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FLEETCO

Active
Public limited companyfounded 198243 yrs activeEdingensesteenweg 196, 1500 Halle, BelgiumKBO/BCE: BE 0423.051.939
Summary

FLEETCO has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55.1m and a net result of €2.2m. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 439 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability80=
Solvency55▼-7
Growth85=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 0.42 in 2024; short-term debt: 14% and cash: 11.3% of total assets), and 70.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 43 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
29.7%
Return on assets
1.2%
Age of the figures
18 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-09-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
13 d early
2023
42 d early
2022
35 d early
2021
38 d early
2020
36 d early
2019
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 October 1982, FLEETCO was incorporated.1 The capital was increased 2 times between 2012 and 2016, most recently to EUR 21 million.23 In 2014 the company took the name FLEETCO.4 Of the 5 current board members, Jef Colruyt has served longest, since 2011.5 Revenue went from EUR 26 million in 2019 to EUR 84 million in 2025.6

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 20-01-2012
  3. 3Belgian State Gazette, 07-11-2016
  4. 4Belgian State Gazette, 20-06-2014
  5. 5Belgian State Gazette, 22-11-2017
  6. 6National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€83.6m▲ 12.9%
2024 · €74.1m
EBIT margin
7.3%▼ 0.1pp
2024 · 7.4%
Net result
€2.2m▲ 6.8%
2024 · €2.1m
Working capital
€11.6m
2024 · -€20.4m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€37.4m▲ 17.9%€61.8m▲ 65.1%€71.5m▲ 15.7%€74.1m▲ 3.6%€83.6m▲ 12.9%
Operating result€3.6m▲ 93.8%€7.8m▲ 113%€10.6m▲ 36.2%€5.5m▼ 48.0%€6.1m▲ 11.3%
Net result€2.6mabove the sector's middle half▲ 110%€5.6mabove the sector's middle half▲ 119%€7.4mabove the sector's middle half▲ 31.1%€2.1mabove the sector's middle half▼ 72.2%€2.2mabove the sector's middle half▲ 6.8%
EBIT margin9.7%▲ 3.8pp12.5%▲ 2.8pp14.8%▲ 2.2pp7.4%▼ 7.4pp7.3%▼ 0.1pp
Equity€37.8mabove the sector's middle half▲ 7.3%€43.5mabove the sector's middle half▲ 14.9%€50.9mabove the sector's middle half▲ 17.0%€52.9mabove the sector's middle half▲ 4.0%€55.1mabove the sector's middle half▲ 4.2%
Total assets€91.7mabove the sector's middle half▲ 27.1%€111.1mabove the sector's middle half▲ 21.2%€123.1mabove the sector's middle half▲ 10.8%€145.0mabove the sector's middle half▲ 17.8%€185.5mabove the sector's middle half▲ 28.0%
Debt€53.9m▲ 45.9%€67.6m▲ 25.5%€72.2m▲ 6.8%€92.0m▲ 27.5%€130.4m▲ 41.7%
Working capital-€45.2m▼ 37.7%-€53.3m▼ 17.9%-€57.2m▼ 7.3%-€20.4m▲ 64.4%€11.6m
Solvency41.3%within the sector's middle half▼ 7.6pp39.1%within the sector's middle half▼ 2.1pp41.3%within the sector's middle half▲ 2.2pp36.5%within the sector's middle half▼ 4.8pp29.7%within the sector's middle half▼ 6.8pp
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€5.0m€10.0mOperating result 2021: €3.6m€3.6mNet result 2021: €2.6m€2.6mOperating result 2022: €7.8m€7.8mNet result 2022: €5.6m€5.6mOperating result 2023: €10.6m€10.6mNet result 2023: €7.4m€7.4mOperating result 2024: €5.5m€5.5mNet result 2024: €2.1m€2.1mOperating result 2025: €6.1m€6.1mNet result 2025: €2.2m€2.2m20212022202320242025€0€5m€10mOperating result 2023: €10.6m€11mNet result 2023: €7.4m€7.4mOperating result 2024: €5.5m€5.5mNet result 2024: €2.1m€2.1mOperating result 2025: €6.1m€6.1mNet result 2025: €2.2m€2.2m202320242025
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185.5m
Fixed assets €148.1m ▲ 14.0%
Current assets €37.5m ▲ 149%
Equity and liabilities €185.5m
Equity €55.1m ▲ 4.2%
Provisions €51,919 ▼ 5.5%
Debt €130.4m ▲ 41.7%
Debt's share of the balance-sheet total rises from 63.5% to 70.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€52.8m▲
2024 · €45.7m
Cash flow
€48.9m▲
2024 · €42.3m
Current ratio
1.45▲
2024 · 0.42
Debt to equity
2.36▲
2024 · 1.74
ROE
4.0%▲
2024 · 3.9%
ROA
1.2%▼
2024 · 1.4%
Interest coverage
16.30▲
2024 · 16.06
Debt ≤ 1 year
€25.9m▼
2024 · €35.4m
Debt > 1 year
€104.5m▲
2024 · €56.6m
Income taxes
€704,092▲
2024 · €593,362
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 171 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 98% are still going.

