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BEN LOGISTICS

Active
Private limited companyfounded 20242 yrs activeDamstraat 86, 1800 Vilvoorde, BelgiumKBO/BCE: BE 1012.100.671
Summary

The computed 12-month bankruptcy probability of BEN LOGISTICS is 2.7% (moderate). The annual accounts of BEN LOGISTICS for fiscal year 2025 show a net loss of 77% of the equity at the start of that year. The 2025 annual accounts show equity of €1,268 and a net result of -€4,337. Its solvency ranks better than 25% of 18537 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency30▼-42
Growth32
Track record82
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.87 against 1.42 in 2024; short-term debt: 95% and cash: 4% of total assets), and 95% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
5%
Return on assets
-17%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filings
Deviation from the deadline
2025
31 d late
2024
124 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 78 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BEN LOGISTICS was incorporated on 31 July 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Turnover
€42,310
EBIT margin
-10.2%
Net result
-€4,337
2024 · €4,605
Working capital
-€3,168
2024 · €2,649
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20242025
Turnover€42,310
Operating result€5,786--€4,296
Net result€4,605within the sector's middle half--€4,337below the sector's middle half
EBIT margin-10.2%
Equity€5,605within the sector's middle half-€1,268below the sector's middle half▼ 77.4%
Total assets€11,883below the sector's middle half-€25,464below the sector's middle half▲ 114%
Debt€6,278-€24,195▲ 285%
Working capital€2,649--€3,168
Solvency47.2%within the sector's middle half-5.0%within the sector's middle half▼ 42.2pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, 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
-€5,000€0€5,000Operating result 2024: €5,786€5,786Net result 2024: €4,605€4,605Operating result 2025: -€4,296-€4,296Net result 2025: -€4,337-€4,33720242025-€5,000€0€5,000Operating result 2024: €5,786€5,790Net result 2024: €4,605€4,600Operating result 2025: -€4,296-€4,300Net result 2025: -€4,337-€4,34020242025
The operating result turns negative in 2025: a loss of €4,296 after €5,786 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25,464
Fixed assets €4,436 ▲ 50.1%
Current assets €21,027 ▲ 136%
Equity and liabilities €25,464
Equity €1,268 ▼ 77.4%
Debt €24,195 ▲ 285%
Debt's share of the balance-sheet total rises from 52.8% to 95.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,296▼
2024 · €6,960
Cash flow
-€3,337▼
2024 · €5,779
Current ratio
0.87▼
2024 · 1.42
Debt to equity
19.08▲
2024 · 1.12
ROE
-341.9%▼
2024 · 82.2%
ROA
-17.0%▼
2024 · 38.8%
Interest coverage
-81.59▼
2024 · 278.38
Debt ≤ 1 year
€24,195▲
2024 · €6,278
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 759 companies that looked in July 2024 the way this one looks now, 7.5% went bankrupt within 24 months and 86% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
7.5% went bankrupt
4.5% stopped otherwise
86% still going

A further 1.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.7% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 759 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€11,883€25,464▲
Fixed assets21/28€2,956€4,436▲
Tangible fixed assets22/27€2,956€4,436▲
Land and buildings22€2,956-
Furniture and vehicles24-€4,436
Current assets29/58€8,926€21,027▲
Amounts receivable within one year40/41€8,614€19,996▲
Trade receivables40€3,237€11,132▲
Other amounts receivable41€5,377€8,865▲
Cash at bank and in hand54/58€312€1,031▲
Equity and liabilities
Total equity and liabilities10/49€11,883€25,464▲
Equity10/15€5,605€1,268▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€4,605€268▼
Amounts payable17/49€6,278€24,195▲
Amounts payable within one year42/48€6,278€24,195▲
Trade debts44€2,373€3,430▲
Suppliers440/4€2,373€3,430▲
Advances received on contracts in progress46-€11,386
Taxes, remuneration and social security45€2,905€2,651▼
Taxes450/3€2,905€2,651▼
Other amounts payable47/48€1,000€6,728▲
Income statement Code20242025
Turnover70-€42,310
Goods, raw materials, services and sundry goods60/61-€43,150
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,174€1,000▼
Other operating charges640/8-€2,456
Gross operating margin9900€6,960-€840▼
Operating profit (loss)9901€5,786-€4,296▼
Financial charges65/66B€25€40▲
Recurring financial charges65€25€40▲
Profit (loss) for the period before taxes9903€5,761-€4,337▼
Income taxes67/77€1,156-
Profit (loss) for the period9904€4,605-€4,337▼
Profit (loss) for the period to be appropriated9905€4,605-€4,337▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,605€268▼
Profit (loss) brought forward from the previous period14P-€4,605

