ACTIVE

BARANCAN

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Financial year 2025 · closed on 31/12/2025

Net result

6,4 k €

-71.7% YoY

Gross margin

265,9 k €

-8.7% YoY

Equity

145,4 k €

-5.5% YoY

What does BARANCAN do?

BARANCAN is a Private limited company incorporated in 2010. Its main activity is: Freight transport by road. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0829.088.593

Incorporation

06/09/2010

Legal form

Private limited company

Registered office

Du Montstraat 41
2100 Antwerpen · FlandreSee on map

Contributed capital

8 260,00 €

Latest accounts

31/12/2025

Activities (NACE)

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

Joint committees (3)

140
14003
226

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	265,9 k €	-8.7%	291,3 k €	+93.9%	150,2 k €	+43.5%	104,6 k €	-44.4%	188,1 k €	+42.1%	132,4 k €	-22.6%	171,1 k €	+0.1%	170,9 k €	+8.8%	157 k €	+89.3%	82,9 k €	+415%	16,1 k €	+21.3%	13,3 k €	+117%	6,1 k €	+192%	-6,6 k €	-117%	39,7 k €
EBITDA	41,9 k €	-30.3%	60,1 k €	-11.7%	68 k €	+983%	-7,7 k €	-110%	79,2 k €	+50.6%	52,6 k €	-25.9%	71 k €	-10.5%	79,2 k €	-10.7%	88,8 k €	+74.8%	50,8 k €	+581%	7,5 k €	-26.4%	10,1 k €	+2702%	361,9 €	+104%	-9,3 k €	-143%	21,8 k €
Operating result	30,4 k €	-36.5%	47,9 k €	-26.7%	65,4 k €	+697%	-10,9 k €	-114%	77,1 k €	+961%	7,3 k €	-69.0%	23,4 k €	-20.4%	29,4 k €	-24.2%	38,8 k €	+90.1%	20,4 k €	+572%	3 k €	-67.1%	9,2 k €	+389%	-3,2 k €	+71.4%	-11,2 k €	-157%	19,6 k €
Net result	6,4 k €	-71.7%	22,4 k €	-48.8%	43,8 k €	+365%	-16,5 k €	-131%	53,4 k €	+3089%	1,7 k €	-84.5%	10,8 k €	-26.9%	14,8 k €	-21.0%	18,7 k €	+51.0%	12,4 k €	+383%	2,6 k €	-65.2%	7,4 k €	+238%	-5,3 k €	+52.8%	-11,3 k €	-163%	17,9 k €
Balance sheet
Equity	145,4 k €	-5.5%	153,8 k €	+2.5%	150,1 k €	+41.2%	106,3 k €	-13.4%	122,8 k €	+62.0%	75,8 k €	+2.3%	74,1 k €	+17.0%	63,3 k €	+30.4%	48,6 k €	+62.4%	29,9 k €	+70.4%	17,6 k €	+17.0%	15 k €	+96.2%	7,6 k €	-41.1%	13 k €	-46.5%	24,3 k €
Total assets	382,8 k €	-27.2%	525,6 k €	+118%	240,8 k €	+14.5%	210,3 k €	-3.0%	216,8 k €	+49.3%	145,3 k €	-28.9%	204,3 k €	+1.3%	201,8 k €	-13.9%	234,4 k €	+41.7%	165,4 k €	+251%	47,1 k €	+108%	22,7 k €	+1.2%	22,4 k €	+3.1%	21,7 k €	-39.5%	35,9 k €
Cash	48,4 k €	-53.3%	103,8 k €	+119%	47,3 k €	-24.5%	62,6 k €	-16.2%	74,7 k €	+91.1%	39,1 k €	-38.4%	63,4 k €	+21.1%	52,4 k €	+23.6%	42,4 k €	+113%	19,9 k €	+7.7%	18,4 k €	+135%	7,8 k €	+71235%	11 €	-99.6%	3,1 k €	-85.6%	21,6 k €
Debts	237,4 k €	-36.1%	371,8 k €	+310%	90,8 k €	-12.7%	104 k €	+10.6%	94 k €	+35.3%	69,5 k €	-46.6%	130,2 k €	-5.8%	138,2 k €	-25.4%	185,2 k €	+36.7%	135,5 k €	+360%	29,4 k €	+283%	7,7 k €	-47.9%	14,8 k €	+68.8%	8,8 k €	-24.7%	11,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,3 ETP		–		0,1 ETP		–		0,3 ETP

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 · 5 ended

Active mandates

Remzi Elçi

Director

Active

Ended mandates

Ahmet Elçi

Manager · since 06 septembre 2010

Ended

Remzi Elçi

Manager · since 06 septembre 2010

Ended

Ahmed Elçi

Manager

Ended

Ahmet Elçi

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2023	2022	2021
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	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	9 months	12 months	12 months	12 months
Filing date	05/06/2026	20/06/2025	17/07/2024	17/07/2024	30/11/2022	02/11/2021
General meeting	05/06/2026	20/06/2025	28/06/2024	29/09/2023	16/09/2022	17/09/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/06/2026	05/06/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	20/06/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	17/07/2024	Dutch	PDF
Micro model	31/03/2023	29/09/2023	17/07/2024	Dutch	PDF
Micro model	31/03/2022	16/09/2022	30/11/2022	Dutch	PDF
Micro model	31/03/2021	17/09/2021	02/11/2021	Dutch	PDF
Micro model	31/03/2020	25/09/2020	15/12/2020	Dutch	PDF
Micro model	31/03/2019	27/09/2019	23/10/2019	Dutch	PDF
Micro model	31/03/2018	28/09/2018	30/10/2018	Dutch	PDF
Micro model	31/03/2017	29/09/2017	30/10/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	13/10/2016	Dutch	PDF
Abridged model	31/03/2015	08/05/2015	20/05/2015	Dutch	PDF
Abridged model	31/03/2014	29/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/03/2013	27/09/2013	29/11/2013	Dutch	PDF
Abridged model	31/03/2012	28/09/2012	23/11/2012	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 · 5 ended

Active mandates

Remzi Elçi

Director

Active

Ended mandates

Ahmet Elçi

Manager · since 06 septembre 2010

Ended

Remzi Elçi

Manager · since 06 septembre 2010

Ended

Ahmed Elçi

Manager

Ended

Ahmet Elçi

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates14/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/09/2018
MAATSCHAPPELIJKE ZETEL
PDF
Other17/09/2010
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 20256,4 k €↓
2024
Annual accounts 202422,4 k €↓
2023
Annual accounts 202343,8 k €↑
2023
Annual accounts 2023-16,5 k €↓
2022
Annual accounts 202253,4 k €↑
2021
Annual accounts 20211,7 k €↓
2020
Annual accounts 202010,8 k €↓
2019
Annual accounts 201914,8 k €↓
2018
Annual accounts 201818,7 k €↑
2017
Annual accounts 201712,4 k €↑
2016
Annual accounts 20162,6 k €↓
2015
Annual accounts 20157,4 k €↑
2014
Annual accounts 2014-5,3 k €↑
2013
Annual accounts 2013-11,3 k €↓
2012
Annual accounts 201217,9 k €
06/09/2010
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

BARANCAN

Overview

What does BARANCAN do?

Trend over 15 financial years

Indicative valuation

Board of directors

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