Active · per the CBE, 29 October 2026

DB-M Cargo

BE0840029106

Rechtspersoon Private limited company 1 establishment

DB-M Cargo is a road haulage company in Affligem. Private Limited, started on 6 October 2011, 1 establishment.

Schaapschuur 4 box 3, 1790 Affligem

Behind the company: David Michiels.

Active for

15 year

Warning lights

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

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 17 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

DB-M Cargo from Affligem, company number BE0840029106, closed financial year 2024 with a result of € -5,518 after tax. For that financial year DB-M Cargo recorded a gross margin of € 25,915 and equity of € 8,481. Compared with financial year 2023, the result moved from € -179 to € -5,518. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 11, 2025.

What it is worth Healthy

€ 8,481

▼ 39% vs 2023

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

Loss Caution

€ -5,518

▼ 2975 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 1,348

▼ 29% vs 2023

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 € -4,019.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 84,312

▼ 25% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 2 years to go

€ 70,024

▼ 31% vs 2023

€ 31,904 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 2,298

▲ 295% vs 2023

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

Taxes

€ 5,332

▼ 5% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 463 € 19,931 € 19,684 € 25,915 ▲ 32%
Profit after taxes € -15 € 4,093 € -179 € -5,518 ▼ € 5,339
Equity € 10,086 € 14,178 € 13,999 € 8,481 ▼ 39%
Total debts € 4,209 € 168,014 € 117,360 € 83,152 ▼ 29%
Cash € 2,969 € 2,047 € 1,904 € 1,348 ▼ 29%
Retained profit € -2,414 € 1,678 € 1,499 € -4,019 ▼ € 5,518
Bank debt € 0 € 130,487 € 100,800 € 70,024 ▼ 31%
Balance sheet total € 14,295 € 182,193 € 131,359 € 91,632 ▼ 30%

Key figures of DB-M Cargo, 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 DB-M Cargo?

What happened at DB-M Cargo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2024: loss of € 5,518. filed late Source: NBB ↗
  • New establishment in Affligem. KBO
  • David Michiels became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 15 loss in 2021 to € 5,518 loss in 2024.

Paid € 1,101 in corporate taxes since 2021.

Best year ever: 2022, with € 4,093 profit.

Management

David Michiels

Behind DB-M Cargo is David Michiels. David Michiels is also behind New Distribution Line.

Directors

According to the 2024 annual accounts

David Michiels

Director

Also active at: New Distribution Line

since 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Schaapschuur 4 box 3

1790 Affligem

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

Details

Company number
0840.029.106
VAT number
BE 0840.029.106
Registered office
Schaapschuur 4 bus 3, 1790 Affligem
Names & denominations
DB-M Cargo
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
6 October 2011
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Goederenvervoer over de weg

Andere vervoerondersteunende activiteiten

Postdiensten in het kader van de universele dienstverplichting

Opslag

Diensten in verband met vervoer te land

Frequently asked questions

What does DB-M Cargo do?
DB-M Cargo is a road haulage company in Affligem. Private Limited, started on 6 October 2011, 1 establishment.
What is the address of DB-M Cargo?
The registered office of DB-M Cargo is located at Schaapschuur 4 box 3, 1790 Affligem.
Is DB-M Cargo still active?
Yes. According to the CBE (29 October 2026) DB-M Cargo is active, legal situation “Normale toestand”, started on 6 October 2011.
Is DB-M Cargo registered on Peppol?
Yes, DB-M Cargo is registered on the Peppol network with ID 0208:0840029106.
What is the enterprise number of DB-M Cargo?
The enterprise number of DB-M Cargo is BE0840029106.
When was DB-M Cargo founded?
DB-M Cargo was founded on 6 October 2011.