RUMST LOGISTICS

Active

Public limited companyfounded 200322 yrs activeLouizalaan 65, 1050 Elsene, BelgiumKBO/BCE: BE 0862.457.583

Summary

RUMST LOGISTICS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.3m and a net result of €689,855. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 89% of 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysis Watch Report Compare

RUMST LOGISTICSActiveChecked score 88/100

Risk analysis Report Compare

Checked score

Score 2025

88 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability81▲+2

Solvency100=

Growth62=

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €550,000 at 30 days acceptable

Liquidity ample (current ratio 15.67 against 27.72 in 2024; short-term debt: 2% and cash: 23.5% of total assets), and 7.2% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

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

KBO · registered office

Lower-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Real estate activities (NACE 68)

about 43% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

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

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

92.8%

Return on assets

10.1%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

3 d early

2024

14 d early

2023

98 d early

2022

69 d early

2021

61 d early

2020

101 d early

2019

80 d early

← 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 61 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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 31 May (4 of the last 5 filed years within 47 days of that day).

Companies Code · seven months

Position in the running window

29-09-2026 today31-12-2026 close31-07-2027 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

History

On 31 December 2003, RUMST LOGISTICS was incorporated.¹ A capital increase in 2013 brought the capital to EUR 209,730.² Since 2014 the registered office has moved 4 times, most recently to Brussel in 2021.³⁴ Of the 4 current board members, DUBOIS Marco Antoine Doris Alphonsine has served longest, since 2021.⁴ Revenue went from EUR 1.4 million in 2018 to EUR 1.3 million in 2023.⁵

Go further with this company

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Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover

€1.3m▼ 2.1%

2022 · €1.4m

EBIT margin

50.9%▲ 8.6pp

2022 · 42.4%

Net result

€689,855▲ 27.9%

2024 · €539,298

Working capital

€2.0m▲ 35.9%

2024 · €1.5m

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Turnover€1.2m▲ 0.9%€1.4m▲ 15.7%€1.3m▼ 2.1%

Operating result€538,489▲ 18.0%€579,322▲ 7.6%€681,928▲ 17.7%€736,051▲ 7.9%€922,008▲ 25.3%

Net result€427,058▲ 108%€398,223▼ 6.8%€466,557▲ 17.2%€539,298▲ 15.6%€689,855▲ 27.9%

EBIT margin45.6%▲ 6.6pp42.4%▼ 3.2pp50.9%▲ 8.6pp

Equity€4.9m▲ 9.5%€5.1m▲ 4.0%€5.1m▼ 0.1%€5.6m▲ 10.6%€6.3m▲ 12.2%

Total assets€7.6m▼ 5.6%€8.1m▲ 5.4%€6.5m▼ 19.4%€6.6m▲ 1.7%€6.8m▲ 3.3%

Debt€2.7m▼ 24.4%€2.9m▲ 7.9%€1.4m▼ 53.0%€958,097▼ 30.9%€488,828▼ 49.0%

Working capital€1.0m▼ 4.2%€1.7m▲ 64.9%-€70,117€1.5m€2.0m▲ 35.9%

Solvency64.2%▲ 8.9pp63.4%▼ 0.8pp78.6%▲ 15.3pp85.5%▲ 6.8pp92.8%▲ 7.4pp

Current ratio12.16▼ 3.406.54▼ 5.620.93▼ 5.6127.72▲ 26.7915.67▼ 12.06

Return on assets (ROA)5.6%▲ 3.1pp4.9%▼ 0.6pp7.2%▲ 2.2pp8.2%▲ 1.0pp10.1%▲ 1.9pp

above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2025 is 25% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €6.8m

68.2%

31.8%

Fixed assets €4.7m ▼ 7.9%

Current assets €2.2m ▲ 39.9%

Equity and liabilities €6.8m

92.8%

Equity €6.3m ▲ 12.2%

Debt €488,828 ▼ 49.0%

Debt's share of the balance-sheet total falls from 14.5% to 7.2%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1.3m▲

2024 · €1.3m

Cash flow

€1.1m▲

2024 · €1.1m

Debt to equity

0.08▼

2024 · 0.17

ROE

10.9%▲

2024 · 9.6%

Interest coverage

892.18▲

2024 · 61.32

Debt ≤ 1 year

€138,330▲

2024 · €55,859

Income taxes

€230,663▲

2024 · €175,979

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

Medium-sized
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

0.1% went bankrupt

3.1% stopped otherwise

97% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%	1.9%
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 1,577 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

