EFL GLOBAL
ActiveSummary
EFL GLOBAL has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€131,329) and a net result of -€113,847. Equity is shrinking by ~20% per year across the filed fiscal years. Its solvency ranks better than 9% of 733 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 7 accounts on average 73 days after 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)
History
On 12 January 2012, EFL GLOBAL was incorporated by Alaska International Holdings, Inc. and Lynden Services, Inc., with a starting capital of EUR 100,000.12 The registered office moved to Brucargo in 2012 and to Machelen in 2014.34 A capital increase in 2017 brought the capital to EUR 810,000.5 Since 2020 the company has been called EFL GLOBAL.6 Of the 2 current board members, Fernando WATTORUTHANTRIGE DIVANKE JUDE has served longest, since 2025.7 Total assets went from EUR 1.5 million in 2018 to EUR 2.5 million in 2025 and headcount from 7.3 to 7.3 full-time equivalents.8
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Financials · fiscal year 2025, abbreviated 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 2,332 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,340 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% | 1.8% |
| 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 2,332 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €925,266 | €1.1m | €925,349 | €1.0m | ▲ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,470 | €7,209 | €8,124 | €8,083 | €6,463 | ▼ 20.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €6,604 | €18,574 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | €91 | €0 | - | - |
| Gross operating margin9900 | €793,828 | €978,443 | €900,342 | €534,448 | €915,165 | ▲ 71.2% |
| Operating profit (loss)9901 | -€81,326 | €45,968 | -€218,198 | -€417,557 | -€94,576 | ▲ 77.4% |
| Financial charges65/66B | - | €40,954 | €52,583 | €95,363 | €18,962 | ▼ 80.1% |
| Recurring financial charges65 | €23,102 | €40,954 | €52,583 | €95,363 | €18,962 | ▼ 80.1% |
| Profit (loss) for the period before taxes9903 | -€104,428 | €5,014 | -€270,781 | -€512,920 | -€113,539 | ▲ 77.9% |
| Income taxes67/77 | €0 | €248 | €759 | €860 | €309 | ▼ 64.1% |
| Profit (loss) for the period9904 | -€104,428 | €4,766 | -€271,540 | -€513,780 | -€113,847 | ▲ 77.8% |
| Profit (loss) for the period to be appropriated9905 | -€104,428 | €4,766 | -€271,540 | -€513,780 | -€113,847 | ▲ 77.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €3.4m | €2.2m | €1.8m | €2.5m | ▲ 36.2% |
| Fixed assets21/28 | €16,931 | €20,114 | €18,695 | €16,888 | €22,579 | ▲ 33.7% |
| Tangible fixed assets22/27 | €16,782 | €17,006 | €15,587 | €7,504 | €8,196 | ▲ 9.2% |
| Plant, machinery and equipment23 | - | €13,629 | €13,608 | €6,922 | €8,196 | ▲ 18.4% |
| Furniture and vehicles24 | - | €3,377 | €1,979 | €582 | €0 | ▼ 100% |
| Financial fixed assets28 | €149 | €3,108 | €3,108 | €9,383 | €14,383 | ▲ 53.3% |
| Current assets29/58 | €1.5m | €3.4m | €2.2m | €1.8m | €2.5m | ▲ 36.2% |
| Stocks and contracts in progress3 | - | €12,026 | €4,725 | €0 | €3,335 | - |
| Stocks30/36 | - | €12,026 | €4,725 | €0 | €3,335 | - |
| Amounts receivable within one year40/41 | €1.1m | €3.2m | €1.7m | €1.5m | €2.3m | ▲ 50.8% |
| Trade receivables40 | - | €3.2m | €1.1m | €915,358 | €2.3m | ▲ 150% |
| Other amounts receivable41 | - | €20,346 | €613,045 | €612,399 | €11,774 | ▼ 98.1% |
| Cash at bank and in hand54/58 | €358,540 | €176,198 | €539,245 | €276,095 | €148,070 | ▼ 46.4% |
| Deferred charges and accrued income490/1 | - | €18,879 | €11,583 | €23,519 | €34,721 | ▲ 47.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €3.4m | €2.2m | €1.8m | €2.5m | ▲ 36.2% |
| Equity10/15 | €763,072 | €767,838 | €496,299 | -€17,482 | -€131,329 | ▼ 651% |
| Contributions10/11 | - | €816,800 | €816,800 | €816,800 | €816,800 | = |
| Profit (loss) carried forward14 | -€53,728 | -€48,962 | -€320,501 | -€834,282 | -€948,129 | ▼ 13.6% |
| Amounts payable17/49 | €749,783 | €2.7m | €1.8m | €1.9m | €2.6m | ▲ 42.0% |
| Amounts payable after more than one year17 | - | - | €400,000 | €0 | - | - |
| Financial debts170/4 | - | - | €400,000 | €0 | - | - |
| Amounts payable within one year42/48 | €727,024 | €2.6m | €1.3m | €1.9m | €2.6m | ▲ 42.0% |
| Financial debts43 | - | €300,000 | €0 | - | €75,000 | - |
| Credit institutions430/8 | - | €100,000 | €0 | - | €75,000 | - |
| Other loans439 | - | €200,000 | €0 | - | - | - |
| Trade debts44 | €686,163 | €1.8m | €539,121 | €614,734 | €1.7m | ▲ 169% |
