Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LOGITRANS BELGIUM from Merelbeke-Melle, company number BE0464747784, closed financial year 2025 with a result of € 682,746 after tax. For that financial year LOGITRANS BELGIUM recorded a gross margin of € 1.6 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 762,249 to € 682,746. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 3.7 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 682,746
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 184,727
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 235,000 paid out
34 % of the profit went to the shareholders, mostly to Advices for Technical Systems (80 % of the shares). That is where the money ends up.
People and assets in 2025
8.3
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 727,029
▲ 1% vs 2024
€ 87,600 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.
€ 198,203
▲ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▼ 25% vs 2024
€ 750,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.5 million
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 202,023
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,437,849 | € 1,373,352 | € 1,904,912 | € 1,630,085 | ▼ 14% |
| Profit after taxes | € 470,272 | € 606,988 | € 762,249 | € 682,746 | ▼ 10% |
| Equity | € 2,308,510 | € 2,680,498 | € 3,207,748 | € 3,655,494 | ▲ 14% |
| Total debts | € 1,602,288 | € 6,128,015 | € 4,824,684 | € 4,456,900 | ▼ 8% |
| Cash | € 1,028,620 | € 585,778 | € 147,848 | € 184,727 | ▲ 25% |
| Retained profit | € 1,838,510 | € 2,210,498 | € 2,737,748 | € 3,185,494 | ▲ 16% |
| Dividend | € 230,000 | € 235,000 | € 235,000 | € 235,000 | |
| Bank debt | € 0 | € 3,750,000 | € 3,000,000 | € 2,250,000 | ▼ 25% |
| Balance sheet total | € 4,085,799 | € 8,808,513 | € 8,032,432 | € 8,112,394 | ▲ 1% |
| Employees (FTE) | 6.7 | 6.9 | 7.9 | 8.3 | ▲ 0.4 |
Key figures of LOGITRANS 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 LOGITRANS BELGIUM?
What happened at LOGITRANS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- B-Deck BV stepped down as director. NBB
- DEC BVBA stepped down as director. NBB
- Rene Schepens stepped down as director. NBB
- Simon Vandermersch stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 682,746 (▼ 10% vs 2024). Source: NBB ↗
- Christian Corijn stepped down as director. NBB
- Simon Vandermersch became a director. NBB
- Hendrik Aelbrecht stepped down as director. NBB
In short
From € 470,272 profit in 2022 to € 682,746 profit in 2025.
Paid € 805,307 in corporate taxes since 2022.
Best year ever: 2024, with € 762,249 profit.
On average € 196,400 of value added per employee in 2025.
A new publication or filing at LOGITRANS BELGIUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Advices for Technical Systems, B-Deck comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LOGITRANS BELGIUMThe shares are held by Advices for Technical Systems (80%) and B-Deck (11%). It owns 80% of Erkon Engineering BV and 80% of ASP Handling itself.
Directors
According to the 2025 annual accounts
Hendrik Aelbrecht
Director
since 2022 · until 2025
Rene Schepens
Chairman of the board
Also active at: Chauffage Coussement, VDC ROESELARE, ATS Antwerp, ALGEMENE ELEKTRICITEIT DE MULDER, ACAR, Gezel, Emaco International, Advices for Technical Systems +22 more
since 2016 · until 2028
Christian Corijn
Director
since 2022 · until 2026
since 2022 · until 2028
Simon Vandermersch
Director
since 2025 · until 2028
Shareholders
Participations
Erkon Engineering BV
80%
80%
Establishments
Establishment units
Physical locations of this company
Karel De Roosestraat 15
9820 Merelbeke-Melle
Moerstraat 58
9031 Gent
Active since 29 March 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Advices for Technical Systems same network
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€ 4.2 million gross margin · 2025
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€ 16.8 million revenue · 2025
MARKETING CONSULTING ENGINEERING same network
€ 1.1 million revenue · 2025
+4 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
- 0464.747.784
- VAT number
- BE 0464.747.784
- Registered office
- Karel De Roosestraat 15, 9820 Merelbeke-Melle
- Names & denominations
- LOGITRANS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 1998
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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