B & L LOGISTICS
InactiveB & L LOGISTICS was declared bankrupt on 05-09-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 11-03-2025, published in the Belgian State Gazette on 14-03-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
31 d late
2020
30 d late
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€21k▼ 28.4%
2021 · €30k
2018: €5k
2019: €16k
2021: €30k
2018 → 2022
Total assets
€118k▲ 44.5%
2021 · €82k
2018: €22k
2019: €62k
2021: €82k
2018 → 2022
Net result
€-8k
2021 · €3k
2018: €5k
2019: €12k
2021: €3k
2018 → 2022
Working capital
€19k▼ 38.2%
2021 · €30k
2018: €6k
2019: €18k
2021: €30k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920212022Trend
Equity€5k-€16k▲ 257%€30k▲ 82.5%€21k▼ 28.4%
Operating result€7k-€16k▲ 147%€6k▼ 60.2%€-28k
Net result€5k-€12k▲ 157%€3k▼ 75.2%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €28k after €6k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €118k
Fixed assets
€3k▼ 45.5%
Current assets
€115k▲ 50.7%
Equity and liabilities €118k
Equity
€21k▼ 28.4%
Debt
€97k▲ 86.1%
The debt ratio rises from 63.7% to 82.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-28k▼
2021 · €7k
Cash flow
€-8k▼
2021 · €4k
Solvency
18.0%▼
2021 · 36.3%
Current ratio
1.19▼
2021 · 1.65
Quick ratio
1.19▼
2021 · 1.65
Debt / equity
4.56▲
2021 · 1.75
ROE
-39.6%▼
2021 · 9.8%
ROA
-7.1%▼
2021 · 3.6%
Debt
€97k▲
2021 · €52k
Debt ≤ 1 year
€97k▲
2021 · €46k
Income taxes
€149▼
2021 · €3k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€82k€118k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€377€0▼
Furniture and vehicles24€377€0▼
Financial fixed assets28€5k€3k▼
Current assets29/58€77k€115k▲
Amounts receivable within one year40/41€58k€102k▲
Trade receivables40€58k€102k▲
Cash at bank and in hand54/58€15k€10k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€82k€118k▲
Equity10/15€30k€21k▼
Contributions10/11€1€1=
Outside capital11€1€1=
Share premium1100/10€1€1=
Reserves13€27k€30k▲
Distributable reserves133€27k€30k▲
Profit (loss) carried forward14€3k€-8k▼
Amounts payable17/49€52k€97k▲
Amounts payable within one year42/48€46k€97k▲
Trade debts44€17k€37k▲
Suppliers440/4€17k€37k▲
Advances received on contracts in progress46€2k€37k▲
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€19k€20k▲
Accrued charges and deferred income492/3€6k€242▼
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€701€377▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€9k€-27k▼
Operating profit (loss)9901€6k€-28k▼
Financial income75/76B-€20k
Recurring financial income75-€43
Non-recurring financial income76B-€20k
Financial charges65/66B€517-
Recurring financial charges65€517-
Profit (loss) for the period before taxes9903€6k€-8k▼
Income taxes67/77€3k€149▼
Profit (loss) for the period9904€3k€-8k▼
Profit (loss) for the period to be appropriated9905€3k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-8k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · B&L LOGIS- TICS BVBA VEERSTRAAT 81, 2840 RUMST · event 11-03-2025
2023
03-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · B&L LOGISTICS BVBA VEER- STRAAT 81, 2840 RUMST · event 05-09-2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-8k ▼389%
Net result drops to €-8k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Highest result since 2018net €12k ▲157%
Operating result €16k, net result €12k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEFFI VANHULLE GROTE BAAN 68, 9120 BEVEREN-
WAAS |
05-09-2023 → present |