DEURGANCK LOGISTIC CENTER
ActiveSummary
DEURGANCK LOGISTIC CENTER has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €766k and a net result of €177k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 837 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-36
Solvency32▼-28
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.93 in 2024; short-term debt: 90.2% and cash: 1.2% of total assets), and 93% of the assets are financed with debt.
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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
7%
Return on assets
1.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 837 sector peers (2025).
NBB · sector comparisonPosition among 837 sector peers
Solvency
better than 14%
← 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 16-07-2026, 15 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
15 d early
2024
17 d early
2023
7 d early
2022
35 d early
2021
38 d early
2020
37 d early
2019
18 d early
← 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
Not included in this filing
EBIT margin
Not included in this filing
Net result
€177k▼ 21.4%
2024 · €226k
2018: €-4klowest in 8 years
2019: €220k▲ +5322% vs 2018
2020: €224k▲ +1.8% vs 2019
2021: €234k▲ +4.5% vs 2020
2022: €299k▲ +27.7% vs 2021highest in 8 years
2023: €249k▼ -16.8% vs 2022
2024: €226k▼ -9.2% vs 2023
2025: €177k▼ -21.4% vs 2024
2018 → 2025
Working capital
€-9.24M▼ 17,817%
2024 · €-52k
2018: €229k
2019: €399k▲ +74.1% vs 2018
2020: €386k▼ -3.2% vs 2019
2021: €404k▲ +4.7% vs 2020
2022: €410k▲ +1.5% vs 2021highest in 8 years
2023: €346k▼ -15.7% vs 2022
2024: €-52k▼ -115% vs 2023
2025: €-9.24M▼ -17817% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€371k-€374k▲ 1.0%€363k▼ 3.0%€589k▲ 62.2%€766k▲ 30.1%
2021: €371k
2022: €374k▲ +1.0% vs 2021
2023: €363k▼ -3.0% vs 2022lowest in 5 years
2024: €589k▲ +62.2% vs 2023
2025: €766k▲ +30.1% vs 2024highest in 5 years
Operating result€325k-€409k▲ 25.9%€340k▼ 16.8%€290k▼ 14.9%€343k▲ 18.5%
2021: €325k
2022: €409k▲ +25.9% vs 2021highest in 5 years
2023: €340k▼ -16.8% vs 2022
2024: €290k▼ -14.9% vs 2023lowest in 5 years
2025: €343k▲ +18.5% vs 2024
Net result€234k-€299k▲ 27.7%€249k▼ 16.8%€226k▼ 9.2%€177k▼ 21.4%
2021: €234k
2022: €299k▲ +27.7% vs 2021highest in 5 years
2023: €249k▼ -16.8% vs 2022
2024: €226k▼ -9.2% vs 2023
2025: €177k▼ -21.4% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.96M
Fixed assets
€10.32M ▲ 954%
Current assets
€638k ▼ 8.4%
Equity and liabilities €10.96M
Equity
€766k ▲ 30.1%
Debt
€10.19M ▲ 838%
Debt's share of the balance-sheet total rises from 64.9% to 93.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€412k▲
2024 · €358k
Cash flow
€246k▼
2024 · €294k
Current ratio
0.06▼
2024 · 0.93
Debt to equity
13.30▲
2024 · 1.85
ROE
23.2%▼
2024 · 38.4%
ROA
1.6%▼
2024 · 13.5%
Interest coverage
3.46▼
2024 · 49.08
Debt ≤ 1 year
€9.88M▲
2024 · €748k
Debt > 1 year
€166k▼
2024 · €220k
Income taxes
€60k▼
2024 · €76k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.68M€10.96M▲
Fixed assets21/28€979k€10.32M▲
Tangible fixed assets22/27€979k€10.32M▲
Land and buildings22€100k€84k▼
Leasing and similar rights25€259k€207k▼
Other tangible fixed assets26€8k€8k=
Assets under construction and advance payments27€611k€10.02M▲
Current assets29/58€696k€638k▼
Stocks and contracts in progress3€13k-
Stocks30/36€13k-
Amounts receivable within one year40/41€411k€331k▼
Trade receivables40€383k€264k▼
Other amounts receivable41€28k€67k▲
Cash at bank and in hand54/58€101k€136k▲
Deferred charges and accrued income490/1€171k€171k=
Equity and liabilities
Total equity and liabilities10/49€1.68M€10.96M▲
Equity10/15€589k€766k▲
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Reserves13€30k€30k=
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Profit (loss) carried forward14€259k€436k▲
Amounts payable17/49€1.09M€10.19M▲
