Financials
Financial year 2025
GVTransportservice from Oostkamp, company number BE0701968709, closed financial year 2025 with a result of € -2,669 after tax. For that financial year GVTransportservice recorded a gross margin of € 906,936 and equity of € 185,477. Compared with financial year 2024, the result moved from € 58,689 to € -2,669. 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 December 16, 2025.
€ 185,477
▼ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,669
▼ still € 58,689 profit in 2024
Profit after tax over the fiscal year.
€ 24,640
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 160,477.
People and assets in 2025
6.5
▲ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 574,490
▲ 43% vs 2024
€ 88,400 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.
€ 969,788
▲ 43% vs 2024
Of which on lease € 733,436.
Debts at end 2025
€ 1.5 million
▲ 121% vs 2024
€ 256,584 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 366,300
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 68,603
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 406,227 | € 528,880 | € 704,761 | € 906,936 | ▲ 29% |
| Profit after taxes | € 36,143 | € 46,664 | € 58,689 | € -2,669 | ▼ € 61,358 |
| Equity | € 248,493 | € 295,157 | € 258,846 | € 185,477 | ▼ 28% |
| Total debts | € 502,453 | € 643,876 | € 954,744 | € 1,946,663 | ▲ 104% |
| Cash | € 130,674 | € 113,690 | € 57,849 | € 24,640 | ▼ 57% |
| Land & buildings | € 4,990 | € 13,737 | € 13,439 | € 12,309 | ▼ 8% |
| Retained profit | € 223,493 | € 270,157 | € 233,846 | € 160,477 | ▼ 31% |
| Dividend | € 75,000 | € 0 | € 95,000 | € 70,700 | ▼ 26% |
| Bank debt | € 380,189 | € 474,420 | € 662,546 | € 1,465,525 | ▲ 121% |
| Balance sheet total | € 750,946 | € 939,033 | € 1,213,589 | € 2,132,140 | ▲ 76% |
| Employees (FTE) | 3 | 4 | 4 | 6.5 | ▲ 2.5 |
By gross margin, GVTransportservice ranks 5th of 24 companies with main activity “Goederenvervoer over de weg” in Oostkamp that publish figures (fiscal year 2025).
Key figures of GVTransportservice, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about GVTransportservice 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 GVTransportservice?
What happened at GVTransportservice in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,669 (▼ € 61,358 vs 2024). Source: NBB ↗
- Emily Huyghe became a director. NBB
- Luc Vandewiele became a director. NBB
- New establishment in Oostkamp. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Glenn Vandewiele became a director. NBB
In short
From € 36,143 profit in 2022 to € 2,669 loss in 2025.
Paid € 20,540 in corporate taxes since 2022.
Best year ever: 2024, with € 58,689 profit.
On average € 139,500 of value added per employee in 2025.
Management
Behind GVTransportservice are Glenn Vandewiele, Emily Huyghe and Luc Vandewiele.
Directors
According to the 2025 annual accounts
Glenn Vandewiele
Bestuurder
since 2018
Emily Huyghe
Bestuurder
since 2019
Luc Vandewiele
Bestuurder
since 2019
Establishments
Establishment units
Physical locations of this company
Kortrijksestraat 524
8020 Oostkamp
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Oostkamp
Same main activity (Goederenvervoer over de weg), 28 active companies in Oostkamp, largest first.
€ 71 million revenue · 2025
€ 3.3 million gross margin · 2025
€ 1 million gross margin · 2025
€ 920,789 gross margin · 2025
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€ 865,124 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VANDEWIELE Glenn Bertrand Marijke(oprichter) 100%
Details
- Company number
- 0701.968.709
- VAT number
- BE 0701.968.709
- Registered office
- Kortrijksestraat 524, 8020 Oostkamp
- Names & denominations
- GVTransportservice
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2018
- Peppol
- Active · Active since 18 Jul 2025
- Activities · NACE
Goederenvervoer over de weg
Verhuur en lease van vrachtwagens