B&R Logistics
ActiveSummary
B&R Logistics has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of -€10,604. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 30% of 439 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+3
Solvency49▲+4
Growth44=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.43 in 2024; short-term debt: 43.8% and cash: 2.4% of total assets), and 76.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← 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
23.6%
Return on assets
-0.1%
Age of the figures
9 mo
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10,604
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
21 d early
2023
29 d early
2022
28 d early
2021
19 d early
2020
24 d early
2019
32 d 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 25 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money Which other companies belong to the same group?B & R · 18 companies
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Financials · fiscal year 2025, full schema
In the rankings
#2 company by total assets in Arendonk, Administrative and support services sector#3 company by equity in Arendonk, Administrative and support services sector#7 oldest company in Arendonk, Administrative and support services sector
Turnover
€9.6m▼ 1.2%
2024 · €9.7m
EBIT margin
5.3%▲ 5.1pp
2024 · 0.2%
Net result
-€10,604▲ 96.5%
2024 · -€303,101
Working capital
-€1.4m▲ 37.5%
2024 · -€2.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€12.6m▲ 18.9%€13.6m▲ 8.2%€13.7m▲ 0.8%€9.7m▼ 29.1%€9.6m▼ 1.2%
Operating result€723,091▲ 296%-€86,294€467,729€19,468▼ 95.8%€504,947▲ 2,494%
Net result€498,027above the sector's middle half▲ 8,765%-€237,163below the sector's middle half€48,504within the sector's middle half-€303,101below the sector's middle half-€10,604below the sector's middle half▲ 96.5%
EBIT margin5.7%▲ 4.0pp-0.6%▼ 6.4pp3.4%▲ 4.0pp0.2%▼ 3.2pp5.3%▲ 5.1pp
Equity€2.4mwithin the sector's middle half▲ 15.6%€2.1mwithin the sector's middle half▼ 10.0%€2.2mwithin the sector's middle half▲ 2.3%€1.9mwithin the sector's middle half▼ 13.9%€1.9mwithin the sector's middle half▼ 0.6%
Total assets€12.5mabove the sector's middle half▲ 10.4%€13.2mabove the sector's middle half▲ 5.7%€12.8mabove the sector's middle half▼ 3.4%€9.2mabove the sector's middle half▼ 27.9%€8.0mwithin the sector's middle half▼ 13.8%
Debt€10.1m▲ 9.3%€11.0m▲ 9.7%€10.6m▼ 4.3%€7.3m▼ 30.8%€6.1m▼ 17.0%
Working capital-€5.1m▼ 3.0%-€6.1m▼ 21.3%-€2.5m▲ 58.6%-€2.3m▲ 9.0%-€1.4m▲ 37.5%
Solvency19.0%within the sector's middle half▲ 0.9pp16.2%within the sector's middle half▼ 2.8pp17.1%within the sector's middle half▲ 0.9pp20.4%within the sector's middle half▲ 3.3pp23.6%within the sector's middle half▲ 3.1pp
Staff (FTE)40.6above the sector's middle half▲ 7.7%42.2above the sector's middle half▲ 3.9%44.3above the sector's middle half▲ 5.0%33.5above the sector's middle half▼ 24.4%30.1above the sector's middle half▼ 10.1%
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,494% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.0m
Fixed assets
€5.9m ▼ 20.9%
Current assets
€2.0m ▲ 16.6%
Equity and liabilities €8.0m
Equity
€1.9m ▼ 0.6%
