ACTIVE

FLEETCO

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Financial year 2025 · closed on 31/03/2025

Net result

2,2 M €

+6.8% YoY

Revenue

83,6 M €

+12.9% YoY

Equity

55,1 M €

+4.2% YoY

What does FLEETCO do?

FLEETCO is a Public limited company incorporated in 1982. Its main activity is: Rental and leasing of cars and light motor vehicles. Its registered office is in Halle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.051.939

Incorporation

25/10/1982

Legal form

Public limited company

Registered office

Edingensesteenweg 196
1500 Halle · FlandreSee on map

Contributed capital

20 800 000,43 €

Latest accounts

31/03/2025

Activities (NACE)

77110Rental and leasing of cars and light motor vehicles· main 77110Rental and leasing of cars and light motor vehicles

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2010		2009
Income statement
Revenue	83,6 M €	+12.9%	74,1 M €	+3.6%	71,5 M €	+15.7%	61,8 M €	+65.1%	37,4 M €	+17.9%	31,8 M €	+22.3%	26 M €	+23.6%	21 M €	+51.3%	13,9 M €	+72.3%	8,1 M €	+617%	1,1 M €		–		–		2,3 M €	-13.3%	2,6 M €
EBITDA	52,8 M €	+15.4%	45,7 M €	-1.0%	46,2 M €	+11.9%	41,3 M €	+37.8%	29,9 M €	+25.7%	23,8 M €	+30.3%	18,3 M €	+22.2%	15 M €	+55.9%	9,6 M €	+112%	4,5 M €	+774%	518,2 k €	+1052%	-54,4 k €	-146%	119,2 k €	-93.9%	1,9 M €	-3.0%	2 M €
Operating result	6,1 M €	+11.3%	5,5 M €	-48.0%	10,6 M €	+36.2%	7,8 M €	+113%	3,6 M €	+93.8%	1,9 M €	+430%	354,4 k €	-80.9%	1,9 M €	+49.1%	1,2 M €	+4296%	28,3 k €	+116%	-176,3 k €	-224%	-54,5 k €	-290%	28,7 k €	-95.7%	661 k €	+58.7%	416,6 k €
Net result	2,2 M €	+6.8%	2,1 M €	-72.2%	7,4 M €	+31.1%	5,6 M €	+119%	2,6 M €	+110%	1,2 M €	+525%	196,7 k €	-88.3%	1,7 M €	+41.0%	1,2 M €	+15982%	-7,5 k €	+95.1%	-153 k €	-455%	-27,6 k €	-128%	99 k €	-95.2%	2,1 M €	-48.0%	4 M €
Balance sheet
Equity	55,1 M €	+4.2%	52,9 M €	+4.0%	50,9 M €	+17.0%	43,5 M €	+14.9%	37,8 M €	+7.3%	35,3 M €	+3.6%	34 M €	+0.6%	33,8 M €	+5.3%	32,2 M €	+198%	10,8 M €	-0.1%	10,8 M €	-1.4%	10,9 M €	-0.3%	11 M €	-91.4%	128,2 M €	+1.6%	126,1 M €
Total assets	185,5 M €	+28.0%	145 M €	+17.8%	123,1 M €	+10.8%	111,1 M €	+21.2%	91,7 M €	+27.1%	72,2 M €	+18.2%	61,1 M €	+3.7%	58,9 M €	+42.0%	41,5 M €	+54.6%	26,8 M €	+108%	12,9 M €	+17.7%	11 M €	-0.5%	11 M €	-91.4%	128,6 M €	-1.7%	130,8 M €
Cash	20,9 M €		–		–		–		–		–		–		–		–		–		103,6 k €	-98.3%	5,9 M €	-0.8%	6 M €	-66.6%	17,9 M €	-21.6%	22,9 M €
Debts	130,4 M €	+41.7%	92 M €	+27.5%	72,2 M €	+6.8%	67,6 M €	+25.5%	53,9 M €	+45.9%	36,9 M €	+36.6%	27 M €	+7.9%	25 M €	+169%	9,3 M €	-41.9%	16 M €	+664%	2,1 M €	+25444%	8,2 k €	-74.8%	32,7 k €	-89.1%	298,6 k €	-93.3%	4,4 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 5 active · 8 ended

