ACTIVE

MAN TRUCK & BUS

Financial year 2023 · Closed on 31/12/2023

Net result5,5 M €+72,7 %over 1 year
Revenue378,6 M €+38,4 %over 1 year
Equity36,9 M €+17,4 %over 1 year
Workforce165,9 ETP-2,0 %over 1 year

Identity

Source · BCE/KBO

MAN TRUCK & BUS is a Public limited company incorporated in 1979. Its registered office is in Asse. It employs on average 165,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0420.069.782
Incorporation
14/12/1979
Legal form
Public limited company
Registered office
Brusselsesteenweg 406
1730 Asse · FlandreSee on map
Contributed capital
8 676 273,37 €
Latest accounts
31/12/2023
Average workforce
165,9 ETP
Joint committees (3)
  • 112
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 12 financial years

20232022202120172016
Income statement
Revenue378,6 M €273,5 M €250,4 M €236,8 M €214,7 M €
EBITDA8,8 M €4,8 M €1,7 M €1,7 M €4,4 M €
Operating result9,4 M €5,4 M €2,3 M €86,5 k €3 M €
Net result5,5 M €3,2 M €1,3 M €-242,8 k €1,5 M €
Balance sheet
Equity36,9 M €31,4 M €28,3 M €18,5 M €18,7 M €
Total assets138,2 M €112,5 M €99,8 M €79,6 M €75,7 M €
Cash9,9 M €15,2 M €14,7 k €450,8 k €16,2 k €
Debts65,3 M €46,9 M €34,9 M €30,4 M €34,4 M €
Other
Workforce165,9 ETP169,2 ETP171,1 ETP163,9 ETP158,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

4 active · 35 ended

Active mandates

Tobias Pichler

Director · since 01 février 2024 · until 31 janvier 2030

Active
Jean-Paul Ameys

Director · since 01 septembre 2023 · until 31 août 2029

Active
Roman Sitte

Director · since 01 juillet 2023 · until 30 juin 2029

Active
Stijn Tielens

Director · since 01 avril 2023 · until 31 mars 2029

Active

Ended mandates

Dennis Affeld

Chairman of the board of directors · since 01 février 2018 · until 31 janvier 2024

Ended
Tobias Pichler

Director · since 01 février 2018 · until 31 janvier 2024

Ended
Jean-Paul Ameys

Director · since 01 septembre 2017 · until 31 août 2023

Ended
Marc De Baerdemaeker

Director · since 01 septembre 2017 · until 31 août 2023

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202503/07/202424/07/202302/09/202207/07/202111/08/2020
General meeting25/06/202526/06/202428/06/202330/06/202230/06/202124/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202425/06/202529/07/2025DutchPDF
Full model31/12/202326/06/202403/07/2024DutchPDF
Full model31/12/202228/06/202324/07/2023DutchPDF
Full model31/12/202130/06/202202/09/2022DutchPDF
Full model31/12/202030/06/202107/07/2021DutchPDF
Full model31/12/201924/06/202011/08/2020DutchPDF
Full model31/12/201826/06/201922/07/2019DutchPDF
Full model31/12/201727/06/201828/06/2018DutchPDF
Full model31/12/201628/06/201705/07/2017DutchPDF
Full model31/12/201529/06/201605/07/2016DutchPDF
Full model31/12/201424/06/201524/06/2015DutchPDF
Full model31/12/201327/06/201427/06/2014DutchPDF
Full model31/12/201228/06/201328/06/2013DutchPDF
Full model31/12/201121/06/201206/07/2012DutchPDF
Full model31/12/201022/06/201129/06/2011DutchPDF
Full model31/12/200930/08/201009/09/2010DutchPDF
Full model31/12/200824/06/200929/07/2009DutchPDF
Full model31/12/200730/06/200825/07/2008DutchPDF
Full model31/12/200628/03/200729/03/2007DutchPDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2023

4 active · 35 ended

Active mandates

Tobias Pichler

Director · since 01 février 2024 · until 31 janvier 2030

Active
Jean-Paul Ameys

Director · since 01 septembre 2023 · until 31 août 2029

Active
Roman Sitte

Director · since 01 juillet 2023 · until 30 juin 2029

Active
Stijn Tielens

Director · since 01 avril 2023 · until 31 mars 2029

Active

Ended mandates

Dennis Affeld

Chairman of the board of directors · since 01 février 2018 · until 31 janvier 2024

Ended
Tobias Pichler

Director · since 01 février 2018 · until 31 janvier 2024

Ended
Jean-Paul Ameys

Director · since 01 septembre 2017 · until 31 août 2023

Ended
Marc De Baerdemaeker

Director · since 01 septembre 2017 · until 31 août 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates27/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 20/12/2024
    nominationFrédéric De Mee — vaste vertegenwoordiger
  2. 01/02/2024
    reconductionTobias Pichler — lid van de Raad van Bestuur en Bestuurder
  3. 2023
    Annual accounts 20235,5 M €↑
  4. 01/09/2023
    reconductionJean-Paul Ameys — lid van de Raad van Bestuur en Bestuurder
  5. 01/07/2023
    nominationRoman Sitte — lid van de Raad van Bestuur en Bestuurder
  6. 01/04/2023
    nominationStijn Tielens — lid van de Raad van Bestuur en Bestuurder
  7. 01/01/2023
    nominationEric Van Hoof — vaste vertegenwoordiger
  8. 2022
    Annual accounts 20223,2 M €↑
  9. 2021
    Annual accounts 20211,3 M €↑
  10. 2021
    Name changeMan Truck & Bus
  11. 2017
    Annual accounts 2017-242,8 k €↓
  12. 2016
    Annual accounts 20161,5 M €↑
  13. 2015
    Annual accounts 2015303,2 k €↑
  14. 2014
    Annual accounts 2014-1,2 M €↓
  15. 2012
    Annual accounts 20123 M €↑
  16. 2010
    Annual accounts 2010845 k €↓
  17. 2009
    Annual accounts 20091,2 M €↑
  18. 2008
    Annual accounts 20081,1 M €↑
  19. 2007
    Annual accounts 2007980 k €
  20. 2007
    Name changeMAN TRUCK EN BUS
  21. 14/12/1979
    IncorporationPublic limited company