ACTIVE

HARGO LOGISTICS

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Financial year 2025 · Closed on 31/12/2025

Net result1 M €+131,5 %over 1 year

Gross margin3,2 M €+41,0 %over 1 year

Equity1,9 M €+113,0 %over 1 year

Workforce18,5 ETP-36,0 %over 1 year

Identity

Source · BCE/KBO

HARGO LOGISTICS is a Private limited company incorporated in 1999. Its main activity is: Warehousing and storage. Its registered office is in Antwerpen. It employs on average 18,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0468.835.048
Incorporation: 24/12/1999
Legal form: Private limited company
Registered office: Scheldelaan 8 box D
2030 Antwerpen · FlandreSee on map
Contributed capital: 25 700,00 €
Latest accounts: 31/12/2025
Average workforce: 18,5 ETP

Activities (NACE)

52100Warehousing and storage· main 52100Warehousing and storage 52250Support activities for transportation 52290Other transportation support activities 63122Web portals 63406Information service activities+3

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 23 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,2 M €	+41.0%	2,3 M €	+18.3%	1,9 M €	+15.0%	1,7 M €	+16.1%	1,5 M €
EBITDA	1,7 M €	+82.6%	949,7 k €	+118%	435,5 k €	+39.2%	312,9 k €	+14.3%	273,7 k €
Operating result	1,4 M €	+122%	648,6 k €	+358%	141,7 k €	+71.0%	82,9 k €	+121%	37,5 k €
Net result	1 M €	+131%	432,5 k €	+617%	60,3 k €	+105%	29,4 k €	+74.9%	16,8 k €
Balance sheet
Equity	1,9 M €	+113%	885,6 k €	+95.4%	453,2 k €	+15.4%	392,8 k €	+8.1%	363,4 k €
Total assets	4,7 M €	+20.4%	3,9 M €	+2.3%	3,8 M €	-10.2%	4,3 M €	+32.4%	3,2 M €
Cash	974,3 k €	+238%	288 k €	+155%	112,9 k €	-16.2%	134,6 k €	+38.9%	96,9 k €
Debts	2,7 M €	-11.0%	3 M €	-9.8%	3,4 M €	-12.3%	3,8 M €	+34.9%	2,9 M €
Other
Workforce	18,5 ETP	-36.0%	28,9 ETP	-14.0%	33,6 ETP	-5.6%	35,6 ETP	+12.7%	31,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MICLU0840.720.972Represented by Ludo Michielsen	Administrator - managerManager2011 accountsended
OLIFRA0678.599.528Represented by Magali BAEKELMANS	Administrator - managerManager2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alfons Harman	Director2006 accountsManager2010 accounts
Raiffinvest NVRepresented by Yves Bienfet	Manager2017 accounts
RBV CONSULTING0632.925.889Represented by Rudi Verberck	Manager2016 accounts

Other companies at this address

Scheldelaan 8 2030 Antwerpen

Company	CBE no.
Kaai 373● Active	0738.551.565
SAYBOLT BELGIUM● Active	0463.727.603
THREADLINE BELGIUM● Active	0895.819.546
VIJFDE HAVENDOK● Active	0465.991.067

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	05/06/2026	29/07/2024	26/07/2023	28/07/2022	10/09/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 23 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	30/07/2026	Dutch	PDF
Abridged modelCorrection	31/12/2024	04/06/2025	05/06/2026	Dutch	PDF
Abridged modelCorrection	31/12/2024	04/06/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2024	04/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	29/07/2024	Dutch	PDF
Abridged model	31/12/2022	07/06/2023	26/07/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	28/07/2022	Dutch	PDF
Abridged modelCorrection	31/12/2020	02/06/2021	10/09/2021	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	03/06/2020	31/07/2020	Dutch	PDF
Abridged model	31/12/2018	05/06/2019	01/10/2019	Dutch	PDF
Abridged model	31/12/2017	06/06/2018	27/09/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	26/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	18/08/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	16/07/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	03/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MICLU0840.720.972Represented by Ludo Michielsen	Administrator - managerManager2011 accountsended
OLIFRA0678.599.528Represented by Magali BAEKELMANS	Administrator - managerManager2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alfons Harman	Director2006 accountsManager2010 accounts
Raiffinvest NVRepresented by Yves Bienfet	Manager2017 accounts
RBV CONSULTING0632.925.889Represented by Rudi Verberck	Manager2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other29/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates15/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/04/2017
Benoeming
PDF
Registered office28/12/2016
Wijziging maatschappelijke zetel
PDF
Mandates22/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2012
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

OLIFRA

MICLU

RBV CONSULTING

Raiffinvest NV

Alfons Harman

Yves Bienfet

1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

HARGO LOGISTICS

Scheldelaan 8 bte D, 2030 Antwerp-2030

Administrator - manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Scheldelaan 8 bte D, 2030 Antwerp-2030Current	accounts 2021 → 2025	Accounts 2025 · 2026-00353507

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
HARGO LOGISTICSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00353507

Events

2025
Annual accounts 20251 M €↑
2024
Annual accounts 2024432,5 k €↑
2023
Annual accounts 202360,3 k €↑
2022
Annual accounts 202229,4 k €↑
2021
Annual accounts 202116,8 k €↑
2020
Annual accounts 20209,9 k €↑
2019
Annual accounts 20196 k €↓
2018
Annual accounts 201816,6 k €↑
2017
Annual accounts 20177,9 k €↑
2016
Annual accounts 20163,4 k €↑
2015
Annual accounts 2015554,6 €↓
2014
Annual accounts 20141 k €↑
2013
Annual accounts 2013550 €↑
2012
Annual accounts 2012-24,6 k €↓
2011
Annual accounts 201157,6 k €↓
2010
Annual accounts 2010107,6 k €↑
2009
Annual accounts 200958,2 k €↓
2008
Annual accounts 200864 k €↑
2007
Annual accounts 200755,9 k €↑
2006
Annual accounts 200646 k €
24/12/1999
IncorporationPrivate limited company

HARGO LOGISTICS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events