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CLF Logistics

Active
Public limited companyfounded 199234 yrs activeLangemarkweg(KOM) 2, 7780 Comines-Warneton, BelgiumKBO/BCE: BE 0447.149.610
Summary

CLF Logistics has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.3m and a net result of €185,833. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 82% of 734 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability75▼-4
Solvency92▼-1
Growth68▲+3
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240,000 at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.25 in 2023; short-term debt: 33.1% and cash: 1.8% of total assets), and 33.1% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
66.9%
Return on assets
3.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 confirmed
2024
20 d early
2023
21 d early
2022
20 d early
2021
16 d early
2020
30 d late
2019
18 d 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 5 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 9 April 1992, CLF Logistics was incorporated.1 The name was changed to CLF logistics in 2004.2 In 2004 the registered office moved to Comines-Warneton.2 A capital increase in 2004 brought the capital to EUR 750,000.2 Of the 3 current board members, Gert Masselus has served longest, since 2025.3 Revenue went from EUR 3.2 million in 2018 to EUR 4.3 million in 2024 and headcount from 26.2 to 27.2 full-time equivalents.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 24-12-2004
  3. 3Belgian State Gazette, 20-01-2026
  4. 4National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€4.3m▲ 22.1%
2023 · €3.5m
EBIT margin
6.0%▲ 1.3pp
2023 · 4.7%
Net result
€185,833▲ 30.8%
2023 · €142,119
Working capital
-€1.1m▼ 3.2%
2023 · -€1.1m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€3.6m▲ 2.6%€3.5m▼ 3.0%€3.0m▼ 14.7%€3.5m▲ 16.9%€4.3m▲ 22.1%
Operating result€46,259▲ 62.6%€167,759▲ 263%€64,824▼ 61.4%€164,993▲ 155%€256,092▲ 55.2%
Net result€38,273within the sector's middle half€97,194within the sector's middle half▲ 154%€54,532within the sector's middle half▼ 43.9%€142,119within the sector's middle half▲ 161%€185,833within the sector's middle half▲ 30.8%
EBIT margin1.3%▲ 0.5pp4.7%▲ 3.5pp2.2%▼ 2.6pp4.7%▲ 2.5pp6.0%▲ 1.3pp
Equity€3.0mwithin the sector's middle half▼ 0.3%€3.1mwithin the sector's middle half▲ 1.6%€3.1mwithin the sector's middle half▲ 0.2%€3.2mwithin the sector's middle half▲ 3.0%€3.3mwithin the sector's middle half▲ 5.1%
Total assets€5.7mwithin the sector's middle half▲ 7.7%€5.1mwithin the sector's middle half▼ 10.0%€4.9mwithin the sector's middle half▼ 4.0%€4.7mwithin the sector's middle half▼ 4.6%€5.0mwithin the sector's middle half▲ 6.9%
Debt€2.6m▲ 19.7%€2.0m▼ 23.2%€1.8m▼ 10.0%€1.5m▼ 17.2%€1.7m▲ 11.2%
Working capital-€1.9mbelow the sector's middle half▼ 14.4%-€1.4mbelow the sector's middle half▲ 24.1%-€1.3mbelow the sector's middle half▲ 10.2%-€1.1mbelow the sector's middle half▲ 13.0%-€1.1mbelow the sector's middle half▼ 3.2%
Solvency53.5%within the sector's middle half▼ 4.3pp60.4%above the sector's middle half▲ 6.9pp63.0%above the sector's middle half▲ 2.7pp68.1%above the sector's middle half▲ 5.0pp66.9%above the sector's middle half▼ 1.2pp
Current ratio0.08below the sector's middle half▼ 0.100.12below the sector's middle half▲ 0.040.21below the sector's middle half▲ 0.090.25below the sector's middle half▲ 0.040.31below the sector's middle half▲ 0.06
Return on assets (ROA)0.7%within the sector's middle half▲ 1.1pp1.9%within the sector's middle half▲ 1.2pp1.1%within the sector's middle half▼ 0.8pp3.0%within the sector's middle half▲ 1.9pp3.7%within the sector's middle half▲ 0.7pp
Staff (FTE)35.8within the sector's middle half▲ 22.2%30.2within the sector's middle half▼ 15.6%28.3within the sector's middle half▼ 6.3%29.5within the sector's middle half▲ 4.2%27.2within the sector's middle half▼ 7.8%
