Skip to content

LTD TRANSPORT

Active Private limited companyfounded 1997active for 29 yearsIzegemsestraat 79, 8850 ArdooieKBO/BCE: BE 0460.134.841 #2 company by total assets in Ardooie, Transport and storage sector

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
peak €1.8m (2025)
€1.8m▲ 23.1%
peak €637,133 (2024)
€499,729▼ 21.6%
peak €3.7m (2025)
€3.7m▲ 15.7%
€1.6m▼ 30.9%
peak 3.6 FTE (2021)
1.7 FTE▼ 22.7%
Board3 names since 2021
2 directorsED-CONSULT and 1 other
Owners
  
Documentsfilings and deeds
30-07-2026on the last day
2025abbreviated format
Gross margin from €1.4m to €1.8mStaff from 2.2 FTE to 1.7 FTEEquity from €3.2m to €3.7mDebts from €2.4m to €1.6mInvestments €1.8m

Key points

from the 2025 annual accounts

Equity

€3.7m ▲ 15.7%

LTD TRANSPORT has made a profit in every financial year since 2006.

Turnover

≈ €3.3m estimated

The abbreviated format states no turnover.

Investments

€1.8m 2.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Liquidity

3.06 was 2.25 in 2024

Short-term debts fell from €1.7m to €845,328.

Filings

28 annual accounts since 1998
deadline200020102020

Four of the last ten came late. The 2021 accounts came latest: 19 days after the end of the period.

Position in the sector

€499,729

Higher net result than 95% of companies in land transport. Sector median €22,414 · 2,412 companies.

Checked score

96
Excellent
Financially stronger than 68% of micro companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% 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).

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

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.4 percentage points vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

92+12equity 66.8% of total assets
60+9short-term debt 15.3% · cash 10.5%
80-3return on assets 9.1%

Score breakdown

raises risk
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Size: 1.7 FTE, total assets €5.5m
Founded in 1997
Figures for financial year 2025 (filed on 01-08-2026)
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 78% of them on solvency, 67% on liquidity, 65% on profitability and 62% 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 30-12-2025.

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, 31,368 companies had the same profile as LTD TRANSPORT has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of LTD TRANSPORT itself: 0.1% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,368 companies, not a prediction for LTD TRANSPORT. 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 €350,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.06 (2.25 in 2024), above the usual 1.5. Short-term debt is 15.3% and cash 10.5% of total assets. 33.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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
lowers risk · Size: 1.7 FTE, total assets €5.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 1997
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 01-08-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 30-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 day late
2023
2 days late
2022
1 day late
2021
19 days late
2020
2 days early
2019
10 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 2 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 30-12-2026 and is due by 30-07-2027. Nothing is late today. The company usually files around 31 July (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
10-11-2026 today30-12-2026 year end30-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DC
Director
  • Lieve Brabant 100%annual accounts 30-12-2016
Board & ownership

Recent changes

New establishment in Mouscron Industriëlaan 103
Registered in the Peppol Directory Reachable for e-invoices through 0208:0460134841
3 directors resigning, 2 reappointments Resignations: Lieve Brabant, Dirk Crombez and ED-CONSULT · Permanent representative: Lieve Brabant · Reappointments: Dirk Crombez (director) and ED-CONSULT (director) · General meeting of 13-11-2023 · Gazette deed
Environmental permit granted Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen · Ardooie
All 39 events

Comparable companies

same main activity, similar in size and age
Company
LTD TRANSPORT Ardooie €5.5m €1.8m 66.8% 1.7
TAVERNIERS en C° Hoegaarden €4.0m €1.7m 76.0% 1.4
HENS STIJN Brasschaat €8.0m €1.1m 70.4% 1.8
WARLINCO Tielt €9.8m €1.2m 86.8% 1
DEPOORTERE Kortrijk €3.0m €1.2m 68.7% 2.2
LSVR Menen €3.5m €0.9m 27.2% 2.4
TAILLIEU-VERGAUWE Zonnebeke €5.5m €1.6m 52.9% 4

These companies have the same main activity as LTD TRANSPORT: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €3m and €9.8m, founded between 1988 and 2004.

Official details

Source: KBO
Status
Active since 28-02-1997Normal situation
Activity
Freight transport by roadNACE 49410and 1 other
Establishment units
2.081.246.9458850 Ardooie, since 17-02-1999
2.385.898.2117700 Mouscron, since 02-01-2026
Financial year end
30 December
Peppol
Reachable since 07-10-2025
Company details

Annual accounts to 30-12-2025

€5.5m▼ 4.0%
Filing
Filed on 30-07-2026, on the last day of the filing period
Financials

Insights on LTD TRANSPORT

LTD TRANSPORT files the abbreviated format. That format states no turnover. The gross margin rose from €931,856 in 2006 to €1.8m in 2025.

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 LTD TRANSPORT

What is the company number of LTD TRANSPORT?
The company number of LTD TRANSPORT is 0460.134.841. The VAT number is the same number with BE in front: BE 0460.134.841.
Where is LTD TRANSPORT based?
The registered office is at Izegemsestraat 79, 8850 Ardooie.Company details
What does LTD TRANSPORT do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of LTD TRANSPORT?
LTD TRANSPORT is a private limited company (BV).
When was LTD TRANSPORT founded?
LTD TRANSPORT was founded on 28-02-1997.
Is LTD TRANSPORT still active?
Yes, LTD TRANSPORT is an active enterprise in the KBO register.
How many employees does LTD TRANSPORT have?
LTD TRANSPORT had an average of 1.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LTD TRANSPORT?
The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €1.8m and 31 comparable companies (NACE 49410). It probably lies between €2.9m and €3.9m.
Is LTD TRANSPORT profitable?
In financial year 2025, LTD TRANSPORT made a profit of €499,729.
Where can I find the annual accounts of LTD TRANSPORT?
LTD TRANSPORT filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LTD TRANSPORT due?
LTD TRANSPORT must file the annual accounts for financial year 2026 by 30-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.