Result
€45,397 €45,397
Back in profit in 2025, after a loss of €17,503 in 2024.
NAXCO BELGIUM
Lifetime
19 annual accounts with figures on one time axis, 49 filings since 1977peak €41.6m (2022)
€20.0m▼ 5.6%
lowest -€430,173 (2016)
€45,397▲ €62,900
peak €823,968 (2022)
€785,485▲ 6.1%
€8.3m▲ 42.9%
peak 35.3 FTE (2022)
25.3 FTE▼ 6.6%
Board12 names since 2018
4 directors and 3 others
Owners4 names in the annual accounts
Documentsfilings and deeds
25-06-202636 days before the deadline
2025financial year
Back to profit: €45,397Debts from €5.8m to €8.3mCash from €12,144 to €214,994
Key points
from the 2025 annual accountsDebts
€8.3m 91% of the balance sheet
Financial debts 19%Suppliers 50%Taxes and wages 29%Other 3%
Of this, €8.1m falls due within a year.
Staff
25.3 FTE from 35.3 in 2022
Between 2022 and 2025, 28% of the full-time equivalents disappeared.
Filings
49 annual accounts 50 filings since 1977
Two of the last ten came late. The 2016 accounts came latest: 30 days after the end of the period.
At the same address
5 companies
Position in the sector
8.6%
Lower solvency than 83% of companies in warehousing and transport support. Sector median 37.5% · 865 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,217 companies had the same profile as NAXCO BELGIUM has now. Each dot stands for 4 companies, two years later.
96.0%
were still trading
2.5%
stopped another way
1.5%
went bankrupt
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 1,217 companies, not a prediction for NAXCO BELGIUM. 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
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Signals
Board and ownership
Director
Director
Director, , since 09-05-2025
Director,
Auditor
- consolidatesannual accounts 2024
- 44%score equity €2.4m (2025) · 2024 annual accounts of )
Recent changes
3 directors reappointed, 1 statutory auditor reappointed
, , and (statutory auditor) · General meeting of 09-05-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0404520880
Reappointment: (statutory auditor)
General meeting of 13-05-2022 · Gazette deed
Merger: BELGIUM takes over DAS Logistics
Permanent representative: · General meeting of 24-05-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NAXCO BELGIUM Antwerp | €20.0m | 0.0% | 8.6% | 25.3 |
| Boschmans Steinacher Antwerp | €17.4m | -0.4% | 24.7% | 20.5 |
| Panalpina World Transport Machelen (Brab.) | €19.3m | -4.6% | 7.2% | 37.2 |
| DGA Shipping Antwerp | €36.8m | 4.6% | 69.0% | 22.8 |
| Malca - Amit, Antwerp Antwerp | €13.2m | -6.0% | -19.2% | 35.8 |
| Belgian Fruit Forwarding Company Antwerp | €10.9m | 14.1% | 55.7% | 33.6 |
| Triton International Container Antwerp | €8.7m | 4.8% | 56.1% | 24 |
Grey: the largest companies of the sector (warehousing and transport support (NACE 52)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as BELGIUM: logistics services (NACE 52250). They are comparable in size and age: total assets between €4m and €14m, founded between 1937 and 1981.
Official details
Source: KBO- Status
- Active since 13-12-1948Normal situation
- Activity
- Logistics servicesNACE 52250
- Joint committee
- 226White-collar workers in international trade, transport and logistics · annual accounts 2024
- Establishment units
- 2.006.104.5102000 Antwerp, since 01-12-1948
- 2.329.533.9841830 Machelen (Brab.), since 01-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2025
- €9.1m▲ 38.7%
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Insights on NAXCO BELGIUM
BELGIUM has existed since 1948. In 2021 turnover rose from €10.7m to €28.9m and staff from 15.8 to 20.7 full-time equivalents. On 1 December 2021 a site was added.
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 NAXCO BELGIUM
- What is the company number of NAXCO BELGIUM?
- The company number of BELGIUM is 0404.520.880. The VAT number is the same number with BE in front: BE 0404.520.880.
- Where is NAXCO BELGIUM based?
- The registered office is at Brouwersvliet 25, 2000 Antwerp.Company details
- What does NAXCO BELGIUM do?
- According to the KBO register, the main activity is logistics services (NACE 52250).
- What is the legal form of NAXCO BELGIUM?
- BELGIUM is a public limited company (NV).
- When was NAXCO BELGIUM founded?
- BELGIUM was founded on 13-12-1948.
- Is NAXCO BELGIUM still active?
- Yes, BELGIUM is an active enterprise in the KBO register.
- How many employees does NAXCO BELGIUM have?
- BELGIUM had an average of 25.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NAXCO BELGIUM fall under?
- In its 2024 annual accounts, BELGIUM states joint committee 226 (White-collar workers in international trade, transport and logistics).
- What is the turnover of NAXCO BELGIUM?
- The turnover of BELGIUM was €20.0m in financial year 2025, according to the filed annual accounts.
- Is NAXCO BELGIUM profitable?
- In financial year 2025, BELGIUM made a profit of €45,397.
- Where can I find the annual accounts of NAXCO BELGIUM?
- BELGIUM filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NAXCO BELGIUM due?
- BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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