VAN GORP FRANS (0474.377.213): financials and annual accounts

VAN GORP FRANS

Lille ·KBO/BCE: BE 0474.377.213

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	2.1m	2.6m	1.8m	2.7m	2.0m	1.6m	1.6m	1.3m	1.0m	903,528	604,424	677,460	709,756	1.1m	979,504	844,502	925,500	862,171	1.1m
Fixed assets`21/28`	863,718	895,769	892,210	890,346	725,584	771,988	481,408	388,400	310,860	200,405	178,243	284,783	272,124	301,866	265,899	207,459	182,283	293,620	356,889
Intangible fixed assets`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,250	3,750	6,250	8,750	11,250
Tangible fixed assets`22/27`	862,498	894,549	890,990	889,126	724,364	770,768	480,188	387,180	309,640	199,185	177,023	283,563	270,904	300,646	263,429	202,489	176,033	284,245	344,752
Land and buildings`22`	267,000	267,000	267,000	267,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	129,900	209,759	257,897	350,644	354,124	412,524	83,902	40,316	26,053	21,080	31,671	33,828	18,492	22,276	22,813	42,663	52,162	61,785	45,590
Furniture and vehicles`24`	91,858	51,202	80,871	136,137	191,453	236,594	266,912	205,564	282,587	175,044	140,230	244,459	244,981	276,589	238,242	159,827	123,871	222,460	299,162
Leasing and similar rights`25`	369,763	360,004	279,359	123,288	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other tangible fixed assets`26`	3,977	6,583	5,862	12,057	18,252	12,551	16,734	500	1,000	3,061	5,122	5,276	7,430	1,781	2,374	-	-	-	-
Financial fixed assets`28`	1,220	1,220	1,220	1,220	1,220	1,220	1,220	1,220	1,220	1,220	1,220	1,220	1,220	1,220	1,220	1,220	-	625	887
Current assets`29/58`	1.2m	1.7m	932,677	1.9m	1.3m	812,952	1.1m	912,842	702,738	703,122	426,181	392,677	437,632	830,211	713,605	637,043	743,218	568,551	713,623
Stocks and contracts in progress`3`	216,839	664,880	350,682	1.2m	760,672	341,688	531,231	238,610	373,468	443,186	139,291	92,625	137,690	349,032	280,546	263,184	313,376	254,447	136,300
Stocks`30/36`	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000
Contracts in progress`37`	204,839	652,880	338,682	1.2m	748,672	329,688	519,231	226,610	361,468	431,186	127,291	80,625	125,690	337,032	268,546	251,184	301,376	242,447	124,300
Amounts receivable within one year`40/41`	858,960	961,584	362,525	551,660	404,512	418,822	570,235	440,803	228,310	257,600	274,213	191,310	153,103	474,756	431,575	337,952	409,052	230,932	564,431
Trade receivables`40`	747,663	802,024	249,659	478,036	333,469	322,585	459,700	300,482	119,849	152,849	204,638	175,697	129,805	446,053	431,575	337,952	393,027	165,398	562,997
Other amounts receivable`41`	111,297	159,560	112,866	73,624	71,044	96,237	110,535	140,322	108,461	104,751	69,575	15,613	23,298	28,703	-	-	16,025	65,534	1,434
Current investments`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	75,000	-
Cash at bank and in hand`54/58`	89,931	57,262	199,441	63,505	134,828	24,353	1,805	233,429	100,960	2,336	12,677	108,741	146,839	6,423	1,483	35,907	15,080	2,454	6,000
Deferred charges and accrued income`490/1`	25,651	23,842	20,029	22,847	17,863	28,089	27,412	-	-	-	-	-	-	-	-	-	5,710	5,718	6,892
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	2.1m	2.6m	1.8m	2.7m	2.0m	1.6m	1.6m	1.3m	1.0m	903,528	604,424	677,460	709,756	1.1m	979,504	844,502	925,500	862,171	1.1m
Equity`10/15`	359,988	320,578	461,786	512,943	481,302	478,213	376,616	340,981	304,582	280,799	241,880	230,202	269,918	290,842	262,481	232,826	229,827	188,385	191,552
Contributions`10/11`	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000
Issued capital`100`	-	-	-	-	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000
Reserves`13`	301,988	262,578	403,786	454,943	423,302	420,213	318,616	282,981	246,582	222,799	183,880	172,202	211,918	232,842	204,481	174,826	171,827	130,385	133,552
Non-distributable reserves`130/1`	5,800	5,800	5,800	5,800	5,800	5,800	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	5,800	5,800	5,800	5,800	5,800	5,800	5,800	5,800	5,800	5,800	5,800	5,800	5,800	5,800	5,800
