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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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ECS LOGISTICS GROUP from Brugge, company number BE0779311856, closed financial year 2025 with a result of € 2.9 million after tax. For that financial year ECS LOGISTICS GROUP recorded revenue of € 27.1 million and equity of € 198.3 million. Compared with financial year 2024, the result moved from € 95.5 million to € 2.9 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ 198.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.9 million
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 898,948
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 89.8 million.
People and assets in 2025
11.1
▲ 8.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 281% vs 2024
€ 103,000 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.
€ 121.8 million
▲ 1% vs 2024
Of which on lease € 115 million.
Debts at end 2025
€ 148.9 million
▼ 2% vs 2024
€ 11.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 1.4 million
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 238 days on average.
€ 335,726
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,306,976 | € 20,499,279 | € 27,110,785 | ▲ 32% |
| Profit after taxes | € -9,555,209 | € 982,742 | € 95,461,174 | € 2,899,212 | ▼ 97% |
| Equity | € 98,964,791 | € 99,947,533 | € 195,408,707 | € 198,307,918 | ▲ 1% |
| Total debts | € 119,559,707 | € 84,854,516 | € 177,381,615 | € 172,320,561 | ▼ 3% |
| Cash | € 24,499 | € 590,867 | € 940,969 | € 898,948 | ▼ 4% |
| Land & buildings | - | - | € 53,612,876 | € 52,747,064 | ▼ 2% |
| Retained profit | € -9,555,209 | € -8,572,467 | € 86,888,707 | € 89,787,918 | ▲ 3% |
| Bank debt | € 77,080,292 | € 62,187,704 | € 151,919,862 | € 148,853,410 | ▼ 2% |
| Balance sheet total | € 218,524,499 | € 184,802,049 | € 375,297,203 | € 372,976,889 | ▼ 1% |
| Employees (FTE) | - | - | 2.8 | 11.1 | ▲ 8.3 |
Key figures of ECS LOGISTICS GROUP, 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 ECS LOGISTICS GROUP?
What happened at ECS LOGISTICS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Leporium BV stepped down as director. NBB
- LVW Int. BV stepped down as director. NBB
- Inge Boets BV stepped down as director. NBB
- Trabea BV stepped down as director. NBB
- Chrimarc BV stepped down as director. NBB
- Ceawind BV stepped down as director. NBB
- KuPiCo BV stepped down as director. NBB
- Levannte Comm V stepped down as director. NBB
In short
From € 9.6 million loss in 2022 to € 2.9 million profit in 2025.
Paid € 327,013 in corporate taxes since 2022.
Best year ever: 2024, with € 95.5 million profit.
Management
It owns 100% of ECS Corporate itself.
Directors
According to the 2025 annual accounts
Director · represented by Dirk Lannoo
Also active at: FILLIERS DISTILLERY, Ouverture Invest, SPECIAL FRUIT, 2XL, FILLIERS & FILLIERS, LIBERTY INVEST, DOSSCHE INVEST, Mago Holding +8 more
· until 2028
Director · represented by Christine De Dijcker
Also active at: DD trans, ECS EUROPEAN CONTAINERS, 2XL, ECS corporate, ECS technics, STELLEDIJK, WIELINGENDIJK
· until 2027
Chairman of the board · represented by Bart De Smet
Also active at: De Eik, Regionaal Ziekenhuis Heilig Hart Leuven, AUTOMOTIVE & MOBILITY INVEST, WEERTS GROUP, ECS corporate
· until 2027
· until 2027
· until 2027
Managing director · represented by Richard de Haas
· until 2029
Director · represented by Ann Caluwaerts
Also active at: Interuniversitair Micro-Electronica Centrum, IMEC International
· until 2027
· until 2026
· until 2028
Establishments
Establishment units
Physical locations of this company
Baron de Maerelaan 155
8380 Brugge
Karveelstraat 3
8380 Brugge
Active since 1 August 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0779.311.856
- VAT number
- BE 0779.311.856
- Registered office
- Baron de Maerelaan 155, 8380 Brugge
- Names & denominations
- ECS LOGISTICS GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en lease van vrachtwagens
Activiteiten van holdings
Holdings