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BD LOG

Active
Private limited companyfounded 2022active for 4 yearsKlein-Mechelen 18, 2880 Bornem, BelgiumKBO/BCE: BE 0786.536.277
Summary

The computed 12-month bankruptcy probability of BD LOG is 4.6% (elevated). The 2025 annual accounts show equity of €1.4m and a net result of €176,429. Equity has been growing by about 5.7% per year since 2022. Its solvency ranks better than 15% of 862 sector peers (NACE 52, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-05-2022 Normal situation
Registered office
16 active companies are registered at this address Source: KBO register, as of 5 November 2026.
Activity
Logistics services NACE 52250
Joint committee
140.03 Road transport and logistics for third parties · annual accounts 2025
Establishment units
2.344.400.225 8930 Menen, since 01-07-2022
2.344.400.423 2300 Turnhout, since 01-07-2022and 14 others
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • LUMAManaging director · permanent representative Rafaël Lambrix
  • KERELDirector · since 22-05-2022 · permanent representative GOUVAERTS Kristof Marcel Maria Elisabeth
  • OBDEIJN PeterDirector · since 22-05-2022
and 2 others
Shareholders

Financial position

38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.6%
Annual accounts 2025
Turnover
€29.6m
▲ 13.7%
Profit
€176,429
Equity
€1.4m
▲ 12.9%
Total assets
€20.1m
▲ 49.7%
Employees on 31-12-2025
127
▲ 5.8%
Score breakdownraises riskLiquidity: current ratio 0.46, cash €390,067, halvedSector: Warehousing and support activities for transportation (NACE 52)Founded in 2022Equity €1.4m (6.9% of total assets)Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 37% of medium-sized companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Weak
Solvency 32-2
equity 6.9% of total assets
Liquidity 9-2
short-term debt 80.2% · cash 1.9%
Profitability 55+2
return on assets 0.9%
Bankruptcy probability within 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (176 companies, NACE 52, medium-sized)
Last 24 months 12-2024: 5.6% 01-2025: 6.9%▲ +1.3 percentage points vs 12-2024highest value 02-2025: 4.5%▼ -2.4 percentage points vs 01-2025 03-2025: 4.4%▼ -0.1 percentage points vs 02-2025 04-2025: 4.3%▼ -0.1 percentage points vs 03-2025 05-2025: 4.1%▼ -0.2 percentage points vs 04-2025lowest value 06-2025: 4.3%▲ +0.2 percentage points vs 05-2025 07-2025: 4.5%▲ +0.2 percentage points vs 06-2025 08-2025: 5.1%▲ +0.6 percentage points vs 07-2025 09-2025: 4.7%▼ -0.4 percentage points vs 08-2025 10-2025: 4.7%● unchanged vs 09-2025 11-2025: 4.7%● unchanged vs 10-2025 12-2025: 4.7%● unchanged vs 11-2025 01-2026: 4.7%● unchanged vs 12-2025 02-2026: 4.2%▼ -0.5 percentage points vs 01-2026 03-2026: 4.1%▼ -0.1 percentage points vs 02-2026 04-2026: 4.1%● unchanged vs 03-2026 05-2026: 4.2%▲ +0.1 percentage points vs 04-2026 06-2026: 4.3%▲ +0.1 percentage points vs 05-2026 07-2026: 4.5%▲ +0.2 percentage points vs 06-2026 08-2026: 4.5%● unchanged vs 07-2026 09-2026: 4.5%● unchanged vs 08-2026 10-2026: 4.6%▲ +0.1 percentage points vs 09-2026 11-2026: 4.6%● unchanged vs 10-2026
Credit of up to €50,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.46 (0.72 in 2024), below 1. Short-term debt is 80.2% and cash 1.9% of total assets. 93.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, medium-sized). It does better than 21% of them on solvency, 10% on liquidity, 38% on profitability and 77% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Liquidity: current ratio 0.46, cash €390,067, halved
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €1.4m (6.9% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 862 sector peers (2025).
NBB · sector comparison
Position among 862 sector peers
Solvency
better than 15%
← weakest strongest →
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 filings
Deviation from the deadline
2025
25 days early
2024
22 days late
2023
183 days late
2022
548 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 182 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 November (3 of the last 4 accounts filed within 128 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €222,170 in 2024 €176,429 View
  • Caution: Lower solvency than 85% of companies in warehousing and transport supportsector median 37.8% · 862 companies 6.9% View
  • 3 restructurings in 2026latest: merger with M & S INVEST 3 View
  • Positive: 3 years of growth in a rowturnover 2025: €29.6m 3 years View
  • A director leftlatest change 26-01-2026 · 5 in office 1 left View
  • Flemish supportawarded from 2023 to 2025 €151,040 View

Recent changes

  1. · Gazette deed Merger: BD LOG takes over M & S INVEST
  2. · Gazette deed Merger: BD LOG takes over M & S INVEST6 shares
  3. · Gazette deed Merger proposal: BD Log takes over BD BikePermanent representatives: Rafaël Lambrix, Kristof Gouvaerts and Roel Simons · The company holds all the shares of BD Bike · Founder: BD Log
All 21 events

Comparable companies

These companies have the same main activity as BD LOG: logistics services (NACE 52250). They are comparable in size and age: total assets between €6.8m and €32m, founded between 2016 and 2024.

CompanyTotal assetsTurnover
BD LOG Bornem€20.1m€29.6m
ArcelorMittal Belgium Recycling Ghent€19.5m€30.3m
MSC Regional Office Antwerp€6.8m€31.1m
Logent Belgium Evergem€15.4m€25.0m
Cainiao (Belgium) Grâce-Hollogne€12.9m€16.1m
AMAZON TRANSPORT BELGIUM Brussels€32.3m€85.8m
ID Logistics Belgium Willebroek€8.3m€23.8m
Full comparison

Key facts about BD LOG

What is the company number of BD LOG?
The company number of BD LOG is 0786.536.277. The VAT number is the same number with BE in front: BE 0786.536.277.
Where is BD LOG based?
The registered office is at Klein-Mechelen 18, 2880 Bornem.Company details
What does BD LOG do?
According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of BD LOG?
BD LOG is a private limited company (BV).
When was BD LOG founded?
BD LOG was founded on 24-05-2022.
Is BD LOG still active?
Yes, BD LOG is an active enterprise in the KBO register.
How many employees does BD LOG have?
BD LOG had an average of 123.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BD LOG fall under?
In its 2025 annual accounts, BD LOG states joint committee 140.03 (Road transport and logistics for third parties).
What is the turnover of BD LOG?
The turnover of BD LOG was €29.6m in financial year 2025, according to the filed annual accounts.
Is BD LOG profitable?
In financial year 2025, BD LOG made a profit of €176,429.
Where can I find the annual accounts of BD LOG?
BD LOG filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BD LOG due?
BD LOG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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