ACTIVE

VB Line

Financial year 2025 · closed on 30/09/2025
Net result
203,5 k €
-14.1% YoY
Gross margin
982,5 k €
+14.5% YoY
Equity
969,3 k €
+26.6% YoY
Workforce
6,4 ETP
+28.0% YoY

What does VB Line do?

VB Line is a Private limited company incorporated in 1982. Its main activity is: Freight transport by road. Its registered office is in Pittem. It employs on average 6,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.252.273
Incorporation
29/12/1982
Legal form
Private limited company
Registered office
veldwachter Victor Maeseelestr. 16
8740 Pittem · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
30/09/2025
Average workforce
6,4 ETP
Joint committees (2)
  • 140
  • 14003
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022201820172016201520142012201120102009200820072006
Income statement
Gross margin982,5 k €857,8 k €646,7 k €428,1 k €-2,9 k €12,6 k €1,1 k €-7,8 k €-14,1 k €2,7 k €21,4 k €15,6 k €14,6 k €17,2 k €14,2 k €14,5 k €
EBITDA486,2 k €492,7 k €380,1 k €187,6 k €-4 k €12,1 k €634 €-10,1 k €-14,4 k €2,4 k €20,9 k €15,3 k €13,3 k €16,8 k €13,9 k €14,3 k €
Operating result322,4 k €365,5 k €282 k €140,9 k €-4 k €8,3 k €-243 €-16,5 k €-20,8 k €-5,4 k €12,7 k €11,9 k €4,4 k €8,4 k €5,1 k €4,9 k €
Net result203,5 k €236,9 k €192,3 k €101,1 k €-2,3 k €7,6 k €2,2 k €-18,8 k €-18,5 k €-5,6 k €10,3 k €10,3 k €3,6 k €7 k €4,1 k €6,3 k €
Balance sheet
Equity969,3 k €765,8 k €528,9 k €336,7 k €20,5 k €66,8 k €59,2 k €57 k €75,8 k €92,9 k €98,6 k €90,7 k €82,8 k €79,2 k €74,6 k €70,5 k €
Total assets1,5 M €1,3 M €992,3 k €606 k €45,7 k €71,7 k €62,4 k €58,4 k €80,7 k €99,1 k €110,4 k €104,3 k €107 k €95,9 k €76,8 k €72,5 k €
Cash463,6 k €326,9 k €189,4 k €81 k €118 €23,5 k €52,2 k €50,8 k €47,6 k €63,5 k €76,3 k €67,6 k €67,8 k €38 k €27,7 k €25,4 k €
Debts512,3 k €531 k €462,2 k €266,8 k €25,2 k €4,9 k €1,5 k €1,4 k €4,9 k €6,2 k €11,8 k €8 k €22,8 k €16,7 k €2,2 k €2 k €
Other
Workforce6,4 ETP5,0 ETP4,3 ETP5,1 ETP0,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 3 ended

Active mandates

Tineke Bruynsteen

Director · since 13 février 2019

Active

Ended mandates

TINEKE BRUYNSTEEN

Manager · since 13 février 2019

Ended
MARAM

Manager · since 18 juillet 2018 · 0892.245.590

Represented by Geert Viaene

Ended
Filip Van Hilst

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/01/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months21 months
Filing date07/04/202604/04/202504/04/202403/04/202331/03/202230/03/2021
General meeting25/03/202628/03/202529/03/202431/03/202325/03/202226/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202525/03/202607/04/2026DutchPDF
Abridged model30/09/202428/03/202504/04/2025DutchPDF
Abridged model30/09/202329/03/202404/04/2024DutchPDF
Abridged model30/09/202231/03/202303/04/2023DutchPDF
Abridged model30/09/202125/03/202231/03/2022DutchPDF
Abridged model30/09/202026/03/202130/03/2021DutchPDF
Abridged model31/12/201817/01/201928/02/2019DutchPDF
Abridged model31/12/201702/06/201820/07/2018DutchPDF
Micro model31/12/201603/06/201705/07/2017DutchPDF
Abridged model31/12/201504/06/201614/06/2016DutchPDF
Abridged model31/12/201406/06/201501/07/2015DutchPDF
Abridged model31/12/201307/06/201403/07/2014DutchPDF
Abridged model31/12/201201/06/201302/07/2013DutchPDF
Abridged model31/12/201102/06/201229/06/2012DutchPDF
Abridged model31/12/201004/06/201129/06/2011DutchPDF
Abridged model31/12/200905/06/201022/06/2010DutchPDF
Abridged model31/12/200806/06/200930/06/2009DutchPDF
Abridged model31/12/200707/06/200803/07/2008DutchPDF
Abridged modelCorrection31/12/200602/06/200728/09/2007DutchPDF
Abridged model31/12/200602/06/200714/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 1 active · 3 ended

Active mandates

Tineke Bruynsteen

Director · since 13 février 2019

Active

Ended mandates

TINEKE BRUYNSTEEN

Manager · since 13 février 2019

Ended
MARAM

Manager · since 18 juillet 2018 · 0892.245.590

Represented by Geert Viaene

Ended
Filip Van Hilst

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office11/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/07/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/09/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2019
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates05/09/2018
    MAATSCHAPPELIJKE ZETEL - 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 2025203,5 k €
  2. 2024
    Annual accounts 2024236,9 k €
  3. 2023
    Annual accounts 2023192,3 k €
  4. 2022
    Annual accounts 2022101,1 k €
  5. 2018
    Annual accounts 2018-2,3 k €
  6. 2017
    Annual accounts 20177,6 k €
  7. 2016
    Annual accounts 20162,2 k €
  8. 2015
    Annual accounts 2015-18,8 k €
  9. 2014
    Annual accounts 2014-18,5 k €
  10. 2012
    Annual accounts 2012-5,6 k €
  11. 2011
    Annual accounts 201110,3 k €
  12. 2010
    Annual accounts 201010,3 k €
  13. 2009
    Annual accounts 20093,6 k €
  14. 2008
    Annual accounts 20087 k €
  15. 2007
    Annual accounts 20074,1 k €
  16. 2006
    Annual accounts 20066,3 k €
  17. 29/12/1982
    IncorporationPrivate limited company