ACTIVE

Van Moer Rail

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Financial year 2025 · closed on 31/12/2025

Net result

-391,6 k €

-295.2% YoY

Revenue

115,1 M €

+12.4% YoY

Equity

8,8 M €

+299.5% YoY

Workforce

305,6 ETP

+12.9% YoY

What does Van Moer Rail do?

Van Moer Rail is a Public limited company incorporated in 1999. Its main activity is: Warehousing and storage. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 305,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.169.330

Incorporation

07/06/1999

Legal form

Public limited company

Registered office

Vitshoekstraat 11
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

8 800 000,00 €

Latest accounts

31/12/2025

Average workforce

305,6 ETP

Activities (NACE)

52100Warehousing and storage· main 52100Warehousing and storage 63122Web portals

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

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
Revenue	115,1 M €	+12.4%	102,5 M €	-6.9%	110 M €	+5.8%	104 M €	+41.6%	73,5 M €	+13.2%	64,9 M €	+16.9%	55,5 M €	+7.2%	51,8 M €	+37.4%	37,7 M €	+56.3%	24,1 M €	+31.3%	18,4 M €	+0.6%	18,2 M €	-10.2%	20,3 M €	+25.0%	16,3 M €	-6.8%	17,5 M €	+12.6%	15,5 M €	+18.5%	13,1 M €	-17.0%	15,8 M €	+16.6%	13,5 M €	+6.7%	12,7 M €
EBITDA	4,6 M €	-3.9%	4,7 M €	-8.1%	5,2 M €	+34.9%	3,8 M €	+36.1%	2,8 M €	+7.9%	2,6 M €	+12.0%	2,3 M €	+4.8%	2,2 M €	+22.7%	1,8 M €	+30.9%	1,4 M €	+20.4%	1,1 M €	-25.3%	1,5 M €	+0.5%	1,5 M €	+59.1%	962,7 k €	+211%	309,7 k €	-33.5%	465,7 k €	-26.2%	631 k €	-30.2%	904,6 k €	-2.2%	924,9 k €	-3.2%	955,7 k €
Operating result	466,5 k €	-48.4%	904,8 k €	-33.6%	1,4 M €	-3.3%	1,4 M €	+262%	389,8 k €	-41.4%	665,3 k €	+93.3%	344,2 k €	-12.4%	392,8 k €	+55.3%	252,9 k €	+1397%	16,9 k €	+110%	-171,8 k €	-159%	293,4 k €	-25.6%	394,2 k €	+120%	179,1 k €	+1993%	-9,5 k €	-125%	38,4 k €	-60.2%	96,6 k €	+279%	25,5 k €	-86.4%	188,1 k €	-23.7%	246,6 k €
Net result	-391,6 k €	-295%	-99,1 k €	-638%	18,4 k €	-95.7%	425,5 k €	+5974%	-7,2 k €	-103%	242,3 k €	+448%	44,2 k €	-10.6%	49,4 k €	-51.3%	101,6 k €	+282%	-55,7 k €	-1214%	-4,2 k €	+99.1%	-484,7 k €	-1417%	-32 k €	+50.8%	-65 k €	-1729%	4 k €	-95.4%	87,4 k €	+48.1%	59 k €	+40.2%	42,1 k €	-64.6%	119,1 k €	+614%	16,7 k €
Balance sheet
Equity	8,8 M €	+300%	2,2 M €	-4.3%	2,3 M €	+0.1%	2,3 M €	+15.0%	2 M €	-0.9%	2 M €	+2.7%	2 M €	-3.2%	2 M €	+1.1%	2 M €	+4.3%	1,9 M €	+605%	273,4 k €	-11.4%	308,4 k €	-65.2%	887,5 k €	-5.4%	938,6 k €	+33.5%	703,1 k €	-3.5%	728,5 k €	+8.6%	670,6 k €	+4.6%	641 k €	+27.8%	501,7 k €	+31.1%	382,6 k €
Total assets	34,2 M €	+25.3%	27,3 M €	+16.1%	23,5 M €	-32.6%	34,9 M €	+99.1%	17,5 M €	+13.1%	15,5 M €	+30.7%	11,9 M €	-6.1%	12,6 M €	+8.7%	11,6 M €	+14.0%	10,2 M €	+28.7%	7,9 M €	-0.6%	8 M €	-22.1%	10,2 M €	+3.2%	9,9 M €	+16.7%	8,5 M €	+137%	3,6 M €	-6.1%	3,8 M €	-15.2%	4,5 M €	-11.5%	5,1 M €	+5.8%	4,8 M €
Cash	0 €		0 €		–		12,1 M €		–		–		–		6 k €	+5.9%	5,7 k €	+539%	887 €	-92.2%	11,3 k €	+40.0%	8,1 k €	-47.4%	15,4 k €	-51.1%	31,5 k €	-97.2%	1,1 M €	+385%	232,9 k €	-46.3%	433,4 k €	+1460%	27,8 k €	-62.2%	73,5 k €	-33.9%	111,2 k €
Debts	24,7 M €	+3.7%	23,8 M €	+15.4%	20,6 M €	-35.8%	32,1 M €	+115%	14,9 M €	+29.2%	11,5 M €	+28.9%	9 M €	-10.4%	10 M €	+7.5%	9,3 M €	+15.2%	8,1 M €	+7.0%	7,5 M €	-0.3%	7,6 M €	-17.9%	9,2 M €	+4.7%	8,8 M €	+14.8%	7,7 M €	+181%	2,7 M €	-12.3%	3,1 M €	-17.1%	3,8 M €	-16.1%	4,5 M €	+3.9%	4,3 M €
Other
Workforce	305,6 ETP	+12.9%	270,8 ETP	-4.2%	282,8 ETP	+27.1%	222,5 ETP	+59.7%	139,3 ETP	+33.8%	104,1 ETP	+33.0%	78,3 ETP	+4.4%	75,0 ETP	+31.3%	57,1 ETP	+47.2%	38,8 ETP	+48.7%	26,1 ETP	+21.4%	21,5 ETP	+27.2%	16,9 ETP	+42.0%	11,9 ETP	-4.0%	12,4 ETP	+13.8%	10,9 ETP	+5.8%	10,3 ETP	-12.7%	11,8 ETP	-0.8%	11,9 ETP	+1.7%	11,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 30 ended

