What does HB Distribution do?

HB Distribution is a courier company in Courcelles. Private Limited, started on 15 February 2005, 1 establishment.

What is the address of HB Distribution?

The registered office of HB Distribution is located at Rue de Hainaut(CO) 30, 6180 Courcelles.

Is HB Distribution still active?

Yes. According to the CBE (30 October 2026) HB Distribution is active, legal situation “Normale toestand”, started on 15 February 2005.

Is HB Distribution registered on Peppol?

Yes, HB Distribution is registered on the Peppol network with ID 0208:0871904888.

What is the enterprise number of HB Distribution?

The enterprise number of HB Distribution is BE0871904888.

When was HB Distribution founded?

HB Distribution was founded on 15 February 2005.

Who are the directors of HB Distribution?

According to the 2025 annual accounts, the directors of HB Distribution are: BVR CAPITAL srl, RJMSV srl.

Is HB Distribution a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 February 2005; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did HB Distribution make in 2025?

HB Distribution posted a profit after taxes of € 29,321 in financial year 2025.

What is the revenue of HB Distribution?

As a small company, HB Distribution is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,953,214.

How much does an employee at HB Distribution earn?

The average wage cost per full-time employee at HB Distribution was € 41,700 in 2025: staff costs of € 1.7 million for 41 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does HB Distribution have?

According to the 2025 annual accounts, HB Distribution has 41 full-time equivalents (FTE).

HB Distribution (Private Limited) - Courcelles

Dossier HB Distribution, printed on 30 October 2026 from databakkes.be/en/0871904888/hb-distribution. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

HB Distribution from Courcelles, company number BE0871904888, closed financial year 2025 with a result of € 29,321 after tax. For that financial year HB Distribution recorded a gross margin of € 2 million and equity of € 321,710. Compared with financial year 2024, the result moved from € 23,698 to € 29,321. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.

What it is worth Growing

€ 321,710

▲ 10% vs 2024

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

Profit Growing

€ 29,321

▲ 24% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 346,981

▲ 22% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 303,110.

People and assets in 2025

Full-time equivalents

▲ 11.9 vs 2024

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

Wage cost

€ 1.7 million

▲ 38% vs 2024

€ 41,700 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.

