HSSD Logistics
ActiveHSSD Logistics has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.53M and a net result of €471k. Equity is growing by ~48.9% per year across the filed fiscal years. Its solvency ranks better than 47% of 937 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+2
Solvency60▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.43 in 2023; short-term debt: 57.7% of total assets), but 65.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
34.7%
Return on assets
10.6%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
4 d late
2022
64 d late
2021
85 d late
2020
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€296k
EBIT margin
10.1%
Net result
€471k▲ 70.0%
2023 · €277k
2020: €17k
2021: €266k
2022: €510k
2023: €277k
2020 → 2024
Working capital
€1.31M▲ 93.3%
2023 · €676k
2020: €24k
2021: €240k
2022: €580k
2023: €676k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€296k-
Equity€11k-€277k▲ 2,445%€787k▲ 184%€1.06M▲ 35.2%€1.53M▲ 44.2%
Operating result€30k-€401k▲ 1,240%€779k▲ 94.3%€465k▼ 40.3%€764k▲ 64.2%
Net result€17k-€266k▲ 1,507%€510k▲ 91.7%€277k▼ 45.7%€471k▲ 70.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 64% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.42M
Fixed assets
€563k▼ 20.9%
Current assets
€3.86M▲ 72.8%
Equity and liabilities €4.42M
Equity
€1.53M▲ 44.2%
Debt
€2.89M▲ 53.6%
The debt ratio rises from 63.9% to 65.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€880k▲
2023 · €588k
Cash flow
€586k▲
2023 · €400k
Solvency
34.7%▼
2023 · 36.1%
Current ratio
1.51▲
2023 · 1.43
Quick ratio
1.51▲
2023 · 1.43
Debt / equity
1.88▲
2023 · 1.77
ROE
30.7%▲
2023 · 26.0%
ROA
10.6%▲
2023 · 9.4%
Interest coverage
23.82▼
2023 · 25.27
Debt
€2.89M▲
2023 · €1.88M
Debt ≤ 1 year
€2.56M▲
2023 · €1.56M
Debt > 1 year
€336k▲
2023 · €324k
Income taxes
€258k▲
2023 · €166k
Staff costs
€1.10M▲
2023 · €927k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.95M€4.42M▲
Fixed assets21/28€711k€563k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€706k€559k▼
Plant, machinery and equipment23€18k€42k▲
Furniture and vehicles24€332k€95k▼
Leasing and similar rights25€253k€277k▲
Other tangible fixed assets26€103k€145k▲
Financial fixed assets28€2k€2k=
Current assets29/58€2.23M€3.86M▲
Amounts receivable within one year40/41€2.03M€3.69M▲
Trade receivables40€1.81M€3.50M▲
Other amounts receivable41€222k€187k▼
Current investments50/53-€162k
Cash at bank and in hand54/58€167k-
Deferred charges and accrued income490/1€40k€13k▼
Equity and liabilities
Total equity and liabilities10/49€2.95M€4.42M▲
Equity10/15€1.06M€1.53M▲
Contributions10/11€2k€2k=
Reserves13€1.05M€1.52M▲
Non-distributable reserves130/1€200€200=
Reserves not available under the articles1311€200€200=
Tax-exempt reserves132€479€479=
Distributable reserves133€1.05M€1.52M▲
Profit (loss) carried forward14€10k€10k=
Amounts payable17/49€1.88M€2.89M▲
Amounts payable after more than one year17€324k€336k▲
Financial debts170/4€324k€336k▲
Amounts payable within one year42/48€1.56M€2.56M▲
Current portion of amounts payable after more than one year42€261k€231k▼
Financial debts43-€271k
Credit institutions430/8-€271k
Trade debts44€1.21M€1.90M▲
Suppliers440/4€1.21M€1.90M▲
Taxes, remuneration and social security45€83k€152k▲
Taxes450/3€2k€17k▲
Remuneration and social security454/9€81k€134k▲
Income statement
Code20232024
Non-recurring operating income76A€14k-
Remuneration, social security and pensions62€927k€1.10M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€123k€116k▼
Other operating charges640/8€23k€58k▲
Non-recurring operating charges66A€16k€66k▲
Gross operating margin9900€1.55M€2.10M▲
Operating profit (loss)9901€465k€764k▲
Financial income75/76B€894€1k▲
Recurring financial income75€894€1k▲
Financial charges65/66B€23k€37k▲
Recurring financial charges65€23k€37k▲
Profit (loss) for the period before taxes9903€443k€728k▲
Income taxes67/77€166k€258k▲
Profit (loss) for the period9904€277k€471k▲
Profit (loss) for the period to be appropriated9905€277k€471k▲
Appropriation of the result
Profit (loss) to be appropriated9906€287k€481k▲
Profit (loss) brought forward from the previous period14P€10k€10k=
Transfer to equity691/2€277k€471k▲
To other reserves6921€277k€471k▲
Social balance
Average headcount (FTE)908714.3-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 4 days late
2023
31-12
Financial
Equity above €1MEq €1.06M ▲35.2%
4 profitable years in a row build equity to €1.06M.
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
31-12
Financial
Highest result since 2020net €510k ▲91.7%
Operating result €779k, net result €510k, both a record.
31-12
Financial
Equity above €500kEq €787k ▲184%
3 profitable years in a row build equity to €787k.
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
2021
31-12
Financial
Equity above €200kEq €277k ▲2445%
2 profitable years in a row build equity to €277k.
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2013
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.
Onze-Lieve-Vrouwstraat(BEV) 989120 Beveren-Kruibeke-ZwijndrechtGround area
1.3 ha
Building footprint
2,702 m²
Volume, LiDAR
17,049 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Walgoedstraat 2, 9140 Temse
since 20132.222.174.384
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0200/05C000 | Flanders | 1.2 ha | 1 · 2,602 m² | 9.5 m · 2 fl. |
| 46503C0554/00P000 | Flanders | 621 m² | 1 · 100 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 51,315 EUR awarded · 51,063 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 16,462 EUR | 16,462 EUR |
| 2024 | 2 | 8,188 EUR | 7,936 EUR |
| 2023 | 1 | 13,939 EUR | 13,939 EUR |
| 2022 | 1 | 12,726 EUR | 12,726 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTemse2.222.174.384
Legal Entity Identifier
894500058D0BQMQZQU19
Similar companies · same sector, comparable size
F.E.S TRANS
BE 0848.992.894
Anderlecht · Eq €1.53M
EASYWASH INT.
BE 0433.910.296
Opwijk · Eq €1.53M
Waasland Recycling
BE 0832.005.127
Sint-Gillis-Waas · Eq €1.53M
Vervoer Van Neyghem
BE 0400.756.587
Affligem · Eq €1.53M
TRANSPORT LEIN
BE 0439.167.894
Zonnebeke · Eq €1.54M
Of 12,603 companies in sector 49410 we hold annual accounts for 8,196. 3,456 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2013
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.