ACTIVE

BF-LOGISTICS

Financial year 2025 · Closed on 31/12/2025

Net result1,2 k €-82,3 %over 1 year

Gross margin245,4 k €+2,5 %over 1 year

Equity1,3 M €-4,6 %over 1 year

Identity

Source · BCE/KBO

BF-LOGISTICS is a Public limited company incorporated in 2012. Its main activity is: Activities of head offices. Its registered office is in Herve.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0845.221.970
Incorporation: 13/04/2012
Legal form: Public limited company
Registered office: Rue de Chesseroux 13
4651 Herve · WallonieSee on map
Contributed capital: 109 432,35 €
Latest accounts: 31/12/2025

Activities (NACE)

70100Activities of head offices· main 70100Activities of head offices 63100Data processing, hosting and related activities; web portals 63110Data processing, hosting and related activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	245,4 k €	+2.5%	239,3 k €	+25.5%	190,7 k €	+24.9%	152,7 k €	-80.1%	768,9 k €
EBITDA	208,2 k €	+2.6%	202,9 k €	+29.8%	156,3 k €	+29.0%	121,2 k €	-83.4%	731,8 k €
Operating result	7,9 k €	-3.3%	8,2 k €	-71.6%	28,9 k €	+133%	12,4 k €	-97.9%	590,3 k €
Net result	1,2 k €	-82.3%	6,9 k €	-78.2%	31,6 k €	+38.2%	22,9 k €	-94.9%	447,1 k €
Balance sheet
Equity	1,3 M €	-4.6%	1,4 M €	-3.7%	1,5 M €	+0.1%	1,4 M €	-1.5%	1,5 M €
Total assets	3,3 M €	-11.7%	3,7 M €	-5.6%	4 M €	+2.8%	3,9 M €	-3.5%	4 M €
Cash	1,4 k €	-94.4%	24,5 k €	-34.0%	37,1 k €	+104%	18,2 k €	-76.8%	78,7 k €
Debts	1,9 M €	-15.6%	2,2 M €	-6.1%	2,4 M €	+5.4%	2,3 M €	-4.6%	2,4 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ZAWAK CONSULTING0897.289.689Represented by Cédric GRUTMAN	Managing director16/12/2016 → 12/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Séverine Gohy	Director31/07/2019 → 2023 accounts
BERNARD GRUTMAN	Director13/04/2012 → 2017 accounts

Other companies at this address

Rue de Chesseroux 13 4651 Herve

Company	CBE no.
BATIDAL● Active	0416.683.591
BATIFEDER Groupe S.A.● Active	0466.790.130
BERNARD GROUP● Active	0500.763.587
ENTREPRISES L. HUTSCHEMACKERS● Active	0452.987.921

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	30/06/2026	27/06/2025	04/07/2024	07/07/2023	18/10/2022	30/06/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	30/06/2023	10/10/2022	12/06/2021
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, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/06/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	19/06/2025	27/06/2025	French	PDF
Abridged model	31/12/2023	20/06/2024	04/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	07/07/2023	French	PDF
Abridged modelCorrection	31/12/2021	10/10/2022	18/10/2022	French	PDF
Abridged model	31/12/2021	11/06/2022	07/07/2022	French	PDF
Abridged model	31/12/2020	12/06/2021	30/06/2021	French	PDF
Abridged model	31/12/2019	24/07/2020	31/07/2020	French	PDF
Abridged model	31/12/2018	26/06/2019	29/07/2019	French	PDF
Abridged model	31/12/2017	09/06/2018	18/07/2018	French	PDF
Abridged model	31/12/2016	09/06/2017	28/06/2017	French	PDF
Abridged model	31/12/2015	11/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	13/06/2015	22/07/2015	French	PDF
Abridged model	31/12/2013	14/06/2014	24/08/2014	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ZAWAK CONSULTING0897.289.689Represented by Cédric GRUTMAN	Managing director16/12/2016 → 12/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Séverine Gohy	Director31/07/2019 → 2023 accounts
BERNARD GRUTMAN	Director13/04/2012 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/12/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office06/01/2023
SIEGE SOCIAL
PDF
Mandates23/08/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates25/04/2017
Nomination administrateur 7?
PDF
Capital / shares03/01/2013
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Restructuring10/07/2012
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other17/04/2012
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

Filings12 filings

Mandates

ZAWAK CONSULTING

Séverine Gohy

ENTREPRISES L. HUTSCHEMACKERS

BERNARD GRUTMAN

201220132014201520162017201820192020202120222023202420252026202720282029

BF-LOGISTICS

Rue de Chesseroux 13, 4651 Battice

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de Chesseroux 13, 4651 BatticeCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00234411
Rue Longue Haie 31, 4650 Herve	accounts 2021	Accounts 2021 · 2022-20469430

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BF-LOGISTICSCurrent	accounts 2014 → 2025	Accounts 2025 · 2026-00234411

Events

2025
Annual accounts 20251,2 k €↓
2024
Annual accounts 20246,9 k €↓
2023
Annual accounts 202331,6 k €↑
2022
Annual accounts 202222,9 k €↓
2021
Annual accounts 2021447,1 k €↑
2020
Annual accounts 202035 k €↑
2019
Annual accounts 2019-13,9 k €↓
2018
Annual accounts 201813,6 k €↑
2017
Annual accounts 2017-6,8 k €↓
2016
Annual accounts 20162,1 k €↑
2015
Annual accounts 2015-7,3 k €↑
2014
Annual accounts 2014-25,5 k €
13/04/2012
IncorporationPublic limited company

BF-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