Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 30.8 to 23.2.
Financials
Financial year 2025
Vervoer en Handel Vanhulle en Cie from Zulte, company number BE0407219460, closed financial year 2025 with a result of € 783,018 after tax. For that financial year Vervoer en Handel Vanhulle en Cie recorded a gross margin of € 2.8 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 539,911 to € 783,018. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 2.7 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 783,018
▲ 45% vs 2024
Profit after tax over the fiscal year.
€ 20,763
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 575,000 paid out
73 % of the profit went to the shareholders, mostly to BIANSA INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
23.2
▼ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 9% vs 2024
€ 64,200 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.
€ 310,405
▲ 45% vs 2024
Of which on lease € 11,332.
Debts at end 2025
€ 108,560
▼ 21% vs 2024
€ 22,859 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 263,886
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 377,464
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,281,609 | € 3,023,927 | € 2,578,501 | € 2,786,575 | ▲ 8% |
| Profit after taxes | € 868,349 | € 713,186 | € 539,911 | € 783,018 | ▲ 45% |
| Equity | € 1,256,696 | € 1,969,882 | € 2,509,793 | € 2,717,811 | ▲ 8% |
| Total debts | € 1,778,478 | € 926,580 | € 601,304 | € 1,325,409 | ▲ 120% |
| Cash | € 59,254 | € 50,854 | € 35,704 | € 20,763 | ▼ 42% |
| Retained profit | € 1,195,196 | € 1,908,382 | € 2,448,293 | € 2,656,311 | ▲ 8% |
| Dividend | € 700,000 | € 0 | € 0 | € 575,000 | |
| Bank debt | € 248,449 | € 265,053 | € 136,780 | € 108,560 | ▼ 21% |
| Balance sheet total | € 3,035,175 | € 2,896,462 | € 3,111,097 | € 4,043,221 | ▲ 30% |
| Employees (FTE) | 34.8 | 30.8 | 26.6 | 23.2 | ▼ 3.4 |
Key figures of Vervoer en Handel Vanhulle en Cie, 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 Vervoer en Handel Vanhulle en Cie?
What happened at Vervoer en Handel Vanhulle en Cie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 783,018 (▲ 45% vs 2024). Source: NBB ↗
- New establishment in Zulte. KBO
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 868,349 profit in 2022 to € 783,018 profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2022, with € 868,349 profit.
On average € 120,100 of value added per employee in 2025.
A new publication or filing at Vervoer en Handel Vanhulle en Cie? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Vervoer en Handel Vanhulle en Cie is Pascal Vanhulle. The shares are held by BIANSA INVEST (100%).
Directors
According to the 2025 annual accounts
Pascal Vanhulle
Gedelegeerd bestuurder
Also active at: Smets Houtbedrijf, BOUWCENTER VANHULLE, TEGELCENTER VANHULLE, IMMO XAMI, IMMO BIMAXX, VANHULLE CONCEPT, ANVA INVEST, BIANSA INVEST
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Karreweg 54
9870 Zulte
Industriezone(KRU) 32
9770 Kruisem
Active since 28 June 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Smets Houtbedrijf same network
€ 5.4 million revenue · 2025
BOUWCENTER VANHULLE same network
€ 59 million revenue · 2025
TEGELCENTER VANHULLE same network
€ 7.3 million revenue · 2025
VANHULLE CONCEPT same network
€ -3,721 gross margin · 2025
VANHULLE ZULTE
+1 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
- 0407.219.460
- VAT number
- BE 0407.219.460
- Registered office
- Karreweg 54, 9870 Zulte
- Names & denominations
- Vervoer en Handel Vanhulle en Cie
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 1970
- Peppol
- Active · Active since 4 Aug 2025
- Activities · NACE
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