BE-LOGISTICS
ActiveSummary
BE-LOGISTICS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €643,580 and a net result of €221,972. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 79% of 3321 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+28
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 4.34 against 4.85 in 2024; short-term debt: 22.6% and cash: 78.5% of total assets), and 22.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer 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
77.4%
Return on assets
26.7%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
20 d late
2023
on the day
2022
12 d early
2021
51 d late
2020
45 d early
2019
42 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 5 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€867,799▲ 151%
2021 · €346,331
EBIT margin
12.5%▲ 7.6pp
2021 · 4.9%
Net result
€221,972▲ 1,551%
2024 · €13,447
Working capital
€626,226▲ 45.3%
2024 · €431,085
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting 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€346,331▼ 29.4%€867,799▲ 151%
Operating result€17,042▼ 86.4%€108,322▲ 536%€30,627▼ 71.7%€11,920▼ 61.1%€289,932▲ 2,332%
Net result€11,228below the sector's middle half▼ 87.9%€78,936within the sector's middle half▲ 603%€30,363below the sector's middle half▼ 61.5%€13,447below the sector's middle half▼ 55.7%€221,972within the sector's middle half▲ 1,551%
EBIT margin4.9%▼ 20.5pp12.5%▲ 7.6pp
Equity€298,861within the sector's middle half▲ 3.9%€377,797within the sector's middle half▲ 26.4%€408,160within the sector's middle half▲ 8.0%€421,607within the sector's middle half▲ 3.3%€643,580within the sector's middle half▲ 52.6%
Total assets€379,196within the sector's middle half▼ 1.1%€484,995within the sector's middle half▲ 27.9%€525,703below the sector's middle half▲ 8.4%€561,900below the sector's middle half▲ 6.9%€831,024within the sector's middle half▲ 47.9%
Debt€80,335▼ 16.0%€107,198▲ 33.4%€117,543▲ 9.7%€140,293▲ 19.4%€187,445▲ 33.6%
Working capital€298,861▲ 5.9%€349,417▲ 16.9%€382,653▲ 9.5%€431,085▲ 12.7%€626,226▲ 45.3%
Solvency78.8%above the sector's middle half▲ 3.8pp77.9%above the sector's middle half▼ 0.9pp77.6%above the sector's middle half▼ 0.3pp75.0%above the sector's middle half▼ 2.6pp77.4%above the sector's middle half▲ 2.4pp
Staff (FTE)3within the sector's middle half=3within the sector's middle half=3within the sector's middle half=3.1within the sector's middle half▲ 3.3%3.9within the sector's middle half▲ 25.8%
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting 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 2,332% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €831,024
Fixed assets
€17,354 ▼ 8.3%
Current assets
€813,670 ▲ 49.9%
Equity and liabilities €831,024
Equity
€643,580 ▲ 52.6%
Debt
€187,445 ▲ 33.6%
Debt's share of the balance-sheet total falls from 25.0% to 22.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€296,504▲
2024 · €18,501
Cash flow
€228,544▲
2024 · €20,029
Current ratio
4.34▼
2024 · 4.85
Debt to equity
0.29▼
2024 · 0.33
ROE
34.5%▲
2024 · 3.2%
ROA
26.7%▲
2024 · 2.4%
Interest coverage
252.06▲
2024 · 10.63
Debt ≤ 1 year
€187,445▲
2024 · €111,890
Income taxes
€76,416▲
2024 · €10,107
Staff costs
€285,233▲
2024 · €225,500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 31,324 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 | €353,388 | €872,694 | - | - | - | - |
| Turnover70 | €346,331 | €867,799 | - | - | - | - |
| Other operating income74 | €7,057 | €4,895 | - | - | - | - |
| Non-recurring operating income76A | - | - | €6,198 | - | - | - |
| Operating charges60/66A | €336,346 | €764,372 | - | - | - | - |
| Goods for resale, raw materials and consumables60 | €53,289 | €101,539 | - | - | - | - |
| Purchases600/8 | €53,289 | €101,539 | - | - | - | - |
| Services and other goods61 | €101,566 | €463,625 | - | - | - | - |
| Remuneration, social security and pensions62 | €180,258 | €197,181 | €218,627 | €225,500 | €285,233 | ▲ 26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €545 | €979 | €5,873 | €6,581 | €6,571 | ▼ 0.2% |
| Other operating charges640/8 | €688 | €1,048 | €1,212 | €371,851 | €293,604 | ▼ 21.0% |
| Gross operating margin9900 | - | - | €256,340 | €615,853 | €875,340 | ▲ 42.1% |
| Operating profit (loss)9901 | €17,042 | €108,322 | €30,627 | €11,920 | €289,932 | ▲ 2,332% |
| Financial income75/76B | - | - | €12,226 | €13,374 | €9,632 | ▼ 28.0% |
| Recurring financial income75 | - | - | €12,226 | €13,374 | €9,632 | ▼ 28.0% |
| Financial charges65/66B | €643 | €962 | €1,422 | €1,740 | €1,176 | ▼ 32.4% |
| Recurring financial charges65 | €643 | €962 | €1,422 | €1,740 | €1,176 | ▼ 32.4% |
| Other financial charges652/9 | €643 | €962 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €16,399 | €107,360 | €41,431 | €23,554 | €298,388 | ▲ 1,167% |
| Income taxes67/77 | €5,171 | €28,424 | €11,068 | €10,107 | €76,416 | ▲ 656% |
| Taxes670/3 | €5,171 | €28,424 | - | - | - | - |
| Profit (loss) for the period9904 | €11,228 | €78,936 | €30,363 | €13,447 | €221,972 | ▲ 1,551% |
