KATOEN NATIE GLOBAL FORWARDING
ActiveSummary
KATOEN NATIE GLOBAL FORWARDING has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-105k) and a net result of €19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability26▲+3
Solvency22=
Growth49▲+1
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.58 against 2.18 in 2024; short-term debt: 38.7% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Five 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 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 655 sector peers (2025).
NBB · sector comparisonPosition among 655 sector peers
Solvency
better than 9%
← weakest
strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
24 d early
2023
1 d early
2022
22 d late
2021
2 d late
2020
18 d late
2019
12 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€10.84M▲ 3.7%
2024 · €10.45M
2018: €11.30M
2019: €11.11M▼ -1.7% vs 2018
2020: €11.20M▲ +0.8% vs 2019
2021: €19.18M▲ +71.3% vs 2020highest in 8 years
2022: €18.13M▼ -5.5% vs 2021
2023: €9.43M▼ -48.0% vs 2022lowest in 8 years
2024: €10.45M▲ +10.8% vs 2023
2025: €10.84M▲ +3.7% vs 2024
2018 → 2025
EBIT margin
1.0%▲ 0.5pp
2024 · 0.6%
2018: 0.0%
2019: 0.0%▼ -360% vs 2018
2020: 0.1%▲ +396% vs 2019
2021: 0.0%▼ -125% vs 2020
2022: 0.3%▲ +1178% vs 2021
2023: -3.8%▼ -1370% vs 2022lowest in 8 years
2024: 0.6%▲ +115% vs 2023
2025: 1.0%▲ +77.1% vs 2024highest in 8 years
2018 → 2025
Net result
€19k▲ 83.1%
2024 · €10k
2018: €2k
2019: €-5k▼ -371% vs 2018
2020: €-596▲ +88.9% vs 2019
2021: €-9k▼ -1488% vs 2020
2022: €15k▲ +260% vs 2021
2023: €-172k▼ -1234% vs 2022lowest in 8 years
2024: €10k▲ +106% vs 2023
2025: €19k▲ +83.1% vs 2024highest in 8 years
2018 → 2025
Working capital
€2.21M▲ 1.3%
2024 · €2.18M
2018: €-14k
2019: €-25k▼ -82.5% vs 2018
2020: €-26k▼ -2.9% vs 2019lowest in 8 years
2021: €21k▲ +182% vs 2020
2022: €30k▲ +38.3% vs 2021
2023: €1.60M▲ +5299% vs 2022
2024: €2.18M▲ +36.0% vs 2023
2025: €2.21M▲ +1.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€19.18M-€18.13M▼ 5.5%€9.43M▼ 48.0%€10.45M▲ 10.8%€10.84M▲ 3.7%
2021: €19.18Mhighest in 5 years
2022: €18.13M▼ -5.5% vs 2021
2023: €9.43M▼ -48.0% vs 2022lowest in 5 years
2024: €10.45M▲ +10.8% vs 2023
2025: €10.84M▲ +3.7% vs 2024
Equity€22k-€37k▲ 69.8%€-135k€-124k▲ 7.8%€-105k▲ 15.4%
2021: €22k
2022: €37k▲ +69.8% vs 2021highest in 5 years
2023: €-135k▼ -466% vs 2022lowest in 5 years
2024: €-124k▲ +7.8% vs 2023
2025: €-105k▲ +15.4% vs 2024
Operating result€-5k-€55k€-361k€61k€112k▲ 83.6%
2021: €-5k
2022: €55k▲ +1118% vs 2021
2023: €-361k▼ -761% vs 2022lowest in 5 years
2024: €61k▲ +117% vs 2023
2025: €112k▲ +83.6% vs 2024highest in 5 years
Net result€-9k-€15k€-172k€10k€19k▲ 83.1%
2021: €-9k
2022: €15k▲ +260% vs 2021
2023: €-172k▼ -1234% vs 2022lowest in 5 years
2024: €10k▲ +106% vs 2023
2025: €19k▲ +83.1% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.62M
Fixed assets
€13k ▼ 27.7%
Current assets
€3.61M ▼ 10.4%
Key figures and ratios
EBITDA
€117k▲
2024 · €66k
Cash flow
€24k▲
2024 · €15k
Solvency
-2.9%▲
2024 · -3.1%
Current ratio
2.58▲
2024 · 2.18
Debt to equity
-35.42▼
2024 · -33.52
ROA
0.5%▲
2024 · 0.3%
Interest coverage
0.92▲
2024 · 0.51
Debt
€3.73M▼
2024 · €4.17M
Debt ≤ 1 year
€1.40M▼
2024 · €1.85M
Debt > 1 year
€2.29M=
2024 · €2.29M
Income taxes
€7k▲
2024 · €2k
Staff costs
€1.23M▲
