KATOEN NATIE BULK TERMINALS
ActiveSummary
KATOEN NATIE BULK TERMINALS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152.89M and a net result of €-6.51M. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 67% of 652 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-37
Solvency80▼-4
Growth51▼-1
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 2.15 against 1.86 in 2024; short-term debt: 9.5% and cash: 0% of total assets), and 45.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 52
Relative position
BE, all sectors
reference
Sector 52
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 2025Solvency, return and age of the figures
Solvency
54.8%
Return on assets
-2.3%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
30 d early
2023
1 d early
2022
21 d late
2021
4 d late
2020
6 d late
2019
10 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€129.16M▼ 1.4%
2024 · €130.99M
2018: €96.32M
2019: €103.43M
2020: €96.00M
2021: €106.22M
2022: €122.28M
2023: €122.87M
2024: €130.99M
2018 → 2025
EBIT margin
-1.3%▼ 9.5pp
2024 · 8.2%
2018: 2.0%
2019: 24.7%
2020: 10.5%
2021: 10.5%
2022: 7.4%
2023: 11.1%
2024: 8.2%
2018 → 2025
Net result
€-6.51M
2024 · €62.84M
2018: €116.21M
2019: €17.13M
2020: €12.58M
2021: €2.75M
2022: €1.43M
2023: €7.25M
2024: €62.84M
2018 → 2025
Working capital
€30.64M▲ 16.3%
2024 · €26.34M
2018: €45.21M
2019: €30.49M
2020: €44.02M
2021: €-7.68M
2022: €23.61M
2023: €30.39M
2024: €26.34M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€106.22M-€122.28M▲ 15.1%€122.87M▲ 0.5%€130.99M▲ 6.6%€129.16M▼ 1.4%
Equity€112.30M-€135.48M▲ 20.6%€163.32M▲ 20.6%€162.19M▼ 0.7%€152.89M▼ 5.7%
Operating result€11.10M-€9.01M▼ 18.9%€13.62M▲ 51.2%€10.79M▼ 20.8%€-1.66M
Net result€2.75M-€1.43M▼ 48.0%€7.25M▲ 406%€62.84M▲ 767%€-6.51M
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1.66M after €10.79M in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €279.22M
Fixed assets
€221.97M ▲ 2.3%
Current assets
€57.26M ▲ 0.5%
Equity and liabilities €279.22M
Equity
€152.89M ▼ 5.7%
Provisions
€225k ▼ 47.2%
Debt
€126.11M ▲ 13.3%
Debt's share of the balance-sheet total rises from 40.6% to 45.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9.14M▼
2024 · €19.86M
Cash flow
€4.28M▼
2024 · €71.92M
Current ratio
2.15▲
2024 · 1.86
Debt to equity
0.82▲
2024 · 0.69
ROE
-4.3%▼
2024 · 38.7%
ROA
-2.3%▼
2024 · 22.9%
Interest coverage
1.64▼
2024 · 2.67
Debt ≤ 1 year
€26.62M▼
2024 · €30.62M
Debt > 1 year
€96.52M▲
2024 · €77.52M
Income taxes
€17k▼
2024 · €671k
Staff costs
€3.73M▼
2024 · €3.89M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 93 lines
Balance sheet
Code20242025
Assets
Total assets20/58€273.88M€279.22M▲
Fixed assets21/28€216.93M€221.97M▲
Tangible fixed assets22/27€62.47M€73.19M▲
Land and buildings22€57.09M€65.93M▲
Plant, machinery and equipment23€931k€1.21M▲
Furniture and vehicles24€4.45M€6.05M▲
Financial fixed assets28€154.46M€148.77M▼
Affiliated companies280/1€38.45M€38.45M=
Participating interests280€38.45M€38.45M=
Other financial fixed assets284/8€116.01M€110.33M▼
Shares284€115.75M€110.08M▼
Amounts receivable and cash guarantees285/8€261k€252k▼
Current assets29/58€56.95M€57.26M▲
Amounts receivable after more than one year29€849k-
Other amounts receivable291€849k-
Amounts receivable within one year40/41€53.48M€55.02M▲
Trade receivables40€32.90M€34.26M▲
Other amounts receivable41€20.58M€20.76M▲
Cash at bank and in hand54/58€12k€8k▼
Deferred charges and accrued income490/1€2.61M€2.23M▼
Equity and liabilities
Total equity and liabilities10/49€273.88M€279.22M▲
Equity10/15€162.19M€152.89M▼
Contributions10/11€98.75M€98.75M=
Capital10€98.74M€98.74M=
Issued capital100€98.74M€98.74M=
Outside capital11€1k€1k=
Share premium1100/10€1k€1k=
Reserves13€63.45M€60.57M▼
Non-distributable reserves130/1€5.36M€5.36M=
Legal reserve130€5.36M€5.36M=
Tax-exempt reserves132€55.29M€55.20M▼
Distributable reserves133€2.79M-
Profit (loss) carried forward14-€-6.43M
Provisions and deferred taxes16€426k€225k▼
Provisions for liabilities and charges160/5€344k€172k▼
Other liabilities and charges164/5€344k€172k▼
Deferred taxes168€82k€53k▼
Amounts payable17/49€111.26M€126.11M▲
Amounts payable after more than one year17€77.52M€96.52M▲
Financial debts170/4€77.47M€96.47M▲
Subordinated loans170€52.14M€52.14M=
Other loans174€25.33M€44.33M▲
Other amounts payable178/9€52k€55k▲
Amounts payable within one year42/48€30.62M€26.62M▼
Trade debts44€26.15M€24.47M▼
Suppliers440/4€26.15M€24.47M▼
