GLS Belgium Distribution
ActiveSummary
GLS Belgium Distribution has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €53.8m and a net result of €6.5m. Equity has been growing by about 16% per year since 2019. Its solvency ranks better than 88% of 38 sector peers (NACE 49, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 03-10-2006 Normal situation
- Registered office
- 16 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Freight transport by road NACE 49410and 5 others
- Joint committees
- 140 Paritair Comité voor het vervoer en de logistiek
- 226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 31-03-2026
- Establishment units
- 2.156.834.392 1620 Drogenbos, since 02-10-2006
- 2.156.834.491 9820 Merelbeke-Melle, since 02-10-2006and 5 others
- Financial year end
- 31 March
- Peppol
- Reachable since 18-09-2025
Board and ownership
- Luc De SchrijverDirector · since 12-09-2023
- Achim DünnwaldDirector · since 20-07-2024
- Auditor
- Deloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV/SRL
- General Logistics Systems BV100%annual accounts 31-03-2026
- International Distribution Services Plcconsolidatesannual accounts 31-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €75.0m
- ▼ 3.0%
- Profit
- €6.5m
- ▲ 5.3%
- Equity
- €53.8m
- ▲ 13.8%
- Total assets
- €71.0m
- ▲ 9.3%
- Employees on 31-03-2026
- 250
- ▲ 2.5%
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 2006Size: turnover €75.0m, 241.3 FTE, total assets €71.0mEquity €53.8m (75.7% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized). It does better than 97% of them on solvency, 85% on liquidity, 73% on profitability and 45% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Largest company by equity in Drogenbos, Transport and storage sectorin the Checked rankings No. 1 View
- Positive: 8 profitable years in a rowprofit 2026: €6.5m 8 years View
- Positive: Filed on time since financial year 2023accounts within the deadline every year 4 years View
- Flemish supportawarded from 2022 to 2025 €50,758 View
Recent changes
- · Gazette deed Resignation: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)Appointment: Deloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV/SRL (statutory auditor)
- · Gazette deed Reappointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)Permanent representative: Melissa Carton
- · Gazette deed Appointment: Achim Dünnwald (director)
Comparable companies
These companies have the same main activity as GLS Belgium Distribution: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €38m and €137m, founded between 1998 and 2017.
| Company | Total assets | Turnover |
|---|---|---|
| GLS Belgium Distribution Drogenbos | €71.0m | €75.0m |
| GENERAL LOGISTICS SYSTEMS BELGIUM Drogenbos | €78.3m | €142.0m |
| Xwift Nazareth-De Pinte | €87.9m | €43.0m |
| FOCKEDEY TRUCK Leuze-en-Hainaut | €38.2m | €69.4m |
| VAN MOER TRANSPORT Beveren-Kruibeke-Zwijndrecht | €42.2m | €84.0m |
| COGETRINA LOGISTICS Tournai | €75.2m | €54.5m |
| COSELOG Tournai | €137.1m | €30.2m |
Key facts about GLS Belgium Distribution
- What is the company number of GLS Belgium Distribution?
- The company number of GLS Belgium Distribution is 0883.914.874. The VAT number is the same number with BE in front: BE 0883.914.874.
- Where is GLS Belgium Distribution based?
- The registered office is at Humaniteitslaan 233, 1620 Drogenbos.Company details
- What does GLS Belgium Distribution do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of GLS Belgium Distribution?
- The legal form of GLS Belgium Distribution is Public limited company (NV).
- When was GLS Belgium Distribution founded?
- GLS Belgium Distribution was founded on 03-10-2006.
- Is GLS Belgium Distribution still active?
- Yes, GLS Belgium Distribution is an active enterprise in the KBO register.
- How many employees does GLS Belgium Distribution have?
- GLS Belgium Distribution had an average of 241.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does GLS Belgium Distribution fall under?
- In its 31-03-2026 annual accounts, GLS Belgium Distribution states joint committees 140 (Paritair Comité voor het vervoer en de logistiek) and 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
- What is the turnover of GLS Belgium Distribution?
- The turnover of GLS Belgium Distribution was €75.0m in financial year 2026, according to the filed annual accounts.
- Is GLS Belgium Distribution profitable?
- In financial year 2026, GLS Belgium Distribution made a profit of €6.5m.
- Where can I find the annual accounts of GLS Belgium Distribution?
- GLS Belgium Distribution filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of GLS Belgium Distribution due?
- GLS Belgium Distribution must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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