BAB LOGISTICS
Open bankruptcyA bankruptcy procedure is open for BAB LOGISTICS according to publications in the Belgian State Gazette; curator: Lise HEILPORN.
Summary
The 2024 annual accounts show equity of €60,764 and a net result of €15,293.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 18 May 2026
- Supervising judge
- Philippe Gusbin
- Official Gazette
- 26-05-2026 (pdf) ↗search the document for 2026/122339
Deadlines
- Appeal or third-party opposition until
- passed on 10 June 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 17 June 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 24 June 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 18 May 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Lise HeilpornChaussee De La Hulpe 150, 1170 Watermael-Boitsfortl.heilporn@bdcg.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 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
41 d late
2023
274 d late
2022
107 d late
2021
18 d late
2020
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 79 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Freight transport by road sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€60,764▲ 33.6%
2023 · €45,471
Total assets
€139,415▼ 8.9%
2023 · €152,951
Net result
€15,293▲ 2.0%
2023 · €14,990
Working capital
€52,115▲ 58.8%
2023 · €32,819
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line20202021202220232024
Operating result€25,484-€12,331▼ 51.6%€1,085▼ 91.2%€19,201▲ 1,670%€25,840▲ 34.6%
Net result€20,629above the sector's middle half-€8,339within the sector's middle half▼ 59.6%-€487within the sector's middle half€14,990within the sector's middle half€15,293within the sector's middle half▲ 2.0%
Equity€22,629within the sector's middle half-€30,968within the sector's middle half▲ 36.9%€30,481within the sector's middle half▼ 1.6%€45,471within the sector's middle half▲ 49.2%€60,764within the sector's middle half▲ 33.6%
Total assets€46,801within the sector's middle half-€64,753within the sector's middle half▲ 38.4%€94,587within the sector's middle half▲ 46.1%€152,951within the sector's middle half▲ 61.7%€139,415within the sector's middle half▼ 8.9%
Debt€24,172-€33,785▲ 39.8%€64,106▲ 89.7%€107,481▲ 67.7%€78,651▼ 26.8%
Working capital€18,989within the sector's middle half-€26,106within the sector's middle half▲ 37.5%€17,829within the sector's middle half▼ 31.7%€32,819within the sector's middle half▲ 84.1%€52,115above the sector's middle half▲ 58.8%
Solvency48.4%within the sector's middle half-47.8%within the sector's middle half▼ 0.5pp32.2%within the sector's middle half▼ 15.6pp29.7%within the sector's middle half▼ 2.5pp43.6%within the sector's middle half▲ 13.9pp
Current ratio2.01within the sector's middle half-1.82within the sector's middle half▼ 0.191.28within the sector's middle half▼ 0.541.31within the sector's middle half▲ 0.031.66within the sector's middle half▲ 0.36
Return on assets (ROA)44.1%above the sector's middle half-12.9%within the sector's middle half▼ 31.2pp-0.5%within the sector's middle half▼ 13.4pp9.8%within the sector's middle half▲ 10.3pp11.0%within the sector's middle half▲ 1.2pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 35% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139,415
Fixed assets
€8,648 ▼ 31.6%
Current assets
€130,767 ▼ 6.8%
Equity and liabilities €139,415
Equity
€60,764 ▲ 33.6%
Debt
€78,651 ▼ 26.8%
Debt's share of the balance-sheet total falls from 70.3% to 56.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29,843
Cash flow
€19,296
Debt to equity
1.29▼
2023 · 2.36
ROE
25.2%▼
2023 · 33.0%
Interest coverage
13.95
Debt ≤ 1 year
€78,651▼
2023 · €107,481
Income taxes
€8,407▲
2023 · €5,984
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,120 | €1,945 | - | €4,003 | - |
| Other operating charges640/8 | - | €4,939 | €2,437 | €2,723 | €2,053 | ▼ 24.6% |
| Gross operating margin9900 | €25,484 | €18,391 | €5,467 | €21,924 | €31,896 | ▲ 45.5% |
| Operating profit (loss)9901 | €25,484 | €12,331 | €1,085 | €19,201 | €25,840 | ▲ 34.6% |
| Financial income75/76B | - | €1,304 | €2,218 | €2,979 | - | - |
| Recurring financial income75 | €1,104 | €1,304 | €2,218 | €2,979 | - | - |
