Financials
Financial year 2025
TRADE AND TRANSPORT CORPORATION from Beveren-Kruibeke-Zwijndrecht, company number BE0466056492, closed financial year 2025 with a result of € -140,078 after tax. For that financial year TRADE AND TRANSPORT CORPORATION recorded revenue of € 26.9 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 270,599 to € -140,078. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 1.4 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -140,078
▼ still € 270,599 profit in 2024
Profit after tax over the fiscal year.
€ 155,206
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2025
226.9
▼ 5.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 12.4 million
▲ 4% vs 2024
€ 54,600 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.
€ 2.7 million
▼ 18% vs 2024
Of which on lease € 2.4 million.
Debts at end 2025
€ 2.6 million
▼ 36% vs 2024
€ 691,315 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3.5 million
▲ 122% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 95 days on average.
€ 1.7 million
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,807,701 | € 27,178,145 | € 26,141,786 | € 26,883,494 | ▲ 3% |
| Profit after taxes | € 940,538 | € 266,245 | € 270,599 | € -140,078 | ▼ € 410,677 |
| Equity | € 1,941,032 | € 1,229,056 | € 1,499,656 | € 1,359,578 | ▼ 9% |
| Total debts | € 7,815,396 | € 10,468,062 | € 7,234,774 | € 8,024,073 | ▲ 11% |
| Cash | € 734,189 | € 741,975 | € 2,265,465 | € 155,206 | ▼ 93% |
| Retained profit | € 1,584,886 | € 872,911 | € 1,143,510 | € 1,003,432 | ▼ 12% |
| Dividend | € 500,000 | € 978,220 | € 0 | € 0 | |
| Bank debt | € 4,997,958 | € 7,392,162 | € 3,982,953 | € 2,564,396 | ▼ 36% |
| Balance sheet total | € 9,756,428 | € 11,697,118 | € 8,734,429 | € 9,383,651 | ▲ 7% |
| Employees (FTE) | 219.5 | 234.9 | 232.6 | 226.9 | ▼ 5.7 |
Key figures of TRADE AND TRANSPORT CORPORATION, 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 TRADE AND TRANSPORT CORPORATION?
What happened at TRADE AND TRANSPORT CORPORATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xwift BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 140,078 (▼ € 410,677 vs 2024). filed late Source: NBB ↗
- New establishment in Evergem. KBO
- Xwift BV became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 940,538 profit in 2022 to € 140,078 loss in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 940,538 profit.
Paid out € 1.5 million in dividends to the owners in total.
Management
The shares are held by Xwift (100%).
Directors
According to the 2025 annual accounts
Director · represented by Pieter Denys
Also active at: TRANSPORTS JOS PLAS & CIE BVBA, VADESCO LOGISTICS, V.D.C., HERMOS, DIMATRA, JET - CAR, VERVOER VERCAUTEREN ANDRE, AXITRANS +5 more
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kasteleinsstraat 21
9150 Beveren-Kruibeke-Zwijndrecht
Gipsweg 5
9940 Evergem
Active since 1 November 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.056.492
- VAT number
- BE 0466.056.492
- Registered office
- Kasteleinsstraat 21, 9150 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- TRADE AND TRANSPORT CORPORATION · TTC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 1999
- Peppol
- Active · Active since 5 Sept 2025
- Activities · NACE
Goederenvervoer over de weg