above within below the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2020: €46,259€46,259Net result 2020: €38,273€38,273Operating result 2021: €167,759€167,759Net result 2021: €97,194€97,194Operating result 2022: €64,824€64,824Net result 2022: €54,532€54,532Operating result 2023: €164,993€164,993Net result 2023: €142,119€142,119Operating result 2024: €256,092€256,092Net result 2024: €185,833€185,83320202021202220232024€0€100,000€200,000€300,000Operating result 2022: €64,824€64,800Net result 2022: €54,532€54,500Operating result 2023: €164,993€165,000Net result 2023: €142,119€142,000Operating result 2024: €256,092€256,000Net result 2024: €185,833€186,000202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 55% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.0m
Fixed assets €4.5m ▲ 4.0%
Current assets €520,148 ▲ 40.7%
Equity and liabilities €5.0m
Equity €3.3m ▲ 5.1%
Provisions €0 ▼ 100%
Debt €1.7m ▲ 11.2%
Debt's share of the balance-sheet total rises from 31.8% to 33.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€627,168▼
2023 · €637,497
Cash flow
€556,909▼
2023 · €614,623
Debt to equity
0.49▲
2023 · 0.47
ROE
5.6%▲
2023 · 4.5%
Interest coverage
648.65▲
2023 · 218.71
Debt ≤ 1 year
€1.7m▲
2023 · €1.5m
Debt > 1 year
€0▼
2023 · €18,823
Income taxes
€78,574▲
2023 · €57,988
Staff costs
€1.7m▼
2023 · €1.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 67 lines
Balance sheet Code20232024
Assets
Total assets20/58€4.7m€5.0m▲
Fixed assets21/28€4.3m€4.5m▲
Tangible fixed assets22/27€4.3m€4.5m▲
Land and buildings22€608,441€448,790▼
Plant, machinery and equipment23€121,036€99,264▼
Furniture and vehicles24€3.2m€3.7m▲
Leasing and similar rights25€334,381€188,566▼
Current assets29/58€369,804€520,148▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€131,386€267,592▲
Trade receivables40€130,744€266,758▲
Other amounts receivable41€642€834▲
Cash at bank and in hand54/58€90,348€92,338▲
Deferred charges and accrued income490/1€148,071€160,218▲
Equity and liabilities
Total equity and liabilities10/49€4.7m€5.0m▲
Equity10/15€3.2m€3.3m▲
Contributions10/11€750,000€750,000=
Capital10€750,000€750,000=
Issued capital100€750,000€750,000=
Revaluation surpluses12€705,985€705,985=
Reserves13€75,000€75,000=
Non-distributable reserves130/1€75,000€75,000=
Legal reserve130€75,000€75,000=
Profit (loss) carried forward14€1.6m€1.8m▲
Investment grants15€24,484€0▼
Provisions and deferred taxes16€6,058€0▼
Deferred taxes168€6,058€0▼
Amounts payable17/49€1.5m€1.7m▲
Amounts payable after more than one year17€18,823€0▼
Financial debts170/4€18,823€0▼
Leasing and similar obligations172€18,823€0▼
Amounts payable within one year42/48€1.5m€1.7m▲
Current portion of amounts payable after more than one year42€182,456€18,823▼
Trade debts44€319,565€807,786▲
Suppliers440/4€319,565€807,786▲
Taxes, remuneration and social security45€399,410€359,304▼
Taxes450/3€165,556€132,753▼
Remuneration and social security454/9€233,854€226,552▼
Other amounts payable47/48€566,404€467,155▼
Income statement Code20232024
Operating income70/76A€3.7m€4.5m▲
Turnover70€3.5m€4.3m▲
Other operating income74€149,419€167,509▲
Non-recurring operating income76A-€2,990
Operating charges60/66A€3.5m€4.2m▲
Services and other goods61€1.2m€2.0m▲
Remuneration, social security and pensions62€1.7m€1.7m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€472,504€371,076▼
Other operating charges640/8€168,039€186,079▲
Non-recurring operating charges66A€1,900€1,705▼
Operating profit (loss)9901€164,993€256,092▲
Financial income75/76B€48,379€24,485▼
Recurring financial income75€48,379€24,485▼
Other financial income752/9€48,379€24,485▼
Financial charges65/66B€24,564€22,229▼
Recurring financial charges65€24,564€22,229▼
Debt charges650€2,915€967▼
Other financial charges652/9€21,649€21,262▼
Profit (loss) for the period before taxes9903€188,809€258,348▲
Transfer from deferred taxes780€11,298€6,058▼
Income taxes67/77€57,988€78,574▲
Taxes670/3€58,173€78,574▲
Tax adjustments and reversals of tax provisions77€184€0▼
Profit (loss) for the period9904€142,119€185,833▲
Profit (loss) for the period to be appropriated9905€142,119€185,833▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.6m€1.8m▲
Profit (loss) brought forward from the previous period14P€1.5m€1.6m▲
Social balance
Average headcount (FTE)908729.527.2▼

