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C.Y. Logistics

Active
Public limited companyfounded 20197 yrs activeRue Saint-Exupéry 17, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 0728.515.530
Summary

The computed 12-month bankruptcy probability of C.Y. Logistics is 5.0% (elevated). The 2024 annual accounts show equity of €1.9m and a net result of -€73,676. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 74% of 735 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Risk analysisWatch ReportCompare
C.Y. LogisticsActiveChecked score 38/100
Risk analysis ReportCompare

Overview

Activity
Logistics services
NACE 52250NACE 52290
#8 company by equity in Grâce-Hollogne, Transport and storage sector1 site
Size
€3.4mtotal assets 2024
Staff
26.4 FTE
Equity
€1.9m
Loss
-€73,676
Financial health
38 Weak Checked score 2024
Bankruptcy chance 12 m
5.0%
Structure
Accounts 65 d overdue0 of 4 deeds read
Why 38- Figures for FY 2024 (filed 26-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 57 days late; 3 of the last 3 late- Ex-officio strike-off in the KBO+ Liquidity: current ratio 2.04, cash €481,151Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 47% of its sector peers (NACE 52, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 81+8
equity 55.7% of total assets
Liquidity 51+10
short-term debt 36.0% · cash 14.1%
Profitability 36+36
return on assets -2.2%
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (595 companies)
Last 24 months 11-2024: 4.5% 12-2024: 4.5%● 0.0% vs 11-2024 01-2025: 4.4%▼ -1.4% vs 12-2024 02-2025: 4.3%▼ -2.8% vs 01-2025 03-2025: 4.2%▼ -0.8% vs 02-2025 04-2025: 4.2%● 0.0% vs 03-2025 05-2025: 4.1%▼ -2.7% vs 04-2025 06-2025: 4.5%▲ +8.4% vs 05-2025 07-2025: 4.7%▲ +4.0% vs 06-2025 08-2025: 5.4%▲ +16.4% vs 07-2025highest value 09-2025: 4.8%▼ -11.0% vs 08-2025 10-2025: 1.8%▼ -62.0% vs 09-2025 11-2025: 1.8%● 0.0% vs 10-2025 12-2025: 1.8%● 0.0% vs 11-2025 01-2026: 1.8%▼ -0.6% vs 12-2025lowest value 02-2026: 1.8%● 0.0% vs 01-2026lowest value 03-2026: 2.1%▲ +14.6% vs 02-2026 04-2026: 1.9%▼ -7.5% vs 03-2026 05-2026: 2.0%▲ +3.5% vs 04-2026 06-2026: 2.1%▲ +7.0% vs 05-2026 07-2026: 2.3%▲ +8.3% vs 06-2026 08-2026: 3.1%▲ +34.9% vs 07-2026 09-2026: 3.4%▲ +9.7% vs 08-2026 10-2026: 5.0%▲ +44.7% vs 09-2026
  • Figures for FY 2024 (filed 26-09-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 57 days late; 3 of the last 3 late raises the probability
  • Ex-officio strike-off in the KBO raises the probability
  • Liquidity: current ratio 2.04, cash €481,151 lowers the probability
Credit up to €70,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.04 against 1.72 in 2023; short-term debt: 36% and cash: 14.1% of total assets), and 44.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 52, small). Better than this share of them on solvency 73%, liquidity 67%, profitability 23%, growth against the median 27%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 26-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 57 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Ex-officio strike-off in the KBO
In the bankruptcy model this factor raises the probability.
KBO publications
lowers risk · Liquidity: current ratio 2.04, cash €481,151
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
2021222324
2020 to 2024 · latest year -€73,676
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
57 d late
2023
65 d late
2022
224 d late
2021
589 d late
2020
954 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 378 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
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingStrikeout withdrawn
  1. Annual accounts filedfiscal year 2024 · full…
  2. Annual accounts filedfiscal year 2023 · full…
  3. Strikeout withdrawnevent 11-03-2024

Key points

  • Positive: Result rose in 2024from -€808,855 to -€73,676 ▲ 90.9% View
  • Caution: Among the weakest 17% on net resultsector median €126,424 · 735 companies -€73,676 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€73,676 View

By topic

Financials

Fiscal year
2024
Total assets
€3.4m
Loss
-€73,676
Solvency
55.7%
Turnover▲ 4.3%
Net result
20222023
Go to Financials

Timeline

Events
10
Since
2021
  1. 26-09-2025Annual accounts filed
  2. 04-10-2024Annual accounts filed
  3. 26-04-2024Strikeout withdrawn
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Logistics servicesNACE 52250
Founded
14-06-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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 Is the workforce growing, and do people stay?Employer check 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

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