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 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CARTS from Tremelo, company number BE0837602126, closed financial year 2025 with a result of € 192,924 after tax. For that financial year CARTS recorded a gross margin of € 448,850 and equity of € 810,199. Compared with financial year 2024, the result moved from € 218,691 to € 192,924. The company is profitable. 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 February 18, 2026.
€ 810,199
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 192,924
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 85,410
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 71,690 paid out
37 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 197,005
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 875,537
▼ 14% vs 2024
€ 124,937 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 9,306
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 116,738
▲ 23% 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 | € 270,988 | € 361,783 | € 419,573 | € 448,850 | ▲ 7% |
| Profit after taxes | € 130,830 | € 173,199 | € 218,691 | € 192,924 | ▼ 12% |
| Equity | € 341,390 | € 504,819 | € 688,965 | € 810,199 | ▲ 18% |
| Total debts | € 343,142 | € 1,148,131 | € 1,532,379 | € 1,094,986 | ▼ 29% |
| Cash | € 19,620 | € 93,558 | € 258,932 | € 85,410 | ▼ 67% |
| Land & buildings | € 345,553 | € 962,840 | € 1,359,214 | € 1,447,805 | ▲ 7% |
| Retained profit | € 331,670 | € 495,099 | € 679,245 | € 800,479 | ▲ 18% |
| Dividend | € 3,500 | € 0 | € 34,545 | € 71,690 | ▲ 108% |
| Bank debt | € 226,924 | € 633,156 | € 1,014,267 | € 875,537 | ▼ 14% |
| Balance sheet total | € 684,532 | € 1,652,950 | € 2,221,344 | € 1,905,185 | ▼ 14% |
By gross margin, CARTS ranks 45th of 158 companies with main activity “Logistieke diensten” in Flemish Brabant that publish figures (fiscal year 2025).
Key figures of CARTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about CARTS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to CARTS?
What happened at CARTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 192,924 (▼ 12% vs 2024). filed late Source: NBB ↗
- Capital increase of € 11,100, published in the Gazette. Source: Staatsblad ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Tremelo. KBO
In short
From € 130,830 profit in 2022 to € 192,924 profit in 2025.
Paid € 343,926 in corporate taxes since 2022.
Best year ever: 2024, with € 218,691 profit.
Paid out € 109,735 in dividends to the owners in total.
Management
Behind CARTS is Steve Elshoght.
Directors
According to the 2025 annual accounts
Steve Elshoght
Director
Establishments
Establishment units
Physical locations of this company
Rozendal 29c
3128 Tremelo
Rozendal 29C
3128 Tremelo
Active since 6 July 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Steve Elshoght(vennoot-zaakvoerder) 50%
- Dimitri Hendrickx(vennoot-zaakvoerder) 50%
Details
- Company number
- 0837.602.126
- VAT number
- BE 0837.602.126
- Registered office
- Rozendal 29c, 3128 Tremelo
- Names & denominations
- CARTS · Beleza Empire
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2011
- Peppol
- Active · Active since 21 Sept 2025
- Contact
- ontstickeren.be +32468117189
- Activities · NACE
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