ACTIVE

VLAM - TRANS

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Financial year 2025 · closed on 31/12/2025

Net result

-31,1 k €

-834.7% YoY

Gross margin

44,8 k €

-15.2% YoY

Equity

181,7 k €

-14.6% YoY

What does VLAM - TRANS do?

VLAM - TRANS is a Private limited company incorporated in 2003. Its main activity is: Other postal and courier activities. Its registered office is in Olen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0480.237.496

Incorporation

15/05/2003

Legal form

Private limited company

Registered office

Neerheide 2
2250 Olen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

53200Other postal and courier activities· main 53200Other postal and courier activities 64120Monetary intermediation

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	44,8 k €	-15.2%	52,9 k €	-46.8%	99,3 k €	+65.7%	59,9 k €	-26.4%	81,4 k €	+36.0%	59,9 k €	+27.3%	47 k €	-15.8%	55,8 k €	-6.5%	59,7 k €	+16.5%	51,2 k €	+25.1%	40,9 k €	-0.2%	41 k €	-2.8%	42,2 k €	-16.6%	50,6 k €	+6.9%	47,4 k €	+30.4%	36,3 k €	-5.6%	38,5 k €	+33.7%	28,8 k €	-4.4%	30,1 k €	-9.6%	33,3 k €
EBITDA	33,2 k €	-32.3%	49 k €	-47.4%	93,2 k €	+72.1%	54,2 k €	-20.1%	67,8 k €	+30.5%	51,9 k €	+29.3%	40,2 k €	-18.0%	49 k €	-8.0%	53,2 k €	+12.3%	47,4 k €	+21.9%	38,9 k €	-0.8%	39,2 k €	+1.6%	38,6 k €	-19.8%	48 k €	+6.8%	45 k €	+33.2%	33,8 k €	-5.9%	35,9 k €	+35.6%	26,5 k €	+3.4%	25,6 k €	-17.8%	31,2 k €
Operating result	-28,1 k €	-704%	4,6 k €	-88.2%	39,3 k €	+313%	9,5 k €	-79.6%	46,7 k €	+6.8%	43,7 k €	+4438%	-1 k €	-110%	10,6 k €	-22.8%	13,7 k €	+39.4%	9,8 k €	+39.3%	7,1 k €	+70.2%	4,1 k €	+32.3%	3,1 k €	-66.8%	9,4 k €	+40.8%	6,7 k €	-36.2%	10,5 k €	-17.8%	12,8 k €	+196%	4,3 k €	+34.6%	3,2 k €	-75.2%	13 k €
Net result	-31,1 k €	-835%	4,2 k €	-84.9%	28 k €	+357%	6,1 k €	-84.7%	39,9 k €	+24.4%	32,1 k €	+2228%	-1,5 k €	-123%	6,6 k €	-21.9%	8,4 k €	+37.8%	6,1 k €	-83.7%	37,3 k €	+15232%	243,5 €	-99.0%	25,2 k €	+561%	3,8 k €	+1.5%	3,8 k €	-57.8%	8,9 k €	-8.4%	9,7 k €	+630%	1,3 k €	-87.9%	11 k €	+15.4%	9,5 k €
Balance sheet
Equity	181,7 k €	-14.6%	212,8 k €	+2.0%	208,6 k €	+10.4%	188,9 k €	+0.0%	188,9 k €	+26.8%	149 k €	+21.2%	122,9 k €	-1.2%	124,4 k €	+5.6%	117,8 k €	+7.7%	109,4 k €	+5.9%	103,3 k €	+56.6%	66 k €	+0.4%	65,8 k €	+62.1%	40,6 k €	+10.4%	36,7 k €	+5.0%	35 k €	+5.7%	33,1 k €	+12.6%	29,4 k €	+4.7%	28 k €	+64.1%	17,1 k €
Total assets	296,9 k €	+4.4%	284,4 k €	-8.0%	309 k €	+1.9%	303,3 k €	-9.9%	336,5 k €	+74.8%	192,5 k €	+29.4%	148,8 k €	-12.7%	170,4 k €	-5.0%	179,3 k €	-9.6%	198,3 k €	-3.6%	205,8 k €	+13.0%	182,1 k €	-21.5%	231,9 k €	+92.6%	120,4 k €	-26.2%	163,2 k €	+55.5%	104,9 k €	-7.4%	113,4 k €	-20.6%	142,8 k €	-24.9%	190 k €	+91.1%	99,4 k €
Cash	33,8 k €	-68.6%	107,5 k €	+83.1%	58,7 k €	-49.6%	116,5 k €	-4.4%	121,9 k €	-0.1%	122 k €	+51.6%	80,5 k €	+10.2%	73 k €	+47.8%	49,4 k €	+26.7%	39 k €	+6.5%	36,6 k €	+47.5%	24,8 k €	-44.9%	45 k €	+90.9%	23,6 k €	+298%	5,9 k €	+304%	1,5 k €	-93.7%	23,2 k €	-11.5%	26,2 k €	+23.4%	21,2 k €	+1.6%	20,9 k €
Debts	115,2 k €	+60.9%	71,6 k €	-28.3%	99,9 k €	-12.2%	113,8 k €	-22.6%	147 k €	+252%	41,7 k €	+62.0%	25,8 k €	-43.8%	45,8 k €	-25.1%	61,2 k €	-30.9%	88,5 k €	-13.2%	102 k €	-11.8%	115,7 k €	-30.4%	166,2 k €	+108%	79,8 k €	-36.8%	126,4 k €	+80.8%	69,9 k €	-12.9%	80,3 k €	-29.2%	113,4 k €	-30.0%	162 k €	+97.2%	82,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 8 ended

