EXCLUTRANS
ActiveEXCLUTRANS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185k and a net result of €8k. Equity is growing by ~37.4% per year across the filed fiscal years. Its solvency ranks better than 31% of 911 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-1
Solvency45▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.46 in 2024; short-term debt: 33.6% and cash: 2.8% of total assets), and 79.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 77
Relative position
BE, all sectors
reference
Sector 77
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
20.1%
Return on assets
0.8%
Age of the figures
15 mo
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 · 8 filingsDeviation from the deadline
2025
2 d early
2024
6 d early
2023
27 d early
2022
6 d early
2021
10 d early
2020
5 d early
2019
25 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€185k▲ 4.0%
2024 · €178k
2019: €37k
2020: €34k
2021: €47k
2022: €154k
2023: €178k
2024: €178k
2019 → 2025
Total assets
€920k▼ 13.6%
2024 · €1.06M
2019: €96k
2020: €424k
2021: €413k
2022: €509k
2023: €1.10M
2024: €1.06M
2019 → 2025
Net result
€8k▼ 59.9%
2024 · €19k
2019: €12k
2020: €-2k
2021: €13k
2022: €106k
2023: €24k
2024: €19k
2019 → 2025
Working capital
€-138k▲ 24.2%
2024 · €-182k
2019: €19k
2020: €-59k
2021: €-46k
2022: €36k
2023: €-116k
2024: €-182k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€154k▲ 225%€178k▲ 15.9%€178k=€185k▲ 4.0%
Operating result€21k-€144k▲ 575%€54k▼ 62.7%€61k▲ 14.0%€45k▼ 26.1%
Net result€13k-€106k▲ 725%€24k▼ 77.1%€19k▼ 20.4%€8k▼ 59.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €920k
Fixed assets
€749k▼ 17.6%
Current assets
€171k▲ 9.5%
Equity and liabilities €920k
Equity
€185k▲ 4.0%
Debt
€734k▼ 17.1%
The debt ratio falls from 83.3% to 79.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€210k▲
2024 · €194k
Cash flow
€173k▲
2024 · €152k
Solvency
20.1%▲
2024 · 16.7%
Current ratio
0.55▲
2024 · 0.46
Quick ratio
0.55▲
2024 · 0.46
Debt / equity
3.97▼
2024 · 4.98
ROE
4.2%▼
2024 · 10.9%
ROA
0.8%▼
2024 · 1.8%
Interest coverage
6.84▲
2024 · 6.03
Debt
€734k▼
2024 · €886k
Debt ≤ 1 year
€309k▼
2024 · €338k
Debt > 1 year
€421k▼
2024 · €545k
Income taxes
€7k▼
2024 · €10k
Staff costs
€156k▼
2024 · €252k
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€1.06M€920k▼
Fixed assets21/28€908k€749k▼
Intangible fixed assets21€1k€3k▲
Tangible fixed assets22/27€906k€745k▼
Land and buildings22€325k€307k▼
Plant, machinery and equipment23€67k€58k▼
Furniture and vehicles24€290k€211k▼
Leasing and similar rights25€155k€106k▼
Other tangible fixed assets26€69k€62k▼
Financial fixed assets28€850€850=
Current assets29/58€156k€171k▲
Amounts receivable within one year40/41€97k€123k▲
Trade receivables40€51k€110k▲
Other amounts receivable41€47k€13k▼
Cash at bank and in hand54/58€41k€26k▼
Deferred charges and accrued income490/1€18k€22k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€920k▼
Equity10/15€178k€185k▲
Contributions10/11€19k€19k=
Reserves13€159k€167k▲
Distributable reserves133€159k€167k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€886k€734k▼
Amounts payable after more than one year17€545k€421k▼
Financial debts170/4€545k€421k▼
Amounts payable within one year42/48€338k€309k▼
Current portion of amounts payable after more than one year42€128k€127k▼
Financial debts43€80k€30k▼
Credit institutions430/8€80k€30k▼
Trade debts44€66k€87k▲
Suppliers440/4€66k€87k▲
Taxes, remuneration and social security45€44k€64k▲
Taxes450/3€22k€27k▲
Remuneration and social security454/9€22k€37k▲
Other amounts payable47/48€19k€714▼
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Non-recurring operating income76A-€16k
Remuneration, social security and pensions62€252k€156k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€133k€165k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€34k€35k▲
Non-recurring operating charges66A€734€0▼
Gross operating margin9900€481k€402k▼
Operating profit (loss)9901€61k€45k▼
Financial income75/76B€40€0▼
Recurring financial income75€40€0▼
Non-recurring financial income76B€0-
Financial charges65/66B€32k€31k▼
Recurring financial charges65€32k€31k▼
Profit (loss) for the period before taxes9903€29k€15k▼
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€19k€8k▼
Profit (loss) for the period to be appropriated9905€19k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€8k▼
Transfer from equity791/2€0-
Transfer to equity691/2€0€7k▲
To other reserves6921€0€7k▲
Profit to be distributed694/7€19k€714▼
Return on contributions (dividend)694€19k€714▼
Social balance
Average headcount (FTE)90873.72.9▼
The notes to these accounts (26 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €106k ▲725%
Operating result €144k, net result €106k, both a record.
30-06
Financial
Equity above €150kEq €154k ▲225%
2 profitable years in a row build equity to €154k.
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-2k ▼117%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Maldegem · 1 establishment unit since 2017
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.
Koekoeklaan 439991 MaldegemGround area
756 m²
Parcel 43001B0421/00P003, Flanders. Linked by address, not a title deed.
1 establishment unit
EXCLUTRANS BVBA
since 20172.264.923.274
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43001B0421/00P003 | Flanders | 756 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
2022 to 2025 · 4 entries · 758 EUR awarded · 758 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 185 EUR | 185 EUR |
| 2024 | 1 | 198 EUR | 198 EUR |
| 2023 | 1 | 273 EUR | 273 EUR |
| 2022 | 1 | 102 EUR | 102 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Manit
BE 0877.714.101
Meise · Eq €184k
AB LOC
BE 0802.833.564
Herstal · Eq €183k
C - SYSTEMS
BE 0461.017.442
Leuven · Eq €187k
CARTISTIC
BE 0798.864.185
Antwerpen · Eq €188k
TINY WONDER
BE 0764.365.344
Deerlijk · Eq €189k
Of 1,443 companies in sector 77110 we hold annual accounts for 726. 474 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2017
Fiscal year end30-06
Activities, NACEBEL
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.