SWEET LOGISTICS
ActiveSummary
SWEET LOGISTICS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €257,889 and a net result of €2.1m. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 877 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency35=
Growth69▼-1
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.98 in 2024; short-term debt: 87.2% and cash: 5% of total assets), and 90.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.9%
Return on assets
78.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 877 sector peers (2025).
NBB · sector comparisonPosition among 877 sector peers
Solvency
better than 15%
← weakest
strongest →
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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
23 d early
2023
22 d early
2022
25 d early
2021
20 d early
2020
36 d early
2019
24 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 33 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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 8 July (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
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€4.6m▲ 0.4%
2024 · €4.6m
EBIT margin
57.9%▼ 2.8pp
2024 · 60.8%
Net result
€2.1m▼ 4.7%
2024 · €2.2m
Working capital
€151,160
2024 · -€37,227
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 49, Land transport and transport via pipelines, 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
Line20212022202320242025
Turnover€3.9m▲ 30.0%€3.8m▼ 1.7%€4.3m▲ 12.3%€4.6m▲ 7.1%€4.6m▲ 0.4%
Operating result€2.3m▲ 47.4%€2.2m▼ 5.8%€2.5m▲ 14.6%€2.8m▲ 11.1%€2.7m▼ 4.3%
Net result€1.7mabove the sector's middle half▲ 46.9%€1.6mabove the sector's middle half▼ 5.7%€1.9mabove the sector's middle half▲ 16.3%€2.2mabove the sector's middle half▲ 13.2%€2.1mabove the sector's middle half▼ 4.7%
EBIT margin59.9%▲ 7.1pp57.4%▼ 2.5pp58.6%▲ 1.2pp60.8%▲ 2.2pp57.9%▼ 2.8pp
Equity€224,869within the sector's middle half=€243,821within the sector's middle half▲ 8.4%€255,698within the sector's middle half▲ 4.9%€257,359within the sector's middle half▲ 0.6%€257,889below the sector's middle half▲ 0.2%
Total assets€2.6mwithin the sector's middle half▲ 57.4%€4.1mwithin the sector's middle half▲ 59.5%€2.4mwithin the sector's middle half▼ 41.3%€2.7mwithin the sector's middle half▲ 10.5%€2.6mwithin the sector's middle half▼ 2.1%
Debt€2.4m▲ 66.5%€3.9m▲ 64.4%€2.2m▼ 44.2%€2.4m▲ 11.7%€2.3m▼ 4.6%
Working capital-€136,877below the sector's middle half-€24,066within the sector's middle half▲ 82.4%-€98,780below the sector's middle half▼ 310%-€37,227within the sector's middle half▲ 62.3%€151,160within the sector's middle half
Solvency8.7%below the sector's middle half▼ 5.0pp5.9%below the sector's middle half▼ 2.8pp10.6%below the sector's middle half▲ 4.7pp9.6%below the sector's middle half▼ 0.9pp9.9%below the sector's middle half▲ 0.2pp
Current ratio0.94within the sector's middle half▼ 0.130.99within the sector's middle half▲ 0.050.95within the sector's middle half▼ 0.040.98within the sector's middle half▲ 0.031.07within the sector's middle half▲ 0.08
Return on assets (ROA)67.3%above the sector's middle half▼ 4.8pp39.8%above the sector's middle half▼ 27.5pp78.9%above the sector's middle half▲ 39.1pp80.8%above the sector's middle half▲ 1.9pp78.6%above the sector's middle half▼ 2.2pp
Staff (FTE)13.3within the sector's middle half▲ 0.8%14within the sector's middle half▲ 5.3%14within the sector's middle half=13.3within the sector's middle half▼ 5.0%14.1within the sector's middle half▲ 6.0%
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.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.6m
Fixed assets
€182,979 ▼ 37.9%
Current assets
€2.4m ▲ 2.4%
Equity and liabilities €2.6m
Equity
€257,889 ▲ 0.2%
Provisions
€55,449
Debt
€2.3m ▼ 4.6%
Debt's share of the balance-sheet total falls from 90.4% to 88.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.8m▼
2024 · €2.9m
Cash flow
€2.2m▼
2024 · €2.3m
Debt to equity
8.92▼
2024 · 9.37
ROE
796.8%▼
2024 · 837.6%
Interest coverage
7712.90
Debt ≤ 1 year
€2.3m▼
2024 · €2.4m
Income taxes
€662,412▼
2024 · €696,552
Staff costs
€1.0m▼
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 496 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.2%
went bankrupt
3.2%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 496 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €3.9m | €3.9m | €4.4m | €4.7m | €4.7m | ▼ 1.4% |
