Financials
Financial year 2025
GXO LOGISTICS SERVICES BELGIUM from Tongeren-Borgloon, company number BE0479003321, closed financial year 2025 with a result of € -135,761 after tax. For that financial year GXO LOGISTICS SERVICES BELGIUM recorded revenue of € 25.4 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 1.1 million to € -135,761. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 1.1 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -135,761
▼ still € 1.1 million profit in 2024
Profit after tax over the fiscal year.
€ 258,314
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2025
185.5
▲ 9.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.6 million
▲ 17% vs 2024
€ 62,300 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.
€ 36,754
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
Loans from banks and other lenders, long and short.
€ 3.3 million
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 89 days on average.
€ 1.2 million
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 20,905,649 | € 22,998,545 | € 25,359,742 | ▲ 10% |
| Gross margin | € 6,338,775 | - | - | - | |
| Profit after taxes | € 331,092 | € -602,741 | € 1,052,526 | € -135,761 | ▼ € 1.2 million |
| Equity | € 738,279 | € 135,538 | € 1,188,064 | € 1,052,303 | ▼ 11% |
| Total debts | € 6,863,124 | € 8,696,983 | € 6,522,251 | € 7,578,926 | ▲ 16% |
| Cash | € 247,778 | € 773,434 | € 166,024 | € 258,314 | ▲ 56% |
| Land & buildings | € 446,437 | € 304,642 | € 267,562 | € 149,842 | ▼ 44% |
| Retained profit | € 730,219 | € 127,478 | € 1,180,004 | € 1,044,243 | ▼ 12% |
| Bank debt | € 217,680 | € 2,698,000 | € 2,698,000 | € 2,698,000 | |
| Balance sheet total | € 7,601,403 | € 8,832,521 | € 7,710,315 | € 8,631,229 | ▲ 12% |
| Employees (FTE) | 107.2 | 154.9 | 176.2 | 185.5 | ▲ 9.3 |
Key figures of GXO LOGISTICS SERVICES BELGIUM, 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 GXO LOGISTICS SERVICES BELGIUM?
What happened at GXO LOGISTICS SERVICES BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benedict Saelen stepped down as director. NBB
- Wilhelmus Johannes Mattheus Veekens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 135,761 (▼ € 1.2 million vs 2024). Source: NBB ↗
- Benedict Saelen became a director. NBB
- Bouke Laskewitz became a director. NBB
- Wilhelmus Johannes Mattheus Veekens became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- New establishment in Mons. KBO
In short
From € 331,092 profit in 2022 to € 135,761 loss in 2025.
Paid € 505,486 in corporate taxes since 2022.
Best year ever: 2024, with € 1.1 million profit.
On average € 59,100 of value added per employee in 2022.
Management
Behind GXO LOGISTICS SERVICES BELGIUM is Bouke Laskewitz. The shares are held by GXO Logistics Worldwide Holding Company, LLC (99.9%) and GXO Logistics Worldwide, LLC (0.1%).
Directors
According to the 2025 annual accounts
Bouke Laskewitz
Director
since 2024
Wilhelmus Johannes Mattheus Veekens
Director
since 2023 · until 2029
since 2026 · until 2032
Shareholders
GXO Logistics Worldwide Holding Company, LLC
99.9%
GXO Logistics Worldwide, LLC
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mammoetstraat 2
3700 Tongeren-Borgloon
Rue de Douvrain (G.) 15
7011 Mons
Active since 3 November 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.003.321
- VAT number
- BE 0479.003.321
- Registered office
- Mammoetstraat 2, 3700 Tongeren-Borgloon
- Names & denominations
- GXO LOGISTICS SERVICES BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2002
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- [email protected]
- Activities · NACE
Logistieke diensten
Overige vervoerondersteunende activiteiten