ACTIVE

TRAFIROAD

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Financial year 2025 · closed on 31/12/2025
Net result
10,8 M €
+17.2% YoY
Revenue
115,1 M €
+19.4% YoY
Equity
30 M €
+1.8% YoY
Workforce
324,5 ETP
+3.0% YoY

What does TRAFIROAD do?

TRAFIROAD is a Public limited company incorporated in 1978. Its registered office is in Lokeren. It employs on average 324,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0418.384.358
Incorporation
22/06/1978
Legal form
Public limited company
Registered office
Nieuwe Dreef 17
9160 Lokeren · FlandreSee on map
Contributed capital
2 786 342,97 €
Latest accounts
31/12/2025
Average workforce
324,5 ETP
Joint committees (6)
  • 100
  • 111
  • 124
  • 200
  • 209
  • 218
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow 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

2025202420232022202120202019201820172016201420132012201120102009200820072006
Income statement
Revenue115,1 M €96,5 M €86,1 M €71,1 M €68,1 M €53,3 M €59,6 M €53,8 M €46,5 M €40,2 M €26,5 M €28,7 M €29,6 M €29,6 M €25,4 M €20,6 M €19,6 M €22 M €21,6 M €
EBITDA13,7 M €13,9 M €14,5 M €12,3 M €8,8 M €9,1 M €7,9 M €7,3 M €5 M €2,6 M €1,3 M €530,3 k €535,8 k €1,1 M €1,3 M €1,2 M €964,7 k €3,1 M €3 M €
Operating result14,6 M €12,8 M €11 M €9,6 M €7 M €6 M €5,9 M €3,3 M €1,9 M €-1,2 M €678,2 k €-74,1 k €-13 k €574,5 k €878,7 k €838,4 k €558,8 k €2,5 M €2,6 M €
Net result10,8 M €9,2 M €7,5 M €7,1 M €4,6 M €4,1 M €3,9 M €1,8 M €1,6 M €-1,5 M €194,4 k €20,1 k €107,6 k €384,2 k €305,3 k €515,4 k €444,6 k €227,4 k €1,6 M €
Balance sheet
Equity30 M €29,5 M €22,9 M €19,2 M €15,4 M €13,8 M €12,9 M €10 M €8,7 M €7,1 M €5,4 M €5,3 M €5,4 M €7,2 M €6,9 M €6,6 M €6,1 M €5,6 M €5,4 M €
Total assets73,4 M €73,4 M €70,2 M €61,3 M €44,8 M €42,5 M €39,6 M €38,6 M €33,9 M €31,5 M €18,4 M €19,4 M €20,9 M €21,1 M €16,5 M €13,5 M €15,7 M €16,9 M €16,4 M €
Cash11,6 M €7,9 M €6,1 M €4,2 M €1 M €478,1 k €969,4 k €893,8 k €560,1 k €1,6 M €500,9 k €917,7 k €1 M €596,8 k €332,9 k €465,3 k €1,7 M €1,8 M €1,6 M €
Debts42,2 M €43,3 M €46,8 M €41,2 M €27,5 M €28,2 M €26,4 M €28,2 M €24,8 M €23,9 M €12,5 M €13,5 M €14,9 M €13,4 M €9,2 M €6,7 M €9,4 M €10,7 M €10,6 M €
Other
Workforce324,5 ETP315,0 ETP292,2 ETP284,2 ETP278,9 ETP276,0 ETP278,0 ETP238,4 ETP192,9 ETP232,9 ETP112,6 ETP125,4 ETP127,1 ETP121,8 ETP97,7 ETP85,2 ETP81,4 ETP87,0 ETP78,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 30 ended

