ACTIVE

V.B. LOGISTICS (SA)

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

1,1 M €

-10.1% YoY

Revenue

2,1 M €

-12.3% YoY

Equity

1,2 M €

-82.2% YoY

What does V.B. LOGISTICS do?

V.B. LOGISTICS is a Public limited company incorporated in 1987. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Pelt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.222.388

Incorporation

24/12/1987

Legal form

Public limited company

Registered office

Europalaan 31
3900 Pelt · FlandreSee on map

Contributed capital

820 971,89 €

Latest accounts

31/12/2024

Activities (NACE)

25510Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main 25610Treatment and coating of metals 28510Manufacture of machinery and equipment n.e.c.70200Management consultancy activities 70220Business and other management consultancy activities 71209Technical testing and analysis+3

Joint committees (4)

111
1110
209
2090

Contacts

4 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	2,1 M €	-12.3%	2,4 M €	+9.5%	2,2 M €		–		–		–		–		–		–		3,4 M €	+0.7%	3,4 M €	+18.5%	2,8 M €	+5.0%	2,7 M €	+17.0%	2,3 M €	+4.8%	2,2 M €	+12.9%	2 M €	+4.1%	1,9 M €	+13.4%	1,7 M €	+20.7%	1,4 M €
EBITDA	1,9 M €	-7.5%	2 M €	+22.3%	1,7 M €	-25.5%	2,2 M €	+3.9%	2,2 M €	+7.9%	2 M €	-7.0%	2,1 M €	+6.3%	2 M €	+1.0%	2 M €	+6.2%	1,9 M €	-2.1%	1,9 M €	+23.7%	1,6 M €	+18.9%	1,3 M €	+16.6%	1,1 M €	-0.4%	1,1 M €	+25.7%	898,1 k €	+23.0%	730,3 k €	-1.4%	740,5 k €	+43.6%	515,8 k €
Operating result	1,5 M €	-9.2%	1,6 M €	+43.1%	1,1 M €	-20.9%	1,4 M €	+12.6%	1,3 M €	+4.7%	1,2 M €	-8.5%	1,3 M €	+16.5%	1,1 M €	+3.9%	1,1 M €	+12.8%	968 k €	+35.8%	712,6 k €	-8.9%	781,9 k €	+31.2%	596,1 k €	+33.7%	445,7 k €	+3.6%	430,1 k €	+27.7%	336,8 k €	+128%	147,5 k €	+191%	-162,8 k €	-241%	115,6 k €
Net result	1,1 M €	-10.1%	1,2 M €	+56.4%	778,1 k €	-22.7%	1 M €	+15.3%	873 k €	+14.6%	761,7 k €	-5.8%	808,2 k €	+31.7%	613,9 k €	+9.0%	563,2 k €	-5.5%	596 k €	+73.1%	344,3 k €	-28.2%	479,4 k €	+19.4%	401,4 k €	+20.1%	334,2 k €	+0.7%	331,8 k €	+215%	-288,8 k €	-715%	-35,4 k €	+89.1%	-323,9 k €	-448%	93 k €
Balance sheet
Equity	1,2 M €	-82.2%	6,9 M €	-25.6%	9,3 M €	+9.1%	8,6 M €	+13.3%	7,6 M €	+13.1%	6,7 M €	+12.9%	5,9 M €	+16.0%	5,1 M €	+13.7%	4,5 M €	+14.4%	3,9 M €	+17.9%	3,3 M €	+11.5%	3 M €	+19.1%	2,5 M €	+19.1%	2,1 M €	+18.8%	1,8 M €	+22.9%	1,4 M €	-16.8%	1,7 M €	-2.1%	1,8 M €	-15.8%	2,1 M €
Total assets	12,9 M €	+7.8%	12 M €	-17.9%	14,6 M €	+33.3%	10,9 M €	+3.4%	10,6 M €	-2.3%	10,8 M €	+0.8%	10,8 M €	-7.7%	11,7 M €	-8.4%	12,7 M €	-7.0%	13,7 M €	-2.0%	14 M €	+28.9%	10,8 M €	+54.6%	7 M €	+18.0%	5,9 M €	-6.8%	6,4 M €	-7.0%	6,8 M €	-3.9%	7,1 M €	+18.3%	6 M €	+109%	2,9 M €
Cash	65,9 k €	-96.4%	1,8 M €	+1102%	153,3 k €	-73.9%	588 k €	+36.1%	432,1 k €	+175%	157,2 k €	+380%	32,8 k €	-90.0%	326,5 k €	-52.0%	679,8 k €	-31.2%	987,9 k €	+1692%	55,1 k €	-87.4%	438,2 k €	+151%	174,6 k €	+92.3%	90,8 k €	+390%	18,5 k €	-85.8%	130,5 k €	-47.6%	249,2 k €	+368%	53,2 k €	-86.6%	396,3 k €
Debts	11,6 M €	+133%	5 M €	-4.2%	5,2 M €	+121%	2,4 M €	-21.5%	3 M €	-27.2%	4,1 M €	-14.1%	4,8 M €	-26.2%	6,5 M €	-20.5%	8,2 M €	-15.7%	9,7 M €	-8.7%	10,6 M €	+35.1%	7,8 M €	+74.3%	4,5 M €	+17.5%	3,8 M €	-16.6%	4,6 M €	-14.9%	5,4 M €	+0.5%	5,4 M €	+26.6%	4,2 M €	+453%	768,1 k €
Other
Workforce	–		0,0 ETP	-100%	2,4 ETP	-77.6%	10,7 ETP	+1.9%	10,5 ETP	0.0%	10,5 ETP	-2.8%	10,8 ETP	-5.3%	11,4 ETP	+15.2%	9,9 ETP	-6.6%	10,6 ETP	+1.0%	10,5 ETP	+20.7%	8,7 ETP	-1.1%	8,8 ETP	0.0%	8,8 ETP	+8.6%	8,1 ETP	+19.1%	6,8 ETP	-1.4%	6,9 ETP	-5.5%	7,3 ETP	+14.1%	6,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 29 ended

