Equity
€97,209 from €276,615 in 2021
Equity fell by 65% in 4 years.
Bart Vanneste Agro Transport
Lifetime
11 annual accounts with figures on one time axisGross marginpeak €308,749 (2025)
€308,749▲ 0.7%
Resultlowest -€43,989 (2023)
€5,993▲ €6,089
Equitypeak €276,615 (2021)
€97,209▲ 6.6%
Debts
€691,581▲ 18.3%
Staffpeak 2.3 FTE (2020)
-not published
Board2 names since 2015
1 directorVANNESTE Bart
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Back to profit: €5,993Debts from €584,669 to €691,581Investments €257,477
Key points
from the 2025 annual accountsTurnover
≈ €700,000 estimated
The micro format states no turnover.
Debts
€691,581 88% of the balance sheet
Financial debts 54%Suppliers 10%Taxes and wages 8%Other 28%
Of this, €317,525 falls due within a year.
Securities
€247,500
Mortgage mandates, new in 2025. 2.5 times equity · not in the 2024 accounts.
Investments
€257,477 2.1 × depreciation
Green is investment, beige is depreciation.
Staff
3 employees on 31-12-2025
In 2025, 2 people joined and 2 left.
Checked score
83
Excellent
Financially stronger than 40% of micro companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.9% across 9,101 companies (NACE 49, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▼ -0.3 percentage points vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.4%▼ -0.1 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged 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 07-2026
09-2026: 0.9%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.3%▼ -0.6 percentage points vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Equity €97,209 (12.3% of total assets)
lowers risk
Size: total assets €788,790
Figures for financial year 2025 (filed on 26-06-2026)
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 24% of them on solvency, 45% on liquidity, 42% on profitability and 50% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as Bart Vanneste Agro Transport has now. Each dot stands for 12 companies, two years later.
96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
That fits the bankruptcy probability of Bart Vanneste Agro Transport itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,508 companies, not a prediction for Bart Vanneste Agro Transport. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.78 (0.84 in 2024), below 1. Short-term debt is 40.3% and cash 11.3% of total assets. 87.7% of the assets are financed with debt and provisions.
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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 · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 5934 sector peers (2025).
NBB · sector comparisonPosition among 5934 sector peers
Solvency
better than 24%
← weakest
strongest →
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
49 days early
2023
37 days early
2022
8 days early
2021
12 days late
2020
9 days early
2019
10 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 19 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 26 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Changes of role: VANNESTE Bart (director) and DELABIE Severine (opvolgend niet statutair bestuurder van rechtswege)
Legal-form conversion: to private limited company (pre-2019) · General meeting of 27-02-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0600918265
First establishment
Gullegemstraat 189, Wevelgem
Incorporation
published on 16-03-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Bart Vanneste Agro Transport Wevelgem | €0.8m | €308,749 | 12.3% | - |
| WIM DE BRABANT Dentergem | €0.8m | €304,181 | 44.4% | - |
| LEYN-VANHOVE Wingene | €0.8m | €286,402 | 12.9% | 3 |
| VAN HOVE TRANSPORT Alveringem | €0.7m | €354,573 | 10.4% | 1.7 |
| Transport Charles Zielens Avelgem | €0.7m | €361,083 | 35.6% | - |
| BLUE THISTLE Koekelare | €0.7m | €375,896 | 32.0% | 0 |
| Samyn - Patteeuw Transport & Fourage Kortemark | €1.0m | €312,942 | 7.0% | - |
These companies have the same main activity as Bart Vanneste Agro Transport: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €685,000 and €1m, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 12-03-2015Normal situation
- Activity
- Freight transport by roadNACE 49410
- Joint committee
- 140.03Road transport and logistics for third parties · annual accounts 2025
- Establishment unit
- 2.244.836.8518560 Wevelgem, since 01-04-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Annual accounts 2025
- Total assets
- €788,790▲ 16.7%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on Bart Vanneste Agro Transport
Bart Vanneste Agro Transport files the micro format. That format states no turnover. The gross margin rose from €116,777 in 2015 to €308,749 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Bart Vanneste Agro Transport
- What is the company number of Bart Vanneste Agro Transport?
- The company number of Bart Vanneste Agro Transport is 0600.918.265. The VAT number is the same number with BE in front: BE 0600.918.265.
- Where is Bart Vanneste Agro Transport based?
- The registered office is at Gullegemstraat 189, 8560 Wevelgem.Company details
- What does Bart Vanneste Agro Transport do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of Bart Vanneste Agro Transport?
- Bart Vanneste Agro Transport is a private limited company (BV).
- When was Bart Vanneste Agro Transport founded?
- Bart Vanneste Agro Transport was founded on 12-03-2015.
- Is Bart Vanneste Agro Transport still active?
- Yes, Bart Vanneste Agro Transport is an active enterprise in the KBO register.
- How many employees does Bart Vanneste Agro Transport have?
- Bart Vanneste Agro Transport had an average of 2.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Bart Vanneste Agro Transport fall under?
- In its 2025 annual accounts, Bart Vanneste Agro Transport states joint committee 140.03 (Road transport and logistics for third parties).
- What is the turnover of Bart Vanneste Agro Transport?
- The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €308,749 and 49 comparable companies (NACE 49410). It probably lies between €590,000 and €870,000.
- Is Bart Vanneste Agro Transport profitable?
- In financial year 2025, Bart Vanneste Agro Transport made a profit of €5,993.
- Where can I find the annual accounts of Bart Vanneste Agro Transport?
- Bart Vanneste Agro Transport filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Bart Vanneste Agro Transport due?
- Bart Vanneste Agro Transport must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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