Reserves not available under the articles`1311`	5,800	5,800	5,800	5,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500	37,500
Distributable reserves`133`	258,688	219,278	360,486	411,643	380,002	376,913	275,316	239,681	203,282	179,499	140,580	128,902	168,618	189,542	161,181	131,526	128,527	87,085	90,252
Amounts payable`17/49`	1.7m	2.3m	1.4m	2.2m	1.6m	1.1m	1.2m	960,262	709,015	622,729	362,544	447,258	439,838	841,234	717,023	611,676	695,673	673,786	878,960
Amounts payable after more than one year`17`	344,738	381,060	403,040	401,559	313,594	405,882	253,799	271,550	228,943	117,795	88,884	151,788	110,991	175,244	133,288	98,464	56,649	121,501	155,615
Financial debts`170/4`	344,738	381,060	403,040	401,559	313,594	405,882	253,799	271,550	228,943	117,795	88,884	151,788	110,991	175,244	133,288	98,464	56,649	121,501	155,615
Amounts payable within one year`42/48`	1.4m	1.9m	960,060	1.8m	1.2m	700,844	981,677	688,711	480,072	504,935	273,660	295,470	328,848	665,990	583,735	513,211	639,024	552,285	723,345
Current portion of amounts payable after more than one year`42`	113,294	159,841	163,018	142,977	149,747	215,364	158,238	133,393	86,602	61,494	62,904	78,340	64,253	61,599	52,460	64,459	64,852	63,866	56,730
Financial debts`43`	450,000	575,000	300,000	350,000	400,000	-	1,875	-	102,705	47,898	75,000	78,000	36	101,419	95,391	101,768	254,176	73,855	24,920
Credit institutions`430/8`	450,000	575,000	300,000	350,000	400,000	-	1,875	-	102,705	47,898	75,000	78,000	36	101,419	95,391	101,768	254,176	73,855	24,920
Trade debts`44`	691,353	1.1m	392,882	1.2m	602,194	356,613	614,864	366,778	261,968	374,525	122,619	120,654	170,048	374,245	286,769	213,140	175,213	279,841	460,949
Suppliers`440/4`	691,353	1.1m	392,882	1.2m	602,194	356,613	614,864	366,778	261,968	374,525	122,619	120,654	170,048	374,245	286,769	213,140	175,213	279,841	460,949
Taxes, remuneration and social security`45`	41,725	28,054	50,161	66,458	42,622	65,321	65,698	78,540	28,796	21,016	13,031	10,194	11,611	18,245	36,169	15,862	21,179	10,938	58,600
Taxes`450/3`	18,366	1,702	25,603	25,601	25,429	44,018	49,496	61,312	10,703	6,006	904	908	700	9,735	24,497	3,584	8,752	750	48,613
Remuneration and social security`454/9`	23,359	26,351	24,558	40,857	17,193	21,303	16,203	17,228	18,093	15,010	12,126	9,286	10,911	8,510	11,672	12,279	12,428	10,188	9,987
Other amounts payable`47/48`	54,000	54,000	54,000	54,000	54,000	63,545	141,000	110,000	-	-	106	8,282	82,899	110,483	112,946	117,981	123,604	123,785	122,146
Income statement
Non-recurring operating income`76A`	30,403	19,502	11,940	30,175	64,999	9,698	39,000	21,072	12,370	74,487	8,690	2,196	6,965	10,749	43,955	5,964	12,661	7,051	16,165
Gross operating margin`9900`	881,406	634,144	643,021	923,583	558,647	757,188	783,107	794,524	574,782	464,377	450,387	440,738	390,264	462,113	409,299	478,277	476,762	418,473	474,555
Remuneration, social security and pensions`62`	606,338	523,689	448,454	643,504	352,236	441,808	378,802	421,999	375,381	348,720	305,100	300,414	270,570	280,340	279,058	296,131	265,927	256,985	235,559
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	184,742	181,582	205,299	216,823	176,399	152,269	145,931	177,956	133,185	122,971	119,483	151,919	120,540	126,763	105,732	148,477	132,185	135,929	158,669
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	35,969	5,000	-	-	-	920	-	-	-	-	-
Other operating charges`640/8`	1,598	6,403	109	3,123	1,009	968	10,392	1,058	348	4,561	943	14,445	971	1,030	997	5,289	11,768	4,208	5,051
Non-recurring operating charges`66A`	6,913	5,263	7,604	1,530	1,411	17,145	6,712	1,257	853	2,257	7,147	1,155	1,401	750	844	590	2,573	150	50
Operating profit (loss)`9901`	81,816	-82,792	-18,446	58,602	27,592	144,999	241,270	193,511	29,898	-16,875	24,862	-26,040	-1,816	53,061	23,512	28,380	66,882	21,351	75,276
Financial income`75/76B`	6,287	5,125	5,348	2,440	1,554	2,736	14,078	30,035	20,135	3,698	1,338	-	333	20	182	247	1,556	699	149