2024 · €1.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.05M€3.62M▼
Fixed assets21/28€17k€13k▼
Tangible fixed assets22/27€13k€9k▼
Furniture and vehicles24€13k€9k▼
Financial fixed assets28€4k€4k=
Other financial fixed assets284/8€4k€4k=
Amounts receivable and cash guarantees285/8€4k€4k=
Current assets29/58€4.03M€3.61M▼
Amounts receivable within one year40/41€3.98M€3.59M▼
Trade receivables40€1.87M€1.97M▲
Other amounts receivable41€2.11M€1.63M▼
Cash at bank and in hand54/58€551-
Deferred charges and accrued income490/1€44k€18k▼
Equity and liabilities
Total equity and liabilities10/49€4.05M€3.62M▼
Equity10/15€-124k€-105k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-186k€-167k▲
Amounts payable17/49€4.17M€3.73M▼
Amounts payable after more than one year17€2.29M€2.29M=
Financial debts170/4€2.29M€2.29M=
Other loans174€2.29M€2.29M=
Amounts payable within one year42/48€1.85M€1.40M▼
Trade debts44€1.54M€999k▼
Suppliers440/4€1.54M€999k▼
Taxes, remuneration and social security45€265k€358k▲
Taxes450/3€48k€133k▲
Remuneration and social security454/9€217k€224k▲
Other amounts payable47/48€44k€44k=
Accrued charges and deferred income492/3€34k€37k▲
Income statement
Code20242025
Operating income70/76A€10.49M€10.86M▲
Turnover70€10.45M€10.84M▲
Other operating income74€17k€18k▲
Non-recurring operating income76A€19k-
Operating charges60/66A€10.43M€10.75M▲
Services and other goods61€9.27M€9.49M▲
Remuneration, social security and pensions62€1.14M€1.23M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€16k€18k▲
Operating profit (loss)9901€61k€112k▲
Financial income75/76B€81k€42k▼
Recurring financial income75€81k€42k▼
Income from current assets751€73k€37k▼
Other financial income752/9€9k€5k▼
Financial charges65/66B€130k€128k▼
Recurring financial charges65€130k€128k▼
Debt charges650€128k€127k▼
Other financial charges652/9€2k€1k▼
Profit (loss) for the period before taxes9903€12k€26k▲
Income taxes67/77€2k€7k▲
Taxes670/3€2k€7k▲
Tax adjustments and reversals of tax provisions77€117-
Profit (loss) for the period9904€10k€19k▲
Profit (loss) for the period to be appropriated9905€10k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-186k€-167k▲
Profit (loss) brought forward from the previous period14P€-197k€-186k▲
Social balance
Average headcount (FTE)908714.413.3▼
The notes to these accounts (34 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €19.19M | €18.14M | €9.45M | €10.49M | €10.86M | ▲ 3.5% |
| Turnover70 | €19.18M | €18.13M | €9.43M | €10.45M | €10.84M | ▲ 3.7% |
| Other operating income74 | €7k | €7k | €12k | €17k | €18k | ▲ 5.8% |
| Non-recurring operating income76A | - | - | - | €19k | - | - |
| Operating charges60/66A | €19.19M | €18.08M | €9.81M | €10.43M | €10.75M | ▲ 3.0% |
| Services and other goods61 | €18.52M | €17.39M | €8.73M | €9.27M | €9.49M | ▲ 2.4% |
| Remuneration, social security and pensions62 | €669k | €662k | €1.00M | €1.14M | €1.23M | ▲ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2k | €5k | €5k | €5k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-3k | €21k | €-25k | - | - | - |
| Other operating charges640/8 | €10k | €3k | €100k | €16k | €18k | ▲ 11.1% |
| Operating profit (loss)9901 | €-5k | €55k | €-361k | €61k | €112k | ▲ 83.6% |
| Financial income75/76B | €19k | €2k | €256k | €81k | €42k | ▼ 48.1% |
| Recurring financial income75 | €19k | €2k | €20k | €81k | €42k | ▼ 48.1% |
