What does TRANSPORT MICHIELS do?

TRANSPORT MICHIELS is a road haulage company in Hulshout. Private Limited, started on 12 July 1988, 1 establishment.

What is the address of TRANSPORT MICHIELS?

The registered office of TRANSPORT MICHIELS is located at Zuidgoordijkstraat 1, 2235 Hulshout.

Is TRANSPORT MICHIELS still active?

Yes. According to the CBE (29 October 2026) TRANSPORT MICHIELS is active, legal situation “Normale toestand”, started on 12 July 1988.

Is TRANSPORT MICHIELS registered on Peppol?

Yes, TRANSPORT MICHIELS is registered on the Peppol network with ID 0208:0434839518.

What is the enterprise number of TRANSPORT MICHIELS?

The enterprise number of TRANSPORT MICHIELS is BE0434839518.

When was TRANSPORT MICHIELS founded?

TRANSPORT MICHIELS was founded on 12 July 1988.

Who are the directors of TRANSPORT MICHIELS?

According to the 2025 annual accounts, the directors of TRANSPORT MICHIELS are: Nathalie Peleman, Philip Salaerts.

Is TRANSPORT MICHIELS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 July 1988; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did TRANSPORT MICHIELS make in 2025?

TRANSPORT MICHIELS recorded a loss after taxes of € 51,391 in financial year 2025.

What is the revenue of TRANSPORT MICHIELS?

In its most recent annual accounts (2025), TRANSPORT MICHIELS reported revenue of € 42,033,356.

How much does an employee at TRANSPORT MICHIELS earn?

The average wage cost per full-time employee at TRANSPORT MICHIELS was € 66,200 in 2025: staff costs of € 13.7 million for 206.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TRANSPORT MICHIELS have?

According to the 2025 annual accounts, TRANSPORT MICHIELS has 206.8 full-time equivalents (FTE).

Does TRANSPORT MICHIELS have a website?

Yes, TRANSPORT MICHIELS has a website at transportmichiels.be.

TRANSPORT MICHIELS (Private Limited) - Hulshout

Dossier TRANSPORT MICHIELS, printed on 29 October 2026 from databakkes.be/en/0434839518/transport-michiels. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TRANSPORT MICHIELS from Hulshout, company number BE0434839518, closed financial year 2025 with a result of € -51,391 after tax. For that financial year TRANSPORT MICHIELS recorded revenue of € 42 million and equity of € 7.4 million. Compared with financial year 2024, the result moved from € 467,699 to € -51,391. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.

What it is worth Healthy

€ 7.4 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -51,391

▼ still € 467,699 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 146,312

▼ 92% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 7.2 million.

People and assets in 2025

Full-time equivalents

206.8

▼ 8.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 25.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 13.7 million

▼ 2% vs 2024

€ 66,200 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.

Vehicles and equipment

€ 7.3 million

▼ 12% vs 2024

Of which on lease € 5.6 million.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 7.9 million

▼ 6% vs 2024

€ 2.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 4 million

▲ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.

