Financials
Financial year 2025
CATERPILLAR DISTRIBUTION SERVICES EUROPE from Grimbergen, company number BE0466233567, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year CATERPILLAR DISTRIBUTION SERVICES EUROPE recorded revenue of € 164.7 million and equity of € 51 million. Compared with financial year 2024, the result moved from € 2.3 million to € 2.6 million. 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 13, 2026.
€ 51 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.6 million
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 178,323
▲ 13% 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 € 40.2 million.
People and assets in 2025
749.5
▼ 31.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 78.1 million
€ 104,300 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.
€ 4.7 million
▲ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 55.5 million
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 14.8 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.
€ 16.2 million
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 163,729,204 | € 166,493,429 | € 162,651,460 | € 164,674,279 | ▲ 1% |
| Profit after taxes | € 3,740,808 | € 3,059,396 | € 2,284,040 | € 2,644,869 | ▲ 16% |
| Equity | € 43,028,231 | € 46,087,628 | € 48,371,668 | € 51,016,537 | ▲ 5% |
| Total debts | € 75,126,411 | € 98,819,179 | € 92,487,666 | € 86,670,321 | ▼ 6% |
| Cash | € 101,389 | € 522,456 | € 158,501 | € 178,323 | ▲ 13% |
| Land & buildings | € 43,880,903 | € 50,940,263 | € 52,109,941 | € 52,555,819 | ▲ 1% |
| Retained profit | € 32,178,685 | € 35,238,082 | € 37,522,122 | € 40,166,991 | ▲ 7% |
| Bank debt | € 40,745,971 | € 61,902,748 | € 57,612,614 | € 55,477,214 | ▼ 4% |
| Balance sheet total | € 118,174,972 | € 144,915,963 | € 140,867,395 | € 137,694,979 | ▼ 2% |
| Employees (FTE) | 810.5 | 816 | 781.1 | 749.5 | ▼ 31.6 |
Key figures of CATERPILLAR DISTRIBUTION SERVICES EUROPE, 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 CATERPILLAR DISTRIBUTION SERVICES EUROPE?
What happened at CATERPILLAR DISTRIBUTION SERVICES EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.6 million (▲ 16% vs 2024). Source: NBB ↗
- Kurt Hannaert became a director. NBB
- Dieter Degryse became a director. NBB
- New establishment in Grimbergen. KBO
- New establishment in Grimbergen. KBO
- New establishment in Brugge. KBO
- New establishment in Brussel. KBO
- New establishment in Brugge. KBO
In short
From € 3.7 million profit in 2022 to € 2.6 million profit in 2025.
Paid € 12.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.7 million profit.
Pays suppliers within 80 days on average.
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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 CATERPILLAR DISTRIBUTION SERVICES EUROPE are Freddy P Vrijdagh, Kurt Hannaert and Dieter Degryse. It owns 99% of Caterpillar Distribution International LLC itself.
Directors
According to the 2025 annual accounts
Freddy P Vrijdagh
Director
since 2006
Kurt Hannaert
Director
since 2016
Dieter Degryse
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Humbeeksesteenweg 98
1850 Grimbergen
Koffieweg 4
8380 Brugge
Active since 1 January 2009
Industrieweg 16
1850 Grimbergen
Active since 1 June 2014
Eppegemsesteenweg 31/33
1850 Grimbergen
Active since 1 June 2014
Alfred Ronsestraat 100
8380 Brugge
Active since 1 June 2014
Kunstlaan 44
1000 Brussel
Active since 1 June 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0466.233.567
- VAT number
- BE 0466.233.567
- Registered office
- Humbeeksesteenweg 98, 1850 Grimbergen
- Names & denominations
- CATERPILLAR DISTRIBUTION SERVICES EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 1999
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Logistieke diensten
Overige vervoerondersteunende activiteiten
Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw
Opslag