| Income from current assets751 | - | - | €19k | €73k | €37k | ▼ 48.6% |
| Other financial income752/9 | €19k | €2k | €279 | €9k | €5k | ▼ 44.1% |
| Non-recurring financial income76B | - | - | €236k | - | - | - |
| Financial charges65/66B | €19k | €29k | €64k | €130k | €128k | ▼ 1.5% |
| Recurring financial charges65 | €19k | €29k | €64k | €130k | €128k | ▼ 1.5% |
| Debt charges650 | €18k | €27k | €62k | €128k | €127k | ▼ 1.0% |
| Other financial charges652/9 | €1k | €2k | €2k | €2k | €1k | ▼ 35.3% |
| Profit (loss) for the period before taxes9903 | €-5k | €28k | €-169k | €12k | €26k | ▲ 115% |
| Income taxes67/77 | €4k | €13k | €3k | €2k | €7k | ▲ 327% |
| Taxes670/3 | €4k | €14k | €3k | €2k | €7k | ▲ 298% |
| Tax adjustments and reversals of tax provisions77 | - | €1k | - | €117 | - | - |
| Profit (loss) for the period9904 | €-9k | €15k | €-172k | €10k | €19k | ▲ 83.1% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €15k | €-172k | €10k | €19k | ▲ 83.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.65M | €2.81M | €4.04M | €4.05M | €3.62M | ▼ 10.5% |
| Fixed assets21/28 | €4k | €26k | €22k | €17k | €13k | ▼ 27.7% |
| Tangible fixed assets22/27 | - | €23k | €18k | €13k | €9k | ▼ 36.0% |
| Furniture and vehicles24 | - | €23k | €18k | €13k | €9k | ▼ 36.0% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Other financial fixed assets284/8 | €4k | €4k | €4k | €4k | €4k | = |
| Amounts receivable and cash guarantees285/8 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €4.64M | €2.78M | €4.02M | €4.03M | €3.61M | ▼ 10.4% |
| Amounts receivable within one year40/41 | €4.63M | €2.74M | €3.99M | €3.98M | €3.59M | ▼ 9.9% |
| Trade receivables40 | €4.55M | €2.74M | €2.09M | €1.87M | €1.97M | ▲ 4.9% |
| Other amounts receivable41 | €79k | - | €1.90M | €2.11M | €1.63M | ▼ 22.9% |
| Cash at bank and in hand54/58 | €7k | €39k | €667 | €551 | - | - |
| Deferred charges and accrued income490/1 | €1k | €420 | €35k | €44k | €18k | ▼ 57.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.65M | €2.81M | €4.04M | €4.05M | €3.62M | ▼ 10.5% |
| Equity10/15 | €22k | €37k | €-135k | €-124k | €-105k | ▲ 15.4% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Profit (loss) carried forward14 | €-40k | €-25k | €-197k | €-186k | €-167k | ▲ 10.3% |
| Amounts payable17/49 | €4.62M | €2.77M | €4.18M | €4.17M | €3.73M | ▼ 10.6% |
| Amounts payable after more than one year17 | - | - | €1.72M | €2.29M | €2.29M | = |
| Financial debts170/4 | - | - | €1.72M | €2.29M | €2.29M | = |
| Other loans174 | - | - | €1.72M | €2.29M | €2.29M | = |
| Amounts payable within one year42/48 | €4.62M | €2.75M | €2.42M | €1.85M | €1.40M | ▼ 24.1% |
| Current portion of amounts payable after more than one year42 | - | - | €572k | - | - | - |
| Trade debts44 | €2.50M | €1.68M | €1.39M | €1.54M | €999k | ▼ 35.0% |
| Suppliers440/4 | €2.50M | €1.68M | €1.39M | €1.54M | €999k | ▼ 35.0% |
| Taxes, remuneration and social security45 | €162k | €199k | €377k | €265k | €358k | ▲ 34.8% |
| Taxes450/3 | €37k | €62k | €85k | €48k | €133k | ▲ 176% |
| Remuneration and social security454/9 | €125k | €137k | €293k | €217k | €224k | ▲ 3.4% |
| Other amounts payable47/48 | €1.96M | €867k | €82k | €44k | €44k | = |