The notes to these accounts (65 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€3.8m€3.2m€3.7m€4.5m▲ 21.8%
Turnover70€3.6m€3.5m€3.0m€3.5m€4.3m▲ 22.1%
Other operating income74-€149,059€137,307€149,419€167,509▲ 12.1%
Non-recurring operating income76A-€97,620€0-€2,990-
Operating charges60/66A-€3.6m€3.1m€3.5m€4.2m▲ 20.2%
Services and other goods61-€1.3m€1.0m€1.2m€2.0m▲ 69.5%
Remuneration, social security and pensions62-€1.5m€1.4m€1.7m€1.7m▼ 0.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€617,267€600,174€557,767€472,504€371,076▼ 21.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€10,000€0---
Other operating charges640/8-€155,833€153,883€168,039€186,079▲ 10.7%
Non-recurring operating charges66A-€30,276€244€1,900€1,705▼ 10.3%
Operating profit (loss)9901€46,259€167,759€64,824€164,993€256,092▲ 55.2%
Financial income75/76B-€48,387€48,435€48,379€24,485▼ 49.4%
Recurring financial income75€48,379€48,387€48,435€48,379€24,485▼ 49.4%
Other financial income752/9-€48,387€48,435€48,379€24,485▼ 49.4%
Financial charges65/66B-€27,987€22,551€24,564€22,229▼ 9.5%
Recurring financial charges65€34,727€27,987€22,551€24,564€22,229▼ 9.5%
Debt charges650€8,773€6,813€4,874€2,915€967▼ 66.8%
Other financial charges652/9-€21,174€17,677€21,649€21,262▼ 1.8%
Profit (loss) for the period before taxes9903€59,911€188,159€90,709€188,809€258,348▲ 36.8%
Transfer from deferred taxes780-€11,298€11,298€11,298€6,058▼ 46.4%
Income taxes67/77€32,936€102,264€47,475€57,988€78,574▲ 35.5%
Taxes670/3-€102,264€47,475€58,173€78,574▲ 35.1%
Tax adjustments and reversals of tax provisions77---€184€0▼ 100%
Profit (loss) for the period9904€38,273€97,194€54,532€142,119€185,833▲ 30.8%
Profit (loss) for the period to be appropriated9905€38,273€97,194€54,532€142,119€185,833▲ 30.8%
Line20202021202220232024Change
Assets
Total assets20/58€5.7m€5.1m€4.9m€4.7m€5.0m▲ 6.9%
Fixed assets21/28€5.5m€4.9m€4.6m€4.3m€4.5m▲ 4.0%
Tangible fixed assets22/27€5.5m€4.9m€4.6m€4.3m€4.5m▲ 4.0%
Land and buildings22-€1.2m€896,054€608,441€448,790▼ 26.2%
Plant, machinery and equipment23-€148,361€130,427€121,036€99,264▼ 18.0%
Furniture and vehicles24-€2.9m€3.0m€3.2m€3.7m▲ 15.4%
Leasing and similar rights25-€658,181€496,281€334,381€188,566▼ 43.6%
Other tangible fixed assets26-€0----
Current assets29/58€151,339€189,537€330,472€369,804€520,148▲ 40.7%
Stocks and contracts in progress3€10,000€0€0€0€0-
Stocks30/36-€0----
Goods purchased for resale34-€0----
Amounts receivable within one year40/41€62,784€17,180€37,549€131,386€267,592▲ 104%
Trade receivables40-€16,767€34,514€130,744€266,758▲ 104%
Other amounts receivable41-€414€3,035€642€834▲ 29.9%
Cash at bank and in hand54/58€46,701€140,240€169,684€90,348€92,338▲ 2.2%
Deferred charges and accrued income490/1-€32,117€123,239€148,071€160,218▲ 8.2%
Equity and liabilities
Total equity and liabilities10/49€5.7m€5.1m€4.9m€4.7m€5.0m▲ 6.9%
Equity10/15€3.0m€3.1m€3.1m€3.2m€3.3m▲ 5.1%
Contributions10/11€750,000€750,000€750,000€750,000€750,000=
Capital10-€750,000€750,000€750,000€750,000=
Issued capital100-€750,000€750,000€750,000€750,000=
Revaluation surpluses12-€705,985€705,985€705,985€705,985=
Reserves13€75,000€75,000€75,000€75,000€75,000=
Non-distributable reserves130/1-€75,000€75,000€75,000€75,000=
Legal reserve130-€75,000€75,000€75,000€75,000=
Profit (loss) carried forward14€1.3m€1.4m€1.5m€1.6m€1.8m▲ 11.4%
Investment grants15-€121,243€72,863€24,484€0▼ 100%
Provisions and deferred taxes16€39,954€28,655€17,357€6,058€0▼ 100%
Deferred taxes168-€28,655€17,357€6,058€0▼ 100%
