F & K LOGISTICS
ActiveSummary
The computed 12-month bankruptcy probability of F & K LOGISTICS is 1.9% (moderate). The 2024 annual accounts show equity of €361,114 and a net result of -€24,079. Equity has been growing by about 2.8% per year since 2018. Its solvency ranks better than 29% of 1,855 sector peers (NACE 49, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-11-2008 Normal situation
- Activity
- Freight transport by road NACE 49410and 1 other
- Joint committees
- 140.04 Airport ground handling
- 226 White-collar workers in international trade, transport and logistics · annual accounts 2024
- Establishment units
- 2.174.905.393 9690 Kluisbergen, since 26-11-2008
- 2.307.091.352 9700 Oudenaarde, since 12-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Board and ownership
Board
- SANDRA Fangio Nico RinoDirector · since 29-11-2023
- Dieu-Donné SANDRADirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
Annual accounts 2024
- Gross margin
- €570,368
- ▼ 10.8%
- Turnover
- ≈ €1.2m
- estimated
- Loss
- €24,079
- Equity
- €361,114
- ▼ 31.1%
- Total assets
- €1.4m
- ▲ 10.7%
- Employees on 31-12-2024
- 7
- ▼ 22.2%
- 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 29-07-2025)Sector: Land transport and transport via pipelines (NACE 49)lowers riskLiquidity: current ratio 1.14, cash €404,218Founded in 2008Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 35% of micro companies in land transport (NACE 49)
Financial strength · tick: 2023
Average
Solvency
51-15
equity 25.7% of total assets
Liquidity
55-4
short-term debt 59.5% · cash 28.7%
Profitability
49-21
return on assets -1.7%
Bankruptcy probability within 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▼ -0.2 percentage points vs 07-2025lowest value
09-2025: 0.5%● unchanged vs 08-2025lowest value
10-2025: 0.5%● unchanged vs 09-2025lowest value
11-2025: 0.5%● unchanged vs 10-2025lowest value
12-2025: 0.5%● unchanged vs 11-2025lowest value
01-2026: 0.5%● unchanged vs 12-2025lowest value
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%▼ -0.1 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 1.0%▲ +0.4 percentage points vs 07-2026
09-2026: 1.3%▲ +0.3 percentage points vs 08-2026
10-2026: 1.9%▲ +0.6 percentage points vs 09-2026highest value
11-2026: 1.9%● unchanged vs 10-2026highest value
Credit of up to €19,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.14 (1.37 in 2023), below the usual 1.5. Short-term debt is 59.5% and cash 28.7% of total assets. 74.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 49, micro). It does better than 37% of them on solvency, 61% on liquidity, 26% on profitability and 16% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
2 days early
2023
28 days late
2022
28 days late
2021
31 days late
2020
43 days early
2019
39 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 1 day after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.
Annual accounts 2024 filed on 29-07-2025 PDF all 16 filings
Turnover
≈ €1.2m
Estimated: probably between €960,000 and €1.8m
Total assets
€1.4m▲ 10.7%
2023 · €1.3m
Net result
-€24,079
2023 · €15,756
Working capital
€117,198▼ 47.4%
2023 · €222,652
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
-€5,664
2024
20182024
Net result
-€24,079
2024
lowest quarter of the sector
20182024
Equity
€361,114
▼ 31.1%
2024
middle half of the sector
20182024
Total assets
€1.4m
▲ 10.7%
2024
middle half of the sector
20182024
Debt
€1.0m
▲ 40.0%
2024
20182024
Working capital
€117,198
▼ 47.4%
2024
middle half of the sector
20182024
Solvency
25.7%
▼ 15.5pp
2024
middle half of the sector
20182024
Current ratio
1.14
▼ 0.23
2024
middle half of the sector
20182024
Return on assets (ROA)
-1.7%
▼ 2.9pp
2024
lowest quarter of the sector
20182024
