Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Aartselaar Logistics from Aartselaar, company number BE0862450556, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year Aartselaar Logistics recorded a gross margin of € 2.2 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 853,784 to € 1.3 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 1.6 million
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 50% vs 2024
Profit after tax over the fiscal year.
€ 848,906
▲ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,233 paid out
1 % of the profit went to the shareholders, mostly to Baltisse Real Estate Investments (99 % of the shares). That is where the money ends up.
Debts at end 2025
€ 5 million
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 94,674
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 208,414
▲ 58% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,727,592 | € 1,818,757 | € 1,978,562 | € 2,173,237 | ▲ 10% |
| Profit after taxes | € 622,696 | € 741,842 | € 853,784 | € 1,283,117 | ▲ 50% |
| Equity | € 3,352,519 | € 2,714,362 | € 2,718,145 | € 1,600,363 | ▼ 41% |
| Total debts | € 6,407,997 | € 7,600,884 | € 7,009,131 | € 6,062,292 | ▼ 14% |
| Cash | € 680,463 | € 64,445 | € 608,558 | € 848,906 | ▲ 39% |
| Land & buildings | € 7,059,466 | € 6,968,917 | € 6,860,867 | € 6,302,983 | ▼ 8% |
| Retained profit | € 890,119 | € 251,962 | € 255,745 | € 1,529,630 | ▲ € 1.3 million |
| Dividend | € 0 | € 1,380,000 | € 850,000 | € 9,233 | ▼ 99% |
| Bank debt | € 5,800,000 | € 5,600,000 | € 5,400,000 | € 5,002,519 | ▼ 7% |
| Balance sheet total | € 9,760,516 | € 10,315,245 | € 9,727,276 | € 7,662,655 | ▼ 21% |
Key figures of Aartselaar Logistics, 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 Aartselaar Logistics?
What happened at Aartselaar Logistics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- J&R Participaties BV stepped down as director. NBB
- Desmatie BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 50% vs 2024). Source: NBB ↗
- J&R Participaties BV became a director. NBB
- Desmatie BV became a director. NBB
- Filiep Balcaen stepped down as director. NBB
- Alexander van Ravels BV stepped down as director. NBB
- Marc Janssens stepped down as director. NBB
In short
From € 622,696 profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
Paid out € 2.2 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 stake of Baltisse Real Estate Investments comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Aartselaar LogisticsThe shares are held by Baltisse Real Estate Investments (98.9%).
Directors
According to the 2025 annual accounts
Director · represented by Jean-Paul Sols
Also active at: PLBE, SMARTUNIT DEVELOPMENT, Porta Nova Invest
since 2025 · until 2031
Director · represented by Dieter De Saeger
Also active at: PLBE, SMARTUNIT DEVELOPMENT, Porta Nova Invest
since 2025 · until 2031
Filiep Balcaen
Director
Also active at: Huis te Lande, ARGIBEL, BUILDING, FLANDERS INTERNATIONAL AIRPORT, Marieposa, North Beach, Floorenter, LIEGE BECASSE +23 more
since 2021 · until 2025
Director · represented by Alexander van Ravels
Also active at: ARGIBEL, PUVAST, LIEGE BECASSE, BLUE LINE STORAGE, SOUVERAIN 100, ARCHIMEDES OFFICES, LUMMEN, Baltisse Real Estate Investments +3 more
since 2024 · until 2025
Marc Janssens
Director
Also active at: ARGIBEL, Sharp Insurance Brokers, BUILDING, GRADA INTERNATIONAL, SERVINT, PHYTO-TECHNICS, Floorenter, LIEGE BECASSE +32 more
since 2022 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kontichsesteenweg 54
2630 Aartselaar
Belliardstraat 40 box 6
1040 Etterbeek
Active since 31 December 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Schneider Electric Systems Belgium
€ 10.9 million revenue · 2025
PLBE same network
€ 253,439 gross margin · 2025
RetailWorkx
€ 13.4 million revenue · 2025
SMARTUNIT
ALTWOOD
€ 230,556 gross margin · 2025
+2 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
- 0862.450.556
- VAT number
- BE 0862.450.556
- Registered office
- Kontichsesteenweg 54, 2630 Aartselaar
- Names & denominations
- Aartselaar Logistics
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2003
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen