What does CLdN Cargo do?

CLdN Cargo is a logistics company in Brugge. Public Limited, started on 20 July 2001, 2 establishments.

What is the address of CLdN Cargo?

The registered office of CLdN Cargo is located at Alfred Ronsestraat 100, 8380 Brugge.

Is CLdN Cargo still active?

Yes. According to the CBE (29 October 2026) CLdN Cargo is active, legal situation “Normale toestand”, started on 20 July 2001.

Is CLdN Cargo registered on Peppol?

Yes, CLdN Cargo is registered on the Peppol network with ID 0208:0475233187.

What is the enterprise number of CLdN Cargo?

The enterprise number of CLdN Cargo is BE0475233187.

When was CLdN Cargo founded?

CLdN Cargo was founded on 20 July 2001.

Who are the directors of CLdN Cargo?

According to the 2025 annual accounts, the directors of CLdN Cargo are: Melior BV, Navira VOF, Michel Cigrang.

Is CLdN Cargo a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 July 2001; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did CLdN Cargo make in 2025?

CLdN Cargo recorded a loss after taxes of € 11,161,510 in financial year 2025.

What is the revenue of CLdN Cargo?

In its most recent annual accounts (2025), CLdN Cargo reported revenue of € 170,738,325.

How much does an employee at CLdN Cargo earn?

The average wage cost per full-time employee at CLdN Cargo was € 78,700 in 2025: staff costs of € 7.7 million for 97.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CLdN Cargo have?

According to the 2025 annual accounts, CLdN Cargo has 97.9 full-time equivalents (FTE).

CLdN Cargo (Public Limited) - Brugge - BE0475233187

Dossier CLdN Cargo, printed on 29 October 2026 from databakkes.be/en/0475233187/cldn-cargo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

CLdN Cargo from Brugge, company number BE0475233187, closed financial year 2025 with a result of € -11.2 million after tax. For that financial year CLdN Cargo recorded revenue of € 170.7 million and equity of € -5.1 million. Compared with financial year 2024, the result moved from € -6.7 million to € -11.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.

What it is worth Caution

€ -5.1 million

▼ € 11.2 million vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -11.2 million

▼ 68 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 224,656

▼ 46% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -8.8 million.

People and assets in 2025

Full-time equivalents

97.9

▲ 9.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 11 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 7.7 million

▲ 15% vs 2024

€ 78,700 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.

Vehicles and equipment

€ 6.1 million

▲ € 4.6 million vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 22.1 million

▲ 56% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 23.2 million

▲ 92% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.

