DOBLA LOGISTICS · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DOBLA LOGISTICS is 0.6% (low). The 2025 annual accounts show equity of €611k and a net result of €162k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 173 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Signals

1 signal · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 173 sector peers (2025).

View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

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.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	19-05-2026	73 d early	2026-00114256
31-12-2024	31-07-2025	27-06-2025	34 d early	2025-00219609
31-12-2023	31-07-2024	28-06-2024	33 d early	2024-00190132
31-12-2022	31-07-2023	29-06-2023	32 d early	2023-00185121
31-12-2021	31-07-2022	01-07-2022	30 d early	2022-20129340
31-12-2020	31-07-2021	24-06-2021	37 d early	2021-23700413
31-12-2019	31-07-2020	23-07-2020	8 d early	2020-33500173
31-12-2018	31-07-2019	04-07-2019	27 d early	2019-29100200
31-12-2017	31-07-2018	02-07-2018	29 d early	2018-28600029
31-12-2016	31-07-2017	29-06-2017	32 d early	2017-25600062

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2005, 21 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.6% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: healthy financial profile −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€61.36M+20.7%

EBIT margin2.9%+1.5pp

Net result€162k

Working capital€507k+14.3%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 19-05-2026 with the NBB · fiscal year 2025 · volledig

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~10.5%/year over 8 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 52 · compared across all schema types (micro, abbreviated and full combined)

Metric	This company	Sector median	Position in the sector
Solvency	1.6%	25.9%	better than 24% of 173 sector peers
Net result	€162k	€15k	better than 87% of 172 sector peers
Equity	€611k	€43k	better than 90% of 173 sector peers
Staff costs	€1.24M	€124k	higher than 85% of 77 sector peers
Employees (FTE)	18.5	7.2	better than 66% of 44 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P24

Stable position over 2020-2025 · n=173-650

Net result P87

Stable position over 2020-2025 · n=172-649

Equity P90

Improving position over 2020-2025 · n=173-650

Staff costs P85

Stable position over 2021-2025 · n=77-286

Describes the position versus peers, not a forecast.

Revenue

€61.36M

+20.7% 18-25

EBITDA

€1.84M

+150.0% 18-25

Net profit

€162k

- 18-25

Cash flow

€245k

- 18-25

Total assets

€37.63M

+33.8% 18-25

Equity

€611k

+36.1% 18-25

Working capital

€507k

+14.3% 18-25

Employees (FTE)

19

+10.1% 18-25

Show 14 other metrics

Staff costs

€1.24M

+15.4% 18-25

Income taxes

€319

- 18-25

Debt

€37.01M

+33.7% 18-25

Debt ≤ 1y

€36.58M

+33.8% 18-25

Debt > 1y

€0

-100.0% 18-25

Current ratio

1.01

-0.2% 18-25

Quick ratio

0.76

+2.9% 18-25

Solvency

1.6%

+1.7% 18-25

Debt / equity

60.57

-1.7% 18-25

ROE

26.5%

- 18-25

ROA

0.4%

- 18-25

Net margin

0.3%

- 18-25

EBITDA margin

3.0%

+107.1% 18-25

Interest coverage

1.98

+197.1% 18-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	volledig
Revenue	€61.36M
EBITDA	€1.84M
Net profit	€162k
Cash flow	€245k
Staff costs	€1.24M
Income taxes	€319
Dividends	-
Total assets	€37.63M
Equity	€611k
Debt	€37.01M
of which ≤ 1y	€36.58M
of which > 1y	-
Working capital	€507k
Employees (FTE)	18.5

Ratios (computed)

	2025
Current ratio	1.01
Quick ratio	0.76
Working capital ratio	1.3%
Solvency	1.6%
Debt / equity	60.57
Long-term debt ratio	-
Interest coverage	1.98
Gross margin	22.4%
Net margin	0.3%
ROA	0.4%
ROE	26.5%
EBITDA margin	3.0%
Days sales outstanding	99d
Days payable outstanding	141d
Inventory turnover	5.08
Days inventory (DSI)	72d

Balance-sheet composition 2025

Assets

Fixed assets €542k · 1.4% Current assets €37.08M · 98.6%

Equity & liabilities

Equity €611k · 1.6% Debt €37.01M · 98.4%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€37.63M
Fixed assets	21/28	€542k
Tangible fixed assets	22/27	€309k
Financial fixed assets	28	€233k
Current assets	29/58	€37.08M
Stocks & contracts in progress	3	€9.37M
Amounts receivable within one year	40/41	€25.95M
Cash & bank	54/58	€1.70M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€37.63M
Equity	10/15	€611k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€591k
Amounts payable	17/49	€37.01M
Amounts payable within one year	42/48	€36.58M
Trade debts payable within one year	44	€18.34M
Income statement
Turnover	70	€61.36M
Operating result	9901	€1.76M
Financial income	75	€0
Financial charges	65	€1.59M
Result before taxes	9903	€162k
Income taxes	67/77	€319
Net result for the period	9904	€162k
Result to be appropriated	9905	€162k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

68 / 100 Healthy

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

2 directors

8 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Current directors & mandates

Massimo Garavaglia
Manager
State Gazette act 22148246 (15-12-2022)

Current
01-09-2022 → present

Former directors (1)

Gianpaolo Perego
Manager
State Gazette act 22148246 (15-12-2022)

Former
- → 01-09-2022

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Opslag(52100)
Legal form	Private limited company(610)
Incorporation	08-06-2005
Status	Active
Postal code	2321

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

Riyadhstraat 21, 2321 Hoogstraten

Overige opslag

since 20052.147.542.485

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area6,012 m²

Buildings1

Building footprint4,848 m²

Volume (LiDAR)54,793 m³

Tallest building13.7 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)