RIKSTRANS
ActiveSummary
The computed 12-month bankruptcy probability of RIKSTRANS is 1.6% (moderate). The 2025 annual accounts show equity of €2.2m and a net result of €564,954. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 59% of 1880 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+3
Solvency72▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 2.18 against 2.39 in 2024; short-term debt: 26.9% and cash: 2.7% of total assets), but 52.6% 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 · 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
47.4%
Return on assets
12.4%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 d early
2023
37 d late
2021
39 d early
2020
11 d late
2019
31 d late
2018
41 d 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 7 days after 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 employer in Temse, Transport and storage sector#8 company by equity in Temse, Transport and storage sector#9 company by total assets in Temse, Transport and storage sector
Equity
€2.2m▲ 16.4%
2024 · €1.9m
Total assets
€4.6m▲ 37.3%
2024 · €3.3m
Net result
€564,954▲ 71.1%
2024 · €330,245
Working capital
€1.5m▲ 9.5%
2024 · €1.3m
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
Line20202021202320242025
Operating result€649,792▲ 163%€701,290▲ 7.9%€976,017-€358,701▼ 63.2%€689,017▲ 92.1%
Net result€481,229above the sector's middle half▲ 217%€512,809above the sector's middle half▲ 6.6%€805,733above the sector's middle half-€330,245above the sector's middle half▼ 59.0%€564,954above the sector's middle half▲ 71.1%
Equity€913,998above the sector's middle half▲ 111%€1.4mabove the sector's middle half▲ 56.1%€1.9mabove the sector's middle half-€1.9mabove the sector's middle half▲ 0.3%€2.2mabove the sector's middle half▲ 16.4%
Total assets€1.4mwithin the sector's middle half▲ 144%€1.9mwithin the sector's middle half▲ 35.0%€2.6mabove the sector's middle half-€3.3mabove the sector's middle half▲ 26.5%€4.6mabove the sector's middle half▲ 37.3%
Debt€491,878▲ 243%€471,451▼ 4.2%€774,450-€1.5m▲ 89.5%€2.4m▲ 63.9%
Working capital€340,712▼ 8.6%€734,798▲ 116%€988,303-€1.3m▲ 34.6%€1.5m▲ 9.5%
Solvency65.0%above the sector's middle half▼ 10.1pp75.2%above the sector's middle half▲ 10.2pp70.6%above the sector's middle half-55.9%within the sector's middle half▼ 14.6pp47.4%within the sector's middle half▼ 8.5pp
Staff (FTE)18within the sector's middle half▲ 45.2%30.2above the sector's middle half▲ 67.8%30.3above the sector's middle half-29.3above the sector's middle half▼ 3.3%31.3above the sector's middle half▲ 6.8%
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.
Why a figure moved sharply
- 2024 Net result -59% on 2023. The previous fiscal year ran 21 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 92% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.6m
Fixed assets
€1.9m ▲ 80.8%
Current assets
€2.7m ▲ 17.5%
Equity and liabilities €4.6m
Equity
€2.2m ▲ 16.4%
Debt
€2.4m ▲ 63.9%
Debt's share of the balance-sheet total rises from 44.1% to 52.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€981,330▲
2024 · €624,326
Cash flow
€857,267▲
2024 · €595,870
Current ratio
2.18▼
2024 · 2.39
Debt to equity
1.11▲
2024 · 0.79
ROE
26.1%▲
2024 · 17.7%
ROA
12.4%▲
2024 · 9.9%
Interest coverage
23.03▼
2024 · 30.11
Debt ≤ 1 year
€1.2m▲
2024 · €957,902
Debt > 1 year
€1.2m▲
2024 · €509,441
Income taxes
€115,765▲
2024 · €14,009
Staff costs
€1.8m▲
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 17,792 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 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €15,000 | €3,582 | ▼ 76.1% |
| Remuneration, social security and pensions62 | - | €1.5m | €2.6m | €1.6m | €1.8m | ▲ 9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €89,871 | €247,978 | €478,447 | €265,625 | €292,313 | ▲ 10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €8,325 | -€990 | ▼ 112% |
