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ALTRANS

Active
Public limited companyfounded 198045 yrs activeBrouwerijstraat 14, 8680 Koekelare, BelgiumKBO/BCE: BE 0421.128.072
Summary

ALTRANS has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €220,947. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 1051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch ReportCompare
ALTRANSActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410NACE 60242Renting and leasing of cars and light motor vehicles NACE 77110
1 site
Size
€3.0mtotal assets 2025
Staff
1 FTE
Equity
€1.6m
Profit
€220,947
Financial health
85 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Structure
Parent
POLLET GROUP · 100%
Accounts 11 d early0 of 10 deeds read
Why 85- Liquidity: current ratio 0.20, cash €0, halved- Sector Land transport and transport via pipelines (NACE 49)+ Founded in 1980+ Size: 1 FTE, total assets €3.0mShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Better than 55% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 78+12
equity 53.2% of total assets
Liquidity 35+1
short-term debt 33.6% · cash 0.0%
Profitability 78+1
return on assets 7.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,055 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● 0.0% vs 11-2024 01-2025: 0.3%● 0.0% vs 12-2024 02-2025: 0.3%● 0.0% vs 01-2025 03-2025: 0.4%▲ +23.0% vs 02-2025 04-2025: 0.4%▲ +6.1% vs 03-2025 05-2025: 0.4%▲ +3.5% vs 04-2025 06-2025: 0.5%▲ +15.3% vs 05-2025 07-2025: 0.6%▲ +28.1% vs 06-2025highest value 08-2025: 0.2%▼ -61.4% vs 07-2025lowest value 09-2025: 0.2%● 0.0% vs 08-2025lowest value 10-2025: 0.2%● 0.0% vs 09-2025lowest value 11-2025: 0.2%● 0.0% vs 10-2025lowest value 12-2025: 0.2%● 0.0% vs 11-2025lowest value 01-2026: 0.2%● 0.0% vs 12-2025lowest value 02-2026: 0.2%● 0.0% vs 01-2026lowest value 03-2026: 0.3%▲ +21.4% vs 02-2026 04-2026: 0.3%▲ +6.2% vs 03-2026 05-2026: 0.3%▲ +5.9% vs 04-2026 06-2026: 0.4%▲ +10.5% vs 05-2026 07-2026: 0.4%▲ +3.3% vs 06-2026 08-2026: 0.4%▼ -4.0% vs 07-2026 09-2026: 0.4%● 0.0% vs 08-2026 10-2026: 0.4%● 0.0% vs 09-2026
  • Liquidity: current ratio 0.20, cash €0, halved raises the probability
  • Founded in 1980 lowers the probability for this profile
  • Sector Land transport and transport via pipelines (NACE 49) raises the probability
  • Size: 1 FTE, total assets €3.0m lowers the probability for this profile
Credit up to €130,000 at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.15 in 2024; short-term debt: 33.6% and cash: 0% of total assets), and 46.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 65%, liquidity 32%, profitability 60%, growth against the median 62%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.20, cash €0, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1980
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Land transport and transport via pipelines (NACE 49)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: 1 FTE, total assets €3.0m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
6 d early
2023
5 d early
2022
3 d early
2021
6 d early
2020
22 d early
2019
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Highest result since 2018net €220,947 ▲0.2%
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €220,947 8 years View
  • Controlled by POLLET GROUP 100% View
  • Active since 1980founded 16-12-1980 45 years View

By topic

Financials

Fiscal year
2025
Total assets
€3.0m
Profit
€220,947
Solvency
53.2%
Total assets▼ 10.5%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 20-07-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 25-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
16-12-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?POLLET GROUP · 27 companies How does this company compare with its sector?Sector benchmark

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