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TAILORMADE LOGISTICS

Active
Public limited companyfounded 199630 yrs activeKorte Mate 5, 9042 Gent, BelgiumKBO/BCE: BE 0458.195.336
Summary

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.

Checked score

Score 2024
Axes · tick = 2023
Profitability55▲+41
Solvency42▲+2
Growth63▼-5
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €550,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.55 against 0.59 in 2023; short-term debt: 72.8% and cash: 0.4% of total assets), and 83% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
17%
Return on assets
0.3%
Age of the figures
21 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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
on the day
2024
1 d early
2023
on the day
2022
29 d late
2021
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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)
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 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

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

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 19-06-2026
  3. 3Belgian State Gazette, 19-08-2026
  4. 4National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, full schema, statutory accounts

Turnover
€105.0m▼ 14.1%
2023 · €122.3m
EBIT margin
1.9%▲ 5.7pp
2023 · -3.8%
Net result
€248,551
2023 · -€5.0m
Working capital
-€25.0m▼ 21.4%
2023 · -€20.6m
Trend over the years

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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€73.7m▲ 56.2%€94.7m▲ 28.5%€116.6m▲ 23.2%€122.3m▲ 4.9%€105.0m▼ 14.1%
Operating result€3.4m▲ 211%-€2.0m-€2.7m▼ 34.3%-€4.6m▼ 69.2%€2.0m
Net result€13.6mabove the sector's middle half▲ 5,144%€659,027within the sector's middle half▼ 95.2%-€1.5mbelow the sector's middle half-€5.0mbelow the sector's middle half▼ 236%€248,551within the sector's middle half
EBIT margin4.5%▲ 2.3pp-2.1%▼ 6.7pp-2.3%▼ 0.2pp-3.8%▼ 1.4pp1.9%▲ 5.7pp
Equity€18.6mabove the sector's middle half▲ 276%€19.2mabove the sector's middle half▲ 3.5%€17.7mabove the sector's middle half▼ 7.8%€12.7mabove the sector's middle half▼ 28.4%€12.9mabove the sector's middle half▲ 2.0%
Total assets€64.9mabove the sector's middle half=€71.3mabove the sector's middle half▲ 9.9%€76.9mabove the sector's middle half▲ 7.9%€82.7mabove the sector's middle half▲ 7.6%€76.1mabove the sector's middle half▼ 8.0%
Debt€46.2m▼ 22.8%€52.0m▲ 12.6%€59.2m▲ 13.7%€70.0m▲ 18.3%€63.2m▼ 9.8%
Working capital-€1.5mbelow the sector's middle half▲ 56.7%-€547,889below the sector's middle half▲ 63.5%-€4.9mbelow the sector's middle half▼ 797%-€20.6mbelow the sector's middle half▼ 319%-€25.0mbelow the sector's middle half▼ 21.4%
Solvency28.6%within the sector's middle half▲ 21.0pp27.0%within the sector's middle half▼ 1.7pp23.1%within the sector's middle half▼ 3.9pp15.4%within the sector's middle half▼ 7.7pp17.0%within the sector's middle half▲ 1.7pp
Current ratio0.93within the sector's middle half▲ 0.120.98within the sector's middle half▲ 0.050.87within the sector's middle half▼ 0.110.59below the sector's middle half▼ 0.270.55below the sector's middle half▼ 0.05
Return on assets (ROA)21.0%above the sector's middle half▲ 20.6pp0.9%within the sector's middle half▼ 20.1pp-1.9%below the sector's middle half▼ 2.9pp-6.1%below the sector's middle half▼ 4.1pp0.3%within the sector's middle half▲ 6.4pp
Staff (FTE)190.5above the sector's middle half▲ 27.8%291above the sector's middle half▲ 52.8%380above the sector's middle half▲ 30.6%407.9above the sector's middle half▲ 7.3%350.5above the sector's middle half▼ 14.1%
above within below 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.
Why a figure moved sharply
  • 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.
Result per fiscal year
Operating resultNet result
-€10.0m-€5.0m€0€5.0m€10.0m€15.0mOperating result 2020: €3.4m€3.4mNet result 2020: €13.6m€13.6mOperating result 2021: -€2.0m-€2.0mNet result 2021: €659,027€659,027Operating result 2022: -€2.7m-€2.7mNet result 2022: -€1.5m-€1.5mOperating result 2023: -€4.6m-€4.6mNet result 2023: -€5.0m-€5.0mOperating result 2024: €2.0m€2.0mNet result 2024: €248,551€248,55120202021202220232024-€6m-€4m-€2m€0€2mOperating result 2022: -€2.7m-€2.7mNet result 2022: -€1.5m-€1.5mOperating result 2023: -€4.6m-€4.6mNet result 2023: -€5.0m-€5mOperating result 2024: €2.0m€2mNet result 2024: €248,551€249,000202220232024
The operating result returns to profit in 2024: €2.0m after a loss of €4.6m in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €75.4m
Fixed assets €45.0m ▼ 14.4%
Current assets €30.4m ▲ 0.8%
Equity and liabilities €76.1m
Equity €12.9m ▲ 2.0%
Debt €63.2m ▼ 9.8%
Debt's share of the balance-sheet total falls from 84.6% to 83.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€6.5m▲
2023 · -€136,409
Cash flow
€4.7m▲
2023 · -€551,459
Quick ratio
0.55▼
2023 · 0.59
Debt to equity
4.88▼
2023 · 5.51
ROE
1.9%▲
2023 · -39.6%
Interest coverage
4.84▲
2023 · -0.10
Debt ≤ 1 year
€55.4m▲
2023 · €50.7m
Debt > 1 year
€7.3m▼
2023 · €19.0m
Income taxes
€79,826▲
2023 · €16,497
Staff costs
€19.4m▼
2023 · €22.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of 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
1.2% went bankrupt
0.6% stopped otherwise
98% still going