Staff (FTE)
6.8
▼ 12.8%
2024
middle half of the sector
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€0.2m-€0.2m▲ 2.8%€0.04m▼ 81.2%€0.02m▼ 60.9%€0.2m▲ 876%€0.04m▼ 71.8%-€0.006m
Net result€0.1m-€0.1m▲ 2.2%€0.03mabove the sector's middle half▼ 81.4%€0.009mwithin the sector's middle half▼ 67.5%€0.1mwithin the sector's middle half▲ 14×€0.02mwithin the sector's middle half▼ 86.4%-€0.02mbelow the sector's middle half
Equity€0.4m-€0.5m▲ 27.1%€0.5mabove the sector's middle half▲ 5.5%€0.5mwithin the sector's middle half▲ 1.7%€0.5mwithin the sector's middle half▲ 8.3%€0.5mwithin the sector's middle half▼ 3.9%€0.4mwithin the sector's middle half▼ 31.1%
Total assets€1.1m-€1.2m▲ 11.0%€1.0mabove the sector's middle half▼ 11.0%€1.1mwithin the sector's middle half▲ 8.8%€1.4mwithin the sector's middle half▲ 21.6%€1.3mwithin the sector's middle half▼ 8.2%€1.4mwithin the sector's middle half▲ 10.7%
Debt€0.7m-€0.7m▲ 2.4%€0.6m▼ 22.0%€0.6m▲ 15.2%€0.8m▲ 32.1%€0.7m▼ 11.1%€1.0m▲ 40.0%
Working capital€0.2m-€0.3m▲ 36.4%€0.4mabove the sector's middle half▲ 6.3%€0.3mwithin the sector's middle half▼ 29.5%€0.2mwithin the sector's middle half▼ 23.9%€0.2mwithin the sector's middle half▲ 16.1%€0.1mwithin the sector's middle half▼ 47.4%
Solvency34.8%-39.9%▲ 5.1pp47.2%within the sector's middle half▲ 7.4pp44.2%within the sector's middle half▼ 3.1pp39.3%within the sector's middle half▼ 4.8pp41.2%within the sector's middle half▲ 1.9pp25.7%within the sector's middle half▼ 15.5pp
Current ratio1.42-1.52▲ 0.111.69within the sector's middle half▲ 0.171.46within the sector's middle half▼ 0.231.32within the sector's middle half▼ 0.151.37within the sector's middle half▲ 0.061.14within the sector's middle half▼ 0.23
Return on assets (ROA)13.1%-12.0%▼ 1.0pp2.5%within the sector's middle half▼ 9.5pp0.8%within the sector's middle half▼ 1.8pp8.4%within the sector's middle half▲ 7.6pp1.2%within the sector's middle half▼ 7.1pp-1.7%below the sector's middle half▼ 2.9pp
Staff (FTE)2.1-2.9▲ 38.1%3.6within the sector's middle half▲ 24.1%4below the sector's middle half▲ 11.1%5.9within the sector's middle half▲ 47.5%7.8within the sector's middle half▲ 32.2%6.8within the sector's middle half▼ 12.8%
above
within
below
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a loss of €5,664, after a profit of €43,639 in 2023. It is the lowest result since 2018.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets
€452,590 =
Current assets
€955,103 ▲ 16.6%
Equity and liabilities €1.4m
Equity
€361,114 ▼ 31.1%
Debt
€1.0m ▲ 40.0%
Debt's share of the balance-sheet total rises from 58.8% to 74.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€73,160▼
2023 · €140,245
Cash flow
€54,745▼
2023 · €112,361
Debt to equity
2.90▲
2023 · 1.43
ROE
-6.7%▼
2023 · 3.0%
Interest coverage
3.90▼
2023 · 7.25
Debt ≤ 1 year
€837,905▲
2023 · €596,513
Debt > 1 year
€205,206▲
2023 · €145,099
Income taxes
€0▼
2023 · €9,861
Staff costs
€428,727▼
2023 · €475,644
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 6 | 9 | 7 |
| full-time | 2 | 5 | 7 | 5 |
| part-time | 1 | 1 | 2 | 2 |
| in full-time equivalents | 2.9 | 5.9 | 8.7 | 6.7 |
| Average over the year, in full-time equivalents | 4 | 5.9 | 7.8 | 6.8 |
| On a permanent contract | 3 | 6 | 7 | 7 |
| Joined | 3 | 9 | 10 | 4 |
| Left | 3 | 6 | 7 | 6 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | - | - | €12,423 | €12,423 |
| Mortgages, amount registered | €99,269 | €99,269 | €99,269 | €99,269 |
| Carrying value of the mortgaged assets | €65,948 | €57,618 | €49,288 | €40,957 |
Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €238,200 | €335,605 | €1,653 | €213,009 |
| Financial fixed assets | €3,669 | €5,000 | - | - |
