ACTIVE

TITAN CARGO

Financial year 2025 · closed on 31/12/2025
Net result
438 k €
+20.4% YoY
Gross margin
2,1 M €
-2.0% YoY
Equity
1,7 M €
+1.0% YoY
Workforce
15,2 ETP
+9.4% YoY

What does TITAN CARGO do?

TITAN CARGO is a Public limited company incorporated in 2007. Its main activity is: Cargo handling. Its registered office is in Antwerpen. It employs on average 15,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0891.056.153
Incorporation
25/07/2007
Legal form
Public limited company
Registered office
Haminastraat 15
2030 Antwerpen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
15,2 ETP
Joint committees (2)
  • 226
  • 341
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin2,1 M €2,1 M €2,3 M €2,3 M €1,5 M €917,4 k €897,9 k €928,5 k €941,7 k €464 k €341,7 k €211 k €
EBITDA899,8 k €1 M €1 M €1,4 M €775,3 k €263,5 k €267,1 k €366,4 k €498,2 k €71,4 k €66,4 k €41,6 k €
Operating result730 k €613,6 k €867,5 k €1,3 M €660,4 k €182,4 k €191,1 k €284,7 k €440,1 k €24,8 k €35,4 k €30,4 k €
Net result438 k €363,9 k €520,8 k €900,9 k €370,5 k €120,1 k €118,7 k €211,5 k €251,2 k €-5,4 k €4 k €8,5 k €
Balance sheet
Equity1,7 M €1,6 M €1,6 M €1,2 M €696,2 k €425,7 k €313,8 k €245,1 k €133,6 k €60,4 k €65,7 k €61,8 k €
Total assets3,3 M €4,3 M €4,1 M €3,6 M €3,7 M €2 M €1,8 M €2 M €1,3 M €1,4 M €862,3 k €549 k €
Cash484,7 k €336,7 k €659,6 k €435,3 k €237,4 k €36,2 k €36 k €154,2 k €17,8 k €41,3 k €22,9 k €90,6 k €
Debts1,6 M €2,6 M €2,5 M €2,2 M €2,1 M €1,5 M €1,5 M €1,7 M €1,1 M €1,3 M €796,6 k €484,2 k €
Other
Workforce15,2 ETP13,9 ETP12,5 ETP11,3 ETP11,3 ETP9,3 ETP9,1 ETP8,0 ETP6,5 ETP6,2 ETP4,7 ETP4,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

Kelly Mariën

Director · since 22 mai 2026 · until 28 mai 2032

Active
SIMAR MANAGEMENT EN CONSULTANCY

Managing director · since 22 mai 2026 · until 28 mai 2032 · 0836.220.667

Represented by Peter Huybrechts

Active

Ended mandates

Kelly Mariën

Director · since 10 mars 2020 · until 22 mai 2026

Ended
SIMAR MANAGEMENT EN CONSULTANCY

Managing director · since 10 mars 2020 · until 22 mai 2026 · 0836.220.667

Represented by Peter Huybrechts

Ended
SIMAR MANAGEMENT EN CONSULTANCY

Managing director · since 10 mars 2020 · until 22 mai 2026 · 0836.220.667

Represented by Peter Huybrechts

Ended
Kelly Mariën

Director · since 10 mars 2014 · until 10 mars 2020

Ended
At this address

Other companies at this address

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VAROMACBankrupt
0658.853.001
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/06/202604/06/202508/06/202430/04/202302/05/202203/05/2021
General meeting22/05/202623/05/202524/05/202428/04/202329/04/202230/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/05/202610/06/2026DutchPDF
Abridged model31/12/202423/05/202504/06/2025DutchPDF
Abridged model31/12/202324/05/202408/06/2024DutchPDF
Abridged model31/12/202228/04/202330/04/2023DutchPDF
Abridged model31/12/202129/04/202202/05/2022DutchPDF
Abridged model31/12/202030/04/202103/05/2021DutchPDF
Abridged model31/12/201927/04/202028/04/2020DutchPDF
Abridged model31/12/201824/05/201908/06/2019DutchPDF
Abridged model31/12/201725/05/201808/06/2018DutchPDF
Abridged model31/12/201626/05/201702/06/2017DutchPDF
Abridged model31/12/201527/05/201623/06/2016DutchPDF
Abridged model31/12/201422/05/201518/06/2015DutchPDF
Abridged model31/12/201328/02/201402/04/2014DutchPDF
Abridged model31/12/201206/05/201308/07/2013DutchPDF
Abridged model31/12/201107/06/201229/08/2012DutchPDF
Abridged model31/12/201002/05/201122/06/2011DutchPDF
Abridged modelCorrection31/12/200903/05/201022/06/2011DutchPDF
Abridged model31/12/200903/05/201007/07/2010DutchPDF
Abridged model31/12/200804/05/200912/06/2009DutchPDF
Abridged model31/12/200707/05/200826/06/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

Kelly Mariën

Director · since 22 mai 2026 · until 28 mai 2032

Active
SIMAR MANAGEMENT EN CONSULTANCY

Managing director · since 22 mai 2026 · until 28 mai 2032 · 0836.220.667

Represented by Peter Huybrechts

Active

Ended mandates

Kelly Mariën

Director · since 10 mars 2020 · until 22 mai 2026

Ended
SIMAR MANAGEMENT EN CONSULTANCY

Managing director · since 10 mars 2020 · until 22 mai 2026 · 0836.220.667

Represented by Peter Huybrechts

Ended
SIMAR MANAGEMENT EN CONSULTANCY

Managing director · since 10 mars 2020 · until 22 mai 2026 · 0836.220.667

Represented by Peter Huybrechts

Ended
Kelly Mariën

Director · since 10 mars 2014 · until 10 mars 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/03/2014
    BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/03/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/09/2010
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/08/2007
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025438 k €
  2. 2024
    Annual accounts 2024363,9 k €
  3. 2023
    Annual accounts 2023520,8 k €
  4. 2022
    Annual accounts 2022900,9 k €
  5. 2021
    Annual accounts 2021370,5 k €
  6. 2020
    Annual accounts 2020120,1 k €
  7. 2019
    Annual accounts 2019118,7 k €
  8. 2018
    Annual accounts 2018211,5 k €
  9. 2017
    Annual accounts 2017251,2 k €
  10. 2016
    Annual accounts 2016-5,4 k €
  11. 2015
    Annual accounts 20154 k €
  12. 2014
    Annual accounts 20148,5 k €
  13. 25/07/2007
    IncorporationPublic limited company