Financials
Financial year 2025
VM-Milktrans from Ieper, company number BE0630865729, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year VM-Milktrans recorded a gross margin of € 3 million and equity of € 522,796. Compared with financial year 2024, the result moved from € 803,567 to € 1.2 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 522,796
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 43% vs 2024
Profit after tax over the fiscal year.
€ 638,367
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.3 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
25.1
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 6% vs 2024
€ 69,300 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.
€ 511,965
▲ € 495,100 vs 2024
Of which on lease € 503,096.
Debts at end 2025
€ 498,020
€ 102,548 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 791,095
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 231,421
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,463,783 | € 2,500,928 | € 2,504,668 | € 2,991,391 | ▲ 19% |
| Profit after taxes | € 1,217,563 | € 1,083,885 | € 803,567 | € 1,150,579 | ▲ 43% |
| Equity | € 730,355 | € 709,705 | € 685,032 | € 522,796 | ▼ 24% |
| Total debts | € 1,992,694 | € 1,549,354 | € 1,627,379 | € 2,693,364 | ▲ 66% |
| Cash | € 804,153 | € 1,045,676 | € 912,835 | € 638,367 | ▼ 30% |
| Retained profit | € 711,755 | € 691,105 | € 666,432 | € 504,196 | ▼ 24% |
| Dividend | € 1,140,000 | € 1,104,535 | € 828,240 | € 1,312,814 | ▲ 59% |
| Bank debt | € 0 | € 0 | € 0 | € 498,020 | |
| Balance sheet total | € 2,723,049 | € 2,259,059 | € 2,312,411 | € 3,216,160 | ▲ 39% |
| Employees (FTE) | 19 | 19.7 | 24.3 | 25.1 | ▲ 0.8 |
Key figures of VM-Milktrans, 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 VM-Milktrans?
What happened at VM-Milktrans in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 43% vs 2024). Source: NBB ↗
- Sofie Doom stepped down as director. NBB
- New establishment in Menen. KBO
- Verdonck Michiel BV became a director. NBB
- Sofie Doom became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ieper. KBO
In short
From € 1.2 million profit in 2022 to € 1.2 million profit in 2025.
Paid € 100,591 in corporate taxes since 2022.
Best year ever: 2022, with € 1.2 million profit.
On average € 119,200 of value added per employee in 2025.
Management
Behind VM-Milktrans is Verdonck Michiel BV. Verdonck Michiel BV is also behind SOVEDO Logistics and Fuels.
Directors
According to the 2025 annual accounts
Director · represented by Michiel Verdonck
Also active at: SOVEDO Logistics and Fuels
since 2017
since 2017 · until 2025
Establishments
Establishment units
Physical locations of this company
Galgestraat 11
8908 Ieper
LAR blok K 3
8930 Menen
Active since 2 January 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0630.865.729
- VAT number
- BE 0630.865.729
- Registered office
- Galgestraat 11, 8908 Ieper
- Names & denominations
- VM-Milktrans
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2015
- Peppol
- Active · Active since 15 May 2025
- Activities · NACE
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