Provisions
€9,558 ▼ 65.2%
Debt
€6.1m ▼ 17.0%
Debt's share of the balance-sheet total falls from 79.3% to 76.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2.4m▲
2024 · €2.3m
Cash flow
€1.8m▼
2024 · €1.9m
Current ratio
0.58▲
2024 · 0.43
Quick ratio
0.35▲
2024 · 0.24
Debt to equity
3.24▼
2024 · 3.88
ROE
-0.6%▲
2024 · -16.1%
ROA
-0.1%▲
2024 · -3.3%
Interest coverage
9.15▲
2024 · 7.47
Debt ≤ 1 year
€3.5m▼
2024 · €4.1m
Debt > 1 year
€2.6m▼
2024 · €3.2m
Income taxes
€32,133▼
2024 · €35,566
Staff costs
€2.1m▼
2024 · €2.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,501 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,501 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €12.7m | €13.9m | €14.0m | €10.3m | €10.0m | ▼ 3.3% |
| Turnover70 | €12.6m | €13.6m | €13.7m | €9.7m | €9.6m | ▼ 1.2% |
| Other operating income74 | €144,762 | €274,314 | €251,830 | €602,481 | €378,608 | ▼ 37.2% |
| Operating charges60/66A | €12.0m | €14.0m | €13.5m | €10.3m | €9.5m | ▼ 8.0% |
| Goods for resale, raw materials and consumables60 | €5.3m | €6.4m | €5.9m | €4.7m | €4.5m | ▼ 4.3% |
| Purchases600/8 | €5.3m | €6.4m | €5.8m | €4.7m | €4.5m | ▼ 3.6% |
| Change in stocks: decrease (increase)609 | -€62,133 | €18,266 | €29,452 | -€31,152 | -€62,372 | ▼ 100% |
| Services and other goods61 | €1.2m | €1.6m | €1.4m | €1.2m | €1.1m | ▼ 7.2% |
| Remuneration, social security and pensions62 | €2.6m | €2.8m | €3.1m | €2.2m | €2.1m | ▼ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3.0m | €3.1m | €3.0m | €2.2m | €1.9m | ▼ 17.0% |
| Other operating charges640/8 | €38,912 | €49,830 | €48,405 | €36,895 | €30,861 | ▼ 16.4% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Operating profit (loss)9901 | €723,091 | -€86,294 | €467,729 | €19,468 | €504,947 | ▲ 2,494% |
| Financial income75/76B | €5,228 | €232 | €232 | €387 | €0 | ▼ 100% |
| Recurring financial income75 | €5,228 | €232 | €232 | €387 | €0 | ▼ 100% |
| Other financial income752/9 | €5,228 | €232 | €232 | €387 | €0 | ▼ 100% |
| Financial charges65/66B | €134,333 | €171,056 | €431,238 | €308,146 | €501,359 | ▲ 62.7% |
| Recurring financial charges65 | €134,333 | €171,056 | €431,238 | €308,145 | €260,292 | ▼ 15.5% |
| Debt charges650 | €133,692 | €169,280 | €429,344 | €301,606 | €257,591 | ▼ 14.6% |
| Other financial charges652/9 | €640 | €1,775 | €1,894 | €6,539 | €2,702 | ▼ 58.7% |
| Non-recurring financial charges66B | - | - | - | €1 | €241,067 | ▲ 24,350,052% |
| Profit (loss) for the period before taxes9903 | €593,986 | -€257,118 | €36,723 | -€288,291 | €3,589 | ▲ 101% |
| Transfer from deferred taxes780 | €23,130 | €22,978 | €22,934 | €20,756 | €17,941 | ▼ 13.6% |
| Transfer to deferred taxes680 | €20,764 | €0 | - | - | - | - |
| Income taxes67/77 | €98,325 | €3,024 | €11,153 | €35,566 | €32,133 | ▼ 9.7% |
| Taxes670/3 | €98,325 | €3,024 | €11,153 | €35,566 | €32,133 | ▼ 9.7% |
| Tax adjustments and reversals of tax provisions77 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | €498,027 | -€237,163 | €48,504 | -€303,101 | -€10,604 | ▲ 96.5% |
| Transfer from tax-exempt reserves789 | €69,391 | €146,434 | €68,803 | €62,268 | €53,824 | ▼ 13.6% |
