ACTIVE

DSV Road

Financial year 2025 · closed on 31/12/2025
Net result
946,8 k €
-76.9% YoY
Revenue
216 M €
+53.7% YoY
Equity
98,7 M €
+68.2% YoY
Workforce
562,7 ETP
+121.6% YoY

What does DSV Road do?

DSV Road is a Public limited company incorporated in 1933. Its main activity is: Support activities for transportation. Its registered office is in Puurs-Sint-Amands. It employs on average 562,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.507.618
Incorporation
06/12/1933
Legal form
Public limited company
Registered office
Schoonmansveld 40
2870 Puurs-Sint-Amands · FlandreSee on map
Contributed capital
70 709 620,82 €
Latest accounts
31/12/2025
Average workforce
562,7 ETP
Joint committees (2)
  • 140
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue216 M €140,5 M €133,5 M €142,2 M €128,1 M €117 M €131,9 M €128,7 M €124,3 M €116 M €111,8 M €113,1 M €115,4 M €110,3 M €114,1 M €103,8 M €96,1 M €127,3 M €126,1 M €
EBITDA-136,8 k €4,1 M €1,2 M €5,3 M €4,3 M €2,7 M €3,8 M €2,9 M €1,5 M €1,7 M €1,9 M €79,5 k €3,8 M €4,5 M €5,5 M €3,9 M €447,5 k €6,4 M €7,5 M €
Operating result-716,1 k €3,7 M €1,1 M €5,3 M €4,1 M €2,4 M €3,6 M €2,7 M €1,2 M €1,4 M €1,6 M €-252,4 k €3,4 M €4,1 M €4,9 M €3 M €-556,3 k €5,1 M €6,4 M €
Net result946,8 k €4,1 M €1,9 M €3,9 M €2,9 M €1,6 M €2,4 M €1,8 M €780,9 k €1,1 M €1,6 M €-394,4 k €2,7 M €3,6 M €4,5 M €3,4 M €494,9 k €7,8 M €5,9 M €
Balance sheet
Equity98,7 M €58,7 M €58,6 M €58,7 M €58,8 M €58,9 M €58,9 M €58,3 M €61,5 M €60,7 M €59,6 M €58 M €64,4 M €61,6 M €58 M €60 M €56,6 M €56,1 M €48,3 M €
Total assets156,2 M €86,1 M €83,7 M €85,6 M €83,8 M €81,8 M €81,3 M €85,6 M €85,5 M €81,1 M €79 M €79,7 M €86,4 M €82,8 M €87,3 M €80,7 M €74,9 M €79,2 M €77,6 M €
Cash104,1 M €66,8 M €60,5 M €62,1 M €62,3 M €60,9 M €59 M €59,7 M €59,5 M €57,6 M €58 M €56,5 M €62,7 M €60,7 M €62,8 M €54,3 M €50,9 M €46 M €35,4 M €
Debts56,6 M €27,2 M €25 M €26,7 M €24,8 M €22,6 M €22,3 M €26,8 M €23,6 M €19,6 M €18,1 M €19,1 M €21,1 M €19,6 M €27,3 M €19,5 M €16,2 M €20,5 M €27 M €
Other
Workforce562,7 ETP253,9 ETP253,1 ETP266,8 ETP256,4 ETP270,7 ETP287,4 ETP290,1 ETP279,5 ETP264,1 ETP253,0 ETP264,5 ETP266,5 ETP265,7 ETP269,8 ETP275,8 ETP291,8 ETP292,9 ETP298,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 35 ended

Active mandates

Erik Mast

Managing director · since 16 mars 2026 · until 16 mars 2032

Active
Helmut Schweighofer

Chairman of the board of directors · since 10 juin 2025 · until 10 juin 2031

Active
Magnus Malmqvist

Director · since 10 juin 2025 · until 10 juin 2031

Active
Pierre van Diesen

Managing director · since 10 juin 2025 · until 16 mars 2026

Active
Pierre Van Diesen

Director · since 10 juin 2025 · until 10 juin 2031

Active
Brian Ejsing

Vice-chairman of the board of directors · since 11 juin 2024 · until 11 juin 2030

