STOBART AUTOMOTIVE EUROPE
0405.855.027 · rovalta.com · 27/09/2026
ACTIVE
STOBART AUTOMOTIVE EUROPE
Financial year 2024 · Closed on 31/12/2024
Net result3,2 M €+24,3 %over 1 year
Revenue59,8 M €+42,0 %over 1 year
Equity30,5 M €+27,2 %over 1 year
Workforce163,9 ETP-6,8 %over 1 year
Overview
Identity
Source · BCE/KBOSTOBART AUTOMOTIVE EUROPE is a Public limited company incorporated in 1968. Its main activity is: Freight transport by road. Its registered office is in Genk. It employs on average 163,9 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0405.855.027
- Incorporation
- 01/01/1968
- Legal form
- Public limited company
- Registered office
- Eikelaarstraat 28
3600 Genk · FlandreSee on map - Contributed capital
- 15 588 512,11 €
- Latest accounts
- 31/12/2024
- Average workforce
- 163,9 ETP
Activities (NACE)
Joint committees (3)
- 140
- 14003
- 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 17 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 59,8 M € | +42.0% | 42,1 M € | +36.5% | 30,9 M € | +20.1% | 25,7 M € | +13.5% | 22,7 M € |
| EBITDA | 6,2 M € | +13.6% | 5,5 M € | +123% | 2,4 M € | -29.5% | 3,5 M € | +10.7% | 3,1 M € |
| Operating result | 4,3 M € | +19.8% | 3,6 M € | +279% | 955,5 k € | -49.5% | 1,9 M € | -5.5% | 2 M € |
| Net result | 3,2 M € | +24.3% | 2,6 M € | +400% | 516 k € | -50.5% | 1 M € | -17.0% | 1,3 M € |
| Balance sheet | |||||||||
| Equity | 30,5 M € | +27.2% | 24 M € | +216% | 7,6 M € | +7.3% | 7,1 M € | +17.3% | 6 M € |
| Total assets | 53,9 M € | +50.7% | 35,8 M € | +84.7% | 19,4 M € | +4.8% | 18,5 M € | -5.3% | 19,5 M € |
| Cash | 7,9 M € | +8316% | 94,4 k € | -82.2% | 529,6 k € | -51.4% | 1,1 M € | -55.0% | 2,4 M € |
| Debts | 23,2 M € | +99.9% | 11,6 M € | +0.8% | 11,5 M € | +5.8% | 10,9 M € | -15.7% | 12,9 M € |
| Other | |||||||||
| Workforce | 163,9 ETP | -6.8% | 175,9 ETP | +20.1% | 146,5 ETP | +16.7% | 125,5 ETP | +6.8% | 117,5 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20242 active · 29 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Bert Govaerts | Director | 04/05/2023 → 03/05/2029 | 00 |
Raphaël Hustinx | Managing director | 04/05/2023 → 03/05/2029 | 00 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Bert Govaerts | Director | 14/01/2020 → 02/05/2025 | 00 |
David Meir | Director | 04/05/2017 → 14/01/2020 | 00 |
David Meir | Director | 04/05/2017 → 04/05/2023 | 00 |
Raphaël Hustinx | Managing director | 04/05/2017 → 04/05/2023 | 00 |
Other companies at this address
Eikelaarstraat 28 3600 Genk| Company | CBE no. |
|---|---|
EDDIE STOBART LOGISTICS EUROPE● Active | 0468.765.069 |
STOBART EUROPE HOLDING● Active | 0685.402.394 |
Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/12/2020 | 01/12/2019 | 01/12/2018 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 30/11/2020 | 30/11/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 13 months | 12 months | 12 months |
| Filing date | 02/06/2025 | 31/05/2024 | 22/05/2023 | 19/05/2022 | 04/06/2021 | 18/08/2020 |
| General meeting | 02/05/2025 | 02/05/2024 | 04/05/2023 | 05/05/2022 | 06/05/2021 | 07/08/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 02/05/2025 | 02/06/2025 | Dutch | |
| Full model | 31/12/2023 | 02/05/2024 | 31/05/2024 | Dutch | |
| Full model | 31/12/2022 | 04/05/2023 | 22/05/2023 | Dutch | |
| Full model | 31/12/2021 | 05/05/2022 | 19/05/2022 | Dutch | |
| Full model | 30/11/2020 | 06/05/2021 | 04/06/2021 | Dutch | |
