ASSFOR LOGISTICS
ActiveASSFOR LOGISTICS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €265k and a net result of €12k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 80% of 726 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability57▲+3
Solvency89▼-7
Growth48▼-1
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 3.47 in 2023; short-term debt: 36.5% and cash: 16.5% of total assets), and 36.5% 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
51 d early
2022
77 d early
2021
60 d early
2020
59 d early
2019
73 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.27M▼ 5.6%
2023 · €1.34M
2018: €1.17M
2019: €1.42M
2020: €1.29M
2021: €1.46M
2022: €1.67M
2023: €1.34M
2018 → 2024
EBIT margin
1.3%▲ 0.7pp
2023 · 0.6%
2018: 3.6%
2019: 0.8%
2020: -1.4%
2021: 2.3%
2022: 3.3%
2023: 0.6%
2018 → 2024
Net result
€12k▲ 254%
2023 · €3k
2018: €41k
2019: €10k
2020: €-19k
2021: €32k
2022: €42k
2023: €3k
2018 → 2024
Working capital
€265k▲ 4.7%
2023 · €254k
2018: €188k
2019: €192k
2020: €173k
2021: €207k
2022: €249k
2023: €254k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.29M-€1.46M▲ 13.3%€1.67M▲ 14.8%€1.34M▼ 19.8%€1.27M▼ 5.6%
Equity€177k-€209k▲ 18.2%€251k▲ 20.0%€254k▲ 1.3%€265k▲ 4.6%
Operating result€-18k-€33k€55k▲ 67.5%€7k▼ 86.6%€16k▲ 122%
Net result€-19k-€32k€42k▲ 30.4%€3k▼ 92.2%€12k▲ 254%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 122% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €418k
Equity
€265k▲ 4.6%
Debt
€152k▲ 48.5%
The debt ratio rises from 28.8% to 36.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▲
2023 · €8k
Cash flow
€12k▲
2023 · €4k
Solvency
63.5%▼
2023 · 71.2%
Current ratio
2.74▼
2023 · 3.47
Quick ratio
2.59▼
2023 · 3.25
Debt / equity
0.57▲
2023 · 0.40
ROE
4.4%▲
2023 · 1.3%
ROA
2.8%▲
2023 · 0.9%
Interest coverage
14.15▼
2023 · 208.75
Debt
€152k▲
2023 · €103k
Debt ≤ 1 year
€152k▲
2023 · €103k
Income taxes
€5k▲
2023 · €3k
Staff costs
€267k▼
2023 · €270k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€356k€418k▲
Fixed assets21/28€286-
Tangible fixed assets22/27€286-
Plant, machinery and equipment23€286-
Current assets29/58€356k€418k▲
Stocks and contracts in progress3€22k€23k▲
Stocks30/36€22k€23k▲
Goods purchased for resale34€22k€23k▲
Amounts receivable within one year40/41€238k€322k▲
Trade receivables40€214k€306k▲
Other amounts receivable41€23k€16k▼
Cash at bank and in hand54/58€95k€69k▼
Deferred charges and accrued income490/1€865€4k▲
Equity and liabilities
Total equity and liabilities10/49€356k€418k▲
Equity10/15€254k€265k▲
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€200k€200k=
Reserves13€54k€65k▲
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Distributable reserves133€34k€45k▲
Amounts payable17/49€103k€152k▲
Amounts payable within one year42/48€103k€152k▲
Trade debts44€77k€124k▲
Suppliers440/4€77k€124k▲
Taxes, remuneration and social security45€25k€29k▲
Remuneration and social security454/9€25k€29k▲
Income statement
Code20232024
Operating income70/76A€1.34M€1.27M▼
Turnover70€1.34M€1.27M▼
Other operating income74€823€3k▲
Operating charges60/66A€1.33M€1.25M▼
Goods for resale, raw materials and consumables60€878k€831k▼
Purchases600/8€878k€831k▼
Services and other goods61€184k€153k▼
Remuneration, social security and pensions62€270k€267k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€941€286▼
Other operating charges640/8€2k€1k▼
Operating profit (loss)9901€7k€16k▲
Financial income75/76B€300€1k▲
Recurring financial income75€300€1k▲
Other financial income752/9€300€1k▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Debt charges650€40-
Other financial charges652/9€1k€1k▲
Profit (loss) for the period before taxes9903€7k€17k▲
Income taxes67/77€3k€5k▲
Taxes670/3€3k€6k▲
Tax adjustments and reversals of tax provisions77-€438
Profit (loss) for the period9904€3k€12k▲
Profit (loss) for the period to be appropriated9905€3k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€12k▲
Transfer to equity691/2€3k€12k▲
To other reserves6921€3k€12k▲
Social balance
Average headcount (FTE)90874.24.0▼
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €42k ▲30.4%
Operating result €55k, net result €42k, both a record.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
31-12
Financial
Equity above €200kEq €209k ▲18.2%
Equity rises from €177k to €209k.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-19k ▼282%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
02-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2003
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.
Westpoort 51-592070 Beveren-Kruibeke-ZwijndrechtGround area
4,996 m²
Parcel 11011A0233/00D002, Flanders. Linked by address, not a title deed.
1 establishment unit
ASSFOR LOGISTICS
since 20032.132.657.737
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11011A0233/00D002 | Flanders | 4,996 m² | - | - |
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.
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DE CENTRALE
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INTERLOG
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Of 3,191 companies in sector 52250 we hold annual accounts for 1,956. 1,460 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-06-2003
Fiscal year end31-12
Activities, NACEBEL
52241Warehousing and support activities for transportation
52250Logistics services
52290Warehousing and support activities for transportation
63401
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.