| Accrued charges and deferred income492/3 | €4k | €19k | €44k | €34k | €37k | ▲ 11.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €15k | €-172k | €10k | €19k | ▲ 83.1% |
| + Depreciation and write-downs630 | - | €2k | €5k | €5k | €5k | = |
| Operating cash flow (approximation) | €-9k | €17k | €-167k | €15k | €24k | ▲ 56.9% |
| Investment in fixed assets (approximation) | - | €-24k | €-600 | €0 | €0 | - |
| Change in cash | - | €32k | €-38k | €-116 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
State Gazette act
Reappointments: AE&S, Robert Van de Vondel and Bart CoolsPermanent representatives: Steven Van Daele and Ronald Van den Ecker · Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)7 facts ▸
State Gazette act
Reappointments: AE&S, Robert Van de Vondel and Bart Cools
Permanent representatives: Steven Van Daele and Ronald Van den Ecker · Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)7 facts ▸
- General meeting, 11/06/2026
- Director reappointment, AE&S (director)
- Director reappointment, Robert Van de Vondel (director)
- Director reappointment, Bart Cools (director)
- Permanent representative, Steven Van Daele
- Auditor appointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Ronald Van den Ecker
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €19k ▲83.1%
Operating result €112k, net result €19k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-172k
Net result drops to €-172k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 12 days late
Show earlier events
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 5 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 18 acts read
About the unread acts
Of the 18 Belgian State Gazette acts we know for this company, 1 has been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26099595). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
AE&S
CurrentDirector · since 11-06-2026 · Legal entity · perm. rep.: Steven Van Daele
Cools Bart
CurrentDirector · since 11-06-2026
Robert Van de Vondel
CurrentDirector · since 11-06-2026
11-06-2026
AE&S: Mandate renewed as Director
11-06-2026
Cools Bart: Mandate renewed as Director
11-06-2026
Robert Van de Vondel: Mandate renewed as Director
Not every act has been read: a resignation may be missing here
17 of this company's 18 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2002
Ground area
2.8 ha
Building footprint
1.5 ha
Volume, LiDAR
110,344 m³
Parcel 11815D0262/00D000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
33
companies at this address
See who is registered here
1 establishment unit
Luithagen-Haven 9, 2030 Antwerpen
since 20022.113.963.956
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11815D0262/00D000 | Flanders | 2.8 ha | 1 · 1.5 ha | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Ernst & Young BedrijfsrevisorenCurrent Statutory auditor · represented by Ronald Van den Ecker | 04-08-2026 → present |
Structure & network
Connections & network
1 connected companyLinked via shared directors
via Cools Bart · Secretary
→
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Identification & contact
Identification
Legal formPublic limited company
Founded05-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
52249Warehousing and support activities for transportation
52250Logistics services
Scores and ratios are computed by Checked and are not a credit decision.