Cawetrans
ActiveThe computed 12-month bankruptcy probability of Cawetrans is 2.9% (moderate). The 2024 annual accounts show equity of €221k and a net result of €73k. Equity is growing by ~46.9% per year across the filed fiscal years. Its solvency ranks better than 84% of 6714 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
100
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+3
Growth52=
Stability94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 4.57 against 2.19 in 2023), and 23.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
41 d early
2022
26 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€221k▲ 48.4%
2023 · €149k
2022: €81k
2023: €149k
2022 → 2024
Total assets
€290k▲ 7.4%
2023 · €270k
2022: €208k
2023: €270k
2022 → 2024
Net result
€73k▲ 6.6%
2023 · €68k
2022: €77k
2023: €68k
2022 → 2024
Working capital
€181k▲ 85.5%
2023 · €98k
2022: €19k
2023: €98k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€81k-€149k▲ 83.2%€221k▲ 48.4%
Operating result€96k-€95k▼ 1.0%€101k▲ 6.2%
Net result€77k-€68k▼ 11.2%€73k▲ 6.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 6% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €290k
Fixed assets
€58k▼ 35.8%
Current assets
€232k▲ 29.0%
Equity and liabilities €290k
Equity
€221k▲ 48.4%
Debt
€69k▼ 42.9%
The debt ratio falls from 45.0% to 23.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€134k▲
2023 · €128k
Cash flow
€105k▲
2023 · €101k
Solvency
76.1%▲
2023 · 55.0%
Current ratio
4.57▲
2023 · 2.19
Quick ratio
4.57▲
2023 · 2.19
Debt / equity
0.31▼
2023 · 0.82
ROE
33.0%▼
2023 · 46.0%
ROA
25.1%▼
2023 · 25.3%
Interest coverage
113.73▲
2023 · 85.55
Debt
€69k▼
2023 · €121k
Debt ≤ 1 year
€51k▼
2023 · €82k
Debt > 1 year
€18k▼
2023 · €39k
Income taxes
€28k▲
2023 · €26k
Staff costs
€1k▲
2023 · €980
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€270k€290k▲
Fixed assets21/28€90k€58k▼
Tangible fixed assets22/27€90k€58k▼
Furniture and vehicles24€90k€58k▼
Current assets29/58€180k€232k▲
Amounts receivable within one year40/41€16k€21k▲
Trade receivables40€15k€20k▲
Other amounts receivable41€2k€621▼
Cash at bank and in hand54/58€162k€210k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€270k€290k▲
Equity10/15€149k€221k▲
Contributions10/11€5k€5k=
Reserves13€144k€216k▲
Distributable reserves133€144k€216k▲
Amounts payable17/49€121k€69k▼
Amounts payable after more than one year17€39k€18k▼
Financial debts170/4€39k€18k▼
Amounts payable within one year42/48€82k€51k▼
Current portion of amounts payable after more than one year42€21k€21k=
Trade debts44€13k€14k▲
Suppliers440/4€13k€14k▲
Taxes, remuneration and social security45€18k€11k▼
Taxes450/3€18k€11k▼
Other amounts payable47/48€31k€5k▼
Accrued charges and deferred income492/3€214€275▲
Income statement
Code20232024
Remuneration, social security and pensions62€980€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€32k=
Other operating charges640/8€7k€10k▲
Gross operating margin9900€136k€145k▲
Operating profit (loss)9901€95k€101k▲
Financial income75/76B-€471
Recurring financial income75-€471
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€94k€101k▲
Income taxes67/77€26k€28k▲
Profit (loss) for the period9904€68k€73k▲
Profit (loss) for the period to be appropriated9905€68k€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€73k▲
Transfer to equity691/2€68k€72k▲
To other reserves6921€68k€72k▲
Profit to be distributed694/7€800€833▲
Return on contributions (dividend)694€800€833▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 4.57
Current ratio from 2.19 to 4.57; short-term debt falls from €82k to €51k.
31-12
Financial
Equity above €200kEq €221k ▲48.4%
3 profitable years in a row build equity to €221k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €68k ▼11.2%
Net result drops to €68k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €149k ▲83.2%
2 profitable years in a row build equity to €149k.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zwevegem · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vierkeerstraat(H) 1478551 ZwevegemGround area
1,205 m²
Building footprint
183 m²
Volume, LiDAR
901 m³
Parcel 34014B0775/03L000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cawetrans
since 20212.318.173.306
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34014B0775/03L000 | Flanders | 1,205 m² | 1 · 183 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 144 EUR awarded · 144 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 144 EUR | 144 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 6,050 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2021
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.