Euforbia Transport
ActiveSummary
The annual accounts of Euforbia Transport for fiscal year 2024 show a net loss of 60% of the equity at the start of that year. The 2024 annual accounts show equity of €178k and a net result of €-266k. Equity is shrinking by ~14% per year across the filed fiscal years. Its solvency ranks better than 29% of 1124 sector peers (fiscal year 2024). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-5
Solvency43▼-14
Growth22=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.91 against 1.35 in 2023; short-term debt: 63.3% and cash: 3% of total assets), and 81.6% 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
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.4%
Return on assets
-27.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-266k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-11-2025, 117 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
117 d late
2023
180 d late
2022
29 d late
2021
10 d late
2020
99 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€1.93M▲ 14.1%
2023 · €1.69M
2018: €3.68M
2019: €3.60M
2020: €3.07M
2021: €3.01M
2022: €2.69M
2023: €1.69M
2018 → 2024
EBIT margin
-14.0%▲ 1.1pp
2023 · -15.1%
2018: 0.4%
2019: -2.1%
2020: -3.7%
2021: -3.2%
2022: 6.7%
2023: -15.1%
2018 → 2024
Net result
€-266k▼ 5.3%
2023 · €-253k
2018: €-15k
2019: €-83k
2020: €-125k
2021: €-108k
2022: €118k
2023: €-253k
2018 → 2024
Working capital
€-53k
2023 · €208k
2018: €439k
2019: €388k
2020: €236k
2021: €151k
2022: €332k
2023: €208k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€3.07M-€3.01M▼ 1.9%€2.69M▼ 10.6%€1.69M▼ 37.3%€1.93M▲ 14.1%
Equity€686k-€578k▼ 15.8%€696k▲ 20.5%€444k▼ 36.3%€178k▼ 60.0%
Operating result€-115k-€-96k▲ 16.4%€181k€-255k€-269k▼ 5.6%
Net result€-125k-€-108k▲ 13.4%€118k€-253k€-266k▼ 5.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €269k in 2024 against €255k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €964k
Fixed assets
€407k ▼ 31.4%
Current assets
€557k ▼ 30.7%
Equity and liabilities €964k
Equity
€178k ▼ 60.0%
Debt
€787k ▼ 17.6%
Debt's share of the balance-sheet total rises from 68.3% to 81.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-93k▼
2023 · €-20k
Cash flow
€-90k▼
2023 · €-18k
Current ratio
0.91▼
2023 · 1.35
Debt to equity
4.43▲
2023 · 2.15
ROE
-149.7%▼
2023 · -56.9%
ROA
-27.6%▼
2023 · -18.1%
Interest coverage
-7.66▼
2023 · -1.26
Debt ≤ 1 year
€611k▲
2023 · €596k
Debt > 1 year
€105k▼
2023 · €267k
Income taxes
€164▲
2023 · €153
Staff costs
€659k▼
2023 · €711k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 72 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.40M€964k▼
Fixed assets21/28€594k€407k▼
Tangible fixed assets22/27€455k€268k▼
Plant, machinery and equipment23€23k€15k▼
Furniture and vehicles24€12k€334▼
Leasing and similar rights25€420k€253k▼
Financial fixed assets28€139k€139k=
Affiliated companies280/1€137k€137k=
Participating interests280€137k€137k=
Other financial fixed assets284/8€2k€2k=
Amounts receivable and cash guarantees285/8€2k€2k=
Current assets29/58€804k€557k▼
Amounts receivable within one year40/41€735k€494k▼
Trade receivables40€328k€179k▼
Other amounts receivable41€407k€315k▼
Cash at bank and in hand54/58€46k€29k▼
Deferred charges and accrued income490/1€23k€34k▲
Equity and liabilities
Total equity and liabilities10/49€1.40M€964k▼
Equity10/15€444k€178k▼
Contributions10/11€496k€496k=
Capital10€188k€188k=
Issued capital100€188k€188k=
Outside capital11€308k€308k=
Share premium1100/10€308k€308k=
Reserves13€374k€374k=
Non-distributable reserves130/1€18k€18k=
Legal reserve130€18k€18k=
Tax-exempt reserves132€346k€346k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-427k€-693k▼
Amounts payable17/49€954k€787k▼
Amounts payable after more than one year17€267k€105k▼
Financial debts170/4€267k€105k▼
Leasing and similar obligations172€267k€105k▼
