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INTER LOGISTICS

Active
Private limited companyfounded 2022active for 4 yearsGendarmeriestraat 10, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0781.592.247

Financials · financial year 2025, micro format

2025 annual accounts filed 71 days after the deadline Filed on 10 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00557711.

Annual accounts 2025 filed on 10-10-2026 at the NBB all 4 filings

Equity
-€3,406
2024 · €10,504
Total assets
€48,804▼ 11.4%
2024 · €55,111
Net result
-€13,910
2024 · €4,588
Working capital
-€29,766▼ 28.8%
2024 · -€23,115
Trend over the years

2022 to 2025, 4 financial years

The operating result for 2025 is a loss of €13,102, after a profit of €6,462 in 2024. It is the lowest result since 2022.

Operating result-€13,102 2025 Net result-€13,910 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Postal and courier activities (NACE 53). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result-€3,935-€3,073€6,462▲ 110%-€13,102
Net result-€3,998below the sector's middle half-€2,914within the sector's middle half€4,588within the sector's middle half▲ 57.4%-€13,910below the sector's middle half
Equity€3,002below the sector's middle half-€5,916within the sector's middle half▲ 97.1%€10,504within the sector's middle half▲ 77.5%-€3,406below the sector's middle half
Total assets€24,147below the sector's middle half-€41,207within the sector's middle half▲ 70.7%€55,111within the sector's middle half▲ 33.7%€48,804within the sector's middle half▼ 11.4%
Debt€21,145-€35,291▲ 66.9%€44,608▲ 26.4%€52,210▲ 17.0%
Working capital-€5,631within the sector's middle half-€6,412within the sector's middle half-€23,115below the sector's middle half-€29,766below the sector's middle half▼ 28.8%
Solvency12.4%within the sector's middle half-14.4%within the sector's middle half▲ 1.9pp19.1%within the sector's middle half▲ 4.7pp-7.0%below the sector's middle half▼ 26.0pp
Current ratio0.73below the sector's middle half-1.18within the sector's middle half▲ 0.450.48below the sector's middle half▼ 0.700.43below the sector's middle half▼ 0.05
Return on assets (ROA)-16.6%below the sector's middle half-7.1%within the sector's middle half▲ 23.6pp8.3%within the sector's middle half▲ 1.3pp-28.5%below the sector's middle half▼ 36.8pp
Staff (FTE)10▼ 100%
above within below The sector band is the middle half of the companies in Postal and courier activities (NACE 53). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48,804
Fixed assets €26,359 ▼ 21.6%
Current assets €22,445 ▲ 4.4%
Equity and liabilities
Equity-€3,406
Debt€52,210
Equity is negative. Debt (€52,210) exceeds the balance-sheet total (€48,804).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€5,843▼
2024 · €9,141
Cash flow
-€6,650▼
2024 · €7,266
Interest coverage
-18.96▼
2024 · 41.37
Debt ≤ 1 year
€52,210▲
2024 · €44,608
Income taxes
€500▼
2024 · €1,654
Supplier credit
101 days
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202331-12-2024
Employees at the balance-sheet date1-
part-time1-
in full-time equivalents0.4-
Average over the year, in full-time equivalents0.4-
On a permanent contract10
Joined10
Left10

Source: social balance sheet in the 2023 to 2024 annual accounts

Investments

fixed assets acquired
Item2022202320242025
Tangible fixed assets€11,983-€36,298-
Depreciation and write-downs of the year€3,322-€2,679€7,260

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as INTER LOGISTICS: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €37,100 and €58,900, founded between 2020 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
INTER LOGISTICS Vilvoorde2022€48,804-€3,406-€4,586-€13,9102025
KRUIJSSEN RIGGING SUPPORT Merksplas2023€48,075€40,199-€147€6022025
AUTOHAN Londerzeel2020€37,635-€7,582€1,132-€11,9462025
TRADING MULTIMARKA Sint-Jans-Molenbeek2021€38,230-€21,919-€11,786-€14,1872025
A.M.I.GROUP Temse2023€40,199-€599-€19,126-€28,5872025
A&R Group Elsene2023€37,150€9,917€1,167-€3132025
YL Consulting Wemmel2024€58,901-€6,154-€31,375-€39,6402025

They were chosen from the 1,238 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 7,639 companies had the same profile as INTER LOGISTICS has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.9% was still going

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of INTER LOGISTICS itself: 7.6% within 12 months.