Amounts payable17/49€2.6m€2.0m€1.8m€1.5m€1.7m▲ 11.2%
Amounts payable after more than one year17€593,206€398,222€201,278€18,823€0▼ 100%
Financial debts170/4-€398,222€201,278€18,823€0▼ 100%
Leasing and similar obligations172-€398,222€201,278€18,823€0▼ 100%
Amounts payable within one year42/48€2.0m€1.6m€1.6m€1.5m€1.7m▲ 12.6%
Current portion of amounts payable after more than one year42-€194,985€196,943€182,456€18,823▼ 89.7%
Trade debts44€762,716€567,522€499,736€319,565€807,786▲ 153%
Suppliers440/4-€567,522€499,736€319,565€807,786▲ 153%
Advances received on contracts in progress46-€0----
Taxes, remuneration and social security45-€281,141€266,683€399,410€359,304▼ 10.0%
Taxes450/3-€81,627€80,257€165,556€132,753▼ 19.8%
Remuneration and social security454/9-€199,514€186,426€233,854€226,552▼ 3.1%
Other amounts payable47/48-€552,523€629,813€566,404€467,155▼ 17.5%
Line20202021202220232024Change
Profit (loss) for the period9904€38,273€97,194€54,532€142,119€185,833▲ 30.8%
+ Depreciation and write-downs630€617,267€600,174€557,767€472,504€371,076▼ 21.5%
Operating cash flow (approximation)€655,541€697,367€612,299€614,623€556,909▼ 9.4%
Investment in fixed assets (approximation)-€3,085-€211,750-€207,815-€542,433▼ 161%
Change in cash-€93,539€29,443-€79,336€1,990▲ 103%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
21-08
State Gazette act Statutes amendment
Power of attorney5 facts ▸
  • General meeting, 22-07-2026
  • Statutes amendment, 35
  • Other statement, 31-08-2026, 01-01-2025
  • Other statement, procuration pour la coordination, contenu non imprimé
  • Power of attorney
10-07
State Gazette act Resignations & appointments
Power of attorney2 facts ▸
  • Board meeting, 18-06-2026
  • Power of attorney, Dominique Mulliez (représentant de pilanes bv)
27-03
State Gazette act Resignation: EY Réviseurs d'Entreprises SRL (statutory auditor)
Appointment: KPMG Réviseurs d'Entreprises SRL (statutory auditor) · Permanent representative: Brecht Buysschaert · Power of attorney5 facts ▸
  • Shareholder decision, 12 mars 2026
  • Director resignation, EY Réviseurs d'Entreprises SRL (statutory auditor)
  • Auditor appointment, KPMG Réviseurs d'Entreprises SRL (statutory auditor)
  • Permanent representative, Brecht Buysschaert
  • Power of attorney, Loyens & Loeff Advocaten-Avocats BV/SRL
20-01
State Gazette act Resignations: James Alderman (managing director) and Erik Brandenburg (managing director)
Appointment: Gert Masselus (managing director) · Mandate compensation · Power of attorney7 facts ▸
  • Board meeting, 19-12-2025
  • Director resignation, James Alderman (managing director)
  • Director resignation, Erik Brandenburg (managing director)
  • Director appointment, Gert Masselus (managing director)
  • Mandate compensation, Gert Masselus
  • Power of attorney, Tal Elseth
  • Mandate compensation, Tal Elseth
02-01
State Gazette act Statutes amendment
5 facts ▸
  • General meeting, 19-12-2025
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
2025
17-12
State Gazette act Capital & shares
Share transfer · Power of attorney3 facts ▸
  • Share transfer, Simplot Europe Holdings BV
  • Power of attorney, Johan Lagae
  • Power of attorney, Els Bruls
12-12
State Gazette act Resignations: Jan Clarebout, Gilles Clarebout and 2 others
Appointments: Graham Dugdale, James Alderman and 3 others · Director discharge · Mandate compensation34 facts ▸
  • Shareholder decision, 31-10-2025
  • Director resignation, Jan Clarebout (director)
