ACTIVE

FULL LOGISTIC THUIN

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Financial year 2025 · Closed on 31/12/2025

Net result535,9 k €+29,4 %over 1 year

Revenue9,1 M €+1,4 %over 1 year

Equity2,9 M €+14,8 %over 1 year

Workforce74,8 ETP+5,2 %over 1 year

Identity

Source · BCE/KBO

FULL LOGISTIC THUIN is a Public limited company incorporated in 2005. Its main activity is: Freight transport by road. Its registered office is in Thuin. It employs on average 74,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0871.729.102
Incorporation: 07/02/2005
Legal form: Public limited company
Registered office: Avenue DELI XL 8
6530 Thuin · Wallonie
Contributed capital: 338 000,00 €
Latest accounts: 31/12/2025
Average workforce: 74,8 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities 45206Maintenance and repair of motor vehicles 52100Warehousing and storage 52100Warehousing and storage+11

Joint committees (5)

140
14003
226
226.00
22600

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	9,1 M €	+1.4%	8,9 M €	-2.0%	9,1 M €	+10.6%	8,2 M €	+17.5%	7 M €
EBITDA	1,7 M €	+5.9%	1,6 M €	+20.3%	1,4 M €	+16.0%	1,2 M €	+3.3%	1,1 M €
Operating result	771 k €	+24.5%	619,3 k €	+10.6%	559,8 k €	+23.2%	454,2 k €	+3.1%	440,6 k €
Net result	535,9 k €	+29.4%	414,1 k €	+2.9%	402,5 k €	+52.8%	263,4 k €	-9.5%	290,9 k €
Balance sheet
Equity	2,9 M €	+14.8%	2,6 M €	+10.9%	2,3 M €	+20.1%	1,9 M €	+13.7%	1,7 M €
Total assets	5,9 M €	-7.3%	6,4 M €	+8.9%	5,8 M €	+5.4%	5,6 M €	+4.1%	5,3 M €
Cash	1,8 M €	+69.1%	1 M €	+19.4%	867,6 k €	-44.8%	1,6 M €	+17.8%	1,3 M €
Debts	2,9 M €	-22.1%	3,8 M €	+8.0%	3,5 M €	-2.2%	3,6 M €	+0.1%	3,6 M €
Other
Workforce	74,8 ETP	+5.2%	71,1 ETP	-9.8%	78,8 ETP	+4.5%	75,4 ETP	+11.9%	67,4 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

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FACO HOLDING0890.500.382Represented by GIOVANNI FADEL	Director18/11/2022 → 18/11/2028Mandate2021 accountsendedManaging director2015 accountsended
IFI & R0758.938.688Represented by ISABELLE FADEL	Director18/11/2022 → 18/11/2028
Thomas Fadel Invest0758.938.490Represented by THOMAS FADEL	Director18/11/2022 → 18/11/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pascal LENOBLE	Managing director18/11/2010 → 16/12/2011
H.F.L.0869.619.549Represented by Pascal LENOBLE	Director18/10/2010 → 16/12/2011
FULL SERVICES0464.978.606Represented by Giovanni FADEL	Director2009 accounts

Other companies at this address

Avenue DELI XL 8 6530 Thuin

Company	CBE no.
FULL SERVICES● Active	0464.978.606
LOGISTICS & MANAGEMENT● Active	0863.354.735
RDP WASH● Active	0682.980.067
SOCIETE IMMOBILIERE DE WALLONIE● Active	0819.501.035
SOCIETE THUDINIENNE DE DISTRIBUTION● Active	0866.865.343

