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 4 to 2.5.
Financials
Financial year 2025
TRANSPORT TAERWE from Retie, company number BE0431467084, closed financial year 2025 with a result of € 37,206 after tax. For that financial year TRANSPORT TAERWE recorded a gross margin of € 224,449 and equity of € 94,404. Compared with financial year 2024, the result moved from € -30,027 to € 37,206. Profitable, and profit is growing. The buffer shrank hard: equity is 80 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 94,404
▼ 80% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,206
▲ still € 30,027 loss in 2024
Profit after tax over the fiscal year.
€ 7,790
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 405,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.5
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 145,248
▼ 23% vs 2024
€ 58,100 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.
€ 109,161
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 128,619
▲ 1% vs 2024
€ 26,165 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 369,889
▲ 105% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,513
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 364,857 | € 256,370 | € 191,466 | € 224,449 | ▲ 17% |
| Profit after taxes | € 87,759 | € 16,136 | € -30,027 | € 37,206 | ▲ € 67,233 |
| Equity | € 476,089 | € 492,226 | € 462,198 | € 94,404 | ▼ 80% |
| Total debts | € 361,585 | € 235,231 | € 351,229 | € 582,820 | ▲ 66% |
| Cash | € 477,492 | € 430,097 | € 13,022 | € 7,790 | ▼ 40% |
| Land & buildings | € 9,578 | € 6,926 | € 4,275 | € 1,623 | ▼ 62% |
| Retained profit | € 414,089 | € 430,226 | € 400,198 | € 32,404 | ▼ 92% |
| Dividend | € 28,571 | € 0 | € 0 | € 405,000 | |
| Bank debt | € 0 | € 3,449 | € 127,248 | € 128,619 | ▲ 1% |
| Balance sheet total | € 837,674 | € 727,457 | € 813,427 | € 677,224 | ▼ 17% |
| Employees (FTE) | 5.1 | 4 | 3.1 | 2.5 | ▼ 0.6 |
Key figures of TRANSPORT TAERWE, 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 TRANSPORT TAERWE?
What happened at TRANSPORT TAERWE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,206. Source: NBB ↗
- New establishment in Brecht. KBO
- Wine On Wheels BV became a director. NBB
- New establishment in Retie. KBO
- Start of the company according to the CBE. KBO
In short
From € 87,759 profit in 2022 to € 37,206 profit in 2025.
Paid € 39,793 in corporate taxes since 2022.
Best year ever: 2022, with € 87,759 profit.
On average € 89,800 of value added per employee in 2025.
Management
Behind TRANSPORT TAERWE is Wine On Wheels BV.
Directors
According to the 2025 annual accounts
Director · represented by Rudy Verstraelen
since 2023
Establishments
Establishment units
Physical locations of this company
Oude Arendonksebaan 63
2470 Retie
Heihoefke 5a
2960 Brecht
Active since 1 August 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0431.467.084
- VAT number
- BE 0431.467.084
- Registered office
- Oude Arendonksebaan 63, 2470 Retie
- Names & denominations
- TRANSPORT TAERWE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1987
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
Goederenvervoer over de weg