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Degels Transal

Active
Private limited companyfounded 1967active for 59 yearsJaagpad 4, 8900 Ieper, BelgiumKBO/BCE: BE 0401.604.150
Summary

Degels Transal has been active since 1967 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €249,283 and a net result of -€22,395. Equity is growing by about 9.9% per year across the filed financial years. Its solvency ranks better than 69% of 2,324 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Freight transport by road
NACE 49410
2nd oldest company in Ypres, Transport and storage sector1 site
Size
€448,168total assets 2025
Staff
1.7 FTE
Equity
€249,283
Loss
-€22,395
Turnover not published (abbreviated or micro format)
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Accounts filed 5 days late1 of 5 deeds read
Why 66raises riskSector: Land transport and transport via pipelines (NACE 49)Liquidity: current ratio 2.32, cash €6,841, halvedLoss of €22,395 (financial year 2025)lowers riskEquity €249,283 (55.6% of total assets)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 42% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Strong
Solvency 81+3
equity 55.6% of total assets
Liquidity 40-10
short-term debt 29.2% · cash 1.5%
Profitability 63-6
return on assets -5.0%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,080 companies, NACE 49, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025lowest value 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▼ -0.1 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026highest value 10-2026: 1.0%● unchanged vs 09-2026highest value
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.32, compared with 2.53 in 2024, above the usual 1.5; short-term debt: 29.2% and cash: 1.5% of total assets), and 44.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 68% on solvency, 38% on liquidity, 34% on profitability and 28% on growth.

The bankruptcy probability was computed on 17-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Liquidity: current ratio 2.32, cash €6,841, halved
NBB · annual accounts
raises risk · Loss of €22,395 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €249,283 (55.6% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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
5 days late
2024
22 days early
2023
1 day early
2022
67 days early
2021
8 days late
2020
15 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days before the deadline; the sector median (NACE 49) for financial year 2024 is 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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€22,395
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 10% on net resultsector median €22,710 · 2,320 companies -€22,395 View
  • Active since 1967founded 01-07-1967 59 years View
  • Total assets 20256 financial years filed €448,168 View

By topic

Financials

Financial year
2025
Total assets
€448,168
Loss
-€22,395
Solvency
55.6%
Total assets▼ 12.3%
Net result
20182025
Go to Financials

Timeline

Events
54
Since
1978
Next accounts
by 31-07-2027
  1. 25-09-2024Resignations: Filip Degels (manager) and Marjola Maes…
  2. 30-07-2024Annual accounts filed
  3. 25-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
01-07-1967
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
32
Who signs
Each director alone
Annual meeting
Last Saturday of May at 17:00
Purpose
“Het ondernemen van alle vervoer van personen, goederen en zaken, evenals de handel in ruwe…” (deed in Dutch)
Go to Articles of association

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