SMS LOGISTICS
Open bankruptcyA bankruptcy procedure is open for SMS LOGISTICS according to publications in the Belgian State Gazette; curator: LIESBETH TOMMELEIN.
Summary
The file additionally contains 1 judicial reorganisation. The 2022 annual accounts show negative equity (-€165,976) and a net result of -€296,324.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ostend division
- Declared bankrupt
- 13 November 2023
- Supervising judge
- Sabine Claeys
- Official Gazette
- 22-11-2023 (pdf) ↗search the document for 2023/144402
Deadlines
- Provisional date payments stopped
- 13 November 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 7 December 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 13 December 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 12 January 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 13 November 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Liesbeth TommeleinRietstraat 11, 8400 Oostendeliesbeth.tommelein@advocaat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of SMS LOGISTICS in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-09-2023, 59 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
not confirmed
2024
not filed
2023
not filed
2022
59 d late
2021
87 d late
2020
61 d late
2019
116 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 81 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Freight transport by road sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
-€165,976
2021 · €130,347
Total assets
€661,443▼ 3.9%
2021 · €688,043
Net result
-€296,324
2021 · €22,295
Working capital
-€259,601
2021 · €3,665
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line20182019202020212022
Operating result€98,718-€8,562▼ 91.3%€52,761▲ 516%€40,441▼ 23.3%-€288,321
Net result€55,249-€2,949▼ 94.7%€37,454within the sector's middle half▲ 1,170%€22,295within the sector's middle half▼ 40.5%-€296,324below the sector's middle half
Equity€67,649-€70,598▲ 4.4%€108,052below the sector's middle half▲ 53.1%€130,347below the sector's middle half▲ 20.6%-€165,976below the sector's middle half
Total assets€675,693-€772,703▲ 14.4%€753,857within the sector's middle half▼ 2.4%€688,043within the sector's middle half▼ 8.7%€661,443within the sector's middle half▼ 3.9%
Debt€608,045-€702,105▲ 15.5%€645,805▼ 8.0%€557,696▼ 13.6%€827,419▲ 48.4%
Working capital-€17,049--€75,144▼ 341%-€65,836▲ 12.4%€3,665-€259,601
Solvency10.0%-9.1%▼ 0.9pp14.3%below the sector's middle half▲ 5.2pp18.9%below the sector's middle half▲ 4.6pp-25.1%below the sector's middle half▼ 44.0pp
Staff (FTE)6.4-9▲ 40.6%9.7within the sector's middle half▲ 7.8%10.9within the sector's middle half▲ 12.4%17.4within the sector's middle half▲ 59.6%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €288,321 after €40,441 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €661,443
Fixed assets
€93,624 ▼ 29.6%
Current assets
€567,819 ▲ 2.3%
Key figures and ratios
EBITDA
-€235,931▼
2021 · €106,032
Cash flow
-€243,934▼
2021 · €87,886
Current ratio
0.69▼
2021 · 1.01
Debt to equity
-4.99▼
2021 · 4.28
ROA
-44.8%▼
2021 · 3.2%
Interest coverage
-29.31▼
2021 · 8.09
Debt ≤ 1 year
€827,419▲
2021 · €551,435
Income taxes
€308▼
2021 · €6,380
Staff costs
€535,423▲
2021 · €329,714
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,166 | - |
| Remuneration, social security and pensions62 | - | - | - | €329,714 | €535,423 | ▲ 62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,234 | €52,472 | €52,579 | €65,591 | €52,389 | ▼ 20.1% |
| Other operating charges640/8 | - | - | - | €46,588 | €39,911 | ▼ 14.3% |
| Non-recurring operating charges66A | - | - | - | €8,587 | €7,863 | ▼ 8.4% |
| Gross operating margin9900 | €632,498 | €372,491 | €437,543 | €490,921 | €347,266 | ▼ 29.3% |
| Operating profit (loss)9901 | €98,718 | €8,562 | €52,761 | €40,441 | -€288,321 | ▼ 813% |
| Financial income75/76B | - | - | - | €1,346 | €355 | ▼ 73.6% |
| Recurring financial income75 | €291 | €638 | €1,880 | €1,346 | €355 | ▼ 73.6% |
| Financial charges65/66B | - | - | - | €13,112 | €8,050 | ▼ 38.6% |
| Recurring financial charges65 | €7,191 | €4,273 | €6,545 | €13,112 | €8,050 | ▼ 38.6% |
| Profit (loss) for the period before taxes9903 | €91,818 | €4,927 | €48,097 | €28,675 | -€296,016 | ▼ 1,132% |
| Income taxes67/77 | €36,569 | €1,978 | €10,643 | €6,380 | €308 | ▼ 95.2% |
| Profit (loss) for the period9904 | €55,249 | €2,949 | €37,454 | €22,295 | -€296,324 | ▼ 1,429% |
| Profit (loss) for the period to be appropriated9905 | €55,249 | €2,949 | €37,454 | €22,295 | -€296,324 | ▼ 1,429% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €675,693 | €772,703 | €753,857 | €688,043 | €661,443 | ▼ 3.9% |
| Formation expenses20 | €644 | €435 | €226 | €17 | €0 | ▼ 100% |
