ACTIVE

Xwift Logistics

Financial year 2024 · closed on 31/12/2024
Net result
-39,1 k €
+90.1% YoY
Gross margin
45 k €
-75.6% YoY
Equity
576,1 k €
-13.5% YoY

What does Xwift Logistics do?

Xwift Logistics is a Private limited company incorporated in 2004. Its main activity is: Cargo handling. Its registered office is in Lokeren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0866.536.830
Incorporation
27/07/2004
Legal form
Private limited company
Registered office
Dijkstraat 10
9160 Lokeren · FlandreSee on map
Contributed capital
112 000,00 €
Latest accounts
31/12/2024
Signals
Solid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin45 k €184,5 k €176 k €184,9 k €252,8 k €309,5 k €282,6 k €346,2 k €338,5 k €301,8 k €266,8 k €210,5 k €297 k €246,6 k €186,5 k €98,7 k €95,8 k €
EBITDA25,1 k €-291,6 k €148,3 k €172 k €239,2 k €295,5 k €269,7 k €346 k €314 k €289,3 k €260,3 k €200,5 k €290,8 k €241,1 k €185,8 k €93,6 k €91,2 k €
Operating result-36,1 k €-369,3 k €66,7 k €87 k €154,3 k €210,6 k €173,5 k €246,5 k €214,5 k €188 k €131,2 k €87,6 k €97,2 k €85,9 k €47,7 k €55,4 k €53 k €
Net result-39,1 k €-394 k €33,4 k €36,4 k €86,5 k €121,2 k €89,5 k €121,5 k €112,5 k €104,1 k €69,6 k €46,5 k €42,3 k €38,3 k €14,5 k €22,2 k €28,1 k €
Balance sheet
Equity576,1 k €666 k €1,1 M €1 M €1 M €927,7 k €812,5 k €723 k €601,5 k €489,1 k €385 k €315,3 k €368,9 k €326,6 k €288,3 k €273,8 k €251,7 k €
Total assets1,1 M €1 M €1,5 M €1,6 M €1,6 M €1,7 M €1,8 M €1,9 M €1,9 M €1,7 M €1,4 M €1,6 M €969,3 k €1,2 M €1,1 M €831,2 k €876,8 k €
Cash176,9 k €71 k €44,8 k €48,1 k €41,3 k €33,1 k €11,4 k €6,4 k €23,3 k €15,6 k €17,1 k €88,4 k €2,7 k €15,8 k €10,3 k €17,7 k €
Debts546,2 k €340,4 k €437,1 k €524,8 k €633,8 k €797,8 k €939,4 k €1,2 M €1,3 M €1,2 M €975,2 k €1,3 M €600,4 k €922,3 k €777,5 k €557,3 k €625,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

PIETER DENYS

Director · since 01 juin 2022

Active

Ended mandates

Alfons Buyl

Manager

Ended
Gerlinde Feys

Manager

Ended
Karine Dauwe

Manager

Ended
Pieter Denys

Director

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202401/07/202201/07/202101/07/202001/07/201901/07/2018
Closing of the financial year31/12/202431/12/202330/06/202230/06/202130/06/202030/06/2019
Length of the financial year12 months18 months12 months12 months12 months12 months
Filing date11/07/202528/10/202414/11/202208/12/202117/11/202030/09/2019
General meeting09/07/202525/10/202428/10/202226/11/202110/11/202028/09/2019
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202409/07/202511/07/2025DutchPDF
Abridged model31/12/202325/10/202428/10/2024DutchPDF
Micro model30/06/202228/10/202214/11/2022DutchPDF
Micro model30/06/202126/11/202108/12/2021DutchPDF
Micro model30/06/202010/11/202017/11/2020DutchPDF
Abridged model30/06/201928/09/201930/09/2019DutchPDF
Abridged model30/06/201821/11/201805/12/2018DutchPDF
Abridged model30/06/201721/11/201704/12/2017DutchPDF
Abridged model30/06/201608/12/201621/12/2016DutchPDF
Abridged model30/06/201521/12/201521/01/2016DutchPDF
Abridged model30/06/201427/09/201416/10/2014DutchPDF
Abridged model30/06/201328/09/201330/10/2013DutchPDF
Abridged model30/06/201213/11/201216/11/2012DutchPDF
Abridged model30/06/201124/09/201128/09/2011DutchPDF
Abridged model30/06/201025/09/201020/10/2010DutchPDF
Abridged model30/06/200926/09/200926/10/2009DutchPDF
Abridged model30/06/200827/09/200830/09/2008DutchPDF
Abridged model30/06/200722/09/200725/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

PIETER DENYS

Director · since 01 juin 2022

Active

Ended mandates

Alfons Buyl

Manager

Ended
Gerlinde Feys

Manager

Ended
Karine Dauwe

Manager

Ended
Pieter Denys

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring30/12/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates09/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/04/2023
    BENAMING - KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring01/12/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates31/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2017
    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. 2024
    Annual accounts 2024-39,1 k €
  2. 2024
    Name changeXWIFT LOGISTICS
  3. 2022
    Annual accounts 2022-394 k €
  4. 2021
    Annual accounts 202133,4 k €
  5. 2020
    Annual accounts 202036,4 k €
  6. 2019
    Annual accounts 201986,5 k €
  7. 2018
    Annual accounts 2018121,2 k €
  8. 2017
    Annual accounts 201789,5 k €
  9. 2016
    Annual accounts 2016121,5 k €
  10. 2015
    Annual accounts 2015112,5 k €
  11. 2014
    Annual accounts 2014104,1 k €
  12. 2013
    Annual accounts 201369,6 k €
  13. 2012
    Annual accounts 201246,5 k €
  14. 2011
    Annual accounts 201142,3 k €
  15. 2010
    Annual accounts 201038,3 k €
  16. 2009
    Annual accounts 200914,5 k €
  17. 2008
    Annual accounts 200822,2 k €
  18. 2007
    Annual accounts 200728,1 k €
  19. 2007
    Name changeBuyl Logistic
  20. 27/07/2004
    IncorporationPrivate limited company