Active · per the CBE, 29 October 2026
HERVE COLDSTORE logo

HERVE COLDSTORE

BE0416588175

Rechtspersoon Public limited company 2 establishments

HERVE COLDSTORE is a warehousing company in Zulte. Public Limited, started on 29 November 1976, 2 establishments.

Oude Waalstraat 250, 9870 Zulte hervecoldstore.be [email protected]

Active for

49 year, 11 months

Financials

Financial year 2025

HERVE COLDSTORE from Zulte, company number BE0416588175, closed financial year 2025 with a result of € 429,705 after tax. For that financial year HERVE COLDSTORE recorded a gross margin of € 1.5 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 345,485 to € 429,705. Profitable, and profit is growing. 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 June 25, 2026.

What it is worth Growing

€ 1.1 million

▲ 60% vs 2024

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

Profit Growing

€ 429,705

▲ 24% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 325,137

▲ 95% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.1 million.

People and assets in 2025

Full-time equivalents

13.6

▲ 0.6 vs 2024

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

Wage cost

€ 705,232

▲ 8% vs 2024

€ 51,900 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.

Vehicles and equipment

€ 32,318

▼ 32% vs 2024

Of which on lease € 30,389.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 30,429

▼ 59% vs 2024

€ 7,580 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 384,402

▲ € 289,363 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 172,585

▲ 83% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,100,997 € 1,520,820 € 1,380,803 € 1,528,584 ▲ 11%
Profit after taxes € 310,905 € 704,057 € 345,485 € 429,705 ▲ 24%
Equity € 363,149 € 367,206 € 712,691 € 1,142,396 ▲ 60%
Total debts € 1,101,537 € 1,126,835 € 684,877 € 666,347 ▼ 3%
Cash € 162,859 € 214,053 € 166,754 € 325,137 ▲ 95%
Land & buildings € 507,227 € 443,197 € 380,432 € 327,209 ▼ 14%
Retained profit € 301,149 € 305,206 € 650,691 € 1,080,396 ▲ 66%
Dividend € 300,000 € 700,000 € 0 € 0
Bank debt € 213,366 € 93,110 € 74,120 € 30,429 ▼ 59%
Balance sheet total € 1,464,687 € 1,494,041 € 1,397,568 € 1,808,743 ▲ 29%
Employees (FTE) 9.3 9.7 13 13.6 ▲ 0.6

Key figures of HERVE COLDSTORE, 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 HERVE COLDSTORE?

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

  • Michael Meyers stepped down as director. NBB
  • Elizabeth Gildea stepped down as director. NBB
  • De Meimeersen nv stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 429,705 (▲ 24% vs 2024). Source: NBB ↗
  • Michael Meyers became a director. NBB
  • De Drie Essen nv stepped down as director. NBB
  • Elizabeth Gildea became a director. NBB
  • Rai Hardip stepped down as director. NBB

In short

From € 310,905 profit in 2022 to € 429,705 profit in 2025.

Paid € 283,024 in corporate taxes since 2022.

Best year ever: 2023, with € 704,057 profit.

On average € 112,400 of value added per employee in 2025.

Management

The stake of FRABER LOGISTICS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

HERVE COLDSTORE

The shares are held by FRABER LOGISTICS (100%).

Directors

According to the 2025 annual accounts

Elizabeth Gildea

Managing director

Also active at: Transport Herve, FRABER LOGISTICS

since 2025 · until 2030

Michael Meyers

Director

since 2025 · until 2031

De Drie Essen nv

Director · represented by Bernard Van Colenberghe

Also active at: Transport Herve, FRABER LOGISTICS, VANCO BELGIUM

since 2024 · until 2025

since 2024 · until 2025

De Meimeersen nv

Director · represented by Frank Van Colenberghe

Also active at: Transport Herve, FRABER LOGISTICS, VANCO BELGIUM

since 2024 · until 2030

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oude Waalstraat 250

9870 Zulte

2.012.897.676

Begoniastraat 19

9810 Nazareth-De Pinte

Active since 1 January 1977

2.238.210.662

Waalstraat 290

9870 Zulte

Active since 1 December 2014

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

Details

Company number
0416.588.175
VAT number
BE 0416.588.175
Registered office
Oude Waalstraat 250, 9870 Zulte
Names & denominations
HERVE COLDSTORE
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
29 November 1976
Peppol
Active · Active since 21 Oct 2026
Activities · NACE

Opslag

Goederenvervoer over de weg

Frequently asked questions

What does HERVE COLDSTORE do?
HERVE COLDSTORE is a warehousing company in Zulte. Public Limited, started on 29 November 1976, 2 establishments.
What is the address of HERVE COLDSTORE?
The registered office of HERVE COLDSTORE is located at Oude Waalstraat 250, 9870 Zulte.
Is HERVE COLDSTORE still active?
Yes. According to the CBE (29 October 2026) HERVE COLDSTORE is active, legal situation “Normale toestand”, started on 29 November 1976.
Is HERVE COLDSTORE registered on Peppol?
Yes, HERVE COLDSTORE is registered on the Peppol network with ID 0208:0416588175.
What is the enterprise number of HERVE COLDSTORE?
The enterprise number of HERVE COLDSTORE is BE0416588175.
When was HERVE COLDSTORE founded?
HERVE COLDSTORE was founded on 29 November 1976.