  • Director resignation, Gilles Clarebout (director)
  • Director resignation, Yves Capoen (director)
  • Director discharge, Jan Clarebout
  • Director discharge, Gilles Clarebout
  • Director discharge, Yves Capoen
  • Director resignation, Raphaël Clarebout (director)
  • Director appointment, Graham Dugdale (director)
  • Director appointment, James Alderman (director)
  • Director appointment, Erik Brandenburg (director)
  • Director appointment, Gert Masselus (director)
  • +22 further facts in this act
11-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €185,833 ▲30.8%
Operating result €256,092, net result €185,833, both a record.
19-08
State Gazette act Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
2 facts ▸
  • General meeting, 26/07/2024
  • Auditor appointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
10-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
11-01
State Gazette act Resignations: Jan Clarebout, Yves Capoen and Gilles Clarebout
Reappointments: Jan Clarebout, Yves Capoen and Gilles Clarebout · Appointment: Jan Clarebout (managing director) · Statutes amendment11 facts ▸
  • General meeting, 01-12-2023
  • Statutes amendment
  • Capital, €750.000
  • Director resignation, Jan Clarebout (director)
  • Director resignation, Yves Capoen (director)
  • Director resignation, Gilles Clarebout (director)
  • Director reappointment, Jan Clarebout (non-statutory director)
  • Director reappointment, Yves Capoen (non-statutory director)
  • Director reappointment, Gilles Clarebout (non-statutory director)
  • Director appointment, Jan Clarebout (managing director)
  • Power of attorney, Conseil d'administration de CLF Logistics
Show earlier events
2023
11-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
09-12
State Gazette act Resignation: Clarebout Raphaël (director)
Appointment: Gilles Clarebout (director) · Reappointments: Clarebout Jan (director) and Yves Capoen (director) · Director discharge9 facts ▸
  • General meeting, 21-10-2022
  • Director resignation, Clarebout Raphaël (director)
  • Director discharge, Clarebout Raphaël
  • Director appointment, Gilles Clarebout (director)
  • Director reappointment, Clarebout Jan (director)
  • Director reappointment, Yves Capoen (director)
  • Board composition, Clarebout Jan (administrateur, administrateur délégué et président du conseil d'administration)
  • Board composition, Gilles Clarebout (director)
  • Board composition, Yves Capoen (director)
15-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
State Gazette act Reappointment: Ernst & Young Réviseurs d'Entreprises (statutory auditor)
Permanent representative: Leen Defour · Director discharge5 facts ▸
  • General meeting, 18-06-2021
  • Director discharge, CLF LOGISTICS
  • Director discharge, CLF LOGISTICS
  • Auditor reappointment, Ernst & Young Réviseurs d'Entreprises
  • Permanent representative, Leen Defour
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial Back to profitnet €38,273
Net result €38,273 after one loss-making year.
18-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 18 days late
2019
31-12
Financial Weakest financial yearnet -€24,616
Net result drops to -€24,616, the lowest in the series; recovery starts the following year.
13-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 13 days late
02-04
State Gazette act Reappointment: Ernst & Young, Assurance Services (statutory auditor)
Director discharge4 facts ▸
  • General meeting, 15-06-2018
