LD Trafik AM

Active

Private limited companyfounded 20197 yrs activeLeiekaai 23, 8940 Wervik, BelgiumKBO/BCE: BE 0730.861.544

Summary

The computed 12-month bankruptcy probability of LD Trafik AM is 4.9% (elevated). The 2024 annual accounts show negative equity (€-26k) and a net result of €-48k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 6717 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

14 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-1

Solvency7▼-34

Growth32▼-20

Track record100

Bankruptcy probability, 12 months

4.9% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.57 against 1.09 in 2023; short-term debt: 93% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

-18.3%

Return on assets

-34.4%

Age of the figures

21 mo

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

2021222324

2020 to 2024 · latest year €-26k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

41 d late

2023

31 d late

2022

8 d late

2021

39 d early

2020

61 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-26k

2023 · €22k

2020: €-2k 2021: €21k 2022: €50k 2023: €22k

2020 → 2024

Total assets

€139k▼ 2.3%

2023 · €143k

2020: €92k 2021: €82k 2022: €78k 2023: €143k

2020 → 2024

Net result

€-48k▼ 71.3%

2023 · €-28k

2020: €-10k 2021: €23k 2022: €30k 2023: €-28k

2020 → 2024

Working capital

€-56k

2023 · €5k

2020: €-20k 2021: €-15k 2022: €30k 2023: €5k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-2k-€21k€50k▲ 145%€22k▼ 55.5%€-26k

Operating result€-7k-€27k€37k▲ 40.5%€-25k€-42k▼ 66.4%

Net result€-10k-€23k€30k▲ 31.3%€-28k€-48k▼ 71.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €42k in 2024 against €25k in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €139k

47.2%

52.8%

Fixed assets €66k ▼ 21.4%

Current assets €74k ▲ 25.0%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-10k▼

2023 · €639

Cash flow

€-16k▼

2023 · €-2k

Solvency

-18.3%▼

2023 · 15.7%

Current ratio

0.57▼

2023 · 1.09

Debt to equity

-6.46▼

2023 · 5.35

ROA

-34.4%▼

2023 · -19.6%

Interest coverage

-1.74▼

2023 · 0.16

Debt

€165k▲

2023 · €120k

Debt ≤ 1 year

€130k▲

2023 · €54k

Debt > 1 year

€35k▼

2023 · €66k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines

Balance sheet Code20232024

Assets

Total assets20/58€143k€139k▼

Fixed assets21/28€84k€66k▼

Tangible fixed assets22/27€81k€63k▼

Furniture and vehicles24€81k€63k▼

Financial fixed assets28€3k€3k=

Current assets29/58€59k€74k▲

Amounts receivable within one year40/41€29k€74k▲

Trade receivables40-€74k

Other amounts receivable41€29k-

Current investments50/53€2k-

Cash at bank and in hand54/58€1k-

Deferred charges and accrued income490/1€27k-

Equity and liabilities

Total equity and liabilities10/49€143k€139k▼

Equity10/15€22k€-26k▼

Contributions10/11€8k€8k=

Profit (loss) carried forward14€14k€-34k▼

Amounts payable17/49€120k€165k▲

Amounts payable after more than one year17€66k€35k▼

Financial debts170/4€66k€35k▼

Amounts payable within one year42/48€54k€130k▲

Current portion of amounts payable after more than one year42€38k€33k▼

Financial debts43-€1k

Credit institutions430/8-€1k

Trade debts44€8k€10k▲

Suppliers440/4€6k€10k▲

Bills of exchange payable441€2k-

Taxes, remuneration and social security45€8k€12k▲

Taxes450/3€8k€12k▲

Other amounts payable47/48-€73k

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€32k▲

Other operating charges640/8€2k€4k▲

Gross operating margin9900€3k€-6k▼

Operating profit (loss)9901€-25k€-42k▼

Financial income75/76B€1k€4▼

Recurring financial income75€1k€4▼

Financial charges65/66B€4k€6k▲

Recurring financial charges65€4k€6k▲

Profit (loss) for the period before taxes9903€-28k€-48k▼

Profit (loss) for the period9904€-28k€-48k▼

Profit (loss) for the period to be appropriated9905€-28k€-48k▼

Appropriation of the result

Profit (loss) to be appropriated9906€14k€-34k▼

Profit (loss) brought forward from the previous period14P€42k€14k▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

2025

10-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 41 days late

2024

31-12

Financial Weakest financial yearnet €-48k

Net result drops to €-48k, the lowest in the series.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

08-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 8 days late

2022

31-12

Financial Highest result since 2020net €30k ▲31.3%

Operating result €37k, net result €30k, both a record.

31-12

Financial Liquidity triplescurrent ratio 2.11

Current ratio from 0.74 to 2.11; short-term debt falls from €57k to €27k.

22-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Back to profitnet €23k

Net result €23k after one loss-making year.

31-05

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Wervik · 1 establishment unit since 2019

establishment approximate The establishment unit on the map

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.

Leiekaai 238940 Wervik

Ground area

1,601 m²

Building footprint

462 m²

Volume, LiDAR

5,592 m³

2 parcels, Flanders, Wallonia · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Lautche traffik

Bardin Molenstraat(KOM) 22, 7780 Comines-WarnetonFreight transport by road

since 20192.291.595.108

2 parcels

Flanders 1 (50%) Wallonia 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
33029C0925/00R000	Flanders	1,031 m²	1 · 462 m²	16.2 m · 4 fl.
54002B0493/00D004	Wallonia	570 m²	-	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels 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 site

Comines-Warneton/Komen-Waasten2.291.595.108

1 permission

Vervoer levensmiddelen onder gecontroleerde temperatuur en/of atmosfeer · since 12-08-2019

Similar companies · same sector, comparable size

Welkenraedt · Eq €22,429

Schaarbeek · Eq €22,487

Hens Constructs

BE 0450.832.640

Nijlen · Eq €22,409

Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-07-2019

Fiscal year end31-12

Activities, NACEBEL 2025

49410Freight transport by road

53200Other postal and courier activities

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.