Taxes and wages

€ 836,908

▲ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 133,351,900 Revenue 2022: € 133,351,900 First fiscal year in the series	€ 125,168,601 Revenue 2023: € 125,168,601 ▼ 6% vs 2022 (€ 133,351,900) Unfavourable step	€ 132,255,515 Revenue 2024: € 132,255,515 ▲ 6% vs 2023 (€ 125,168,601) Favourable step	€ 170,738,325 Revenue 2025: € 170,738,325 ▲ 29% vs 2024 (€ 132,255,515) Favourable step	▲ 29%
Profit after taxes	€ 1,160,608 Profit after taxes 2022: € 1,160,608 First fiscal year in the series	€ -2,597,424 Profit after taxes 2023: € -2,597,424 ▼ € 3.8 million vs 2022 (€ 1,160,608) Unfavourable step	€ -6,662,404 Profit after taxes 2024: € -6,662,404 ▼ € 4.1 million vs 2023 (€ -2,597,424) Unfavourable step	€ -11,161,510 Profit after taxes 2025: € -11,161,510 ▼ € 4.5 million vs 2024 (€ -6,662,404) Unfavourable step	▼ € 4.5 million
Equity	€ 15,356,370 Equity 2022: € 15,356,370 First fiscal year in the series	€ 12,758,946 Equity 2023: € 12,758,946 ▼ 17% vs 2022 (€ 15,356,370) Unfavourable step	€ 6,096,542 Equity 2024: € 6,096,542 ▼ 52% vs 2023 (€ 12,758,946) Unfavourable step	€ -5,064,969 Equity 2025: € -5,064,969 ▼ € 11.2 million vs 2024 (€ 6,096,542) Unfavourable step	▼ € 11.2 million
Total debts	€ 20,266,261 Total debts 2022: € 20,266,261 First fiscal year in the series	€ 15,281,637 Total debts 2023: € 15,281,637 ▼ 25% vs 2022 (€ 20,266,261) Favourable step	€ 26,996,641 Total debts 2024: € 26,996,641 ▲ 77% vs 2023 (€ 15,281,637) Unfavourable step	€ 46,169,399 Total debts 2025: € 46,169,399 ▲ 71% vs 2024 (€ 26,996,641) Unfavourable step	▲ 71%
Cash	€ 1,739,658 Cash 2022: € 1,739,658 First fiscal year in the series	€ 1,965,942 Cash 2023: € 1,965,942 ▲ 13% vs 2022 (€ 1,739,658) Favourable step	€ 418,592 Cash 2024: € 418,592 ▼ 79% vs 2023 (€ 1,965,942) Unfavourable step	€ 224,656 Cash 2025: € 224,656 ▼ 46% vs 2024 (€ 418,592) Unfavourable step	▼ 46%
Retained profit	€ 11,576,370 Retained profit 2022: € 11,576,370 First fiscal year in the series	€ 8,978,946 Retained profit 2023: € 8,978,946 ▼ 22% vs 2022 (€ 11,576,370) Unfavourable step	€ 2,316,542 Retained profit 2024: € 2,316,542 ▼ 74% vs 2023 (€ 8,978,946) Unfavourable step	€ -8,844,969 Retained profit 2025: € -8,844,969 ▼ € 11.2 million vs 2024 (€ 2,316,542) Unfavourable step	▼ € 11.2 million
Bank debt	€ 11,820,644 Bank debt 2022: € 11,820,644 First fiscal year in the series	€ 6,614,610 Bank debt 2023: € 6,614,610 ▼ 44% vs 2022 (€ 11,820,644) Favourable step	€ 14,197,599 Bank debt 2024: € 14,197,599 ▲ 115% vs 2023 (€ 6,614,610) Unfavourable step	€ 22,141,630 Bank debt 2025: € 22,141,630 ▲ 56% vs 2024 (€ 14,197,599) Unfavourable step	▲ 56%
Balance sheet total	€ 35,622,630 Balance sheet total 2022: € 35,622,630 First fiscal year in the series	€ 28,040,583 Balance sheet total 2023: € 28,040,583 ▼ 21% vs 2022 (€ 35,622,630) Unchanged	€ 33,093,183 Balance sheet total 2024: € 33,093,183 ▲ 18% vs 2023 (€ 28,040,583) Unchanged	€ 41,104,430 Balance sheet total 2025: € 41,104,430 ▲ 24% vs 2024 (€ 33,093,183) Unchanged	▲ 24%
Employees (FTE)	81.3 Employees (FTE) 2022: 81.3 First fiscal year in the series	85.2 Employees (FTE) 2023: 85.2 ▲ 3.9 vs 2022 (81.3) Unchanged	88.7 Employees (FTE) 2024: 88.7 ▲ 3.5 vs 2023 (85.2) Unchanged	97.9 Employees (FTE) 2025: 97.9 ▲ 9.2 vs 2024 (88.7) Unchanged	▲ 9.2

Key figures of CLdN Cargo, 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 CLdN Cargo?

What happened at CLdN Cargo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Melior BV stepped down as director. NBB
2029 Michel Cigrang stepped down as director. NBB
Jun 17, 2026 New annual accounts for financial year 2025: loss of € 11.2 million. Source: NBB ↗
2026 Navira VOF stepped down as director. NBB
2024 Melior BV became a director. NBB
2023 Michel Cigrang became a director. NBB
2020 Navira VOF became a director. NBB
Mar 26, 2018 New establishment in Antwerpen. KBO

In short

From € 1.2 million profit in 2022 to € 11.2 million loss in 2025.

Paid € 478,868 in corporate taxes since 2022.

Best year ever: 2022, with € 1.2 million profit.

Pays suppliers within 49 days on average.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Melior BV

Director · represented by Stijn Gheyle

since 2024 · until 2029

Navira VOF

Director · represented by Florent Maes

Also active at: CLdN, CLdN Ferries, Cobelfret, CLdN Ports Zeebrugge, CLdN Tech, CLdN RoRo Agencies, CLdN IT Applications

since 2020 · until 2026

Michel Cigrang

Director

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Alfred Ronsestraat 100

8380 Brugge

2.274.876.662

Sneeuwbeslaan 14

2610 Antwerpen

Active since 26 March 2018

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Wallenius Wilhelmsen Supply Chain Solutions Belgium

€ 14.6 million revenue · 2025

WALLENIUS WILHELMSEN LOGISTICS ZEEBRUGGE

€ 97.5 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0475.233.187

VAT number

BE 0475.233.187

Registered office

Alfred Ronsestraat 100, 8380 Brugge

Names & denominations

CLdN Cargo

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

20 July 2001

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Logistieke diensten

Overige activiteiten i.v.m. de organisatie van het vrachtvervoer

Overige vrachtbehandeling

Overige vrachtbehandeling, exclusief in zeehavens

Overige vervoerondersteunende activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