Equity
€469,275 ▲ 10.9%
BENELUX REDERIJ has made a profit without a break since 2020.
BENELUX REDERIJ
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977Gross marginpeak €221,041 (2006)
€145,766▲ 35.2%
Resultlowest -€46,794 (2007)
€56,224▲ 530%
Equitypeak €469,275 (2025)
€469,275▲ 10.9%
Debts
€360,142▼ 2.1%
Staffpeak 2.2 FTE (2007)
-not published
Board2 names since 2022
1 directorValerie SCHELSTRAETE
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Gross margin from €107,809 to €145,766Result from €8,928 to €56,224
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 70% of micro companies in water transport (NACE 50)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 261 companies (NACE 50, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025highest value
10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 60 days late; 2 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.51, cash €303,176
Size: total assets €839,636
Sector: Water transport (NACE 50)
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 50, micro). It does better than 61% of them on solvency, 81% on liquidity, 69% on profitability and 67% on growth.
The bankruptcy probability was computed on 05-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as BENELUX REDERIJ has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BENELUX REDERIJ itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for BENELUX REDERIJ. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.51 (1.44 in 2024), above the usual 1.5. Short-term debt is 26.1% and cash 36.1% of total assets. 44.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 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 filingsDeviation from the deadline
2025
60 days late
2024
31 days late
2023
28 days late
2022
60 days late
2021
on the day
2020
61 days late
2019
46 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 41 days after the deadline. In the sector (NACE 50), the median for financial year 2024 was 3 days before the deadline, and 41% 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 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0415142578
New sole director
Valerie SCHELSTRAETE appointed, Ginette CHAERLE resigned · General meeting of 20-11-2023 · Gazette deed
First establishment
Recollettenlei 32, Ghent
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| BENELUX REDERIJ Ghent | €0.8m | €145,766 | 55.9% | - |
| ID-PRESTATIONS Rumst | €0.8m | €300,020 | 60.8% | 0 |
| Rederij De Gentenaer Ghent | €0.7m | €643,813 | 56.5% | - |
| V-zit Antwerp | €0.6m | €120,743 | 63.9% | 0 |
| GENT-WATERTOERIST Ghent | €0.8m | €714,899 | 52.3% | 12.6 |
| VEERDIENST AAN DE LEIE Ghent | €0.2m | €61,971 | 88.9% | - |
| BOOTTOCHTEN JAN PLEZIER Antwerp | €2.3m | €267,456 | 91.7% | - |
These companies have the same main activity as BENELUX REDERIJ: water transport (NACE 50300). They are comparable in size and age: total assets between €216,000 and €2.3m, founded between 1994 and 2005.
Official details
Source: KBO- Status
- Active since 06-06-1975Normal situation
- Activity
- Water transportNACE 50300and 1 other
- Establishment unit
- 2.031.880.0819000 Ghent, since 12-05-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- Turnover
- ≈ €370,000estimated
- Total assets
- €839,636▲ 4.4%
- Employeeson 31-12-2025
- 1▼ 75.0%
- Filing
- Filed on 29-09-2026
Insights on BENELUX REDERIJ
BENELUX REDERIJ files the abbreviated format. That format states no turnover. The gross margin fell from €221,041 in 2006 to €145,766 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BENELUX REDERIJ
- What is the company number of BENELUX REDERIJ?
- The company number of BENELUX REDERIJ is 0415.142.578. The VAT number is the same number with BE in front: BE 0415.142.578.
- Where is BENELUX REDERIJ based?
- The registered office is at Recollettenlei 32, 9000 Ghent.Company details
- What does BENELUX REDERIJ do?
- According to the KBO register, the main activity is water transport (NACE 50300).
- What is the legal form of BENELUX REDERIJ?
- BENELUX REDERIJ is a public limited company (NV).
- When was BENELUX REDERIJ founded?
- BENELUX REDERIJ was founded on 06-06-1975.
- Is BENELUX REDERIJ still active?
- Yes, BENELUX REDERIJ is an active enterprise in the KBO register.
- How many employees does BENELUX REDERIJ have?
- BENELUX REDERIJ had an average of 7.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BENELUX REDERIJ?
- The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €145,766 and 1,647 comparable companies of the same size. It probably lies between €230,000 and €700,000. It is a rough estimate.
- Is BENELUX REDERIJ profitable?
- In financial year 2025, BENELUX REDERIJ made a profit of €56,224.
- Where can I find the annual accounts of BENELUX REDERIJ?
- BENELUX REDERIJ filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BENELUX REDERIJ due?
- BENELUX REDERIJ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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