TAILORMADE LOGISTICS
ActiveSummary
The computed 12-month bankruptcy probability of TAILORMADE LOGISTICS is 1.9% (moderate). The 2024 annual accounts show equity of €12.9m and a net result of €248,551. Equity is shrinking by ~2.7% per year across the filed fiscal years. The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
History
On 17 June 1996, TAILORMADE LOGISTICS was incorporated.1 The name was changed to Tailormade Logistics Group in 2026 and to Tailormade Logistics in 2026.2 In 2026 the registered office moved to Gent.2 Of the 2 current board members, MALO Ventures NV has served longest, since 2026.3 Revenue went from EUR 47 million in 2019 to EUR 105 million in 2024 and headcount from 149 to 351 full-time equivalents.4
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Financials · fiscal year 2024, full schema, statutory accounts
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
- 2021 Net result -95% on 2020. The previous fiscal year ran 18 months, this one 12.
- 2020 Turnover +56%, Net result +5,144% on 2019. This fiscal year ran 18 months.
Peer companies
Historical observationOf the 168 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 98% are still going.
- Large
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 168 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €99.7m | €128.0m | €139.0m | €128.9m | ▼ 7.3% |
| Turnover70 | €73.7m | €94.7m | €116.6m | €122.3m | €105.0m | ▼ 14.1% |
| Other operating income74 | - | €5.0m | €11.3m | €16.7m | €12.9m | ▼ 22.8% |
| Non-recurring operating income76A | - | €1,024 | €0 | €1,142 | €11.0m | ▲ 959,963% |
| Operating charges60/66A | - | €101.7m | €130.7m | €143.6m | €126.9m | ▼ 11.6% |
| Goods for resale, raw materials and consumables60 | - | €59.0m | €78.5m | €81.7m | €69.0m | ▼ 15.6% |
| Purchases600/8 | - | €59.0m | €78.4m | €81.7m | €68.9m | ▼ 15.6% |
| Change in stocks: decrease (increase)609 | - | -€43,021 | €27,724 | €21,172 | €15,135 | ▼ 28.5% |
| Services and other goods61 | - | €21.8m | €27.4m | €33.0m | €30.4m | ▼ 7.7% |
| Remuneration, social security and pensions62 | - | €16.7m | €20.2m | €22.6m | €19.4m | ▼ 14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2.0m | €3.6m | €4.2m | €4.5m | €4.5m | ▲ 0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €107,742 | -€173,062 | €238,463 | -€47,216 | ▼ 120% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€14,618 | -€7,000 | €0 | - | - |
| Other operating charges640/8 | - | €335,431 | €338,309 | €599,420 | €768,416 | ▲ 28.2% |
| Non-recurring operating charges66A | - | €168,456 | €238,847 | €1.1m | €2.9m | ▲ 174% |
| Operating profit (loss)9901 | €3.4m | -€2.0m | -€2.7m | -€4.6m | €2.0m | ▲ 143% |
| Financial income75/76B | - | €3.6m | €2.3m | €1.7m | €412,785 | ▼ 75.0% |
| Recurring financial income75 | €12.6m | €3.6m | €2.3m | €1.7m | €412,785 | ▼ 75.0% |
| Income from financial fixed assets750 | - | €3.5m | €2.2m | €1.5m | €155,502 | ▼ 89.3% |
| Income from current assets751 | - | €74,310 | €4,572 | €15,294 | €137,774 | ▲ 801% |
| Other financial income752/9 | - | €42,909 | €100,951 | €185,063 | €119,510 | ▼ 35.4% |
| Financial charges65/66B | - | €922,634 | €1.1m | €2.0m | €2.1m | ▲ 0.8% |
| Recurring financial charges65 | €1.6m | €922,634 | €1.1m | €2.0m | €2.1m | ▲ 0.8% |
| Debt charges650 | €1.3m | €705,287 | €743,089 | €1.4m | €1.3m | ▼ 2.8% |
