OLSTRANS
ActiveSummary
The computed 12-month bankruptcy probability of OLSTRANS is 2.0% (moderate). The 2025 annual accounts show equity of €57,408 and a net result of €1,670. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 18% of 886 sector peers (NACE 52, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 10 FTE
- Equity
- €57,408
- Profit
- €1,670
- Parent
- Andrian · 99%
- ANDRIANDirector · permanent representative Lieven BREE-MEERSCH
- Katrien GEERTSDirector
- Decorte JohnDirector
Why 53raises riskEquity €57,408 (8.1% of total assets)Sector: Warehousing and support activities for transportation (NACE 52)Founded in 2019lowers riskLiquidity: current ratio 0.70, cash €151,751Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 52, small): better than 18% on solvency, 39% on liquidity, 53% on profitability and 47% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 78 days before the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Appointment: Decorte John (director)Power of attorney
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 22% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 52, Warehousing and support activities for transportation: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96.0% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,603 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €452,551 | €483,546 | €578,116 | €544,433 | €584,356 | ▲ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €179,363 | €186,658 | €201,380 | €265,607 | €278,668 | €147,850 | €174,144 | ▲ 17.8% |
| Other operating charges640/8 | - | - | €1,623 | €1,515 | €3,214 | €3,110 | €2,491 | ▼ 19.9% |
| Gross operating margin9900 | €454,228 | €573,774 | €681,382 | €780,375 | €884,250 | €731,387 | €789,097 | ▲ 7.9% |
| Operating profit (loss)9901 | €19,439 | €20,654 | €25,828 | €29,707 | €24,252 | €35,994 | €28,106 | ▼ 21.9% |
| Financial income75/76B | - | - | €9 | - | - | - | €16 | - |
| Recurring financial income75 | - | - | €9 | - | - | - | €16 | - |
| Financial charges65/66B | - | - | €18,628 | €15,670 | €23,585 | €32,068 | €26,357 | ▼ 17.8% |
| Recurring financial charges65 | €13,657 | €10,540 | €18,628 | €15,670 | €23,585 | €32,068 | €26,357 | ▼ 17.8% |
| Profit (loss) for the period before taxes9903 | €5,782 | €10,114 | €7,209 | €14,037 | €667 | €3,926 | €1,765 | ▼ 55.0% |
| Income taxes67/77 | - | - | €711 | €3,886 | - | - | €95 | - |
| Profit (loss) for the period9904 | €5,782 | €10,114 | €6,498 | €10,151 | €667 | €3,926 | €1,670 | ▼ 57.5% |
| Profit (loss) for the period to be appropriated9905 | €5,782 | €10,114 | €6,498 | €10,151 | €667 | €3,926 | €1,670 | ▼ 57.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €952,925 | €937,324 | €925,079 | €901,298 | €709,743 | €766,069 | €707,476 | ▼ 7.6% |
| Fixed assets21/28 | €719,931 | €589,572 | €493,228 | €553,581 | €416,028 | €525,770 | €372,576 | ▼ 29.1% |
| Intangible fixed assets21 | €218,184 | €163,638 | €109,092 | €54,546 | - | - | - | - |
| Tangible fixed assets22/27 | €499,262 | €423,584 | €381,921 | €496,010 | €413,138 | €523,025 | €369,831 | ▼ 29.3% |
| Plant, machinery and equipment23 | - | - | €1,072 | €536 | - | €2,121 | €1,673 | ▼ 21.1% |
| Furniture and vehicles24 | - | - | €380,849 | €495,474 | €413,138 | €284,470 | €182,824 | ▼ 35.7% |
| Leasing and similar rights25 | - | - | - | - | - | €236,434 | €185,334 | ▼ 21.6% |
| Financial fixed assets28 | €2,485 | €2,350 | €2,215 | €3,025 | €2,890 | €2,745 | €2,745 | = |
| Current assets29/58 | €232,994 | €347,752 | €431,851 | €347,717 | €293,715 | €240,299 | €334,900 | ▲ 39.4% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €3,804 | - |
| Stocks30/36 | - | - | - | - | - | - | €3,804 | - |
| Amounts receivable within one year40/41 | €152,300 | €125,855 | €119,871 | €162,472 | €176,562 | €137,163 | €179,345 | ▲ 30.8% |
