Financials
Financial year 2026
OILCOTRANS from Wielsbeke, company number BE0454386107, closed financial year 2026 with a result of € 128,126 after tax. For that financial year OILCOTRANS recorded a gross margin of € 1.4 million and equity of € 1.5 million. Compared with financial year 2025, the result moved from € 116,848 to € 128,126. 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 October 12, 2026.
€ 1.5 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 128,126
▲ 10% vs 2025
Profit after tax over the fiscal year.
€ 146,000
▼ 24% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 110,000 paid out
86 % of the profit went to the shareholders, mostly to COPROBEL (100 % of the shares). That is where the money ends up.
People and assets in 2026
13.9
▼ 0.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 3% vs 2025
€ 78,400 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.
€ 1.2 million
▲ 10% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 59,038
▼ 3% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 88,626
▼ 1% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,249,495 | € 1,265,882 | € 1,378,408 | € 1,435,553 | ▲ 4% |
| Profit after taxes | € 84,914 | € 100,681 | € 116,848 | € 128,126 | ▲ 10% |
| Equity | € 1,416,222 | € 1,456,902 | € 1,473,750 | € 1,491,877 | ▲ 1% |
| Total debts | € 192,435 | € 192,575 | € 252,065 | € 268,657 | ▲ 7% |
| Cash | € 114,587 | € 261,178 | € 192,907 | € 146,000 | ▼ 24% |
| Retained profit | € 791,222 | € 831,902 | € 848,750 | € 866,877 | ▲ 2% |
| Dividend | € 15,000 | € 60,000 | € 100,000 | € 110,000 | ▲ 10% |
| Balance sheet total | € 1,608,657 | € 1,649,477 | € 1,725,816 | € 1,760,533 | ▲ 2% |
| Employees (FTE) | 13.8 | 12.8 | 14 | 13.9 | ▼ 0.1 |
Key figures of OILCOTRANS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to OILCOTRANS?
What happened at OILCOTRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Recyc-Oil nv stepped down as director. NBB
- Coprobel nv stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 128,126 (▲ 10% vs 2025). Source: NBB ↗
- Recyc-Oil nv became a director. NBB
- Coprobel nv became a director. NBB
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 84,914 profit in 2023 to € 128,126 profit in 2026.
Paid € 44,053 in corporate taxes since 2023.
Best year ever: 2026, with € 128,126 profit.
On average € 103,300 of value added per employee in 2026.
Management
The stake of COPROBEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OILCOTRANSThe shares are held by COPROBEL (100%).
Directors
According to the 2026 annual accounts
Director · represented by Laurens Vandaele
since 2023 · until 2029
Managing director · represented by haar gedelegeerd bestuurder Kevarel bv, vast vertegenwoordigd door Bernard Vandaele
Also active at: RECYC-OIL
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Molenstraat 209
8710 Wielsbeke
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
- 0454.386.107
- VAT number
- BE 0454.386.107
- Registered office
- Molenstraat 209, 8710 Wielsbeke
- Names & denominations
- OILCOTRANS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 1995
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Goederenvervoer over de weg