Warning lights
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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Figures corrected NBB
Corrected annual account filed for 2022.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GHENT TRANSPORT AND STORAGE from Gent, company number BE0426723586, closed financial year 2025 with a result of € 27.1 million after tax. For that financial year GHENT TRANSPORT AND STORAGE recorded revenue of € 27.3 million and equity of € 85.6 million. Compared with financial year 2024, the result moved from € 7 million to € 27.1 million. 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 July 28, 2026.
€ 85.6 million
▲ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27.1 million
▲ 285% vs 2024
Profit after tax over the fiscal year.
€ 2.3 million
▲ € 1.8 million 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 € 81.5 million.
People and assets in 2025
14.4
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 2% vs 2024
€ 82,800 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.
€ 4.8 million
▼ 25% vs 2024
Of which on lease € 3 million.
Debts at end 2025
€ 4.6 million
▲ 22% vs 2024
€ 2.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3.6 million
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 128 days on average.
€ 862,201
▲ 193% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 22,499,482 | € 22,466,126 | € 23,866,895 | € 27,265,016 | ▲ 14% |
| Profit after taxes | € 6,560,613 | € 4,441,284 | € 7,043,136 | € 27,142,196 | ▲ 285% |
| Equity | € 47,148,080 | € 51,534,463 | € 58,519,101 | € 85,604,894 | ▲ 46% |
| Total debts | € 4,657,245 | € 10,592,946 | € 26,086,752 | € 16,669,670 | ▼ 36% |
| Cash | € 11,626,854 | € 763,801 | € 515,863 | € 2,276,743 | ▲ € 1.8 million |
| Land & buildings | € 6,470,008 | € 5,962,957 | € 5,627,749 | € 5,275,229 | ▼ 6% |
| Retained profit | € 43,057,837 | € 47,444,220 | € 54,428,858 | € 81,514,651 | ▲ 50% |
| Bank debt | € 0 | € 0 | € 3,764,298 | € 4,600,637 | ▲ 22% |
| Balance sheet total | € 54,205,325 | € 64,527,409 | € 87,297,520 | € 104,903,731 | ▲ 20% |
| Employees (FTE) | 13.1 | 14.1 | 14.8 | 14.4 | ▼ 0.4 |
Key figures of GHENT TRANSPORT AND STORAGE, 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 GHENT TRANSPORT AND STORAGE?
What happened at GHENT TRANSPORT AND STORAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27.1 million (▲ 285% vs 2024). Source: NBB ↗
- Molens Sint Martinus NV stepped down as director. NBB
- Ecosearch BV stepped down as director. NBB
- New establishment in Gent. KBO
- Molens Sint Martinus NV became a director. NBB
- Ecosearch BV became a director. NBB
- New establishment in Gent. KBO
- New establishment in Gent. KBO
In short
From € 6.6 million profit in 2022 to € 27.1 million profit in 2025.
Paid € 7.9 million in corporate taxes since 2022.
Best year ever: 2025, with € 27.1 million profit.
Pays suppliers within 128 days on average.
Management
The stake of ECOSEARCH, MOLENS SINT MARTINUS - MOULINS SINT MARTIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GHENT TRANSPORT AND STORAGEThe shares are held by ECOSEARCH (50%) and MOLENS SINT MARTINUS - MOULINS SINT MARTIN (50%). It owns 100% of SEAL - SHared Infrastructure & Services, 100% of Kluizendok Tank Terminal, 100% of Lynx Terminals, 80% of Ghent Renewables, 50% of Kingfisher Holding and 50% of Aether Renewable Chemicals itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Yves Bienfet
Also active at: Agricultural Trading Agency International, NEGOTIE en VALORISATIE van MATERIALEN, MILLS & MOORE
since 2023 · until 2026
Managing director · represented by Michel Vande Voorde
Also active at: Agricultural Trading Agency International, NEGOTIE en VALORISATIE van MATERIALEN
since 2023 · until 2026
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Christoffel Columbuslaan 35
9042 Gent
Henri Farmanstraat 41
9000 Gent
Active since 18 December 1984
Christoffel Columbuslaan 17
9042 Gent
Active since 15 March 2006
James Cookstraat 10
9042 Gent
Active since 25 March 2022
Christoffel Columbuslaan 25
9042 Gent
Active since 24 October 2022
Christoffel Columbuslaan 35 box B
9042 Gent
Active since 15 November 2022
Christoffel Columbuslaan 31
9042 Gent
Active since 15 November 2022
Christoffel Columbuslaan 27
9042 Gent
Active since 1 August 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Agricultural Trading Agency International same network
€ 774,965 gross margin · 2025
Douglas Terminals FinCo
Douglas Terminals
€ 14 million revenue · 2025
Lynx Terminals same network
€ 27,024 gross margin · 2025
Ghent Renewables same network
€ 6.8 million revenue · 2025
+5 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
- 0426.723.586
- VAT number
- BE 0426.723.586
- Registered office
- Christoffel Columbuslaan 35, 9042 Gent
- Names & denominations
- GHENT TRANSPORT AND STORAGE · G.T.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1984
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Vrachtbehandeling in zeehavens
Opslag
Overige vrachtbehandeling, exclusief in zeehavens
Logistieke diensten
Overige vervoerondersteunende activiteiten