Financials
Financial year 2026
GLS Belgium Distribution from Drogenbos, company number BE0883914874, closed financial year 2026 with a result of € 6.5 million after tax. For that financial year GLS Belgium Distribution recorded revenue of € 75 million and equity of € 53.8 million. Compared with financial year 2025, the result moved from € 6.2 million to € 6.5 million. Profitable, and profit is growing. 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 September 29, 2026.
€ 53.8 million
▲ 14% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.5 million
▲ 5% vs 2025
Profit after tax over the fiscal year.
€ 7.2 million
▲ 150% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 50.2 million.
People and assets in 2026
241.3
▲ 4.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 18.2 million
▲ 2% vs 2025
€ 75,400 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.
€ 361,841
▼ 15% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 9 million
▼ 8% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 6 million
▲ 6% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 80,221,324 | € 76,451,974 | € 77,332,967 | € 74,988,651 | ▼ 3% |
| Profit after taxes | € 5,536,635 | € 3,913,115 | € 6,199,757 | € 6,527,385 | ▲ 5% |
| Equity | € 37,130,487 | € 41,043,602 | € 47,243,358 | € 53,770,743 | ▲ 14% |
| Total debts | € 15,481,242 | € 16,943,707 | € 16,972,770 | € 16,510,548 | ▼ 3% |
| Cash | € 22,634,765 | € 30,069,720 | € 2,870,136 | € 7,166,179 | ▲ 150% |
| Retained profit | € 33,517,071 | € 37,430,186 | € 43,629,942 | € 50,157,327 | ▲ 15% |
| Balance sheet total | € 53,367,429 | € 58,743,009 | € 64,971,828 | € 71,036,992 | ▲ 9% |
| Employees (FTE) | 244.7 | 239.7 | 236.7 | 241.3 | ▲ 4.6 |
Key figures of GLS Belgium Distribution, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to GLS Belgium Distribution?
What happened at GLS Belgium Distribution in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Achim Dunnwald stepped down as director. NBB
- Luc De Schrijver stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 6.5 million (▲ 5% vs 2025). Source: NBB ↗
- Achim Dunnwald became a director. NBB
- Luc De Schrijver became a director. NBB
- New establishment in Brussel. KBO
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 5.5 million profit in 2023 to € 6.5 million profit in 2026.
Paid € 8 million in corporate taxes since 2023.
Best year ever: 2026, with € 6.5 million profit.
Pays suppliers within 51 days on average.
Management
The shares are held by General Logistics Systems BV (100%).
Directors
According to the 2026 annual accounts
Achim Dunnwald
Director
since 2024 · until 2029
since 2023 · until 2029
Shareholders
General Logistics Systems BV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Humaniteitslaan 233
1620 Drogenbos
Sluisweg 10
9820 Merelbeke-Melle
Active since 2 October 2006
Schaarbeeklei 649
1800 Vilvoorde
Active since 2 October 2006
Les Coeuvins, H.-la-V. 13
6723 Habay
Active since 2 October 2006
Rue Buisson-aux-Loups 8
1400 Nivelles
Active since 2 October 2006
Heersterveldweg 17A
3700 Tongeren-Borgloon
Active since 7 November 2019
De Béjarlaan 2
1120 Brussel
Active since 7 June 2022
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 →GENERAL LOGISTICS SYSTEMS BELGIUM same network
€ 142 million revenue · 2026
Deelvereniging van mede-eigenaars "Gebouw A" van "Drogenbos Techno Center", Humaniteitslaan 233
Deelvereniging van mede-eigenaars "Gebouw D" van "Drogenbos Techno Center", Humaniteitslaan 233,1620 Drogenbos
PRAEVENTIS BELGIUM
€ 648,684 gross margin · 2025
PAUSE K’FE
€ 113,631 gross margin · 2024
+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
- 0883.914.874
- VAT number
- BE 0883.914.874
- Registered office
- Humaniteitslaan 233, 1620 Drogenbos
- Names & denominations
- GLS Belgium Distribution
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2006
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
Overige vrachtbehandeling
Overige vrachtbehandeling, exclusief in zeehavens
Goederenvervoer over de weg
Goederenvervoer over binnenwateren
Goederenvervoer over zee- en kustwateren
Vrachtbehandeling in zeehavens
Personenvervoer door de lucht
Luchtvaart volgens dienstregeling
+2