What does HORECA LOGISTICS SERVICES SUD do?

HORECA LOGISTICS SERVICES SUD is a wholesaler in Liège. Public Limited, started on 3 September 1991, 1 establishment.

What is the address of HORECA LOGISTICS SERVICES SUD?

The registered office of HORECA LOGISTICS SERVICES SUD is located at Avenue de l'Indépendance 33, 4020 Liège.

Is HORECA LOGISTICS SERVICES SUD still active?

Yes. According to the CBE (30 September 2026) HORECA LOGISTICS SERVICES SUD is active, legal situation “Normale toestand”, started on 3 September 1991.

Is HORECA LOGISTICS SERVICES SUD registered on Peppol?

Yes, HORECA LOGISTICS SERVICES SUD is registered on the Peppol network with ID 0208:0445028674.

What is the enterprise number of HORECA LOGISTICS SERVICES SUD?

The enterprise number of HORECA LOGISTICS SERVICES SUD is BE0445028674.

When was HORECA LOGISTICS SERVICES SUD founded?

HORECA LOGISTICS SERVICES SUD was founded on 3 September 1991.

Who are the directors of HORECA LOGISTICS SERVICES SUD?

According to the 2025 annual accounts, the directors of HORECA LOGISTICS SERVICES SUD are: SADIMAT NV, BEVERAGES MANAGEMENT CONSULTANTS NV.

Is HORECA LOGISTICS SERVICES SUD a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 September 1991; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did HORECA LOGISTICS SERVICES SUD make in 2025?

HORECA LOGISTICS SERVICES SUD posted a profit after taxes of € 342,739 in financial year 2025.

What is the revenue of HORECA LOGISTICS SERVICES SUD?

In its most recent annual accounts (2025), HORECA LOGISTICS SERVICES SUD reported revenue of € 17,091,520.

How much does an employee at HORECA LOGISTICS SERVICES SUD earn?

The average wage cost per full-time employee at HORECA LOGISTICS SERVICES SUD was € 66,900 in 2025: staff costs of € 2.5 million for 36.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does HORECA LOGISTICS SERVICES SUD have?

According to the 2025 annual accounts, HORECA LOGISTICS SERVICES SUD has 36.7 full-time equivalents (FTE).

HORECA LOGISTICS SERVICES SUD (Public Limited) - Liège

Dossier HORECA LOGISTICS SERVICES SUD, printed on 30 September 2026 from databakkes.be/en/0445028674/horeca-logistics-services-sud. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

HORECA LOGISTICS SERVICES SUD from Liège, company number BE0445028674, closed financial year 2025 with a result of € 342,739 after tax. For that financial year HORECA LOGISTICS SERVICES SUD recorded revenue of € 17.1 million and equity of € 7.1 million. Compared with financial year 2024, the result moved from € 276,409 to € 342,739. 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 June 29, 2026.

What it is worth Growing

€ 7.1 million

▲ 5% vs 2024

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

Profit Growing

€ 342,739

▲ 24% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.7 million

▲ 76% 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 € 7 million.

People and assets in 2025

Full-time equivalents

36.7

▼ 4 vs 2024

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: € 2.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.5 million

▲ 2% vs 2024

€ 66,900 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.

Vehicles and equipment

€ 656,447

▼ 14% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 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.

€ 129,294

▼ 41% vs 2024

€ 91,266 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 2.2 million

▼ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.

