ACTIVE

DSV LOGISTICS

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Financial year 2025 · closed on 31/12/2025

Net result

1 M €

-22.9% YoY

Revenue

20,8 M €

+3.2% YoY

Equity

2,4 M €

+0.4% YoY

Workforce

145,1 ETP

+12.7% YoY

What does DSV LOGISTICS do?

DSV LOGISTICS is a Public limited company incorporated in 2002. Its main activity is: Warehousing and storage. Its registered office is in Gent. It employs on average 145,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.115.185

Incorporation

19/03/2002

Legal form

Public limited company

Registered office

Eddastraat 21
9042 Gent · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

145,1 ETP

Activities (NACE)

52100Warehousing and storage· main 52100Warehousing and storage 52249Cargo handling 52249Cargo handling 63112Data processing, hosting and related activities 63122Web portals+3

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2016		2013		2012		2011		2010		2009		2007
Income statement
Revenue	20,8 M €	+3.2%	20,2 M €	+8.6%	18,6 M €	+7.0%	17,4 M €	+19.3%	14,5 M €	+3.2%	14,1 M €	-7.5%	15,2 M €	+15.9%	13,1 M €	+31.6%	10 M €	+4.4%	9,6 M €	-46.9%	18 M €	-50.8%	36,7 M €	-3.3%	37,9 M €	-2.9%	39,1 M €	+50.8%	25,9 M €	-21.6%	33,1 M €	+35.0%	24,5 M €
EBITDA	1,4 M €	-17.2%	1,7 M €	+10.4%	1,6 M €	+15.2%	1,4 M €	-50.7%	2,8 M €	+191%	954,8 k €	-22.8%	1,2 M €	+4.7%	1,2 M €	+61.1%	733,4 k €	+1605%	-48,7 k €	-137%	130,5 k €	+129%	-443 k €	-135%	1,3 M €	+13.8%	1,1 M €	-37.0%	1,8 M €	-61.2%	4,6 M €	+2599%	170,1 k €
Operating result	1,4 M €	-14.3%	1,7 M €	+5.3%	1,6 M €	+31.6%	1,2 M €	+29.9%	932,9 k €	-2.3%	954,8 k €	-22.5%	1,2 M €	+4.7%	1,2 M €	+61.4%	729,3 k €	+732%	-115,5 k €	-291%	60,4 k €	+113%	-476,6 k €	-138%	1,3 M €	+13.6%	1,1 M €	-37.1%	1,8 M €	-61.0%	4,5 M €	+3471%	126,7 k €
Net result	1 M €	-22.9%	1,3 M €	+1.2%	1,3 M €	+60.3%	806,5 k €	+36.1%	592,7 k €	-12.5%	677,3 k €	-12.7%	775,6 k €	-18.5%	951,6 k €	+240%	280 k €	+340%	-116,8 k €	-138%	303,4 k €	+331%	-131,4 k €	-112%	1,1 M €	+6.7%	1 M €	-23.9%	1,4 M €	-54.3%	3 M €	+2783%	103,3 k €
Balance sheet
Equity	2,4 M €	+0.4%	2,4 M €	-7.3%	2,6 M €	-7.3%	2,8 M €	+0.2%	2,8 M €	-0.3%	2,8 M €	+1.0%	2,8 M €	+7.5%	2,6 M €	-69.8%	8,7 M €	+3.3%	8,4 M €	-1.4%	8,5 M €	-5.4%	9 M €	-1.4%	9,1 M €	+13.8%	8 M €	+14.9%	7 M €	+14.1%	6,1 M €	+330%	1,4 M €
Total assets	10,1 M €	-2.3%	10,3 M €	+5.0%	9,8 M €	+12.0%	8,8 M €	+3.5%	8,5 M €	+0.6%	8,4 M €	+41.7%	5,9 M €	-53.3%	12,7 M €	+13.3%	11,2 M €	+5.4%	10,7 M €	-1.1%	10,8 M €	-30.1%	15,4 M €	+0.4%	15,4 M €	-1.5%	15,6 M €	+7.5%	14,5 M €	+14.9%	12,6 M €	+56.1%	8,1 M €
Cash	4,3 M €	-14.7%	5 M €	-3.7%	5,2 M €	+18.5%	4,4 M €	-26.9%	6 M €	+29.0%	4,6 M €	+132%	2 M €	-76.6%	8,5 M €	-3.9%	8,9 M €	-7.0%	9,5 M €	+323%	2,3 M €	+113%	1,1 M €	+115%	492,5 k €	-75.4%	2 M €	+48.4%	1,3 M €	-4.0%	1,4 M €	+222%	436,6 k €
Debts	5,6 M €	-4.2%	5,9 M €	+12.0%	5,2 M €	+32.4%	3,9 M €	+13.6%	3,5 M €	-3.2%	3,6 M €	+14.5%	3,1 M €	-69.0%	10,1 M €	+300%	2,5 M €	+12.9%	2,2 M €	-2.5%	2,3 M €	-64.5%	6,5 M €	+4.6%	6,2 M €	-17.5%	7,5 M €	-0.3%	7,5 M €	+16.7%	6,4 M €	-3.3%	6,7 M €
Other
Workforce	145,1 ETP	+12.7%	128,7 ETP	+3.1%	124,8 ETP	+1.2%	123,3 ETP	+1.5%	121,5 ETP	-14.8%	142,6 ETP	-2.9%	146,9 ETP	+4.9%	140,0 ETP	+3.2%	135,6 ETP	-0.5%	136,3 ETP	-1.9%	139,0 ETP	+4.2%	133,4 ETP	+2.0%	130,8 ETP	-4.8%	137,4 ETP	+0.8%	136,3 ETP	+4.1%	130,9 ETP	+30.5%	100,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 25 ended

