Financials
- Financial year
- 2025
- Total assets
- €68,379
- Profit
- €4,581
- Solvency
- 64.7%
Total assets▲ 5.3%
Net result
20192025
BOREAS FORWARDING & LOGISTICS
ActiveSummary
BOREAS FORWARDING & LOGISTICS has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,256 and a net result of €4,581. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 69% of 1,161 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Logistics services
NACE 52250
1 site
Size
€68,379total assets 2025
- Equity
- €44,256
- Profit
- €4,581
Turnover not published (micro format)
Structure
Accounts 9 days early0 of 4 deeds read
Why 72raises risk1 change of registered office in 24 monthsSize: total assets €68,379Sector: Warehousing and support activities for transportation (NACE 52)lowers riskLiquidity: current ratio 1.60, cash €27,143Show the evidence
Checked score
Score 2025
72
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 68% of its sector peers (NACE 52, micro)
Financial strength · tick = 2024
Strong
Solvency
90+3
equity 64.7% of total assets
Liquidity
85+18
short-term debt 33.7% · cash 39.7%
Profitability
77-1
return on assets 6.7%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 2.7%▲ +1.7 percentage points vs 11-2024highest value
01-2025: 2.2%▼ -0.5 percentage points vs 12-2024
02-2025: 2.2%● unchanged vs 01-2025
03-2025: 2.2%● unchanged vs 02-2025
04-2025: 2.2%● unchanged vs 03-2025
05-2025: 2.2%● unchanged vs 04-2025
06-2025: 2.2%● unchanged vs 05-2025
07-2025: 2.2%● unchanged vs 06-2025
08-2025: 2.2%● unchanged vs 07-2025
09-2025: 2.2%● unchanged vs 08-2025
10-2025: 2.4%▲ +0.2 percentage points vs 09-2025
11-2025: 0.8%▼ -1.6 percentage points vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.9%▲ +0.1 percentage points vs 12-2025
02-2026: 0.5%▼ -0.4 percentage points vs 01-2026lowest value
03-2026: 0.5%● unchanged vs 02-2026lowest value
04-2026: 0.5%● unchanged vs 03-2026lowest value
05-2026: 0.5%● unchanged vs 04-2026lowest value
06-2026: 0.5%● unchanged vs 05-2026lowest value
07-2026: 0.5%● unchanged vs 06-2026lowest value
08-2026: 0.5%● unchanged vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.6, compared with 1.19 in 2024; short-term debt: 33.7% and cash: 39.7% of total assets), and 35.3% of the assets are financed with debt.
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, micro): better than 71% on solvency, 86% on liquidity, 59% on profitability and 57% on growth.
The bankruptcy probability was computed on 08-10-2026 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
Six signals.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €44,256
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 days early
2024
52 days early
2023
9 days late
2022
42 days early
2021
45 days early
2020
27 days early
2019
21 days 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 27 days before 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 December (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 18
- Since
- 2011
- Next accounts
- by 31-01-2027
- 30-06-2023Weakest financial year
- 20-12-2022Annual accounts filed
- 30-06-2022Highest result from 2019 to 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Logistics servicesNACE 52250
- Founded
- 20-03-2009
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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