ACTIVE

VLS-EXPRESS

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Financial year 2025 · closed on 30/09/2025

Net result

62,3 k €

-79.1% YoY

Gross margin

140,8 k €

-67.4% YoY

Equity

73 k €

-85.7% YoY

Workforce

1,0 ETP

-33.3% YoY

What does VLS-EXPRESS do?

VLS-EXPRESS is a Private limited company incorporated in 2000. Its main activity is: Freight transport by road. Its registered office is in Zaventem. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.417.228

Incorporation

10/03/2000

Legal form

Private limited company

Registered office

Excelsiorlaan 57
1930 Zaventem · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

30/09/2025

Average workforce

1,0 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 53200Other postal and courier activities 53200Other postal and courier activities 60242Television programming and broadcasting activities 64120Monetary intermediation+3

Joint committees (2)

14003
226

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	140,8 k €	-67.4%	431,3 k €	+42.9%	301,9 k €	+127%	133 k €	+61.5%	82,4 k €	+59.5%	51,6 k €	-81.6%	280,1 k €	+307%	68,8 k €	-52.7%	145,5 k €	+96.7%	74 k €	+297%	-37,7 k €	-139%	96,4 k €	+23.5%	78,1 k €	+36.1%	57,4 k €	+87.8%	30,6 k €	+34.1%	22,8 k €	+140%	9,5 k €	-68.0%	29,6 k €	+36.2%	21,8 k €
EBITDA	90,8 k €	-75.0%	363,7 k €	+59.3%	228,2 k €	+98.9%	114,7 k €	+44.4%	79,4 k €	+60.3%	49,6 k €	-82.2%	277,9 k €	+322%	65,8 k €	-52.1%	137,4 k €	+96.5%	69,9 k €	+275%	-40 k €	-143%	92,6 k €	+23.5%	75 k €	+39.4%	53,8 k €	+90.2%	28,3 k €	+161%	10,8 k €	+52.0%	7,1 k €	-73.4%	26,7 k €	+37.2%	19,5 k €
Operating result	89,5 k €	-75.4%	363,1 k €	+60.0%	227 k €	+101%	112,7 k €	+58.5%	71,1 k €	+78.1%	39,9 k €	-85.1%	268,6 k €	+356%	59 k €	-53.8%	127,5 k €	+109%	60,9 k €	+224%	-49,1 k €	-158%	84,5 k €	+24.8%	67,7 k €	+45.0%	46,7 k €	+127%	20,5 k €	+624%	-3,9 k €	+60.2%	-9,9 k €	-184%	11,7 k €	-17.0%	14,1 k €
Net result	62,3 k €	-79.1%	297,7 k €	+80.8%	164,6 k €	+85.8%	88,6 k €	+23.9%	71,5 k €	+350%	-28,7 k €	-116%	177,8 k €	+680%	22,8 k €	-73.5%	86,1 k €	+49.8%	57,5 k €	+196%	-59,8 k €	-202%	58,5 k €	+60.3%	36,5 k €	+72.1%	21,2 k €	+130%	9,2 k €	+1079%	-941 €	+94.0%	-15,6 k €	-577%	3,3 k €	-49.3%	6,5 k €
Balance sheet
Equity	73 k €	-85.7%	510,7 k €	+53.4%	333 k €	-9.6%	368,3 k €	-19.5%	457,5 k €	+18.5%	386 k €	-6.9%	414,7 k €	+75.1%	236,9 k €	+10.7%	214,1 k €	+67.3%	127,9 k €	+81.6%	70,5 k €	-45.9%	130,2 k €	+50.2%	86,7 k €	+44.1%	60,1 k €	+54.5%	38,9 k €	+31.0%	29,7 k €	-3.1%	30,7 k €	-33.7%	46,2 k €	+7.6%	43 k €
Total assets	796,5 k €	-6.6%	852,5 k €	+34.3%	634,6 k €	+10.2%	575,9 k €	+14.9%	501,3 k €	+19.5%	419,7 k €	-30.5%	603,7 k €	+49.8%	402,9 k €	+5.4%	382,4 k €	+80.5%	211,9 k €	-41.0%	359,4 k €	+16.7%	307,8 k €	+68.5%	182,7 k €	+0.7%	181,4 k €	+162%	69,1 k €	-5.0%	72,8 k €	-3.3%	75,3 k €	-17.4%	91,2 k €	-2.5%	93,5 k €
Cash	432,6 k €	-10.0%	480,9 k €	+148%	194,1 k €	+162%	74 k €	-62.1%	195,1 k €	-44.0%	348,5 k €	+50.6%	231,5 k €		–		–		34 k €	-72.9%	125,2 k €		–		88,8 k €		–		2,3 k €	-87.1%	17,5 k €	+60.9%	10,9 k €	-14.6%	12,8 k €	-70.9%	43,8 k €
Debts	723,5 k €	+112%	341,8 k €	+13.3%	301,6 k €	+45.3%	207,5 k €	+374%	43,8 k €	+30.1%	33,7 k €	-82.2%	189,1 k €	+14.0%	165,9 k €	-1.5%	168,4 k €	+100%	84 k €	-70.9%	288,9 k €	+62.7%	177,6 k €	+85.0%	96 k €	-20.8%	121,3 k €	+301%	30,2 k €	-29.9%	43,1 k €	-3.5%	44,6 k €	-0.7%	44,9 k €	-11.1%	50,5 k €
Other
Workforce	1,0 ETP	-33.3%	1,5 ETP	-28.6%	2,1 ETP	+133%	0,9 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 30/09/2025 · 1 active · 6 ended