| Turnover70 | €3.9m | €3.8m | €4.3m | €4.6m | €4.6m | ▲ 0.4% |
| Other operating income74 | €45,108 | €31,922 | €91,702 | €81,736 | €35,059 | ▼ 57.1% |
| Non-recurring operating income76A | - | €18,000 | €13,000 | €36,986 | €0 | ▼ 100% |
| Operating charges60/66A | €1.6m | €1.7m | €1.9m | €1.9m | €2.0m | ▲ 2.8% |
| Goods for resale, raw materials and consumables60 | €32,543 | €8,691 | €30,322 | €0 | - | - |
| Purchases600/8 | €32,543 | €8,691 | €30,322 | €0 | - | - |
| Services and other goods61 | €611,008 | €616,088 | €634,720 | €708,865 | €761,273 | ▲ 7.4% |
| Remuneration, social security and pensions62 | €876,668 | €921,803 | €1.1m | €1.1m | €1.0m | ▼ 4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,783 | €95,880 | €115,056 | €117,756 | €111,607 | ▼ 5.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €55,449 | - |
| Other operating charges640/8 | €40,450 | €40,220 | €41,460 | €43,246 | €42,228 | ▼ 2.4% |
| Operating profit (loss)9901 | €2.3m | €2.2m | €2.5m | €2.8m | €2.7m | ▼ 4.3% |
| Financial income75/76B | €1,619 | €616 | €31,877 | €53,495 | €38,302 | ▼ 28.4% |
| Recurring financial income75 | €1,619 | €616 | €31,877 | €53,495 | €38,302 | ▼ 28.4% |
| Income from current assets751 | €0 | - | €30,812 | €52,418 | €37,230 | ▼ 29.0% |
| Other financial income752/9 | €1,619 | €616 | €1,065 | €1,077 | €1,073 | ▼ 0.4% |
| Financial charges65/66B | €399 | €20,150 | €10,262 | €517 | €362 | ▼ 30.0% |
| Recurring financial charges65 | €399 | €20,150 | €10,262 | €517 | €362 | ▼ 30.0% |
| Debt charges650 | - | €19,546 | €9,091 | €0 | - | - |
| Other financial charges652/9 | €399 | €603 | €1,170 | €517 | €362 | ▼ 30.0% |
| Profit (loss) for the period before taxes9903 | €2.3m | €2.2m | €2.5m | €2.9m | €2.7m | ▼ 4.7% |
| Transfer from deferred taxes780 | €17 | €0 | - | - | - | - |
| Income taxes67/77 | €597,701 | €540,744 | €635,858 | €696,552 | €662,412 | ▼ 4.9% |
| Taxes670/3 | €600,000 | €542,000 | €635,858 | €696,552 | €664,169 | ▼ 4.6% |
| Tax adjustments and reversals of tax provisions77 | €2,299 | €1,256 | €0 | - | €1,757 | - |
| Profit (loss) for the period9904 | €1.7m | €1.6m | €1.9m | €2.2m | €2.1m | ▼ 4.7% |
| Transfer from tax-exempt reserves789 | €52 | €0 | - | - | - | - |
| Transfer to tax-exempt reserves689 | - | €18,000 | €13,000 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.7m | €1.6m | €1.9m | €2.2m | €2.1m | ▼ 4.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €4.1m | €2.4m | €2.7m | €2.6m | ▼ 2.1% |
| Fixed assets21/28 | €387,042 | €291,026 | €357,361 | €294,586 | €182,979 | ▼ 37.9% |
| Tangible fixed assets22/27 | €386,127 | €290,246 | €356,661 | €294,021 | €182,414 | ▼ 38.0% |
| Furniture and vehicles24 | €386,127 | €290,246 | €356,661 | €294,021 | €182,414 | ▼ 38.0% |
| Financial fixed assets28 | €915 | €780 | €700 | €565 | €565 | = |
| Other financial fixed assets284/8 | €915 | €780 | €700 | €565 | €565 | = |
| Amounts receivable and cash guarantees285/8 | €915 | €780 | €700 | €565 | €565 | = |
| Current assets29/58 | €2.2m | €3.8m | €2.1m | €2.4m | €2.4m | ▲ 2.4% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1.1m | €533,043 | €435,617 | €401,621 | €226,325 | ▼ 43.6% |
| Trade receivables40 | €1.1m | €375,043 | €412,217 | €398,218 | €225,944 | ▼ 43.3% |
| Other amounts receivable41 | €0 | €158,000 | €23,400 | €3,403 | €381 | ▼ 88.8% |
| Current investments50/53 | - | €2.6m | €1.4m | €1.9m | €2.0m | ▲ 10.1% |
| Other investments51/53 | - | €2.6m | €1.4m | €1.9m | €2.0m | ▲ 10.1% |
| Cash at bank and in hand54/58 | €1.1m | €685,744 | €204,452 | €103,822 | €130,001 | ▲ 25.2% |
| Deferred charges and accrued income490/1 | €7,333 | €3,188 | €15,858 | €15,365 | €33,511 | ▲ 118% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €4.1m | €2.4m | €2.7m | €2.6m | ▼ 2.1% |
| Equity10/15 | €224,869 | €243,821 | €255,698 | €257,359 | €257,889 | ▲ 0.2% |
| Contributions10/11 | €63,000 | €63,000 | €63,000 | €63,000 | €63,000 | = |
| Capital10 | €63,000 | €63,000 | €63,000 | €63,000 | €63,000 | = |
| Issued capital100 | €63,000 | €63,000 | €63,000 | €63,000 | €63,000 | = |
| Reserves13 | €161,253 | €179,253 | €192,253 | €192,253 | €192,253 | = |
