DIVATRANS
ActiveDIVATRANS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €291k and a net result of €8k. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 1832 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-4
Solvency45▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.93 against 1.03 in 2024; short-term debt: 35% and cash: 5.3% of total assets), and 79.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.4%
Return on assets
0.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €291k
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 25-02-2026, 156 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
156 d early
2024
104 d early
2023
75 d early
2022
150 d early
2021
79 d early
2020
134 d early
2019
84 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€291k▲ 2.7%
2024 · €283k
2018: €334k
2019: €376k
2020: €370k
2021: €360k
2022: €196k
2023: €244k
2024: €283k
2018 → 2025
Total assets
€1.42M▲ 28.6%
2024 · €1.11M
2018: €1.29M
2019: €1.69M
2020: €1.44M
2021: €1.20M
2022: €926k
2023: €962k
2024: €1.11M
2018 → 2025
Net result
€8k▼ 78.9%
2024 · €40k
2018: €54k
2019: €42k
2020: €4k
2021: €56k
2022: €-165k
2023: €48k
2024: €40k
2018 → 2025
Working capital
€-37k
2024 · €10k
2018: €149k
2019: €169k
2020: €134k
2021: €158k
2022: €18k
2023: €51k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€360k-€196k▼ 45.7%€244k▲ 24.3%€283k▲ 16.2%€291k▲ 2.7%
Operating result€5k-€-156k€59k€69k▲ 17.3%€52k▼ 24.8%
Net result€56k-€-165k€48k€40k▼ 15.6%€8k▼ 78.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets
€962k▲ 23.5%
Current assets
€462k▲ 40.7%
Equity and liabilities €1.42M
Equity
€291k▲ 2.7%
Debt
€1.13M▲ 37.5%
The debt ratio rises from 74.5% to 79.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€265k▲
2024 · €226k
Cash flow
€221k▲
2024 · €197k
Solvency
20.4%▼
2024 · 25.5%
Current ratio
0.93▼
2024 · 1.03
Quick ratio
0.93▼
2024 · 1.03
Debt / equity
3.90▲
2024 · 2.91
ROE
2.9%▼
2024 · 14.2%
ROA
0.6%▼
2024 · 3.6%
Interest coverage
6.22▼
2024 · 9.15
Debt
€1.13M▲
2024 · €824k
Debt ≤ 1 year
€499k▲
2024 · €318k
Debt > 1 year
€635k▲
2024 · €507k
Income taxes
€1k▼
2024 · €4k
Staff costs
€731k▲
2024 · €567k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.11M€1.42M▲
Fixed assets21/28€779k€962k▲
Intangible fixed assets21-€6k
Tangible fixed assets22/27€778k€955k▲
Land and buildings22€184k€159k▼
Plant, machinery and equipment23€47k€48k▲
Furniture and vehicles24€152k€145k▼
Leasing and similar rights25€396k€602k▲
Financial fixed assets28€690€825▲
Current assets29/58€328k€462k▲
Amounts receivable within one year40/41€277k€346k▲
Trade receivables40€277k€346k▲
Other amounts receivable41-€135
Cash at bank and in hand54/58€13k€75k▲
Deferred charges and accrued income490/1€38k€41k▲
Equity and liabilities
Total equity and liabilities10/49€1.11M€1.42M▲
Equity10/15€283k€291k▲
Contributions10/11€20k€20k=
Reserves13€263k€271k▲
Tax-exempt reserves132€59k€59k=
Distributable reserves133€204k€212k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€824k€1.13M▲
Amounts payable after more than one year17€507k€635k▲
Financial debts170/4€507k€635k▲
Amounts payable within one year42/48€318k€499k▲
Current portion of amounts payable after more than one year42€167k€215k▲
Trade debts44€103k€166k▲
Suppliers440/4€103k€166k▲
Taxes, remuneration and social security45€47k€96k▲
Taxes450/3€26k€57k▲
Remuneration and social security454/9€20k€38k▲
Other amounts payable47/48€1k€22k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€40k€0▼
Remuneration, social security and pensions62€567k€731k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€157k€213k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€13k€21k▲
Non-recurring operating charges66A€0€1k▲
Gross operating margin9900€806k€1.02M▲
Operating profit (loss)9901€69k€52k▼
Financial income75/76B€4€93▲
Recurring financial income75€4€93▲
Financial charges65/66B€25k€43k▲
Recurring financial charges65€25k€43k▲
Profit (loss) for the period before taxes9903€45k€10k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€40k€8k▼
Profit (loss) for the period to be appropriated9905€40k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€8k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€859€833▼
Transfer to equity691/2€40k€8k▼
To other reserves6921€40k€8k▼
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
Social balance
Average headcount (FTE)90877.08.6▲
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
31-12
Financial
Equity above €200kEq €244k ▲24.3%
Equity rises from €196k to €244k.
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-165k ▼393%
Net result drops to €-165k, the lowest in the series; recovery starts the following year.
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €56k ▲1270%
Net result €56k, the highest in the series.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-12-2025
Resigned as Director
Location & real-estate footprint
Registered office, Staden · 1 establishment unit since 1989
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.
Ter Eike(STA) 218840 StadenGround area
1,948 m²
Building footprint
346 m²
Parcel 36019E1073/00F000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
DIVATRANS
since 19892.043.664.789
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36019E1073/00F000 | Flanders | 1,948 m² | 1 · 346 m² | 0.1 m |
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
2022 to 2025 · 5 entries · 9,796 EUR awarded · 9,796 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 299 EUR | 299 EUR |
| 2024 | 1 | 182 EUR | 182 EUR |
| 2023 | 2 | 8,910 EUR | 8,910 EUR |
| 2022 | 1 | 405 EUR | 405 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteStaden2.043.664.789
Similar companies · same sector, comparable size
SHEVA TRANSPORTS
BE 0886.432.520
Merchtem · Eq €291k
BMS
BE 0801.585.729
Anderlecht · Eq €290k
TRANSSYSTEMS
BE 0872.347.328
Antwerpen · Eq €290k
HIPA
BE 0402.081.331
Merelbeke-Melle · Eq €291k
VERVOER LIECKENS
BE 0429.002.888
Grobbendonk · Eq €291k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 5,870 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-1989
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
49420Removal services
52250Logistics services
52290Warehousing and support activities for transportation
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.