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Balance sheet Code20242025

Assets

Total assets20/58€6.6m€6.8m▲

Fixed assets21/28€5.0m€4.7m▼

Tangible fixed assets22/27€5.0m€4.7m▼

Land and buildings22€5.0m€4.7m▼

Current assets29/58€1.5m€2.2m▲

Amounts receivable within one year40/41€119,341€510,123▲

Trade receivables40€86,797€492,990▲

Other amounts receivable41€32,543€17,133▼

Cash at bank and in hand54/58€1.4m€1.6m▲

Deferred charges and accrued income490/1€28,411€52,765▲

Equity and liabilities

Total equity and liabilities10/49€6.6m€6.8m▲

Equity10/15€5.6m€6.3m▲

Contributions10/11€5.1m€5.1m=

Capital10€209,730€209,730=

Issued capital100€209,730€209,730=

Outside capital11€4.9m€4.9m=

Share premium1100/10€4.9m€4.9m=

Reserves13€20,973€20,973=

Non-distributable reserves130/1€20,973€20,973=

Legal reserve130€20,973€20,973=

Profit (loss) carried forward14€557,438€1.2m▲

Amounts payable17/49€958,097€488,828▼

Amounts payable after more than one year17€500,000-

Financial debts170/4€500,000-

Amounts payable within one year42/48€55,859€138,330▲

Trade debts44€53,039€54,103▲

Suppliers440/4€53,039€54,103▲

Taxes, remuneration and social security45€2,820€84,227▲

Taxes450/3€2,820€84,227▲

Accrued charges and deferred income492/3€402,239€350,498▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€537,819€406,664▼

