Equity
-€266,642
Debts exceed assets in financial year 2024.
FAR LOGISTICS
Lifetime
2 annual accounts with figures on one time axispeak €381,890 (2024)
€381,890▲ €436,705
lowest -€316,606 (2023)
€44,964▲ €361,570
peak -€266,642 (2024)
-€266,642▲ €44,964
€1.8m▲ 52.9%
peak 3.2 FTE (2024)
3.2 FTE▲ 28.0%
Board4 names since 2022
3 directors and 2 others
Owners2 names in the annual accounts
10% and 1 other
Documentsfilings and deeds
11-08-2026376 days late
2024abbreviated format
Gross margin from -€54,815 to €381,890Back to profit: €44,964Staff from 2.5 FTE to 3.2 FTERegistered office moved from Berchem to Antwerp 03-06Equity from -€311,606 to -€266,642Debts from €1.2m to €1.8m
Key points
from the 2024 annual accountsResult
€44,964 €44,964
Back in profit in 2024, after a loss of €316,606 in 2023.
Debts
€1.8m 117% of the balance sheet
Suppliers 57%Taxes and wages 1%Other 43%
Of this, €1.8m falls due within a year.
Investments
€9,992 2.3 × depreciation
Green is investment, beige is depreciation.
Staff
4 employees on 31-12-2024
In 2024, 1 person joined and 1 left.
Position in the sector
-€266,642
Less equity than 95% of companies in warehousing and transport support. Sector median €448,396 · 936 companies.
2025 accounts not filed, 104 days past the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 516 companies had the same profile as FAR LOGISTICS has now. Each dot stands for 2 companies, two years later.
91.9%
were still trading
2.5%
stopped another way
4.5%
went bankrupt
Another 1.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 516 companies, not a prediction for FAR 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 23-08-2022
Director, since 23-08-2022
Director, since 23-08-2022
Auditor,
- consolidatesannual accounts 2024
- 10%score equity €23,721 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0790190902
Appointment: (statutory auditor)
General meeting of 13-09-2024 · Gazette deed
Registered office moved from Berchem to Antwerp
New registered office: Jordaenskaai 23, 2000 Antwerpen · Previous registered office: Uitbreidingstraat 84 bus 3, 2600 Berchem (Antwerpen) · Board meeting of 01-02-2024 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointments: , and · published on 31-08-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FAR LOGISTICS Antwerp | €1.5m | €381,890 | -17.4% | 3.2 |
| Premium International Logistics Solutions Antwerp | €1.0m | €530,725 | 67.3% | 2.8 |
| SEBANG BELGIUM LOGISTICS Antwerp | €1.3m | €241,143 | 66.4% | 3.5 |
| Allotment Productions Europe Sint-Pieters-Leeuw | €1.8m | €302,093 | 8.3% | 2.1 |
| FRP LOGISTICS Oudenaarde | €0.8m | €332,310 | 3.5% | 2.3 |
| Wahoo Freight Sint-Gillis (bij-Brussel) | €1.3m | €280,041 | 16.1% | 4 |
| Express Global Antwerp | €1.1m | €438,755 | -73.7% | 8 |
These companies have the same main activity as FAR LOGISTICS: logistics services (NACE 52250). They are comparable in size and age: total assets between €838,000 and €1.8m, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 29-08-2022Normal situation
- Activity
- Logistics servicesNACE 52250and 2 others
- Joint committee
- 226White-collar workers in international trade, transport and logistics · annual accounts 2024
- Establishment unit
- 2.334.811.2792000 Antwerp, since 29-08-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 27-02-2026
Annual accounts 2024
- ≈ €900,000estimated
- €1.5m▲ 77.2%
- Employeeson 31-12-2024
- 4=
- Filing
- Filed on 11-08-2026
Insights on FAR LOGISTICS
The 2024 annual accounts show negative equity (-€266,642) and a net result of €44,964. Its solvency ranks better than 8% of 936 sector peers (NACE 52, financial year 2024).
The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FAR LOGISTICS
- What is the company number of FAR LOGISTICS?
- The company number of FAR LOGISTICS is 0790.190.902. The VAT number is the same number with BE in front: BE 0790.190.902.
- Where is FAR LOGISTICS based?
- The registered office is at Jordaenskaai 23, 2000 Antwerp.Company details
- What does FAR LOGISTICS do?
- According to the KBO register, the main activity is logistics services (NACE 52250).
- What is the legal form of FAR LOGISTICS?
- FAR LOGISTICS is a private limited company (BV).
- When was FAR LOGISTICS founded?
- FAR LOGISTICS was founded on 29-08-2022.
- Is FAR LOGISTICS still active?
- Yes, FAR LOGISTICS is an active enterprise in the KBO register.
- How many employees does FAR LOGISTICS have?
- FAR LOGISTICS had an average of 3.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does FAR LOGISTICS fall under?
- In its 2024 annual accounts, FAR LOGISTICS states joint committee 226 (White-collar workers in international trade, transport and logistics).
- What is the turnover of FAR LOGISTICS?
- The turnover in financial year 2024 is ≈ €900,000. This figure is estimated from the gross margin of €381,890 and 2,274 comparable companies of the same size. It probably lies between €540,000 and €1.5m. It is a rough estimate.
- Is FAR LOGISTICS profitable?
- In financial year 2024, FAR LOGISTICS made a profit of €44,964.
- Where can I find the annual accounts of FAR LOGISTICS?
- FAR LOGISTICS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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