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ELROTRANS

Active1 interim measure
Private limited companyfounded 1994active for 32 yearsGrote Baan 126, 9310 Aalst, BelgiumKBO/BCE: BE 0453.476.780
Summary

The file of ELROTRANS contains 1 interim measure and 3 judicial reorganisation notices, as published in the Belgian Official Gazette. The computed 12-month bankruptcy probability is 15.5% (high). The 2025 annual accounts show negative equity (-€280,203) and a net result of €1,933. Equity is shrinking by about 24% per year across the filed financial years. Its solvency ranks better than 5% of 2,305 sector peers (NACE 49, financial year 2025).

Overview

Activity
Freight transport by road
NACE 49410
2 sites
Size
€742,589total assets 2025
Staff
7.3 FTE
Equity
-€280,203
Profit
€1,933
Turnover not published (abbreviated format)
Financial health
14 Critical Checked score 2025
Bankruptcy probabilitywithin 12 months
15.5%
Structure
Accounts 2 days early0 of 2 deeds read
Why 14raises riskJudicial reorganisation on record (3 publications, latest 26-05-2023)Negative equity -€280,203Liquidity: current ratio 0.63, cash €805Sector: Land transport and transport via pipelines (NACE 49)Show the evidence

Checked score

Score 2025
14 / 100
Critical
Probability in this band: over 15.0%
Financially better than 18% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -37.7% of total assets
Liquidity 0=
short-term debt 130.6% · cash 0.1%
Profitability 53-3
return on assets 0.3%
Bankruptcy probability, 12 months
15.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,063 companies, NACE 49, micro)
Last 24 months 11-2024: ≥ 25%highest value 12-2024: 24.8%▼ -3.0 percentage points vs 11-2024 01-2025: ≥ 25%▲ +1.5 percentage points vs 12-2024 02-2025: 24.0%▼ -2.3 percentage points vs 01-2025 03-2025: 24.0%● unchanged vs 02-2025 04-2025: 24.0%● unchanged vs 03-2025 05-2025: 21.8%▼ -2.2 percentage points vs 04-2025 06-2025: 19.7%▼ -2.1 percentage points vs 05-2025 07-2025: 19.7%● unchanged vs 06-2025 08-2025: 19.7%● unchanged vs 07-2025 09-2025: 19.4%▼ -0.3 percentage points vs 08-2025 10-2025: 19.5%▲ +0.1 percentage points vs 09-2025 11-2025: 19.5%● unchanged vs 10-2025 12-2025: 19.0%▼ -0.5 percentage points vs 11-2025 01-2026: 20.6%▲ +1.6 percentage points vs 12-2025 02-2026: 24.3%▲ +3.7 percentage points vs 01-2026 03-2026: 20.3%▼ -4.0 percentage points vs 02-2026 04-2026: 20.3%● unchanged vs 03-2026 05-2026: 20.3%● unchanged vs 04-2026 06-2026: 15.6%▼ -4.7 percentage points vs 05-2026 07-2026: 15.6%● unchanged vs 06-2026 08-2026: 15.6%● unchanged vs 07-2026 09-2026: 15.4%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: 15.5%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.63, compared with 0.58 in 2024; short-term debt: 130.6% and cash: 0.1% of total assets), and equity is negative.
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 5% on solvency, 2% on liquidity, 29% on profitability and 39% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Seven signals.
+raises risk○neutral
raises risk · Judicial reorganisation on record (3 publications, latest 26-05-2023)
Belgian Official Gazette
raises risk · Negative equity -€280,203
NBB · annual accounts
raises risk · Liquidity: current ratio 0.63, cash €805
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2305 sector peers (2025).
NBB · sector comparison
Position among 2305 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · Interim administration
1 publication on interim administration in the Belgian Official Gazette. An early signal, not a finding of bankruptcy.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
10 days early
2023
2 days early
2022
1 day early
2021
3 days early
2020
2 days early
2019
1 day 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 3 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Back to profitnet €4,471

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€280,203 View
  • Caution: Among the weakest 5% on solvencysector median 39.4% · 2,305 companies -37.7% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€742,589
Profit
€1,933
Solvency
-37.7%
Total assets▲ 7.6%
Net result
20192025
Go to Financials

Timeline

Events
37
Since
1997
Next accounts
by 31-01-2027
  1. 29-01-2024Annual accounts filed
  2. 26-05-2023Plan homologation
  3. 07-04-2023Extension
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
22-09-1994
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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