  • Large
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.8% went bankrupt
0.6% stopped otherwise
98% still going

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 171 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 70 lines
Balance sheet Code20242025
Assets
Total assets20/58€145.0m€185.5m▲
Fixed assets21/28€129.9m€148.1m▲
Tangible fixed assets22/27€129.9m€148.1m▲
Plant, machinery and equipment23€2.6m€3.6m▲
Furniture and vehicles24€118.3m€137.0m▲
Leasing and similar rights25€9.0m€7.5m▼
Assets under construction and advance payments27€26,614€25,587▼
Financial fixed assets28€181€181=
Affiliated companies280/1€181€181=
Participating interests280€181€181=
Current assets29/58€15.1m€37.5m▲
Amounts receivable within one year40/41€13.6m€15.5m▲
Trade receivables40€13.0m€14.8m▲
Other amounts receivable41€593,964€647,157▲
Cash at bank and in hand54/58-€20.9m
Deferred charges and accrued income490/1€1.4m€1.1m▼
Equity and liabilities
Total equity and liabilities10/49€145.0m€185.5m▲
Equity10/15€52.9m€55.1m▲
Contributions10/11€20.8m€20.8m=
Capital10€20.8m€20.8m=
Issued capital100€20.8m€20.8m=
Reserves13€1.7m€1.9m▲
Non-distributable reserves130/1€1.1m€1.2m▲
Legal reserve130€1.1m€1.2m▲
Tax-exempt reserves132€544,242€676,180▲
Profit (loss) carried forward14€30.4m€32.4m▲
Provisions and deferred taxes16€54,936€51,919▼
Deferred taxes168€54,936€51,919▼
Amounts payable17/49€92.0m€130.4m▲
Amounts payable after more than one year17€56.6m€104.5m▲
Financial debts170/4€56.6m€104.5m▲
Leasing and similar obligations172€6.6m€4.5m▼
Other loans174€50.0m€100.0m▲
Amounts payable within one year42/48€35.4m€25.9m▼
Current portion of amounts payable after more than one year42€2.0m€2.1m▲
Financial debts43€17.1m-
Credit institutions430/8€17.1m-
Trade debts44€16.3m€23.8m▲
Suppliers440/4€16.3m€23.8m▲
Other amounts payable47/48€14,000-
Income statement Code20242025
Operating income70/76A€82.2m€91.6m▲
Turnover70€74.1m€83.6m▲
Other operating income74€8.1m€8.0m▼
Operating charges60/66A€76.7m€85.5m▲
Services and other goods61€33.1m€35.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40.2m€46.7m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€40,876-€38,811▼
Other operating charges640/8€3.4m€3.1m▼
Non-recurring operating charges66A€0€0▲
Operating profit (loss)9901€5.5m€6.1m▲
Financial income75/76B€341€27,179▲
Recurring financial income75€341€27,179▲
Income from financial fixed assets750€341-
Income from current assets751-€27,179
Financial charges65/66B€2.8m€3.2m▲
Recurring financial charges65€2.8m€3.2m▲
Debt charges650€2.8m€3.2m▲
Other financial charges652/9€722€253▼
Profit (loss) for the period before taxes9903€2.6m€2.9m▲
Transfer from deferred taxes780€2,640€3,018▲
Income taxes67/77€593,362€704,092▲
Taxes670/3€593,362€704,092▲
Profit (loss) for the period9904€2.1m€2.2m▲
Transfer from tax-exempt reserves789€7,921€9,053▲
Transfer to tax-exempt reserves689€189,298€140,990▼
Profit (loss) for the period to be appropriated9905€1.9m€2.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€30.5m€32.5m▲
Profit (loss) brought forward from the previous period14P€28.7m€30.4m▲
Transfer to equity691/2€93,876€103,390▲
To the legal reserve6920€93,876€103,390▲

