Equity
FREDOTRANS SOLID has made a profit in every financial year since 2017.
In July 2024, 4,508 companies had the same profile as FREDOTRANS SOLID has now. Each dot stands for 12 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,508 companies, not a prediction for FREDOTRANS SOLID. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| FREDOTRANS SOLID Beernem | €1.3m | €741,857 | 15.3% | 5.8 |
| YCG TRANSPORT & LOGISTICS Zedelgem | €1.1m | €788,501 | 69.8% | 7 |
| JETHRO HAES Lokeren | €1.2m | €872,629 | 2.5% | 6.5 |
| YG-TRANS Ath | €1.5m | €720,530 | 7.8% | 7.2 |
| DE KIMPE D. Torhout | €1.4m | €706,403 | 40.6% | 7.1 |
| TRANSPORT REDANT Ypres | €1.3m | €930,710 | 10.2% | 6.9 |
| DLD Trans Zuienkerke | €1.4m | €745,976 | 13.2% | 8.2 |
These companies have the same main activity as FREDOTRANS SOLID: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 2013 and 2017.
FREDOTRANS SOLID files the abbreviated format. That format states no turnover. The gross margin rose from €35,931 in 2017 to €741,857 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.6m. Estimated: probably between €1.3m and €2.4m.
Amounts without an identifiable currency are taken as euros.
Higher than 22% of 2,418 companies in 2025.
Higher than 9% of 2,369 companies in 2025.
Higher than 38% of 2,377 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 3 people joined and 4 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
1.3m | 1.4m | 1.4m | 545,236 | 522,077 | 262,985 | 332,359 | 259,359 | 71,361 | |
21/28 |
1.0m | 1.0m | 1.2m | 426,795 | 399,118 | 199,658 | 189,528 | 182,320 | 35,700 | |
22/27 |
1.0m | 999,534 | 1.2m | 425,795 | 398,118 | 198,658 | 188,528 | 181,320 | 35,000 | |
23 |
676 | 1,352 | 2,029 | 2,705 | 3,381 | 1,131 | - | - | - | |
24 |
93,123 | 3,126 | 18,542 | 32,168 | 31,039 | 23,289 | 289 | 24,622 | 7,222 | |
25 |
916,830 | 995,056 | 1.2m | 390,922 | 363,697 | - | - | - | - | |
28 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 700 | |
29/58 |
301,296 | 400,044 | 258,313 | 118,441 | 122,959 | 63,327 | 142,832 | 77,039 | 35,661 | |
40/41 |
200,042 | 380,194 | 252,107 | 93,402 | 120,537 | 58,195 | 130,519 | 72,494 | 32,362 | |
40 |
199,133 | 379,286 | 252,107 | 93,402 | 113,120 | 53,294 | 123,304 | 72,494 | 31,991 | |
41 |
908 | 908 | - | - | 7,416 | 4,901 | 7,215 | - | 372 | |
54/58 |
18,803 | 19,850 | 1,078 | 24,068 | 2,422 | 5,132 | 12,312 | 3,678 | 3,026 | |
490/1 |
82,451 | - | 5,127 | 971 | - | - | - | 866 | 273 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
1.3m | 1.4m | 1.4m | 545,236 | 522,077 | 262,985 | 332,359 | 259,359 | 71,361 | |
10/15 |
200,434 | 168,838 | 109,155 | 95,607 | 91,349 | 76,254 | 75,102 | 31,627 | 14,145 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | |
13 |
181,834 | 150,238 | 90,555 | 77,007 | 72,749 | 63,854 | 62,702 | 19,227 | 1,745 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,745 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
181,834 | 150,238 | 90,555 | 75,147 | 70,889 | 61,994 | 60,842 | 17,367 | - | |
17/49 |
1.1m | 1.2m | 1.3m | 449,629 | 430,727 | 186,731 | 257,257 | 227,732 | 57,216 | |
17 |
456,631 | 633,217 | 838,077 | 165,304 | 175,032 | 89,252 | 128,780 | 82,660 | 2,500 | |
170/4 |
456,631 | 633,217 | 838,077 | 165,304 | 175,032 | 89,252 | 128,780 | 82,660 | 2,500 | |
42/48 |
655,860 | 598,523 | 483,802 | 283,976 | 255,695 | 97,479 | 128,478 | 145,072 | 54,716 | |
42 |
231,587 | 204,860 | 193,846 | 96,723 | 102,353 | 39,528 | 46,539 | 70,973 | 20,968 | |
44 |
173,427 | 59,983 | 138,440 | 73,589 | 88,451 | 20,482 | 44,407 | 16,627 | 12,828 | |
440/4 |
173,427 | 59,983 | 138,440 | 73,589 | 88,451 | 20,482 | 44,407 | 16,627 | 12,828 | |
45 |
166,679 | 260,794 | 131,208 | 78,581 | 48,203 | 20,781 | 20,716 | 38,758 | 1,431 | |
450/3 |
112,611 | 145,298 | 109,836 | 64,020 | 35,188 | 17,516 | 12,214 | 28,712 | 1,431 | |
454/9 |
54,068 | 115,496 | 21,371 | 14,560 | 13,015 | 3,265 | 8,503 | 10,046 | - | |
47/48 |
84,168 | 72,886 | 20,308 | 35,084 | 16,688 | 16,688 | 16,816 | 18,714 | 19,489 | |
492/3 |
- | - | 357 | 349 | - | - | - | - | - | |
| Income statement | ||||||||||
9900 |
741,857 | 880,244 | 670,259 | 381,850 | 215,413 | 189,264 | 326,518 | 188,669 | 35,931 | |
