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HORECA LOGISTIC SERVICES WEST

Active
Public limited companyfounded 1983active for 42 yearsDiesveldstraat 24, 8540 Deerlijk, BelgiumKBO/BCE: BE 0424.952.743

From the official registers: KBO 42 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HORECA LOGISTIC SERVICES WEST has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.6m and a net result of €688,659. Equity is growing by about 5.9% per year across the filed financial years. Its solvency ranks better than 55% of 6,158 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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HORECA LOGISTIC SERVICES WESTActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 20-12-1983 Normal situation
Legal form
Public limited company
Registered office
Diesveldstraat 24, 8540 Deerlijk
Activity
Wholesale of beverages, general range NACE 46349
Establishment units
2.023.588.957 8540 Deerlijk, since 01-01-1984
2.335.878.972 8400 Oostende, since 01-10-2022
Financial year end
31 December
Peppol
Reachable
Company details

Who decides

Board
Auditor
RSM Interaudit BV
Shareholders
Board & ownership

How it is doing

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€21.1m
▲ 0.5%
Profit
€688,659
▲ 69.1%
Equity
€4.6m
▲ 17.9%
Total assets
€9.2m
▲ 4.3%
Staff
38 FTE
▼ 11.8%
2025 accounts 42 days early
Filed on 19-06-2026at the National Bank
Financials
Why 95lowers riskFounded in 1983Profit of €688,659 (financial year 2025)Size: turnover €21.1m, 38 FTE, total assets €9.2mLiquidity: current ratio 1.67, cash €1.0mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 57% of its sector peers (NACE 46, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 75+6
equity 49.5% of total assets
Liquidity 43+10
short-term debt 42.2% · cash 10.9%
Profitability 68+7
return on assets 7.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,376 companies, NACE 46, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.4 percentage points vs 09-2026lowest value
Credit of up to €430,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.67, compared with 1.53 in 2024, above the usual 1.5; short-term debt: 42.2% and cash: 10.9% of total assets), but 50.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 58% on solvency, 50% on liquidity, 56% on profitability and 64% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1983
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €688,659 (financial year 2025)
NBB · annual accounts
lowers risk · Size: turnover €21.1m, 38 FTE, total assets €9.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.67, cash €1.0m
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
36 days early
2023
42 days early
2022
39 days early
2021
37 days early
2020
25 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 38 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Result rose in 2025from €407,213 to €688,659 ▲ 69.1% View
  • Positive: 5 years of growth in a rowturnover 2025: €21.1m 5 years View
  • Positive: 7th fastest staff growth in Deerlijkin the Checked rankings No. 7 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €234,761 View

Documents

Annual accounts at the NBB

All 42 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about HORECA LOGISTIC SERVICES WEST

What is the company number of HORECA LOGISTIC SERVICES WEST?
0424.952.743. In Belgium the VAT number is the company number with BE in front: BE 0424.952.743.
Where is HORECA LOGISTIC SERVICES WEST based?
The registered office is at Diesveldstraat 24, 8540 Deerlijk.Company details
What does HORECA LOGISTIC SERVICES WEST do?
According to the KBO register, the main activity is wholesale of beverages, general range (NACE 46349).
What is the legal form of HORECA LOGISTIC SERVICES WEST?
Public limited company (NV).
When was HORECA LOGISTIC SERVICES WEST founded?
On 20-12-1983.
Is HORECA LOGISTIC SERVICES WEST still active?
Yes, HORECA LOGISTIC SERVICES WEST is an active enterprise in the KBO register.
How many employees does HORECA LOGISTIC SERVICES WEST have?
On average 38 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HORECA LOGISTIC SERVICES WEST?
€21.1m in financial year 2025, according to the filed annual accounts.
Is HORECA LOGISTIC SERVICES WEST profitable?
In financial year 2025, HORECA LOGISTIC SERVICES WEST made a profit of €688,659.
Where can I find the annual accounts of HORECA LOGISTIC SERVICES WEST?
HORECA LOGISTIC SERVICES WEST filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of HORECA LOGISTIC SERVICES WEST due?
By 31-07-2027, for financial year 2026.Timeline

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