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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 190.6 to 127.6.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
V.N.W.TRANSPORT from Houthalen-Helchteren, company number BE0436041526, closed financial year 2025 with a result of € -1.6 million after tax. For that financial year V.N.W.TRANSPORT recorded revenue of € 20 million and equity of € -632,549. Compared with financial year 2024, the result moved from € -2.1 million to € -1.6 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ -632,549
▼ € 1.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▲ 23 % less loss than in 2024
Profit after tax over the fiscal year.
€ 51,751
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.1 million.
People and assets in 2025
127.6
▼ 23.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.6 million
▼ 13% vs 2024
€ 59,300 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.
€ 7 million
▲ 22% vs 2024
Of which on lease € 5.9 million.
Debts at end 2025
€ 14.2 million
▲ 53% vs 2024
€ 2.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.8 million
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.
€ 805,384
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,190,745 | € 20,559,122 | € 21,146,023 | € 20,006,647 | ▼ 5% |
| Profit after taxes | € 48,936 | € -1,155,105 | € -2,099,116 | € -1,613,377 | ▲ € 485,739 |
| Equity | € 4,235,048 | € 3,079,944 | € 980,828 | € -632,549 | ▼ € 1.6 million |
| Total debts | € 16,430,842 | € 18,284,257 | € 12,493,214 | € 17,847,070 | ▲ 43% |
| Cash | € 0 | - | € 153,385 | € 51,751 | ▼ 66% |
| Land & buildings | € 1,049,029 | € 978,566 | € 830,284 | € 286,291 | ▼ 66% |
| Retained profit | € 2,734,496 | € 1,579,392 | € -519,724 | € -2,133,101 | ▼ € 1.6 million |
| Bank debt | € 8,056,701 | € 9,543,713 | € 9,252,033 | € 14,198,305 | ▲ 53% |
| Balance sheet total | € 20,665,891 | € 21,364,201 | € 13,574,042 | € 17,392,814 | ▲ 28% |
| Employees (FTE) | 201.3 | 190.6 | 150.9 | 127.6 | ▼ 23.3 |
Key figures of V.N.W.TRANSPORT, 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 V.N.W.TRANSPORT?
What happened at V.N.W.TRANSPORT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Yves Vandeput BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.6 million. Source: NBB ↗
- Max Vandeput became a director. NBB
- Yves Vandeput BV became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,936 profit in 2022 to € 1.6 million loss in 2025.
Paid € 47,957 in corporate taxes since 2022.
Best year ever: 2022, with € 48,936 profit.
Pays suppliers within 53 days on average.
Management
The stake of VNW BEHEERSMAATSCHAPPIJ, YVES VANDEPUT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
V.N.W.TRANSPORTBehind V.N.W.TRANSPORT is Max Vandeput. The shares are held by VNW BEHEERSMAATSCHAPPIJ (99.8%) and YVES VANDEPUT (99%).
Directors
According to the 2025 annual accounts
since 2025
Managing director · represented by Yves Vandeput
Also active at: COOLTRANS, VNW BEHEERSMAATSCHAPPIJ, CARDON LOGISTIQUE, VERVOER VLEESCHOUWERS, KOELING, COLDWAY EXPRESS, Cooltrans Logistics, JUMAX +5 more
since 2023 · until 2029
Shareholders
99.8%
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Centrum-Zuid 1410
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →VNW BEHEERSMAATSCHAPPIJ same network
€ 1.2 million revenue · 2025
VERVOER VLEESCHOUWERS same network
Truck Service Houthalen same network
€ 2.8 million revenue · 2025
Berger
€ 782,438 gross margin · 2025
BTW-eenheid TDL GROUP
+3 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
- 0436.041.526
- VAT number
- BE 0436.041.526
- Registered office
- Centrum-Zuid 1410, 3530 Houthalen-Helchteren
- Names & denominations
- V.N.W.TRANSPORT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 1988
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
Goederenvervoer over de weg
Diensten in verband met vervoer te land
Overige ondersteunende activiteiten i.v.m. het vervoer te land