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DISTEEL

Active
Public limited companyfounded 1923102 yrs activeIndustrieweg 106, 9032 Gent, BelgiumKBO/BCE: BE 0401.546.445
Summary

DISTEEL has been active since 1923 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.3m and a net result of -€1.2m. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 51% of 5046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability18▲+2
Solvency71=
Growth26▲+3
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €850,000 at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.63 in 2024; short-term debt: 52.5% and cash: 0.1% of total assets), but 53.7% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 102 years 0 110 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
46.3%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.2m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
44 d early
2023
47 d early
2022
49 d early
2021
52 d early
2020
52 d early
2019
50 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 49 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DISTEEL was incorporated on 27 December 1923.1 The registered office moved to Schoten in 2014 and to Wondelgem in 2023.23 In 2014 the company absorbed PROFILSTEEL by merger.4 The board currently has 7 members; Timmermans Michaël has served longest, since 2012.5 Revenue fell from EUR 166 million in 2018 to EUR 107 million in 2025 and headcount from 161 to 88.8 full-time equivalents.6

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 04-12-2014
  3. 3Belgian State Gazette, 07-08-2023
  4. 4Belgian State Gazette, 29-01-2014
  5. 5Belgian State Gazette, 04-12-2025
  6. 6National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€106.6m▲ 10.0%
2024 · €96.9m
EBIT margin
-0.3%▲ 0.4pp
2024 · -0.7%
Net result
-€1.2m▲ 0.5%
2024 · -€1.2m
Working capital
€11.2m▼ 6.5%
2024 · €12.0m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€133.7m▲ 23.7%€155.2m▲ 16.1%€107.9m▼ 30.5%€96.9m▼ 10.2%€106.6m▲ 10.0%
Operating result€12.6m€11.7m▼ 6.9%-€3.8m-€715,065▲ 81.1%-€340,825▲ 52.3%
Net result€11.4mabove the sector's middle half€10.0mabove the sector's middle half▼ 11.9%-€4.2mbelow the sector's middle half-€1.2mbelow the sector's middle half▲ 70.5%-€1.2mbelow the sector's middle half▲ 0.5%
EBIT margin9.4%▲ 14.5pp7.6%▼ 1.9pp-3.5%▼ 11.1pp-0.7%▲ 2.8pp-0.3%▲ 0.4pp
Equity€16.9mabove the sector's middle half▲ 206%€26.9mabove the sector's middle half▲ 59.3%€22.8mabove the sector's middle half▼ 15.5%€16.5mabove the sector's middle half▼ 27.4%€15.3mabove the sector's middle half▼ 7.4%
Total assets€41.6mabove the sector's middle half▲ 64.9%€48.5mabove the sector's middle half▲ 16.5%€40.7mabove the sector's middle half▼ 16.2%€35.7mabove the sector's middle half▼ 12.3%€33.1mabove the sector's middle half▼ 7.3%
Debt€24.2m▲ 26.2%€21.3m▼ 12.2%€17.9m▼ 15.9%€19.1m▲ 7.0%€17.4m▼ 9.3%
Working capital€13.5mabove the sector's middle half▲ 494%€23.8mabove the sector's middle half▲ 76.1%€18.2mabove the sector's middle half▼ 23.7%€12.0mabove the sector's middle half▼ 34.0%€11.2mabove the sector's middle half▼ 6.5%
Solvency40.6%within the sector's middle half▲ 18.7pp55.5%within the sector's middle half▲ 14.9pp56.0%within the sector's middle half▲ 0.5pp46.4%within the sector's middle half▼ 9.6pp46.3%within the sector's middle half▼ 0.1pp
Current ratio1.56within the sector's middle half▲ 0.442.12within the sector's middle half▲ 0.562.02within the sector's middle half▼ 0.101.63within the sector's middle half▼ 0.391.65within the sector's middle half▲ 0.02
Return on assets (ROA)27.3%above the sector's middle half▲ 51.1pp20.7%above the sector's middle half▼ 6.7pp-10.2%below the sector's middle half▼ 30.9pp-3.4%below the sector's middle half▲ 6.8pp-3.7%below the sector's middle half▼ 0.3pp
Staff (FTE)111.2above the sector's middle half▼ 18.5%103.8above the sector's middle half▼ 6.7%101.6above the sector's middle half▼ 2.1%92.7above the sector's middle half▼ 8.8%88.8above the sector's middle half▼ 4.2%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€5.0m€0€5.0m€10.0m€15.0mOperating result 2021: €12.6m€12.6mNet result 2021: €11.4m€11.4mOperating result 2022: €11.7m€11.7mNet result 2022: €10.0m€10.0mOperating result 2023: -€3.8m-€3.8mNet result 2023: -€4.2m-€4.2mOperating result 2024: -€715,065-€715,065Net result 2024: -€1.2m-€1.2mOperating result 2025: -€340,825-€340,825Net result 2025: -€1.2m-€1.2m20212022202320242025-€6m-€4m-€2m€0Operating result 2023: -€3.8m-€3.8mNet result 2023: -€4.2m-€4.2mOperating result 2024: -€715,065-€715,000Net result 2024: -€1.2m-€1.2mOperating result 2025: -€340,825-€341,000Net result 2025: -€1.2m-€1.2m202320242025
