ACTIVE

TRANSPORT VANDERVORST

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Financial year 2025 · closed on 31/12/2025

Net result

73,2 k €

-59.4% YoY

Gross margin

4,6 M €

+6.6% YoY

Equity

4,2 M €

+1.6% YoY

Workforce

49,7 ETP

+2.5% YoY

What does TRANSPORT VANDERVORST do?

TRANSPORT VANDERVORST is a Public limited company incorporated in 1960. Its registered office is in Machelen (Brab.). It employs on average 49,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.477.141

Incorporation

28/06/1960

Legal form

Public limited company

Registered office

Zaventemsesteenweg 93
1831 Machelen (Brab.) · FlandreSee on map

Contributed capital

234 507,27 €

Latest accounts

31/12/2025

Average workforce

49,7 ETP

Joint committees (4)

140
14003
226
22600

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	4,6 M €	+6.6%	4,4 M €	+6.0%	4,1 M €	+23.0%	3,3 M €	+1.4%	3,3 M €	+16.0%	2,8 M €	-7.6%	3,1 M €	+3.9%	3 M €	+9.0%	2,7 M €	+1.9%	2,7 M €	-7.3%	2,9 M €	-1.5%	2,9 M €	+0.7%	2,9 M €	+8.1%	2,7 M €	+10.9%	2,4 M €	-5.7%	2,6 M €	+21.2%	2,1 M €	-5.2%	2,2 M €	-5.3%	2,4 M €	+6.0%	2,2 M €
EBITDA	693,9 k €	+1.0%	686,6 k €	+6.0%	647,9 k €	+59.6%	406 k €	-37.3%	647,2 k €	+52.5%	424,5 k €	-34.0%	643 k €	-1.9%	655,7 k €	+25.8%	521 k €	-16.0%	620,4 k €	-15.2%	731,4 k €	+4.4%	700,7 k €	+8.6%	645,2 k €	+9.6%	588,7 k €	+23.3%	477,3 k €	-27.9%	662,1 k €	+51.5%	437 k €	-13.6%	506 k €	-14.8%	593,9 k €	+10.9%	535,8 k €
Operating result	131,5 k €	-43.4%	232,3 k €	-50.9%	473,3 k €	+42.8%	331,4 k €	-36.5%	522,3 k €	+222%	162,1 k €	-31.0%	235 k €	-25.3%	314,6 k €	+72.7%	182,2 k €	+28.9%	141,3 k €	-54.3%	309 k €	+87.1%	165,2 k €	+16.5%	141,7 k €	+36073%	-394 €	-102%	17 k €	-83.9%	105,7 k €	+285%	-57,1 k €	-57.6%	-36,2 k €	-137%	98,7 k €	+32.8%	74,4 k €
Net result	73,2 k €	-59.4%	180,2 k €	-51.1%	368,7 k €	+52.0%	242,5 k €	-37.3%	387,1 k €	+185%	135,6 k €	-31.1%	196,9 k €	-37.0%	312,7 k €	+86.3%	167,8 k €	+27.7%	131,4 k €	-57.5%	309,2 k €	+83.4%	168,6 k €	+10.6%	152,5 k €	+3157%	4,7 k €	-80.6%	24,1 k €	-77.3%	106,2 k €	+277%	-60 k €	-216%	-19 k €	-110%	196,3 k €	+134%	84 k €
Balance sheet
Equity	4,2 M €	+1.6%	4,1 M €	+4.4%	3,9 M €	+11.3%	3,5 M €	-6.8%	3,8 M €	+2.4%	3,7 M €	+3.8%	3,6 M €	+5.8%	3,4 M €	+10.2%	3,1 M €	+5.8%	2,9 M €	+4.8%	2,8 M €	+12.6%	2,4 M €	+7.4%	2,3 M €	+7.2%	2,1 M €	+0.2%	2,1 M €	+1.1%	2,1 M €	+5.3%	2 M €	-2.9%	2,1 M €	-0.9%	2,1 M €	+4.9%	2 M €
Total assets	6,6 M €	-2.2%	6,7 M €	+14.6%	5,9 M €	+16.5%	5 M €	+1.8%	4,9 M €	+0.9%	4,9 M €	+0.2%	4,9 M €	+5.3%	4,6 M €	+10.9%	4,2 M €	+0.2%	4,2 M €	+10.2%	3,8 M €	+32.3%	2,9 M €	+5.0%	2,7 M €	+7.0%	2,5 M €	+3.1%	2,5 M €	-2.2%	2,5 M €	+7.3%	2,4 M €	-5.1%	2,5 M €	-3.2%	2,6 M €	+6.8%	2,4 M €
Cash	2,4 M €	-17.0%	2,9 M €	+678%	366,4 k €	-88.7%	3,2 M €	+25.8%	2,6 M €	-28.4%	3,6 M €	+15.8%	3,1 M €	+1.6%	3,1 M €	+12.3%	2,7 M €	+19.1%	2,3 M €	+13.7%	2 M €	+57.6%	1,3 M €	+32.1%	966,8 k €	+111%	458,1 k €	+34.0%	341,7 k €	-12.5%	390,4 k €	+1316%	27,6 k €	-81.9%	152,1 k €	+415%	29,5 k €	-45.5%	54,2 k €
Debts	2,4 M €	-8.4%	2,6 M €	+35.5%	1,9 M €	+28.9%	1,5 M €	+30.4%	1,1 M €	-3.6%	1,2 M €	-9.7%	1,3 M €	+3.7%	1,3 M €	+12.6%	1,1 M €	-12.3%	1,3 M €	+24.8%	1 M €	+149%	413,4 k €	-7.0%	444,3 k €	+7.2%	414,3 k €	+21.9%	339,7 k €	-19.5%	422,3 k €	+19.2%	354,2 k €	-16.7%	425 k €	-12.7%	487,1 k €	+16.0%	420 k €
Other
Workforce	49,7 ETP	+2.5%	48,5 ETP	+4.1%	46,6 ETP	0.0%	46,6 ETP	+4.5%	44,6 ETP	-3.9%	46,4 ETP	+2.9%	45,1 ETP	+3.9%	43,4 ETP	+5.1%	41,3 ETP	-0.2%	41,4 ETP	+0.7%	41,1 ETP	+0.5%	40,9 ETP	+0.7%	40,6 ETP	+4.4%	38,9 ETP	-0.5%	39,1 ETP	-1.5%	39,7 ETP	+14.4%	34,7 ETP	-0.3%	34,8 ETP	-0.9%	35,1 ETP	+0.3%	35,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 25 ended