Taxes and wages

€ 408,564

▲ 1% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 16,580,745 Revenue 2022: € 16,580,745 First fiscal year in the series	€ 17,430,694 Revenue 2023: € 17,430,694 ▲ 5% vs 2022 (€ 16,580,745) Favourable step	€ 17,401,352 Revenue 2024: € 17,401,352 Unchanged (€ 17,430,694) Unfavourable step	€ 17,091,520 Revenue 2025: € 17,091,520 ▼ 2% vs 2024 (€ 17,401,352) Unfavourable step	▼ 2%
Profit after taxes	€ 528,874 Profit after taxes 2022: € 528,874 First fiscal year in the series	€ 462,885 Profit after taxes 2023: € 462,885 ▼ 12% vs 2022 (€ 528,874) Unfavourable step	€ 276,409 Profit after taxes 2024: € 276,409 ▼ 40% vs 2023 (€ 462,885) Unfavourable step	€ 342,739 Profit after taxes 2025: € 342,739 ▲ 24% vs 2024 (€ 276,409) Favourable step	▲ 24%
Equity	€ 5,999,134 Equity 2022: € 5,999,134 First fiscal year in the series	€ 6,462,019 Equity 2023: € 6,462,019 ▲ 8% vs 2022 (€ 5,999,134) Favourable step	€ 6,738,428 Equity 2024: € 6,738,428 ▲ 4% vs 2023 (€ 6,462,019) Favourable step	€ 7,081,167 Equity 2025: € 7,081,167 ▲ 5% vs 2024 (€ 6,738,428) Favourable step	▲ 5%
Total debts	€ 4,069,368 Total debts 2022: € 4,069,368 First fiscal year in the series	€ 3,515,986 Total debts 2023: € 3,515,986 ▼ 14% vs 2022 (€ 4,069,368) Favourable step	€ 3,190,105 Total debts 2024: € 3,190,105 ▼ 9% vs 2023 (€ 3,515,986) Favourable step	€ 2,805,285 Total debts 2025: € 2,805,285 ▼ 12% vs 2024 (€ 3,190,105) Favourable step	▼ 12%
Cash	€ 2,582,072 Cash 2022: € 2,582,072 First fiscal year in the series	€ 2,091,811 Cash 2023: € 2,091,811 ▼ 19% vs 2022 (€ 2,582,072) Unfavourable step	€ 1,526,647 Cash 2024: € 1,526,647 ▼ 27% vs 2023 (€ 2,091,811) Unfavourable step	€ 2,689,722 Cash 2025: € 2,689,722 ▲ 76% vs 2024 (€ 1,526,647) Favourable step	▲ 76%
Retained profit	€ 5,879,134 Retained profit 2022: € 5,879,134 First fiscal year in the series	€ 6,342,019 Retained profit 2023: € 6,342,019 ▲ 8% vs 2022 (€ 5,879,134) Favourable step	€ 6,618,428 Retained profit 2024: € 6,618,428 ▲ 4% vs 2023 (€ 6,342,019) Favourable step	€ 6,961,167 Retained profit 2025: € 6,961,167 ▲ 5% vs 2024 (€ 6,618,428) Favourable step	▲ 5%
Bank debt	€ 439,242 Bank debt 2022: € 439,242 First fiscal year in the series	€ 323,876 Bank debt 2023: € 323,876 ▼ 26% vs 2022 (€ 439,242) Favourable step	€ 220,560 Bank debt 2024: € 220,560 ▼ 32% vs 2023 (€ 323,876) Favourable step	€ 129,294 Bank debt 2025: € 129,294 ▼ 41% vs 2024 (€ 220,560) Favourable step	▼ 41%
Balance sheet total	€ 10,068,502 Balance sheet total 2022: € 10,068,502 First fiscal year in the series	€ 9,978,005 Balance sheet total 2023: € 9,978,005 ▼ 1% vs 2022 (€ 10,068,502) Unchanged	€ 9,928,532 Balance sheet total 2024: € 9,928,532 Unchanged (€ 9,978,005) Unchanged	€ 9,886,452 Balance sheet total 2025: € 9,886,452 Unchanged (€ 9,928,532) Unchanged
Employees (FTE)	40 Employees (FTE) 2022: 40 First fiscal year in the series	40.3 Employees (FTE) 2023: 40.3 ▲ 0.3 vs 2022 (40) Unchanged	40.7 Employees (FTE) 2024: 40.7 ▲ 0.4 vs 2023 (40.3) Unchanged	36.7 Employees (FTE) 2025: 36.7 ▼ 4 vs 2024 (40.7) Unchanged	▼ 4

Key figures of HORECA LOGISTICS SERVICES SUD, 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 HORECA LOGISTICS SERVICES SUD?

What happened at HORECA LOGISTICS SERVICES SUD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 SADIMAT NV stepped down as director. NBB
2029 BEVERAGES MANAGEMENT CONSULTANTS NV stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: profit of € 342,739 (▲ 24% vs 2024). Source: NBB ↗
2023 SADIMAT NV became a director. NBB
2023 BEVERAGES MANAGEMENT CONSULTANTS NV became a director. NBB
Oct 31, 1991 New establishment in Liège. KBO
Sep 3, 1991 Start of the company according to the CBE. KBO

In short

From € 528,874 profit in 2022 to € 342,739 profit in 2025.

Paid € 573,052 in corporate taxes since 2022.

Best year ever: 2022, with € 528,874 profit.

Pays suppliers within 50 days on average.

Original PDFs at the National Bank ↗

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My folder 3 companies

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%

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