The operating result stays negative: a loss of €340,825 in 2025 against €715,065 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33.1m
Fixed assets €4.5m ▼ 0.6%
Current assets €28.6m ▼ 8.2%
Equity and liabilities €33.1m
Equity €15.3m ▼ 7.4%
Provisions €413,000
Debt €17.4m ▼ 9.3%
Debt's share of the balance-sheet total falls from 53.6% to 52.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€212,023▲
2024 · -€118,668
Cash flow
-€669,119▼
2024 · -€631,972
Quick ratio
0.97▼
2024 · 1.07
Debt to equity
1.13▼
2024 · 1.16
ROE
-8.0%▼
2024 · -7.4%
Interest coverage
0.31▲
2024 · -0.12
Debt ≤ 1 year
€17.4m▼
2024 · €19.1m
Income taxes
€298,431▲
2024 · €123,139
Staff costs
€7.5m▲
2024 · €7.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 825 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
2.8% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 825 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 79 lines
Balance sheet Code20242025
Assets
Total assets20/58€35.7m€33.1m▼
Fixed assets21/28€4.5m€4.5m▼
Intangible fixed assets21€413,644€352,540▼
Tangible fixed assets22/27€4.1m€4.1m▲
Land and buildings22€1.7m€1.8m▲
Plant, machinery and equipment23€2.3m€2.2m▼
Furniture and vehicles24€117,206€83,409▼
Assets under construction and advance payments27-€80,292
Financial fixed assets28€17,400€17,400=
Other financial fixed assets284/8€17,400€17,400=
Amounts receivable and cash guarantees285/8€17,400€17,400=
Current assets29/58€31.1m€28.6m▼
Stocks and contracts in progress3€10.8m€11.8m▲
Stocks30/36€10.8m€11.8m▲
Raw materials and consumables30/31€148,483€138,829▼
Goods purchased for resale34€10.6m€11.6m▲
Amounts receivable within one year40/41€20.4m€16.8m▼
Trade receivables40€3.3m€3.2m▼
Other amounts receivable41€17.0m€13.6m▼
Cash at bank and in hand54/58€28,953€17,003▼
Deferred charges and accrued income490/1€16,730€19,630▲
Equity and liabilities
Total equity and liabilities10/49€35.7m€33.1m▼
Equity10/15€16.5m€15.3m▼
Contributions10/11€14.8m€14.8m=
Capital10€14.8m€14.8m=
Issued capital100€14.8m€14.8m=
Reserves13€6.5m€2.1m▼
Non-distributable reserves130/1€2.0m€1.5m▼
Legal reserve130€1.5m€1.5m=
Other1319€500,000-
Tax-exempt reserves132€4.5m€141,441▼
Distributable reserves133-€500,000
Profit (loss) carried forward14-€4.8m-€1.6m▲
Provisions and deferred taxes16-€413,000
Provisions for liabilities and charges160/5-€413,000
Other liabilities and charges164/5-€413,000
Amounts payable17/49€19.1m€17.4m▼
Amounts payable within one year42/48€19.1m€17.4m▼
Financial debts43€3.2m€2.6m▼
Other loans439€3.2m€2.6m▼
Trade debts44€13.8m€12.4m▼
Suppliers440/4€13.8m€12.4m▼
Taxes, remuneration and social security45€2.1m€2.3m▲
Taxes450/3€1.1m€1.1m▼
Remuneration and social security454/9€1.0m€1.2m▲
Other amounts payable47/48€15,794€12,892▼
Income statement Code20242025
Operating income70/76A€101.5m€109.2m▲
Turnover70€96.9m€106.6m▲
Other operating income74€3.5m€2.6m▼
Non-recurring operating income76A€1.2m€23,816▼
Operating charges60/66A€102.2m€109.5m▲
Goods for resale, raw materials and consumables60€85.0m€91.7m▲
Purchases600/8€85.3m€92.7m▲
Change in stocks: decrease (increase)609-€310,788-€1.0m▼
Services and other goods61€9.1m€9.1m▼
Remuneration, social security and pensions62€7.5m€7.5m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€596,397€552,848▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€257,108-€33,756▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€413,000
Other operating charges640/8€290,312€252,825▼
Non-recurring operating charges66A-€20,908
Operating profit (loss)9901-€715,065-€340,825▲
Financial income75/76B€920,318€382,169▼
Recurring financial income75€920,318€382,169▼
Income from current assets751€916,939€378,984▼
Other financial income752/9€3,379€3,185▼
Financial charges65/66B€1.3m€964,879▼
Recurring financial charges65€1.3m€964,879▼
Debt charges650€1.0m€692,051▼
Other financial charges652/9€288,737€272,828▼
Profit (loss) for the period before taxes9903-€1.1m-€923,536▲
Income taxes67/77€123,139€298,431▲
Taxes670/3€123,139€298,431▲
Profit (loss) for the period9904-€1.2m-€1.2m▲
Transfer from tax-exempt reserves789-€4.4m
Profit (loss) for the period to be appropriated9905-€1.2m€3.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4.8m-€1.6m▲
Profit (loss) brought forward from the previous period14P-€3.6m-€4.8m▼
Social balance
Average headcount (FTE)908792.788.8▼

