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BDP International

Active
Public limited companyfounded 1978active for 48 yearsItaliëlei 2, 2000 Antwerpen, BelgiumKBO/BCE: BE 0418.557.572
Summary

The computed 12-month bankruptcy probability of BDP International is 1.5% (moderate). The 2025 annual accounts show equity of €12.4m and a net result of -€1.6m. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 27% of 852 sector peers (NACE 52, financial year 2025). The company has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Logistics services
NACE 52250
2 sites
Size
€211.8mturnover 2025
Staff
162.6 FTE
Equity
€12.4m
Loss
-€1.6m
Financial health
61 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Parent
PSA International Pte Ltd
Accounts filed 32 days late2 of 18 deeds read
Why 61raises riskLiquidity: current ratio 1.23, cash €461,636, halvedSector: Warehousing and support activities for transportation (NACE 52)Equity €12.4m (18.9% of total assets)Latest accounts 32 days late; 1 of the last 3 lateShow the evidence

Checked score

Score 2025
61 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 20% of its sector peers (NACE 52, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 44-7
equity 18.9% of total assets
Liquidity 6-8
short-term debt 81.1% · cash 0.7%
Profitability 34+13
return on assets -2.5%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (176 companies, NACE 52, medium-sized)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 0.4%▼ -0.4 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.5 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026 10-2026: 1.5%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.23, compared with 1.34 in 2024, below the usual 1.5; short-term debt: 81.1% and cash: 0.7% of total assets), and 81.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 36% on solvency, 9% on liquidity, 18% on profitability and 16% on growth.

The bankruptcy probability was computed on 17-10-2026 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.

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

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Signals

Five signals.
raises riskneutral
raises risk · Liquidity: current ratio 1.23, cash €461,636, halved
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
raises risk · Equity €12.4m (18.9% of total assets)
NBB · annual accounts
raises risk · Latest accounts 32 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
32 days late
2024
28 days late
2023
30 days late
2022
24 days late
2021
12 days early
2020
24 days late
2019
18 days late
← 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 21 days after the deadline; the sector median (NACE 52) for financial year 2024 is 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 28 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Dirk HOLMSTOCK (director)Appointments: Şefik Uğur ÇETINKAYA (director)…
  3. Weakest financial yearnet -€1.6m

Key points

  • Caution: From profit to loss in 2025after €945,711 in 2024 -€1.6m View
  • Caution: Among the weakest 5% on net resultsector median €109,630 · 845 companies -€1.6m View
  • Board changedlatest change 01-06-2026 · 2 in office 2 joined · 1 left View
  • Controlled by PSA International Pte Ltd parent View
  • Active since 1978founded 25-07-1978 48 years View

By topic

Financials

Financial year
2025
Turnover
€211.8m
Loss
-€1.6m
Solvency
18.9%
Turnover▼ 7.1%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
PSA International Pte Ltd
  • Claus FREYDAYDirector
  • Şefik Uğur ÇETINKAYADirector
Go to Board & ownership

Timeline

Events
53
Since
1980
Next accounts
by 31-07-2027
  1. 28-08-2025Annual accounts filed
  2. 30-08-2024Annual accounts filed
  3. 01-07-2024Resignations: GONZALEZ Hector Javier, HOLMSTOCK Dirk and…
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Logistics servicesNACE 52250
Founded
25-07-1978
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
25
Who signs
Two directors jointly
Annual meeting
First Friday of June at 10:00
Purpose
“Alle rechtstreekse en onrechtstreekse verrichtingen in verband met het vervoer van…” (deed in Dutch)
Go to Articles of association

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