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%.

The companies in ten equal groups, from lowest to highest expected share.
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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 91 lines
Balance sheet Code20232024
Assets
Total assets20/58€82.7m€76.1m▼
Formation expenses20-€725,931
Fixed assets21/28€52.5m€45.0m▼
Intangible fixed assets21€10.7m€9.4m▼
Tangible fixed assets22/27€14.9m€8.6m▼
Land and buildings22€35,587€25,696▼
Plant, machinery and equipment23€870,778€760,925▼
Furniture and vehicles24€859,630€768,466▼
Leasing and similar rights25€10.8m€5.3m▼
Other tangible fixed assets26€1.2m€1.4m▲
Assets under construction and advance payments27€1.0m€323,172▼
Financial fixed assets28€26.9m€27.0m▲
Affiliated companies280/1€26.9m€27.0m▲
Participating interests280€26.9m€27.0m▲
Other financial fixed assets284/8€37,030€30,909▼
Amounts receivable and cash guarantees285/8€37,030€30,909▼
Current assets29/58€30.2m€30.4m▲
Stocks and contracts in progress3€162,266€147,131▼
Stocks30/36€162,266€147,131▼
Raw materials and consumables30/31€32,403€32,403=
Goods purchased for resale34€129,863€114,728▼
Amounts receivable within one year40/41€28.5m€26.9m▼
Trade receivables40€23.9m€7.9m▼
Other amounts receivable41€4.6m€18.9m▲
Current investments50/53-€1.2m
Other investments51/53-€1.2m
Cash at bank and in hand54/58€128,668€274,466▲
Deferred charges and accrued income490/1€1.4m€1.9m▲
Equity and liabilities
Total equity and liabilities10/49€82.7m€76.1m▼
Equity10/15€12.7m€12.9m▲
Contributions10/11€1.7m€1.7m=
Capital10€1.7m€1.7m=
Issued capital100€1.7m€1.7m=
Revaluation surpluses12€220,000€220,000=
Reserves13€563,921€562,338▼
Non-distributable reserves130/1€170,547€170,547=
Legal reserve130€170,547€170,547=
Tax-exempt reserves132€378,374€376,791▼
Distributable reserves133€15,000€15,000=
Profit (loss) carried forward14€10.2m€10.5m▲
Amounts payable17/49€70.0m€63.2m▼
Amounts payable after more than one year17€19.0m€7.3m▼
Financial debts170/4€19.0m€7.3m▼
Leasing and similar obligations172€6.1m€3.0m▼
Credit institutions173€9.4m€712,246▼
Other loans174€3.5m€3.5m=
Amounts payable within one year42/48€50.7m€55.4m▲
Current portion of amounts payable after more than one year42€10.2m€10.5m▲
Financial debts43€11.4m€208,333▼
Credit institutions430/8€11.4m€208,333▼
Trade debts44€22.7m€21.5m▼
Suppliers440/4€22.7m€21.5m▼
Taxes, remuneration and social security45€3.5m€2.2m▼
Taxes450/3€560,727€354,506▼
Remuneration and social security454/9€2.9m€1.9m▼
Other amounts payable47/48€3.0m€21.0m▲
Accrued charges and deferred income492/3€251,835€532,089▲
Income statement Code20232024
Operating income70/76A€139.0m€128.9m▼
Turnover70€122.3m€105.0m▼
Other operating income74€16.7m€12.9m▼
Non-recurring operating income76A€1,142€11.0m▲
Operating charges60/66A€143.6m€126.9m▼
Goods for resale, raw materials and consumables60€81.7m€69.0m▼
Purchases600/8€81.7m€68.9m▼
Change in stocks: decrease (increase)609€21,172€15,135▼
Services and other goods61€33.0m€30.4m▼
Remuneration, social security and pensions62€22.6m€19.4m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.5m€4.5m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€238,463-€47,216▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€599,420€768,416▲
Non-recurring operating charges66A€1.1m€2.9m▲
Operating profit (loss)9901-€4.6m€2.0m▲
Financial income75/76B€1.7m€412,785▼
Recurring financial income75€1.7m€412,785▼
Income from financial fixed assets750€1.5m€155,502▼
Income from current assets751€15,294€137,774▲
Other financial income752/9€185,063€119,510▼
Financial charges65/66B€2.0m€2.1m▲
Recurring financial charges65€2.0m€2.1m▲
Debt charges650€1.4m€1.3m▼
Other financial charges652/9€674,372€728,193▲
Profit (loss) for the period before taxes9903-€5.0m€328,377▲
Income taxes67/77€16,497€79,826▲
Taxes670/3€16,497€79,826▲
Profit (loss) for the period9904-€5.0m€248,551▲
Transfer from tax-exempt reserves789€8,029€1,583▼
Profit (loss) for the period to be appropriated9905-€5.0m€250,134▲
Appropriation of the result
Profit (loss) to be appropriated9906€10.2m€10.5m▲
Profit (loss) brought forward from the previous period14P€15.2m€10.2m▼
Social balance
Average headcount (FTE)9087407.9350.5▼

