Financials
Financial year 2025
Worth noting
- A loss two years in a row.
- The team shrank two years in a row.
Revenue
€ 106.6 million
▲ 10% vs 2024
Profit
Caution€ -1.2 million
▲ 1% vs 2024
Debts
Low€ 17.4 million
▼ 9% vs 2024
DISTEEL from Gent, company number BE0401546445, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year DISTEEL recorded revenue of € 106.6 million and equity of € 15.3 million. Compared with financial year 2024, the result moved from € -1.2 million to € -1.2 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
What happened at DISTEEL?
What happened at DISTEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- AMDS Holding Belgium NV stepped down as director. NBB
- Paul TETTEROO stepped down as director. NBB
- Michael TIMMERMANS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.2 million. Source: NBB ↗
- Paul TETTEROO became a director. NBB
- AMDS Holding Belgium NV became a director. NBB
- Michael TIMMERMANS became a director. NBB
- New establishment in Gent. KBO
In short
From € 11.4 million profit in 2021 to € 1.2 million loss in 2025.
Paid € 1.8 million in corporate taxes since 2021.
Best year ever: 2021, with € 11.4 million profit.
Pays suppliers within 45 days on average.
A new publication or filing at DISTEEL? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by AMDS Holding Belgium (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jorgen Spietael
Also active at: ArcelorMittal ESP, INDUSTEEL Belgium, ArcelorMittal Steel Service Centres Liège +3 more
since 2022 · until 2028
Paul TETTEROO
Chairman of the board
since 2024 · until 2028
Michael TIMMERMANS
Director
since 2019 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 106
9032 Gent
Rue Gabriel de Moriamé(ML) 20
5020 Namur
Active since 1 November 1945
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.546.445
- VAT number
- BE 0401.546.445
- Registered office
- Industrieweg 106, 9032 Gent
- Names & denominations
- DISTEEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1923
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
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