| Transfer to tax-exempt reserves689 | €62,291 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €505,128 | -€90,729 | €117,307 | -€240,833 | €43,220 | ▲ 118% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.5m | €13.2m | €12.8m | €9.2m | €8.0m | ▼ 13.8% |
| Fixed assets21/28 | €10.0m | €10.7m | €7.2m | €7.5m | €5.9m | ▼ 20.9% |
| Intangible fixed assets21 | €933,020 | €1.9m | €0 | - | - | - |
| Tangible fixed assets22/27 | €7.7m | €7.5m | €5.9m | €6.0m | €4.8m | ▼ 20.2% |
| Plant, machinery and equipment23 | €3.3m | €3.6m | €3.2m | €3.6m | €2.9m | ▼ 17.3% |
| Furniture and vehicles24 | €1.8m | €1.7m | €1.4m | €1.0m | €827,755 | ▼ 18.5% |
| Leasing and similar rights25 | €2.6m | €2.1m | €1.1m | €1.4m | €1.0m | ▼ 26.6% |
| Other tangible fixed assets26 | €107,116 | €161,323 | €117,580 | €71,683 | €28,904 | ▼ 59.7% |
| Financial fixed assets28 | €1.3m | €1.3m | €1.3m | €1.4m | €1.1m | ▼ 23.8% |
| Affiliated companies280/1 | €1.3m | €1.3m | €1.3m | €1.4m | €1.1m | ▼ 24.1% |
| Participating interests280 | €1.3m | €1.3m | €1.3m | €1.4m | €1.1m | ▼ 24.1% |
| Other financial fixed assets284/8 | €12,885 | €12,885 | €12,885 | €12,885 | €12,885 | = |
| Amounts receivable and cash guarantees285/8 | €12,885 | €12,885 | €12,885 | €12,885 | €12,885 | = |
| Current assets29/58 | €2.5m | €2.6m | €5.6m | €1.7m | €2.0m | ▲ 16.6% |
| Stocks and contracts in progress3 | €692,877 | €798,497 | €736,476 | €767,628 | €830,000 | ▲ 8.1% |
| Stocks30/36 | €692,877 | €798,497 | €736,476 | €767,628 | €830,000 | ▲ 8.1% |
| Goods purchased for resale34 | €692,877 | €798,497 | €736,476 | €767,628 | €830,000 | ▲ 8.1% |
| Amounts receivable within one year40/41 | €1.6m | €1.6m | €4.7m | €735,312 | €1.0m | ▲ 38.7% |
| Trade receivables40 | €1.4m | €1.4m | €4.6m | €701,733 | €964,724 | ▲ 37.5% |
| Other amounts receivable41 | €162,114 | €126,617 | €95,585 | €33,579 | €54,864 | ▲ 63.4% |
| Cash at bank and in hand54/58 | €255,200 | €213,331 | €184,155 | €243,934 | €187,668 | ▼ 23.1% |
| Deferred charges and accrued income490/1 | €8,095 | €8,943 | €5,272 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.5m | €13.2m | €12.8m | €9.2m | €8.0m | ▼ 13.8% |
| Equity10/15 | €2.4m | €2.1m | €2.2m | €1.9m | €1.9m | ▼ 0.6% |
| Contributions10/11 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Reserves13 | €1.9m | €1.6m | €1.7m | €1.4m | €1.4m | ▼ 0.8% |
| Tax-exempt reserves132 | €584,511 | €438,077 | €369,274 | €307,005 | €253,182 | ▼ 17.5% |
| Distributable reserves133 | €1.3m | €1.2m | €1.3m | €1.1m | €1.1m | ▲ 4.0% |
| Provisions and deferred taxes16 | €94,168 | €71,190 | €48,255 | €27,499 | €9,558 | ▼ 65.2% |
| Deferred taxes168 | €94,168 | €71,190 | €48,255 | €27,499 | €9,558 | ▼ 65.2% |
| Amounts payable17/49 | €10.1m | €11.0m | €10.6m | €7.3m | €6.1m | ▼ 17.0% |
| Amounts payable after more than one year17 | €2.5m | €2.3m | €2.4m | €3.2m | €2.6m | ▼ 20.4% |
| Financial debts170/4 | €2.5m | €2.3m | €2.4m | €3.2m | €2.6m | ▼ 20.4% |
| Leasing and similar obligations172 | €711,759 | €552,103 | €181,928 | €694,800 | €609,083 | ▼ 12.3% |
| Credit institutions173 | €1.8m | €1.8m | €2.2m | €2.6m | €2.0m | ▼ 22.6% |