| Depreciation and write-downs of the year | €47,617 | €53,671 | €96,606 | €78,823 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · €11,050 awarded · €10,336 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €695 | €372 |
| 2024 | 1 | €294 | €104 |
| 2023 | 1 | €630 | €429 |
| 2022 | 2 | €9,431 | €9,431 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €11,933 | €946 | €25,078 | ▲ 27× |
| Remuneration, social security and pensions62 | - | - | - | €214,604 | €386,836 | €475,644 | €428,727 | ▼ 9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,838 | €38,033 | €39,223 | €47,617 | €53,671 | €96,606 | €78,823 | ▼ 18.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€2,815 | -€12,382 | €0 | €2,325 | - |
| Other operating charges640/8 | - | - | - | €4,379 | €64,229 | €18,061 | €12,534 | ▼ 30.6% |
| Non-recurring operating charges66A | - | - | - | €6,500 | €13,974 | €5,532 | €53,622 | ▲ 869% |
| Gross operating margin9900 | €318,276 | €372,036 | €261,801 | €286,163 | €661,304 | €639,481 | €570,368 | ▼ 10.8% |
| Operating profit (loss)9901 | €209,667 | €215,514 | €40,611 | €15,877 | €154,975 | €43,639 | -€5,664 | - |
| Financial income75/76B | - | - | - | €233 | €1,856 | €1,313 | €353 | ▼ 73.1% |
| Recurring financial income75 | €1,367 | €2,227 | €2,552 | €233 | €1,856 | €1,313 | €353 | ▼ 73.1% |
| Financial charges65/66B | - | - | - | €6,674 | €11,448 | €19,335 | €18,768 | ▼ 2.9% |
| Recurring financial charges65 | €6,310 | €6,949 | €4,920 | €6,674 | €11,448 | €19,335 | €18,768 | ▼ 2.9% |
| Profit (loss) for the period before taxes9903 | €204,724 | €210,793 | €38,243 | €9,436 | €145,383 | €25,617 | -€24,079 | - |
| Income taxes67/77 | €65,948 | €68,899 | €11,820 | €858 | €29,223 | €9,861 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €138,776 | €141,893 | €26,423 | €8,578 | €116,160 | €15,756 | -€24,079 | - |
| Profit (loss) for the period to be appropriated9905 | €138,776 | €141,893 | €26,423 | €8,578 | €116,160 | €15,756 | -€24,079 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.1m | €1.2m | €1.0m | €1.1m | €1.4m | €1.3m | €1.4m | ▲ 10.7% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.2m | €0.3m | €0.6m | €0.5m | €0.5m | = |
| Intangible fixed assets21 | - | €0.007m | €0.004m | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.3m | €0.6m | €0.4m | €0.4m | ▲ 0.1% |
| Land and buildings22 | - | - | - | €0.07m | €0.06m | €0.05m | €0.04m | ▼ 16.9% |
| Plant, machinery and equipment23 | - | - | - | €0.008m | €0.01m | €0.008m | €0.005m | ▼ 33.7% |
| Furniture and vehicles24 | - | - | - | €0.3m | €0.4m | €0.3m | €0.1m | ▼ 45.1% |
| Leasing and similar rights25 | - | - | - | - | €0.1m | €0.1m | €0.2m | ▲ 112% |
| Other tangible fixed assets26 | - | - | - | €0.005m | €0.005m | €0.004m | €0.004m | ▼ 3.8% |
| Financial fixed assets28 | - | - | €0.005m | €0.009m | €0.01m | €0.01m | €0.01m | ▼ 3.9% |
| Current assets29/58 | €0.8m | €1.0m | €0.9m | €0.8m | €0.8m | €0.8m | €1.0m | ▲ 16.6% |
| Amounts receivable within one year40/41 | €0.7m | €0.7m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▲ 12.8% |
| Trade receivables40 | - | - | - | €0.5m | €0.5m | €0.4m | €0.5m | ▲ 17.3% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.03m | €0.04m | €0.03m | ▼ 31.5% |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | €0.4m | ▲ 25.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.04m | €0.04m | €0.04m | ▼ 9.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.1m | €1.2m | €1.0m | €1.1m | €1.4m | €1.3m | €1.4m | ▲ 10.7% |
| Equity10/15 | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | ▼ 31.1% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.3m | ▼ 32.2% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0 | - | - |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.5m | €0.3m | ▼ 32.2% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €0.7m | €0.7m | €0.6m | €0.6m | €0.8m | €0.7m | €1.0m | ▲ 40.0% |