The notes to these accounts (140 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
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%
Line20202021202220232024Change
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%
Line20202021202220232024Change
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.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · unclassified schema
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)
31-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
19-06
State Gazette act Permanent representative: Monika Lenaerts
Transfer 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
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
30-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €248,551
Net result €248,551 after 2 loss-making years.
15-11
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
31-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet -€5.0m
Net result drops to -€5.0m, the lowest in the series; recovery starts the following year.
20-11
NBB filing Annual accounts filed
fiscal year 2022 · consolidated · 29 days late
29-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 29 days late
Show earlier events
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · consolidated
27-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2020
31-12
Financial Highest result since 2019net €13.6m ▲5,144%
Operating result €3.4m, net result €13.6m, both a record.
31-12
Financial Equity above €10mEq €18.6m ▲276%
2 profitable years in a row build equity to €18.6m.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
3 of 28 acts read
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 office holders, last change in 2026

Day-to-day management 2

MALO Ventures NV
Managing director · since 11-08-2026 · Legal entity · perm. rep.: Kelly De Dijcker
Current
Pieter Balcaen
Managing director · since 11-08-2026
Current

Permanent representatives 1

Kelly De Dijcker
Permanent representative · since 11-08-2026 · for MALO Ventures NV
Current
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 →
Not every act has been read: a resignation may be missing here
25 of this company's 28 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 13 establishment units since 1996
seat establishment approximate 12 of 13 establishment units on the map
Ground area
24.3 ha
Building footprint
11.8 ha
Volume, LiDAR
568,711 m³
12 parcels, Flanders, Wallonia · tallest building 32.0 m, ±7 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
13 establishment units
Tailormade Logistics Skalden
Skaldenstraat 60, 9042 GentNACE 6024102
since 19962.077.128.603
Tailormade Logistics Korte Mate - 1
Korte Mate 5, 9042 GentWaste collection, recovery and disposal activities
since 20102.196.206.494
Tailormade Logistics Aubange
Rue du Kiell - AUBANGE 62, 6790 AubangeWaste collection, recovery and disposal activities
since 20192.294.734.443
Tailormade Logistics Ghlin 2
Route de Wallonie (G.) 139, 7011 MonsWaste collection, recovery and disposal activities
since 20202.302.616.880
Tailormade Logistics Westerlo
Van Doornelaan 3, 2260 WesterloWaste collection, recovery and disposal activities
since 20202.307.026.026
Ghent Trailer Care
Hulsdonk 29, 9042 GentWaste collection, recovery and disposal activities
since 20212.312.745.660
Show 7 more locations
Tailormade Logistics Izegem
Noordkaai 10, 8870 IzegemWaste collection, recovery and disposal activities
since 20212.312.745.561
Tailormade Logistics Korte Mate - 2
Korte Mate 14 - 16, 9042 GentWaste collection, recovery and disposal activities
since 20212.315.962.991
Tailormade Logistics Antwerpen
Godefriduskaai 26, 2000 AntwerpenWaste collection, recovery and disposal activities
since 20212.317.605.558
Tailormade Logistics Tongeren