Amounts payable after more than one year17€220k€166k▼
Financial debts170/4€220k€166k▼
Amounts payable within one year42/48€748k€9.88M▲
Current portion of amounts payable after more than one year42€53k€54k▲
Financial debts43-€9.06M
Credit institutions430/8-€9.06M
Trade debts44€687k€46k▼
Suppliers440/4€687k€46k▼
Taxes, remuneration and social security45€8k€4k▼
Taxes450/3€8k€4k▼
Other amounts payable47/48-€711k
Accrued charges and deferred income492/3€118k€147k▲
Income statement
Code20242025
Non-recurring operating income76A-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€69k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€362k€417k▲
Operating profit (loss)9901€290k€343k▲
Financial income75/76B€19k€13k▼
Recurring financial income75€19k€13k▼
Financial charges65/66B€7k€119k▲
Recurring financial charges65€7k€119k▲
Profit (loss) for the period before taxes9903€301k€237k▼
Income taxes67/77€76k€60k▼
Profit (loss) for the period9904€226k€177k▼
Profit (loss) for the period to be appropriated9905€226k€177k▼
Appropriation of the result
Profit (loss) to be appropriated9906€259k€436k▲
Profit (loss) brought forward from the previous period14P€33k€259k▲
The notes to these accounts (14 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €8k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60k | €61k | €63k | €68k | €69k | ▲ 1.5% |
| Other operating charges640/8 | €1k | €1k | €7k | €4k | €5k | ▲ 9.3% |
| Gross operating margin9900 | €387k | €471k | €410k | €362k | €417k | ▲ 15.2% |
| Operating profit (loss)9901 | €325k | €409k | €340k | €290k | €343k | ▲ 18.5% |
| Financial income75/76B | €0 | €0 | €1 | €19k | €13k | ▼ 31.3% |
| Recurring financial income75 | €0 | €0 | €1 | €19k | €13k | ▼ 31.3% |
| Financial charges65/66B | €13k | €11k | €9k | €7k | €119k | ▲ 1,536% |
| Recurring financial charges65 | €13k | €11k | €9k | €7k | €119k | ▲ 1,536% |
| Profit (loss) for the period before taxes9903 | €312k | €398k | €332k | €301k | €237k | ▼ 21.3% |
| Income taxes67/77 | €78k | €99k | €83k | €76k | €60k | ▼ 20.9% |
| Profit (loss) for the period9904 | €234k | €299k | €249k | €226k | €177k | ▼ 21.4% |
| Profit (loss) for the period to be appropriated9905 | €234k | €299k | €249k | €226k | €177k | ▼ 21.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.70M | €1.87M | €1.98M | €1.68M | €10.96M | ▲ 554% |
| Fixed assets21/28 | €474k | €422k | €407k | €979k | €10.32M | ▲ 954% |
| Tangible fixed assets22/27 | €474k | €422k | €407k | €979k | €10.32M | ▲ 954% |
| Land and buildings22 | - | - | - | €100k | €84k | ▼ 16.1% |
| Leasing and similar rights25 | €417k | €364k | €312k | €259k | €207k | ▼ 20.2% |
| Other tangible fixed assets26 | €57k | €58k | €95k | €8k | €8k | = |
| Assets under construction and advance payments27 | - | - | - | €611k | €10.02M | ▲ 1,540% |
| Current assets29/58 | €1.23M | €1.45M | €1.58M | €696k | €638k | ▼ 8.4% |
| Stocks and contracts in progress3 | - | - | €2k | €13k | - | - |
| Stocks30/36 | - | - | €2k | €13k | - | - |
| Amounts receivable within one year40/41 | €370k | €343k | €280k | €411k | €331k | ▼ 19.6% |
| Trade receivables40 | €288k | €281k | €249k | €383k | €264k | ▼ 31.1% |
| Other amounts receivable41 | €82k | €62k | €30k | €28k | €67k | ▲ 137% |
| Current investments50/53 | - | - | €700k | - | - | - |
| Cash at bank and in hand54/58 | €689k | €907k | €411k | €101k | €136k | ▲ 35.5% |
| Deferred charges and accrued income490/1 | €171k | €200k | €182k | €171k | €171k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.70M | €1.87M | €1.98M | €1.68M | €10.96M | ▲ 554% |
| Equity10/15 | €371k | €374k | €363k | €589k | €766k | ▲ 30.1% |
| Contributions10/11 | €300k | €300k | €300k | €300k | €300k | = |
| Capital10 | €300k | €300k | €300k | €300k | €300k | = |
| Issued capital100 | €300k | €300k | €300k | €300k | €300k | = |
| Reserves13 | €28k | €30k | €30k | €30k | €30k | = |
