Financials
- Financial year
- 2025
- Turnover
- €22.7m
- Profit
- €504,730
- Solvency
- 23.9%
Turnover▼ 3.7%
Net result
20182025
GDL Transport
ActiveSummary
GDL Transport has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €504,730. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 31% of 1,075 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Freight transport by road
NACE 49410
2nd largest company by total assets in Menen, Transport and storage sector1 site
Size
€22.7mturnover 2025
- Staff
- 81.8 FTE
- Equity
- €2.1m
- Profit
- €504,730
Structure
- Parent
- G.D.L. · 100%
- Holdings
- 1
Auditor: VRC BEDRIJFSREVISOREN2025 accounts 85 days early4 of 9 deeds summarised
Why 86raises riskSector: Land transport and transport via pipelines (NACE 49)Equity €2.1m (23.9% of total assets)lowers riskFounded in 1990Profit of €504,730 (financial year 2025)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 41% of its sector peers (NACE 49, medium-sized)
Financial strength · tick = 2024
Average
Solvency
49-6
equity 23.9% of total assets
Liquidity
38-1
short-term debt 64.8% · cash 18.0%
Profitability
67+2
return on assets 5.8%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.2%▼ -0.3 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.93, compared with 1.08 in 2024, below 1; short-term debt: 64.8% and cash: 18% of total assets), and 76.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized): better than 39% on solvency, 55% on liquidity, 49% on profitability and 20% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
85 days early
2024
20 days early
2023
35 days early
2022
4 days early
2021
54 days early
2020
38 days early
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 40 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
- Permanent representative: Frederik Vander DoncktReappointment: VRC Bedrijfsrevisoren (statutory auditor)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
Key points
- Positive: 2nd largest company by total assets in Menen, Transport and storage sectorin the Checked rankings No. 2 View
- Positive: Result rose in 2025from €302,394 to €504,730 ▲ 66.9% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Controlled by G.D.L.the company in turn controls 1 companies 100% View
- Positive: 7 profitable years in a rowprofit 2025: €504,730 7 years View
By topic
Board & ownership
- Parent
- G.D.L. · 100%
- Auditor
- VRC BEDRIJFSREVISOREN
Network & group
- Subsidiaries
- 1
- Mergers and asset contributions
- 1
1 subsidiary
Timeline
- Events
- 45
- Since
- 1991
- Next accounts
- by 31-07-2027
- 26-06-2024Annual accounts filed
- 14-02-2024Appointment: VRC Bedrijfsrevisoren (statutory auditor)
- 31-12-2023Equity above €2m
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Freight transport by roadNACE 49410
- Founded
- 24-01-1990
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 2
- Purpose
- “De vennootschap heeft tot voorwerp alle vervoer, zowel in België als in het buitenland…” (deed in Dutch)
Key facts about GDL Transport
- What is the company number of GDL Transport?
- 0440.013.576. In Belgium the VAT number is the company number with BE in front: BE 0440.013.576.
- Where is GDL Transport based?
- The registered office is at Lar M40, 8930 Menen.Company details
- What does GDL Transport do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of GDL Transport?
- Private limited company (BV).
- When was GDL Transport founded?
- On 24-01-1990.
- Is GDL Transport still active?
- Yes, GDL Transport is an active enterprise in the KBO register.
- How many employees does GDL Transport have?
- On average 81.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GDL Transport?
- €22.7m in financial year 2025, according to the filed annual accounts.
- Is GDL Transport profitable?
- In financial year 2025, GDL Transport made a profit of €504,730.
- Where can I find the annual accounts of GDL Transport?
- GDL Transport filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GDL Transport due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to GDL Transport
Parent and group
- G.D.L.100%
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