ACTIVE

DIVETRAN

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Financial year 2025 · closed on 31/12/2025

Net result

202,6 k €

+68.4% YoY

Gross margin

669,3 k €

+16.4% YoY

Equity

997,3 k €

+25.5% YoY

What does DIVETRAN do?

DIVETRAN is a Private limited company incorporated in 2004. Its main activity is: Freight transport by road. Its registered office is in Asse.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0866.699.453

Incorporation

09/08/2004

Legal form

Private limited company

Registered office

Jan Tieboutstraat 95
1731 Asse · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities 96032Funeral and related activities 96302Other personal service activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	669,3 k €	+16.4%	574,8 k €	-0.6%	578,1 k €	+17.5%	492,1 k €	+33.0%	370,1 k €	+28.4%	288,3 k €	-0.6%	290,1 k €	-1.9%	295,7 k €	+12.9%	261,9 k €	+27.8%	205 k €	+1.6%	201,7 k €	-13.3%	232,6 k €	-18.4%	285,1 k €	+43.6%	198,5 k €	+48.4%	133,8 k €	+24.7%	107,2 k €	-1.2%	108,5 k €	+29.2%	84 k €	+101%	41,8 k €	+59.1%	26,3 k €
EBITDA	451,9 k €	+25.0%	361,5 k €	-10.6%	404,3 k €	+25.8%	321,3 k €	+22.5%	262,3 k €	+46.6%	178,9 k €	-4.5%	187,2 k €	-7.6%	202,6 k €	+9.7%	184,7 k €	+38.6%	133,2 k €	-0.9%	134,4 k €	+24.5%	108 k €	-22.5%	139,3 k €	+12.1%	124,3 k €	+42.7%	87,1 k €	+10.2%	79 k €	-15.5%	93,5 k €	+30.5%	71,6 k €	+103%	35,3 k €	+40.2%	25,2 k €
Operating result	284,4 k €	+65.9%	171,4 k €	-22.5%	221,2 k €	+51.4%	146,2 k €	+37.8%	106 k €	+192%	36,4 k €	-64.5%	102,4 k €	-6.7%	109,8 k €	+5.5%	104 k €	+74.5%	59,6 k €	+12.3%	53,1 k €	+83.2%	29 k €	-61.0%	74,2 k €	+44.9%	51,2 k €	+69.4%	30,2 k €	+17.6%	25,7 k €	-36.9%	40,7 k €	+113%	19,1 k €	-5.3%	20,2 k €	+64.8%	12,2 k €
Net result	202,6 k €	+68.4%	120,3 k €	-22.1%	154,4 k €	+49.8%	103 k €	+29.8%	79,3 k €	+732%	9,5 k €	-87.0%	73,2 k €	+12.9%	64,9 k €	+24.2%	52,2 k €	+160%	20,1 k €	+13.8%	17,6 k €	+799%	-2,5 k €	-109%	29,5 k €	+175%	10,7 k €	+148%	4,3 k €	+1947%	210,9 €	-97.9%	10,3 k €	+10.9%	9,3 k €	-31.9%	13,6 k €	+68.2%	8,1 k €
Balance sheet
Equity	997,3 k €	+25.5%	794,7 k €	+17.8%	674,4 k €	+29.7%	520 k €	+24.7%	417 k €	+23.5%	337,7 k €	+2.9%	328,1 k €	+28.7%	254,9 k €	+34.1%	190,1 k €	+37.9%	137,8 k €	+17.0%	117,8 k €	+17.6%	100,1 k €	-2.5%	102,7 k €	+40.3%	73,2 k €	+17.2%	62,5 k €	+7.4%	58,2 k €	+0.4%	57,9 k €	+21.6%	47,7 k €	+24.2%	38,4 k €	+55.1%	24,8 k €
Total assets	2 M €	+1.2%	2 M €	+5.1%	1,9 M €	+1.3%	1,9 M €	-0.2%	1,9 M €	-1.4%	1,9 M €	+15.7%	1,6 M €	+34.3%	1,2 M €	+3.7%	1,2 M €	+5.0%	1,1 M €	+22.4%	913,4 k €	+5.9%	862,4 k €	+6.6%	808,8 k €	-2.6%	830,3 k €	+3.7%	800,5 k €	+59.1%	503,3 k €	+0.2%	502,2 k €	-7.3%	542 k €	+259%	151 k €	-18.8%	185,8 k €
Cash	415 k €	-2.5%	425,6 k €	+40.9%	302 k €	+40.8%	214,5 k €	+43.3%	149,7 k €	+16.1%	128,9 k €	-5.9%	137,1 k €	-2.4%	140,5 k €	+20.3%	116,7 k €	+87.6%	62,2 k €	+67.4%	37,2 k €	-40.1%	62,1 k €	+149%	24,9 k €	+10.9%	22,5 k €	+56.8%	14,3 k €	-72.6%	52,2 k €	+89.5%	27,5 k €	-50.3%	55,4 k €	+1355%	3,8 k €	-94.7%	72,5 k €
Debts	1 M €	-15.0%	1,2 M €	-1.9%	1,2 M €	-9.8%	1,3 M €	-7.4%	1,4 M €	-6.8%	1,6 M €	+18.9%	1,3 M €	+35.8%	961,9 k €	-2.2%	983,7 k €	+0.4%	980 k €	+23.2%	795,7 k €	+4.4%	762,3 k €	+8.0%	706,1 k €	-6.7%	757,1 k €	+2.6%	738 k €	+65.8%	445,1 k €	+0.2%	444,2 k €	-10.1%	494,3 k €	+339%	112,6 k €	-30.1%	161,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		2,2 ETP	-46.3%	4,1 ETP	-18.0%	5,0 ETP	+85.2%	2,7 ETP	+80.0%	1,5 ETP	+50.0%	1,0 ETP	+100%	0,5 ETP	0.0%	0,5 ETP	+66.7%	0,3 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 31/12/2025 · 2 active · 2 ended

