Brussels Cargo Forwarding
ActiveThe computed 12-month bankruptcy probability of Brussels Cargo Forwarding is 4.1% (elevated). The 2025 annual accounts show equity of €86k and a net result of €12k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 4527 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+30
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 23.46 against 16.16 in 2024; short-term debt: 4.2% and cash: 54.3% of total assets), and 4.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
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
95.8%
Return on assets
13.6%
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 08-06-2026, 53 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
53 d early
2024
51 d early
2023
34 d early
2022
16 d late
2021
23 d late
2020
61 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€86k▲ 15.2%
2024 · €75k
2020: €4k
2021: €25k
2022: €56k
2023: €73k
2024: €75k
2020 → 2025
Total assets
€90k▲ 13.1%
2024 · €79k
2020: €8k
2021: €42k
2022: €71k
2023: €84k
2024: €79k
2020 → 2025
Net result
€12k▲ 482%
2024 · €2k
2020: €886
2021: €22k
2022: €32k
2023: €18k
2024: €2k
2020 → 2025
Working capital
€85k▲ 17.8%
2024 · €72k
2020: €4k
2021: €25k
2022: €51k
2023: €69k
2024: €72k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€56k▲ 125%€73k▲ 29.7%€75k▲ 1.7%€86k▲ 15.2%
Operating result€30k-€43k▲ 42.0%€28k▼ 35.8%€12k▼ 58.1%€25k▲ 119%
Net result€22k-€32k▲ 45.7%€18k▼ 45.3%€2k▼ 88.1%€12k▲ 482%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 119% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90k
Fixed assets
€1k▼ 58.2%
Current assets
€89k▲ 15.4%
Equity and liabilities €90k
Equity
€86k▲ 15.2%
Debt
€4k▼ 20.5%
The debt ratio falls from 6.0% to 4.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2024 · €13k
Cash flow
€14k▲
2024 · €4k
Solvency
95.8%▲
2024 · 94.0%
Current ratio
23.46▲
2024 · 16.16
Quick ratio
22.99▲
2024 · 15.78
Debt / equity
0.04▼
2024 · 0.06
ROE
14.2%▲
2024 · 2.8%
ROA
13.6%▲
2024 · 2.6%
Interest coverage
3.65▲
2024 · 1.71
Debt
€4k▼
2024 · €5k
Debt ≤ 1 year
€4k▼
2024 · €5k
Income taxes
€6k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€79k€90k▲
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€77k€89k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€5k€34k▲
Trade receivables40-€29k
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€66k€49k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€79k€90k▲
Equity10/15€75k€86k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€72k€83k▲
Amounts payable17/49€5k€4k▼
Amounts payable within one year42/48€5k€4k▼
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€841€1k▲
Taxes450/3€841€1k▲
Other amounts payable47/48€3k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€591€653▲
Gross operating margin9900€14k€27k▲
Operating profit (loss)9901€12k€25k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€4k€18k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€2k€12k▲
Profit (loss) for the period to be appropriated9905€2k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€84k▲
Profit (loss) brought forward from the previous period14P€70k€72k▲
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 16.16
Current ratio from 7.24 to 16.16; short-term debt falls from €11k to €5k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Highest result since 2020net €32k ▲45.7%
Operating result €43k, net result €32k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Robert Schumanplein 2-41040 BrusselGround area
685 m²
Building footprint
663 m²
Volume, LiDAR
17,071 m³
Parcel 21806F0477/00N017, Brussels · tallest building 34.5 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Brussels Cargo Forwarding
since 20202.299.404.004
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0477/00N017 | Brussels | 685 m² | 1 · 663 m² | 34.5 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BT-Transport
BE 0457.424.878
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DUNCO COMPANY
BE 0692.586.532
Gent · Eq €86k
BREUER - PEERBOOM & FILS
BE 0427.948.261
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VUNGA-TRANS
BE 0702.802.315
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ESES TRANS
BE 0561.941.388
Antwerpen · Eq €86k
Of 12,605 companies in sector 49410 we hold annual accounts for 8,195. 6,306 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2020
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.