Active mandates

Steven Pauwels

Director · 0831.699.576

Represented by Steven Pauwels

Active

VAN MOER GROUP

Managing director · 0885.987.706

Represented by Johan Van Moer

Active

Ended mandates

VAN MOER GROUP

Managing director · since 01 janvier 2022 · until 01 mai 2028 · 0885.987.706

Represented by VV Johan Van Moer Van Moer Management BVBA

Ended

VAN MOER GROUP

Managing director · since 01 janvier 2022 · until 27 juin 2028 · 0885.987.706

Represented by Johan Van Moer

Ended

VAN MOER GROUP

Managing director · since 01 janvier 2020 · until 27 juin 2022 · 0885.987.706

Represented by Johan Van Moer

Ended

VAN MOER GROUP

Managing director · since 01 janvier 2020 · until 22 décembre 2022 · 0885.987.706

Represented by Johan Van Moer

Ended

At this address

Other companies at this address

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Administratiekantoor Singelberg● Active	1006.464.971
BLUE REAL ESTATE● Active	0759.727.754
PIRANDA● Active	0889.422.890
POLDERBLUES STABLES● Active	0831.923.270
VAN MOER BTW GROUP● Active	0894.175.197
VAN MOER CHEMICALS● Active	0437.523.943
Van Moer Cleaning & Repair● Active	0449.227.487
Van Moer Customs● Active	1034.806.391
VAN MOER FORWARDING● Active	0457.123.386
VAN MOER GROUP● Active	0885.987.706
VAN MOER MANAGEMENT● Active	0508.874.074
Van Moer Real Estate● Active	0778.482.903
Van Moer Stevedoring● Active	0831.820.629
VAN MOER STORAGE● Active	0456.456.363
VAN MOER TRANSPORT● Active	0861.669.311
WeBarge● Active	0643.534.127
WeBarge Holding● Active	1018.742.302

