STOREX is a warehousing company in Wevelgem. Public Limited, started on 29 March 1985, 1 establishment.

What is the address of STOREX?

The registered office of STOREX is located at Drieslaan 4, 8560 Wevelgem.

Is STOREX still active?

Yes. According to the CBE (30 October 2026) STOREX is active, legal situation “Normale toestand”, started on 29 March 1985.

Is STOREX registered on Peppol?

Yes, STOREX is registered on the Peppol network with ID 0208:0427173449.

What is the enterprise number of STOREX?

The enterprise number of STOREX is BE0427173449.

When was STOREX founded?

STOREX was founded on 29 March 1985.

Who are the directors of STOREX?

According to the 2025 annual accounts, the directors of STOREX are: Martine VLIEGHE, Yves VANDECASTEELE.

Is STOREX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 March 1985; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did STOREX make in 2025?

STOREX posted a profit after taxes of € 49,594 in financial year 2025.

What is the revenue of STOREX?

In its most recent annual accounts (2025), STOREX reported revenue of € 3,990,449.

How many employees does STOREX have?

According to the 2025 annual accounts, STOREX has 0.8 full-time equivalents (FTE).

STOREX (Public Limited) - Wevelgem - BE0427173449

Dossier STOREX, printed on 30 October 2026 from databakkes.be/en/0427173449/storex. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

12 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

STOREX from Wevelgem, company number BE0427173449, closed financial year 2025 with a result of € 49,594 after tax. For that financial year STOREX recorded revenue of € 4 million and equity of € 14.3 million. Compared with financial year 2024, the result moved from € -1.1 million to € 49,594. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.

What it is worth Growing

€ 14.3 million

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

Profit Growing

€ 49,594

▲ still € 1.1 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 96,747

▲ 107% 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 € 12.6 million.

People and assets in 2025

Full-time equivalents

0.8

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: € 386,504 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 64,791

▼ 8% vs 2024

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

€ 113,738

▼ 33% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 734 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.

€ 19.1 million

▼ 19% vs 2024

€ 11,950 is repaid this year. At this pace the long-term loan is gone in ≈ 734 years.

Owed to suppliers

€ 146,014

▼ 81% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.

Taxes and wages

€ 89,899

▼ 1% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2023	2024	2025	Change 2024 → 2025
Revenue	€ 795,579 Revenue 2021: € 795,579 First fiscal year in the series	€ 2,061,478 Revenue 2023: € 2,061,478 ▲ 159% vs 2021 (€ 795,579) Favourable step	€ 4,598,903 Revenue 2024: € 4,598,903 ▲ 123% vs 2023 (€ 2,061,478) Favourable step	€ 3,990,449 Revenue 2025: € 3,990,449 ▼ 13% vs 2024 (€ 4,598,903) Unfavourable step	▼ 13%
Profit after taxes	€ 258,931 Profit after taxes 2021: € 258,931 First fiscal year in the series	€ 304,111 Profit after taxes 2023: € 304,111 ▲ 17% vs 2021 (€ 258,931) Favourable step	€ -1,060,788 Profit after taxes 2024: € -1,060,788 ▼ € 1.4 million vs 2023 (€ 304,111) Unfavourable step	€ 49,594 Profit after taxes 2025: € 49,594 ▲ € 1.1 million vs 2024 (€ -1,060,788) Favourable step	▲ € 1.1 million
Equity	€ 15,212,268 Equity 2021: € 15,212,268 First fiscal year in the series	€ 15,295,379 Equity 2023: € 15,295,379 ▲ 1% vs 2021 (€ 15,212,268) Favourable step	€ 14,234,591 Equity 2024: € 14,234,591 ▼ 7% vs 2023 (€ 15,295,379) Unfavourable step	€ 14,270,996 Equity 2025: € 14,270,996 Unchanged (€ 14,234,591) Favourable step
Total debts	€ 19,191,257 Total debts 2021: € 19,191,257 First fiscal year in the series	€ 17,956,943 Total debts 2023: € 17,956,943 ▼ 6% vs 2021 (€ 19,191,257) Favourable step	€ 31,813,308 Total debts 2024: € 31,813,308 ▲ 77% vs 2023 (€ 17,956,943) Unfavourable step	€ 28,772,759 Total debts 2025: € 28,772,759 ▼ 10% vs 2024 (€ 31,813,308) Favourable step	▼ 10%
Cash	€ 71,989 Cash 2021: € 71,989 First fiscal year in the series	€ 26,240 Cash 2023: € 26,240 ▼ 64% vs 2021 (€ 71,989) Unfavourable step	€ 46,846 Cash 2024: € 46,846 ▲ 79% vs 2023 (€ 26,240) Favourable step	€ 96,747 Cash 2025: € 96,747 ▲ 107% vs 2024 (€ 46,846) Favourable step	▲ 107%
Land & buildings	€ 15,513,888 Land & buildings 2021: € 15,513,888 First fiscal year in the series	€ 15,422,343 Land & buildings 2023: € 15,422,343 ▼ 1% vs 2021 (€ 15,513,888) Unchanged	€ 21,201,883 Land & buildings 2024: € 21,201,883 ▲ 37% vs 2023 (€ 15,422,343) Unchanged	€ 22,905,715 Land & buildings 2025: € 22,905,715 ▲ 8% vs 2024 (€ 21,201,883) Unchanged	▲ 8%
Retained profit	€ 13,334,554 Retained profit 2021: € 13,334,554 First fiscal year in the series	€ 13,638,665 Retained profit 2023: € 13,638,665 ▲ 2% vs 2021 (€ 13,334,554) Favourable step	€ 12,577,877 Retained profit 2024: € 12,577,877 ▼ 8% vs 2023 (€ 13,638,665) Unfavourable step	€ 12,627,471 Retained profit 2025: € 12,627,471 Unchanged (€ 12,577,877) Favourable step
Bank debt	€ 12,184,208 Bank debt 2021: € 12,184,208 First fiscal year in the series	€ 14,112,678 Bank debt 2023: € 14,112,678 ▲ 16% vs 2021 (€ 12,184,208) Unfavourable step	€ 23,410,728 Bank debt 2024: € 23,410,728 ▲ 66% vs 2023 (€ 14,112,678) Unfavourable step	€ 19,073,778 Bank debt 2025: € 19,073,778 ▼ 19% vs 2024 (€ 23,410,728) Favourable step	▼ 19%
Balance sheet total	€ 34,972,879 Balance sheet total 2021: € 34,972,879 First fiscal year in the series	€ 33,973,912 Balance sheet total 2023: € 33,973,912 ▼ 3% vs 2021 (€ 34,972,879) Unchanged	€ 46,744,408 Balance sheet total 2024: € 46,744,408 ▲ 38% vs 2023 (€ 33,973,912) Unchanged	€ 43,714,354 Balance sheet total 2025: € 43,714,354 ▼ 6% vs 2024 (€ 46,744,408) Unchanged	▼ 6%
Employees (FTE)	0.6 Employees (FTE) 2021: 0.6 First fiscal year in the series	0.3 Employees (FTE) 2023: 0.3 ▼ 0.3 vs 2021 (0.6) Unchanged	0.8 Employees (FTE) 2024: 0.8 ▲ 0.5 vs 2023 (0.3) Unchanged	0.8 Employees (FTE) 2025: 0.8 Unchanged (0.8) Unchanged

