ACTIVE

SHURGARD BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result13,2 M €+8,3 %over 1 year

Revenue29,4 M €+19,4 %over 1 year

Equity160,1 M €+19,5 %over 1 year

Workforce36,1 ETP+3,4 %over 1 year

Identity

Source · BCE/KBO

SHURGARD BELGIUM is a Public limited company incorporated in 1994. Its main activity is: Warehousing and storage. Its registered office is in Asse. It employs on average 36,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0454.057.394
Incorporation: 08/12/1994
Legal form: Public limited company
Registered office: Zuiderlaan 14
1731 Asse · FlandreSee on map
Contributed capital: 39 396 691,00 €
Latest accounts: 31/12/2025
Average workforce: 36,1 ETP

Activities (NACE)

52100Warehousing and storage· main 52100Warehousing and storage 63122Web portals 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 25 filings

Trend over 14 financial years

	2025		2024		2022		2021		2020
Income statement
Revenue	29,4 M €	+19.4%	24,6 M €	+14.4%	21,5 M €	+9.6%	19,6 M €	+7.6%	18,2 M €
EBITDA	19,8 M €	+21.3%	16,3 M €	+21.8%	13,4 M €	-1.8%	13,7 M €	+12.1%	12,2 M €
Operating result	15,3 M €	+18.8%	12,8 M €	+26.7%	10,1 M €	+5.5%	9,6 M €	+4.5%	9,2 M €
Net result	13,2 M €	+8.3%	12,2 M €	+31.7%	9,3 M €	+4.4%	8,9 M €	+4.8%	8,5 M €
Balance sheet
Equity	160,1 M €	+19.5%	134 M €	+21.3%	110,5 M €	+9.2%	101,2 M €	+9.6%	92,3 M €
Total assets	183 M €	+18.0%	155,1 M €	+25.5%	123,6 M €	+12.1%	110,2 M €	+10.9%	99,4 M €
Cash	235,9 k €	+32.9%	177,5 k €	-79.2%	854,8 k €	+4.7%	816,4 k €	-19.0%	1 M €
Debts	19,3 M €	+6.2%	18,1 M €	+74.8%	10,4 M €	+59.7%	6,5 M €	+36.9%	4,7 M €
Other
Workforce	36,1 ETP	+3.4%	34,9 ETP	-21.9%	44,7 ETP	-4.1%	46,6 ETP	-1.5%	47,3 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

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period
Shurgard Luxembourg SARL	Directorsince 01/01/2019Manager01/09/2017 → 31/12/2018ended

Ended mandates

Director	Mandates in this company	Period
Shurgard luxembourg SàrlRepresented by Marc Oursin	Managersince 23/05/2012
Self Storage Management Belgium0889.913.830Represented by Jean Kreusch	Directorsince 01/01/2008Managersince 01/01/2008

Other companies at this address

Zuiderlaan 14 1731 Asse

Company	CBE no.
Allinco● Active	1010.445.040
CHI BRU Cargo Services● Active	1037.711.443
DBMI● Active	0889.486.634
Finvision Accountancy, Tax & Legal● Active	0816.810.571
FINVISION CFO SERVICES● Active	0846.232.948
Sauter Controls● Active	0422.977.804
SI-PROS● Active	0837.179.680
SVA GROUP● Active	0638.935.931
TEXIM EUROPE● Active	0877.557.911
VAL-GIN TRANSPORT● Active	0674.980.438

