OILCOTRANS
ActiveSummary
OILCOTRANS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €116,848. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 1880 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+1
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 2.49 against 3.5 in 2024; short-term debt: 14.5% and cash: 11.2% of total assets), and 14.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.4%
Return on assets
6.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
25 d early
2023
63 d early
2022
70 d early
2021
53 d early
2020
54 d early
2019
28 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 48 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#7 company by equity in Wielsbeke, Transport and storage sector#8 oldest company in Wielsbeke, Transport and storage sector
Equity
€1.5m▲ 1.2%
2024 · €1.5m
Total assets
€1.7m▲ 4.6%
2024 · €1.6m
Net result
€116,848▲ 16.1%
2024 · €100,681
Working capital
€374,492▼ 21.7%
2024 · €478,349
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€105,819▲ 245%€157,711▲ 49.0%€97,867▼ 37.9%€113,685▲ 16.2%€130,608▲ 14.9%
Net result€103,493within the sector's middle half▲ 266%€155,163above the sector's middle half▲ 49.9%€84,914within the sector's middle half▼ 45.3%€100,681within the sector's middle half▲ 18.6%€116,848above the sector's middle half▲ 16.1%
Equity€1.3mabove the sector's middle half▲ 5.4%€1.3mabove the sector's middle half▲ 5.2%€1.4mabove the sector's middle half▲ 5.2%€1.5mabove the sector's middle half▲ 2.9%€1.5mabove the sector's middle half▲ 1.2%
Total assets€1.4mwithin the sector's middle half▼ 7.3%€1.5mwithin the sector's middle half▲ 9.0%€1.6mwithin the sector's middle half▲ 4.8%€1.6mwithin the sector's middle half▲ 2.5%€1.7mwithin the sector's middle half▲ 4.6%
Debt€128,197▼ 57.9%€188,907▲ 47.4%€192,435▲ 1.9%€192,575▲ 0.1%€252,065▲ 30.9%
Working capital€476,369▲ 53.4%€462,050▼ 3.0%€419,419▼ 9.2%€478,349▲ 14.1%€374,492▼ 21.7%
Solvency90.9%above the sector's middle half▲ 10.9pp87.7%above the sector's middle half▼ 3.2pp88.0%above the sector's middle half▲ 0.3pp88.3%above the sector's middle half▲ 0.3pp85.4%above the sector's middle half▼ 2.9pp
Staff (FTE)14.3within the sector's middle half▲ 6.7%14within the sector's middle half▼ 2.1%13.8within the sector's middle half▼ 1.4%12.8within the sector's middle half▼ 7.2%14within the sector's middle half▲ 9.4%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€1.1m ▲ 12.3%
Current assets
€625,559 ▼ 6.6%
Equity and liabilities €1.7m
Equity
€1.5m ▲ 1.2%
Debt
€252,065 ▲ 30.9%
Debt's share of the balance-sheet total rises from 11.7% to 14.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€320,377▲
2024 · €292,567
Cash flow
€306,618▲
2024 · €279,562
Current ratio
2.49▼
2024 · 3.50
Debt to equity
0.17▲
2024 · 0.13
ROE
7.9%▲
2024 · 6.9%
ROA
6.8%▲
2024 · 6.1%
Interest coverage
136.09▲
2024 · 124.33
Debt ≤ 1 year
€251,067▲
2024 · €191,607
Income taxes
€11,406▲
2024 · €10,651
Staff costs
€1.1m▲
2024 · €969,593
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8,130 | €24,143 | €43,240 | €22,711 | ▼ 47.5% |
| Remuneration, social security and pensions62 | - | €953,903 | €977,075 | €969,593 | €1.1m | ▲ 8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €195,340 | €165,400 | €165,242 | €178,881 | €189,770 | ▲ 6.1% |
| Other operating charges640/8 | - | €997 | €819 | €2,024 | €2,072 | ▲ 2.4% |
| Non-recurring operating charges66A | - | €500 | €8,492 | €1,699 | €500 | ▼ 70.6% |
| Gross operating margin9900 | €1.2m | €1.3m | €1.2m | €1.3m | €1.4m | ▲ 8.9% |
| Operating profit (loss)9901 | €105,819 | €157,711 | €97,867 | €113,685 | €130,608 | ▲ 14.9% |
| Financial income75/76B | - | €1 | - | - | - | - |
| Recurring financial income75 | €142 | €1 | - | - | - | - |
| Financial charges65/66B | - | €2,342 | €2,395 | €2,353 | €2,354 | = |
| Recurring financial charges65 | €2,337 | €2,342 | €2,395 | €2,353 | €2,354 | = |
| Profit (loss) for the period before taxes9903 | €103,624 | €155,370 | €95,471 | €111,332 | €128,254 | ▲ 15.2% |
| Income taxes67/77 | €131 | €207 | €10,557 | €10,651 | €11,406 | ▲ 7.1% |
| Profit (loss) for the period9904 | €103,493 | €155,163 | €84,914 | €100,681 | €116,848 | ▲ 16.1% |
| Profit (loss) for the period to be appropriated9905 | €103,493 | €155,163 | €84,914 | €100,681 | €116,848 | ▲ 16.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.5m | €1.6m | €1.6m | €1.7m | ▲ 4.6% |
| Fixed assets21/28 | €804,643 | €885,126 | €997,670 | €979,521 | €1.1m | ▲ 12.3% |
