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RENDAC TRANSPORT

Active
Private limited companyfounded 1988active for 37 yearsFabriekstraat 2, 9470 Denderleeuw, BelgiumKBO/BCE: BE 0436.135.259
Summary

RENDAC TRANSPORT has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €10.6m and a net result of €918,571. Equity is growing by about 9.3% per year across the filed financial years. Its solvency ranks better than 82% of 129 sector peers (NACE 49, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Freight transport by road
NACE 49410
3rd largest employer in Denderleeuw4 sites
Size
€12.7mturnover 2026
Staff
69.1 FTE
Equity
€10.6m
Profit
€918,571
Financial health
90 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
DARLING INGREDIENTS BELGIUM HOLDING · 85.56%
Accounts 47 days early1 of 20 deeds read
Why 90raises riskLiquidity: current ratio 1.98, cash €128, halvedSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1988Size: turnover €12.7m, 69.1 FTE, total assets €15.2mShow the evidence

Checked score

Score 2026
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 49, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 95-2
equity 69.7% of total assets
Liquidity 37-2
short-term debt 30.3% · cash 0.0%
Profitability 83+1
return on assets 6.0%
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% (274 companies, NACE 49, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 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 05-2025highest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €950,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.98, compared with 2.19 in 2024, above the usual 1.5; short-term debt: 30.3% and cash: 0% of total assets), and 30.3% of the assets are financed with debt and provisions.
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 49, medium-sized): better than 91% on solvency, 53% on liquidity, 86% on profitability and 52% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.98, cash €128, halved
NBB · annual accounts
lowers risk · Size: turnover €12.7m, 69.1 FTE, total assets €15.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 03-01-2026 was due by 03-08-2026 and was filed on 17-06-2026, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
47 days early
2024
48 days early
2023
43 days early
2022
42 days early
2021
4 days late
2020
16 days early
2019
54 days late
← 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 20 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Equity above €10mequity €10.6m ▲9.5%
  3. Reappointment: KPMG bedrijfsrevisoren BV (statutory auditor)Permanent representative: Joachim Hoebeeck

Key points

  • Positive: Among the best 5% on net resultsector median €19,680 · 129 companies €918,571 View
  • Positive: 8 profitable years in a rowprofit 2026: €918,571 8 years View
  • Controlled by DARLING INGREDIENTS BELGIUM HOLDINGknown shareholders 100% 85.56% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2026
Turnover
€12.7m
Profit
€918,571
Solvency
69.7%
Turnover▲ 0.9%
Net result
20182026
Go to Financials

Timeline

Events
41
Since
1990
  1. 10-06-2025Annual accounts filed
  2. 28-12-2024Highest result from 2018 to 2026
  3. 17-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
4
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
13-12-1988
Year ends
03-01
Peppol
Reachable for e-invoices
Go to Company details

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