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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
HBL LOGISTICS from Pecq, company number BE0895865274, closed financial year 2025 with a result of € 23,035 after tax. For that financial year HBL LOGISTICS recorded a gross margin of € 23,752 and equity of € -20,814. Compared with financial year 2024, the result moved from € 16,469 to € 23,035. 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 May 28, 2026.
€ -20,814
▲ € 23,035 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,035
▲ 40% vs 2024
Profit after tax over the fiscal year.
€ 24,037
▲ € 18,344 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 € -39,414.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,348
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 768
▼ 62% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 45,338 | € 15,526 | € 16,964 | € 23,752 | ▲ 40% |
| Profit after taxes | € 45,725 | € 14,757 | € 16,469 | € 23,035 | ▲ 40% |
| Equity | € -75,076 | € -60,318 | € -43,849 | € -20,814 | ▲ € 23,035 |
| Total debts | € 116,006 | € 81,029 | € 61,399 | € 62,077 | ▲ 1% |
| Cash | € 26,502 | € 9,681 | € 5,693 | € 24,037 | ▲ € 18,344 |
| Retained profit | € -93,676 | € -78,918 | € -62,449 | € -39,414 | ▲ € 23,035 |
| Balance sheet total | € 40,930 | € 20,711 | € 17,550 | € 41,263 | ▲ 135% |
Key figures of HBL 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 HBL LOGISTICS?
What happened at HBL LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,035 (▲ 40% vs 2024). Source: NBB ↗
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,725 profit in 2022 to € 23,035 profit in 2025.
Best year ever: 2022, with € 45,725 profit.
Management
Behind HBL LOGISTICS is Korneel Baekelandt. Korneel Baekelandt is also behind INBV and BAVAR.
Establishments
Establishment units
Physical locations of this company
Rue du Village(ESQ) 11
7743 Pecq
Rue du Mont des Carliers(BL) 30
7522 Tournai
Active since 26 February 2008
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.
Details
- Company number
- 0895.865.274
- VAT number
- BE 0895.865.274
- Registered office
- Rue du Village(ESQ) 11, 7743 Pecq
- Names & denominations
- HBL LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2008
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Logistieke diensten
Overige vervoerondersteunende activiteiten
Personenvervoer over de weg zonder dienstregeling
Overige persoonlijke diensten
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Overig personenvervoer te land, n.e.g.