| Amounts payable after more than one year17 | €0.1m | €0.07m | €0.04m | €0.09m | €0.2m | €0.1m | €0.2m | ▲ 41.4% |
| Financial debts170/4 | - | - | - | €0.09m | €0.2m | €0.1m | €0.2m | ▲ 41.4% |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.5m | €0.5m | €0.6m | €0.6m | €0.8m | ▲ 40.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.1m | €0.09m | €0.1m | ▲ 13.8% |
| Financial debts43 | - | - | - | - | - | €0.01m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | - | €0.01m | €0 | ▼ 100% |
| Trade debts44 | €0.5m | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | €0.5m | ▲ 41.8% |
| Suppliers440/4 | - | - | - | €0.4m | €0.4m | €0.3m | €0.5m | ▲ 41.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.06m | €0.07m | €0.05m | ▼ 21.1% |
| Taxes450/3 | - | - | - | €0.007m | €0.02m | €0.02m | €0.007m | ▼ 56.6% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.04m | €0.05m | €0.05m | ▼ 10.2% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.08m | €0.1m | €0.2m | ▲ 122% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0 | €0.006m | €0.003m | ▼ 43.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €138,776 | €141,893 | €26,423 | €8,578 | €116,160 | €15,756 | -€24,079 | - |
| + Depreciation and write-downs630 | €32,838 | €38,033 | €39,223 | €47,617 | €53,671 | €96,606 | €78,823 | ▼ 18.4% |
| Operating cash flow (approximation) | €171,614 | €179,927 | €65,646 | €56,195 | €169,831 | €112,361 | €54,745 | ▼ 51.3% |
| Investment in fixed assets (approximation) | - | -€16,239 | -€16,356 | -€214,369 | -€300,531 | €40,879 | -€78,853 | - |
| Change in cash | - | €119,666 | €27,318 | -€57,320 | -€26,654 | €85,558 | €81,557 | ▼ 4.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,166 companies had the same profile as F & K LOGISTICS has now. Two years later, 94.1% were still going and 2.5% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
94.1%
was still going
3.0%
stopped otherwise
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of F & K LOGISTICS itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,166 companies, not a prediction for F & K LOGISTICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 29-07-2025 | 2025-00320352 | |
| 31-12-2023 | abbreviated format | 28-08-2024 | 2024-00394533 | |
| 31-12-2022 | abbreviated format | 28-08-2023 | 2023-00368298 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20363390 | |
| 31-12-2020 | micro format | 18-06-2021 | 2021-21500034 | |
| 31-12-2019 | micro format | 22-06-2020 | 2020-19300225 | |
| 31-12-2018 | micro format | 26-06-2019 | 2019-26300187 | |
| 31-12-2017 | micro format | 28-06-2018 | 2018-28400294 | |
| 31-12-2016 | abbreviated format | 01-06-2017 | 2017-15000008 | |
| 31-12-2015 | abbreviated format | 01-06-2016 | 2016-15100587 |
Board & ownership
Directors
Directors
2 directors, no change since 2026
SANDRA Fangio Nico Rino
Current
Director (not named in the articles) · since 29-11-2023 · earlier manager, until 04-12-2023 · term without a fixed end · listed in the 2024 annual accounts, filed on 29-07-2025
Dieu-Donné SANDRA
Current
Director (not named in the articles) · appointed by deed of 22-10-2026 · term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 04-12-2023Owners and capital
Capital transactions
Capital over time
- 04-12-2023 Converted to unavailable equity
Mandate history
2 people, 2 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| SANDRA Fangio Nico Rino |
|
| Dieu-Donné SANDRA |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Articles of association, deed of 04-12-2023 (in Dutch)
Network & group
F & K LOGISTICS shares no director with another company.
