ACTIVE

TRANSPORT MICHIELS

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Financial year 2025 · Closed on 31/12/2025

Net result-51,4 k €-111,0 %over 1 year

Revenue42 M €-0,2 %over 1 year

Equity7,4 M €-0,7 %over 1 year

Workforce206,8 ETP-3,8 %over 1 year

Identity

Source · BCE/KBO

TRANSPORT MICHIELS is a Private limited company incorporated in 1988. Its main activity is: Freight transport by road. Its registered office is in Hulshout. It employs on average 206,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0434.839.518
Incorporation: 12/07/1988
Legal form: Private limited company
Registered office: Zuidgoordijkstraat 1
2235 Hulshout · FlandreSee on map
Contributed capital: 279 459,49 €
Latest accounts: 31/12/2025
Average workforce: 206,8 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities

Joint committees (2)

Signals

Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 26 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	42 M €	-0.2%	42,1 M €	-0.3%	42,2 M €	+0.8%	41,9 M €	+7.9%	38,8 M €
EBITDA	3,5 M €	-14.9%	4,1 M €	-1.9%	4,2 M €	+7.7%	3,9 M €	+14.9%	3,4 M €
Operating result	264,1 k €	-71.3%	920,9 k €	-17.4%	1,1 M €	+36.9%	814,1 k €	+137%	343 k €
Net result	-51,4 k €	-111%	467,7 k €	-29.5%	663,2 k €	+25.5%	528,5 k €	+227%	161,7 k €
Balance sheet
Equity	7,4 M €	-0.7%	7,5 M €	+6.7%	7 M €	+10.4%	6,4 M €	+9.1%	5,8 M €
Total assets	21,9 M €	+6.5%	20,6 M €	+3.9%	19,8 M €	+3.4%	19,1 M €	+6.6%	18 M €
Cash	146,3 k €	-91.6%	1,7 M €	+10.3%	1,6 M €	+23.2%	1,3 M €	+30.5%	982 k €
Debts	14,4 M €	+11.0%	13 M €	+2.4%	12,7 M €	-0.2%	12,7 M €	+5.2%	12,1 M €
Other
Workforce	206,8 ETP	-3.8%	215,0 ETP	-1.9%	219,2 ETP	+1.4%	216,2 ETP	+3.5%	208,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nathalie Peleman	Directorsince 19/06/2025current		not linked
Philip Salaerts	Directorsince 19/06/2025current		00

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MIVERBO0777.697.104Represented by Bonifacius Michiels	Directorsince 01/02/2022ended		00
Bonifacius Michiels	DirectorendedManagerended		0

Other companies at this address

Zuidgoordijkstraat 1 2235 Hulshout

Company	CBE no.
T.R.M. (Trailer Repair Michiels)● Active	0474.046.225

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/07/2026	17/06/2025	11/07/2024	04/07/2023	05/07/2022	13/07/2021
General meeting	11/06/2026	12/06/2025	13/06/2024	08/06/2023	09/06/2022	10/06/2021
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, 26 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/06/2026	06/07/2026	Dutch	PDF
Full model	31/12/2024	12/06/2025	17/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	12/06/2025	07/07/2025	Dutch	PDF
Full model	31/12/2023	13/06/2024	11/07/2024	Dutch	PDF
Consolidated accounts	31/12/2023	13/06/2024	25/07/2024	Dutch	PDF
Full model	31/12/2022	08/06/2023	04/07/2023	Dutch	PDF
Consolidated accounts	31/12/2022	08/06/2023	23/06/2023	Dutch	PDF
Full model	31/12/2021	09/06/2022	05/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	09/06/2022	07/07/2022	Dutch	PDF
Full model	31/12/2020	10/06/2021	08/07/2021	Dutch	PDF
Consolidated accounts	31/12/2020	10/06/2021	13/07/2021	Dutch	PDF
Full model	31/12/2019	11/06/2020	10/07/2020	Dutch	PDF
Consolidated accounts	31/12/2019	11/06/2020	01/03/2021	Dutch	PDF
Full model	31/12/2018	13/06/2019	15/07/2019	Dutch	PDF
Full model	31/12/2017	14/06/2018	06/07/2018	Dutch	PDF
Full model	31/12/2016	08/06/2017	04/07/2017	Dutch	PDF
Full model	31/12/2015	09/06/2016	14/07/2016	Dutch	PDF
Full model	31/12/2014	11/06/2015	29/07/2015	Dutch	PDF
Full model	31/12/2013	12/06/2014	11/07/2014	Dutch	PDF
Full model	31/12/2012	13/06/2013	12/07/2013	Dutch	PDF
Full model	31/12/2011	14/06/2012	11/07/2012	Dutch	PDF
Full model	31/12/2010	09/06/2011	08/07/2011	Dutch	PDF
Full model	31/12/2009	10/06/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	11/06/2009	13/07/2009	Dutch	PDF
Abridged model	31/12/2007	12/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	14/06/2007	29/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nathalie Peleman	Directorsince 19/06/2025current		not linked
Philip Salaerts	Directorsince 19/06/2025current		00

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MIVERBO0777.697.104Represented by Bonifacius Michiels	Directorsince 01/02/2022ended		00
Bonifacius Michiels	DirectorendedManagerended		0

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring29/07/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring21/05/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates18/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/05/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/08/2018
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

20052010201520202025Today

Identity

Incorporation1988

Name

Michiels TransportTRANSPORT MICHIELS

Registered office

Zuidgoordijkstraat 1, 2235 Hulshout

Annual accounts

Filings19 filings

Mandates

Nathalie Peleman

Director

Philip Salaerts

Director

MIVERBO

Director

CurrentPlanned, not yet servedEndedAccounts filed

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Zuidgoordijkstraat 1, 2235 HulshoutCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00254777

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TRANSPORT MICHIELSCurrent		CBE
Michiels Transport	accounts 2025	Accounts 2025 · 2026-00254777
TRANSPORT MICHIELS	accounts 2006 → 2024	Accounts 2024 · 2025-00238661

Events

2025
Annual accounts 2025-51,4 k €↓
2025
Name changeMichiels Transport
2024
Annual accounts 2024467,7 k €↓
2023
Annual accounts 2023663,2 k €↑
2022
Annual accounts 2022528,5 k €↑
2021
Annual accounts 2021161,7 k €↓
2020
Annual accounts 2020640,9 k €↓
2019
Annual accounts 20191,1 M €↑
2018
Annual accounts 2018599,6 k €↑
2017
Annual accounts 2017466,5 k €↓
2016
Annual accounts 2016751,2 k €↑
2015
Annual accounts 2015172,9 k €↑
2014
Annual accounts 201475,6 k €↑
2013
Annual accounts 2013296,5 €↓
2011
Annual accounts 201130,6 k €↓
2010
Annual accounts 2010271,6 k €↑
2009
Annual accounts 2009-18,4 k €↓
2008
Annual accounts 2008438,1 k €↑
2007
Annual accounts 2007182 k €↑
2006
Annual accounts 2006-12,7 k €
12/07/1988
IncorporationPrivate limited company

TRANSPORT MICHIELS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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