IF LOGISTICS
The computed 12-month bankruptcy probability of IF LOGISTICS is 4.3% (elevated). The 2024 annual accounts show negative equity (€-10k) and a net result of €-34k. Equity is shrinking by ~78.4% per year across the filed fiscal years. Its solvency ranks better than 13% of 6698 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-10k |
| Net result | €-34k |
| Better than sector | 13% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -47.0% | 20.4% | |
| Net result | €-34k | €4k | |
| Equity | €-10k | €16k | |
| Gross operating margin | €24k | €24k | |
| Staff costs | €46k | €33k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-28k |
| Net profit | €-34k |
| Cash flow | €-34k |
| Staff costs | €46k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €20k |
| Equity | €-10k |
| Debt | €30k |
| of which ≤ 1y | €30k |
| of which > 1y | - |
| Working capital | €-20k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.34 |
| Quick ratio | 0.34 |
| Working capital ratio | -96.4% |
| Solvency | -47.0% |
| Debt / equity | -3.13 |
| Long-term debt ratio | - |
| Interest coverage | -7.70 |
| Gross margin | - |
| Net margin | - |
| ROA | -169.5% |
| ROE | 360.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €20k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €1k |
| Financial fixed assets | 28 | €9k |
| Current assets | 29/58 | €10k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €9k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €20k |
| Equity | 10/15 | €-10k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-30k |
| Amounts payable | 17/49 | €30k |
| Amounts payable within one year | 42/48 | €30k |
| Trade debts payable within one year | 44 | €9k |
| Income statement | ||
| Gross operating margin | 9900 | €24k |
| Operating result | 9901 | €-29k |
| Financial income | 75 | €86 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-32k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-34k |
| Result to be appropriated | 9905 | €-34k |
-
Basbayan Ahmet BabaDirectorState Gazette act 25101091 (08-08-2025)Current01-08-2025 → present
-
Yildrim FiratDirectorState Gazette act 25006076 (14-01-2025)Current01-01-2025 → present
Former directors (2)
-
Yildrim FeratDirectorState Gazette act 25101091 (08-08-2025)Former- → 01-08-2025
-
Develi llaydaDirectorState Gazette act 25006076 (14-01-2025)Former- → 01-01-2025
| NACE primary | Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)(47811) |
| Legal form | Private limited company(610) |
| Incorporation | 10-02-2022 |
| Status | Active |
| Postal code | 1800 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0189/00C000 | Flanders | 747 m² | 1 · 143 m² | 16.3 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-08-2025 Transaction in capital or shares
Technical details
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}14-01-2025 Transaction in capital or shares
Technical details
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}06-12-2023 Registered office moved from EVERE to Vilvoorde
- 1140 EVERE, rue Colonel Bourg 127-129 → 1800 Vilvoorde, J.B. Davidstraat 15 boîte 01/1
Technical details
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"co_filed_documents": [
"exp\u00E9dition de l\u0027acte"
]
}06-12-2023 Registered office moved to EVERE
- 1140 EVERE, Kolonel Bourgstraat 127-129
Technical details
{
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]
}03-08-2023 Registered office moved within Evere
- Avenue Jules Bordet 140, 1140 Evere → Colonel Bourg 127-129 b 16-1140 Evere
Technical details
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"events": [
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},
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"date": "2023-07-22",
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},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | IF LOGISTICS |