NELEN LOGISTICS
ActiveNELEN LOGISTICS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €89k and a net result of €-1k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 75% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▼-40
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.14 against 5.35 in 2023; short-term debt: 24.2% and cash: 74.2% of total assets), and 24.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
75.8%
Return on assets
-0.9%
Age of the figures
21 mo
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
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 20-07-2025, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
11 d early
2023
31 d late
2022
126 d late
2021
152 d late
2020
92 d late
2019
120 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€89k▼ 1.1%
2023 · €90k
2018: €48k
2019: €46k
2020: €47k
2021: €56k
2022: €73k
2023: €90k
2018 → 2024
Total assets
€117k▲ 6.0%
2023 · €110k
2018: €68k
2019: €73k
2020: €66k
2021: €68k
2022: €85k
2023: €110k
2018 → 2024
Net result
€-1k
2023 · €16k
2018: €6k
2019: €-2k
2020: €1k
2021: €9k
2022: €17k
2023: €16k
2018 → 2024
Working capital
€89k▼ 1.1%
2023 · €90k
2018: €48k
2019: €46k
2020: €47k
2021: €56k
2022: €73k
2023: €90k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€47k-€56k▲ 18.2%€73k▲ 31.0%€90k▲ 22.5%€89k▼ 1.1%
Operating result€12k-€20k▲ 67.1%€20k▼ 3.2%€26k▲ 30.7%€22k▼ 14.7%
Net result€1k-€9k▲ 556%€17k▲ 101%€16k▼ 4.8%€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €117k
Equity
€89k▼ 1.1%
Debt
€28k▲ 37.0%
The debt ratio rises from 18.7% to 24.2%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
75.8%▼
2023 · 81.3%
Current ratio
4.14▼
2023 · 5.35
Quick ratio
4.14▼
2023 · 5.35
Debt / equity
0.32▲
2023 · 0.23
ROE
-1.2%▼
2023 · 18.4%
ROA
-0.9%▼
2023 · 14.9%
Debt
€28k▲
2023 · €21k
Debt ≤ 1 year
€28k▲
2023 · €21k
Income taxes
€23k▲
2023 · €9k
Staff costs
€2k▲
2023 · €416
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€110k€117k▲
Current assets29/58€110k€117k▲
Amounts receivable within one year40/41€45k€30k▼
Trade receivables40€45k€30k▼
Cash at bank and in hand54/58€65k€87k▲
Equity and liabilities
Total equity and liabilities10/49€110k€117k▲
Equity10/15€90k€89k▼
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Reserves13€2k€82k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€80k
Profit (loss) carried forward14€82k€605▼
Amounts payable17/49€21k€28k▲
Amounts payable within one year42/48€21k€28k▲
Trade debts44€3k-
Suppliers440/4€3k-
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€10k€26k▲
Taxes450/3€10k€26k▲
Other amounts payable47/48€7k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€416€2k▲
Other operating charges640/8€920€168▼
Gross operating margin9900€27k€24k▼
Operating profit (loss)9901€26k€22k▼
Financial charges65/66B€489€19▼
Recurring financial charges65€489€19▼
Profit (loss) for the period before taxes9903€25k€22k▼
Income taxes67/77€9k€23k▲
Profit (loss) for the period9904€16k€-1k▼
Profit (loss) for the period to be appropriated9905€16k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€81k▼
Profit (loss) brought forward from the previous period14P€65k€82k▲
Transfer to equity691/2-€80k
To other reserves6921-€80k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 126 days late
2022
31-12
Financial
Highest result since 2018net €17k ▲101%
Net result €17k, the highest in the series.
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 120 days late
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 486 days late
2019
31-12
Financial
Weakest financial yearnet €-2k ▼136%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 253 days late
10-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 618 days late
2016
05-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 97 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Schilde · 1 establishment unit since 2008
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.
Gersblok 192970 SchildeGround area
533 m²
Building footprint
199 m²
Volume, LiDAR
1,228 m³
Parcel 11039D0404/00H000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NELEN LOGISTICS
since 20082.170.141.507
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039D0404/00H000 | Flanders | 533 m² | 1 · 199 m² | 10.4 m · 2 fl. |
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
S & S INVEST
BE 0809.174.097
Sint-Niklaas · Eq €89k
CULOT MNM
BE 0640.799.420
Londerzeel · Eq €89k
ADLL
BE 0759.404.981
Kapelle-op-den-Bos · Eq €89k
EVOLTI
BE 0769.654.913
Kruisem · Eq €89k
WILLSKRACHT
BE 0826.425.152
Evergem · Eq €89k
Of 24,505 companies in sector 82990 we hold annual accounts for 9,396. 7,171 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2008
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
49410Freight transport by road
50400Inland freight water transport
51210Air transport
52250Logistics services
52290Warehousing and support activities for transportation
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.