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 31.4 to 25.7.
-
Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RIGA TERMINALS from Antwerpen, company number BE0404752888, closed financial year 2025 with a result of € 209,148 after tax. For that financial year RIGA TERMINALS recorded a gross margin of € 2.2 million and equity of € 15,966. Compared with financial year 2024, the result moved from € -171,443 to € 209,148. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 15,966
▲ € 209,148 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 209,148
▲ still € 171,443 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -46,034.
People and assets in 2025
25.7
▼ 4.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 11% vs 2024
€ 74,200 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.
€ 144,197
▲ 16% 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.
€ 178,395
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 473,173
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,723,668 | € 2,468,675 | € 2,479,082 | € 2,223,075 | ▼ 10% |
| Profit after taxes | € 98,047 | € -98,452 | € -171,443 | € 209,148 | ▲ € 380,592 |
| Equity | € 138,620 | € -21,739 | € -193,183 | € 15,966 | ▲ € 209,148 |
| Total debts | € 1,669,176 | € 814,111 | € 652,878 | € 651,595 | |
| Cash | € 774 | € 650 | - | - | |
| Land & buildings | € 0 | € 0 | € 0 | € 0 | |
| Retained profit | € 76,620 | € -83,739 | € -255,183 | € -46,034 | ▲ € 209,148 |
| Dividend | € 0 | € 61,908 | € 0 | € 0 | |
| Balance sheet total | € 2,260,634 | € 1,694,485 | € 1,811,083 | € 2,018,225 | ▲ 11% |
| Employees (FTE) | 33.8 | 31.4 | 30.6 | 25.7 | ▼ 4.9 |
Key figures of RIGA TERMINALS, 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 RIGA TERMINALS?
What happened at RIGA TERMINALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gunther DE BEUKELAER stepped down as director. NBB
- Robert VAN DE VONDEL stepped down as director. NBB
- AE&S BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 209,148. Source: NBB ↗
- AE&S BV became a director. NBB
- Gunther DE BEUKELAER became a director. NBB
- Robert VAN DE VONDEL became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 98,047 profit in 2022 to € 209,148 profit in 2025.
Paid € 144,965 in corporate taxes since 2022.
Best year ever: 2025, with € 209,148 profit.
On average € 86,500 of value added per employee in 2025.
Management
The stake of Seaport Terminals Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RIGA TERMINALSThe shares are held by Seaport Terminals Belgium (100%).
Directors
According to the 2025 annual accounts
Gunther DE BEUKELAER
Director
Also active at: SIMON SMITS NATIE BEHEER, TRANSCOLLI, VERDEBEU, Container Transport Harbour
since 2021 · until 2027
Robert VAN DE VONDEL
Director
Also active at: KATOEN NATIE KEMPEN, TEVECO, Katoen Natie Trucking, VALKENIERSNATIE STORAGE, TRANSCOLLI, RIGA TRANS, EDWARD T. ROBERTSON (BELGIUM), TRANSPORT JOOSEN +7 more
since 2021 · until 2027
Director · represented by Steven Van Daele
Also active at: TEVECO, VALKENIERSNATIE STORAGE, TRANSCOLLI, Valkeniersnatie, EDWARD T. ROBERTSON (BELGIUM), Katoen Natie Haventransport, COTTERELL COMMODITIES INTERNATIONAL, H.D. COTTERELL +8 more
since 2023 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Luithagen-Haven 9
2030 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →TEVECO same network
€ 1.5 million revenue · 2025
Katoen Natie Trucking same network
€ 14.5 million revenue · 2025
VALKENIERSNATIE STORAGE same network
€ 56.7 million revenue · 2025
Mexico Natie
€ 12.7 million revenue · 2025
Valkeniersnatie same network
€ 43.1 million revenue · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.752.888
- VAT number
- BE 0404.752.888
- Registered office
- Luithagen-Haven 9, 2030 Antwerpen
- Names & denominations
- RIGA TERMINALS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 1947
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Expeditiekantoren
Logistieke diensten
Vrachtbehandeling in zeehavens
Overige vervoerondersteunende activiteiten