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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ANTRECO from Antwerpen, company number BE0433178739, closed financial year 2025 with a result of € 363,909 after tax. For that financial year ANTRECO recorded a gross margin of € 4 million and equity of € 5.8 million. Compared with financial year 2024, the result moved from € 135,220 to € 363,909. 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 10, 2026.
€ 5.8 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 363,909
▲ 169% vs 2024
Profit after tax over the fiscal year.
€ 103,058
▼ 54% 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 € 5.7 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 89,157
▲ 4% vs 2024
€ 89,200 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.
€ 9.6 million
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3 million
▼ 28% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 810,412
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,817
▲ 136% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,658,482 | € 3,076,214 | € 3,550,710 | € 3,991,352 | ▲ 12% |
| Profit after taxes | € 783,063 | € 435,434 | € 135,220 | € 363,909 | ▲ 169% |
| Equity | € 4,911,368 | € 5,346,802 | € 5,482,022 | € 5,845,932 | ▲ 7% |
| Total debts | € 9,186,278 | € 7,336,668 | € 7,936,599 | € 6,401,847 | ▼ 19% |
| Cash | € 2,475,650 | € 273,586 | € 221,808 | € 103,058 | ▼ 54% |
| Land & buildings | € 246 | € 0 | - | - | |
| Retained profit | € 4,753,368 | € 5,188,802 | € 5,324,022 | € 5,687,932 | ▲ 7% |
| Dividend | € 600,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 7,034,167 | € 5,494,279 | € 4,145,140 | € 2,986,571 | ▼ 28% |
| Balance sheet total | € 14,103,863 | € 12,683,470 | € 13,418,622 | € 12,318,482 | ▼ 8% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of ANTRECO, 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 ANTRECO?
What happened at ANTRECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lucart BV stepped down as director. NBB
- Zuidnatie Holding NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 363,909 (▲ 169% vs 2024). Source: NBB ↗
- Lucart BV became a director. NBB
- Zuidnatie Holding NV became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 783,063 profit in 2022 to € 363,909 profit in 2025.
Paid € 547,947 in corporate taxes since 2022.
Best year ever: 2022, with € 783,063 profit.
On average € 4 million of value added per employee in 2025.
Management
The stake of ZUIDNATIE HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ANTRECOThe shares are held by ZUIDNATIE HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Stephanie Feys
Also active at: ZUIDNATIE BEHEER, Zuidnatie, ZUIDNATIE HOLDING, FLATRACO, BELGIAN CONTAINER MAINTENANCE & REPAIR, Zuidnatie Transport Services, ANTWERP RAILHOUSE, ZUIDNATIE BREAKBULK +1 more
since 2025 · until 2030
Managing director · represented by Paul Feys
Also active at: ZUIDNATIE BEHEER, Zuidnatie, ALLROUND FORWARDING & LOGISTICS, BELGIAN CONTAINER MAINTENANCE & REPAIR, Zuidnatie Transport Services, ZUIDNATIE BREAKBULK
since 2025 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Antwerpsebaan 1
2040 Antwerpen
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 →ZUIDNATIE BEHEER same network
€ 117,810 revenue · 2025
Zuidnatie same network
€ 48.6 million revenue · 2025
ZUIDNATIE HOLDING same network
€ 3.3 million revenue · 2025
FLATRACO same network
€ 13,497 gross margin · 2025
BELGIAN CONTAINER MAINTENANCE & REPAIR same network
€ 12.3 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
- 0433.178.739
- VAT number
- BE 0433.178.739
- Registered office
- Antwerpsebaan 1, 2040 Antwerpen
- Names & denominations
- ANTRECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 1988
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vrachtbehandeling in zeehavens
Overige vrachtbehandeling
Goederenvervoer over de weg
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Logistieke diensten
Overige vrachtbehandeling, exclusief in zeehavens
Opslag
Verhuur en lease van vrachtwagens
+1