Financials
Financial year 2025
Transvago from Waregem, company number BE0406489089, closed financial year 2025 with a result of € 40,237 after tax. For that financial year Transvago recorded a gross margin of € 3 million and equity of € 847,856. Compared with financial year 2024, the result moved from € 59,310 to € 40,237. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 847,856
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,237
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 720,081
▲ € 662,775 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
99 % of the profit went to the shareholders, mostly to IMMO-VAGO (100 % of the shares). That is where the money ends up.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 83,095
▲ 3% vs 2024
€ 83,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5 million
▼ 25% vs 2024
Of which on lease € 4.9 million.
Debts at end 2025
€ 3.8 million
▼ 26% vs 2024
€ 1.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 48,714
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,536
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,608,801 | € 2,192,546 | € 2,988,677 | € 3,039,740 | ▲ 2% |
| Profit after taxes | € 391,366 | € 238,046 | € 59,310 | € 40,237 | ▼ 32% |
| Equity | € 847,263 | € 847,309 | € 847,619 | € 847,856 | |
| Total debts | € 5,032,570 | € 5,973,619 | € 6,754,385 | € 5,530,146 | ▼ 18% |
| Cash | € 256,760 | € 714,293 | € 57,305 | € 720,081 | ▲ € 662,775 |
| Retained profit | € 727,263 | € 727,309 | € 727,619 | € 727,856 | |
| Dividend | € 322,000 | € 238,000 | € 59,000 | € 40,000 | ▼ 32% |
| Bank debt | € 4,013,810 | € 4,633,909 | € 5,212,073 | € 3,847,100 | ▼ 26% |
| Balance sheet total | € 5,879,832 | € 6,820,929 | € 7,602,004 | € 6,378,002 | ▼ 16% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of Transvago, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Transvago?
What happened at Transvago in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- IMMO-VAGO NV stepped down as director. NBB
- Ronny Fillieux stepped down as director. NBB
- Hilde Claeys stepped down as director. NBB
- VAGO INVEST NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 40,237 (▼ 32% vs 2024). Source: NBB ↗
- IMMO-VAGO NV became a director. NBB
- Ronny Fillieux became a director. NBB
- Hilde Claeys became a director. NBB
In short
From € 391,366 profit in 2022 to € 40,237 profit in 2025.
Paid € 1,770 in corporate taxes since 2022.
Best year ever: 2022, with € 391,366 profit.
On average € 3 million of value added per employee in 2025.
Management
The stake of IMMO-VAGO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TransvagoThe shares are held by IMMO-VAGO (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Christine Vanneste
Also active at: SIBA 2000, VAGO INVEST
since 2024 · until 2030
since 2024 · until 2030
Hilde Claeys
Director
since 2024 · until 2030
Managing director · represented by John Vanneste
Also active at: MAXITRUCK FINANCE & LEASE, SIBA 2000
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 121
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.489.089
- VAT number
- BE 0406.489.089
- Registered office
- Franklin Rooseveltlaan 121, 8790 Waregem
- Names & denominations
- Transvago
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1969
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Goederenvervoer over de weg
Activiteiten van hoofdkantoren
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Verhuur en lease van vrachtwagens