Financials
Financial year 2025
MIDDLEGATE EUROPE from Grâce-Hollogne, company number BE0890026468, closed financial year 2025 with a result of € 567,594 after tax. For that financial year MIDDLEGATE EUROPE recorded a gross margin of € 3.5 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 506,025 to € 567,594. 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 June 15, 2026.
€ 1.2 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 567,594
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 710,950
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
70 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
37.1
▲ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 15% vs 2024
€ 59,300 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.
€ 760,661
▲ 113% vs 2024
Of which on lease € 716,323.
Debts at end 2025
€ 1.9 million
▲ € 1.4 million vs 2024
€ 412,837 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 777,769
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 345,290
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,405,465 | € 2,638,603 | € 3,180,026 | € 3,540,734 | ▲ 11% |
| Profit after taxes | € 326,509 | € 306,543 | € 506,025 | € 567,594 | ▲ 12% |
| Equity | € 1,064,698 | € 971,242 | € 1,077,266 | € 1,244,860 | ▲ 16% |
| Total debts | € 1,914,221 | € 1,994,782 | € 1,874,653 | € 3,559,143 | ▲ 90% |
| Cash | € 909,819 | € 556,692 | € 703,849 | € 710,950 | ▲ 1% |
| Land & buildings | € 51,786 | € 45,049 | € 0 | - | |
| Retained profit | € 1,002,698 | € 909,242 | € 1,015,266 | € 1,182,860 | ▲ 17% |
| Dividend | € 400,000 | € 400,000 | € 400,000 | € 400,000 | |
| Bank debt | € 776,131 | € 627,812 | € 417,432 | € 1,855,578 | ▲ € 1.4 million |
| Balance sheet total | € 2,978,919 | € 2,966,024 | € 2,951,920 | € 4,804,003 | ▲ 63% |
| Employees (FTE) | 30.9 | 30.9 | 34.1 | 37.1 | ▲ 3 |
Key figures of MIDDLEGATE EUROPE, 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 MIDDLEGATE EUROPE?
What happened at MIDDLEGATE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kim NOTMAN stepped down as director. NBB
- Sandro CATALE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 567,594 (▲ 12% vs 2024). Source: NBB ↗
- Kim NOTMAN became a director. NBB
- Sandro CATALE became a director. NBB
- New establishment in Grâce-Hollogne. KBO
- Start of the company according to the CBE. KBO
In short
From € 326,509 profit in 2022 to € 567,594 profit in 2025.
Paid € 606,363 in corporate taxes since 2022.
Best year ever: 2025, with € 567,594 profit.
On average € 95,400 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
It owns 100% of TGV Transports itself.
Directors
According to the 2025 annual accounts
Kim NOTMAN
Managing director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue Blériot(Louis) 7B
4460 Grâce-Hollogne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0890.026.468
- VAT number
- BE 0890.026.468
- Registered office
- Rue Blériot(Louis) 7B, 4460 Grâce-Hollogne
- Names & denominations
- MIDDLEGATE EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2007
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
Opslag
Goederenvervoer over de weg
Logistieke diensten
Vervoersbemiddeling
Overige vervoerondersteunende activiteiten