  • Director discharge, CLF LOGISTICS
  • Director discharge, Ernst & Young, Assurance Services
  • Auditor reappointment, Ernst & Young, Assurance Services
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
12-12
State Gazette act Resignation: Marian Lein (director)
Appointment: Yves Capoen (director) · Director discharge7 facts ▸
  • General meeting, 16-06-2017
  • Director discharge, CLF LOGISTICS
  • Director resignation, Marian Lein (director)
  • Director appointment, Yves Capoen (director)
  • Board composition, Jan Clarebout (administrateur délégué, administrateur et président du conseil d'administration)
  • Board composition, Raphaël Clarebout (managing director and director)
  • Board composition, Yves Capoen (director)
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
27-03
State Gazette act Reappointments: Jan Clarebout, Raphaël Clarebout and Marian Lein
Appointments: Jan Clarebout (managing director) and Raphaël Clarebout (managing director) · Director discharge9 facts ▸
  • General meeting, 17-06-2016
  • Director discharge, CLF LOGISTICS
  • Director reappointment, Jan Clarebout (director)
  • Director reappointment, Raphaël Clarebout (director)
  • Director reappointment, Marian Lein (director)
  • Board meeting, 17-06-2016
  • Director appointment, Jan Clarebout (managing director)
  • Director appointment, Jan Clarebout (chair of the board)
  • Director appointment, Raphaël Clarebout (managing director)
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
12-11
State Gazette act Reappointment: Ernst & Young Assurance Services (statutory auditor)
2 facts ▸
  • General meeting, 19/06/2015
  • Auditor reappointment, Ernst & Young Assurance Services
2010
20-09
State Gazette act Reappointments: Jan Clarebout (director) and Raphaël Clarebout (director)
Appointments: Marian Lein, Jan Clarebout and Raphaël Clarebout · Director discharge · Mandate compensation10 facts ▸
  • General meeting, 05-04-2010
  • Director discharge, CLF LOGISTICS
  • Director reappointment, Jan Clarebout (director)
  • Director reappointment, Raphaël Clarebout (director)
  • Director appointment, Marian Lein (director)
  • Mandate compensation, CLF LOGISTICS
  • Board meeting, 05-04-2010
  • Director appointment, Jan Clarebout (managing director)
  • Director appointment, Jan Clarebout (chair of the board)
  • Director appointment, Raphaël Clarebout (managing director)
08-07
State Gazette act Annee Comptable
Statutes amendment · Power of attorney4 facts ▸
  • General meeting, 23-06-2010
  • Statutes amendment
  • Statutes amendment
  • Power of attorney, Henri THEVELIN
2004
24-12
State Gazette act Registered office · Capital & shares · Purpose · Statutes amendment · Resignations & appointments
Name change · Registered-office move · Purpose change6 facts ▸
  • General meeting, 29-11-2004
  • Name change, CLF logistics
  • Registered-office move, Chemin de Langemarcq 2, 7780 Comines-Warneton
  • Purpose change, La société a pour but: soit pour compte propre ou pour compte de tiers, ou en participation avec des tiers, comme commissionnaire ou en tant que représentant, e…
  • Capital increase, €719.013,31
  • Share issue, actions sans désignation de valeur nominale, 1235
17-05
State Gazette act Appointment: Jan Clarebout (chair of the board)
2 facts ▸
  • Board meeting, 16-04-2004
  • Director appointment, Jan Clarebout (chair of the board)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
19 of 19 acts read