The notes to these accounts (65 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€136.5m€161.6m€112.2m€101.5m€109.2m▲ 7.6%
Turnover70€133.7m€155.2m€107.9m€96.9m€106.6m▲ 10.0%
Change in stocks of work in progress, finished goods and contracts in progress71-€242,475-----
Other operating income74€2.7m€3.3m€3.3m€3.5m€2.6m▼ 25.4%
Non-recurring operating income76A€258,819€3.1m€949,748€1.2m€23,816▼ 97.9%
Operating charges60/66A€123.9m€149.9m€116.0m€102.2m€109.5m▲ 7.1%
Goods for resale, raw materials and consumables60€107.2m€131.9m€98.7m€85.0m€91.7m▲ 7.9%
Purchases600/8€110.4m€132.2m€94.5m€85.3m€92.7m▲ 8.7%
Change in stocks: decrease (increase)609-€3.2m-€363,584€4.3m-€310,788-€1.0m▼ 228%
Services and other goods61€8.6m€9.0m€9.1m€9.1m€9.1m▼ 0.6%
Remuneration, social security and pensions62€7.6m€7.7m€8.2m€7.5m€7.5m▲ 0.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€405,987€445,328€454,929€596,397€552,848▼ 7.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€653,995€647,122-€296,457-€257,108-€33,756▲ 86.9%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€21,215-€186,403-€328,858-€413,000-
Other operating charges640/8€514,772€404,992€144,284€290,312€252,825▼ 12.9%
Non-recurring operating charges66A€165,843€5,630€12,987-€20,908-
Operating profit (loss)9901€12.6m€11.7m-€3.8m-€715,065-€340,825▲ 52.3%
Financial income75/76B€28,128€175,164€1.0m€920,318€382,169▼ 58.5%
Recurring financial income75€28,128€175,164€1.0m€920,318€382,169▼ 58.5%
Income from current assets751€19,546€169,801€1.0m€916,939€378,984▼ 58.7%
Other financial income752/9€8,582€5,364€3,500€3,379€3,185▼ 5.8%
Financial charges65/66B€797,581€1.1m€1.3m€1.3m€964,879▼ 26.4%
Recurring financial charges65€797,581€1.1m€1.3m€1.3m€964,879▼ 26.4%
Debt charges650€331,700€601,304€944,377€1.0m€692,051▼ 32.3%
Other financial charges652/9€465,881€514,339€320,270€288,737€272,828▼ 5.5%
Profit (loss) for the period before taxes9903€11.8m€10.8m-€4.0m-€1.1m-€923,536▲ 16.4%
Income taxes67/77€459,424€766,397€142,737€123,139€298,431▲ 142%
Taxes670/3€459,442€766,397€142,737€123,139€298,431▲ 142%
Tax adjustments and reversals of tax provisions77€19-----
Profit (loss) for the period9904€11.4m€10.0m-€4.2m-€1.2m-€1.2m▲ 0.5%
Transfer from tax-exempt reserves789----€4.4m-
Transfer to tax-exempt reserves689€4.4m-----
Profit (loss) for the period to be appropriated9905€7.0m€10.0m-€4.2m-€1.2m€3.2m▲ 357%
Line20212022202320242025Change
Assets
Total assets20/58€41.6m€48.5m€40.7m€35.7m€33.1m▼ 7.3%
Fixed assets21/28€3.9m€3.4m€4.6m€4.5m€4.5m▼ 0.6%
Intangible fixed assets21€396,916€540,816€468,430€413,644€352,540▼ 14.8%
Tangible fixed assets22/27€3.5m€2.9m€4.1m€4.1m€4.1m▲ 0.8%
Land and buildings22€2.5m€1.3m€1.5m€1.7m€1.8m▲ 6.9%
Plant, machinery and equipment23€819,246€797,776€2.5m€2.3m€2.2m▼ 5.6%
Furniture and vehicles24€136,555€151,358€122,623€117,206€83,409▼ 28.8%
Assets under construction and advance payments27-€591,311--€80,292-
Financial fixed assets28€17,400€17,400€17,400€17,400€17,400=
Other financial fixed assets284/8€17,400€17,400€17,400€17,400€17,400=
Amounts receivable and cash guarantees285/8€17,400€17,400€17,400€17,400€17,400=
Current assets29/58€37.8m€45.1m€36.1m€31.1m€28.6m▼ 8.2%
Stocks and contracts in progress3€14.4m€14.1m€10.2m€10.8m€11.8m▲ 9.4%
Stocks30/36€14.4m€14.1m€10.2m€10.8m€11.8m▲ 9.4%
Raw materials and consumables30/31€592,436€970,622€160,363€148,483€138,829▼ 6.5%
Goods purchased for resale34€13.8m€13.1m€10.1m€10.6m€11.6m▲ 9.6%
Amounts receivable within one year40/41€3.7m€30.8m€25.8m€20.4m€16.8m▼ 17.5%
Trade receivables40€3.2m€3.5m€2.1m€3.3m€3.2m▼ 3.5%
Other amounts receivable41€446,159€27.3m€23.7m€17.0m€13.6m▼ 20.2%
Cash at bank and in hand54/58€19.7m€177,680€27,168€28,953€17,003▼ 41.3%
Deferred charges and accrued income490/1€24,135€18,773€20,414€16,730€19,630▲ 17.3%
Equity and liabilities
Total equity and liabilities10/49€41.6m€48.5m€40.7m€35.7m€33.1m▼ 7.3%
Equity10/15€16.9m€26.9m€22.8m€16.5m€15.3m▼ 7.4%
Contributions10/11€19.8m€19.8m€19.8m€14.8m€14.8m=
Capital10€19.8m€19.8m€19.8m€14.8m€14.8m=
Issued capital100€19.8m€19.8m€19.8m€14.8m€14.8m=
Reserves13€6.5m€6.5m€6.5m€6.5m€2.1m▼ 67.3%
Non-distributable reserves130/1€2.0m€2.0m€2.0m€2.0m€1.5m▼ 25.2%
Legal reserve130€2.0m€2.0m€2.0m€1.5m€1.5m=
Other1319---€500,000--
Tax-exempt reserves132€4.5m€4.5m€4.5m€4.5m€141,441▼ 96.9%
Distributable reserves133----€500,000-
Profit (loss) carried forward14-€9.4m€582,871-€3.6m-€4.8m-€1.6m▲ 65.8%
Provisions and deferred taxes16€515,260€328,858--€413,000-
Provisions for liabilities and charges160/5€515,260€328,858--€413,000-
Pensions and similar obligations160€60,309€28,858----
Other liabilities and charges164/5€454,952€300,000--€413,000-
Amounts payable17/49€24.2m€21.3m€17.9m€19.1m€17.4m▼ 9.3%
Amounts payable within one year42/48€24.2m€21.3m€17.9m€19.1m€17.4m▼ 9.3%
Financial debts43€6.9m€5.5m€3.2m€3.2m€2.6m▼ 17.4%
Other loans439€6.9m€5.5m€3.2m€3.2m€2.6m▼ 17.4%
Trade debts44€14.5m€12.9m€12.4m€13.8m€12.4m▼ 9.9%
Suppliers440/4€14.5m€12.9m€12.4m€13.8m€12.4m▼ 9.9%
Taxes, remuneration and social security45€2.8m€2.8m€2.2m€2.1m€2.3m▲ 6.4%
Taxes450/3€1.5m€1.4m€852,636€1.1m€1.1m▼ 0.3%
Remuneration and social security454/9€1.3m€1.4m€1.3m€1.0m€1.2m▲ 13.7%
Other amounts payable47/48€41,774€26,454€16,860€15,794€12,892▼ 18.4%
Line20212022202320242025Change
Profit (loss) for the period9904€11.4m€10.0m-€4.2m-€1.2m-€1.2m▲ 0.5%
+ Depreciation and write-downs630€405,987€445,328€454,929€596,397€552,848▼ 7.3%
Operating cash flow (approximation)€11.8m€10.5m-€3.7m-€631,972-€669,119▼ 5.9%
