Financials
- Financial year
- 2025
- Total assets
- €1.8m
- Loss
- -€18,364
- Solvency
- -6.0%
Turnover▲ 2.9%
Net result
20182023
Luik Natie Forwarding
ActiveSummary
The computed 12-month bankruptcy probability of Luik Natie Forwarding is 3.7% (moderate). The 2025 annual accounts show negative equity (-€107,223) and a net result of -€18,364. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 857 sector peers (NACE 52, financial year 2025). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Warehousing and support activities for transportation
NACE 52249Logistics services NACE 52250
1 site
Size
€1.8mtotal assets 2025
- Staff
- 4.7 FTE
- Equity
- -€107,223
- Loss
- -€18,364
Net result +93%: other schema
Structure
- Parent
- LUIK NATIE STORAGE · 99.94%
- Board
- 5 members
Auditor: BV PwC Bedrijfsrevisoren2025 accounts filed 52 days late
Why 47raises riskNegative equity -€107,223Sector: Warehousing and support activities for transportation (NACE 52)Last filed accounts filed 52 days late; 2 of the last 3 lateLiquidity: current ratio 0.94, cash €22,277Show the evidence
Checked score
Score 2025
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 52, micro)
Financial strength · tick = 2024
Weak
Solvency
19+7
equity -6.0% of total assets
Liquidity
2=
short-term debt 106.0% · cash 1.2%
Profitability
35+35
return on assets -1.0%
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%lowest value
12-2024: 1.0%● unchanged vs 11-2024lowest value
01-2025: 1.0%● unchanged vs 12-2024lowest value
02-2025: 1.1%▲ +0.1 percentage points vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.2%▲ +0.1 percentage points vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025
08-2025: 2.0%▲ +0.6 percentage points vs 07-2025
09-2025: 2.5%▲ +0.5 percentage points vs 08-2025
10-2025: 3.3%▲ +0.8 percentage points vs 09-2025
11-2025: 9.0%▲ +5.7 percentage points vs 10-2025
12-2025: 9.1%▲ +0.1 percentage points vs 11-2025highest value
01-2026: 9.0%▼ -0.1 percentage points vs 12-2025
02-2026: 9.0%● unchanged vs 01-2026
03-2026: 8.9%▼ -0.1 percentage points vs 02-2026
04-2026: 8.9%● unchanged vs 03-2026
05-2026: 9.0%▲ +0.1 percentage points vs 04-2026
06-2026: 8.5%▼ -0.5 percentage points vs 05-2026
07-2026: 8.5%● unchanged vs 06-2026
08-2026: 8.2%▼ -0.3 percentage points vs 07-2026
09-2026: 8.0%▼ -0.2 percentage points vs 08-2026
10-2026: 3.7%▼ -4.3 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.94, compared with 0.88 in 2024, below 1; short-term debt: 106% and cash: 1.2% 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 52, micro): better than 11% on solvency, 4% on liquidity, 22% on profitability and 17% on growth.
The bankruptcy probability was computed on 24-10-2026 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
Six signals.
raises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€107,223
raises risk · 2025 accounts filed 52 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
52 days late
2024
63 days late
2023
43 days early
2022
49 days early
2021
9 days early
2020
33 days early
2019
43 days early
← 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 9 days before the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
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 22 July (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Resignation: BV KPMG Bedrijfsrevisoren (statutory auditor)Appointment: BV PwC Bedrijfsrevisoren (statutory…
- Resignations: Vishal Kapoor (director) and S.K.V.R.BV…Permanent representative: Stefaan Verhelst ·…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€107,223 View
- Positive: Result rose in 2025different schema filed ▲ 93.0% View
- Caution: Among the weakest 9% on solvencysector median 38.0% · 857 companies -6.0% View
- Board changedlatest change 30-11-2025 · 5 in office 2 joined · 2 left View
- Controlled by LUIK NATIE STORAGEknown shareholders 100% 99.94% View
- Caution: 2 loss-making years in a rowloss financial year 2025 -€18,364 View
By topic
Board & ownership
- Board
- 5 members
- Parent
- LUIK NATIE STORAGE · 99.94%
- Known shareholders
- 100%
- Auditor
- BV PwC Bedrijfsrevisoren
- JOSACON BVDirector
- SKVR BVDirector
- KOOIJ Annegien MariaDirector
- Chris VerhulstDirector
- Folkert Pieter BergstraDirector
Network & group
- Group
- Lineage Dutch Coöperatief U.A.
- Connected companies
- 6
Timeline
- Events
- 54
- Since
- 1994
- Next accounts
- by 31-07-2027
- 02-10-2025Annual accounts filed
- 23-12-2024Resignation: Harld Johan Peters (director)
- 05-11-2024Appointment: KPMG Bedrijfsrevisoren BV (statutory auditor)
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Warehousing and support activities for transportationNACE 52249
- Founded
- 04-12-1992
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 19
- Annual meeting
- First Thursday of June at 17:30
- Purpose
- “Alle makelaars-verrichtingen in bevrachting, alle commissieverrichtingen in expeditie…” (deed in Dutch)
Key facts about Luik Natie Forwarding
- What is the company number of Luik Natie Forwarding?
- 0448.793.066. In Belgium the VAT number is the company number with BE in front: BE 0448.793.066.
- Where is Luik Natie Forwarding based?
- The registered office is at Kruipin(KAL) zn, 9130 Beveren.Company details
- What does Luik Natie Forwarding do?
- According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52249).
- What is the legal form of Luik Natie Forwarding?
- Public limited company (NV).
- When was Luik Natie Forwarding founded?
- On 04-12-1992.
- Is Luik Natie Forwarding still active?
- Yes, Luik Natie Forwarding is an active enterprise in the KBO register.
- How many employees does Luik Natie Forwarding have?
- On average 4.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Luik Natie Forwarding?
- €11.3m in financial year 2023, according to the filed annual accounts.
- Is Luik Natie Forwarding profitable?
- In financial year 2025, Luik Natie Forwarding made a loss of €18,364.
- Where can I find the annual accounts of Luik Natie Forwarding?
- Luik Natie Forwarding filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Luik Natie Forwarding due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to Luik Natie Forwarding
Parent and group
- LUIK NATIE STORAGE99.94%
- CREDO HOLDING100%
- Lineage Belgium Bidco100%
Comparable companies
- RINNEN BELGIEBeveren-Kruibeke-Zwijndrecht
- BCTN GeelMeerhout
- TRIGO SUPPLY CHAIN BelgiumLes Bons Villers
- RAILROADS BELGIEGenk
- TRANSPORT ET MANUTENTION J. GERMAY S.A.Ans
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