Companies at the same address
3 other companies- DBF Forwarding and Warehousing Registered office · since 12-05-2020Founded in 2020 · total assets €348,855 (2025) 0746.845.659
- Vereniging van medeëigenaars van het Gebouw te Kluisbergen, Bergstraat 54 Registered office · since 15-12-2009Founded in 2009 1040.772.980
- KFC Kluisbergen Registered office · since 28-04-1998Founded in 1998 0463.515.983
Connections & network
2 current directorsThe network starts from the directors of F & K LOGISTICS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
2026
22-10
Gazette deed
Appointment: Dieu-Donné SANDRA (director)2 points ▸
Gazette deed
Appointment: Dieu-Donné SANDRA (director)
2 points ▸
- General meeting, 01-10-2026
- Director appointment, Dieu-Donné SANDRA (director (not named in the articles))
2025
29-07
abbreviated format · 2 days before the deadline
13-03
Gazette deed
Purpose change“De groot- en kleinhandel, handelsbemiddeling en de export en import in diverse goederen; Het vervoer, zowel…” (deed in Dutch)3 points ▸
Gazette deed
Purpose change
“De groot- en kleinhandel, handelsbemiddeling en de export en import in diverse goederen; Het vervoer, zowel…” (deed in Dutch)3 points ▸
- General meeting, 11-03-2025
- Purpose change, “De groot- en kleinhandel, handelsbemiddeling en de export en import in diverse goederen; Het vervoer, zowel nationaal als internationaal, zowel van goederen…” (deed in Dutch)
- Power of attorney, Marieke Monteyne
- The deed holds 2 more points.
2024
31-12
Financial
Weakest financial yearnet -€24,079
The net result drops to -€24,079, the lowest from 2018 to 2024.
28-08
abbreviated format · 28 days late
2023
04-12
Gazette deed
Change of role: SANDRA Fangio Nico Rino, from manager to director4 points ▸
Gazette deed
Change of role: SANDRA Fangio Nico Rino, from manager to director
4 points ▸
- General meeting, 29-11-2023
- Director resignation, SANDRA Fangio Nico Rino (manager)
- Director appointment, SANDRA Fangio Nico Rino (director (not named in the articles))
- 300 shares
- The deed holds 8 more points.
28-08
abbreviated format · 28 days late
2022
31-08
abbreviated format · 31 days late
2021
31-12
Financial
Equity above €500,000equity €503,550 ▲1.7%
With a profit in every financial year since 2018, equity grows to €503,550.
18-06
micro format · 43 days before the deadline
2020
22-06
micro format · 39 days before the deadline
2019
31-12
Financial
Highest result from 2018 to 2024net €141,893 ▲2.2%
The operating result of €215,514 and the net result of €141,893 are both a record.