Recurring financial income`75`	6,287	5,125	5,348	2,440	1,554	2,736	5,859	8,963	7,765	3,698	1,338	-	333	20	182	247	1,556	699	149
Non-recurring financial income`76B`	-	-	-	-	-	-	8,219	21,072	12,370	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	47,928	50,337	37,456	28,801	24,772	21,120	15,930	16,537	18,044	14,829	15,857	14,341	25,002	25,659	32,905	31,002	30,201	32,118	31,206
Recurring financial charges`65`	47,928	50,337	37,456	28,801	24,772	21,120	15,930	15,280	17,191	14,829	15,857	14,341	25,002	25,659	32,905	31,002	30,201	32,118	31,206
Non-recurring financial charges`66B`	-	-	-	-	-	-	-	1,257	853	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	40,175	-128,004	-50,554	32,242	4,374	126,615	239,418	207,009	31,989	44,225	11,886	-39,340	-20,921	37,421	33,901	2,999	48,325	-3,167	60,334
Income taxes`67/77`	764	13,204	603	601	1,285	19,018	62,783	60,611	8,205	5,306	208	376	3	9,060	4,245	-	6,884	-	13,602
Profit (loss) for the period`9904`	39,410	-141,208	-51,157	31,640	3,090	107,597	176,635	146,398	23,784	38,919	11,678	-39,716	-20,924	28,361	29,655	2,999	41,442	-3,167	46,732
Profit (loss) for the period to be appropriated`9905`	39,410	-141,208	-51,157	31,640	3,090	107,597	176,635	146,398	23,784	38,919	11,678	-39,716	-20,924	28,361	29,655	2,999	41,442	-3,167	46,732
Appropriation of the result
Profit (loss) to be appropriated`9906`	39,410	-141,208	-51,157	31,640	3,090	107,597	176,635	146,398	23,784	38,919	11,678	-39,716	-20,924	28,361	29,655	2,999	41,442	-3,167	46,732
Transfer from equity`791/2`	-	141,208	51,157	-	-	-	-	-	-	-	-	39,716	20,924	-	-	-	-	3,167	-
Transfer to equity`691/2`	39,410	-	-	31,640	3,090	101,597	35,635	36,398	23,784	38,919	11,678	-	-	28,361	29,655	2,999	41,442	-	38,732
To other reserves`6921`	39,410	-	-	31,640	3,090	101,597	35,635	36,398	23,784	38,919	11,678	-	-	28,361	29,655	2,999	41,442	-	38,732
Profit to be distributed`694/7`	-	-	-	-	-	6,000	141,000	110,000	-	-	-	-	-	-	-	-	-	-	8,000
Return on contributions (dividend)`694`	-	-	-	-	-	-	135,000	110,000	-	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	6,000	6,000	-	-	-	-	-	-	-	-	-	-	-	8,000
Social balance sheet
Average staff (FTE)`9087`	9.7	9.1	7.8	9	7.4	8	7.2	7.6	7.1	6.6	6.3	5.8	6.3	6.6	6.5	7	6.3	6.1	5.9
Hours worked`1013`	16,521	13,568	13,992	16,156	10,762	15,416	13,432	14,581	13,625	12,337	11,196	10,844	9,827	10,648	10,840	11,992	10,520	10,976	10,776
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
30-06-2025	abbreviated format	11-01-2026	2026-00006141	PDF
30-06-2024	abbreviated format	31-01-2025	2025-00024632	PDF
30-06-2023	abbreviated format	31-01-2024	2024-00024114	PDF
30-06-2022	abbreviated format	31-01-2023	2023-00019578	PDF
30-06-2021	abbreviated format	31-01-2022	2022-04100175	PDF
30-06-2020	abbreviated format	22-02-2021	2021-05900392	PDF
30-06-2019	abbreviated format	31-01-2020	2020-04000387	PDF
30-06-2018	abbreviated format	31-01-2019	2019-04000002	PDF
30-06-2017	abbreviated format	22-02-2018	2018-05300334	PDF
30-06-2016	abbreviated format	27-02-2017	2017-05200197	PDF
30-06-2015	abbreviated format	25-02-2016	2016-05100147	PDF
30-06-2014	abbreviated format	24-02-2015	2015-04800506	PDF
30-06-2013	abbreviated format	24-02-2014	2014-04800329	PDF
30-06-2012	abbreviated format	25-02-2013	2013-04700439	PDF
30-06-2011	abbreviated format	17-02-2012	2012-04000261	PDF
30-06-2010	abbreviated format	15-02-2011	2011-03700530	PDF
30-06-2009	abbreviated format	28-12-2009	2009-90900320	PDF
30-06-2008	abbreviated format	06-02-2009	2009-03800121	PDF
30-06-2007	abbreviated format	30-01-2008	2008-03200230	PDF
30-06-2006	abbreviated format	24-01-2007	2007-02501249	PDF
30-06-2005	abbreviated format	30-01-2006	2006-03402815	PDF
30-06-2004	abbreviated format	21-01-2005	2005-02404699	PDF
30-06-2003	abbreviated format	28-01-2004	2004-02802558	PDF
30-06-2002	abbreviated format	04-02-2003	2003-03500917	PDF

Year	Entries	Awarded	Paid
2025	1	€75	€783
2024	1	€1,986	€1,668
2023	1	€236	€1,074
2022	1	€3,175	€2,336

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	266,558	98,789	186,853	275,426	203,991	297,268	387,201	371,467	163,084	106,095	144,345	125,879	118,724	179,824	129,244	176,857	199,067	157,280	233,945
Cash flow	224,152	40,374	154,143	248,464	179,489	259,866	322,566	324,354	156,969	161,889	131,161	112,203	99,615	155,124	135,387	151,476	173,627	132,762	205,401
Investment in fixed assets	152,691	185,140	207,163	381,585	220,108	442,848	199,939	255,496	243,640	145,133	12,943	164,579	90,797	162,730	164,172	180,845	21,473	72,922	79,063
Change in cash	32,669	-142,179	135,936	-71,324	110,476	22,548	-231,624	132,469	98,623	-10,341	-96,064	-38,098	140,416	4,940	-34,424	20,827	12,626	-3,546	-
Working capital	-158,991	-194,130	-27,384	24,156	69,312	112,108	149,007	224,131	222,666	198,188	152,520	97,207	108,785	164,220	129,870	123,831	104,194	16,266	-9,722
Solvency	17.5%	12.3%	25.3%	18.7%	23.6%	30.2%	23.4%	26.2%	30.0%	31.1%	40.0%	34.0%	38.0%	25.7%	26.8%	27.6%	24.8%	21.9%	17.9%
Current ratio	0.88	0.90	0.97	1.01	1.06	1.16	1.15	1.33	1.46	1.39	1.56	1.33	1.33	1.25	1.22	1.24	1.16	1.03	0.99
Quick ratio	0.72	0.55	0.61	0.35	0.45	0.67	0.61	0.98	0.69	0.51	1.05	1.02	0.91	0.72	0.74	0.73	0.67	0.57	0.80
Debt to equity	4.71	7.12	2.95	4.35	3.25	2.31	3.28	2.82	2.33	2.22	1.50	1.94	1.63	2.89	2.73	2.63	3.03	3.58	4.59
ROE	10.9%	-44.0%	-11.1%	6.2%	0.6%	22.5%	46.9%	42.9%	7.8%	13.9%	4.8%	-17.3%	-7.8%	9.8%	11.3%	1.3%	18.0%	-1.7%	24.4%
ROA	1.9%	-5.4%	-2.8%	1.2%	0.2%	6.8%	11.0%	11.3%	2.3%	4.3%	1.9%	-5.9%	-2.9%	2.5%	3.0%	0.4%	4.5%	-0.4%	4.4%
Interest coverage	5.56	1.96	4.99	9.56	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Employees at the balance-sheet date	8	11	9	9
full-time	6	8	6	6
part-time	2	3	3	3
in full-time equivalents	7.3	9.6	7.8	7.8
Average over the year, in full-time equivalents	9.7	9.1	7.8	9
On a permanent contract	8	11	9	9
Joined	41	17	3	6
Left	44	15	3	6

VAN GORP FRANS

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency17.5%

Current ratio0.88

Return on assets1.9%

Staff

Staff cost per FTE€62,509

Joined and left-3

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €5,472 awarded, €5,861 paid

Key figures and ratios

Social balance sheet

Investments

Insights on VAN GORP FRANS

Next steps

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€152,691	€185,140	€207,163	€381,585
Depreciation and write-downs of the year	€184,742	€181,582	€205,299	€216,823