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BIJKHOEVE TRANSPORT

Active
Public limited companyfounded 2015active for 11 yearsBijkhoevelaan 2, 2110 Wijnegem, BelgiumKBO/BCE: BE 0598.852.165
Summary

BIJKHOEVE TRANSPORT has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €1.0m. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 92% of 1,070 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, full format

Turnover
€11.3m=
2024 · €11.3m
EBIT margin
12.3%▼ 4.0pp
2024 · 16.3%
Net result
€1.0m▼ 25.5%
2024 · €1.4m
Working capital
€6.1m▲ 26.2%
2024 · €4.9m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 25% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€11.3m 2025 Operating result€1.4m 2025 Net result€1.0m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€6.6m-€6.9m▲ 3.7%€8.4m▲ 23.0%€8.6m▲ 2.3%€10.3m▲ 19.5%€10.3m=€11.3m▲ 9.7%€11.3m=
Operating result€0.5m-€0.2m▼ 57.8%€1.1m▲ 486%€1.1m▲ 0.5%€1.1m▼ 2.0%€1.0m▼ 14.2%€1.8m▲ 91.1%€1.4m▼ 24.6%
Net result€0.4m-€0.2m▼ 60.9%€0.9mabove the sector's middle half▲ 459%€0.8mabove the sector's middle half▼ 3.9%€0.8mabove the sector's middle half▼ 3.4%€0.7mabove the sector's middle half▼ 12.9%€1.4mabove the sector's middle half▲ 95.8%€1.0mabove the sector's middle half▼ 25.5%
EBIT margin7.0%-2.8%▼ 4.1pp13.5%▲ 10.6pp13.2%▼ 0.2pp10.9%▼ 2.4pp9.3%▼ 1.5pp16.3%▲ 6.9pp12.3%▼ 4.0pp
Equity€1.1m-€1.2m▲ 14.7%€2.1mabove the sector's middle half▲ 71.8%€2.9mabove the sector's middle half▲ 40.1%€3.7mabove the sector's middle half▲ 27.7%€4.4mabove the sector's middle half▲ 18.9%€5.8mabove the sector's middle half▲ 31.1%€6.8mabove the sector's middle half▲ 17.7%
Total assets€3.2m-€3.5m▲ 7.3%€4.9mabove the sector's middle half▲ 41.9%€5.4mabove the sector's middle half▲ 9.5%€6.6mabove the sector's middle half▲ 22.7%€5.4mwithin the sector's middle half▼ 18.3%€6.9mwithin the sector's middle half▲ 27.4%€7.8mwithin the sector's middle half▲ 12.3%
Debt€2.2m-€2.3m▲ 3.8%€2.9m▲ 26.0%€2.5m▼ 12.6%€2.9m▲ 16.9%€1.0m▼ 65.3%€1.1m▲ 11.5%€1.0m▼ 15.0%
Working capital€0.03m-€0.2m▲ 684%€0.8mabove the sector's middle half▲ 314%€1.2mabove the sector's middle half▲ 43.5%€2.3mabove the sector's middle half▲ 93.6%€3.4mabove the sector's middle half▲ 51.1%€4.9mabove the sector's middle half▲ 41.7%€6.1mabove the sector's middle half▲ 26.2%
Solvency32.4%-34.6%▲ 2.2pp41.9%within the sector's middle half▲ 7.3pp53.7%within the sector's middle half▲ 11.7pp55.8%within the sector's middle half▲ 2.2pp81.2%above the sector's middle half▲ 25.4pp83.6%above the sector's middle half▲ 2.3pp87.6%above the sector's middle half▲ 4.0pp
Current ratio1.01-1.09▲ 0.081.29within the sector's middle half▲ 0.201.47within the sector's middle half▲ 0.181.78within the sector's middle half▲ 0.314.38above the sector's middle half▲ 2.605.29above the sector's middle half▲ 0.917.38above the sector's middle half▲ 2.08