| Suppliers440/4 | - | €1.8m | €539,121 | €614,734 | €1.7m | ▲ 169% |
| Taxes, remuneration and social security45 | - | €61,063 | €95,327 | €96,395 | €91,206 | ▼ 5.4% |
| Taxes450/3 | - | €248 | €759 | €860 | €309 | ▼ 64.1% |
| Remuneration and social security454/9 | - | €60,815 | €94,569 | €95,535 | €90,898 | ▼ 4.9% |
| Other amounts payable47/48 | - | €500,000 | €700,000 | €1.1m | €820,483 | ▼ 28.5% |
| Accrued charges and deferred income492/3 | - | €32,733 | €17,666 | €2,475 | €3,300 | ▲ 33.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€104,428 | €4,766 | -€271,540 | -€513,780 | -€113,847 | ▲ 77.8% |
| + Depreciation and write-downs630 | €22,470 | €7,209 | €8,124 | €8,083 | €6,463 | ▼ 20.0% |
| Operating cash flow (approximation) | -€81,957 | €11,975 | -€263,416 | -€505,697 | -€107,385 | ▲ 78.8% |
| Investment in fixed assets (approximation) | - | -€10,392 | -€6,705 | -€6,275 | -€12,155 | ▼ 93.7% |
| Change in cash | - | -€182,342 | €363,048 | -€263,151 | -€128,024 | ▲ 51.3% |
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
27-05
State Gazette act
Resignation: Annet van Hoogen (non-statutory director)Appointment: BV AMSC consulting (non-statutory director) · Permanent representative: Stijn Cools5 facts ▸
- General meeting, 27-02-2026
- Director resignation, Annet van Hoogen (non-statutory director)
- Director appointment, BV AMSC consulting (non-statutory director)
- Permanent representative, Stijn Cools (permanent representative)
- Other statement, daden die als daden van bestuur kunnen worden gekwalificeerd, bekrachtiging daden van bestuur
10-11
State Gazette act
Resignation: Mario Destoop (director)Appointment: Annet van Hoogen (director)3 facts ▸
- General meeting, 15-10-2025
- Director resignation, Mario Destoop (director)
- Director appointment, Annet van Hoogen (director)
03-10
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
- Board meeting, 18-09-2025
- Registered-office move, Bedrijvenzone Machelen-Cargo 738/1, 1830 Machelen
- Power of attorney, NV TITECA
29-09
State Gazette act
Appointments: PKF Bofidi Audit (statutory auditor) and Fernando WATTORUTHANTRIGE DIVANKE JUDE (director)Resignation: Hanif Yusoof (director)5 facts ▸
- General meeting, 04-06-2024
- Auditor appointment, PKF Bofidi Audit (statutory auditor)
- General meeting, 29-07-2025
- Director resignation, Hanif Yusoof (director)
- Director appointment, Fernando WATTORUTHANTRIGE DIVANKE JUDE (director)
05-05
State Gazette act
Appointment: EY Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
- General meeting, 22-03-2022
- Auditor appointment, EY Bedrijfsrevisoren BV (statutory auditor)
Show earlier events
01-09
State Gazette act
Assemblee Generale - Annee ComptableStatutes amendment · Accounting effect · Power of attorney5 facts ▸
- General meeting, 27-08-2020
- Statutes amendment
- Statutes amendment
- Accounting effect, 31-03-2021
- Power of attorney, TITECA ACCOUNTANCY
11-02
State Gazette act
Resignations: Mary Keller, John Kaloper and 2 othersDirector discharge9 facts ▸
- General meeting, 31-01-2020
- Director resignation, Mary Keller (director)
- Director resignation, John Kaloper (director)
- Director resignation, Everett Billingslea (director)
- Director resignation, Jon Burdick (director)
- Director discharge, Mary Keller
- Director discharge, John Kaloper
- Director discharge, Everett Billingslea
- Director discharge, Jon Burdick
07-02
State Gazette act
Resignation: DESTOOP Mario Gustaaf (manager)Appointments: DESTOOP Mario Gustaaf, HANIF Yusoof and SENTHILNATHAN Shanmugam · Name change · Statutes amendment14 facts ▸
- General meeting, 03-02-2020
- Name change, EFL GLOBAL
- Statutes amendment
- Reserve release, Statutair onbeschikbare eigen vermogensrekening opgeheven en middelen beschikbaar gemaakt voor uitkering
- Capital
- Director resignation, DESTOOP Mario Gustaaf (manager)
- Director discharge, DESTOOP Mario Gustaaf
- Director appointment, DESTOOP Mario Gustaaf (non-statutory director)
- Director appointment, HANIF Yusoof (non-statutory director)
- Director appointment, SENTHILNATHAN Shanmugam (non-statutory director)
- Mandate compensation, DESTOOP Mario Gustaaf
- Mandate compensation, HANIF Yusoof
- +2 further facts in this act
19-11
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 19-08-2019
- Registered-office move, bedrijvenzone Machelen Cargo 832, 1830 Machelen
09-01
State Gazette act
Capital & sharesCapital increase · Capital · Power of attorney6 facts ▸
- General meeting, 16-12-2016
- Capital increase, €710.000