Taxes, remuneration and social security45€4.47M€1.29M▼
Taxes450/3€3.89M€712k▼
Remuneration and social security454/9€574k€576k▲
Other amounts payable47/48€3€859k▲
Accrued charges and deferred income492/3€3.13M€2.97M▼
Income statement
Code20242025
Operating income70/76A€137.65M€134.68M▼
Turnover70€130.99M€129.16M▼
Other operating income74€6.61M€5.33M▼
Non-recurring operating income76A€50k€187k▲
Operating charges60/66A€126.86M€136.34M▲
Services and other goods61€109.31M€109.82M▲
Remuneration, social security and pensions62€3.89M€3.73M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9.07M€10.80M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k€31k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-65k€-171k▼
Other operating charges640/8€4.66M€4.59M▼
Non-recurring operating charges66A-€7.54M
Operating profit (loss)9901€10.79M€-1.66M▼
Financial income75/76B€60.09M€2.39M▼
Recurring financial income75€2.60M€2.39M▼
Income from financial fixed assets750€1.99M€2.05M▲
Income from current assets751€611k€142k▼
Other financial income752/9€1k€199k▲
Non-recurring financial income76B€57.48M-
Financial charges65/66B€7.40M€7.26M▼
Recurring financial charges65€7.40M€5.61M▼
Debt charges650€7.44M€5.58M▼
Other financial charges652/9€-42k€24k▲
Non-recurring financial charges66B-€1.66M
Profit (loss) for the period before taxes9903€63.48M€-6.53M▼
Transfer from deferred taxes780€33k€32k▼
Transfer to deferred taxes680€480€2k▲
Income taxes67/77€671k€17k▼
Taxes670/3€671k€17k▼
Profit (loss) for the period9904€62.84M€-6.51M▼
Transfer from tax-exempt reserves789€98k€96k▼
Transfer to tax-exempt reserves689€1k€7k▲
Profit (loss) for the period to be appropriated9905€62.94M€-6.43M▼
Appropriation of the result
Profit (loss) to be appropriated9906€62.94M€-6.43M▼
Transfer from equity791/2€6.97M€2.79M▼
From reserves792€6.97M€2.79M▼
Transfer to equity691/2€5.94M-
To the legal reserve6920€3.15M-
To other reserves6921€2.79M-
Profit to be distributed694/7€63.97M€2.79M▼
Return on contributions (dividend)694€63.97M€2.79M▼
Social balance
Average headcount (FTE)908743.043.5▲
The notes to these accounts (77 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-6.51M ▼110%
Net result drops to €-6.51M, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 4 days late
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 6 days late
2020
31-12
Financial
Equity above €100MEq €109.55M ▲12.3%
3 profitable years in a row build equity to €109.55M.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 10 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
34 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 · 3 establishment units since 1999
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.
Haandorpweg(KAL) 19130 Beveren-Kruibeke-ZwijndrechtGround area
11.0 ha
Building footprint
5.2 ha
Volume, LiDAR
543,717 m³
3 parcels, Flanders · tallest building 31.0 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
KATOEN NATIE BULK TERMINALS NV
since 19992.041.043.316
Katoen Natie Bulk Terminals
since 20192.287.632.558
Katoen Natie Bulk Terminals
since 20192.287.632.855
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46010D0416/00C000 | Flanders | 4.2 ha | 1 · 2.1 ha | 31.0 m · 4 fl. |
| 11814C0016/00H000 | Flanders | 3.9 ha | 1 · 1.0 ha | 15.6 m · 3 fl. |
| 46010E0345/00L002 | Flanders | 2.9 ha | 1 · 2.1 ha | 16.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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
2024 to 2025 · 3 entries · 752,199 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 0 EUR |
| 2024 | 1 | 752,199 EUR | 0 EUR |
Schemes
Ecologiepremie+
Recognitions · licences · registrations
Dual-learning approval
4 endedLogistiek duaal (so)
Bestuurder heftruck (so)
Bestuurder reachtruck (so)
Magazijnmedewerker (so)
Legal Entity Identifier
549300BZ0RBDDEQI0A67
Similar companies · same sector, comparable size
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GHENT HANDLING AND DISTRIBUTION
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SABEEN
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ITC ANTWERP
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Of 1,030 companies in sector 52100 we hold annual accounts for 765. 61 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-10-1988
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
52241Warehousing and support activities for transportation
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.