Show earlier events
26-06
micro format · 35 days before the deadline
2018
28-06
micro format · 33 days before the deadline
2017
01-06
abbreviated format · 60 days before the deadline
2016
01-06
abbreviated format · 60 days before the deadline
2008
04-12
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
F & K LOGISTICS in Dutch
Enterprise number
0807.993.271
Legal form
Private limited company
Status
Active, normal situation
Founded
26-11-2008
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 04-12-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 04-12-2023 (in Dutch)Registered office and establishments
Registered office
Bergstraat 54, 9690 Kluisbergen, Belgium
Establishment units
F&K LOGISTICS, Bergstraat 54, 9690 Kluisbergen since 26-11-2008 · unit number 2.174.905.393
F&K Logistics, Industriepark "De Bruwaan" 19, 9700 Oudenaarde since 12-08-2020 · unit number 2.307.091.352
Activities
NACEBEL 2025VAT activities
49410
Freight transport by road main activity
Social security (RSZ) activities
52250
Logistics services main activity
Codes under NACEBEL 2008
VAT activities
49410
Road freight transport main activity
Social security (RSZ) activities
52290
Warehousing and support activities for transportation main activity
Joint committees
140.04 Airport ground handling
226 White-collar workers in international trade, transport and logistics annual accounts 2024
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 04-12-2023 (in Dutch)
“Groot- en kleinhandel,handelsbemiddeling in goederen,algemeen assortiment; Verhuur en lease van machines,werktuigen en andere materiële…”
19 activities
- Groot- en kleinhandel,handelsbemiddeling in goederen,algemeen assortiment.
- Verhuur en lease van machines,werktuigen en andere materiële goederen.
- Goederenvervoer langs de weg: vervoer boomstammen,vee,auto’s,afval,vervoer met koelwagens,zwaar internationaal vervoer,vervoer van bulkgoederen,inclusief vervoer in tankwagen.
- Verhuur van vrachtwagens met chauffeur.
- Verhuisbedrijf.
- Expeditiekantoor.
- Het toevertrouwen van niet-gegroepeerde vracht aan het openbaar vervoer (vervoer per spoor,over water,luchtvervoer of een combinatie daarvan).
- Activiteiten van vervoercommissionairs die contracten voor het vervoer van goederen afsluiten in eigen naam maar het vervoer door derden laten uitvoeren.
- Vervoermakelaar.
- Commissionair-expediteur.
- Het ophalen van vracht en het groeperen van individuele vracht voor de verzending,distribueren en thuisbezorgen.
- Overige activiteiten in verband met de organisatie van het vrachtvervoer.
- Exploitatie voor rekening van derden van koel- en vrieskamers,koelpakhuizen,en dies meer voor alle soorten goederen,inclusief landbouwproducten.
- Exploitatie voor rekening van derden van niet-gekoelde opslagvoorzieningen voor diverse goederen.
- Niet-gespecialiseerde groothandel en kleinhandel in diepgevroren voedingsmiddelen.
- Beheer en bestuur,uitbating en management,hetzij voor eigen rekening,hetzij voor rekening van derden,van alle vennootschappen en rechtspersonen.
- Aan- en verkoop – zowel volle eigendom,blote eigendom en/of vruchtgebruik van onroerende goederen. Uitdrukkelijk uitgesloten worden alle vastgoedmakelaarsactiviteiten zoals deze omschreven zijn in het Koninklijk Besluit van 6 september 1993.
- De vennootschap mag haar voorwerp verwezenlijken voor eigen rekening of voor rekening van derden,op alle manieren en volgens de wijzen die haar het best geschikt blijken.
- Zij mag namelijk alle commerciële,financiële,industriële,burgerlijke,roerende en onroerende verrichtingen doen die zich rechtstreeks of onrechtstreeks bij het voorwerp aansluiten of van aard zijn de verwezenlijking ervan te bevorderen,evenals belangen nemen in andere vennootschappen,met het oog op het bereiken van het bovenomschreven voorwerp.
Invoicing and payment
VAT number
BE 0807.993.271
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of May at 14:00
deed of 04-12-2023 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteOudenaardeunit number 2.307.091.352
Sites & property
Location
Buildings and parcels at the addresses
Ground area
1.3 ha
Building footprint
5,486 m²
Building volume
46,488 m³
Tallest building: 11.8 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45508A0168/00B002 | Flanders | 1.1 ha | 1 · 5,182 m² | 11.8 m · 3 |
| 45043C0675/00K009 | Flanders | 2,154 m² | 1 · 304 m² | 8.2 m · 2 |