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Cheap Cargo Belgium

Active
Private limited companyfounded 2018active for 8 yearsBremheidelaan 10, 2300 Turnhout, BelgiumKBO/BCE: BE 0696.979.147
Summary

Cheap Cargo Belgium has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €302,177 and a net result of €129,913. Equity has been growing by about 40% per year since 2019. Its solvency ranks better than 60% of 568 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-06-2018 Normal situation
Activity
Other information service activities NACE 63920and 3 others
Joint committee
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2022
Establishment unit
2.278.815.456 2800 Mechelen, since 01-07-2018
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Auditor
HLB Dodémont - Van Impe
Shareholders
  • Cheap Cargo B.V.annual accounts 2025
  • PostNLannual accounts 2025

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€196,818
▲ 149%
Turnover
≈ €500,000
estimated
Profit
€129,913
▲ 130%
Equity
€302,177
▲ 75.4%
Total assets
€541,948
▲ 62.8%
Filed on 13-07-2026, 18 days before the deadline
Score breakdownraises risk2 of the last 3 accounts latelowers riskLiquidity: current ratio 2.28, cash €397,874Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)Equity €302,177 (55.8% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of micro companies in computing infrastructure and information services (NACE 63)
Financial strength · tick: 2024
Strong
Solvency 81+4
equity 55.8% of total assets
Liquidity 79+3
short-term debt 43.9% · cash 73.4%
Profitability 97+17
return on assets 24.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (2,948 companies, NACE 63, micro)
Last 24 months 12-2024: 0.2% 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: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%▲ +0.4 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.7 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 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: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.28 (2.07 in 2024), above the usual 1.5. Short-term debt is 43.9% and cash 73.4% of total assets. 44.2% 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 63, micro). It does better than 52% of them on solvency, 67% on liquidity, 68% on profitability and 85% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.28, cash €397,874
NBB · annual accounts
raises risk · 2 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
KBO
lowers risk · Equity €302,177 (55.8% of total assets)
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 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
18 days early
2024
61 days late
2023
108 days late
2022
474 days late
2021
458 days late
2020
143 days late
2019
153 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 197 days after the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% 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 November (4 of the last 5 accounts filed within 349 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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: Result rose in 2025from €56,377 to €129,913 ▲ 130% View
  • Positive: Higher net result than 80% of companies in computing infrastructure and information servicessector median €23,190 · 570 companies €129,913 View
  • Board changedlatest change 18-03-2026 · 2 in office 1 joined · 1 left View

Comparable companies

These companies have the same main activity as Cheap Cargo Belgium: other information service activities (NACE 63920). They are comparable in size and age: total assets between €399,000 and €581,000, founded between 2016 and 2019.

CompanyTotal assetsGross margin
Cheap Cargo Belgium Turnhout€541,948€196,818
JAN HERMANS Tielt-Winge€461,723€215,703
ISR Kasterlee€474,217€142,555
Donnchadh Wezembeek-Oppem€580,928€195,185
J&E Art & Research Gent€459,531€234,423
SYLVIE DUMORTIER Sint-Lambrechts-Woluwe€518,322€210,484
AFTERCLAP Vorst€398,816€190,237
Full comparison

Key facts about Cheap Cargo Belgium

What is the company number of Cheap Cargo Belgium?
The company number of Cheap Cargo Belgium is 0696.979.147. The VAT number is the same number with BE in front: BE 0696.979.147.
Where is Cheap Cargo Belgium based?
The registered office is at Bremheidelaan 10, 2300 Turnhout.Company details
What does Cheap Cargo Belgium do?
According to the KBO register, the main activity is other information service activities (NACE 63920).
What is the legal form of Cheap Cargo Belgium?
The legal form of Cheap Cargo Belgium is Private limited company (BV).
When was Cheap Cargo Belgium founded?
Cheap Cargo Belgium was founded on 01-06-2018.
Is Cheap Cargo Belgium still active?
Yes, Cheap Cargo Belgium is an active enterprise in the KBO register.
How many employees does Cheap Cargo Belgium have?
Cheap Cargo Belgium had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does Cheap Cargo Belgium fall under?
In its 2022 annual accounts, Cheap Cargo Belgium states joint committee 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of Cheap Cargo Belgium?
The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €196,818 and 1,644 comparable companies of the same size. It probably lies between €310,000 and €940,000. It is a rough estimate.
Is Cheap Cargo Belgium profitable?
In financial year 2025, Cheap Cargo Belgium made a profit of €129,913.
Where can I find the annual accounts of Cheap Cargo Belgium?
Cheap Cargo Belgium filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Cheap Cargo Belgium due?
Cheap Cargo Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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