Return on assets (ROA)12.2%-4.4%▼ 7.8pp17.5%above the sector's middle half▲ 13.1pp15.4%above the sector's middle half▼ 2.1pp12.1%above the sector's middle half▼ 3.3pp12.9%above the sector's middle half▲ 0.8pp19.8%above the sector's middle half▲ 6.9pp13.1%above the sector's middle half▼ 6.7pp
Staff (FTE)44.2-52▲ 17.6%62.8above the sector's middle half▲ 20.8%66.9above the sector's middle half▲ 6.5%66.1above the sector's middle half▼ 1.2%64.2above the sector's middle half▼ 2.9%63above the sector's middle half▼ 1.9%64.1above the sector's middle half▲ 1.7%
above within below the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.8m
Fixed assets €658,500 ▼ 27.7%
Current assets €7.1m ▲ 18.4%
Equity and liabilities €7.8m
Equity €6.8m ▲ 17.7%
Debt €964,145 ▼ 15.0%
Debt's share of the balance-sheet total falls from 16.4% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.8m▼
2024 · €2.3m
Cash flow
€1.5m▼
2024 · €1.9m
Debt to equity
0.14▼
2024 · 0.20
ROE
15.0%▼
2024 · 23.7%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€964,145▼
2024 · €1.1m
Income taxes
€360,841▼
2024 · €465,558
Staff costs
€3.2m▲
2024 · €2.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 546 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.2% are still going.

  • Medium-sized
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
4.2% stopped otherwise
95.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet Code20242025
Assets
Total assets20/58€6.9m€7.8m▲
Fixed assets21/28€0.9m€0.7m▼
Tangible fixed assets22/27€0.9m€0.6m▼
Plant, machinery and equipment23€0.004m€0.002m▼
Furniture and vehicles24€0.9m€0.6m▼
Financial fixed assets28€0.01m€0.01m▲
Other financial fixed assets284/8€0.01m€0.01m▲
Amounts receivable and cash guarantees285/8€0.01m€0.01m▲
Current assets29/58€6.0m€7.1m▲
Amounts receivable within one year40/41€0.3m€0.2m▼
Trade receivables40€0.001m-
Other amounts receivable41€0.3m€0.2m▼
Cash at bank and in hand54/58€5.7m€6.9m▲
Deferred charges and accrued income490/1€0.02m€0.009m▼
Equity and liabilities
Total equity and liabilities10/49€6.9m€7.8m▲
Equity10/15€5.8m€6.8m▲
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€5.7m€6.7m▲
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Distributable reserves133€5.7m€6.7m▲
Amounts payable17/49€1.1m€1.0m▼
Amounts payable within one year42/48€1.1m€1.0m▼
Trade debts44€0.5m€0.4m▼
Suppliers440/4€0.5m€0.4m▼
Taxes, remuneration and social security45€0.6m€0.6m▼
Taxes450/3€0.3m€0.1m▼
Remuneration and social security454/9€0.4m€0.4m▲
Income statement Code20242025
Operating income70/76A€11.4m€11.4m▼
Turnover70€11.3m€11.3m=
Other operating income74€0.09m€0.08m▼
Non-recurring operating income76A-€0.005m
Operating charges60/66A€9.6m€10.0m▲
Services and other goods61€6.2m€6.4m▲
Remuneration, social security and pensions62€2.9m€3.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.4m▼
