ACTIVE

On Time Distribution

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Financial year 2025 · closed on 31/12/2025

Net result

-259,5 k €

-178.8% YoY

Revenue

18 M €

+25.3% YoY

Equity

4,2 M €

-5.9% YoY

Workforce

30,6 ETP

+14.6% YoY

What does On Time Distribution do?

On Time Distribution is a Public limited company incorporated in 1996. Its registered office is in Kortrijk. It employs on average 30,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.369.036

Incorporation

10/12/1996

Legal form

Public limited company

Registered office

Noordlaan(Heu) 5 box 4
8501 Kortrijk · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

30,6 ETP

Joint committees (4)

140
14003
226
2260

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	18 M €	+25.3%	14,4 M €	+3.4%	13,9 M €	+10.8%	12,6 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	148,2 k €	-82.5%	845,8 k €	-3.3%	874,7 k €	-24.4%	1,2 M €	+10.2%	1 M €	+25.0%	840 k €	-27.2%	1,2 M €	+11.1%	1 M €	-0.3%	1 M €	+55.6%	669,5 k €	+1.2%	661,4 k €	-13.2%	761,8 k €	-8.7%	834,6 k €	+23.9%	673,6 k €	+25.6%	536,2 k €	+225%	165 k €	-6.2%	175,9 k €	-49.2%	346,4 k €	+70.1%	203,6 k €	-0.6%	204,9 k €
Operating result	-163,9 k €	-131%	522,2 k €	-5.7%	553,9 k €	-33.3%	830,4 k €	+12.9%	735,6 k €	+48.1%	496,7 k €	-35.0%	764,3 k €	+15.2%	663,4 k €	+3.1%	643,5 k €	+62.3%	396,4 k €	+21.6%	326,1 k €	-32.5%	482,9 k €	-21.6%	616,3 k €	+31.5%	468,5 k €	+24.7%	375,6 k €	+3841%	9,5 k €	-89.9%	94,4 k €	-33.1%	141,1 k €	+75.0%	80,7 k €	+51.7%	53,2 k €
Net result	-259,5 k €	-179%	329,3 k €	+4.1%	316,3 k €	-43.5%	559,4 k €	+8.2%	517 k €	+39.7%	370 k €	-27.0%	506,7 k €	+61.0%	314,7 k €	-22.7%	407,4 k €	+73.0%	235,5 k €	+36.5%	172,5 k €	-39.6%	285,6 k €	-27.8%	395,4 k €	+39.7%	283,1 k €	+33.7%	211,7 k €	+611%	-41,4 k €	-166%	62,8 k €	-37.3%	100,2 k €	+151%	40 k €	+13295%	298,5 €
Balance sheet
Equity	4,2 M €	-5.9%	4,4 M €	+8.1%	4,1 M €	+8.4%	3,8 M €	+17.4%	3,2 M €	+19.2%	2,7 M €	+16.0%	2,3 M €	+27.9%	1,8 M €	+21.0%	1,5 M €	+37.3%	1,1 M €	+0.1%	1,1 M €	+18.7%	917,9 k €	+45.1%	632,8 k €	-12.0%	719,2 k €	+64.7%	436,6 k €	+93.7%	225,4 k €	-15.7%	267,4 k €	+30.4%	205,1 k €	+94.4%	105,5 k €	+59.3%	66,2 k €
Total assets	10,1 M €	-2.9%	10,4 M €	-4.2%	10,9 M €	-2.9%	11,2 M €	+35.7%	8,3 M €	-4.4%	8,7 M €	+7.8%	8 M €	-3.6%	8,3 M €	+92.2%	4,3 M €	+15.0%	3,8 M €	-2.3%	3,9 M €	+62.7%	2,4 M €	+18.2%	2 M €	-15.6%	2,4 M €	+21.5%	2 M €	+1.2%	1,9 M €	+11.6%	1,7 M €	+7.8%	1,6 M €	+8.1%	1,5 M €	-7.5%	1,6 M €
Cash	784,5 k €	+93.2%	406,1 k €	-22.2%	522,3 k €	-20.7%	658,8 k €	+0.2%	657,5 k €	-20.1%	822,5 k €	+25.3%	656,5 k €	-1.1%	663,7 k €	-52.2%	1,4 M €	+83.5%	756,2 k €	+95.2%	387,4 k €	+158%	150,2 k €	-53.7%	324,5 k €	-15.6%	384,3 k €	+25.9%	305,1 k €	+21.8%	250,5 k €	+373%	53 k €	+134%	22,6 k €	-78.7%	106,5 k €	+10.3%	96,6 k €
Debts	6 M €	-0.5%	6 M €	-11.4%	6,8 M €	-8.8%	7,4 M €	+47.7%	5 M €	-15.2%	5,9 M €	+4.8%	5,7 M €	-12.7%	6,5 M €	+130%	2,8 M €	+6.1%	2,7 M €	-3.6%	2,8 M €	+95.0%	1,4 M €	+4.6%	1,3 M €	-18.3%	1,7 M €	+10.4%	1,5 M €	-11.3%	1,7 M €	+16.9%	1,4 M €	+4.9%	1,4 M €	+1.2%	1,4 M €	-10.0%	1,5 M €
Other
Workforce	30,6 ETP	+14.6%	26,7 ETP	+12.2%	23,8 ETP	+19.0%	20,0 ETP	+6.4%	18,8 ETP	+3.9%	18,1 ETP	+16.0%	15,6 ETP	+35.7%	11,5 ETP	+21.1%	9,5 ETP	-18.8%	11,7 ETP	+2.6%	11,4 ETP	+6.5%	10,7 ETP	+10.3%	9,7 ETP	+15.5%	8,4 ETP	-13.4%	9,7 ETP	-4.0%	10,1 ETP	+7.4%	9,4 ETP	-17.5%	11,4 ETP	-5.8%	12,1 ETP	+75.4%	6,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 30 ended

