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CASTELEIN LOGISTICS

Active
Public limited companyfounded 1974active for 51 yearsLar 11, 8930 Menen, BelgiumKBO/BCE: BE 0414.603.239
Summary

CASTELEIN LOGISTICS has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€150,630. Equity is growing by about 5.8% per year across the filed financial years. Its solvency ranks better than 28% of 1,054 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Freight transport by road
NACE 49410
4th oldest company in Menen, Transport and storage sector1 site
Size
€6.1mtotal assets 2025
Staff
17 FTE
Equity
€1.3m
Loss
-€150,630
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Parent
CASTEL WEST · 100%
Accounts 14 days early0 of 8 deeds read
Why 67raises riskSector: Land transport and transport via pipelines (NACE 49)Equity €1.3m (21.6% of total assets)Liquidity: current ratio 1.59, cash €401,410Loss of €150,630 (financial year 2025)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 31% of its sector peers (NACE 49, small)
Financial strength · tick = 2024
Average
Solvency 47-15
equity 21.6% of total assets
Liquidity 48-8
short-term debt 26.5% · cash 6.5%
Profitability 66-7
return on assets -2.5%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,180 companies, NACE 49, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 0.8%● unchanged vs 08-2026highest value 10-2026: 0.8%● unchanged vs 09-2026highest value
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.59, compared with 1.51 in 2024, above the usual 1.5; short-term debt: 26.5% and cash: 6.5% of total assets), but 78.4% of the assets are financed with debt and provisions.
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 49, small): better than 27% on solvency, 55% on liquidity, 27% on profitability and 15% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Five signals.
raises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Equity €1.3m (21.6% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.59, cash €401,410
NBB · annual accounts
raises risk · Loss of €150,630 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
20 days early
2023
58 days early
2022
46 days early
2021
44 days early
2020
18 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 35 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
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 17 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€150,630
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €136,679 in 2024 -€150,630 View
  • Caution: Among the weakest 11% on net resultsector median €50,591 · 1,052 companies -€150,630 View
  • Controlled by CASTEL WEST 100% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
  • Active since 1974founded 18-11-1974 51 years View
  • Flemish supportawarded from 2022 to 2025 €189,305 View

By topic

Financials

Financial year
2025
Total assets
€6.1m
Loss
-€150,630
Solvency
21.6%
Total assets▲ 51.3%
Net result
20182025
Go to Financials

Timeline

Events
52
Since
1978
Next accounts
by 31-07-2027
  1. 03-06-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2025
  3. 15-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
18-11-1974
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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