| Other financial charges652/9 | - | €217,347 | €342,645 | €674,372 | €728,193 | ▲ 8.0% |
| Profit (loss) for the period before taxes9903 | €14.4m | €663,982 | -€1.5m | -€5.0m | €328,377 | ▲ 107% |
| Income taxes67/77 | €733,618 | €4,955 | €12,252 | €16,497 | €79,826 | ▲ 384% |
| Taxes670/3 | - | €12,262 | €12,252 | €16,497 | €79,826 | ▲ 384% |
| Tax adjustments and reversals of tax provisions77 | - | €7,307 | €0 | - | - | - |
| Profit (loss) for the period9904 | €13.6m | €659,027 | -€1.5m | -€5.0m | €248,551 | ▲ 105% |
| Transfer from tax-exempt reserves789 | - | €8,034 | €8,029 | €8,029 | €1,583 | ▼ 80.3% |
| Transfer to tax-exempt reserves689 | - | €400,987 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €13.6m | €266,074 | -€1.5m | -€5.0m | €250,134 | ▲ 105% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64.9m | €71.3m | €76.9m | €82.7m | €76.1m | ▼ 8.0% |
| Formation expenses20 | - | - | - | - | €725,931 | - |
| Fixed assets21/28 | €46.2m | €43.8m | €44.9m | €52.5m | €45.0m | ▼ 14.4% |
| Intangible fixed assets21 | €150,558 | €13.4m | €11.9m | €10.7m | €9.4m | ▼ 12.3% |
| Tangible fixed assets22/27 | €8.9m | €12.0m | €14.4m | €14.9m | €8.6m | ▼ 42.2% |
| Land and buildings22 | - | €17,709 | €13,750 | €35,587 | €25,696 | ▼ 27.8% |
| Plant, machinery and equipment23 | - | €249,462 | €772,904 | €870,778 | €760,925 | ▼ 12.6% |
| Furniture and vehicles24 | - | €802,149 | €772,924 | €859,630 | €768,466 | ▼ 10.6% |
| Leasing and similar rights25 | - | €9.7m | €12.2m | €10.8m | €5.3m | ▼ 50.9% |
| Other tangible fixed assets26 | - | €1.0m | €642,650 | €1.2m | €1.4m | ▲ 14.0% |
| Assets under construction and advance payments27 | - | €237,996 | €0 | €1.0m | €323,172 | ▼ 68.8% |
| Financial fixed assets28 | €37.2m | €18.5m | €18.5m | €26.9m | €27.0m | ▲ 0.1% |
| Affiliated companies280/1 | - | €18.4m | €18.5m | €26.9m | €27.0m | ▲ 0.2% |
| Participating interests280 | - | €18.4m | €18.5m | €26.9m | €27.0m | ▲ 0.2% |
| Other financial fixed assets284/8 | - | €44,849 | €45,971 | €37,030 | €30,909 | ▼ 16.5% |
| Amounts receivable and cash guarantees285/8 | - | €44,849 | €45,971 | €37,030 | €30,909 | ▼ 16.5% |
| Current assets29/58 | €18.7m | €27.5m | €32.0m | €30.2m | €30.4m | ▲ 0.8% |
| Stocks and contracts in progress3 | €168,141 | €211,162 | €183,438 | €162,266 | €147,131 | ▼ 9.3% |
| Stocks30/36 | - | €211,162 | €183,438 | €162,266 | €147,131 | ▼ 9.3% |
| Raw materials and consumables30/31 | - | €31,605 | €32,403 | €32,403 | €32,403 | = |
| Goods purchased for resale34 | - | €179,557 | €151,035 | €129,863 | €114,728 | ▼ 11.7% |
| Amounts receivable within one year40/41 | €16.7m | €24.3m | €30.5m | €28.5m | €26.9m | ▼ 5.6% |
| Trade receivables40 | - | €19.8m | €29.0m | €23.9m | €7.9m | ▼ 66.8% |
| Other amounts receivable41 | - | €4.5m | €1.5m | €4.6m | €18.9m | ▲ 313% |
| Current investments50/53 | - | - | - | - | €1.2m | - |
| Other investments51/53 | - | - | - | - | €1.2m | - |
| Cash at bank and in hand54/58 | €1.8m | €2.9m | €837,782 | €128,668 | €274,466 | ▲ 113% |
| Deferred charges and accrued income490/1 | - | €50,541 | €448,237 | €1.4m | €1.9m | ▲ 34.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64.9m | €71.3m | €76.9m | €82.7m | €76.1m | ▼ 8.0% |
| Equity10/15 | €18.6m | €19.2m | €17.7m | €12.7m | €12.9m | ▲ 2.0% |
