KPM LOGISTIC

Active

Private limited companyfounded 201511 yrs activeDumolinlaan(Kor) 1, 8500 Kortrijk, BelgiumKBO/BCE: BE 0627.613.160

KPM LOGISTIC has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 26052 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2024

41 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability48▲+21

Solvency38▼-10

Growth78▲+26

Track record100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity tight (current ratio 1.07 against 1.05 in 2023; short-term debt: 83.1% and cash: 3.9% of total assets), and 87% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

13%

Return on assets

3.7%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Growing equity

Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €32k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 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 · 9 filings

Deviation from the deadline

2025

not confirmed

2024

63 d late

2023

61 d late

2022

28 d late

2021

33 d early

2020

30 d late

2019

53 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€32k▲ 39.3%

2023 · €23k

2018: €-10k 2019: €-11k 2020: €-10k 2021: €-10k 2022: €25k 2023: €23k

2018 → 2024

Total assets

€248k▲ 146%

2023 · €101k

2018: €48k 2019: €832 2020: €26k 2021: €17k 2022: €92k 2023: €101k

2018 → 2024

Net result

€9k

2023 · €-2k

2018: €-12 2019: €-948 2020: €209 2021: €833 2022: €35k 2023: €-2k

2018 → 2024

Working capital

€13k▲ 306%

2023 · €3k

2018: €-10k 2019: €-11k 2020: €-10k 2021: €-10k 2022: €23k 2023: €3k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-10k-€-10k▲ 8.0%€25k€23k▼ 7.4%€32k▲ 39.3%

Operating result€369-€2k▲ 466%€44k▲ 2,005%€9k▼ 79.5%€31k▲ 247%

Net result€209-€833▲ 298%€35k▲ 4,062%€-2k€9k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 247% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €248k

12%

88.5%

Fixed assets €29k▼ 20.6%

Current assets €220k▲ 239%

Equity and liabilities €248k

13.0%

87.0%

Equity €32k▲ 39.3%

Debt €216k▲ 178%

The debt ratio rises from 76.9% to 87.0%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€39k▲

2023 · €13k

Cash flow

€17k▲

2023 · €2k

Solvency

13.0%▼

2023 · 23.1%

Current ratio

1.07▲

2023 · 1.05

Quick ratio

0.94▲

2023 · 0.80

Debt / equity

6.66▲

2023 · 3.33

ROE

28.2%▲

2023 · -8.0%

ROA

3.7%▲

2023 · -1.8%

Interest coverage

2.92▲

2023 · 1.22

Debt

€216k▲

2023 · €78k

Debt ≤ 1 year

€206k▲

2023 · €62k

Debt > 1 year

€10k▼

2023 · €16k

Income taxes

€9k▲

2023 · €440

Staff costs

€22k▲

2023 · €802

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€101k€248k▲

Fixed assets21/28€36k€29k▼

Intangible fixed assets21€9k€7k▼

Tangible fixed assets22/27€27k€21k▼

Land and buildings22€2k€2k▼

Furniture and vehicles24€24k€19k▼

Financial fixed assets28€213€213=

Current assets29/58€65k€220k▲

Stocks and contracts in progress3€16k€26k▲

Stocks30/36€16k€26k▲

Amounts receivable within one year40/41€31k€184k▲

Trade receivables40€27k€163k▲

Other amounts receivable41€4k€22k▲

Cash at bank and in hand54/58€18k€10k▼

Equity and liabilities

Total equity and liabilities10/49€101k€248k▲

Equity10/15€23k€32k▲

Contributions10/11€12k€12k=

Profit (loss) carried forward14€11k€20k▲

Amounts payable17/49€78k€216k▲

Amounts payable after more than one year17€16k€10k▼

Financial debts170/4€16k€10k▼

Amounts payable within one year42/48€62k€206k▲

Current portion of amounts payable after more than one year42€6k€6k▲

Trade debts44€44k€149k▲

Suppliers440/4€44k€149k▲

Taxes, remuneration and social security45€8k€10k▲

Taxes450/3€7k€10k▲

Remuneration and social security454/9€1k€19▼

Other amounts payable47/48€4k€41k▲

Income statement Code20232024

Remuneration, social security and pensions62€802€22k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲

Other operating charges640/8€6k€12k▲

Gross operating margin9900€19k€72k▲

Operating profit (loss)9901€9k€31k▲

Financial income75/76B€234-

Recurring financial income75€234-

Financial charges65/66B€11k€13k▲

Recurring financial charges65€11k€13k▲

Profit (loss) for the period before taxes9903€-1k€18k▲

Income taxes67/77€440€9k▲

Profit (loss) for the period9904€-2k€9k▲

Profit (loss) for the period to be appropriated9905€-2k€9k▲

Appropriation of the result

Profit (loss) to be appropriated9906€11k€20k▲

Profit (loss) brought forward from the previous period14P€13k€11k▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 5Filings 9

2025

02-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 63 days late

2024

31-12

Financial Back to profitnet €9k

Net result €9k after one loss-making year.

30-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 61 days late

2023

31-12

Financial Weakest financial yearnet €-2k ▼105%

Net result drops to €-2k, the lowest in the series; recovery starts the following year.

28-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 28 days late

2022

31-12

Financial Highest result since 2018net €35k ▲4062%

Operating result €44k, net result €35k, both a record.

31-12

Financial Liquidity doublescurrent ratio 1.34

Current ratio from 0.64 to 1.34.

28-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 30 days late

2020

31-12

Financial Back to profitnet €209

Net result €209 after 2 loss-making years.

22-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 53 days late

2019

06-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 6 days late

2018

14-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 14 days late

2017

10-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 10 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Kortrijk · 2 establishment units since 2020

establishment All 2 establishment units on the map

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.

Dumolinlaan(Kor) 18500 Kortrijk

Ground area

3,340 m²

Building footprint

148 m²

Volume, LiDAR

1,157 m³

3 parcels, Flanders, Wallonia · tallest building 12.3 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

KPM LOGISTIC

Grotestraat 106, 7700 MouscronRetail sale of bread and pastry (bakery outlets)

since 20202.309.973.143

Chez Simonne

Grotestraat 100, 7700 MouscronRetail trade

since 20222.338.662.674

3 parcels

Flanders 1 (33.3%) Wallonia 2 (66.7%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34022E0689/00W002	Flanders	2,779 m²	1 · 39 m²	0.0 m
54432C0559/00R002	Wallonia	322 m²	1 · 68 m²	12.3 m · 4 fl.
54432C0559/00C009	Wallonia	239 m²	1 · 41 m²	11.8 m · 4 fl.