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	01/01/2025	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	08/06/2026	02/06/2025	06/06/2024	30/05/2023	30/05/2022	23/07/2021
General meeting	11/05/2026	12/05/2025	13/05/2024	08/05/2023	09/05/2022	28/06/2021
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
Full model	31/12/2025	11/05/2026	08/06/2026	Dutch	PDF
Full model	31/12/2024	12/05/2025	02/06/2025	Dutch	PDF
Full model	31/12/2023	13/05/2024	06/06/2024	Dutch	PDF
Full model	31/12/2022	08/05/2023	30/05/2023	Dutch	PDF
Full model	31/12/2021	09/05/2022	30/05/2022	Dutch	PDF
Full model	31/12/2020	28/06/2021	23/07/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	22/07/2020	Dutch	PDF
Full model	31/12/2018	24/06/2019	23/07/2019	Dutch	PDF
Full model	31/12/2017	19/06/2018	24/07/2018	Dutch	PDF
Full model	31/12/2016	29/06/2017	18/07/2017	Dutch	PDF
Full model	31/12/2015	25/06/2016	19/07/2016	Dutch	PDF
Full model	31/12/2014	27/06/2015	06/07/2015	Dutch	PDF
Full model	31/12/2013	28/06/2014	16/07/2014	Dutch	PDF
Full model	31/12/2012	22/06/2013	01/07/2013	Dutch	PDF
Full model	31/12/2011	30/06/2012	03/07/2012	Dutch	PDF
Full model	31/12/2010	23/06/2011	28/06/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	03/06/2010	Dutch	PDF
Full model	31/12/2008	18/06/2009	19/06/2009	Dutch	PDF
Full model	31/12/2007	16/05/2008	22/05/2008	Dutch	PDF
Full model	31/12/2006	16/05/2007	08/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 30 ended

Active mandates

Steven Pauwels

Director · 0831.699.576

Represented by Steven Pauwels

Active

VAN MOER GROUP

Managing director · 0885.987.706

Represented by Johan Van Moer

Active

Ended mandates

VAN MOER GROUP

Managing director · since 01 janvier 2022 · until 01 mai 2028 · 0885.987.706

Represented by VV Johan Van Moer Van Moer Management BVBA

Ended

VAN MOER GROUP

Managing director · since 01 janvier 2022 · until 27 juin 2028 · 0885.987.706

Represented by Johan Van Moer

Ended

VAN MOER GROUP

Managing director · since 01 janvier 2020 · until 27 juin 2022 · 0885.987.706

Represented by Johan Van Moer

Ended

VAN MOER GROUP

Managing director · since 01 janvier 2020 · until 22 décembre 2022 · 0885.987.706

Represented by Johan Van Moer

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates23/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2017
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 2025-391,6 k €↓
2024
Annual accounts 2024-99,1 k €↓
2023
Annual accounts 202318,4 k €↓
2022
Annual accounts 2022425,5 k €↑
2021
Annual accounts 2021-7,2 k €↓
2020
Annual accounts 2020242,3 k €↑
2019
Annual accounts 201944,2 k €↓
2018
Annual accounts 201849,4 k €↓
2017
Annual accounts 2017101,6 k €↑
2016
Annual accounts 2016-55,7 k €↓
2015
Annual accounts 2015-4,2 k €↑
2014
Annual accounts 2014-484,7 k €↓
2013
Annual accounts 2013-32 k €↑
2012
Annual accounts 2012-65 k €↓
2011
Annual accounts 20114 k €↓
2010
Annual accounts 201087,4 k €↑
2009
Annual accounts 200959 k €↑
2008
Annual accounts 200842,1 k €↓
2007
Annual accounts 2007119,1 k €↑
2006
Annual accounts 200616,7 k €
07/06/1999
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

Van Moer Rail

Overview

What does Van Moer Rail 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