Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HSL BELGIUM from Antwerpen, company number BE0651934030, closed financial year 2025 with a result of € 748,013 after tax. For that financial year HSL BELGIUM recorded a gross margin of € 7.4 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 665,050 to € 748,013. 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 8, 2026.
€ 2.3 million
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 748,013
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 695,392
▼ 48% 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 € 2.2 million.
People and assets in 2025
45
▲ 9.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6 million
▲ 27% vs 2024
€ 132,300 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.
€ 23,674
▲ 50% 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.
€ 2 million
▲ 107% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 825,022
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,122,361 | € 5,789,805 | € 5,781,920 | € 7,448,929 | ▲ 29% |
| Profit after taxes | € -307,466 | € 1,377,572 | € 665,050 | € 748,013 | ▲ 12% |
| Equity | € -508,309 | € 869,263 | € 1,534,313 | € 2,282,327 | ▲ 49% |
| Total debts | € 1,814,316 | € 2,532,479 | € 1,889,116 | € 2,809,458 | ▲ 49% |
| Cash | € 59,358 | € 544,574 | € 1,332,074 | € 695,392 | ▼ 48% |
| Retained profit | € -558,309 | € 819,263 | € 1,484,313 | € 2,232,327 | ▲ 50% |
| Balance sheet total | € 1,306,006 | € 3,451,742 | € 3,521,229 | € 5,385,185 | ▲ 53% |
| Employees (FTE) | 24.5 | 30.9 | 35.5 | 45 | ▲ 9.5 |
Key figures of HSL 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 HSL BELGIUM?
What happened at HSL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 748,013 (▲ 12% vs 2024). Source: NBB ↗
- Haiko Böttcher stepped down as director. NBB
- New establishment in Antwerpen. KBO
- Spoornatie BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 307,466 loss in 2022 to € 748,013 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.4 million profit.
On average € 165,500 of value added per employee in 2025.
Management
The stake of RAIL MANAGEMENT HK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HSL BELGIUMBehind HSL BELGIUM are Peter Biskup and Spoornatie BV. The shares are held by RAIL MANAGEMENT HK (10%).
Directors
According to the 2025 annual accounts
Peter Biskup
Director
Director · represented by Bart Smout
since 2024
Haiko Böttcher
Director
· until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Noorderlaan 79 box 14
2030 Antwerpen
Noorderlaan 79
2030 Antwerpen
Active since 1 April 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GD-EMEA-DC-SXB1, DE
Domain
Domain
hsl-belgium.eu
Registrar
IONOS SE
Website info
Features
Security
Details
- Company number
- 0651.934.030
- VAT number
- BE 0651.934.030
- Registered office
- Noorderlaan 79 bus 14, 2030 Antwerpen
- Names & denominations
- HSL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2016
- Peppol
- Active · Active since 14 Jul 2025
- Contact
- hsl-belgium.eu
- Activities · NACE
Personenvervoer per trein
Personenvervoer per spoor, m.u.v. personenvervoer per spoor binnen steden of voorsteden
Goederenvervoer per spoor
Personenvervoer over de weg volgens dienstregeling
Groothandel in andere machines en werktuigen, neg
Groothandel in andere machines en werktuigen, n.e.g.