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MILKTRANS

Active
Private limited companyfounded 199927 yrs activeVitseroelstraat 66, 1740 Ternat, BelgiumKBO/BCE: BE 0465.467.069
Summary

MILKTRANS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €241,356. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 89% of 2157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
MILKTRANSActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410NACE 60242
#4 company by equity in Ternat, Transport and storage sector1 site
Size
€2.5mturnover 2025
Staff
17.1 FTE
Equity
€3.1m
Profit
€241,356
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Parent
VDH INVEST & MANAGEMENT · 99.38%
Accounts 5 d early0 of 4 deeds read
Why 93- Sector Land transport and transport via pipelines (NACE 49)+ Founded in 1999+ Profit of €241,356 (FY 2025)+ Equity €3.1m (79.8% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 73% of its sector peers (NACE 49, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 79.8% of total assets
Liquidity 57+3
short-term debt 12.4% · cash 7.2%
Profitability 84+10
return on assets 6.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,179 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.3%▲ +27.6% vs 11-2024 01-2025: 0.5%▲ +62.7% vs 12-2024 02-2025: 0.2%▼ -57.5% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.2%● 0.0% vs 03-2025 05-2025: 0.2%● 0.0% vs 04-2025 06-2025: 0.2%● 0.0% vs 05-2025 07-2025: 0.2%▼ -4.1% vs 06-2025 08-2025: 0.2%▲ +19.2% vs 07-2025 09-2025: 0.3%▲ +7.3% vs 08-2025 10-2025: 0.3%▲ +3.0% vs 09-2025 11-2025: 0.3%▲ +0.4% vs 10-2025 12-2025: 0.4%▲ +36.0% vs 11-2025 01-2026: 0.6%▲ +50.3% vs 12-2025highest value 02-2026: 0.1%▼ -77.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%▼ -3.9% vs 06-2026lowest value 08-2026: 0.1%▲ +19.4% vs 07-2026 09-2026: 0.2%▲ +8.1% vs 08-2026 10-2026: 0.2%▲ +2.5% vs 09-2026
  • Founded in 1999 lowers the probability for this profile
  • Sector Land transport and transport via pipelines (NACE 49) raises the probability
  • Profit of €241,356 (FY 2025) lowers the probability
  • Equity €3.1m (79.8% of total assets) lowers the probability
Credit up to €250,000 at 30 days acceptable
Liquidity ample (current ratio 6.31 against 4.75 in 2024; short-term debt: 12.4% and cash: 7.2% of total assets), and 20.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, small). Better than this share of them on solvency 95%, liquidity 72%, profitability 86%, growth against the median 39%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1999
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Land transport and transport via pipelines (NACE 49)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Profit of €241,356 (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €3.1m (79.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 26-12-2025, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 d early
2024
on the day
2023
4 d late
2022
1 d early
2021
3 d early
2020
14 d early
2019
13 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today. Usually files around 30 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-05-2026 close04-10-2026 today31-12-2026 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Result rose in 2025from €138,042 to €241,356 ▲ 74.8% View
  • Positive: Among the best 5% on equitysector median €269,590 · 2,158 companies €3.1m View
  • Controlled by VDH INVEST & MANAGEMENTknown shareholders 99.38% 99.38% View
  • Positive: 7 profitable years in a rowprofit 2025: €241,356 7 years View
  • Flemish supportawarded 2022 - 2025 €117,668 View

By topic

Financials

Fiscal year
2025
Turnover
€2.5m
Profit
€241,356
Solvency
79.8%
Turnover▼ 8.7%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 31-12-2026
  1. 26-12-2025Annual accounts filed
  2. 31-12-2024Annual accounts filed
  3. 04-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
18-03-1999
Year ends
31-05
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

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