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 37 % of short-term debt in 2023; threshold 65 %.
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Late annual account NBB
Fiscal year 2023 was filed 267 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
EGO-CARS from Vilvoorde, company number BE0655838576, closed financial year 2023 with a result of € 18,615 after tax. For that financial year EGO-CARS recorded a gross margin of € 76,600 and equity of € 106,409. Compared with financial year 2022, the result moved from € -26,062 to € 18,615. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2025.
€ 106,409
▲ 21% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,615
▲ still € 26,062 loss in 2022
Profit after tax over the fiscal year.
€ 43,595
▲ € 34,429 vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 100,209.
People and assets in 2023
€ 39,473
▲ 24% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
€ 172,615
▼ 9% vs 2022
€ 21,778 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 145,397
▲ 136% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 20,570
▲ € 15,536 vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 30,903 | € 17,877 | € 76,600 | ▲ € 58,724 |
| Profit after taxes | € 1,346 | € -26,062 | € 18,615 | ▲ € 44,678 |
| Equity | € 113,855 | € 87,793 | € 106,409 | ▲ 21% |
| Total debts | € 514,957 | € 520,407 | € 651,198 | ▲ 25% |
| Cash | € 10,627 | € 9,167 | € 43,595 | ▲ € 34,429 |
| Land & buildings | € 135,955 | € 136,030 | € 180,797 | ▲ 33% |
| Retained profit | € 107,655 | € 81,593 | € 100,209 | ▲ 23% |
| Bank debt | € 100,863 | € 190,594 | € 172,615 | ▼ 9% |
| Balance sheet total | € 628,812 | € 608,200 | € 757,606 | ▲ 25% |
| Employees (FTE) | 0.5 | 1 | - |
Key figures of EGO-CARS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to EGO-CARS?
What happened at EGO-CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 18,615. filed late Source: NBB ↗
- New establishment in Vilvoorde. KBO
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,346 profit in 2021 to € 18,615 profit in 2023.
Paid € 1,084 in corporate taxes since 2021.
Best year ever: 2023, with € 18,615 profit.
On average € 17,900 of value added per employee in 2022.
Management
Behind EGO-CARS is Egon SARADIDIS.
Directors
According to the 2023 annual accounts
Egon SARADIDIS
Director
Establishments
Establishment units
Physical locations of this company
Engelandlaan 7
1800 Vilvoorde
Buissetstraat (Xavier) 80
1800 Vilvoorde
Active since 1 December 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0655.838.576
- VAT number
- BE 0655.838.576
- Registered office
- Engelandlaan 7, 1800 Vilvoorde
- Names & denominations
- EGO-CARS · BVBA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 2016
- Peppol
- Active · Active since 3 Mar 2026
- Activities · NACE
Wassen en poetsen van motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
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