Other operating charges640/8€88,920€91,711▲

Gross operating margin9900€1.4m€1.4m▲

Operating profit (loss)9901€736,051€922,008▲

Financial charges65/66B€20,774€1,489▼

Recurring financial charges65€20,774€1,489▼

Profit (loss) for the period before taxes9903€715,277€920,519▲

Income taxes67/77€175,979€230,663▲

Profit (loss) for the period9904€539,298€689,855▲

Profit (loss) for the period to be appropriated9905€539,298€689,855▲

Appropriation of the result

Profit (loss) to be appropriated9906€557,438€1.2m▲

Profit (loss) brought forward from the previous period14P€18,140€557,438▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Turnover70	€1.2m	€1.4m	€1.3m	-	-	-
Goods, raw materials, services and sundry goods60/61	€411,767	€424,034	€361,297	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€524,677	€532,217	€536,148	€537,819	€406,664	▼ 24.4%
Other operating charges640/8	€76,159	€77,126	€86,074	€88,920	€91,711	▲ 3.1%
Gross operating margin9900	€1.1m	€1.2m	€1.3m	€1.4m	€1.4m	▲ 4.2%
Operating profit (loss)9901	€538,489	€579,322	€681,928	€736,051	€922,008	▲ 25.3%
Financial charges65/66B	€111,431	€98,186	€54,699	€20,774	€1,489	▼ 92.8%
Recurring financial charges65	€111,431	€98,186	€54,699	€20,774	€1,489	▼ 92.8%
Profit (loss) for the period before taxes9903	€427,058	€481,136	€627,229	€715,277	€920,519	▲ 28.7%
Income taxes67/77	-	€82,912	€160,671	€175,979	€230,663	▲ 31.1%
Profit (loss) for the period9904	€427,058	€398,223	€466,557	€539,298	€689,855	▲ 27.9%
Profit (loss) for the period to be appropriated9905	€427,058	€398,223	€466,557	€539,298	€689,855	▲ 27.9%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€7.6m	€8.1m	€6.5m	€6.6m	€6.8m	▲ 3.3%
Fixed assets21/28	€6.5m	€6.1m	€5.6m	€5.0m	€4.7m	▼ 7.9%
Tangible fixed assets22/27	€6.5m	€6.1m	€5.6m	€5.0m	€4.7m	▼ 7.9%
Land and buildings22	€6.5m	€6.1m	€5.6m	€5.0m	€4.7m	▼ 7.9%
Current assets29/58	€1.1m	€2.0m	€924,889	€1.5m	€2.2m	▲ 39.9%
Amounts receivable within one year40/41	€57,126	€72,394	€76,343	€119,341	€510,123	▲ 327%
Trade receivables40	€55,265	€72,394	€71,454	€86,797	€492,990	▲ 468%
Other amounts receivable41	€1,861	-	€4,889	€32,543	€17,133	▼ 47.4%
Cash at bank and in hand54/58	€1.0m	€1.9m	€819,913	€1.4m	€1.6m	▲ 14.5%
Deferred charges and accrued income490/1	€30,619	€214	€28,633	€28,411	€52,765	▲ 85.7%
Equity and liabilities
Total equity and liabilities10/49	€7.6m	€8.1m	€6.5m	€6.6m	€6.8m	▲ 3.3%
Equity10/15	€4.9m	€5.1m	€5.1m	€5.6m	€6.3m	▲ 12.2%
Contributions10/11	€5.1m	€5.1m	€5.1m	€5.1m	€5.1m	=
Capital10	€209,730	€209,730	€209,730	€209,730	€209,730	=
Issued capital100	€209,730	€209,730	€209,730	€209,730	€209,730	=
Outside capital11	€4.9m	€4.9m	€4.9m	€4.9m	€4.9m	=
Share premium1100/10	€4.9m	€4.9m	€4.9m	€4.9m	€4.9m	=
Reserves13	-	€20,973	€20,973	€20,973	€20,973	=
Non-distributable reserves130/1	-	€20,973	€20,973	€20,973	€20,973	=
Legal reserve130	-	€20,973	€20,973	€20,973	€20,973	=
Profit (loss) carried forward14	-€155,668	€21,583	€18,140	€557,438	€1.2m	▲ 124%
Amounts payable17/49	€2.7m	€2.9m	€1.4m	€958,097	€488,828	▼ 49.0%
Amounts payable after more than one year17	€2.3m	€2.3m	-	€500,000	-	-
Financial debts170/4	€2.3m	€2.3m	-	€500,000	-	-
Amounts payable within one year42/48	€89,978	€298,928	€995,006	€55,859	€138,330	▲ 148%
Current portion of amounts payable after more than one year42	-	-	€500,000	-	-	-
Trade debts44	€89,978	€92,140	€20,819	€53,039	€54,103	▲ 2.0%
Suppliers440/4	€89,978	€92,140	€20,819	€53,039	€54,103	▲ 2.0%
Taxes, remuneration and social security45	-	€6,788	€4,187	€2,820	€84,227	▲ 2,887%
Taxes450/3	-	€6,788	€4,187	€2,820	€84,227	▲ 2,887%
Other amounts payable47/48	-	€200,000	€470,000	-	-	-
Accrued charges and deferred income492/3	€342,497	€349,949	€391,037	€402,239	€350,498	▼ 12.9%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€427,058	€398,223	€466,557	€539,298	€689,855	▲ 27.9%
+ Depreciation and write-downs630	€524,677	€532,217	€536,148	€537,819	€406,664	▼ 24.4%
Operating cash flow (approximation)	€951,736	€930,441	€1.0m	€1.1m	€1.1m	▲ 1.8%
Investment in fixed assets (approximation)	-	-€85,893	€0	-€25,470	-€8,872	▲ 65.2%
Change in cash	-	€876,087	-€1.1m	€580,925	€203,242	▼ 65.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 44Financial 4Gazette 30Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

18-09

State Gazette act Resignation: IQ EQ Holdings (Belgium) SA (director)

Appointment: Aspelt House (director) · Director discharge · Power of attorney7 facts ▸

General meeting, 01-07-2026
Director resignation, IQ EQ Holdings (Belgium) SA (director)
Director discharge, IQ EQ Holdings (Belgium) SA
Director appointment, Aspelt House (director)
Board composition, N-Bel BV (director)
Board composition, Aspelt House (director)
Power of attorney, IQ EQ Luxembourg SA

28-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

12-03

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 10-02-2026
Registered-office move, Louizlaan 65 bus 1, 1050 Brussel

16-01

State Gazette act Resignation: KPMG Bedrijfsrevisoren (statutory auditor)

Appointment: DELOITTE Bedrijfsrevisoren (statutory auditor) · Permanent representative: Jo Van Baelen · Mandate term6 facts ▸

General meeting, 22-12-2025
Director resignation, KPMG Bedrijfsrevisoren (statutory auditor)
Auditor appointment, DELOITTE Bedrijfsrevisoren (statutory auditor)
Permanent representative, Jo Van Baelen
Mandate term, 3 years
Power of attorney, Moïse Gnakouri

2025

31-12

Financial Highest result since 2018net €689,855 ▲27.9%

Operating result €922,008, net result €689,855, both a record.

