LOGISTICS & MANAGEMENT
ActiveLOGISTICS & MANAGEMENT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €904k and a net result of €-26k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 23% of 9984 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability33▼-28
Solvency44▼-56
Growth33▼-13
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 84.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 41
Relative position
BE, all sectors
reference
Sector 41
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
raises risk · 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 2024Solvency, return and age of the figures
Solvency
15.3%
Return on assets
-0.4%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9984 sector peers (2024).
NBB · sector comparisonPosition among 9984 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
8 d early
2022
12 d early
2021
24 d late
2020
30 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€479k▼ 1.0%
2023 · €484k
2018: €477k
2019: €457k
2020: €458k
2021: €468k
2022: €463k
2023: €484k
2018 → 2024
EBIT margin
-12.4%▼ 15.6pp
2023 · 3.2%
2018: 36.1%
2019: 17.0%
2020: 14.4%
2021: 47.9%
2022: -1.9%
2023: 3.2%
2018 → 2024
Net result
€-26k
2023 · €38k
2018: €105k
2019: €170k
2020: €54k
2021: €184k
2022: €24k
2023: €38k
2018 → 2024
Working capital
€1.13M▲ 357%
2023 · €246k
2018: €-156k
2019: €-5k
2020: €-289k
2021: €30k
2022: €106k
2023: €246k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€458k-€468k▲ 2.2%€463k▼ 1.2%€484k▲ 4.6%€479k▼ 1.0%
Equity€1.15M-€1.18M▲ 3.4%€1.17M▼ 1.2%€1.07M▼ 8.6%€904k▼ 15.4%
Operating result€66k-€224k▲ 239%€-9k€16k€-59k
Net result€54k-€184k▲ 241%€24k▼ 86.8%€38k▲ 57.0%€-26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €59k after €16k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.90M
Fixed assets
€4.77M▲ 414%
Current assets
€1.13M▲ 320%
Equity and liabilities €5.90M
Equity
€904k▼ 15.4%
Debt
€4.99M▲ 3,806%
The debt ratio rises from 10.7% to 84.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€191k▼
2023 · €266k
Cash flow
€224k▼
2023 · €289k
Solvency
15.3%▼
2023 · 89.3%
Debt / equity
5.52▲
2023 · 0.12
ROE
-2.9%▼
2023 · 3.6%
ROA
-0.4%▼
2023 · 3.2%
Interest coverage
10.28▼
2023 · 42.08
Debt
€4.99M▲
2023 · €128k
Debt ≤ 1 year
€6k▼
2023 · €24k
Debt > 1 year
€4.08M▲
2023 · €0
Income taxes
€-7k▼
2023 · €10k
A ratio outside any meaningful range has been withheld (balance sheet total €5.90M, equity €904k).
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€1.20M€5.90M▲
Fixed assets21/28€927k€4.77M▲
Tangible fixed assets22/27€927k€4.77M▲
Land and buildings22€927k€677k▼
Other tangible fixed assets26€0€0=
Assets under construction and advance payments27-€4.09M
Current assets29/58€270k€1.13M▲
Amounts receivable within one year40/41€213k€24k▼
Trade receivables40€128k€2k▼
Other amounts receivable41€85k€22k▼
Current investments50/53-€800k
Cash at bank and in hand54/58€57k€310k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.20M€5.90M▲
Equity10/15€1.07M€904k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€943k€817k▼
Investment grants15€58k€19k▼
Amounts payable17/49€128k€4.99M▲
Amounts payable after more than one year17€0€4.08M▲
Financial debts170/4€0€4.08M▲
Amounts payable within one year42/48€24k€6k▼
Current portion of amounts payable after more than one year42€9k-
Financial debts43€13k-
Credit institutions430/8€13k-
Trade debts44€2k€386▼
Suppliers440/4€2k€386▼
Taxes, remuneration and social security45-€6k
Taxes450/3-€6k
Accrued charges and deferred income492/3€104k€905k▲
Income statement
Code20232024
Turnover70€484k€479k▼
Goods, raw materials, services and sundry goods60/61€167k€242k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€250k€250k▼
Other operating charges640/8€51k€47k▼
Gross operating margin9900€317k€238k▼
Operating profit (loss)9901€16k€-59k▼
Financial income75/76B€39k€45k▲
Recurring financial income75€39k€45k▲
Financial charges65/66B€6k€19k▲
Recurring financial charges65€6k€19k▲
Profit (loss) for the period before taxes9903€48k€-33k▼
Income taxes67/77€10k€-7k▼
Profit (loss) for the period9904€38k€-26k▼
Profit (loss) for the period to be appropriated9905€38k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.04M€917k▼
Profit (loss) brought forward from the previous period14P€1.01M€943k▼
Profit to be distributed694/7€100k€100k=
Return on contributions (dividend)694-€100k
Directors or managers695€100k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-08
State Gazette act
General meeting · Director appointmentGeneral meeting · Director appointment · Permanent representative4 facts ▸
State Gazette act
General meeting · Director appointment
General meeting · Director appointment · Permanent representative4 facts ▸
- General meeting, 2026-06-25
- Director appointment, REMON & CO (commissaire)
- Permanent representative, Christophe Remon
- Commissaire fees, 3.000,00 € hors TVA, débours et cotisations dues à l'Institut des Réviseurs d'Entreprises, indexation annuelle fondée sur l'indice des prix à la consommation
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-26k ▼169%
Net result drops to €-26k, the lowest in the series.
31-12
Financial
Liquidity times 16current ratio 177.45
Current ratio from 11.44 to 177.45; short-term debt falls from €24k to €6k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 7current ratio 11.44
Current ratio from 1.70 to 11.44; short-term debt falls from €150k to €24k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €184k ▲241%
Operating result €224k, net result €184k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.04
Current ratio from 0.49 to 1.04.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Equity above €1MEq €1.11M ▲16.2%
2 profitable years in a row build equity to €1.11M.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Thuin · 2 establishment units since 2004
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.
Avenue DELI XL 86530 Thuin2 establishment units
Logistics & Management
since 20042.175.812.443
Logistics & Management
since 20092.175.812.641
Statutory auditor
1 auditor| REMON & COCurrent Commissaire · represented by Christophe Remon | 25-06-2026 → present |
Similar companies · same sector, comparable size
RUDCO
BE 0466.418.956
Puurs-Sint-Amands · Eq €911k
BRIK
BE 0789.758.954
Ravels · Eq €895k
BEDRIJVENPARK NEKKERSPOEL
BE 0466.662.347
Houthalen-Helchteren · Eq €895k
WIDIMA
BE 0669.971.773
Overijse · Eq €894k
FIDEBO
BE 0456.184.961
Wortegem-Petegem · Eq €893k
Of 2,428 companies in sector 41003 we hold annual accounts for 1,046. 550 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-02-2004
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
45213
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filings
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.