What does HORECA LOGISTIC SERVICES WEST do?

HORECA LOGISTIC SERVICES WEST is a wholesaler in Deerlijk. Public Limited, started on 20 December 1983, 2 establishments.

What is the address of HORECA LOGISTIC SERVICES WEST?

The registered office of HORECA LOGISTIC SERVICES WEST is located at Diesveldstraat 24, 8540 Deerlijk.

Is HORECA LOGISTIC SERVICES WEST still active?

Yes. According to the CBE (29 October 2026) HORECA LOGISTIC SERVICES WEST is active, legal situation “Normale toestand”, started on 20 December 1983.

Is HORECA LOGISTIC SERVICES WEST registered on Peppol?

Yes, HORECA LOGISTIC SERVICES WEST is registered on the Peppol network with ID 0208:0424952743.

What is the enterprise number of HORECA LOGISTIC SERVICES WEST?

The enterprise number of HORECA LOGISTIC SERVICES WEST is BE0424952743.

When was HORECA LOGISTIC SERVICES WEST founded?

HORECA LOGISTIC SERVICES WEST was founded on 20 December 1983.

Who are the directors of HORECA LOGISTIC SERVICES WEST?

According to the 2025 annual accounts, the directors of HORECA LOGISTIC SERVICES WEST are: PAUL HAELTERMAN, MICHEL HAELTERMAN.

Is HORECA LOGISTIC SERVICES WEST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 December 1983; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did HORECA LOGISTIC SERVICES WEST make in 2025?

HORECA LOGISTIC SERVICES WEST posted a profit after taxes of € 688,659 in financial year 2025.

What is the revenue of HORECA LOGISTIC SERVICES WEST?

In its most recent annual accounts (2025), HORECA LOGISTIC SERVICES WEST reported revenue of € 21,052,198.

How much does an employee at HORECA LOGISTIC SERVICES WEST earn?

The average wage cost per full-time employee at HORECA LOGISTIC SERVICES WEST was € 61,800 in 2025: staff costs of € 2.3 million for 38 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does HORECA LOGISTIC SERVICES WEST have?

According to the 2025 annual accounts, HORECA LOGISTIC SERVICES WEST has 38 full-time equivalents (FTE).

HORECA LOGISTIC SERVICES WEST (Public Limited) - Deerlijk

Dossier HORECA LOGISTIC SERVICES WEST, printed on 29 October 2026 from databakkes.be/en/0424952743/horeca-logistic-services-west. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

HORECA LOGISTIC SERVICES WEST from Deerlijk, company number BE0424952743, closed financial year 2025 with a result of € 688,659 after tax. For that financial year HORECA LOGISTIC SERVICES WEST recorded revenue of € 21.1 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 407,213 to € 688,659. 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 19, 2026.

What it is worth Growing

€ 4.6 million

▲ 18% vs 2024

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

Profit Growing

€ 688,659

▲ 69% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1 million

▲ 78% 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 € 4.4 million.

People and assets in 2025

Full-time equivalents

▼ 5.1 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.3 million

▼ 10% vs 2024

€ 61,800 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

€ 1.3 million

▲ 68% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 994,898

▲ 61% vs 2024

€ 252,135 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 3.3 million

▼ 15% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.