Active mandates

Erwin Thielemans

Director

Active

Ilja Pauwels

Director

Active

Ended mandates

ERWIN THIELEMANS

Manager

Ended

Ilja Pauwels

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	11/06/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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	31/12/2025	29/05/2026	11/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	30/05/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	31/05/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	26/05/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	27/05/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	28/05/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	29/05/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	01/06/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	21/06/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	31/05/2016	Dutch	PDF
Abridged model	31/12/2014	05/08/2015	05/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	02/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	15/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	13/07/2009	Dutch	PDF
Abridged model	31/12/2007	04/08/2008	05/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	07/08/2007	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 31/12/2025 · 2 active · 2 ended

Active mandates

Erwin Thielemans

Director

Active

Ilja Pauwels

Director

Active

Ended mandates

ERWIN THIELEMANS

Manager

Ended

Ilja Pauwels

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/06/2007
MAATSCHAPPELIJKE ZETEL
PDF
Other17/08/2004
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 2025202,6 k €↑
2024
Annual accounts 2024120,3 k €↓
2023
Annual accounts 2023154,4 k €↑
2022
Annual accounts 2022103 k €↑
2021
Annual accounts 202179,3 k €↑
2020
Annual accounts 20209,5 k €↓
2019
Annual accounts 201973,2 k €↑
2018
Annual accounts 201864,9 k €↑
2017
Annual accounts 201752,2 k €↑
2016
Annual accounts 201620,1 k €↑
2015
Annual accounts 201517,6 k €↑
2014
Annual accounts 2014-2,5 k €↓
2013
Annual accounts 201329,5 k €↑
2012
Annual accounts 201210,7 k €↑
2011
Annual accounts 20114,3 k €↑
2010
Annual accounts 2010210,9 €↓
2009
Annual accounts 200910,3 k €↑
2008
Annual accounts 20089,3 k €↓
2007
Annual accounts 200713,6 k €↑
2006
Annual accounts 20068,1 k €
09/08/2004
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

DIVETRAN

Overview

What does DIVETRAN do?

Trend over 20 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