| Transfer to tax-exempt reserves689 | - | - | €25,260 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €11,228 | €78,936 | €5,103 | €13,447 | €221,972 | ▲ 1,551% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €379,196 | €484,995 | €525,703 | €561,900 | €831,024 | ▲ 47.9% |
| Fixed assets21/28 | - | €28,380 | €25,507 | €18,925 | €17,354 | ▼ 8.3% |
| Intangible fixed assets21 | - | - | €2,998 | €2,388 | €1,788 | ▼ 25.1% |
| Tangible fixed assets22/27 | - | €28,380 | €22,509 | €16,537 | €10,566 | ▼ 36.1% |
| Furniture and vehicles24 | - | €28,380 | €22,509 | €16,537 | €10,566 | ▼ 36.1% |
| Financial fixed assets28 | - | - | - | - | €5,000 | - |
| Current assets29/58 | €379,196 | €456,615 | €500,196 | €542,975 | €813,670 | ▲ 49.9% |
| Amounts receivable within one year40/41 | €86,737 | €97,570 | €497,567 | €172,721 | €159,818 | ▼ 7.5% |
| Trade receivables40 | €81,737 | €92,570 | €132,096 | €141,995 | €139,970 | ▼ 1.4% |
| Other amounts receivable41 | €5,000 | €5,000 | €365,471 | €30,727 | €19,848 | ▼ 35.4% |
| Current investments50/53 | - | - | - | €369,829 | - | - |
| Cash at bank and in hand54/58 | €291,883 | €359,045 | €439 | - | €652,383 | - |
| Deferred charges and accrued income490/1 | €576 | - | €2,191 | €424 | €1,469 | ▲ 247% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €379,196 | €484,995 | €525,703 | €561,900 | €831,024 | ▲ 47.9% |
| Equity10/15 | €298,861 | €377,797 | €408,160 | €421,607 | €643,580 | ▲ 52.6% |
| Contributions10/11 | €92,960 | €92,960 | €92,960 | €92,960 | €92,960 | = |
| Reserves13 | €205,901 | €284,837 | €315,200 | €328,647 | €328,647 | = |
| Non-distributable reserves130/1 | €9,296 | €9,296 | €0 | - | - | - |
| Reserves not available under the articles1311 | €9,296 | €9,296 | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | €25,260 | €25,260 | €25,260 | = |
| Distributable reserves133 | €196,605 | €275,541 | €289,940 | €303,387 | €303,387 | = |
| Profit (loss) carried forward14 | - | - | - | €0 | €221,972 | - |
| Amounts payable17/49 | €80,335 | €107,198 | €117,543 | €140,293 | €187,445 | ▲ 33.6% |
| Amounts payable within one year42/48 | €80,335 | €107,198 | €117,543 | €111,890 | €187,445 | ▲ 67.5% |
| Trade debts44 | €33,979 | €54,668 | €66,341 | €64,464 | €74,760 | ▲ 16.0% |
| Suppliers440/4 | €33,979 | €54,668 | €66,341 | €64,464 | €74,760 | ▲ 16.0% |
| Taxes, remuneration and social security45 | €46,356 | €52,530 | €51,202 | €47,425 | €111,761 | ▲ 136% |
| Taxes450/3 | €17,323 | €22,319 | €15,282 | €10,776 | €68,269 | ▲ 534% |
| Remuneration and social security454/9 | €29,033 | €30,211 | €35,920 | €36,649 | €43,491 | ▲ 18.7% |
| Other amounts payable47/48 | - | - | - | - | €924 | - |
| Accrued charges and deferred income492/3 | - | - | - | €28,403 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,228 | €78,936 | €30,363 | €13,447 | €221,972 | ▲ 1,551% |
| + Depreciation and write-downs630 | €545 | €979 | €5,873 | €6,581 | €6,571 | ▼ 0.2% |
| Operating cash flow (approximation) | €11,773 | €79,915 | €36,236 | €20,029 | €228,544 | ▲ 1,041% |
| Investment in fixed assets (approximation) | - | - | -€3,000 | €0 | -€5,000 | - |
| Change in cash | - | €67,162 | -€358,606 | - | - | - |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €221,972 ▲1,551%
Operating result €289,932, net result €221,972, both a record.
31-12
Financial
Equity above €500,000Eq €643,580 ▲52.6%
8 profitable years in a row build equity to €643,580.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 20 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 51 days late
2021
31-12
Financial
Weakest financial yearnet €11,228 ▼87.9%
Net result drops to €11,228, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200,000Eq €287,633 ▲47.5%
3 profitable years in a row build equity to €287,633.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
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 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
11 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, Geel · 1 establishment unit since 1995
Ground area
1.5 ha
Building footprint
9,337 m²
Volume, LiDAR
1 m³
Parcel 13375M0234/00B002, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BE-LOGISTICS
since 19952.113.420.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13375M0234/00B002 | Flanders | 1.5 ha | 1 · 9,337 m² | 0.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeel2.113.420.756
Similar companies · same sector, comparable size
PORTFOLIA
BE 0843.103.511
Brussel · Eq €643,110
GescoTax
BE 0823.501.789
Huy · Eq €644,646
BOEKHOUDKANTOOR MONIQUE PEETERS
BE 0467.722.221
Brecht · Eq €644,908
Fiduciaire Digitale
BE 0447.222.557
Watermaal-Bosvoorde · Eq €642,012
JODECO ACCOUNTANCY
BE 0461.872.824
Tessenderlo-Ham · Eq €645,401
Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 5,168 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
Founded08-02-1988
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0433315628
Registered
17-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.