ACTIVE

VANDOTRANS

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Financial year 2025 · closed on 31/12/2025

Net result

53,2 k €

+67.8% YoY

Gross margin

187,4 k €

+15.9% YoY

Equity

1,4 M €

-6.2% YoY

What does VANDOTRANS do?

VANDOTRANS is a Public limited company incorporated in 1991. Its main activity is: Freight transport by road. Its registered office is in Aalter.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.409.557

Incorporation

14/06/1991

Legal form

Public limited company

Registered office

Ambachtenlaan 3
9880 Aalter · FlandreSee on map

Contributed capital

610 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities 52100Warehousing and storage 52100Warehousing and storage 52250Support activities for transportation+3

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	187,4 k €	+15.9%	161,7 k €	-36.9%	256,2 k €	-19.9%	319,8 k €	+14.5%	279,4 k €	+11.1%	251,5 k €	+30.8%	192,3 k €	-13.7%	222,9 k €	-7.9%	242 k €	+0.9%	240 k €	-16.5%	287,4 k €	+59.8%	179,8 k €	-28.2%	250,4 k €	-26.3%	339,9 k €	-2.2%	347,4 k €	-10.9%	390,1 k €	+21.7%	320,6 k €	-42.9%	561,5 k €	+5.5%	532,4 k €	+22.9%	433,3 k €
EBITDA	104,5 k €	+27.8%	81,8 k €	-54.0%	177,6 k €	-28.3%	247,6 k €	+44.0%	171,9 k €	+33.4%	128,8 k €	+74.9%	73,6 k €	-27.8%	102 k €	-16.0%	121,4 k €	+38.8%	87,5 k €	-30.2%	125,3 k €	+572%	18,6 k €	-77.2%	81,6 k €	-34.5%	124,6 k €	-6.1%	132,8 k €	+20.0%	110,6 k €	+2.9%	107,5 k €	-59.3%	264,2 k €	+6.9%	247,1 k €	+57.0%	157,4 k €
Operating result	45,7 k €	+57.9%	29 k €	-79.6%	141,9 k €	-36.5%	223,5 k €	+50.6%	148,4 k €	+180%	52,9 k €	+785%	6 k €	-87.6%	48,2 k €	-29.0%	67,9 k €	+243%	19,8 k €	-65.7%	57,7 k €	+174%	-78 k €	-362%	-16,9 k €	-170%	24,1 k €	-25.4%	32,4 k €	+294%	-16,7 k €	-190%	18,6 k €	-86.0%	133,6 k €	+16.3%	114,9 k €	+267%	31,3 k €
Net result	53,2 k €	+67.8%	31,7 k €	-70.9%	109 k €	-34.3%	165,9 k €	+50.2%	110,4 k €	+120%	50,1 k €	+1316%	3,5 k €	-92.5%	47,1 k €	-29.3%	66,6 k €	+266%	18,2 k €	-67.9%	56,7 k €	+172%	-78,6 k €	-344%	-17,7 k €	-183%	21,3 k €	-25.6%	28,6 k €	+221%	-23,6 k €	-288%	12,6 k €	-86.8%	95,3 k €	+11.2%	85,7 k €	+463%	15,2 k €
Balance sheet
Equity	1,4 M €	-6.2%	1,5 M €	+2.2%	1,5 M €	+0.6%	1,4 M €	+13.0%	1,3 M €	+9.5%	1,2 M €	+4.5%	1,1 M €	+0.3%	1,1 M €	+4.4%	1,1 M €	+6.7%	999,8 k €	+1.9%	981,6 k €	+6.1%	924,9 k €	-7.8%	1 M €	-1.7%	1 M €	+2.1%	1 M €	+2.9%	971,4 k €	-2.4%	995 k €	+1.3%	982,5 k €	+10.7%	887,2 k €	+10.7%	801,5 k €
Total assets	1,5 M €	-3.1%	1,5 M €	+2.6%	1,5 M €	-1.1%	1,5 M €	+13.0%	1,3 M €	+9.2%	1,2 M €	+5.3%	1,2 M €	-0.4%	1,2 M €	+3.7%	1,1 M €	+5.8%	1,1 M €	+2.9%	1 M €	+2.1%	1 M €	-6.6%	1,1 M €	-4.6%	1,1 M €	+4.6%	1,1 M €	-3.9%	1,1 M €	-5.6%	1,2 M €	-8.4%	1,3 M €	-1.4%	1,3 M €	-5.3%	1,4 M €
Cash	267,9 k €	-5.9%	284,7 k €	+43.7%	198,1 k €	-54.9%	438,9 k €	-4.4%	459,2 k €	+114%	214,9 k €	+13.1%	190,1 k €	-12.6%	217,6 k €	-12.1%	247,6 k €	-12.9%	284,3 k €	+72.7%	164,6 k €	-38.0%	265,4 k €	+3.2%	257,1 k €	+70.4%	150,9 k €	+26.9%	118,9 k €	+9.1%	109 k €	-7.2%	117,4 k €	+266%	32,1 k €	+45.2%	22,1 k €	-2.5%	22,7 k €
Debts	85,8 k €	+117%	39,6 k €	+14.9%	34,5 k €	-42.7%	60,1 k €	+12.5%	53,4 k €	+4.0%	51,4 k €	+26.7%	40,6 k €	-17.1%	48,9 k €	-7.4%	52,9 k €	-11.9%	60 k €	+25.5%	47,8 k €	-38.7%	78 k €	+3.3%	75,5 k €	-31.3%	109,9 k €	+36.8%	80,3 k €	-47.7%	153,5 k €	-21.7%	196,1 k €	-38.5%	318,7 k €	-26.2%	431,9 k €	-26.9%	590,7 k €
Other
Workforce	–		–		–		–		–		–		–		1,8 ETP	0.0%	1,8 ETP	-28.0%	2,5 ETP	-10.7%	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	-34.9%	4,3 ETP	-12.2%	4,9 ETP	-19.7%	6,1 ETP	-1.6%	6,2 ETP	+1.6%	6,1 ETP	-4.7%	6,4 ETP	+1.6%	6,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