Active mandates

SMART AVIATION

Director · 0666.392.473

Represented by ABDELLAH BEN TOUHAMI

Active

Ended mandates

SMART AVIATION

Director · since 03 mai 2022 · 0666.392.473

Represented by ABDELLAH BEN TOUHAMI

Ended

SVEN VERPAELST

Manager · since 15 août 2013

Ended

SVEN VERPAELST

Director · until 03 mai 2022

Ended

SVEN VERPPLAETS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
DDH WORLD● Active	1040.773.970
DHD Group● Active	1039.040.442
DHD TRANSPORT● Active	0700.583.290
EUROSYSTEMS GA BELGIUM● Active	0407.162.250

Annual accounts

Full financial information

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/01/2026	16/03/2025	29/04/2024	30/04/2023	08/03/2022	22/03/2021
General meeting	18/12/2025	22/02/2025	24/02/2024	25/02/2023	26/02/2022	27/02/2021
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	30/09/2025	18/12/2025	05/01/2026	Dutch	PDF
Abridged model	30/09/2024	22/02/2025	16/03/2025	Dutch	PDF
Abridged model	30/09/2023	24/02/2024	29/04/2024	Dutch	PDF
Abridged model	30/09/2022	25/02/2023	30/04/2023	Dutch	PDF
Abridged model	30/09/2021	26/02/2022	08/03/2022	Dutch	PDF
Abridged model	30/09/2020	27/02/2021	22/03/2021	Dutch	PDF
Abridged model	30/09/2019	29/02/2020	25/03/2020	Dutch	PDF
Abridged model	30/09/2018	23/02/2019	06/03/2019	Dutch	PDF
Abridged model	30/09/2017	24/02/2018	27/02/2018	Dutch	PDF
Abridged model	30/09/2016	25/02/2017	16/03/2017	Dutch	PDF
Abridged model	30/09/2015	27/02/2016	15/03/2016	Dutch	PDF
Abridged model	30/09/2014	21/02/2015	02/03/2015	Dutch	PDF
Abridged model	30/09/2013	22/02/2014	25/02/2014	Dutch	PDF
Abridged model	30/09/2012	23/02/2013	19/03/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	22/03/2012	Dutch	PDF
Abridged model	30/09/2010	26/02/2011	01/03/2011	Dutch	PDF
Abridged model	30/09/2009	27/02/2010	16/03/2010	Dutch	PDF
Abridged model	30/09/2008	28/02/2009	20/03/2009	Dutch	PDF
Abridged model	30/09/2007	23/02/2008	06/03/2008	Dutch	PDF
Abridged model	30/09/2006	24/02/2007	20/03/2007	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 30/09/2025 · 1 active · 6 ended

Active mandates

SMART AVIATION

Director · 0666.392.473

Represented by ABDELLAH BEN TOUHAMI

Active

Ended mandates

SMART AVIATION

Director · since 03 mai 2022 · 0666.392.473

Represented by ABDELLAH BEN TOUHAMI

Ended

SVEN VERPAELST

Manager · since 15 août 2013

Ended

SVEN VERPAELST

Director · until 03 mai 2022

Ended

SVEN VERPPLAETS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/05/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/03/2003
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/11/2002
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 202562,3 k €↓
2024
Annual accounts 2024297,7 k €↑
2023
Annual accounts 2023164,6 k €↑
2022
Annual accounts 202288,6 k €↑
2021
Annual accounts 202171,5 k €↑
2020
Annual accounts 2020-28,7 k €↓
2019
Annual accounts 2019177,8 k €↑
2018
Annual accounts 201822,8 k €↓
2017
Annual accounts 201786,1 k €↑
2016
Annual accounts 201657,5 k €↑
2015
Annual accounts 2015-59,8 k €↓
2014
Annual accounts 201458,5 k €↑
2013
Annual accounts 201336,5 k €↑
2012
Annual accounts 201221,2 k €↑
2011
Annual accounts 20119,2 k €↑
2010
Annual accounts 2010-941 €↑
2009
Annual accounts 2009-15,6 k €↓
2008
Annual accounts 20083,3 k €↓
2007
Annual accounts 20076,5 k €
10/03/2000
IncorporationPrivate 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

VLS-EXPRESS

Overview

What does VLS-EXPRESS 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