| Other operating charges640/8 | - | €74,963 | €137,005 | €111,468 | €147,125 | ▲ 32.0% |
| Gross operating margin9900 | €1.7m | €2.5m | €4.2m | €2.4m | €2.9m | ▲ 22.5% |
| Operating profit (loss)9901 | €649,792 | €701,290 | €976,017 | €358,701 | €689,017 | ▲ 92.1% |
| Financial income75/76B | - | €0 | €4,193 | €6,290 | €34,309 | ▲ 445% |
| Recurring financial income75 | €4,688 | €0 | €4,193 | €6,290 | €34,309 | ▲ 445% |
| Financial charges65/66B | - | €2,148 | €8,649 | €20,737 | €42,607 | ▲ 105% |
| Recurring financial charges65 | €3,236 | €2,148 | €8,649 | €20,737 | €42,607 | ▲ 105% |
| Profit (loss) for the period before taxes9903 | €651,244 | €699,142 | €971,561 | €344,254 | €680,719 | ▲ 97.7% |
| Income taxes67/77 | €170,015 | €186,332 | €165,828 | €14,009 | €115,765 | ▲ 726% |
| Profit (loss) for the period9904 | €481,229 | €512,809 | €805,733 | €330,245 | €564,954 | ▲ 71.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €273,650 | €147,350 | ▼ 46.2% |
| Transfer to tax-exempt reserves689 | - | €147,350 | €210,500 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €207,579 | €365,459 | €595,233 | €603,895 | €712,304 | ▲ 18.0% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.9m | €2.6m | €3.3m | €4.6m | ▲ 37.3% |
| Fixed assets21/28 | €573,286 | €692,009 | €869,237 | €1.0m | €1.9m | ▲ 80.8% |
| Tangible fixed assets22/27 | €573,286 | €691,999 | €670,227 | €1.0m | €1.9m | ▲ 80.8% |
| Furniture and vehicles24 | - | €603,499 | €670,227 | €455,936 | €241,208 | ▼ 47.1% |
| Leasing and similar rights25 | - | - | - | €585,666 | €1.6m | ▲ 180% |
| Assets under construction and advance payments27 | - | €88,500 | - | - | - | - |
| Financial fixed assets28 | - | €10 | €199,010 | €10 | €10 | = |
| Current assets29/58 | €832,590 | €1.2m | €1.8m | €2.3m | €2.7m | ▲ 17.5% |
| Amounts receivable within one year40/41 | €399,349 | €600,206 | €1.3m | €1.9m | €2.5m | ▲ 33.4% |
| Trade receivables40 | - | €600,206 | €455,362 | €397,572 | €693,638 | ▲ 74.5% |
| Other amounts receivable41 | - | - | €875,000 | €1.5m | €1.8m | ▲ 22.4% |
| Cash at bank and in hand54/58 | €405,206 | €553,666 | €404,019 | €364,637 | €125,322 | ▼ 65.6% |
| Deferred charges and accrued income490/1 | - | €52,377 | €28,372 | €31,307 | €40,149 | ▲ 28.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.9m | €2.6m | €3.3m | €4.6m | ▲ 37.3% |
| Equity10/15 | €913,998 | €1.4m | €1.9m | €1.9m | €2.2m | ▲ 16.4% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €275,510 | €422,860 | €633,360 | €633,360 | €633,360 | = |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | €421,000 | €631,500 | €357,850 | €210,500 | ▼ 41.2% |
| Distributable reserves133 | - | - | €1,860 | €275,510 | €422,860 | ▲ 53.5% |
| Profit (loss) carried forward14 | €626,088 | €991,548 | €1.2m | €1.2m | €1.5m | ▲ 25.1% |
| Amounts payable17/49 | €491,878 | €471,451 | €774,450 | €1.5m | €2.4m | ▲ 63.9% |
| Amounts payable after more than one year17 | - | - | - | €509,441 | €1.2m | ▲ 130% |
| Financial debts170/4 | - | - | - | €509,441 | €1.2m | ▲ 130% |
| Amounts payable within one year42/48 | €491,878 | €471,451 | €774,450 | €957,902 | €1.2m | ▲ 28.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €51,868 | €323,160 | ▲ 523% |
| Financial debts43 | - | - | - | - | €58,668 | - |
| Credit institutions430/8 | - | - | - | - | €58,668 | - |
| Trade debts44 | €167,549 | €256,865 | €194,426 | €336,937 | €332,596 | ▼ 1.3% |
| Suppliers440/4 | - | €256,865 | €194,426 | €336,937 | €332,596 | ▼ 1.3% |
| Taxes, remuneration and social security45 | - | €214,586 | €205,024 | €209,235 | €257,723 | ▲ 23.2% |
| Taxes450/3 | - | €74,754 | €79,744 | €60,086 | €82,795 | ▲ 37.8% |
| Remuneration and social security454/9 | - | €139,831 | €125,280 | €149,149 | €174,928 | ▲ 17.3% |