31-07

State Gazette act Resignation: Philip Redding (director)

Director discharge3 facts ▸

General meeting, 23/07/2025
Director resignation, Philip Redding (director)
Director discharge, Philip Redding

17-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

15-05

State Gazette act Statutes amendment

Power of attorney4 facts ▸

General meeting, 06-05-2025
Statutes amendment
Power of attorney, RUMST LOGISTICS
Power of attorney, RUMST LOGISTICS

05-05

State Gazette act Resignations: Joannes van de Kimmenade (director) and Marco Dubois (director)

Appointments: IQ EQ Holdings (Belgium) SA (director) and N-Bel BV (director) · Permanent representatives: Laurent Dassonville and Abdelilah Ait-Ahmad · Director discharge14 facts ▸

General meeting, 28-05-2024
Director resignation, Joannes van de Kimmenade (director)
Director resignation, Marco Dubois (director)
Director discharge, Joannes van de Kimmenade
Director discharge, Marco Dubois
Director appointment, IQ EQ Holdings (Belgium) SA (director)
Permanent representative, Laurent Dassonville
Director appointment, N-Bel BV (director)
Permanent representative, Abdelilah Ait-Ahmad
Mandate compensation, IQ EQ Holdings (Belgium) SA
Mandate compensation, N-Bel BV
Board composition, Philip Redding (director)
+2 further facts in this act

24-01

State Gazette act Reappointment: KPMG BEDRIJFSREVISOREN BV (statutory auditor)

Permanent representative: Trumpener Jeroen3 facts ▸

General meeting, 14-06-2024
Auditor reappointment, KPMG BEDRIJFSREVISOREN BV
Permanent representative, Trumpener Jeroen (statutory auditor)

2024

31-12

Financial Liquidity times 30current ratio 27.72

Current ratio from 0.93 to 27.72; short-term debt falls from €995,006 to €55,859.

24-04

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

Show earlier events

2023

23-05

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Equity above €5mEq €5.1m ▲4%

5 profitable years in a row build equity to €5.1m.

28-10

State Gazette act Resignation: Nicholas Preston (director)

Appointment: Philip Anthony Redding (director) · Director discharge · Mandate compensation11 facts ▸

General meeting, 22-09-2022
Director resignation, Nicholas Preston (director)
Director discharge, Nicholas Preston
Director appointment, Philip Anthony Redding (director)
Mandate compensation, Philip Anthony Redding
Board composition, Philip Anthony Redding (director)
Board composition, Joannes van de Kimmenade (director)
Board composition, Marco Dubojs (director)
Power of attorney, IQ EQ Holdings (Belgium) SA
Board meeting, 30-09-2022
Registered-office move, Louizalaan 489, 1050 Brussel

31-05

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

14-10

State Gazette act Resignations: HENDRICKX Eric (director) and WESTEN Didier (director)

Appointments: van de KIMMENADE Joannes Raphaël Maria (director) and DUBOIS Marco Antoine Doris Alphonsine (director) · Statutes amendment · Registered-office move16 facts ▸

General meeting, 30-09-2021
Statutes amendment
Registered-office move, 1050 Brussel, Louizalaan 209A
Director resignation, HENDRICKX Eric (director)
Director resignation, WESTEN Didier (director)
Director discharge, HENDRICKX Eric
Director discharge, WESTEN Didier
Director appointment, van de KIMMENADE Joannes Raphaël Maria (director)
Director appointment, DUBOIS Marco Antoine Doris Alphonsine (director)
Mandate compensation, van de KIMMENADE Joannes Raphaël Maria
Mandate compensation, DUBOIS Marco Antoine Doris Alphonsine
Capital, €209.730
+4 further facts in this act

19-08

State Gazette act Resignations: Kristof Albert Verstraeten (director and managing director) and Steven Jozef de Bie (director)