Active
Kasper Holmstrup

Director · since 11 juin 2024 · until 02 septembre 2025

Active
Jesper Hansen

Director · since 06 avril 2021 · until 10 juin 2025

Active
Soren Schmidt

Chairman of the board of directors · since 06 avril 2021 · until 10 juin 2025

Active
Elisabeth Ceulemans

Managing director · since 01 juillet 2019 · until 10 juin 2025

Active

Ended mandates

Kasper Holmstrup

Director · since 11 juin 2024 · until 11 juin 2030

Ended
Jesper Hansen

Vice-chairman of the board of directors · since 06 avril 2021 · until 06 avril 2027

Ended
Jesper Hansen

Director · since 06 avril 2021 · until 06 avril 2027

Ended
Jesper Hansen

Director · since 06 avril 2021 · until 08 juin 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
0881.630.723
DSV AIR & SEAActive
0480.191.966
0715.806.946
DSV BELGIEActive
0556.995.675
0861.445.419
MCI BROKERSActive
0837.607.569
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/06/202624/06/202510/07/202413/06/202312/04/202326/05/2021
General meeting09/06/202610/06/202511/06/202402/05/202326/04/202227/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/06/202624/06/2026DutchPDF
Full model31/12/202410/06/202524/06/2025DutchPDF
Full model31/12/202311/06/202410/07/2024DutchPDF
Full model31/12/202202/05/202313/06/2023DutchPDF
Full modelCorrection31/12/202126/04/202212/04/2023DutchPDF
Full model31/12/202126/04/202231/05/2022DutchPDF
Full model31/12/202027/04/202126/05/2021DutchPDF
Full model31/12/201922/06/202002/07/2020DutchPDF
Full model31/12/201823/04/201928/05/2019DutchPDF
Full model31/12/201724/04/201806/06/2018DutchPDF
Full model31/12/201625/04/201722/06/2017DutchPDF
Full model31/12/201526/04/201610/05/2016DutchPDF
Full model31/12/201428/04/201526/06/2015DutchPDF
Full model31/12/201322/04/201406/06/2014DutchPDF
Full model31/12/201217/05/201326/06/2013DutchPDF
Full model31/12/201103/04/201215/05/2012DutchPDF
Full model31/12/201005/04/201128/04/2011DutchPDF
Full model31/12/200906/04/201029/04/2010DutchPDF
Full model31/12/200807/04/200905/05/2009DutchPDF
Full model31/12/200701/04/200824/04/2008DutchPDF
Full model31/12/200605/06/200720/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 35 ended

Active mandates

Erik Mast

Managing director · since 16 mars 2026 · until 16 mars 2032

Active
Helmut Schweighofer

Chairman of the board of directors · since 10 juin 2025 · until 10 juin 2031

Active
Magnus Malmqvist

Director · since 10 juin 2025 · until 10 juin 2031

Active
Pierre van Diesen

Managing director · since 10 juin 2025 · until 16 mars 2026

Active
Pierre Van Diesen

Director · since 10 juin 2025 · until 10 juin 2031

Active
Brian Ejsing

Vice-chairman of the board of directors · since 11 juin 2024 · until 11 juin 2030

Active
Kasper Holmstrup

Director · since 11 juin 2024 · until 02 septembre 2025

Active
Jesper Hansen

Director · since 06 avril 2021 · until 10 juin 2025

Active
Soren Schmidt

Chairman of the board of directors · since 06 avril 2021 · until 10 juin 2025

Active
Elisabeth Ceulemans

Managing director · since 01 juillet 2019 · until 10 juin 2025

Active

Ended mandates

Kasper Holmstrup

Director · since 11 juin 2024 · until 11 juin 2030

Ended
Jesper Hansen

Vice-chairman of the board of directors · since 06 avril 2021 · until 06 avril 2027

