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CARGO INTERNATIONAL

Active
Public limited companyfounded 1988active for 37 yearsVliegveld 747c, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0435.939.774
Summary

CARGO INTERNATIONAL has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€577,494) and a net result of €25,033. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 757 sector peers (NACE 96, financial year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Risk analysisFollow ReportCompare
CARGO INTERNATIONALActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Other personal services
NACE 96999
2 sites
Size
€163,429total assets 2024
Equity
-€577,494
Profit
€25,033
Turnover not published (abbreviated format)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Parent
Carga · 100%
Holdings
1
Auditor: Commissaris2025 accounts not filed, 86 days past the deadline4 of 18 deeds summarised
Why 54raises riskCapped at 59: negative equityFigures for financial year 2024 (filed 15-07-2025)Liquidity: current ratio 0.22, cash €4,197, halvedlowers riskFounded in 1988Size: total assets €163,429Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 31% of its sector peers (NACE 96, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 0=
equity -353.4% of total assets
Liquidity 3-5
short-term debt 453.4% · cash 2.6%
Profitability 76+45
return on assets 15.3%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,611 companies, NACE 96, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 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 03-2025 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: 0.3%▼ -0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%▲ +0.2 percentage points vs 08-2026 10-2026: 1.3%▲ +0.3 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.22, compared with 0.19 in 2023, below 1; short-term debt: 453.4% and cash: 2.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 96, micro): better than 11% on solvency, 5% on liquidity, 59% on profitability and 48% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 15-07-2025)
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €163,429
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.22, cash €4,197, halved
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 757 sector peers (2024).
NBB · sector comparison
Position among 757 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
20 days early
2023
7 days late
2022
14 days early
2021
34 days early
2020
25 days early
2019
38 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 8 days before the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Diligencia Consult SRL (director)Permanent representative: Diane Govaerts
  2. Reappointments: Alain R. Ziegler (director) and…Permanent representative: Diane Govaerts ·…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€577,494 View
  • Caution: Among the weakest 5% on solvencysector median 40.2% · 757 companies -353.4% View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
  • Caution: A director leftlatest change 19-02-2026 · 1 in office 1 left View
  • Controlled by Cargathe company in turn controls 1 companies 100% View

By topic

Financials

Financial year
2024
Total assets
€163,429
Profit
€25,033
Solvency
-353.4%
Total assets▲ 17.4%
Net result
20182024
Go to Financials

Timeline

Events
43
Since
1990
  1. 31-12-2024Back to profit
  2. 17-09-2024Reappointment: Groupe Audit Belgium (statutory auditor)
  3. 07-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Other personal servicesNACE 96999
Founded
30-11-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
28
Annual meeting
Last Thursday of May at 10:00
Purpose
“De aktiviteiten van commissionair-expediteur,van vervoer-commissionair en alle andere…” (deed in Dutch)
Go to Articles of association

Key facts about CARGO INTERNATIONAL

What is the company number of CARGO INTERNATIONAL?
0435.939.774. In Belgium the VAT number is the company number with BE in front: BE 0435.939.774.
Where is CARGO INTERNATIONAL based?
The registered office is at Vliegveld 747c, 1820 Steenokkerzeel.Company details
What does CARGO INTERNATIONAL do?
According to the KBO register, the main activity is other personal services (NACE 96999).
What is the legal form of CARGO INTERNATIONAL?
Public limited company (NV).
When was CARGO INTERNATIONAL founded?
On 30-11-1988.
Is CARGO INTERNATIONAL still active?
Yes, CARGO INTERNATIONAL is an active enterprise in the KBO register.
What is the turnover of CARGO INTERNATIONAL?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is CARGO INTERNATIONAL profitable?
In financial year 2024, CARGO INTERNATIONAL made a profit of €25,033.
Where can I find the annual accounts of CARGO INTERNATIONAL?
CARGO INTERNATIONAL filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Companies related to CARGO INTERNATIONAL

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