Key figures of STOREX, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to STOREX?

What happened at STOREX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Martine VLIEGHE stepped down as director. NBB
2028 Yves VANDECASTEELE stepped down as director. NBB
Jan 29, 2026 New annual accounts for financial year 2025: profit of € 49,594. Source: NBB ↗
2022 Martine VLIEGHE became a director. NBB
2022 Yves VANDECASTEELE became a director. NBB
Mar 29, 1985 New establishment in Wevelgem. KBO
Mar 29, 1985 Start of the company according to the CBE. KBO

In short

From € 258,931 profit in 2021 to € 49,594 profit in 2025.

Paid € 203,907 in corporate taxes since 2021.

Best year ever: 2023, with € 304,111 profit.

Pays suppliers within 18 days on average.

Original PDFs at the National Bank ↗

Management

STOREX

DISTRICOM 100%

MAGASTORE 100%

VACASTEL INVERSIONES SLU 100%

SPINNERIJKAAI 99.9%

It owns 100% of DISTRICOM, 100% of MAGASTORE, 100% of VACASTEL INVERSIONES SLU and 99.9% of SPINNERIJKAAI itself.

Directors

According to the 2025 annual accounts

Martine VLIEGHE

Director

Also active at: Castellins, TEX - CORPORATION, SPINNERIJKAAI, NovoFibre, Knok-Estate, STOREX BIS, STOREX TER, MOUSCRON-ESTATE

since 2022 · until 2028

Yves VANDECASTEELE

Director

Also active at: Castellins, TEX - CORPORATION, SPINNERIJKAAI, NovoFibre, Knok-Estate

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Drieslaan 4

8560 Wevelgem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.

All companies at this address →

Castellins same network

€ 49.1 million revenue · 2025

TEX - CORPORATION same network

€ 1.4 million revenue · 2025

SAN DESIGN

€ 6,168 gross margin · 2025

SPINNERIJKAAI same network

€ 199,041 revenue · 2025

LAURATEX

€ 3.1 million revenue · 2025

+7 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

0427.173.449

VAT number

BE 0427.173.449

Registered office

Drieslaan 4, 8560 Wevelgem

Names & denominations

STOREX

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 March 1985

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Opslag

Overige opslag

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Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

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Ontwikkeling van niet-residentiële bouwprojecten

Ontwikkeling van residentiële bouwprojecten

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

View on CBE Public ↗ Annual accounts (NBB) ↗

STOREX

Warning lights

Financials

What happened to STOREX?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions