CARGOBASE
ActiveSummary
CARGOBASE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.32M and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 73% of 8095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-13
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 4.09 against 4.77 in 2023; short-term debt: 22.9% and cash: 71.2% of total assets), and 23% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
77%
Return on assets
0.4%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €1.32M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
22 d early
2022
26 d early
2021
4 d early
2020
46 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.32M▲ 0.9%
2023 · €1.30M
2018: €78klowest in 7 years
2019: €137k▲ +75.8% vs 2018
2020: €159k▲ +16.8% vs 2019
2021: €159k● +0.0% vs 2020
2022: €1.17M▲ +634% vs 2021
2023: €1.30M▲ +11.4% vs 2022
2024: €1.32M▲ +0.9% vs 2023highest in 7 years
2018 → 2024
Total assets
€1.71M▲ 2.1%
2023 · €1.67M
2018: €725k
2019: €636k▼ -12.2% vs 2018
2020: €383k▼ -39.9% vs 2019lowest in 7 years
2021: €1.24M▲ +224% vs 2020
2022: €1.74M▲ +40.6% vs 2021highest in 7 years
2023: €1.67M▼ -3.9% vs 2022
2024: €1.71M▲ +2.1% vs 2023
2018 → 2024
Net result
€6k▼ 96.5%
2023 · €174k
2018: €173k
2019: €169k▼ -2.4% vs 2018
2020: €53k▼ -68.7% vs 2019
2021: €395k▲ +647% vs 2020
2022: €1.01M▲ +156% vs 2021highest in 7 years
2023: €174k▼ -82.8% vs 2022
2024: €6k▼ -96.5% vs 2023lowest in 7 years
2018 → 2024
Working capital
€1.21M▼ 0.1%
2023 · €1.21M
2018: €55klowest in 7 years
2019: €91k▲ +66.8% vs 2018
2020: €123k▲ +35.2% vs 2019
2021: €98k▼ -21.0% vs 2020
2022: €1.06M▲ +987% vs 2021
2023: €1.21M▲ +14.4% vs 2022highest in 7 years
2024: €1.21M▼ -0.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€159k-€159k=€1.17M▲ 634%€1.30M▲ 11.4%€1.32M▲ 0.9%
2020: €159klowest in 5 years
2021: €159k● +0.0% vs 2020
2022: €1.17M▲ +634% vs 2021
2023: €1.30M▲ +11.4% vs 2022
2024: €1.32M▲ +0.9% vs 2023highest in 5 years
Operating result€63k-€399k▲ 532%€1.32M▲ 231%€236k▼ 82.1%€14k▼ 93.9%
2020: €63k
2021: €399k▲ +532% vs 2020
2022: €1.32M▲ +231% vs 2021highest in 5 years
2023: €236k▼ -82.1% vs 2022
2024: €14k▼ -93.9% vs 2023lowest in 5 years
Net result€53k-€395k▲ 647%€1.01M▲ 156%€174k▼ 82.8%€6k▼ 96.5%
2020: €53k
2021: €395k▲ +647% vs 2020
2022: €1.01M▲ +156% vs 2021highest in 5 years
2023: €174k▼ -82.8% vs 2022
2024: €6k▼ -96.5% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 94% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.71M
Fixed assets
€107k ▼ 24.2%
Current assets
€1.60M ▲ 4.6%
Equity and liabilities €1.71M
Equity
€1.32M ▲ 0.9%
Debt
€394k ▲ 6.4%
Debt's share of the balance-sheet total rises from 22.1% to 23.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▼
2023 · €268k
Cash flow
€33k▼
2023 · €206k
Current ratio
4.09▼
2023 · 4.77
Debt to equity
0.30▲
2023 · 0.28
ROE
0.5%▼
2023 · 13.3%
ROA
0.4%▼
2023 · 10.4%
Interest coverage
50.41▼
2023 · 164.55
Debt ≤ 1 year
€392k▲
2023 · €322k
Debt > 1 year
€2k▼
2023 · €13k
Income taxes
€8k▼
2023 · €60k
Staff costs
€24k▼
2023 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.67M€1.71M▲
Fixed assets21/28€141k€107k▼
Tangible fixed assets22/27€107k€80k▼
Plant, machinery and equipment23€2k€327▼
Furniture and vehicles24€100k€74k▼
Other tangible fixed assets26€5k€5k=
Financial fixed assets28€34k€27k▼
Current assets29/58€1.53M€1.60M▲
Amounts receivable within one year40/41€317k€382k▲
Trade receivables40€266k€278k▲
Other amounts receivable41€51k€103k▲
Cash at bank and in hand54/58€1.21M€1.22M▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.67M€1.71M▲
Equity10/15€1.30M€1.32M▲
Contributions10/11€12k€19k▲
