PORT-SOLUTION LOGISTICS
ActiveSummary
The computed 12-month bankruptcy probability of PORT-SOLUTION LOGISTICS is 10.2% (high). The 2024 annual accounts show equity of €7k and a net result of €401. Its solvency ranks better than 16% of 6717 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▲+9
Solvency26▼-4
Growth78
Track record86
Bankruptcy probability, 12 months
10.2%
High
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.92 against 0.34 in 2023; short-term debt: 93.2% and cash: 78.9% of total assets), and 98.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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
1.1%
Return on assets
0.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 6717 sector peers (2024).
NBB · sector comparisonPosition among 6717 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 days 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
78 d late
2023
68 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€7k▲ 6.1%
2023 · €7k
2023: €7k
2023 → 2024
Total assets
€634k▲ 369%
2023 · €135k
2023: €135k
2023 → 2024
Net result
€401
2023 · €-2k
2023: €-2k
2023 → 2024
Working capital
€-46k▼ 2.2%
2023 · €-45k
2023: €-45k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€7k-€7k▲ 6.1%
Operating result€1k-€6k▲ 445%
Net result€-2k-€401
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 445% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €634k
Fixed assets
€89k ▼ 20.7%
Current assets
€545k ▲ 2,291%
Equity and liabilities €634k
Equity
€7k ▲ 6.1%
Debt
€627k ▲ 388%
Debt's share of the balance-sheet total rises from 95.1% to 98.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▲
2023 · €15k
Cash flow
€24k▲
2023 · €12k
Current ratio
0.92▲
2023 · 0.34
Debt to equity
89.92▲
2023 · 19.56
ROE
5.7%▲
2023 · -36.9%
ROA
0.1%▲
2023 · -1.8%
Interest coverage
5.13▲
2023 · 4.32
Debt ≤ 1 year
€591k▲
2023 · €68k
Debt > 1 year
€36k▼
2023 · €61k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€135k€634k▲
Formation expenses20€258-
Fixed assets21/28€112k€89k▼
Tangible fixed assets22/27€103k€80k▼
Furniture and vehicles24€4k€3k▼
Leasing and similar rights25€99k€77k▼
Financial fixed assets28€9k€9k=
Current assets29/58€23k€545k▲
Amounts receivable within one year40/41€19k€44k▲
Trade receivables40€12k€44k▲
Other amounts receivable41€7k-
Cash at bank and in hand54/58€3k€501k▲
Deferred charges and accrued income490/1-€636
Equity and liabilities
Total equity and liabilities10/49€135k€634k▲
Equity10/15€7k€7k▲
Contributions10/11€9k€9k=
Profit (loss) carried forward14€-2k€-2k▲
Amounts payable17/49€129k€627k▲
Amounts payable after more than one year17€61k€36k▼
Financial debts170/4€61k€36k▼
Amounts payable within one year42/48€68k€591k▲
Current portion of amounts payable after more than one year42€23k€25k▲
Trade debts44€7k€348k▲
Suppliers440/4€7k€348k▲
Taxes, remuneration and social security45-€183k
Taxes450/3-€179k
Remuneration and social security454/9-€4k
Other amounts payable47/48€38k€36k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€24k▲
Other operating charges640/8€1k€15k▲
Gross operating margin9900€16k€44k▲
Operating profit (loss)9901€1k€6k▲
Financial income75/76B€4€436▲
Recurring financial income75€4€436▲
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-2k€401▲
Profit (loss) for the period9904€-2k€401▲
Profit (loss) for the period to be appropriated9905€-2k€401▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-2k▲
Profit (loss) brought forward from the previous period14P-€-2k
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
17-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 78 days late
08-08
KBO administration
Address struck
2024
31-12
Financial
Back to profitnet €401
Net result €401 after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
SignalFinancial 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
1 establishment unit since 2023
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.
Ground area
79 m²
Building footprint
79 m²
Volume, LiDAR
602 m³
Parcel 31004A0794/00D007, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PORT-SOLUTION LOGISTICS
since 20232.352.762.714
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31004A0794/00D007 | Flanders | 79 m² | 1 · 79 m² | 12.2 m · 3 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
TRANSPORTS OUAHOUO DJOUGUELA
BE 0801.802.988
Geraardsbergen · Eq €6,967
MD LOGISTIC & TRANSPORT
BE 1009.930.544
Verviers · Eq €6,998
EAGLE GROUP TRANSPORT
BE 1019.970.935
Sint-Agatha-Berchem · Eq €7,000
BP EXPRESS
BE 0800.532.486
Tongeren-Borgloon · Eq €7,012
SPEEDY TRANSPORTS
BE 0714.996.797
Vorst · Eq €7,020
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 3,300 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2023
Fiscal year end31-12
Abbreviation NL
PORT-SL
Activities, NACEBEL 2025
49410Freight transport by road
46190Agents in non-specialised wholesale trade
46620Wholesale of machine tools
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.