ACTIVE

LOGFRET

Financial year 2024 · closed on 31/12/2024
Net result
19,3 k €
+120.9% YoY
Revenue
3,6 M €
+41.6% YoY
Equity
91,3 k €
+26.9% YoY
Workforce
2,7 ETP
-40.0% YoY

What does LOGFRET do?

LOGFRET is a Public limited company incorporated in 2005. Its main activity is: Cargo handling. Its registered office is in Antwerpen. It employs on average 2,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0877.095.378
Incorporation
04/11/2005
Legal form
Public limited company
Registered office
Sint-Pietersvliet 3
2000 Antwerpen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2024
Average workforce
2,7 ETP
Joint committees (1)
  • 226
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Revenue3,6 M €2,6 M €4,7 M €4,9 M €9,8 M €9,5 M €10,4 M €9,7 M €10,3 M €11,6 M €11,8 M €12,7 M €11,5 M €12,4 M €10,4 M €12,6 M €13,9 M €
EBITDA64,9 k €20,9 k €106 k €448,4 k €-98,8 k €-166,5 k €102,8 k €76,2 k €77,5 k €142,3 k €144,7 k €-34,6 k €102,1 k €215,4 k €69,2 k €27,6 k €174,4 k €
Operating result64 k €18,1 k €104 k €446,4 k €-104 k €-175,8 k €93,4 k €60,4 k €51,8 k €95,3 k €164,2 k €-89,1 k €80,6 k €238,7 k €97,4 k €15,5 k €103,4 k €
Net result19,3 k €8,8 k €26,3 k €319,6 k €-156,4 k €-223,5 k €4,8 k €8,8 k €7,7 k €26 k €69,6 k €-120,8 k €14,6 k €31,4 k €44,9 k €-72,1 k €500,3 €
Balance sheet
Equity91,3 k €71,9 k €63,2 k €36,8 k €-302,9 k €-146,5 k €77 k €72,2 k €63,3 k €55,6 k €29,6 k €-40 k €80,7 k €66,1 k €34,8 k €-10,1 k €62 k €61,5 k €
Total assets1,6 M €1,5 M €2 M €3,5 M €3,6 M €3,2 M €2,9 M €2,8 M €2,5 M €2,7 M €2,6 M €2,4 M €2,1 M €2,3 M €1,9 M €2,4 M €2,9 M €61,5 k €
Cash22,4 k €4 k €640,6 k €1,7 M €261,1 k €200,7 k €88,5 k €110,9 k €189,5 k €111,5 k €484,4 k €539,2 k €206,3 k €26,5 k €116,2 k €60,8 k €115,3 k €61,5 k €
Debts1,5 M €1,4 M €1,9 M €3,4 M €3,9 M €3,3 M €2,8 M €2,7 M €2,4 M €2,6 M €2,5 M €2,5 M €2 M €2,2 M €1,8 M €2,4 M €2,9 M €
Other
Workforce2,7 ETP4,5 ETP6,3 ETP8,9 ETP11,9 ETP13,5 ETP14,1 ETP14,0 ETP14,5 ETP12,4 ETP13,6 ETP15,0 ETP15,5 ETP13,2 ETP12,5 ETP16,1 ETP16,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 14 ended

Active mandates

Jean Francois Millet

bestuurder · since 14 juin 2023 · until 13 août 2029

Active
Marc Millet

Managing director · since 14 juin 2023 · until 13 juin 2029

Active

Ended mandates

Marc Millet

Managing director · since 15 mai 2020 · until 13 juin 2023

Ended
Jean-François Millet

Mandate · since 13 juin 2017 · until 13 juin 2023

Ended
Jean-François Millet

Managing director · since 13 juin 2017 · until 13 juin 2023

Ended
Marc Millet

Mandate · since 13 juin 2017 · until 13 juin 2023

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/02/202625/11/202417/11/202324/10/202219/04/202202/08/2021
General meeting10/02/202611/06/202413/06/202323/09/202212/04/202216/04/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202410/02/202610/02/2026DutchPDF
Full model31/12/202311/06/202425/11/2024DutchPDF
Full modelCorrection31/12/202213/06/202317/11/2023DutchPDF
Full model31/12/202213/06/202310/11/2023DutchPDF
Full model31/12/202123/09/202224/10/2022DutchPDF
Full model31/12/202012/04/202219/04/2022DutchPDF
Full model31/12/201916/04/202102/08/2021DutchPDF
Full modelCorrection31/12/201815/05/202024/06/2020DutchPDF
Full model31/12/201815/05/202012/06/2020DutchPDF
Full model31/12/201729/06/201812/09/2018DutchPDF
Full model31/12/201613/06/201706/07/2017DutchPDF
Full model31/12/201514/06/201603/08/2016DutchPDF
Full model31/12/201409/06/201527/08/2015DutchPDF
Full model31/12/201310/06/201428/08/2014DutchPDF
Full model31/12/201211/06/201330/08/2013DutchPDF
Full model31/12/201112/06/201231/08/2012DutchPDF
Full model31/12/201014/06/201109/08/2011DutchPDF
Full model31/12/200908/06/201012/07/2010DutchPDF
Full model31/12/200809/06/200905/08/2009DutchPDF
Full model31/12/200710/06/200802/07/2008DutchPDF
Abridged model31/12/200612/06/200722/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active · 14 ended

Active mandates

Jean Francois Millet

bestuurder · since 14 juin 2023 · until 13 août 2029

Active
Marc Millet

Managing director · since 14 juin 2023 · until 13 juin 2029

Active

Ended mandates

Marc Millet

Managing director · since 15 mai 2020 · until 13 juin 2023

Ended
Jean-François Millet

Mandate · since 13 juin 2017 · until 13 juin 2023

Ended
Jean-François Millet

Managing director · since 13 juin 2017 · until 13 juin 2023

Ended
Marc Millet

Mandate · since 13 juin 2017 · until 13 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2008
    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 202419,3 k €
  2. 2023
    Annual accounts 20238,8 k €
  3. 2022
    Annual accounts 202226,3 k €
  4. 2021
    Annual accounts 2021319,6 k €
  5. 2019
    Annual accounts 2019-156,4 k €
  6. 2018
    Annual accounts 2018-223,5 k €
  7. 2017
    Annual accounts 20174,8 k €
  8. 2016
    Annual accounts 20168,8 k €
  9. 2015
    Annual accounts 20157,7 k €
  10. 2014
    Annual accounts 201426 k €
  11. 2013
    Annual accounts 201369,6 k €
  12. 2012
    Annual accounts 2012-120,8 k €
  13. 2011
    Annual accounts 201114,6 k €
  14. 2010
    Annual accounts 201031,4 k €
  15. 2009
    Annual accounts 200944,9 k €
  16. 2008
    Annual accounts 2008-72,1 k €
  17. 2007
    Annual accounts 2007500,3 €
  18. 2006
    Annual accounts 2006
  19. 04/11/2005
    IncorporationPublic limited company