Amounts payable within one year42/48€596k€611k▲
Current portion of amounts payable after more than one year42€175k€162k▼
Trade debts44€251k€297k▲
Suppliers440/4€251k€297k▲
Taxes, remuneration and social security45€100k€82k▼
Taxes450/3€10k€10k▼
Remuneration and social security454/9€90k€72k▼
Other amounts payable47/48€70k€70k=
Accrued charges and deferred income492/3€91k€71k▼
Income statement
Code20232024
Operating income70/76A€2.02M€2.18M▲
Turnover70€1.69M€1.93M▲
Other operating income74€168k€172k▲
Non-recurring operating income76A€163k€80k▼
Operating charges60/66A€2.28M€2.45M▲
Goods for resale, raw materials and consumables60€251k€419k▲
Purchases600/8€251k€419k▲
Services and other goods61€1.07M€1.16M▲
Remuneration, social security and pensions62€711k€659k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€235k€176k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€415
Other operating charges640/8€8k€8k▲
Non-recurring operating charges66A€839€30k▲
Operating profit (loss)9901€-255k€-269k▼
Financial income75/76B€20k€17k▼
Recurring financial income75€20k€17k▼
Other financial income752/9€20k€17k▼
Financial charges65/66B€17k€13k▼
Recurring financial charges65€17k€13k▼
Debt charges650€16k€12k▼
Other financial charges652/9€1k€1k▼
Profit (loss) for the period before taxes9903€-252k€-266k▼
Income taxes67/77€153€164▲
Taxes670/3€153€164▲
Profit (loss) for the period9904€-253k€-266k▼
Profit (loss) for the period to be appropriated9905€-253k€-266k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-427k€-693k▼
Profit (loss) brought forward from the previous period14P€-174k€-427k▼
Social balance
Average headcount (FTE)908710.89.4▼
The notes to these accounts (54 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-08
State Gazette act
Appointment: PKF Bofidi Audit BV (statutory auditor)Permanent representative: Jeroen Rans2 facts ▸
State Gazette act
Appointment: PKF Bofidi Audit BV (statutory auditor)
Permanent representative: Jeroen Rans2 facts ▸
- Auditor appointment, PKF Bofidi Audit BV (statutory auditor)
- Permanent representative, Jeroen Rans (permanent representative)
2025
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 117 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 180 days late
2024
31-12
Financial
Weakest financial yearnet €-266k
Net result drops to €-266k, the lowest in the series.
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial
Back to profitnet €118k
Net result €118k after 4 loss-making years.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 10 days late
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 63 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Kalmthout · 1 establishment unit since 1996
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.
Bloemstraat (Ab) 562920 KalmthoutGround area
4.8 ha
Building footprint
7,165 m²
Volume, LiDAR
56,148 m³
Parcel 11662A0081/00L000, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
EUFORBIA TRANSPORT
since 19962.077.035.561
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662A0081/00L000 | Flanders | 4.8 ha | 1 · 7,165 m² | 13.3 m · 3 fl. |
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.
Statutory auditor
1 auditor| PKF Bofidi Audit BVCurrent Statutory auditor · represented by Jeroen Rans | 11-08-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteKalmthout2.077.035.561
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BE 1006.741.917
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BE 1007.789.616
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BERKAY-TRANS
BE 0875.958.993
Schaarbeek · Eq €177,800
VRS VAN EECKHOUT
BE 0889.137.830
Estaimpuis · Eq €177,805
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 6,285 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-06-1996
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.