CLF Logistics
ActiveSummary
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).
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Signals
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)
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
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Financials · fiscal year 2024, full schema
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.
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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.
Timeline · acts, filings and financial milestones
21-08
State Gazette act
Statutes amendmentPower 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 & appointmentsPower 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 amendment5 facts ▸
- General meeting, 19-12-2025
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
17-12
State Gazette act
Capital & sharesShare 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 othersAppointments: 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
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)
11-01
State Gazette act
Resignations: Jan Clarebout, Yves Capoen and Gilles ClareboutReappointments: 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
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)
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
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
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)
27-03
State Gazette act
Reappointments: Jan Clarebout, Raphaël Clarebout and Marian LeinAppointments: 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)
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
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 ComptableStatutes amendment · Power of attorney4 facts ▸
- General meeting, 23-06-2010
- Statutes amendment
- Statutes amendment
- Power of attorney, Henri THEVELIN
24-12
State Gazette act
Registered office · Capital & shares · Purpose · Statutes amendment · Resignations & appointmentsName 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)
Directors · office · real estate
Board 3
Day-to-day management 2
Statutory auditor 1
1 establishment unit
2 parcels
| 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
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Yves Capoen |
|
| Gert Masselus |
|
| Graham Dugdale |
|
| KPMG Réviseurs d'Entreprises |
|
| Ernst & Young Bedrijfsrevisoren |
|
| Erik Brandenburg |
|
| James Alderman |
|
| Clarebout Gilles |
|
| Jan Clarebout |
|
| Raphaël Clarebout |
|
| ERNST & YOUNG ASSURANCE SERVICES |
|
| Marian Lein |
|
Articles of association
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 ownersOwners 2
- Jan CLAREBOUTnatural personSourceown accounts 202199.92%
- Werner VERSTRAETEnatural personSourceown accounts 20210.08%
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 companiesShow 3 more companies with a shared director
Capital and shareholders
- to Simplot Europe Holdings BV (BE 1025.409.863) all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 11-01-2024 Capital stated in the act · 750,000 EUR · 2,485 shares
- 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 siteSimilar companies · same sector, comparable size
Identification & contact
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.