Equity
€1.9m ▲ 22.9%
FB LOGISTICS has made a profit without a break since 2010.
FB LOGISTICS
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €2.5m (2021)
-not published
lowest -€16,939 (2009)
€557,461▲ 132%
peak €2.1m (2023)
€1.9m▲ 22.9%
€4.3m▲ 24.4%
peak 91.9 FTE (2023)
33 FTE▼ 21.2%
Board1 name since 2021
1 directorBOKETI BV
Documentsfilings and deeds
01-10-202662 days late
2025financial year
Result from €240,290 to €557,461Staff from 41.9 FTE to 33 FTEEquity from €1.5m to €1.9mDebts from €3.5m to €4.3mInvestments €405,705Cash from €861,798 to €1.4m
Key points
from the 2025 annual accountsResult
€557,461 ▲ 132%
The result rose in 2025 from €240,290 to €557,461.
Investments
€404,536 2.0 × depreciation
Green is investment, beige is depreciation.
Staff
33 FTE from 91.9 in 2023
Between 2023 and 2025, 64% of the full-time equivalents disappeared.
Filings
21 annual accounts 62 days
Latest accounts filed late: after the legal deadline.
Group
7 companies controlled
Heads a group.
Checked score
65
Healthy
Financially stronger than 51% of small companies in postal and courier (NACE 53)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 57 companies (NACE 53, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025lowest value
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.2 percentage points vs 07-2025
09-2025: 0.8%▲ +0.1 percentage points vs 08-2025
10-2025: 1.0%▲ +0.2 percentage points vs 09-2025
11-2025: 0.4%▼ -0.6 percentage points vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.7%▲ +0.3 percentage points vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 2.1%▲ +1.3 percentage points vs 07-2026
09-2026: 3.1%▲ +1.0 percentage point vs 08-2026highest value
10-2026: 1.2%▼ -1.9 percentage points vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 62 days late; 3 of the last 3 accounts late
1 change of registered office in 24 months
Ex-officio strike-off in the KBO
lowers risk
Size: turnover €15.9m, 33 FTE, total assets €6.2m
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 53, small). It does better than 51% of them on solvency, 60% on liquidity, 35% on profitability and 58% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 20,137 companies had the same profile as FB LOGISTICS has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
The bankruptcy probability of FB LOGISTICS itself is higher: 1.2% within 12 months. It rests on far more data about FB LOGISTICS than the profile alone.
Test of the method
The method was tested on the 497,447 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 20,137 companies, not a prediction for FB LOGISTICS. 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 €120,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42 (1.43 in 2024), below the usual 1.5. Short-term debt is 64.1% and cash 22.5% of total assets. 69.8% 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
Six signals.
lowers riskraises risk
raises risk · 2025 accounts filed 62 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-10-2026, 62 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
62 days late
2024
75 days late
2023
92 days late
2022
127 days late
2021
129 days late
2020
125 days late
2019
96 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 101 days after the deadline. In the sector (NACE 53), the median for financial year 2024 was 13 days after the deadline, and 56% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Searched, nothing found (1)
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 1 November (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
BB
BOKETI BV
Director
Shares in 4 companies, including FB LOGISTICS INTL. and GARAGE BUDA
Board & ownershipRecent changes
New establishment in Ixelles
Louizalaan 368
Address strikeout annulled
KBO administration
Address struck
Louizalaan 368 1050 L’adresse du siège · effective 14-04-2026 · KBO administration
Amendment of the articles
General meeting of 05-02-2026 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FB LOGISTICS Ixelles | €15.9m | 4.9% | 30.2% | 33 |
| ARID GROUP Zaventem | €15.2m | 20.3% | 74.6% | 36 |
| Market E5 CBRA Zaventem | €5.3m | -16.5% | 84.3% | 8.1 |
| Incubatiecentrum Arsenaal Brussel Etterbeek | - | - | 78.0% | 2.9 |
| BME Genk | - | - | -12.0% | 10.1 |
| Market F6 CBRA Zaventem | €3.1m | -5.6% | 98.9% | 3.1 |
| HYK Lummen | - | - | 31.5% | 39.4 |
Grey: the largest companies of the sector (postal and courier (NACE 53)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as FB LOGISTICS: postal and courier activities (NACE 53100). They are comparable in size and age: total assets between €1.6m and €9.5m, founded between 2005 and 2017.
Official details
Source: KBO- Status
- Active since 08-06-2005Normal situation
- Registered office
- 14 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Postal and courier activitiesNACE 53100and 1 other
- Joint committee
- 140.03Road transport and logistics for third parties · annual accounts 2025
- Establishment units
- 2.148.433.1051830 Machelen (Brab.), since 06-06-2005
- 2.392.552.8071050 Ixelles, since 17-08-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- €6.2m▲ 24.0%
- Employeeson 31-12-2025
- 31▼ 11.4%
- Filing
- Filed on 01-10-2026
Companies linked to FB LOGISTICS
Subsidiaries and holdings
- JARONAL100%
- NEW CUSTOMSERVICE100%
Insights on FB LOGISTICS
FB LOGISTICS has existed since 2005. In 2007 the gross margin rose from €69,871 to €193,145 and staff from 1 to 1.8 full-time equivalents.
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 FB LOGISTICS
- What is the company number of FB LOGISTICS?
- The company number of FB LOGISTICS is 0874.344.637. The VAT number is the same number with BE in front: BE 0874.344.637.
- Where is FB LOGISTICS based?
- The registered office is at Louizalaan 368, 1050 Ixelles.Company details
- What does FB LOGISTICS do?
- According to the KBO register, the main activity is postal and courier activities (NACE 53100).
- What is the legal form of FB LOGISTICS?
- FB LOGISTICS is a private limited company (BV).
- When was FB LOGISTICS founded?
- FB LOGISTICS was founded on 08-06-2005.
- Is FB LOGISTICS still active?
- Yes, FB LOGISTICS is an active enterprise in the KBO register.
- How many employees does FB LOGISTICS have?
- FB LOGISTICS had an average of 33 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FB LOGISTICS fall under?
- In its 2025 annual accounts, FB LOGISTICS states joint committee 140.03 (Road transport and logistics for third parties).
- What is the turnover of FB LOGISTICS?
- The turnover of FB LOGISTICS was €15.9m in financial year 2025, according to the filed annual accounts.
- Is FB LOGISTICS profitable?
- In financial year 2025, FB LOGISTICS made a profit of €557,461.
- Where can I find the annual accounts of FB LOGISTICS?
- FB LOGISTICS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FB LOGISTICS due?
- FB LOGISTICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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