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 86.4 to 61.9.
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Busy address KBO
53 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
UPS SCS (Belgium) NV from Antwerpen, company number BE0406685465, closed financial year 2025 with a result of € 499,912 after tax. For that financial year UPS SCS (Belgium) NV recorded revenue of € 26.6 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 393,271 to € 499,912. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 499,912
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 7.2 million
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
100 % of the profit went to the shareholders, mostly to UPS Logistics Group International B.V. (100 % of the shares). That is where the money ends up.
People and assets in 2025
61.9
▼ 12 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.7 million
▼ 16% vs 2024
€ 108,100 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.
€ 178,702
▼ 14% 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.
€ 6.4 million
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 115 days on average.
€ 2 million
▲ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 75,906,134 | € 43,725,272 | € 27,823,237 | € 26,597,603 | ▼ 4% |
| Profit after taxes | € 424,638 | € 328,711 | € 393,271 | € 499,912 | ▲ 27% |
| Equity | € 5,362,153 | € 2,990,865 | € 2,984,135 | € 2,984,047 | |
| Total debts | € 12,150,531 | € 9,179,266 | € 9,204,713 | € 10,005,860 | ▲ 9% |
| Cash | € 3,226,084 | € 6,343,915 | € 6,296,269 | € 7,167,567 | ▲ 14% |
| Retained profit | € 2,792,691 | € 421,402 | € 414,672 | € 414,584 | |
| Dividend | € 0 | € 2,700,000 | € 400,000 | € 500,000 | ▲ 25% |
| Balance sheet total | € 17,512,685 | € 12,170,130 | € 12,188,848 | € 12,989,907 | ▲ 7% |
| Employees (FTE) | 85.5 | 86.4 | 73.9 | 61.9 | ▼ 12 |
Key figures of UPS SCS (Belgium) NV, 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 UPS SCS (Belgium) NV?
What happened at UPS SCS (Belgium) NV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michiel De Jong stepped down as director. NBB
- Andrew Sleiman stepped down as director. NBB
- Daniel Carrera Garcia stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 499,912 (▲ 27% vs 2024). Source: NBB ↗
- Andrew Sleiman became a director. NBB
- Raoul Stewardson stepped down as director. NBB
- Raoul Stewardson became a director. NBB
- Daniel Carrera Garcia became a director. NBB
In short
From € 424,638 profit in 2022 to € 499,912 profit in 2025.
Paid € 908,451 in corporate taxes since 2022.
Best year ever: 2025, with € 499,912 profit.
Paid out € 3.6 million in dividends to the owners in total.
Management
The shares are held by UPS Logistics Group International B.V. (100%) and UPS Logistics Group International Inc. (0%).
Directors
According to the 2025 annual accounts
Michiel De Jong
Director
since 2019 · until 2032
Andrew Sleiman
Director
since 2026 · until 2032
since 2021 · until 2027
since 2022 · until 2025
Shareholders
UPS Logistics Group International B.V.
100%
UPS Logistics Group International Inc.
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Noorderlaan 147
2030 Antwerpen
Bedrijvenzone Machelen-Cargo 714
1830 Machelen (Brab.)
Active since 5 April 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.
All companies at this address →Machtelynck Th. et Fils
€ 1.4 million gross margin · 2025
RÖHLIG BELGIUM
€ 709,149 gross margin · 2025
ArcelorMittal Logistics Belgium
€ 351 million revenue · 2024
Wasserij Nova
€ 228,989 gross margin · 2025
Société Anversoise de Transport d'Industrie et de Commerce
€ 24.4 million revenue · 2025
+48 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
- 0406.685.465
- VAT number
- BE 0406.685.465
- Registered office
- Noorderlaan 147, 2030 Antwerpen
- Names & denominations
- UPS SCS (Belgium) NV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 1969
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Logistieke diensten
Expeditiekantoren
Overige posterijen en koeriers
Overige vervoerondersteunende activiteiten