Investment in fixed assets (approximation)-€21,090-€1.6m-€557,272-€524,875▲ 5.8%
Change in cash--€19.5m-€150,513€1,785-€11,950▼ 769%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
04-12
State Gazette act Reappointments: Michael Timmermans (director) and EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Evelien De Groote5 facts ▸
  • General meeting, 09-06-2025
  • Director reappointment, Michael Timmermans (director)
  • Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
  • Board meeting, 30-10-2025
  • Permanent representative, Evelien De Groote
17-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
21-11
State Gazette act Resignations: Patrick Meessen, Albert Cleenders and Paul Tetteroo
Appointments: Paul Tetteroo (director and chair of the board) and Chia Wei Ho (lid van het management comité belast met het dagelijks bestuur) · Permanent representative: Jorgen Spietael15 facts ▸
  • General meeting, 10-06-2024
  • Director resignation, Patrick Meessen (director and chair of the board)
  • Director appointment, Paul Tetteroo (director and chair of the board)
  • Board composition, Paul Tetteroo (chair)
  • Board composition, Michael Timmermans (director)
  • Board composition, AMDS Holding Belgium NV (director)
  • Permanent representative, Jorgen Spietael
  • Board meeting, 02-05-2024
  • Director resignation, Albert Cleenders (lid van het management comité belast met het dagelijks bestuur)
  • Director appointment, Chia Wei Ho (lid van het management comité belast met het dagelijks bestuur)
  • Director resignation, Paul Tetteroo (lid van het management comité belast met het dagelijks bestuur)
  • Board composition, Dirk Stragier (lid van het management comité belast met het dagelijks bestuur)
  • +3 further facts in this act
29-10
State Gazette act Capital & shares · Statutes amendment
Capital decrease · Capital4 facts ▸
  • General meeting, 25-10-2024
  • Capital decrease, €5.000.000
  • Capital, €14.832.000
  • Statutes amendment
14-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
23-05
State Gazette act Statutes amendment
Capital6 facts ▸
  • General meeting, 06-05-2024
  • Statutes amendment
  • Statutes amendment
  • Capital, €19.832.000
  • Statutes amendment
  • Statutes amendment
19-03
State Gazette act Resignation: Cees de Graaf (director)
Permanent representative: Jorgen Spietael · Appointment: Paul Tetteroo (lid van het management comité) · Management committee governance14 facts ▸
  • General meeting, 01-09-2023
  • Director resignation, Cees de Graaf (director)
  • Board composition, Patrick Meessen (director)
  • Board composition, Michael Timmermans (director)
  • Board composition, AMDS Holding Belgium NV (director)
  • Permanent representative, Jorgen Spietael
  • Board meeting, 01-09-2023
  • Director appointment, Paul Tetteroo (lid van het management comité)
  • Board composition, Paul Tetteroo (lid van het management comité)
  • Board composition, Dirk Stragier (lid van het management comité)
  • Board composition, Albert Cleenders (lid van het management comité)
  • Board composition, Willem Hendrik Redert (lid van het management comité)
  • +2 further facts in this act
2023
07-08
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 26-04-2023
  • Registered-office move, 9032 Wondelgem, Industrieweg 106
12-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
11-05
State Gazette act Resignations: Olivier Guillard, Deloitte Bedrijfsrevisoren BV and ArcelorMittal Holding and Services Belgium
Appointments: Theo Zweers, Ernst & Young Bedrijfsrevisoren BV and AMDS Holding Belgium NV · Reappointments: Patrick Meessen, Michael Timmermans and 2 others · Permanent representatives: Francis Lefèvre, Lieve Cornelis and Jorgen Spietael21 facts ▸
  • Board meeting, 03-05-2022
  • Director resignation, Olivier Guillard (lid van het management comité)
  • Director appointment, Theo Zweers (lid van het management comité)
  • Board composition, Dirk Stragier (lid van het management comité)
  • Board composition, Albert Cleenders (lid van het management comité)
  • Board composition, Willem Hendrik Redert (lid van het management comité)
  • Board composition, Theo Zweers (lid van het management comité)
  • General meeting, 03-06-2022
  • Director reappointment, Patrick Meessen (director)
  • Director reappointment, Michael Timmermans (director)
  • Director reappointment, Cees de Graaf (director)
  • Director reappointment, ArcelorMittal Holding and Services Belgium (director)
  • +9 further facts in this act
2022
31-12
Financial Equity above €25mEq €26.9m ▲59.3%
2 profitable years in a row build equity to €26.9m.
Show earlier events
09-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
22-02
State Gazette act Reappointment: Deloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV (statutory auditor)
2 facts ▸
  • General meeting, 31-05-2021
  • Auditor reappointment, Deloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV
2021
31-12
Financial Back to profitnet €11.4m
Net result €11.4m after 2 loss-making years.
31-12
Financial Equity above €10mEq €16.9m ▲206%
Equity rises from €5.5m to €16.9m.
08-07
State Gazette act Appointment: ArcelorMittal Holding and Services Belgium NV (director)
Permanent representative: Francis Lefèvre7 facts ▸
  • General meeting, 01-06-2020
  • Director appointment, ArcelorMittal Holding and Services Belgium NV (director)
  • Permanent representative, Francis Lefèvre
