Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Late annual account NBB
Fiscal year 2024 was filed 376 days after the legal deadline.
Financials
Financial year 2024
FAR LOGISTICS from Antwerpen, company number BE0790190902, closed financial year 2024 with a result of € 44,964 after tax. For that financial year FAR LOGISTICS recorded a gross margin of € 381,890 and equity of € -266,642. Compared with financial year 2023, the result moved from € -316,606 to € 44,964. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2026.
€ -266,642
▲ € 44,964 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,964
▲ still € 316,606 loss in 2023
Profit after tax over the fiscal year.
€ 225,573
▲ 276% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -271,642.
People and assets in 2024
3.2
▲ 0.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 289,982
▲ 50% vs 2023
€ 90,600 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.
€ 6,169
▲ 76% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1 million
▲ 67% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,101
▲ € 14,738 vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € -54,815 | € 381,890 | ▲ € 436,705 |
| Profit after taxes | € -316,606 | € 44,964 | ▲ € 361,570 |
| Equity | € -311,606 | € -266,642 | ▲ € 44,964 |
| Total debts | € 1,173,821 | € 1,794,868 | ▲ 53% |
| Cash | € 60,016 | € 225,573 | ▲ 276% |
| Retained profit | € -316,606 | € -271,642 | ▲ € 44,964 |
| Balance sheet total | € 862,215 | € 1,528,226 | ▲ 77% |
| Employees (FTE) | 2.5 | 3.2 | ▲ 0.7 |
Key figures of FAR LOGISTICS, fiscal years 2023 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 FAR LOGISTICS?
What happened at FAR LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 44,964. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
- Maxime Heylen became a director. NBB
- Simon Boucher became a director. NBB
- Liam McGonagle became a director. NBB
In short
From € 316,606 loss in 2023 to € 44,964 profit in 2024.
Best year ever: 2024, with € 44,964 profit.
On average € 119,300 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
The stake of BeGlobal Consultancy comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FAR LOGISTICSBehind FAR LOGISTICS are Maxime Heylen, Simon Boucher and Liam McGonagle. The shares are held by BeGlobal Consultancy (10%).
Directors
According to the 2024 annual accounts
since 2022
Simon Boucher
Director
since 2022
Liam McGonagle
Director
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Jordaenskaai 23
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
farlogistics.co.uk
Registered
2012-10-08
Registrar
Cloudflare, Inc.
Expires
2026-10-08
Website info
Features
Security
Network
Details
- Company number
- 0790.190.902
- VAT number
- BE 0790.190.902
- Registered office
- Jordaenskaai 23, 2000 Antwerpen
- Names & denominations
- FAR LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 2022
- Peppol
- Active · Active since 27 Feb 2026
- Contact
- farlogistics.co.uk
- Activities · NACE
Logistieke diensten
Overige vervoerondersteunende activiteiten
Goederenvervoer over de weg
Goederenvervoer over zee- en kustwateren