The notes to these accounts (53 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€65.3m€76.4m€82.2m€91.6m▲ 11.5%
Turnover70€37.4m€61.8m€71.5m€74.1m€83.6m▲ 12.9%
Other operating income74-€3.5m€4.9m€8.1m€8.0m▼ 2.0%
Operating charges60/66A-€57.5m€65.8m€76.7m€85.5m▲ 11.5%
Services and other goods61-€20.3m€27.4m€33.1m€35.7m▲ 8.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26.3m€33.5m€35.6m€40.2m€46.7m▲ 16.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5,602€29,096€40,876-€38,811▼ 195%
Other operating charges640/8-€3.7m€2.8m€3.4m€3.1m▼ 9.0%
Non-recurring operating charges66A---€0€0▲ 500%
Operating profit (loss)9901€3.6m€7.8m€10.6m€5.5m€6.1m▲ 11.3%
Financial income75/76B-€2,530€1,660€341€27,179▲ 7,860%
Recurring financial income75€5,495€2,530€1,660€341€27,179▲ 7,860%
Income from financial fixed assets750---€341--
Income from current assets751----€27,179-
Other financial income752/9-€2,530€1,660---
Financial charges65/66B-€293,946€884,397€2.8m€3.2m▲ 13.9%
Recurring financial charges65€184,799€293,946€884,397€2.8m€3.2m▲ 13.9%
Debt charges650€184,669€293,749€884,135€2.8m€3.2m▲ 13.9%
Other financial charges652/9-€197€262€722€253▼ 65.0%
Profit (loss) for the period before taxes9903€3.5m€7.5m€9.7m€2.6m€2.9m▲ 9.5%
Transfer from deferred taxes780---€2,640€3,018▲ 14.3%
Transfer to deferred taxes680-€15,088€42,489---
Income taxes67/77€886,227€1.8m€2.2m€593,362€704,092▲ 18.7%
Taxes670/3-€1.8m€2.2m€593,362€704,092▲ 18.7%
Tax adjustments and reversals of tax provisions77-€21,043€6,958---
Profit (loss) for the period9904€2.6m€5.6m€7.4m€2.1m€2.2m▲ 6.8%
Transfer from tax-exempt reserves789---€7,921€9,053▲ 14.3%
Transfer to tax-exempt reserves689-€156,263€202,466€189,298€140,990▼ 25.5%
Profit (loss) for the period to be appropriated9905€2.6m€5.5m€7.2m€1.9m€2.1m▲ 10.1%
Line20212022202320242025Change
Assets
Total assets20/58€91.7m€111.1m€123.1m€145.0m€185.5m▲ 28.0%
Fixed assets21/28€83.1m€96.8m€108.1m€129.9m€148.1m▲ 14.0%
Tangible fixed assets22/27€83.1m€96.8m€108.1m€129.9m€148.1m▲ 14.0%
Plant, machinery and equipment23-€851,138€1.6m€2.6m€3.6m▲ 40.0%
Furniture and vehicles24-€95.8m€106.4m€118.3m€137.0m▲ 15.8%
Leasing and similar rights25---€9.0m€7.5m▼ 17.3%
Assets under construction and advance payments27-€162,042€157,260€26,614€25,587▼ 3.9%
Financial fixed assets28€181€181€181€181€181=
Affiliated companies280/1-€181€181€181€181=
Participating interests280-€181€181€181€181=
Current assets29/58€8.6m€14.3m€14.9m€15.1m€37.5m▲ 149%
Amounts receivable within one year40/41€7.0m€13.2m€13.4m€13.6m€15.5m▲ 13.6%
Trade receivables40-€12.3m€13.4m€13.0m€14.8m▲ 13.8%
Other amounts receivable41-€883,310€1,119€593,964€647,157▲ 9.0%
Cash at bank and in hand54/58----€20.9m-
Deferred charges and accrued income490/1-€1.1m€1.6m€1.4m€1.1m▼ 24.6%
Equity and liabilities
Total equity and liabilities10/49€91.7m€111.1m€123.1m€145.0m€185.5m▲ 28.0%
Equity10/15€37.8m€43.5m€50.9m€52.9m€55.1m▲ 4.2%
Contributions10/11€20.8m€20.8m€20.8m€20.8m€20.8m=
Capital10-€20.8m€20.8m€20.8m€20.8m=
Issued capital100-€20.8m€20.8m€20.8m€20.8m=
Reserves13€409,903€840,288€1.4m€1.7m€1.9m▲ 14.0%
Non-distributable reserves130/1-€679,888€1.0m€1.1m€1.2m▲ 9.1%
Legal reserve130-€679,888€1.0m€1.1m€1.2m▲ 9.1%
