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
51 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FLEETMASTER from Gent, company number BE0840115218, closed financial year 2025 with a result of € 53,443 after tax. For that financial year FLEETMASTER recorded a gross margin of € 2.4 million and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 184,058 to € 53,443. 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 July 23, 2026.
€ 3.5 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 53,443
▼ 71% vs 2024
Profit after tax over the fiscal year.
€ 3.8 million
▲ 2% 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 € 363,978.
People and assets in 2025
25
▲ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 19% vs 2024
€ 86,600 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.
€ 33,861
▼ 36% 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.
€ 129,489
▲ 188% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 314,452
▲ 39% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,329,981 | € 2,229,879 | € 2,099,655 | € 2,447,521 | ▲ 17% |
| Profit after taxes | € 40,682,448 | € 126,476 | € 184,058 | € 53,443 | ▼ 71% |
| Equity | € 3,263,874 | € 2,152,377 | € 3,436,435 | € 3,489,878 | ▲ 2% |
| Total debts | € 2,573,150 | € 1,874,257 | € 731,836 | € 739,285 | ▲ 1% |
| Cash | € 3,805,471 | € 2,537,870 | € 3,756,647 | € 3,837,522 | ▲ 2% |
| Retained profit | € 0 | € 126,476 | € 310,534 | € 363,978 | ▲ 17% |
| Dividend | € 42,366,157 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 5,837,024 | € 4,026,634 | € 4,168,271 | € 4,229,163 | ▲ 1% |
| Employees (FTE) | 22.8 | 23.5 | 22.5 | 25 | ▲ 2.5 |
Key figures of FLEETMASTER, 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 FLEETMASTER?
What happened at FLEETMASTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 53,443 (▼ 71% vs 2024). Source: NBB ↗
- Edmund James Murray READ became a director. NBB
- John COLLINS became a director. NBB
- Furukh SHEIKH stepped down as director. NBB
- Didier VAN BOUWEL stepped down as director. NBB
- Craig Andrew MAILEY stepped down as director. NBB
- Martin Leigh FORBES stepped down as director. NBB
- New establishment in Gent. KBO
In short
From € 40.7 million profit in 2022 to € 53,443 profit in 2025.
Paid € 13.8 million in corporate taxes since 2022.
Best year ever: 2022, with € 40.7 million profit.
On average € 97,900 of value added per employee in 2025.
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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
Behind FLEETMASTER are Edmund James Murray READ and John COLLINS.
Directors
According to the 2025 annual accounts
Edmund James Murray READ
Director
since 2026
John COLLINS
Director
since 2026
Furukh SHEIKH
Director
· until 2026
Didier VAN BOUWEL
Director
· until 2026
Craig Andrew MAILEY
Director
· until 2026
Martin Leigh FORBES
Director
· until 2026
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 808 box B139
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 51 companies are registered at this address.
All companies at this address →Schaeffler Belgium
€ 21.9 million revenue · 2025
KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling
€ 37.5 million revenue · 2025
Bontinck Architecture and Interior NV
€ 2.5 million revenue · 2026
Sales Management Association Belgium
KAAG Management
€ 136,551 gross margin · 2025
+46 more
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
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
fleetmastersoftware.com
Registered
2015-11-17
Registrar
CSC Corporate Domains, Inc.
Expires
2026-11-17
Website info
Features
Security
Details
- Company number
- 0840.115.218
- VAT number
- BE 0840.115.218
- Registered office
- Ottergemsesteenweg-Zuid 808 bus B139, 9000 Gent
- Names & denominations
- FLEETMASTER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 2011
- Peppol
- Active · Active since 4 Mar 2025
- Activities · NACE
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