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 2023 and 2024.
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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
C.Y. Logistics from Grâce-Hollogne, company number BE0728515530, closed financial year 2024 with a result of € -73,676 after tax. For that financial year C.Y. Logistics recorded a gross margin of € 2.2 million and equity of € 1.9 million. Compared with financial year 2023, the result moved from € -808,855 to € -73,676. 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 September 26, 2025.
€ 1.9 million
▼ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -73,676
▲ 91 % less loss than in 2023
Profit after tax over the fiscal year.
€ 481,151
▲ 21% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.8 million.
People and assets in 2024
26.4
▼ 13 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 17% vs 2023
€ 64,400 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.
€ 251,002
▼ 23% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 299,772
▼ 8% vs 2023
€ 27,349 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 834,260
▼ 45% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 246,808
▼ 8% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 5,447,259 | € 5,683,202 | - | |
| Gross margin | € 3,647,392 | - | - | € 2,238,403 | |
| Profit after taxes | € 1,539,896 | € 146,163 | € -808,855 | € -73,676 | ▲ € 735,179 |
| Equity | € 2,644,948 | € 2,791,112 | € 1,982,256 | € 1,908,580 | ▼ 4% |
| Total debts | € 2,664,331 | € 1,799,392 | € 2,127,799 | € 1,515,538 | ▼ 29% |
| Cash | € 2,346,777 | € 1,825,518 | € 399,262 | € 481,151 | ▲ 21% |
| Land & buildings | € 624,411 | € 604,411 | € 584,411 | € 583,163 | |
| Retained profit | € 2,583,448 | € 2,729,612 | € 1,920,756 | € 1,847,080 | ▼ 4% |
| Bank debt | € 372,710 | € 348,845 | € 324,536 | € 299,772 | ▼ 8% |
| Balance sheet total | € 5,309,279 | € 4,590,503 | € 4,110,055 | € 3,424,118 | ▼ 17% |
| Employees (FTE) | 32 | 33 | 39.4 | 26.4 | ▼ 13 |
Key figures of C.Y. Logistics, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: loss of € 73,676. 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 € 1.5 million profit in 2021 to € 73,676 loss in 2024.
Paid € 616,990 in corporate taxes since 2021.
Best year ever: 2021, with € 1.5 million profit.
On average € 84,800 of value added per employee in 2024.
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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
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 2024 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 27 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
e-Origin
€ 675,378 gross margin · 2025
+22 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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