ACTIVE

SWISSPORT CARGO SERVICES BELGIUM

Financial year 2018 · Closed on 31/12/2018

Net result468 k €-66,7 %over 1 year
Revenue54,9 M €+12,2 %over 1 year
Equity3,6 M €+14,4 %over 1 year
Workforce464,9 ETP+14,7 %over 1 year

Identity

Source · BCE/KBO

SWISSPORT CARGO SERVICES BELGIUM is a Public limited company incorporated in 1990. Its main activity is: Service activities incidental to air transportation. Its registered office is in Machelen (Brab.). It employs on average 464,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.184.110
Incorporation
19/07/1990
Legal form
Public limited company
Registered office
Bedrijvenzone Machelen-Cargo 704 box 22
1830 Machelen (Brab.) · FlandreSee on map
Latest accounts
31/12/2018
Average workforce
464,9 ETP
Joint committees (2)
  • 14004
  • 226
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 8 financial years

20182017201120102009
Income statement
Revenue54,9 M €48,9 M €13,8 M €13,1 M €10,7 M €
EBITDA1,4 M €2,8 M €563,5 k €364,4 k €-203,8 k €
Operating result716,5 k €1,9 M €271,3 k €88,8 k €-443,7 k €
Net result468 k €1,4 M €131,5 k €3,3 k €-493,1 k €
Balance sheet
Equity3,6 M €3,1 M €404,5 k €-327 k €-330,3 k €
Total assets14,6 M €16 M €4,6 M €4,7 M €4,6 M €
Cash1,8 M €4,2 M €1,3 M €976,5 k €643,7 k €
Debts10,9 M €12,8 M €4,2 M €5 M €4,9 M €
Other
Workforce464,9 ETP405,3 ETP122,8 ETP118,5 ETP109,4 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 31/12/2018

10 active · 23 ended

Active mandates

Luzius Wirth

Managing director · since 15 avril 2019 · until 28 juin 2024

Active
Nadia Kaddouri

Director · since 15 avril 2019 · until 28 juin 2024

Active
William Dougherty

Director · since 15 avril 2019 · until 28 juin 2024

Active
Peter De Maesschalck

Director · since 03 août 2018 · until 15 avril 2019

Active
Joseph Phelan

Director · since 16 avril 2018 · until 15 avril 2019

Active
Peter Isaac

Managing director · since 16 avril 2018 · until 03 août 2018

Active
Othmar Widmer

Director · since 31 mars 2018 · until 16 avril 2018

Active
Patrick Minsart

Managing director · since 05 juin 2017 · until 16 avril 2018

Active
Simon Messner

Chairman of the board of directors · since 05 juin 2017 · until 15 avril 2019

Active
PIETER VAN dEN NIEUWENHUIZEN

Director · since 17 avril 2014 · until 31 mars 2018 · 0806.034.069

Represented by Pieter Van den Nieuwenhuizen

Active

Ended mandates

Joseph Phelan

Director · since 16 avril 2018 · until 15 juin 2023

Ended
Peter Isaac

Managing director · since 16 avril 2018 · until 15 juin 2023

Ended
Simon Messner

Chairman of the board of directors · since 05 juin 2017 · until 15 juin 2023

Ended
Patrick MINSART

Managing director · since 14 janvier 2014 · until 14 janvier 2017

Ended

Other companies at this address

Bedrijvenzone Machelen-Cargo 704 1830 Machelen (Brab.)
CompanyCBE no.
1015.079.957

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 date22/09/202516/07/202514/11/202328/09/202229/11/202109/09/2020
General meeting18/09/202527/06/202431/08/202323/06/202223/09/202125/06/2020
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202418/09/202522/09/2025DutchPDF
Full modelCorrection31/12/202327/06/202416/07/2025DutchPDF
Full model31/12/202326/06/202423/07/2024DutchPDF
Full model31/12/202231/08/202314/11/2023DutchPDF
Full model31/12/202123/06/202228/09/2022DutchPDF
Full model31/12/202023/09/202129/11/2021DutchPDF
Full model31/12/201925/06/202009/09/2020DutchPDF
Full model31/12/201812/09/201910/10/2019DutchPDF
Full model31/12/201728/06/201831/07/2018DutchPDF
Full model31/12/201622/06/201727/06/2017DutchPDF
Full modelCorrection31/12/201523/06/201606/03/2017DutchPDF
Full model31/12/201523/06/201621/10/2016DutchPDF
Full model31/12/201426/06/201514/12/2015DutchPDF
Full model31/12/201322/12/201411/08/2015DutchPDF
Full modelCorrection31/12/201220/12/201329/04/2014DutchPDF
Full model31/12/201220/12/201309/01/2014DutchPDF
Full model31/12/201102/04/201230/07/2012DutchPDF
Full model31/12/201027/06/201107/07/2011DutchPDF
Full model31/12/200923/07/201030/07/2010DutchPDF
Full model31/12/200830/06/200928/07/2009DutchPDF
Full model31/12/200730/06/200807/07/2008DutchPDF
Full model31/12/200625/06/200725/07/2007DutchPDF

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 31/12/2018

10 active · 23 ended

Active mandates

Luzius Wirth

Managing director · since 15 avril 2019 · until 28 juin 2024

Active
Nadia Kaddouri

Director · since 15 avril 2019 · until 28 juin 2024

Active
William Dougherty

Director · since 15 avril 2019 · until 28 juin 2024

Active
Peter De Maesschalck

Director · since 03 août 2018 · until 15 avril 2019

Active
Joseph Phelan

Director · since 16 avril 2018 · until 15 avril 2019

Active
Peter Isaac

Managing director · since 16 avril 2018 · until 03 août 2018

Active
Othmar Widmer

Director · since 31 mars 2018 · until 16 avril 2018

Active
Patrick Minsart

Managing director · since 05 juin 2017 · until 16 avril 2018

Active
Simon Messner

Chairman of the board of directors · since 05 juin 2017 · until 15 avril 2019

Active
PIETER VAN dEN NIEUWENHUIZEN

Director · since 17 avril 2014 · until 31 mars 2018 · 0806.034.069

Represented by Pieter Van den Nieuwenhuizen

Active

Ended mandates

Joseph Phelan

Director · since 16 avril 2018 · until 15 juin 2023

Ended
Peter Isaac

Managing director · since 16 avril 2018 · until 15 juin 2023

Ended
Simon Messner

Chairman of the board of directors · since 05 juin 2017 · until 15 juin 2023

Ended
Patrick MINSART

Managing director · since 14 janvier 2014 · until 14 janvier 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2021
    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. 2018
    Annual accounts 2018468 k €↓
  2. 2017
    Annual accounts 20171,4 M €↑
  3. 2011
    Annual accounts 2011131,5 k €↑
  4. 2010
    Annual accounts 20103,3 k €↑
  5. 2009
    Annual accounts 2009-493,1 k €↓
  6. 2008
    Annual accounts 2008-310,9 k €↓
  7. 2007
    Annual accounts 2007237,8 k €↑
  8. 2006
    Annual accounts 2006-409,4 k €
  9. 19/07/1990
    IncorporationPublic limited company