Financials
Financial year 2025
TERMINAL ATHUS from Aubange, company number BE0419149074, closed financial year 2025 with a result of € 554,088 after tax. For that financial year TERMINAL ATHUS recorded revenue of € 35.2 million and equity of € 19.2 million. Compared with financial year 2023, the result moved from € 1.7 million to € 554,088. The company is profitable. 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.
€ 19.2 million
▲ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 554,088
▼ 67% vs 2023
Profit after tax over the fiscal year.
€ 6.7 million
▲ 5% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 600,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
50.8
▲ 3.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4.1 million
▲ 1% vs 2023
€ 81,300 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.
€ 9.6 million
▼ 12% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.1 million
▼ 18% vs 2023
€ 714,200 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 3.1 million
▲ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 783,745
▲ 17% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,678,448 | € 28,640,265 | € 31,066,305 | € 35,200,068 | ▲ 13% |
| Profit after taxes | € 2,824,036 | € 954,820 | € 1,674,482 | € 554,088 | ▼ 67% |
| Equity | € 17,566,189 | € 17,921,009 | € 18,587,491 | € 19,204,790 | ▲ 3% |
| Total debts | € 14,963,083 | € 14,404,092 | € 13,263,680 | € 12,179,767 | ▼ 8% |
| Cash | € 13,244,660 | € 12,384,401 | € 6,343,485 | € 6,654,351 | ▲ 5% |
| Land & buildings | € 2,337 | € 2,337 | € 2,337 | € 2,337 | |
| Retained profit | € 16,790,079 | € 17,144,899 | € 17,811,382 | € 18,428,680 | ▲ 3% |
| Dividend | € 810,000 | € 600,000 | € 1,008,000 | € 600,000 | ▼ 40% |
| Bank debt | € 10,320,143 | € 9,526,802 | € 8,692,704 | € 7,142,000 | ▼ 18% |
| Balance sheet total | € 33,025,004 | € 32,902,331 | € 32,575,260 | € 31,712,631 | ▼ 3% |
| Employees (FTE) | 47.1 | 49.8 | 47.6 | 50.8 | ▲ 3.2 |
Key figures of TERMINAL ATHUS, fiscal years 2021 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 TERMINAL ATHUS?
What happened at TERMINAL ATHUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JOHAN GEMELS stepped down as director. NBB
- SOGEPARLUX S.A. stepped down as director. NBB
- Société Nationale des Chemins de Fer Belges (S.N.C.B.) stepped down as director. NBB
- COFINPAR S.A. stepped down as director. NBB
- SDC PLOYT stepped down as director. NBB
- STIC S.A.R.L stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 554,088 (▼ 67% vs 2023). Source: NBB ↗
- JOHAN GEMELS became a director. NBB
In short
From € 2.8 million profit in 2021 to € 554,088 profit in 2025.
Paid € 2.1 million in corporate taxes since 2021.
Best year ever: 2021, with € 2.8 million profit.
Paid out € 3 million in dividends to the owners in total.
Management
The shares are held by SNCB NMBS (25.4%), COFINPAR SCA (25%), STAR CONTAINER SERVICES BV (18.3%), SDC PLOYT (15%), SOGEPARLUX SCA (14.6%) and STIC S.A.R.L (1.7%). It owns TCA Rail SA itself.
Directors
According to the 2025 annual accounts
JOHAN GEMELS
Chairman of the board
since 2026 · until 2029
Director · represented by FABIAN COLLARD
Holds a stake via TERMINAL ATHUS SA
Also active at: ENoRa, SOGEXFI, LUXEMBOURG DEVELOPPEMENT EUROPE DEUX, TCA RAIL, Société de Participation dans le Secteur de l'Energie Renouvelable, LUXEMBOURG DEVELOPPEMENT, ELICIO BASTOGNE, LUXEMBOURG DEVELOPPEMENT EUROPE TROIS
since 2026 · until 2029
Société Nationale des Chemins de Fer Belges (S.N.C.B.)
Director · represented by GILLES GUSTIN
Holds a stake via TERMINAL ATHUS SA
Also active at: BUREAU CENTRAL DE CLEARING
since 2026 · until 2029
Director · represented by Laurent COLLIN
Holds a stake via TERMINAL ATHUS SA
Also active at: SONAMA, IMMOLUX, Groupe B.C.L., COVALUX, COVIMPORT, ARELIMMO, IMMO - EURO - LUX, GARAGE DE WACHTER et FILS S.A. +9 more
since 2026 · until 2029
since 2026 · until 2029
STIC S.A.R.L
Director · represented by FRANCK CASOLA
Holds a stake via TERMINAL ATHUS SA
since 2026 · until 2029
Shareholders
25.4%
25%
STAR CONTAINER SERVICES BV
18.3%
15%
14.6%
STIC S.A.R.L
1.7%
TERMINAL ATHUS SA · holding of STIC S.A.R.L
Participations
Establishments
Establishment units
Physical locations of this company
Rue du Terminal - ATHUS 13
6791 Aubange
Oudeleeuwenrui 39/V2
2000 Antwerpen
Active since 1 March 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0419.149.074
- VAT number
- BE 0419.149.074
- Registered office
- Rue du Terminal - ATHUS 13, 6791 Aubange
- Names & denominations
- TERMINAL ATHUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 1979
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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