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ALTRANSPORT

Active
Public limited companyfounded 1996active for 29 yearsVeldmeersstraat 25, 9270 Laarne, BelgiumKBO/BCE: BE 0459.624.503
Summary

ALTRANSPORT has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €393,885 and a net result of €47,682. Equity has been shrinking by about 9.4% per year since 2018. Its solvency ranks better than 41% of 1,081 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-12-1996 Normal situation
Activity
Freight transport by road NACE 49410
Establishment unit
2.080.060.179 9270 Laarne, since 16-01-1997
Financial year end
31 December
Peppol
Reachable since 27-03-2026

Board and ownership

Board
  • TialtraDirector · permanent representative Koen De Neve
Shareholders
  • Tialtra2025 annual accounts of Tialtra

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€434,288
▼ 9.3%
Turnover
≈ €930,000
estimated
Profit
€47,682
▼ 36.7%
Equity
€393,885
▲ 13.8%
Total assets
€1.2m
▼ 19.0%
Employees on 31-12-2025
4
▼ 33.3%
  • 2025 accounts filed 18 days after the deadline
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1996Size: 2.5 FTE, total assets €1.2mFigures for financial year 2025 (filed on 20-08-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Average
Solvency 57+10
equity 31.5% of total assets
Liquidity 33+7
short-term debt 57.6% · cash 10.3%
Profitability 74-1
return on assets 3.8%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.29 (1.14 in 2024), below the usual 1.5. Short-term debt is 57.6% and cash 10.3% of total assets. 68.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 43% of them on solvency, 30% on liquidity, 51% on profitability and 60% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 2.5 FTE, total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 20-08-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €393,885
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
18 days late
2024
17 days early
2023
5 days early
2022
6 days early
2021
19 days early
2020
39 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 6 profitable years in a rowprofit 2025: €47,682 6 years View
  • New directorlatest change 23-04-2026 · 1 in office 1 joined View

Recent changes

  1. · Gazette deed Permanent representative: Koen De NeveReappointment: Tialtra BV (sole director)
  2. · Gazette deed Registered office moved from Ternat to LaarnePermanent representative: Koen De Neve
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as ALTRANSPORT: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1m and €1.2m, founded between 1989 and 2001.

CompanyTotal assetsGross margin
ALTRANSPORT Laarne€1.2m€0.4m
VAN DE VOORDE WIM Sint-Gillis-Waas€1.0m€0.5m
Vervoer Heirman Zele€1.1m€0.3m
STROHANDEL DESMEDT STEFAAN Ledegem€1.1m€0.4m
BERTRANS Lommel€1.1m€0.6m
VERGOFOUR Pittem€1.1m€0.5m
RECYCLING EXPRESS Eeklo€1.2m€0.4m
Full comparison

Key facts about ALTRANSPORT

What is the company number of ALTRANSPORT?
The company number of ALTRANSPORT is 0459.624.503. The VAT number is the same number with BE in front: BE 0459.624.503.
Where is ALTRANSPORT based?
The registered office is at Veldmeersstraat 25, 9270 Laarne.Company details
What does ALTRANSPORT do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of ALTRANSPORT?
The legal form of ALTRANSPORT is Public limited company (NV).
When was ALTRANSPORT founded?
ALTRANSPORT was founded on 27-12-1996.
Is ALTRANSPORT still active?
Yes, ALTRANSPORT is an active enterprise in the KBO register.
How many employees does ALTRANSPORT have?
ALTRANSPORT had an average of 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ALTRANSPORT?
The turnover in financial year 2025 is ≈ €930,000. This figure is estimated from the gross margin of €434,288 and 38 comparable companies (NACE 49410). It probably lies between €730,000 and €1.4m.
Is ALTRANSPORT profitable?
In financial year 2025, ALTRANSPORT made a profit of €47,682.
Where can I find the annual accounts of ALTRANSPORT?
ALTRANSPORT filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALTRANSPORT due?
ALTRANSPORT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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