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Katoen Natie

Active
Public limited companyfounded 1968active for 58 yearsVan Aerdtstraat 33, 2060 Antwerpen, Belgium26 active companies are registered at this addressKBO/BCE: BE 0404.778.426
Summary

Katoen Natie has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €488.0m and a net result of €8.1m. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 47% of 1,066 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Freight transport by road
NACE 49410Warehousing and storage NACE 52100Warehousing and support activities for transportation NACE 52241
2nd largest company by total assets in the province of Antwerp, Land transport sector1 site
Size
€25.7mturnover 2025
Staff
40.7 FTE
Equity
€488.0m
Profit
€8.1m
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
Katoen Natie Group SA
Holdings
25
Accounts 24 days early
Why 82raises riskLiquidity: current ratio 0.59, cash €6.6m, halvedSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1968Size: turnover €25.7m, 40.7 FTE, total assets €1.30bnShow the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 28% of its sector peers (NACE 49, small)
Financial strength · tick = 2024
Weak
Solvency 62-4
equity 37.4% of total assets
Liquidity 22-3
short-term debt 55.9% · cash 0.5%
Profitability 13-1
return on assets 0.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,180 companies, NACE 49, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €2,550,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.59, compared with 0.58 in 2024, below 1; short-term debt: 55.9% and cash: 0.5% of total assets), and 62.6% 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 49, small): better than 51% on solvency, 13% on liquidity, 6% on profitability and 40% on growth.

The bankruptcy probability was computed on 19-10-2026 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 riskraises riskneutral
raises risk · Liquidity: current ratio 0.59, cash €6.6m, halved
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 1968
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €25.7m, 40.7 FTE, total assets €1.30bn
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
28 days early
2023
1 day early
2022
21 days late
2021
1 day late
2020
1 day early
2019
11 days late
← 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 3 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% 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 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Ernst & Young Bedrijfsrevisoren (statutory…Permanent representative: Ronald Van den…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Weakest financial yearnet €8.1m ▼52.9%

Key points

  • Positive: Among the best 5% on net resultsector median €50,591 · 1,064 companies €8.1m View
  • Caution: Result fell in 2025from €17.1m to €8.1m ▼ 52.9% View
  • Controlled by Katoen Natie Group SAknown shareholders 100% parent View
  • Positive: 8 profitable years in a rowprofit 2025: €8.1m 8 years View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Financial year
2025
Turnover
€25.7m
Profit
€8.1m
Solvency
37.4%
Turnover▲ 2.5%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
Katoen Natie Group SA
Known shareholders
100%
  • Dirk MichielsensDirector
  • Finanz ConsultingDirector
  • Patrik NaenenDirector
Go to Board & ownership

Timeline

Events
85
Since
1978
Next accounts
by 31-07-2027
  1. 03-07-2025Annual accounts filed
  2. 30-07-2024Annual accounts filed
  3. 02-01-2024Capital & shares
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“De vennootschap heeft de uitoefening van de volgende verrichtingen tot voorwerp, zowel in…” (deed in Dutch)
Go to Articles of association

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