What does KING BELGIUM do?

KING BELGIUM is a wholesaler in Rixensart. Public Limited, started on 10 February 1933, 2 establishments.

What is the address of KING BELGIUM?

The registered office of KING BELGIUM is located at Rue du Cerf 188 box A, 1332 Rixensart.

Is KING BELGIUM still active?

Yes. According to the CBE (29 October 2026) KING BELGIUM is active, legal situation “Normale toestand”, started on 10 February 1933.

Is KING BELGIUM registered on Peppol?

Yes, KING BELGIUM is registered on the Peppol network with ID 0208:0403542170.

What is the enterprise number of KING BELGIUM?

The enterprise number of KING BELGIUM is BE0403542170.

When was KING BELGIUM founded?

KING BELGIUM was founded on 10 February 1933.

Who are the directors of KING BELGIUM?

According to the 2025 annual accounts, the directors of KING BELGIUM are: Alberto Grau Garcia-Teran, George Tarratt, Werner Meuleman.

Is KING BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 February 1933; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did KING BELGIUM make in 2025?

KING BELGIUM posted a profit after taxes of € 4,854,878 in financial year 2025.

What is the revenue of KING BELGIUM?

In its most recent annual accounts (2025), KING BELGIUM reported revenue of € 56,351,108.

How much does an employee at KING BELGIUM earn?

The average wage cost per full-time employee at KING BELGIUM was € 84,000 in 2025: staff costs of € 6.5 million for 77.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does KING BELGIUM have?

According to the 2025 annual accounts, KING BELGIUM has 77.6 full-time equivalents (FTE).

Does KING BELGIUM have a website?

Yes, KING BELGIUM has a website at kingbelgium.be.

KING BELGIUM (Public Limited) - Rixensart - BE0403542170

Dossier KING BELGIUM, printed on 29 October 2026 from databakkes.be/en/0403542170/king-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

KING BELGIUM from Rixensart, company number BE0403542170, closed financial year 2025 with a result of € 4.9 million after tax. For that financial year KING BELGIUM recorded revenue of € 56.4 million and equity of € 29.1 million. Compared with financial year 2024, the result moved from € 333,753 to € 4.9 million. Profitable, and profit is growing. 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 July 16, 2026.

What it is worth Healthy

€ 29.1 million

▼ 16% vs 2024

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

Profit Growing

€ 4.9 million

▲ € 4.5 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1 million

▼ 88% vs 2024

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

Where the profit goes Pays out

€ 10.3 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

77.6

▼ 0.6 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 6.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 6.5 million

▼ 6% vs 2024

€ 84,000 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

€ 74,820

▲ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 434 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 17.1 million

▲ 169% vs 2024

€ 14,557 is repaid this year. At this pace the long-term loan is gone in ≈ 434 years.

Owed to suppliers

€ 10.6 million

▼ 9% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 87 days on average.

