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.
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Shrinking team NBB
FTE fell two years in a row, from 35.3 to 27.1.
Financials
Financial year 2024
NAXCO BELGIUM from Antwerpen, company number BE0404520880, closed financial year 2024 with a result of € -17,503 after tax. For that financial year NAXCO BELGIUM recorded revenue of € 21.1 million and equity of € 740,088. Compared with financial year 2023, the result moved from € -66,377 to € -17,503. 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 May 20, 2025.
€ 740,088
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,503
▲ 74 % less loss than in 2023
Profit after tax over the fiscal year.
€ 12,144
▼ 87% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 454,088.
People and assets in 2024
27.1
▼ 5.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▼ 17% vs 2023
€ 84,500 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.
€ 13,365
▼ 34% vs 2023
Of which on lease € 12,936.
Debts at end 2024
€ 13,113
▼ 35% vs 2023
€ 5,453 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4.4 million
▲ 79% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 84 days on average.
€ 1.2 million
▲ 172% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 28,918,820 | € 41,596,160 | € 19,260,715 | € 21,130,097 | ▲ 10% |
| Profit after taxes | € 139,735 | € 577,345 | € -66,377 | € -17,503 | ▲ € 48,874 |
| Equity | € 246,623 | € 823,968 | € 757,591 | € 740,088 | ▼ 2% |
| Total debts | € 9,168,870 | € 5,766,119 | € 3,914,844 | € 5,818,594 | ▲ 49% |
| Cash | € 238,495 | € 1,598,338 | € 90,828 | € 12,144 | ▼ 87% |
| Land & buildings | - | € 1,549 | - | - | |
| Retained profit | € -39,377 | € 537,968 | € 471,591 | € 454,088 | ▼ 4% |
| Bank debt | € 15,008 | € 230,914 | € 20,058 | € 13,113 | ▼ 35% |
| Balance sheet total | € 9,425,320 | € 6,599,915 | € 4,682,263 | € 6,568,510 | ▲ 40% |
| Employees (FTE) | 20.7 | 35.3 | 32.3 | 27.1 | ▼ 5.2 |
Key figures of NAXCO BELGIUM, 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 NAXCO BELGIUM?
What happened at NAXCO BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NAXCO SERVICES SAS stepped down as director. NBB
- JAN SPRUYT stepped down as director. NBB
- SDM CONSULTING & DEVELOPMENT BV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 17,503. Source: NBB ↗
- NAXCO SERVICES SAS became a director. NBB
- JAN SPRUYT became a director. NBB
- SDM CONSULTING & DEVELOPMENT BV became a director. NBB
- New establishment in Machelen (Brab.). KBO
In short
From € 139,735 profit in 2021 to € 17,503 loss in 2024.
Paid € 366,421 in corporate taxes since 2021.
Best year ever: 2022, with € 577,345 profit.
Pays suppliers within 84 days on average.
A new publication or filing at NAXCO BELGIUM? We notify you, reason included.
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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 stake of De Keyser Thornton Naxco (Belgium) comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NAXCO BELGIUMThe shares are held by De Keyser Thornton Naxco (Belgium) (44%). It owns 0.1% of Trimar itself.
Directors
According to the 2024 annual accounts
NAXCO SERVICES SAS
Director · represented by Patrick Bryon
Also active at: De Keyser Thornton Naxco (Belgium), United Antwerp Maritime Agencies, TRIMAR, International Maritime Port Services
since 2025 · until 2031
since 2025 · until 2031
SDM CONSULTING & DEVELOPMENT BV
Managing director · represented by Sven De Meester
Also active at: De Keyser Thornton Naxco (Belgium), United Antwerp Maritime Agencies, TRIMAR, International Maritime Port Services
since 2025 · until 2031
Shareholders
Participations
0.1%
Establishments
Establishment units
Physical locations of this company
Brouwersvliet 25
2000 Antwerpen
Bedrijvenzone Machelen-Cargo 733
1830 Machelen (Brab.)
Active since 1 December 2021
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
HETZNER-AS, DE
Website info
Features
Security
Network
Details
- Company number
- 0404.520.880
- VAT number
- BE 0404.520.880
- Registered office
- Brouwersvliet 25, 2000 Antwerpen
- Names & denominations
- NAXCO BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1948
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- naxcobelgium.be
- Activities · NACE
Logistieke diensten
Expeditiekantoren
Douaneagentschappen
Overige vervoerondersteunende activiteiten