KEMPENTRANS
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 23-07-2026 at the NBB all 39 filings
Turnover
€127,619▲ 12.7%
2021 · €113,206
EBIT margin
4.7%▼ 2.6pp
2021 · 7.3%
Net result
€41,699▲ 22.3%
2024 · €34,083
Working capital
€795,751▲ 5.5%
2024 · €754,052
In the rankings
#5 oldest company in Wommelgem, Transport and storage sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
€28,435
▲ 171%
2025
20182025
Net result
€41,699
▲ 22.3%
2025
middle half of the sector
20182025
EBIT margin
no figure
2025
20182025
Equity
€796,156
▲ 5.5%
2025
middle half of the sector
20182025
Total assets
€814,635
▲ 5.4%
2025
lowest quarter of the sector
20182025
Debt
€18,479
▼ 0.8%
2025
20182025
Working capital
€795,751
▲ 5.5%
2025
middle half of the sector
20182025
Solvency
97.7%
▲ 0.1pp
2025
highest quarter of the sector
20182025
Current ratio
44.06
▲ 2.60
2025
highest quarter of the sector
20182025
Return on assets (ROA)
5.1%
▲ 0.7pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€139,183-€172,101▲ 23.7%€130,817▼ 24.0%€113,206▼ 13.5%€127,619▲ 12.7%
Operating result€9,969-€10,508▲ 5.4%€9,396▼ 10.6%€8,239▼ 12.3%€5,936▼ 27.9%-€27,148€10,475€28,435▲ 171%
Net result€9,710-€7,997▼ 17.6%€6,780within the sector's middle half▼ 15.2%€3,686within the sector's middle half▼ 45.6%€6,678within the sector's middle half▲ 81.2%€2,970below the sector's middle half▼ 55.5%€34,083within the sector's middle half▲ 11×€41,699within the sector's middle half▲ 22.3%
EBIT margin7.2%-6.1%▼ 1.1pp7.2%▲ 1.1pp7.3%▲ 0.1pp4.7%▼ 2.6pp
Equity€692,264-€700,261▲ 1.2%€707,041within the sector's middle half▲ 1.0%€710,726within the sector's middle half▲ 0.5%€717,404within the sector's middle half▲ 0.9%€720,374within the sector's middle half▲ 0.4%€754,457within the sector's middle half▲ 4.7%€796,156within the sector's middle half▲ 5.5%
Total assets€734,558-€728,265▼ 0.9%€762,395within the sector's middle half▲ 4.7%€741,226within the sector's middle half▼ 2.8%€745,935within the sector's middle half▲ 0.6%€737,555within the sector's middle half▼ 1.1%€773,091within the sector's middle half▲ 4.8%€814,635below the sector's middle half▲ 5.4%
Debt€42,294-€28,004▼ 33.8%€55,355▲ 97.7%€30,500▼ 44.9%€28,531▼ 6.5%€17,181▼ 39.8%€18,635▲ 8.5%€18,479▼ 0.8%
Working capital€661,322-€693,583▲ 4.9%€711,567above the sector's middle half▲ 2.6%€699,669above the sector's middle half▼ 1.7%€708,646within the sector's middle half▲ 1.3%€719,969above the sector's middle half▲ 1.6%€754,052above the sector's middle half▲ 4.7%€795,751within the sector's middle half▲ 5.5%
Solvency94.2%-96.2%▲ 1.9pp92.7%above the sector's middle half▼ 3.4pp95.9%above the sector's middle half▲ 3.1pp96.2%above the sector's middle half▲ 0.3pp97.7%above the sector's middle half▲ 1.5pp97.6%above the sector's middle half▼ 0.1pp97.7%above the sector's middle half▲ 0.1pp
Current ratio17.31-37.24▲ 19.9315.19above the sector's middle half▼ 22.0523.94above the sector's middle half▲ 8.7525.84above the sector's middle half▲ 1.9042.91above the sector's middle half▲ 17.0741.47above the sector's middle half▼ 1.4444.06above the sector's middle half▲ 2.60
Return on assets (ROA)1.3%-1.1%▼ 0.2pp0.9%within the sector's middle half▼ 0.2pp0.5%within the sector's middle half▼ 0.4pp0.9%within the sector's middle half▲ 0.4pp0.4%below the sector's middle half▼ 0.5pp4.4%within the sector's middle half▲ 4.0pp5.1%within the sector's middle half▲ 0.7pp
above
within
below
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 171% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €814,635
Fixed assets
€405 =
Current assets
€814,230 ▲ 5.4%
