GEDEN TRANS
ActiveThe computed 12-month bankruptcy probability of GEDEN TRANS is 1.5% (moderate). The 2024 annual accounts show equity of €33k and a net result of €21k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 6716 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency76▲+21
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.05 in 2023; short-term debt: 48.8% and cash: 45.9% of total assets), and 49.3% 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 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
50.7%
Return on assets
32.2%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €33k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-08-2025, 2 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
2 d late
2023
367 d late
2022
131 d late
2021
31 d late
2020
31 d late
2019
68 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€33k▲ 175%
2023 · €12k
2018: €24k
2019: €54k
2020: €45k
2021: €11k
2022: €24k
2023: €12k
2018 → 2024
Total assets
€65k▲ 62.0%
2023 · €40k
2018: €39k
2019: €87k
2020: €73k
2021: €84k
2022: €46k
2023: €40k
2018 → 2024
Net result
€21k
2023 · €-12k
2018: €9k
2019: €30k
2020: €-10k
2021: €16k
2022: €425
2023: €-12k
2018 → 2024
Working capital
€18k▲ 1,164%
2023 · €1k
2018: €5k
2019: €40k
2020: €31k
2021: €-2k
2022: €11k
2023: €1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€45k-€11k▼ 75.3%€24k▲ 116%€12k▼ 49.8%€33k▲ 175%
Operating result€-9k-€19k€2k▼ 91.2%€-10k€26k
Net result€-10k-€16k€425▼ 97.4%€-12k€21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €26k after a loss of €10k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65k
Fixed assets
€15k▲ 43.2%
Current assets
€50k▲ 68.7%
Equity and liabilities €65k
Equity
€33k▲ 175%
Debt
€32k▲ 14.0%
The debt ratio falls from 70.1% to 49.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k▲
2023 · €-2k
Cash flow
€23k▲
2023 · €-4k
Solvency
50.7%▲
2023 · 29.9%
Current ratio
1.57▲
2023 · 1.05
Quick ratio
1.57▲
2023 · 1.05
Debt / equity
0.97▼
2023 · 2.34
ROE
63.6%▲
2023 · -99.1%
ROA
32.2%▲
2023 · -29.6%
Interest coverage
67.39▲
2023 · -4.92
Debt
€32k▲
2023 · €28k
Debt ≤ 1 year
€32k▲
2023 · €28k
Income taxes
€5k▲
2023 · €1k
Staff costs
€60▼
2023 · €7k
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€40k€65k▲
Fixed assets21/28€11k€15k▲
Tangible fixed assets22/27€1k€6k▲
Furniture and vehicles24€1k€6k▲
Financial fixed assets28€9k€9k=
Current assets29/58€30k€50k▲
Amounts receivable within one year40/41€12k€20k▲
Trade receivables40€12k€20k▲
Cash at bank and in hand54/58€17k€30k▲
Deferred charges and accrued income490/1€799-
Equity and liabilities
Total equity and liabilities10/49€40k€65k▲
Equity10/15€12k€33k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-8k€12k▲
Amounts payable17/49€28k€32k▲
Amounts payable within one year42/48€28k€32k▲
Current portion of amounts payable after more than one year42€4k-
Trade debts44€10k€8k▼
Suppliers440/4€10k€8k▼
Taxes, remuneration and social security45€3k€16k▲
Taxes450/3€1k€16k▲
Remuneration and social security454/9€1k€16▼
Other amounts payable47/48€11k€8k▼
Accrued charges and deferred income492/3-€337
Income statement
Code20232024
Remuneration, social security and pensions62€7k€60▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Other operating charges640/8€10k€11k▲
Non-recurring operating charges66A€116€385▲
Gross operating margin9900€15k€40k▲
Operating profit (loss)9901€-10k€26k▲
Financial income75/76B€16-
Recurring financial income75€16-
Financial charges65/66B€400€418▲
Recurring financial charges65€400€418▲
Profit (loss) for the period before taxes9903€-10k€26k▲
Income taxes67/77€1k€5k▲
Profit (loss) for the period9904€-12k€21k▲
Profit (loss) for the period to be appropriated9905€-12k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€12k▲
Profit (loss) brought forward from the previous period14P€3k€-8k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 367 days late
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
2023
31-12
Financial
Weakest financial yearnet €-12k ▼2891%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 131 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial
Highest result since 2018net €30k ▲251%
Operating result €31k, net result €30k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 5.65
Current ratio from 1.34 to 5.65; short-term debt falls from €15k to €9k.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Asse · 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.
Boonlochten 121730 AsseGround area
491 m²
Building footprint
110 m²
Volume, LiDAR
596 m³
Parcel 23322E0340/00A000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Boonlochten 12, 1730 Asse
since 20172.272.381.386
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0340/00A000 | Flanders | 491 m² | 1 · 110 m² | 8.0 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAsse2.272.381.386
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Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 5,626 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2017
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.