| Trade receivables40 | - | - | €119,871 | €162,472 | €176,562 | €123,464 | €170,823 | ▲ 38.4% |
| Other amounts receivable41 | - | - | - | - | - | €13,699 | €8,522 | ▼ 37.8% |
| Cash at bank and in hand54/58 | €80,694 | €221,897 | €311,980 | €185,245 | €117,153 | €103,136 | €151,751 | ▲ 47.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €952,925 | €937,324 | €925,079 | €901,298 | €709,743 | €766,069 | €707,476 | ▼ 7.6% |
| Equity10/15 | €24,382 | €34,496 | €40,994 | €51,145 | €51,812 | €55,738 | €57,408 | ▲ 3.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €5,782 | €15,896 | €22,394 | €32,545 | €33,212 | €37,138 | €38,808 | ▲ 4.5% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €20,534 | €30,685 | €31,352 | €35,278 | €36,948 | ▲ 4.7% |
| Amounts payable17/49 | €928,543 | €902,828 | €884,085 | €850,153 | €657,931 | €710,331 | €650,068 | ▼ 8.5% |
| Amounts payable after more than one year17 | €618,750 | €611,075 | €489,209 | €367,226 | €253,125 | €329,465 | €168,967 | ▼ 48.7% |
| Financial debts170/4 | - | - | €489,209 | €367,226 | €253,125 | €329,465 | €168,967 | ▼ 48.7% |
| Amounts payable within one year42/48 | €309,793 | €291,753 | €394,876 | €481,327 | €403,206 | €379,266 | €481,101 | ▲ 26.9% |
| Current portion of amounts payable after more than one year42 | - | - | €121,853 | €122,000 | €114,120 | €158,736 | €160,498 | ▲ 1.1% |
| Financial debts43 | - | - | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Credit institutions430/8 | - | - | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Trade debts44 | €38,236 | €26,491 | €123,022 | €117,168 | €121,078 | €31,057 | €67,255 | ▲ 117% |
| Suppliers440/4 | - | - | €123,022 | €117,168 | €121,078 | €31,057 | €67,255 | ▲ 117% |
| Taxes, remuneration and social security45 | - | - | €25,001 | €37,159 | €43,008 | €47,597 | €83,820 | ▲ 76.1% |
| Taxes450/3 | - | - | €25,001 | €37,159 | €39,970 | €47,597 | €45,548 | ▼ 4.3% |
| Remuneration and social security454/9 | - | - | - | - | €3,038 | - | €38,272 | - |
| Other amounts payable47/48 | - | - | - | €80,000 | - | €16,876 | €44,528 | ▲ 164% |
| Accrued charges and deferred income492/3 | - | - | - | €1,600 | €1,600 | €1,600 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,782 | €10,114 | €6,498 | €10,151 | €667 | €3,926 | €1,670 | ▼ 57.5% |
| + Depreciation and write-downs630 | €179,363 | €186,658 | €201,380 | €265,607 | €278,668 | €147,850 | €174,144 | ▲ 17.8% |
| Operating cash flow (approximation) | €185,145 | €196,772 | €207,878 | €275,758 | €279,335 | €151,776 | €175,814 | ▲ 15.8% |
| Investment in fixed assets (approximation) | - | -€56,299 | -€105,036 | -€325,960 | -€141,115 | -€257,592 | -€20,950 | ▲ 91.9% |
| Change in cash | - | €141,203 | €90,083 | -€126,735 | -€68,092 | -€14,017 | €48,615 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-03-2026 | 2026-00068679 |
| 31-12-2024 | abbreviated format | 21-03-2025 | 2025-00051909 |
| 31-12-2023 | abbreviated format | 23-02-2024 | 2024-00033457 |
| 31-12-2022 | abbreviated format | 23-02-2023 | 2023-00030444 |
| 31-12-2021 | abbreviated format | 18-07-2022 | 2022-20193958 |
| 31-12-2020 | abbreviated format | 25-08-2021 | 2021-53100170 |
| 31-12-2019 | abbreviated format | 11-08-2020 | 2020-40600268 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · €13,897 awarded · €13,897 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €360 | €360 |
| 2024 | 1 | €1,065 | €1,065 |
| 2023 | 2 | €12,315 | €12,315 |
| 2022 | 1 | €157 | €157 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ANDRIAN |
|
| Katrien GEERTS |
|
| Decorte John |
|
Owners and capital
Owners
1 ownerChain of control
- Andrian
- OLSTRANS
Highest known parent: Andrian. The sources do not say who stands above it.
