FANIDA LOGISTIC
ActiveThe computed 12-month bankruptcy probability of FANIDA LOGISTIC is 1.9% (moderate). The 2024 annual accounts show equity of €80k and a net result of €-57k. Equity is growing by ~41.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 725 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency63▼-16
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity tight (current ratio 1.23 against 1.52 in 2023), and 62.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
37.2%
Return on assets
-26.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-08-2025, 15 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
15 d late
2023
20 d late
2022
86 d late
2021
16 d late
2020
31 d early
2019
5 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-57k
2023 · €53k
2018: €-10k
2019: €23k
2020: €27k
2021: €12k
2022: €75k
2023: €53k
2018 → 2024
Working capital
€32k▼ 65.8%
2023 · €93k
2018: €-4k
2019: €11k
2020: €7k
2021: €8k
2022: €45k
2023: €93k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€35k▲ 53.5%€98k▲ 175%€147k▲ 50.5%€80k▼ 45.5%
Operating result€33k-€24k▼ 28.5%€104k▲ 340%€62k▼ 40.6%€-90k
Net result€27k-€12k▼ 53.7%€75k▲ 504%€53k▼ 29.4%€-57k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €90k after €62k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €215k
Fixed assets
€48k▼ 10.7%
Current assets
€167k▼ 38.6%
Equity and liabilities €215k
Equity
€80k▼ 45.5%
Debt
€135k▼ 24.5%
The debt ratio rises from 54.9% to 62.8%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-79k▼
2023 · €71k
Cash flow
€-46k▼
2023 · €62k
Solvency
37.2%▼
2023 · 45.1%
Current ratio
1.23▼
2023 · 1.52
Quick ratio
1.23▼
2023 · 1.52
Debt / equity
1.69▲
2023 · 1.22
ROE
-70.9%▼
2023 · 35.9%
ROA
-26.4%▼
2023 · 16.2%
Interest coverage
-90.53▼
2023 · 249.80
Debt
€135k▼
2023 · €179k
Debt ≤ 1 year
€135k▼
2023 · €179k
Income taxes
€2k▼
2023 · €27k
Staff costs
€177k▼
2023 · €316k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€326k€215k▼
Fixed assets21/28€54k€48k▼
Tangible fixed assets22/27€25k€19k▼
Furniture and vehicles24€25k€19k▼
Financial fixed assets28€30k€30k▲
Current assets29/58€272k€167k▼
Amounts receivable within one year40/41€222k€151k▼
Trade receivables40€219k€151k▼
Other amounts receivable41€3k-
Cash at bank and in hand54/58€49k€16k▼
Equity and liabilities
Total equity and liabilities10/49€326k€215k▼
Equity10/15€147k€80k▼
Contributions10/11€7k€7k=
Reserves13€666€666=
Non-distributable reserves130/1€666€666=
Reserves not available under the articles1311€666€666=
Profit (loss) carried forward14€140k€73k▼
Amounts payable17/49€179k€135k▼
Amounts payable within one year42/48€179k€135k▼
Financial debts43€5k€6k▲
Credit institutions430/8€5k€6k▲
Trade debts44€63k€69k▲
Suppliers440/4€63k€69k▲
Taxes, remuneration and social security45€111k€59k▼
Taxes450/3€73k€45k▼
Remuneration and social security454/9€39k€14k▼
Other amounts payable47/48-€1k
Income statement
Code20232024
Remuneration, social security and pensions62€316k€177k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k▲
Other operating charges640/8€12k€19k▲
Non-recurring operating charges66A€6€10k▲
Gross operating margin9900€400k€126k▼
Operating profit (loss)9901€62k€-90k▼
Financial income75/76B€17k€36k▲
Recurring financial income75€17k€36k▲
Financial charges65/66B€285€876▲
Recurring financial charges65€285€876▲
Profit (loss) for the period before taxes9903€79k€-55k▼
Income taxes67/77€27k€2k▼
Profit (loss) for the period9904€53k€-57k▼
Profit (loss) for the period to be appropriated9905€53k€-57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€143k€83k▼
Profit (loss) brought forward from the previous period14P€90k€140k▲
Profit to be distributed694/7€3k€10k▲
Return on contributions (dividend)694€3k€10k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
31-12
Financial
Weakest financial yearnet €-57k ▼208%
Net result drops to €-57k, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Equity above €100kEq €147k ▲50.5%
5 profitable years in a row build equity to €147k.
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 86 days late
2022
31-12
Financial
Highest result since 2018net €75k ▲504%
Operating result €104k, net result €75k, both a record.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · 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.
01-12-2022
Resigned as Manager
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 2016
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.
Bedrijvenzone Machelen-Cargo 7381830 Machelen (Brab.)Ground area
1.4 ha
Building footprint
4,888 m²
Volume, LiDAR
10,661 m³
2 parcels, Brussels, Flanders · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FANIDA LOGISTIC
since 20162.254.703.137
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047C0430/00C000 | Flanders | 9,629 m² | 1 · 4,195 m² | - |
| 21526D0098/00G000 | Brussels | 4,134 m² | 1 · 693 m² | 18.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Anka Transport
BE 0845.403.005
Aalst · Eq €80k
VB-LOGISTICS
BE 0862.729.678
Ardooie · Eq €80k
MARBO
BE 0478.136.160
Oudenaarde · Eq €80k
MARREEL HOUT-BOUW-TRANSPORT
BE 0455.627.410
Diksmuide · Eq €80k
BOCAGRO
BE 0722.870.229
Kortrijk · Eq €80k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 6,183 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2016
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
53100Postal and courier activities
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.