Mammoetstraat 2, 3700 Tongeren-BorgloonFreight transport by road
since 20232.340.506.070
Van Hove en Co
Eddastraat 31, 9042 GentFreight transport by road
since 20232.347.597.661
Tailormade Logistics Meerhout
Nikelaan 21, 2450 MeerhoutFreight transport by road
since 20232.345.778.120
Tailormade Logistics Evergem
Delori-Maeslaan Grote Nest, 9940 EvergemFreight transport by road
since 20232.345.778.021
12 parcels
Flanders 11 (91.7%) Wallonia 1 (8.3%)
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
ProtectedMonument · Townscape or village viewBouwblok met pakhuizenSource ↗
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
Good to know
12 of 12 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Mandate history

3 people since 2026, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
MALO Ventures NV
  • Managing director, from 11-08-2026 to date
Pieter Balcaen
  • Managing director, from 11-08-2026 to date
ARGUS CONSULT
  • Director, until 11-08-2026
See the board, name and seat on a given date →

Articles of association

Purpose
Optreden als vervoerder enerzijds en als vervoerscommissionair anderzijds die tegen vergoeding de verbintenis aangaat transport,opslag,fysical distribution te verrichten en deze…
Full purpose (4 activities)
  1. 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.
  2. 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.
  3. 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.
  4. 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.
Other statement
Neutralité fiscale et continuité comptable, article 46 paragraphe 1 CIR,article 117 paragraphe 2 enregistrement,Code fiscal flamand,articles 11 et 18 paragraphe…
4 more provisions on this in the deed

Structure & network

Part of the group Malo Ventures 13 companies Group, risk and exposure

Owners and holdings

2 owners · 13 holdings · 16 subsidiaries in the tree

Chain of control

  1. Malo Ventures 75%
  2. TAILORMADE LOGISTICS

Highest known parent: Malo Ventures. The sources do not say who stands above it.

Owners 2

Holdings 13

Show 3 more holdings
Stated earlier (1)

An older source named these holdings; newer accounts no longer list them.

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.

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 companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors

Public money · subsidies and aid

Flemish government

2022 to 2025 · 15 entries · 256,288 EUR awarded · 126,278 EUR paid
Year Entries awardedpaid
2025 4 149,027 EUR19,182 EUR
2024 3 32,159 EUR32,159 EUR
2023 5 53,183 EUR54,010 EUR
2022 3 21,919 EUR20,927 EUR
Schemes
1 entry · 129,780 EUR · Fonds voor Innoveren en Ondernemen
4 entries · 64,943 EUR · 64,878 EUR paid · Departement Werk en Sociale Economie
3 entries · 26,356 EUR · 26,356 EUR paid · Departement Werk en Sociale Economie
1 entry · 25,500 EUR · 25,500 EUR paid · Departement Mobiliteit en Openbare Werken
2 entries · 6,209 EUR · 6,044 EUR paid · Fonds voor Innoveren en Ondernemen
Show 2 more
2 entries · 2,000 EUR · 2,000 EUR paid · Departement Werk en Sociale Economie
2 entries · 1,500 EUR · 1,500 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

3 sites
Mons2.302.616.880
3 permissions
Opslag andere dan levensmiddelen · since 01-09-2022
Opslag diervoeders · since 01-09-2022
Opslag kamer t° levensmiddelen · since 01-03-2022
Evergem2.345.778.021
2 permissions
Opslag andere dan levensmiddelen · since 11-09-2025
Opslag van gewasbeschermingsmiddelen · since 21-03-2025
Gent2.077.128.603
1 permission
Toelating · Inrichting voor vervaardiging of herstelling hout ISPM 15 · since 27-06-2023

Quality registration as a provider

1 live approval
Quality registration as a provider
Toegekend · valid until 2026-10-11

