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.
€ 1.1 million
▲ 60% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 429,705
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 325,137
▲ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.1 million.
People and assets in 2025
13.6
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 32,318
▼ 32% vs 2024
Of which on lease € 30,389.
Debts at end 2025
€ 30,429
▼ 59% vs 2024
€ 7,580 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 384,402
▲ € 289,363 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 172,585
▲ 83% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 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 COLDSTOREThe shares are held by FRABER LOGISTICS (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2030
Michael Meyers
Director
since 2025 · until 2031
Director · represented by Bernard Van Colenberghe
Also active at: Transport Herve, FRABER LOGISTICS, VANCO BELGIUM
since 2024 · until 2025
Rai Hardip
Managing director
Also active at: Transport Herve, FRABER LOGISTICS, NORTHFREEZE, DE NOORDRIJ, NORTRAFFIC FOOD SERVICE, NORTRAFFIC
since 2024 · until 2025
Director · represented by Frank Van Colenberghe
Also active at: Transport Herve, FRABER LOGISTICS, VANCO BELGIUM
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Waalstraat 250
9870 Zulte
Begoniastraat 19
9810 Nazareth-De Pinte
Active since 1 January 1977
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
- Contact
- hervecoldstore.be [email protected]
- Activities · NACE
Opslag
Goederenvervoer over de weg