Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 34.9 to 31.3.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RIGA TRANS from Antwerpen, company number BE0406919156, closed financial year 2025 with a result of € 17,583 after tax. For that financial year RIGA TRANS recorded a gross margin of € 2.2 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 63,273 to € 17,583. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 1.7 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,583
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 63,273 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
31.3
▼ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▼ 9% vs 2024
€ 69,600 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.
€ 90,877
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 57,707
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 268,654
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,029,350 | € 2,411,221 | € 2,442,725 | € 2,211,759 | ▼ 9% |
| Profit after taxes | € 117,092 | € 89,198 | € 63,273 | € 17,583 | ▼ 72% |
| Equity | € 1,650,135 | € 1,739,333 | € 1,769,216 | € 1,723,525 | ▼ 3% |
| Total debts | € 446,843 | € 484,295 | € 409,790 | € 326,361 | ▼ 20% |
| Retained profit | € 1,588,135 | € 1,677,333 | € 1,707,216 | € 1,661,525 | ▼ 3% |
| Dividend | € 0 | € 0 | € 33,391 | € 63,273 | ▲ 89% |
| Balance sheet total | € 2,096,978 | € 2,223,628 | € 2,179,006 | € 2,049,886 | ▼ 6% |
| Employees (FTE) | 31.8 | 34.9 | 34.8 | 31.3 | ▼ 3.5 |
Key figures of RIGA TRANS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to RIGA TRANS?
What happened at RIGA TRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrik NAENEN stepped down as director. NBB
- Robert VAN DE VONDEL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 17,583 (▼ 72% vs 2024). Source: NBB ↗
- Patrik NAENEN became a director. NBB
- Robert VAN DE VONDEL became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 117,092 profit in 2022 to € 17,583 profit in 2025.
Paid € 95,019 in corporate taxes since 2022.
Best year ever: 2022, with € 117,092 profit.
On average € 70,700 of value added per employee in 2025.
Management
The shares are held by Katoen Natie International S.A. (100%).
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Robert VAN DE VONDEL
Director
Also active at: KATOEN NATIE KEMPEN, TEVECO, Katoen Natie Trucking, VALKENIERSNATIE STORAGE, RIGA TERMINALS, TRANSCOLLI, EDWARD T. ROBERTSON (BELGIUM), TRANSPORT JOOSEN +7 more
since 2022 · until 2028
Shareholders
Katoen Natie International S.A.
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Luithagen-Haven 9
2030 Antwerpen
Antwerpsebaan 25
2040 Antwerpen
Active since 1 January 1970
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →TEVECO same network
€ 1.5 million revenue · 2025
Katoen Natie Trucking same network
€ 14.5 million revenue · 2025
VALKENIERSNATIE STORAGE same network
€ 56.7 million revenue · 2025
RIGA TERMINALS same network
€ 2.2 million gross margin · 2025
Mexico Natie
€ 12.7 million revenue · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.919.156
- VAT number
- BE 0406.919.156
- Registered office
- Luithagen-Haven 9, 2030 Antwerpen
- Names & denominations
- RIGA TRANS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 1969
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
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