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 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HL Cargo from Rijkevorsel, company number BE0659961274, closed financial year 2025 with a result of € -1,647 after tax. For that financial year HL Cargo recorded a gross margin of € 30,050 and equity of € 16,641. Compared with financial year 2024, the result moved from € 3,155 to € -1,647. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ 16,641
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,647
▼ still € 3,155 profit in 2024
Profit after tax over the fiscal year.
€ 20,905
▲ € 16,797 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10,441.
People and assets in 2025
€ 42,780
▲ 123% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,848
▲ € 35,259 vs 2024
€ 6,086 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,455
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,067
▲ 67% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 184,230 | - | - | - | |
| Gross margin | € 38,122 | € 38,814 | € 32,355 | € 30,050 | ▼ 7% |
| Profit after taxes | € 118 | € 3,541 | € 3,155 | € -1,647 | ▼ € 4,802 |
| Equity | € 19,591 | € 23,132 | € 22,287 | € 16,641 | ▼ 25% |
| Total debts | € 54,528 | € 43,557 | € 23,644 | € 65,813 | ▲ 178% |
| Cash | € 169 | € 6,617 | € 4,108 | € 20,905 | ▲ € 16,797 |
| Retained profit | € 13,391 | € 16,932 | € 16,087 | € 10,441 | ▼ 35% |
| Dividend | € 0 | € 0 | € 4,000 | € 4,000 | |
| Bank debt | € 30,551 | € 30,889 | € 10,589 | € 45,848 | ▲ € 35,259 |
| Balance sheet total | € 74,119 | € 66,689 | € 45,931 | € 82,454 | ▲ 80% |
Key figures of HL 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 30 January 2027.
What happened to HL Cargo?
What happened at HL Cargo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,647 (▼ € 4,802 vs 2024). filed late Source: NBB ↗
- New establishment in Rijkevorsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 118 profit in 2022 to € 1,647 loss in 2025.
Paid € 5,670 in corporate taxes since 2022.
Best year ever: 2023, with € 3,541 profit.
Paid out € 8,000 in dividends to the owners in total.
Management
Behind HL Cargo are Kim Depauw and Guy Thijs.
Directors
According to the 2025 annual accounts
Kim Depauw
Director
Guy Thijs
Director
Establishments
Establishment units
Physical locations of this company
Potbergstraat 8
2310 Rijkevorsel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0659.961.274
- VAT number
- BE 0659.961.274
- Registered office
- Potbergstraat 8, 2310 Rijkevorsel
- Names & denominations
- HL Cargo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 2016
- Peppol
- Active · Active since 10 Oct 2025
- Activities · NACE
Goederenvervoer over de weg
Opslag
Overige zakelijke dienstverlening, neg