ROUSSEL LOGISTICS
ActiveSummary
ROUSSEL LOGISTICS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €153,035 and a net result of €6,674. Equity is growing by ~26.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-2
Solvency61▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.61 in 2023; short-term debt: 34.6% and cash: 27.3% of total assets), and 64% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
36%
Return on assets
1.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
19 d late
2023
20 d late
2022
28 d late
2021
17 d late
2020
27 d late
2019
53 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Turnover
€634,343
EBIT margin
-3.2%
Net result
€6,674▼ 55.1%
2023 · €14,871
Working capital
€48,317▼ 36.2%
2023 · €75,695
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€34,644▲ 48.7%€25,015▼ 27.8%€45,668▲ 82.6%€18,549▼ 59.4%€19,035▲ 2.6%
Net result€33,831above the sector's middle half▲ 41.2%€17,481within the sector's middle half▼ 48.3%€38,449within the sector's middle half▲ 120%€14,871within the sector's middle half▼ 61.3%€6,674within the sector's middle half▼ 55.1%
EBIT margin
Equity€80,560within the sector's middle half▲ 65.3%€93,042within the sector's middle half▲ 15.5%€131,491below the sector's middle half▲ 41.3%€146,361within the sector's middle half▲ 11.3%€153,035within the sector's middle half▲ 4.6%
Total assets€229,785within the sector's middle half▲ 6.6%€213,067within the sector's middle half▼ 7.3%€300,538below the sector's middle half▲ 41.1%€432,679below the sector's middle half▲ 44.0%€424,573below the sector's middle half▼ 1.9%
Debt€149,225▼ 10.6%€120,026▼ 19.6%€169,047▲ 40.8%€286,318▲ 69.4%€271,538▼ 5.2%
Working capital€27,405within the sector's middle half€85,995within the sector's middle half▲ 214%€90,074within the sector's middle half▲ 4.7%€75,695within the sector's middle half▼ 16.0%€48,317below the sector's middle half▼ 36.2%
Solvency35.1%within the sector's middle half▲ 12.5pp43.7%within the sector's middle half▲ 8.6pp43.8%within the sector's middle half▲ 0.1pp33.8%within the sector's middle half▼ 9.9pp36.0%within the sector's middle half▲ 2.2pp
Current ratio1.20within the sector's middle half▲ 0.341.92within the sector's middle half▲ 0.731.84within the sector's middle half▼ 0.081.61within the sector's middle half▼ 0.231.33within the sector's middle half▼ 0.28
Return on assets (ROA)14.7%above the sector's middle half▲ 3.6pp8.2%within the sector's middle half▼ 6.5pp12.8%above the sector's middle half▲ 4.6pp3.4%within the sector's middle half▼ 9.4pp1.6%within the sector's middle half▼ 1.9pp
Staff (FTE)4above the sector's middle half=4=4within the sector's middle half=3.3within the sector's middle half▼ 17.5%3within the sector's middle half▼ 9.1%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
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 2024; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €424,573
Fixed assets
€229,232 ▼ 1.3%
Current assets
€195,342 ▼ 2.6%
Equity and liabilities €424,573
Equity
€153,035 ▲ 4.6%
Debt
€271,538 ▼ 5.2%
Debt's share of the balance-sheet total falls from 66.2% to 64.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€85,117▲
2023 · €61,042
Cash flow
€72,756▲
2023 · €57,363
Debt to equity
1.77▼
2023 · 1.96
ROE
4.4%▼
2023 · 10.2%
Interest coverage
9.07▼
2023 · 20.60
Debt ≤ 1 year
€147,024▲
2023 · €124,796
Debt > 1 year
€124,376▼
2023 · €161,430
Income taxes
€3,029▲
2023 · €716
Staff costs
€146,100▼
2023 · €152,685
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €26,500 | €5,000 | - | - |
| Remuneration, social security and pensions62 | - | €174,699 | €191,426 | €152,685 | €146,100 | ▼ 4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,960 | €29,126 | €36,005 | €42,493 | €66,082 | ▲ 55.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,450 | - | - |
| Other operating charges640/8 | - | €3,195 | €5,809 | €3,060 | €3,763 | ▲ 23.0% |
| Gross operating margin9900 | €254,322 | €232,035 | €278,908 | €219,237 | €234,981 | ▲ 7.2% |
| Operating profit (loss)9901 | €34,644 | €25,015 | €45,668 | €18,549 | €19,035 | ▲ 2.6% |
| Financial income75/76B | - | - | - | €0 | €50 | ▲ 83,250% |
| Recurring financial income75 | €2,001 | - | - | €0 | €50 | ▲ 83,250% |
| Financial charges65/66B | - | €3,657 | €2,309 | €2,963 | €9,382 | ▲ 217% |
| Recurring financial charges65 | €1,826 | €3,657 | €2,309 | €2,963 | €9,382 | ▲ 217% |
| Profit (loss) for the period before taxes9903 | €34,820 | €21,358 | €43,359 | €15,587 | €9,703 | ▼ 37.7% |
| Income taxes67/77 | €988 | €3,876 | €4,911 | €716 | €3,029 | ▲ 323% |
| Profit (loss) for the period9904 | €33,831 | €17,481 | €38,449 | €14,871 | €6,674 | ▼ 55.1% |
