RR LOGISTICS
ActiveRR LOGISTICS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €436k and a net result of €132k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 1839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+28
Solvency77▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.12 against 2.4 in 2024; short-term debt: 29.5% and cash: 19.3% of total assets), and 48.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.9%
Return on assets
15.7%
Age of the figures
9 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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
13 d early
2023
27 d early
2022
7 d late
2021
67 d early
2020
72 d early
2019
35 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€436k▲ 43.5%
2024 · €304k
2018: €178k
2019: €196k
2020: €343k
2021: €343k
2022: €157k
2023: €228k
2024: €304k
2018 → 2025
Total assets
€841k▲ 5.9%
2024 · €794k
2018: €1.89M
2019: €1.81M
2020: €1.93M
2021: €2.18M
2022: €2.42M
2023: €971k
2024: €794k
2018 → 2025
Net result
€132k▲ 73.8%
2024 · €76k
2018: €69k
2019: €18k
2020: €146k
2021: €146k
2022: €463k
2023: €141k
2024: €76k
2018 → 2025
Working capital
€525k▲ 27.2%
2024 · €413k
2018: €-134k
2019: €-152k
2020: €-15k
2021: €-164k
2022: €983k
2023: €382k
2024: €413k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€343k-€157k▼ 54.4%€228k▲ 45.6%€304k▲ 33.4%€436k▲ 43.5%
Operating result€259k-€288k▲ 11.2%€220k▼ 23.5%€177k▼ 19.6%€116k▼ 34.2%
Net result€146k-€463k▲ 218%€141k▼ 69.5%€76k▼ 46.2%€132k▲ 73.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 34% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €841k
Fixed assets
€68k▼ 21.9%
Current assets
€773k▲ 9.3%
Equity and liabilities €841k
Equity
€436k▲ 43.5%
Debt
€405k▼ 17.4%
The debt ratio falls from 61.7% to 48.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€142k▼
2024 · €200k
Cash flow
€158k▲
2024 · €99k
Solvency
51.9%▲
2024 · 38.3%
Current ratio
3.12▲
2024 · 2.40
Quick ratio
3.12▲
2024 · 2.40
Debt / equity
0.93▼
2024 · 1.61
ROE
30.3%▲
2024 · 25.0%
ROA
15.7%▲
2024 · 9.6%
Interest coverage
5.86▲
2024 · 3.33
Debt
€405k▼
2024 · €490k
Debt ≤ 1 year
€248k▼
2024 · €294k
Debt > 1 year
€157k▼
2024 · €196k
Income taxes
€67k▲
2024 · €55k
Staff costs
€520k▼
2024 · €635k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€794k€841k▲
Fixed assets21/28€87k€68k▼
Tangible fixed assets22/27€63k€68k▲
Plant, machinery and equipment23€3k€6k▲
Furniture and vehicles24€17k€23k▲
Leasing and similar rights25-€11k
Other tangible fixed assets26€42k€27k▼
Financial fixed assets28€24k€0▼
Current assets29/58€708k€773k▲
Amounts receivable within one year40/41€232k€595k▲
Trade receivables40€135k€175k▲
Other amounts receivable41€97k€420k▲
Current investments50/53€436k€0▼
Cash at bank and in hand54/58€22k€162k▲
Deferred charges and accrued income490/1€18k€16k▼
Equity and liabilities
Total equity and liabilities10/49€794k€841k▲
Equity10/15€304k€436k▲
Contributions10/11€126k€126k=
Reserves13€178k€310k▲
Distributable reserves133€178k€310k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€490k€405k▼
Amounts payable after more than one year17€196k€157k▼
Financial debts170/4€196k€157k▼
Amounts payable within one year42/48€294k€248k▼
Current portion of amounts payable after more than one year42€53k€50k▼
Financial debts43€1k€2k▲
Credit institutions430/8€1k€2k▲
Trade debts44€119k€94k▼
Suppliers440/4€119k€94k▼
Taxes, remuneration and social security45€62k€102k▲
Taxes450/3€32k€59k▲
Remuneration and social security454/9€29k€43k▲
Other amounts payable47/48€60k€0▼
Income statement
Code20242025
Non-recurring operating income76A€3k€2k▼
Remuneration, social security and pensions62€635k€520k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€25k▲
Other operating charges640/8€35k€23k▼
Non-recurring operating charges66A€784€0▼
Gross operating margin9900€871k€685k▼
Operating profit (loss)9901€177k€116k▼
Financial income75/76B€14k€107k▲
Recurring financial income75€10k€107k▲
Non-recurring financial income76B€5k€0▼
Financial charges65/66B€60k€24k▼
Recurring financial charges65€60k€24k▼
Profit (loss) for the period before taxes9903€131k€199k▲
Income taxes67/77€55k€67k▲
Profit (loss) for the period9904€76k€132k▲
Profit (loss) for the period to be appropriated9905€76k€132k▲
Appropriation of the result
Profit (loss) to be appropriated9906€76k€132k▲
Transfer to equity691/2€76k€132k▲
To other reserves6921€76k€132k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908710.07.5▼
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €228k ▲45.6%
6 profitable years in a row build equity to €228k.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 7 days late
2022
31-12
Financial
Highest result since 2018net €463k ▲218%
Operating result €288k, net result €463k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.74
Current ratio from 0.78 to 1.74.
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €343k ▲74.5%
3 profitable years in a row build equity to €343k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €18k ▼73.6%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-12-2022
RR IMMO: Resigned as Director
15-12-2022
RUEBENS Paul: Resigned as Director
10-11-2011
Christel De Vos: Resigned as Manager
Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 2006
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.
Ambachtenlaan 49990 MaldegemGround area
3,304 m²
Building footprint
1,554 m²
Volume, LiDAR
3,295 m³
Parcel 43001H0451/00L003, Flanders · tallest building 17.7 m. Linked by address, not a title deed.
1 establishment unit
WS Logistics
since 20062.150.752.096
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43001H0451/00L003 | Flanders | 3,304 m² | 1 · 1,554 m² | 17.7 m |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Similar companies · same sector, comparable size
CARGOBEL LOGISTICS
BE 0877.546.132
Nazareth-De Pinte · Eq €436k
TRANSPORT DEMYTTENAERE & CO
BE 0407.264.792
Roeselare · Eq €437k
TRANSPORT VANHEE H. & P.
BE 0439.092.868
Diksmuide · Eq €437k
KAAN GROUP
BE 0707.606.189
Schaarbeek · Eq €436k
J. Verbraeken en Zonen
BE 0400.065.909
Merelbeke-Melle · Eq €436k
Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 5,404 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2005
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
49420Removal services
60241
68121Development of residential building projects
46150Agents in the wholesale of furniture, household goods and hardware
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
51150
51160
52100Warehousing and storage
52210Service activities incidental to land transportation
63122
70111
74855
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:wim@rrinterieur.be
Phone:050/720.110