Cargo Velo

What Cargo Velo does

Cargo Velo BV is a Belgian cargo-bike logistics company founded in 2012 in Ghent by bio-engineer Sander Vandenberghe, operating sustainable urban last-mile delivery services across three cities — Ghent, Antwerp, and Brussels. Following the May 2026 merger with De Fietskoerier, the combined entity is positioned as the largest bike courier company in Belgium, with approximately 50 part-time couriers, projected turnover above 1 million EUR, and 250,000+ km cycled annually.

The company's product surface spans three core delivery services — Home (same-day/next-day parcel delivery), Returns (doorstep collection), and Care (valuable/sensitive items including medical samples, electronics, flowers, and food) — plus specialized variants such as 30-minute Express Courier, Ship-from-Store, Ship-from-Hub, temperature-controlled medical and pharmaceutical transport (ambient, refrigerated, frozen, dry ice, liquid nitrogen), and fresh food delivery. Underlying technology includes route optimization software, real-time shipment tracking, a customer portal, and a shipping platform API with EDI/CSV/XLS and partner integrations (Wij.Leveren, BikeDelivery). Services are delivered via cargo bikes — some electric, supplemented by trailers capable of up to 150 kg — from city-peripheral hubs.

Cargo Velo's business model is B2B-focused, charging per shipment with monthly invoicing and contracted rates for clients exceeding 100 parcels per week. Customer segments include retail/e-commerce (Nespresso, Krëfel, Canon, Proximus), healthcare (UZ Gent, multiple AZ hospitals, Plasmidsaurus biotech), logistics partners (DHL, Euro-Sprinters), food service (Fruit at Work, Lina's), and government/public sector (FOD Sociale Zekerheid, Veolia circular waste). Willem-Frederik Schiltz was appointed CEO in March 2025, with founder Vandenberghe transitioning to COO. The company is privately held with no disclosed institutional venture or private equity investors; capital to date has come from existing shareholders (250,000 EUR in March 2025 and 1 million EUR in May 2026).

Name

Cargo Velo

Legal name

CARGO VELO BV

Website

https://cargovelo.be

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Cargo Velo is a Belgian cargo-bike logistics company founded in 2012 in Ghent, operating sustainable urban last-mile delivery across Ghent, Antwerp, and Brussels. It serves retail, healthcare, logistics partners, and public-sector clients with parcel, medical, and express courier services.

Ownership category

akta.pro rank

Product category

Urban Last-Mile Delivery Services

NAICS

Local Messengers and Local Delivery (492210), Freight Transportation Arrangement (48851)

SIC

Trucking & Courier Services (No Air) (4210), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Cargo Bikes & E-Cargo Bikes Rental/Leasing (TLABAGAB)

Keywords

• Cargo bike logistics
• Last mile delivery
• Urban courier services
• Medical sample transport
• Temperature controlled delivery

Headquarters

HQ city

Gent

HQ country

Belgium

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Delivery Services (Per Shipment): Core revenue from bike courier delivery services, charging per shipment or delivery. Services include home delivery, returns collection, and care/specialized transport. Monthly invoicing with summary of deliveries. Volume-based contracts for regular clients with 100+ parcels per week.
2. First and Last Mile Logistics: First-mile collection and last-mile delivery solutions for logistics partners, enabling sustainable urban distribution integrated with their broader logistics networks.
3. Express Courier Services: Urgent deliveries within 30 minutes of pickup, premium pricing for time-sensitive shipments such as medical samples and documents.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Cargo Velo operates cargo bike logistics services in three Belgian cities (Ghent, Antwerp, Brussels), providing zero-emission last-mile delivery for businesses. Core offerings include Home delivery, Returns collection, and Care transport of valuable/sensitive items, with specialized vertical services for medical/pharmaceutical (temperature-controlled, GDP/AFSCA/ADR compliant) and food sectors. The company supports e-commerce clients through API integration, a customer portal, and ship-from-store or ship-from-hub models.

