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FB LOGISTICS

Active
Private limited companyfounded 200521 yrs activeLouizalaan 368, 1050 Elsene, BelgiumKBO/BCE: BE 0874.344.637
Summary

The computed 12-month bankruptcy probability of FB LOGISTICS is 10.1% (high). 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
Financially healthy?
40 Weak Checked score 2024
Bankruptcy chance 12 m
10.1%
Who decides
Holdings
4
Accounts 63 d overdue1 of 9 deeds read
Why 40- Higher-failure-rate sector- Recent warning signals- Higher-failure-rate region- Multiple establishment units- Ex-officio strike-off- Administrative warnings in the KBO publications+ Long track record+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability61=
Solvency55▼-8
Growth51▼-1
Track record84
Bankruptcy probability, 12 months
10.1% High
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 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.
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Signals

Nine 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 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
30.5%
Return on assets
4.8%
Age of the figures
21 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 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 filings
Deviation 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 publications
Publications
Address struckAddress strikeout annulled
  1. Address strikeout annulledKBO administration
  2. Address struckLouizalaan 368 1050 L’adresse du…
  3. 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

Financials

Fiscal year
2024
Turnover
€15.4m
Profit
€240,290
Solvency
30.5%
Turnover▲ 4.0%
Net result
20222024
Go to Financials

Timeline

Events
16
Since
2016
  1. 12-08-2026Address strikeout annulled
  2. 20-07-2026Address struck
  3. 22-04-2026Statutes amendment
Go to Timeline

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
Go to Company details

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 to Articles of association

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