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KEY LOGISTICS

Active
Private limited company (pre-2019)founded 2014active for 12 yearsLeerhoeklaan 87, 2180 Antwerpen, BelgiumKBO/BCE: BE 0544.787.632
Summary

The computed 12-month bankruptcy probability of KEY LOGISTICS is 2.1% (moderate). The 2025 annual accounts show negative equity (-€65,818) and a net result of €1,454. Equity is growing by about 5.9% per year across the filed financial years. Its solvency ranks better than 5% of 163 sector peers (NACE 53, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Postal and courier activities
NACE 53100
1 site
Size
€75,984total assets 2025
Equity
-€65,818
Profit
€1,454
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Structure
Accounts 25 days early0 of 2 deeds read
Why 52raises riskSector: Postal and courier activities (NACE 53)Negative equity -€65,818Liquidity: current ratio 0.46, cash €148lowers riskFounded in 2014Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 53, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -86.6% of total assets
Liquidity 0=
short-term debt 186.6% · cash 0.2%
Profitability 43-57
return on assets 1.9%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 2.6% (911 companies, NACE 53, micro)
Last 24 months 11-2024: 5.4%highest value 12-2024: 5.4%● unchanged vs 11-2024highest value 01-2025: 5.4%● unchanged vs 12-2024 02-2025: 5.4%● unchanged vs 01-2025 03-2025: 5.3%▼ -0.1 percentage points vs 02-2025 04-2025: 5.3%● unchanged vs 03-2025 05-2025: 5.1%▼ -0.2 percentage points vs 04-2025 06-2025: 4.9%▼ -0.2 percentage points vs 05-2025 07-2025: 2.4%▼ -2.5 percentage points vs 06-2025 08-2025: 2.4%● unchanged vs 07-2025 09-2025: 2.4%● unchanged vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.0%▼ -0.4 percentage points vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 2.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.9%▼ -0.2 percentage points vs 04-2026 06-2026: 1.9%● unchanged vs 05-2026lowest value 07-2026: 2.0%▲ +0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.1 percentage points vs 07-2026 09-2026: 2.1%● unchanged vs 08-2026 10-2026: 2.1%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.46, compared with 0.52 in 2024, below 1; short-term debt: 186.6% and cash: 0.2% of total assets), and equity is negative.
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 53, micro): better than 7% on solvency, 3% on liquidity, 30% on profitability and 42% on growth.

The bankruptcy probability was computed on 22-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Sector: Postal and courier activities (NACE 53)
KBO
raises risk · Negative equity -€65,818
NBB · annual accounts
raises risk · Liquidity: current ratio 0.46, cash €148
NBB · annual accounts
lowers risk · Founded in 2014
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 163 sector peers (2025).
NBB · sector comparison
Position among 163 sector peers
Solvency
better than 5%
← weakest strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
25 days early
2024
58 days early
2023
20 days late
2022
48 days early
2021
44 days late
2020
72 days late
2019
438 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 63 days after the deadline; the sector median (NACE 53) for financial year 2024 is 13 days after the deadline, and 56% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawal
Searched, nothing found (1)
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 6 July (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €27,102

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€65,818 View
  • Caution: Among the weakest 5% on solvencysector median 34.5% · 163 companies -86.6% View
  • Total assets 20256 financial years filed €75,984 View

By topic

Financials

Financial year
2025
Total assets
€75,984
Profit
€1,454
Solvency
-86.6%
Total assets▲ 0.5%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 31-07-2027
  1. 20-08-2024Annual accounts filed
  2. 13-06-2023Annual accounts filed
  3. 13-09-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Postal and courier activitiesNACE 53100
Founded
23-01-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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