Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
87 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LOGWIN AIR + OCEAN BELGIUM from Antwerpen, company number BE0418187883, closed financial year 2025 with a result of € -821,320 after tax. For that financial year LOGWIN AIR + OCEAN BELGIUM recorded a gross margin of € 1.5 million and equity of € 199,694. Compared with financial year 2024, the result moved from € -176,104 to € -821,320. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 199,694
▲ € 154,680 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -821,320
▼ 366 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -801,219.
People and assets in 2025
16.6
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 72% vs 2024
€ 142,300 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.
€ 78,651
▲ € 75,960 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.5 million
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 716,083
▲ 154% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,670,848 | € 1,650,503 | € 1,561,061 | € 1,537,762 | ▼ 1% |
| Profit after taxes | € 930,128 | € 108,938 | € -176,104 | € -821,320 | ▼ € 645,216 |
| Equity | € 356,091 | € 221,119 | € 45,015 | € 199,694 | ▲ € 154,680 |
| Total debts | € 2,870,438 | € 1,552,386 | € 2,298,254 | € 2,246,378 | ▼ 2% |
| Cash | € 568 | € 0 | - | - | |
| Land & buildings | - | - | - | € 61,014 | |
| Retained profit | € 155,074 | € 20,102 | € -156,002 | € -801,219 | ▼ € 645,216 |
| Dividend | € 1,130,128 | € 243,911 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 0 | ▼ 100% |
| Balance sheet total | € 3,258,696 | € 1,805,672 | € 2,675,436 | € 2,749,677 | ▲ 3% |
| Employees (FTE) | 16.6 | 16.1 | 15.6 | 16.6 | ▲ 1 |
Key figures of LOGWIN AIR + OCEAN BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LOGWIN AIR + OCEAN BELGIUM?
What happened at LOGWIN AIR + OCEAN BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hubert Ralf stepped down as director. NBB
- Kady Ivens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 821,320. Source: NBB ↗
- Kady Ivens became a director. NBB
- Hubert Ralf became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 930,128 profit in 2022 to € 821,320 loss in 2025.
Paid € 438,535 in corporate taxes since 2022.
Best year ever: 2022, with € 930,128 profit.
On average € 92,600 of value added per employee in 2025.
Management
The shares are held by Logwin Air + Ocean International GmbH (100%) and Logwin Air + Ocean Deutschland GmbH (0%).
Directors
According to the 2025 annual accounts
Hubert Ralf
Director
since 2018 · until 2030
Kady Ivens
Managing director
since 2024 · until 2029
Shareholders
Logwin Air + Ocean International GmbH
100%
Logwin Air + Ocean Deutschland GmbH
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Uitbreidingstraat 66
2600 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 87 companies are registered at this address.
All companies at this address →VTG Rail Logistics Belgium
€ 729 gross margin · 2026
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€ 133,528 gross margin · 2025
C & Q-INVEST
€ -91,038 gross margin · 2024
ANGLO - BELGE SPECIAL RISKS
€ 495,943 gross margin · 2025
THE PARKING LOT
€ 367,306 gross margin · 2025
+82 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.187.883
- VAT number
- BE 0418.187.883
- Registered office
- Uitbreidingstraat 66, 2600 Antwerpen
- Names & denominations
- LOGWIN AIR + OCEAN BELGIUM · Leadway Container Line
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1978
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Logistieke diensten
Expeditiekantoren
Overige vervoerondersteunende activiteiten