ACTIVE

GHENT HANDLING AND DISTRIBUTION

Financial year 2025 · Closed on 31/12/2025

Net result8,6 M €+38,8 %over 1 year
Revenue117,1 M €+16,6 %over 1 year
Equity129,3 M €+2,1 %over 1 year
Workforce532,7 ETP+4,5 %over 1 year

Identity

Source · BCE/KBO

GHENT HANDLING AND DISTRIBUTION is a Public limited company incorporated in 1986. Its registered office is in Gent. It employs on average 532,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0430.119.477
Incorporation
19/12/1986
Legal form
Public limited company
Registered office
Mai Zetterlingstraat 70
9042 Gent · FlandreSee on map
Contributed capital
37 315 293,21 €
Latest accounts
31/12/2025
Average workforce
532,7 ETP
Joint committees (2)
  • 140
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue117,1 M €100,5 M €97,6 M €81,1 M €75,2 M €
EBITDA17,4 M €13,4 M €12,2 M €3,2 M €5,4 M €
Operating result10,8 M €7 M €7,1 M €-595,6 k €1,3 M €
Net result8,6 M €6,2 M €6,1 M €-480,1 k €1,2 M €
Balance sheet
Equity129,3 M €126,6 M €125,7 M €119,7 M €95,5 M €
Total assets172,1 M €169,5 M €168,9 M €169,1 M €142,2 M €
Cash3,3 k €4,3 k €4,3 k €43,8 k €5,9 k €
Debts41,8 M €41,6 M €41,3 M €48,6 M €46,1 M €
Other
Workforce532,7 ETP509,9 ETP500,0 ETP499,3 ETP472,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 28 ended

Active mandates

Condottiere

Director · since 01 juillet 2023 · until 23 juin 2027 · 0636.872.603

Represented by STEFAN HUTS

Active
BENFRA

Director · since 01 juin 2022 · until 23 juin 2027 · 0474.976.138

Represented by STEFAN DE VRIEZE

Active
METILUS

Director · since 23 juin 2021 · until 23 juin 2027 · 0849.955.768

Represented by JOOST VANDERPLAETSEN

Active
MIDOLYM

Director · since 23 juin 2021 · until 23 juin 2027 · 0658.766.689

Represented by BART VERSPRILLE

Active

Ended mandates

LVW Int.

Director · since 23 juin 2021 · until 31 mai 2022 · 0817.931.813

Represented by Dirk Lannoo

Ended
LVW Int.

Director · since 23 juin 2021 · until 23 juin 2027 · 0817.931.813

Represented by Dirk Lannoo

Ended
MIDOLYM

Director · since 01 août 2017 · until 23 juin 2021 · 0658.766.689

Represented by BART VERSPRILLE

Ended
MIDOLYM

Director · since 01 août 2017 · until 23 juin 2021 · 0658.766.689

Represented by BART VERSPRILLE

Ended

Other companies at this address

Mai Zetterlingstraat 70 9042 Gent
CompanyCBE no.
1015.449.349
0478.987.087
0464.430.654
0728.770.502
0400.283.465
SABEEN● Active
0449.090.697
0476.562.384
0793.405.659

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 date07/07/202601/07/202530/07/202421/08/202301/08/202230/07/2021
General meeting24/06/202625/06/202526/06/202430/06/202322/06/202223/06/2021
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 model31/12/202524/06/202607/07/2026DutchPDF
Full model31/12/202425/06/202501/07/2025DutchPDF
Full model31/12/202326/06/202430/07/2024DutchPDF
Full model31/12/202230/06/202321/08/2023DutchPDF
Full model31/12/202122/06/202201/08/2022DutchPDF
Full model31/12/202023/06/202130/07/2021DutchPDF
Full model31/12/201924/06/202010/08/2020DutchPDF
Full model31/12/201826/06/201905/08/2019DutchPDF
Full model31/12/201727/04/201818/05/2018DutchPDF
Full model31/12/201628/06/201724/08/2017DutchPDF
Full model31/12/201522/06/201623/08/2016DutchPDF
Full model31/12/201424/06/201506/08/2015DutchPDF
Full model31/12/201325/06/201412/08/2014DutchPDF
Full model31/12/201226/06/201322/08/2013DutchPDF
Full model31/12/201127/06/201209/08/2012DutchPDF
Full model31/12/201022/06/201109/08/2011DutchPDF
Full model31/12/200923/06/201003/08/2010DutchPDF
Full model30/12/200824/06/200912/08/2009DutchPDF
Full model30/12/200725/06/200827/08/2008DutchPDF
Full model30/12/200627/06/200720/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 28 ended

Active mandates

Condottiere

Director · since 01 juillet 2023 · until 23 juin 2027 · 0636.872.603

Represented by STEFAN HUTS

Active
BENFRA

Director · since 01 juin 2022 · until 23 juin 2027 · 0474.976.138

Represented by STEFAN DE VRIEZE

Active
METILUS

Director · since 23 juin 2021 · until 23 juin 2027 · 0849.955.768

Represented by JOOST VANDERPLAETSEN

Active
MIDOLYM

Director · since 23 juin 2021 · until 23 juin 2027 · 0658.766.689

Represented by BART VERSPRILLE

Active

Ended mandates

LVW Int.

Director · since 23 juin 2021 · until 31 mai 2022 · 0817.931.813

Represented by Dirk Lannoo

Ended
LVW Int.

Director · since 23 juin 2021 · until 23 juin 2027 · 0817.931.813

Represented by Dirk Lannoo

Ended
MIDOLYM

Director · since 01 août 2017 · until 23 juin 2021 · 0658.766.689

Represented by BART VERSPRILLE

Ended
MIDOLYM

Director · since 01 août 2017 · until 23 juin 2021 · 0658.766.689

Represented by BART VERSPRILLE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/09/2026
    HERBENOEMING COMMISSARIS i
    PDF
  • Registered office30/05/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates01/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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 20258,6 M €↑
  2. 2024
    Annual accounts 20246,2 M €↑
  3. 2023
    Annual accounts 20236,1 M €↑
  4. 01/07/2023
    nominationCondottiere — bijkomend bestuurder
  5. 30/06/2023
    reconductionErnst & Young Bedrijfsrevisoren — commissaris
  6. 30/06/2023
    nominationRonald Van den Ecker — vaste vertegenwoordiger
  7. 2022
    Annual accounts 2022-480,1 k €↓
  8. 10/08/2022
    augmentation_capital
  9. 01/06/2022
    nominationBenfra — bestuurder
  10. 2021
    Annual accounts 20211,2 M €↓
  11. 2020
    Annual accounts 20209 M €↑
  12. 2019
    Annual accounts 20191,1 M €↓
  13. 2018
    Annual accounts 20182,8 M €↑
  14. 2016
    Annual accounts 20161,8 M €↑
  15. 2015
    Annual accounts 2015-773,7 k €↓
  16. 2014
    Annual accounts 20142,7 M €↑
  17. 2013
    Annual accounts 20131,6 M €↓
  18. 2012
    Annual accounts 20122,1 M €↑
  19. 2011
    Annual accounts 2011637,4 k €↑
  20. 2010
    Annual accounts 2010-469,7 k €↓
  21. 2009
    Annual accounts 20092,3 M €↑
  22. 2008
    Annual accounts 2008725,9 k €
  23. 19/12/1986
    IncorporationPublic limited company