PBLogistics

Active

Private limited companyfounded 20224 yrs activeRommelaerelaan 47, 1020 Brussel, BelgiumKBO/BCE: BE 0780.857.621

PBLogistics has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €18k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 53% of 88 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2026

100 / 100

Excellent▲ +32 vs 2025

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2025

Profitability100=

Solvency95▲+72

Growth32=

Stability94

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity ample (current ratio 1.91 against 1.14 in 2025), and 45.3% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2026

Solvency, return and age of the figures

Solvency

54.7%

Return on assets

39.1%

Age of the figures

7 mo

Latest accounts filed on time

The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 04-09-2026, 26 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2026

26 d early

2025

6 d early

2024

70 d early

2023

30 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

15-09-2026 today28-02-2027 close30-09-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2026, abbreviated schema

Turnover

€131k

EBIT margin

20.0%

Net result

€13k▲ 94.5%

2025 · €6k

2023: €20k 2024: €-24k 2025: €6k

2023 → 2026

Working capital

€13k▲ 163%

2025 · €5k

2023: €22k 2024: €-12k 2025: €5k

2023 → 2026

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2023202420252026Trend

Turnover€131k-

Equity€22k-€-1k€5k€18k▲ 250%

Operating result€26k-€-23k€12k€17k▲ 46.4%

Net result€20k-€-24k€6k€13k▲ 94.5%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2024 the operating result has climbed two years in a row; 2026 is 46% above 2025.

Balance-sheet composition

2026 in colour, 2025 as the grey bar beneath

Assets €32k

13.6%

86.4%

Fixed assets €4k

Current assets €28k

Equity and liabilities €32k

54.7%

45.3%

Equity €18k▲ 250%

Debt €15k▼ 59.0%

The debt ratio falls from 87.6% to 45.3%: equity grows while debt is paid down.

Key figures and ratios

2026 value · change against 2025

EBITDA

€18k

Cash flow

€14k

Solvency

54.7%▲

2025 · 12.4%

Current ratio

1.91▲

2025 · 1.14

Quick ratio

1.91▲

2025 · 1.14

Debt / equity

0.83▼

2025 · 7.06

ROE

71.5%▼

2025 · 128.6%

ROA

39.1%▲

2025 · 16.0%

Interest coverage

228.38

Debt

€15k▼

2025 · €36k

Debt ≤ 1 year

€15k▼

2025 · €36k

Income taxes

€5k▼

2025 · €5k

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 · 2026 against 2025

Balance sheet Code20252026

Assets

Total assets20/58€41k€32k▼

Fixed assets21/28-€4k

Tangible fixed assets22/27€0€4k▲

Furniture and vehicles24-€4k

Current assets29/58€41k€28k▼

Amounts receivable within one year40/41€39k€8k▼

Trade receivables40€39k€8k▼

Other amounts receivable41€499-

Cash at bank and in hand54/58€2k€20k▲

Equity and liabilities

Total equity and liabilities10/49€41k€32k▼

Equity10/15€5k€18k▲

Contributions10/11€2k€2k=

Capital10-€2k

Issued capital100-€2k

Profit (loss) carried forward14€3k€16k▲

Amounts payable17/49€36k€15k▼

Amounts payable within one year42/48€36k€15k▼

Trade debts44€24k€1k▼

Suppliers440/4€24k€1k▼

Taxes, remuneration and social security45€12k€8k▼

Taxes450/3€12k€8k▼

Other amounts payable47/48-€5k

Income statement Code20252026

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€933

Other operating charges640/8€3k€121▼

Non-recurring operating charges66A€4k-

Gross operating margin9900€19k€18k▼

Operating profit (loss)9901€12k€17k▲

Financial charges65/66B€295€80▼

Recurring financial charges65€295€80▼

Profit (loss) for the period before taxes9903€12k€17k▲

Income taxes67/77€5k€5k▼

Profit (loss) for the period9904€6k€13k▲

Profit (loss) for the period to be appropriated9905€6k€13k▲

Appropriation of the result

Profit (loss) to be appropriated9906€3k€16k▲

Profit (loss) brought forward from the previous period14P€-3k€3k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

Next filing, fiscal year 2027, expected by 30-09-2027

2026

04-09

NBB filing Annual accounts filed

fiscal year 2026 · abbreviated schema

2025

24-09

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

28-02

Financial Back to profitnet €6k

Net result €6k after one loss-making year.

28-02

Financial Liquidity times 42current ratio 1.14

Current ratio from 0.03 to 1.14.

2024

22-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

29-02

Financial Weakest financial yearnet €-24k ▼217%

Net result drops to €-24k, the lowest in the series; recovery starts the following year.

2023

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Brussel · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Rommelaerelaan 471020 Brussel

Ground area

332 m²

Building footprint

111 m²

Volume, LiDAR

1,207 m³

Parcel 21816H0109/00K013, Brussels · tallest building 21.5 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

PBLogistics

Rommelaerelaan 47, 1020 BrusselWholesale trade

since 20222.327.317.733

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21816H0109/00K013	Brussels	332 m²	1 · 111 m²	21.5 m · 4 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

Optipower

BE 1021.508.879

Lille · Eq €18k

REGULATORY ENGINEERING OFFICE

Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 29,116 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded25-01-2022

Fiscal year end28-02

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

46150Agents in the wholesale of furniture, household goods and hardware

49410Freight transport by road

49420Removal services

52210Service activities incidental to land transportation

52250Logistics services

52290Warehousing and support activities for transportation

53200Other postal and courier activities

68110Buying and selling of own real estate

68201Renting and operating of own or leased residential real estate, excluding social housing

70210Activities of head offices; management consultancy activities

72101Research and development on biotechnology

72109Other research and development on natural sciences

73300Public relations and communication consultancy

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.