  • Board composition, Patrick Meessen (director)
  • Board composition, Michael Timmermans (director)
  • Board composition, Cees de Graaf (director)
  • Board composition, ArcelorMittal Holding and Services Belgium NV (director)
09-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€6.0m
Net result drops to -€6.0m, the lowest in the series; recovery starts the following year.
11-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
04-09
State Gazette act Reappointments: Patrick Meessen, Michael Timmermans and Cees de Graaf
4 facts ▸
  • General meeting, 03-06-2019
  • Director reappointment, Patrick Meessen (director)
  • Director reappointment, Michael Timmermans (director)
  • Director reappointment, Cees de Graaf (director)
21-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
18-09
State Gazette act Reappointment: Deloitte Bedrijfsrevisoren/Reviseurs d'Entreprises (statutory auditor)
2 facts ▸
  • General meeting, 04-06-2018
  • Auditor reappointment, Deloitte Bedrijfsrevisoren/Reviseurs d'Entreprises
13-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
27-12
State Gazette act Resignations: Olivier Renaud (lid van het management comité) and Marjan Horemans (lid van het management comité)
Appointments: Olivier Guillard (lid van het management comité) and Willem Hendrik Redert (lid van het management comité)9 facts ▸
  • Board meeting, 01-09-2017
  • Director resignation, Olivier Renaud (lid van het management comité)
  • Director appointment, Olivier Guillard (lid van het management comité)
  • Director resignation, Marjan Horemans (lid van het management comité)
  • Director appointment, Willem Hendrik Redert (lid van het management comité)
  • Board composition, Dirk Stragier (lid van het management comité)
  • Board composition, Albert Cleenders (lid van het management comité)
  • Board composition, Willem Hendrik Redert (lid van het management comité)
  • Board composition, Olivier Guillard (lid van het management comité)
03-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
01-12
State Gazette act Reappointment: Michael Timmermans (director)
Permanent representative: Ine Nuyts · Accounting effect5 facts ▸
  • General meeting, 02-06-2016
  • Director reappointment, Michael Timmermans (director)
  • General meeting, 17-10-2016
  • Permanent representative, Ine Nuyts
  • Accounting effect, 01-01-2016
26-01
State Gazette act Permanent representatives: Joël Brehmen and Kathleen De Brabander
Resignations: Stefan Deheyder, Jean-Philippe Marchant and Fabrice Guazzoni · Appointments: Dirk Stragier, Albert Cleenders and 3 others · Management delegation25 facts ▸
  • General meeting, 17-11-2015
  • Permanent representative, Joël Brehmen (permanent representative)
  • Permanent representative, Kathleen De Brabander (permanent representative)
  • Board meeting, 10-12-2015
  • Director resignation, Stefan Deheyder (lid van het management comité)
  • Director resignation, Jean-Philippe Marchant (lid van het management comité)
  • Director appointment, Dirk Stragier (lid van het management comité)
  • Director appointment, Albert Cleenders (lid van het management comité)
  • Director appointment, Marjan Horemans (lid van het management comité)
  • Board composition, Dirk Stragier (lid van het management comité)
  • Board composition, Albert Cleenders (lid van het management comité)
  • Board composition, Marjan Horemans (lid van het management comité)
  • +13 further facts in this act
2015
09-07
State Gazette act Reappointments: Stefan Deheyder (director) and Deloitte Bedrijfsrevisoren (statutory auditor)
3 facts ▸
  • General meeting, 18-05-2015
  • Director reappointment, Stefan Deheyder (director)
  • Auditor reappointment, Deloitte Bedrijfsrevisoren
18-02
State Gazette act Resignations: Filiep Spriet, Erik Gorissen and Bart Van de Moere
Appointment: Fabrice Guazzoni (director)14 facts ▸
  • General meeting, 22-01-2015
  • Director resignation, Filiep Spriet (director)
  • Director resignation, Erik Gorissen (director)
  • Director appointment, Fabrice Guazzoni (director)
  • Board composition, Stefan Deheyder (chair)
  • Board composition, Fabrice Guazzoni (director)
  • Board composition, Michael Timmermans (director)
  • Board composition, Jean-Philippe Marchant (director)
  • Board meeting, 22-01-2015
  • Director resignation, Erik Gorissen (lid van het management comité)
  • Director resignation, Bart Van de Moere (lid van het management comité)
  • Board composition, Stefan Deheyder (lid van het management comité)
  • +2 further facts in this act
2014
04-12
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 19-11-2014
  • Registered-office move, 2900 Schoten, Metropoolstraat 19
27-06
State Gazette act Resignation: Patrick VAN MEENSEL (director)
Appointment: Jean-Philippe MARCHANT (director)8 facts ▸
  • General meeting, 19-05-2014
  • Director resignation, Patrick VAN MEENSEL (director)
  • Director appointment, Jean-Philippe MARCHANT (director)
  • Board composition, Stefan Deheyder (chair)
  • Board composition, Erik Gorissen (director)
  • Board composition, Jean-Philippe MARCHANT (director)
  • Board composition, Filiep Spriet (director)
  • Board composition, Michaël Timmermans (director)
29-01
State Gazette act Restructuring
Merger · Accounting effect · Merger proposal4 facts ▸
  • General meeting, 31-12-2013
  • Merger, absorption, 01-01-2014
  • Accounting effect, 01-01-2014
  • Merger proposal, 23-10-2013
2013
08-11
State Gazette act Restructuring · Miscellaneous