Appointments: Eric Hendrickx (director) and Didier Westen (director) · Mandate compensation · Director discharge11 facts ▸

General meeting, 12-07-2021
Director resignation, Kristof Albert Verstraeten (director and managing director)
Director resignation, Steven Jozef de Bie (director)
Director appointment, Eric Hendrickx (director)
Director appointment, Didier Westen (director)
Mandate compensation, Eric Hendrickx
Mandate compensation, Didier Westen
Director discharge, Kristof Albert Verstraeten
Director discharge, Steven Jozef de Bie
Board meeting, 12-07-2021
Registered-office move, Wiegstraat 21, 2000 Antwerpen

14-05

State Gazette act Reappointment: KPMG Bedriifsrevisoren BV (statutory auditor)

Permanent representative: Jeroen Trumpener3 facts ▸

General meeting, 13-04-2021
Auditor reappointment, KPMG Bedriifsrevisoren BV (statutory auditor)
Permanent representative, Jeroen Trumpener

21-04

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

31-12

Financial Weakest financial yearnet €205,076 ▼38.7%

Net result drops to €205,076, the lowest in the series; recovery starts the following year.

12-05

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

25-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

13-05

State Gazette act Miscellaneous

Approval2 facts ▸

General meeting, 26-03-2019
Approval, Approval of the Amendment and Restatement Agreement amending and restating the existing continuing credit agreement of EUR 300,000,000 dated 19 October 2018, an…

04-02

State Gazette act Permanent representative: Jeroen Trumpener

Registered-office move · Power of attorney5 facts ▸

Board meeting, 07-01-2019
Registered-office move, Bondgenotenlaan 109, 3000 Leuven, België
Power of attorney, Elk van de bestuurders
General meeting, 16-01-2019
Permanent representative, Jeroen Trumpener

2018

12-11

State Gazette act Resignations: Andrew Pilsworth, Tijs Derison and 4 others

Appointments: Kristof Verstraeten, Steven De Bie and 2 others · Director discharge19 facts ▸

General meeting, 25-10-2018
Director resignation, Andrew Pilsworth (director)
Director resignation, Tijs Derison (director)
Director resignation, James Hartley (director)
Director resignation, André Hintzen (director)
Director resignation, Ann Octavia Peters (director)
Director discharge, Andrew Pilsworth (director)
Director discharge, Tijs Derison (director)
Director discharge, James Hartley (director)
Director discharge, André Hintzen (director)
Director discharge, Ann Octavia Peters (director)
Director appointment, Kristof Verstraeten (director)
+7 further facts in this act

10-10

State Gazette act Resignation: Andreas FLEISCHER (director)

Appointments: James HARTLEY (director) and Ann Octavia PETERS (director)4 facts ▸

General meeting, 10-09-2018
Director resignation, Andreas FLEISCHER (director)
Director appointment, James HARTLEY (director)
Director appointment, Ann Octavia PETERS (director)

13-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 13 days late

16-04

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 259 days late

2017

21-11

State Gazette act Appointment: Andre Hintzen (director)

Mandate compensation3 facts ▸

General meeting, 05-09-2017
Director appointment, Andre Hintzen (director)
Mandate compensation, Andre Hintzen

18-08

State Gazette act Resignation: Kai Röpe (director)

Appointment: Tijs Derison (director) · Mandate compensation4 facts ▸

General meeting, 21-07-2017
Director resignation, Kai Röpe (director)
Director appointment, Tijs Derison (director)
Mandate compensation, Tijs Derison

2016

08-07

State Gazette act Resignation: Deloitte Bedrijfsrevisoren BCVBA (statutory auditor)

Appointment: Pricewaterhousecoopers Bedrijfsrevisoren (statutory auditor) · Power of attorney6 facts ▸

General meeting, 15-06-2016
Director resignation, Deloitte Bedrijfsrevisoren BCVBA (statutory auditor)
Auditor appointment, Pricewaterhousecoopers Bedrijfsrevisoren (statutory auditor)
Power of attorney, Sylvie DECONINCK
Power of attorney, Katrien VORLAT
Power of attorney, Marcos LAMIN-BUSSCHOTS

2015

23-07

State Gazette act Resignations: Simon Carlyon, Laurence Giard Raoult and Elizabeth Blease

