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BECARGO

Active Private limited companyfounded 2010active for 16 yearsMaastrichtersteenweg 136, 3500 HasseltKBO/BCE: BE 0825.145.148

Lifetime

15 annual accounts with figures on one time axis
peak €535,985 (2019)
€209,108▲ 131%
lowest -€78,897 (2012)
€14,564▲ 595%
peak €670,899 (2023)
€620,288▲ 2.4%
€93,526▼ 23.0%
peak 7.2 FTE (2020)
1 FTE▼ 9.1%
Board2 names since 2018
Owners
  
Documentsfilings and deeds
30-10-20261 day before the deadline
2026abbreviated format
Gross margin from €90,499 to €209,108Result from €2,095 to €14,564Staff from 1.1 FTE to 1 FTEDebts from €121,526 to €93,526

Key points

from the 2026 annual accounts

Staff

1 FTE from 7.2 in 2020

Between 2020 and 2026, 86% of the full-time equivalents disappeared.

Filings

15 annual accounts since 2012
deadline201520202025

Five of the last ten came late. The 2022 accounts came latest: 448 days after the end of the period.

Position in the sector

86.9%

Higher solvency than 90% of companies in warehousing and transport support. Sector median 41.9% · 111 companies.

Checked score

92
Excellent
Financially stronger than 54% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).

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

Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.7%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 1.7%● unchanged vs 06-2025highest value 08-2025: 1.6%▼ -0.1 percentage points vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 0.2%▼ -1.4 percentage points 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: 0.2%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026 11-2026: 0.1%▼ -0.3 percentage points vs 10-2026lowest value

Financial strength
Strong

100=equity 86.9% of total assets
57=short-term debt 12.9% · cash 7.4%
32+2return on assets 2.0%

Score breakdown

raises risk
Sector: Warehousing and support activities for transportation (NACE 52)
lowers risk
Equity €620,288 (86.9% of total assets)
Founded in 2010
Figures for financial year 2026 (filed on 05-11-2026)
Calculation

The band follows from the bankruptcy probability. 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 52, micro). It does better than 89% of them on solvency, 62% on liquidity, 21% on profitability and 43% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as BECARGO has now. Each dot stands for 28 companies, two years later.

95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BECARGO itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 10,904 companies, not a prediction for BECARGO. 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 of up to €55,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.13 (4.73 in 2025), above the usual 1.5. Short-term debt is 12.9% and cash 7.4% of total assets. 13.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Equity €620,288 (86.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2026 (filed on 05-11-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
1 day early
2025
32 days early
2024
2 days early
2023
83 days late
2022
448 days late
2021
432 days late
2020
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 136 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (4 of the last 5 accounts filed within 84 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VH
Director, VANHERCK Christoph, since 04-12-2018
  • VAN HERCK Christoph Serge Didier Bonapart 35 sharesdeed of 22-11-2018
  • BOUCHAT Jonathan 30 sharesdeed of 22-11-2018
  • ERGINBAS Yusuf 35 sharesdeed of 22-11-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0825145148
Change of role: VAN HERCK CONSULTANCY, from manager to director Permanent representative: VANHERCK Christoph · “De groot- en kleinhandel,import en export,de handelsbemiddeling,commissionair,via internet(E-commerce),via…” (deed in Dutch) · General meeting of 05-07-2024 · Gazette deed
Registered office moved within Hasselt New registered office: Maastrichtersteenweg 136 bus 1 te 3500 Hasselt · Previous registered office: Priorijlaan 15, 3500 Hasselt · Permanent representative: Van Herck Christoph · Board meeting of 26-05-2021 · Gazette deed
New manager Van Herck Consultancy appointed, Van Herck Christoph resigned · Permanent representative: Van Herck Christoph · Director discharge: Van Herck Christoph (zaakvoerdersmandaat) · General meeting of 04-12-2018 · Gazette deed
All 29 events

Comparable companies

same main activity, similar in size and age
Company
BECARGO Hasselt €0.7m €209,108 86.9% 1
Select Logistics Herenthout €0.6m €151,276 66.7% 1
ALL-INN SERVICES Genk €0.5m €263,976 68.2% 1.5
CEBO TEAM Uccle €0.8m €116,402 23.7% 1
PLS Brecht €0.6m €183,013 67.3% 1.8
GCA LOGISTICS Antwerp €1.1m €351,757 29.6% 0.8
KSL & Warehousing Antwerp €0.9m €125,115 29.9% 1.5

These companies have the same main activity as BECARGO: logistics services (NACE 52250). They are comparable in size and age: total assets between €482,000 and €1.1m, founded between 2007 and 2013.

Official details

Source: KBO
Status
Active since 14-04-2010Normal situation
Activity
Logistics servicesNACE 52250and 2 others
Joint committees
140Transport and logistics
226White-collar workers in international trade, transport and logistics · annual accounts 31-03-2026
Establishment unit
2.187.437.4964460 Grâce-Hollogne, since 05-05-2010
Financial year end
31 March
Peppol
Reachable since 26-09-2025
Company details

Annual accounts to 31-03-2026

≈ €530,000estimated
€713,814▼ 1.8%
Employeeson 31-03-2026
1=
Filing
Filed on 30-10-2026, 1 day before the end of the filing period
Financials

Insights on BECARGO

BECARGO files the abbreviated format. That format states no turnover. The gross margin rose from -€66,746 in 2012 to €209,108 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BECARGO

What is the company number of BECARGO?
The company number of BECARGO is 0825.145.148. The VAT number is the same number with BE in front: BE 0825.145.148.
Where is BECARGO based?
The registered office is at Maastrichtersteenweg 136, 3500 Hasselt.Company details
What does BECARGO do?
According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of BECARGO?
BECARGO is a private limited company (BV).
When was BECARGO founded?
BECARGO was founded on 14-04-2010.
Is BECARGO still active?
Yes, BECARGO is an active enterprise in the KBO register.
How many employees does BECARGO have?
BECARGO had an average of 1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does BECARGO fall under?
In its 31-03-2026 annual accounts, BECARGO states joint committees 140 (Transport and logistics) and 226 (White-collar workers in international trade, transport and logistics).
What is the turnover of BECARGO?
The turnover in financial year 2026 is ≈ €530,000. This figure is estimated from the gross margin of €209,108 and 1,649 comparable companies of the same size. It probably lies between €320,000 and €990,000. It is a rough estimate. In financial year 2024 turnover was €425,731.
Is BECARGO profitable?
In financial year 2026, BECARGO made a profit of €14,564.
Where can I find the annual accounts of BECARGO?
BECARGO filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of BECARGO due?
BECARGO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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