| Non-distributable reserves130/1 | €28k | €30k | €30k | €30k | €30k | = |
| Legal reserve130 | €28k | €30k | €30k | €30k | €30k | = |
| Profit (loss) carried forward14 | €43k | €44k | €33k | €259k | €436k | ▲ 68.6% |
| Amounts payable17/49 | €1.33M | €1.50M | €1.62M | €1.09M | €10.19M | ▲ 838% |
| Amounts payable after more than one year17 | €376k | €325k | €274k | €220k | €166k | ▼ 24.7% |
| Financial debts170/4 | €376k | €325k | €274k | €220k | €166k | ▼ 24.7% |
| Amounts payable within one year42/48 | €826k | €1.04M | €1.23M | €748k | €9.88M | ▲ 1,221% |
| Current portion of amounts payable after more than one year42 | €49k | €51k | €52k | €53k | €54k | ▲ 2.4% |
| Financial debts43 | - | - | - | - | €9.06M | - |
| Credit institutions430/8 | - | - | - | - | €9.06M | - |
| Trade debts44 | €543k | €685k | €900k | €687k | €46k | ▼ 93.3% |
| Suppliers440/4 | €543k | €685k | €900k | €687k | €46k | ▼ 93.3% |
| Taxes, remuneration and social security45 | €13k | €10k | €17k | €8k | €4k | ▼ 55.7% |
| Taxes450/3 | €13k | €10k | €17k | €8k | €4k | ▼ 55.7% |
| Other amounts payable47/48 | €220k | €295k | €260k | - | €711k | - |
| Accrued charges and deferred income492/3 | €132k | €133k | €117k | €118k | €147k | ▲ 24.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €234k | €299k | €249k | €226k | €177k | ▼ 21.4% |
| + Depreciation and write-downs630 | €60k | €61k | €63k | €68k | €69k | ▲ 1.5% |
| Operating cash flow (approximation) | €294k | €360k | €311k | €294k | €246k | ▼ 16.1% |
| Investment in fixed assets (approximation) | - | €-10k | €-47k | €-640k | €-9.41M | ▼ 1,371% |
| Change in cash | - | €218k | €-496k | €-311k | €36k | ▲ 111% |
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
26-08
State Gazette act
Reappointments: Van Moer Group (director) and Aline Haven (director)Permanent representatives: Johan Van Moer and Louis Van Wellen5 facts ▸
State Gazette act
Reappointments: Van Moer Group (director) and Aline Haven (director)
Permanent representatives: Johan Van Moer and Louis Van Wellen5 facts ▸
- General meeting, 30-06-2026
- Director reappointment, Van Moer Group (director)
- Permanent representative, Johan Van Moer
- Director reappointment, Aline Haven (director)
- Permanent representative, Louis Van Wellen
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €589k ▲62.2%
6 profitable years in a row build equity to €589k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €299k ▲27.7%
Operating result €409k, net result €299k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €220k
Net result €220k after one loss-making year.
31-12
Financial
Equity above €200kEq €353k ▲166%
Equity rises from €133k to €353k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
ALINE HAVEN
CurrentDirector · since 30-06-2026 · Public limited company · perm. rep.: Louis Van Wellen
VAN MOER GROUP
CurrentDirector · since 30-06-2026 · Public limited company · perm. rep.: Johan Van Moer
30-06-2026
ALINE HAVEN: Mandate renewed as Director
30-06-2026
VAN MOER GROUP: Mandate renewed as Director
Not every act has been read: a resignation may be missing here
4 of this company's 5 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 2016
Ground area
1,239 m²
Parcel 11807G1486/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
DEURGANCK LOGISTIC CENTER
since 20162.253.516.866
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1486/00D000indicative | Flanders | 1,239 m² | - | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
10 connected companiesThis company
Company
Director
Shareholding
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Recognitions · licences · registrations
Legal Entity Identifier
699400SDYJ9L5PGNT965
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 7,506 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
Scores and ratios are computed by Checked and are not a credit decision.