| Fixed assets21/28 | €103,357 | €190,235 | €192,615 | €132,926 | €93,624 | ▼ 29.6% |
| Intangible fixed assets21 | €48,500 | €42,500 | €36,500 | €30,500 | €24,500 | ▼ 19.7% |
| Tangible fixed assets22/27 | €54,857 | €147,735 | €156,115 | €102,426 | €69,124 | ▼ 32.5% |
| Plant, machinery and equipment23 | - | - | - | €334 | - | - |
| Furniture and vehicles24 | - | - | - | €89,022 | €62,589 | ▼ 29.7% |
| Leasing and similar rights25 | - | - | - | €13,071 | €6,535 | ▼ 50.0% |
| Current assets29/58 | €571,692 | €582,032 | €561,016 | €555,100 | €567,819 | ▲ 2.3% |
| Amounts receivable within one year40/41 | €449,362 | €417,001 | €385,073 | €423,416 | €530,598 | ▲ 25.3% |
| Trade receivables40 | - | - | - | €212,340 | €238,057 | ▲ 12.1% |
| Other amounts receivable41 | - | - | - | €211,076 | €292,541 | ▲ 38.6% |
| Cash at bank and in hand54/58 | €121,671 | €165,032 | €174,705 | €94,219 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €37,465 | €37,221 | ▼ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €675,693 | €772,703 | €753,857 | €688,043 | €661,443 | ▼ 3.9% |
| Equity10/15 | €67,649 | €70,598 | €108,052 | €130,347 | -€165,976 | ▼ 227% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | = |
| Reserves13 | €55,249 | €58,198 | €95,652 | €117,947 | €117,947 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €116,087 | €116,087 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€296,324 | - |
| Amounts payable17/49 | €608,045 | €702,105 | €645,805 | €557,696 | €827,419 | ▲ 48.4% |
| Amounts payable after more than one year17 | €18,801 | €44,929 | €18,954 | €6,261 | - | - |
| Financial debts170/4 | - | - | - | €6,261 | - | - |
| Amounts payable within one year42/48 | €588,741 | €657,176 | €626,851 | €551,435 | €827,419 | ▲ 50.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,692 | €6,261 | ▼ 50.7% |
| Trade debts44 | €437,935 | €509,437 | €465,000 | €355,166 | €533,297 | ▲ 50.2% |
| Suppliers440/4 | - | - | - | €355,166 | €533,297 | ▲ 50.2% |
| Taxes, remuneration and social security45 | - | - | - | €183,576 | €287,861 | ▲ 56.8% |
| Taxes450/3 | - | - | - | €144,785 | €207,162 | ▲ 43.1% |
| Remuneration and social security454/9 | - | - | - | €38,791 | €80,699 | ▲ 108% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,249 | €2,949 | €37,454 | €22,295 | -€296,324 | ▼ 1,429% |
| + Depreciation and write-downs630 | €47,234 | €52,472 | €52,579 | €65,591 | €52,389 | ▼ 20.1% |
| Operating cash flow (approximation) | €102,482 | €55,421 | €90,033 | €87,886 | -€243,934 | ▼ 378% |
| Investment in fixed assets (approximation) | - | -€139,350 | -€54,959 | -€5,902 | -€13,087 | ▼ 122% |
| Change in cash | - | €43,361 | €9,673 | -€80,486 | - | - |
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
2023
22-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 13-11-2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
05-06
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement · event 31-05-2023
2022
31-12
Financial
Weakest financial yearnet -€296,324
Net result drops to -€296,324, the lowest in the series.
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 87 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Equity above €100,000Eq €108,052 ▲53.1%
3 profitable years in a row build equity to €108,052.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 116 days late
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 85 days late
SignalFinancial 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Gistel · 1 establishment unit since 2017
Ground area
744 m²
Building footprint
121 m²
Parcel 35019B0047/00F002, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SMS LOGISTICS
since 20172.261.588.157
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35019B0047/00F002 | Flanders | 744 m² | 1 · 121 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIESBETH TOMMELEIN RIETSTRAAT 11,
8400 OOSTENDE |
13-11-2023 → present |
Similar companies · same sector, comparable size
EA GROUP
BE 0788.698.783
Vilvoorde · Eq €130,332
VANSCHOENWINKEL IVO
BE 0472.771.070
Sint-Truiden · Eq €130,404
CHANDLER BELGIUM
BE 0810.438.661
Antwerpen · Eq €130,413
TRANSPORT GOOSSENS
BE 0422.313.848
Sint-Pieters-Leeuw · Eq €130,274
M-CARGO
BE 0720.786.709
Middelkerke · Eq €130,238
Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 6,373 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 (pre-2019)
Founded01-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52210Service activities incidental to land transportation
52249Warehousing and support activities for transportation
52250Logistics services
53100Postal and courier activities
53200Other postal and courier activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.