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 15.7 to 13.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
TRANSPORT DE VREESE from Gent, company number BE0455097373, closed financial year 2024 with a result of € 182,548 after tax. For that financial year TRANSPORT DE VREESE recorded a gross margin of € 819,800 and equity of € 199,441. Compared with financial year 2023, the result moved from € 61,718 to € 182,548. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 199,441
▲ € 182,548 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 182,548
▲ 196% vs 2023
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 137,941.
People and assets in 2024
13
▼ 2.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 580,684
▼ 11% vs 2023
€ 44,700 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.
€ 15,293
▼ 32% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 224,474
▲ 80% vs 2023
Loans from banks and other lenders, long and short.
€ 928,945
▼ 30% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 163,671
▲ 148% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,045,074 | € 163,156 | € 776,585 | € 819,800 | ▲ 6% |
| Profit after taxes | € -55,726 | € -615,197 | € 61,718 | € 182,548 | ▲ 196% |
| Equity | € 570,373 | € -44,824 | € 16,894 | € 199,441 | ▲ € 182,548 |
| Total debts | € 993,222 | € 1,098,267 | € 1,511,981 | € 1,317,090 | ▼ 13% |
| Cash | € 19,577 | € 251 | € 53,746 | € 0 | ▼ 100% |
| Land & buildings | € 39,697 | € 36,389 | € 33,081 | € 29,773 | ▼ 10% |
| Retained profit | € 508,873 | € -106,324 | € -44,606 | € 137,941 | ▲ € 182,548 |
| Bank debt | € 0 | € 240,723 | € 124,969 | € 224,474 | ▲ 80% |
| Balance sheet total | € 1,913,595 | € 1,403,443 | € 1,878,875 | € 1,866,532 | ▼ 1% |
| Employees (FTE) | 16.1 | 15.7 | 15.3 | 13 | ▼ 2.3 |
Key figures of TRANSPORT DE VREESE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TRANSPORT DE VREESE?
What happened at TRANSPORT DE VREESE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TRANSPORT DE VREESE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 182,548 (▲ 196% vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,726 loss in 2021 to € 182,548 profit in 2024.
Paid € 31,870 in corporate taxes since 2021.
Best year ever: 2024, with € 182,548 profit.
On average € 63,100 of value added per employee in 2024.
Management
Behind TRANSPORT DE VREESE is Geert De Vreese. Geert De Vreese is also behind TIMMERMAN and DE VREESE RENTING.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Smalleheerweg 124
9041 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0455.097.373
- VAT number
- BE 0455.097.373
- Registered office
- Smalleheerweg 124, 9041 Gent
- Names & denominations
- TRANSPORT DE VREESE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 25 April 1995
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- devreesetransport.be
- Activities · NACE
Goederenvervoer over de weg
Detailhandel in andere motorvoertuigen (> 3,5 ton)