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Combined Logistic Services

Active
Public limited companyfounded 20223 years activeStraatsburgdok-Noordkaai 3, 2030 Antwerpen, BelgiumKBO/BCE: BE 0792.274.719
Summary

Combined Logistic Services has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €597,263 and a net result of €268,516. Equity is growing by ~64.6% per year across the filed fiscal years. Its solvency ranks better than 89% of 849 sector peers (NACE 52, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Logistics services
NACE 52250Warehousing and support activities for transportation NACE 52260
1 site
Size
€717,407total assets 2025
Staff
0.1 FTE
Equity
€597,263
Profit
€268,516
Net result +72%: other schema
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
JDC Consult · 20%
Accounts 3 days early0 of 3 deeds read
Why 93- 1 change of registered office in 24 months- Founded in 2022+ Liquidity: current ratio 6.89, cash €422,414+ Figures for FY 2025 (filed 28-07-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 91% of its sector peers (NACE 52, micro)
Financial strength · tick = 2024
Strong
Solvency 100+10
equity 83.3% of total assets
Liquidity 98+31
short-term debt 13.7% · cash 58.9%
Profitability 100=
return on assets 37.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,293 companies)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.1%▲ +0.2 percentage points vs 03-2025 05-2025: 1.3%▲ +0.2 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.9%▼ -0.5 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%▲ +0.3 percentage points vs 04-2026 06-2026: 1.1%▼ -0.2 percentage points vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▼ -1.0 percentage point vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 6.89 against 2.59 in 2024; short-term debt: 13.7% and cash: 58.9% of total assets), and 16.7% of the assets are financed with debt.
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 52, micro): better than 90% on solvency, 94% on liquidity, 93% on profitability and 88% on growth.

The bankruptcy probability was computed on 07-10-2026 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.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 6.89, cash €422,414
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Figures for FY 2025 (filed 28-07-2026)
NBB · annual accounts
raises risk · Founded in 2022
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
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 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
3 days early
2024
7 days early
2023
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Highest result since 2023net €268,516 ▲72%
  3. Liquidity triplescurrent ratio 6.89

Key points

  • Positive: Equity rose in 2025from €328,747 to €597,263 ▲ 81.7% View
  • Positive: Among the best 12% on solvencysector median 37.5% · 849 companies 83.3% View
  • Total assets 20253 fiscal years filed €717,407 View

By topic

Financials

Fiscal year
2025
Total assets
€717,407
Profit
€268,516
Solvency
83.3%
Total assets▲ 41.7%
Net result
20232025
Go to Financials

Timeline

Events
7
Since
2024
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €500,000
  2. 24-07-2025Annual accounts filed
  3. 31-12-2024Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Logistics servicesNACE 52250
Founded
10-10-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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