Merger · Capital · Board composition20 facts ▸
  • Merger
  • Capital, €2.628.000
  • Board composition, Patrick Van Meensel (director)
  • Board composition, Filiep Spriet (director)
  • Board composition, Stefan Deheyder (director)
  • Board composition, Luo Mertens (director)
  • Board composition, Bart Van de Moere (director)
  • Capital, €19.832.000
  • Board composition, Patrick Van Meensel (director)
  • Board composition, Filiep Spriet (director)
  • Board composition, Stefan Deheyder (director)
  • Board composition, Michael Timmermans (director)
  • +8 further facts in this act
15-07
State Gazette act Resignations: Gérard Stoll, Bruno Bock and 2 others
Reappointments: Filiep Spriet, Patrick Van Meensel and 2 others · Appointments: Deloitte, Erik Gorissen and 3 others32 facts ▸
  • General meeting, 04-06-2012
  • Director resignation, Gérard Stoll (director)
  • Director reappointment, Filiep Spriet (director)
  • Director reappointment, Patrick Van Meensel (director)
  • Director reappointment, Stefan Deheyder (director)
  • Director reappointment, Jean-Louis Thil (director)
  • Board composition, Filiep Spriet (chair)
  • Board composition, Patrick Van Meensel (director)
  • Board composition, Stefan Deheyder (director)
  • Board composition, Jean-Louis Thil (director)
  • Auditor appointment, Deloitte
  • Board meeting, 04-06-2012
  • +20 further facts in this act
2011
26-07
State Gazette act Reappointment: Stefan DEHEYDER (director)
2 facts ▸
  • General meeting, 06-06-2011
  • Director reappointment, Stefan DEHEYDER (director)
2010
22-10
State Gazette act Resignations: Stefan Deheyder, Olivier Renaud and 2 others
Appointments: Stefan Deheyder, Olivier Renaud and 2 others9 facts ▸
  • Board meeting, 30-09-2010
  • Director resignation, Stefan Deheyder (lid directiecomité)
  • Director resignation, Olivier Renaud (lid directiecomité)
  • Director resignation, Jean-Philippe Marchant (lid directiecomité)
  • Director resignation, Bruno Bock (lid directiecomité)
  • Director appointment, Stefan Deheyder (lid management comité)
  • Director appointment, Olivier Renaud (lid management comité)
  • Director appointment, Jean-Philippe Marchant (lid management comité)
  • Director appointment, Bruno Bock (lid management comité)
25-06
State Gazette act Resignation: Jacques DHAM (director)
2 facts ▸
  • General meeting, 07-06-2010
  • Director resignation, Jacques DHAM (director)
2008
28-07
State Gazette act Capital & shares · Statutes amendment
Capital · Power of attorney8 facts ▸
  • General meeting, 07-07-2008
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Capital, €19.832.000
  • Power of attorney, Jean-Philippe André Marchant
  • Power of attorney, Jean-Philippe André Marchant
09-06
State Gazette act Resignation: Claude CHARRETTE (director)
Appointment: Stefan DEHEYDER (director) · Reappointment: Gilbert CAILLIAU (director)10 facts ▸
  • General meeting, 19-05-2008
  • Director resignation, Claude CHARRETTE (director)
  • Director appointment, Stefan DEHEYDER (director)
  • Director reappointment, Gilbert CAILLIAU (director)
  • Board composition, Gilbert CAILLIAU (chair)
  • Board composition, Stefan DEHEYDER (director)
  • Board composition, Jacques PICAVET (director)
  • Board composition, Erlend WITTEVEEN (director)
  • Board composition, Patrick GASTINEAU (director)
  • Board composition, Jacques DHAM (director)
2007
09-07
State Gazette act Reappointment: Jacques DHAM (director)
8 facts ▸
  • General meeting, 21-05-2007
  • Director reappointment, Jacques DHAM (director)
  • Board composition, Gilbert CAILLIAU (chair)
  • Board composition, Claude CHARRETTE (director)
  • Board composition, Jacques PICAVET (director)
  • Board composition, Erlend WITTEVEEN (director)
  • Board composition, Patrick GASTINEAU (director)
  • Board composition, Jacques DHAM (director)
2005
06-10
State Gazette act Reappointments: Gilbert CAILLIAU (director) and Claude CHARRETTE (director)
9 facts ▸
  • General meeting, 17-05-2005
  • Director reappointment, Gilbert CAILLIAU (director)
  • Director reappointment, Claude CHARRETTE (director)
  • Board composition, Gilbert CAILLIAU (chair)
  • Board composition, Claude CHARRETTE (director)
  • Board composition, Jacques PICAVET (director)
  • Board composition, Erlend WITTEVEEN (director)
  • Board composition, Patrick GASTINEAU (director)
  • Board composition, Jacques DHAM (director)
29-03
State Gazette act Resignations: Jean Jacques GRESSET (director) and Philippe NICOLAS (director)
Appointment: Jacques DHAM (director)10 facts ▸
  • General meeting, 17-05-2004
  • Director resignation, Jean Jacques GRESSET (director)
  • Director resignation, Philippe NICOLAS (director)
  • Director appointment, Jacques DHAM (director)
  • Board composition, Gilbert CAILLIAU (chair)
  • Board composition, Claude CHARRETTE (director)
  • Board composition, Jacques PICAVET (director)
  • Board composition, Erlend WITTEVEEN (director)
  • Board composition, Patrick GASTINEAU (director)
  • Board composition, Jacques DHAM (director)
2004
08-03
State Gazette act Resignation: Deloitte & Touche (statutory auditor)
Appointment: KPMG (statutory auditor) · Mandate compensation4 facts ▸
  • General meeting, 04-11-2003
  • Director resignation, Deloitte & Touche (statutory auditor)
  • Auditor appointment, KPMG (statutory auditor)
  • Mandate compensation, KPMG
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
35 of 35 acts read

