Carbon Green Logistics
ActiveSummary
The computed 12-month bankruptcy probability of Carbon Green Logistics is 2.3% (moderate). The 2026 annual accounts show equity of €1.5m and a net result of -€879,323. Equity has been shrinking by about 30% per year since 2023. If that trend continues, it turns negative around financial year 2028. Its solvency ranks better than 12% of 42 sector peers (NACE 52, financial year 2026). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 02-02-2022 Normal situation
- Activity
- Warehousing and storage NACE 52100and 5 others
- Establishment units
- 2.345.880.662 9042 Gent, since 02-02-2022
- 2.346.141.968 9000 Gent, since 02-02-2022
- Financial year end
- 28 February
- Peppol
- Reachable since 26-09-2025
Board and ownership
Board
- FIDUOManaging director · permanent representative Frank Peeters
- VAN DEN AVENNE Xavier Zeno Paul-HenriDirector · since 31-01-2022
- VANDEN AVENNE Filip Medard Remi JozefDirector · since 31-01-2022
- Auditor
- EY Bedrijfsrevisoren BV
Shareholders
- VANDEMA100%· score 9028-02-2026 annual accounts of VANDEMA
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.3%
Annual accounts to 28-02-2026
- Turnover
- €474,034
- ▲ 11.8%
- Loss
- €879,323
- ▼ 10.9%
- Equity
- €1.5m
- ▼ 37.1%
- Total assets
- €12.3m
- ▼ 9.7%
Score breakdownraises riskLiquidity: current ratio 3.75, cash €12,417, halvedSector: Warehousing and support activities for transportation (NACE 52)Founded in 2022lowers riskSize: turnover €474,034, total assets €12.3mShow the evidence
Checked score
Score 2026
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 42% of medium-sized companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2025
Weak
Solvency
37-5
equity 12.1% of total assets
Liquidity
50-1
short-term debt 5.3% · cash 0.1%
Profitability
47+3
return on assets -7.1%
Bankruptcy probability within 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.0%
01-2025: 3.0%● unchanged vs 12-2024
02-2025: 3.0%● unchanged vs 01-2025
03-2025: 3.0%● unchanged vs 02-2025
04-2025: 2.9%▼ -0.1 percentage points vs 03-2025
05-2025: 3.2%▲ +0.3 percentage points vs 04-2025
06-2025: 3.3%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 3.3%● unchanged vs 06-2025highest value
08-2025: 1.7%▼ -1.6 percentage points vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.5%▼ -0.2 percentage points vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.4%▼ -0.1 percentage points vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026lowest value
05-2026: 1.5%▲ +0.1 percentage points vs 04-2026
06-2026: 1.6%▲ +0.1 percentage points vs 05-2026
07-2026: 2.3%▲ +0.7 percentage points vs 06-2026
08-2026: 2.3%● unchanged vs 07-2026
09-2026: 2.3%● unchanged vs 08-2026
10-2026: 2.3%● unchanged vs 09-2026
11-2026: 2.3%● unchanged vs 10-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.75 (4.22 in 2025), above the usual 1.5. Short-term debt is 5.3% and cash 0.1% of total assets. However, 87.9% of the assets are financed with debt and provisions.
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 52, medium-sized). It does better than 29% of them on solvency, 68% on liquidity, 27% on profitability and 43% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
23242526
2023 to 2026 · latest year -€879,323
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 42 sector peers (2026).
NBB · sector comparisonPosition among 42 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 29-06-2026, 93 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2026
93 days early
2025
89 days early
2024
96 days early
2023
85 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 91 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. The company usually files around 1 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today28-02-2027 year end30-09-2027 deadline
Key points
- Risk: 4 loss-making years in a rowloss in financial year 2026 -€879,323 View
- Caution: Lower net result than 95% of companies in warehousing and transport supportsector median €275,021 · 42 companies -€879,323 View
- Caution: Equity fell in 2026from €2.4m to €1.5m ▼ 37.1% View
- Positive: Always filed on timeaccounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Frank Peeters
- · Gazette deed Appointment: EY Bedrijfsrevisoren BV (statutory auditor)
- · Gazette deed Appointment: BV Fiduo (director)Permanent representative: Frank Peeters
Companies linked to Carbon Green Logistics
Comparable companies
These companies have the same main activity as Carbon Green Logistics: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €5.3m and €17m, founded between 2019 and 2022.
| Company | Total assets | Turnover |
|---|---|---|
| Carbon Green Logistics Gent | €12.3m | €0.5m |
| Paxon Logistics Belgium Willebroek | €10.9m | - |
| RECIM Hulshout | €16.9m | - |
| LP-3 Gembloux | €7.8m | - |
| Red-Confort Logistics Mouscron | €7.1m | - |
| VT Logistics Lommel | €13.7m | - |
| A - MODE STOCK Brugge | €5.3m | - |
Key facts about Carbon Green Logistics
- What is the company number of Carbon Green Logistics?
- The company number of Carbon Green Logistics is 0781.489.705. The VAT number is the same number with BE in front: BE 0781.489.705.
- Where is Carbon Green Logistics based?
- The registered office is at John Kennedylaan 19, 9000 Gent.Company details
- What does Carbon Green Logistics do?
- According to the KBO register, the main activity is warehousing and storage (NACE 52100).
- What is the legal form of Carbon Green Logistics?
- The legal form of Carbon Green Logistics is Public limited company (NV).
- When was Carbon Green Logistics founded?
- Carbon Green Logistics was founded on 02-02-2022.
- Is Carbon Green Logistics still active?
- Yes, Carbon Green Logistics is an active enterprise in the KBO register.
- What is the turnover of Carbon Green Logistics?
- The turnover of Carbon Green Logistics was €474,034 in financial year 2026, according to the filed annual accounts.Financials
- Is Carbon Green Logistics profitable?
- In financial year 2026, Carbon Green Logistics made a loss of €879,323.
- Where can I find the annual accounts of Carbon Green Logistics?
- Carbon Green Logistics filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of Carbon Green Logistics due?
- Carbon Green Logistics must file the annual accounts for financial year 2027 by 30-09-2027.Timeline
Next steps
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