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.
Financials
Financial year 2025
EV Cargo Global Forwarding from Machelen (Brab.), company number BE0477291072, closed financial year 2025 with a result of € -1.8 million after tax. For that financial year EV Cargo Global Forwarding recorded revenue of € 23.9 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € -1.3 million to € -1.8 million. The company made a loss. 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 July 30, 2026.
€ 4.4 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.8 million
▼ 40 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.5 million
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.9 million.
People and assets in 2025
58.1
▲ 6.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.8 million
▲ 11% vs 2024
€ 82,600 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.
€ 137,097
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,127
▼ 51% vs 2024
Loans from banks and other lenders, long and short.
€ 2.4 million
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.
€ 785,154
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,078,096 | € 16,946,916 | € 21,071,748 | € 23,949,369 | ▲ 14% |
| Profit after taxes | € 905,681 | € 483,049 | € -1,257,106 | € -1,762,257 | ▼ € 505,151 |
| Equity | € 3,989,254 | € 4,472,303 | € 4,147,384 | € 4,385,126 | ▲ 6% |
| Total debts | € 2,663,107 | € 2,863,723 | € 6,357,896 | € 3,304,528 | ▼ 48% |
| Cash | € 2,760,882 | € 135,155 | € 3,894,378 | € 1,487,826 | ▼ 62% |
| Retained profit | € 3,489,254 | € 3,972,303 | € 3,628,834 | € 1,866,576 | ▼ 49% |
| Bank debt | € 0 | € 39,731 | € 26,746 | € 13,127 | ▼ 51% |
| Balance sheet total | € 6,664,618 | € 7,346,240 | € 10,515,611 | € 7,698,795 | ▼ 27% |
| Employees (FTE) | 43.9 | 46 | 51.3 | 58.1 | ▲ 6.8 |
Key figures of EV Cargo Global Forwarding, 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 EV Cargo Global Forwarding?
What happened at EV Cargo Global Forwarding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marcus Terpstra stepped down as director. NBB
- Paul Coutts stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.8 million. Source: NBB ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Marcus Terpstra became a director. NBB
- Paul Coutts became a director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Grâce-Hollogne. KBO
In short
From € 905,681 profit in 2022 to € 1.8 million loss in 2025.
Paid € 913,536 in corporate taxes since 2022.
Best year ever: 2022, with € 905,681 profit.
Pays suppliers within 48 days on average.
Management
Directors
According to the 2025 annual accounts
Marcus Terpstra
Director
since 2024 · until 2030
Paul Coutts
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Bedrijvenzone Machelen-Cargo 719
1830 Machelen (Brab.)
Noorderlaan 133
2030 Antwerpen
Active since 1 January 2004
Rue Saint-Exupéry 26
4460 Grâce-Hollogne
Active since 1 January 2004
Havinkbeekstraat(VER) 14
9130 Beveren-Kruibeke-Zwijndrecht
Active since 31 July 2024
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
- 0477.291.072
- VAT number
- BE 0477.291.072
- Registered office
- Bedrijvenzone Machelen-Cargo 719, 1830 Machelen (Brab.)
- Names & denominations
- EV Cargo Global Forwarding · FAST FORWARD FREIGHT BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 2002
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Logistieke diensten
Vervoersbemiddeling
Overige vervoerondersteunende activiteiten
Goederenvervoer over de weg