| Profit (loss) for the period to be appropriated9905 | €33,831 | €17,481 | €38,449 | €14,871 | €6,674 | ▼ 55.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €229,785 | €213,067 | €300,538 | €432,679 | €424,573 | ▼ 1.9% |
| Fixed assets21/28 | €62,002 | €33,820 | €102,916 | €232,188 | €229,232 | ▼ 1.3% |
| Tangible fixed assets22/27 | €62,002 | €32,875 | €101,971 | €231,243 | €228,287 | ▼ 1.3% |
| Furniture and vehicles24 | - | €671 | - | - | - | - |
| Leasing and similar rights25 | - | €32,204 | €101,971 | €231,243 | €228,287 | ▼ 1.3% |
| Financial fixed assets28 | - | €945 | €945 | €945 | €945 | = |
| Current assets29/58 | €167,784 | €179,247 | €197,622 | €200,491 | €195,342 | ▼ 2.6% |
| Amounts receivable within one year40/41 | €63,805 | €121,950 | €67,577 | €79,926 | €71,833 | ▼ 10.1% |
| Trade receivables40 | - | €119,987 | €62,373 | €66,981 | €62,519 | ▼ 6.7% |
| Other amounts receivable41 | - | €1,963 | €5,205 | €12,945 | €9,313 | ▼ 28.1% |
| Cash at bank and in hand54/58 | €100,272 | €52,796 | €129,286 | €120,000 | €115,889 | ▼ 3.4% |
| Deferred charges and accrued income490/1 | - | €4,502 | €759 | €565 | €7,620 | ▲ 1,250% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €229,785 | €213,067 | €300,538 | €432,679 | €424,573 | ▼ 1.9% |
| Equity10/15 | €80,560 | €93,042 | €131,491 | €146,361 | €153,035 | ▲ 4.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €55,100 | €72,582 | €111,031 | €125,901 | €132,575 | ▲ 5.3% |
| Amounts payable17/49 | €149,225 | €120,026 | €169,047 | €286,318 | €271,538 | ▼ 5.2% |
| Amounts payable after more than one year17 | - | €24,722 | €61,438 | €161,430 | €124,376 | ▼ 23.0% |
| Financial debts170/4 | - | €24,722 | €61,438 | €161,430 | €124,376 | ▼ 23.0% |
| Amounts payable within one year42/48 | €140,378 | €93,252 | €107,548 | €124,796 | €147,024 | ▲ 17.8% |
| Current portion of amounts payable after more than one year42 | - | €16,207 | €42,740 | €63,994 | €77,224 | ▲ 20.7% |
| Trade debts44 | €30,459 | €42,205 | €33,732 | €37,842 | €47,034 | ▲ 24.3% |
| Suppliers440/4 | - | €42,205 | €33,732 | €37,842 | €47,034 | ▲ 24.3% |
| Taxes, remuneration and social security45 | - | €34,239 | €29,640 | €21,337 | €20,919 | ▼ 2.0% |
| Taxes450/3 | - | €29,517 | €11,073 | €8,835 | €7,543 | ▼ 14.6% |
| Remuneration and social security454/9 | - | €4,721 | €18,567 | €12,502 | €13,375 | ▲ 7.0% |
| Other amounts payable47/48 | - | €600 | €1,436 | €1,623 | €1,847 | ▲ 13.8% |
| Accrued charges and deferred income492/3 | - | €2,051 | €61 | €92 | €138 | ▲ 49.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,831 | €17,481 | €38,449 | €14,871 | €6,674 | ▼ 55.1% |
| + Depreciation and write-downs630 | €29,960 | €29,126 | €36,005 | €42,493 | €66,082 | ▲ 55.5% |
| Operating cash flow (approximation) | €63,792 | €46,608 | €74,453 | €57,363 | €72,756 | ▲ 26.8% |
| Investment in fixed assets (approximation) | - | -€945 | -€105,100 | -€171,765 | -€63,126 | ▲ 63.2% |
| Change in cash | - | -€47,477 | €76,490 | -€9,285 | -€4,111 | ▲ 55.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
31-12
Financial
Equity above €150,000Eq €153,035 ▲4.6%
6 profitable years in a row build equity to €153,035.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €38,449 ▲120%
Operating result €45,668, net result €38,449, both a record.
31-12
Financial
Equity above €100,000Eq €131,491 ▲41.3%
4 profitable years in a row build equity to €131,491.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Back to profitnet €23,964
Net result €23,964 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Wevelgem · 1 establishment unit since 2015
Ground area
3,004 m²
Building footprint
211 m²
Volume, LiDAR
1,035 m³
Parcel 34029C0681/00D000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Ieperstraat 221, 8560 Wevelgem
since 20152.239.352.589
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029C0681/00D000 | Flanders | 3,004 m² | 1 · 210 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- Kezelberg
- ROUSSEL LOGISTICS
Highest known parent: Kezelberg. The sources do not say who stands above it.
Owners 1
- KezelbergparentSourceaccounts Kezelberg 202470%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 4,903 EUR awarded · 4,903 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 111 EUR | 111 EUR |
| 2024 | 1 | 56 EUR | 56 EUR |
| 2023 | 2 | 1,686 EUR | 1,686 EUR |
| 2022 | 2 | 3,050 EUR | 3,050 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteWevelgem2.239.352.589
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Of 1,076 companies in sector 46140 we hold annual accounts for 646. 503 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
49410Freight transport by road
46180Agents specialised in the wholesale of other particular products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0568940929
Registered
03-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.