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SN LOGISTICS

Active
Private limited companyfounded 2024active for 2 yearsVredebaan 55, 2640 Mortsel, Belgium10 active companies are registered at this addressKBO/BCE: BE 1006.885.635
Summary

The computed 12-month bankruptcy probability of SN LOGISTICS is 9.8% (elevated). The 2024 annual accounts show negative equity (-€23,268) and a net result of -€25,268. Its solvency ranks better than 5% of 5,727 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€117,597total assets 2024
Equity
-€23,268
Loss
-€25,268
Turnover not published (micro format)
Financial health
29 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.8%
Structure
Accounts filed 49 days late1 of 2 deeds read
Why 29raises riskLatest accounts 73 days late; 2 of the last 3 lateSector: Land transport and transport via pipelines (NACE 49)Loss of €106,556, the second in a row (financial year 2025)1 change of registered office in 24 monthsShow the evidence

Checked score

Score 2024
29 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 7% of its sector peers (NACE 49, micro)
Financial strength
Weak
Solvency 5
equity -19.8% of total assets
Liquidity 15
short-term debt 119.8% · cash 11.7%
Profitability 0
return on assets -21.5%
Bankruptcy probability, 12 months
9.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,080 companies, NACE 49, micro)
Last 24 months 04-2025: 3.6%lowest value 05-2025: 3.7%▲ +0.1 percentage points vs 04-2025 06-2025: 3.8%▲ +0.1 percentage points vs 05-2025 07-2025: 4.2%▲ +0.4 percentage points vs 06-2025 08-2025: 4.2%● unchanged vs 07-2025 09-2025: 4.6%▲ +0.4 percentage points vs 08-2025 10-2025: 6.3%▲ +1.7 percentage points vs 09-2025 11-2025: 6.3%● unchanged vs 10-2025 12-2025: 6.3%● unchanged vs 11-2025 01-2026: 8.2%▲ +1.9 percentage points vs 12-2025 02-2026: 8.1%▼ -0.1 percentage points vs 01-2026 03-2026: 8.2%▲ +0.1 percentage points vs 02-2026 04-2026: 9.4%▲ +1.2 percentage points vs 03-2026 05-2026: 9.7%▲ +0.3 percentage points vs 04-2026 06-2026: 9.8%▲ +0.1 percentage points vs 05-2026 07-2026: 9.8%● unchanged vs 06-2026 08-2026: 10.2%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 10.2%● unchanged vs 08-2026 10-2026: 9.8%▼ -0.4 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.45, below 1; short-term debt: 119.8% and cash: 11.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 5% on solvency, 16% on liquidity, 6% on profitability and 2% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises riskneutral
raises risk · Latest accounts 73 days late; 2 of the last 3 late
NBB · filings
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Loss of €106,556, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
49 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 49 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€23,268 View
  • Caution: Among the weakest 5% on solvencysector median 38.1% · 5,727 companies -122.0% View
  • Total assets 2024first financial year filed €117,597 View

By topic

Financials

Financial year
2024
Total assets
€117,597
Loss
-€25,268
Solvency
-19.8%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
07-03-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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