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ANTWERP SOUTH LOGISTICS DEVELOPMENT

Active
Public limited companyfounded 2016active for 10 yearsNoordersingel 19, 2140 Antwerp, BelgiumKBO/BCE: BE 0651.829.013
Summary

ANTWERP SOUTH LOGISTICS DEVELOPMENT has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.3m and a net result of -€225,503. Equity has been stable since 2018 (±1.5% per year). Its solvency ranks better than 74% of 11,271 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-04-2016 Normal situation
Registered office
30 active companies are registered at this address Source: KBO register, as of 5 November 2026.
Activity
Buying and selling of own real estate NACE 68110and 1 other
Establishment unit
2.252.817.080 2140 Antwerp, since 20-04-2016
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • Brasschaat Financial Holding NVDirector · since 22-08-2024 · permanent representative Vera Cox
  • Ilse BernaertsDirector · since 22-08-2024
  • Stephan BernaertsDirector · since 22-08-2024
Shareholders
  • Brass 3· score 86annual accounts 2025

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€44,280
▲ 12.1%
Turnover
≈ €120,000
estimated
Loss
€225,503
▼ 15.9%
Equity
€8.3m
▼ 2.6%
Total assets
€13.5m
▲ 28.0%
Score breakdownraises riskLiquidity: current ratio 0.44, cash €16,766, halvedlowers riskSize: total assets €13.5mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 08-06-2026)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 43% of medium-sized companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 87-13
equity 61.5% of total assets
Liquidity 50-4
short-term debt 3.5% · cash 0.1%
Profitability 19+3
return on assets -1.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (1,720 companies, NACE 68, medium-sized)
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 05-2025highest value 07-2025: < 0.1%▼ -0.2 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.44 (2.18 in 2024), below 1. Short-term debt is 3.5% and cash 0.1% of total assets. 38.5% 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 68, medium-sized). It does better than 77% of them on solvency, 53% on liquidity, 12% on profitability and 31% 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

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.44, cash €16,766, halved
NBB · annual accounts
lowers risk · Size: total assets €13.5m
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 · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed on 08-06-2026)
NBB · annual accounts
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 -€225,503
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
42 days early
2023
22 days late
2022
29 days late
2021
24 days early
2020
30 days late
2019
24 days late
← 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 2 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 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 7 July (4 of the last 5 accounts filed within 47 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

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€225,503 View
  • Caution: Lower net result than 94% of companies in real estatesector median €10,001 · 11,262 companies -€225,503 View
  • A director leftlatest change 23-01-2026 · 3 in office 1 left View

Recent changes

  1. · Gazette deed Resignation: Nico Van Daele (day-to-day manager)
  2. · Gazette deed 3 directors reappointedReappointments: Ilse Bernaerts, Stephan Bernaerts and Brasschaat Financial Holding NV · Permanent representative: Vera Cox
  3. · Gazette deed Permanent representative: Vera Cox
All 21 events

Companies linked to ANTWERP SOUTH LOGISTICS DEVELOPMENT

Comparable companies

These companies have the same main activity as ANTWERP SOUTH LOGISTICS DEVELOPMENT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €6.9m and €21m, founded between 2011 and 2018.

CompanyTotal assetsGross margin
ANTWERP SOUTH LOGISTICS DEVELOPMENT Antwerp€13.5m€0.04m
NUSTECOM Merchtem€15.4m€0.05m
MC BOUW Tielt€9.0m€0.07m
BFE ENGINEERING Woluwe-Saint-Lambert€17.2m€0.05m
PROGEKO Schaerbeek€8.1m€0.08m
SCALDIS PROJECTS Zaventem€20.6m€0.06m
Silver Lining Estate Sint-Martens-Latem€6.9m€0.06m
Full comparison

Key facts about ANTWERP SOUTH LOGISTICS DEVELOPMENT

What is the company number of ANTWERP SOUTH LOGISTICS DEVELOPMENT?
The company number of ANTWERP SOUTH LOGISTICS DEVELOPMENT is 0651.829.013. The VAT number is the same number with BE in front: BE 0651.829.013.
Where is ANTWERP SOUTH LOGISTICS DEVELOPMENT based?
The registered office is at Noordersingel 19, 2140 Antwerp.Company details
What does ANTWERP SOUTH LOGISTICS DEVELOPMENT do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of ANTWERP SOUTH LOGISTICS DEVELOPMENT?
ANTWERP SOUTH LOGISTICS DEVELOPMENT is a public limited company (NV).
When was ANTWERP SOUTH LOGISTICS DEVELOPMENT founded?
ANTWERP SOUTH LOGISTICS DEVELOPMENT was founded on 07-04-2016.
Is ANTWERP SOUTH LOGISTICS DEVELOPMENT still active?
Yes, ANTWERP SOUTH LOGISTICS DEVELOPMENT is an active enterprise in the KBO register.
What is the turnover of ANTWERP SOUTH LOGISTICS DEVELOPMENT?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €44,280 and 32 comparable companies (NACE 681). It probably lies between €67,000 and €250,000.Financials
Is ANTWERP SOUTH LOGISTICS DEVELOPMENT profitable?
In financial year 2025, ANTWERP SOUTH LOGISTICS DEVELOPMENT made a loss of €225,503.
Where can I find the annual accounts of ANTWERP SOUTH LOGISTICS DEVELOPMENT?
ANTWERP SOUTH LOGISTICS DEVELOPMENT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ANTWERP SOUTH LOGISTICS DEVELOPMENT due?
ANTWERP SOUTH LOGISTICS DEVELOPMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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