FALK TRANSPORTS
ActiveThe computed 12-month bankruptcy probability of FALK TRANSPORTS is 2.3% (moderate). The 2024 annual accounts show negative equity (€-26k) and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 6718 sector peers (fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
19
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.06 in 2023; short-term debt: 310.5% and cash: 0.4% of total assets), and equity is negative.
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 →
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
-210.5%
Return on assets
-30.3%
Age of the figures
21 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-26k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
41 d early
2022
1 d late
2021
5 d late
2020
24 d late
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-26k▼ 16.8%
2023 · €-22k
2018: €-5k
2019: €4k
2020: €5k
2021: €-5k
2022: €-7k
2023: €-22k
2018 → 2024
Total assets
€12k▼ 20.5%
2023 · €15k
2018: €43k
2019: €30k
2020: €51k
2021: €41k
2022: €40k
2023: €15k
2018 → 2024
Net result
€-4k▲ 74.8%
2023 · €-15k
2018: €-12k
2019: €10k
2020: €380
2021: €-10k
2022: €-2k
2023: €-15k
2018 → 2024
Working capital
€-37k▼ 4.7%
2023 · €-35k
2018: €-10k
2019: €4k
2020: €-30k
2021: €-28k
2022: €-31k
2023: €-35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5k-€-5k€-7k▼ 35.0%€-22k▼ 200%€-26k▼ 16.8%
Operating result€1k-€-10k€-2k▲ 83.5%€-15k▼ 805%€-4k▲ 74.9%
Net result€380-€-10k€-2k▲ 81.4%€-15k▼ 673%€-4k▲ 74.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €15k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12k
Fixed assets
€11k▼ 15.5%
Current assets
€1k▼ 51.3%
Key figures and ratios
EBITDA
€-2k▲
2023 · €-13k
Cash flow
€-2k▲
2023 · €-13k
Solvency
-210.5%▼
2023 · -143.2%
Current ratio
0.03▼
2023 · 0.06
Quick ratio
0.03▼
2023 · 0.06
Debt / equity
-1.48▲
2023 · -1.70
ROA
-30.3%▲
2023 · -95.6%
Interest coverage
-163.05▲
2023 · -83719.27
Debt
€38k▲
2023 · €37k
Debt ≤ 1 year
€38k▲
2023 · €37k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€15k€12k▼
Fixed assets21/28€13k€11k▼
Tangible fixed assets22/27€13k€11k▼
Land and buildings22€13k€11k▼
Current assets29/58€2k€1k▼
Amounts receivable within one year40/41€2k€1k▼
Trade receivables40€182-
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€155€43▼
Equity and liabilities
Total equity and liabilities10/49€15k€12k▼
Equity10/15€-22k€-26k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-40k€-44k▼
Amounts payable17/49€37k€38k▲
Amounts payable within one year42/48€37k€38k▲
Trade debts44-€960
Suppliers440/4-€960
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€35k€37k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€323-
Non-recurring operating charges66A€4k€187▼
Gross operating margin9900€-9k€-1k▲
Operating profit (loss)9901€-15k€-4k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€0€10▲
Recurring financial charges65€0€10▲
Non-recurring financial charges66B-€10
Profit (loss) for the period before taxes9903€-15k€-4k▲
Profit (loss) for the period9904€-15k€-4k▲
Profit (loss) for the period to be appropriated9905€-15k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-44k▼
Profit (loss) brought forward from the previous period14P€-26k€-40k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
01-09
State Gazette act
Registered office · Capital & shares · Resignations & appointmentsGeneral meeting · Director resignation · Director appointment7 facts ▸
State Gazette act
Registered office · Capital & shares · Resignations & appointments
General meeting · Director resignation · Director appointment7 facts ▸
- General meeting, 2026-06-30
- Director resignation, AZDOUFAL Abdelkader (administrateur)
- Director appointment, DOCQUIER Ruddy (administrateur)
- Director appointment, CHARLIER Ludivine (administrateur)
- Mandate compensation, DOCQUIER Ruddy
- Mandate compensation, CHARLIER Ludivine
- Registered-office move, Rue Martinpa, 7 à 4557 TINLOT
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 18 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
CHARLIER Ludivine
CurrentDirector · since 30-06-2026
DOCQUIER Ruddy
CurrentDirector · since 30-06-2026
30-06-2026
CHARLIER Ludivine: Appointed as Director
30-06-2026
DOCQUIER Ruddy: Appointed as Director
30-06-2026
AZDOUFAL Abdelkader: Resigned as Director
Location & real-estate footprint
Registered office, Tinlot · 1 establishment unit since 1992
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.
Rue Martinpa 74557 TinlotGround area
1.1 ha
Building footprint
831 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Martinpa 9, 4557 Tinlot
since 19922.057.157.489
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61057D0019/00L005 | Wallonia | 6,213 m² | - | - |
| 61057D0019/00F007 | Wallonia | 4,596 m² | 1 · 831 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AMIAL TRANSPORT
BE 0727.470.108
Grimbergen · Eq €5k
UT COMPANY
BE 0787.804.207
Brussel · Eq €5k
HDL-Concept
BE 0455.879.016
Deinze · Eq €5k
BGG TRANS
BE 1018.837.223
Machelen (Brab.) · Eq €5k
HZ TRANS
BE 0690.560.519
Antwerpen · Eq €5k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 2,659 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-04-1992
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.