TLT LOGISTICS

Active

Private limited companyfounded 20205 yrs activeEuropalaan 61, 3600 Genk, BelgiumKBO/BCE: BE 0760.494.945

The computed 12-month bankruptcy probability of TLT LOGISTICS is 2.4% (moderate). The 2024 annual accounts show negative equity (€-18k) and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 26056 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

21 / 100

Critical▲ +14 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-100

Solvency44▲+2

Growth34=

Stability94

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.97 against 0.9 in 2023), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-5.1%

Return on assets

3.4%

Age of the figures

20 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 26056 sector peers (2024).

NBB · sector comparison

Position among 26056 sector peers

Solvency

better than 21%

← weakest strongest →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-05-2026, 300 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

300 d late

2023

665 d late

2022

87 d late

2021

12 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€298k▲ 1.0%

2021 · €295k

2021: €295k

2021 → 2022

EBIT margin

4.1%▼ 0.5pp

2021 · 4.6%

2021: 4.6%

2021 → 2022

Net result

€12k

2023 · €-59k

2021: €13k 2022: €11k 2023: €-59k

2021 → 2024

Working capital

€-9k▲ 36.5%

2023 · €-15k

2021: €14k 2022: €69k 2023: €-15k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Turnover€295k-€298k▲ 1.0%

Equity€19k-€30k▲ 56.1%€-29k€-18k▲ 39.9%

Operating result€13k-€12k▼ 9.1%€-48k€27k

Net result€13k-€11k▼ 18.3%€-59k€12k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €27k after a loss of €48k in 2023, the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €348k

14.8%

85.2%

Fixed assets €51k▼ 25.4%

Current assets €296k▲ 127%

Key figures and ratios

2024 value · change against 2023

EBITDA

€44k▲

2023 · €-34k

Cash flow

€29k▲

2023 · €-46k

Solvency

-5.1%▲

2023 · -14.8%

Current ratio

0.97▲

2023 · 0.90

Quick ratio

0.82▲

2023 · 0.54

Debt / equity

-20.67▼

2023 · -7.78

ROE

-66.3%▼

2023 · 201.8%

ROA

3.4%▲

2023 · -29.8%

Interest coverage

4.86▲

2023 · -4.62

Debt

€365k▲

2023 · €228k

Debt ≤ 1 year

€306k▲

2023 · €145k

Debt > 1 year

€59k▼

2023 · €83k

Income taxes

€6k▲

2023 · €5k

Staff costs

€17▼

2023 · €48k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€199k€348k▲

Fixed assets21/28€69k€51k▼

Tangible fixed assets22/27€62k€45k▼

Furniture and vehicles24€4k-

Leasing and similar rights25€58k€45k▼

Financial fixed assets28€7k€7k=

Current assets29/58€130k€296k▲

Stocks and contracts in progress3€53k€47k▼

Stocks30/36€53k€47k▼

Amounts receivable within one year40/41€71k€247k▲

Trade receivables40€71k€247k▲

Other amounts receivable41-€193

Cash at bank and in hand54/58€6k€3k▼

Deferred charges and accrued income490/1€967€205▼

Equity and liabilities

Total equity and liabilities10/49€199k€348k▲

Equity10/15€-29k€-18k▲

Contributions10/11€6k€6k=

Profit (loss) carried forward14€-35k€-24k▲

Amounts payable17/49€228k€365k▲

Amounts payable after more than one year17€83k€59k▼

Financial debts170/4€83k€59k▼

Amounts payable within one year42/48€145k€306k▲

Current portion of amounts payable after more than one year42€30k€24k▼

Financial debts43-€65k

Credit institutions430/8-€65k

Trade debts44€67k€190k▲

Suppliers440/4€67k€190k▲

Taxes, remuneration and social security45€42k€17k▼

Taxes450/3€25k€1k▼

Remuneration and social security454/9€17k€16k▼

Other amounts payable47/48€7k€9k▲

Accrued charges and deferred income492/3€48€649▲

Income statement Code20232024

Remuneration, social security and pensions62€48k€17▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲

Other operating charges640/8€23k€2k▼

Gross operating margin9900€37k€47k▲

Operating profit (loss)9901€-48k€27k▲

Financial income75/76B€565€75▼

Recurring financial income75€565€75▼

Financial charges65/66B€7k€9k▲

Recurring financial charges65€7k€9k▲

Profit (loss) for the period before taxes9903€-54k€18k▲

Income taxes67/77€5k€6k▲

Profit (loss) for the period9904€-59k€12k▲

Profit (loss) for the period to be appropriated9905€-59k€12k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-35k€-24k▲

Profit (loss) brought forward from the previous period14P€24k€-35k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

2026

27-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 300 days late

27-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 665 days late

2024

31-12

Financial Back to profitnet €12k

Net result €12k after one loss-making year.

2023

31-12

Financial Weakest financial yearnet €-59k ▼651%

Net result drops to €-59k, the lowest in the series; recovery starts the following year.

26-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 87 days late

2022

31-12

Financial Liquidity doublescurrent ratio 2.99

Current ratio from 1.47 to 2.99.

12-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 12 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Genk · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Europalaan 613600 Genk

Ground area

1,982 m²

Building footprint

827 m²

Volume, LiDAR

15,376 m³

Parcel 71016I0600/00K002, Flanders · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

TLT

Europalaan 61, 3600 GenkRetail trade

since 20222.336.124.739

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71016I0600/00K002	Flanders	1,982 m²	1 · 827 m²	20.9 m · 6 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Genk2.336.124.739

1 permission

Toelating · Detailhandel · since 25-10-2022

Parcel delivery

Notified to the BIPT

since 08-05-2024

Similar companies · same sector, comparable size

Of 10,411 companies in sector 47110 we hold annual accounts for 5,787. 4,368 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded23-12-2020

Fiscal year end31-12

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47113Retail trade

47400Retail sale of information and communication equipment

47420Retail trade

53100Postal and courier activities

53200Other postal and courier activities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

E-mail:a.labid@hotmail.com

Enterprise

Phone:0484995631

Enterprise