BT LOGISTICS
ActiveThe computed 12-month bankruptcy probability of BT LOGISTICS is 1.9% (moderate). The 2025 annual accounts show equity of €807k and a net result of €339k. Equity is growing by ~37.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 648 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
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+6
Solvency51▲+20
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 0.82 in 2024; short-term debt: 51.2% and cash: 11.4% of total assets), and 73.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
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
26.2%
Return on assets
11%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
41 d late
2023
20 d late
2022
21 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€9.65M
EBIT margin
6.0%
Net result
€339k▲ 155%
2024 · €133k
2022: €321k
2023: €4k
2024: €133k
2022 → 2025
Working capital
€240k
2024 · €-915k
2022: €286k
2023: €-706k
2024: €-915k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€9.65M
Equity€331k-€335k▲ 1.1%€468k▲ 39.8%€807k▲ 72.6%
Operating result€435k-€73k▼ 83.2%€365k▲ 400%€578k▲ 58.5%
Net result€321k-€4k▼ 98.9%€133k▲ 3,612%€339k▲ 155%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 59% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.08M
Fixed assets
€1.26M▼ 63.9%
Current assets
€1.82M▼ 57.8%
Equity and liabilities €3.08M
Equity
€807k▲ 72.6%
Provisions
€111k▼ 36.9%
Debt
€2.16M▼ 69.8%
The debt ratio falls from 91.7% to 70.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€930k▼
2024 · €1.00M
Cash flow
€691k▼
2024 · €773k
Solvency
26.2%▲
2024 · 6.0%
Current ratio
1.15▲
2024 · 0.82
Quick ratio
1.15▲
2024 · 0.82
Debt / equity
2.68▼
2024 · 15.28
ROE
42.0%▲
2024 · 28.5%
ROA
11.0%▲
2024 · 1.7%
Interest coverage
8.87▲
2024 · 5.78
Debt
€2.16M▼
2024 · €7.14M
Debt ≤ 1 year
€1.58M▼
2024 · €5.21M
Debt > 1 year
€577k▼
2024 · €1.93M
Income taxes
€130k▲
2024 · €59k
Staff costs
€1.46M▼
2024 · €1.96M
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€7.79M€3.08M▼
Fixed assets21/28€3.49M€1.26M▼
Intangible fixed assets21€678€490▼
Tangible fixed assets22/27€3.28M€1.03M▼
Plant, machinery and equipment23€29k€10k▼
Furniture and vehicles24€191k€5k▼
Leasing and similar rights25€3.06M€1.01M▼
Other tangible fixed assets26€5k€5k▼
Financial fixed assets28€206k€226k▲
Other financial fixed assets284/8-€226k
Amounts receivable and cash guarantees285/8-€226k
Current assets29/58€4.30M€1.82M▼
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€4.24M€1.45M▼
Trade receivables40€3.87M€1.36M▼
Other amounts receivable41€367k€96k▼
Current investments50/53-€13k
Other investments51/53-€13k
Cash at bank and in hand54/58€52k€350k▲
Deferred charges and accrued income490/1€7k€0▼
Equity and liabilities
Total equity and liabilities10/49€7.79M€3.08M▼
Equity10/15€468k€807k▲
Contributions10/11€10k€10k=
Reserves13€91k€91k=
Distributable reserves133€91k€91k=
Profit (loss) carried forward14€367k€706k▲
Provisions and deferred taxes16€176k€111k▼
Provisions for liabilities and charges160/5€176k€111k▼
Other liabilities and charges164/5€176k€111k▼
Amounts payable17/49€7.14M€2.16M▼
Amounts payable after more than one year17€1.93M€577k▼
Financial debts170/4€1.93M€577k▼
Leasing and similar obligations172-€577k
Amounts payable within one year42/48€5.21M€1.58M▼
Current portion of amounts payable after more than one year42€839k€403k▼
Financial debts43-€51k
Credit institutions430/8-€51k
Trade debts44€3.69M€985k▼
Suppliers440/4€3.69M€985k▼
Advances received on contracts in progress46€375k€0▼
Taxes, remuneration and social security45€307k€125k▼
Taxes450/3€50k€93k▲
Remuneration and social security454/9€258k€33k▼
Other amounts payable47/48€0€13k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Operating income70/76A-€10.12M
Turnover70-€9.65M
Other operating income74-€255k
Non-recurring operating income76A€35k€214k▲
Operating charges60/66A-€9.54M
Goods for resale, raw materials and consumables60-€5.44M
Purchases600/8-€5.44M
Services and other goods61-€2.00M
Remuneration, social security and pensions62€1.96M€1.46M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€640k€352k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€22k€2k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€176k€-65k▼
Other operating charges640/8€52k€31k▼
Non-recurring operating charges66A€122k€325k▲
Gross operating margin9900€3.33M-
Operating profit (loss)9901€365k€578k▲
Financial income75/76B€768€4k▲
Recurring financial income75€768€4k▲
Other financial income752/9-€4k
Financial charges65/66B€174k€113k▼
Recurring financial charges65€174k€113k▼
Debt charges650-€105k
Other financial charges652/9-€8k
Profit (loss) for the period before taxes9903€192k€469k▲
Income taxes67/77€59k€130k▲
Taxes670/3-€130k
Tax adjustments and reversals of tax provisions77-€0
Profit (loss) for the period9904€133k€339k▲
Profit (loss) for the period to be appropriated9905€133k€339k▲
Appropriation of the result
Profit (loss) to be appropriated9906€367k€706k▲
Profit (loss) brought forward from the previous period14P€234k€367k▲
Social balance
Average headcount (FTE)908736.924.7▼
The notes to these accounts (71 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
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Highest result since 2022net €339k ▲155%
Operating result €578k, net result €339k, both a record.
31-03
Financial
Equity above €500kEq €807k ▲72.6%
4 profitable years in a row build equity to €807k.
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 41 days late
2023
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
31-03
Financial
Weakest financial yearnet €4k ▼98.9%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
2022
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Antwerpen · 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.
Zomerweg 282030 AntwerpenGround area
8,359 m²
Building footprint
1,233 m²
Volume, LiDAR
7,043 m³
Parcel 11815A0261/00M002, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BT LOGISTICS
since 20202.307.496.277
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11815A0261/00M002 | Flanders | 8,358 m² | 1 · 1,233 m² | 7.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 63,000 EUR awarded · 63,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 63,000 EUR | 63,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Similar companies · same sector, comparable size
SUTTONS INTERNATIONAL
BE 0476.630.977
Antwerpen · Eq €806k
KRISTAL
BE 0453.812.916
Steenokkerzeel · Eq €808k
TRANS MARINE AGENCIES
BE 0424.689.061
Antwerpen · Eq €809k
CARTS
BE 0837.602.126
Tremelo · Eq €810k
DE KINDEREN
BE 0438.840.965
Ravels · Eq €802k
Of 3,189 companies in sector 52250 we hold annual accounts for 1,956. 1,276 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-09-2020
Fiscal year end31-03
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.