Active mandates

FALCON FUND MANAGEMENT

Director · since 09 juin 2025 · until 09 juin 2031 · 0653.840.871

Represented by Koen Perdu

Active

ON TIME LOGISTICS

Director · since 09 juin 2025 · until 09 juin 2031 · 0722.549.040

Represented by Filip Goossens

Active

Ended mandates

FALCON FUND MANAGEMENT

Director · since 12 mars 2019 · until 12 mars 2025 · 0653.840.871

Represented by Koen Perdu

Ended

FALCON FUND MANAGEMENT

Director · since 12 mars 2019 · until 09 juin 2025 · 0653.840.871

Represented by Koen Perdu

Ended

ON TIME LOGISTICS

Director · since 12 mars 2019 · until 12 mars 2025 · 0722.549.040

Represented by Filip Goossens

Ended

ON TIME LOGISTICS

Director · since 12 mars 2019 · until 09 juin 2025 · 0722.549.040

Represented by Filip Goossens

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Abridged model	Abridged 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	08/07/2026	01/07/2025	10/07/2024	29/06/2023	30/06/2022	16/06/2021
General meeting	19/06/2026	09/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	08/07/2026	Dutch	PDF
Full model	31/12/2024	09/06/2025	01/07/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	12/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	14/06/2021	16/06/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	07/07/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	10/07/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	09/07/2018	Dutch	PDF
Abridged model	31/12/2016	09/03/2017	04/04/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	20/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	21/08/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	24/08/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	23/07/2009	Dutch	PDF
Abridged model	31/12/2007	11/06/2008	18/07/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	24/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 30 ended

Active mandates

FALCON FUND MANAGEMENT

Director · since 09 juin 2025 · until 09 juin 2031 · 0653.840.871

Represented by Koen Perdu

Active

ON TIME LOGISTICS

Director · since 09 juin 2025 · until 09 juin 2031 · 0722.549.040

Represented by Filip Goossens

Active

Ended mandates

FALCON FUND MANAGEMENT

Director · since 12 mars 2019 · until 12 mars 2025 · 0653.840.871

Represented by Koen Perdu

Ended

FALCON FUND MANAGEMENT

Director · since 12 mars 2019 · until 09 juin 2025 · 0653.840.871

Represented by Koen Perdu

Ended

ON TIME LOGISTICS

Director · since 12 mars 2019 · until 12 mars 2025 · 0722.549.040

Represented by Filip Goossens

Ended

ON TIME LOGISTICS

Director · since 12 mars 2019 · until 09 juin 2025 · 0722.549.040

Represented by Filip Goossens

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/06/2021
KAPITAAL - AANDELEN
PDF
Registered office26/02/2021
MAATSCHAPPELIJKE ZETEL
PDF
Registered office18/09/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other09/07/2019
BENAMING
PDF
Mandates04/06/2019
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-259,5 k €↓
2024
Annual accounts 2024329,3 k €↑
2023
Annual accounts 2023316,3 k €↓
2022
Annual accounts 2022559,4 k €↑
2021
Annual accounts 2021517 k €↑
2020
Annual accounts 2020370 k €↓
2019
Annual accounts 2019506,7 k €↑
2018
Annual accounts 2018314,7 k €↓
2018
Name changeOn Time Distribution
2017
Annual accounts 2017407,4 k €↑
2016
Annual accounts 2016235,5 k €↑
2015
Annual accounts 2015172,5 k €↓
2014
Annual accounts 2014285,6 k €↓
2013
Annual accounts 2013395,4 k €↑
2012
Annual accounts 2012283,1 k €↑
2011
Annual accounts 2011211,7 k €↑
2010
Annual accounts 2010-41,4 k €↓
2009
Annual accounts 200962,8 k €↓
2008
Annual accounts 2008100,2 k €↑
2007
Annual accounts 200740 k €↑
2006
Annual accounts 2006298,5 €
2006
Name changeOn Time Sprinter Service
10/12/1996
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

On Time Distribution

Overview

What does On Time Distribution do?

Trend over 20 financial years

Indicative valuation

Board of directors

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