ACTIVE

GXO Logistics Chemicals Belgium

Financial year 2025 · Closed on 31/12/2025

Net result737,5 k €-85,5 %over 1 year
Revenue9,3 M €-2,0 %over 1 year
Equity7,6 M €+10,8 %over 1 year
Workforce67,9 ETP-3,0 %over 1 year

Identity

Source · BCE/KBO

GXO Logistics Chemicals Belgium is a Public limited company incorporated in 1968. Its main activity is: Warehousing and storage. Its registered office is in Welkenraedt. It employs on average 67,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0402.469.331
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Rue de l'Industrie 14
4840 Welkenraedt · WallonieSee on map
Contributed capital
627 000,00 €
Latest accounts
31/12/2025
Average workforce
67,9 ETP
Joint committees (4)
  • 140
  • 14003
  • 226
  • 22600
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue9,3 M €9,5 M €12,9 M €35,4 M €33,4 M €
EBITDA665,9 k €5,9 M €-2,4 M €985,4 k €-168,6 k €
Operating result595,7 k €5,6 M €606,2 k €-2,9 M €-274,6 k €
Net result737,5 k €5,1 M €461,5 k €-3,1 M €-505,7 k €
Balance sheet
Equity7,6 M €6,8 M €1,8 M €1,3 M €4,4 M €
Total assets10,4 M €8,2 M €8 M €17,1 M €16,2 M €
Cash382,5 k €195,3 k €379,9 k €6,1 M €2,5 M €
Debts2,7 M €1,2 M €6,2 M €11 M €11,8 M €
Other
Workforce67,9 ETP70,0 ETP83,5 ETP179,5 ETP195,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 35 ended

Active mandates

Benedict Saelen

Director · since 27 février 2026 · until 27 février 2032

Active
Bouke Laskewitz

Director · since 17 octobre 2024 · until 14 mai 2030

Active
Wilhelmus Johannes Mattheus Veekens

Director · since 01 décembre 2023 · until 01 décembre 2029

Active
Richard Cawston

Managing director · since 01 janvier 2018 · until 27 février 2026

Active

Ended mandates

Luc Laurijssens

Director · since 29 septembre 2021 · until 19 juillet 2024

Ended
Luc Laurijssens

Director · since 29 septembre 2021 · until 29 septembre 2027

Ended
Richard Cawston

Managing director · since 01 janvier 2018 · until 10 mai 2029

Ended
Richard CAWSTON

Director · since 01 janvier 2018 · until 10 mai 2023

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/07/202609/12/202528/10/202428/08/202311/05/202312/10/2021
General meeting10/07/202605/12/202504/10/202407/07/202331/03/202330/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202510/07/202622/07/2026FrenchPDF
Full model31/12/202405/12/202509/12/2025FrenchPDF
Full model31/12/202304/10/202428/10/2024FrenchPDF
Full model31/12/202207/07/202328/08/2023FrenchPDF
Full model31/12/202131/03/202311/05/2023FrenchPDF
Full model31/12/202030/06/202112/10/2021FrenchPDF
Full model31/12/201903/06/202022/01/2021FrenchPDF
Full model31/12/201803/07/201916/08/2019FrenchPDF
Full model31/12/201730/05/201801/08/2018FrenchPDF
Full model31/12/201631/05/201730/06/2017FrenchPDF
Full model31/12/201501/06/201626/07/2016FrenchPDF
Full model31/12/201403/06/201519/06/2015FrenchPDF
Full model31/12/201314/05/201424/06/2014FrenchPDF
Full model31/12/201229/05/201303/06/2013FrenchPDF
Full model31/12/201121/06/201201/08/2012FrenchPDF
Full model31/12/201021/06/201108/07/2011FrenchPDF
Full model31/12/200912/05/201008/06/2010FrenchPDF
Full model31/12/200805/06/200924/06/2009FrenchPDF
Full model31/12/200714/05/200803/07/2008FrenchPDF
Full model31/12/200611/06/200710/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 35 ended

Active mandates

Benedict Saelen

Director · since 27 février 2026 · until 27 février 2032

Active
Bouke Laskewitz

Director · since 17 octobre 2024 · until 14 mai 2030

Active
Wilhelmus Johannes Mattheus Veekens

Director · since 01 décembre 2023 · until 01 décembre 2029

Active
Richard Cawston

Managing director · since 01 janvier 2018 · until 27 février 2026

Active

Ended mandates

Luc Laurijssens

Director · since 29 septembre 2021 · until 19 juillet 2024

Ended
Luc Laurijssens

Director · since 29 septembre 2021 · until 29 septembre 2027

Ended
Richard Cawston

Managing director · since 01 janvier 2018 · until 10 mai 2029

Ended
Richard CAWSTON

Director · since 01 janvier 2018 · until 10 mai 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/08/2026
    Nomination d’un commissaire
    PDF
  • Mandates16/03/2026
    DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates05/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares07/11/2024
    CAPITAL, ACTIONS
    PDF
  • Mandates04/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/03/2024
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025737,5 k €↓
  2. 2024
    Annual accounts 20245,1 M €↑
  3. 2023
    Annual accounts 2023461,5 k €↑
  4. 2022
    Annual accounts 2022-3,1 M €↓
  5. 2021
    Annual accounts 2021-505,7 k €↓
  6. 2020
    Annual accounts 2020947,5 k €↓
  7. 2019
    Annual accounts 20192 M €↑
  8. 2017
    Annual accounts 2017-111,1 k €↑
  9. 2016
    Annual accounts 2016-479,6 k €↑
  10. 2014
    Annual accounts 2014-2,4 M €↓
  11. 2013
    Annual accounts 2013-1,2 M €↑
  12. 2012
    Annual accounts 2012-4,3 M €↓
  13. 2011
    Annual accounts 2011-3,8 M €↓
  14. 2010
    Annual accounts 20102,3 M €↑
  15. 2009
    Annual accounts 2009265,6 k €↓
  16. 2008
    Annual accounts 20081,2 M €
  17. 01/01/1968
    IncorporationPublic limited company