- Capital, €810.000
- Power of attorney, NV Titeca Accountancy Brugge
- Article 332 status, article 332
- Auditor report date, 25-11-2016
15-07
State Gazette act
Resignation: Richardson David (non-statutory manager)Appointment: Kaloper John (non-statutory manager)3 facts ▸
- General meeting, 31-12-2015
- Director resignation, Richardson David (non-statutory manager)
- Director appointment, Kaloper John (non-statutory manager)
15-02
State Gazette act
Resignation: Annet Van Hoogen (non-statutory manager)Appointment: Mario Destoop (non-statutory manager)3 facts ▸
- General meeting, 30-12-2015
- Director resignation, Annet Van Hoogen (non-statutory manager)
- Director appointment, Mario Destoop (non-statutory manager)
03-02
State Gazette act
Resignation: Marcia Harper (manager)Appointment: Mary Keller (manager) · Registered-office move · Mandate compensation5 facts ▸
- General meeting, 30-08-2013
- Registered-office move, Brucargo 720 bus 5- 1830 Machelen
- Director resignation, Marcia Harper (manager)
- Director appointment, Mary Keller (manager)
- Mandate compensation, Mary Keller
16-02
State Gazette act
Statutes amendmentStatute translation · Capital · Related party4 facts ▸
- General meeting, 30-01-2012
- Statute translation, Vertaling van de statuten
- Capital, €100.000
- Related party, advocaat aangesteld op last van Alaska International Holdings, Inc.
15-02
State Gazette act
Resignation: PERRIN Clémence (manager)Appointment: Annet van HOOGEN (manager) · Registered-office move · Statutes amendment9 facts ▸
- General meeting, 30-01-2012
- Registered-office move, 1931 Brucargo (Zaventem), Brucargo Building numéro 735
- Statutes amendment
- Statutes amendment
- Director resignation, PERRIN Clémence (manager)
- Director discharge, PERRIN Clémence
- Director appointment, Annet van HOOGEN (manager)
- Power of attorney, la gérance
- Power of attorney, Gérard INDEKEU
23-01
State Gazette act
IncorporationAppointments: RICHARDSON David, BILLINGSLEA Everett and 3 others · Founding capital · Mandate compensation15 facts ▸
- Incorporation, 06-01-2012
- Founding capital, €100.000
- Director appointment, RICHARDSON David (manager)
- Director appointment, BILLINGSLEA Everett (manager)
- Director appointment, BURDICK Jon Ronald (manager)
- Director appointment, HARPER Marcia (manager)
- Director appointment, PERRIN Clémence (manager)
- Mandate compensation, RICHARDSON David
- Mandate compensation, BILLINGSLEA Everett
- Mandate compensation, BURDICK Jon Ronald
- Mandate compensation, HARPER Marcia
- Mandate compensation, PERRIN Clémence
- +3 further facts in this act
Directors · office · real estate
Board 2
2 not recently confirmed
Permanent representatives 1
Statutory auditor 1
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047C0426/00S000 | Flanders | 1.5 ha | 1 · 6,882 m² | 10.3 m · 2 fl. |
| 23047C0430/00C000 | Flanders | 9,629 m² | 1 · 4,195 m² | - |
Linked by address, not proof of ownership
Mandate history
- Board
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Fernando WATTORUTHANTRIGE DIVANKE JUDE |
|
| BV AMSC consulting |
|
| PKF Bofidi Audit |
|
| BURDICK Jon Ronald |
|
| SENTHILNATHAN Shanmugam |
|
| Annet van Hoogen |
|
| Mario Destoop |
|
| HANIF Yusoof |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| Everett Billingslea |
|
| John Kaloper |
|
| Jon Burdick |
|
| Mary Keller |
|
| RICHARDSON David |
|
| HARPER Marcia |
|
| PERRIN Clémence |
|
Articles of association
Full purpose
Elke activiteit in verband met bevrachten, logistiek, opslag, transport, alsook alle economische en financiële activiteiten die rechtstreeks of onrechtstreeks met deze activiteiten samenhangen.
Structure & network
Connections & network
1 connected companyThe connected companies are in the list below.
Capital and shareholders
- Alaska International Holdings, Inc. 80 shares · 80,000 EUR
- Lynden Services, Inc. 20 shares · 20,000 EUR
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 07-02-2020 Capital stated in the act · 810 shares
- 09-01-2017 Capital increase of 710,000 EUR · to 810,000 EUR · 710 new shares · in kind
- 16-02-2012 Capital stated in the act · 100,000 EUR · 100 shares
- 23-01-2012 Incorporation · 100,000 EUR · 100 shares
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,941 EUR awarded · 1,863 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 137 EUR | 98 EUR |
| 2024 | 1 | 292 EUR | 253 EUR |
| 2023 | 1 | 384 EUR | 384 EUR |
| 2022 | 1 | 1,128 EUR | 1,128 EUR |
Similar 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.