Equity
-€2.2m
Debts exceed assets in financial year 2025.
van Eupen Logistics Belgium
Lifetime
4 annual accounts with figures on one time axispeak €1.6m (2025)
€1.6m▲ 286%
lowest -€1.7m (2024)
-€115,570▲ €1.6m
peak -€218,602 (2022)
-€2.2m▼ €115,570
€2.3m▲ 172%
peak 17.6 FTE (2024)
3 FTE▼ 83.0%
Board3 names since 2021
1 directorEdgar VELAZQUEZ FERNANDEZ
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Gross margin from €405,501 to €1.6mLoss of €115,570Staff from 17.6 FTE to 3 FTEReappointment: DELOITTE BELGIUM (statutory auditor) 29-10Debts from €851,587 to €2.3mCash from €146,985 to €45,926
Key points
from the 2025 annual accountsLosses
-€2.2m in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€2.3m 3,042% of the balance sheet
Suppliers 20%Taxes and wages 4%Other 76%
Staff
3 FTE from 17.6 in 2024
Between 2024 and 2025, 83% of the full-time equivalents disappeared.
At the same address
124 companies
Position in the sector
-2941.9%
Lower solvency than 95% of companies in warehousing and transport support. Sector median 36.7% · 890 companies.
Net result +93%: other schema
Checked score
37
Weak
Financially stronger than 22% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.5%
01-2025: 5.5%● unchanged vs 12-2024
02-2025: 5.5%● unchanged vs 01-2025
03-2025: 5.4%▼ -0.1 percentage points vs 02-2025
04-2025: 6.0%▲ +0.6 percentage points vs 03-2025
05-2025: 6.5%▲ +0.5 percentage points vs 04-2025
06-2025: 6.4%▼ -0.1 percentage points vs 05-2025
07-2025: 6.7%▲ +0.3 percentage points vs 06-2025
08-2025: 7.2%▲ +0.5 percentage points vs 07-2025
09-2025: 7.2%● unchanged vs 08-2025
10-2025: 9.7%▲ +2.5 percentage points vs 09-2025highest value
11-2025: 7.3%▼ -2.4 percentage points vs 10-2025
12-2025: 7.3%● unchanged vs 11-2025
01-2026: 7.3%● unchanged vs 12-2025
02-2026: 7.3%● unchanged vs 01-2026
03-2026: 7.1%▼ -0.2 percentage points vs 02-2026
04-2026: 7.8%▲ +0.7 percentage points vs 03-2026
05-2026: 5.2%▼ -2.6 percentage points vs 04-2026
06-2026: 5.3%▲ +0.1 percentage points vs 05-2026
07-2026: 5.3%● unchanged vs 06-2026
08-2026: 4.5%▼ -0.8 percentage points vs 07-2026lowest value
09-2026: 4.5%● unchanged vs 08-2026lowest value
10-2026: 4.5%● unchanged vs 09-2026lowest value
11-2026: 4.5%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Warehousing and support activities for transportation (NACE 52)
Negative equity -€2.2m
Loss of €115,570, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 0.03, cash €45,926, halved
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, micro). It does better than 4% of them on solvency, 48% on liquidity, 5% on profitability and 28% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as van Eupen Logistics Belgium has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of van Eupen Logistics Belgium itself: 4.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for van Eupen Logistics Belgium. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.03 (0.3 in 2024), below 1. Cash is 60.4% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€2.2m
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 · 4 filingsDeviation from the deadline
2025
on the day
2024
61 days late
2023
28 days early
2022
21 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 14 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 August (3 of the last 4 accounts filed within 38 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0777847750
Reappointment: DELOITTE BELGIUM (statutory auditor)
General meeting of 29-09-2025 · Gazette deed
New sole director
Edgar VELAZQUEZ FERNANDEZ appointed, Rüdiger König resigned · van Eupen Holding GmbH holds all the shares · General meeting of 06-06-2024 · Gazette deed
Registered office moved within Brussels
New registered office: avenue Louise 240 Boîte 14, 1050 Bruxelles · Previous registered office: rue des Colonies 11, 1000 Bruxelles · Board meeting of 2024-03 · Gazette deed
Comparable companies
same main activity, the nearest in size| Company | ||||
|---|---|---|---|---|
| van Eupen Logistics Belgium Ixelles | €76,038 | €1.6m | -2941.9% | 3 |
| Cassilon Antwerp | €290,911 | €2.5m | 12.8% | 1 |
| OSTWAY Brussels | €157,310 | €0.7m | 18.6% | - |
| PACKIMPEX BELGIUM Woluwe-Saint-Lambert | €423,387 | €0.4m | 46.9% | 3.5 |
| Ecolo Logistics Uccle | €229,608 | €0.2m | 77.0% | 2 |
| Trans Loog Schaerbeek | €208,109 | €0.6m | 33.7% | - |
| MSC GLOBAL SUPPLIES BELGIUM Etterbeek | €427,514 | €0.6m | 57.3% | 8.3 |
These companies have the same main activity as van Eupen Logistics Belgium: logistics services (NACE 52250). They are larger than van Eupen Logistics Belgium: total assets between €157,000 and €428,000, founded between 2019 and 2023.
Official details
Source: KBO- Status
- Active since 30-11-2021Normal situation
- Registered office
- 125 active companies are registered at this address10 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Logistics servicesNACE 52250
- Joint committees
- 111Metal, mechanical and electrical engineering
- 209White-collar workers in metal manufacturing · annual accounts 2022
- Establishment units
- 2.325.709.4141000 Brussels, since 30-11-2021
- 2.332.064.8921190 Forest, since 01-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-02-2026
Annual accounts 2025
- ≈ €2.7mestimated
- €76,038▼ 70.0%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on van Eupen Logistics Belgium
van Eupen Logistics Belgium files the abbreviated format. That format states no turnover. The gross margin rose from €682,161 in 2022 to €1.6m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about van Eupen Logistics Belgium
- What is the company number of van Eupen Logistics Belgium?
- The company number of van Eupen Logistics Belgium is 0777.847.750. The VAT number is the same number with BE in front: BE 0777.847.750.
- Where is van Eupen Logistics Belgium based?
- The registered office is at Louizalaan 240, 1050 Ixelles.Company details
- What does van Eupen Logistics Belgium do?
- According to the KBO register, the main activity is logistics services (NACE 52250).
- What is the legal form of van Eupen Logistics Belgium?
- van Eupen Logistics Belgium is a private limited company (BV).
- When was van Eupen Logistics Belgium founded?
- van Eupen Logistics Belgium was founded on 30-11-2021.
- Is van Eupen Logistics Belgium still active?
- Yes, van Eupen Logistics Belgium is an active enterprise in the KBO register.
- How many employees does van Eupen Logistics Belgium have?
- van Eupen Logistics Belgium had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does van Eupen Logistics Belgium fall under?
- In its 2022 annual accounts, van Eupen Logistics Belgium states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of van Eupen Logistics Belgium?
- The turnover in financial year 2025 is ≈ €2.7m. This figure is estimated from the gross margin of €1.6m and 1,585 comparable companies of the same size. It probably lies between €1.8m and €4.4m. It is a rough estimate.
- Is van Eupen Logistics Belgium profitable?
- In financial year 2025, van Eupen Logistics Belgium made a loss of €115,570.
- Where can I find the annual accounts of van Eupen Logistics Belgium?
- van Eupen Logistics Belgium filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of van Eupen Logistics Belgium due?
- van Eupen Logistics Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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