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	26/06/2026	02/07/2025	19/07/2024	17/08/2023	23/08/2022	31/08/2021
General meeting	29/05/2026	30/05/2025	15/06/2024	08/08/2023	22/08/2022	31/05/2021
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/05/2026	26/06/2026	French	PDF
Full model	31/12/2024	30/05/2025	02/07/2025	French	PDF
Full model	31/12/2023	15/06/2024	19/07/2024	French	PDF
Full model	31/12/2022	08/08/2023	17/08/2023	French	PDF
Full model	31/12/2021	22/08/2022	23/08/2022	French	PDF
Full model	31/12/2020	31/05/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	29/05/2020	03/11/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	31/05/2018	24/08/2018	French	PDF
Abridged model	31/12/2016	30/05/2017	17/07/2017	French	PDF
Abridged model	31/12/2015	31/05/2016	20/07/2016	French	PDF
Abridged model	30/06/2014	20/11/2014	30/01/2015	French	PDF
Abridged model	30/06/2013	21/11/2013	20/12/2013	French	PDF
Abridged model	30/06/2012	15/11/2012	14/12/2012	French	PDF
Abridged model	30/06/2011	17/11/2011	05/01/2012	French	PDF
Abridged model	30/06/2010	18/11/2010	21/12/2010	French	PDF
Abridged model	30/06/2009	19/11/2009	21/12/2009	French	PDF
Abridged model	30/06/2008	20/11/2008	19/12/2008	French	PDF
Abridged model	30/06/2007	15/11/2007	21/12/2007	French	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

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FACO HOLDING0890.500.382Represented by GIOVANNI FADEL	Director18/11/2022 → 18/11/2028Mandate2021 accountsendedManaging director2015 accountsended
IFI & R0758.938.688Represented by ISABELLE FADEL	Director18/11/2022 → 18/11/2028
Thomas Fadel Invest0758.938.490Represented by THOMAS FADEL	Director18/11/2022 → 18/11/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pascal LENOBLE	Managing director18/11/2010 → 16/12/2011
H.F.L.0869.619.549Represented by Pascal LENOBLE	Director18/10/2010 → 16/12/2011
FULL SERVICES0464.978.606Represented by Giovanni FADEL	Director2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/10/2026
Démission des administrateurs
PDF
Mandates04/08/2026
Nomination des administrateurs
PDF
Mandates30/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates08/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates07/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates28/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates26/05/2017
DEMISSIONS, NOMINATIONS
PDF
Other02/06/2015
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

Filings19 filings

Mandates

Thomas Fadel Invest

IFI & R

FACO HOLDING

Pascal LENOBLE

H.F.L.

FULL SERVICES

Giovanni FADEL

200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

FULL LOGISTIC SAFULL LOGISTIC THUINEURO TRAFIC THUIN

Avenue DELI XL 8, 6530 Thuin

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue DELI XL 8, 6530 ThuinCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00204920

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FULL LOGISTIC THUINCurrent		CBE
FULL LOGISTIC SA	accounts 2024 → 2025	Accounts 2025 · 2026-00204920
FULL LOGISTIC THUIN	accounts 2012 → 2023	Accounts 2023 · 2024-00263775
EURO TRAFIC THUIN	accounts 2007 → 2011	Accounts 2011 · 2012-00400268

Events

2025
Annual accounts 2025535,9 k €↑
2024
Annual accounts 2024414,1 k €↑
2024
Name changeFULL LOGISTIC SA
2023
Annual accounts 2023402,5 k €↑
2022
Annual accounts 2022263,4 k €↓
2021
Annual accounts 2021290,9 k €↑
2020
Annual accounts 2020227,9 k €↑
2019
Annual accounts 201988,3 k €↓
2018
Annual accounts 2018205 k €↑
2017
Annual accounts 2017-3,1 k €↓
2016
Annual accounts 201610,5 k €↑
2015
Annual accounts 2015-28,3 k €↓
2014
Annual accounts 2014190 k €↓
2013
Annual accounts 2013460,9 k €↑
2012
Annual accounts 201231,7 k €↓
2012
Name changeFULL LOGISTIC THUIN
2011
Annual accounts 201137 k €↑
2010
Annual accounts 2010-28,4 k €↑
2009
Annual accounts 2009-31,3 k €↓
2008
Annual accounts 20089,5 k €↓
2007
Annual accounts 200742,1 k €
07/02/2005
IncorporationPublic limited company

FULL LOGISTIC THUIN

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