Vehicles and equipment

€ 70,806

▲ 37% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 354,381

▲ 1% vs 2024

€ 13,885 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 422,163

▲ 5% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 201,804

▲ 39% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,024,912 Gross margin 2022: € 1,024,912 First fiscal year in the series	€ 891,779 Gross margin 2023: € 891,779 ▼ 13% vs 2022 (€ 1,024,912) Unfavourable step	€ 1,401,458 Gross margin 2024: € 1,401,458 ▲ 57% vs 2023 (€ 891,779) Favourable step	€ 1,953,214 Gross margin 2025: € 1,953,214 ▲ 39% vs 2024 (€ 1,401,458) Favourable step	▲ 39%
Profit after taxes	€ 30,230 Profit after taxes 2022: € 30,230 First fiscal year in the series	€ 10,452 Profit after taxes 2023: € 10,452 ▼ 65% vs 2022 (€ 30,230) Unfavourable step	€ 23,698 Profit after taxes 2024: € 23,698 ▲ 127% vs 2023 (€ 10,452) Favourable step	€ 29,321 Profit after taxes 2025: € 29,321 ▲ 24% vs 2024 (€ 23,698) Favourable step	▲ 24%
Equity	€ 258,239 Equity 2022: € 258,239 First fiscal year in the series	€ 268,691 Equity 2023: € 268,691 ▲ 4% vs 2022 (€ 258,239) Favourable step	€ 292,389 Equity 2024: € 292,389 ▲ 9% vs 2023 (€ 268,691) Favourable step	€ 321,710 Equity 2025: € 321,710 ▲ 10% vs 2024 (€ 292,389) Favourable step	▲ 10%
Total debts	€ 1,234,402 Total debts 2022: € 1,234,402 First fiscal year in the series	€ 1,126,102 Total debts 2023: € 1,126,102 ▼ 9% vs 2022 (€ 1,234,402) Favourable step	€ 948,830 Total debts 2024: € 948,830 ▼ 16% vs 2023 (€ 1,126,102) Favourable step	€ 993,116 Total debts 2025: € 993,116 ▲ 5% vs 2024 (€ 948,830) Unfavourable step	▲ 5%
Cash	€ 270,991 Cash 2022: € 270,991 First fiscal year in the series	€ 444,452 Cash 2023: € 444,452 ▲ 64% vs 2022 (€ 270,991) Favourable step	€ 283,616 Cash 2024: € 283,616 ▼ 36% vs 2023 (€ 444,452) Unfavourable step	€ 346,981 Cash 2025: € 346,981 ▲ 22% vs 2024 (€ 283,616) Favourable step	▲ 22%
Retained profit	€ 239,639 Retained profit 2022: € 239,639 First fiscal year in the series	€ 250,091 Retained profit 2023: € 250,091 ▲ 4% vs 2022 (€ 239,639) Favourable step	€ 273,789 Retained profit 2024: € 273,789 ▲ 9% vs 2023 (€ 250,091) Favourable step	€ 303,110 Retained profit 2025: € 303,110 ▲ 11% vs 2024 (€ 273,789) Favourable step	▲ 11%
Dividend	€ 30,230 Dividend 2022: € 30,230 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 30,230) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 456,972 Bank debt 2022: € 456,972 First fiscal year in the series	€ 404,862 Bank debt 2023: € 404,862 ▼ 11% vs 2022 (€ 456,972) Favourable step	€ 349,563 Bank debt 2024: € 349,563 ▼ 14% vs 2023 (€ 404,862) Favourable step	€ 354,381 Bank debt 2025: € 354,381 ▲ 1% vs 2024 (€ 349,563) Unfavourable step	▲ 1%
Balance sheet total	€ 1,492,641 Balance sheet total 2022: € 1,492,641 First fiscal year in the series	€ 1,394,793 Balance sheet total 2023: € 1,394,793 ▼ 7% vs 2022 (€ 1,492,641) Unchanged	€ 1,241,219 Balance sheet total 2024: € 1,241,219 ▼ 11% vs 2023 (€ 1,394,793) Unchanged	€ 1,314,825 Balance sheet total 2025: € 1,314,825 ▲ 6% vs 2024 (€ 1,241,219) Unchanged	▲ 6%
Employees (FTE)	23.9 Employees (FTE) 2022: 23.9 First fiscal year in the series	21.7 Employees (FTE) 2023: 21.7 ▼ 2.2 vs 2022 (23.9) Unchanged	29.1 Employees (FTE) 2024: 29.1 ▲ 7.4 vs 2023 (21.7) Unchanged	41 Employees (FTE) 2025: 41 ▲ 11.9 vs 2024 (29.1) Unchanged	▲ 11.9

Key figures of HB Distribution, 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 HB Distribution?

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

Jul 31, 2026 New annual accounts for financial year 2025: profit of € 29,321 (▲ 24% vs 2024). Source: NBB ↗
2026 BVR CAPITAL srl became a director. NBB
2026 RJMSV srl stepped down as director. NBB
2017 RJMSV srl became a director. NBB
Jun 9, 2005 New establishment in Fleurus. KBO
Feb 15, 2005 Start of the company according to the CBE. KBO

In short

From € 30,230 profit in 2022 to € 29,321 profit in 2025.

Paid € 79,889 in corporate taxes since 2022.

Best year ever: 2022, with € 30,230 profit.

On average € 47,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

BVR CAPITAL srl

HB Distribution

Behind HB Distribution is BVR CAPITAL srl.

Directors

According to the 2025 annual accounts

BVR CAPITAL srl

Director · represented by Jan VAN REETH

since 2026

RJMSV srl

Director · represented by Philippe DAMMAN

Also active at: DAMMAN TRANSPORT LOGISTIQUE ET ORGANISATIONS

since 2017 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Hainaut(CO) 30

6180 Courcelles

2.147.374.716

Avenue de Spirou(FL) 11

6220 Fleurus

Active since 9 June 2005

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

FB LOGISTICS INTL.

€ 43,690 gross margin · 2025

NEW CUSTOMSERVICE

€ 217,608 gross margin · 2025

HB LOGISTICS

€ 182,382 gross margin · 2025

BVR Capital same network

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

Details

Company number

0871.904.888

VAT number

BE 0871.904.888

Registered office

Rue de Hainaut(CO) 30, 6180 Courcelles

Names & denominations

HB Distribution

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

15 February 2005

Peppol

Active · Active since 5 Nov 2025

Activities · NACE

Overige posterijen en koeriers

Koeriers, exclusief de nationale posterijen

Goederenvervoer over de weg

Overige activiteiten i.v.m. de organisatie van het vrachtvervoer

Logistieke diensten

Overige vervoerondersteunende activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

HB Distribution

Warning lights

Financials

What happened to HB Distribution?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions