ACTIVE

FLANDERS ROAD LOGISTICS

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Financial year 2025 · closed on 31/12/2025

Net result

25,4 k €

+32.2% YoY

Revenue

258 k €

0.0% YoY

Equity

4,1 M €

+150.4% YoY

What does FLANDERS ROAD LOGISTICS do?

FLANDERS ROAD LOGISTICS is a Private company with limited liability incorporated in 2007. Its main activity is: Activities of holding companies. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0890.465.344

Incorporation

29/06/2007

Legal form

Private company with limited liability

Registered office

Karveelstraat 7
8380 Brugge · FlandreSee on map

Contributed capital

150 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	258 k €	0.0%	258 k €	-10.4%	288 k €	-5.4%	304,3 k €	+514%	49,6 k €	0.0%	49,6 k €	0.0%	49,6 k €	0.0%	49,6 k €	0.0%	49,6 k €	0.0%	49,6 k €	-32.9%	73,8 k €		–		–		51,4 k €		–		–		–		–
EBITDA	145,2 k €	+9.5%	132,6 k €	+1.1%	131,2 k €	+113%	61,7 k €	+330%	14,4 k €	-63.9%	39,8 k €	-3.3%	41,2 k €	+17.8%	34,9 k €	+9.9%	31,8 k €	+1.4%	31,3 k €	-53.6%	67,5 k €	+83.1%	36,8 k €	-0.2%	36,9 k €	-19.6%	45,9 k €	+9.4%	42 k €	-25.9%	56,6 k €	+3825373%	1,5 €	-100.0%	12,5 k €
Operating result	81,9 k €	+17.2%	69,9 k €	+0.7%	69,4 k €	+1056%	6 k €	+129%	2,6 k €	-90.6%	28,1 k €	-4.6%	29,4 k €	+26.9%	23,2 k €	+15.8%	20 k €	+2.2%	19,6 k €	-64.8%	55,7 k €	+122%	25,1 k €	+5.3%	23,8 k €	-30.2%	34,2 k €	+13.0%	30,2 k €	-32.7%	44,9 k €	+456%	-12,6 k €	-412%	4 k €
Net result	25,4 k €	+32.2%	19,2 k €	-38.3%	31,2 k €	-97.8%	1,4 M €	+30294%	-4,7 k €	-135%	13,4 k €	+63.6%	8,2 k €	+21.1%	6,8 k €	+775%	774,8 €	+165%	-1,2 k €	-108%	15 k €	+251%	4,3 k €	+595%	-861,2 €	-115%	5,8 k €	+818%	630 €	-95.4%	13,6 k €	+143%	-31,4 k €	-195%	-10,6 k €
Balance sheet
Equity	4,1 M €	+150%	1,7 M €	+1.2%	1,6 M €	+1.9%	1,6 M €	+843%	169,6 k €	-2.7%	174,4 k €	+8.3%	160,9 k €	+5.4%	152,7 k €	+4.6%	146 k €	+0.5%	145,2 k €	-0.8%	146,4 k €	+11.4%	131,4 k €	+3.4%	127,1 k €	-0.7%	128 k €	+4.7%	122,2 k €	+0.5%	121,6 k €	+12.6%	108 k €	+651%	14,4 k €
Total assets	5,9 M €	+66.6%	3,5 M €	-0.1%	3,5 M €	-1.3%	3,6 M €	+773%	410,3 k €	-4.3%	428,8 k €	+1.7%	421,5 k €	-2.9%	434 k €	-2.9%	447,2 k €	-26.0%	603,9 k €	+15.8%	521,4 k €	-11.1%	586,5 k €	-1.5%	595,4 k €	-8.4%	650 k €	+1.1%	642,7 k €	-1.5%	652,8 k €	+2.2%	638,8 k €	+10.4%	578,9 k €
Cash	7,4 k €	-53.6%	16,1 k €	-20.6%	20,2 k €	+183%	7,2 k €	-63.6%	19,7 k €	-29.0%	27,7 k €	+221%	8,6 k €	+215%	2,7 k €	-12.3%	3,1 k €	+116%	1,4 k €	+11.7%	1,3 k €	+43.6%	901,5 €	+56.2%	577 €	-7.3%	622,4 €	-64.2%	1,7 k €	-83.8%	10,7 k €	+142%	4,4 k €	-88.1%	37,3 k €
Debts	1,7 M €	-7.0%	1,9 M €	-2.6%	1,9 M €	-3.9%	2 M €	+724%	240,6 k €	-5.4%	254,5 k €	-2.3%	260,6 k €	-6.6%	279 k €	-7.4%	301,2 k €	-34.3%	458,6 k €	+22.3%	375 k €	-17.6%	455,1 k €	-2.8%	468,3 k €	-10.3%	521,8 k €	+0.3%	520,5 k €	-2.0%	531,2 k €	+0.1%	530,8 k €	-6.0%	564,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

