BBE LOGISTICS
ActiveSummary
The computed 12-month bankruptcy probability of BBE LOGISTICS is 5.5% (elevated). The 2025 annual accounts show negative equity (-€15,396) and a net result of -€15,764. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 4718 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-26
Growth44▼-16
Track record94
Bankruptcy probability, 12 months
5.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.29 against 0.71 in 2024; short-term debt: 125.9% and cash: 37.1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-62.4%
Return on assets
-63.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€15,396
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 06-07-2026, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
25 d early
2024
29 d late
2023
51 d early
2022
70 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 29 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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. Usually files around 24 June (3 of the last 4 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€99,037▲ 10.0%
2023 · €90,060
EBIT margin
19.7%▲ 40.4pp
2023 · -20.7%
Net result
-€15,764
2024 · €15,406
Working capital
-€21,932▼ 157%
2024 · -€8,517
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
Line2022202320242025
Turnover€90,060€99,037▲ 10.0%
Operating result€2,870--€18,676€19,461-€13,156
Net result€2,515within the sector's middle half--€19,553below the sector's middle half€15,406within the sector's middle half-€15,764below the sector's middle half
EBIT margin-20.7%19.7%▲ 40.4pp
Equity€4,515below the sector's middle half--€15,038below the sector's middle half€369below the sector's middle half-€15,396below the sector's middle half
Total assets€34,596below the sector's middle half-€45,054within the sector's middle half▲ 30.2%€48,335within the sector's middle half▲ 7.3%€24,685below the sector's middle half▼ 48.9%
Debt€30,081-€60,092▲ 99.8%€47,967▼ 20.2%€40,081▼ 16.4%
Working capital-€8,041within the sector's middle half--€27,065below the sector's middle half▼ 237%-€8,517within the sector's middle half▲ 68.5%-€21,932below the sector's middle half▼ 157%
Solvency13.1%below the sector's middle half--33.4%below the sector's middle half▼ 46.4pp0.8%below the sector's middle half▲ 34.1pp-62.4%below the sector's middle half▼ 63.1pp
Current ratio0.73below the sector's middle half-0.19below the sector's middle half▼ 0.540.71below the sector's middle half▲ 0.520.29below the sector's middle half▼ 0.42
Return on assets (ROA)7.3%within the sector's middle half--43.4%below the sector's middle half▼ 50.7pp31.9%above the sector's middle half▲ 75.3pp-63.9%below the sector's middle half▼ 95.7pp
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
The operating result turns negative in 2025: a loss of €13,156 after €19,461 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24,685
Fixed assets
€15,528 ▼ 42.5%
Current assets
€9,157 ▼ 57.1%
Key figures and ratios
EBITDA
-€1,690▼
2024 · €36,559
Cash flow
-€4,299▼
2024 · €32,505
Debt to equity
-2.60
Interest coverage
-0.64▼
2024 · 9.01
Debt ≤ 1 year
€31,089▲
2024 · €29,859
Debt > 1 year
€8,992▼
2024 · €18,107
Staff costs
€2,665▼
2024 · €4,711
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
8.9%
went bankrupt
5.6%
stopped otherwise
85%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,638 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €90,060 | €99,037 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €98,152 | €57,704 | - | - |
| Remuneration, social security and pensions62 | €418 | €3,082 | €4,711 | €2,665 | ▼ 43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,199 | €7,477 | €17,098 | €11,466 | ▼ 32.9% |
| Other operating charges640/8 | €35 | €26 | €63 | €945 | ▲ 1,398% |
| Gross operating margin9900 | €9,522 | -€8,092 | €41,334 | €1,919 | ▼ 95.4% |
| Operating profit (loss)9901 | €2,870 | -€18,676 | €19,461 | -€13,156 | ▼ 168% |
| Financial income75/76B | - | - | €1 | €16 | ▲ 1,522% |
