RHENUS INTERMODAL SYSTEMS

Active

Public limited companyfounded 1991active for 35 yearsRoderveldlaan 5, 2600 Antwerpen, Belgium12 active companies are registered at this addressKBO/BCE: BE 0445.459.632

From the official registers: KBO 34 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

RHENUS INTERMODAL SYSTEMS has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.8m and a net result of €401,595. Equity is growing by about 9.9% per year across the filed financial years. Its solvency ranks better than 55% of 861 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow Report Compare

RHENUS INTERMODAL SYSTEMSActiveChecked score 70/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 22-10-1991 Normal situation
Legal form: Public limited company
Registered office: Roderveldlaan 5, 2600 Antwerpen
Activity: Logistics services NACE 52250
Establishment unit: 2.055.152.064 2600 Antwerpen, since 28-11-1991
Financial year end: 31 December
Peppol: Reachable

Company details

Who decides

Board

VIAPORTManaging director · permanent representative Kristof Kenis
De Schutter RafDirector · since 15-06-2021
Dullaert ChristophDirector · since 15-06-2021

Auditor: RSM INTERAUDIT

Shareholders

RHENUS HOLDING BELGIUM100%annual accounts 2025
Rethmann Se & Co KGconsolidatesannual accounts 2025

Holdings: Shares in 1 company Rhenus Intermodal Systems TOO

Board & ownership

How it is doing

70 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.6%

Annual accounts 2025

Turnover: €69.5m; ▲ 21.4%
Profit: €401,595; ▼ 25.3%
Equity: €8.8m; ▲ 4.8%
Total assets: €20.7m; ▼ 12.1%
Staff: 23.2 FTE; ▼ 7.2%

2025 accounts 39 days early

Filed on 22-06-2026at the National Bank

Financials

Why 70raises risk1 change of registered office in 24 monthsLiquidity: current ratio 2.12, cash €117,136, halvedSector: Warehousing and support activities for transportation (NACE 52)lowers riskFounded in 1991Show the evidence

Checked score

Score 2025

70 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 46% of its sector peers (NACE 52, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 67+6

equity 42.3% of total assets

Liquidity 28-1

short-term debt 47.0% · cash 0.6%

Profitability 43+10

return on assets 1.9%

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (595 companies, NACE 52, small)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.3 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026highest value 07-2026: 0.6%▼ -0.1 percentage points vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026

Credit of up to €600,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.12, compared with 2.12 in 2024, above the usual 1.5; short-term debt: 47% and cash: 0.6% of total assets), but 57.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 60% on solvency, 25% on liquidity, 29% on profitability and 70% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

1 change of registered office in 24 months

Belgian Official Gazette

Liquidity: current ratio 2.12, cash €117,136, halved

NBB · annual accounts

Sector: Warehousing and support activities for transportation (NACE 52)

KBO

Founded in 1991

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

39 days early

2024

37 days early

2023

35 days early

2022

35 days early

2021

25 days early

2020

40 days early

2019

17 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days before the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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 26 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 6 profitable years in a rowprofit 2025: €401,595 6 years View
Branch transferred to Rhenus Assets IIcontribution on 06-03-2024 2024 View
Caution: Result fell in 2025from €537,402 to €401,595 ▼ 25.3% View

Documents

Key facts about RHENUS INTERMODAL SYSTEMS

What is the company number of RHENUS INTERMODAL SYSTEMS?: 0445.459.632. In Belgium the VAT number is the company number with BE in front: BE 0445.459.632.
Where is RHENUS INTERMODAL SYSTEMS based?: The registered office is at Roderveldlaan 5, 2600 Antwerpen.Company details
What does RHENUS INTERMODAL SYSTEMS do?: According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of RHENUS INTERMODAL SYSTEMS?: Public limited company (NV).
When was RHENUS INTERMODAL SYSTEMS founded?: On 22-10-1991.
Is RHENUS INTERMODAL SYSTEMS still active?: Yes, RHENUS INTERMODAL SYSTEMS is an active enterprise in the KBO register.
How many employees does RHENUS INTERMODAL SYSTEMS have?: On average 23.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RHENUS INTERMODAL SYSTEMS?: €69.5m in financial year 2025, according to the filed annual accounts.
Is RHENUS INTERMODAL SYSTEMS profitable?: In financial year 2025, RHENUS INTERMODAL SYSTEMS made a profit of €401,595.
Where can I find the annual accounts of RHENUS INTERMODAL SYSTEMS?: RHENUS INTERMODAL SYSTEMS filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of RHENUS INTERMODAL SYSTEMS due?: By 31-07-2027, for financial year 2026.Timeline

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Parent and group

RHENUS HOLDING BELGIUM100%

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Overview