Financials
Financial year 2025
GATES DISTRIBUTION CENTER from Aalst, company number BE0454972362, closed financial year 2025 with a result of € 404,104 after tax. For that financial year GATES DISTRIBUTION CENTER recorded revenue of € 13.7 million and equity of € 76,863. Compared with financial year 2024, the result moved from € 435,848 to € 404,104. The company is profitable. The buffer shrank hard: equity is 94 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 76,863
▼ 94% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 404,104
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 128% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.7 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
124.1
▲ 13.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.9 million
▲ 21% vs 2024
€ 64,000 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.
€ 10,569
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.1 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.
€ 1.2 million
▼ 5% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 11,178,228 | € 12,064,880 | € 13,674,733 | ▲ 13% |
| Profit after taxes | € 238,903 | € 435,848 | € 404,104 | ▼ 7% |
| Equity | € 8,936,911 | € 1,372,759 | € 76,863 | ▼ 94% |
| Total debts | € 2,593,366 | € 10,534,507 | € 4,148,392 | ▼ 61% |
| Cash | € 380,119 | € 471,060 | € 1,073,487 | ▲ 128% |
| Land & buildings | € 148,225 | € 127,400 | € 290,097 | ▲ 128% |
| Retained profit | € 8,874,411 | € 1,310,259 | € 14,363 | ▼ 99% |
| Dividend | € 0 | € 8,000,000 | € 1,700,000 | ▼ 79% |
| Balance sheet total | € 11,530,277 | € 11,907,266 | € 4,225,255 | ▼ 65% |
| Employees (FTE) | 110.4 | 110.8 | 124.1 | ▲ 13.3 |
Key figures of GATES DISTRIBUTION CENTER, fiscal years 2023 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 GATES DISTRIBUTION CENTER?
What happened at GATES DISTRIBUTION CENTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Natacha Claessens stepped down as director. NBB
- Frank Van Vreckem stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 404,104 (▼ 7% vs 2024). Source: NBB ↗
- Natacha Claessens became a director. NBB
- Frank Van Vreckem became a director. NBB
- New establishment in Gent. KBO
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 238,903 profit in 2023 to € 404,104 profit in 2025.
Paid € 493,137 in corporate taxes since 2023.
Best year ever: 2024, with € 435,848 profit.
Paid out € 9.7 million 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
Directors
According to the 2025 annual accounts
Frank Van Vreckem
Director
since 2019 · until 2029
Natacha Claessens
Director
since 2020 · until 2030
Establishments
Establishment units
Physical locations of this company
Korte Keppestraat 21 box 51
9320 Aalst
Korte Mate 1
9042 Gent
Active since 11 December 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.972.362
- VAT number
- BE 0454.972.362
- Registered office
- Korte Keppestraat 21 bus 51, 9320 Aalst
- Names & denominations
- GATES DISTRIBUTION CENTER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1995
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Opslag
Overige opslag
Activiteiten van verpakkingsbedrijven
Verpakkingsbedrijven