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 83.5 to 67.9.
Financials
Financial year 2025
GXO Logistics Chemicals Belgium from Welkenraedt, company number BE0402469331, closed financial year 2025 with a result of € 737,465 after tax. For that financial year GXO Logistics Chemicals Belgium recorded revenue of € 9.3 million and equity of € 7.6 million. Compared with financial year 2024, the result moved from € 5.1 million to € 737,465. The company is profitable. 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 July 22, 2026.
€ 7.6 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 737,465
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 382,518
▲ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 6.9 million.
People and assets in 2025
67.9
▼ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▼ 16% vs 2024
€ 46,900 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.
€ 14,775
▲ € 13,775 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.1 million
▲ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 75 days on average.
€ 1.6 million
▲ 229% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 35,376,919 | € 12,908,568 | € 9,483,433 | € 9,294,352 | ▼ 2% |
| Profit after taxes | € -3,082,664 | € 461,510 | € 5,078,341 | € 737,465 | ▼ 85% |
| Equity | € 1,297,122 | € 1,758,679 | € 6,837,020 | € 7,574,485 | ▲ 11% |
| Total debts | € 12,225,659 | € 6,197,379 | € 1,349,229 | € 2,858,158 | ▲ 112% |
| Cash | € 6,061,916 | € 379,854 | € 195,296 | € 382,518 | ▲ 96% |
| Land & buildings | € 92,435 | € 438,991 | € 346,751 | € 265,320 | ▼ 23% |
| Retained profit | € 670,122 | € 1,131,679 | € 6,210,020 | € 6,947,485 | ▲ 12% |
| Balance sheet total | € 17,095,617 | € 7,956,058 | € 8,186,249 | € 10,432,643 | ▲ 27% |
| Employees (FTE) | 179.5 | 83.5 | 70 | 67.9 | ▼ 2.1 |
Key figures of GXO Logistics Chemicals Belgium, 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 GXO Logistics Chemicals Belgium?
What happened at GXO Logistics Chemicals Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benedict Saelen stepped down as director. NBB
- Bouke Laskewitz stepped down as director. NBB
- Wilhelmus Johannes Mattheus Veekens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 737,465 (▼ 85% vs 2024). Source: NBB ↗
- Benedict Saelen became a director. NBB
- Richard Cawston stepped down as director. NBB
- Bouke Laskewitz became a director. NBB
- Wilhelmus Johannes Mattheus Veekens became a director. NBB
In short
From € 3.1 million loss in 2022 to € 737,465 profit in 2025.
Paid € 422,902 in corporate taxes since 2022.
Best year ever: 2024, with € 5.1 million profit.
Pays suppliers within 75 days on average.
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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 shares are held by GXO Logistics Belgium NV (100%).
Directors
According to the 2025 annual accounts
Bouke Laskewitz
Director
since 2024 · until 2030
Wilhelmus Johannes Mattheus Veekens
Director
since 2023 · until 2029
Benedict Saelen
Director
since 2026 · until 2032
Richard Cawston
Managing director
Also active at: GXO Logistics Belgium, GXO LOGISTICS ANTWERP BELGIUM, SUPPLIES DISTRIBUTORS, GXO LOGISTICS SERVICES BELGIUM
since 2018 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Industrie 14
4840 Welkenraedt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
F5, FR
Domain
Domain
xpo.com
Registered
1995-06-23
Registrar
MarkMonitor Inc.
Expires
2026-05-16
Website info
Features
Security
Details
- Company number
- 0402.469.331
- VAT number
- BE 0402.469.331
- Registered office
- Rue de l'Industrie 14, 4840 Welkenraedt
- Names & denominations
- GXO Logistics Chemicals Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- xpo.com 087/899111
- Activities · NACE
Overige opslag
Opslag
Logistieke diensten
Douaneagentschappen
Overige vervoerondersteunende activiteiten
Goederenvervoer over de weg
Overige vrachtbehandeling, exclusief in zeehavens
Expeditiekantoren
+2