ACTIVE

TRANS-SERVICE EXPRESS

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Financial year 2025 · Closed on 31/12/2025

Net result82,2 k €+41,8 %over 1 year

Gross margin514,8 k €+26,0 %over 1 year

Equity180,4 k €+4,1 %over 1 year

Workforce8,1 ETP+14,1 %over 1 year

Identity

Source · BCE/KBO

TRANS-SERVICE EXPRESS is a Public limited company incorporated in 1986. Its main activity is: Freight transport by road. Its registered office is in Ixelles. It employs on average 8,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0429.987.241
Incorporation: 12/12/1986
Legal form: Public limited company
Registered office: Avenue de la Couronne 250
1050 Ixelles · BruxellesSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 8,1 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities 49420Removal services 49420Removal services 77110Rental and leasing of cars and light motor vehicles+1

Joint committees (3)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	514,8 k €	+26.0%	408,5 k €	+38.5%	295 k €	-19.1%	364,5 k €	+35.6%	268,9 k €
EBITDA	216,6 k €	+29.1%	167,8 k €	+39.8%	120 k €	-26.2%	162,6 k €	+105%	79,3 k €
Operating result	128,1 k €	+37.5%	93,2 k €	+196%	31,4 k €	-6.7%	33,7 k €	+71.5%	19,6 k €
Net result	82,2 k €	+41.8%	57,9 k €	+683%	7,4 k €	-17.8%	9 k €	+117%	4,1 k €
Balance sheet
Equity	180,4 k €	+4.1%	173,3 k €	+2.9%	168,3 k €	+4.6%	160,9 k €	+5.9%	151,9 k €
Total assets	583 k €	-4.6%	611,4 k €	+16.5%	524,9 k €	-17.5%	636,5 k €	+16.2%	547,9 k €
Cash	5,4 k €	-33.0%	8 k €	-43.9%	14,3 k €	+1716%	785,2 €	-53.5%	1,7 k €
Debts	402,6 k €	-8.1%	438,1 k €	+22.9%	356,5 k €	-25.0%	475,6 k €	+20.1%	396 k €
Other
Workforce	8,1 ETP	+14.1%	7,1 ETP	+9.2%	6,5 ETP	-4.4%	6,8 ETP	-9.3%	7,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 15 ended

Active mandates

Bart GOVAERTS

Director · until 20 avril 2029

Active

Hubert GOVAERTS

Director · until 20 avril 2029

Active

Ended mandates

Bart GOVAERTS

Managing director · since 20 avril 2013 · until 20 avril 2019

Ended

Hubert GOVAERTS

Managing director · since 20 avril 2013 · until 20 avril 2019

Ended

Bart GOVAERTS

Director · until 30 septembre 2007

Ended

Bart GOVAERTS

Director · until 11 mai 2009

Ended

Other companies at this address

Avenue de la Couronne 250 1050 Ixelles

Company	CBE no.
BBE RENOV● Active	1019.137.032

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	06/05/2026	15/05/2025	15/05/2024	09/06/2023	21/04/2022	14/05/2021
General meeting	20/04/2026	22/04/2025	20/04/2024	11/05/2023	20/04/2022	20/04/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/04/2026	06/05/2026	Dutch	PDF
Abridged model	31/12/2024	22/04/2025	15/05/2025	Dutch	PDF
Abridged model	31/12/2023	20/04/2024	15/05/2024	Dutch	PDF
Abridged model	31/12/2022	11/05/2023	09/06/2023	Dutch	PDF
Abridged model	31/12/2021	20/04/2022	21/04/2022	Dutch	PDF
Abridged model	31/12/2020	20/04/2021	14/05/2021	Dutch	PDF
Abridged model	31/12/2019	20/04/2020	19/05/2020	Dutch	PDF
Abridged model	31/12/2018	20/04/2019	15/05/2019	Dutch	PDF
Abridged model	31/12/2017	20/04/2018	17/05/2018	Dutch	PDF
Abridged model	31/12/2016	20/04/2017	19/05/2017	Dutch	PDF
Abridged model	31/12/2015	20/04/2016	20/05/2016	Dutch	PDF
Abridged model	31/12/2014	20/04/2015	18/05/2015	Dutch	PDF
Abridged model	31/12/2013	22/04/2014	22/05/2014	Dutch	PDF
Abridged model	31/12/2012	20/04/2013	24/04/2013	Dutch	PDF
Abridged model	31/12/2011	20/04/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	20/04/2011	06/07/2011	Dutch	PDF
Abridged model	31/12/2009	20/04/2010	29/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/04/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	21/04/2008	11/08/2008	Dutch	PDF
Abridged model	31/12/2006	20/04/2007	11/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 15 ended

Active mandates

Bart GOVAERTS

Director · until 20 avril 2029

Active

Hubert GOVAERTS

Director · until 20 avril 2029

Active

Ended mandates

Bart GOVAERTS

Managing director · since 20 avril 2013 · until 20 avril 2019

Ended

Hubert GOVAERTS

Managing director · since 20 avril 2013 · until 20 avril 2019

Ended

Bart GOVAERTS

Director · until 30 septembre 2007

Ended

Bart GOVAERTS

Director · until 11 mai 2009

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/11/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office28/10/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other08/05/2012
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office18/01/2012
ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/02/2010
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202582,2 k €↑
2024
Annual accounts 202457,9 k €↑
2023
Annual accounts 20237,4 k €↓
2022
Annual accounts 20229 k €↑
2021
Annual accounts 20214,1 k €↑
2020
Annual accounts 20201,5 k €↓
2019
Annual accounts 20194,7 k €↑
2018
Annual accounts 20183,7 k €↑
2017
Annual accounts 20171,3 k €↓
2016
Annual accounts 20162,3 k €↑
2015
Annual accounts 2015783,5 €↓
2014
Annual accounts 201412,1 k €↑
2013
Annual accounts 20135,5 k €↑
2012
Annual accounts 20124 k €↑
2011
Annual accounts 2011-6,7 k €↓
2010
Annual accounts 20106,8 k €↓
2009
Annual accounts 200926,9 k €↑
2008
Annual accounts 20083,1 k €↓
2007
Annual accounts 20074,4 k €↑
2006
Annual accounts 20061,7 k €
12/12/1986
IncorporationPublic limited company

TRANS-SERVICE EXPRESS

Overview

Identity

Financials

Valuation

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

Timeline