Reserves13€1.29M€1.30M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€505k€505k=
Distributable reserves133€784k€790k▲
Amounts payable17/49€371k€394k▲
Amounts payable after more than one year17€13k€2k▼
Financial debts170/4€13k€2k▼
Amounts payable within one year42/48€322k€392k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€139k€377k▲
Suppliers440/4€139k€377k▲
Taxes, remuneration and social security45€121k€4k▼
Taxes450/3€116k€4k▼
Remuneration and social security454/9€5k-
Other amounts payable47/48€50k-
Accrued charges and deferred income492/3€36k-
Income statement
Code20232024
Remuneration, social security and pensions62€43k€24k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€27k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€313k€69k▼
Operating profit (loss)9901€236k€14k▼
Financial income75/76B-€519
Recurring financial income75-€519
Financial charges65/66B€2k€826▼
Recurring financial charges65€2k€826▼
Profit (loss) for the period before taxes9903€234k€14k▼
Income taxes67/77€60k€8k▼
Profit (loss) for the period9904€174k€6k▼
Profit (loss) for the period to be appropriated9905€174k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€174k€6k▼
Transfer to equity691/2€134k€6k▼
To other reserves6921€134k€6k▼
Profit to be distributed694/7€40k-
Directors or managers695€40k-
Social balance
Average headcount (FTE)90871.00.5▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €64 | €3k | - | - | - |
| Remuneration, social security and pensions62 | - | €38k | €40k | €43k | €24k | ▼ 43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €30k | €10k | €32k | €27k | ▼ 15.1% |
| Other operating charges640/8 | - | €3k | €3k | €3k | €3k | ▲ 13.7% |
| Non-recurring operating charges66A | - | - | €3k | - | - | - |
| Gross operating margin9900 | €127k | €470k | €1.38M | €313k | €69k | ▼ 78.0% |
| Operating profit (loss)9901 | €63k | €399k | €1.32M | €236k | €14k | ▼ 93.9% |
| Financial income75/76B | - | - | €14k | - | €519 | - |
| Recurring financial income75 | - | - | €14k | - | €519 | - |
| Financial charges65/66B | - | €1k | €2k | €2k | €826 | ▼ 49.2% |
| Recurring financial charges65 | €882 | €1k | €2k | €2k | €826 | ▼ 49.2% |
| Profit (loss) for the period before taxes9903 | €62k | €398k | €1.33M | €234k | €14k | ▼ 93.9% |
| Income taxes67/77 | €9k | €3k | €320k | €60k | €8k | ▼ 86.5% |
| Profit (loss) for the period9904 | €53k | €395k | €1.01M | €174k | €6k | ▼ 96.5% |
| Transfer to tax-exempt reserves689 | - | - | €505k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €53k | €395k | €506k | €174k | €6k | ▼ 96.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €383k | €1.24M | €1.74M | €1.67M | €1.71M | ▲ 2.1% |
| Fixed assets21/28 | €41k | €97k | €139k | €141k | €107k | ▼ 24.2% |
| Tangible fixed assets22/27 | €41k | €97k | €139k | €107k | €80k | ▼ 25.3% |
| Plant, machinery and equipment23 | - | €6k | €4k | €2k | €327 | ▼ 81.2% |
| Furniture and vehicles24 | - | €81k | €128k | €100k | €74k | ▼ 25.7% |
| Other tangible fixed assets26 | - | €10k | €7k | €5k | €5k | = |
| Financial fixed assets28 | €80 | €80 | €80 | €34k | €27k | ▼ 20.8% |
| Current assets29/58 | €341k | €1.14M | €1.60M | €1.53M | €1.60M | ▲ 4.6% |
| Amounts receivable within one year40/41 | €203k | €523k | €636k | €317k | €382k | ▲ 20.3% |
| Trade receivables40 | - | €471k | €633k | €266k | €278k | ▲ 4.4% |
| Other amounts receivable41 | - | €52k | €2k | €51k | €103k | ▲ 103% |
| Cash at bank and in hand54/58 | €132k | €615k | €964k | €1.21M | €1.22M | ▲ 0.5% |
| Deferred charges and accrued income490/1 | - | €5k | €4k | €4k | €4k | ▼ 11.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €383k | €1.24M | €1.74M | €1.67M | €1.71M | ▲ 2.1% |
