ACTIVE

VANCATRANS

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Financial year 2025 · closed on 31/12/2025

Net result

333,7 k €

+32.3% YoY

Gross margin

2,7 M €

+16.6% YoY

Equity

1,5 M €

+28.1% YoY

Workforce

20,5 ETP

+5.7% YoY

What does VANCATRANS do?

VANCATRANS is a Private limited company incorporated in 2007. Its main activity is: Freight transport by road. Its registered office is in Ledegem. It employs on average 20,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.304.861

Incorporation

05/12/2007

Legal form

Private limited company

Registered office

Menenstraat 2
8880 Ledegem · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

20,5 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 52249Cargo handling 52249Cargo handling 82100Office administrative and support activities 82110Combined office administrative service activities

Joint committees (3)

140
14003
226

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	2,7 M €	+16.6%	2,3 M €	+20.7%	1,9 M €	-4.6%	2 M €	+2.4%	1,9 M €	+31.7%	1,5 M €	-1.3%	1,5 M €	+39.1%	1,1 M €	-5.0%	1,1 M €	+53.4%	732,9 k €	+14.5%	640,4 k €	+8.4%	590,8 k €	+27.8%	462,2 k €	+22.8%	376,5 k €	-10.2%	419,1 k €	+31.6%	318,4 k €	+101%	158 k €	-25.7%	212,6 k €
EBITDA	982,6 k €	+22.1%	804,6 k €	+38.1%	582,8 k €	-17.4%	705,8 k €	+20.6%	585,4 k €	+26.8%	461,7 k €	-18.6%	567 k €	+68.8%	336 k €	-40.5%	564,3 k €	+116%	261,6 k €	+1.7%	257,3 k €	+15.1%	223,5 k €	-2.4%	229 k €	+10.7%	206,9 k €	-4.8%	217,4 k €	+25.3%	173,6 k €	+146%	70,5 k €	-48.9%	137,9 k €
Operating result	515,8 k €	+39.4%	370,1 k €	+192%	126,5 k €	-51.4%	260,4 k €	+34.6%	193,5 k €	+81.0%	106,9 k €	-48.3%	206,7 k €	+644%	27,8 k €	-90.1%	280,7 k €	+4939%	5,6 k €	-91.0%	61,7 k €	+7.4%	57,5 k €	+21.7%	47,2 k €	+58.9%	29,7 k €	-20.7%	37,5 k €	+19.4%	31,4 k €	+49.5%	21 k €	-81.7%	114,7 k €
Net result	333,7 k €	+32.3%	252,3 k €	+179%	90,4 k €	-53.2%	193,3 k €	+40.3%	137,7 k €	+63.5%	84,2 k €	-52.4%	177 k €	+842%	18,8 k €	-90.7%	203,1 k €	+1571%	12,2 k €	-65.0%	34,7 k €	+90.5%	18,2 k €	-9.9%	20,2 k €	+465%	3,6 k €	-58.5%	8,6 k €	-69.6%	28,4 k €	+191%	9,8 k €	-36.8%	15,4 k €
Balance sheet
Equity	1,5 M €	+28.1%	1,2 M €	+27.0%	934,5 k €	+10.7%	844,1 k €	+27.6%	661,4 k €	+14.0%	580,2 k €	+17.0%	495,9 k €	+32.9%	373,3 k €	+5.3%	354,5 k €	+134%	151,4 k €	+8.7%	139,2 k €	+33.2%	104,5 k €	+21.1%	86,2 k €	+30.7%	66 k €	+5.7%	62,4 k €	+16.1%	53,8 k €	+112%	25,4 k €	+62.4%	15,6 k €
Total assets	3,5 M €	+3.6%	3,3 M €	+15.8%	2,9 M €	+21.5%	2,4 M €	+7.3%	2,2 M €	+0.4%	2,2 M €	+9.6%	2 M €	+30.9%	1,5 M €	+56.5%	982,6 k €	+20.3%	816,9 k €	+9.0%	749,7 k €	+0.1%	748,7 k €	+1.7%	736,5 k €	-13.6%	852,1 k €	-1.8%	867,5 k €	+41.6%	612,6 k €	+120%	277,9 k €	+104%	136,4 k €
Cash	833,6 k €	+100%	416 k €	+146%	168,9 k €	-54.7%	372,8 k €	+46.1%	255,2 k €	+20.4%	212 k €	-6.9%	227,8 k €	+34.1%	169,9 k €	+3.2%	164,7 k €	+59.5%	103,2 k €	-2.3%	105,6 k €	+483%	18,1 k €	-69.4%	59,2 k €	+15.3%	51,4 k €	-64.3%	143,8 k €	+64.4%	87,5 k €	+514%	14,2 k €	-44.7%	25,8 k €
Debts	1,9 M €	-11.0%	2,1 M €	+10.4%	1,9 M €	+28.4%	1,5 M €	-1.7%	1,5 M €	-4.5%	1,6 M €	+7.6%	1,5 M €	+32.1%	1,1 M €	+95.7%	563,7 k €	-15.3%	665,5 k €	+9.0%	610,5 k €	-5.2%	644,2 k €	-0.9%	650,2 k €	-16.8%	781,6 k €	-2.9%	805,1 k €	+44.1%	558,8 k €	+130%	243,5 k €	+102%	120,7 k €
Other
Workforce	20,5 ETP	+5.7%	19,4 ETP	+6.0%	18,3 ETP	+1.7%	18,0 ETP	-3.2%	18,6 ETP	+31.9%	14,1 ETP	+13.7%	12,4 ETP	+21.6%	10,2 ETP	+9.7%	9,3 ETP	+14.8%	8,1 ETP	+15.7%	7,0 ETP	+16.7%	6,0 ETP	+25.0%	4,8 ETP	+20.0%	4,0 ETP	+5.3%	3,8 ETP	+31.0%	2,9 ETP	+52.6%	1,9 ETP	+26.7%	1,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