Appointments: Kai Röpe, Andrew Pilsworth and Andreas Fleischer · Mandate compensation14 facts ▸

General meeting, 11-06-2015
Director resignation, Simon Carlyon (director)
Director resignation, Laurence Giard Raoult (director)
Director resignation, Elizabeth Blease (director)
Director appointment, Kai Röpe (director)
Director appointment, Andrew Pilsworth (director)
Director appointment, Andreas Fleischer (director)
Mandate compensation, Kai Röpe
Mandate compensation, Andrew Pilsworth
Mandate compensation, Andreas Fleischer
Board meeting, 25-06-2015
Director resignation, Simon Carlyon (managing director)
+2 further facts in this act

2014

16-09

State Gazette act Registered office

Registered-office move · Power of attorney3 facts ▸

Board meeting, 26-08-2014
Registered-office move, 1050 Brussel, Louizalaan 331-333
Power of attorney, elk van de bestuurders individueel

03-04

State Gazette act Capital & shares · Miscellaneous

General meeting1 fact ▸

General meeting, 26-09-2013

09-01

State Gazette act Resignation: Jouke Kist (director)

Appointment: Simon Carlyon (director) · Mandate compensation8 facts ▸

General meeting, 20-12-2013
Director resignation, Jouke Kist (director)
Director appointment, Simon Carlyon (director)
Mandate compensation, Simon Carlyon
Board meeting, 20-12-2013
Director resignation, Jouke Kist (managing director)
Director appointment, Simon Carlyon (day-to-day manager and managing director)
Mandate compensation, Simon Carlyon

2013

09-10

State Gazette act Resignation: Przemyslaw Soroka (director)

2 facts ▸

General meeting, 16-09-2013
Director resignation, Przemyslaw Soroka (director)

30-09

State Gazette act Capital & shares · Statutes amendment

Capital · Capital increase · Bank account16 facts ▸

General meeting, 10-09-2013
Statutes amendment
Capital, €62.000
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Capital increase, €147.730
Bank account, IBAN BE79 7310 3410 1333
+4 further facts in this act

17-09

State Gazette act Appointment: Elizabeth Blease (director)

1 fact ▸

Director appointment, Elizabeth Blease (director)

04-09

State Gazette act Resignations: Kim Creten (class B director) and Bert Vermeulen (class B director)

Appointments: Elizabeth Rayner (class B director) and Przemyslaw Soroka (class B director) · Mandate compensation7 facts ▸

General meeting, 22-08-2013
Director resignation, Kim Creten (class B director)
Director resignation, Bert Vermeulen (class B director)
Director appointment, Elizabeth Rayner (class B director)
Director appointment, Przemyslaw Soroka (class B director)
Mandate compensation, Elizabeth Rayner
Mandate compensation, Przemyslaw Soroka

06-08

State Gazette act Reappointments: Laurence Raoult, Jouke Kist and 3 others

Mandate compensation10 facts ▸

General meeting, 21-06-2013
Director reappointment, Laurence Raoult (director)
Director reappointment, Jouke Kist (director)
Director reappointment, Kim Creten (director)
Director reappointment, Bert Vermeulen (director)
Mandate compensation, Laurence Raoult
Mandate compensation, Jouke Kist
Mandate compensation, Kim Creten
Mandate compensation, Bert Vermeulen
Auditor reappointment, Deloitte Bedrijfsrevisoren BV ovve CVBA (statutory auditor)

2011

28-07

State Gazette act Resignation: Jouke Kist (managing director)

Appointments: Jouke Kist (bestuurder van de categorie a belast met het dagelijks bestuur) and Kim Creten (bestuurder van de categorie b belast met het dagelijks bestuur) · Mandate compensation6 facts ▸

Board meeting, 29-06-2011
Director resignation, Jouke Kist (managing director)
Director appointment, Jouke Kist (bestuurder van de categorie a belast met het dagelijks bestuur)
Director appointment, Kim Creten (bestuurder van de categorie b belast met het dagelijks bestuur)
Mandate compensation, Jouke Kist
Mandate compensation, Kim Creten

2010

13-09

State Gazette act Resignations & appointments

Statutes amendment · Power of attorney3 facts ▸

General meeting, 25-08-2010
Statutes amendment
Power of attorney, VERBAUWHEDE Eric Jan Marie

