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CEVA Logistics Belgium

Active
Public limited companyfounded 1989active for 37 yearsKoningin Astridlaan 12, 2830 Willebroek, BelgiumKBO/BCE: BE 0437.401.407
Summary

The computed 12-month bankruptcy probability of CEVA Logistics Belgium is 1.7% (moderate). The 2025 annual accounts show equity of €1.6m and a net result of €601,168. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 13% of 861 sector peers (NACE 52, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 27-04-1989 Normal situation
Activity
Warehousing and storage NACE 52100and 1 other
Joint committees
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
Establishment units
2.043.649.844 2830 Willebroek, since 21-10-1999
2.156.576.749 6180 Courcelles, since 09-10-2006and 2 others
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Auditor
NV Callens Vandelanotte
Shareholders
  • CEVA Corporate Services SASannual accounts 2025
  • CEVA Logistics Holding B.V.annual accounts 2022

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Turnover
€73.4m
▼ 2.3%
Profit
€601,168
▲ 69.5%
Equity
€1.6m
▲ 58.6%
Total assets
€32.9m
▼ 0.6%
Employees on 31-12-2025
689
▼ 6.4%
Filed on 10-06-2026, 51 days before the deadline
Score breakdownraises riskEquity €1.6m (4.9% of total assets)Liquidity: current ratio 0.38, cash €535,030Sector: Warehousing and support activities for transportation (NACE 52)1 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 31% of large companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Weak
Solvency 30+2
equity 4.9% of total assets
Liquidity 2-12
short-term debt 89.9% · cash 1.6%
Profitability 59+1
return on assets 1.8%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (66 companies, NACE 52, large)
Last 24 months 12-2024: 2.6% 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.5%▼ -0.1 percentage points vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 2.6%▲ +0.1 percentage points vs 04-2025 06-2025: 2.6%● unchanged vs 05-2025 07-2025: 2.8%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.9%▼ -0.9 percentage points vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.8%▼ -0.1 percentage points vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.7%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 1.7%● unchanged vs 07-2026lowest value 09-2026: 1.7%● unchanged vs 08-2026lowest value 10-2026: 1.7%● unchanged vs 09-2026lowest value 11-2026: 1.7%● unchanged vs 10-2026lowest value
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.38 (0.45 in 2024), below 1. Short-term debt is 89.9% and cash 1.6% of total assets. 95.1% 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, large). It does better than 22% of them on solvency, 5% on liquidity, 46% on profitability and 50% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €1.6m (4.9% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.38, cash €535,030
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 861 sector peers (2025).
NBB · sector comparison
Position among 861 sector peers
Solvency
better than 13%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
18202122232425
2018 to 2025 · latest year €1.6m
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
35 days early
2023
44 days late
2022
297 days late
2021
27 days early
2020
4 days early
2019
167 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 56 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 5 accounts filed within 72 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Willebroekin the Checked rankings No. 1 View
  • Positive: Result rose in 2025from €354,666 to €601,168 ▲ 69.5% View
  • Flemish supportawarded from 2022 to 2025 €91,042 View

Recent changes

  1. · Gazette deed Capital & shares · Amendment of the articles
  2. · Gazette deed Appointment: Callens Vandelanotte NV (statutory auditor)Permanent representative: Mathias Roef
  3. · Gazette deed Resignations: Eric Dessupoiu (director) and Alexander Willekes Macdonald (director)Appointments: Joeri (Petrus Martinus) de Vaan (director) and Arie Oudshoorn (director)
All 24 events

Comparable companies

These companies have the same main activity as CEVA Logistics Belgium: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €34m and €72m, founded between 1969 and 2005.

CompanyTotal assetsTurnover
CEVA Logistics Belgium Willebroek€32.9m€73.4m
DISTRI-LOG Willebroek€54.5m€131.5m
DSV Contract Logistics Gent€56.2m€84.5m
Van Moer Rail Beveren-Kruibeke-Zwijndrecht€34.2m€115.1m
KUEHNE + NAGEL LOGISTICS Geel€47.9m€135.2m
IKEA Distribution BENELUX Genk€38.3m€104.5m
TAILORMADE LOGISTICS Gent€71.6m€112.2m
Full comparison

Key facts about CEVA Logistics Belgium

What is the company number of CEVA Logistics Belgium?
The company number of CEVA Logistics Belgium is 0437.401.407. The VAT number is the same number with BE in front: BE 0437.401.407.
Where is CEVA Logistics Belgium based?
The registered office is at Koningin Astridlaan 12, 2830 Willebroek.Company details
What does CEVA Logistics Belgium do?
According to the KBO register, the main activity is warehousing and storage (NACE 52100).
What is the legal form of CEVA Logistics Belgium?
The legal form of CEVA Logistics Belgium is Public limited company (NV).
When was CEVA Logistics Belgium founded?
CEVA Logistics Belgium was founded on 27-04-1989.
Is CEVA Logistics Belgium still active?
Yes, CEVA Logistics Belgium is an active enterprise in the KBO register.
How many employees does CEVA Logistics Belgium have?
CEVA Logistics Belgium had an average of 722.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CEVA Logistics Belgium fall under?
In its 2025 annual accounts, CEVA Logistics Belgium states joint committees 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden) and 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of CEVA Logistics Belgium?
The turnover of CEVA Logistics Belgium was €73.4m in financial year 2025, according to the filed annual accounts.
Is CEVA Logistics Belgium profitable?
In financial year 2025, CEVA Logistics Belgium made a profit of €601,168.
Where can I find the annual accounts of CEVA Logistics Belgium?
CEVA Logistics Belgium filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CEVA Logistics Belgium due?
CEVA Logistics Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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