Financials
- Financial year
- 2024
- Turnover
- €1.3m
- Profit
- €37.9m
- Solvency
- 42.1%
Turnover▼ 47.1%
Net result
20192024
PSA Baltics
ActiveSummary
PSA Baltics has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For PSA Baltics, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €194.5m and a net result of €37.9m. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 59% of 729 sector peers (NACE 52, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Logistics services
NACE 52250Activities of holding companies NACE 64210
4th largest company by total assets in the province of Antwerp, Warehousing and transport support sector1 site
Size
€1.3mturnover 2024
- Staff
- 5 FTE
- Equity
- €194.5m
- Profit
- €37.9m
Financial health
Holding: outside the score modelBankruptcy probability: sector outside the model
Structure
- Parent
- PSA BELGIUM · 99.99%
- Holdings
- 2
- Terence LeeDirector
Auditor: KPMG BedrijfsrevisorenAccounts 78 days overdue2 of 8 deeds read
Signalsraises riskAnnual accounts not filedFiled more than 90 days latelowers riskGrowing equityShow the evidence
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Filing: One filing cycle is missing
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
Three signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €194.5m
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 6 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-12-2025, 148 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
148 days late
2023
61 days late
2022
168 days late
2021
78 days late
2020
207 days late
2019
5 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 111 days after the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- Resignation: Ng Hak Sen Vincent (director)Appointment: Terence Lee (director)
- Reappointment: KPMG Bedrijfsrevisoren (statutory auditor)Permanent representative: Frederic Poesen
- Annual accounts filedfinancial year 2024 · full…
Key points
- Positive: Result rose in 2024from €958,954 to €37.9m ▲ 3,852% View
- Positive: Among the best 5% on net resultsector median €123,763 · 729 companies €37.9m View
- Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
- Caution: Board changedlatest change 15-05-2026 · 1 in office 1 joined · 1 left View
- Controlled by PSA BELGIUMknown shareholders 100% 99.99% View
- Positive: 5 profitable years in a rowprofit 2024: €37.9m 5 years View
By topic
Board & ownership
- Board
- 1 member
- Parent
- PSA BELGIUM · 99.99%
- Known shareholders
- 100%
- Auditor
- KPMG Bedrijfsrevisoren
- Terence LeeDirector
Network & group
- Group
- PSA International Pte Ltd
- Subsidiaries
- 1
- Holdings
- 2
2 holdings
Timeline
- Events
- 11
- Since
- 2020
- 31-12-2024Highest result from 2019 to 2024
- 30-09-2024Annual accounts filed
- 15-01-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Logistics servicesNACE 52250
- Founded
- 14-12-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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