Active BE 1007.762.296Public limited company

Swissport Cargo Solutions

Rue Saint-Exupéry 9/4 ·4460 Grâce-Hollogne, Belgium· 2 yrs active

Sector: Diensten in verband met de luchtvaart (52230)

Conclusion Checked

The computed 12-month bankruptcy probability of Swissport Cargo Solutions is 2.1% (moderate). The 2024 annual accounts show equity of €396k and a net result of €196k. Its solvency ranks better than 35% of 105 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€396k
Net result	€196k
Staff (FTE)	5
Better than sector	35%

Financial profile 4 of 5 axes measured · computed by Checked

66 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 68

Profitability 100

Solvency 27

Growth -

Stability 67

Bankruptcy probability (12 mo) Checked model v1 · free

2.1% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Young company

Founded in 2024, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

68 / 100 Healthy

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 12-08-2025 with the NBB · fiscal year 2024 · volledig

Sector comparison

Fiscal year 2024 · NACE 52 · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	18.7%	27.0%	better than 35% of 105 sector peers
Net result	€196k	€35k	better than 65% of 105 sector peers
Equity	€396k	€440k	better than 48% of 105 sector peers
Gross operating margin	€619k	€226k	better than 75% of 56 sector peers
Staff costs	€245k	€705k	higher than 30% of 74 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	volledig
Revenue	-
EBITDA	€373k
Net profit	€196k
Cash flow	€201k
Staff costs	€245k
Income taxes	€174k
Dividends	-
Total assets	€2.12M
Equity	€396k
Debt	€1.72M
of which ≤ 1y	€1.72M
of which > 1y	-
Working capital	€262k
Employees (FTE)	5.0

Ratios (computed)

	2024
Current ratio	1.15
Quick ratio	1.15
Working capital ratio	12.4%
Solvency	18.7%
Debt / equity	4.35
Long-term debt ratio	-
Interest coverage	1332454.71
Gross margin	-
Net margin	-
ROA	9.2%
ROE	49.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €134k · 6.3% Current assets €1.99M · 93.7%

Equity & liabilities

Equity €396k · 18.7% Debt €1.72M · 81.3%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.12M
Fixed assets	21/28	€134k
Intangible fixed assets	21	€92k
Tangible fixed assets	22/27	€42k
Current assets	29/58	€1.99M
Amounts receivable within one year	40/41	€1.11M
Cash & bank	54/58	€872k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.12M
Equity	10/15	€396k
Contributions / capital	10/11	€200k
Reserves	13	€10k
Accumulated profits (losses)	14	€186k
Amounts payable	17/49	€1.72M
Amounts payable within one year	42/48	€1.72M
Trade debts payable within one year	44	€1.52M
Income statement
Gross operating margin	9900	€619k
Operating result	9901	€368k
Financial income	75	€2k
Financial charges	65	€0
Result before taxes	9903	€370k
Income taxes	67/77	€174k
Net result for the period	9904	€196k
Result to be appropriated	9905	€196k

Ratios computed by Checked.

Legal Structure

NACE primary	Diensten in verband met de luchtvaart(52230)
Legal form	Public limited company(014)
Incorporation	29-03-2024
Status	Active
Postal code	4460

Establishment units 1 location

Swissport Cargo Solutions

Rue Saint-Exupéry 9/4, 4460 Grâce-HollogneDiensten in verband met de luchtvaart

since 20242.358.107.810

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62016B0333/00A000	Wallonia	3.0 ha	1 · 6,299 m²	16.4 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

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

Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

12-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · volledig

14-02-2025

State Gazette act Director changes

24081244 · correction

2024

29-05-2024

State Gazette act Director changes

Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 1 year ago

2025

14-02-2025 Discharge granted to the board Director changescorrection

Summary: 24081244

Original publication ↗

Technical details

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2024

29-05-2024 11 directors appointed Director changes

Jeroen Giling, Dagelijks bestuur
Olivier Lemmens, Dagelijks bestuur
Wilfried Jans, Dagelijks bestuur
Dirk Dendauw, Dagelijks bestuur
Estelle Galluzzo, Dagelijks bestuur
Chris Van Olmen, Dagelijks bestuur
Rik Vlasschaert, Dagelijks bestuur
Jean-Louis Vandesompele, Dagelijks bestuur

Original publication ↗

Technical details

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      "reason": null,
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        "name": "Van Olmen \u0026 Wynant",
        "address": "1050 Bruxelles, Avenue Louise 221",
        "country": "BE",
        "legal_form": null
      },
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-05-29",
      "evidence_quote": "Le Conseil d\u0027Administration d\u00E9cide de donner une procuration sp\u00E9ciale \u00E0 Monsieur Chris Van Olmen et/ou Monsieur Rik Vlasschaert et/ou Monsieur Jean-Louis Vandesompele et/ou Madame Lore Molenaers",
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      },
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      "compensated": null,
      "effective_date": "2024-05-29",
      "evidence_quote": "Le Conseil d\u0027Administration d\u00E9cide de donner une procuration sp\u00E9ciale \u00E0 Monsieur Chris Van Olmen et/ou Monsieur Rik Vlasschaert et/ou Monsieur Jean-Louis Vandesompele et/ou Madame Lore Molenaers et/ou Madame Emma Van den Bergh",
      "decharge_status": null,
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      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "Jean-Louis Vandesompele",
        "address": null,
        "birth_date": null,
        "profession": "Mandataire sp\u00E9cial",
        "birth_place": null
      },
      "reason": null,
      "subkind": "additional",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-05-29",
      "evidence_quote": "Jean-Louis Vandesompele, Mandataire sp\u00E9cial",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
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  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-05-29",
    "filing_date": "2024-04-19",
    "act_kind_objet": "D\u00E9l\u00E9gation des pouvoirs de signature"
  },
  "decisions": [
    {
      "body": "conseil_d_administration",
      "date": "2024-04-19",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "1007.762.296",
    "name_full": "Swissport Cargo Solutions",
    "legal_form": "SA"
  },
  "publication_proxy": {
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    "person_name": "Jean-Louis Vandesompele",
    "org_rep_person_name": null,
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}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Diensten in verband met de luchtvaart52230Overige vrachtbehandeling, exclusief in zeehavens52249

Primary activity highlighted.

Names & trade names

Legal nameFR	Swissport Cargo Solutions
AbbreviationFR	SCS

Registered office

Rue Saint-Exupéry 9/4

4460 Grâce-Hollogne, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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