BNO
ActiveThe file of BNO contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 2.3% (moderate). The 2024 annual accounts show equity of €66,859 and a net result of €21,961. Equity is growing by ~42.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 1308 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability85▲+2
Solvency83▲+20
Growth85=
Track record71
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.96 against 1.59 in 2023; short-term debt: 42% and cash: 0.6% of total assets), and 42% 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
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% 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 2024Solvency, return and age of the figures
Solvency
58%
Return on assets
19.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
60 d late
2022
160 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 92 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address strikeout stopped
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 2024, micro schema
Turnover
€284,654▲ 14.3%
2023 · €249,086
EBIT margin
10.5%▲ 0.1pp
2023 · 10.4%
Net result
€21,961▲ 4.0%
2023 · €21,116
Working capital
€46,258▲ 6.3%
2023 · €43,497
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, 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
Line202220232024
Turnover€166,826-€249,086▲ 49.3%€284,654▲ 14.3%
Operating result€11,507-€25,986▲ 126%€29,864▲ 14.9%
Net result€8,782within the sector's middle half-€21,116within the sector's middle half▲ 140%€21,961within the sector's middle half▲ 4.0%
EBIT margin6.9%-10.4%▲ 3.5pp10.5%▲ 0.1pp
Equity€28,782within the sector's middle half-€44,898within the sector's middle half▲ 56.0%€66,859within the sector's middle half▲ 48.9%
Total assets€42,310below the sector's middle half-€118,547within the sector's middle half▲ 180%€115,209within the sector's middle half▼ 2.8%
Debt€13,529-€73,649▲ 444%€48,351▼ 34.4%
Working capital€24,902within the sector's middle half-€43,497within the sector's middle half▲ 74.7%€46,258within the sector's middle half▲ 6.3%
Solvency68.0%within the sector's middle half-37.9%within the sector's middle half▼ 30.2pp58.0%within the sector's middle half▲ 20.2pp
Current ratio2.84within the sector's middle half-1.59within the sector's middle half▼ 1.251.96within the sector's middle half▲ 0.37
Return on assets (ROA)20.8%above the sector's middle half-17.8%above the sector's middle half▼ 2.9pp19.1%above the sector's middle half▲ 1.2pp
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, 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
The operating result has risen two years in a row; 2024 is 15% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €115,209
Fixed assets
€20,600 ▲ 1,371%
Current assets
€94,609 ▼ 19.2%
Equity and liabilities €115,209
Equity
€66,859 ▲ 48.9%
Debt
€48,351 ▼ 34.4%
Debt's share of the balance-sheet total falls from 62.1% to 42.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35,664▲
2023 · €28,466
Cash flow
€27,761▲
2023 · €23,595
Debt to equity
0.72▼
2023 · 1.64
ROE
32.8%▼
2023 · 47.0%
Interest coverage
43.65▲
2023 · 35.39
Debt ≤ 1 year
€48,351▼
2023 · €73,649
Income taxes
€7,086▲
2023 · €4,076
Staff costs
€99,494▲
2023 · €58,899
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 26,970 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 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €166,826 | €249,086 | €284,654 | ▲ 14.3% |
| Goods, raw materials, services and sundry goods60/61 | €72,501 | €161,347 | €146,959 | ▼ 8.9% |
| Remuneration, social security and pensions62 | €77,756 | €58,899 | €99,494 | ▲ 68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,558 | €2,479 | €5,800 | ▲ 134% |
| Other operating charges640/8 | €1,504 | €374 | €2,537 | ▲ 579% |
| Gross operating margin9900 | €94,325 | €87,739 | €137,695 | ▲ 56.9% |
| Operating profit (loss)9901 | €11,507 | €25,986 | €29,864 | ▲ 14.9% |
| Financial income75/76B | - | €10 | - | - |
| Recurring financial income75 | - | €10 | - | - |
| Financial charges65/66B | €132 | €804 | €817 | ▲ 1.6% |
| Recurring financial charges65 | €132 | €804 | €817 | ▲ 1.6% |
