ZELCO LOGISTIQUE
ActiveZELCO LOGISTIQUE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98k and a net result of €7k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 383 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-48
Solvency100▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 5.58 against 2.75 in 2024; short-term debt: 17.9% and cash: 17.6% of total assets), and 17.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Sector 94
lower
← fewer bankruptcies
more bankruptcies →
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
82.1%
Return on assets
5.7%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-01-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
3 d early
2023
8 d early
2022
7 d early
2021
3 d early
2020
6 d early
2019
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€98k▲ 7.4%
2024 · €91k
2019: €38k
2020: €40k
2021: €43k
2022: €50k
2023: €50k
2024: €91k
2019 → 2025
Total assets
€119k▼ 16.6%
2024 · €143k
2019: €90k
2020: €92k
2021: €87k
2022: €56k
2023: €67k
2024: €143k
2019 → 2025
Net result
€7k▼ 83.6%
2024 · €41k
2019: €5k
2020: €2k
2021: €3k
2022: €6k
2023: €447
2024: €41k
2019 → 2025
Working capital
€98k▲ 7.4%
2024 · €91k
2019: €38k
2020: €40k
2021: €43k
2022: €49k
2023: €50k
2024: €91k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€50k▲ 14.9%€50k▲ 0.9%€91k▲ 82.2%€98k▲ 7.4%
Operating result€3k-€6k▲ 80.3%€647▼ 89.4%€54k▲ 8,291%€10k▼ 82.4%
Net result€3k-€6k▲ 105%€447▼ 93.1%€41k▲ 9,117%€7k▼ 83.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 82% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€450=
Current assets
€119k▼ 16.7%
Equity and liabilities €119k
Equity
€98k▲ 7.4%
Debt
€21k▼ 58.9%
The debt ratio falls from 36.2% to 17.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
82.1%▲
2024 · 63.8%
Current ratio
5.58▲
2024 · 2.75
Quick ratio
4.94▲
2024 · 1.99
Debt / equity
0.22▼
2024 · 0.57
ROE
6.9%▼
2024 · 45.1%
ROA
5.7%▼
2024 · 28.8%
Debt
€21k▼
2024 · €52k
Debt ≤ 1 year
€21k▼
2024 · €52k
Income taxes
€3k▼
2024 · €13k
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€143k€119k▼
Fixed assets21/28€450€450=
Financial fixed assets28€450€450=
Current assets29/58€143k€119k▼
Stocks and contracts in progress3€40k€14k▼
Stocks30/36€40k€14k▼
Amounts receivable within one year40/41€96k€84k▼
Trade receivables40€96k€84k▼
Cash at bank and in hand54/58€7k€21k▲
Deferred charges and accrued income490/1€814€454▼
Equity and liabilities
Total equity and liabilities10/49€143k€119k▼
Equity10/15€91k€98k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2k€3k▲
Non-distributable reserves130/1€2k€3k▲
Legal reserve130€2k€3k▲
Profit (loss) carried forward14€27k€33k▲
Amounts payable17/49€52k€21k▼
Amounts payable within one year42/48€52k€21k▼
Trade debts44€6k€1k▼
Suppliers440/4€6k€1k▼
Taxes, remuneration and social security45€21k€9k▼
Taxes450/3€21k€9k▼
Other amounts payable47/48€25k€11k▼
Income statement
Code20242025
Other operating charges640/8-€110
Gross operating margin9900€54k€10k▼
Operating profit (loss)9901€54k€10k▼
Financial charges65/66B€259€219▼
Recurring financial charges65€259€219▼
Profit (loss) for the period before taxes9903€54k€9k▼
Income taxes67/77€13k€3k▼
Profit (loss) for the period9904€41k€7k▼
Profit (loss) for the period to be appropriated9905€41k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€34k▲
Profit (loss) brought forward from the previous period14P€-12k€27k▲
Transfer to equity691/2€2k€675▼
To the legal reserve6920€2k€675▼
The notes to these accounts (3 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
23-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity doublescurrent ratio 5.58
Current ratio from 2.75 to 5.58; short-term debt falls from €52k to €21k.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €41k ▲9117%
Operating result €54k, net result €41k, both a record.
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €447 ▼93.1%
Net result drops to €447, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity quadruplescurrent ratio 8.41
Current ratio from 1.98 to 8.41; short-term debt falls from €44k to €7k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
04-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Grâce-Hollogne · 1 establishment unit since 2013
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.
Aéroport de Liège B524460 Grâce-Hollogne1 establishment unit
ZELCO LOGISTIQUE
since 20132.217.804.931
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Of 1,008 companies in sector 94120 we hold annual accounts for 350. 192 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-03-2013
Fiscal year end30-06
Activities, NACEBEL
94120Activities of professional membership organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filings
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.