| Equity10/15 | €159k | €159k | €1.17M | €1.30M | €1.32M | ▲ 0.9% |
| Contributions10/11 | - | €12k | €12k | €12k | €19k | ▲ 50.0% |
| Reserves13 | €147k | €147k | €1.16M | €1.29M | €1.30M | ▲ 0.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | - | €505k | €505k | €505k | = |
| Distributable reserves133 | - | €145k | €651k | €784k | €790k | ▲ 0.8% |
| Amounts payable17/49 | €223k | €1.08M | €573k | €371k | €394k | ▲ 6.4% |
| Amounts payable after more than one year17 | €902 | €35k | €24k | €13k | €2k | ▼ 85.6% |
| Financial debts170/4 | - | €35k | €24k | €13k | €2k | ▼ 85.6% |
| Amounts payable within one year42/48 | €218k | €1.05M | €544k | €322k | €392k | ▲ 22.0% |
| Current portion of amounts payable after more than one year42 | - | €12k | €11k | €11k | €11k | ▲ 1.2% |
| Trade debts44 | €169k | €595k | €304k | €139k | €377k | ▲ 171% |
| Suppliers440/4 | - | €595k | €304k | €139k | €377k | ▲ 171% |
| Taxes, remuneration and social security45 | - | €33k | €109k | €121k | €4k | ▼ 96.7% |
| Taxes450/3 | - | €29k | €104k | €116k | €4k | ▼ 96.5% |
| Remuneration and social security454/9 | - | €5k | €5k | €5k | - | - |
| Other amounts payable47/48 | - | €405k | €120k | €50k | - | - |
| Accrued charges and deferred income492/3 | - | - | €4k | €36k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53k | €395k | €1.01M | €174k | €6k | ▼ 96.5% |
| + Depreciation and write-downs630 | €16k | €30k | €10k | €32k | €27k | ▼ 15.1% |
| Operating cash flow (approximation) | €68k | €425k | €1.02M | €206k | €33k | ▼ 83.9% |
| Investment in fixed assets (approximation) | - | €-86k | €-52k | €-34k | €7k | ▲ 121% |
| Change in cash | - | €483k | €349k | €247k | €6k | ▼ 97.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
14-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Registered-office move, Bedrijvenzone Machelen-Cargo 706 bus 63, 1830 Machelen
- General meeting, 28-08-2026
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €6k ▼96.5%
Net result drops to €6k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €1.01M ▲156%
Operating result €1.32M, net result €1.01M, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.95
Current ratio from 1.09 to 2.95; short-term debt falls from €1.05M to €544k.
31-12
Financial
Equity above €1MEq €1.17M ▲634%
5 profitable years in a row build equity to €1.17M.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €159k ▲16.8%
3 profitable years in a row build equity to €159k.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Equity above €100kEq €137k ▲75.8%
2 profitable years in a row build equity to €137k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Machelen (Brab.) · 2 establishment units since 2010
Ground area
2.8 ha
Building footprint
1.6 ha
Volume, LiDAR
159,476 m³
3 parcels, Flanders · tallest building 41.1 m, ±10 floors. Linked by address, not a title deed.
23
companies at this address
See who is registered here
2 establishment units
Bedrijvenzone Machelen-Cargo 709, 1830 Machelen (Brab.)
since 20102.186.152.445
Louislei 22, 2930 Brasschaat
since 20172.265.552.289
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047C0326/00N000 | Flanders | 2.0 ha | 1 · 1.3 ha | 11.3 m · 2 fl. |
| 23047C0367/00L000 | Flanders | 6,871 m² | 1 · 2,818 m² | 41.1 m · 10 fl. |
| 11322E0019/00Z003 | Flanders | 990 m² | 1 · 202 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 24,824 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
52230Warehousing and support activities for transportation
52250Logistics services
64210Activities of holding companies
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.