| Contributions10/11 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Capital10 | - | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Issued capital100 | - | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Revaluation surpluses12 | - | €220,000 | €220,000 | €220,000 | €220,000 | = |
| Reserves13 | €407,027 | €579,980 | €571,951 | €563,921 | €562,338 | ▼ 0.3% |
| Non-distributable reserves130/1 | - | €170,547 | €170,547 | €170,547 | €170,547 | = |
| Legal reserve130 | - | €170,547 | €170,547 | €170,547 | €170,547 | = |
| Tax-exempt reserves132 | - | €394,433 | €386,404 | €378,374 | €376,791 | ▼ 0.4% |
| Distributable reserves133 | - | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | €16.5m | €16.7m | €15.2m | €10.2m | €10.5m | ▲ 2.5% |
| Provisions and deferred taxes16 | €44,561 | €7,000 | €0 | - | - | - |
| Provisions for liabilities and charges160/5 | - | €7,000 | €0 | - | - | - |
| Other liabilities and charges164/5 | - | €7,000 | €0 | - | - | - |
| Amounts payable17/49 | €46.2m | €52.0m | €59.2m | €70.0m | €63.2m | ▼ 9.8% |
| Amounts payable after more than one year17 | €26.0m | €23.9m | €22.1m | €19.0m | €7.3m | ▼ 61.8% |
| Financial debts170/4 | - | €23.9m | €22.1m | €19.0m | €7.3m | ▼ 61.8% |
| Leasing and similar obligations172 | - | €6.6m | €8.1m | €6.1m | €3.0m | ▼ 50.3% |
| Credit institutions173 | - | €15.3m | €12.0m | €9.4m | €712,246 | ▼ 92.4% |
| Other loans174 | - | €2.0m | €2.0m | €3.5m | €3.5m | = |
| Amounts payable within one year42/48 | €20.2m | €28.0m | €36.9m | €50.7m | €55.4m | ▲ 9.1% |
| Current portion of amounts payable after more than one year42 | - | €5.2m | €6.0m | €10.2m | €10.5m | ▲ 2.5% |
| Financial debts43 | - | - | €5.4m | €11.4m | €208,333 | ▼ 98.2% |
| Credit institutions430/8 | - | - | €5.4m | €11.4m | €208,333 | ▼ 98.2% |
| Trade debts44 | €7.7m | €15.8m | €20.2m | €22.7m | €21.5m | ▼ 5.4% |
| Suppliers440/4 | - | €15.8m | €20.2m | €22.7m | €21.5m | ▼ 5.4% |
| Advances received on contracts in progress46 | - | €22,384 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €3.0m | €3.5m | €3.5m | €2.2m | ▼ 35.6% |
| Taxes450/3 | - | €552,080 | €1.0m | €560,727 | €354,506 | ▼ 36.8% |
| Remuneration and social security454/9 | - | €2.4m | €2.5m | €2.9m | €1.9m | ▼ 35.4% |
| Other amounts payable47/48 | - | €4.1m | €1.8m | €3.0m | €21.0m | ▲ 602% |
| Accrued charges and deferred income492/3 | - | €107,781 | €151,031 | €251,835 | €532,089 | ▲ 111% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13.6m | €659,027 | -€1.5m | -€5.0m | €248,551 | ▲ 105% |
| + Depreciation and write-downs630 | €2.0m | €3.6m | €4.2m | €4.5m | €4.5m | ▲ 0.2% |
| Operating cash flow (approximation) | €15.7m | €4.3m | €2.7m | -€551,459 | €4.7m | ▲ 959% |
| Investment in fixed assets (approximation) | - | -€1.3m | -€5.3m | -€12.1m | €3.1m | ▲ 125% |
| Change in cash | - | €1.1m | -€2.1m | -€709,113 | €145,798 | ▲ 121% |
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
19-08
State Gazette act
Resignation: Argus Consult BV (director)Permanent representatives: Bert Vandecaveye and Kelly De Dijcker · Appointments: Pieter Balcaen (managing director) and Malo Ventures NV (managing director) · Power of attorney12 facts ▸
- General meeting, 11-08-2026
- Director resignation, Argus Consult BV (director)
- Permanent representative, Bert Vandecaveye (permanent representative)
- Power of attorney, Argus Consult BV
