NORMAL SITUATION

Rhenus Logistics

Financial year 2023 · closed on 31/12/2023
Net result
1,1 M €
+163.3% YoY
Revenue
78,4 M €
-37.7% YoY
Equity
7,9 M €
-35.8% YoY
Workforce
47,3 ETP
-22.6% YoY

Company — Normal situation.

What does Rhenus Logistics do?

Rhenus Logistics is a company registered in Belgium. It employs on average 47,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.538.696
Legal form
Public limited company
Contributed capital
598 894,00 €
Latest accounts
31/12/2023
Average workforce
47,3 ETP
Joint committees (1)
  • 226
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202320222021202020192018201720162015201420122011201020092008
Income statement
Revenue78,4 M €126 M €67,3 M €66,7 M €81,5 M €87,1 M €90,5 M €101,4 M €101,9 M €93,2 M €107,9 M €115,5 M €141,4 M €121,6 M €144,2 M €
EBITDA1,1 M €1,5 M €1,2 M €116,6 k €994,9 k €1,3 M €1,8 M €1,9 M €2,2 M €2,4 M €2,2 M €2,9 M €3,9 M €1,9 M €1,3 M €
Operating result1 M €-1,5 M €1,2 M €-826,7 k €863,1 k €1,2 M €1,7 M €1,8 M €2,2 M €2,4 M €2,2 M €2,8 M €3,7 M €2,2 M €678,2 k €
Net result1,1 M €-1,7 M €891 k €-925 k €553,5 k €747,4 k €980,7 k €1,2 M €1,5 M €1,6 M €1,5 M €2 M €2,5 M €2,9 M €433,6 k €
Balance sheet
Equity7,9 M €12,4 M €15 M €14,1 M €15,5 M €15 M €15,2 M €14,3 M €14,1 M €12,6 M €10,4 M €9,5 M €8,6 M €7,9 M €5 M €
Total assets26,7 M €28,6 M €28,4 M €20,7 M €22,6 M €27,3 M €29,6 M €31,4 M €30,4 M €25,9 M €26,5 M €28,1 M €28,6 M €27,3 M €32,4 M €
Cash48,1 k €309,8 k €1,6 M €198,6 k €378,3 k €7,1 M €13 M €352,4 k €120,3 k €186,6 k €6,7 M €5,1 M €9 M €11,6 M €4,7 M €
Debts14,9 M €10 M €11,3 M €6,5 M €6,9 M €12,2 M €14,3 M €16,8 M €15,6 M €13,2 M €15,8 M €18,4 M €17,1 M €11 M €13,4 M €
Other
Workforce47,3 ETP61,1 ETP61,1 ETP56,7 ETP59,2 ETP62,0 ETP64,3 ETP69,7 ETP70,4 ETP68,7 ETP69,8 ETP70,1 ETP75,5 ETP80,9 ETP89,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 16 ended

Active mandates

Filip Van Kerchove

Managing director · since 21 juin 2022 · until 20 juin 2028

Active
Lieve Aps

Director · since 11 janvier 2021 · until 15 juin 2027

Active

Ended mandates

Luk Wuyts

Director · since 26 novembre 2019 · until 17 juin 2025

Ended
Hugo Geerts

Managing director · since 18 juin 2019 · until 18 juin 2024

Ended
Bart Van Rossen

Director · since 21 novembre 2016 · until 21 juin 2022

Ended
Filip Van Kerchove

Director · since 21 novembre 2016 · until 21 juin 2022

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/07/202426/06/202307/07/202217/06/202113/07/202025/06/2019
General meeting18/06/202420/06/202321/06/202215/06/202130/06/202018/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

48 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202318/06/202404/07/2024DutchPDF
Full model31/12/202220/06/202326/06/2023DutchPDF
Full model31/12/202121/06/202207/07/2022DutchPDF
Full model31/12/202015/06/202117/06/2021DutchPDF
Full model31/12/201930/06/202013/07/2020DutchPDF
Full model31/12/201818/06/201925/06/2019DutchPDF
Full model31/12/201719/06/201816/07/2018DutchPDF
Full model31/12/201620/06/201712/07/2017DutchPDF
Full model31/12/201521/06/201628/06/2016DutchPDF
Full model31/12/201416/06/201522/06/2015DutchPDF
Full model31/12/201317/06/201419/08/2014DutchPDF
Full model31/12/201218/06/201308/07/2013DutchPDF
Full model31/12/201119/06/201217/07/2012DutchPDF
Full model31/12/201021/06/201112/07/2011DutchPDF
Full model31/12/200915/06/201029/07/2010DutchPDF
Full model31/12/200816/06/200910/07/2009DutchPDF
Full model31/12/200722/04/200807/07/2008DutchPDF
Full model31/12/200619/06/200719/07/2007DutchPDF
Full model31/12/200520/06/200631/07/2006DutchPDF
Full model31/12/200421/06/200508/08/2005DutchPDF
Full model31/12/200315/06/200425/10/2004DutchPDF
Full model31/12/200217/06/200310/09/2003DutchPDF
Full model31/12/200118/06/200222/08/2002DutchPDF
Full model31/12/200015/05/200127/06/2001DutchPDF

View all 48 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 16 ended

Active mandates

Filip Van Kerchove

Managing director · since 21 juin 2022 · until 20 juin 2028

Active
Lieve Aps

Director · since 11 janvier 2021 · until 15 juin 2027

Active

Ended mandates

Luk Wuyts

Director · since 26 novembre 2019 · until 17 juin 2025

Ended
Hugo Geerts

Managing director · since 18 juin 2019 · until 18 juin 2024

Ended
Bart Van Rossen

Director · since 21 novembre 2016 · until 21 juin 2022

Ended
Filip Van Kerchove

Director · since 21 novembre 2016 · until 21 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution22/08/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/04/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates31/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/10/2009
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 20231,1 M €
  2. 2022
    Annual accounts 2022-1,7 M €
  3. 2021
    Annual accounts 2021891 k €
  4. 2020
    Annual accounts 2020-925 k €
  5. 2019
    Annual accounts 2019553,5 k €
  6. 2018
    Annual accounts 2018747,4 k €
  7. 2017
    Annual accounts 2017980,7 k €
  8. 2016
    Annual accounts 20161,2 M €
  9. 2015
    Annual accounts 20151,5 M €
  10. 2014
    Annual accounts 20141,6 M €
  11. 2012
    Annual accounts 20121,5 M €
  12. 2011
    Annual accounts 20112 M €
  13. 2010
    Annual accounts 20102,5 M €
  14. 2009
    Annual accounts 20092,9 M €
  15. 2008
    Annual accounts 2008433,6 k €