Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 84.9 to 75.4.
Financials
Financial year 2024
Feeder One België from Wommelgem, company number BE0879278076, closed financial year 2024 with a result of € 6 million after tax. For that financial year Feeder One België recorded revenue of € 61.6 million and equity of € 13 million. Compared with financial year 2023, the result moved from € 2.4 million to € 6 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2025.
€ 13 million
▼ 18% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6 million
▲ 147% vs 2023
Profit after tax over the fiscal year.
€ 190,422
▼ 23% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 3.4 million paid out
56 % of the profit went to the shareholders, mostly to PGZ International BV (100 % of the shares). That is where the money ends up.
People and assets in 2024
75.4
▼ 4.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4.6 million
▼ 10% vs 2023
€ 61,100 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.
€ 23,607
▼ 28% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.9 million
Loans from banks and other lenders, long and short.
€ 8.5 million
▲ 33% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 642,507
▼ 30% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 70,400,932 | € 61,958,784 | € 62,828,646 | € 61,629,286 | ▼ 2% |
| Profit after taxes | € 1,397,522 | € 1,118,682 | € 2,447,322 | € 6,036,986 | ▲ 147% |
| Equity | € 14,713,719 | € 15,832,401 | € 15,879,722 | € 12,970,520 | ▼ 18% |
| Total debts | € 13,417,145 | € 12,090,624 | € 7,514,458 | € 11,558,517 | ▲ 54% |
| Cash | € 171,679 | € 106,280 | € 247,674 | € 190,422 | ▼ 23% |
| Land & buildings | € 71,465 | € 47,643 | € 23,819 | - | |
| Retained profit | € 2,738,959 | € 3,857,641 | € 3,904,962 | € 6,541,949 | ▲ 68% |
| Dividend | € 0 | € 0 | € 2,400,000 | € 3,400,000 | ▲ 42% |
| Bank debt | € 1,123,546 | € 1,202,331 | € 0 | € 1,856,360 | |
| Balance sheet total | € 28,130,864 | € 27,923,025 | € 23,394,180 | € 24,529,037 | ▲ 5% |
| Employees (FTE) | 89.4 | 84.9 | 79.7 | 75.4 | ▼ 4.3 |
Key figures of Feeder One België, 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 Feeder One België?
What happened at Feeder One België in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Verlaan stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 6 million (▲ 147% vs 2023). filed late Source: NBB ↗
- VEDAMO CONSULTANCY BV became a director. NBB
- Paul Verlaan became a director. NBB
- New establishment in Wommelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.4 million profit in 2021 to € 6 million profit in 2024.
Paid € 1.2 million in corporate taxes since 2021.
Best year ever: 2024, with € 6 million profit.
Paid out € 5.8 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
Behind Feeder One België is VEDAMO CONSULTANCY BV. The shares are held by PGZ International BV (100%). It owns PGZ RETAIL CONCEPT itself.
Directors
According to the 2024 annual accounts
Director · represented by Nick Van Den Eynde
since 2024
since 2024 · until 2027
Shareholders
PGZ International BV
100%
Participations
Establishments
Establishment units
Physical locations of this company
Koralenhoeve 25
2160 Wommelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →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
Barracuda
Hosting
COMBELL-AS, BE
DNS
TransIP DNS
Domain
Domain
feederone.eu
Registrar
TransIP Group BV
Website info
Features
Security
Details
- Company number
- 0879.278.076
- VAT number
- BE 0879.278.076
- Registered office
- Koralenhoeve 25, 2160 Wommelgem
- Names & denominations
- Feeder One België
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 2006
- Peppol
- Active · Active since 7 Jan 2026
- Contact
- feederone.eu
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Logistieke diensten
Overige vervoerondersteunende activiteiten