What does XS Logistics do?

XS Logistics is a road haulage company in Rijkevorsel. Private Limited, started on 6 March 2020, 1 establishment.

What is the address of XS Logistics?

The registered office of XS Logistics is located at Merksplassesteenweg 97 box 4, 2310 Rijkevorsel.

Is XS Logistics still active?

Yes. According to the CBE (29 October 2026) XS Logistics is active, legal situation “Normale toestand”, started on 6 March 2020.

Is XS Logistics registered on Peppol?

Yes, XS Logistics is registered on the Peppol network with ID 0208:0744802127.

What is the enterprise number of XS Logistics?

The enterprise number of XS Logistics is BE0744802127.

When was XS Logistics founded?

XS Logistics was founded on 6 March 2020.

Who are the directors of XS Logistics?

According to the 2025 annual accounts, the directors of XS Logistics are: Jan Michielsen, Alfons Michielsen.

Is XS Logistics a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 March 2020; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did XS Logistics make in 2025?

XS Logistics posted a profit after taxes of € 1,366 in financial year 2025.

What is the revenue of XS Logistics?

In its most recent annual accounts (2025), XS Logistics reported revenue of € 57,000.

XS Logistics (Private Limited) - Rijkevorsel

Dossier XS Logistics, printed on 29 October 2026 from databakkes.be/en/0744802127/xs-logistics. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 5 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

XS Logistics from Rijkevorsel, company number BE0744802127, closed financial year 2025 with a result of € 1,366 after tax. For that financial year XS Logistics recorded revenue of € 57,000 and equity of € 12,500. Compared with financial year 2024, the result moved from € 5,770 to € 1,366. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 9, 2026.

What it is worth Growing

€ 12,500

▲ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1,366

▼ 76% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,125

▼ 88% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2,500.

People and assets in 2025

Vehicles and equipment

€ 13,958

▼ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 227,545

▼ 10% vs 2024

€ 26,279 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 1,570

▲ 197% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 2,951

▲ 33% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	-	€ 57,000 Revenue 2025: € 57,000 First fiscal year in the series
Gross margin	€ 24,051 Gross margin 2022: € 24,051 First fiscal year in the series	€ 28,141 Gross margin 2023: € 28,141 ▲ 17% vs 2022 (€ 24,051) Favourable step	€ 38,525 Gross margin 2024: € 38,525 ▲ 37% vs 2023 (€ 28,141) Favourable step	€ 48,973 Gross margin 2025: € 48,973 ▲ 27% vs 2024 (€ 38,525) Favourable step	▲ 27%
Profit after taxes	€ 387 Profit after taxes 2022: € 387 First fiscal year in the series	€ 434 Profit after taxes 2023: € 434 ▲ 12% vs 2022 (€ 387) Favourable step	€ 5,770 Profit after taxes 2024: € 5,770 ▲ € 5,337 vs 2023 (€ 434) Favourable step	€ 1,366 Profit after taxes 2025: € 1,366 ▼ 76% vs 2024 (€ 5,770) Unfavourable step	▼ 76%
Equity	€ 4,930 Equity 2022: € 4,930 First fiscal year in the series	€ 5,363 Equity 2023: € 5,363 ▲ 9% vs 2022 (€ 4,930) Favourable step	€ 11,134 Equity 2024: € 11,134 ▲ 108% vs 2023 (€ 5,363) Favourable step	€ 12,500 Equity 2025: € 12,500 ▲ 12% vs 2024 (€ 11,134) Favourable step	▲ 12%
Total debts	€ 485,604 Total debts 2022: € 485,604 First fiscal year in the series	€ 488,671 Total debts 2023: € 488,671 ▲ 1% vs 2022 (€ 485,604) Unfavourable step	€ 459,858 Total debts 2024: € 459,858 ▼ 6% vs 2023 (€ 488,671) Favourable step	€ 417,800 Total debts 2025: € 417,800 ▼ 9% vs 2024 (€ 459,858) Favourable step	▼ 9%
Cash	€ 19,134 Cash 2022: € 19,134 First fiscal year in the series	€ 9,580 Cash 2023: € 9,580 ▼ 50% vs 2022 (€ 19,134) Unfavourable step	€ 9,716 Cash 2024: € 9,716 ▲ 1% vs 2023 (€ 9,580) Favourable step	€ 1,125 Cash 2025: € 1,125 ▼ 88% vs 2024 (€ 9,716) Unfavourable step	▼ 88%
Land & buildings	€ 471,113 Land & buildings 2022: € 471,113 First fiscal year in the series	€ 453,336 Land & buildings 2023: € 453,336 ▼ 4% vs 2022 (€ 471,113) Unchanged	€ 438,944 Land & buildings 2024: € 438,944 ▼ 3% vs 2023 (€ 453,336) Unchanged	€ 404,353 Land & buildings 2025: € 404,353 ▼ 8% vs 2024 (€ 438,944) Unchanged	▼ 8%
Retained profit	€ -5,070 Retained profit 2022: € -5,070 First fiscal year in the series	€ -4,637 Retained profit 2023: € -4,637 ▲ € 434 vs 2022 (€ -5,070) Favourable step	€ 1,134 Retained profit 2024: € 1,134 ▲ € 5,770 vs 2023 (€ -4,637) Favourable step	€ 2,500 Retained profit 2025: € 2,500 ▲ 120% vs 2024 (€ 1,134) Favourable step	▲ 120%
Bank debt	€ 277,070 Bank debt 2022: € 277,070 First fiscal year in the series	€ 280,501 Bank debt 2023: € 280,501 ▲ 1% vs 2022 (€ 277,070) Unfavourable step	€ 253,055 Bank debt 2024: € 253,055 ▼ 10% vs 2023 (€ 280,501) Favourable step	€ 227,545 Bank debt 2025: € 227,545 ▼ 10% vs 2024 (€ 253,055) Favourable step	▼ 10%
Balance sheet total	€ 490,534 Balance sheet total 2022: € 490,534 First fiscal year in the series	€ 494,034 Balance sheet total 2023: € 494,034 ▲ 1% vs 2022 (€ 490,534) Unchanged	€ 470,992 Balance sheet total 2024: € 470,992 ▼ 5% vs 2023 (€ 494,034) Unchanged	€ 430,300 Balance sheet total 2025: € 430,300 ▼ 9% vs 2024 (€ 470,992) Unchanged	▼ 9%

Key figures of XS 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 30 January 2027.

What happened to XS Logistics?

What happened at XS Logistics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Feb 9, 2026 New annual accounts for financial year 2025: profit of € 1,366 (▼ 76% vs 2024). filed late Source: NBB ↗
Mar 6, 2020 New establishment in Rijkevorsel. KBO
Mar 6, 2020 Start of the company according to the CBE. KBO

In short

From € 387 profit in 2022 to € 1,366 profit in 2025.

Paid € 250 in corporate taxes since 2022.

Best year ever: 2024, with € 5,770 profit.

Original PDFs at the National Bank ↗

Management

Jan Michielsen Alfons Michielsen

XS-CARGO

XS Logistics

Behind XS Logistics are Jan Michielsen and Alfons Michielsen. Jan Michielsen is also behind XS-CARGO.

Directors

According to the 2025 annual accounts

Jan Michielsen

Director

Also active at: XS-CARGO

Alfons Michielsen

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Merksplassesteenweg 97 box 4

2310 Rijkevorsel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

XS-CARGO same network

€ 744,353 gross margin · 2025

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€ 224,736 gross margin · 2025

PNI Projects

€ 346,737 gross margin · 2025

27 On The Road

€ 937,153 gross margin · 2025

VERENIGING VAN MEDE-EIGENAARS VAN HET GEBOUW TE 2310 RIJKEVORSEL MERKSPLASSESTEENWEG 97 BEDRIJVENPARK VRIJKENSHEIDE II

+3 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

0744.802.127

VAT number

BE 0744.802.127

Registered office

Merksplassesteenweg 97 bus 4, 2310 Rijkevorsel

Names & denominations

XS Logistics

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

6 March 2020

Peppol

Active · Active since 13 Oct 2025

Activities · NACE

Goederenvervoer over de weg

Goederenvervoer over binnenwateren

Goederenvervoer over zee- en kustwateren

Overige vrachtbehandeling, exclusief in zeehavens

Logistieke diensten

Goederenvervoer per spoor

Opslag

Verhuisactiviteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

XS Logistics

Warning lights

Financials

What happened to XS Logistics?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions