Financials
Financial year 2025
On Time Distribution from Kortrijk, company number BE0459369036, closed financial year 2025 with a result of € -259,523 after tax. For that financial year On Time Distribution recorded revenue of € 18 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 329,253 to € -259,523. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 4.2 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -259,523
▼ still € 329,253 profit in 2024
Profit after tax over the fiscal year.
€ 784,454
▲ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.1 million.
People and assets in 2025
30.6
▲ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 11% vs 2024
€ 53,700 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.
€ 115,369
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.5 million
▼ 28% vs 2024
€ 609,716 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.9 million
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 197,739
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,567,892 | € 13,920,014 | € 14,400,048 | € 18,043,034 | ▲ 25% |
| Profit after taxes | € 559,434 | € 316,271 | € 329,253 | € -259,523 | ▼ € 588,776 |
| Equity | € 3,766,042 | € 4,082,312 | € 4,411,565 | € 4,152,042 | ▼ 6% |
| Total debts | € 7,460,843 | € 6,814,120 | € 6,030,307 | € 5,986,554 | ▼ 1% |
| Cash | € 658,753 | € 522,325 | € 406,118 | € 784,454 | ▲ 93% |
| Land & buildings | € 868,576 | € 782,542 | € 706,247 | € 624,415 | ▼ 12% |
| Retained profit | € 3,704,542 | € 4,020,812 | € 4,350,065 | € 4,090,542 | ▼ 6% |
| Bank debt | € 5,936,499 | € 4,929,336 | € 3,416,623 | € 2,474,859 | ▼ 28% |
| Balance sheet total | € 11,226,884 | € 10,896,432 | € 10,441,872 | € 10,138,596 | ▼ 3% |
| Employees (FTE) | 20 | 23.8 | 26.7 | 30.6 | ▲ 3.9 |
Key figures of On Time 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 On Time Distribution?
What happened at On Time Distribution in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Falcon Fund Management NV stepped down as director. NBB
- On Time Logistics NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 259,523 (▼ € 588,776 vs 2024). Source: NBB ↗
- Falcon Fund Management NV became a director. NBB
- On Time Logistics NV became a director. NBB
- New establishment in Wommelgem. KBO
- New establishment in Nivelles. KBO
- New establishment in Rotselaar. KBO
In short
From € 559,434 profit in 2022 to € 259,523 loss in 2025.
Paid € 482,073 in corporate taxes since 2022.
Best year ever: 2022, with € 559,434 profit.
Pays suppliers within 43 days on average.
A new publication or filing at On Time Distribution? We notify you, reason included.
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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
The stake of ON TIME LOGISTICS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
On Time DistributionThe shares are held by ON TIME LOGISTICS (100%). It owns 100% of Day By Day Courier Service and 100% of On Time Solutions itself.
Directors
According to the 2025 annual accounts
Director · represented by Koen Perdu
Also active at: J.L. Hertsens, PAUWELS, Day By Day Courier Service, ON TIME SOLUTIONS, Pauwels Construct, JACRIMAR, M.Ex.T. BELGIUM, G & G CONSTRUCT +31 more
since 2025 · until 2031
Director · represented by Filip Goossens
Also active at: J.L. Hertsens, ON TIME SOLUTIONS
since 2025 · until 2031
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Noordlaan(Heu) 5 box 4
8501 Kortrijk
Wingepark 2
3110 Rotselaar
Active since 29 May 2007
Chaussée de Namur 66
1400 Nivelles
Active since 1 April 2021
Jacobsveldweg 14
2160 Wommelgem
Active since 2 May 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.369.036
- VAT number
- BE 0459.369.036
- Registered office
- Noordlaan(Heu) 5 bus 4, 8501 Kortrijk
- Names & denominations
- On Time Distribution
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 1996
- Peppol
- Active · Active since 1 Sept 2025
- Activities · NACE
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