BART VANDOORNE

Director

Active

CINDY CALLENS

Director

Active

Ended mandates

Bart Vandoorne

Director · since 04 décembre 2007

Ended

Bart Vandoorne

Manager · since 04 décembre 2007

Ended

BART VANDOORNE

Manager

Ended

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	16/09/2026	13/08/2025	28/08/2024	31/08/2023	29/08/2022	28/08/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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
Abridged model	31/12/2025	06/06/2026	16/09/2026	Dutch	PDF
Abridged model	31/12/2024	07/06/2025	13/08/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	28/08/2021	Dutch	PDF
Abridged model	31/12/2019	31/07/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	26/07/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	22/06/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	17/08/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	20/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	24/09/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	19/08/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	17/08/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 ended

Active mandates

BART VANDOORNE

Director

Active

CINDY CALLENS

Director

Active

Ended mandates

Bart Vandoorne

Director · since 04 décembre 2007

Ended

Bart Vandoorne

Manager · since 04 décembre 2007

Ended

BART VANDOORNE

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/11/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other31/12/2007
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 2025333,7 k €↑
2024
Annual accounts 2024252,3 k €↑
2023
Annual accounts 202390,4 k €↓
2022
Annual accounts 2022193,3 k €↑
2021
Annual accounts 2021137,7 k €↑
2020
Annual accounts 202084,2 k €↓
2019
Annual accounts 2019177 k €↑
2018
Annual accounts 201818,8 k €↓
2017
Annual accounts 2017203,1 k €↑
2016
Annual accounts 201612,2 k €↓
2015
Annual accounts 201534,7 k €↑
2014
Annual accounts 201418,2 k €↓
2013
Annual accounts 201320,2 k €↑
2012
Annual accounts 20123,6 k €↓
2011
Annual accounts 20118,6 k €↓
2010
Annual accounts 201028,4 k €↑
2009
Annual accounts 20099,8 k €↓
2008
Annual accounts 200815,4 k €
05/12/2007
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

VANCATRANS

Overview

What does VANCATRANS do?

Trend over 18 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