24-08

State Gazette act Resignations: Patrick Moyaert (director) and Walter Hens (day-to-day manager)

Appointments: Laurence Raoult (director) and Jouke Kist (day-to-day manager) · Reappointments: Jouke Kist, Kim Creten and 2 others · Mandate compensation17 facts ▸

Board meeting, 03-06-2010
Director resignation, Patrick Moyaert (director)
Director appointment, Laurence Raoult (director)
Mandate compensation, Laurence Raoult
Director resignation, Walter Hens (day-to-day manager)
Director appointment, Jouke Kist (day-to-day manager)
Mandate compensation, Jouke Kist
General meeting, 28-06-2010
Director appointment, Laurence Raoult (director)
Mandate compensation, Laurence Raoult
Director reappointment, Jouke Kist (director)
Director reappointment, Kim Creten (director)
+5 further facts in this act

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

30 of 30 acts read

Directors · office · real estate

Directors

4 directors, no change since 2026

Board 4

DUBOIS Marco Antoine Doris Alphonsine

Director · since 30-09-2021

Current

Philip Anthony Redding

Director · since 21-09-2022

Current

N-Bel

Director · since 28-05-2024 · Private limited company · perm. rep.: Abdelilah Ait-Ahmad

Current

Aspelt House

Director · since 18-09-2026 · Foreign entity · perm. rep.: Laurent Dassonville

Current

3 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

Laurence Raoult

Director · since 03-06-2010

Not recently confirmed

Elizabeth Rayner

Class B director · since 22-08-2013

Not recently confirmed

Nicholas Oliver Preston

Director · since 25-10-2018

Not recently confirmed

Permanent representatives 2

Abdelilah Ait-Ahmad

Permanent representative · since 28-05-2024 · for N-Bel

Current

Laurent Dassonville

Permanent representative · since 18-09-2026 · for Aspelt House

Current

Statutory auditor 1

KPMG Bedrijfsrevisoren BV

Auditor · since 25-10-2018 · perm. rep.: Trumpener Jeroen

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Location & real-estate footprint

Registered office, Elsene · 1 establishment unit since 2004

seat establishment The establishment unit on the map

Ground area

3,784 m²

Building footprint

2,763 m²

Volume, LiDAR

72,587 m³

2 parcels, Brussels · tallest building 42.2 m, ±12 floors. Linked by address, not a title deed.

462 companies at this address See who is registered here

1 establishment unit

RUMST LOGISTICS

Louizalaan 331-333, 1050 ElseneNACE 7012001

since 20042.135.288.417

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21807G0213/00V002	Brussels	2,100 m²	1 · 330 m²	42.2 m · 12 fl.
21807G0007/00R000	Brussels	1,683 m²	1 · 2,433 m²	35.6 m · 9 fl.

