ACTIVE

LITRAN

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Financial year 2025 · closed on 30/09/2025

Net result

7,6 M €

+10.8% YoY

Revenue

114,1 M €

-22.4% YoY

Equity

21,1 M €

+56.8% YoY

Workforce

410,2 ETP

-2.4% YoY

What does LITRAN do?

LITRAN is a Public limited company incorporated in 1967. Its main activity is: Construction of utility projects for fluids. Its registered office is in Gent. It employs on average 410,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.834.142

Incorporation

05/07/1967

Legal form

Public limited company

Registered office

Langerbruggekaai 3
9000 Gent · FlandreSee on map

Contributed capital

2 860 000,00 €

Latest accounts

30/09/2025

Average workforce

410,2 ETP

Activities (NACE)

42211Construction of utility projects for fluids· main 42211Construction of utility projects for fluids 42220Construction of utility projects for electricity and telecommunications 42220Construction of utility projects for electricity and telecommunications 45215Maintenance and repair of motor vehicles 42919Construction of water projects+5

Joint committees (4)

Contacts

4 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	114,1 M €	-22.4%	147,1 M €	+103%	72,5 M €	+13.8%	63,7 M €	-8.3%	69,5 M €	+3.5%	67,2 M €	+9.3%	61,5 M €	+37.6%	44,7 M €	+5.2%	42,5 M €	-2.8%	43,7 M €	+22.8%	35,6 M €	-17.6%	43,2 M €	-26.3%	58,6 M €	+22.8%	47,7 M €	+26.4%	37,8 M €	-5.6%	40 M €	-2.7%	41,1 M €	-7.2%	44,3 M €	+29.0%	34,4 M €
EBITDA	11,4 M €	-8.3%	12,5 M €	+142%	5,2 M €	-11.2%	5,8 M €	+5.9%	5,5 M €	+2.2%	5,4 M €	-17.9%	6,5 M €	+37.2%	4,8 M €	+27.5%	3,7 M €	+31.0%	2,8 M €	+108%	1,4 M €	-52.1%	2,9 M €	+135%	1,2 M €	-49.1%	2,4 M €	-12.7%	2,7 M €	-27.2%	3,8 M €	-11.4%	4,2 M €	+233%	1,3 M €	-8.5%	1,4 M €
Operating result	10,5 M €	+3.3%	10,2 M €	+127%	4,5 M €	-29.4%	6,4 M €	+25.8%	5,1 M €	-19.0%	6,3 M €	+19.6%	5,2 M €	+56.3%	3,4 M €	+43.8%	2,3 M €	-18.2%	2,9 M €	+188%	988,6 k €	-20.4%	1,2 M €	-30.9%	1,8 M €	+110%	855,5 k €	+9.0%	784,8 k €	-71.4%	2,7 M €	-8.5%	3 M €	+337%	685,2 k €	+23.1%	556,5 k €
Net result	7,6 M €	+10.8%	6,9 M €	+120%	3,1 M €	-32.2%	4,6 M €	+27.3%	3,6 M €	-24.3%	4,8 M €	+19.6%	4 M €	+60.1%	2,5 M €	+32.6%	1,9 M €	-17.8%	2,3 M €	+57.6%	1,5 M €	+71.3%	854,5 k €	-31.5%	1,2 M €	+117%	576 k €	+11.3%	517,3 k €	-69.8%	1,7 M €	-3.1%	1,8 M €	+667%	230,9 k €	-61.0%	592,4 k €
Balance sheet
Equity	21,1 M €	+56.8%	13,5 M €	+105%	6,6 M €	+92.2%	3,4 M €	-76.9%	14,8 M €	-2.3%	15,1 M €	+5.7%	14,3 M €	+11.9%	12,8 M €	-10.4%	14,3 M €	+15.3%	12,4 M €	+16.2%	10,7 M €	+4.6%	10,2 M €	+9.2%	9,3 M €	+15.4%	8,1 M €	+7.7%	7,5 M €	+7.4%	7 M €	+32.5%	5,3 M €	+50.5%	3,5 M €	+7.0%	3,3 M €
Total assets	83,5 M €	+18.9%	70,3 M €	+79.5%	39,1 M €	-25.7%	52,7 M €	+8.2%	48,7 M €	+1.0%	48,2 M €	-4.7%	50,6 M €	+6.7%	47,4 M €	+12.8%	42 M €	+16.9%	35,9 M €	+2.1%	35,2 M €	+17.8%	29,9 M €	-2.5%	30,6 M €	+2.5%	29,9 M €	+1.7%	29,4 M €	+35.5%	21,7 M €	-5.6%	23 M €	+17.7%	19,5 M €	+11.3%	17,5 M €
Cash	16,9 M €	-4.9%	17,8 M €	+1410%	1,2 M €	-65.0%	3,4 M €	+82.5%	1,8 M €	+14.2%	1,6 M €	-50.6%	3,3 M €	+227%	996,7 k €	-61.2%	2,6 M €	+207%	837,4 k €	-19.6%	1 M €	-17.0%	1,3 M €	-46.6%	2,4 M €	-26.1%	3,2 M €	+62.9%	2 M €	+143%	801,6 k €	+46.9%	545,5 k €	+88.7%	289,1 k €	+11.3%	259,7 k €
Debts	51,9 M €	+10.6%	46,9 M €	+106%	22,8 M €	-41.7%	39,1 M €	+68.2%	23,3 M €	-4.0%	24,2 M €	-14.0%	28,1 M €	+1.7%	27,7 M €	+31.6%	21 M €	+23.6%	17 M €	-6.1%	18,1 M €	+39.3%	13 M €	-12.9%	15 M €	-7.0%	16,1 M €	-8.2%	17,5 M €	+63.4%	10,7 M €	-23.5%	14 M €	+10.3%	12,7 M €	+11.1%	11,4 M €
Other
Workforce	410,2 ETP	-2.4%	420,1 ETP	+14.2%	367,8 ETP	+3.0%	357,1 ETP	-1.3%	361,7 ETP	-1.6%	367,7 ETP	-2.8%	378,2 ETP	+2.7%	368,4 ETP	+8.6%	339,1 ETP	-0.9%	342,3 ETP	-1.8%	348,7 ETP	-2.1%	356,1 ETP	-2.9%	366,9 ETP	-4.8%	385,5 ETP	-1.1%	389,6 ETP	-2.1%	397,9 ETP	+5.0%	379,1 ETP	+2.7%	369,3 ETP	+3.6%	356,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 33 ended