62 |
567,736 | 563,601 | 468,105 | 311,987 | 192,847 | 181,321 | 174,192 | 110,597 | - | |
630 |
79,904 | 172,545 | 83,582 | 24,993 | - | - | 88,292 | 52,330 | 28,000 | |
640/8 |
3,755 | 10,912 | 62,384 | 13,485 | 7,372 | 2,077 | 11,519 | 3,037 | 1,962 | |
9901 |
90,462 | 133,186 | 56,187 | 31,385 | 15,195 | 5,866 | 52,515 | 22,705 | 5,968 | |
75/76B |
0 | 0 | - | - | 386 | 782 | 147 | - | 28 | |
75 |
0 | 0 | - | - | 386 | 782 | 147 | - | 28 | |
65/66B |
44,057 | 70,447 | 42,640 | 25,235 | 6,686 | 4,600 | 5,803 | 5,224 | 2,820 | |
65 |
44,057 | 70,447 | 42,640 | 25,235 | 6,686 | 4,600 | 5,803 | 5,224 | 2,820 | |
9903 |
46,406 | 62,739 | 13,548 | 6,150 | 8,895 | 2,048 | 46,859 | 17,481 | 3,176 | |
67/77 |
14,810 | 3,056 | - | 1,892 | - | 896 | 3,384 | - | 1,431 | |
9904 |
31,595 | 59,683 | 13,548 | 4,258 | 8,895 | 1,152 | 43,475 | 17,481 | 1,745 | |
9905 |
31,595 | 59,683 | 13,548 | 4,258 | 8,895 | 1,152 | 43,475 | 17,481 | 1,745 | |
| Appropriation of the result | ||||||||||
9906 |
31,595 | 59,683 | 13,548 | 4,258 | 8,895 | 1,152 | 43,475 | 17,481 | 1,745 | |
691/2 |
31,595 | 59,683 | 13,548 | 4,258 | 8,895 | 1,152 | 43,475 | 17,481 | 1,745 | |
6920 |
- | - | - | - | - | - | - | 115 | 1,745 | |
6921 |
31,595 | 59,683 | 13,548 | 4,258 | 8,895 | 1,152 | 43,475 | 17,367 | - | |
| Social balance sheet | ||||||||||
9087 |
5.8 | 6.3 | 5.7 | 4.3 | 2.5 | 2.3 | 2.3 | 1.7 | - | |
Hours worked1013 |
18,056 | 19,089 | 16,701 | 13,135 | 7,803 | 7,536 | 7,392 | 4,641 | - | |
| Document | ||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 25-06-2026 | 2026-00198463 | |
| 31-12-2024 | abbreviated format | 18-08-2025 | 2025-00380623 | |
| 31-12-2023 | abbreviated format | 29-08-2024 | 2024-00393246 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00388428 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20098450 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-25700324 | |
| 31-12-2019 | micro format | 01-07-2020 | 2020-24100105 | |
| 31-12-2018 | micro format | 21-08-2019 | 2019-48300557 | |
| 31-12-2017 | micro format | 28-06-2018 | 2018-25000338 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 170,366 | 305,731 | 139,769 | 56,378 | - | - | 140,807 | 75,035 | 33,968 | ||
| 111,499 | 232,228 | 97,130 | 29,251 | - | - | 131,767 | 69,811 | 29,745 | ||
| 91,000 | 0 | 956,199 | 175,250 | 217,460 | 24,131 | 115,500 | 198,950 | 63,700 | ||
| -1,048 | 18,772 | -22,989 | 21,645 | -2,710 | -7,180 | 8,634 | 652 | - | ||
| -354,565 | -198,478 | -225,489 | -165,535 | -132,736 | -34,152 | 14,354 | -68,033 | -19,055 | ||
| 15.3% | 12.1% | 7.6% | 17.5% | 17.5% | 29.0% | 22.6% | 12.2% | 19.8% | ||
| 0.46 | 0.67 | 0.53 | 0.42 | 0.48 | 0.65 | 1.11 | 0.53 | 0.65 | ||
| 5.55 | 7.30 | 12.11 | 4.70 | 4.72 | 2.45 | 3.43 | 7.20 | 4.04 | ||
| 15.8% | 35.3% | 12.4% | 4.5% | 9.7% | 1.5% | 57.9% | 55.3% | 12.3% | ||
| 2.4% | 4.3% | 0.9% | 0.8% | 1.7% | 0.4% | 13.1% | 6.7% | 2.4% | ||
| 3.87 | 4.34 | 3.28 | 2.23 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 7 | 6 | 4 | 4 |
| full-time | 6 | 7 | 6 | 4 | 4 |
| in full-time equivalents | 6 | 7 | 6 | 4 | 4 |
| 5.8 | 6.3 | 5.7 | 4.3 | 2.5 | |
| On a permanent contract | 6 | 7 | 6 | 4 | 4 |
| Joined | 3 | 5 | 6 | 4 | 7 |
| Left | 4 | 4 | 4 | 4 | 4 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €91,000 | - | €956,199 | €175,250 | €217,460 |
| €79,904 | €172,545 | €83,582 | €24,993 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 32% lower than in 2024.
Debt's share of the balance-sheet total falls from 87.9% to 84.7%. Equity is higher and debt is lower.
FREDOTRANS SOLID has no parent and no holdings in its annual accounts.
| FREDOTRANS
registered office since 22-11-1988 · founded in 1988 |
24 FTE (2025) 0435.119.333 |
| FDG Invest
registered office since 17-05-2024 · founded in 2024 |
total assets €646,867 (2025) 1009.473.555 |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Blommeke 16 registered office 8730 Beernem | 31-08-2016 | 2.256.093.306 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31003G0231/00T000 | 5,279 m² | 1 · 1,166 m² | 8.1 m · 2 |
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