activities · NACE
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