Tax-exempt reserves132-€160,400€362,866€544,242€676,180▲ 24.2%
Profit (loss) carried forward14€16.6m€21.8m€28.7m€30.4m€32.4m▲ 6.5%
Investment grants15-€1,658----
Provisions and deferred taxes16-€15,088€57,577€54,936€51,919▼ 5.5%
Deferred taxes168-€15,088€57,577€54,936€51,919▼ 5.5%
Amounts payable17/49€53.9m€67.6m€72.2m€92.0m€130.4m▲ 41.7%
Amounts payable after more than one year17---€56.6m€104.5m▲ 84.7%
Financial debts170/4---€56.6m€104.5m▲ 84.7%
Leasing and similar obligations172---€6.6m€4.5m▼ 32.0%
Other loans174---€50.0m€100.0m▲ 100%
Amounts payable within one year42/48€53.9m€67.6m€72.2m€35.4m€25.9m▼ 26.9%
Current portion of amounts payable after more than one year42---€2.0m€2.1m▲ 4.1%
Financial debts43-€56.5m€58.5m€17.1m--
Credit institutions430/8-€56.5m€58.5m€17.1m--
Trade debts44€7.1m€11.1m€12.7m€16.3m€23.8m▲ 46.0%
Suppliers440/4-€11.1m€12.7m€16.3m€23.8m▲ 46.0%
Taxes, remuneration and social security45--€963,235---
Taxes450/3--€963,235---
Other amounts payable47/48---€14,000--
Line20212022202320242025Change
Profit (loss) for the period9904€2.6m€5.6m€7.4m€2.1m€2.2m▲ 6.8%
+ Depreciation and write-downs630€26.3m€33.5m€35.6m€40.2m€46.7m▲ 16.2%
Operating cash flow (approximation)€28.9m€39.1m€43.0m€42.3m€48.9m▲ 15.8%
Investment in fixed assets (approximation)--€47.3m-€46.9m-€62.0m-€64.9m▼ 4.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2026
12-01
State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Mandate compensation3 facts ▸
  • General meeting, 11-09-2025
  • Auditor reappointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
  • Mandate compensation, Ernst & Young Bedrijfsrevisoren
2025
23-09
NBB filing Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial Liquidity triplescurrent ratio 1.45
Current ratio from 0.42 to 1.45; short-term debt falls from €35.4m to €25.9m.
2024
18-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema
13-05
State Gazette act Reappointments: Emst & Young Bedrijfsrevisorer, Jef Colruyt and 2 others
6 facts ▸
  • General meeting, 08/09/2022
  • Auditor reappointment, Emst & Young Bedrijfsrevisorer
  • General meeting, 14/09/2023
  • Director reappointment, Jef Colruyt (director)
  • Director reappointment, Stefaan Vandamme (director)
  • Director reappointment, Kris Castelein (director)
2023
06-11
State Gazette act Statutes amendment
Capital · Power of attorney4 facts ▸
  • General meeting, 28-09-2023
  • Statutes amendment
  • Capital, €20.800.000,43
  • Power of attorney, Colruyt Group Services NV
19-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial Highest result since 2019net €7.4m ▲31.1%
Operating result €10.6m, net result €7.4m, both a record.
31-03
Financial Equity above €50mEq €50.9m ▲17%
5 profitable years in a row build equity to €50.9m.
2022
26-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema
29-07
State Gazette act Resignation: Marc HOFMAN (director)
Appointments: Jo WILLEMYNS (director) and Stefan GOETHAERT (director)4 facts ▸
  • General meeting, 11-07-2022
  • Director resignation, Marc HOFMAN (director)
  • Director appointment, Jo WILLEMYNS (director)
  • Director appointment, Stefan GOETHAERT (director)
2021
23-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema
Show earlier events
2020