| Tangible fixed assets22/27 | €802,473 | €882,956 | €995,275 | €977,126 | €1.1m | ▲ 12.4% |
| Furniture and vehicles24 | - | €882,956 | €995,275 | €977,126 | €1.1m | ▲ 12.4% |
| Financial fixed assets28 | €2,170 | €2,170 | €2,395 | €2,395 | €2,395 | = |
| Current assets29/58 | €603,698 | €650,089 | €610,986 | €669,956 | €625,559 | ▼ 6.6% |
| Amounts receivable within one year40/41 | €281,688 | €379,540 | €420,902 | €328,944 | €379,972 | ▲ 15.5% |
| Trade receivables40 | - | €263,540 | €251,902 | €253,946 | €333,749 | ▲ 31.4% |
| Other amounts receivable41 | - | €116,000 | €169,000 | €74,998 | €46,223 | ▼ 38.4% |
| Cash at bank and in hand54/58 | €268,352 | €211,747 | €114,587 | €261,178 | €192,907 | ▼ 26.1% |
| Deferred charges and accrued income490/1 | - | €58,803 | €75,498 | €79,834 | €52,680 | ▼ 34.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.5m | €1.6m | €1.6m | €1.7m | ▲ 4.6% |
| Equity10/15 | €1.3m | €1.3m | €1.4m | €1.5m | €1.5m | ▲ 1.2% |
| Contributions10/11 | €625,000 | €625,000 | €625,000 | €625,000 | €625,000 | = |
| Capital10 | - | €625,000 | €625,000 | €625,000 | €625,000 | = |
| Issued capital100 | - | €800,000 | €800,000 | €800,000 | €800,000 | = |
| Uncalled capital101 | - | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Reserves13 | €655,145 | €721,308 | €791,222 | €831,902 | €848,750 | ▲ 2.0% |
| Non-distributable reserves130/1 | - | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Legal reserve130 | - | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Distributable reserves133 | - | €641,308 | €711,222 | €751,902 | €768,750 | ▲ 2.2% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €128,197 | €188,907 | €192,435 | €192,575 | €252,065 | ▲ 30.9% |
| Amounts payable within one year42/48 | €127,329 | €188,039 | €191,567 | €191,607 | €251,067 | ▲ 31.0% |
| Trade debts44 | €32,307 | €28,506 | €93,091 | €68,722 | €61,149 | ▼ 11.0% |
| Suppliers440/4 | - | €28,506 | €93,091 | €68,722 | €61,149 | ▼ 11.0% |
| Taxes, remuneration and social security45 | - | €70,533 | €83,476 | €62,885 | €89,918 | ▲ 43.0% |
| Taxes450/3 | - | €14,372 | €24,901 | €8,426 | €28,445 | ▲ 238% |
| Remuneration and social security454/9 | - | €56,161 | €58,575 | €54,459 | €61,473 | ▲ 12.9% |
| Other amounts payable47/48 | - | €89,000 | €15,000 | €60,000 | €100,000 | ▲ 66.7% |
| Accrued charges and deferred income492/3 | - | €868 | €868 | €968 | €998 | ▲ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €103,493 | €155,163 | €84,914 | €100,681 | €116,848 | ▲ 16.1% |
| + Depreciation and write-downs630 | €195,340 | €165,400 | €165,242 | €178,881 | €189,770 | ▲ 6.1% |
| Operating cash flow (approximation) | €298,834 | €320,563 | €250,156 | €279,562 | €306,618 | ▲ 9.7% |
| Investment in fixed assets (approximation) | - | -€245,883 | -€277,787 | -€160,732 | -€310,505 | ▼ 93.2% |
| Change in cash | - | -€56,605 | -€97,160 | €146,592 | -€68,272 | ▼ 147% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €155,163 ▲49.9%
Operating result €157,711, net result €155,163, both a record.
2021
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Liquidity doublescurrent ratio 4.74
Current ratio from 2.02 to 4.74; short-term debt falls from €303,692 to €127,329.
2020
08-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €28,260 ▼73.8%
Net result drops to €28,260, the lowest in the series; recovery starts the following year.
03-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Wielsbeke · 1 establishment unit since 1995
Ground area
8,216 m²
Building footprint
176 m²
Volume, LiDAR
1,209 m³
Parcel 37017B0446/00E000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Molenstraat 209, 8710 Wielsbeke
since 19952.070.300.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37017B0446/00E000 | Flanders | 8,216 m² | 1 · 176 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: KEVAREL. The sources do not say who stands above it.
Owners 1
- COPROBELparentSourceaccounts COPROBEL 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 6,862 EUR awarded · 6,989 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 873 EUR | 873 EUR |
| 2024 | 1 | 1,340 EUR | 1,340 EUR |
| 2023 | 2 | 3,722 EUR | 4,144 EUR |
| 2022 | 1 | 927 EUR | 632 EUR |
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 3,524 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-02-1995
Fiscal year end30-06
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0454386107
Also
9925:BE0454386107
Registered
19-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.