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.
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Shrinking team NBB
FTE fell two years in a row, from 39.4 to 24.8.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
C.Y. Logistics from Grâce-Hollogne, company number BE0728515530, closed financial year 2025 with a result of € -162,453 after tax. For that financial year C.Y. Logistics recorded a gross margin of € 1.5 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -73,676 to € -162,453. The company made a loss. 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 October 13, 2026.
€ 1.7 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -162,453
▼ 120 % more loss than in 2024
Profit after tax over the fiscal year.
€ 271,399
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.7 million.
People and assets in 2025
24.8
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 21% vs 2024
€ 53,800 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.
€ 153,415
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 274,549
▼ 8% vs 2024
€ 27,859 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 500,647
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 491,641
▲ 99% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,447,259 | € 5,683,202 | - | - | |
| Gross margin | - | - | € 2,238,403 | € 1,531,890 | ▼ 32% |
| Profit after taxes | € 146,163 | € -808,855 | € -73,676 | € -162,453 | ▼ € 88,777 |
| Equity | € 2,791,112 | € 1,982,256 | € 1,908,580 | € 1,746,127 | ▼ 9% |
| Total debts | € 1,799,392 | € 2,127,799 | € 1,515,538 | € 1,403,895 | ▼ 7% |
| Cash | € 1,825,518 | € 399,262 | € 481,151 | € 271,399 | ▼ 44% |
| Land & buildings | € 604,411 | € 584,411 | € 583,163 | € 559,264 | ▼ 4% |
| Retained profit | € 2,729,612 | € 1,920,756 | € 1,847,080 | € 1,684,627 | ▼ 9% |
| Bank debt | € 348,845 | € 324,536 | € 299,772 | € 274,549 | ▼ 8% |
| Balance sheet total | € 4,590,503 | € 4,110,055 | € 3,424,118 | € 3,150,022 | ▼ 8% |
| Employees (FTE) | 33 | 39.4 | 26.4 | 24.8 | ▼ 1.6 |
Key figures of C.Y. Logistics, 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 C.Y. Logistics?
What happened at C.Y. Logistics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 162,453. filed late Source: NBB ↗
- VAN HERCK MANAGEMENT BV BV became a director. NBB
- YNYY MANAGEMENT SRL BVBA BVBA became a director. NBB
- New establishment in Grâce-Hollogne. KBO
- Start of the company according to the CBE. KBO
In short
From € 146,163 profit in 2022 to € 162,453 loss in 2025.
Paid € 76,773 in corporate taxes since 2022.
Best year ever: 2022, with € 146,163 profit.
On average € 61,800 of value added per employee in 2025.
Management
Behind C.Y. Logistics are YNYY MANAGEMENT SRL BVBA BVBA and VAN HERCK MANAGEMENT BV BV. YNYY MANAGEMENT SRL BVBA BVBA is also behind Happie Logistics and SKALIA.
Directors
According to the 2025 annual accounts
Director · represented by ERGINBAS YUSUF
Also active at: Happie Logistics, SKALIA
since 2020
Director · represented by VAN HERCK CHRISTOPH SERGE
since 2024
Establishments
Establishment units
Physical locations of this company
Rue Saint-Exupéry 17 box b
4460 Grâce-Hollogne
Rue Saint-Exupéry 17b
4460 Grâce-Hollogne
Active since 14 June 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →ELO CARGO
€ 277,316 gross margin · 2025
Flyfresh
€ -240,109 gross margin · 2023
KASAe
CARGO PLUS
€ 323,897 gross margin · 2025
NV CARGO
€ 727,268 gross margin · 2025
+24 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
- 0728.515.530
- VAT number
- BE 0728.515.530
- Registered office
- Rue Saint-Exupéry 17 bus b, 4460 Grâce-Hollogne
- Names & denominations
- C.Y. Logistics · C.Y.L.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2019
- Peppol
- Active · Active since 26 Sept 2025
- Activities · NACE
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