- Director discharge, Argus Consult BV
- Board composition, Malo Ventures NV (class A director)
- Board composition, Pieter Balcaen (class B director)
- Permanent representative, Kelly De Dijcker (permanent representative)
- Board meeting, 11-08-2026
- Power of attorney, Argus Consult BV
- Director appointment, Pieter Balcaen (managing director)
- Director appointment, Malo Ventures NV (managing director)
19-06
State Gazette act
Permanent representative: Monika LenaertsTransfer of a branch of activity or universality · Shareholding · Accounting effect28 facts ▸
- Transfer of a branch of activity or universality, Bedrijfstak
- Board meeting, 16-06-2026
- Board meeting, 16-06-2026
- Other statement, voorafgaande ontbinding en vereffening, ontbinding en vereffening in één akte
- Shareholding, 100% van de aandelen, na Ontbinding en Vereffening
- Other statement, goedkeurings- en neerleggingsprocedure inbreng Bedrijfstak, ten minste zes (6) weken vóór buitengewone algemene vergadering
- Other statement, kennis verplichtingen, vertegenwoordigers van de Vennootschappen
- Other statement, belangrijkste operationele vennootschap binnen TML groep, huidige activiteiten en positie
- Other statement, beperken activiteiten tot actieve holding en vereenvoudigen juridische structuur TML groep, houdstermaatschappij (direct en indirect) van overige Belgische en b…
- Other statement, omvang ingebrachte Bedrijfstak, Verkrijgende Vennootschap kan werking autonoom en zelfstandig verderzetten
- Transfer of a branch of activity or universality, branch of activity, activa en passiva gedetailleerd in Bijlage 1 gehecht aan voorstel
- Transfer of a branch of activity or universality, 32bis, branch of activity
- +16 further facts in this act
Show earlier events
About the unread acts
Of the 28 Belgian State Gazette acts we know for this company, 3 have been read. The other 25 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Day-to-day management 2
Permanent representatives 1
Not every act has been read: a resignation may be missing here
13 establishment units
Show 7 more locations
12 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73046A0629/00A000 | Flanders | 7.9 ha | 1 · 4.3 ha | 0.2 m |
| 44813A0394/00C000 | Flanders | 2.9 ha | 1 · 1.5 ha | 9.8 m |
| 13039F0360/00A000 | Flanders | 2.8 ha | 1 · 2.9 ha | 32.0 m · 4 fl. |
| 44813B0120/00F002 | Flanders | 2.4 ha | 1 · 1,473 m² | 7.0 m · 2 fl. |
| 44813B0016/00V003 | Flanders | 2.1 ha | 1 · 9,050 m² | 12.4 m · 4 fl. |
| 44813A0476/00A000 | Flanders | 2.1 ha | 1 · 1.3 ha | 17.4 m · 4 fl. |
| 44813A0164/02B000 | Flanders | 1.5 ha | 1 · 1,449 m² | 6.8 m |
| 36494D0115/00E003 | Flanders | 1.3 ha | 1 · 4,725 m² | 14.2 m · 3 fl. |
| 13462C1168/04_000 | Flanders | 6,390 m² | 1 · 693 m² | 10.1 m · 3 fl. |
| 11802B0064/00E002 | Flanders | 2,424 m² | 1 · 772 m² | 26.8 m · 7 fl. |
| 53030B0247/00S005 | Wallonia | 2,009 m² | - | - |
| 44019A1007/00_000 | Flanders | 1,780 m² | - | - |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| MALO Ventures NV |
|
| Pieter Balcaen |
|
| ARGUS CONSULT |
|
Articles of association
Full purpose (4 activities)
- Optreden als vervoerder enerzijds en als vervoerscommissionair anderzijds die tegen vergoeding de verbintenis aangaat transport,opslag,fysical distribution te verrichten en deze activiteiten in eigen naam of door derden te laten uitvoeren.
