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DECRUY TRANSPORT

Active
Public limited companyfounded 1988active for 38 yearsIepersteenweg 78, 8650 Houthulst, BelgiumKBO/BCE: BE 0434.882.474

From the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of DECRUY TRANSPORT is 4.5% (elevated). The 2024 annual accounts show equity of €231,519 and a net result of €16,776. Equity has been growing by about 3.9% per year since 2018. Its solvency ranks better than 27% of 1,854 sector peers (NACE 49, financial year 2024). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 03-08-1988 Normal situation
Activity
Freight transport by road NACE 49410
Establishment unit
2.041.708.854 8650 Houthulst, since 02-02-1998
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • A.A.F.-INVESTDirector · since 28-11-2023 · permanent representative André Decruy
  • DALEXADirector · since 28-11-2023 · permanent representative Alexander Decruy
  • NF-INVESTDirector · since 28-11-2023 · permanent representative DECRUY Frederik

Financial position

38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.5%
Annual accounts 2024
Gross margin
€540,897
▲ 38.6%
Turnover
≈ €1.2m
estimated
Profit
€16,776
Equity
€231,519
▲ 7.8%
Total assets
€970,976
▼ 8.5%
Staff
6.1 FTE
▲ 22.0%
2025 accounts not filed, 93 days past the deadline
Filed on 14-08-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 19-08-2025)Liquidity: current ratio 1.24, cash €8,754Sector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1988Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 36% of micro companies in land transport (NACE 49)
Financial strength · tick: 2023
Average
Solvency 49+4
equity 23.8% of total assets
Liquidity 16-2
short-term debt 66.6% · cash 0.9%
Profitability 71+27
return on assets 1.7%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.8%▼ -0.1 percentage points vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025lowest value 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.9%▲ +0.1 percentage points vs 05-2025 07-2025: 2.1%▲ +0.2 percentage points vs 06-2025 08-2025: 2.9%▲ +0.8 percentage points vs 07-2025 09-2025: 2.1%▼ -0.8 percentage points vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.0%▼ -0.1 percentage points vs 02-2026 04-2026: 2.0%● unchanged vs 03-2026 05-2026: 2.0%● unchanged vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 3.0%▲ +1.0 percentage point vs 07-2026 09-2026: 3.5%▲ +0.5 percentage points vs 08-2026 10-2026: 4.5%▲ +1.0 percentage point vs 09-2026highest value
Credit of up to €8,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.24 (1.2 in 2023), below the usual 1.5. Short-term debt is 66.6% and cash 0.9% of total assets. 76.2% 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 35% of them on solvency, 14% on liquidity, 45% on profitability and 52% on growth.

The bankruptcy probability was computed on 31-10-2026 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 risk
raises risk · Figures for financial year 2024 (filed on 19-08-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.24, cash €8,754
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 14 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
14 days late
2023
6 days early
2022
53 days late
2021
18 days early
2020
20 days late
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 6 days after 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2024after a loss of €48,924 in 2023 €16,776 View

Comparable companies

These companies have the same main activity as DECRUY TRANSPORT: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €873,000 and €1.2m, founded between 1987 and 1993.

CompanyTotal assetsGross margin
DECRUY TRANSPORT Houthulst€1.0m€0.5m
ANNTRANS Wingene€1.0m€0.7m
DEVOS SERVICES Bekkevoort€0.9m€0.5m
VERVOER BOOGAERTS EMILE Leuven€0.9m€0.7m
ALTRANS Sint-Gillis-Waas€1.1m€0.5m
DESPIERRE LOGISTICS Houthulst€0.9m€0.7m
LIPPENS FOOD EXPRESS Izegem€1.2m€0.7m
Full comparison

Documents

Annual accounts at the NBB

All 36 annual accounts

Articles and registers

Key facts about DECRUY TRANSPORT

What is the company number of DECRUY TRANSPORT?
The company number of DECRUY TRANSPORT is 0434.882.474. The VAT number is the same number with BE in front: BE 0434.882.474.
Where is DECRUY TRANSPORT based?
The registered office is at Iepersteenweg 78, 8650 Houthulst.Company details
What does DECRUY TRANSPORT do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of DECRUY TRANSPORT?
The legal form of DECRUY TRANSPORT is Public limited company (NV).
When was DECRUY TRANSPORT founded?
DECRUY TRANSPORT was founded on 03-08-1988.
Is DECRUY TRANSPORT still active?
Yes, DECRUY TRANSPORT is an active enterprise in the KBO register.
How many employees does DECRUY TRANSPORT have?
DECRUY TRANSPORT had an average of 6.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of DECRUY TRANSPORT?
The turnover in financial year 2024 is ≈ €1.2m. This figure is estimated from the gross margin of €540,897 and 38 comparable companies (NACE 49410). It probably lies between €910,000 and €1.7m. In financial year 2019 turnover was €852,376.
Is DECRUY TRANSPORT profitable?
In financial year 2024, DECRUY TRANSPORT made a profit of €16,776.
Where can I find the annual accounts of DECRUY TRANSPORT?
DECRUY TRANSPORT filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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