Equity and liabilities €814,635
Equity
€796,156 ▲ 5.5%
Debt
€18,479 ▼ 0.8%
Debt's share of the balance-sheet total falls from 2.4% to 2.3%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.02▼
2024 · 0.02
ROE
5.2%▲
2024 · 4.5%
Debt ≤ 1 year
€18,479▼
2024 · €18,635
Income taxes
€14,188▲
2024 · €11,942
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €11,493 | - | - | - | - |
| Depreciation and write-downs of the year | €976 | €2,299 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €3,790 | €4,169 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €121,706 | €127,619 | - | - | - | - |
| Turnover70 | €139,183 | €172,101 | €130,817 | €113,206 | €127,619 | - | - | - | - |
| Other operating income74 | - | - | - | - | €0 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €8,500 | - | - | - | - | - |
| Operating charges60/66A | - | - | - | €113,467 | €121,682 | - | - | - | - |
| Services and other goods61 | - | - | - | €102,881 | €110,382 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,016 | €17,016 | €14,732 | €976 | €2,299 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €9,609 | €9,001 | €8,241 | €10,431 | €6,168 | ▼ 40.9% |
| Gross operating margin9900 | - | - | - | - | - | -€18,907 | €20,906 | €34,603 | ▲ 65.5% |
| Operating profit (loss)9901 | €9,969 | €10,508 | €9,396 | €8,239 | €5,936 | -€27,148 | €10,475 | €28,435 | ▲ 171% |
| Financial income75/76B | - | - | - | €0 | €3,343 | €31,806 | €35,908 | €27,864 | ▼ 22.4% |
| Recurring financial income75 | - | - | - | €0 | €3,343 | €31,806 | €35,908 | €27,864 | ▼ 22.4% |
| Income from current assets751 | - | - | - | - | €3,343 | - | - | - | - |
| Other financial income752/9 | - | - | - | €0 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €341 | €375 | €378 | €358 | €413 | ▲ 15.3% |
| Recurring financial charges65 | €259 | €303 | €269 | €341 | €375 | €378 | €358 | €413 | ▲ 15.3% |
| Debt charges650 | - | €4 | €23 | €1 | €5 | - | - | - | - |
| Other financial charges652/9 | - | - | - | €340 | €370 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €9,710 | €10,205 | €9,127 | €7,898 | €8,904 | €4,280 | €46,025 | €55,887 | ▲ 21.4% |
| Transfer from deferred taxes780 | - | - | - | €2,238 | - | - | - | - | - |
| Transfer to deferred taxes680 | - | - | - | €2,238 | - | - | - | - | - |
| Income taxes67/77 | - | €2,208 | €2,347 | €4,212 | €2,226 | €1,310 | €11,942 | €14,188 | ▲ 18.8% |
| Taxes670/3 | - | - | - | €4,212 | €2,226 | - | - | - | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €9,710 | €7,997 | €6,780 | €3,686 | €6,678 | €2,970 | €34,083 | €41,699 | ▲ 22.3% |
| Transfer from tax-exempt reserves789 | - | - | - | €18,750 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €9,710 | €7,997 | €6,780 | €22,436 | €6,678 | €2,970 | €34,083 | €41,699 | ▲ 22.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €734,558 | €728,265 | €762,395 | €741,226 | €745,935 | €737,555 | €773,091 | €814,635 | ▲ 5.4% |
| Fixed assets21/28 | €32,694 | €15,542 | €675 | €11,057 | €8,758 | €405 | €405 | €405 | = |
| Tangible fixed assets22/27 | €31,749 | €14,732 | - | €10,517 | €8,218 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €10,517 | €8,218 | €0 | €0 | €0 | - |
| Leasing and similar rights25 | - | - | - | - | €0 | - | - | - | - |
| Financial fixed assets28 | €945 | €810 | €675 | €540 | €540 | €405 | €405 | €405 | = |
| Other financial fixed assets284/8 | - | - | - | €540 | €540 | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €540 | €540 | - | - | - | - |
| Current assets29/58 | €701,864 | €712,723 | €761,720 | €730,169 | €737,177 | €737,150 | €772,686 | €814,230 | ▲ 5.4% |
