Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VLACAR from Sint-Gillis-Waas, company number BE0764469668, closed financial year 2025 with a result of € -97,024 after tax. For that financial year VLACAR recorded a gross margin of € -7,977 and equity of € 14,326. Compared with financial year 2024, the result moved from € -14,554 to € -97,024. The company made a loss. The buffer shrank hard: equity is 87 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 14,326
▼ 87% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -97,024
▼ 567 % more loss than in 2024
Profit after tax over the fiscal year.
€ 88
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -185,674.
Debts at end 2025
€ 1.1 million
▲ € 876,654 vs 2024
Loans from banks and other lenders, long and short.
€ 91,085
▲ 117% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,753
▼ 15% 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 | € -23,424 | € -5,982 | € 16,788 | € -7,977 | ▼ € 24,765 |
| Profit after taxes | € -46,831 | € -27,124 | € -14,554 | € -97,024 | ▼ € 82,470 |
| Equity | € 153,169 | € 126,045 | € 111,350 | € 14,326 | ▼ 87% |
| Total debts | € 195,002 | € 273,295 | € 523,205 | € 1,474,283 | ▲ 182% |
| Cash | € 1,092 | € 11,541 | € 685 | € 88 | ▼ 87% |
| Land & buildings | € 338,806 | € 381,741 | € 628,121 | € 1,485,992 | ▲ 137% |
| Retained profit | € -46,831 | € -73,955 | € -88,650 | € -185,674 | ▼ € 97,024 |
| Bank debt | € 102,138 | € 102,138 | € 271,904 | € 1,148,557 | ▲ € 876,654 |
| Balance sheet total | € 348,171 | € 399,340 | € 634,555 | € 1,488,609 | ▲ 135% |
Key figures of VLACAR, 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 VLACAR?
What happened at VLACAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 97,024. filed late Source: NBB ↗
- Vlapex - Ingenieurs- En Expertisebureau BV became a director. NBB
- Cardon & Partners BV became a director. NBB
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,831 loss in 2022 to € 97,024 loss in 2025.
Management
The stake of Cardon & Partners comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VLACARBehind VLACAR are Vlapex - Ingenieurs- En Expertisebureau BV and Cardon & Partners BV. The shares are held by Cardon & Partners (60%).
Directors
According to the 2025 annual accounts
Vlapex - Ingenieurs- En Expertisebureau BV
Director · represented by VAN LANDEGHEM STIJN
since 2024
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kerkstraat(SGW) 1 box 201
9170 Sint-Gillis-Waas
Heerweg(SGW) 1
9170 Sint-Gillis-Waas
Active since 1 March 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
- 0764.469.668
- VAT number
- BE 0764.469.668
- Registered office
- Kerkstraat(SGW) 1 bus 201, 9170 Sint-Gillis-Waas
- Names & denominations
- VLACAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 2021
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van holdings
Holdings
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