25-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema
25-02
State Gazette act Appointment: Stefaan Vandamme (director)
Resignation: Frans Coiruyt (director) · Reappointment: CVBA Ernst & Young Bedrijfsrevisoren (statutory auditor)5 facts ▸
  • General meeting, 12-09-2019
  • Director appointment, Stefaan Vandamme (director)
  • Director resignation, Frans Coiruyt (director)
  • Auditor reappointment, CVBA Ernst & Young Bedrijfsrevisoren
  • Board resolution, 07-12-2018
2019
18-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema
28-02
State Gazette act Resignation: Frans Colruyt (director)
Appointment: Stefaan Vandamme (director)3 facts ▸
  • Board meeting, 07-12-2018
  • Director resignation, Frans Colruyt (director)
  • Director appointment, Stefaan Vandamme (director)
2018
25-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
22-11
State Gazette act Reappointments: Jef Colruyt, Franciscus Colruyt and 2 others
5 facts ▸
  • General meeting, 14-09-2017
  • Director reappointment, Jef Colruyt (director)
  • Director reappointment, Franciscus Colruyt (director)
  • Director reappointment, Kris Castelein (director)
  • Director reappointment, Marc Hofman (director)
19-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
29-11
State Gazette act Resignation: KPMG Bedrijfsrevisoren CVBA (statutory auditor)
Appointment: Ernst & Young Bedrjfsrevisoren BCVBA (statutory auditor) · Permanent representative: Danny Wuyts4 facts ▸
  • General meeting, 08-09-2016
  • Director resignation, KPMG Bedrijfsrevisoren CVBA (statutory auditor)
  • Auditor appointment, Ernst & Young Bedrjfsrevisoren BCVBA (statutory auditor)
  • Permanent representative, Danny Wuyts
07-11
State Gazette act Capital & shares
Capital increase · Share issue · Bank account7 facts ▸
  • General meeting, 04-10-2016
  • Capital increase, €20.176.739,92
  • Share issue, 475418, 42.44
  • Bank account, BNP PARIBAS FORTIS Bank
  • Capital, €20.800.000,43
  • Statutes amendment
  • Power of attorney, Colruyt Group Services NV
27-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema
06-04
State Gazette act Resignation: Jean de Leu (director)
Appointment: Kris Castelein (director) · Mandate compensation4 facts ▸
  • General meeting, 14-03-2016
  • Director resignation, Jean de Leu (director)
  • Director appointment, Kris Castelein (director)
  • Mandate compensation, Kris Castelein
2014
20-06
State Gazette act Purpose
Name change · Purpose change · Power of attorney4 facts ▸
  • General meeting, 26/05/2014
  • Name change, FLEETCO
  • Purpose change, De vennootschap heeft tot doel, voor eigen rekening als voor rekening van derden, zowel in België als in het buitenland: •Aankoop, huur op korte en lange termij…
  • Power of attorney, Raad van Bestuur
2013
23-12
State Gazette act Reappointment: CVBA KPMG Bedrijfsrevisoren (statutory auditor)
Permanent representatives: Jo Vanderbruggen and Ludo Ruysen4 facts ▸
  • General meeting, 12-09-2013
  • Auditor reappointment, CVBA KPMG Bedrijfsrevisoren
  • Permanent representative, Jo Vanderbruggen
  • Permanent representative, Ludo Ruysen
27-05
State Gazette act Resignation: Wim Biesemans (director)
Appointment: Marc Hofman (director) · Mandate compensation4 facts ▸
