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 2024.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GOVERNMENT LOGISTICS from Antwerpen, company number BE0428724855, closed financial year 2025 with a result of € 142,779 after tax. For that financial year GOVERNMENT LOGISTICS recorded revenue of € 18.7 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 222,811 to € 142,779. 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 July 3, 2026.
€ 1.6 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 142,779
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 47,382
▲ € 43,087 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 € 1.5 million.
People and assets in 2025
51.9
▲ 8.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▲ 17% vs 2024
€ 74,800 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.3 million
▲ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.
€ 446,028
▼ 11% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 48,623,622 | € 20,061,584 | € 18,301,640 | € 18,658,483 | ▲ 2% |
| Profit after taxes | € 198,050 | € 117,948 | € 222,811 | € 142,779 | ▼ 36% |
| Equity | € 1,137,778 | € 1,255,725 | € 1,478,537 | € 1,621,315 | ▲ 10% |
| Total debts | € 6,275,065 | € 2,617,152 | € 1,937,872 | € 2,793,941 | ▲ 44% |
| Cash | € 298,290 | € 308,126 | € 4,296 | € 47,382 | ▲ € 43,087 |
| Retained profit | € 1,037,778 | € 1,155,725 | € 1,378,537 | € 1,521,315 | ▲ 10% |
| Dividend | € 107,100 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 7,412,843 | € 3,872,878 | € 3,416,408 | € 4,415,256 | ▲ 29% |
| Employees (FTE) | 26.9 | 37.6 | 43.7 | 51.9 | ▲ 8.2 |
Key figures of GOVERNMENT LOGISTICS, 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 GOVERNMENT LOGISTICS?
What happened at GOVERNMENT LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc SMET stepped down as director. NBB
- Timotheus NOPPEN stepped down as director. NBB
- Stephan GEURTS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 142,779 (▼ 36% vs 2024). Source: NBB ↗
- Marc SMET became a director. NBB
- Timotheus NOPPEN became a director. NBB
- Stephan GEURTS became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 198,050 profit in 2022 to € 142,779 profit in 2025.
Paid € 332,744 in corporate taxes since 2022.
Best year ever: 2024, with € 222,811 profit.
Paid out € 107,100 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GOSSELIN GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GOVERNMENT LOGISTICSThe shares are held by GOSSELIN GROUP (100%).
Directors
According to the 2025 annual accounts
Marc SMET
Managing director
Also active at: GOSSELIN TRANSPORT SERVICES, PASEC PORT, Delcatransport, HEAVY LIFTING+HANDLING, GOSSELIN FORWARDING SERVICES, WAREHOUSING & WAREHOUSE RELATED SERVICES BELGIUM, A. MEYS EN ZONEN N.V., F.H.L.R. MEYSINVEST +24 more
since 2025 · until 2030
since 2024 · until 2030
Stephan GEURTS
Director
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Belcrownlaan 23
2100 Antwerpen
Merksemsesteenweg 148
2100 Antwerpen
Active since 1 January 2014
Belcrownlaan 9
2100 Antwerpen
Active since 1 January 2014
Belcrownlaan 5-7
2100 Antwerpen
Active since 1 January 2014
Noorderlaan 115
2030 Antwerpen
Active since 5 October 2022
Belcrownlaan 2-4
2100 Antwerpen
Active since 14 February 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →GOSSELIN TRANSPORT SERVICES same network
€ 79,815 gross margin · 2025
WAREHOUSING & WAREHOUSE RELATED SERVICES BELGIUM same network
€ 23.5 million revenue · 2025
Custom(s) Made Clearance same network
€ 1.1 million gross margin · 2025
Gosselin Export Packers same network
€ 7,466 gross margin · 2025
Gosselin same network
€ 2.4 million revenue · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0428.724.855
- VAT number
- BE 0428.724.855
- Registered office
- Belcrownlaan 23, 2100 Antwerpen
- Names & denominations
- GOVERNMENT LOGISTICS · Gov Log
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 1986
- Peppol
- Active · Active since 24 Dec 2025
- Contact
- govlog.be [email protected]
- Activities · NACE
Logistieke diensten
Opslag
Overige activiteiten i.v.m. de organisatie van het vrachtvervoer
Overige vervoerondersteunende activiteiten
Overige zakelijke dienstverlening, neg