VERVOERONDERNEMING VULSTEKE
ActiveSummary
VERVOERONDERNEMING VULSTEKE has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.3m and a net result of €415,953. Equity has been growing by about 8.5% per year since 2018. Its solvency ranks better than 78% of 2,396 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 12-11-1976 Normal situation
- Activity
- Freight transport by road NACE 49410and 1 other
- Joint committee
- 140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2025
- Establishment unit
- 2.012.861.252 8610 Kortemark, since 25-02-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2024
Board and ownership
- Laurens VulstekeDirector
- Martin VulstekeDirector
- Holdings
- Shares in 1 company VULSTEKE RECYCLING
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €3.2m
- ▲ 13.3%
- Turnover
- ≈ €6.0m
- estimated
- Profit
- €415,953
- ▲ 13.7%
- Equity
- €4.3m
- ▲ 10.7%
- Total assets
- €6.6m
- ▼ 2.7%
- Employees on 31-12-2025
- 33
- ▼ 2.9%
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1976Liquidity: current ratio 2.78, cash €976,632Size: 32.9 FTE, total assets €6.6mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, small). It does better than 81% of them on solvency, 76% on liquidity, 67% on profitability and 63% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Capital decrease of €720,000 to €18,592.01Change of role: Martin Vulsteke, from manager to niet statutair bestuurder · Appointments: Laurens Vulsteke (director) and Frederik Vulsteke (director)
Comparable companies
These companies have the same main activity as VERVOERONDERNEMING VULSTEKE: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €5.3m and €6.4m, founded between 1968 and 1986.
| Company | Total assets | Gross margin |
|---|---|---|
| VERVOERONDERNEMING VULSTEKE Staden | €6.6m | €3.2m |
| Transport Spriet Pittem | €6.0m | €3.4m |
| Transport Wuyts Westerlo | €6.1m | €3.9m |
| A. DIEPENDAELE T.M.D. Herzele | €5.3m | €2.8m |
| TRANSPORT MALFROIDT - DIEPENDAELE Herzele | €5.4m | €2.9m |
| VERVOER DE SMET Willebroek | €6.4m | €3.6m |
| Transport Van Steen Stekene | €5.3m | €3.6m |
Key facts about VERVOERONDERNEMING VULSTEKE
- What is the company number of VERVOERONDERNEMING VULSTEKE?
- The company number of VERVOERONDERNEMING VULSTEKE is 0416.548.286. The VAT number is the same number with BE in front: BE 0416.548.286.
- Where is VERVOERONDERNEMING VULSTEKE based?
- The registered office is at Sint Jansstraat(STA) 124, 8840 Staden.Company details
- What does VERVOERONDERNEMING VULSTEKE do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of VERVOERONDERNEMING VULSTEKE?
- The legal form of VERVOERONDERNEMING VULSTEKE is Private limited company (BV).
- When was VERVOERONDERNEMING VULSTEKE founded?
- VERVOERONDERNEMING VULSTEKE was founded on 12-11-1976.
- Is VERVOERONDERNEMING VULSTEKE still active?
- Yes, VERVOERONDERNEMING VULSTEKE is an active enterprise in the KBO register.
- How many employees does VERVOERONDERNEMING VULSTEKE have?
- VERVOERONDERNEMING VULSTEKE had an average of 32.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does VERVOERONDERNEMING VULSTEKE fall under?
- In its 2025 annual accounts, VERVOERONDERNEMING VULSTEKE states joint committee 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
- What is the turnover of VERVOERONDERNEMING VULSTEKE?
- The turnover in financial year 2025 is ≈ €6.0m. This figure is estimated from the gross margin of €3.2m and 31 comparable companies (NACE 49410). It probably lies between €5.2m and €7.0m.
- Is VERVOERONDERNEMING VULSTEKE profitable?
- In financial year 2025, VERVOERONDERNEMING VULSTEKE made a profit of €415,953.
- Where can I find the annual accounts of VERVOERONDERNEMING VULSTEKE?
- VERVOERONDERNEMING VULSTEKE filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERVOERONDERNEMING VULSTEKE due?
- VERVOERONDERNEMING VULSTEKE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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