ACTIVE

RIGA TRANS

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Financial year 2025 · closed on 31/12/2025

Net result

17,6 k €

-72.2% YoY

Gross margin

2,2 M €

-9.5% YoY

Equity

1,7 M €

-2.6% YoY

Workforce

31,3 ETP

-10.1% YoY

What does RIGA TRANS do?

RIGA TRANS is a Public limited company incorporated in 1969. Its registered office is in Antwerpen. It employs on average 31,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0406.919.156

Incorporation

09/12/1969

Legal form

Public limited company

Registered office

Luithagen-Haven 9
2030 Antwerpen · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

31,3 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	2,2 M €	-9.5%	2,4 M €	+1.3%	2,4 M €	+18.8%	2 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-125,3 €	-100%	52,2 k €	-55.2%	116,6 k €	-11.8%	132,2 k €	+274%	35,4 k €	+172%	-49,2 k €	-73.6%	-28,3 k €	+53.2%	-60,6 k €	-1311%	5 k €	-93.5%	77,2 k €	-5.0%	81,2 k €	-28.8%	114 k €	-57.4%	267,8 k €	+120%	121,6 k €	-3.1%	125,5 k €	+26.6%	99,2 k €	+38.2%	71,8 k €	+610%	-14,1 k €
Operating result	-28 k €	-199%	28,3 k €	-74.1%	109,5 k €	-17.2%	132,2 k €	+310%	32,3 k €	+158%	-55,4 k €	-60.3%	-34,5 k €	+48.3%	-66,8 k €	-62.0%	-41,2 k €	-851%	5,5 k €	-56.5%	12,6 k €	-20.1%	15,8 k €	-90.1%	159,5 k €	+326%	37,4 k €	-20.2%	46,9 k €	+29.5%	36,2 k €	+138%	-95 k €	+57.3%	-222,5 k €
Net result	17,6 k €	-72.2%	63,3 k €	-29.1%	89,2 k €	-23.8%	117,1 k €	+150%	46,8 k €	+175%	-62,6 k €	-174%	-22,9 k €	+66.1%	-67,5 k €	-46.7%	-46 k €	-1130%	4,5 k €	-84.3%	28,5 k €	+82.9%	15,6 k €	-90.2%	159,3 k €	+289%	40,9 k €	-89.1%	374,9 k €	+648%	50,1 k €	+87.2%	26,8 k €	-13.7%	31 k €
Balance sheet
Equity	1,7 M €	-2.6%	1,8 M €	+1.7%	1,7 M €	+5.4%	1,7 M €	+7.6%	1,5 M €	+3.1%	1,5 M €	-4.0%	1,5 M €	-1.5%	1,6 M €	-4.1%	1,6 M €	-3.0%	1,7 M €	-3.1%	1,7 M €	+0.7%	1,7 M €	-7.7%	1,9 M €	+2.9%	1,8 M €	+2.3%	1,8 M €	+26.7%	1,4 M €	+3.7%	1,4 M €	-0.0%	1,4 M €
Total assets	2 M €	-5.9%	2,2 M €	-2.0%	2,2 M €	+6.0%	2,1 M €	+15.4%	1,8 M €	+4.4%	1,7 M €	-4.1%	1,8 M €	+3.1%	1,8 M €	-8.3%	1,9 M €	-3.1%	2 M €	-5.5%	2,1 M €	+12.9%	1,9 M €	-5.8%	2 M €	-21.7%	2,5 M €	-32.2%	3,7 M €	-18.9%	4,6 M €	-21.1%	5,8 M €	-10.1%	6,4 M €
Cash	–		–		–		–		48 €	0.0%	48 €	+50.0%	32 €	+33.3%	24 €	+14.3%	21 €	-52.2%	44 €		–		–		–		332,8 €	+0.4%	331,3 €	-46.3%	616,8 €	-9.5%	681,5 €	+75.4%	388,5 €
Debts	326,4 k €	-20.4%	409,8 k €	-14.5%	479,3 k €	+7.6%	445,4 k €	+58.4%	281,1 k €	+15.3%	243,9 k €	-7.3%	263,1 k €	+41.5%	185,9 k €	-33.2%	278,3 k €	+0.7%	276,3 k €	-16.3%	330 k €	+171%	122 k €	+27.0%	96 k €	-86.2%	695,7 k €	-64.0%	1,9 M €	-39.1%	3,2 M €	-28.6%	4,4 M €	-12.6%	5,1 M €
Other
Workforce	31,3 ETP	-10.1%	34,8 ETP	-0.3%	34,9 ETP	+9.7%	31,8 ETP	+6.0%	30,0 ETP	+1.4%	29,6 ETP	0.0%	29,6 ETP	+8.4%	27,3 ETP	-8.7%	29,9 ETP	-9.1%	32,9 ETP	+34.3%	24,5 ETP	+390%	5,0 ETP		–		0,0 ETP		0,0 ETP	-100%	0,6 ETP	-40.0%	1,0 ETP	-23.1%	1,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 14 ended

