ERTA TRANS
ActiveERTA TRANS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €2k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 864 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-5
Solvency63▲+6
Growth76▼-3
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.7 in 2024; short-term debt: 36% and cash: 6.7% of total assets), and 62.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · 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
37.7%
Return on assets
1.3%
Age of the figures
9 mo
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
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
61 d late
2023
54 d late
2022
40 d late
2021
31 d late
2020
30 d early
2019
21 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€167k▲ 9.1%
2024 · €153k
2023: €134k
2024: €153k
2023 → 2025
EBIT margin
0.7%▼ 9.4pp
2024 · 10.2%
2023: 6.0%
2024: 10.2%
2023 → 2025
Net result
€2k▼ 86.2%
2024 · €14k
2018: €1k
2019: €907
2020: €2k
2021: €4k
2022: €7k
2023: €4k
2024: €14k
2018 → 2025
Working capital
€7k▼ 78.3%
2024 · €33k
2018: €27k
2019: €20k
2020: €25k
2021: €37k
2022: €43k
2023: €31k
2024: €33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€134k€153k▲ 14.5%€167k▲ 9.1%
Equity€38k-€45k▲ 19.0%€49k▲ 7.9%€63k▲ 29.5%€59k▼ 6.5%
Operating result€7k-€10k▲ 44.5%€8k▼ 18.4%€16k▲ 95.3%€1k▼ 92.0%
Net result€4k-€7k▲ 74.9%€4k▼ 50.6%€14k▲ 304%€2k▼ 86.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 92% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €156k
Fixed assets
€93k▼ 20.1%
Current assets
€63k▼ 21.4%
Equity and liabilities €156k
Equity
€59k▼ 6.5%
Debt
€97k▼ 27.3%
The debt ratio falls from 68.0% to 62.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€43k▲
2024 · €41k
Cash flow
€44k▲
2024 · €39k
Solvency
37.7%▲
2024 · 32.0%
Current ratio
1.13▼
2024 · 1.70
Quick ratio
1.13▼
2024 · 1.70
Debt / equity
1.66▼
2024 · 2.13
ROE
3.4%▼
2024 · 22.8%
ROA
1.3%▼
2024 · 7.3%
Interest coverage
15.23▼
2024 · 32.93
Debt
€97k▼
2024 · €134k
Debt ≤ 1 year
€56k▲
2024 · €48k
Debt > 1 year
€41k▼
2024 · €86k
Staff costs
€1k
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€197k€156k▼
Fixed assets21/28€116k€93k▼
Tangible fixed assets22/27€116k€93k▼
Furniture and vehicles24€41k€29k▼
Leasing and similar rights25€75k€53k▼
Other tangible fixed assets26-€12k
Current assets29/58€81k€63k▼
Amounts receivable within one year40/41€76k€53k▼
Trade receivables40€24k€18k▼
Other amounts receivable41€52k€35k▼
Cash at bank and in hand54/58€3k€10k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€197k€156k▼
Equity10/15€63k€59k▼
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€29k€18k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€27k€16k▼
Profit (loss) carried forward14€14k€21k▲
Amounts payable17/49€134k€97k▼
Amounts payable after more than one year17€86k€41k▼
Financial debts170/4€86k€41k▼
Amounts payable within one year42/48€48k€56k▲
Current portion of amounts payable after more than one year42€21k€45k▲
Trade debts44€25k€4k▼
Suppliers440/4€25k€4k▼
Taxes, remuneration and social security45€1k€7k▲
Taxes450/3€1k€7k▲
Income statement
Code20242025
Turnover70€153k€167k▲
Non-recurring operating income76A€11k€28k▲
Goods, raw materials, services and sundry goods60/61€121k€146k▲
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€42k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€43k€49k▲
Operating profit (loss)9901€16k€1k▼
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€14k€2k▼
Profit (loss) for the period9904€14k€2k▼
Profit (loss) for the period to be appropriated9905€14k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€16k▲
Profit (loss) brought forward from the previous period14P€-18€14k▲
Transfer from equity791/2-€5k
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €14k ▲304%
Operating result €16k, net result €14k, both a record.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
09-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 40 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 7.75
Current ratio from 3.69 to 7.75; short-term debt falls from €14k to €6k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Weakest financial yearnet €907 ▼28.6%
Net result drops to €907, the lowest in the series; recovery starts the following year.
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 146 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 90 days late
2017
23-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 84 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Merelbeke-Melle · 1 establishment unit since 2013
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.
Palmstraat 449090 Merelbeke-MelleGround area
292 m²
Building footprint
130 m²
Parcel 44402A0473/00E002, Flanders. Linked by address, not a title deed.
1 establishment unit
ERTA TRANS
since 20132.219.597.154
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44402A0473/00E002 | Flanders | 292 m² | 1 · 130 m² | - |
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
2023 · 2 entries · 1,698 EUR awarded · 1,698 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 1,698 EUR | 1,698 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
AGA'S TRANS
BE 1005.213.671
Wommelgem · Eq €59k
AND MAR TRANS
BE 0771.511.670
Anderlecht · Eq €59k
DRIES LEYN
BE 0697.729.017
Zulte · Eq €59k
MMA LOGISTICS
BE 1008.443.078
Brussel · Eq €59k
VANLUYTEN P.
BE 0881.515.907
Halen · Eq €59k
Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 6,099 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2013
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.