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Turnover70-€42,310-
Goods, raw materials, services and sundry goods60/61-€43,150-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,174€1,000▼ 14.8%
Other operating charges640/8-€2,456-
Gross operating margin9900€6,960-€840▼ 112%
Operating profit (loss)9901€5,786-€4,296▼ 174%
Financial charges65/66B€25€40▲ 61.6%
Recurring financial charges65€25€40▲ 61.6%
Profit (loss) for the period before taxes9903€5,761-€4,337▼ 175%
Income taxes67/77€1,156--
Profit (loss) for the period9904€4,605-€4,337▼ 194%
Profit (loss) for the period to be appropriated9905€4,605-€4,337▼ 194%
Line20242025Change
Assets
Total assets20/58€11,883€25,464▲ 114%
Fixed assets21/28€2,956€4,436▲ 50.1%
Tangible fixed assets22/27€2,956€4,436▲ 50.1%
Land and buildings22€2,956--
Furniture and vehicles24-€4,436-
Current assets29/58€8,926€21,027▲ 136%
Amounts receivable within one year40/41€8,614€19,996▲ 132%
Trade receivables40€3,237€11,132▲ 244%
Other amounts receivable41€5,377€8,865▲ 64.9%
Cash at bank and in hand54/58€312€1,031▲ 230%
Equity and liabilities
Total equity and liabilities10/49€11,883€25,464▲ 114%
Equity10/15€5,605€1,268▼ 77.4%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€4,605€268▼ 94.2%
Amounts payable17/49€6,278€24,195▲ 285%
Amounts payable within one year42/48€6,278€24,195▲ 285%
Trade debts44€2,373€3,430▲ 44.5%
Suppliers440/4€2,373€3,430▲ 44.5%
Advances received on contracts in progress46-€11,386-
Taxes, remuneration and social security45€2,905€2,651▼ 8.7%
Taxes450/3€2,905€2,651▼ 8.7%
Other amounts payable47/48€1,000€6,728▲ 573%
Line20242025Change
Profit (loss) for the period9904€4,605-€4,337▼ 194%
+ Depreciation and write-downs630€1,174€1,000▼ 14.8%
Operating cash flow (approximation)€5,779-€3,337▼ 158%
Investment in fixed assets (approximation)--€2,480-
Change in cash-€719-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
02-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 124 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Vilvoorde · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
293 m²
Building footprint
127 m²
Volume, LiDAR
196 m³
Parcel 23643F0178/00F005, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BEN FOOD
Damstraat 86, 1800 VilvoordeLogistics services
since 20252.380.108.497
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23643F0178/00F005 Flanders 293 m² 1 · 127 m² 8.1 m · 1 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Vilvoorde2.380.108.497
1 permission
Toelating · Detailhandel met verwerking · since 10-12-2025

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,850. 982 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
Founded31-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47811Retail sale of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
49420Removal services
52250Logistics services
56112Limited-service restaurants, excluding mobile food services
77110Renting and leasing of cars and light motor vehicles
Contact
E-mail benimehdi@live.beVilvoorde
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012100671
Registered 06-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.