Carine Dobbelaere

Director · since 01 mai 2024 · until 30 avril 2030

Active

VANDO HOLD

Director · since 01 mai 2024 · until 30 avril 2030 · 1008.246.605

Represented by Stefaan Vandepitte

Active

Ended mandates

Carine Dobbelaere

Managing director · since 01 mai 2024 · until 01 mai 2030

Ended

VANDO HOLD

Director · since 01 mai 2024 · until 01 mai 2030 · 1008.246.605

Represented by Stefaan VANDEPITTE

Ended

C.A.R. ROGER DOBBELAERE - BONTE en Co

Director · since 23 janvier 2020 · until 23 janvier 2026 · 0442.179.745

Represented by Roger Dobbelaere

Ended

C.A.R. ROGER DOBBELAERE - BONTE en Co

Director · since 23 janvier 2020 · until 23 janvier 2026 · 0442.179.745

Represented by Roger Dobbelaere

Ended

At this address

Other companies at this address

Company	CBE no.
C.A.R. ROGER DOBBELAERE - BONTE en Co● Active	0442.179.745
TECHBIRDS● Active	1002.942.881
VANDO HOLD● Active	1008.246.605

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro 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	04/06/2026	08/05/2025	13/06/2024	24/08/2023	14/07/2022	30/06/2021
General meeting	02/06/2026	15/04/2025	07/05/2024	07/06/2023	24/06/2022	02/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/06/2026	04/06/2026	Dutch	PDF
Abridged model	31/12/2024	15/04/2025	08/05/2025	Dutch	PDF
Abridged model	31/12/2023	07/05/2024	13/06/2024	Dutch	PDF
Micro model	31/12/2022	07/06/2023	24/08/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	14/07/2022	Dutch	PDF
Micro model	31/12/2020	02/06/2021	30/06/2021	Dutch	PDF
Micro model	31/12/2019	03/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	19/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	15/06/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	19/06/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	13/06/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	08/06/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	12/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 24 ended

Active mandates

Carine Dobbelaere

Director · since 01 mai 2024 · until 30 avril 2030

Active

VANDO HOLD

Director · since 01 mai 2024 · until 30 avril 2030 · 1008.246.605

Represented by Stefaan Vandepitte

Active

Ended mandates

Carine Dobbelaere

Managing director · since 01 mai 2024 · until 01 mai 2030

Ended

VANDO HOLD

Director · since 01 mai 2024 · until 01 mai 2030 · 1008.246.605

Represented by Stefaan VANDEPITTE

Ended

C.A.R. ROGER DOBBELAERE - BONTE en Co

Director · since 23 janvier 2020 · until 23 janvier 2026 · 0442.179.745

Represented by Roger Dobbelaere

Ended

C.A.R. ROGER DOBBELAERE - BONTE en Co

Director · since 23 janvier 2020 · until 23 janvier 2026 · 0442.179.745

Represented by Roger Dobbelaere

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/06/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2003
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

2025
Annual accounts 202553,2 k €↑
2024
Annual accounts 202431,7 k €↓
2023
Annual accounts 2023109 k €↓
2022
Annual accounts 2022165,9 k €↑
2021
Annual accounts 2021110,4 k €↑
2020
Annual accounts 202050,1 k €↑
2019
Annual accounts 20193,5 k €↓
2018
Annual accounts 201847,1 k €↓
2017
Annual accounts 201766,6 k €↑
2016
Annual accounts 201618,2 k €↓
2015
Annual accounts 201556,7 k €↑
2014
Annual accounts 2014-78,6 k €↓
2013
Annual accounts 2013-17,7 k €↓
2012
Annual accounts 201221,3 k €↓
2011
Annual accounts 201128,6 k €↑
2010
Annual accounts 2010-23,6 k €↓
2009
Annual accounts 200912,6 k €↓
2008
Annual accounts 200895,3 k €↑
2007
Annual accounts 200785,7 k €↑
2006
Annual accounts 200615,2 k €
14/06/1991
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

VANDOTRANS

Overview

What does VANDOTRANS do?

Trend over 20 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