T-LOGISTICS SERVICES
ActiveT-LOGISTICS SERVICES has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.46M and a net result of €86k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 862 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
94
/ 100
Excellent▼ -6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-24
Solvency100=
Growth35▼-17
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 9.68 against 7.12 in 2024), and 14.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 49
higher
← 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
85.1%
Return on assets
5%
Age of the figures
8 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
56 d early
2023
58 d early
2022
53 d early
2021
62 d early
2020
64 d early
2019
36 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€226k▲ 18.2%
2024 · €191k
2018: €973k
2019: €930k
2020: €699k
2021: €952k
2022: €1.05M
2023: €785k
2024: €191k
2018 → 2025
EBIT margin
50.4%▼ 373.3pp
2024 · 423.7%
2018: 17.7%
2019: 6.6%
2020: 12.4%
2021: 4.2%
2022: 3.6%
2023: -8.8%
2024: 423.7%
2018 → 2025
Net result
€86k▼ 86.2%
2024 · €621k
2018: €107k
2019: €30k
2020: €51k
2021: €10k
2022: €16k
2023: €-84k
2024: €621k
2018 → 2025
Working capital
€1.54M▲ 7.2%
2024 · €1.43M
2018: €583k
2019: €647k
2020: €745k
2021: €799k
2022: €825k
2023: €583k
2024: €1.43M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€952k-€1.05M▲ 10.3%€785k▼ 25.3%€191k▼ 75.7%€226k▲ 18.2%
Equity€821k-€837k▲ 2.0%€753k▼ 10.0%€1.37M▲ 82.5%€1.46M▲ 6.2%
Operating result€40k-€37k▼ 5.9%€-69k€809k€114k▼ 85.9%
Net result€10k-€16k▲ 67.2%€-84k€621k€86k▼ 86.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 86% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.72M
Equity
€1.46M▲ 6.2%
Provisions
€78k=
Debt
€177k▼ 29.9%
The debt ratio falls from 14.8% to 10.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€114k▼
2024 · €828k
Cash flow
€86k▼
2024 · €640k
Solvency
85.1%▲
2024 · 80.6%
Current ratio
9.68▲
2024 · 7.12
Quick ratio
9.68▲
2024 · 7.12
Debt / equity
0.12▼
2024 · 0.18
ROE
5.9%▼
2024 · 45.2%
ROA
5.0%▼
2024 · 36.4%
Interest coverage
21.76▼
2024 · 226.60
Debt
€177k▼
2024 · €253k
Debt ≤ 1 year
€177k▼
2024 · €234k
Income taxes
€31k▼
2024 · €119k
Staff costs
€-268▼
2024 · €14k
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€1.71M€1.72M▲
Fixed assets21/28€37k€0▼
Tangible fixed assets22/27€37k€0▼
Furniture and vehicles24€37k€0▼
Current assets29/58€1.67M€1.72M▲
Amounts receivable after more than one year29€634k€739k▲
Other amounts receivable291€634k€739k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€885k€768k▼
Trade receivables40€366k€266k▼
Other amounts receivable41€520k€503k▼
Cash at bank and in hand54/58€150k€208k▲
Equity and liabilities
Total equity and liabilities10/49€1.71M€1.72M▲
Equity10/15€1.37M€1.46M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€924k€1.40M▲
Non-distributable reserves130/1€33k€6k▼
Legal reserve130€33k€6k▼
Tax-exempt reserves132€233k€233k=
Distributable reserves133€658k€1.16M▲
Profit (loss) carried forward14€388k€0▼
Provisions and deferred taxes16€78k€78k=
Deferred taxes168€78k€78k=
Amounts payable17/49€253k€177k▼
Amounts payable within one year42/48€234k€177k▼
Trade debts44€98k€16k▼
Suppliers440/4€98k€16k▼
Taxes, remuneration and social security45€119k€161k▲
Taxes450/3€119k€161k▲
Remuneration and social security454/9€272€0▼
Other amounts payable47/48€18k€0▼
Accrued charges and deferred income492/3€19k€0▼
Income statement
Code20242025
Operating income70/76A€1.07M€237k▼
Turnover70€191k€226k▲
Other operating income74€16€0▼
Non-recurring operating income76A€881k€12k▼
Operating charges60/66A€263k€124k▼
Goods for resale, raw materials and consumables60€142k€100k▼
Purchases600/8€142k€100k▼
Services and other goods61€80k€20k▼
Remuneration, social security and pensions62€14k€-268▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€0▼
Other operating charges640/8€9k€3k▼
Operating profit (loss)9901€809k€114k▼
Financial income75/76B€12k€9k▼
Recurring financial income75€12k€9k▼
Income from current assets751€10k€9k▼
Other financial income752/9€2k€0▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Other financial charges652/9€4k€5k▲
Profit (loss) for the period before taxes9903€818k€117k▼
Transfer to deferred taxes680€78k€0▼
Income taxes67/77€119k€31k▼
Taxes670/3€119k€31k▼
Profit (loss) for the period9904€621k€86k▼
Transfer to tax-exempt reserves689€233k€0▼
Profit (loss) for the period to be appropriated9905€388k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€388k€474k▲
Profit (loss) brought forward from the previous period14P-€388k
Transfer from equity791/2€0-
From reserves792€0-
Transfer to equity691/2-€474k
To other reserves6921-€474k
Social balance
Average headcount (FTE)90870.10.0▼
The notes to these accounts (26 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €621k
Net result €621k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.37M ▲82.5%
Equity rises from €753k to €1.37M.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-84k ▼616%
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Dessel · 1 establishment unit since 1997
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.
Goormansdijk 682480 DesselGround area
1,508 m²
Building footprint
302 m²
Volume, LiDAR
2,562 m³
Parcel 13006E0394/00P000, Flanders · tallest building 11.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
T-LOGISTICS SERVICES
since 19972.081.781.336
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006E0394/00P000 | Flanders | 1,508 m² | 1 · 302 m² | 11.4 m · 4 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.
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Of 12,446 companies in sector 49410 we hold annual accounts for 8,087. 3,521 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-05-1997
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.