Active mandates

AVALOR

Managing director · since 06 juin 2022 · until 06 juin 2028 · 0500.631.648

Represented by Michiel AVONTUUR

Active

HERCULES INVEST

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.350.926

Represented by Reinier VAN LUIJT

Active

JoWe Beheer BV

Director · since 24 février 2022 · until 06 juin 2028 · 0782.939.953

Represented by Joost WEGINK

Active

Opcore

Director · since 24 février 2022 · until 06 juin 2028 · 0782.257.785

Represented by Ronnie EERDEKENS

Active

Ended mandates

AVALOR

Managing director · since 06 juin 2022 · until 06 juin 2028 · 0500.631.648

Represented by Avontuur MICHIEL

Ended

AVALOR

Managing director · since 06 juin 2022 · until 06 juin 2028 · 0500.631.648

Represented by Michiel AVONTUUR

Ended

HERCULES INVEST

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.350.926

Represented by Reinier VAN LUIJT

Ended

HERCULES INVEST

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.350.926

Represented by Reinier Van Luijt

Ended

At this address

Other companies at this address

Company	CBE no.
BALAK COATINGS● Active	0452.884.882
Balak Fences● Active	0823.182.679
BALAK INDUSTRIES● Active	0433.219.222
FENCING GROUP● Active	0784.432.565
HERCULES INVEST● Active	0782.350.926

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/07/2025	13/07/2024	04/07/2023	30/06/2022	26/07/2021	17/07/2020
General meeting	30/06/2025	30/06/2024	30/06/2023	07/06/2022	30/06/2021	30/06/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	30/06/2025	10/07/2025	Dutch	PDF
Full model	31/12/2023	30/06/2024	13/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	26/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	17/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	20/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	28/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Full model	31/12/2013	03/06/2014	17/06/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	29/08/2013	Dutch	PDF
Full model	31/12/2011	05/06/2012	04/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	13/07/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	30/06/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	01/07/2009	Dutch	PDF
Full model	31/12/2007	03/06/2008	04/07/2008	Dutch	PDF
Full model	31/12/2006	05/06/2007	12/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024 · 4 active · 29 ended

Active mandates

AVALOR

Managing director · since 06 juin 2022 · until 06 juin 2028 · 0500.631.648

Represented by Michiel AVONTUUR

Active

HERCULES INVEST

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.350.926

Represented by Reinier VAN LUIJT

Active

JoWe Beheer BV

Director · since 24 février 2022 · until 06 juin 2028 · 0782.939.953

Represented by Joost WEGINK

Active

Opcore

Director · since 24 février 2022 · until 06 juin 2028 · 0782.257.785

Represented by Ronnie EERDEKENS

Active

Ended mandates

AVALOR

Managing director · since 06 juin 2022 · until 06 juin 2028 · 0500.631.648

Represented by Avontuur MICHIEL

Ended

AVALOR

Managing director · since 06 juin 2022 · until 06 juin 2028 · 0500.631.648

Represented by Michiel AVONTUUR

Ended

HERCULES INVEST

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.350.926

Represented by Reinier VAN LUIJT

Ended

HERCULES INVEST

Managing director · since 24 février 2022 · until 06 juin 2028 · 0782.350.926

Represented by Reinier Van Luijt

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring10/08/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/04/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates21/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/03/2022
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

2024
Annual accounts 20241,1 M €↓
2023
Annual accounts 20231,2 M €↑
2022
Annual accounts 2022778,1 k €↓
2021
Annual accounts 20211 M €↑
2020
Annual accounts 2020873 k €↑
2019
Annual accounts 2019761,7 k €↓
2018
Annual accounts 2018808,2 k €↑
2017
Annual accounts 2017613,9 k €↑
2016
Annual accounts 2016563,2 k €↓
2015
Annual accounts 2015596 k €↑
2014
Annual accounts 2014344,3 k €↓
2013
Annual accounts 2013479,4 k €↑
2012
Annual accounts 2012401,4 k €↑
2011
Annual accounts 2011334,2 k €↑
2010
Annual accounts 2010331,8 k €↑
2009
Annual accounts 2009-288,8 k €↓
2008
Annual accounts 2008-35,4 k €↑
2007
Annual accounts 2007-323,9 k €↓
2006
Annual accounts 200693 k €
24/12/1987
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

V.B. LOGISTICS (SA)

Overview

What does V.B. LOGISTICS do?

Trend over 19 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