| Profit (loss) for the period before taxes9903 | €11,375 | €25,192 | €29,047 | ▲ 15.3% |
| Income taxes67/77 | €2,593 | €4,076 | €7,086 | ▲ 73.8% |
| Profit (loss) for the period9904 | €8,782 | €21,116 | €21,961 | ▲ 4.0% |
| Profit (loss) for the period to be appropriated9905 | €8,782 | €21,116 | €21,961 | ▲ 4.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €42,310 | €118,547 | €115,209 | ▼ 2.8% |
| Fixed assets21/28 | €3,880 | €1,400 | €20,600 | ▲ 1,371% |
| Tangible fixed assets22/27 | €3,880 | €1,400 | €20,600 | ▲ 1,371% |
| Furniture and vehicles24 | €3,880 | €1,400 | €20,600 | ▲ 1,371% |
| Current assets29/58 | €38,431 | €117,147 | €94,609 | ▼ 19.2% |
| Amounts receivable within one year40/41 | €38,009 | €87,157 | €93,945 | ▲ 7.8% |
| Trade receivables40 | €38,009 | €87,157 | €93,945 | ▲ 7.8% |
| Cash at bank and in hand54/58 | €422 | €29,990 | €663 | ▼ 97.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €42,310 | €118,547 | €115,209 | ▼ 2.8% |
| Equity10/15 | €28,782 | €44,898 | €66,859 | ▲ 48.9% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €8,782 | €24,898 | €46,859 | ▲ 88.2% |
| Amounts payable17/49 | €13,529 | €73,649 | €48,351 | ▼ 34.4% |
| Amounts payable within one year42/48 | €13,529 | €73,649 | €48,351 | ▼ 34.4% |
| Trade debts44 | €6,354 | €25,455 | €3,544 | ▼ 86.1% |
| Suppliers440/4 | €6,354 | €25,455 | €3,544 | ▼ 86.1% |
| Taxes, remuneration and social security45 | €6,041 | €31,931 | €43,355 | ▲ 35.8% |
| Taxes450/3 | €6,041 | €31,931 | €43,355 | ▲ 35.8% |
| Other amounts payable47/48 | €1,134 | €16,264 | €1,452 | ▼ 91.1% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,782 | €21,116 | €21,961 | ▲ 4.0% |
| + Depreciation and write-downs630 | €3,558 | €2,479 | €5,800 | ▲ 134% |
| Operating cash flow (approximation) | €12,340 | €23,595 | €27,761 | ▲ 17.7% |
| Investment in fixed assets (approximation) | - | €0 | -€25,000 | - |
| Change in cash | - | €29,568 | -€29,327 | ▼ 199% |
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
2026
19-03
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 01/03/2026
- Registered-office move, Uitbreidingstraat 84 te 2600 Antwerpen
2025
23-10
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · event 17-10-2025
24-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 16-09-2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Highest result since 2022net €21,961 ▲4%
Operating result €29,864, net result €21,961, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
26-07
KBO administration
Address strikeout stopped
event 04-01-2023
07-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 160 days late
2023
05-12
Bankruptcy
Judicial dissolution and immediate closure
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 28-11-2023
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not 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
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
Ground area
9,767 m²
Building footprint
1,066 m²
Volume, LiDAR
20,276 m³
2 parcels, Flanders · tallest building 25.2 m, ±6 floors. Linked by address, not a title deed.
153
companies at this address
See who is registered here
1 establishment unit
BNO
since 20212.314.536.695
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0445/00N008 | Flanders | 9,631 m² | 1 · 998 m² | 25.2 m · 6 fl. |
| 11463D0540/00R002 | Flanders | 136 m² | 1 · 68 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Dirk DE MAESENEER PEGASUSLAAN 5, 1831 DIEGEM- |
16-09-2025 → 17-10-2025 |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
TSAAR
BE 0742.835.205
Antwerpen · Eq €66,727
BAROLINE
BE 0758.355.896
Dilbeek · Eq €67,017
Benedict Aviation
BE 0628.930.479
Tienen · Eq €67,019
Maison Jacques Dolisy
BE 0401.531.104
La Louvière · Eq €67,150
JLH FACILITY SERVICES
BE 0778.355.912
Oupeye · Eq €67,197
Of 3,187 companies in sector 52250 we hold annual accounts for 1,963. 1,240 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
Founded25-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0764358812
Also
9925:BE0764358812
Registered
02-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.