| Full model | 30/11/2019 | 07/08/2020 | 18/08/2020 | Dutch | |
| Full model | 30/11/2018 | 02/05/2019 | 21/06/2019 | Dutch | |
| Full model | 30/11/2017 | 22/05/2018 | 01/06/2018 | Dutch | |
| Full model | 30/11/2016 | 04/05/2017 | 01/06/2017 | Dutch | |
| Full model | 30/11/2015 | 05/05/2016 | 03/06/2016 | Dutch | |
| Full model | 30/11/2014 | 29/05/2015 | 12/06/2015 | Dutch | |
| Full model | 28/02/2014 | 07/08/2014 | 20/08/2014 | Dutch | |
| Full model | 28/02/2013 | 01/08/2013 | 06/08/2013 | Dutch | |
| Full model | 31/12/2011 | 29/06/2012 | 03/07/2012 | Dutch | |
| Full model | 31/12/2010 | 30/06/2011 | 26/07/2011 | Dutch | |
| Full model | 31/12/2009 | 04/06/2010 | 01/07/2010 | Dutch | |
| Full model | 31/12/2008 | 07/05/2009 | 02/06/2009 | Dutch | |
| Full modelCorrection | 31/12/2007 | 09/06/2008 | 21/10/2008 | Dutch | |
| Full model | 31/12/2007 | 09/06/2008 | 01/07/2008 | Dutch | |
| Full model | 31/12/2006 | 01/06/2007 | 29/06/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20242 active · 29 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Bert Govaerts | Director | 04/05/2023 → 03/05/2029 | 00 |
Raphaël Hustinx | Managing director | 04/05/2023 → 03/05/2029 | 00 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Bert Govaerts | Director | 14/01/2020 → 02/05/2025 | 00 |
David Meir | Director | 04/05/2017 → 14/01/2020 | 00 |
David Meir | Director | 04/05/2017 → 04/05/2023 | 00 |
Raphaël Hustinx | Managing director | 04/05/2017 → 04/05/2023 | 00 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates14/11/2024ONTSLAGEN - BENOEMINGEN
- Restructuring22/08/2024BENAMING - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Restructuring11/04/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Capital / shares19/01/2024KAPITAAL - AANDELEN
- Mandates10/08/2023ONTSLAGEN - BENOEMINGEN
- Other03/12/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BOEKJAAR
- Mandates02/12/2021ONTSLAGEN - BENOEMINGEN
- Mandates18/02/2020ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 20243,2 M €↑
- 2024Name changeSTOBART AUTOMOTIVE EUROPE
- 12/06/2024apportSTOBART EUROPE HOLDING
- 22/04/2024nominationMichel Dupont · commissaris
- 01/01/2024reconductionMichel DUPONT · commissaris
- 2023Annual accounts 20232,6 M €↑
- 04/05/2023reconductionRaphaël HUSTINX · bestuurder en gedelegeerd bestuurder
- 04/05/2023reconductionBert GOVAERTS · bestuurder
- 2022Annual accounts 2022516 k €↓
- 2021Annual accounts 20211 M €↓
- 2020Annual accounts 20201,3 M €↑
- 2019Annual accounts 2019543,5 k €↓
- 2018Annual accounts 20181,9 M €↑
- 2017Annual accounts 2017-560,1 k €↓
- 2015Annual accounts 2015444,7 k €↑
- 2014Annual accounts 201494 k €↑
- 2014Annual accounts 2014-95,1 k €↓
- 2013Annual accounts 2013227,9 k €↑
- 2013Name changeStobart Automotive Belgium
- 2011Annual accounts 201194,3 k €↓
- 2010Annual accounts 2010261,4 k €↓
- 2009Annual accounts 2009479,2 k €↑
- 2008Annual accounts 2008301,3 k €↓
- 2007Annual accounts 2007683,5 k €
- 01/01/1968IncorporationPublic limited company
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| STOBART AUTOMOTIVE EUROPECurrent | accounts 2024 · CBE, tracked since 27/09/2026 | Accounts 2024 · 2025-00115020 |
| Stobart Automotive Belgium | accounts 2013 → 2023 | Accounts 2023 · 2024-00103037 |
| Organisation europEenne de Transports Walon-Nellesen | accounts 2007 → 2011 | Accounts 2011 · 2012-25200261 |
Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.