Ferry Logistics
Open bankruptcyA bankruptcy procedure is open for Ferry Logistics according to publications in the Belgian State Gazette; curator: ANTHONY VAN DER HAUWAERT.
Summary
The 2022 annual accounts show equity of €87k and a net result of €58k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 03-03-2023, 31 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
31 d late
2021
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€87k▲ 198%
2021 · €29k
2021: €29k
2021 → 2022
Total assets
€837k▲ 182%
2021 · €297k
2021: €297k
2021 → 2022
Net result
€58k▲ 530%
2021 · €9k
2021: €9k
2021 → 2022
Working capital
€-52k▼ 1.1%
2021 · €-52k
2021: €-52k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€29k-€87k▲ 198%
Operating result€13k-€98k▲ 630%
Net result€9k-€58k▲ 530%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2022; 2022 is 630% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €837k
Fixed assets
€427k ▲ 175%
Current assets
€411k ▲ 190%
Equity and liabilities €837k
Equity
€87k ▲ 198%
Debt
€751k ▲ 181%
Debt's share of the balance-sheet total falls from 90.2% to 89.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€147k▲
2021 · €26k
Cash flow
€107k▲
2021 · €22k
Current ratio
0.89▲
2021 · 0.73
Debt to equity
8.65▲
2021 · 2.55
ROE
66.4%▲
2021 · 31.4%
ROA
6.9%▲
2021 · 3.1%
Interest coverage
6.96
Debt ≤ 1 year
€463k▲
2021 · €193k
Debt > 1 year
€209k▲
2021 · €74k
Income taxes
€20k▲
2021 · €3k
Staff costs
€181k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 43 lines
Balance sheet
Code20212022
Assets
Total assets20/58€297k€837k▲
Fixed assets21/28€155k€427k▲
Tangible fixed assets22/27€145k€402k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24-€14k
Leasing and similar rights25-€387k
Financial fixed assets28€10k€25k▲
Current assets29/58€141k€411k▲
Amounts receivable within one year40/41€141k€406k▲
Trade receivables40-€357k
Other amounts receivable41-€48k
Cash at bank and in hand54/58€733€5k▲
Equity and liabilities
Total equity and liabilities10/49€297k€837k▲
Equity10/15€29k€87k▲
Contributions10/11-€20k
Profit (loss) carried forward14€9k€67k▲
Amounts payable17/49€268k€751k▲
Amounts payable after more than one year17€74k€209k▲
Financial debts170/4-€209k
Amounts payable within one year42/48€193k€463k▲
Current portion of amounts payable after more than one year42-€105k
Trade debts44€25k€219k▲
Suppliers440/4-€219k
Advances received on contracts in progress46-€91k
Taxes, remuneration and social security45-€48k
Taxes450/3-€25k
Remuneration and social security454/9-€23k
Accrued charges and deferred income492/3-€78k
Income statement
Code20212022
Remuneration, social security and pensions62-€181k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€50k▲
Other operating charges640/8-€10k
Gross operating margin9900€70k€339k▲
Operating profit (loss)9901€13k€98k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B-€21k
Recurring financial charges65€2k€21k▲
Profit (loss) for the period before taxes9903€12k€78k▲
Income taxes67/77€3k€20k▲
Profit (loss) for the period9904€9k€58k▲
Profit (loss) for the period to be appropriated9905€9k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€67k
Profit (loss) brought forward from the previous period14P-€9k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
25-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · FERRY LOGISTICS BV ABEEL- STRAAT 28, 9000 GENT · event 19-09-2023
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2020
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.
Abeelstraat 289000 GentGround area
100 m²
Building footprint
101 m²
Volume, LiDAR
1,308 m³
Parcel 44804D2014/00N003, Flanders · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Ferry Logistics
since 20202.299.535.349
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D2014/00N003 | Flanders | 100 m² | 1 · 101 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANTHONY VAN DER HAUWAERT BERNARD SPAE-
LAAN 30, 9000 GENT |
19-09-2023 → present |
Similar companies · same sector, comparable size
CONSTANT D.
BE 0448.328.357
Visé · Eq €86,779
Transweb
BE 0649.626.123
Tielt-Winge · Eq €86,754
DEPARGO
BE 0783.253.026
Ronse · Eq €86,736
UGM GROUP LOGISTICS
BE 0750.989.044
Dilbeek · Eq €86,815
DELIL
BE 0762.646.167
Gent · Eq €86,892
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 6,314 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2020
Fiscal year end30-06
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.