Dual-learning approval

24 live approvals · 21 ended
Assistent (inter)nationaal goederenvervoer (vwo)
Goedgekeurd · 2023 to 2028
Assistent (inter)nationaal goederenvervoer duaal (so)
Goedgekeurd · 2023 to 2028
Bestuurder interne transportmiddelen duaal (so)
Goedgekeurd · 2026 to 2031
Bestuurder interne transportmiddelen duaal (so)
Goedgekeurd · 2024 to 2029
Bestuurder interne transportmiddelen duaal (so)
Goedgekeurd · 2026 to 2031
Bestuurder interne transportmiddelen (vwo)
Goedgekeurd · 2026 to 2031
Show 18 more
Bestuurder interne transportmiddelen (vwo)
Goedgekeurd · 2026 to 2031
Bestuurder interne transportmiddelen (vwo)
Goedgekeurd · 2026 to 2031
Heftruckchauffeur (vwo)
Goedgekeurd · 2026 to 2031
Heftruckchauffeur (vwo)
Goedgekeurd · 2026 to 2031
Heftruckchauffeur (vwo)
Goedgekeurd · 2026 to 2031
Logistiek assistent magazijn (vwo)
Goedgekeurd · 2023 to 2028
Logistiek assistent magazijn duaal (so)
Goedgekeurd · 2023 to 2028
Logistiek duaal (so)
Goedgekeurd · 2024 to 2029
Logistiek duaal (so)
Goedgekeurd · 2026 to 2031
Logistiek duaal (so)
Goedgekeurd · 2026 to 2031
Magazijnmedewerker (vwo)
Goedgekeurd · 2026 to 2031
Magazijnmedewerker (vwo)
Goedgekeurd · 2026 to 2031
Magazijnmedewerker (vwo)
Goedgekeurd · 2026 to 2031
Magazijnmedewerker duaal (so)
Goedgekeurd · 2026 to 2031
Magazijnmedewerker duaal (so)
Goedgekeurd · 2026 to 2031
Magazijnmedewerker duaal (so)
Goedgekeurd · 2026 to 2031
Reachtruckchauffeur (vwo)
Goedgekeurd · 2026 to 2031
Reachtruckchauffeur (vwo)
Goedgekeurd · 2026 to 2031
Show 21 ended approvals
Bestuurder interne transportmiddelen duaal (so)
ended · 2021 to 2026
Bestuurder interne transportmiddelen duaal (so)
ended · 2021 to 2026
Logistiek duaal (so)
ended · 2021 to 2026
Logistiek duaal (so)
ended · 2021 to 2026
Magazijnmedewerker (vwo)
ended · 2021 to 2026
Magazijnmedewerker (vwo)
ended · 2021 to 2026
Magazijnmedewerker (vwo)
ended · 2021 to 2026
Magazijnmedewerker duaal (so)
ended · 2021 to 2026
Magazijnmedewerker duaal (so)
ended · 2021 to 2026
Magazijnmedewerker duaal (so)
ended · 2021 to 2026
Bestuurder heftruck (so)
discontinued · 2021 to 2025
Bestuurder heftruck (so)
discontinued · 2024 to 2025
Bestuurder heftruck (so)
discontinued · 2021 to 2025
Bestuurder reachtruck (so)
discontinued · 2021 to 2025
Bestuurder reachtruck (so)
discontinued · 2021 to 2025
Magazijnmedewerker (so)
discontinued · 2021 to 2025
Magazijnmedewerker (so)
discontinued · 2020 to 2025
Magazijnmedewerker (so)
discontinued · 2021 to 2025
Bestuurder heftruck (so)
ended · 2019 to 2024
Bestuurder interne transportmiddelen duaal (so)
ended · 2019 to 2024
Logistiek duaal (so)
ended · 2019 to 2024

Legal Entity Identifier

875500I6CPQBSCMNIK02
live in the LEI register

Similar companies · same sector, comparable size

Of 3,187 companies in sector 52250 we hold annual accounts for 1,963. 583 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
Founded17-06-1996
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
52250Logistics services
49410Freight transport by road
70200Business and other management consultancy
77120Rental and leasing activities
Contact
E-mail sam.spranghers@laurius.beMeerhout
Phone +32 3 260 88 00Meerhout
E-invoicing
Reachable via Peppol
Peppol ID 0208:0458195336
Also 9925:BE0458195336
Registered 18-12-2025

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.