Directors · office · real estate

Directors
5 directors, 1 in day-to-day management, no change since 2025

Board 5

Timmermans Michaël
Director · since 04-06-2012
Current
ArcelorMittal Holding and Services Belgium NV
Director · since 01-06-2020 · Legal entity · perm. rep.: Francis Lefèvre
Current
AMDS HOLDING BELGIUM
Director · since 01-08-2022 · Public limited company · perm. rep.: Jorgen Spietael
Current
Paul Tetteroo
Director and chair of the board · since 10-06-2024
Current
ArcelorMittal Holding and Services Belgium
Director · Legal entity · perm. rep.: Francis Lefèvre
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Not recently confirmed
Not recently confirmed

Day-to-day management 1

Chia Wei Ho
Lid van het management comité belast met het dagelijks bestuur · since 02-05-2024
Current

Permanent representatives 2

Francis Lefèvre
Permanent representative · since 01-06-2020 · for ArcelorMittal Holding and Services Belgium NV
Current
Jorgen Spietael
Permanent representative · since 01-08-2022 · for AMDS HOLDING BELGIUM
Current

Statutory auditor 1

EY Bedrijfsrevisoren BV
Statutory auditor · since 03-06-2022 · perm. rep.: Evelien De Groote
Current

Other functions 1

Theo Zweers
Lid van het management comité · since 03-05-2022
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Dirk Stragier
Lid van het management comité · since 31-12-2015
Not recently confirmed
Willem Hendrik Redert
Lid van het management comité · since 15-08-2017
Not recently confirmed
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 2 establishment units since 1945
seat establishment approximate All 2 establishment units on the map
Ground area
14.3 ha
Building footprint
6.3 ha
Volume, LiDAR
646,657 m³
2 parcels, Flanders, Wallonia · tallest building 17.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ArcelorMittal Malonne Distribution Solutions
Rue Gabriel de Moriamé(ML) 20, 5020 NamurNACE 51520
since 19452.000.931.242
ArcelorMittal Wondelgem Distribution Solutions
Industrieweg 106, 9032 GentNACE 28755
since 19862.000.930.846
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
92082B0724/00K003 Wallonia 9.9 ha 1 · 3.0 ha 11.7 m · 3 fl.
44074C0155/00D000 Flanders 4.3 ha 1 · 3.3 ha 17.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

