Financials
- Fiscal year
- 2024
- Turnover
- €15.4m
- Profit
- €240,290
- Solvency
- 30.5%
Turnover▲ 4.0%
Net result
20222024
FB LOGISTICS
ActiveSummary
The computed 12-month bankruptcy probability of FB LOGISTICS is 4.6% (elevated). The 2024 annual accounts show equity of €1.5m and a net result of €240,290. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 48% of 84 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Overview
What they do
Postal and courier activities
NACE 53100Freight transport by road NACE 49410NACE 60242
#5 employer in Elsene, Transport and storage sector2 sites
How big
€15.4mturnover 2024
- Staff
- 41.9 FTE
- Equity
- €1.5m
- Profit
- €240,290
Who decides
- Holdings
- 4
Accounts 63 d overdue1 of 9 deeds read
Why 38- Figures for FY 2024 (filed 18-10-2025)- 1 change of registered office in 24 months+ Founded in 2005+ Size: turnover €15.4m, 41.9 FTE, total assets €5.0mShow the evidence
Checked score
Score 2024
38
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 41% of its sector peers (NACE 53, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
55-8
equity 30.5% of total assets
Liquidity
37-6
short-term debt 65.3% · cash 17.4%
Profitability
61=
return on assets 4.8%
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 3 months
08-2026: 2.1%lowest value
09-2026: 3.1%▲ +45.7% vs 08-2026
10-2026: 4.6%▲ +48.9% vs 09-2026highest value
- Figures for FY 2024 (filed 18-10-2025) raises the probability
- Founded in 2005 lowers the probability for this profile
- 1 change of registered office in 24 months raises the probability
- Size: turnover €15.4m, 41.9 FTE, total assets €5.0m lowers the probability for this profile
Credit up to €55,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.43 against 1.26 in 2023; short-term debt: 65.3% and cash: 17.4% of total assets), and 69.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 53, small). Better than this share of them on solvency 56%, liquidity 45%, profitability 27%, growth against the median 34%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
75 d late
2023
92 d late
2022
127 d late
2021
129 d late
2020
125 d late
2019
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 107 days after the deadline; the sector median for financial year 2024 is 13 days after the deadline, and 56% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
- Address strikeout annulledKBO administration
- Address struckLouizalaan 368 1050 L’adresse du…
- Statutes amendmentCapital
Key points
- Caution: Staff fell in 2024from 91.9 FTE to 41.9 FTE ▼ 54.4% View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
- Positive: Employer in Elsene, Transport and storage sectorin the Checked rankings #5 View
- Positive: 7 profitable years in a rowprofit 2024: €240,290 7 years View
- Heads a groupcompanies controlled 7 View
- Flemish supportawarded 2024 - 2025 €220,883 View
By topic
Network & group
- Subsidiaries
- 7
- Holdings
- 4
7 subsidiaries
Timeline
- Events
- 16
- Since
- 2016
- 12-08-2026Address strikeout annulled
- 20-07-2026Address struck
- 22-04-2026Statutes amendment
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Postal and courier activitiesNACE 53100
- Founded
- 08-06-2005
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 34
- Annual meeting
- Third Friday of June at 19:00
- Purpose
- Le transport national et international sous toutes ses formes et par tous moyens, de tous…
Go further with this company
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