| Financial charges65/66B | - | €1,131 | €1,416 | €1,206 | €2,140 | ▲ 77.5% |
| Recurring financial charges65 | €673 | €1,131 | €1,416 | €1,206 | €2,140 | ▲ 77.5% |
| Profit (loss) for the period before taxes9903 | €25,916 | €12,505 | €1,887 | €20,974 | €23,700 | ▲ 13.0% |
| Income taxes67/77 | €5,287 | €4,166 | €2,374 | €5,984 | €8,407 | ▲ 40.5% |
| Profit (loss) for the period9904 | €20,629 | €8,339 | -€487 | €14,990 | €15,293 | ▲ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €20,629 | €8,339 | -€487 | €14,990 | €15,293 | ▲ 2.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,801 | €64,753 | €94,587 | €152,951 | €139,415 | ▼ 8.9% |
| Fixed assets21/28 | €9,000 | €6,897 | €12,651 | €12,651 | €8,648 | ▼ 31.6% |
| Tangible fixed assets22/27 | - | €6,897 | €12,151 | €12,151 | €8,148 | ▼ 32.9% |
| Leasing and similar rights25 | - | €6,897 | €12,151 | €12,151 | €8,148 | ▼ 32.9% |
| Financial fixed assets28 | €9,000 | - | €500 | €500 | €500 | = |
| Current assets29/58 | €37,801 | €57,856 | €81,936 | €140,300 | €130,767 | ▼ 6.8% |
| Amounts receivable within one year40/41 | €33,939 | €56,989 | €81,935 | €140,300 | €130,553 | ▼ 6.9% |
| Trade receivables40 | - | €27,350 | €47,215 | €62,746 | €130,553 | ▲ 108% |
| Other amounts receivable41 | - | €29,639 | €34,721 | €77,554 | - | - |
| Cash at bank and in hand54/58 | €3,862 | €868 | €0 | - | €214 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,801 | €64,753 | €94,587 | €152,951 | €139,415 | ▼ 8.9% |
| Equity10/15 | €22,629 | €30,968 | €30,481 | €45,471 | €60,764 | ▲ 33.6% |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €20,629 | €28,968 | €28,481 | €43,471 | €58,764 | ▲ 35.2% |
| Amounts payable17/49 | €24,172 | €33,785 | €64,106 | €107,481 | €78,651 | ▼ 26.8% |
| Amounts payable after more than one year17 | €5,360 | €2,035 | - | - | - | - |
| Financial debts170/4 | - | €2,035 | - | - | - | - |
| Amounts payable within one year42/48 | €18,812 | €31,750 | €64,106 | €107,481 | €78,651 | ▼ 26.8% |
| Current portion of amounts payable after more than one year42 | - | €3,325 | €2,166 | - | - | - |
| Financial debts43 | - | - | - | €2,545 | - | - |
| Credit institutions430/8 | - | - | - | €2,545 | - | - |
| Trade debts44 | €5,991 | €11,100 | €32,197 | €55,193 | €12,590 | ▼ 77.2% |
| Suppliers440/4 | - | €11,100 | €32,197 | €55,193 | €12,590 | ▼ 77.2% |
| Taxes, remuneration and social security45 | - | €17,324 | €29,743 | €49,743 | €52,833 | ▲ 6.2% |
| Taxes450/3 | - | €17,324 | €29,743 | €49,743 | €52,833 | ▲ 6.2% |
| Other amounts payable47/48 | - | - | - | - | €13,228 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,629 | €8,339 | -€487 | €14,990 | €15,293 | ▲ 2.0% |
| + Depreciation and write-downs630 | - | €1,120 | €1,945 | - | €4,003 | - |
| Operating cash flow (approximation) | €20,629 | €9,459 | €1,458 | €14,990 | €19,296 | ▲ 28.7% |
| Investment in fixed assets (approximation) | - | €983 | -€7,700 | €0 | €0 | - |
| Change in cash | - | -€2,994 | -€867 | - | - | - |
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
2026
26-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 18-05-2026
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
01-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 274 days late
2023
31-12
Financial
Back to profitnet €14,990
Net result €14,990 after one loss-making year.
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 107 days late
2022
31-12
Financial
Weakest financial yearnet -€487
Net result drops to -€487, the lowest in the series.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Brussel · 1 establishment unit since 2020
Ground area
92 m²
Building footprint
89 m²
Volume, LiDAR
1,096 m³
Parcel 21814P0430/00E025, Brussels · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BAB LOGISTICS
since 20202.303.784.147
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0430/00E025 | Brussels | 92 m² | 1 · 89 m² | 14.9 m · 4 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
18-05-2026 → present |
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,204. 6,118 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
Founded18-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.