Bram Lokere

Director · since 02 décembre 2016

Active

Jozef Lokere

Director · since 08 octobre 2012

Active

Myriam Demeulenaere

Director · since 08 octobre 2012

Active

Ended mandates

Bram Lokere

Director · since 13 juin 2022

Ended

Jozef Lokere

Director · since 13 juin 2022

Ended

Myriam Demeulenaere

Director · since 13 juin 2022

Ended

Bram Lokere

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
FLANDERS ROAD SERVICES● Active	0407.241.236

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	23/07/2026	18/07/2025	30/08/2024	30/08/2023	21/03/2022	31/08/2021
General meeting	23/07/2026	17/07/2025	28/06/2024	31/07/2023	21/02/2022	29/06/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	23/07/2026	23/07/2026	Dutch	PDF
Full model	31/12/2024	17/07/2025	18/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	30/08/2024	Dutch	PDF
Full model	31/12/2022	31/07/2023	30/08/2023	Dutch	PDF
Full model	31/12/2021	21/02/2022	21/03/2022	Dutch	PDF
Full model	31/12/2020	29/06/2021	31/08/2021	Dutch	PDF
Full model	31/12/2019	20/06/2020	31/08/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	21/08/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	31/08/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	24/08/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	19/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	14/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	23/09/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	14/10/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	25/08/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 3 active · 13 ended

Active mandates

Bram Lokere

Director · since 02 décembre 2016

Active

Jozef Lokere

Director · since 08 octobre 2012

Active

Myriam Demeulenaere

Director · since 08 octobre 2012

Active

Ended mandates

Bram Lokere

Director · since 13 juin 2022

Ended

Jozef Lokere

Director · since 13 juin 2022

Ended

Myriam Demeulenaere

Director · since 13 juin 2022

Ended

Bram Lokere

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring27/06/2022
BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring14/04/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring14/06/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates02/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/10/2015
MAATSCHAPPELIJKE ZETEL
PDF
Registered office27/11/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/10/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202525,4 k €↑
2024
Annual accounts 202419,2 k €↓
2023
Annual accounts 202331,2 k €↓
2022
Annual accounts 20221,4 M €↑
2022
Name changeFlanders Road Logistics
2021
Annual accounts 2021-4,7 k €↓
2020
Annual accounts 202013,4 k €↑
2019
Annual accounts 20198,2 k €↑
2018
Annual accounts 20186,8 k €↑
2017
Annual accounts 2017774,8 €↑
2016
Annual accounts 2016-1,2 k €↓
2015
Annual accounts 201515 k €↑
2014
Annual accounts 20144,3 k €↑
2013
Annual accounts 2013-861,2 €↓
2012
Annual accounts 20125,8 k €↑
2011
Annual accounts 2011630 €↓
2010
Annual accounts 201013,6 k €↑
2009
Annual accounts 2009-31,4 k €↓
2008
Annual accounts 2008-10,6 k €
2008
Name changeRAIL ROAD SERVICES
29/06/2007
IncorporationPrivate company with limited liability

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

FLANDERS ROAD LOGISTICS

Overview

What does FLANDERS ROAD LOGISTICS do?

Trend over 18 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