Financials
Financial year 2025
FedEx Express Belgium Air Hub from Grâce-Hollogne, company number BE0458858302, closed financial year 2025 with a result of € 4.1 million after tax. For that financial year FedEx Express Belgium Air Hub recorded revenue of € 125.7 million and equity of € 128.4 million. Compared with financial year 2024, the result moved from € 4.6 million to € 4.1 million. 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 December 3, 2025.
€ 128.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.1 million
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4 million paid out
99 % of the profit went to the shareholders, mostly to FEDEX EXPRESS BE SRL (100 % of the shares). That is where the money ends up.
People and assets in 2025
1,167.7
▲ 52.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 87.4 million
▲ 2% vs 2024
€ 74,900 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.
€ 1.1 million
▼ 14% 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.
€ 3.3 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 22.7 million
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 142,497,599 | € 116,356,160 | € 118,659,141 | € 125,683,844 | ▲ 6% |
| Profit after taxes | € 2,457,742 | € 4,063,691 | € 4,636,074 | € 4,052,508 | ▼ 13% |
| Equity | € 125,948,450 | € 127,868,348 | € 128,376,511 | € 128,429,019 | |
| Total debts | € 23,561,786 | € 23,328,753 | € 30,470,498 | € 29,975,877 | ▼ 2% |
| Cash | € 93,187 | € 5,394,628 | € 1,103,856 | € 1,131,766 | ▲ 3% |
| Land & buildings | € 15,917,186 | € 13,707,969 | € 13,997,126 | € 12,082,042 | ▼ 14% |
| Retained profit | € 50,615,246 | € 52,678,938 | € 53,315,011 | € 53,367,519 | |
| Dividend | € 1,000,000 | € 2,000,000 | € 4,000,000 | € 4,000,000 | |
| Balance sheet total | € 191,973,504 | € 157,402,293 | € 159,912,983 | € 159,401,734 | |
| Employees (FTE) | 1,425.9 | 1,090.9 | 1,114.8 | 1,167.7 | ▲ 52.9 |
Key figures of FedEx Express Belgium Air Hub, 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 December 2026.
What happened to FedEx Express Belgium Air Hub?
What happened at FedEx Express Belgium Air Hub in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4.1 million (▼ 13% vs 2024). Source: NBB ↗
- Marius Mathijs Pennincks became a director. NBB
- Miguel CORTES Y FLORES stepped down as director. NBB
- Olivier DE WAELE became a director. NBB
- Sara MERTENS became a director. NBB
- Armanda POST became a director. NBB
- Miguel CORTES Y FLORES became a director. NBB
- Rudi LOONTIENS became a director. NBB
In short
From € 2.5 million profit in 2022 to € 4.1 million profit in 2025.
Paid € 11.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 4.6 million profit.
Paid out € 11 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
Behind FedEx Express Belgium Air Hub are Sara MERTENS, Rudi LOONTIENS, Marius Mathijs Pennincks, Armanda POST and Olivier DE WAELE. The shares are held by FEDEX EXPRESS BE SRL (100%).
Directors
According to the 2025 annual accounts
Sara MERTENS
Director
since 2023
Rudi LOONTIENS
Director
since 2016
Marius Mathijs Pennincks
Director
since 2024
Armanda POST
Director
since 2023
Olivier DE WAELE
Director
since 2024
Miguel CORTES Y FLORES
Director
since 2023 · until 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Aéroport 90
4460 Grâce-Hollogne
Aéroport de Liège sn
4460 Grâce-Hollogne
Active since 11 April 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0458.858.302
- VAT number
- BE 0458.858.302
- Registered office
- Rue de l'Aéroport 90, 4460 Grâce-Hollogne
- Names & denominations
- FedEx Express Belgium Air Hub
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 1996
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Overige vrachtbehandeling
Overige vrachtbehandeling, exclusief in zeehavens
Logistieke diensten
Overige activiteiten i.v.m. de organisatie van het vrachtvervoer
Overige vervoerondersteunende activiteiten