Taxes and wages

€ 318,143

▼ 27% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 11,927,280 Revenue 2022: € 11,927,280 First fiscal year in the series	€ 19,800,780 Revenue 2023: € 19,800,780 ▲ 66% vs 2022 (€ 11,927,280) Favourable step	€ 20,937,344 Revenue 2024: € 20,937,344 ▲ 6% vs 2023 (€ 19,800,780) Favourable step	€ 21,052,198 Revenue 2025: € 21,052,198 ▲ 1% vs 2024 (€ 20,937,344) Favourable step	▲ 1%
Profit after taxes	€ 257,527 Profit after taxes 2022: € 257,527 First fiscal year in the series	€ 292,587 Profit after taxes 2023: € 292,587 ▲ 14% vs 2022 (€ 257,527) Favourable step	€ 407,213 Profit after taxes 2024: € 407,213 ▲ 39% vs 2023 (€ 292,587) Favourable step	€ 688,659 Profit after taxes 2025: € 688,659 ▲ 69% vs 2024 (€ 407,213) Favourable step	▲ 69%
Equity	€ 3,062,218 Equity 2022: € 3,062,218 First fiscal year in the series	€ 3,354,805 Equity 2023: € 3,354,805 ▲ 10% vs 2022 (€ 3,062,218) Favourable step	€ 3,869,121 Equity 2024: € 3,869,121 ▲ 15% vs 2023 (€ 3,354,805) Favourable step	€ 4,561,746 Equity 2025: € 4,561,746 ▲ 18% vs 2024 (€ 3,869,121) Favourable step	▲ 18%
Total debts	€ 3,285,571 Total debts 2022: € 3,285,571 First fiscal year in the series	€ 4,123,831 Total debts 2023: € 4,123,831 ▲ 26% vs 2022 (€ 3,285,571) Unfavourable step	€ 4,959,641 Total debts 2024: € 4,959,641 ▲ 20% vs 2023 (€ 4,123,831) Unfavourable step	€ 4,637,821 Total debts 2025: € 4,637,821 ▼ 6% vs 2024 (€ 4,959,641) Favourable step	▼ 6%
Cash	€ 1,184,951 Cash 2022: € 1,184,951 First fiscal year in the series	€ 802,299 Cash 2023: € 802,299 ▼ 32% vs 2022 (€ 1,184,951) Unfavourable step	€ 561,902 Cash 2024: € 561,902 ▼ 30% vs 2023 (€ 802,299) Unfavourable step	€ 1,001,693 Cash 2025: € 1,001,693 ▲ 78% vs 2024 (€ 561,902) Favourable step	▲ 78%
Retained profit	€ 2,962,218 Retained profit 2022: € 2,962,218 First fiscal year in the series	€ 3,254,805 Retained profit 2023: € 3,254,805 ▲ 10% vs 2022 (€ 2,962,218) Favourable step	€ 3,662,018 Retained profit 2024: € 3,662,018 ▲ 13% vs 2023 (€ 3,254,805) Favourable step	€ 4,350,676 Retained profit 2025: € 4,350,676 ▲ 19% vs 2024 (€ 3,662,018) Favourable step	▲ 19%
Bank debt	€ 111,676 Bank debt 2022: € 111,676 First fiscal year in the series	€ 80,459 Bank debt 2023: € 80,459 ▼ 28% vs 2022 (€ 111,676) Favourable step	€ 616,873 Bank debt 2024: € 616,873 ▲ € 536,414 vs 2023 (€ 80,459) Unfavourable step	€ 994,898 Bank debt 2025: € 994,898 ▲ 61% vs 2024 (€ 616,873) Unfavourable step	▲ 61%
Balance sheet total	€ 6,347,789 Balance sheet total 2022: € 6,347,789 First fiscal year in the series	€ 7,478,636 Balance sheet total 2023: € 7,478,636 ▲ 18% vs 2022 (€ 6,347,789) Unchanged	€ 8,828,762 Balance sheet total 2024: € 8,828,762 ▲ 18% vs 2023 (€ 7,478,636) Unchanged	€ 9,212,392 Balance sheet total 2025: € 9,212,392 ▲ 4% vs 2024 (€ 8,828,762) Unchanged	▲ 4%
Employees (FTE)	28.2 Employees (FTE) 2022: 28.2 First fiscal year in the series	42.6 Employees (FTE) 2023: 42.6 ▲ 14.4 vs 2022 (28.2) Unchanged	43.1 Employees (FTE) 2024: 43.1 ▲ 0.5 vs 2023 (42.6) Unchanged	38 Employees (FTE) 2025: 38 ▼ 5.1 vs 2024 (43.1) Unchanged	▼ 5.1

Key figures of HORECA LOGISTIC SERVICES WEST, 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 SERVICES WEST?

What happened at HORECA LOGISTIC SERVICES WEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 PAUL HAELTERMAN stepped down as director. NBB
2028 MICHEL HAELTERMAN stepped down as director. NBB
Jun 19, 2026 New annual accounts for financial year 2025: profit of € 688,659 (▲ 69% vs 2024). Source: NBB ↗
Oct 1, 2022 New establishment in Oostende. KBO
2022 PAUL HAELTERMAN became a director. NBB
2022 MICHEL HAELTERMAN became a director. NBB
Jan 1, 1984 New establishment in Deerlijk. KBO
Dec 20, 1983 Start of the company according to the CBE. KBO

In short

From € 257,527 profit in 2022 to € 688,659 profit in 2025.

Paid € 441,224 in corporate taxes since 2022.

Best year ever: 2025, with € 688,659 profit.

Pays suppliers within 62 days on average.

Original PDFs at the National Bank ↗

Management

HORECA LOGISTIC SERVICE 100%

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

HORECA LOGISTIC SERVICES WEST

The shares are held by HORECA LOGISTIC SERVICE (100%).

Directors

According to the 2025 annual accounts

PAUL HAELTERMAN

Director

since 2022 · until 2028

MICHEL HAELTERMAN

Managing director

since 2022 · until 2028

Shareholders

HORECA LOGISTIC SERVICE

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Diesveldstraat 24

8540 Deerlijk

2.335.878.972

Biekorfstraat 8H

8400 Oostende

Active since 1 October 2022

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

Details

Company number

0424.952.743

VAT number

BE 0424.952.743

Registered office

Diesveldstraat 24, 8540 Deerlijk

Names & denominations

HORECA LOGISTIC SERVICES WEST · HLS WEST

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

20 December 1983

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Groothandel in dranken, algemeen assortiment

Groothandel in dranken

View on CBE Public ↗ Annual accounts (NBB) ↗