| Recurring financial income75 | - | - | €1 | €16 | ▲ 1,522% |
| Financial charges65/66B | €355 | €877 | €4,056 | €2,625 | ▼ 35.3% |
| Recurring financial charges65 | €355 | €877 | €4,056 | €2,625 | ▼ 35.3% |
| Profit (loss) for the period before taxes9903 | €2,515 | -€19,553 | €15,406 | -€15,764 | ▼ 202% |
| Profit (loss) for the period9904 | €2,515 | -€19,553 | €15,406 | -€15,764 | ▼ 202% |
| Profit (loss) for the period to be appropriated9905 | €2,515 | -€19,553 | €15,406 | -€15,764 | ▼ 202% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €34,596 | €45,054 | €48,335 | €24,685 | ▼ 48.9% |
| Fixed assets21/28 | €12,556 | €38,579 | €26,993 | €15,528 | ▼ 42.5% |
| Tangible fixed assets22/27 | €12,421 | €38,444 | €21,758 | €10,293 | ▼ 52.7% |
| Plant, machinery and equipment23 | €281 | €158 | €35 | - | - |
| Furniture and vehicles24 | €11,692 | €37,884 | €21,366 | €9,981 | ▼ 53.3% |
| Other tangible fixed assets26 | €448 | €403 | €358 | €312 | ▼ 12.7% |
| Financial fixed assets28 | €135 | €135 | €5,235 | €5,235 | = |
| Current assets29/58 | €22,040 | €6,475 | €21,342 | €9,157 | ▼ 57.1% |
| Amounts receivable within one year40/41 | €14,364 | €5,040 | €13,825 | - | - |
| Trade receivables40 | €14,364 | €5,040 | €13,825 | - | - |
| Cash at bank and in hand54/58 | €2,276 | €250 | €7,517 | €9,157 | ▲ 21.8% |
| Deferred charges and accrued income490/1 | €5,401 | €1,185 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €34,596 | €45,054 | €48,335 | €24,685 | ▼ 48.9% |
| Equity10/15 | €4,515 | -€15,038 | €369 | -€15,396 | ▼ 4,277% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €2,515 | -€17,038 | -€1,631 | -€17,396 | ▼ 966% |
| Amounts payable17/49 | €30,081 | €60,092 | €47,967 | €40,081 | ▼ 16.4% |
| Amounts payable after more than one year17 | - | €26,552 | €18,107 | €8,992 | ▼ 50.3% |
| Financial debts170/4 | - | €26,552 | €18,107 | €8,992 | ▼ 50.3% |
| Amounts payable within one year42/48 | €30,081 | €33,540 | €29,859 | €31,089 | ▲ 4.1% |
| Current portion of amounts payable after more than one year42 | - | €7,823 | €8,445 | €9,116 | ▲ 8.0% |
| Trade debts44 | €5,323 | €677 | €8,526 | €7,552 | ▼ 11.4% |
| Suppliers440/4 | €5,323 | €677 | €8,526 | €7,552 | ▼ 11.4% |
| Taxes, remuneration and social security45 | €2,721 | €2,938 | €6,078 | €12,671 | ▲ 108% |
| Taxes450/3 | €1,221 | €2,938 | €6,078 | €11,071 | ▲ 82.1% |
| Remuneration and social security454/9 | €1,500 | - | - | €1,600 | - |
| Other amounts payable47/48 | €22,037 | €22,103 | €6,810 | €1,750 | ▼ 74.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,515 | -€19,553 | €15,406 | -€15,764 | ▼ 202% |
| + Depreciation and write-downs630 | €6,199 | €7,477 | €17,098 | €11,466 | ▼ 32.9% |
| Operating cash flow (approximation) | €8,714 | -€12,076 | €32,505 | -€4,299 | ▼ 113% |
| Investment in fixed assets (approximation) | - | -€33,500 | -€5,512 | €0 | ▲ 100% |
| Change in cash | - | -€2,025 | €7,267 | €1,640 | ▼ 77.4% |
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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €15,406
Net result €15,406 after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€19,553
Net result drops to -€19,553, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Grimbergen · 1 establishment unit since 2021
Ground area
181 m²
Building footprint
85 m²
Volume, LiDAR
814 m³
Parcel 23084A0333/00V002, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BBE LOGISTICS
since 20212.327.338.519
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0333/00V002 | Flanders | 181 m² | 1 · 85 m² | 12.4 m · 3 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.
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Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 327 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
Founded29-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0776667815
Also
9925:BE0776667815
Registered
12-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.