Balcárek started his coaching career in June 2005 as assistant manager of Sigma Olomouc's B-team.[4] He then had a spell at SK Lipová as manager, before returning to Sigma Olomouc in the summer of 2006 as manager of their B-team.[5] In January 2009, Balcárek signed as manager of Sulko Zábřeh.[6]
In April 2010, Balcárek was appointed manager of second-tier side MFK Karviná.[7] He resigned in October of the same year due to poor results.[8] In January 2011, he returned to Sulko Zábřeh.[9] He left the position in June 2015.[10] He was then appointed manager of SK Uničov.[11] After winning the 2016-17 Moravian-Silesian Football League, Balcárek was appointed manager of Znojmo.[12] However, he was fired on 31 January 2018.[13]
In the summer of 2018, Balcárek became manager of MFK Vítkovice.[14] At the end of November 2019, he accepted a job offer from SFC Opava and became the club's new manager.[15] He left the club in June 2020.[16]
In 2021-2022, Balcárek worked in a different role at FC Baník Ostrava, before returning to SK Uničov in September 2022.[17]
^Jeřábek, Luboš (2007). Český a československý fotbal – lexikon osobností a klubů (in Czech). Prague, Czech Republic: Grada Publishing. p. 14. ISBN978-80-247-1656-5.