Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 9.4 to 4.3.
Financials
Financial year 2024
FOOD LOGISTICS from Dendermonde, company number BE0400271290, closed financial year 2024 with a result of € 378,812 after tax. For that financial year FOOD LOGISTICS recorded revenue of € 1.3 million and equity of € 480,299. Compared with financial year 2023, the result moved from € 515,889 to € 378,812. The company is profitable. The buffer shrank hard: equity is 63 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2025.
€ 480,299
▼ 63% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 378,812
▼ 27% vs 2023
Profit after tax over the fiscal year.
€ 130,881
▲ 209% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
4.3
▼ 1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 307,501
▼ 10% vs 2023
€ 71,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 143
▼ 67% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 124,258
▼ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.
€ 144,841
▼ 42% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,790,754 | € 1,848,266 | € 1,873,619 | € 1,341,776 | ▼ 28% |
| Profit after taxes | € 622,576 | € 347,014 | € 515,889 | € 378,812 | ▼ 27% |
| Equity | € 638,584 | € 785,598 | € 1,301,487 | € 480,299 | ▼ 63% |
| Total debts | € 776,468 | € 618,143 | € 414,446 | € 269,099 | ▼ 35% |
| Cash | € 509,011 | € 240,026 | € 42,362 | € 130,881 | ▲ 209% |
| Land & buildings | € 713,858 | € 770,536 | € 687,378 | € 626,966 | ▼ 9% |
| Retained profit | € 186,272 | € 333,286 | € 849,175 | € 27,987 | ▼ 97% |
| Dividend | € 4,350,000 | € 200,000 | € 0 | € 1,200,000 | |
| Balance sheet total | € 1,612,106 | € 1,623,795 | € 1,972,981 | € 1,026,734 | ▼ 48% |
| Employees (FTE) | 10.5 | 9.4 | 5.3 | 4.3 | ▼ 1 |
Key figures of FOOD LOGISTICS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FOOD LOGISTICS?
What happened at FOOD LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BV H.A.C. stepped down as director. NBB
- BV MASEWO INVEST stepped down as director. NBB
- COMM. V BROFINCO stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 378,812 (▼ 27% vs 2023). Source: NBB ↗
- NV 't HOOG stepped down as director. NBB
- BV H.A.C. became a director. NBB
- BV MASEWO INVEST became a director. NBB
- COMM. V BROFINCO became a director. NBB
In short
From € 622,576 profit in 2021 to € 378,812 profit in 2024.
Paid € 467,313 in corporate taxes since 2021.
Best year ever: 2021, with € 622,576 profit.
Paid out € 5.8 million in dividends to the owners in total.
Management
The stake of Food Logistics Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FOOD LOGISTICSThe shares are held by Group De Brandt N.V. (100%) and Food Logistics Invest.
Directors
According to the 2024 annual accounts
Director · represented by Friedel VAN DER BORGHT
Owns 100% via Group De Brandt N.V.
Also active at: DE BRANDT DAIRY INTERNATIONAL, GROUP DE BRANDT
since 2024 · until 2025
since 2025 · until 2030
since 2025 · until 2030
Director · represented by Erik Van Den Broeck
Holds a stake via Food Logistics Invest
Also active at: BDO ADVISORY, BELGIAN EASY DATA DRIVEN ELECTRICAL CHARGING, MONTEPERTINI WINERY, GEOSPARC
since 2025 · until 2030
Managing director · represented by Valerie DE BRANDT
Also active at: DE BRANDT DAIRY INTERNATIONAL, MINNEBEKE, GROUP DE BRANDT, 't Hoog
since 2024 · until 2025
Shareholders
Group De Brandt N.V. · holding of NV 't HOOG
100%
Food Logistics Invest · holding of COMM. V BROFINCO
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoogveld 89
9200 Dendermonde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.271.290
- VAT number
- BE 0400.271.290
- Registered office
- Hoogveld 89, 9200 Dendermonde
- Names & denominations
- FOOD LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 1964
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Opslag
Opslag in koelpakhuizen