  • General meeting, 30-04-2013
  • Director resignation, Wim Biesemans (director)
  • Director appointment, Marc Hofman (director)
  • Mandate compensation, Marc Hofman
2012
20-01
State Gazette act Restructuring
Demerger · Share issue · Accounting effect10 facts ▸
  • General meeting, 29-12-2011
  • Demerger, financieel vast actief (vordering)
  • Share issue, 8842, ruil voor over te dragen vermogensbestanddelen
  • Accounting effect, 01-10-2011
  • Capital decrease, €-500.000
  • Capital increase, €402.327,09
  • Capital, €623.260,51
  • Statutes amendment
  • Statutes amendment
  • Asset transfer, uitgiftepremie
2011
23-11
State Gazette act Restructuring
Demerger1 fact ▸
  • Demerger, partielle splitsing
13-10
State Gazette act Reappointments: Jef Colruyt, Frans Colruyt and 2 others
Mandate compensation7 facts ▸
  • General meeting, 08-09-2011
  • Director reappointment, Jef Colruyt (director)
  • Director reappointment, Frans Colruyt (director)
  • Director reappointment, Wim Biesemans (director)
  • Mandate compensation, Wim Biesemans
  • Director reappointment, Jean de Leu de Cecil (director)
  • Mandate compensation, Jean de Leu de Cecil
23-05
State Gazette act Capital & shares · Statutes amendment · Restructuring
Demerger · Capital decrease · Capital7 facts ▸
  • General meeting, 30-11-2010
  • General meeting, 23-12-2010
  • Demerger, 30-11-2010
  • Capital decrease, €1.066.300
  • Capital decrease, €30.000.000
  • Capital, €720.933,42
  • Statutes amendment
20-01
State Gazette act Capital & shares
Capital decrease · Capital · Statutes amendment5 facts ▸
  • General meeting, 23-12-2010
  • Capital decrease, €30.000.000
  • Capital, €694.991,85
  • Statutes amendment
  • Power of attorney, raad van bestuur
2010
21-12
State Gazette act Statutes amendment · Restructuring
Demerger · Share issue · Accounting effect12 facts ▸
  • General meeting, 30-11-2010
  • Demerger, partial split, 01-12-2010
  • Share issue, Nieuwe aandelen uitgegeven ter vergoeding van de inbreng in natura, 154462
  • Share issue, 154461
  • Share issue, 1
  • Accounting effect, 01-12-2010
  • Capital decrease, €1.092.241,57
  • Capital, €30.694.991,85
  • Power of attorney, Sonia Oyserman
  • Power of attorney, Bart Vander Elst
  • Power of attorney, Bart Vander Elst
  • Demerger assets, Zakelijke rechten en externe en interne leasingrechten met betrekking tot de onroerende goederen; bestaande (interne en externe) huurrechten blijven in de zesde…
13-10
State Gazette act Reappointment: CVBA KPMG Bedrijfsrevisoren (statutory auditor)
2 facts ▸
  • General meeting, 09-09-2010
  • Auditor reappointment, CVBA KPMG Bedrijfsrevisoren
11-10
State Gazette act Restructuring · Miscellaneous
Demerger1 fact ▸
  • Demerger
2005
06-10
State Gazette act Resignation: René De Wit (managing director)
2 facts ▸
  • Board meeting, 24-06-2005
  • Director resignation, René De Wit (managing director)
2004
04-10
State Gazette act Reappointment: C BVA Klynveld Peat Marwick Goerdeler, Bedrijfsrevisoren (statutory auditor)
2 facts ▸
  • General meeting, 09-09-2004
  • Auditor reappointment, C BVA Klynveld Peat Marwick Goerdeler, Bedrijfsrevisoren
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
23 of 23 acts read