Active mandates

Patrik NAENEN

Director · since 17 juin 2022 · until 15 juin 2028

Active

Robert VAN DE VONDEL

Director · since 17 juin 2022 · until 15 juin 2028

Active

ESG CONSULT

Mandate · 1005.403.020

Represented by Gert Van Puyvelde

Active

Ended mandates

Chris STAES

Director · since 17 juin 2022 · until 15 juin 2028

Ended

Marc SELS

Director · since 17 juin 2022 · until 15 juin 2028

Ended

Chris STAES

Director · since 16 juin 2016 · until 16 juin 2022

Ended

Marc SELS

Director · since 16 juin 2016 · until 16 juin 2022

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full 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	13/07/2026	07/07/2025	30/07/2024	22/08/2023	02/08/2022	18/08/2021
General meeting	15/06/2026	19/06/2025	20/06/2024	30/06/2023	16/06/2022	17/06/2021
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	15/06/2026	13/07/2026	Dutch	PDF
Abridged model	31/12/2024	19/06/2025	07/07/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	22/08/2023	Dutch	PDF
Full model	31/12/2021	16/06/2022	02/08/2022	Dutch	PDF
Full model	31/12/2020	17/06/2021	18/08/2021	Dutch	PDF
Full model	31/12/2019	18/06/2020	12/08/2020	Dutch	PDF
Full model	31/12/2018	20/06/2019	01/08/2019	Dutch	PDF
Full model	31/12/2017	21/06/2018	11/07/2018	Dutch	PDF
Full model	31/12/2016	15/06/2017	24/08/2017	Dutch	PDF
Full model	31/12/2015	16/06/2016	24/08/2016	Dutch	PDF
Full model	31/12/2014	18/06/2015	10/08/2015	Dutch	PDF
Full model	31/12/2013	19/06/2014	18/08/2014	Dutch	PDF
Full model	31/12/2012	20/06/2013	23/08/2013	Dutch	PDF
Full model	31/12/2011	21/06/2012	10/08/2012	Dutch	PDF
Full model	30/12/2010	16/06/2011	09/08/2011	Dutch	PDF
Full model	30/12/2009	17/06/2010	04/08/2010	Dutch	PDF
Full model	30/12/2008	18/06/2009	12/08/2009	Dutch	PDF
Full model	30/12/2007	19/06/2008	30/07/2008	Dutch	PDF
Full model	30/12/2006	21/06/2007	20/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 3 active · 14 ended

Active mandates

Patrik NAENEN

Director · since 17 juin 2022 · until 15 juin 2028

Active

Robert VAN DE VONDEL

Director · since 17 juin 2022 · until 15 juin 2028

Active

ESG CONSULT

Mandate · 1005.403.020

Represented by Gert Van Puyvelde

Active

Ended mandates

Chris STAES

Director · since 17 juin 2022 · until 15 juin 2028

Ended

Marc SELS

Director · since 17 juin 2022 · until 15 juin 2028

Ended

Chris STAES

Director · since 16 juin 2016 · until 16 juin 2022

Ended

Marc SELS

Director · since 16 juin 2016 · until 16 juin 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2017
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 202517,6 k €↓
2024
Annual accounts 202463,3 k €↓
2023
Annual accounts 202389,2 k €↓
2022
Annual accounts 2022117,1 k €↑
2021
Annual accounts 202146,8 k €↑
2020
Annual accounts 2020-62,6 k €↓
2019
Annual accounts 2019-22,9 k €↑
2018
Annual accounts 2018-67,5 k €↓
2017
Annual accounts 2017-46 k €↓
2016
Annual accounts 20164,5 k €↓
2015
Annual accounts 201528,5 k €↑
2014
Annual accounts 201415,6 k €↓
2013
Annual accounts 2013159,3 k €↑
2012
Annual accounts 201240,9 k €↓
2011
Annual accounts 2011374,9 k €↑
2010
Annual accounts 201050,1 k €↑
2009
Annual accounts 200926,8 k €↓
2008
Annual accounts 200831 k €
09/12/1969
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

RIGA TRANS

Overview

What does RIGA TRANS do?

Trend over 18 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