| Amounts receivable within one year40/41 | €697,441 | €707,681 | €756,720 | €725,103 | €732,177 | €732,150 | €767,090 | €808,630 | ▲ 5.4% |
| Trade receivables40 | - | - | - | €8,684 | €44,938 | €47,413 | €58,460 | €40,816 | ▼ 30.2% |
| Other amounts receivable41 | - | - | - | €716,420 | €687,239 | €684,737 | €708,630 | €767,814 | ▲ 8.4% |
| Cash at bank and in hand54/58 | €4,423 | €5,041 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Deferred charges and accrued income490/1 | - | - | - | €65 | €0 | - | €597 | €600 | ▲ 0.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €734,558 | €728,265 | €762,395 | €741,226 | €745,935 | €737,555 | €773,091 | €814,635 | ▲ 5.4% |
| Equity10/15 | €692,264 | €700,261 | €707,041 | €710,726 | €717,404 | €720,374 | €754,457 | €796,156 | ▲ 5.5% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €34,950 | €34,950 | €34,950 | €32,712 | €32,712 | €32,712 | €32,712 | €32,712 | = |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | - | - | - | €0 | - | - | - | - |
| Distributable reserves133 | - | - | - | €26,512 | €26,512 | €26,512 | €26,512 | €26,512 | = |
| Profit (loss) carried forward14 | €595,314 | €603,311 | €610,091 | €616,014 | €622,692 | €625,662 | €659,745 | €701,444 | ▲ 6.3% |
| Amounts payable17/49 | €42,294 | €28,004 | €55,355 | €30,500 | €28,531 | €17,181 | €18,635 | €18,479 | ▼ 0.8% |
| Amounts payable within one year42/48 | €40,542 | €19,140 | €50,154 | €30,500 | €28,531 | €17,181 | €18,635 | €18,479 | ▼ 0.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0 | - | - | - | - |
| Trade debts44 | €40,270 | €16,932 | €43,969 | €30,500 | €28,531 | €15,957 | €13,969 | €11,755 | ▼ 15.9% |
| Suppliers440/4 | - | - | - | €30,500 | €28,531 | €15,957 | €13,969 | €11,755 | ▼ 15.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €0 | €1,224 | €4,665 | €6,724 | ▲ 44.1% |
| Taxes450/3 | - | - | - | - | €0 | €1,224 | €4,665 | €6,724 | ▲ 44.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1 | €1 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,710 | €7,997 | €6,780 | €3,686 | €6,678 | €2,970 | €34,083 | €41,699 | ▲ 22.3% |
| + Depreciation and write-downs630 | €17,016 | €17,016 | €14,732 | €976 | €2,299 | - | - | - | - |
| Operating cash flow (approximation) | €26,727 | €25,014 | €21,512 | €4,662 | €8,976 | €2,970 | €34,083 | €41,699 | ▲ 22.3% |
| Investment in fixed assets (approximation) | - | €135 | €135 | -€11,358 | €0 | €8,353 | €0 | €0 | - |
| Change in cash | - | €618 | -€41 | €0 | -€0 | €0 | -€1 | €0 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as KEMPENTRANS has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.0%
was still going
4.7%
stopped otherwise
0.2%
went bankrupt
That fits the bankruptcy probability of KEMPENTRANS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 20,136 companies, not a prediction for KEMPENTRANS. 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.
Latest 10 of 39 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 23-07-2026 | 2026-00329841 | |
| 31-12-2024 | abbreviated format | 11-07-2025 | 2025-00265663 | |
| 31-12-2023 | abbreviated format | 01-07-2024 | 2024-00202549 | |
| 31-12-2022 | full format | 01-07-2023 | 2023-00216405 | |
| 31-12-2021 | full format | 03-08-2022 | 2022-20272775 | |
| 31-12-2020 | full format | 29-07-2021 | 2021-43000090 | |
| 31-12-2019 | full format | 29-07-2020 | 2020-36200183 | |
| 31-12-2018 | full format | 22-07-2019 | 2019-37400203 | |
| 31-12-2017 | full format | 25-07-2018 | 2018-37400421 | |
| 31-12-2016 | full format | 26-07-2017 | 2017-36200397 |