Directors · office · real estate

Directors
3 directors, 2 in day-to-day management, no change since 2026

Board 3

Gert Masselus
Director · since 31-10-2025
Current
Graham Dugdale
Director · since 31-10-2025
Current
Yves Capoen
Director · since 31-10-2025
Current

Day-to-day management 2

Graham Dugdale
Managing director · since 31-10-2025
Current
Gert Masselus
Managing director · since 19-12-2025
Current

Statutory auditor 1

KPMG Réviseurs d'Entreprises
Statutory auditor · since 27-03-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Comines-Warneton · 1 establishment unit since 1995
seat establishment approximate The establishment unit on the map
Ground area
3.0 ha
Building footprint
5,235 m²
Volume, LiDAR
3,194 m³
2 parcels, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
P.L.K.
Langemarkweg(KOM) sn, 7780 Comines-WarnetonNACE 63121
since 19952.061.266.232
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54002C1038/00G004 Wallonia 2.5 ha 1 · 4,692 m² -
54002C1090/00G000 Wallonia 4,806 m² 1 · 543 m² 6.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

12 people since 2004, 4 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Yves Capoen
  • Director, from 16-06-2017 to 01-12-2023
  • Non-statutory director, already before 11-01-2024 to 31-10-2025
  • Director, from 31-10-2025 to date
Gert Masselus
  • Director, from 31-10-2025 to date
  • Managing director, from 19-12-2025 to date
Graham Dugdale
  • Director, from 31-10-2025 to date
  • Managing director, from 31-10-2025 to date
KPMG Réviseurs d'Entreprises
  • Statutory auditor, from 27-03-2026 to date
Ernst & Young Bedrijfsrevisoren
  • Statutory auditor, from 18-06-2021 to 27-03-2026
Erik Brandenburg
  • Director, from 31-10-2025 ended, last mentioned 12-12-2025
  • Managing director, from 31-10-2025 to 12-01-2026
James Alderman
  • Director, from 31-10-2025 ended, last mentioned 12-12-2025
  • Managing director, from 31-10-2025 to 12-01-2026
Clarebout Gilles
  • Director, from 17-06-2022 to 01-12-2023
  • Non-statutory director, already before 11-01-2024 to 31-10-2025
Jan Clarebout
  • Chair of the board, from 16-04-2004 ended, last mentioned 17-05-2004
  • Director, already before 05-04-2010 to 01-12-2023
  • Managing director, from 01-12-2023 to 31-10-2025
  • Non-statutory director, already before 11-01-2024 to 31-10-2025
Raphaël Clarebout
  • Director, already before 05-04-2010 to 21-10-2022
  • Director, until 21-10-2022
ERNST & YOUNG ASSURANCE SERVICES
  • Auditor, from 12-11-2015 to 18-06-2021
Marian Lein
  • Director, from 05-04-2010 to 04-01-2017
See the board, name and seat on a given date →