| Non-distributable reserves130/1 | €6,300 | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Legal reserve130 | €6,300 | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Tax-exempt reserves132 | €154,953 | €172,953 | €185,953 | €185,953 | €185,953 | = |
| Profit (loss) carried forward14 | €616 | €1,568 | €445 | €2,106 | €2,636 | ▲ 25.2% |
| Provisions and deferred taxes16 | €0 | - | - | - | €55,449 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €55,449 | - |
| Pensions and similar obligations160 | - | - | - | - | €55,449 | - |
| Deferred taxes168 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €2.4m | €3.9m | €2.2m | €2.4m | €2.3m | ▼ 4.6% |
| Amounts payable within one year42/48 | €2.3m | €3.8m | €2.2m | €2.4m | €2.3m | ▼ 5.5% |
| Trade debts44 | €160,484 | €35,956 | €53,110 | €42,786 | €57,648 | ▲ 34.7% |
| Suppliers440/4 | €160,484 | €35,956 | €53,110 | €42,786 | €57,648 | ▲ 34.7% |
| Taxes, remuneration and social security45 | €431,657 | €436,428 | €208,598 | €213,674 | €166,647 | ▼ 22.0% |
| Taxes450/3 | €315,763 | €302,078 | €71,478 | €105,292 | €61,497 | ▼ 41.6% |
| Remuneration and social security454/9 | €115,894 | €134,350 | €137,120 | €108,382 | €105,151 | ▼ 3.0% |
| Other amounts payable47/48 | €1.7m | €3.4m | €1.9m | €2.2m | €2.1m | ▼ 4.6% |
| Accrued charges and deferred income492/3 | €25,296 | €23,139 | €2,883 | €0 | €20,801 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.7m | €1.6m | €1.9m | €2.2m | €2.1m | ▼ 4.7% |
| + Depreciation and write-downs630 | €46,783 | €95,880 | €115,056 | €117,756 | €111,607 | ▼ 5.2% |
| Operating cash flow (approximation) | €1.8m | €1.7m | €2.0m | €2.3m | €2.2m | ▼ 4.7% |
| Investment in fixed assets (approximation) | - | €135 | -€181,391 | -€54,980 | €0 | ▲ 100% |
| Change in cash | - | -€445,261 | -€481,292 | -€100,630 | €26,178 | ▲ 126% |
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
05-06
State Gazette act
Appointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Jurgen Lelie · Statutes amendment5 facts ▸
State Gazette act
Appointment: VGD Bedrijfsrevisoren (statutory auditor)
Permanent representative: Jurgen Lelie · Statutes amendment5 facts ▸
- Statutes amendment, 23.1
- Statutes amendment, 33
- Auditor appointment, VGD Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Jurgen Lelie (permanent representative)
- Other statement, coördinatie van de statuten op te maken en neer te leggen, opdracht aan notaris
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €2.2m ▲13.2%
Operating result €2.8m, net result €2.2m, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €1.2m ▼22.1%
Net result drops to €1.2m, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
VGD Bedrijfsrevisoren
CurrentStatutory auditor · since 05-06-2026 · perm. rep.: Jurgen Lelie
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2000
Ground area
640 m²
Building footprint
233 m²
Volume, LiDAR
1,369 m³
Parcel 46028C1163/00L003, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Grote Kerkstraat 77, 9120 Beveren-Kruibeke-Zwijndrecht
since 20002.097.602.234
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46028C1163/00L003 | Flanders | 640 m² | 1 · 233 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.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| VGD Bedrijfsrevisoren |
|
Articles of association
Financial year
From 1 May to 30 April
Annual meeting
Second Wednesday of October at 16:00
Other provisions
Onmiddellijk na de gewone algemene vergadering te houden in 2028 die zich zal dienen uit te spreken over de goedkeuring van de jaarrekening voor het boekjaar af…
Structure & network
Owners and holdings
3 ownersOwners 3
-
33.33%
-
33.33%
-
33.33%
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 · 5 entries · 11,099 EUR awarded · 9,791 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,363 EUR | 3,054 EUR |
| 2024 | 1 | 3,692 EUR | 3,137 EUR |
| 2023 | 2 | 2,926 EUR | 2,482 EUR |
| 2022 | 1 | 1,118 EUR | 1,118 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.097.602.234
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Of 12,582 companies in sector 49410 we hold annual accounts for 8,205. 6,013 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
Founded30-06-2000
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
49320Non-scheduled passenger transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472246775
Registered
04-11-2025
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.