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.
€ 3.5 million
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 752,908
▲ 154% vs 2024
Profit after tax over the fiscal year.
€ 563,619
▲ 243% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 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
33.2
▼ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 2.7 million
▲ 196% vs 2024
Of which on lease € 2.6 million.
Debts at end 2025
€ 2.8 million
▲ 122% vs 2024
€ 690,975 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 634,743
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 316,386
▲ 68% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 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.
A new publication or filing at TRANSPORT VANDERHASSELT MICHEL? We notify you, reason included.
Follow TRANSPORT VANDERHASSELT MICHELDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
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 MICHELBehind TRANSPORT VANDERHASSELT MICHEL are Philippe Vanderhasselt and VDH Invest & Management BV. The shares are held by VDH INVEST & MANAGEMENT (99.2%).
Directors
According to the 2025 annual accounts
Philippe Vanderhasselt
Director
Also active at: ISOCOM TRANSPORT, VAN RIJCKEGHEM TRANSPORT, Trans JP Martens, MILKTRANS
since 2021
Managing director · represented by Vanderhasselt MICHEL
Also active at: ISOCOM TRANSPORT, SPORTSTAL VANDERHASSELT, VAN RIJCKEGHEM TRANSPORT, Trans JP Martens, MILKTRANS
since 2021
Shareholders
99.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vitseroelstraat 66
1740 Ternat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
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
Goederenvervoer over de weg