Higher solvency than 84% of companies in warehousing and transport support. Sector median 42.8% · 1,322 companies.
Turnover not published (micro format)
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 3,445 companies had the same profile as HANLOG has now. Each dot stands for 9 companies, two years later.
89.9%
were still trading
7.6%
stopped another way
2.3%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the highest expected share
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 3,445 companies, not a prediction for HANLOG. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0707557986
Company renamed from HANLOG TRANSPORT to HANLOG
Change of role: Name after signing inVisible after signing in, from manager to director · “Transport(nationaal en internationaal)van goederen,personen,voertuigen; Koerierdiensten;verzamelen,vervoeren…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Registered office moved from Ghent to Wetteren
New registered office: Victor Van Sandelaan 50, 9230 Wetteren · Previous registered office: Kliniekstraat 64, 9050 Gent · Board meeting of 05-05-2022 · Gazette deed
Registered office moved from Asse to Gentbrugge
New registered office: Kliniekstraat 64, 9050 Gentbrugge · Previous registered office: Breughelparkt 1 bus 17, 1731 Asse · General meeting of 28-06-2019 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as HANLOG: service activities incidental to land transportation (NACE 52210). They are comparable in size and age: total assets between €43,100 and €73,900, founded between 2013 and 2021.