Taxes and wages

€ 2.6 million

▲ 44% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 41,882,457 Revenue 2022: € 41,882,457 First fiscal year in the series	€ 42,232,626 Revenue 2023: € 42,232,626 ▲ 1% vs 2022 (€ 41,882,457) Favourable step	€ 42,116,633 Revenue 2024: € 42,116,633 Unchanged (€ 42,232,626) Unfavourable step	€ 42,033,356 Revenue 2025: € 42,033,356 Unchanged (€ 42,116,633) Unfavourable step
Profit after taxes	€ 528,536 Profit after taxes 2022: € 528,536 First fiscal year in the series	€ 663,189 Profit after taxes 2023: € 663,189 ▲ 25% vs 2022 (€ 528,536) Favourable step	€ 467,699 Profit after taxes 2024: € 467,699 ▼ 29% vs 2023 (€ 663,189) Unfavourable step	€ -51,391 Profit after taxes 2025: € -51,391 ▼ € 519,090 vs 2024 (€ 467,699) Unfavourable step	▼ € 519,090
Equity	€ 6,354,760 Equity 2022: € 6,354,760 First fiscal year in the series	€ 7,017,949 Equity 2023: € 7,017,949 ▲ 10% vs 2022 (€ 6,354,760) Favourable step	€ 7,485,648 Equity 2024: € 7,485,648 ▲ 7% vs 2023 (€ 7,017,949) Favourable step	€ 7,434,257 Equity 2025: € 7,434,257 ▼ 1% vs 2024 (€ 7,485,648) Unfavourable step	▼ 1%
Total debts	€ 12,762,899 Total debts 2022: € 12,762,899 First fiscal year in the series	€ 12,756,168 Total debts 2023: € 12,756,168 Unchanged (€ 12,762,899) Favourable step	€ 13,061,462 Total debts 2024: € 13,061,462 ▲ 2% vs 2023 (€ 12,756,168) Unfavourable step	€ 14,446,949 Total debts 2025: € 14,446,949 ▲ 11% vs 2024 (€ 13,061,462) Unfavourable step	▲ 11%
Cash	€ 1,281,953 Cash 2022: € 1,281,953 First fiscal year in the series	€ 1,579,054 Cash 2023: € 1,579,054 ▲ 23% vs 2022 (€ 1,281,953) Favourable step	€ 1,742,319 Cash 2024: € 1,742,319 ▲ 10% vs 2023 (€ 1,579,054) Favourable step	€ 146,312 Cash 2025: € 146,312 ▼ 92% vs 2024 (€ 1,742,319) Unfavourable step	▼ 92%
Retained profit	€ 6,075,300 Retained profit 2022: € 6,075,300 First fiscal year in the series	€ 6,738,490 Retained profit 2023: € 6,738,490 ▲ 11% vs 2022 (€ 6,075,300) Favourable step	€ 7,206,189 Retained profit 2024: € 7,206,189 ▲ 7% vs 2023 (€ 6,738,490) Favourable step	€ 7,154,797 Retained profit 2025: € 7,154,797 ▼ 1% vs 2024 (€ 7,206,189) Unfavourable step	▼ 1%
Bank debt	€ 7,538,352 Bank debt 2022: € 7,538,352 First fiscal year in the series	€ 8,086,447 Bank debt 2023: € 8,086,447 ▲ 7% vs 2022 (€ 7,538,352) Unfavourable step	€ 8,367,792 Bank debt 2024: € 8,367,792 ▲ 3% vs 2023 (€ 8,086,447) Unfavourable step	€ 7,852,130 Bank debt 2025: € 7,852,130 ▼ 6% vs 2024 (€ 8,367,792) Favourable step	▼ 6%
Balance sheet total	€ 19,143,565 Balance sheet total 2022: € 19,143,565 First fiscal year in the series	€ 19,802,514 Balance sheet total 2023: € 19,802,514 ▲ 3% vs 2022 (€ 19,143,565) Unchanged	€ 20,572,895 Balance sheet total 2024: € 20,572,895 ▲ 4% vs 2023 (€ 19,802,514) Unchanged	€ 21,906,991 Balance sheet total 2025: € 21,906,991 ▲ 6% vs 2024 (€ 20,572,895) Unchanged	▲ 6%
Employees (FTE)	216.2 Employees (FTE) 2022: 216.2 First fiscal year in the series	219.2 Employees (FTE) 2023: 219.2 ▲ 3 vs 2022 (216.2) Unchanged	215 Employees (FTE) 2024: 215 ▼ 4.2 vs 2023 (219.2) Unchanged	206.8 Employees (FTE) 2025: 206.8 ▼ 8.2 vs 2024 (215) Unchanged	▼ 8.2

Key figures of TRANSPORT MICHIELS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to TRANSPORT MICHIELS?

What happened at TRANSPORT MICHIELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 6, 2026 New annual accounts for financial year 2025: loss of € 51,391 (▼ € 519,090 vs 2024). Source: NBB ↗
2025 Nathalie Peleman became a director. NBB
2025 Philip Salaerts became a director. NBB
Sep 26, 1988 New establishment in Hulshout. KBO
Jul 12, 1988 Start of the company according to the CBE. KBO

In short

From € 528,536 profit in 2022 to € 51,391 loss in 2025.

Paid € 662,807 in corporate taxes since 2022.

Best year ever: 2023, with € 663,189 profit.

Pays suppliers within 57 days on average.

Original PDFs at the National Bank ↗

Management

WEST-BEHEER 80%

The stake of WEST-BEHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TRANSPORT MICHIELS

Behind TRANSPORT MICHIELS are Nathalie Peleman and Philip Salaerts. The shares are held by WEST-BEHEER (80%).

Directors

According to the 2025 annual accounts

Nathalie Peleman

Director

Also active at: TRM Services

since 2025

Philip Salaerts

Director

Also active at: A.A.D. Speed-Colli, Vegetra, TRM Services, BRANT LOGISTIC INFORMATION TECHNOLOGY SERVICES BELGIUM, FORLOG, BOOSTER - EXPRESS, DISTRI-LOG TRANSPORT, SALINCO +3 more

since 2025

Shareholders

WEST-BEHEER

80%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Zuidgoordijkstraat 1

2235 Hulshout

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

TRM Services same network

€ 2.7 million revenue · 2025

T.R.M. (Trailer Repair Michiels)

€ 1.5 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS transportmichiels.be

About

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Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages EN, FR, NL

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Security

✓ HTTPS

✓ SPF

✗ DMARC

Network

✓ IPv6

Details

Company number: 0434.839.518
VAT number: BE 0434.839.518
Registered office: Zuidgoordijkstraat 1, 2235 Hulshout
Names & denominations: TRANSPORT MICHIELS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 12 July 1988
Peppol: Active · Active since 22 Dec 2025
Contact: transportmichiels.be
Activities · NACE: Goederenvervoer over de weg

View on CBE Public ↗ Annual accounts (NBB) ↗