Taxes and wages

€ 1.7 million

▼ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 54,709,329 Revenue 2022: € 54,709,329 First fiscal year in the series	€ 59,091,712 Revenue 2023: € 59,091,712 ▲ 8% vs 2022 (€ 54,709,329) Favourable step	€ 61,306,181 Revenue 2024: € 61,306,181 ▲ 4% vs 2023 (€ 59,091,712) Favourable step	€ 56,351,108 Revenue 2025: € 56,351,108 ▼ 8% vs 2024 (€ 61,306,181) Unfavourable step	▼ 8%
Profit after taxes	€ 3,663,595 Profit after taxes 2022: € 3,663,595 First fiscal year in the series	€ 3,835,559 Profit after taxes 2023: € 3,835,559 ▲ 5% vs 2022 (€ 3,663,595) Favourable step	€ 333,753 Profit after taxes 2024: € 333,753 ▼ 91% vs 2023 (€ 3,835,559) Unfavourable step	€ 4,854,878 Profit after taxes 2025: € 4,854,878 ▲ € 4.5 million vs 2024 (€ 333,753) Favourable step	▲ € 4.5 million
Equity	€ 15,678,834 Equity 2022: € 15,678,834 First fiscal year in the series	€ 39,514,393 Equity 2023: € 39,514,393 ▲ 152% vs 2022 (€ 15,678,834) Favourable step	€ 34,548,146 Equity 2024: € 34,548,146 ▼ 13% vs 2023 (€ 39,514,393) Unfavourable step	€ 29,140,527 Equity 2025: € 29,140,527 ▼ 16% vs 2024 (€ 34,548,146) Unfavourable step	▼ 16%
Total debts	€ 62,069,752 Total debts 2022: € 62,069,752 First fiscal year in the series	€ 28,166,964 Total debts 2023: € 28,166,964 ▼ 55% vs 2022 (€ 62,069,752) Favourable step	€ 28,388,762 Total debts 2024: € 28,388,762 ▲ 1% vs 2023 (€ 28,166,964) Unfavourable step	€ 42,841,093 Total debts 2025: € 42,841,093 ▲ 51% vs 2024 (€ 28,388,762) Unfavourable step	▲ 51%
Cash	€ 8,180,641 Cash 2022: € 8,180,641 First fiscal year in the series	€ 7,722,879 Cash 2023: € 7,722,879 ▼ 6% vs 2022 (€ 8,180,641) Unfavourable step	€ 8,577,446 Cash 2024: € 8,577,446 ▲ 11% vs 2023 (€ 7,722,879) Favourable step	€ 1,003,862 Cash 2025: € 1,003,862 ▼ 88% vs 2024 (€ 8,577,446) Unfavourable step	▼ 88%
Land & buildings	€ 168,598 Land & buildings 2022: € 168,598 First fiscal year in the series	€ 220,654 Land & buildings 2023: € 220,654 ▲ 31% vs 2022 (€ 168,598) Unchanged	€ 200,132 Land & buildings 2024: € 200,132 ▼ 9% vs 2023 (€ 220,654) Unchanged	€ 315,223 Land & buildings 2025: € 315,223 ▲ 58% vs 2024 (€ 200,132) Unchanged	▲ 58%
Retained profit	€ 8,301,138 Retained profit 2022: € 8,301,138 First fiscal year in the series	€ 12,136,697 Retained profit 2023: € 12,136,697 ▲ 46% vs 2022 (€ 8,301,138) Favourable step	€ 7,170,450 Retained profit 2024: € 7,170,450 ▼ 41% vs 2023 (€ 12,136,697) Unfavourable step	€ 1,762,831 Retained profit 2025: € 1,762,831 ▼ 75% vs 2024 (€ 7,170,450) Unfavourable step	▼ 75%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 5,300,000 Dividend 2024: € 5,300,000 Unchanged (€ 0) Unchanged	€ 10,262,498 Dividend 2025: € 10,262,498 ▲ 94% vs 2024 (€ 5,300,000) Unchanged	▲ 94%
Bank debt	€ 44,897,362 Bank debt 2022: € 44,897,362 First fiscal year in the series	€ 10,114,866 Bank debt 2023: € 10,114,866 ▼ 77% vs 2022 (€ 44,897,362) Favourable step	€ 6,362,802 Bank debt 2024: € 6,362,802 ▼ 37% vs 2023 (€ 10,114,866) Favourable step	€ 17,099,225 Bank debt 2025: € 17,099,225 ▲ 169% vs 2024 (€ 6,362,802) Unfavourable step	▲ 169%
Balance sheet total	€ 77,934,586 Balance sheet total 2022: € 77,934,586 First fiscal year in the series	€ 67,867,357 Balance sheet total 2023: € 67,867,357 ▼ 13% vs 2022 (€ 77,934,586) Unchanged	€ 63,122,908 Balance sheet total 2024: € 63,122,908 ▼ 7% vs 2023 (€ 67,867,357) Unchanged	€ 72,167,619 Balance sheet total 2025: € 72,167,619 ▲ 14% vs 2024 (€ 63,122,908) Unchanged	▲ 14%
Employees (FTE)	75.8 Employees (FTE) 2022: 75.8 First fiscal year in the series	78.7 Employees (FTE) 2023: 78.7 ▲ 2.9 vs 2022 (75.8) Unchanged	78.2 Employees (FTE) 2024: 78.2 ▼ 0.5 vs 2023 (78.7) Unchanged	77.6 Employees (FTE) 2025: 77.6 ▼ 0.6 vs 2024 (78.2) Unchanged	▼ 0.6

Key figures of KING 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 KING BELGIUM?

What happened at KING BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Alberto Grau Garcia-Teran stepped down as director. NBB
2030 George Tarratt stepped down as director. NBB
2026 Werner Meuleman stepped down as director. NBB
Jul 16, 2026 New annual accounts for financial year 2025: profit of € 4.9 million (▲ € 4.5 million vs 2024). Source: NBB ↗
2024 Alberto Grau Garcia-Teran became a director. NBB
2024 George Tarratt became a director. NBB
2024 Werner Meuleman became a director. NBB
Jul 29, 2008 New establishment in Willebroek. KBO

In short

From € 3.7 million profit in 2022 to € 4.9 million profit in 2025.

Paid € 4.4 million in corporate taxes since 2022.

Best year ever: 2025, with € 4.9 million profit.

Paid out € 15.6 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

KING BELGIUM

Varia-Pack 100%

Ets Glorieux SA 100%

It owns 100% of Varia-Pack and 100% of Ets Glorieux SA itself.

Directors

According to the 2025 annual accounts

Alberto Grau Garcia-Teran

Director

since 2024 · until 2030

George Tarratt

Director

since 2024 · until 2030

Werner Meuleman

Managing director

since 2024 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Cerf 188 box A

1332 Rixensart

2.173.220.464

Kersdonk 7

2830 Willebroek

Active since 29 July 2008

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

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

Website

HTTPS kingbelgium.be

Canonical: https://www.kingbelgium.be

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Email provider

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Hosting

GOOGLE-CLOUD-PLATFORM - Google LLC, US

Website info

HTTPS Ja

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Security

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Details

Company number

0403.542.170

VAT number

BE 0403.542.170

Registered office

Rue du Cerf 188 bus A, 1332 Rixensart

Names & denominations

KING BELGIUM · K.B.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 February 1933

Peppol

Active · Active since 27 Nov 2024

Contact

kingbelgium.be [email protected] +3226550333

Activities · NACE

Groothandel in andere intermediaire producten, neg

Groothandel in andere machines en werktuigen, neg

Groothandel in farmaceutische en medische artikelen

Groothandel in andere machines en werktuigen, n.e.g.

Groothandel in andere consumentenartikelen, neg

View on CBE Public ↗ Annual accounts (NBB) ↗