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L & S TRANSPORTS

Active
Private limited companyfounded 1991active for 35 yearsChemin du Duc 5, 4840 Welkenraedt, BelgiumKBO/BCE: BE 0443.162.514
Summary

L & S TRANSPORTS has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,256 and a net result of €14,697. Equity has been stable since 2018 (±1.4% per year). Its solvency ranks better than 34% of 5,897 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 01-02-1991 Normal situation
Activity
Freight transport by road NACE 49410and 3 others
Establishment unit
2.051.955.222 4840 Welkenraedt, since 20-03-1991
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Board and ownership

Board
  • LARUE & STEINBECKDirector · since 09-05-2007 · permanent representative LARUE Ghislain
  • HILLIGSMANN ALAINDirector · since 15-01-2008
Shareholders

Financial position

79 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€402,410
▲ 3.3%
Turnover
≈ €910,000
estimated
Profit
€14,697
▲ 38.2%
Equity
€86,256
▼ 39.1%
Total assets
€385,211
▼ 15.1%
Employees on 31-12-2025
5
=
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1991Figures for financial year 2025 (filed on 27-06-2026)Size: total assets €385,211Show the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 30% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Average
Solvency 47-9
equity 22.4% of total assets
Liquidity 26-7
short-term debt 64.3% · cash 7.7%
Profitability 74+2
return on assets 3.8%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.2 percentage points vs 06-2025lowest value 08-2025: 0.3%● unchanged vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 1.0%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.6%▼ -0.4 percentage points vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.01 (1.29 in 2024), below the usual 1.5. Short-term debt is 64.3% and cash 7.7% of total assets. 77.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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, micro). It does better than 34% of them on solvency, 22% on liquidity, 51% on profitability and 14% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 27-06-2026)
NBB · annual accounts
lowers risk · Size: total assets €385,211
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 27-06-2026, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
34 days early
2024
55 days early
2023
26 days early
2022
35 days early
2021
41 days early
2020
30 days late
2019
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was 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 26 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Higher gross margin than 94% of companies in land transportsector median €39,892 · 5,865 companies €402,410 View
  • Caution: Equity fell in 2025from €141,559 to €86,256 ▼ 39.1% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Appointment: LARUE & STEINBECK (director)Resignation: LARUE & STEINBECK (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as L & S TRANSPORTS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €345,000 and €475,000, founded between 1986 and 1996.

CompanyTotal assetsGross margin
L & S TRANSPORTS Welkenraedt€385,211€402,410
J. MICHEL Eupen€406,908€458,296
ERA TRANSPORT Machelen (Brab.)€358,323€401,440
Transports, Garages et Entrepôts Marche-en-Famenne€474,811€409,205
Etn VAN den HOUTE en Co Dilbeek€415,203€317,226
EXSAN AIR Brecht€344,811€348,998
DAPA Herzele€390,115€376,234
Full comparison

Key facts about L & S TRANSPORTS

What is the company number of L & S TRANSPORTS?
The company number of L & S TRANSPORTS is 0443.162.514. The VAT number is the same number with BE in front: BE 0443.162.514.
Where is L & S TRANSPORTS based?
The registered office is at Chemin du Duc 5, 4840 Welkenraedt.Company details
What does L & S TRANSPORTS do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of L & S TRANSPORTS?
The legal form of L & S TRANSPORTS is Private limited company (BV).
When was L & S TRANSPORTS founded?
L & S TRANSPORTS was founded on 01-02-1991.
Is L & S TRANSPORTS still active?
Yes, L & S TRANSPORTS is an active enterprise in the KBO register.
How many employees does L & S TRANSPORTS have?
L & S TRANSPORTS had an average of 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of L & S TRANSPORTS?
The turnover in financial year 2025 is ≈ €910,000. This figure is estimated from the gross margin of €402,410 and 48 comparable companies (NACE 49410). It probably lies between €770,000 and €1.1m.
Is L & S TRANSPORTS profitable?
In financial year 2025, L & S TRANSPORTS made a profit of €14,697.
Where can I find the annual accounts of L & S TRANSPORTS?
L & S TRANSPORTS filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of L & S TRANSPORTS due?
L & S TRANSPORTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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