Financials
Financial year 2024
Transport De Swaef from Gent, company number BE0400024733, closed financial year 2024 with a result of € 3.2 million after tax. For that financial year Transport De Swaef recorded a gross margin of € 4.3 million and equity of € 5.4 million. Compared with financial year 2023, the result moved from € -330,860 to € 3.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2025.
€ 5.4 million
▲ 114% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.2 million
▲ still € 330,860 loss in 2023
Profit after tax over the fiscal year.
€ 793,893
▲ € 786,005 vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 349,088 paid out
11 % of the profit went to the shareholders, mostly to HIDE (100 % of the shares). That is where the money ends up.
People and assets in 2024
8.6
▲ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 358,620
▼ 14% vs 2023
€ 41,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 100,528
▼ 15% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 12,930
▼ 99% vs 2023
€ 11,068 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 242,867
▲ 58% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 376,778
▲ € 337,147 vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 331,448 | € 275,553 | € 136,750 | € 4,327,778 | ▲ € 4.2 million |
| Profit after taxes | € -171,630 | € -315,389 | € -330,860 | € 3,249,811 | ▲ € 3.6 million |
| Equity | € 3,183,793 | € 2,868,404 | € 2,537,544 | € 5,437,966 | ▲ 114% |
| Total debts | € 1,563,324 | € 1,828,820 | € 2,367,029 | € 2,232,003 | ▼ 6% |
| Cash | € 109,962 | € 107,523 | € 7,888 | € 793,893 | ▲ € 786,005 |
| Land & buildings | € 70,613 | € 68,286 | € 65,959 | € 0 | ▼ 100% |
| Retained profit | € -223,607 | € -538,996 | € -869,856 | € 2,030,566 | ▲ € 2.9 million |
| Dividend | € 0 | € 0 | € 0 | € 349,088 | |
| Bank debt | € 442,987 | € 529,817 | € 906,024 | € 12,930 | ▼ 99% |
| Balance sheet total | € 4,747,118 | € 4,697,224 | € 4,904,573 | € 7,669,970 | ▲ 56% |
| Employees (FTE) | 9.6 | 8.6 | 8.4 | 8.6 | ▲ 0.2 |
Key figures of Transport De Swaef, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Transport De Swaef?
What happened at Transport De Swaef in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DSM Management BV stepped down as director. NBB
- Caral Management CommV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 3.2 million. Source: NBB ↗
- DSM Management BV became a director. NBB
- Caral Management CommV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 171,630 loss in 2021 to € 3.2 million profit in 2024.
Paid € 718,313 in corporate taxes since 2021.
Best year ever: 2024, with € 3.2 million profit.
On average € 503,200 of value added per employee in 2024.
Management
The stake of HIDE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Transport De SwaefThe shares are held by HIDE (100%).
Directors
According to the 2024 annual accounts
Director · represented by Marc De Swaef
Also active at: SELECTA CARS DE SWAEF, Immobiliën De Swaef, HIDE
since 2023 · until 2029
Director · represented by Delcorde ALAIN
Also active at: SELECTA CARS DE SWAEF, Immobiliën De Swaef, HIDE
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 18E
9032 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
selectacars.com
Registered
1999-02-24
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-02-24
Website info
Features
Security
Network
Details
- Company number
- 0400.024.733
- VAT number
- BE 0400.024.733
- Registered office
- Industrieweg 18E, 9032 Gent
- Names & denominations
- Transport De Swaef
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 20 May 2026
- Activities · NACE
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