Active mandates

Jef Colruyt

Director

Active

Jo Willemyns

Director

Active

Kris Castelein

Director

Active

Stefaan Vandamme

Director

Active

Stefan Goethaert

Director

Active

Ended mandates

Stefaan Vandamme

Director · since 01 février 2019

Ended

Ernst et Young Reviseurs d'Entreprises

Mandate · 0446.334.711

Represented by Daniel Wuyts

Ended

Franciscus Colruyt

Director

Ended

Frans Colruyt

Director · until 31 janvier 2019

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/09/2025	18/10/2024	19/09/2023	26/09/2022	23/09/2021	25/09/2020
General meeting	11/09/2025	12/09/2024	14/09/2023	08/09/2022	09/09/2021	10/09/2020
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	31/03/2025	11/09/2025	23/09/2025	Dutch	PDF
Full model	31/03/2024	12/09/2024	18/10/2024	Dutch	PDF
Full model	31/03/2023	14/09/2023	19/09/2023	Dutch	PDF
Full model	31/03/2022	08/09/2022	26/09/2022	Dutch	PDF
Full model	31/03/2021	09/09/2021	23/09/2021	Dutch	PDF
Full model	31/03/2020	10/09/2020	25/09/2020	Dutch	PDF
Full model	31/03/2019	12/09/2019	18/09/2019	Dutch	PDF
Full model	31/03/2018	13/09/2018	25/09/2018	Dutch	PDF
Full model	31/03/2017	14/09/2017	19/09/2017	Dutch	PDF
Full model	31/03/2016	08/09/2016	27/09/2016	Dutch	PDF
Full model	31/03/2015	10/09/2015	22/09/2015	Dutch	PDF
Full model	31/03/2014	11/09/2014	22/09/2014	Dutch	PDF
Full model	31/03/2013	12/09/2013	23/09/2013	Dutch	PDF
Full model	31/03/2012	13/09/2012	25/09/2012	Dutch	PDF
Full model	31/03/2011	08/09/2011	26/09/2011	Dutch	PDF
Full model	31/03/2010	09/09/2010	15/09/2010	Dutch	PDF
Full model	31/03/2009	10/09/2009	16/09/2009	Dutch	PDF
Full model	31/03/2008	11/09/2008	19/09/2008	Dutch	PDF
Full model	31/03/2007	13/09/2007	04/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 31/03/2025 · 5 active · 8 ended

Active mandates

Jef Colruyt

Director

Active

Jo Willemyns

Director

Active

Kris Castelein

Director

Active

Stefaan Vandamme

Director

Active

Stefan Goethaert

Director

Active

Ended mandates

Stefaan Vandamme

Director · since 01 février 2019

Ended

Ernst et Young Reviseurs d'Entreprises

Mandate · 0446.334.711

Represented by Daniel Wuyts

Ended

Franciscus Colruyt

Director

Ended

Frans Colruyt

Director · until 31 janvier 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other06/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING
PDF
Mandates29/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2016
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

11/09/2025
reconductionEef Naessens — commissaris
2025
Annual accounts 20252,2 M €↑
2024
Annual accounts 20242,1 M €↓
14/09/2023
reconductionJef Colruyt — bestuurder
14/09/2023
reconductionStefaan Vandamme — bestuurder
14/09/2023
reconductionKris Castelein — bestuurder
2023
Annual accounts 20237,4 M €↑
01/04/2022
nominationJo WILLEMYNS — bestuurder
01/04/2022
nominationStefan GOETHAERT — bestuurder
2022
Annual accounts 20225,6 M €↑
2021
Annual accounts 20212,6 M €↑
2020
Annual accounts 20201,2 M €↑
2019
Annual accounts 2019196,7 k €↓
2018
Annual accounts 20181,7 M €↑
2017
Annual accounts 20171,2 M €↑
2016
Annual accounts 2016-7,5 k €↑
2015
Annual accounts 2015-153 k €↓
2014
Annual accounts 2014-27,6 k €↓
2013
Annual accounts 201399 k €↓
2010
Annual accounts 20102,1 M €↓
2009
Annual accounts 20094 M €
25/10/1982
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

FLEETCO

Overview

What does FLEETCO do?

Trend over 15 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