FABRY LOGISTICS
ActiveFABRY LOGISTICS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.62M and a net result of €800k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 712 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-7
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 5.06 against 2.8 in 2024), and 7.8% of the assets are financed with debt.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
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 2025Solvency, return and age of the figures
Solvency
92.2%
Return on assets
13.1%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 12-07-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
45 d early
2023
22 d early
2022
31 d early
2021
20 d early
2020
137 d early
2019
32 d early
← 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€800k▲ 5.3%
2024 · €760k
2018: €394k
2019: €414k
2020: €529k
2021: €675k
2022: €567k
2023: €800k
2024: €760k
2018 → 2025
Working capital
€1.92M▲ 114%
2024 · €893k
2018: €-4.13M
2019: €455k
2020: €-18k
2021: €620k
2022: €260k
2023: €132k
2024: €893k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.12M-€3.65M▲ 17.1%€4.42M▲ 21.1%€4.85M▲ 9.6%€5.62M▲ 15.9%
Operating result€910k-€800k▼ 12.2%€1.14M▲ 42.8%€1.05M▼ 7.7%€1.11M▲ 4.9%
Net result€675k-€567k▼ 16.1%€800k▲ 41.2%€760k▼ 5.1%€800k▲ 5.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.09M
Fixed assets
€3.70M▼ 6.4%
Current assets
€2.39M▲ 71.9%
Equity and liabilities €6.09M
Equity
€5.62M▲ 15.9%
Debt
€472k▼ 4.7%
The debt ratio falls from 9.3% to 7.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.50M▲
2024 · €1.45M
Cash flow
€1.20M▲
2024 · €1.16M
Solvency
92.2%▲
2024 · 90.7%
Current ratio
5.06▲
2024 · 2.80
Quick ratio
5.06▲
2024 · 2.80
Debt / equity
0.08▼
2024 · 0.10
ROE
14.2%▼
2024 · 15.7%
ROA
13.1%▼
2024 · 14.2%
Interest coverage
4655.96▼
2024 · 5525.07
Debt
€472k▼
2024 · €496k
Debt ≤ 1 year
€472k▼
2024 · €496k
Income taxes
€360k▲
2024 · €340k
Staff costs
€691k▲
2024 · €649k
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€5.34M€6.09M▲
Fixed assets21/28€3.95M€3.70M▼
Tangible fixed assets22/27€3.95M€3.70M▼
Land and buildings22€3.67M€3.36M▼
Plant, machinery and equipment23€239k€316k▲
Furniture and vehicles24€46k€26k▼
Current assets29/58€1.39M€2.39M▲
Amounts receivable within one year40/41€243k€418k▲
Trade receivables40€243k€418k▲
Current investments50/53€1.00M€1.90M▲
Cash at bank and in hand54/58€141k€62k▼
Deferred charges and accrued income490/1€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€5.34M€6.09M▲
Equity10/15€4.85M€5.62M▲
Contributions10/11€6k€6k=
Reserves13€4.53M€5.33M▲
Distributable reserves133€4.53M€5.33M▲
Investment grants15€310k€282k▼
Amounts payable17/49€496k€472k▼
Amounts payable within one year42/48€496k€472k▼
Trade debts44€14k€27k▲
Suppliers440/4€14k€27k▲
Taxes, remuneration and social security45€154k€168k▲
Taxes450/3€79k€81k▲
Remuneration and social security454/9€76k€86k▲
Other amounts payable47/48€327k€277k▼
Income statement
Code20242025
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€649k€691k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€398k€398k▲
Other operating charges640/8€115k€118k▲
Gross operating margin9900€2.22M€2.31M▲
Operating profit (loss)9901€1.05M€1.11M▲
Financial income75/76B€46k€54k▲
Recurring financial income75€46k€54k▲
Financial charges65/66B€263€323▲
Recurring financial charges65€263€323▲
Profit (loss) for the period before taxes9903€1.10M€1.16M▲
Income taxes67/77€340k€360k▲
Profit (loss) for the period9904€760k€800k▲
Profit (loss) for the period to be appropriated9905€760k€800k▲
Appropriation of the result
Profit (loss) to be appropriated9906€760k€800k▲
Transfer from equity791/2€311k-
Transfer to equity691/2€760k€800k▲
To other reserves6921€760k€800k▲
Profit to be distributed694/7€311k-
Return on contributions (dividend)694€311k-
Social balance
Average headcount (FTE)908716.516.1▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €5MEq €5.62M ▲15.9%
8 profitable years in a row build equity to €5.62M.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €800k ▲41.2%
Operating result €1.14M, net result €800k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 5current ratio 4.49
Current ratio from 0.96 to 4.49; short-term debt falls from €422k to €178k.
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 54current ratio 5.50
Current ratio from 0.10 to 5.50; short-term debt falls from €4.60M to €101k.
31-12
Financial
Equity above €2MEq €2.36M ▲19.9%
2 profitable years in a row build equity to €2.36M.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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 2022
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.
25-01-2022
Eric FABRY: Resigned as Manager
30-12-2015
Eric FABRY: Resigned as Managing director
30-12-2015
Philippe FABRY: Resigned as Managing director
Location & real-estate footprint
Registered office, Thimister-Clermont · 3 establishment units since 2008
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.
Rue de l'Avenir 14890 Thimister-ClermontGround area
8.2 ha
Building footprint
1.5 ha
Volume, LiDAR
138,375 m³
3 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
FABRY LOGISTICS
since 20082.171.989.356
FABRY LOGISTICS
since 20122.247.672.716
Fabry Logistics
since 20182.281.623.607
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63077C0522/00W000 | Wallonia | 3.3 ha | 1 · 6,027 m² | 11.3 m · 3 fl. |
| 63077C0482/00H000 | Wallonia | 3.0 ha | 1 · 8,815 m² | 11.1 m · 3 fl. |
| 63077C0711/00A000 | Wallonia | 1.9 ha | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteThimister-Clermont2.247.672.716
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Of 1,029 companies in sector 52100 we hold annual accounts for 762. 390 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2008
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
52210Service activities incidental to land transportation
49410Freight transport by road
52249Warehousing and support activities for transportation
52250Logistics services
52290Warehousing and support activities for transportation
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.