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 43 to 31.4.
Financials
Financial year 2025
ALVAN from Brugge, company number BE0456405586, closed financial year 2025 with a result of € 16,747 after tax. For that financial year ALVAN recorded revenue of € 15.1 million and equity of € 4.8 million. Compared with financial year 2024, the result moved from € 1.6 million to € 16,747. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.
€ 4.8 million
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,747
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 925,204
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
31.4
▼ 7.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▼ 18% vs 2024
€ 77,100 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.
€ 24,105
▲ 112% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 108,735
▼ 90% vs 2024
Loans from banks and other lenders, long and short.
€ 1.6 million
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 552,813
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,608,707 | € 22,412,290 | € 23,454,309 | € 15,097,292 | ▼ 36% |
| Profit after taxes | € -464,383 | € 3,085,477 | € 1,577,017 | € 16,747 | ▼ 99% |
| Equity | € 1,117,244 | € 4,202,722 | € 5,779,738 | € 4,796,485 | ▼ 17% |
| Total debts | € 9,645,599 | € 4,850,144 | € 3,967,081 | € 2,249,520 | ▼ 43% |
| Cash | € 583,269 | € 605,358 | € 1,572,372 | € 925,204 | ▼ 41% |
| Retained profit | € -445,256 | € 2,640,222 | € 4,217,238 | € 3,233,985 | ▼ 23% |
| Dividend | € 0 | € 0 | € 0 | € 1,000,000 | |
| Bank debt | € 6,067,795 | € 2,809,578 | € 1,109,578 | € 108,735 | ▼ 90% |
| Balance sheet total | € 10,762,843 | € 9,052,865 | € 9,746,819 | € 7,046,006 | ▼ 28% |
| Employees (FTE) | 48.9 | 43 | 39.2 | 31.4 | ▼ 7.8 |
By revenue, ALVAN ranks 5th of 6 companies with main activity “Vervaardiging van aanhangwagens, opleggers en caravans” in West Flanders that publish figures (fiscal year 2025).
Key figures of ALVAN, 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.
Ask about ALVAN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ALVAN?
What happened at ALVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,747 (▼ 99% vs 2024). Source: NBB ↗
- Olivier Garaud became a director. NBB
- Laurent Vanlander became a director. NBB
- Sofinpol SA became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 464,383 loss in 2022 to € 16,747 profit in 2025.
Paid € 272,028 in corporate taxes since 2022.
Best year ever: 2023, with € 3.1 million profit.
Paid out € 1 million in dividends to the owners in total.
Management
Behind ALVAN are Olivier Garaud, Laurent Vanlander and Sofinpol SA. It owns 100% of Cargo Van spol. s r.o. and 100% of The European Van Company Sp. Z O.o. itself.
Directors
According to the 2025 annual accounts
Olivier Garaud
Director
since 2021
Laurent Vanlander
Director
since 2021
Director · represented by Mura Gerard
since 2021
Establishments
Establishment units
Physical locations of this company
Laconiastraat 1
8000 Brugge
Laconiastraat 1B
8000 Brugge
Active since 6 December 1995
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.
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Details
- Company number
- 0456.405.586
- VAT number
- BE 0456.405.586
- Registered office
- Laconiastraat 1, 8000 Brugge
- Names & denominations
- ALVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 1995
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Vervaardiging van aanhangwagens, opleggers en caravans
Activiteiten van holdings
Holdings
Vervaardiging van metalen constructiewerken en delen daarvan
Groothandel in aanhangwagens, opleggers en caravans
Vervaardiging van andere delen en toebehoren voor motorvoertuigen
Groothandel in delen en toebehoren van motorvoertuigen
Handel in aanhangwagens, opleggers en caravans
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