Financials
Financial year 2025
Van & Truck Rental from Kortemark, company number BE0734443616, closed financial year 2025 with a result of € -36,611 after tax. For that financial year Van & Truck Rental recorded revenue of € 2.7 million and equity of € 430,598. Compared with financial year 2024, the result moved from € 8,721 to € -36,611. The company made a loss. 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 July 15, 2026.
€ 430,598
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,611
▼ still € 8,721 profit in 2024
Profit after tax over the fiscal year.
€ 128,903
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 80,598.
People and assets in 2025
1.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 127,948
▲ 70% vs 2024
€ 91,400 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.
€ 141,931
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 175,000
▼ 42% vs 2024
Loans from banks and other lenders, long and short.
€ 247,786
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,428
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 2,308,294 | € 2,666,949 | € 2,711,157 | ▲ 2% |
| Gross margin | € 299,176 | € 469,576 | € 229,445 | € 352,815 | ▲ 54% |
| Profit after taxes | € 143,995 | € 173,783 | € 8,721 | € -36,611 | ▼ € 45,332 |
| Equity | € 284,705 | € 458,488 | € 467,209 | € 430,598 | ▼ 8% |
| Total debts | € 317,469 | € 283,304 | € 630,236 | € 507,438 | ▼ 19% |
| Cash | € 108,315 | € 247,328 | € 100,225 | € 128,903 | ▲ 29% |
| Retained profit | € -65,295 | € 108,488 | € 117,209 | € 80,598 | ▼ 31% |
| Bank debt | € 0 | € 0 | € 300,000 | € 175,000 | ▼ 42% |
| Balance sheet total | € 602,174 | € 741,792 | € 1,097,445 | € 938,036 | ▼ 15% |
| Employees (FTE) | 1 | 1.6 | 1 | 1.4 | ▲ 0.4 |
Key figures of Van & Truck Rental, 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 Van & Truck Rental?
What happened at Van & Truck Rental in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BRAEM INVEST NV stepped down as director. NBB
- IMMOVAC NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 36,611 (▼ € 45,332 vs 2024). Source: NBB ↗
- BRAEM INVEST NV became a director. NBB
- IMMOVAC NV became a director. NBB
- New establishment in Kuurne. KBO
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 143,995 profit in 2022 to € 36,611 loss in 2025.
Paid € 42,615 in corporate taxes since 2022.
Best year ever: 2023, with € 173,783 profit.
On average € 252,000 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Braem Invest, Immovac comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Van & Truck RentalThe shares are held by Braem Invest (74.9%) and Immovac (25.1%).
Directors
According to the 2025 annual accounts
Managing director · represented by Johan Braem
Also active at: BRAEM, IMBRACO, MAN Brugge, TSE TRUCK SERVICE EUROPE, IMMO WEST-VLAANDEREN, MAN WEST-VLAANDEREN
since 2024 · until 2029
Managing director · represented by Christophe Hoste
Also active at: BRAEM, IMBRACO, MAN Brugge, TSE TRUCK SERVICE EUROPE, IMMO WEST-VLAANDEREN, MAN WEST-VLAANDEREN
since 2024 · until 2029
Shareholders
74.9%
25.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Handzaamse Nieuwstraat 7
8610 Kortemark
Brugsesteenweg 76 box B
8520 Kuurne
Active since 1 June 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0734.443.616
- VAT number
- BE 0734.443.616
- Registered office
- Handzaamse Nieuwstraat 7, 8610 Kortemark
- Names & denominations
- Van & Truck Rental · VTR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Verhuur en lease van vrachtwagens
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Verhuur en lease van andere consumentenartikelen, n.e.g.