Owners 1
- Andrianparent99%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
16-02
Gazette deed
Appointment: Decorte John (director)Power of attorney3 facts ▸
- General meeting, 27-01-2026
- Director appointment, Decorte John (director)
- Power of attorney, Dieter Speeckaert
23-01
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 12-12-2024
- Registered-office move, Gentseweg 217 te 8792 Desselgem
12-09
Gazette deed
Resignations: ANDRIAN (manager) and Katrien GEERTS (manager)Reappointments: ANDRIAN (director) and Katrien GEERTS (director) · Permanent representative: Lieven BREE-MEERSCH · Capital conversion12 facts ▸
- General meeting, 05-09-2023
- Other provision, “Aanpassing statuten aan het WVV, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap(BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Capital
- Other provision, “Opdracht tot coördinatie, Vierde besluit” (deed in Dutch)
- Director resignation, ANDRIAN (manager)
- Director reappointment, ANDRIAN (director (not named in the articles))
- Permanent representative, Lieven BREE-MEERSCH
- Director resignation, Katrien GEERTS (manager)
- Director reappointment, Katrien GEERTS (director (not named in the articles))
- Registered office clause, “9870 Olsene (Zulte), Grote Steenweg 202, Zesde besluit” (deed in Dutch)
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34010A0546/00Z003 | Flanders | 1.3 ha | 1 · 117 m² | 10.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op; Groothandel in nieuwe en gebruikte auto’s voor…” (deed in Dutch)
25 activities (deed in Dutch)
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op
- Groothandel in nieuwe en gebruikte auto’s voor personenvervoer,lichte bestelwagens,vrachtwagens,trekkers,terreinwagens,motorhomes,aanhangwagens,enzovoort;
- Handelsbemiddeling en groothandel in onderdelen,accessoires en banden van motorvoertuigen,inclusief groothandel in tweedehands-onderdelen;
- Detailhandel in onderdelen,accessoires en banden van motorvoertuigen,inclusief detailhandel in tweedehands-onderdelen;
- Verhuur en lease van machines en installaties;
- Verhuur van rollend materieel,zoals heftrucks,vrachtwagens,lichte vrachtwagens,personenwagens,enzovoort;
- Verhuur van alle roerende en onroerende goederen en meer in het algemeen van alle roerende en onroerende goederen welke de vennootschap onder haar activa heeft;
- Koerierdiensten en expressdienst;
- Expediteursbedrijf,douane-agent en alle daarbij horende activiteiten;
- Goederenvervoer over en langs de weg,voor eigen rekening of voor rekening van derden tegen vergoeding en opslag van goederen;
- Nationaal en internationaal vervoer van goederen over de weg,per spoor,via luchtvaart en over het water(transportonderneming);
- Het uitbaten van een transportonderneming met alle bijhorende activiteiten;
- Opslag,vrachtbehandeling en distributie;
- Collievervoer en/of verhuur van voertuigen en personenwagens al dan niet met chauffeur;
- De verhuur van vrachtwagens met bestuurder;
- De aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in het kort het optreden als tussenpersoon in de handel;
- Administratieve dienstenverlening,consultancy en managementactiviteiten,zowel voor eigen rekening als voor derden;
- Het verzorgen van logistieke ondersteuning;
- Het verlenen van adviezen en diensten aan bedrijven of personen;
- De vennootschap kan deelnemen aan het bestuur of de vereffening van andere vennootschappen of verenigingen;
- Tussenpersoon in handel van alle roerende goederen en producten;
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of aval verlenen in de meest ruime zin,alle handels-en financiële operaties verrichten behalve deze die wettelijk voorbehouden zijn voor depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen;
- Het verwerven,kopen,verkopen,ruilen en beheren van roerende en onroerende goederen en waarden,schuldvorderingen en onlichamelijke rechten,en het deelnemen in andere vennootschappen,al dan niet met een gelijkaardig voorwerp;
- Zij kan deze voormelde roerende en onroerende goederen productief maken,onder meer door toezicht en controle,studie en adviesverlening,door beheers-of financiële bijstand aan ondernemingen,of op elke ander wijze die haar nuttig kan zijn;
- Onroerende en roerende goederen aankopen,verkopen,verhuren,… en alle hiermee samenhangende verrichtingen zonder dat deze verrichtingen een activiteit als vastgoedhandelaar mogen uitmaken;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- OLSTRANS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, oprichten of opheffen wanneer en waar nodig,voor zover geen wijziging van toepasselijk taalregime” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of June at 18:00