Product overview

Cargo Velo operates as a cargo bike logistics company offering last-mile delivery services across three Belgian cities (Ghent, Antwerp, Brussels). The core offering consists of three primary delivery services: Home (standard home delivery), Returns (collection at doorstep), and Care (transport of valuable/sensitive items). Additional service variants include Express Courier (30-minute delivery), Ship-from-Store (direct store fulfillment), and Ship-from-Hub (warehouse-to-hub-to-door model). Specialized vertical services include Medical & Healthcare Transport (temperature-controlled, GDP/AFSCA compliant) and Food Delivery. The company provides a customer portal for real-time tracking and a shipping platform API for e-commerce integration. Services operate from city-peripheral hubs with a fleet of cargo bikes, some electric, supplemented by trailers for larger loads up to 150kg.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Delivery Service Same-day and next-day home delivery of parcels and packages to consumers with real-time tracking and recipient notifications. Designed for retail stores, webshops, and omnichannel businesses needing sustainable urban last-mile delivery.
• Returns Service Doorstep collection of returned items from end consumers, using intelligent routing software to optimize collection routes. Provides returns handling for retailers and e-commerce businesses.
• Care Service Careful transport of valuable and sensitive items including medical samples, electronics, flowers, and food, using specialized vehicles and experienced couriers. Targets clients with fragile or high-value goods.
• Express Courier Urgent deliveries completed within 30 minutes of pickup, targeting time-sensitive shipments such as medical samples and documents. Premium-priced service.
• Ship-from-Store Direct dispatch from retail stores to customers' doors, enabling faster fulfillment from physical store locations. Designed for omnichannel retailers seeking rapid urban fulfillment.
• Ship-from-Hub Warehouse-to-hub-to-doorstep model where shipments move from a peripheral warehouse to city hubs for sustainable last-mile delivery. Optimizes logistics efficiency for larger clients.
• Medical & Healthcare Transport Specialized transport for medical samples, pharmaceutical products, and healthcare materials compliant with AFMPS, AFSCA, ADR, and GDP regulations. Serves hospitals, clinics, laboratories, and pharmacies.
• Temperature-Controlled Transport Transport using medical isothermal boxes, temperature monitoring, and controlled containers (dry ice, liquid nitrogen) for ambient, refrigerated, and frozen sensitive goods.
• Food & Fresh Produce Delivery Delivery service for fresh food, meal kits, and restaurant supplies using passive refrigeration via isothermal containers with or without refrigerating elements.
• First & Last Mile Logistics for Partners First-mile collection and last-mile delivery for logistics partners, enabling sustainable urban distribution integrated with their broader networks. Targets logistics companies needing city-center delivery.

Quantifiable outcome

• 30% faster delivery times than traditional vans in city environments
• +4 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• De FietskoeriercoreStrategic or Co-development Partner · 11 May 2026Merger with De Fietskoerier (Antwerp) forming the largest bike courier company in Belgium. All couriers join Cargo Velo; Sim Coddé and Stijn Van Hofstraeten become co-shareholders. De Fietskoerier's 27 years of express courier expertise and medical transport specialization combines with Cargo Velo's scalable hub-based model.
• BCLFBelgian Cycle Logistics FederationcoreStrategic or Co-development Partner · 1 January 2025Industry federation providing research, barometer data, and sector credibility. Their studies show 70% growth in bike logistics in Belgium (2024) with 5.2 million parcels delivered by bike. Cargo Velo cited in BCLF publications and events.
• UZ GentcoreStrategic or Co-development PartnerFramework contract with clinical laboratory for medical transport. UZ pharmacy and patient administration have also established routines with Cargo Velo, confirming reliability and compliance with medical standards.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Regional players

• CitySprint: CitySprint is a UK-based same-day courier and last-mile delivery specialist operating in dense British cities with bike, foot, and vehicle couriers, serving enterprise, retail, and healthcare customers — a comparable urban courier model operating in a different European geography.
• PostNL: PostNL is the Dutch national postal and parcel operator, a regional peer operating an adjacent last-mile delivery market across the Benelux with a comparable mix of postal, parcel, and increasingly e-commerce fulfillment services targeting similar enterprise and retail customers.

Broad incumbents

• DHL Express: DHL is a global logistics incumbent with extensive parcel and courier operations in Belgium. Cargo Velo already serves DHL as a sub-contractor for secure last-mile transport, and DHL's own DHL Bike initiative and city-center delivery operations make it a comparable broad incumbent with overlapping customers.
• UPS: UPS is a global logistics and parcel-delivery incumbent with significant Belgian operations, serving the same enterprise and e-commerce customers as Cargo Velo for time-sensitive international and domestic shipments, with an expanding focus on sustainable last-mile solutions in dense European cities.
• DPD: DPD is one of Europe's largest parcel delivery networks, operating extensively in Belgium and across the continent. It serves the same e-commerce and B2B retail customers as Cargo Velo for last-mile delivery, though with a van-based core model that Cargo Velo displaces in dense urban cores.
• FedEx: FedEx is a global logistics incumbent operating express parcel services in Belgium, serving the same enterprise and B2B customers as Cargo Velo for time-critical shipments, though at very different scale and with a primarily air-and-van-based network rather than a cargo-bike urban model.
• bpost: bpost is Belgium's national postal service and largest parcel-delivery operator in the country, providing exactly the same end-market (B2B last-mile delivery in Belgian cities) as Cargo Velo but at much larger scale and with broader product breadth — including e-commerce logistics and a bike-delivery subsidiary acquired from Brings.

Direct peers

• Stuart Delivery: Stuart is a European on-demand urban courier operating bike and scooter-based delivery across multiple Western European cities, with a similar B2B API-first model targeting enterprises for same-day and last-mile delivery — making it one of the closest direct comparables to Cargo Velo.
• Trunkrs: Trunkrs is a Dutch last-mile delivery company specializing in same-day and sustainable urban parcel delivery, often using cargo bikes and electric vehicles — a direct comparable operating in an adjacent Benelux market with similar B2B webshop and enterprise customer base.

Emerging players

• Glovo: Glovo is a European on-demand multi-category delivery platform operating in Belgium and across Western Europe with bike and scooter couriers, serving retail and food-delivery customers in dense urban areas — an emerging competitor in overlapping urban last-mile use cases with Cargo Velo.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/cargovelo
• Facebookfacebook.com/cargovelo
• LinkedInlinkedin.com/company/cargo-velo

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cargo Velo