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PSA Zeebrugge

Active
Public limited companyfounded 2008active for 17 yearsCaxtonweg K140-143, 8380 Bruges, BelgiumKBO/BCE: BE 0808.254.478
Summary

PSA Zeebrugge has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.2m and a net result of €2.8m. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 82% of 862 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-12-2008 Normal situation
Activity
Warehousing and support activities for transportation NACE 52241and 3 others
Joint committees
226 White-collar workers in international trade, transport and logistics
301.05 Ports · annual accounts 2025
Establishment unit
2.192.478.726 8380 Bruges, since 08-12-2008
Financial year end
31 December
Peppol
Reachable since 11-11-2025

Board and ownership

Board
and 2 others
Auditor
KPMG Bedrijfsrevisoren
Shareholders
  • PSA Antwerp· score 69annual accounts 2025
  • Kranji (Netherlands) Investments B.V.annual accounts 2025
  • PSA Antwerp NVannual accounts 2025
and 2 other shareholders

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Turnover
€43.6m
▼ 5.0%
Profit
€2.8m
▲ 17.6%
Equity
€26.2m
▲ 12.0%
Total assets
€35.9m
▼ 41.5%
Employees on 31-12-2025
36
▼ 5.3%
  • 2025 accounts filed 68 days after the deadline
Score breakdownraises riskLast filed accounts filed 68 days late; 1 of the last 3 accounts lateLiquidity: current ratio 3.22, cash €188lowers riskSize: turnover €43.6m, 34.5 FTE, total assets €35.9mFounded in 2008Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of small companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Strong
Solvency 98+35
equity 73.2% of total assets
Liquidity 43-51
short-term debt 21.7% · cash 0.0%
Profitability 73+9
return on assets 7.9%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (596 companies, NACE 52, small)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.4%▲ +0.2 percentage points vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value
Credit of up to €2,200,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.22 (5.7 in 2024), above the usual 1.5. Short-term debt is 21.7% and cash 0% of total assets. 26.8% of the assets are financed with debt and provisions.
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 52, small). It does better than 86% of them on solvency, 43% on liquidity, 64% on profitability and 46% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Five signals.
lowers riskraises riskneutral
raises risk · Last filed accounts filed 68 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 3.22, cash €188
NBB · annual accounts
lowers risk · Size: turnover €43.6m, 34.5 FTE, total assets €35.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-10-2026, 68 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
68 days late
2024
7 days early
2023
15 days early
2022
13 days early
2021
30 days early
2020
39 days early
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 90% of companies in warehousing and transport supportsector median €109,630 · 855 companies €2.8m View
  • Board changedlatest change 28-07-2026 · 5 in office 3 joined · 3 left View
  • Positive: 8 profitable years in a rowprofit 2025: €2.8m 8 years View

Recent changes

  1. · Gazette deed 1 director appointed, 1 director resigningReappointment: KPMG Bedrijfsrevisoren (statutory auditor) · Permanent representative: Frederic Poesen · Resignation: Wai Yan Kwong (director)
  2. · Gazette deed Resignation: Ng Hak Sen Vincent (director)Appointment: Terence Lee (director)
  3. · Gazette deed Resignation: Lim Pek Suat (director)Appointment: Kwon Wai Yan (director)
All 22 events

Companies linked to PSA Zeebrugge

Comparable companies

These companies have the same main activity as PSA Zeebrugge: warehousing and support activities for transportation (NACE 52241). They are comparable in size and age: total assets between €15m and €92m, founded between 2004 and 2010.

CompanyTotal assetsTurnover
PSA Zeebrugge Bruges€35.9m€43.6m
ZUIDNATIE BREAKBULK Antwerp€25.7m€35.2m
ANTWERP CONTAINER TERMINAL Ghent€59.6m€45.6m
SEA-TANK 510 Antwerp€92.5m€45.9m
SEA-TANK 300 Antwerp€61.4m€42.9m
CSP ZEEBRUGGE TERMINAL Bruges€58.9m€47.9m
ASSOCIATED TERMINAL OPERATORS Antwerp€14.6m€21.3m
Full comparison

Key facts about PSA Zeebrugge

What is the company number of PSA Zeebrugge?
The company number of PSA Zeebrugge is 0808.254.478. The VAT number is the same number with BE in front: BE 0808.254.478.
Where is PSA Zeebrugge based?
The registered office is at Caxtonweg K140-143, 8380 Bruges.Company details
What does PSA Zeebrugge do?
According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52241).
What is the legal form of PSA Zeebrugge?
PSA Zeebrugge is a public limited company (NV).
When was PSA Zeebrugge founded?
PSA Zeebrugge was founded on 08-12-2008.
Is PSA Zeebrugge still active?
Yes, PSA Zeebrugge is an active enterprise in the KBO register.
How many employees does PSA Zeebrugge have?
PSA Zeebrugge had an average of 34.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PSA Zeebrugge fall under?
In its 2025 annual accounts, PSA Zeebrugge states joint committees 226 (White-collar workers in international trade, transport and logistics) and 301.05 (Ports).
What is the turnover of PSA Zeebrugge?
The turnover of PSA Zeebrugge was €43.6m in financial year 2025, according to the filed annual accounts.
Is PSA Zeebrugge profitable?
In financial year 2025, PSA Zeebrugge made a profit of €2.8m.
Where can I find the annual accounts of PSA Zeebrugge?
PSA Zeebrugge filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PSA Zeebrugge due?
PSA Zeebrugge must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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