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ArcelorMittal Logistics Belgium

Active
Public limited companyfounded 1946active for 79 yearsNoorderlaan 147, 2030 Antwerpen, Belgium164 active companies are registered at this addressKBO/BCE: BE 0404.545.824
Summary

The computed 12-month bankruptcy probability of ArcelorMittal Logistics Belgium is 3.1% (moderate). The 2024 annual accounts show equity of €11.7m and a net result of -€2.0m. The company has been active since 1946 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Logistics services
NACE 52250
2 sites
Size
€351.0mturnover 2024
Staff
64 FTE
Equity
€11.7m
Loss
-€2.0m
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.1%
Structure
Parent
ARCELORMITTAL HOLDING AND SERVICES BELGIUM · 100%
Board
6 members
Auditor: DeloitteAccounts 15 days early
Why 48raises riskFigures for financial year 2024 (filed 16-07-2025)Liquidity: current ratio 1.13, cash €18,610, halvedEquity €11.7m (11.7% of total assets)lowers riskSize: turnover €351.0m, 64 FTE, total assets €100.0mShow the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 52, medium-sized)
Financial strength · tick = 2021
Weak
Solvency 37-6
equity 11.7% of total assets
Liquidity 1-11
short-term debt 88.1% · cash 0.0%
Profitability 19-34
return on assets -2.0%
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (176 companies, NACE 52, medium-sized)
Last 24 months 11-2024: 3.1% 12-2024: 3.1%● unchanged vs 11-2024 01-2025: 3.1%● unchanged vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 3.1%● unchanged vs 03-2025 05-2025: 3.1%● unchanged vs 04-2025 06-2025: 3.1%● unchanged vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 1.3%▼ -1.8 percentage points vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.2%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 1.3%▲ +0.1 percentage points vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.5 percentage points vs 07-2026 09-2026: 2.3%▲ +0.5 percentage points vs 08-2026 10-2026: 3.1%▲ +0.8 percentage points vs 09-2026highest value
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.13, compared with 1.4 in 2021, below the usual 1.5; short-term debt: 88.1% and cash: 0% of total assets), and 88.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 28% on solvency, 6% on liquidity and 13% on profitability.

The bankruptcy probability was computed on 19-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 16-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.13, cash €18,610, halved
NBB · annual accounts
raises risk · Equity €11.7m (11.7% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €351.0m, 64 FTE, total assets €100.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
15 days early
2023
8 days early
2022
5 days early
2021
4 days early
2020
1 day early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before 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 (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 24 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignations: Pierre Castermans, Lode Vlaeminck and…Appointments: Khalil Besbes (director) and…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by ARCELORMITTAL HOLDING AND SERVICES…ultimately: ArcelorMittal S.A. 100% View
  • Active since 1946founded 25-11-1946 79 years View

By topic

Financials

Financial year
2024
Turnover
€351.0m
Loss
-€2.0m
Solvency
11.7%
Turnover▲ 11.0%
Net result
20212024
Go to Financials

Board & ownership

Board
6 members
Parent
ARCELORMITTAL HOLDING AND SERVICES… · 100%
Auditor
Deloitte
  • Liem HazoeméDirector
  • André KalvelageDirector
  • HAMENDE PascaleDirector
  • Khalil BesbesDirector
  • ARCELORMITTAL HOLDING AND SERVICES BELGIUMDirector

and 1 other director

Go to Board & ownership

Network & group

Group
ArcelorMittal S.A.
Connected companies
3
Mergers and asset contributions
1
Go to Network & group

Timeline

Events
75
Since
1978
Next accounts
by 31-07-2027
  1. 13-02-2025Permanent representatives: Pascale Hamende and Francis Lefèvre
  2. 06-02-2025Resignation: Liem Hazoumé (director)
  3. 23-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Logistics servicesNACE 52250
Founded
25-11-1946
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
10
Annual meeting
First Wednesday of June at 11:00
Purpose
“De vennootschap heeft tot voorwerp,zowel in België als in het buitenland,voor eigen…” (deed in Dutch)
Go to Articles of association

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