Test of the method

The method was tested on the 497,446 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 3.0% 3.1%
10 5.6% 6.2%

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 7,639 companies, not a prediction for INTER LOGISTICS. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Source: Annual accounts 2025 at the NBB, filed on 10-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€55,111€48,804▼
Fixed assets21/28€33,619€26,359▼
Tangible fixed assets22/27€33,619€26,359▼
Furniture and vehicles24€33,619€26,359▼
Current assets29/58€21,492€22,445▲
Amounts receivable within one year40/41€13,094€19,673▲
Trade receivables40€9,518€17,639▲
Other amounts receivable41€3,576€2,034▼
Cash at bank and in hand54/58€6,072€2,734▼
Deferred charges and accrued income490/1€2,326€38▼
Equity and liabilities
Total equity and liabilities10/49€55,111€48,804▼
Equity10/15€10,504-€3,406▼
Contributions10/11€7,000€7,000=
Profit (loss) carried forward14€3,504-€10,406▼
Amounts payable17/49€44,608€52,210▲
Amounts payable within one year42/48€44,608€52,210▲
Trade debts44€6,722€17,154▲
Suppliers440/4€6,722€17,154▲
Taxes, remuneration and social security45€2,435€4,084▲
Taxes450/3€1,715€4,084▲
Remuneration and social security454/9€720-
Other amounts payable47/48€35,450€30,972▼
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61-€61,991
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,679€7,260▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,257
Other operating charges640/8€2,043-
Gross operating margin9900€11,183-€4,586▼
Operating profit (loss)9901€6,462-€13,102▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€221€308▲
Recurring financial charges65€221€308▲
Profit (loss) for the period before taxes9903€6,241-€13,410▼
Income taxes67/77€1,654€500▼
Profit (loss) for the period9904€4,588-€13,910▼
Profit (loss) for the period to be appropriated9905€4,588-€13,910▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,504-€10,406▼
Profit (loss) brought forward from the previous period14P-€1,084€3,504▲

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2022202320242025Change
Non-recurring operating income76A-€838---
Goods, raw materials, services and sundry goods60/61---€61,991-
Remuneration, social security and pensions62-€1,953---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,322-€2,679€7,260▲ 171%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€1,257-
Other operating charges640/8€599€297€2,043--
Gross operating margin9900-€14€5,323€11,183-€4,586-
Operating profit (loss)9901-€3,935€3,073€6,462-€13,102-
Financial income75/76B€11--€1-
Recurring financial income75€11--€1-
Financial charges65/66B€75€97€221€308▲ 39.5%
Recurring financial charges65€75€97€221€308▲ 39.5%
Profit (loss) for the period before taxes9903-€3,998€2,976€6,241-€13,410-
Income taxes67/77-€61€1,654€500▼ 69.8%
Profit (loss) for the period9904-€3,998€2,914€4,588-€13,910-
Profit (loss) for the period to be appropriated9905-€3,998€2,914€4,588-€13,910-
Line2022202320242025Change
Assets
Total assets20/58€24,147€41,207€55,111€48,804▼ 11.4%
Fixed assets21/28€8,662-€33,619€26,359▼ 21.6%
Tangible fixed assets22/27€8,662-€33,619€26,359▼ 21.6%
Furniture and vehicles24€8,662-€33,619€26,359▼ 21.6%
Current assets29/58€15,485€41,207€21,492€22,445▲ 4.4%
Stocks and contracts in progress3-€29,774---
Stocks30/36-€29,774---
Amounts receivable within one year40/41€10,269€7,560€13,094€19,673▲ 50.2%
Trade receivables40€10,269€7,560€9,518€17,639▲ 85.3%
Other amounts receivable41--€3,576€2,034▼ 43.1%
Cash at bank and in hand54/58€5,011€2,522€6,072€2,734▼ 55.0%
Deferred charges and accrued income490/1€205€1,351€2,326€38▼ 98.4%
Equity and liabilities
Total equity and liabilities10/49€24,147€41,207€55,111€48,804▼ 11.4%
Equity10/15€3,002€5,916€10,504-€3,406-
Contributions10/11€7,000€7,000€7,000€7,000=
Profit (loss) carried forward14-€3,998-€1,084€3,504-€10,406-
Amounts payable17/49€21,145€35,291€44,608€52,210▲ 17.0%
Amounts payable within one year42/48€21,116€34,795€44,608€52,210▲ 17.0%
Current portion of amounts payable after more than one year42-€500---
Trade debts44€1,476€1,671€6,722€17,154▲ 155%
Suppliers440/4€1,476€1,671€6,722€17,154▲ 155%
Taxes, remuneration and social security45€7,398€6,214€2,435€4,084▲ 67.7%
Taxes450/3€3,732€2,411€1,715€4,084▲ 138%
Remuneration and social security454/9€3,665€3,803€720--
Other amounts payable47/48€12,243€26,410€35,450€30,972▼ 12.6%
Accrued charges and deferred income492/3€29€496---
Line2022202320242025Change
Profit (loss) for the period9904-€3,998€2,914€4,588-€13,910-
+ Depreciation and write-downs630€3,322-€2,679€7,260▲ 171%
Operating cash flow (approximation)-€676€2,914€7,266-€6,650-
Investment in fixed assets (approximation)---€0-
Change in cash--€2,489€3,550-€3,339-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 micro format 10-10-2026 2026-00557711 NBB
31-12-2024 micro format 28-09-2025 2025-00513023 PDF
31-12-2023 micro format 20-07-2024 2024-00268712 PDF
31-12-2022 micro format 14-08-2023 2023-00328640 PDF

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