Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 9.9 to 8.
Financials
Financial year 2025
LIEGE LOGISTICS INTERMODAL from Liège, company number BE0477584547, closed financial year 2025 with a result of € 44,407 after tax. For that financial year LIEGE LOGISTICS INTERMODAL recorded revenue of € 1.5 million and equity of € 702,351. Compared with financial year 2024, the result moved from € 308,657 to € 44,407. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 702,351
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,407
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 563,809
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
8
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 547,911
€ 68,500 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.
€ 576,257
▲ 185% vs 2024
Of which on lease € 569,603.
Debts at end 2025
€ 565,464
▲ 263% vs 2024
€ 191,693 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 41,649
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.
€ 115,119
▲ 45% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,136,945 | € 1,472,662 | € 1,813,801 | € 1,507,878 | ▼ 17% |
| Profit after taxes | € 13,208 | € 2,008 | € 308,657 | € 44,407 | ▼ 86% |
| Equity | € 830,170 | € 727,923 | € 1,001,633 | € 702,351 | ▼ 30% |
| Total debts | € 752,653 | € 598,964 | € 330,930 | € 1,022,232 | ▲ 209% |
| Cash | € 450,630 | € 393,006 | € 295,646 | € 563,809 | ▲ 91% |
| Land & buildings | € 12,089 | € 15,832 | € 12,296 | € 51,220 | ▲ € 38,923 |
| Retained profit | € 334,863 | € 136,871 | € 445,529 | € 189,935 | ▼ 57% |
| Dividend | € 200,000 | € 200,000 | € 0 | € 300,000 | |
| Bank debt | € 332,081 | € 240,678 | € 155,770 | € 565,464 | ▲ 263% |
| Balance sheet total | € 1,583,001 | € 1,326,887 | € 1,332,563 | € 1,724,583 | ▲ 29% |
| Employees (FTE) | 10.9 | 9.9 | 8.7 | 8 | ▼ 0.7 |
Key figures of LIEGE LOGISTICS INTERMODAL, 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 LIEGE LOGISTICS INTERMODAL?
What happened at LIEGE LOGISTICS INTERMODAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Johan GEMELS stepped down as director. NBB
- Nicolas LIMBIOUL stepped down as director. NBB
- TERCOFIN SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 44,407 (▼ 86% vs 2024). Source: NBB ↗
- Johan GEMELS became a director. NBB
- Nicolas LIMBIOUL became a director. NBB
- TERCOFIN SA became a director. NBB
- New establishment in Grâce-Hollogne. KBO
In short
From € 13,208 profit in 2022 to € 44,407 profit in 2025.
Paid € 120,778 in corporate taxes since 2022.
Best year ever: 2024, with € 308,657 profit.
Paid out € 700,000 in dividends to the owners in total.
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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 TERCOFIN, Liege airport comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LIEGE LOGISTICS INTERMODALThe shares are held by TERCOFIN (90%) and Liege airport (10%).
Directors
According to the 2025 annual accounts
Johan GEMELS
Director
Also active at: CLECAT (European Association for Forwarding, Transport, Logistics and Customs Services), REGINA B., EUROMETROPORTS, TRANSPORT FLUVIAL DE CONTENEURS, TERCOFIN, TERCOFIN BARGING, DP World Liège, LIEGE CONTAINER TERMINAL +1 more
since 2023 · until 2029
Nicolas LIMBIOUL
Director
Also active at: Société Industrielle de Renory, TRANSPORT FLUVIAL DE CONTENEURS, TERCOFIN, LIBACHOT, TERCOFIN BARGING
since 2023 · until 2029
Managing director · represented by Vincent BRASSINNE
Also active at: TRANSPORT FLUVIAL DE CONTENEURS, TERCOFIN BARGING
since 2023 · until 2029
Shareholders
90%
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Renory 501A
4031 Liège
Rue de l'Aéropostale 25
4460 Grâce-Hollogne
Active since 4 June 2002
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.584.547
- VAT number
- BE 0477.584.547
- Registered office
- Rue de Renory 501A, 4031 Liège
- Names & denominations
- LIEGE LOGISTICS INTERMODAL · L.L.I.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 2002
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Overige vrachtbehandeling, exclusief in zeehavens
Overige vrachtbehandeling
Goederenvervoer over de weg
Logistieke diensten
Goederenvervoer per spoor
Onderhoud en reparatie van motorvoertuigen, neg
Overige vervoerondersteunende activiteiten
Onderhoud en reparatie van motorvoertuigen, n.e.g.