Active mandates

KEANU GARROUSSE

Director

Active

Ended mandates

KEANU GARROUSSE

Director · since 15 avril 2024

Ended

Annicq MATTHEUS

Manager · since 26 novembre 2003

Ended

Mario VERVLOESSEM

Manager · since 15 mai 2003

Ended

Annicq MATTHEUS

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Bouwonderneming Garrousse & Zoon● Active	0463.824.405
Keanu Invest● Active	1007.902.650

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro 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	09/06/2026	18/08/2025	31/10/2024	20/07/2023	24/06/2022	23/08/2021
General meeting	06/06/2026	04/08/2025	31/10/2024	24/06/2023	04/06/2022	24/07/2021
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
Micro model	31/12/2025	06/06/2026	09/06/2026	Dutch	PDF
Micro model	31/12/2024	04/08/2025	18/08/2025	Dutch	PDF
Micro model	31/12/2023	31/10/2024	31/10/2024	Dutch	PDF
Micro model	31/12/2022	24/06/2023	20/07/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	24/06/2022	Dutch	PDF
Micro model	31/12/2020	24/07/2021	23/08/2021	Dutch	PDF
Micro model	31/12/2019	26/09/2020	22/10/2020	Dutch	PDF
Micro model	31/12/2018	27/07/2019	23/08/2019	Dutch	PDF
Micro model	31/12/2017	28/07/2018	23/08/2018	Dutch	PDF
Abridged model	31/12/2016	27/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	29/07/2016	17/08/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	29/07/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	27/07/2013	25/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/07/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/07/2011	24/08/2011	Dutch	PDF
Abridged model	31/12/2009	24/07/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	25/07/2009	21/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/07/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 1 active · 8 ended

Active mandates

KEANU GARROUSSE

Director

Active

Ended mandates

KEANU GARROUSSE

Director · since 15 avril 2024

Ended

Annicq MATTHEUS

Manager · since 26 novembre 2003

Ended

Mario VERVLOESSEM

Manager · since 15 mai 2003

Ended

Annicq MATTHEUS

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2003
ONTSLAGEN - BENOEMINGEN
PDF
Other23/05/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-31,1 k €↓
2024
Annual accounts 20244,2 k €↓
2023
Annual accounts 202328 k €↑
2022
Annual accounts 20226,1 k €↓
2021
Annual accounts 202139,9 k €↑
2020
Annual accounts 202032,1 k €↑
2019
Annual accounts 2019-1,5 k €↓
2018
Annual accounts 20186,6 k €↓
2017
Annual accounts 20178,4 k €↑
2016
Annual accounts 20166,1 k €↓
2015
Annual accounts 201537,3 k €↑
2014
Annual accounts 2014243,5 €↓
2013
Annual accounts 201325,2 k €↑
2012
Annual accounts 20123,8 k €↑
2011
Annual accounts 20113,8 k €↓
2010
Annual accounts 20108,9 k €↓
2009
Annual accounts 20099,7 k €↑
2008
Annual accounts 20081,3 k €↓
2007
Annual accounts 200711 k €↑
2006
Annual accounts 20069,5 k €
15/05/2003
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

VLAM - TRANS

Overview

What does VLAM - TRANS 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