Active · per the CBE, 19 September 2026

TRANSPORT VANDERHASSELT MICHEL

BE0444278014

Rechtspersoon Public limited company 1 establishment

TRANSPORT VANDERHASSELT MICHEL is a road haulage company in Ternat. Public Limited, started on 24 May 1991, 1 establishment.

Vitseroelstraat 66, 1740 Ternat 025831610

Behind the company: Philippe Vanderhasselt, VDH Invest & Management BV.

Active for

35 year, 3 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Shrinking team NBB

    FTE fell two years in a row, from 38.9 to 33.2.

Financials

Financial year 2025

TRANSPORT VANDERHASSELT MICHEL from Ternat, company number BE0444278014, closed financial year 2025 with a result of € 752,908 after tax. For that financial year TRANSPORT VANDERHASSELT MICHEL recorded a gross margin of € 3.2 million and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 296,137 to € 752,908. 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 January 9, 2026.

What it is worth Growing

€ 3.5 million

▲ 24% vs 2024

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

Profit Growing

€ 752,908

▲ 154% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 563,619

▲ 243% vs 2024

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

Where the profit goes Pays out

€ 75,000 paid out

10 % of the profit went to the shareholders, mostly to VDH INVEST & MANAGEMENT (99 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

33.2

▼ 3.5 vs 2024

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

Wage cost

€ 1.9 million

▼ 2% vs 2024

€ 57,700 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.

Vehicles and equipment

€ 2.7 million

▲ 196% vs 2024

Of which on lease € 2.6 million.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 2.8 million

▲ 122% vs 2024

€ 690,975 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 634,743

▲ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 316,386

▲ 68% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 2,696,719 € 2,972,817 € 3,046,907 € 3,236,824 ▲ 6%
Profit after taxes € 68,322 € 351,755 € 296,137 € 752,908 ▲ 154%
Equity € 2,163,953 € 2,515,708 € 2,811,845 € 3,489,753 ▲ 24%
Total debts € 2,450,646 € 2,426,347 € 2,065,418 € 3,877,267 ▲ 88%
Cash € 185,636 € 123,826 € 164,178 € 563,619 ▲ 243%
Land & buildings € 96,105 € 90,011 € 83,918 € 77,824 ▼ 7%
Retained profit € 2,101,953 € 2,453,708 € 2,749,845 € 3,427,753 ▲ 25%
Dividend € 0 € 0 € 0 € 75,000
Bank debt € 1,649,571 € 1,616,955 € 1,265,736 € 2,815,692 ▲ 122%
Balance sheet total € 4,614,599 € 4,942,056 € 4,877,263 € 7,367,020 ▲ 51%
Employees (FTE) 44 38.9 36.7 33.2 ▼ 3.5

Key figures of TRANSPORT VANDERHASSELT MICHEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to TRANSPORT VANDERHASSELT MICHEL?

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

  • New annual accounts for financial year 2025: profit of € 752,908 (▲ 154% vs 2024). Source: NBB ↗
  • Philippe Vanderhasselt became a director. NBB
  • VDH Invest & Management BV became a director. NBB
  • New establishment in Ternat. KBO
  • Start of the company according to the CBE. KBO

In short

From € 68,322 profit in 2022 to € 752,908 profit in 2025.

Paid € 289,184 in corporate taxes since 2022.

Best year ever: 2025, with € 752,908 profit.

On average € 97,500 of value added per employee in 2025.

Management

The stake of VDH INVEST & MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TRANSPORT VANDERHASSELT MICHEL

Behind TRANSPORT VANDERHASSELT MICHEL are Philippe Vanderhasselt and VDH Invest & Management BV. The shares are held by VDH INVEST & MANAGEMENT (99.2%).

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Directors

According to the 2025 annual accounts

Philippe Vanderhasselt

Director

Also active at: ISOCOM TRANSPORT, VAN RIJCKEGHEM TRANSPORT, Trans JP Martens, MILKTRANS

since 2021

VDH Invest & Management BV

Managing director · represented by Vanderhasselt MICHEL

Also active at: ISOCOM TRANSPORT, SPORTSTAL VANDERHASSELT, VAN RIJCKEGHEM TRANSPORT, Trans JP Martens, MILKTRANS

since 2021

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vitseroelstraat 66

1740 Ternat

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

Details

Company number
0444.278.014
VAT number
BE 0444.278.014
Registered office
Vitseroelstraat 66, 1740 Ternat
Names & denominations
TRANSPORT VANDERHASSELT MICHEL
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
24 May 1991
Peppol
Active · Active since 17 Nov 2025
Contact
025831610
Activities · NACE

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Frequently asked questions

What does TRANSPORT VANDERHASSELT MICHEL do?
TRANSPORT VANDERHASSELT MICHEL is a road haulage company in Ternat. Public Limited, started on 24 May 1991, 1 establishment.
What is the address of TRANSPORT VANDERHASSELT MICHEL?
The registered office of TRANSPORT VANDERHASSELT MICHEL is located at Vitseroelstraat 66, 1740 Ternat.
Is TRANSPORT VANDERHASSELT MICHEL still active?
Yes. According to the CBE (19 September 2026) TRANSPORT VANDERHASSELT MICHEL is active, legal situation “Normale toestand”, started on 24 May 1991.
Is TRANSPORT VANDERHASSELT MICHEL registered on Peppol?
Yes, TRANSPORT VANDERHASSELT MICHEL is registered on the Peppol network with ID 0208:0444278014.
What is the enterprise number of TRANSPORT VANDERHASSELT MICHEL?
The enterprise number of TRANSPORT VANDERHASSELT MICHEL is BE0444278014.
When was TRANSPORT VANDERHASSELT MICHEL founded?
TRANSPORT VANDERHASSELT MICHEL was founded on 24 May 1991.