NADIN LOGISTICS
ActiveNADIN LOGISTICS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.68M and a net result of €2k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
83
/ 100
Excellent▼ -13 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency100▲+14
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 5.97 against 1.43 in 2023), and 6.9% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.1%
Return on assets
0.1%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-08-2025, 1 day 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d late
2023
14 d late
2022
67 d late
2021
11 d late
2020
158 d early
2019
81 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 99.9%
2023 · €2.37M
2018: €-8k
2019: €-50k
2020: €29k
2021: €17k
2022: €10k
2023: €2.37M
2018 → 2024
Working capital
€992k▲ 31.6%
2023 · €754k
2018: €-378k
2019: €-520k
2020: €-491k
2021: €-458k
2022: €-447k
2023: €754k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€341k-€353k▲ 3.7%€359k▲ 1.5%€2.72M▲ 660%€2.68M▼ 1.8%
Operating result€58k-€46k▼ 21.3%€36k▼ 21.8%€3.24M▲ 8,986%€-43k
Net result€29k-€17k▼ 40.7%€10k▼ 42.1%€2.37M▲ 23,613%€2k▼ 99.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €43k after €3.24M in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.87M
Fixed assets
€1.68M▼ 15.9%
Current assets
€1.19M▼ 52.5%
Equity and liabilities €2.87M
Equity
€2.68M▼ 1.8%
Debt
€200k▼ 88.8%
The debt ratio falls from 39.6% to 6.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€25k▼
2023 · €3.25M
Cash flow
€70k▼
2023 · €2.38M
Solvency
93.1%▲
2023 · 60.4%
Current ratio
5.97▲
2023 · 1.43
Quick ratio
5.97▲
2023 · 1.43
Debt / equity
0.07▼
2023 · 0.66
ROE
0.1%▼
2023 · 87.0%
ROA
0.1%▼
2023 · 52.5%
Interest coverage
7.01▼
2023 · 25.82
Debt
€200k▼
2023 · €1.79M
Debt ≤ 1 year
€200k▼
2023 · €1.76M
Income taxes
€3k▼
2023 · €746k
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€4.51M€2.87M▼
Fixed assets21/28€2.00M€1.68M▼
Tangible fixed assets22/27€2.00M€1.68M▼
Land and buildings22€2.00M€1.68M▼
Plant, machinery and equipment23-€3k
Current assets29/58€2.51M€1.19M▼
Amounts receivable within one year40/41€2.51M€1.16M▼
Trade receivables40€188€131k▲
Other amounts receivable41€2.51M€1.03M▼
Cash at bank and in hand54/58€5k€28k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€4.51M€2.87M▼
Equity10/15€2.72M€2.68M▼
Contributions10/11€314k€314k=
Capital10€314k€314k=
Issued capital100€314k€314k=
Reserves13€42k€42k=
Non-distributable reserves130/1€31k€31k=
Legal reserve130€31k€31k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€2.32M€2.32M▲
Investment grants15€52k-
Amounts payable17/49€1.79M€200k▼
Amounts payable within one year42/48€1.76M€200k▼
Trade debts44€1.49M€11k▼
Suppliers440/4€1.49M€11k▼
Taxes, remuneration and social security45€113k€116k▲
Taxes450/3€113k€116k▲
Other amounts payable47/48€155k€72k▼
Accrued charges and deferred income492/3€30k-
Income statement
Code20232024
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€68k▲
Other operating charges640/8€112k€5k▼
Gross operating margin9900€3.36M€29k▼
Operating profit (loss)9901€3.24M€-43k▼
Financial income75/76B€5k€52k▲
Recurring financial income75€5k€52k▲
Financial charges65/66B€126k€3k▼
Recurring financial charges65€126k€3k▼
Profit (loss) for the period before taxes9903€3.12M€5k▼
Income taxes67/77€746k€3k▼
Profit (loss) for the period9904€2.37M€2k▼
Profit (loss) for the period to be appropriated9905€2.37M€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.34M€2.32M▼
Profit (loss) brought forward from the previous period14P€-26k€2.32M▲
Transfer to equity691/2€28k-
To the legal reserve6920€28k-
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
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 5.97
Current ratio from 1.43 to 5.97; short-term debt falls from €1.76M to €200k.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Highest result since 2018net €2.37M ▲23613%
Operating result €3.24M, net result €2.37M, both a record.
31-12
Financial
Liquidity times 27current ratio 1.43
Current ratio from 0.05 to 1.43.
31-12
Financial
Equity above €2MEq €2.72M ▲660%
4 profitable years in a row build equity to €2.72M.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 67 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-50k
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Bastogne · 1 establishment unit since 2007
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.
Rue du Marché Couvert 456600 BastogneGround area
3,207 m²
Parcel 82302C1039/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
NADIN LOGISTICS
since 20072.164.079.205
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82302C1039/00M000 | Wallonia | 3,207 m² | - | - |
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.
Similar companies · same sector, comparable size
B & F AUTOCARS
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EDIL
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BRUSSELS GATE
BE 0791.664.114
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FAMILY PROPERTIES
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ESPACE GUILLEMINS
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Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 3,327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-06-2007
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.