Equity
€99,744 ▼ 24.4%
ND LOGISTICS paid out €50,000 in dividends. That is 282% of the 2025 profit.
ND LOGISTICS
Lifetime
4 annual accounts with figures on one time axispeak €415,537 (2025)
€415,537▲ 5.9%
peak €68,260 (2024)
€17,758▼ 74.0%
peak €131,987 (2024)
€99,744▼ 24.4%
€374,436▲ 214%
Board1 name since 2020
-
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Result from €68,260 to €17,758Transfer of 50 shares from DJOMO NGUEKE Christophe Maginot to… 27-10Dividend €50,000Equity from €131,987 to €99,744Debts from €119,401 to €374,436Investments €10,300
Key points
from the 2025 annual accountsResult
€17,758 ▼ 74.0%
The result fell in 2025 from €68,260 to €17,758.
Debts
€374,436 ▲ 214%
Debts rose by €255,035 in 2025.
Investments
€4,800 3.0 × depreciation
Green is investment, beige is depreciation.
Staff
8 employees on 31-12-2025
In 2025, 5 people joined and 8 left.
Payment terms
99 days to suppliers
ND LOGISTICS pays its suppliers 73 days later than in 2024.
2025 accounts filed 30 days after the deadline
Checked score
52
Fair
Financially stronger than 29% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,097 companies (NACE 49, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%
01-2025: 2.5%● unchanged vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.5%● unchanged vs 02-2025
04-2025: 2.8%▲ +0.3 percentage points vs 03-2025
05-2025: 2.9%▲ +0.1 percentage points vs 04-2025
06-2025: 2.9%● unchanged vs 05-2025
07-2025: 3.1%▲ +0.2 percentage points vs 06-2025
08-2025: 3.8%▲ +0.7 percentage points vs 07-2025highest value
09-2025: 2.4%▼ -1.4 percentage points vs 08-2025
10-2025: 2.4%● unchanged vs 09-2025
11-2025: 2.3%▼ -0.1 percentage points vs 10-2025
12-2025: 2.2%▼ -0.1 percentage points vs 11-2025
01-2026: 2.2%● unchanged vs 12-2025lowest value
02-2026: 2.2%● unchanged vs 01-2026lowest value
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.4%▲ +0.2 percentage points vs 03-2026
05-2026: 2.3%▼ -0.1 percentage points vs 04-2026
06-2026: 2.3%● unchanged vs 05-2026
07-2026: 2.5%▲ +0.2 percentage points vs 06-2026
08-2026: 3.1%▲ +0.6 percentage points vs 07-2026
09-2026: 2.9%▼ -0.2 percentage points vs 08-2026
10-2026: 2.3%▼ -0.6 percentage points vs 09-2026
11-2026: 2.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Founded in 2020
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 31-08-2026)
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 49, micro). It does better than 33% of them on solvency, 13% on liquidity, 51% on profitability and 19% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,372 companies had the same profile as ND LOGISTICS has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ND LOGISTICS itself: 2.3% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,372 companies, not a prediction for ND LOGISTICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07 (1.58 in 2024), below the usual 1.5. Short-term debt is 79% and cash 6.5% of total assets. 79% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 4 filingsDeviation from the deadline
2025
30 days late
2024
24 days late
2023
29 days late
2022
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 27 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% 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 28 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known board- NDOUYO Guy Constant all the sharesdeed of 27-10-2025
- DJOMO NGUEKE Christophe Maginot 50 sharesdeed of 27-10-2025
Recent changes
Registered office moved from Ixelles to Laeken
New registered office: Avenue Des Liserons 31/19, 1020 Laeken · Previous registered office: Avenue Louise 143, 1050 Ixelles · General meeting of 06-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0752837982
Transfer of 50 shares from DJOMO NGUEKE Christophe Maginot to NDOUYO Guy Constant
NDOUYO Guy Constant holds 50 shares · DJOMO NGUEKE Christophe Maginot holds 50 shares · NDOUYO Guy Constant holds all the shares · General meeting of 18-10-2025 · Gazette deed
First establishment
Louizalaan 143, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ND LOGISTICS Brussels | €474,181 | €415,537 | 21.0% | - |
| SYLLA Logistics Brussels | €495,710 | €475,635 | 6.2% | 9.8 |
| BMB TRANS Molenbeek-Saint-Jean | €447,835 | €392,390 | 19.2% | - |
| ARField Evere | €534,865 | €485,131 | 65.2% | - |
| JET TRANS Ixelles | €573,831 | €471,641 | 54.1% | 3.9 |
| HGMN Héron | €464,457 | €471,251 | 8.1% | - |
| IDM Trans Menen | €490,151 | €398,366 | 31.4% | - |
These companies have the same main activity as ND LOGISTICS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €448,000 and €574,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 21-08-2020Normal situation
- Activity
- Freight transport by roadNACE 49410and 1 other
- Establishment unit
- 2.316.025.9431050 Ixelles, since 03-11-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 01-02-2026
Annual accounts 2025
- ≈ €950,000estimated
- €474,181▲ 88.6%
- Employeeson 31-12-2025
- 8▼ 27.3%
- Filing
- Filed on 30-08-2026
Insights on ND LOGISTICS
ND LOGISTICS files the micro format. That format states no turnover. The gross margin rose from €99,332 in 2022 to €415,537 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ND LOGISTICS
- What is the company number of ND LOGISTICS?
- The company number of ND LOGISTICS is 0752.837.982. The VAT number is the same number with BE in front: BE 0752.837.982.
- Where is ND LOGISTICS based?
- The registered office is at Haagwindenlaan 31, 1020 Brussels.Company details
- What does ND LOGISTICS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of ND LOGISTICS?
- ND LOGISTICS is a private limited company (BV).
- When was ND LOGISTICS founded?
- ND LOGISTICS was founded on 21-08-2020.
- Is ND LOGISTICS still active?
- Yes, ND LOGISTICS is an active enterprise in the KBO register.
- How many employees does ND LOGISTICS have?
- ND LOGISTICS had an average of 10.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ND LOGISTICS?
- The turnover in financial year 2025 is ≈ €950,000. This figure is estimated from the gross margin of €415,537 and 49 comparable companies (NACE 49410). It probably lies between €800,000 and €1.2m.
- Is ND LOGISTICS profitable?
- In financial year 2025, ND LOGISTICS made a profit of €17,758.
- Where can I find the annual accounts of ND LOGISTICS?
- ND LOGISTICS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ND LOGISTICS due?
- ND LOGISTICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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