KLN FREIGHT (BELGIUM)
ActiveSummary
KLN FREIGHT (BELGIUM) has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51.0m and a net result of €6.1m. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 95% of 78 sector peers (NACE 50, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 28-04-2006 Normal situation
- Activity
- Water transport NACE 50200and 6 others
- Joint committee
- 226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
- Establishment units
- 2.252.417.402 2100 Antwerpen, since 24-07-2015
- 2.395.732.625 1830 Machelen (Brab.), since 26-05-2025and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Board and ownership
- Jean-Claude OrtegaManaging director
- El Haji M'hamedDirector · since 01-05-2022
- Mariska BadalDirector · since 01-06-2025
- Shenzehen Mingde Holding Development Co. Ltdconsolidatesannual accounts 2025
- Holdings
- Shares in 2 companies Kerry Logistics (Central Europ) Gmbh and Kerry Logistics (Netherlands) BV
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Turnover
- €11.2m
- ▼ 4.7%
- Profit
- €6.1m
- ▼ 27.8%
- Equity
- €51.0m
- ▲ 8.7%
- Total assets
- €52.4m
- ▼ 11.2%
- Employees on 31-12-2025
- 12
- ▼ 14.3%
Score breakdownraises riskLiquidity: current ratio 3.41, cash €34,778, halved1 of the last 3 accounts latelowers riskSize: turnover €11.2m, 12.6 FTE, total assets €52.4mEquity €51.0m (97.2% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 50, small). It does better than 88% of them on solvency, 34% on liquidity, 9% on profitability and 47% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 133 days after the deadline. In the sector (NACE 50), the median for financial year 2024 was 3 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignation: Alain De Heldt (director)Appointments: Alban Nuytten (director) and Jean-Claude Ortega (director)
- · Gazette deed Appointment: Mariska Badal (director)
- · Gazette deed Company renamed from KERRY LOGISTICS (BELGIUM) to KLN FREIGHT (BELGIUM)Resignation: ABDOOL-AZEEZKHAN Nasier-Ahmedkhan (director)
Comparable companies
These companies have the same main activity as KLN FREIGHT (BELGIUM): water transport (NACE 50200). They are comparable in size and age: total assets between €6.5m and €265m, founded between 1976 and 2014.
| Company | Total assets | Turnover |
|---|---|---|
| KLN FREIGHT (BELGIUM) Antwerpen | €52.4m | €11.2m |
| FAST LINES BELGIUM Antwerpen | €38.1m | €15.6m |
| EURONAV SHIPPING Antwerpen | €264.6m | €20.3m |
| SEABIRD INTERNATIONAL SHIPPING Antwerpen | €6.5m | €36.4m |
| Altun Logistics Antwerpen | €13.1m | - |
| BOCIMAR INTERNATIONAL Antwerpen | €190.1m | €127.4m |
| FLUVIANT Antwerpen | €11.0m | €2.7m |
Key facts about KLN FREIGHT (BELGIUM)
- What is the company number of KLN FREIGHT (BELGIUM)?
- The company number of KLN FREIGHT (BELGIUM) is 0881.031.006. The VAT number is the same number with BE in front: BE 0881.031.006.
- Where is KLN FREIGHT (BELGIUM) based?
- The registered office is at Middelmolenlaan 168, 2100 Antwerpen.Company details
- What does KLN FREIGHT (BELGIUM) do?
- According to the KBO register, the main activity is water transport (NACE 50200).
- What is the legal form of KLN FREIGHT (BELGIUM)?
- The legal form of KLN FREIGHT (BELGIUM) is Private limited company (BV).
- When was KLN FREIGHT (BELGIUM) founded?
- KLN FREIGHT (BELGIUM) was founded on 28-04-2006.
- Is KLN FREIGHT (BELGIUM) still active?
- Yes, KLN FREIGHT (BELGIUM) is an active enterprise in the KBO register.
- How many employees does KLN FREIGHT (BELGIUM) have?
- KLN FREIGHT (BELGIUM) had an average of 12.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KLN FREIGHT (BELGIUM) fall under?
- In its 2025 annual accounts, KLN FREIGHT (BELGIUM) states joint committee 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
- What is the turnover of KLN FREIGHT (BELGIUM)?
- The turnover of KLN FREIGHT (BELGIUM) was €11.2m in financial year 2025, according to the filed annual accounts.
- Is KLN FREIGHT (BELGIUM) profitable?
- In financial year 2025, KLN FREIGHT (BELGIUM) made a profit of €6.1m.
- Where can I find the annual accounts of KLN FREIGHT (BELGIUM)?
- KLN FREIGHT (BELGIUM) filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KLN FREIGHT (BELGIUM) due?
- KLN FREIGHT (BELGIUM) must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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