Other operating charges640/8€0.02m€0.03m▲
Non-recurring operating charges66A€0.002m-
Operating profit (loss)9901€1.8m€1.4m▼
Financial income75/76B€0.003m-
Recurring financial income75€0.003m-
Other financial income752/9€0.003m-
Financial charges65/66B€0.003m€0.003m▲
Recurring financial charges65€0.003m€0.003m▲
Other financial charges652/9€0.003m€0.003m▲
Profit (loss) for the period before taxes9903€1.8m€1.4m▼
Income taxes67/77€0.5m€0.4m▼
Taxes670/3€0.5m€0.4m▼
Tax adjustments and reversals of tax provisions77€0.008m-
Profit (loss) for the period9904€1.4m€1.0m▼
Profit (loss) for the period to be appropriated9905€1.4m€1.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.4m€1.0m▼
Transfer to equity691/2€1.4m€1.0m▼
To other reserves6921€1.4m€1.0m▼
Social balance sheet
Average headcount (FTE)908763.064.1▲

The notes to these accounts (35 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€8.7m€10.4m€10.4m€11.4m€11.4m▼ 0.1%
Turnover70€6.6m€6.9m€8.4m€8.6m€10.3m€10.3m€11.3m€11.3m=
Other operating income74---€0.1m€0.06m€0.07m€0.09m€0.08m▼ 14.4%
Non-recurring operating income76A---€0.02m-€0.02m-€0.005m-
Operating charges60/66A---€7.6m€9.2m€9.4m€9.6m€10.0m▲ 4.6%
Services and other goods61---€4.0m€5.9m€5.9m€6.2m€6.4m▲ 3.1%
Remuneration, social security and pensions62---€3.0m€2.7m€3.0m€2.9m€3.2m▲ 10.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.7m€0.6m€0.6m€0.6m€0.5m€0.5m€0.4m▼ 8.8%
Other operating charges640/8---€0.02m€0.02m€0.02m€0.02m€0.03m▲ 26.1%
Non-recurring operating charges66A------€0.002m--
Operating profit (loss)9901€0.5m€0.2m€1.1m€1.1m€1.1m€1.0m€1.8m€1.4m▼ 24.6%
Financial income75/76B------€0.003m--
Recurring financial income75€0.008m€0.04m€0.04m---€0.003m--
Other financial income752/9------€0.003m--
Financial charges65/66B---€0.01m€0.01m€0.01m€0.003m€0.003m▲ 12.7%
Recurring financial charges65€0.004m€0.009m€0.01m€0.01m€0.01m€0.01m€0.003m€0.003m▲ 12.7%
Debt charges650€0.002m€0.008m€0.008m€0.008m€0.009m€0.007m---
Other financial charges652/9---€0.002m€0.003m€0.003m€0.003m€0.003m▲ 12.7%
Profit (loss) for the period before taxes9903€0.5m€0.2m€1.2m€1.1m€1.1m€1.0m€1.8m€1.4m▼ 24.8%
Income taxes67/77€0.07m€0.07m€0.3m€0.3m€0.3m€0.3m€0.5m€0.4m▼ 22.5%
Taxes670/3---€0.3m€0.3m€0.3m€0.5m€0.4m▼ 23.7%
Tax adjustments and reversals of tax provisions77------€0.008m--
Profit (loss) for the period9904€0.4m€0.2m€0.9m€0.8m€0.8m€0.7m€1.4m€1.0m▼ 25.5%
Profit (loss) for the period to be appropriated9905€0.4m€0.2m€0.9m€0.8m€0.8m€0.7m€1.4m€1.0m▼ 25.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€3.2m€3.5m€4.9m€5.4m€6.6m€5.4m€6.9m€7.8m▲ 12.3%
Fixed assets21/28€1.0m€1.0m€1.3m€1.7m€1.4m€1.0m€0.9m€0.7m▼ 27.7%
Tangible fixed assets22/27€1.0m€1.0m€1.2m€1.7m€1.4m€1.0m€0.9m€0.6m▼ 28.2%
Plant, machinery and equipment23---€0.04m€0.02m€0.01m€0.004m€0.002m▼ 57.1%
