ACTIVE

RIGA TRANS

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Financial year 2025 · Closed on 31/12/2025

Net result17,6 k €-72,2 %over 1 year
Gross margin2,2 M €-9,5 %over 1 year
Equity1,7 M €-2,6 %over 1 year
Workforce31,3 ETP-10,1 %over 1 year

Identity

Source · BCE/KBO

RIGA TRANS is a Public limited company incorporated in 1969. Its main activity is: Freight transport by road. 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)
  • 140
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin2,2 M €2,4 M €2,4 M €2 M €–
EBITDA-125,3 €52,2 k €116,6 k €132,2 k €35,4 k €
Operating result-28 k €28,3 k €109,5 k €132,2 k €32,3 k €
Net result17,6 k €63,3 k €89,2 k €117,1 k €46,8 k €
Balance sheet
Equity1,7 M €1,8 M €1,7 M €1,7 M €1,5 M €
Total assets2 M €2,2 M €2,2 M €2,1 M €1,8 M €
Cash––––48 €
Debts326,4 k €409,8 k €479,3 k €445,4 k €281,1 k €
Other
Workforce31,3 ETP34,8 ETP34,9 ETP31,8 ETP30,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Patrik NAENEN
Director30/03/2004 → 15/06/2028
Robert VAN DE VONDEL
Director12/04/2006 → 15/06/2028
ESG CONSULT1005.403.020Represented by Gert Van Puyvelde
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Chris STAES
Director16/06/2016 → 2024 accounts
Marc SELS
Director16/06/2016 → 2022 accounts

Other companies at this address

Luithagen-Haven 9 2030 Antwerpen
CompanyCBE no.
2 Sign & Safe● Active
0874.424.316
BeNeduw● Active
0417.651.019
Cetem Containers (Belgium)● Active
0455.202.786
Coil Transport Solution● Active
1002.512.618
Container Transport Harbour● Active
1010.862.932
COTTERELL COMMODITIES INTERNATIONAL● Active
0428.306.963
De Verbroedering● Active
0430.398.601
FLANDERS ASSEMBLY CENTER● Active
0463.732.650
H.D. COTTERELL● Active
0437.995.481
Katoen Natie Energy● Active
0600.943.803
KATOEN NATIE GLOBAL FORWARDING● Active
0473.428.195
Katoen Natie Haventransport● Active
0424.508.820
Katoen Natie Transport Solutions● Active
0457.554.740
Katoen Natie Trucking● Active
0404.425.563
KEMPEN TRANSPORT SERVICES● Active
0462.712.962
Mexico Natie● Active
0404.784.958
NIEUWE HOOP NATIE● Active
0870.613.305
RIGA TERMINALS● Active
0404.752.888
Tejo - Duw● Active
0449.113.067
TEVECO● Active
0403.745.177

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202607/07/202530/07/202422/08/202302/08/202218/08/2021
General meeting15/06/202619/06/202520/06/202430/06/202316/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202613/07/2026DutchPDF
Abridged model31/12/202419/06/202507/07/2025DutchPDF
Abridged model31/12/202320/06/202430/07/2024DutchPDF
Abridged model31/12/202230/06/202322/08/2023DutchPDF
Full model31/12/202116/06/202202/08/2022DutchPDF
Full model31/12/202017/06/202118/08/2021DutchPDF
Full model31/12/201918/06/202012/08/2020DutchPDF
Full model31/12/201820/06/201901/08/2019DutchPDF
Full model31/12/201721/06/201811/07/2018DutchPDF
Full model31/12/201615/06/201724/08/2017DutchPDF
Full model31/12/201516/06/201624/08/2016DutchPDF
Full model31/12/201418/06/201510/08/2015DutchPDF
Full model31/12/201319/06/201418/08/2014DutchPDF
Full model31/12/201220/06/201323/08/2013DutchPDF
Full model31/12/201121/06/201210/08/2012DutchPDF
Full model30/12/201016/06/201109/08/2011DutchPDF
Full model30/12/200917/06/201004/08/2010DutchPDF
Full model30/12/200818/06/200912/08/2009DutchPDF
Full model30/12/200719/06/200830/07/2008DutchPDF
Full model30/12/200621/06/200720/08/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Patrik NAENEN
Director30/03/2004 → 15/06/2028
Robert VAN DE VONDEL
Director12/04/2006 → 15/06/2028
ESG CONSULT1005.403.020Represented by Gert Van Puyvelde
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Chris STAES
Director16/06/2016 → 2024 accounts
Marc SELS
Director16/06/2016 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2026
    HERBENOEMING COMMISSARIS
    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

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Patrik NAENEN
Robert VAN DE VONDEL
ESG CONSULT
Marc SELS
Chris STAES
196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
RIGA TRANS
Luithagen-Haven 9, 2030 Antwerp-2030
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Luithagen-Haven 9, 2030 Antwerp-2030Current
accounts 2021 → 2025
Accounts 2025 · 2026-00291972

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
RIGA TRANSCurrent
accounts 2008 → 2025
Accounts 2025 · 2026-00291972

Events

  1. 2025
    Annual accounts 202517,6 k €↓
  2. 2024
    Annual accounts 202463,3 k €↓
  3. 2023
    Annual accounts 202389,2 k €↓
  4. 2022
    Annual accounts 2022117,1 k €↑
  5. 2021
    Annual accounts 202146,8 k €↑
  6. 2020
    Annual accounts 2020-62,6 k €↓
  7. 2019
    Annual accounts 2019-22,9 k €↑
  8. 2018
    Annual accounts 2018-67,5 k €↓
  9. 2017
    Annual accounts 2017-46 k €↓
  10. 2016
    Annual accounts 20164,5 k €↓
  11. 2015
    Annual accounts 201528,5 k €↑
  12. 2014
    Annual accounts 201415,6 k €↓
  13. 2013
    Annual accounts 2013159,3 k €↑
  14. 2012
    Annual accounts 201240,9 k €↓
  15. 2011
    Annual accounts 2011374,9 k €↑
  16. 2010
    Annual accounts 201050,1 k €↑
  17. 2009
    Annual accounts 200926,8 k €↓
  18. 2008
    Annual accounts 200831 k €
  19. 09/12/1969
    IncorporationPublic limited company