Active · per the CBE, 2 October 2026

PSA Baltics

BE0715850397

Rechtspersoon Public limited company 1 establishment

PSA Baltics is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 14 December 2018, 1 establishment.

Napelsstraat 79, 2000 Antwerpen

Active for

7 year, 9 months

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 2024

PSA Baltics from Antwerpen, company number BE0715850397, closed financial year 2024 with a result of € 37.9 million after tax. For that financial year PSA Baltics recorded revenue of € 1.3 million and equity of € 194.5 million. Compared with financial year 2023, the result moved from € 958,954 to € 37.9 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 December 26, 2025.

What it is worth Growing

€ 194.5 million

▲ 24% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 37.9 million

▲ € 36.9 million vs 2023

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 42.4 million.

People and assets in 2024

Full-time equivalents

5

▼ 0.2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.6 million

▲ 15% vs 2023

€ 322,900 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.

Debts at end 2024

Bank debt

€ 209.9 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 829,607

▲ 51% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 115 days on average.

Taxes and wages

€ 359,175

▼ 6% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue € 1,213,475 € 2,254,837 € 2,407,921 € 1,273,906 ▼ 47%
Profit after taxes € 1,316,893 € 1,647,300 € 958,954 € 37,897,805 ▲ € 36.9 million
Equity € 154,022,743 € 155,670,043 € 156,628,998 € 194,526,803 ▲ 24%
Total debts € 227,487,528 € 240,860,619 € 254,475,411 € 268,055,883 ▲ 5%
Retained profit € 1,872,739 € 3,520,039 € 4,478,993 € 42,376,799 ▲ € 37.9 million
Bank debt € 209,911,334 € 209,911,334 € 209,911,334 € 209,911,334
Balance sheet total € 381,510,271 € 396,530,663 € 411,104,408 € 462,582,686 ▲ 13%
Employees (FTE) 3 2.9 5.2 5 ▼ 0.2

Key figures of PSA Baltics, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to PSA Baltics?

What happened at PSA Baltics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Hak Sen Vincent NG stepped down as director. NBB
  • Dirk Jan STORM stepped down as director. NBB
  • New annual accounts for financial year 2024: profit of € 37.9 million (▲ € 36.9 million vs 2023). filed late Source: NBB ↗
  • Hak Sen Vincent NG became a director. NBB
  • David Antonius YANG stepped down as director. NBB
  • Dirk Jan STORM became a director. NBB
  • New establishment in Antwerpen. KBO
  • David Antonius YANG became a director. NBB

In short

From € 1.3 million profit in 2021 to € 37.9 million profit in 2024.

Paid € 1.6 million in corporate taxes since 2021.

Best year ever: 2024, with € 37.9 million profit.

Pays suppliers within 115 days on average.

Management

PSA Baltics
Pickhill Investments sp. Z.o.o. 85%
Baltic Hub Sp. z o.o. 40%

The shares are held by PSA Belgium NV (100%) and PSA Finance Europe NV (0%). It owns 85% of Pickhill Investments sp. Z.o.o. and 40% of Baltic Hub Sp. z o.o. itself.

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Directors

According to the 2024 annual accounts

since 2018 · until 2024

Hak Sen Vincent NG

Director

since 2024 · until 2030

Participations

Pickhill Investments sp. Z.o.o.

85%

Baltic Hub Sp. z o.o.

40%

Establishments

Establishment units

Physical locations of this company

Registered office

Napelsstraat 79

2000 Antwerpen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0715.850.397
VAT number
BE 0715.850.397
Registered office
Napelsstraat 79, 2000 Antwerpen
Names & denominations
PSA Baltics
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
14 December 2018
Peppol
Active · Active since 9 Dec 2025
Activities · NACE

Activiteiten van holdings

Logistieke diensten

Holdings

Overige vervoerondersteunende activiteiten

Frequently asked questions

What does PSA Baltics do?
PSA Baltics is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 14 December 2018, 1 establishment.
What is the address of PSA Baltics?
The registered office of PSA Baltics is located at Napelsstraat 79, 2000 Antwerpen.
Is PSA Baltics still active?
Yes. According to the CBE (2 October 2026) PSA Baltics is active, legal situation “Normale toestand”, started on 14 December 2018.
Is PSA Baltics registered on Peppol?
Yes, PSA Baltics is registered on the Peppol network with ID 0208:0715850397.
What is the enterprise number of PSA Baltics?
The enterprise number of PSA Baltics is BE0715850397.
When was PSA Baltics founded?
PSA Baltics was founded on 14 December 2018.