Active mandates

Edwin Eggebeen

Managing director · since 10 juin 2025 · until 10 juin 2031

Active

Scott Aaron MacDonald

Vice-chairman of the board of directors · since 10 juin 2025 · until 01 janvier 2026

Active

Walenda Maciej Grzegorz

Chairman of the board of directors · since 10 juin 2025 · until 10 juin 2031

Active

Albert-Derk Bruin

Chairman of the board of directors · since 11 juin 2024 · until 10 juin 2025

Active

Peter van der Maas

Vice-chairman of the board of directors · since 16 mars 2020 · until 09 juin 2026

Active

Ended mandates

Albert-Derk Bruin

Chairman of the board of directors · since 11 juin 2024 · until 11 juin 2030

Ended

Brian Ejsing

Chairman of the board of directors · since 05 avril 2022 · until 11 juin 2024

Ended

Brian Ejsing

Chairman of the board of directors · since 05 avril 2022 · until 04 avril 2028

Ended

Michael Ebbe

Vice-chairman of the board of directors · since 05 avril 2022 · until 11 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
DSV Contract Logistics● Active	0406.758.414
DSV Real Estate Ghent● Active	0805.798.794
INTEGRA LS (BENELUX)● Active	0470.175.826

Annual accounts

Full financial information

	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	23/06/2026	24/06/2025	10/07/2024	13/06/2023	29/03/2023	26/05/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	25/04/2023	17/05/2022	27/04/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	09/06/2026	23/06/2026	Dutch	PDF
Full model	31/12/2024	10/06/2025	24/06/2025	Dutch	PDF
Full model	31/12/2023	11/06/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	25/04/2023	13/06/2023	Dutch	PDF
Full modelCorrection	31/12/2021	17/05/2022	29/03/2023	Dutch	PDF
Full model	31/12/2021	17/05/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	27/04/2021	26/05/2021	Dutch	PDF
Full model	31/12/2019	09/06/2020	02/07/2020	Dutch	PDF
Full model	31/12/2018	30/04/2019	28/05/2019	Dutch	PDF
Full model	31/12/2017	24/04/2018	08/06/2018	Dutch	PDF
Full model	31/12/2016	15/05/2017	22/06/2017	Dutch	PDF
Full model	31/01/2016	26/07/2016	03/08/2016	Dutch	PDF
Full model	31/01/2015	28/07/2015	19/08/2015	Dutch	PDF
Full model	31/01/2014	22/07/2014	23/07/2014	Dutch	PDF
Full model	31/01/2013	23/07/2013	08/08/2013	Dutch	PDF
Full model	31/01/2012	12/06/2012	23/07/2012	Dutch	PDF
Full model	31/01/2011	14/06/2011	28/09/2011	Dutch	PDF
Full model	31/01/2010	08/06/2010	31/08/2010	Dutch	PDF
Full model	31/01/2009	09/06/2009	11/09/2009	Dutch	PDF
Full model	31/01/2008	10/06/2008	19/08/2008	Dutch	PDF
Full model	31/01/2007	12/06/2007	09/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 5 active · 25 ended

Active mandates

Edwin Eggebeen

Managing director · since 10 juin 2025 · until 10 juin 2031

Active

Scott Aaron MacDonald

Vice-chairman of the board of directors · since 10 juin 2025 · until 01 janvier 2026

Active

Walenda Maciej Grzegorz

Chairman of the board of directors · since 10 juin 2025 · until 10 juin 2031

Active

Albert-Derk Bruin

Chairman of the board of directors · since 11 juin 2024 · until 10 juin 2025

Active

Peter van der Maas

Vice-chairman of the board of directors · since 16 mars 2020 · until 09 juin 2026

Active

Ended mandates

Albert-Derk Bruin

Chairman of the board of directors · since 11 juin 2024 · until 11 juin 2030

Ended

Brian Ejsing

Chairman of the board of directors · since 05 avril 2022 · until 11 juin 2024

Ended

Brian Ejsing

Chairman of the board of directors · since 05 avril 2022 · until 04 avril 2028

Ended

Michael Ebbe

Vice-chairman of the board of directors · since 05 avril 2022 · until 11 juin 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates24/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/02/2023
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 20251 M €↓
2024
Annual accounts 20241,3 M €↑
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 2022806,5 k €↑
2021
Annual accounts 2021592,7 k €↓
2020
Annual accounts 2020677,3 k €↓
2019
Annual accounts 2019775,6 k €↓
2018
Annual accounts 2018951,6 k €↑
2017
Annual accounts 2017280 k €↑
2016
Annual accounts 2016-116,8 k €↓
2016
Annual accounts 2016303,4 k €↑
2016
Name changeDSV Logistics NV
2013
Annual accounts 2013-131,4 k €↓
2012
Annual accounts 20121,1 M €↑
2011
Annual accounts 20111 M €↓
2010
Annual accounts 20101,4 M €↓
2009
Annual accounts 20093 M €↑
2007
Annual accounts 2007103,3 k €
2007
Name changeUTI LOGISTICS
19/03/2002
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

DSV LOGISTICS

Overview

What does DSV LOGISTICS do?

Trend over 17 financial years

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