SHIPNEXT
ActiveThe computed 12-month bankruptcy probability of SHIPNEXT is 3.8% (moderate). The 2025 annual accounts show negative equity (€-1.31M) and a net result of €-305k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 719 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
15
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08 against 0.13 in 2024; cash: 0.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 · 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 2025Solvency, return and age of the figures
Return on assets
-273.7%
Age of the figures
9 mo
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 →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-1.31M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 5 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
6 d early
2022
23 d late
2021
100 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-1.31M▼ 30.3%
2024 · €-1.01M
2021: €23k
2022: €27k
2023: €-47k
2024: €-1.01M
2021 → 2025
Total assets
€112k▼ 30.3%
2024 · €160k
2021: €98k
2022: €288k
2023: €172k
2024: €160k
2021 → 2025
Net result
€-305k▲ 68.2%
2024 · €-961k
2021: €20k
2022: €4k
2023: €-74k
2024: €-961k
2021 → 2025
Working capital
€-1.32M▼ 30.2%
2024 · €-1.01M
2021: €23k
2022: €27k
2023: €-46k
2024: €-1.01M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€27k▲ 18.7%€-47k€-1.01M▼ 2,058%€-1.31M▼ 30.3%
Operating result€-41k-€-38k▲ 7.0%€-196k▼ 417%€-1.04M▼ 432%€-365k▲ 65.0%
Net result€20k-€4k▼ 78.5%€-74k€-961k▼ 1,204%€-305k▲ 68.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €365k in 2025 against €1.04M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112k
Fixed assets
€4k=
Current assets
€108k▼ 31.1%
Key figures and ratios
Current ratio
0.08▼
2024 · 0.13
Quick ratio
0.08▼
2024 · 0.13
Debt / equity
-1.08▲
2024 · -1.16
ROA
-273.7%▲
2024 · -600.4%
Debt
€1.42M▲
2024 · €1.17M
Debt ≤ 1 year
€1.42M▲
2024 · €1.17M
Income taxes
€0▲
2024 · €-91
Staff costs
€506k▲
2024 · €361k
A ratio outside any meaningful range has been withheld (balance sheet total €112k, equity €-1.31M).
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€160k€112k▼
Fixed assets21/28€4k€4k=
Financial fixed assets28€4k€4k=
Current assets29/58€156k€108k▼
Amounts receivable within one year40/41€133k€82k▼
Trade receivables40€11k€848▼
Other amounts receivable41€122k€81k▼
Current investments50/53€20k€20k=
Cash at bank and in hand54/58€3k€372▼
Deferred charges and accrued income490/1€451€5k▲
Equity and liabilities
Total equity and liabilities10/49€160k€112k▼
Equity10/15€-1.01M€-1.31M▼
Contributions10/11€3k€3k=
Reserves13€24k€24k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€-1.03M€-1.34M▼
Amounts payable17/49€1.17M€1.42M▲
Amounts payable within one year42/48€1.17M€1.42M▲
Trade debts44€21k€106k▲
Suppliers440/4€21k€106k▲
Taxes, remuneration and social security45€81k€151k▲
Taxes450/3€27k€39k▲
Remuneration and social security454/9€53k€112k▲
Other amounts payable47/48€1.07M€1.17M▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€361k€506k▲
Other operating charges640/8€505€1k▲
Gross operating margin9900€-681k€143k▲
Operating profit (loss)9901€-1.04M€-365k▲
Financial income75/76B€130k€82k▼
Recurring financial income75€130k€82k▼
Non-recurring financial income76B€0-
Financial charges65/66B€49k€23k▼
Recurring financial charges65€49k€23k▼
Profit (loss) for the period before taxes9903€-961k€-305k▲
Income taxes67/77€-91€0▲
Profit (loss) for the period9904€-961k€-305k▲
Profit (loss) for the period to be appropriated9905€-961k€-305k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.03M€-1.34M▼
Profit (loss) brought forward from the previous period14P€-74k€-1.03M▼
Social balance
Average headcount (FTE)90873.44.9▲
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-961k
Net result drops to €-961k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 100 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 2020
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.
Generaal Lemanstraat 742600 AntwerpenGround area
924 m²
Building footprint
562 m²
Volume, LiDAR
9,099 m³
Parcel 11303B0436/00P013, Flanders · tallest building 24.3 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
SHIPNEXT
since 20202.303.534.719
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0436/00P013 | Flanders | 924 m² | 1 · 562 m² | 24.3 m · 7 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 to 2025 · 6 entries · 386,565 EUR awarded · 309,786 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 0 EUR |
| 2024 | 2 | 1,286 EUR | 153,286 EUR |
| 2023 | 2 | 385,279 EUR | 156,500 EUR |
Schemes
Ontwikkelingsproject
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
MD DISTRIBUTION
BE 0441.815.402
Bernissart · Eq €27k
Riverport Shipping
BE 0550.818.656
Schoten · Eq €27k
EMR CONCEPT
BE 0805.434.352
Wezembeek-Oppem · Eq €27k
ANDY LOGISTIEK
BE 0768.920.681
Beveren-Kruibeke-Zwijndrecht · Eq €27k
CGATE Logistics Belgium
BE 0738.671.331
Antwerpen · Eq €27k
Of 3,189 companies in sector 52250 we hold annual accounts for 1,956. 967 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2020
Fiscal year end31-12
Activities, NACEBEL
52250Logistics services
52290Warehousing and support activities for transportation
62020IT consultancy
62200Computer consultancy and computer facilities management
58290Other software publishing
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.