34 people since 2003, 12 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • Other function
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Timmermans Michaël
  • Director, from 04-06-2012 to date
ArcelorMittal Holding and Services Belgium NV
  • Director, from 01-06-2020 to date
AMDS HOLDING BELGIUM
  • Director, from 01-08-2022 to date
ArcelorMittal Holding and Services Belgium
  • Director, already before 01-08-2022 to date
Paul Tetteroo
  • Lid van het management comité, from 01-09-2023 ended, last mentioned 19-03-2024
  • Director and chair of the board, from 10-06-2024 to date
  • Lid van het management comité belast met het dagelijks bestuur, until 10-06-2024
Chia Wei Ho
  • Lid van het management comité belast met het dagelijks bestuur, from 02-05-2024 to date
EY Bedrijfsrevisoren BV
  • Statutory auditor, from 03-06-2022 to date
Theo Zweers
  • Lid van het management comité, from 03-05-2022 to date
Gilbert CAILLIAU
  • Director, already before 06-10-2005 not ended, last confirmed 09-06-2008
Jean-Louis Thil
  • Director, already before 04-06-2012 not ended, last confirmed 15-07-2013
Dirk Stragier
  • Lid van het management comité, from 31-12-2015 not ended, last confirmed 26-01-2016
Willem Hendrik Redert
  • Lid van het management comité, from 15-08-2017 not ended, last confirmed 27-12-2017
Cleenders Albert
  • Lid van het management comité, from 31-12-2015 ended, last mentioned 26-01-2016
  • Lid van het management comité belast met het dagelijks bestuur, until 10-06-2024
Patrick Meessen
  • Chair of the board, from 31-12-2015 ended, last mentioned 26-01-2016
  • Director, from 31-12-2015 to 10-06-2024
Cees de Graaf
  • Director, from 31-12-2015 to 01-09-2023
Deloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV
  • Auditor, from 04-06-2012 to 03-06-2022
Olivier Guillard
  • Lid van het management comité, from 01-04-2017 to 13-12-2021
Marjan Horemans
  • Lid van het management comité, from 31-12-2015 to 15-08-2017
Olivier Renaud
  • Lid directiecomité, until 13-10-2010
  • Lid management comité, from 13-10-2010 to 01-04-2017
Fabrice Guazzoni
  • Director, from 22-01-2015 to 31-12-2015
Jean-Philippe Marchant
  • Lid directiecomité, until 13-10-2010
  • Lid management comité, from 13-10-2010 to 31-12-2015
  • Director, from 19-05-2014 to 31-12-2015
Stefan Deheyder
  • Director, from 19-05-2008 to 31-12-2015
  • Lid directiecomité, until 13-10-2010
  • Lid management comité, from 13-10-2010 to 31-12-2015
  • Chair of the board, until 31-12-2015
Erik Gorissen
  • Director, from 04-06-2012 to 31-01-2015
  • Lid van het management comité, from 04-06-2012 to 22-01-2015
Filiep Spriet
  • Chair of the board, until 04-06-2012
  • Director, already before 15-07-2013 to 31-01-2015
Patrick VAN MEENSEL
  • Chair of the board, from 04-06-2012 ended, last mentioned 15-07-2013
  • Director, already before 15-07-2013 to 31-03-2014
Bart Van de Moere
  • Lid van het management comité, from 04-06-2012 to 01-01-2014
Bruno Bock
  • Lid directiecomité, until 13-10-2010
  • Lid management comité, from 13-10-2010 to 04-06-2012
KPMG
  • Statutory auditor, from 04-11-2003 to 04-06-2012
Gérard Stoll
  • Director, until 21-05-2012
Jacques DHAM
  • Director, from 17-05-2004 to 17-05-2010
Claude CHARRETTE
  • Director, already before 06-10-2005 to 19-05-2008
Jean Jacques GRESSET
  • Director, until 17-05-2004
Nicolas Philippe
  • Director, until 17-05-2004
Deloitte & Touche
  • Statutory auditor, until 04-11-2003
See the board, name and seat on a given date →

Articles of association

Purpose
De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen, de handel in materialen in…
Full purpose

De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen, de handel in materialen in industriële producten en alle financiële, commerciële en industriële verrichtingen die rechtstreeks of onrechtstreeks in verband staan met tegenwoordig doel... De vennootschap heeft ook als bijkomend doel de studie, de verhuring, de verkoop en de fabricatie van steigers en tribunes.

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. AMDS HOLDING BELGIUM 100%
  2. DISTEEL

Highest known parent: AMDS HOLDING BELGIUM. The sources do not say who stands above it.

According to the 2025 annual accounts of DISTEEL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

4 connected companies

Acquisitions and mergers

1 transaction
Took over:PROFILSTEEL
BE 0421.634.452merger by absorption · State Gazette act of 29-01-2014 (4 acts) · effective 01-01-2014

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 08-11-2013 ↗
  • S.A. Arcelormittal Distribution Services France 536,476 shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 29-10-2024 Capital reduction of 5,000,000 EUR · to 14,832,000 EUR · repaid to the shareholders
  2. 23-05-2024 Capital stated in 3 acts · 19,832,000 EUR · 536,477 shares

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 5,246 EUR awarded · 5,246 EUR paid
Year Entries awardedpaid
2023 1 1,853 EUR1,853 EUR
2022 1 3,393 EUR3,393 EUR
Schemes
2 entries · 5,246 EUR · 5,246 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

549300ODS0HFSQYCFZ61
live in the LEI register

Similar companies · same sector, comparable size

Of 734 companies in sector 46820 we hold annual accounts for 388. 160 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded27-12-1923
Fiscal year end31-12
Activities, NACEBEL 2025
46820Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0401546445
Also 9925:BE0401546445
Registered 20-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.