Financials
Financial year 2025
Max Terminals from Gent, company number BE0718650927, closed financial year 2025 with a result of € 294,650 after tax. For that financial year Max Terminals recorded revenue of € 8.9 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 86,165 to € 294,650. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 2.8 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 294,650
▲ 242% vs 2024
Profit after tax over the fiscal year.
€ 3.8 million
▲ € 3.2 million 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 € 1.2 million.
People and assets in 2025
€ 28,694
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 41.3 million
▲ 26% vs 2024
€ 5.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 813,499
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 107,000
▲ € 82,310 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 5,940,925 | € 8,850,153 | ▲ 49% |
| Gross margin | € 3,066,443 | € 3,219,622 | € 4,758,968 | € 6,435,283 | ▲ 35% |
| Profit after taxes | € 554,774 | € 224,977 | € 86,165 | € 294,650 | ▲ 242% |
| Equity | € 2,190,889 | € 2,415,867 | € 2,502,032 | € 2,796,682 | ▲ 12% |
| Total debts | € 18,415,869 | € 29,136,119 | € 36,065,335 | € 43,253,704 | ▲ 20% |
| Cash | € 4,118,596 | € 485,731 | € 633,576 | € 3,828,451 | ▲ € 3.2 million |
| Land & buildings | - | € 11,062 | € 9,885 | € 8,707 | ▼ 12% |
| Retained profit | € 628,789 | € 853,767 | € 939,932 | € 1,234,582 | ▲ 31% |
| Bank debt | € 17,254,438 | € 27,439,438 | € 32,705,834 | € 41,254,438 | ▲ 26% |
| Balance sheet total | € 20,606,759 | € 31,551,986 | € 38,567,367 | € 46,050,386 | ▲ 19% |
Key figures of Max Terminals, 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 Max Terminals?
What happened at Max Terminals in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Yves Bienfet stepped down as director. NBB
- Thomas Bawden stepped down as director. NBB
- Roderick Gadsby stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 294,650 (▲ 242% vs 2024). Source: NBB ↗
- Yves Bienfet became a director. NBB
- Thomas Bawden became a director. NBB
- Roderick Gadsby became a director. NBB
- New establishment in Gent. KBO
In short
From € 554,774 profit in 2022 to € 294,650 profit in 2025.
Paid € 395,597 in corporate taxes since 2022.
Best year ever: 2022, with € 554,774 profit.
Management
The stake of GHENT TRANSPORT AND STORAGE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Max TerminalsThe shares are held by GHENT TRANSPORT AND STORAGE (33%).
Directors
According to the 2025 annual accounts
Yves Bienfet
Managing director
Also active at: Centrale Betaalkassen der Gentse Centrale der Zee- en Binnenvaartwerkgevers, MOLENS SINT MARTINUS - MOULINS SINT MARTIN, Apo - Phar - Agra, Agricultural Trading Agency International, GHENT TRANSPORT AND STORAGE, GHENT WAREHOUSING SYSTEMS, NEGOTIE en VALORISATIE van MATERIALEN, TURBULENT +13 more
since 2025 · until 2031
Thomas Bawden
Director
since 2025 · until 2031
Roderick Gadsby
Director
Also active at: Douglas Terminals FinCo, Douglas Terminals, AG REAL ESTATE CAR PARK
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Christoffel Columbuslaan 31
9042 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0718.650.927
- VAT number
- BE 0718.650.927
- Registered office
- Christoffel Columbuslaan 31, 9042 Gent
- Names & denominations
- Max Terminals
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2019
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Logistieke diensten
Overige vervoerondersteunende activiteiten