- Zij mag alle commerciële,industriële en financiële activiteiten en alle onroerend en roerend goed verhandelingen uitvoeren,die rechtstreeks of onrechtstreeks verband houden met haar voorwerp of deze activiteiten die haar zullen toelaten voordeel te halen voor haar ontwikkeling.
- De vennootschap zal de leiding,toezicht,in haar hoedanigheid van bestuurder,vereffenaar of anderszins,kunnen uitoefenen over,en advies verschaffen aan aanverwante ondernemingen en dochtervennootschappen.
- De vennootschap mag bij wijze van inbreng in speciën,of in natura,fusie,onderschrijving,deelneming,financiële tussenkomst of anderszins,belangen nemen in andere bestaande of op te richten vennootschappen of ondernemingen in België of in het buitenland waarvan het voorwerp verwant of analoog is met het hare of van aard haar voorwerp te bevorderen.
Structure & network
Owners and holdings
2 owners · 13 holdings · 16 subsidiaries in the treeChain of control
- Malo Ventures
- TAILORMADE LOGISTICS
Highest known parent: Malo Ventures. The sources do not say who stands above it.
Owners 2
- Malo Venturesparent75%
-
25%
Holdings 13
- E-Fulfillment ServicessubsidiarySourceown accounts 2025100%
-
100%
-
100%
- Tailormade Logistics Bulgaria LTDBGsubsidiarySourceown accounts 2025Equity BGN 314,427Result BGN 10,140100%
- Tailormade Logistics France en abrégé TML France SASFRsubsidiarySourceown accounts 2025Equity -€1.0mResult -€1.6m100%
-
100%
-
100%
- Tailormade Logistics Sweden ABSEsubsidiarySourceown accounts 2025Equity SEK 79,380Result -SEK 466,369100%
- Tailormade Logistics UK LtdGBsubsidiarySourceown accounts 2025Equity -GBP 668,300Result -GBP 791,336100%
-
100%
Show 3 more holdings
-
100%
-
30.92%
-
0.67%
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
100%
All subsidiaries, including indirect ones 16
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- E-Fulfillment Services 100%
GV LOGISTICS GROUP 100%3 subsidiaries
- Tailormade Logistics Westerlo 100%
Tailormade Warehouses 69.05%1 subsidiary
- GT Samazan 2024 SCIFR 100%
- Tailormade Customs 100%
- Tailormade Logistics Bulgaria LTDBG 100%
- Tailormade Logistics France en abrégé TML France SASFR 100%
- Tailormade Logistics Italy SRLIT 100%
- Tailormade Logistics Nederland BVNL 100%
- Tailormade Logistics Sweden ABSE 100%
- Tailormade Logistics UK LtdGB 100%
Tailormade Rental 100%2 subsidiaries
- TRANSCOT 100%
- Van Hove en Co 100%
- TML Luxembourg SRLLU 100%
According to the 2025 annual accounts of TAILORMADE LOGISTICS and those 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
2 connected companiesThe connected companies are in the list below.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 15 entries · 256,288 EUR awarded · 126,278 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 149,027 EUR | 19,182 EUR |
| 2024 | 3 | 32,159 EUR | 32,159 EUR |
| 2023 | 5 | 53,183 EUR | 54,010 EUR |
| 2022 | 3 | 21,919 EUR | 20,927 EUR |
Recognitions · licences · registrations
Food safety, FASFC
3 sitesQuality registration as a provider
1 live approvalDual-learning approval
24 live approvals · 21 endedShow 18 more
Show 21 ended approvals
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.