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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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 407.9 to 329.6.
Financials
Financial year 2025
TAILORMADE LOGISTICS from Gent, company number BE0458195336, closed financial year 2025 with a result of € -5.7 million after tax. For that financial year TAILORMADE LOGISTICS recorded revenue of € 112.2 million and equity of € 7.4 million. Compared with financial year 2024, the result moved from € 248,551 to € -5.7 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 7.4 million
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5.7 million
▼ still € 248,551 profit in 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ € 1.5 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.3 million.
People and assets in 2025
329.6
▼ 20.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 19.6 million
▲ 1% vs 2024
€ 59,600 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.
€ 5.1 million
▼ 16% vs 2024
Of which on lease € 4.4 million.
Debts at end 2025
€ 14.2 million
▼ 21% vs 2024
€ 5.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 27.3 million
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 96 days on average.
€ 3.1 million
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 116,624,617 | € 122,313,649 | € 105,018,116 | € 112,185,769 | ▲ 7% |
| Profit after taxes | € -1,497,471 | € -5,028,707 | € 248,551 | € -5,680,400 | ▼ € 5.9 million |
| Equity | € 17,726,339 | € 12,697,632 | € 12,946,183 | € 7,394,121 | ▼ 43% |
| Total debts | € 59,163,897 | € 70,015,583 | € 63,171,371 | € 64,240,289 | ▲ 2% |
| Cash | € 837,782 | € 128,668 | € 274,466 | € 1,769,462 | ▲ € 1.5 million |
| Land & buildings | € 13,750 | € 35,587 | € 25,696 | € 24,206 | ▼ 6% |
| Retained profit | € 15,800,869 | € 10,772,162 | € 11,020,713 | € 5,340,313 | ▼ 52% |
| Bank debt | € 33,545,432 | € 40,603,376 | € 17,952,999 | € 14,152,118 | ▼ 21% |
| Balance sheet total | € 76,890,236 | € 82,713,215 | € 76,117,554 | € 71,634,409 | ▼ 6% |
| Employees (FTE) | 380 | 407.9 | 350.5 | 329.6 | ▼ 20.9 |
Key figures of TAILORMADE LOGISTICS, 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 TAILORMADE LOGISTICS?
What happened at TAILORMADE LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pieter Balcaen stepped down as director. NBB
- Malo Ventures NV stepped down as director. NBB
- Argus Consult BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 5.7 million (▼ € 5.9 million vs 2024). Source: NBB ↗
- Pieter Balcaen became a director. NBB
- Malo Ventures NV became a director. NBB
- New establishment in Evergem. KBO
- New establishment in Meerhout. KBO
In short
From € 1.5 million loss in 2022 to € 5.7 million loss in 2025.
Paid € 115,821 in corporate taxes since 2022.
Best year ever: 2024, with € 248,551 profit.
Pays suppliers within 96 days on average.
Management
The stake of Malo Ventures, KEBEK II, ARGUS CONSULT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TAILORMADE LOGISTICSThe shares are held by Malo Ventures (75%), KEBEK II (67.2%) and ARGUS CONSULT (25%). It owns 100% of Tailormade Rental BV, 100% of E-Fulfillment Services, 100% of Tailormade Logistics Bulgaria LTD, 100% of Tailormade Logistics Italy SRL, 100% of Tailormade Logistics Sweden AB and 100% of GV Logistics Group BV itself.
Directors
According to the 2025 annual accounts
Pieter Balcaen
Director
Also active at: Van Hove en Co, TAILORMADE TRANSPORT, Tailormade Rental, TRANSCOT, Tailormade Customs, E-Fulfillment Services
since 2025 · until 2031
Director · represented by Kelly De Dijcker
Also active at: Van Hove en Co, Alkove, Lanson Industries Plant I, IMMOPORTFOLIO, Immo Genics, EUROPAL-LOGISTICS, GLOBAL RENTAL PROPERTIES II, FIBRIMMO +18 more
since 2025 · until 2031
Managing director · represented by Bert Vandecaveye
Also active at: TAILORMADE TRANSPORT, Tailormade Warehouses
since 2017 · until 2031
Shareholders
Participations
100%
Tailormade Logistics Bulgaria LTD
100%
Tailormade Logistics Italy SRL
100%
Tailormade Logistics Sweden AB
100%
Tailormade Logistics UK Ltd
100%
Tailormade Logistics Nederland BV
100%
TML Luxembourg SRL
100%
Tailormade Logistics France en abrégé TML France SAS
100%
30.9%
Establishments
Establishment units
Physical locations of this company
Korte Mate 5
9042 Gent
Skaldenstraat 60
9042 Gent
Active since 27 June 1996
Rue du Kiell - AUBANGE 62
6790 Aubange
Active since 31 July 2019
Route de Wallonie (G.) 139
7011 Mons
Active since 8 May 2020
Van Doornelaan 3
2260 Westerlo
Active since 7 September 2020
Noordkaai 10 box 1
8870 Izegem
Active since 11 January 2021
Hulsdonk 29
9042 Gent
Active since 11 January 2021
Korte Mate 14 - 16
9042 Gent
Active since 1 April 2021
Godefriduskaai 26
2000 Antwerpen
Active since 17 May 2021
Mammoetstraat 2
3700 Tongeren-Borgloon
Active since 24 January 2023
Delori-Maeslaan Grote Nest
9940 Evergem
Active since 25 May 2023
Nikelaan 21
2450 Meerhout
Active since 22 May 2023
Eddastraat 31
9042 Gent
Active since 1 May 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0458.195.336
- VAT number
- BE 0458.195.336
- Registered office
- Korte Mate 5, 9042 Gent
- Names & denominations
- TAILORMADE LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 1996
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Overige opslag
Opslag
Logistieke diensten
Expeditiekantoren
Overige vervoerondersteunende activiteiten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Goederenvervoer over de weg
Verhuur en lease van vrachtwagens
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