Articles of association

Financial year
From 1 September to 31 August
Annual meeting
The first on 05-02-2027 at 11:30
Purpose
Toute activité d'expédition et d'envoi ainsi que l'affrètement, le chargement et le déchargement de navires et bateaux, de wagons de chemin de fer, d'avions, de camions et de…
Full purpose

Toute activité d'expédition et d'envoi ainsi que l'affrètement, le chargement et le déchargement de navires et bateaux, de wagons de chemin de fer, d'avions, de camions et de camionnettes; tous traitements de manutention et d'entreposage de toutes marchandises; toutes opérations de transport de choses, de marchandises au détail et de combustible, comme l'affrètement, les déménagements et toutes opérations d'entreprise de transport et des actes apparentés, et ceci aussi bien à l'intérieur du pays, en transit qu'à l'étranger; l'importation, l'exportation, le commerce et le transport de pommes de terre et de tous autres biens de consommation, de matières premières, de produits semi-finis et de produits manufacturés; le travail, la préparation, la congélation, l'emballage, le tri, le stockage, pour compte propre ou pour le compte de tiers, de pommes de terre, de produits de pommes de terre, de légumes, de viandes et poissons et généralement de tous produits alimentaires; la prise de participations dans d'autres sociétés et entreprises; l'administration, l'accompagnement, la gestion, le conseil et le contrôle d'entreprises et de succursales ; l'administration de sociétés au sens le plus large; le placement, la gestion et l'exploitation de valeurs mobilières et immobilières et de biens, le financement d'investissements, soit pour compte propre, soit pour le compte de tiers; l'exécution ou la sous-traitance de recherches en ce qui concerne les entreprises dans tous domaines techniques, comme le marketing, la production, les techniques d'entreprises, etcetera; les conseils aux entreprises sur le plan juridique et fiscal, autant que ceci soit admis légalement, dans le domaine du management et de l'informatisation en ce qui concerne l'organisation comptable et administrative, ainsi que l'introduction, le suivi et l'exécution de ces conseils; de donner des avis de management dans les domaines du marketing, de la production, des finances, de la direction administrative et commerciale, du développement des projets d'organisation dans l'entreprise; la location et la mise en location, la construction et la reconstruction, l'achat et la vente, le lotissement de biens immeubles, ainsi que la négociation de tous matériaux et de biens meubles relatifs à ces activités, même si ceux-ci n'ont pas de lien direct avec l'objet social; la prise de participations majoritaires et/ou minoritaires dans des entreprises existantes ou à créer, la fourniture de moyens financiers, le développement d'études de rendement et d'études techniques, la création de prototypes, de nouveaux produits et de marchés, et les activités de commissionnaires.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

The accounts to 31-12-2021 list no holdings, and no other source names one.

According to the 2021 annual accounts of CLF Logistics and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

7 connected companies
Linked via shared directors
CL WARNETON
via Yves Capoen · Director
→
CLAREBOUT
via Yves Capoen · Director
→
→
GRAMYBEL
via Yves Capoen · Director
→
Show 3 more companies with a shared director
MYDIBEL
via Yves Capoen · Director
→
MYDIBEL FRESH
via Yves Capoen · Director
→
TRANSMYL
via Yves Capoen · Director
→

Capital and shareholders

Shareholders according to the acts
Share transfer act of 17-12-2025 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 11-01-2024 Capital stated in the act · 750,000 EUR · 2,485 shares
  2. 24-12-2004 Capital increase of 719,013.31 EUR · to 750,000 EUR · 1,235 new shares

Recognitions · licences · registrations

Food safety, FASFC

1 site
Comines-Warneton/Komen-Waasten2.061.266.232
3 permissions
Toelating · Gekoelde opslag levensmiddelen · since 01-01-2006
Toelating · Opslag kamer t° levensmiddelen · since 01-01-2006
Toelating · Verpakker levensmiddelen · since 01-01-2006

Similar companies · same sector, comparable size

Of 1,031 companies in sector 52100 we hold annual accounts for 769. 449 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded09-04-1992
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0447149610
Also 9925:BE0447149610

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.