ACTIVE

Vervoeruitbating Frans Ceulemans en Cie

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €+198,2 %over 1 year

Gross margin2,9 M €+152,0 %over 1 year

Equity10,9 M €+8,8 %over 1 year

Workforce6,3 ETP+16,7 %over 1 year

Identity

Source · BCE/KBO

Vervoeruitbating Frans Ceulemans en Cie is a Public limited company incorporated in 1968. Its registered office is in Berlaar. It employs on average 6,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0400.829.338
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Itegembaan 171
2590 Berlaar · FlandreSee on map
Contributed capital: 1 332 058,10 €
Latest accounts: 31/12/2025
Average workforce: 6,3 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,9 M €	+152%	1,1 M €	-56.7%	2,6 M €	+49.3%	1,8 M €	-11.5%	2 M €
EBITDA	2,4 M €	+224%	750,4 k €	-66.3%	2,2 M €	+62.9%	1,4 M €	-12.0%	1,6 M €
Operating result	1,8 M €	+861%	184,6 k €	-89.8%	1,8 M €	+122%	813,9 k €	-21.2%	1 M €
Net result	1,3 M €	+198%	423 k €	-66.2%	1,3 M €	+120%	567,4 k €	-22.4%	731,5 k €
Balance sheet
Equity	10,9 M €	+8.8%	10 M €	-0.3%	10,1 M €	+4.3%	9,6 M €	-5.7%	10,2 M €
Total assets	11,6 M €	+8.9%	10,6 M €	-1.2%	10,7 M €	+4.8%	10,2 M €	-3.2%	10,6 M €
Cash	481,2 k €	-20.1%	602,3 k €	+183%	212,7 k €	-89.2%	2 M €	-19.6%	2,5 M €
Debts	274,3 k €	+175%	99,6 k €	-56.6%	229,7 k €	+64.5%	139,6 k €	+63.0%	85,6 k €
Other
Workforce	6,3 ETP	+16.7%	5,4 ETP	-3.6%	5,6 ETP	-23.3%	7,3 ETP	-2.7%	7,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 19 ended

Active mandates

Mia Mariën

Director · since 11 mai 2019 · until 11 mai 2031

Active

Sacha Geerts

Director · since 11 mai 2019 · until 11 mai 2031

Active

Willem Ceulemans

Managing director · since 11 mai 2019 · until 11 mai 2031

Active

Ended mandates

Mia Mariën

Director · since 11 mai 2019 · until 11 mai 2025

Ended

Sacha Geerts

Director · since 11 mai 2019 · until 11 mai 2025

Ended

Willem Ceulemans

Director · since 11 mai 2019 · until 11 mai 2025

Ended

Willem Ceulemans

Managing director · since 11 mai 2019 · until 11 mai 2025

Ended

Other companies at this address

Itegembaan 171 2590 Berlaar

Company	CBE no.
Terra-Trias● Active	0722.695.233

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/06/2026	20/06/2025	17/05/2024	06/10/2023	23/05/2022	19/05/2021
General meeting	09/05/2026	10/05/2025	11/05/2024	03/10/2023	14/05/2022	08/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/05/2026	03/06/2026	Dutch	PDF
Abridged model	31/12/2024	10/05/2025	20/06/2025	Dutch	PDF
Abridged model	31/12/2023	11/05/2024	17/05/2024	Dutch	PDF
Abridged modelCorrection	31/12/2022	03/10/2023	06/10/2023	Dutch	PDF
Abridged model	31/12/2022	13/05/2023	22/05/2023	Dutch	PDF
Abridged model	31/12/2021	14/05/2022	23/05/2022	Dutch	PDF
Abridged model	31/12/2020	08/05/2021	19/05/2021	Dutch	PDF
Abridged model	31/12/2019	09/05/2020	11/05/2020	Dutch	PDF
Abridged model	31/12/2018	11/05/2019	15/05/2019	Dutch	PDF
Abridged model	31/12/2017	12/05/2018	31/05/2018	Dutch	PDF
Abridged model	31/12/2016	13/05/2017	22/05/2017	Dutch	PDF
Abridged model	31/12/2015	14/05/2016	24/05/2016	Dutch	PDF
Abridged model	31/12/2014	09/05/2015	12/05/2015	Dutch	PDF
Abridged model	31/12/2013	10/05/2014	15/05/2014	Dutch	PDF
Abridged model	31/12/2012	11/05/2013	23/05/2013	Dutch	PDF
Abridged model	31/12/2011	12/05/2012	15/05/2012	Dutch	PDF
Abridged model	31/12/2010	14/05/2011	17/05/2011	Dutch	PDF
Abridged model	31/12/2009	08/05/2010	11/05/2010	Dutch	PDF
Abridged model	31/12/2008	09/05/2009	14/05/2009	Dutch	PDF
Abridged model	31/12/2007	10/05/2008	30/05/2008	Dutch	PDF
Abridged model	31/12/2006	12/05/2007	22/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 19 ended

Active mandates

Mia Mariën

Director · since 11 mai 2019 · until 11 mai 2031

Active

Sacha Geerts

Director · since 11 mai 2019 · until 11 mai 2031

Active

Willem Ceulemans

Managing director · since 11 mai 2019 · until 11 mai 2031

Active

Ended mandates

Mia Mariën

Director · since 11 mai 2019 · until 11 mai 2025

Ended

Sacha Geerts

Director · since 11 mai 2019 · until 11 mai 2025

Ended

Willem Ceulemans

Director · since 11 mai 2019 · until 11 mai 2025

Ended

Willem Ceulemans

Managing director · since 11 mai 2019 · until 11 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other08/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office10/06/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring04/02/2019
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring30/10/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring05/07/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 20251,3 M €↑
2024
Annual accounts 2024423 k €↓
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 2022567,4 k €↓
2021
Annual accounts 2021731,5 k €↑
2018
Annual accounts 2018427 k €↓
2017
Annual accounts 2017921,4 k €↓
2016
Annual accounts 20161,1 M €↑
2015
Annual accounts 2015320,6 k €↓
2014
Annual accounts 2014931,3 k €↑
2013
Annual accounts 2013254,8 k €↑
2012
Annual accounts 201250,2 k €↓
2011
Annual accounts 2011561,3 k €↑
2010
Annual accounts 2010-528,7 k €↓
2009
Annual accounts 2009536,1 k €↑
2008
Annual accounts 2008113,2 k €↓
2007
Annual accounts 20071,5 M €↑
2006
Annual accounts 2006292,9 k €
01/01/1968
IncorporationPublic limited company

Vervoeruitbating Frans Ceulemans en Cie

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline