Skip to content

Double You Logistics

Active
Private limited companyfounded 201411 yrs activeDe Regenboog 5, 2800 Mechelen, BelgiumKBO/BCE: BE 0506.881.418

Double You Logistics has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174k and a net result of €3k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 4527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
58 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+59
Solvency69▼-22
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 2.31 in 2024; short-term debt: 55.7% and cash: 3.6% of total assets), and 55.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies more bankruptcies →
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
44.2%
Return on assets
0.8%
Age of the figures
9 mo
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
elevated failure risk from 2 to 8 years 11 years 0 20 y
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
19 d early
2023
1 d early
2022
3 d early
2021
26 d late
2020
1 d early
2019
on the day
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Turnover
€864k
EBIT margin
14.8%
Net result
€3k
2024 · €-23k
2018: €4k 2019: €3k 2020: €3k 2021: €110k 2022: €113k 2023: €46k 2024: €-23k
2018 → 2025
Working capital
€39k▼ 64.3%
2024 · €108k
2018: €68k 2019: €90k 2020: €63k 2021: €171k 2022: €104k 2023: €93k 2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€864k-
Equity€165k-€178k▲ 8.2%€194k▲ 8.7%€171k▼ 11.9%€174k▲ 1.8%
Operating result€128k-€131k▲ 2.1%€52k▼ 60.0%€-20k€9k
Net result€110k-€113k▲ 2.4%€46k▼ 59.5%€-23k€3k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2021: €128k€128kNet result 2021: €110k€110kOperating result 2022: €131k€131kNet result 2022: €113k€113kOperating result 2023: €52k€52kNet result 2023: €46k€46kOperating result 2024: €-20k€-20kNet result 2024: €-23k€-23kOperating result 2025: €9k€9kNet result 2025: €3k€3k20212022202320242025
The operating result returns to profit in 2025: €9k after a loss of €20k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €393k
Fixed assets €135k▲ 101%
Current assets €258k▲ 34.8%
Equity and liabilities €393k
Equity €174k▲ 1.8%
Debt €219k▲ 149%
The debt ratio rises from 34.0% to 55.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€39k
2024 · €1k
Cash flow
€33k
2024 · €-2k
Solvency
44.2%
2024 · 66.0%
Current ratio
1.18
2024 · 2.31
Quick ratio
1.18
2024 · 2.31
Debt / equity
1.26
2024 · 0.52
ROE
1.8%
2024 · -13.6%
ROA
0.8%
2024 · -9.0%
Interest coverage
17.16
2024 · 0.38
Debt
€219k
2024 · €88k
Debt ≤ 1 year
€219k
2024 · €83k
Income taxes
€4k
2024 · €92
Staff costs
€231k
2024 · €234k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€258k€393k
Fixed assets21/28€67k€135k
Tangible fixed assets22/27€66k€134k
Land and buildings22€17k€12k
Plant, machinery and equipment23€9k€8k
Furniture and vehicles24€23k€98k
Other tangible fixed assets26€16k€16k=
Financial fixed assets28€1k€1k=
Current assets29/58€191k€258k
Amounts receivable within one year40/41€119k€236k
Trade receivables40€96k€225k
Other amounts receivable41€23k€11k
Cash at bank and in hand54/58€63k€14k
Deferred charges and accrued income490/1€9k€7k
Equity and liabilities
Total equity and liabilities10/49€258k€393k
Equity10/15€171k€174k
Contributions10/11€21k€21k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€147k€151k
Amounts payable17/49€88k€219k
Amounts payable within one year42/48€83k€219k
Trade debts44€57k€179k
Suppliers440/4€57k€179k
Taxes, remuneration and social security45€26k€40k
Taxes450/3€5k€16k
Remuneration and social security454/9€20k€24k
Accrued charges and deferred income492/3€5k€160
Income statement Code20242025
Remuneration, social security and pensions62€234k€231k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€30k
Other operating charges640/8€20k€13k
Non-recurring operating charges66A€2k-
Gross operating margin9900€258k€283k
Operating profit (loss)9901€-20k€9k
Financial income75/76B-€60
Recurring financial income75-€60
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€-23k€7k
Income taxes67/77€92€4k
Profit (loss) for the period9904€-23k€3k
Profit (loss) for the period to be appropriated9905€-23k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€147k€151k
Profit (loss) brought forward from the previous period14P€171k€147k
Social balance
Average headcount (FTE)90875.0-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
12-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €-23k ▼151%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €113k ▲2.4%
Operating result €131k, net result €113k, both a record.
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial Equity above €150kEq €165k ▲65%
4 profitable years in a row build equity to €165k.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

De Regenboog 52800 Mechelen
Ground area
8,690 m²
Building footprint
4,603 m²
Volume, LiDAR
32,790 m³
Parcel 12403E0854/00G003, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Double You Logistics (DYL)
De Regenboog 5, 2800 MechelenWarehousing and support activities for transportation
since 20142.237.655.485
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12403E0854/00G003 Flanders 8,690 m² 1 · 4,603 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,605 companies in sector 49410 we hold annual accounts for 8,195. 6,281 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-12-2014
Fiscal year end31-12
Abbreviation NL DYL
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
E-mail:accounting@wlogistics.be
Establishment Mechelen 2.237.655.485
Phone:+3215.480.325
Establishment Mechelen 2.237.655.485
Fax:+3215.404.319
Establishment Mechelen 2.237.655.485