ACTIVE

PSA Baltics

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Financial year 2024 · closed on 31/12/2024

Net result

37,9 M €

+3852.0% YoY

Revenue

1,3 M €

-47.1% YoY

Equity

194,5 M €

+24.2% YoY

Workforce

5,0 ETP

-3.8% YoY

What does PSA Baltics do?

PSA Baltics is a Public limited company incorporated in 2018. Its main activity is: Support activities for transportation. Its registered office is in Antwerpen. It employs on average 5,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0715.850.397

Incorporation

14/12/2018

Legal form

Public limited company

Registered office

Napelsstraat 79
2000 Antwerpen · FlandreSee on map

Contributed capital

152 150 004,12 €

Latest accounts

31/12/2024

Average workforce

5,0 ETP

Activities (NACE)

52250Support activities for transportation· main 52290Other transportation support activities 64200Activities of holding companies 64210Activities of holding companies

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2024		2023		2022		2021		2020		2019
Income statement
Revenue	1,3 M €	-47.1%	2,4 M €	+6.8%	2,3 M €	+85.8%	1,2 M €	+26.9%	956,1 k €	+109%	458,3 k €
EBITDA	-2,3 M €	-178%	-834,7 k €	-192%	906,5 k €	+177%	327,5 k €	+119%	149,8 k €	+108%	-1,9 M €
Operating result	-2,3 M €	-178%	-834,7 k €	-192%	906,5 k €	+177%	327,5 k €	+119%	149,8 k €	+108%	-1,9 M €
Net result	37,9 M €	+3852%	959 k €	-41.8%	1,6 M €	+25.1%	1,3 M €	+3.2%	1,3 M €	+277%	-719,8 k €
Balance sheet
Equity	194,5 M €	+24.2%	156,6 M €	+0.6%	155,7 M €	+1.1%	154 M €	+0.9%	152,7 M €	+0.8%	151,4 M €
Total assets	462,6 M €	+12.5%	411,1 M €	+3.7%	396,5 M €	+3.9%	381,5 M €	+4.0%	366,7 M €	-5.7%	388,9 M €
Cash	–		–		–		–		–		9,7 M €
Debts	211,9 M €	+0.1%	211,7 M €	+0.2%	211,3 M €	+0.0%	211,2 M €	+0.1%	211,1 M €	-6.0%	224,5 M €
Other
Workforce	5,0 ETP	-3.8%	5,2 ETP	+79.3%	2,9 ETP	-3.3%	3,0 ETP	+3.4%	2,9 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 3 ended

Active mandates

Hak Sen Vincent NG

Director · since 01 juillet 2024 · until 31 mai 2030

Active

Dirk Jan STORM

Director · since 01 novembre 2022 · until 26 mai 2028

Active

David Antonius YANG

Director · since 14 décembre 2018 · until 30 juin 2024

Active

Ended mandates

David Antonius Yang

Director · since 14 décembre 2018 · until 31 mai 2024

Ended

Vincent Hak Sen Ng

Director · since 14 décembre 2018 · until 31 mai 2024

Ended

Vincent Hak Sen NG

Director · since 14 décembre 2018 · until 01 novembre 2022

Ended

At this address

Other companies at this address

Company	CBE no.
ANTWERP INTERNATIONAL TERMINAL● Active	0876.706.685
ANTWERP TERMINAL SERVICES● Active	0506.666.137
COMPUTER SOFTWARE, MANAGEMENT, OPERATIONS AND SERVICES● Active	0447.255.518
GLOBAL PORTS SERVICES● Active	0694.876.128
MSC PSA EUROPEAN TERMINAL● Active	0552.527.539
NOREXA● Liquidation	0431.051.172
PSA Antwerp● Active	0442.652.075
PSA BELGIUM● Active	0715.847.132
PSA Belgium Holdings● Active	0778.443.014
PSA Belgium Ventures● Active	0723.677.705
PSA Breakbulk● Active	0689.746.214
PSA FINANCE EUROPE● Active	0882.346.048
PSA Genoa Investments● Active	0751.776.823
PSA Intermodal Italy● Active	1024.460.847
PSA Investments● Active	0671.672.441
PSA Marine Belgium● Active	0721.963.773
PSA Padova Belgium● Active	1037.746.382
PSA Supply Chain Solutions Belgium● Active	0776.990.091

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	14/12/2018
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	13 months
Filing date	26/12/2025	30/09/2024	15/01/2024	17/10/2022	23/02/2022	05/08/2020
General meeting	19/12/2025	27/09/2024	22/12/2023	13/10/2022	23/02/2022	31/07/2020
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

6 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	19/12/2025	26/12/2025	Dutch	PDF
Full model	31/12/2023	27/09/2024	30/09/2024	Dutch	PDF
Full model	31/12/2022	22/12/2023	15/01/2024	Dutch	PDF
Full model	31/12/2021	13/10/2022	17/10/2022	Dutch	PDF
Full model	31/12/2020	23/02/2022	23/02/2022	Dutch	PDF
Full model	31/12/2019	31/07/2020	05/08/2020	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 3 ended

Active mandates

Hak Sen Vincent NG

Director · since 01 juillet 2024 · until 31 mai 2030

Active

Dirk Jan STORM

Director · since 01 novembre 2022 · until 26 mai 2028

Active

David Antonius YANG

Director · since 14 décembre 2018 · until 30 juin 2024

Active

Ended mandates

David Antonius Yang

Director · since 14 décembre 2018 · until 31 mai 2024

Ended

Vincent Hak Sen Ng

Director · since 14 décembre 2018 · until 31 mai 2024

Ended

Vincent Hak Sen NG

Director · since 14 décembre 2018 · until 01 novembre 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/06/2019
KAPITAAL - AANDELEN
PDF
Capital / shares21/05/2019
KAPITAAL - AANDELEN
PDF
Other18/12/2018
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

15/05/2026
nominationTerence Lee — bestuurder
19/12/2025
reconductionFrederic Poesen — commissaris
2024
Annual accounts 202437,9 M €↑
01/07/2024
nominationNg Hak Sen Vincent — bestuurder
2023
Annual accounts 2023959 k €↓
2022
Annual accounts 20221,6 M €↑
01/11/2022
nominationDirk Jan Storm — bestuurder
31/10/2022
reconductionKPMG Bedrijfsrevisoren — commissaris
2021
Annual accounts 20211,3 M €↑
2020
Annual accounts 20201,3 M €↑
2019
Annual accounts 2019-719,8 k €
14/12/2018
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

PSA Baltics

Overview

What does PSA Baltics do?

Trend over 6 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