Ended
Jesper Hansen

Director · since 06 avril 2021 · until 06 avril 2027

Ended
Jesper Hansen

Director · since 06 avril 2021 · until 08 juin 2027

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring02/02/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other19/11/2025
    DIVERSEN
    PDF
  • Restructuring19/11/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates09/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/09/2025
    DIVERSEN
    PDF
  • Other18/09/2025
    DIVERSEN
    PDF
  • Mandates23/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 16/03/2026
    nominationErik Mast — bestuurder
  2. 16/03/2026
    demissionChristianus Antonius van Diesen — gedelegeerd bestuurder
  3. 31/12/2025
    augmentation_capitalDSV Air & Sea Holding A/S
  4. 2025
    Annual accounts 2025946,8 k €
  5. 14/11/2025
    nominationTom Scheyvaerts — commissaris
  6. 10/06/2025
    nomination(Nils) Magnus Malmgvist — bestuurder
  7. 10/06/2025
    nominationHelmut Schweighofer — bestuurder
  8. 10/06/2025
    nomination(Christianus Antonius) Pierre van Diesen — bestuurder
  9. 2024
    Annual accounts 20244,1 M €
  10. 2023
    Annual accounts 20231,9 M €
  11. 01/08/2023
    nominationBert Lenaerts — Gevolmachtigde
  12. 02/05/2023
    reconductionPwC Bedrijfsrevisoren BV — commissaris
  13. 01/01/2023
    nominationJames Linsen — Gevolmachtigde (Senior Manager Human Resources)
  14. 01/01/2023
    nominationSylvie Creupelandt — Gevolmachtigde (Senior Director HR Belgium)
  15. 01/01/2023
    nominationYves Welleman — Gevolmachtigde
  16. 01/01/2023
    nominationAlain de Clerck — Gevolmachtigde
  17. 01/01/2023
    nominationNancy Balduck — Gevolmachtigde
  18. 01/01/2023
    nominationOlivier Van Ranst — Gevolmachtigde
  19. 01/01/2023
    nominationThomas Declercq — Gevolmachtigde (Deputy Managing Director)
  20. 01/01/2023
    nominationMike van Beurden — Gevolmachtigde (Senior Manager Customs)
  21. 01/01/2023
    nominationWim Boone — Gevolmachtigde (Director Finance)
  22. 01/01/2023
    nominationBruno Duysters — Gevolmachtigde (Senior Manager Procurement)
  23. 01/01/2023
    nominationNiki Delathouwer — Gevolmachtigde (Director Tax and Compliance)
  24. 01/01/2023
    nominationZichvant Wong — Gevolmachtigde (Director Tax and Compliance)
  25. 01/01/2023
    nominationYannick Bodart — Gevolmachtigde
  26. 01/01/2023
    nominationPeter Saey — Gevolmachtigde
  27. 01/01/2023
    nominationPetra Van den Bossche — Gevolmachtigde
  28. 01/01/2023
    nominationIse Ackermans — Gevolmachtigde
  29. 2022
    Annual accounts 20223,9 M €
  30. 14/11/2022
    nominationNiki Delathouwer — Director Tax and Compliance
  31. 01/10/2022
    nominationMike van Beurden — Senior Manager Customs
  32. 01/01/2022
    revocationEvert Gillis — Manager Customs
  33. 2021
    Annual accounts 20212,9 M €
  34. 2020
    Annual accounts 20201,6 M €
  35. 2019
    Annual accounts 20192,4 M €
  36. 2018
    Annual accounts 20181,8 M €
  37. 2017
    Annual accounts 2017780,9 k €
  38. 2016
    Annual accounts 20161,1 M €
  39. 2015
    Annual accounts 20151,6 M €
  40. 2014
    Annual accounts 2014-394,4 k €
  41. 2013
    Annual accounts 20132,7 M €
  42. 2012
    Annual accounts 20123,6 M €
  43. 2011
    Annual accounts 20114,5 M €
  44. 2010
    Annual accounts 20103,4 M €
  45. 2009
    Annual accounts 2009494,9 k €
  46. 2008
    Annual accounts 20087,8 M €
  47. 2007
    Annual accounts 20075,9 M €
  48. 06/12/1933
    IncorporationPublic limited company