Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PSA Investments from Antwerpen, company number BE0671672441, closed financial year 2025 with a result of € 38.7 million after tax. Compared with financial year 2024, the result moved from € 191.1 million to € 38.7 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 September 1, 2026.
€ 609.9 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38.7 million
▼ 80% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 456 million.
People and assets in 2025
0.8
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 136,637
▼ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 9.5 million
▼ 71% vs 2024
Loans from banks and other lenders, long and short.
€ 395,258
▲ € 379,292 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 342 days on average.
€ 23,760
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 20,073,312 | € 31,660,188 | € 191,088,192 | € 38,740,461 | ▼ 80% |
| Equity | € 348,397,324 | € 380,057,512 | € 571,145,705 | € 609,886,165 | ▲ 7% |
| Total debts | € 31,282,594 | € 47,000 | € 35,020,946 | € 9,918,476 | ▼ 72% |
| Cash | € 4,341 | - | - | - | |
| Retained profit | € 194,557,323 | € 226,217,511 | € 417,305,704 | € 456,046,164 | ▲ 9% |
| Dividend | € 47,000,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 33,000,000 | € 9,475,421 | ▼ 71% |
| Balance sheet total | € 379,679,918 | € 380,104,513 | € 606,166,651 | € 619,804,642 | ▲ 2% |
| Employees (FTE) | 0.5 | 0.5 | 0.3 | 0.8 | ▲ 0.5 |
Key figures of PSA Investments, 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 PSA Investments?
What happened at PSA Investments in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Terence LEE stepped down as director. NBB
- Wai Yan KWONG stepped down as director. NBB
- Dirk Jan STORM stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 38.7 million (▼ 80% vs 2024). filed late Source: NBB ↗
- Terence LEE became a director. NBB
- Vincent HAK SEN NG stepped down as director. NBB
- Wai Yan KWONG became a director. NBB
- Pek Suat LIM stepped down as director. NBB
In short
From € 20.1 million profit in 2022 to € 38.7 million profit in 2025.
Paid € 2,275 in corporate taxes since 2022.
Best year ever: 2024, with € 191.1 million profit.
Paid out € 47 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
The shares are held by PSA Italy Pte. Ltd. (100%) and PSA Finance Europe (0%). It owns 100% of PSA Intermodal Italy, 72% of PSA Genoa Investments and 72% of Vecon S.P.A itself.
Directors
According to the 2025 annual accounts
Terence LEE
Director
Also active at: PSA Antwerp, PSA Genoa Investments, ANTWERP INTERNATIONAL TERMINAL
since 2026 · until 2032
Vincent HAK SEN NG
Director
since 2024 · until 2026
Dirk Jan STORM
Director
Also active at: PSA Antwerp, MSC PSA EUROPEAN TERMINAL, GLOBAL PORTS SERVICES, PSA BELGIUM, PSA Baltics, PSA Marine Belgium, PSA Belgium Ventures, PSA Genoa Investments +4 more
since 2022 · until 2028
since 2026 · until 2032
since 2023 · until 2026
Shareholders
PSA Italy Pte. Ltd.
100%
Participations
Establishments
Establishment units
Physical locations of this company
Napelsstraat 79
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →NOREXA
PSA Antwerp same network
€ 314.8 million revenue · 2025
COMPUTER SOFTWARE, MANAGEMENT, OPERATIONS AND SERVICES
€ 9 million revenue · 2022
ANTWERP TERMINAL SERVICES
€ 408.8 million revenue · 2025
MSC PSA EUROPEAN TERMINAL same network
€ 471.6 million revenue · 2025
+13 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0671.672.441
- VAT number
- BE 0671.672.441
- Registered office
- Napelsstraat 79, 2000 Antwerpen
- Names & denominations
- PSA Investments
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2017
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Activiteiten van holdings