Financials
Financial year 2025
GHENT HANDLING AND DISTRIBUTION from Gent, company number BE0430119477, closed financial year 2025 with a result of € 8.6 million after tax. For that financial year GHENT HANDLING AND DISTRIBUTION recorded revenue of € 117.1 million and equity of € 129.3 million. Compared with financial year 2024, the result moved from € 6.2 million to € 8.6 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 7, 2026.
€ 129.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.6 million
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 3,293
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5.9 million paid out
69 % of the profit went to the shareholders, mostly to Katoen Natie International S.A. (100 % of the shares). That is where the money ends up.
People and assets in 2025
532.7
▲ 22.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 28.4 million
▲ 9% vs 2024
€ 53,300 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.
€ 571,894
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 22.5 million
Loans from banks and other lenders, long and short.
€ 14.2 million
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 71 days on average.
€ 5.1 million
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 81,135,473 | € 97,614,933 | € 100,450,301 | € 117,147,637 | ▲ 17% |
| Profit after taxes | € -480,120 | € 6,064,488 | € 6,191,213 | € 8,594,758 | ▲ 39% |
| Equity | € 119,685,264 | € 125,749,752 | € 126,601,407 | € 129,299,691 | ▲ 2% |
| Total debts | € 49,144,109 | € 42,886,647 | € 42,610,787 | € 42,756,087 | |
| Cash | € 43,785 | € 4,266 | € 4,310 | € 3,293 | ▼ 24% |
| Land & buildings | € 17,678,972 | € 29,444,595 | € 31,039,193 | € 27,427,235 | ▼ 12% |
| Retained profit | € 82,369,971 | € 88,434,459 | € 89,286,113 | € 91,984,398 | ▲ 3% |
| Dividend | € 9,303,568 | € 0 | € 5,339,558 | € 5,896,473 | ▲ 10% |
| Bank debt | € 23,267,294 | € 22,828,840 | € 22,500,000 | € 22,500,000 | |
| Balance sheet total | € 169,069,132 | € 168,874,025 | € 169,519,024 | € 172,126,710 | ▲ 2% |
| Employees (FTE) | 499.3 | 500 | 509.9 | 532.7 | ▲ 22.8 |
Key figures of GHENT HANDLING AND DISTRIBUTION, 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 HANDLING AND DISTRIBUTION?
What happened at GHENT HANDLING AND DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BENFRA BV stepped down as director. NBB
- METILUS BV stepped down as director. NBB
- MIDOLYM BV stepped down as director. NBB
- Condottiere BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 8.6 million (▲ 39% vs 2024). Source: NBB ↗
- Condottiere BV became a director. NBB
- BENFRA BV became a director. NBB
- METILUS BV became a director. NBB
In short
From € 480,120 loss in 2022 to € 8.6 million profit in 2025.
Paid € 4.9 million in corporate taxes since 2022.
Best year ever: 2025, with € 8.6 million profit.
Paid out € 20.5 million in dividends to the owners in total.
Management
The shares are held by Katoen Natie International S.A. (100%).
Directors
According to the 2025 annual accounts
since 2022 · until 2027
Director · represented by JOOST VANDERPLAETSEN
Also active at: Katoen Natie Koersel, SABEEN, GENERAL SERVICES ANTWERP
since 2021 · until 2027
since 2021 · until 2027
since 2023 · until 2027
Shareholders
Katoen Natie International S.A.
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mai Zetterlingstraat 70
9042 Gent
Skaldenstraat 102
9042 Gent
Active since 16 January 1987
Eddastraat 32
9042 Gent
Active since 28 September 2015
Fritiof Nilsson Piratenstraat 10
9042 Gent
Active since 1 August 2017
Skaldenstraat 142
9042 Gent
Active since 1 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →INFORMATION TECHNOLOGY GROUP
€ 3.1 million revenue · 2025
SABEEN same network
€ 4 million gross margin · 2025
CAR LOGISTICS BRUSSELS
TRANSPORT & SUPPLY CHAIN SERVICES CENTER
€ 19.4 million revenue · 2025
BENTELER AUTOMOTIVE BELGIUM
€ 74.1 million revenue · 2025
+3 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
- 0430.119.477
- VAT number
- BE 0430.119.477
- Registered office
- Mai Zetterlingstraat 70, 9042 Gent
- Names & denominations
- GHENT HANDLING AND DISTRIBUTION · G.H.D
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1986
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Opslag
Goederenvervoer over de weg
Overige opslag
Reparatie en onderhoud van consumentenartikelen, neg
Overige reparaties, n.e.g.