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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HORECA LOGISTIC SERVICE from Ternat, company number BE0424179218, closed financial year 2025 with a result of € 1 million after tax. For that financial year HORECA LOGISTIC SERVICE recorded revenue of € 68.4 million and equity of € 19.5 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1 million. 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 19, 2026.
€ 19.5 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 3.8 million
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 379,170 paid out
37 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
159.5
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.6 million
▲ 4% vs 2024
€ 66,400 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.
€ 2.4 million
▲ 22% vs 2024
Of which on lease € 9,345.
Debts at end 2025
€ 2.3 million
▲ 39% vs 2024
€ 593,422 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 12.3 million
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.
€ 1.7 million
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 52,867,475 | € 58,651,889 | € 62,592,970 | € 68,388,443 | ▲ 9% |
| Profit after taxes | € 1,494,448 | € 450,707 | € 1,149,274 | € 1,038,211 | ▼ 10% |
| Equity | € 17,653,170 | € 17,849,877 | € 18,719,980 | € 19,490,091 | ▲ 4% |
| Total debts | € 11,634,622 | € 12,376,495 | € 14,702,661 | € 17,818,101 | ▲ 21% |
| Cash | € 3,870,136 | € 3,347,941 | € 5,658,905 | € 3,820,428 | ▼ 32% |
| Retained profit | € 13,014,177 | € 13,210,884 | € 14,080,987 | € 14,740,028 | ▲ 5% |
| Dividend | € 599,170 | € 254,000 | € 279,170 | € 379,170 | ▲ 36% |
| Bank debt | € 826,180 | € 1,420,744 | € 1,649,629 | € 2,297,164 | ▲ 39% |
| Balance sheet total | € 29,287,791 | € 30,226,372 | € 33,460,622 | € 37,375,790 | ▲ 12% |
| Employees (FTE) | 147.8 | 159 | 161 | 159.5 | ▼ 1.5 |
Key figures of HORECA LOGISTIC SERVICE, 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 HORECA LOGISTIC SERVICE?
What happened at HORECA LOGISTIC SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SADIMAT NV stepped down as director. NBB
- BEVERAGES MANAGEMENT CONSULTANTS NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million (▼ 10% vs 2024). Source: NBB ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- SADIMAT NV became a director. NBB
- BEVERAGES MANAGEMENT CONSULTANTS NV became a director. NBB
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.5 million profit in 2022 to € 1 million profit in 2025.
Paid € 867,492 in corporate taxes since 2022.
Best year ever: 2022, with € 1.5 million profit.
Paid out € 1.5 million in dividends to the owners in total.
Management
It owns 100% of PRODUITS ALIMENTAIRES D'ORIGINE, 100% of HORECA LOGISTIC SERVICES WEST NV and 0.2% of HORECA LOGISTIC SERVICES SUD SA itself.
Directors
According to the 2025 annual accounts
Director · represented by Paul Haelterman
Also active at: HORECA LOGISTICS SERVICES SUD, CARLSBERG IMPORTERS
since 2023 · until 2028
BEVERAGES MANAGEMENT CONSULTANTS NV
Managing director · represented by Michel Haelterman
Also active at: HORECA LOGISTICS SERVICES SUD, BELGIAN IMPORT BEVERAGE COMPANY, CARLSBERG IMPORTERS, IMPORTED PREMIUM BEVERAGES
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Industrielaan 16-20
1740 Ternat
Industrielaan 16 box 2
1740 Ternat
Active since 1 July 1983
Antwerpsesteenweg 330
2070 Beveren-Kruibeke-Zwijndrecht
Active since 3 March 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →DAMANI MANAGEMENT
€ 5,513 gross margin · 2025
VALUABLE SAVOURS COMPANY
€ 23.6 million revenue · 2025
TRANSPORT MANAGEMENT SERVICES
€ 1 million revenue · 2025
PRADO - PRODUITS ALIMENTAIRES D'ORIGINE same network
€ -1,733 gross margin · 2025
BEVERAGES CONSULTANT SERVICES
€ 155,286 gross margin · 2025
+13 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
- 0424.179.218
- VAT number
- BE 0424.179.218
- Registered office
- Industrielaan 16-20, 1740 Ternat
- Names & denominations
- HORECA LOGISTIC SERVICE · HORECA LOGISTIC SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1983
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in dranken
Groothandel in dranken, algemeen assortiment
Detailhandel in dranken, algemeen assortiment
Detailhandel in alcoholische en andere dranken