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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CARGO SECURING APPLICATIONS from Alveringem, company number BE0651999554, closed financial year 2025 with a result of € 69,109 after tax. For that financial year CARGO SECURING APPLICATIONS recorded a gross margin of € 133,565 and equity of € 195,354. Compared with financial year 2024, the result moved from € 37,044 to € 69,109. 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 March 9, 2026.
€ 195,354
▲ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,109
▲ 87% vs 2024
Profit after tax over the fiscal year.
€ 73,475
▲ 46% 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 € 165,354.
People and assets in 2025
€ 3,771
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 34,841
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,229
▼ 56% 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 | € 49,862 | € 79,681 | € 81,413 | € 133,565 | ▲ 64% |
| Profit after taxes | € 22,151 | € 37,535 | € 37,044 | € 69,109 | ▲ 87% |
| Equity | € 51,666 | € 89,201 | € 126,245 | € 195,354 | ▲ 55% |
| Total debts | € 178,215 | € 221,881 | € 224,516 | € 211,295 | ▼ 6% |
| Cash | € 71,282 | € 129,056 | € 50,277 | € 73,475 | ▲ 46% |
| Retained profit | € 21,666 | € 59,201 | € 96,245 | € 165,354 | ▲ 72% |
| Bank debt | € 70 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 229,881 | € 311,083 | € 350,761 | € 406,650 | ▲ 16% |
Key figures of CARGO SECURING APPLICATIONS, 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 CARGO SECURING APPLICATIONS?
What happened at CARGO SECURING APPLICATIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 69,109 (▲ 87% vs 2024). Source: NBB ↗
- New establishment in Alveringem. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,151 profit in 2022 to € 69,109 profit in 2025.
Paid € 72,388 in corporate taxes since 2022.
Best year ever: 2025, with € 69,109 profit.
Management
Behind CARGO SECURING APPLICATIONS are CHRISTIAN MOENECLAEY and FREDERIC TANGHE.
Directors
According to the 2025 annual accounts
CHRISTIAN MOENECLAEY
Director
FREDERIC TANGHE
Director
Establishments
Establishment units
Physical locations of this company
Izenbergestraat 35
8691 Alveringem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0651.999.554
- VAT number
- BE 0651.999.554
- Registered office
- Izenbergestraat 35, 8691 Alveringem
- Names & denominations
- CARGO SECURING APPLICATIONS · CSA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2016
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
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