RB LOGISTICS
ActiveThe computed 12-month bankruptcy probability of RB LOGISTICS is 1.8% (moderate). The 2025 annual accounts show equity of €129k and a net result of €9k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 954 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-3
Solvency41▼-31
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.28 in 2024; short-term debt: 50% and cash: 14% of total assets), and 83.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.3%
Return on assets
1.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 d early
2024
10 d early
2023
2 d early
2022
27 d early
2021
41 d early
2020
41 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€129k▲ 7.3%
2024 · €120k
2020: €63k
2021: €68k
2022: €93k
2023: €111k
2024: €120k
2020 → 2025
Total assets
€793k▲ 208%
2024 · €257k
2020: €130k
2021: €137k
2022: €192k
2023: €279k
2024: €257k
2020 → 2025
Net result
€9k▲ 3.1%
2024 · €9k
2020: €13k
2021: €4k
2022: €25k
2023: €19k
2024: €9k
2020 → 2025
Working capital
€-25k
2024 · €23k
2020: €25k
2021: €22k
2022: €-4k
2023: €-10k
2024: €23k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€93k▲ 37.5%€111k▲ 20.0%€120k▲ 7.6%€129k▲ 7.3%
Operating result€5k-€26k▲ 405%€19k▼ 25.0%€9k▼ 51.4%€13k▲ 36.5%
Net result€4k-€25k▲ 477%€19k▼ 26.5%€9k▼ 54.2%€9k▲ 3.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 37% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €793k
Fixed assets
€421k▲ 175%
Current assets
€371k▲ 256%
Equity and liabilities €793k
Equity
€129k▲ 7.3%
Debt
€664k▲ 383%
The debt ratio rises from 53.4% to 83.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92k▲
2024 · €72k
Cash flow
€88k▲
2024 · €71k
Solvency
16.3%▼
2024 · 46.6%
Current ratio
0.94▼
2024 · 1.28
Quick ratio
0.94▼
2024 · 1.28
Debt / equity
5.15▲
2024 · 1.15
ROE
6.8%▼
2024 · 7.1%
ROA
1.1%▼
2024 · 3.3%
Interest coverage
22.51▼
2024 · 79.23
Debt
€664k▲
2024 · €137k
Debt ≤ 1 year
€397k▲
2024 · €82k
Debt > 1 year
€267k▲
2024 · €48k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€257k€793k▲
Fixed assets21/28€153k€421k▲
Tangible fixed assets22/27€153k€421k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€151k€420k▲
Current assets29/58€104k€371k▲
Amounts receivable after more than one year29-€250k
Trade receivables290-€250k
Amounts receivable within one year40/41€11k€6k▼
Trade receivables40€9k€0▼
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€93k€111k▲
Deferred charges and accrued income490/1€427€5k▲
Equity and liabilities
Total equity and liabilities10/49€257k€793k▲
Equity10/15€120k€129k▲
Contributions10/11€50k€50k=
Reserves13€70k€79k▲
Distributable reserves133€70k€79k▲
Amounts payable17/49€137k€664k▲
Amounts payable after more than one year17€48k€267k▲
Financial debts170/4€48k€267k▲
Amounts payable within one year42/48€82k€397k▲
Current portion of amounts payable after more than one year42€19k€80k▲
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Other amounts payable47/48€57k€307k▲
Accrued charges and deferred income492/3€8k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€79k▲
Other operating charges640/8€2k€19k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€74k€111k▲
Operating profit (loss)9901€9k€13k▲
Financial charges65/66B€913€4k▲
Recurring financial charges65€913€4k▲
Profit (loss) for the period before taxes9903€9k€9k▲
Profit (loss) for the period9904€9k€9k▲
Profit (loss) for the period to be appropriated9905€9k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€9k▲
Transfer to equity691/2€9k€9k▲
To other reserves6921€9k€9k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €100kEq €111k ▲20%
4 profitable years in a row build equity to €111k.
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2020net €25k ▲477%
Operating result €26k, net result €25k, both a record.
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €4k ▼66.7%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
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, Sint-Gillis-Waas · 1 establishment unit since 2019
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.
Kattestraat(KEM) 59170 Sint-Gillis-WaasGround area
964 m²
Building footprint
182 m²
Volume, LiDAR
880 m³
Parcel 46020C1376/02D000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RB LOGISTICS
since 20192.285.570.319
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020C1376/02D000 | Flanders | 964 m² | 1 · 182 m² | 7.3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
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Of 1,030 companies in sector 52100 we hold annual accounts for 764. 434 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2019
Fiscal year end30-06
Activities, NACEBEL
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.