Result
€70,914 €70,914
Back in profit in 2025, after a loss of €74,211 in 2024.
LINITRANS
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €691,434 (2022)
€90,161▲ €139,495
lowest -€118,686 (2011)
€70,914▲ €145,125
peak €806,667 (2023)
€803,369▲ 9.7%
€208,243▼ 23.8%
peak 3 FTE (2008)
-not published
Board2 names since 2003
1 directorLieven VANHOOREN
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from -€49,334 to €90,161Back to profit: €70,914Debts from €273,348 to €208,243Cash from €6,887 to €15,276
Key points
from the 2025 annual accountsTurnover
≈ €310,000 estimated
The accounts state no turnover.
Investments
€25,250 8.9 × depreciation
Green is investment, beige is depreciation.
Filings
23 annual accounts since 2003
Four of the last ten came late. The 2023 accounts came latest: 63 days after the end of the period.
Board
1 joined · 1 left
Board changed. Latest change 02-01-2026 · 1 in office.
Position in the sector
€803,369
More equity than 95% of companies in land transport. Sector median €34,663 · 5,957 companies.
Checked score
85
Excellent
Financially stronger than 64% of micro companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.8%▼ -0.1 percentage points vs 05-2025
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025
08-2025: 1.3%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.9%▼ -0.4 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.8%▼ -0.1 percentage points vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▼ -0.5 percentage points vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
1 of the last 3 accounts late
Liquidity: current ratio 3.68, cash €15,276
lowers risk
Founded in 2002
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 92% of them on solvency, 48% on liquidity, 60% on profitability and 54% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as LINITRANS has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of LINITRANS itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 20,137 companies, not a prediction for LINITRANS. 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.
Credit verdict
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.68 (3.42 in 2024), above the usual 1.5. Short-term debt is 17.1% and cash 1.5% of total assets. 20.6% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
1 day late
2023
63 days late
2022
28 days late
2021
36 days late
2020
3 days early
2019
29 days early
← 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 13 days after 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 28 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
New director
Lisa VANHOOREN appointed, Lieven VANHOOREN resigned · General meeting of 30-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0478677380
Appointment: Lieven Vanhooren (director)
“1. Specifieke activiteiten:; 2. Algemene activiteiten:; 3. Beheer van een eigen roerend en onroerend…” (deed in Dutch) · General meeting of 05-12-2023 · Gazette deed
Environmental permit granted
Slopen van niet vrijstaande gebouwen of constructies · Diksmuide
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LINITRANS Diksmuide | €1.0m | €90,161 | 79.4% | - |
| VEEHANDEL DEPREZ Deerlijk | €0.9m | €115,037 | 9.3% | 1 |
| J.D. TRANS Roeselare | €0.8m | €86,719 | 66.0% | - |
| LANDELO Kortrijk | €1.2m | €112,348 | 80.7% | 0 |
| Bouwmaterialen De Smedt Asse | €0.8m | €97,958 | 86.2% | - |
| TRANSPORT TEIRLINCK WIM Londerzeel | €1.0m | €114,198 | 92.5% | - |
| TRANS ZOETE Diksmuide | €0.8m | €127,654 | 43.0% | - |
These companies have the same main activity as LINITRANS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €791,000 and €1.2m, founded between 1999 and 2005.
Official details
Source: KBO- Status
- Active since 29-10-2002Normal situation
- Activity
- Freight transport by roadNACE 49410
- Joint committees
- 140.03Road transport and logistics for third parties
- 226White-collar workers in international trade, transport and logistics · annual accounts 2021
- Establishment unit
- 2.114.714.5198600 Diksmuide, since 20-12-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Annual accounts 2025
- €1.0m▲ 0.6%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on LINITRANS
LINITRANS files the micro format. That format states no turnover. The gross margin fell from €154,611 in 2006 to €90,161 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LINITRANS
- What is the company number of LINITRANS?
- The company number of LINITRANS is 0478.677.380. The VAT number is the same number with BE in front: BE 0478.677.380.
- Where is LINITRANS based?
- The registered office is at Woumenweg 166, 8600 Diksmuide.Company details
- What does LINITRANS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of LINITRANS?
- LINITRANS is a private limited company (BV).
- When was LINITRANS founded?
- LINITRANS was founded on 29-10-2002.
- Is LINITRANS still active?
- Yes, LINITRANS is an active enterprise in the KBO register.
- How many employees does LINITRANS have?
- LINITRANS had an average of 0.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does LINITRANS fall under?
- In its 2021 annual accounts, LINITRANS states joint committees 140.03 (Road transport and logistics for third parties) and 226 (White-collar workers in international trade, transport and logistics).
- What is the turnover of LINITRANS?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €90,161 and 47 comparable companies (NACE 49410). It probably lies between €250,000 and €390,000.
- Is LINITRANS profitable?
- In financial year 2025, LINITRANS made a profit of €70,914.
- Where can I find the annual accounts of LINITRANS?
- LINITRANS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LINITRANS due?
- LINITRANS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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