Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CARCONNEX from Tienen, company number BE0860353277, closed financial year 2025 with a result of € 986,197 after tax. For that financial year CARCONNEX recorded revenue of € 126.4 million and equity of € 9 million. Compared with financial year 2024, the result moved from € 103,223 to € 986,197. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ 9 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 986,197
▲ € 882,974 vs 2024
Profit after tax over the fiscal year.
€ 102,993
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 670,000 paid out
68 % of the profit went to the shareholders, mostly to CAFIMO (100 % of the shares). That is where the money ends up.
People and assets in 2025
11.8
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 982,133
▲ 12% vs 2024
€ 83,200 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.
€ 328,518
▼ 55% vs 2024
Of which on lease € 31,392.
Debts at end 2025
€ 8 million
▲ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 573,373
▲ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 2 days on average.
€ 165,384
▲ 50% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 162,438,781 | € 149,330,065 | € 114,153,961 | € 126,353,692 | ▲ 11% |
| Profit after taxes | € 4,552,517 | € -2,650,114 | € 103,223 | € 986,197 | ▲ € 882,974 |
| Equity | € 12,692,645 | € 7,542,531 | € 9,145,754 | € 9,002,661 | ▼ 2% |
| Total debts | € 29,614,131 | € 14,665,219 | € 7,916,944 | € 9,468,458 | ▲ 20% |
| Cash | € 180,905 | € 138,578 | € 122,299 | € 102,993 | ▼ 16% |
| Retained profit | € 12,627,645 | € 7,477,531 | € 7,580,754 | € 7,514,064 | ▼ 1% |
| Dividend | € 2,052,517 | € 2,500,000 | € 0 | € 670,000 | |
| Bank debt | € 23,994,665 | € 13,982,185 | € 7,397,681 | € 8,030,257 | ▲ 9% |
| Balance sheet total | € 42,306,776 | € 22,207,750 | € 17,062,698 | € 18,471,119 | ▲ 8% |
| Employees (FTE) | 13.8 | 14.6 | 11.3 | 11.8 | ▲ 0.5 |
Key figures of CARCONNEX, 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 March 2027.
What happened to CARCONNEX?
What happened at CARCONNEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mika Consulting BV stepped down as director. NBB
- JVMS BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 986,197 (▲ € 882,974 vs 2024). Source: NBB ↗
- Mika Consulting BV became a director. NBB
- Kathelijne Mathues stepped down as director. NBB
- JVMS BV became a director. NBB
- Kathelijne Mathues became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4.6 million profit in 2022 to € 986,197 profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 4.6 million profit.
Paid out € 5.2 million in dividends to the owners in total.
A new publication or filing at CARCONNEX? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by CAFIMO (100%). It owns 100% of Carconnex Hong Kong Limited itself.
Directors
According to the 2025 annual accounts
Director · represented by Kathelijne Mathues
Also active at: CAFIMO, CAFIDI, Stockcoach Automotive Marketplace
since 2025 · until 2031
Managing director · represented by Vanhumbeeck Joeri
Owns 86.3% via CAFIMO
Also active at: CAFIMO, STELIMO, Stockcoach Automotive Marketplace
since 2020 · until 2026
since 2020 · until 2025
Shareholders
CAFIMO · holding of JVMS BV
100%
Participations
Carconnex Hong Kong Limited
100%
Establishments
Establishment units
Physical locations of this company
Grijpenlaan 19
3300 Tienen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →CAFIMO same network
€ 22,299 revenue · 2025
CAFIDI same network
€ -2,779 gross margin · 2025
OPENLANE Europe
€ 1.4 billion revenue · 2025
STELIMO same network
€ 82 gross margin · 2025
VATT
€ 221,494 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
DNS
TransIP DNS
Website info
Features
Security
Details
- Company number
- 0860.353.277
- VAT number
- BE 0860.353.277
- Registered office
- Grijpenlaan 19, 3300 Tienen
- Names & denominations
- CARCONNEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2003
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- carconnex.be
- Activities · NACE
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling in motorvoertuigen
+1