ACTIVE

VM-Milktrans

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Financial year 2025 · closed on 31/12/2025

Net result

1,2 M €

+43.2% YoY

Gross margin

3 M €

+19.4% YoY

Equity

522,8 k €

-23.7% YoY

Workforce

25,1 ETP

+3.3% YoY

What does VM-Milktrans do?

VM-Milktrans is a Private limited company incorporated in 2015. Its main activity is: Freight transport by road. Its registered office is in Ieper. It employs on average 25,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0630.865.729

Incorporation

27/05/2015

Legal form

Private limited company

Registered office

Galgestraat 11
8908 Ieper · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

25,1 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road

Joint committees (3)

140
14003
226

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	3 M €	+19.4%	2,5 M €	+0.1%	2,5 M €	+1.5%	2,5 M €	+110%	1,2 M €	+7.4%	1,1 M €	+53.2%	713 k €	+8.4%	657,6 k €	+49.6%	439,7 k €
EBITDA	1,2 M €	+45.8%	847,9 k €	-25.4%	1,1 M €	-9.8%	1,3 M €	+253%	357,3 k €	-42.1%	617,5 k €	+65.0%	374,4 k €	-12.9%	430 k €	+55.9%	275,7 k €
Operating result	1,2 M €	+39.3%	836,2 k €	-25.4%	1,1 M €	-10.1%	1,2 M €	+263%	343,6 k €	-44.2%	615,4 k €	+65.1%	372,9 k €	-12.7%	427,2 k €	+57.3%	271,5 k €
Net result	1,2 M €	+43.2%	803,6 k €	-25.9%	1,1 M €	-11.0%	1,2 M €	+294%	309,2 k €	-46.1%	573,8 k €	+71.8%	334 k €	-15.1%	393,2 k €	+87.7%	209,5 k €
Balance sheet
Equity	522,8 k €	-23.7%	685 k €	-3.5%	709,7 k €	-2.8%	730,4 k €	+11.9%	652,8 k €	+13.8%	573,6 k €	+15.9%	494,7 k €	+20.4%	410,8 k €	+25.4%	327,5 k €
Total assets	3,2 M €	+39.1%	2,3 M €	+2.4%	2,3 M €	-17.0%	2,7 M €	+84.9%	1,5 M €	-13.4%	1,7 M €	+81.8%	935,5 k €	+8.3%	863,8 k €	+50.3%	574,6 k €
Cash	638,4 k €	-30.1%	912,8 k €	-12.7%	1 M €	+30.0%	804,2 k €	+19.9%	670,5 k €	+63.8%	409,4 k €	-10.7%	458,5 k €	-15.7%	544,2 k €	+259%	151,4 k €
Debts	2,7 M €	+65.5%	1,6 M €	+5.0%	1,5 M €	-22.2%	2 M €	+143%	820,1 k €	-26.8%	1,1 M €	+154%	440,7 k €	-2.7%	453,1 k €	+83.4%	247,1 k €
Other
Workforce	25,1 ETP	+3.3%	24,3 ETP	+23.4%	19,7 ETP	+3.7%	19,0 ETP	+27.5%	14,9 ETP	+73.3%	8,6 ETP	+26.5%	6,8 ETP	+51.1%	4,5 ETP	+40.6%	3,2 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 31/12/2025 · 2 active · 11 ended

Active mandates

Sofie Doom

Director · since 01 octobre 2017 · until 31 mars 2025

Active

Verdonck Michiel

Director · since 01 octobre 2017 · 0818.111.262

Represented by Michiel Verdonck

Active

Ended mandates

Sofie Doom

Director · since 22 mai 2023

Ended

Sofie Doom

Director · since 01 octobre 2017

Ended

Sofie Doom

Manager · since 01 octobre 2017

Ended

Verdonck Michiel

Manager · since 01 octobre 2017 · 0818.111.262

Represented by Michiel Verdonck

Ended

At this address

Other companies at this address

Company	CBE no.
GROEP TRANSPORT VERDONCK● Active	1005.629.187
Verdonck Michiel● Active	0818.111.262

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	01/01/2025	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	16/06/2026	08/05/2025	09/07/2024	06/07/2023	08/07/2022	26/06/2021
General meeting	12/06/2026	02/05/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	16/06/2026	Dutch	PDF
Abridged model	31/12/2024	02/05/2025	08/05/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	09/07/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	26/06/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	26/06/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	21/06/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	05/07/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	26/06/2017	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 31/12/2025 · 2 active · 11 ended

Active mandates

Sofie Doom

Director · since 01 octobre 2017 · until 31 mars 2025

Active

Verdonck Michiel

Director · since 01 octobre 2017 · 0818.111.262

Represented by Michiel Verdonck

Active

Ended mandates

Sofie Doom

Director · since 22 mai 2023

Ended

Sofie Doom

Director · since 01 octobre 2017

Ended

Sofie Doom

Manager · since 01 octobre 2017

Ended

Verdonck Michiel

Manager · since 01 octobre 2017 · 0818.111.262

Represented by Michiel Verdonck

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/03/2025
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other03/10/2018
DOEL
PDF
Mandates20/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other05/06/2015
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 20251,2 M €↑
2024
Annual accounts 2024803,6 k €↓
2023
Annual accounts 20231,1 M €↓
2022
Annual accounts 20221,2 M €↑
2021
Annual accounts 2021309,2 k €↓
2020
Annual accounts 2020573,8 k €↑
2019
Annual accounts 2019334 k €↓
2018
Annual accounts 2018393,2 k €↑
2017
Annual accounts 2017209,5 k €
27/05/2015
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

VM-Milktrans

Overview

What does VM-Milktrans do?

Trend over 9 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