Active mandates

G-FORCE GROUP

Director · since 03 avril 2025 · until 03 avril 2031 · 0894.435.614

Represented by Glenn Janssens

Active

Ended mandates

G-FORCE GROUP

Director · since 19 décembre 2019 · until 18 décembre 2025 · 0894.435.614

Represented by Glenn Janssens

Ended
G-FORCE GROUP

Mandate · since 19 décembre 2019 · until 18 décembre 2025 · 0894.435.614

Represented by Glenn Janssens

Ended
G-FORCE GROUP

Mandate · since 06 novembre 2018 · until 12 décembre 2023 · 0894.435.614

Represented by Glenn Janssens

Ended
G-Invest NV

Mandate · since 13 décembre 2017 · until 12 décembre 2023 · 0463.004.556

Represented by Glenn Janssens

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull 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 date18/05/202627/05/202502/07/202407/06/202325/05/202217/05/2021
General meeting13/05/202614/05/202524/06/202410/05/202318/05/202212/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202513/05/202618/05/2026DutchPDF
Full model31/12/202414/05/202527/05/2025DutchPDF
Full model31/12/202324/06/202402/07/2024DutchPDF
Full model31/12/202210/05/202307/06/2023DutchPDF
Full model31/12/202118/05/202225/05/2022DutchPDF
Full model31/12/202012/05/202117/05/2021DutchPDF
Full model31/12/201913/05/202027/05/2020DutchPDF
Full model31/12/201808/05/201916/05/2019DutchPDF
Full model31/12/201709/05/201822/05/2018DutchPDF
Full model31/12/201630/06/201713/07/2017DutchPDF
Full model31/12/201530/06/201608/07/2016DutchPDF
Full model31/12/201410/07/201514/07/2015DutchPDF
Full model31/12/201313/11/201414/11/2014DutchPDF
Full model31/12/201228/08/201329/08/2013DutchPDF
Full model31/12/201130/05/201205/07/2012DutchPDF
Full model31/12/201012/10/201120/12/2011DutchPDF
Full model31/12/200914/06/201022/07/2010DutchPDF
Full model31/12/200828/08/200931/08/2009DutchPDF
Full model31/12/200728/05/200817/06/2008DutchPDF
Full model31/12/200609/05/200718/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 1 active · 30 ended

Active mandates

G-FORCE GROUP

Director · since 03 avril 2025 · until 03 avril 2031 · 0894.435.614

Represented by Glenn Janssens

Active

Ended mandates

G-FORCE GROUP

Director · since 19 décembre 2019 · until 18 décembre 2025 · 0894.435.614

Represented by Glenn Janssens

Ended
G-FORCE GROUP

Mandate · since 19 décembre 2019 · until 18 décembre 2025 · 0894.435.614

Represented by Glenn Janssens

Ended
G-FORCE GROUP

Mandate · since 06 novembre 2018 · until 12 décembre 2023 · 0894.435.614

Represented by Glenn Janssens

Ended
G-Invest NV

Mandate · since 13 décembre 2017 · until 12 décembre 2023 · 0463.004.556

Represented by Glenn Janssens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/07/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates26/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring03/06/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/05/2024
    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

Timeline

  1. 2025
    Annual accounts 202510,8 M €↑
  2. 07/07/2025
    apport
  3. 07/07/2025
    augmentation_capital
  4. 03/04/2025
    reconductionG-FORCE GROUP — enige, niet-statutair bestuurder
  5. 2024
    Annual accounts 20249,2 M €↑
  6. 2023
    Annual accounts 20237,5 M €↑
  7. 01/01/2023
    reconductionHLB Dodémont - Van Impe & C° — commissaris
  8. 2022
    Annual accounts 20227,1 M €↑
  9. 2021
    Annual accounts 20214,6 M €↑
  10. 2020
    Annual accounts 20204,1 M €↑
  11. 2019
    Annual accounts 20193,9 M €↑
  12. 2018
    Annual accounts 20181,8 M €↑
  13. 2017
    Annual accounts 20171,6 M €↑
  14. 2016
    Annual accounts 2016-1,5 M €↓
  15. 2014
    Annual accounts 2014194,4 k €↑
  16. 2013
    Annual accounts 201320,1 k €↓
  17. 2012
    Annual accounts 2012107,6 k €↓
  18. 2011
    Annual accounts 2011384,2 k €↑
  19. 2010
    Annual accounts 2010305,3 k €↓
  20. 2009
    Annual accounts 2009515,4 k €↑
  21. 2008
    Annual accounts 2008444,6 k €↑
  22. 2007
    Annual accounts 2007227,4 k €↓
  23. 2006
    Annual accounts 20061,6 M €
  24. 22/06/1978
    IncorporationPublic limited company