| Other amounts payable47/48 | - | - | €375,000 | €359,862 | €260,000 | ▼ 27.8% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €481,229 | €512,809 | €805,733 | €330,245 | €564,954 | ▲ 71.1% |
| + Depreciation and write-downs630 | €89,871 | €247,978 | €478,447 | €265,625 | €292,313 | ▲ 10.0% |
| Operating cash flow (approximation) | €571,100 | €760,787 | €1.3m | €595,870 | €857,267 | ▲ 43.9% |
| Investment in fixed assets (approximation) | - | -€366,701 | - | -€438,000 | -€1.1m | ▼ 159% |
| Change in cash | - | €148,460 | - | -€39,382 | -€239,316 | ▼ 508% |
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
2026
17-07
State Gazette act
Resignation: H+ BV (director)Permanent representative: Frederick Hemelaer · Director discharge4 facts ▸
State Gazette act
Resignation: H+ BV (director)
Permanent representative: Frederick Hemelaer · Director discharge4 facts ▸
- General meeting, 17-06-2026
- Director resignation, H+ BV (director)
- Permanent representative, Frederick Hemelaer (permanent representative)
- Director discharge, H+ BV
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Equity above €2mEq €2.2m ▲16.4%
7 profitable years in a row build equity to €2.2m.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 37 days late
2023
30-09
Financial
Highest result since 2018net €805,733 ▲57.1%
Operating result €976,017, net result €805,733, both a record.
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1mEq €1.4m ▲56.1%
4 profitable years in a row build equity to €1.4m.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
31-12
Financial
Equity above €500,000Eq €913,998 ▲111%
3 profitable years in a row build equity to €913,998.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €151,812 ▼16%
Net result drops to €151,812, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial
Liquidity doublescurrent ratio 3.60
Current ratio from 1.73 to 3.60; short-term debt falls from €222,852 to €143,336.
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 41 days late
21-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 174 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
9 of this company's 10 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Temse · 3 establishment units since 2020
Ground area
7.6 ha
Building footprint
2.3 ha
Volume, LiDAR
42,233 m³
4 parcels, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
3 establishment units
Rikstrans
since 20202.298.217.832
Slachthuislaan 1, 2800 Mechelen
since 20202.316.171.542
D'Helst 14B, 9280 Lebbeke
since 20202.316.171.938
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025A0849/00F000 | Flanders | 4.5 ha | 1 · 1.3 ha | - |
| 12402B0640/00R000 | Flanders | 1.8 ha | 1 · 6,904 m² | 10.1 m · 2 fl. |
| 42322D0285/00Y002 | Flanders | 7,483 m² | 1 · 2,685 m² | - |
| 46025A0852/00_000 | Flanders | 4,788 m² | 1 · 5 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| H+ BV |
|
Structure & network
Owners and holdings
1 ownerChain of control
- Hempo BV
- RIKSTRANS
Highest known parent: Hempo BV. The sources do not say who stands above it.
Owners 1
- Hempo BVparentSourceaccounts Hempo BV 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
2023 · 1 entry · 9,000 EUR awarded · 9,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 9,000 EUR | 9,000 EUR |
Recognitions · licences · registrations
Food safety, FASFC
3 sitesLebbeke2.316.171.938
Mechelen2.316.171.542
Temse2.298.217.832
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 2,899 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-08-2013
Fiscal year end30-09
Activities, NACEBEL 2025
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
77120Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0537285869
Also
9925:BE0537285869
Registered
22-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.