Kose Logistics
ActiveThe computed 12-month bankruptcy probability of Kose Logistics is 3.1% (moderate). The 2025 annual accounts show equity of €24k and a net result of €16k. Equity is growing by ~94.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 4527 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency59▲+23
Growth78=
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 0.98 in 2024; short-term debt: 66.2% and cash: 0.1% of total assets), and 66.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 12-01-2026, 73 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
73 d late
2024
324 d late
2023
498 d late
2022
247 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€24k▲ 216%
2024 · €8k
2022: €-19k
2023: €-14k
2024: €8k
2022 → 2025
Total assets
€71k▲ 4.8%
2024 · €68k
2022: €49k
2023: €61k
2024: €68k
2022 → 2025
Net result
€16k▼ 22.4%
2024 · €21k
2022: €-19k
2023: €5k
2024: €21k
2022 → 2025
Working capital
€15k
2024 · €-1k
2022: €-30k
2023: €-23k
2024: €-1k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-19k-€-14k▲ 28.1%€8k€24k▲ 216%
Operating result€-19k-€6k€23k▲ 307%€20k▼ 14.6%
Net result€-19k-€5k€21k▲ 299%€16k▼ 22.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€9k▲ 9.3%
Current assets
€62k▲ 4.1%
Equity and liabilities €71k
Equity
€24k▲ 216%
Debt
€47k▼ 21.9%
The debt ratio falls from 88.8% to 66.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▼
2024 · €24k
Cash flow
€18k▼
2024 · €22k
Solvency
33.8%▲
2024 · 11.2%
Current ratio
1.31▲
2024 · 0.98
Quick ratio
1.31▲
2024 · 0.98
Debt / equity
1.95▼
2024 · 7.90
ROE
68.3%▼
2024 · 278.0%
ROA
23.1%▼
2024 · 31.2%
Interest coverage
9.88▼
2024 · 43.45
Debt
€47k▼
2024 · €60k
Debt ≤ 1 year
€47k▼
2024 · €60k
Income taxes
€1k▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€68k€71k▲
Fixed assets21/28€9k€9k▲
Intangible fixed assets21€9k€7k▼
Tangible fixed assets22/27-€2k
Plant, machinery and equipment23-€2k
Current assets29/58€59k€62k▲
Amounts receivable within one year40/41€59k€62k▲
Trade receivables40€58k€57k▼
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€190€72▼
Equity and liabilities
Total equity and liabilities10/49€68k€71k▲
Equity10/15€8k€24k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€7k€24k▲
Amounts payable17/49€60k€47k▼
Amounts payable within one year42/48€60k€47k▼
Trade debts44€16k€24k▲
Suppliers440/4€16k€24k▲
Advances received on contracts in progress46€13k€13k=
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€30k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€856€2k▲
Gross operating margin9900€25k€23k▼
Operating profit (loss)9901€23k€20k▼
Financial charges65/66B€557€2k▲
Recurring financial charges65€557€2k▲
Profit (loss) for the period before taxes9903€22k€17k▼
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€21k€16k▼
Profit (loss) for the period to be appropriated9905€21k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€24k▲
Profit (loss) brought forward from the previous period14P€-14k€7k▲
The notes to these accounts (8 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
12-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 73 days late
2025
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 324 days late
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 498 days late
2024
31-03
Financial
Highest result since 2022net €21k ▲299%
Operating result €23k, net result €21k, both a record.
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 247 days late
31-03
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2021
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.
Harmoniestraat 49050 GentGround area
82 m²
Building footprint
68 m²
Volume, LiDAR
534 m³
Parcel 44032A0223/00H003, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Harmoniestraat 4, 9050 Gent
since 20212.316.988.223
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0223/00H003 | Flanders | 82 m² | 1 · 68 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 1 entry · 123 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 123 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
2 categoriesKose Logistics BV45510
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Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 5,221 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2021
Fiscal year end31-03
Activities, NACEBEL
49410Freight transport by road
42211Civil engineering
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@koselogistics.be