ANTWERP TOWAGE
ActiveSummary
ANTWERP TOWAGE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €364. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 58% of 721 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▲+1
Solvency70▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.74 in 2024; short-term debt: 55.3% and cash: 59.7% of total assets), but 55.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.7%
Return on assets
0.2%
Age of the figures
9 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
49 d early
2023
63 d early
2022
45 d early
2021
54 d early
2020
52 d early
2019
58 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€77k▲ 0.5%
2024 · €77k
2018: €22k
2019: €42k
2020: €64k
2021: €55k
2022: €35k
2023: €76k
2024: €77k
2018 → 2025
Total assets
€173k▼ 1.2%
2024 · €175k
2018: €76k
2019: €96k
2020: €124k
2021: €165k
2022: €108k
2023: €163k
2024: €175k
2018 → 2025
Net result
€364▼ 59.5%
2024 · €899
2018: €10k
2019: €20k
2020: €22k
2021: €-9k
2022: €-20k
2023: €41k
2024: €899
2018 → 2025
Working capital
€74k▲ 2.9%
2024 · €72k
2018: €1k
2019: €26k
2020: €52k
2021: €46k
2022: €30k
2023: €73k
2024: €72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€35k▼ 36.3%€76k▲ 115%€77k▲ 1.2%€77k▲ 0.5%
Operating result€-7k-€-17k▼ 159%€62k€13k▼ 79.5%€12k▼ 3.2%
Net result€-9k-€-20k▼ 122%€41k€899▼ 97.8%€364▼ 59.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€3k ▼ 38.3%
Current assets
€170k ▼ 0.2%
Equity and liabilities €173k
Equity
€77k ▲ 0.5%
Debt
€95k ▼ 2.5%
Debt's share of the balance-sheet total falls from 56.0% to 55.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2024 · €14k
Cash flow
€2k▼
2024 · €2k
Current ratio
1.78▲
2024 · 1.74
Debt to equity
1.24▼
2024 · 1.27
ROE
0.5%▼
2024 · 1.2%
ROA
0.2%▼
2024 · 0.5%
Interest coverage
2.64▲
2024 · 2.46
Debt ≤ 1 year
€95k▼
2024 · €98k
Income taxes
€7k▲
2024 · €6k
Staff costs
€249k▲
2024 · €237k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€175k€173k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€50€50=
Current assets29/58€170k€170k▼
Amounts receivable within one year40/41€137k€64k▼
Trade receivables40€131k€62k▼
Other amounts receivable41€5k€3k▼
Cash at bank and in hand54/58€31k€103k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€175k€173k▼
Equity10/15€77k€77k▲
Contributions10/11€70k€70k=
Capital10€70k€70k=
Issued capital100€100k€100k=
Uncalled capital101€30k€30k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Legal reserve130€5k€5k=
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€98k€95k▼
Amounts payable within one year42/48€98k€95k▼
Trade debts44€22k€27k▲
Suppliers440/4€22k€27k▲
Taxes, remuneration and social security45€76k€69k▼
Taxes450/3€25k€25k▼
Remuneration and social security454/9€51k€44k▼
Income statement
Code20242025
Remuneration, social security and pensions62€237k€249k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€793€2k▲
Gross operating margin9900€252k€264k▲
Operating profit (loss)9901€13k€12k▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€7k€7k▼
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€899€364▼
Profit (loss) for the period to be appropriated9905€899€364▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€2k▲
Profit (loss) brought forward from the previous period14P€1k€2k▲
Transfer to equity691/2€82€0▼
To the legal reserve6920€82€0▼
Social balance
Average headcount (FTE)90871.71.8▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €41k
Net result €41k after 2 loss-making years.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tavernierkaai 22000 AntwerpenGround area
592 m²
Building footprint
559 m²
Volume, LiDAR
16,584 m³
Parcel 11002A0058/00B000, Flanders · tallest building 41.9 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
ANTWERP TOWAGE
since 20082.173.646.571
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A0058/00B000 | Flanders | 592 m² | 1 · 559 m² | 41.9 m · 12 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
A.S.T LOGISTICS
BE 0777.931.189
Antwerpen · Eq €77,278
West Line Group
BE 0703.934.146
Sint-Jans-Molenbeek · Eq €77,113
BRASSERIE BENOIT PEERBOOM
BE 0475.075.217
Soumagne · Eq €77,413
COBAN TRANSPORT
BE 0652.888.885
Temse · Eq €77,445
TSR LOGISTICS
BE 0502.877.593
Sint-Agatha-Berchem · Eq €77,577
Of 3,190 companies in sector 52250 we hold annual accounts for 1,955. 1,276 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
50200Water transport
52250Logistics services
52220Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.