Directors · office · real estate

Directors
5 directors, no change since 2022

Board 5

Jef Colruyt
Director · since 08-09-2011
Current
Kris Castelein
Director · since 01-04-2016
Current
Stefaan Vandamme
Director · since 01-02-2019
Current
Jo WILLEMYNS
Director · since 01-04-2022
Current
Stefan Goethaert
Director · since 01-04-2022
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Marc Hofman
Director
Not recently confirmed

Statutory auditor 1

Emst & Young Bedrijfsrevisorer
Auditor · since 13-05-2024
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Halle · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
3.1 ha
Building footprint
9,052 m²
Volume, LiDAR
146,100 m³
Parcel 23027F0207/00V000, Flanders · tallest building 27.2 m, ±6 floors. Linked by address, not a title deed.
78 companies at this address See who is registered here
1 establishment unit
Fleetco
Edingensesteenweg 196, 1500 HalleRenting and leasing of cars and light motor vehicles
since 20062.152.874.319
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23027F0207/00V000 Flanders 3.1 ha 1 · 9,052 m² 27.2 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

15 people since 2004, 7 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Jef Colruyt
  • Director, already before 08-09-2011 to date
Kris Castelein
  • Director, from 01-04-2016 to date
Stefaan Vandamme
  • Director, from 01-02-2019 to date
Jo WILLEMYNS
  • Director, from 01-04-2022 to date
Stefan Goethaert
  • Director, from 01-04-2022 to date
Emst & Young Bedrijfsrevisorer
  • Auditor, from 13-05-2024 to date
Marc Hofman
  • Director, from 01-05-2013 to 11-07-2022
  • Director, already before 14-09-2017 not ended, last confirmed 22-11-2017
Ernst & Young Bedrijfsrevisoren
  • Statutory auditor, from 08-09-2016 to 13-05-2024
Frans Coiruyt
  • Director, until 12-09-2019
Frans Colruyt
  • Director, already before 08-09-2011 to 01-02-2019
C BVA Klynveld Peat Marwick Goerdeler, Bedrijfsrevisoren
  • Auditor, from 09-09-2004 to 08-09-2016
KPMG Bedrijfsrevisoren CVBA
  • Auditor, from 01-01-2010 to 08-09-2016
Jean de Leu de Cecil
  • Director, already before 08-09-2011 to 01-04-2016
Wim Biesemans
  • Director, already before 08-09-2011 to 01-05-2013
René De Wit
  • Managing director, until 28-06-2005
See the board, name and seat on a given date →

Articles of association

Purpose
Aankoop, huur op korte en lange termijn, leasing of verwerven van zakelijke of persoonlijke gebruiksrechten van personenwagens om deze ter beschikking te stellen aan derden onder…
Full purpose

Aankoop, huur op korte en lange termijn, leasing of verwerven van zakelijke of persoonlijke gebruiksrechten van personenwagens om deze ter beschikking te stellen aan derden onder welke juridische kwalificatie dan ook; Aankoop, huur en verhuur op korte en lange termijn, leasing, huurkoop, financiële leasing, financiële huur en renting, operationele leasing, financieringshuur, sale-and-lease-back en financiering van restwaarden aan het einde van een overeenkomst in het algemeen en dit met betrekking tot personenauto's; bestelwagens, trekkers, opleggers, vrachtvoertuigen, vervoermiddelen en rollend materieel in het algemeen; alle roerende goederen waarvoor een centraal beheer en ter beschikking stelling nuttig of dienstig kan zijn voor de Colruyt groep of ten aanzien van derde gebruikers; Het beheer van wagenparken, inclusief het aanbieden van reservevoertuigen, het uitvoeren van onderhoud en herstellingen en het uitbaten van garageactiviteiten in eigen naam en voor eigen rekening of in onderaanneming; Het verstrekken van alle advies, het bemiddelen en verlenen van alle bijstand aan particulieren en rechtspersonen in alle verrichtingen die verband houden met de activiteiten in de vorige alinea's uiteenzet, dit alles in binnen- en buitenland als hoofdhandelaar, bemiddelaar, makelaar en commissionair, als hoofdaannemer dan wel als onderaannemer voor eigen rekening zowel als voor rekening van derden. Alle industriële, commerciële, financiële, roerende of onroerende activiteiten die rechtstreeks of onrechtstreeks verband houden met haar maatschappelijk doel of gelijkaardige of verwante doelstellingen nastreven; Daartoe kan de vennootschap samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak. De vennootschap kan eveneens optreden als bestuurders, volmachtdrager, mandataris of vereffenaar in andere vennootschappen of ondernemingen. De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten die rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.

Structure & network

Part of the group KORYS 159 companies Group, risk and exposure

Owners and holdings

1 owner · 1 holding

Chain of control

  1. KORYS 64.44%
  2. Colruyt Group 100%
  3. FLEETCO

Highest known parent: KORYS. The sources do not say who stands above it.