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Mandate history

35 people since 2010, 8 in office

All 35 In office 8 Ended 27

Board
Day-to-day management
Statutory auditor
not recently confirmed
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
DUBOIS Marco Antoine Doris Alphonsine	Director, from 30-09-2021 to date
Philip Anthony Redding	Director, from 21-09-2022 to date
N-Bel	Director, from 28-05-2024 to date
Aspelt House	Director, from 18-09-2026 to date
KPMG Bedrijfsrevisoren BV	Auditor, from 25-10-2018 to date
Laurence Raoult	Director, from 03-06-2010 not ended, last confirmed 06-08-2013
Elizabeth Rayner	Class B director, from 22-08-2013 not ended, last confirmed 04-09-2013
Nicholas Oliver Preston	Director, from 25-10-2018 not ended, last confirmed 12-11-2018
IQ EQ Holdings (Belgium)	Director, from 28-05-2024 to 18-09-2026
Philip Redding	Director, until 31-07-2025
Joannes van de Kimmenade	Director, from 30-09-2021 to 28-05-2024
Marco Dubois	Director, until 28-05-2024
Nicholas Preston	Director, until 21-09-2022
Didier Westen	Director, from 12-07-2021 to 30-09-2021
Eric Hendrickx	Director, from 12-07-2021 to 30-09-2021
Kristof Verstraeten	Director, from 25-10-2018 to 12-07-2021 Managing director, from 25-10-2018 to 12-07-2021
Steven De Bie	Director, from 25-10-2018 to 12-07-2021
Andrew Pilsworth	Director, from 19-06-2015 to 25-10-2018 Managing director, from 19-06-2015 to 25-10-2018
André Hintzen	Director, from 05-09-2017 to 25-10-2018
Ann Octavia Peters	Director, from 10-09-2018 to 25-10-2018
James Hartley	Director, from 10-09-2018 to 25-10-2018
PricewaterhouseCoopers, Bedrijfsrevisoren	Statutory auditor, from 15-06-2016 to 25-10-2018
Tijs Derison	Director, from 21-07-2017 to 25-10-2018
Andreas FLEISCHER	Director, from 19-06-2015 to 10-09-2018
Kai Röpe	Director, from 19-06-2015 to 21-07-2017
Deloitte Bedrijfsrevisoren	Statutory auditor, from 28-06-2010 to 15-06-2016
Elizabeth Blease	Director, from 22-08-2013 to 19-06-2015
Laurence Giard Raoult	Director, until 19-06-2015
Simon Carlyon	Director, from 20-12-2013 to 19-06-2015 Day-to-day manager and managing director, from 20-12-2013 to 19-06-2015
Jouke Kist	Day-to-day manager, from 03-06-2010 to 28-07-2011 Director, already before 24-08-2010 to 20-12-2013 Managing director, until 20-12-2013
Przemyslaw Soroka	Class B director, from 22-08-2013 to 16-09-2013
Bert Vermeulen	Director, already before 24-08-2010 to 22-08-2013
Kim Creten	Director, already before 24-08-2010 to 22-08-2013 Bestuurder van de categorie b belast met het dagelijks bestuur, from 29-06-2011 ended, last mentioned 28-07-2011
Walter Hens	Day-to-day manager, until 03-06-2010
Patrick Moyaert	Director, until 28-05-2010

Show all 35 people Show the first 12See the board, name and seat on a given date →

Articles of association

Purpose

Alle verrichtingen die betrekking hebben op de handel in onroerende goederen... De vennootschap heeft, in het bijzonder, als voorwerp, de promotie, het oprichten en uitbaten van…

Full purpose

Alle verrichtingen die betrekking hebben op de handel in onroerende goederen... De vennootschap heeft, in het bijzonder, als voorwerp, de promotie, het oprichten en uitbaten van kantoren, opslagruimten en gelijkaardige werkzaamheden.

according to the deed of 14-10-2021

Structure & network

Owners and holdings

2 owners

Chain of control

Highest known parent: Titanium Ruth Belgium Holdco. The sources do not say who stands above it.

Owners 2

PANTON KORTENBERG VASTGOEDparent

Sourceaccounts PANTON KORTENBERG VASTGOED 2025

90%
Titanium Ruth Belgium Holdco

Sourceaccounts Titanium Ruth Belgium Holdco 30-09-2025

10%+ 90% via subsidiaries

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

19 connected companies

Depth

Shared directors

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Linked via shared directors

AKTIEFINVEST

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FM-A INVEST

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IMMO-QUINTO

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RHVG QT

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RHVG RB

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RHVG SB

Shared director

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RHVG TB

Shared director

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RUMST LOGISTICS III

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team.blue

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BELLECOM

Shared corporate director

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LCP NIVELLES DC

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Louise Legrand 523

Shared corporate director

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Ravenstein 36

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Capital and shareholders

Capital over the years

14-10-2021 Capital stated in the act · 209,730 EUR · 338 shares
30-09-2013 Capital increase of 147,730 EUR · to 209,730 EUR · 238 new shares · in cash
30-09-2013 Capital increase of 100 EUR

Similar companies · same sector, comparable size

Remos

BE 0411.592.477

Wevelgem · Eq €6,360,270

Turnhout · Eq €6,286,981

CALEVOET LAND

BE 0533.769.719

Deinze · Eq €6,380,673

R-INVEST

BE 0458.374.983

Pelt · Eq €6,278,233

Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. 1,604 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPublic limited company

Founded31-12-2003

Fiscal year end31-12

Activities, NACEBEL 2025

68121Development of residential building projects

68122Development of non-residential building projects

Contact

Phone 02/675.71.01.Elsene

E-invoicing

Reachable via Peppol

Peppol ID 0208:0862457583

Registered 05-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.