Active BE 0441.119.970Public limited company

ROTRANS

Albert I Laan(Odk) 96 ·8670 Koksijde, Belgium· 36 yrs active

Sector: Activities of holding companies (64210)

Conclusion Checked

ROTRANS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €638k and a net result of €35k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 5394 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€638k
Net result	€35k
Better than sector	84%
Active	36 yrs

Financial profile 4 of 5 axes measured · computed by Checked

65 / 100

Strong profile, led by solvency.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 27

Solvency 100

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1990, 36 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview34 NBB filings

Annual accounts filed on 03-06-2026 with the NBB · fiscal year 2025 · abbreviated schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~4.6%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 64, Financial service activities, except insurance and pension funding · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	89.4%	51.9%	better than 84% of 5394 sector peers
Net result	€35k	€53k	better than 43% of 5395 sector peers
Equity	€638k	€623k	better than 51% of 5395 sector peers
Gross operating margin	€-5k	€87k	better than 10% of 5391 sector peers
Total assets	€713k	€1.55M	better than 28% of 5395 sector peers

Net profit

€35k

- 21-25

Total assets

€713k

-3.0% 21-25

Equity

€638k

+5.7% 21-25

Income taxes

€65k

- 21-25

Debt

€75k

+686.5% 21-25

Debt ≤ 1y

€75k

+686.5% 21-25

Solvency

89.4%

+9.0% 21-25

ROE

5.4%

- 21-25

ROA

4.9%

- 21-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	abbreviated schema	abbreviated schema	abbreviated schema	abbreviated schema	abbreviated schema
Revenue	n/a	n/a	n/a	n/a	n/a
EBITDA	n/a	n/a	n/a	n/a	n/a
Net profit	€35k	€-27k	€-39k	€-41k	€293k
Cash flow	n/a	n/a	n/a	n/a	n/a
Staff costs	-	-	-	-	-
Income taxes	€65k	-	-	€0	€11k
Dividends	-	-	-	-	-
Total assets	€713k	€735k	€779k	€815k	€950k
Equity	€638k	€603k	€630k	€669k	€710k
Debt	€75k	€10k	€27k	€24k	€118k
of which ≤ 1y	€75k	€10k	€27k	€23k	€117k
of which > 1y	-	-	-	-	-
Working capital	n/a	n/a	n/a	n/a	n/a
Employees (FTE)	-	-	-	-	-

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	n/a	n/a	n/a	n/a	n/a
Quick ratio	n/a	n/a	n/a	n/a	n/a
Working capital ratio	n/a	n/a	n/a	n/a	n/a
Solvency	89.4%	82.1%	80.9%	82.1%	74.7%
Debt / equity	n/a	n/a	n/a	n/a	n/a
Long-term debt ratio	n/a	n/a	n/a	n/a	n/a
Interest coverage	n/a	n/a	n/a	n/a	n/a
Gross margin	n/a	n/a	n/a	n/a	n/a
Net margin	n/a	n/a	n/a	n/a	n/a
ROA	4.9%	-3.6%	-5.0%	-5.0%	30.9%
ROE	5.4%	-4.4%	-6.2%	-6.1%	41.3%
EBITDA margin	n/a	n/a	n/a	n/a	n/a
Days sales outstanding	n/a	n/a	n/a	n/a	n/a
Days payable outstanding	n/a	n/a	n/a	n/a	n/a
Inventory turnover	n/a	n/a	n/a	n/a	n/a
Days inventory (DSI)	n/a	n/a	n/a	n/a	n/a

Balance-sheet composition 2025

Assets

Fixed assets €457k · 64.0% Current assets €257k · 36.0%

Equity & liabilities

Equity €638k · 89.4% Debt €75k · 10.6%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€713k	€735k	€779k	€815k	€950k
Fixed assets	21/28	€457k	€481k	€505k	€530k	€554k
Tangible fixed assets	22/27	€367k	€391k	€415k	€440k	€464k
Financial fixed assets	28	€90k	€90k	€90k	€90k	€90k
Current assets	29/58	€257k	€254k	€274k	€286k	€396k
Amounts receivable within one year	40/41	€248k	€247k	€235k	€244k	€109k
Investments	50/53	-	-	-	-	€0
Cash & bank	54/58	€228	€63	€30k	€34k	€279k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€713k	€735k	€779k	€815k	€950k
Equity	10/15	€638k	€603k	€630k	€669k	€710k
Contributions / capital	10/11	€120k	€120k	€120k	€120k	€120k
Reserves	13	€518k	€483k	€510k	€549k	€733k
Accumulated profits (losses)	14	-	-	-	€0	€-143k
Provisions & deferred taxes	16	-	€122k	€122k	€122k	€122k
Amounts payable	17/49	€75k	€10k	€27k	€24k	€118k
Amounts payable within one year	42/48	€75k	€10k	€27k	€23k	€117k
Trade debts payable within one year	44	€940	€272	€15k	€12k	€10k
Income statement
Gross operating margin	9900	€-5k	€-8k	€-20k	€-20k	€480k
Operating result	9901	€-31k	€-34k	€-48k	€-46k	€446k
Financial income	75	€10k	€9k	€10k	€8k	€7k
Financial charges	65	€2k	€2k	€1k	€2k	€27k
Result before taxes	9903	€-23k	€-27k	€-39k	€-41k	€426k
Income taxes	67/77	€65k	-	-	€0	€11k
Net result for the period	9904	€35k	€-27k	€-39k	€-41k	€293k
Result to be appropriated	9905	€402k	€-27k	€-39k	€-41k	€-74k

Legal Structure

NACE primary	Activities of holding companies(64210)
Legal form	Public limited company(014)
Incorporation	25-07-1990
Status	Active
Postal code	8670

Establishment units 1 location

ROTRANS NV

Albert I Laan(Odk) 96, 8670 KoksijdeAir transport

since 19912.052.578.792

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
38502G0114/00_000	Flanders	600 m²	1 · 204 m²	20.6 m · 6 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 15Financial 4Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2026

03-06

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 123 days late

03-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 488 days late

2025

30-06

Financial Back to profitnet €35k

Net result €35k after 3 loss-making years.

2024

30-06

Financial Liquidity triplescurrent ratio 26.57

Current ratio from 10.24 to 26.57; short-term debt falls from €27k to €10k.

2023

27-10

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

27-10

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 269 days late

23-03

State Gazette act Director changes

2022

05-10

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 247 days late

30-06

Financial Weakest financial yearnet €-41k ▼114%

Net result drops to €-41k, the lowest in the series; recovery starts the following year.

30-06

Financial Liquidity quadruplescurrent ratio 12.36

Current ratio from 3.37 to 12.36; short-term debt falls from €117k to €23k.

23-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 508 days late

2020

02-11

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 276 days late

2019

31-01

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

26-02

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 26 days late

2016

13-12

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 9 acts read

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 3 years ago

2023

23-03-2023 4 reappointed Director changes

Luc Célérier, Bestuurder
ines Smets, Bestuurder
ines Smets, Gedelegeerd bestuurder
ines Smets, Voorzitter

Original publication ↗

Technical details

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  "decisions": [
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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Holdings64200Activities of holding companies64210

Names & trade names

Legal nameNL

ROTRANS

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