ACTIVE

MAN TRUCK & BUS

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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 main activity is: Sale of cars and light motor vehicles. 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

Activities (NACE)

45113Sale of cars and light motor vehicles· main 45191Sale of other motor vehicles 46712Wholesale of solid, liquid and gaseous fuels and related products 47811Retail sale via stalls and markets of food, beverages and tobacco products 50101Sea and coastal passenger water transport 29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers+5

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 12 financial years

	2023		2022		2021		2017		2016
Income statement
Revenue	378,6 M €	+38.4%	273,5 M €	+9.2%	250,4 M €	+5.7%	236,8 M €	+10.3%	214,7 M €
EBITDA	8,8 M €	+81.3%	4,8 M €	+188%	1,7 M €	-2.9%	1,7 M €	-60.9%	4,4 M €
Operating result	9,4 M €	+73.9%	5,4 M €	+130%	2,3 M €	+2611%	86,5 k €	-97.1%	3 M €
Net result	5,5 M €	+72.7%	3,2 M €	+150%	1,3 M €	+622%	-242,8 k €	-117%	1,5 M €
Balance sheet
Equity	36,9 M €	+17.4%	31,4 M €	+11.2%	28,3 M €	+53.2%	18,5 M €	-1.3%	18,7 M €
Total assets	138,2 M €	+22.8%	112,5 M €	+12.8%	99,8 M €	+25.4%	79,6 M €	+5.2%	75,7 M €
Cash	9,9 M €	-35.0%	15,2 M €	+103526%	14,7 k €	-96.7%	450,8 k €	+2683%	16,2 k €
Debts	65,3 M €	+39.4%	46,9 M €	+34.4%	34,9 M €	+14.8%	30,4 M €	-11.5%	34,4 M €
Other
Workforce	165,9 ETP	-2.0%	169,2 ETP	-1.1%	171,1 ETP	+4.4%	163,9 ETP	+3.5%	158,3 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 · 19 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Tobias Pichler	Director01/02/2018 → 31/01/2030
Jean-Paul Ameys	Director01/09/2011 → 31/08/2029
Roman Sitte	Director01/07/2023 → 30/06/2029
Stijn Tielens	Director01/04/2023 → 31/03/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dennis Affeld	Chairman of the board of directors01/02/2018 → 2022 accounts
Marc De Baerdemaeker	Director01/09/2017 → 2022 accounts
Hagen Steiner	Director31/12/2015 → 2017 accounts
Jean-Yves Kerbrat	Chairman of the board of directors30/04/2015 → 2017 accounts

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	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/07/2025	03/07/2024	24/07/2023	02/09/2022	07/07/2021	11/08/2020
General meeting	25/06/2025	26/06/2024	28/06/2023	30/06/2022	30/06/2021	24/06/2020
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 · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	25/06/2025	29/07/2025	Dutch	PDF
Full model	31/12/2023	26/06/2024	03/07/2024	Dutch	PDF
Full model	31/12/2022	28/06/2023	24/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	02/09/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	07/07/2021	Dutch	PDF
Full model	31/12/2019	24/06/2020	11/08/2020	Dutch	PDF
Full model	31/12/2018	26/06/2019	22/07/2019	Dutch	PDF
Full model	31/12/2017	27/06/2018	28/06/2018	Dutch	PDF
Full model	31/12/2016	28/06/2017	05/07/2017	Dutch	PDF
Full model	31/12/2015	29/06/2016	05/07/2016	Dutch	PDF
Full model	31/12/2014	24/06/2015	24/06/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	27/06/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	28/06/2013	Dutch	PDF
Full model	31/12/2011	21/06/2012	06/07/2012	Dutch	PDF
Full model	31/12/2010	22/06/2011	29/06/2011	Dutch	PDF
Full model	31/12/2009	30/08/2010	09/09/2010	Dutch	PDF
Full model	31/12/2008	24/06/2009	29/07/2009	Dutch	PDF
Full model	31/12/2007	30/06/2008	25/07/2008	Dutch	PDF
Full model	31/12/2006	28/03/2007	29/03/2007	Dutch	PDF

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 · 19 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Tobias Pichler	Director01/02/2018 → 31/01/2030
Jean-Paul Ameys	Director01/09/2011 → 31/08/2029
Roman Sitte	Director01/07/2023 → 30/06/2029
Stijn Tielens	Director01/04/2023 → 31/03/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dennis Affeld	Chairman of the board of directors01/02/2018 → 2022 accounts
Marc De Baerdemaeker	Director01/09/2017 → 2022 accounts
Hagen Steiner	Director31/12/2015 → 2017 accounts
Jean-Yves Kerbrat	Chairman of the board of directors30/04/2015 → 2017 accounts

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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Tobias Pichler

Jean-Paul Ameys

Roman Sitte

Stijn Tielens

Dennis Affeld

Marc De Baerdemaeker

Hagen Steiner

Jean-Yves Kerbrat

Christian Schäder

Jeroen Lagarde

Joachim Dürr

Birgit Kuhn

Show the 11 other mandates

1979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

MAN TRUCK & BUSMAN TRUCK EN BUS

Brusselsesteenweg 406, 1730 Asse

Director

Chairman of the board of directors

Director

Chairman of the board of directors

Director

Chairman of the board of directorsDirector

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Brusselsesteenweg 406, 1730 AsseCurrent	accounts 2021 → 2023	Accounts 2023 · 2024-00215060

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MAN TRUCK & BUSCurrent	accounts 2021 → 2023	Accounts 2023 · 2024-00215060
MAN TRUCK EN BUS	accounts 2007 → 2017	Accounts 2017 · 2018-25800378

Events

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

MAN TRUCK & BUS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events