| Amounts payable within one year42/48 | €7.6m | €8.7m | €8.1m | €4.1m | €3.5m | ▼ 14.2% |
| Current portion of amounts payable after more than one year42 | €2.2m | €2.1m | €1.7m | €1.5m | €1.3m | ▼ 15.0% |
| Trade debts44 | €1.2m | €1.1m | €1.2m | €506,515 | €504,259 | ▼ 0.4% |
| Suppliers440/4 | €1.2m | €1.1m | €1.2m | €506,515 | €504,259 | ▼ 0.4% |
| Taxes, remuneration and social security45 | €290,348 | €264,169 | €236,909 | €106,860 | €104,153 | ▼ 2.5% |
| Taxes450/3 | €98,325 | €80,851 | €11,153 | €1,952 | €32,158 | ▲ 1,548% |
| Remuneration and social security454/9 | €192,023 | €183,318 | €225,756 | €104,909 | €71,995 | ▼ 31.4% |
| Other amounts payable47/48 | €3.9m | €5.3m | €5.0m | €2.0m | €1.6m | ▼ 17.8% |
| Accrued charges and deferred income492/3 | - | €1,783 | €580 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €498,027 | -€237,163 | €48,504 | -€303,101 | -€10,604 | ▲ 96.5% |
| + Depreciation and write-downs630 | €3.0m | €3.1m | €3.0m | €2.2m | €1.9m | ▼ 17.0% |
| Operating cash flow (approximation) | €3.5m | €2.9m | €3.1m | €1.9m | €1.8m | ▼ 4.5% |
| Investment in fixed assets (approximation) | - | -€3.8m | €402,050 | -€2.5m | -€293,592 | ▲ 88.3% |
| Change in cash | - | -€41,868 | -€29,176 | €59,779 | -€56,267 | ▼ 194% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€303,101
Net result drops to -€303,101, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €48,504
Net result €48,504 after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €498,027 ▲8,765%
Operating result €723,091, net result €498,027, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €2mEq €2.1m ▲11%
2 profitable years in a row build equity to €2.1m.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Arendonk · 1 establishment unit since 2005
Ground area
4,994 m²
Building footprint
391 m²
Parcel 13322C1203/00E000, Flanders. Linked by address, not a title deed.
33
companies at this address
See who is registered here
1 establishment unit
B&R Logistics bvba
since 20052.148.989.567
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322C1203/00E000 | Flanders | 4,994 m² | 1 · 391 m² | 0.0 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
B & R
18 companies
Group, risk and exposure
Owners and holdings
1 owner · 6 holdingsChain of control
- B & R
- B&R Logistics
Highest known parent: B & R. The sources do not say who stands above it.
Owners 1
- B & RparentSourceaccounts B & R 2025100%
Holdings 6
-
33.33%
-
33.21%
-
33%
-
33%
-
33%
-
33%
According to the 2025 annual accounts of B&R Logistics and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 3,855 EUR awarded · 3,855 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,768 EUR | 1,768 EUR |
| 2024 | 1 | 2,087 EUR | 2,087 EUR |
Schemes
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Of 666 companies in sector 77320 we hold annual accounts for 491. 309 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-09-2005
Fiscal year end31-12
Activities, NACEBEL 2025
77320Rental and leasing activities
Contact
Phone
014/44.38.80
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875838437
Also
9925:BE0875838437
Registered
16-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.