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/07/2026	02/07/2025	13/06/2024	14/06/2023	13/06/2023	30/06/2021
General meeting	24/07/2026	30/06/2025	22/05/2024	22/05/2023	25/04/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 25 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	24/07/2026	27/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	02/07/2025	Dutch	PDF
Full model	31/12/2023	22/05/2024	13/06/2024	Dutch	PDF
Full model	31/12/2022	22/05/2023	14/06/2023	Dutch	PDF
Full modelCorrection	31/12/2021	25/04/2022	13/06/2023	Dutch	PDF
Full model	31/12/2021	25/04/2022	09/06/2022	Dutch	PDF
Full model	31/12/2020	08/06/2021	30/06/2021	Dutch	PDF
Full model	31/12/2019	09/06/2020	26/06/2020	Dutch	PDF
Full model	31/12/2018	11/06/2019	05/07/2019	Dutch	PDF
Full model	31/12/2017	15/05/2018	15/06/2018	Dutch	PDF
Full model	31/12/2016	13/06/2017	27/07/2017	Dutch	PDF
Full model	31/12/2015	14/06/2016	22/06/2016	Dutch	PDF
Full model	31/12/2014	20/05/2015	28/05/2015	Dutch	PDF
Full modelCorrection	31/12/2013	15/05/2014	23/10/2014	Dutch	PDF
Full model	31/12/2013	15/05/2014	12/06/2014	Dutch	PDF
Full model	31/12/2012	10/06/2013	28/06/2013	French	PDF
Full model	31/12/2011	15/05/2012	27/07/2012	French	PDF
Full model	31/12/2010	16/06/2011	28/06/2011	French	PDF
Full model	31/12/2009	26/06/2010	29/07/2010	French	PDF
Full model	31/12/2008	26/06/2009	24/07/2009	French	PDF
Consolidated accounts	31/12/2008	23/10/2009	03/11/2009	French	PDF
Full model	31/12/2007	30/06/2008	29/07/2008	French	PDF
Consolidated accounts	31/12/2007	30/06/2008	29/07/2008	French	PDF
Full model	31/12/2006	11/06/2007	16/07/2007	French	PDF
Consolidated accounts	31/12/2006	11/06/2007	16/07/2007	French	PDF

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

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period
Shurgard Luxembourg SARL	Directorsince 01/01/2019Manager01/09/2017 → 31/12/2018ended

Ended mandates

Director	Mandates in this company	Period
Shurgard luxembourg SàrlRepresented by Marc Oursin	Managersince 23/05/2012
Self Storage Management Belgium0889.913.830Represented by Jean Kreusch	Directorsince 01/01/2008Managersince 01/01/2008

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/08/2026
ontslag - benoeming
PDF
Restructuring07/03/2025
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring07/03/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring21/11/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates28/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2023
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

Shurgard Luxembourg SARL

Shurgard luxembourg Sàrl

Self Storage Management Belgium

199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

SHURGARD BELGIUMSHURGARD SELF STORAGE

Zuiderlaan 14, 1731 Zellik

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Zuiderlaan 14, 1731 ZellikCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00334706

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SHURGARD BELGIUMCurrent	accounts 2013 → 2025	Accounts 2025 · 2026-00334706
SHURGARD SELF STORAGE	accounts 2008 → 2012	Accounts 2012 · 2013-25300315

Events

2025
Annual accounts 202513,2 M €↑
01/01/2025
augmentation_capital
2024
Annual accounts 202412,2 M €↑
22/05/2024
nominationPwC Bedrijfsrevisoren BV · commissaris
22/05/2024
nominationJeroen Bockaert · vaste vertegenwoordiger
27/06/2023
nominationHans De Vis · permanente vertegenwoordiger
03/01/2023
nominationIben Naesen · permanente vertegenwoordiger
2022
Annual accounts 20229,3 M €↑
2021
Annual accounts 20218,9 M €↑
10/05/2021
reconductionErnst & Young Bedrijfsrevisoren BV · commissaris
2020
Annual accounts 20208,5 M €↑
2019
Annual accounts 20196,1 M €↓
2018
Annual accounts 20187,6 M €↑
2015
Annual accounts 20157,4 M €↓
2014
Annual accounts 20148,5 M €↑
2013
Annual accounts 20138,2 M €↓
2013
Name changeSHURGARD BELGIUM
2012
Annual accounts 20129,6 M €↑
2011
Annual accounts 20118,5 M €↑
2010
Annual accounts 20107,7 M €↓
2008
Annual accounts 2008452 M €
08/12/1994
IncorporationPublic limited company

SHURGARD BELGIUM

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events