EFFICIENT LOGISTICS SERVICES

Active

Private limited companyfounded 201511 yrs activeFond Jean Pâques 6, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0598.997.863

EFFICIENT LOGISTICS SERVICES has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €303k and a net result of €192k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 1851 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2025

57 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability83▼-16

Solvency43▲+13

Growth78=

Track record100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €17k at 30 days acceptable

Liquidity tight (current ratio 1.03 against 0.82 in 2024; short-term debt: 53.3% and cash: 4.7% of total assets), and 82% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

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

18%

Return on assets

11.4%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1851 sector peers (2025).

NBB · sector comparison

Position among 1851 sector peers

Solvency

better than 23%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

10 d late

2024

25 d late

2023

29 d late

2022

70 d late

2021

5 d early

2020

31 d early

2019

18 d early

← before the deadline after the deadline →

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

23-09-2026 today31-12-2026 close31-07-2027 deadline

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, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€192k▼ 62.8%

2024 · €516k

2018: €18k 2019: €-53k 2020: €30k 2021: €9k 2022: €-825k 2023: €246k 2024: €516k

2018 → 2025

Working capital

€26k

2024 · €-255k

2018: €-45k 2019: €-29k 2020: €-118k 2021: €-428k 2022: €-1.35M 2023: €-726k 2024: €-255k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€175k-€-650k€-404k▲ 37.8%€111k€303k▲ 172%

Operating result€19k-€-696k€321k€611k▲ 90.2%€299k▼ 51.1%

Net result€9k-€-825k€246k€516k▲ 110%€192k▼ 62.8%

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 51% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.69M

45.2%

54.8%

Fixed assets €762k▼ 25.1%

Current assets €926k▼ 18.1%

Equity and liabilities €1.69M

18.0%

82.0%

Equity €303k▲ 172%

Debt €1.39M▼ 32.0%

The debt ratio falls from 94.8% to 82.0%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€655k▼

2024 · €895k

Cash flow

€548k▼

2024 · €800k

Solvency

18.0%▲

2024 · 5.2%

Current ratio

1.03▲

2024 · 0.82

Quick ratio

1.03▲

2024 · 0.82

Debt / equity

4.57▼

2024 · 18.27

ROE

63.2%▼

2024 · 462.6%

ROA

11.4%▼

2024 · 24.0%

Interest coverage

10.01▲

2024 · 9.39

Debt

€1.39M▼

2024 · €2.04M

Debt ≤ 1 year

€900k▼

2024 · €1.39M

Debt > 1 year

€485k▼

2024 · €651k

Income taxes

€42k▲

2024 · €191

Staff costs

€1.14M▲

2024 · €1.10M

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€2.15M€1.69M▼

Formation expenses20€325€0▼

Fixed assets21/28€1.02M€762k▼

Intangible fixed assets21€124k€100k▼

Tangible fixed assets22/27€831k€599k▼

Plant, machinery and equipment23€15k€12k▼

Furniture and vehicles24€49k€19k▼

Leasing and similar rights25€734k€526k▼

Other tangible fixed assets26€33k€42k▲

Financial fixed assets28€62k€64k▲

Current assets29/58€1.13M€926k▼

Amounts receivable within one year40/41€1.00M€754k▼

Trade receivables40€946k€750k▼

Other amounts receivable41€59k€4k▼

Cash at bank and in hand54/58-€80k

Deferred charges and accrued income490/1€126k€92k▼

Equity and liabilities

Total equity and liabilities10/49€2.15M€1.69M▼

Equity10/15€111k€303k▲

Contributions10/11€376k€376k=

Profit (loss) carried forward14€-264k€-72k▲

Amounts payable17/49€2.04M€1.39M▼

Amounts payable after more than one year17€651k€485k▼

Financial debts170/4€651k€485k▼

Amounts payable within one year42/48€1.39M€900k▼

Current portion of amounts payable after more than one year42€306k€225k▼

Financial debts43€181k€133k▼

Credit institutions430/8€181k-

Other loans439-€133k

Trade debts44€289k€290k▲

Suppliers440/4€289k€290k▲

Taxes, remuneration and social security45€594k€220k▼

Taxes450/3€218k€78k▼

Remuneration and social security454/9€375k€142k▼

Other amounts payable47/48€16k€31k▲

Income statement Code20242025

Non-recurring operating income76A€4k€0▼

Remuneration, social security and pensions62€1.10M€1.14M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€284k€357k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€13k€992▼

Other operating charges640/8€128k€21k▼

Non-recurring operating charges66A-€37k

Gross operating margin9900€2.14M€1.86M▼

Operating profit (loss)9901€611k€299k▼

Financial income75/76B€157€75▼

Recurring financial income75€157€75▼

Financial charges65/66B€95k€65k▼

Recurring financial charges65€95k€65k▼

Profit (loss) for the period before taxes9903€516k€233k▼

Income taxes67/77€191€42k▲

Profit (loss) for the period9904€516k€192k▼

Profit (loss) for the period to be appropriated9905€516k€192k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-264k€-72k▲

Profit (loss) brought forward from the previous period14P€-780k€-264k▲

Social balance

Average headcount (FTE)908717.916.9▼

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 17Financial 7Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

10-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 10 days late

2025

31-12

Financial Equity above €200kEq €303k ▲172%

3 profitable years in a row build equity to €303k.

25-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 25 days late

2024

31-12

Financial Highest result since 2018net €516k ▲110%

Operating result €611k, net result €516k, both a record.

31-12

Financial Equity above €100kEq €111k

2 profitable years in a row build equity to €111k.

29-08

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 29 days late

2023

31-12

Financial Back to profitnet €246k

Net result €246k after one loss-making year.

09-10

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 70 days late

2022

31-12

Financial Weakest financial yearnet €-825k ▼8845%

Net result drops to €-825k, the lowest in the series; recovery starts the following year.

26-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €30k

Net result €30k after one loss-making year.

31-12

Financial Equity above €150kEq €165k ▲370%

Equity rises from €35k to €165k.

13-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

27-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 58 days late

2017

26-09

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 57 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2020

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

28-12-2020 Resigned as Manager

Location & real-estate footprint

Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2020

establishment approximate 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.

Fond Jean Pâques 61348 Ottignies-Louvain-la-Neuve

Ground area

7,137 m²

Building footprint

3,898 m²

Volume, LiDAR