Furniture and vehicles24---€1.7m€1.4m€0.9m€0.9m€0.6m▼ 28.1%
Financial fixed assets28€0.005m€0.006m€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m▲ 4.4%
Other financial fixed assets284/8---€0.01m€0.01m€0.01m€0.01m€0.01m▲ 4.4%
Amounts receivable and cash guarantees285/8---€0.01m€0.01m€0.01m€0.01m€0.01m▲ 4.4%
Current assets29/58€2.2m€2.5m€3.7m€3.7m€5.2m€4.5m€6.0m€7.1m▲ 18.4%
Amounts receivable within one year40/41€1.4m€0.8m€3.1m€1.0m€3.8m€1.2m€0.3m€0.2m▼ 21.4%
Trade receivables40---€0.9m€3.8m€1.0m€0.001m--
Other amounts receivable41---€0.08m€12€0.1m€0.3m€0.2m▼ 21.2%
Cash at bank and in hand54/58€0.8m€1.6m€0.6m€2.7m€1.4m€3.3m€5.7m€6.9m▲ 20.6%
Deferred charges and accrued income490/1---€0.004m€0.02m€0.008m€0.02m€0.009m▼ 57.4%
Equity and liabilities
Total equity and liabilities10/49€3.2m€3.5m€4.9m€5.4m€6.6m€5.4m€6.9m€7.8m▲ 12.3%
Equity10/15€1.1m€1.2m€2.1m€2.9m€3.7m€4.4m€5.8m€6.8m▲ 17.7%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10---€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100---€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€1.0m€1.1m€2.0m€2.8m€3.6m€4.3m€5.7m€6.7m▲ 17.9%
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130---€0.006m€0.006m€0.006m€0.006m€0.006m=
Distributable reserves133---€2.8m€3.6m€4.3m€5.7m€6.7m▲ 17.9%
Amounts payable17/49€2.2m€2.3m€2.9m€2.5m€2.9m€1.0m€1.1m€1.0m▼ 15.0%
Amounts payable within one year42/48€2.2m€2.3m€2.9m€2.5m€2.9m€1.0m€1.1m€1.0m▼ 15.0%
Financial debts43---€1.5m€1.5m----
Other loans439---€1.5m€1.5m----
Trade debts44€0.4m€0.4m€0.6m€0.6m€0.7m€0.5m€0.5m€0.4m▼ 19.1%
Suppliers440/4---€0.6m€0.7m€0.5m€0.5m€0.4m▼ 19.1%
Taxes, remuneration and social security45---€0.4m€0.7m€0.5m€0.6m€0.6m▼ 11.8%
Taxes450/3---€0.009m€0.4m€0.08m€0.3m€0.1m▼ 55.0%
Remuneration and social security454/9---€0.4m€0.4m€0.4m€0.4m€0.4m▲ 18.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.4m€0.2m€0.9m€0.8m€0.8m€0.7m€1.4m€1.0m▼ 25.5%
+ Depreciation and write-downs630€0.5m€0.7m€0.6m€0.6m€0.6m€0.5m€0.5m€0.4m▼ 8.8%
Operating cash flow (approximation)€0.9m€0.8m€1.5m€1.4m€1.4m€1.2m€1.9m€1.5m▼ 21.2%
Investment in fixed assets (approximation)--€0.7m-€0.9m-€1.1m-€0.3m€0.001m-€0.4m-€0.2m▲ 56.0%
Change in cash-€0.8m-€1.0m€2.1m-€1.3m€1.8m€2.4m€1.2m▼ 52.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2025 full format 18-06-2026 2026-00178899
31-12-2024 full format 24-06-2025 2025-00189077
31-12-2023 full format 18-06-2024 2024-00146104
31-12-2022 full format 21-06-2023 2023-00157118
31-12-2021 full format 28-06-2022 2022-20109426
31-12-2020 full format 15-06-2021 2021-20000415
31-12-2019 full format 25-06-2020 2020-21000411
31-12-2018 full format 25-06-2019 2019-22700155
31-12-2017 full format 25-06-2018 2018-22700547
31-12-2016 full format 22-06-2017 2017-20400304

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.