Active mandates

Jo Troch

Mandate

Active

Venant Van Esbroeck

Mandate

Active

Ended mandates

Volker Wessels Stevin Deelnemingen B.V.

Director · since 07 juin 2021 · until 29 mars 2027

Represented by R.H.C. Nauta

Ended

VOLKER WESSELS STEVIN DEELNEMINGEN B.V.

Director · since 07 juin 2021 · until 29 mars 2027

Represented by R.H.C NAUTA

Ended

Venant Eduard VAN ESBROECK

Managing director · since 03 juin 2019 · until 31 mars 2025

Ended

Venant Eduard VAN ESBROECK

Managing director · since 03 juin 2019 · until 02 juin 2025

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/10/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/09/2025	30/09/2024	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	21 months	12 months	12 months	12 months	12 months
Filing date	12/03/2026	27/03/2025	27/04/2023	29/03/2022	15/06/2021	24/06/2020
General meeting	02/03/2026	03/03/2025	27/03/2023	28/03/2022	07/06/2021	02/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2025	02/03/2026	12/03/2026	Dutch	PDF
Full model	30/09/2024	03/03/2025	27/03/2025	Dutch	PDF
Full model	31/12/2022	27/03/2023	27/04/2023	Dutch	PDF
Full model	31/12/2021	28/03/2022	29/03/2022	Dutch	PDF
Full model	31/12/2020	07/06/2021	15/06/2021	Dutch	PDF
Full model	31/12/2019	02/06/2020	24/06/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	04/06/2019	Dutch	PDF
Full model	31/12/2017	04/06/2018	05/06/2018	Dutch	PDF
Full model	31/12/2016	06/06/2017	27/06/2017	Dutch	PDF
Full model	31/12/2015	06/06/2016	07/06/2016	Dutch	PDF
Full model	31/12/2014	01/06/2015	05/06/2015	Dutch	PDF
Full model	31/12/2013	02/06/2014	16/06/2014	Dutch	PDF
Full model	31/12/2012	03/06/2013	04/06/2013	Dutch	PDF
Full model	31/12/2011	04/06/2012	08/06/2012	Dutch	PDF
Full model	31/12/2010	06/06/2011	07/06/2011	Dutch	PDF
Full model	31/12/2009	07/06/2010	14/06/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	16/06/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	03/06/2008	Dutch	PDF
Full model	31/12/2006	04/06/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 30/09/2025 · 2 active · 33 ended

Active mandates

Jo Troch

Mandate

Active

Venant Van Esbroeck

Mandate

Active

Ended mandates

Volker Wessels Stevin Deelnemingen B.V.

Director · since 07 juin 2021 · until 29 mars 2027

Represented by R.H.C. Nauta

Ended

VOLKER WESSELS STEVIN DEELNEMINGEN B.V.

Director · since 07 juin 2021 · until 29 mars 2027

Represented by R.H.C NAUTA

Ended

Venant Eduard VAN ESBROECK

Managing director · since 03 juin 2019 · until 31 mars 2025

Ended

Venant Eduard VAN ESBROECK

Managing director · since 03 juin 2019 · until 02 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - BOEKJAAR
PDF
Mandates16/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/01/2022
KAPITAAL - AANDELEN
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 20257,6 M €↑
03/03/2025
reconductionvan Esbroeck Venant Eduard — Gedelegeerd bestuurder
2024
Annual accounts 20246,9 M €↑
12/09/2024
nominationKPMG Bedrijfsrevisoren BV/SRL — commissaris
12/09/2024
nominationTim Vermeiren — vaste vertegenwoordiger
04/06/2024
reconductionJo Troch — bestuurder
2024
Name changeLITRAN
27/03/2023
nominationMoore Audit BV — commissaris
27/03/2023
nominationJohan van Mieghem — vaste vertegenwoordiger
27/03/2023
nominationBart Dauwen — vaste vertegenwoordiger
2022
Annual accounts 20223,1 M €↓
2022
Name changeVISSER & SMIT HANAB
2021
Annual accounts 20214,6 M €↑
2020
Annual accounts 20203,6 M €↓
2019
Annual accounts 20194,8 M €↑
2018
Annual accounts 20184 M €↑
2017
Annual accounts 20172,5 M €↑
2016
Annual accounts 20161,9 M €↓
2015
Annual accounts 20152,3 M €↑
2014
Annual accounts 20141,5 M €↑
2013
Annual accounts 2013854,5 k €↓
2012
Annual accounts 20121,2 M €↑
2011
Annual accounts 2011576 k €↑
2010
Annual accounts 2010517,3 k €↓
2009
Annual accounts 20091,7 M €↓
2008
Annual accounts 20081,8 M €↑
2007
Annual accounts 2007230,9 k €↓
2006
Annual accounts 2006592,4 k €
05/07/1967
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

LITRAN

Overview

What does LITRAN do?

Trend over 19 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