Active mandates

Denis Riesbeck

Director · since 15 mai 2025 · until 15 mai 2029

Active

BMG CONSULTING

Managing director · since 30 juin 2023 · until 15 mai 2029 · 0568.701.892

Represented by Pascal VANDERVORST

Active

L&N Solutions

Managing director · since 30 juin 2023 · until 15 mai 2029 · 0832.226.643

Represented by Ludwig Van Win

Active

Lionel Radenne

Director · since 30 juin 2023 · until 15 mai 2029

Active

Ended mandates

BMG CONSULTING

Managing director · since 30 juin 2023 · until 15 mai 2029 · 0568.701.892

Represented by Vandervorst PASCAL

Ended

Christian Quentin

Director · since 30 juin 2023 · until 15 mai 2029

Ended

L&N Solutions

Managing director · since 30 juin 2023 · until 15 mai 2029 · 0832.226.643

Represented by Ludwig Van Win

Ended

L&N Solutions

Director · since 01 février 2022 · until 15 mai 2023 · 0832.226.643

Represented by Ludwig Van Win

Ended

At this address

Other companies at this address

Company	CBE no.
Immobiliënmaatschappij van Diegem● Active	0415.093.583

Annual accounts

Full financial information

	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	30/07/2026	30/07/2025	30/07/2024	31/07/2023	21/09/2022	26/07/2021
General meeting	15/05/2026	15/05/2025	29/06/2024	30/06/2023	16/05/2022	15/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/05/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	15/05/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	16/05/2022	21/09/2022	Dutch	PDF
Abridged model	31/12/2020	15/05/2021	26/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/05/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/05/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	25/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	15/06/2014	17/06/2014	Dutch	PDF
Abridged model	31/12/2012	26/05/2013	06/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	31/07/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	04/08/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	23/07/2009	Dutch	PDF
Abridged model	31/12/2007	15/05/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	15/05/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 25 ended

Active mandates

Denis Riesbeck

Director · since 15 mai 2025 · until 15 mai 2029

Active

BMG CONSULTING

Managing director · since 30 juin 2023 · until 15 mai 2029 · 0568.701.892

Represented by Pascal VANDERVORST

Active

L&N Solutions

Managing director · since 30 juin 2023 · until 15 mai 2029 · 0832.226.643

Represented by Ludwig Van Win

Active

Lionel Radenne

Director · since 30 juin 2023 · until 15 mai 2029

Active

Ended mandates

BMG CONSULTING

Managing director · since 30 juin 2023 · until 15 mai 2029 · 0568.701.892

Represented by Vandervorst PASCAL

Ended

Christian Quentin

Director · since 30 juin 2023 · until 15 mai 2029

Ended

L&N Solutions

Managing director · since 30 juin 2023 · until 15 mai 2029 · 0832.226.643

Represented by Ludwig Van Win

Ended

L&N Solutions

Director · since 01 février 2022 · until 15 mai 2023 · 0832.226.643

Represented by Ludwig Van Win

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN
PDF
Mandates11/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2017
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202573,2 k €↓
2024
Annual accounts 2024180,2 k €↓
2023
Annual accounts 2023368,7 k €↑
2022
Annual accounts 2022242,5 k €↓
2021
Annual accounts 2021387,1 k €↑
2020
Annual accounts 2020135,6 k €↓
2019
Annual accounts 2019196,9 k €↓
2018
Annual accounts 2018312,7 k €↑
2017
Annual accounts 2017167,8 k €↑
2016
Annual accounts 2016131,4 k €↓
2015
Annual accounts 2015309,2 k €↑
2014
Annual accounts 2014168,6 k €↑
2013
Annual accounts 2013152,5 k €↑
2012
Annual accounts 20124,7 k €↓
2011
Annual accounts 201124,1 k €↓
2010
Annual accounts 2010106,2 k €↑
2009
Annual accounts 2009-60 k €↓
2008
Annual accounts 2008-19 k €↓
2007
Annual accounts 2007196,3 k €↑
2006
Annual accounts 200684 k €
28/06/1960
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TRANSPORT VANDERVORST

Overview

What does TRANSPORT VANDERVORST do?

Trend over 20 financial years

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