Owners 1

Holdings 1

  • Colruyt IT Consultancy India Private LimitedIN
    Equity INR 1.44bnResult INR 283.6m
    0.01%

According to the annual accounts to 31-03-2025 of FLEETCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

79 connected companies
Linked via shared directors
Show 75 more companies with a shared director
BIO-PLANET
via Jef Colruyt, Kris Castelein and 2 others · Director
→
BUURTWINKELS OKAY
via Jef Colruyt, Kris Castelein and 2 others · Director
→
→
CODEVCO X
via Jef Colruyt, Kris Castelein and 2 others · Director
→
COLIM
via Jef Colruyt, Kris Castelein and 2 others · Director
→
→
DAVYTRANS
via Jef Colruyt, Kris Castelein and 2 others · Director
→
→
DO Invest
via Jef Colruyt, Kris Castelein and 2 others · Director
→
DREAMLAND
via Stefaan Vandamme, Jef Colruyt and 2 others · Director
→
→
→
→
→
Kriya One
via Jef Colruyt · Permanent representative
→
NEWPHARMA GROUP
via Jef Colruyt, Kris Castelein and 2 others · Director
→
→
→
SOLUCIOUS
via Kris Castelein, Stefan Goethaert and 2 others · Director
→
Stefan Goethaert
via Stefan Goethaert · Permanent representative
→
Vlevico
via Jef Colruyt, Kris Castelein and 2 others · Director
→
WITEB 15
via Kris Castelein · Non-statutory director
→
WITEB 16
via Kris Castelein · Non-statutory director
→
WITEB 17
via Kris Castelein · Non-statutory director
→
→
former→
CGMI
via Jef Colruyt, Kris Castelein and 2 others · Director
former→
former→
former→
former→
former→
former→
former→
former→
former→
KORYS
via Jef Colruyt · Director
former→
former→
former→
VALFRAIS
via Stefaan Vandamme · Director
former→
former→
VISIEBLE
via Stefaan Vandamme · Director
former→
YZOLAM
via Stefaan Vandamme · Director
former→
Z+H2B
via Jef Colruyt, Kris Castelein and 2 others · Director
former→
BELWIND
Shared director
→
→
Cableco
Shared director
→
DEME BLUE ENERGY
Shared director
→
Northwind
Shared director
→
POWER@SEA
Shared director
→

Acquisitions and mergers

2 transactions
Split off to:FINCO
partial demerger · State Gazette act of 20-01-2012 (2 acts)
Split off to:COLIM
BE 0400.374.725partial demerger · State Gazette act of 23-05-2011 (3 acts) · effective 30-11-2010

Capital and shareholders

Shareholders according to the acts
After the capital increase act of 07-11-2016 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 06-11-2023 Capital stated in the act · 20,800,000.43 EUR · 734,643 shares
  2. 07-11-2016 Capital increase of 20,176,739.92 EUR · to 20,800,000.43 EUR · 475,418 new shares
  3. 20-01-2012 Capital reduction of 500,000 EUR · to 220,933.42 EUR · in a demerger
  4. 20-01-2012 Capital increase of 402,327.09 EUR · to 623,260.51 EUR
  5. 23-05-2011 Capital reduction of 1,066,300 EUR · to 30,720,933.42 EUR · in a demerger
  6. 23-05-2011 Capital reduction of 30,000,000 EUR · to 720,933.42 EUR · reële kapitaalvermindering
  7. 20-01-2011 Capital reduction of 30,000,000 EUR · to 694,991.85 EUR · repaid to the shareholders
  8. 21-12-2010 Capital reduction of 1,092,241.57 EUR · to 30,694,991.85 EUR

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 4,375 EUR awarded · 4,375 EUR paid
Year Entries awardedpaid
2024 1 4,375 EUR4,375 EUR
Schemes
1 entry · 4,375 EUR · 4,375 EUR paid · Agentschap Wegen en Verkeer

Similar companies · same sector, comparable size

Of 1,446 companies in sector 77110 we hold annual accounts for 727. 45 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded25-10-1982
Fiscal year end31-03
Activities, NACEBEL 2025
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0423051939
Also 9925:BE0423051939
Registered 09-10-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.