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DEN LOGISTICS

Active
Private limited companyfounded 20251 yr activeVroonbaan 40, 1880 Kapelle-op-den-Bos, BelgiumKBO/BCE: BE 1020.957.266
Summary

The computed 12-month bankruptcy probability of DEN LOGISTICS is 2.7% (moderate). The 2025 annual accounts show equity of €112,676 and a net result of €110,676. Its solvency ranks better than 60% of 493 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency69
Growth-
Track record67
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.71; short-term debt: 56.5% and cash: 18.6% of total assets), but 56.5% of the assets are financed with debt.
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Signals

Four 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 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.5%
Return on assets
42.8%
Age of the figures
9 mo
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 11-07-2026, 20 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
20 d early
← before the deadline after the deadline →
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 12 March 2025, DEN LOGISTICS was incorporated as a Private limited company.1 In 2026 the registered office moved to Kapelle-Op-Den-Bos.2 The company has filed annual accounts once, for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 31-07-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€112,676
Total assets
€258,816
Net result
€110,676
Working capital
€103,194

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €258,816
Fixed assets €9,482
Current assets €249,335
Equity and liabilities €258,816
Equity €112,676
Debt €146,141
Debt finances 56.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€143,601
Cash flow
€112,266
Current ratio
1.71
Debt to equity
1.30
ROE
98.2%
ROA
42.8%
Interest coverage
4739.30
Debt ≤ 1 year
€146,141
Income taxes
€31,304

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 1.8%
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 11,280 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 · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€258,816
Fixed assets21/28€9,482
Tangible fixed assets22/27€9,482
Plant, machinery and equipment23€2,993
Furniture and vehicles24€6,267
Other tangible fixed assets26€222
Current assets29/58€249,335
Amounts receivable within one year40/41€199,223
Trade receivables40€188,201
Other amounts receivable41€11,022
Cash at bank and in hand54/58€48,046
Deferred charges and accrued income490/1€2,066
Equity and liabilities
Total equity and liabilities10/49€258,816
Equity10/15€112,676
Contributions10/11€2,000
Profit (loss) carried forward14€110,676
Amounts payable17/49€146,141
Amounts payable within one year42/48€146,141
Trade debts44€110,042
Suppliers440/4€110,042
Taxes, remuneration and social security45€36,098
Taxes450/3€36,098
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,590
Other operating charges640/8€1,107
Gross operating margin9900€144,707
Operating profit (loss)9901€142,010
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€141,980
Income taxes67/77€31,304
Profit (loss) for the period9904€110,676
Profit (loss) for the period to be appropriated9905€110,676
Appropriation of the result
Profit (loss) to be appropriated9906€110,676

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,590
Other operating charges640/8€1,107
Gross operating margin9900€144,707
Operating profit (loss)9901€142,010
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€141,980
Income taxes67/77€31,304
Profit (loss) for the period9904€110,676
Profit (loss) for the period to be appropriated9905€110,676
Line2025
Assets
Total assets20/58€258,816
Fixed assets21/28€9,482
Tangible fixed assets22/27€9,482
Plant, machinery and equipment23€2,993
Furniture and vehicles24€6,267
Other tangible fixed assets26€222
Current assets29/58€249,335
Amounts receivable within one year40/41€199,223
Trade receivables40€188,201
Other amounts receivable41€11,022
Cash at bank and in hand54/58€48,046
Deferred charges and accrued income490/1€2,066
Equity and liabilities
Total equity and liabilities10/49€258,816
Equity10/15€112,676
Contributions10/11€2,000
Profit (loss) carried forward14€110,676
Amounts payable17/49€146,141
Amounts payable within one year42/48€146,141
Trade debts44€110,042
Suppliers440/4€110,042
Taxes, remuneration and social security45€36,098
Taxes450/3€36,098
Line2025
Profit (loss) for the period9904€110,676
+ Depreciation and write-downs630€1,590
Operating cash flow (approximation)€112,266

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
31-07
State Gazette act Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 22-06-2026
  • Registered-office move, Vroonbaan 40 1880 KAPELLE-OP-DEN-BOS
  • Director in office, HRISTOV Denis (director)
11-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kapelle-op-den-Bos · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
7,341 m²
Building footprint
3,673 m²
Volume, LiDAR
794 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
DEN LOGISTICS
Schoondonkweg 18, 2830 WillebroekOther postal and courier activities
since 20252.371.554.186
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12036B0282/00E000 Flanders 6,767 m² 1 · 3,527 m² -
23056B0333/00G002 Flanders 574 m² 1 · 146 m² 8.2 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.

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT
since 09-05-2025

Similar companies · same sector, comparable size

Of 4,916 companies in sector 53200 we hold annual accounts for 1,324. 1,019 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020957266
Also 9925:BE1020957266
Registered 10-12-2025

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

Register as of 30 September 2026 · Peppol Directory

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